TOP CRYPTO BOOKMAKERS RANKED - February 2024

Written by Yordan Spasov |
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Join us as we unveil a revolutionary landscape where cryptocurrency meets sports betting. Our Oddspedia experts have meticulously ranked a selection of bookmakers embracing digital currency. Discover the new frontier of secure and decentralised betting from Bitcoin to Ethereum. Embrace innovation and elevate your betting experience today!

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Bookmaker Rating Payment Method Payment Details Go to bookmaker
4.9 /5
Recommended
Bitcoin Bitcoin
Max. limit Processing time Min. limit Transaction fee
Deposit 0.00 Instant $5.00 No fee
Withdraw 0.00 2 Hours $5.00 $0.00
Visit Site Stake.com Payments
4.8 /5
Recommended
Bitcoin Bitcoin
Max. limit Processing time Min. limit Transaction fee
Deposit 0.00 - 1.00€ No fee
Withdraw 0.00 1 Hour 1.50€ 0.00€
Visit Site 22Bet Payments
4.7 /5
Recommended
Bitcoin Bitcoin
Max. limit Processing time Min. limit Transaction fee
Deposit 0.00 Instant 1.00€ No fee
Withdraw 0.00 1 Hour 2.00€ 0.00€
Visit Site 1xBet Payments
4.7 /5
Recommended
Bitcoin Bitcoin
Max. limit Processing time Min. limit Transaction fee
Deposit 0.00 24.00 Hours 10.00€ No fee
Withdraw 0.00 1 Hour 10.00€ 12.00€
Visit Site Pinnacle Payments
4.5 /5
Recommended
Bitcoin Bitcoin
Max. limit Processing time Min. limit Transaction fee
Deposit 0.00 Instant 0.01₿ 0.10
Withdraw 0.00 Instant 0.01€ 0.10%
Visit Site BC.Game Sport Payments

Top-Rated Crypto Bookmakers - February 2024

The cryptocurrency betting sector's rapid expansion has ushered in many options. With each vying for prominence in a competitive landscape. So, with more competition, premier crypto-betting platforms are now rolling out enhanced bonuses and incentives to entice a growing community of bettors. Notably, these platforms facilitate

  • Swift deposits and withdrawals
  • An expansive assortment of games
  • Minimal transaction fees 

This article presents a comprehensive overview of cryptocurrency betting sites and highlights the advantages of utilising cryptocurrencies over traditional FIAT currencies.

What To Consider When Choosing A Crypto Betting Site?

Crypto betting sites are gaining popularity in sports betting, offering a new way to enjoy your favourite games. But how do you pick the best one for you? Here are some straightforward things to consider:

Legitimacy

Placing bets using crypto is no different from betting with FIAT currencies. If sports betting is legal in your region, crypto betting is also legal. Cryptocurrencies are just another source of funding. As for legitimacy, you have to be careful about the site you choose to bet on. A legitimate betting site should have a licence from a well-known regulatory authority, such as the United Kingdom Gambling Commission.

Reputation

Look for a crypto betting site with a good reputation. Check online reviews and ask fellow bettors for recommendations. A trusted site is like a reliable teammate in your sports betting journey.

Range of Sports

One important thing to consider when choosing a crypto betting site for sports betting is its range of sports. You want to ensure the site has the sports you enjoy betting on. Whether it's football, basketball, or other sports, having various options ensures you can bet on your favourites and explore new sports if you want to.

Crypto Options

Nowadays, betting using cryptocurrency has become common, with many bookmakers accepting cryptos. Different cryptocurrencies are rising daily, but Bitcoin is the leader in that market, and you'll find many Bitcoin betting sites. However, there are also other currencies that online betting sites and these include:

  • Ethereum
  • Litecoin
  • Dogecoin
  • Bitcoin Dash
  • Bitcoin Cash

Most of these cryptocurrencies have similar characteristics, most especially to Bitcoin. These are just a few cryptocurrencies; there are more than 30 cryptos you can bet with.

Exchange Rates

Things are a little trickier regarding exchange rates. Some cryptocurrency betting sites allow you to deposit and withdraw in crypto but deny you the chance to place bets. This means that at some point, you will have to change your crypto into a FIAT currency once you deposit and vice versa when you withdraw. The bookmaker sets the exchange rate for how much will be credited to you, significantly affecting how much money you will have to bet or cash out.

Fees

An advantage of cryptocurrency betting sites is that, unlike other sites with high fees, they have lower fees. They all come with some fees, but they boast minimal fees paid directly to the currency miners. The fees can be as low as 1% or less of your total payment. For example, if you are depositing £300 in BTC, you will incur a £3 charge, which is relatively low. But before you join any betting site, check out the fees charged on your crypto. That is so that you can make the most out of your deposits.

Regulation and Licenses

Betting regulations and licensing are fundamental aspects of any online bookmaker. The world of cryptocurrency can be a little looser than other currencies. For instance, some exchanges do not even need a know-your-customer system. However, that is where the bookmaker comes in with decent regulation. Betting regulations are implemented to ensure you get a fair payout and that your crypto is held and used correctly. To ensure you are protected, only join a crypto-betting site that is licensed and regulated.

Odds

Crypto betting sites allow you to wager tokens, but the payout dramatically depends on the odds offered. Relying on the odds you bet on, you will get a bit more or less crypto for winning bets. Over time, the differences in odds add up. Each betting site offers its odds, and you should research sites with better odds. Once you have found the best odds for your favourite sports, you can join the site and start betting.

Betting Features

One thing that you have to look for is a betting site that accepts crypto. However, it goes beyond accepting crypto. You have to look at many other things on crypto betting sites. For starters, you have to check the sports coverage, which should include popular and less popular options. Another thing you should check out is if the site has in-play and live-streaming features. It would be best to look at the site's ease of use. Ideally, a great betting site should be easy to use, have comprehensive sports coverage, an in-play section and a live streaming feature.

Bonuses and Promotions

Consider looking for crypto betting sites that provide bonuses and promotions. These can add extra excitement to your sports betting experience. Bonuses often include things like free bets or additional funds to wager with, giving you more value for your bets. It's like getting a little extra boost to your betting bankroll.

    User-Friendly Interface

    A user-friendly website or app can significantly impact your betting experience. It should be easy to navigate and understand so you can quickly place bets and enjoy the action. A simple interface ensures a smooth playing field for your bets, making everything more enjoyable.

    Customer Support

    Reliable customer support is vital. Ensure the site offers responsive assistance through options like live chat or email if you have questions or run into issues.

    Security

    In cryptocurrency, security stands as the bedrock of your betting experience. Opt for a crypto betting site with robust security measures safeguarding your funds and personal information. Prioritise peace of mind, ensuring your assets are shielded against potential threats as you indulge in crypto betting. Selecting a reliable crypto bookmaker is not just about the bets; it's about entrusting your assets to a platform that values your security. Explore our guide to discover crypto bookmakers with advanced security features, ensuring a worry-free betting environment. 

    Payment Speed

    One of the advantages of using cryptocurrencies for betting is their speed. Check how quickly the site processes deposits and withdrawals. Fast transactions mean you can get your winnings sooner, adding to the excitement of winning bets.

    Mobile Compatibility

    If you like to bet on the go, make sure the crypto betting site is mobile-compatible. Whether through a mobile-friendly website or a dedicated app, mobile compatibility allows you to place bets from anywhere. Thus, you can wager on sports whenever and wherever you want.

    Terms and Conditions

    Always read and understand the terms and conditions of the crypto betting site. These terms outline the rules for using the platform and any restrictions that apply to bonuses and withdrawals. Being aware of these conditions ensures a smooth and trouble-free betting experience.

    By considering these factors, you can choose the right crypto-betting site that aligns with your sports betting preferences, providing an enjoyable and secure environment for your wagers.

    Crypto Betting

    Accepted Cryptocurrencies at Online Bookmakers

    Cryptocurrency is such a big market, and so many new coins are being launched now and then. Most of these currencies are now accepted by many betting sites. There are different cryptocurrencies that punters can use to bet. Some sites will take only one crypto, such as Bitcoin, while others will accept all the cryptos. Below are some of the most commonly accepted cryptos:

    Bitcoin

    Currently, Bitcoin is the most popular and leading cryptocurrency, which is why many betting sites accept Bitcoin deposits. Bitcoin was the first crypto to be accepted in the gambling industry, and it is the leader out of all the cryptos. It has the highest value and acceptance rate among online betting sites. Some sites will allow you to deposit, bet, and withdraw in Bitcoin, but others will want you to exchange your BTC into a FIAT currency.

    Litecoin

    Litecoin has also been gaining much popularity in the gambling industry and has similar characteristics to Bitcoin. However, Litecoin transactions are more efficient because their speed is superior, and they are also cheaper to use. Although Litecoin might not be as popular as Bitcoin, the currency is gaining a solid acceptance rate. There are dozens of betting sites that accept Litecoin, and you should try them out to enjoy the incredible speed of transactions.

    Bitcoin Cash

    Bitcoin Cash is similar to Bitcoin but differs because the former has a larger block size. Also,  Bitcoin Cash allows more significant transactions to be carried out efficiently simultaneously. Another difference is that it has lower fees than Bitcoin and other cryptos, which is very exciting to punters. Just like other cryptos, you can purchase Bitcoin Cash almost anywhere and use it to place bets at your crypto betting site.

    Ethereum

    You have probably heard about Ethereum or come across Ethereum betting sites. Ethereum operates just like Bitcoin. Both operate on an open-source blockchain, but Ethereum has its proprietary traits. This cryptocurrency has existed since 2015 and has already branched from ETC to the popular ETH. This cryptocurrency is gaining popularity in the online gambling industry, and you will mostly find it next to Bitcoin.

    Dogecoin

    Dogecoin gambling is accelerating, and many crypto sites allow DOGE deposits. Many wallets support DOGE, making many wallets more accessible for punters to access and use the crypto. Some trusted DOGE exchanges include Coinbase, Bittrex, Kraken, Poloniex, and Bitfinex. Through these, you can change BTC, other cryptocurrencies, or FIAT currency into Dogecoins. Dogecoin sites also have a community program where punters can interact with each other as they talk about betting.

    Other Cryptocurrencies

    While the cryptos mentioned above are the most common options among betting sites, there are over 30 cryptocurrencies you can bet with. However, these options aren't as standard as the ones mentioned above. A few cryptos worth mentioning include:

    • Binance Coin
    • Tether
    • Monero
    • Tron
    • Cardano
    • XRP
    • EOS

    Please ensure you sort through the list of cryptos to understand how each works, the pros and cons, and the suitable betting sites.

    Crypto Wallets - How To Buy Cryptocurrency?

    Cryptocurrencies are stored in digital wallets, but you can also get physical wallets that store your crypto. None of them is better than the other, and each has unique payment codes. Exodus is an excellent example of a digital wallet, where punters can create their wallets and store their crypto. In general, there are two categories of crypto wallets: non-custodial wallets and hosted wallets.

    To open a non-custodial wallet, download an app like Coinbase Wallet, create an account, and note down your private key. On the other hand, a hosted wallet is easy to open. You open an account with an Exchange and use a 2-step verification process for safety. Once you have opened the account, select the coin you will bet with. If you do not have crypto in your wallet, go to an exchange such as Binance and purchase the asset of your choice. Once the crypto gets into your wallet, you can start depositing at your crypto betting site. You can rely on a non-custodial wallet or the more secure hosted wallet.

    How To Deposit With Crypto?

    The first thing you will need is a crypto wallet. That is the address with which you will send, receive and store your cryptos. Once you have created your wallet, you must buy the crypto or mine it yourself. For betting, it is highly advised you get your coins from an exchange (which allows you to convert your FIAT currency into cryptos). Each betting site provides instructions on how to deposit crypto into your account. In most cases, you must sign up for an account, select crypto as your preferred currency, and send money from your wallet. The platform will provide you with an address or a QR code that you will use to send the money.

    Crypto Betting Bonuses and Promotions

    The first thing that enthusiastic punters look at is the type of bonuses a betting site offers. Cryptocurrency betting site bonuses give you extra funds and free bets to incentivise you into betting. Whenever you are looking for a new betting site, check out what bonuses they offer because that's one way to maximise your profits. Almost all cryptocurrency betting sites offer new customers a welcome bonus. These offers are usually a great way to start your betting journey. A welcome bonus might come in the form of money, cashback, or even free bets.

    Apart from the usual welcome bonus, some sites go the extra mile to reward returning customers. They do so by hosting regular promotions, including Reload Bonuses, cashback offers, and free bets or prizes. Good sites will even have a VIP program that rewards loyal customers. Although the bonuses might seem significant, there is a catch most of the time. Some bonuses come with extreme requirements that might seem complicated to meet. For example, some bonuses come with a high wagering requirement, making it almost impossible to create any profit.

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    Crypto Betting vs Traditional FIAT Currency Betting

    For decades, FIAT money has been the only medium of exchange. However, with the rise of cryptocurrencies, things have improved because now you can bet using cashless transactions. That is because cryptos have many benefits over FIAT currency, and the significant ones are:

    High speed of transactions. Punters love fast deposits and withdrawals, which they get on cryptocurrency betting sites. Almost all cryptos allow instant deposits, withdrawals and transfers. Instant payments are difficult to achieve, especially when using FIAT currency. Compared to the long waiting periods in other betting sites, crypto sites process your winnings within minutes or hours.

    Lowered costs. Compared to traditional FIAT currencies, cryptocurrency requires no storage cost or high transactional fees. When dealing in FIAT currencies, you must pay additional processing, transactional, and conversion fees. With cryptos, all these fees do not apply, so they charge lower costs.

    Anonymity and transparency. In digital currencies, all transactions are recorded and encrypted so no one can bypass the security protocols. Thus, all your transactions remain anonymous and secure.

    The Benefits of Bitcoin Gambling Sites and Crypto

    With cryptocurrency betting, you can enjoy many benefits, including financial privacy, lower fees, anonymity, and faster transactions. Here are some of the benefits of crypto gambling:

    Financial Privacy

    Cryptocurrency betting sites offer complete privacy to the extent of remaining anonymous. This financial privacy ensures that all your activities remain hidden from credit rating agencies, banks and even your family and friends. In short, you can gamble privately without anyone noticing. Besides financial freedom, it ensures all your transactions are kept safe and secure.

    Lower Fees

    For FIAT currencies, customers must pay credit card, transaction, processing, and deposit and withdrawal fees. These fees add up quickly, and you will lose much money. Luckily, with cryptocurrency betting, you won't be charged all these extra fees to enjoy lower costs. The transfer fee with cryptos could be as much as 90% less than FIAT currency transfer rates.

    Bigger and Better Bonuses

    Best cryptocurrency betting sites offer bigger and better bonuses more frequently than FIAT currency betting sites. This is possible because the operator saves money on deposit, payout, and chargeback fees. As a result, they tend to give back to their customers through bonuses.

    Play from Anywhere

    The online gambling industry operates under stringent regulations. Sports betting sites must obtain licenses, pay fees and taxes, and many more requirements. If a betting site accepts a player from a restricted country, it might face many other heavy sanctions. Traditional bookmakers are alerted by your credit or bank transfer information and block you instantly. However, crypto betting makes it hard to know where the deposits are coming from, so you can bet from anywhere.

    Are There Any Disadvantages to Crypto Gambling Sites?

    All technologies have drawbacks, and cryptocurrencies are no exception. There are various risks involved when you use crypto for betting online. However, the benefits outweigh the risks, but it's worth mentioning a few.

    No Regulation

    Most traditional online bookmakers are fully licensed and stick to specific betting regulations. That's because FIAT currency circulates between parties such as the government, banks and financial institutions. So, running a FIAT currency betting site without a license is impossible because the authorities will realise. On the other hand, operating with cryptos makes it easier for bookies to operate without permits, meaning no authority protects their customers.

    No Chargebacks

    Traditional bookies operate by accepting payments via FIAT methods. Therefore, they have to cater for chargebacks imposed on them by third parties. You can request your credit card provider to carry out a chargeback to recoup your money. However, when dealing with crypto, you cannot request a chargeback because there is no financial intermediary.

    Cryptocurrency Price Volatility

    Cryptocurrency, particularly Bitcoin, is notorious for its extreme volatility. This risk is omnipresent, as the currency's value can fluctuate dramatically in hours.

    Conclusion - The Best Crypto Betting Sites

    In summary, if you want to start crypto betting, this is the best time to do so when the market opens wide. Finding the best crypto betting sites is not simple, but after reading this guide, you should see one that caters to all your needs. There are tons of betting platforms accepting cryptos, but only a few of them are worth your time. A simple way of finding a good crypto site is by checking reviews online. Once you have seen a bookie, you can buy the crypto of your choice, deposit it, and start betting. Crypto betting is straightforward; anyone can do it, from amateur punters to professional ones. Plus, as long as you follow the guidelines explained in this review, you will not have a difficult time. So, do not miss out on trying your luck on cryptocurrency betting sites.

    FAQ

    Is It Safe To Gamble With Cryptocurrency?

    Yes, gambling with cryptocurrency is safe as long as you are on the right betting site. The right betting site has a licence from a respectable regulatory authority such as the UKGC or Malta Gaming Authority.

    Is It Easy To Deposit With BTC?

    Yes, depositing with BTC or any other crypto is very simple. All you have to do is create a wallet and buy or mine your BTC. Go to your betting account and choose BTC as the preferred currency. Use the address provided or the QR code to send your money.

    Are There Any Fees When Depositing With Cryptocurrencies?

    In some cases, BTC and crypto transactions are free and have no additional fees. Some betting sites will charge you fees, but the good news is that they are lower than what FIAT currencies charge.

    Do Online Bookmakers Accept Only BTC?

    Online bookmakers may also accept other cryptos, such as Ethereum, Litecoin, Bitcoin Cash, Dogecoin, etc. Some sites will only take one type of crypto, while others will accept several. You will also find other sites that accept both FIAT currencies and cryptos.

    Are There Exclusive Bonuses For Using Cryptocurrency?

    Some online betting sites provide punters with bonuses exclusive to cryptocurrency deposits. This is not a common practice, and sites that offer such promotions are usually new to the crypto gambling industry.

    What Other Crypto Currencies Do Online Bookmakers Accept?

    In addition to the popular Bitcoin, online bookmakers accept other cryptos, such as Ethereum, Litecoin, Dogecoin, Bitcoin Dash, Monero, and many more.

    Is It Possible To Bet On Esports In Crypto Betting Sites?

    Yes, many online sites provide esports betting options. If a betting site accepts cryptos and offers esports, you can wager on them using your crypto coins.

    Are There Any Deposit And Withdrawal Limits When Using Crypto?

    Online betting sites usually have deposit and withdrawal limits to control how much comes in and gets out. The specific limits differ from one betting site to the other.

    Yordan Spasov
    Gambling Guru
    Yordan is a lifelong sports fan and betting expert with more than 10 years of experience in the industry. He covers all aspects of iGaming and will help you find the best bets due to his unique insights and analysis. Enjoys night-long betting sessions, highly passionate about eSports and Basketball.
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