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Neil Roarty
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Hundreds of crypto betting sites have emerged recently, making the market incredibly competitive and hard to parse through. The top crypto betting companies are now providing more crypto bonuses and incentives in an effort to entice more gamblers and high rollers as a result of the increased competition.

Due to quick deposits and withdrawals, cheap fees, and a wider variety of games that can be played using Bitcoin and altcoins, crypto betting sportsbooks have grown more appealing. In today’s piece, we’ll take a closer look at some of the best crypto betting sites online, the pros and cons of each, the best bonuses available, and more.

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List of the Best Crypto Betting Sites

There are many offshore sportsbooks for bettors to choose from, but only a few stand out when it comes to crypto betting options. We’ve put together a list of the top crypto betting sites below to make your life easier and parse through the noise.

  1. Bodog – The best offshore crypto betting site
  2. Stake.com – Largest variety of sports crypto betting markets
  3. BetOnline – The easiest interface for navigation
  4. Xbet – Best crypto betting site for casinos with sportsbooks
  5. MyBookie – Top crypto betting site for reload bonuses
  6. Everygame – Top-rated customer service in crypto betting sites
  7. BetNow – Best mobile betting site in crypto betting
  8. BUSR – Best option for online horse racing
  9. SportsBetting.ag – Easy to use mobile betting site
  10. PowBet – Best Crypto Betting Casino

Reviews of the Best Crypto Betting Sites

With so many options available when it comes to crypto betting sites, we’ve put together seven of the very best available. Do keep in mind that all of the mentioned sites are offshore sportsbooks, meaning their servers are based outside of Canada and the United States.

1. Bodog – The best offshore crypto betting site

bodog

With over 25 years of expertise serving Canadian bettors, Bodog is one of the most renowned offshore crypto betting websites and an expert oddsmaker. Bodog likely provides what players are looking for and more, and with its slick design, extensive promotional offers, and some of the best odds in the world, Bodog has established itself as one of the top offshore online gambling sites. Sports bettors can take advantage of Bodog’s competitive odds, a broad range of props, and futures betting options, or even design their own special wagers.

In addition, Bodog has some great offers when it comes to crypto betting, both from a welcome bonus standpoint in beyond. Simply put, you can’t go wrong when using Bodog for your crypto betting needs.

Crypto Fees Min Deposit Max Deposit
Bitcoin $0 $10 $5,000
Bitcoin Cash $0 $10 $5,000

 

Pros:

  • No limit when withdrawing crypto
  • Mobile friendly
  • Strong customer service options

Cons:

  • $5,000 limit for depositing crypto
  • Can only withdraw to Bitcoin (in terms of crypto betting)

2. Stake.com – Features the largest variety of sports crypto betting markets

stake

Stake.com provides visitors with an excellent user experience with a well-designed website that is quick and simple to use and offers lots of betting action for both sportsbooks and casinos. Sports lovers of all shades may find coverage of UFC, baseball, soccer, tennis, basketball, football, and more in the Top Sports section.

A popular option amongst celebrities thanks to Stake’s aggressive marketing campaigns, they have also become one of the most reputable crypto betting solutions. Since many sports offer live streaming on Stake.com, you may also watch the action while keeping an eye on the in-play betting markets

Crypto Fees Min Deposit Max Deposit
Bitcoin $0 $5 No Max
Bitcoin Cash $0 $5 No Max
Dogecoin $0 $5 No Max
XRP $0 $5 No Max
LTC $0 $5 No Max
TRX $0 $5 No Max
USDT $0 $5 No Max

 

Pros:

  • Large variety of crypto betting options
  • Great reputation amongst players
  • Wide variety of betting market options

Cons:

  • No mobile betting
  • Limited information payout details

 

3. BetOnline – The easiest interface for navigation

betonline

BetOnline is a full-service betting site that offers bets on many different sports, including the NBA, NFL, NHL, MLB, and UFC. Whatever kind of wager you want to make, BetOnline makes it simple to do so with just one click while also showing your risk and potential profit, making everything extremely clear.

The BetOnline mobile app has a user interface that is second to none and is available on both iOS and Android. Additionally, we like BetOnline’s payment methods because they accept credit and debit cards, in addition to the most prominent cryptocurrencies. You can pay with Bitcoin, Bitcoin Cash, Litecoin, Ethereum, and Ripple with no deposit or withdrawal fees, making it a top-tier crypto betting option.

Crypto Fees Min Deposit Max Deposit
Bitcoin $0 $10 No Max
Bitcoin Cash $0 $10 No Max
0x $0 $10 No Max
Ethereum $0 $10 No Max
0x $0 $10 No Max

 

Pros:

  • Multiple crypto betting options available
  • Dedicated mobile app for iOS and Android

Cons:

  • No live streaming options
  • North America-focused betting options

 

4. Xbet – Best crypto betting site for casinos with sportsbooks

xbet

The focus of XBet.ag, a casino and sportsbook hybrid, is on American customers. best NFL, NHL, NBA, MLB, and more, along with a ton of soccer and overseas markets. No additional registration is needed to visit a casino that is powered by Betsoft for players, and you can use the 45-track racebook, casino, and sportsbook with just one XBet account.

It’s also terrific for crypto betting, as Bitcoin is the preferred option for rapid, fee-free transactions with some of the lowest limits available. It is also worth noting that XBet boasts 48-hour payment approvals. Xbet also offers some of the best bonuses and promotional opportunities online and is a must-stop for any crypto betting lover.

Crypto Fees Min Deposit Max Deposit
Bitcoin $0 $25 No Max

 

Pros:

  • Offers 48-hour (max) payouts
  • Great customer service
  • A full menu of North American sports

Cons:

  • Bitcoin-only crypto betting option
  • $100 minimum withdrawal for options other than Bitcoin

5. MyBookie – Top crypto betting site for reload bonuses

mybookie

For gamers who enjoy utilizing large bonus offers, MyBookie is among the top crypto betting sites on the internet. New customers at this sportsbook can get a sizeable bonus on their initial crypto deposit, with the amount varying over the course of the year. Even better, bettors at MyBookie can receive an unlimited amount of bonus cash as part of a reload bonus on any subsequent crypto deposits.

You can use the extra money to wager on more than 25 different sports leagues, as MyBookie offers coverage for all the main US sports leagues, as well as esports, horse racing, and other events. The offshore bookmaker also offers exceptional live betting coverage and constantly-changing prop bets for games that are already in progress.

It is worth mentioning that compared to some crypto betting sites, MyBookie is rather constrained in terms of the variety of cryptocurrencies they can deposit. Currently, only Bitcoin, Ethereum, Litecoin, and Bitcoin Cash are accepted at the sportsbook, but even still, those options offer deposits and withdrawals that are quick and simple.

Crypto Fees Min Deposit Max Deposit
Bitcoin $0 $50 No Max
Bitcoin Cash $0 $50 No Max
Litecoin $0 $50 No Max
Ethereum $0 $50 No Max

 

Pros:

  • Top reload bonuses in crypto betting
  • Great selection of live betting
  • Fast withdrawals

Cons:

  • Limited in the variety of cryptocurrencies offered
  • No live streaming

6. Everygame – Top-rated customer service in crypto betting sites

everygame

The first online sportsbook to launch on the internet, Everygame, set the path for many of the sportsbooks we see today. In the pre-internet era and undoubtedly before online gambling became a thing, Everygame was founded in 1983. At the time, individuals had to call their bookies to place bets because phone betting was prominent across North America. The first online sports bet is thought to have been made at Everygame by a Finnish bettor in January 1996, shortly after the advent of the internet.

Everygame was the first sportsbook to offer a mobile betting site in the year 2000, and in more ways than one, many sportsbooks have followed in their footsteps, attempting to imitate the Everygame experience. Because of their early entrance to the scene, the Everygame mobile experience is second to none, as is their customer service which is world-renowned. With one of the best reputations in the world as far as sports betting goes at large, their crypto betting options have also evolved.

Crypto Fees Min Deposit Max Deposit
Bitcoin $0 $20 No Max
Bitcoin Cash $0 $20 No Max
Litecoin $0 $20 No Max

 

Pros:

  • Fantastic mobile betting app
  • World-class customer service
  • Long-standing reputable brand

Cons:

  • Limited in terms of cryptocurrencies offered
  • The live betting interface could use an upgrade
  • No live streaming

7. BetNow – Best mobile betting site in crypto betting

betnow

Although BetNow was only founded in 2015, they already have a devoted following and a fantastic product that can compete with the older, more reputable sportsbooks. With a strong emphasis on North American sports and outstanding sports betting bonuses with reasonable rollover conditions, BetNow provides tremendous value for Canadian customers. You can discover excellent value betting on the BetNow sportsbook, as well, whether you intend to bet frequently or only occasionally.

We think BetNow is a fantastic option if you’re from the United States or Canada, however, you probably won’t like this sportsbook if you want to wager on any lesser-known European or Asian sports outside of North America. As you might assume, BetNow also offers crypto betting options such as Bitcoin and Bitcoin cash, though they are limited in terms of Ethereum or other Alt Coins.

Crypto Fees Min Deposit Max Deposit
Bitcoin $0 $20 No Max
Bitcoin Cash $0 $20 No Max

 

Pros:

  • Offers CashApp withdrawals
  • Great mobile website
  • Wide variety of odds markets available

Cons:

  • Only Bitcoin and Bitcoin Cash in terms of crypto betting
  • Limited options for betting on leagues outside of North America

8. BUSR – Best option for online horse racing

busr

BUSR, formerly known as BetUSRacing, is a legally recognized gaming enterprise in Canada. They have been given a permit to function by the Curaçao eGaming Authority, and the bookmaker also has a Costa Rican Customer Service Team in addition to offices around Central America. BUSR has been governed by a group of people involved in both off-track betting and online gambling since 1998, and comes in as one of the most reputable offshore options online.

BUSR was previously known as BetUSRacing and has recently undergone a revamp and relaunch as BUSR. It has made a name for itself as a well-known and trustworthy online casino, which is a  US-based online casino that has joined forces with Betsoft Gaming have joined forces.

At BUSR, bettors can wager on a variety of sports in addition to horse racing, which it is best known for. Major sporting events including the Masters, Wimbledon, and soccer are all available for betting by members, and there are also entertainment sections with information on the Oscars and political developments. Additionally, BUSR offers an online casino and a live dealer casino. Unfortunately, at this time, BUSR does not offer a crypto betting option.

Pros:

  • Customizable prop builder
  • Great customer support
  • Robust live betting options

Cons:

  • No crypto betting options
  • Not a lot of unique league markets available

9. SportsBetting.ag– Easy to use mobile betting site

sportsbettingag

A fully registered online casino known as Sportsbetting.ag serves as a link between legitimate sports betting sites and online sportsbooks. The players are able to begin betting on a wide range of possibilities, including NFL games during each season, live sports betting on the most prominent sports, online poker, Aussie rules football, video slots, live dealer casino gaming, and many more.

Mobile sports betting is also offered, a feature they have had for some time and really nailed. It is lag-free to use the mobile betting site thanks to the plain, clean design of the website for mobile compatibility. An excellent user experience starts with an online sportsbook that is speedy and extremely responsive.

Casino bonuses like the Jokers Wild Double Bonus, free play bonuses, free bets, welcome bonuses, high roller bonuses, sign-up bonuses, match bonuses, reload bonuses, promo code-based incentives, and other added bonuses make Sportsbook.ag one of the best options if looking for bonuses.  It is worth noting that only bitcoin is offered in terms of crypto betting deposit methods.

Crypto Fees Min Deposit Max Deposit
Bitcoin $0 $20 No Max

 

Pros:

  • Robust casino game options
  • Live dealers for casino games
  • High limits for sports bets

Cons:

  • Only Bitcoin is offered as far as crypto betting
  • A very basic-looking interface

10. PowBet – Best Crypto Betting Casino

powbet

Powbet covers all the bases despite being a new online gambling establishment compared to some of the websites we’ve covered today. With excellent customer service, a sizable sportsbook, great games, and significant incentives, Powbet and despite having a few oddities, it’s still a reliable gambling service in general.

Powbet offers everything an online casino fan could ask for including the best slot games around, a sizable selection of live dealer games, and RNG table games. Additionally, there are more than 30 well-known sports in their sportsbook. More than a dozen different banking options, including credit cards, e-Wallets, and cryptocurrencies, are available to players at Powbet. Although their payout times are a little slower than the industry standard, their banking alternatives generally impressed me.

Whether you’re a seasoned player or a novice beginner, Powbet has a bonus for you. There are benefits for everyone at Powbet, including welcome bonuses, reload promotions and slot tournaments. Powbet offers live chat, email help, and phone assistance, which are all excellent forms of customer care. Their staff members are friendly and always willing to assist.

Crypto Fees Min Deposit Max Deposit
Bitcoin $0 $20 $10,000
Ethereum $0 $20  $10,000
Ripple $0 $20  $10,000
Litecoin $0 $20  $10,000

 

Pros:

  • A huge selection of bonuses offered
  • Multiple options for crypto betting
  • Wide variety of eSports betting

Cons:

  • Slow payout times compared to other crypto betting websites
  • Very basic looking interface

FAQs about Crypto Sports Betting

What is crypto betting?

Is crypto betting legal in Canada?

Can you bet with crypto?

What is the best crypto betting site?

What crypto wallet can I use for betting?

Is it safe to place sports bets with crypto?

How do I buy crypto for online betting?

Comparison of the Best Crypto Betting Sites

There is no shortage of crypto betting sites to choose from out there, and just like everything, some are better than others. Whether it be crypto bonuses, bonus codes, a variety of sports, or a variety of payment options, we’ve taken a deep dive to find the best options for you. Let’s take a closer look at how our best crypto-betting sites compare to one another.

 

Sportsbook Crypto Bonus Bonus Code Sports to bet on Crypto Deposits Accepted Crypto Withdrawals Available
Bodog 100% match of Bitcoin deposit ($300 max) INSIDERS 24 Bitcoin, Bitcoin Cash Bitcoin, Bitcoin Cash
Stake.com None INSIDERS 35 Bitcoin, Ethereum, Litecoin, Bitcoin Cash, DOGE, XRP, TRX, EOS Bitcoin, Ethereum, Litecoin, Bitcoin Cash, DOGE, XRP, TRX, EOS
BetOnline 100% deposit match INSIDERS 38 Bitcoin, Ethereum, Litecoin Bitcoin, Ethereum, Litecoin
XBet 100% deposit match up to $500 INSIDERS 16 Bitcoin, Ethereum, Litecoin, Bitcoin Cash Bitcoin, Ethereum, Litecoin, Bitcoin Cash
MyBookie 100% deposit match up to $1,000 INSIDERS 16 Bitcoin, Ethereum, Litecoin, Bitcoin Cash Bitcoin, Ethereum, Litecoin, Bitcoin Cash
Everygame 100% deposit match up to $500 INSIDERS 20 Bitcoin, Bitcoin Cash, Litecoin Bitcoin, Bitcoin Cash, Litecoin
BetNow 100% deposit match up to $450 INSIDERS 20 Bitcoin, Bitcoin Cash Bitcoin, Bitcoin Cash
Sportbook.ag None INSIDERS 25 Bitcoin Bitcoin
PowBet None INSIDERS 30 Bitcoin, Ripple, Ethereum, Litecoin Bitcoin, Ripple, Ethereum, Litecoin

 

Our Criteria for Choosing a Top Crypto Betting Site

When it comes to the top crypto betting sites in the world, there were a few key factors we were sure to take into account in look at each site. From payment options, variety of bonuses and promotions, sports to bet on, safety and security, and customer support, we took everything into account as real sports bettors ourselves. Let’s take a closer at a few of those criteria in a bit more detail.

Crypto Payment Options

Whether it be with Bitcoin, Bitcoin Cash, or another form of cryptocurrency, sportsbooks offering a wide variety of crypto payment options were what we took a look at. For most, Bitcoin was the primary option noted, but others offer a variety of altcoins. While the minimum deposit requirements varied, all of them were completely free to both deposit and withdrawal with crypto.

Crypto Bonuses & Promotions

With crypto betting being a relatively new option for sportsbooks, there are tons of crypto bonuses and promotions to parse through as each is competing with the other. As part of our analysis of the best crypto betting websites, we’ve taken into account everything from sign-up bonuses, to deposit bonuses and more. With all bonuses and promotions, it’s important to be aware of the terms and conditions you are signing off on when taking the free credits.

Choice of Sports & Bets

With all of the crypto betting websites being offshore, the variety of sports and betting markets offered was a critical component of our analysis. Even within sports, some crypto betting sites offer leagues that others do not. Be sure that the crypto betting website you go with offers the leagues (and sports) that you are interested in betting.

Safety & Security

Above all else, you have nothing if you don’t have safety and security when depositing money onto a crypto betting site. Our research included in-depth safety and security checks, making sure the crypto betting site recommended is reputable and safe to transact with. While you’ll have to do your own research on the sites used to buy your crypto up front, the sites mentioned here have a proven track record of safety and security.

Customer Support

When it comes to online sportsbooks, customer support has been known to be shawty over the years at best. Especially with something as new as crypto betting sites, customer support quality was key in our analysis of the top crypto betting options on the market today.

Is it Legal to Bet with Crypto in Canada?

In Canada, cryptocurrencies are accepted as legal tender in all provinces, making it possible for anybody to buy them. Although it is not accepted as legal tender, it is still legal to transact with crypto online in Canada.

All 10 Canadian jurisdictions do, however, impose varied limitations on cryptocurrency gaming while still recognizing it as legal. Additionally, each province has a different age restriction for cryptocurrency-based online gambling. For instance, the minimum age for participation in cryptocurrency gaming is 18 years old in Quebec, Manitoba, and Alberta, while it is 19 years or older in the other provinces.

If deciding to bet on sports via crypto betting, it’s important to be aware of the cryptocurrencies volatility at the point of buying and selling. Once your crypto is transferred onto the crypto betting website you choose, it will be turned into CAD or USD right away.

Is it Safe to use Crypto at Betting Sites?

The biggest risk when using crypto at betting sites is the volatility of the cryptocurrency in the time from purchasing it and depositing it on the site, and the time between withdrawing it and converting it back to USD. As we have seen especially this year, the prices of cryptocurrency vary wildly, changing every minute of the day. Unlike CAD, you don’t know the exact value you will have deposited onto your betting site until the deposit goes through.

As far as security on the crypto betting site itself, all of the options noted in our list have been vetted for the highest levels of security. The big advantages of crypto betting come around the speed and cost of the transaction, which in almost all cases, is fast and free.

How to Use Crypto for Sports Betting

If you never bet on sports and or worked with crypto before, starting your crypto betting journey can be a challenging one. With your hard-earned money on the line should you misstep, you’ll want to be sure you are following all the proper steps. Today, we lay out step by step how to get a crypto wallet, convert your money into Crypto, place your bets, and more.

Create a Crypto Wallet

Before being able to bet with crypto, you have to first purchase the cryptocurrency using a third-party crypto wallet. One of the easiest and most reputable, Coinbase is a good crypto wallet for those just getting started.

Coinbase sign up 1

Purchase CryptoOnce your Coinbase account is set up, it’s now time to buy your cryptocurrency. Depending on which cryptocurrency you are choosing to purchase (and your crypto betting site accepts), select the amount you want to buy.

Coinbase buy crypto 1

Once you have previewed the buy, purchase the cryptocurrency. It will now be sitting in your crypto wallet ready for trading.

Sign Up for Crypto Betting Website

Bodog signup step

Send Crypto to Crypto Betting Website

Navigate to your sportsbook’s crypto deposit page to get the right address to send your funds.
bodog crypto deposit step
From your crypto wallet, send your crypto to the address provided on the sportsbook’s deposit page. Be SURE you are sending it to the right address before hitting send, as it will be unrecoverable should you make a mistake.

coinbase crypto send

Place Wager

Now that you have your crypto in your sportsbook account, it’s time to place your wager.

bodog wage place

How to Withdraw Crypto from Sports Betting Sites

Once you are ready to cash out, head to your sportsbook’s crypto withdrawal page to disperse your winnings back to your crypto wallet.
Bodog withdrawal

Crypto Payment Method Options for Sports Betting

The quickest and safest method of funding your account for crypto gaming betting is crypto payment methods. Blockchain technology is used by Bitcoin and other altcoins to guarantee safe transactions, as when you make a bitcoin payment, the blockchain is updated with a fresh passcode. Identity thieves will find it incredibly challenging to steal your code thanks to this approach. Cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, and others are all accepted at online casinos and crypto betting sites. Payouts take place within hours while deposits are made instantly.

Due to the quickness and low cost of transactions, cryptocurrencies are the increasingly preferred deposit option for online casinos and sportsbooks. So when you deposit using crypto, there are almost never fees to pay. In fact, you might even be eligible for bonuses tailored to cryptocurrencies! Let’s take a look at a few of the most popular cryptocurrencies used for crypto betting.

Bitcoin

By far the most common cryptocurrency used for crypto betting is Bitcoin (BTC). Completely decentralized, Bitcoin operates without regulation (for better or worse), using a network of peers that rely on each other instead of a central authority.

As such, each transaction is recorded on a ledger for all to see, and a copy of that ledger is stored on servers across the globe mining for bitcoin. Anyone with a computer can mine for bitcoin, making it the most used form of “digital money.” It’s also worth noting that there will only ever be 21 million bitcoin mined, making it the most scarce of the cryptocurrencies.

Bitcoin Cash

Unlike Bitcoin (BTC), Bitcoin Cash (BCH) uses something called “proof of work”, which is faster and cheaper to operate and produce than its predecessor Bitcoin. A completely different system entirely, BCH did come from Bitcoin originally, but now has its own exchange and value that fluctuates non-correlated with BTC.

Websites such as PayPal transact BCH, and it’s more commonly used with brick-and-mortar stores than BTC is today.

Litecoin

In order to carry out cryptocurrency transactions swiftly and affordably, Litecoin (LTC) was introduced in 2011. One of the first altcoins—a word used to describe all cryptocurrencies other than the market leader Bitcoin—it was created using a copy of the source code for Bitcoin. Early on, Litecoin frequently held the second-largest cryptocurrency market cap. Those looking for an affordable Bitcoin substitute frequently use Litecoin because of how close it is to Bitcoin.

Dogecoin

In 2013, Dogecoin (DOGE) was developed as a fun alternative to established cryptocurrencies like Bitcoin. The Shiba Inu emblem and moniker are based on a meme. Dogecoin is purposely abundant in contrast to Bitcoin, which was created to be scarce. Its supply is unlimited, and 10,000 new coins are mined every minute. For crypto betting purposes, Dogecoin is amongst the most rarely accepted cryptocurrencies.

Ethereum

Decentralized blockchain-based software with smart contract capability is called Ethereum. Open-source Ethereum is largely used to support Ether, the second-largest cryptocurrency in the world. The smart contracts and applications created on Ethereum’s blockchain are able to function properly without any fraud, downtime, control, or outside influence. The main cryptocurrency for NFTs, ETH is now widely accepted by crypto betting websites.

Crypto Betting – Popular Sports to Bet on

When it comes to crypto betting, the sports you love to bet on are available just as they would be in traditional currency betting. As you’ll find at every sportsbook on our list, there is no shortage of available options when it comes to picking which sports to bet on. Let’s take a closer look at some of the sports, and types of bets you can make for each, once your crypto is deposited on your crypto betting site of choice.

NBA Betting with Crypto

In addition to betting on sides and totals, NBA betting allows for unique options such as quarter betting and which player will score the first basket. When it comes to player props, you can also get creative by betting on over or under players will score a points + assists + rebounds number. With all NBA betting, knowing who is in the lineup every night is critical, as veterans especially are known to take nights off.

NFL Betting with Crypto

Amongst the most popular sports to bet on in the world, NFL betting with crypto is king across most of the sportsbooks we have recommended that serve the United States as well. Increasingly popular internationally, NFL betting offers a robust menu of player props in addition to team props such as the number of points scored down to the quarter. Of the sportsbooks we recommend, XBet is amongst the best when it comes to NFL betting.

NHL Betting with Crypto

While almost all of the crypto betting websites we recommended offer a plethora of NHL betting markets, BetOnline sits atop the list as far as the best odds. Unique to the NHL, bettors can wager on things such as when exactly a goal will be scored, shots on goal, goalie props, and other prop bet markets. This, of course, is in addition to the puck line which simply is the spread (+/- 1.5).

MLB Betting with Crypto

No market is more active during the summer than MLB betting, often using crypto. With the most games of any league, the MLB betting market is one of the most robust of all sports and offers a handful of unique options. One that comes to mind is over/under the number of strikeouts by each starting pitcher.

NCAA Football Betting with Crypto

As soon as they are posted in June, NCAAF football betting markets get hit heavily by professional sports bettors who have their own numbers already made. With so much emphasis placed on regular seasons, NCAA football future betting also tends to be an active market as teams are constantly playing themselves into (and out of) contention for the college football

NCAA Basketball Betting with Crypto

Even though it starts the first week of November, NCAA basketball betting dominates the month of March. One of the more popular markets unique to NCAA basketball is the Race to X Points, in which you are betting on one team to score X points first. Ranging from 10-15-20-25 points, you can make this bet separately for both the first and second halves.

Horse Racing Betting with Crypto

When it comes to the crypto betting sites we have recommended, MyBookie.ag is the best when it comes to horse race betting. In addition to the big races such as the Kentucky Derby or Preakness, My Bookie also offers regular off-track-betting (OTB) options for bettors.

UFC Betting with Crypto

Stake.com is the premiere crypto betting website when it comes to UFC betting, as they offer plenty of action on nearly every single fight card. Sponsoring major fighters such as Israel Adesanya, Stake.com offers a plethora of UFC markets within their UFC betting page such as round props and exactly when fights will finish. When it comes to UFC betting, make sure to check out a top UFC prediction website if you are looking for free UFC picks.

Soccer Betting with Crypto

Whether it be the 2022 World Cup or professional leagues across the world, soccer betting with crypto is never short of options. As the best and biggest of the crypto betting options discussed today, Bodog has the widest variety of soccer betting markets, offering everything from goal spreads to player props. Because they are all offshore, every crypto betting site we mentioned today offers some sort of crypto betting option.

DFS Betting with Crypto

While none of the websites we discussed today offer DFS betting with crypto betting, there are options available out there. Do tread lightly, however, as the aforementioned risks with the volatility of cryptocurrencies will be on full display as DFS typically requires more transactions than your typical sports betting ventures.

Other Sports Betting Options

The sports we’ve touched thus far are the most popular amongst crypto betting enthusiasts, but there are plenty more markets to choose from. Increasing in popularity with an increasing number of markets, golf betting has exploded onto the scene.

Because the crypto betting market is primarily based offshore, international tennis betting is also popular. It’s not just UFC betting that is popular among combat sports fans either, as boxing is also a popular sport when it comes to crypto betting.

Popular Crypto Betting Markets

As you begin your crypto betting journey, there are a few key betting concepts that you will want to be familiar with. Whether you are betting $5 or $5,000, the betting market terms are the same and can make all the difference when it comes to be a winner or loser long term. Let’s take a closer look at a few of those key terms.

Moneyline

Whether it be NFL betting, NBA betting, or UFC betting, the moneyline is the most basic of crypto betting terms. When betting on the moneyline, you are simply betting on one side to win, at varying odds depending on which side you are betting on. If there is a negative (-) next to their number, that means they are the favorite (lower payouts if they win), while a positive (+) indicates the underdog (higher payout if they win).

Spread

When it comes to crypto betting, a spread is the number of points oddsmakers are expecting one team to win by. Similar to a money line, the negative (-) number means that the favorite is expected to win by that many points. If they win by more than that number, they win the bet, while if they don’t the underdog wins the bet. Unlike the moneyline, both sides of the spread payout the same almost every time.

Total

Also known as the over/under, the total is a number set by oddsmakers that are supposed to be the total score (combined points) from both teams. For example, if the score of a game is 24-23 in an NFL betting scenario, the total for that game lands on 47. If the predetermined total was 45, this bet would have gone “over” the total.

Props

The best way to think about props are the game within the game. In NBA betting, for example, almost every player that sees the floor has player props assigned to them such as the number of points or assists they will score. By betting props, you are betting on individual players to perform better or worse than the market expects.

Futures

Just as the type of bet sounds, futures imply you are betting on something that will happen in the future. Often opening well in advance of a given season, futures markets also are updated throughout each season as circumstances change across the league. With the rise of sports betting internationally, futures are now available on not just teams, but also individual player futures markets such as Heisman Trophy in NCAA football.

Parlays

When betting using parlays, you have to get at minimum two predictions right. The challenge is that if one loses, you lose your parlay. Additionally, the more teams involved in your parley, the higher the payout should they all hit. While the odds will vary on each leg of your parlay, the more underdogs involved, the higher the payout if it were to hit as well.

Live Betting

Unlike regular betting, live betting allows for wagering on a game once it has started. Mostly calculated using the pre-game numbers and adjusted via an algorithm, live betting can be extremely profitable for bettors who have the time to pay attention to a given game. Almost all sports now offer some sort of live betting, with NFL and NCAA football being amongst the most popular.

Other Betting Options for Crypto

While sports dominate the crypto betting scene, there are now other markets creeping up such as entertainment and politics. For those who like to gamble but aren’t into sports or casino games, the other betting options for crypto can be enticing. Let’s take a closer look at what is involved and included in this category.

Entertainment Crypto Betting

Primarily, entertainment crypto betting involves betting on popular pop culture award shows such as the Grammy Awards or Oscars. When betting on award shows such as the Oscar the markets offered often are related to certain categories such as who will win the Best Film of the Year.

The Grammys have also become popular to bet on in recent years, as music charts aren’t always indicative of who the award committee will select. Just like sports, there are entire industries built around the fans who support these entertainment award shows, and the rise of their markets has proven that to be the case.

Politics Crypto Betting

With many similarities to sports, politics has risen in popularity in the betting markets, particularly over the last handful of turbulent years. Everything from the midterm elections all the way up to the Presidency of every major country offers increasingly liquid markets for bettors to get in on.

While betting on individual candidates has become the most popular politics crypto betting market, you can also bet on which party (Democrat or Republican in the United States) will win. While the United States has so far led the way in political betting, other countries such as Canada and England have started to get in on the action with their own political cycles.

Bonuses Available at Crypto Betting Sites

With the rise of crypto betting, websites across the world are doing their best to entice crypto enthusiasts to deposit their money via cryptocurrencies. One of the ways to incentivize bettors to do so is to offer bonuses and free bets for those who do.

But what’s the difference between match deposit bonuses, no deposit bonuses, and free bets? Let’s take a closer look at each and how you can best take advantage of the tremendous offers some of these crypto betting sites are offering to both new and existing users.

Matched Deposit Bonuses

When players make deposits into their sportsbook accounts, they are given a crypto bonus called a crypto matched deposit. Players receive a promotion from the sportsbook website that, up to a predetermined percentage, matches the amount they deposit. If the site, for instance, is providing a 100% match bonus of up to $200, they will give you an additional $200 to spend if you make a $200 deposit. Thereafter, your entire bankroll will be $400.

As with any offer that sounds too good to be true, it is important to understand the terms and conditions such as will the match be in actual currency or site credit. If the latter, you will have to wager the credit (and win) in order for it to be converted to the real currency that is withdrawable.

No Deposit Bonuses

A certain sum of money that is credited to the user’s account for taking a particular activity is known as a no-deposit bonus. You can use it however you see fit, such as placing several bets or even using it in their casino.

Customers can practice gambling in the gaming room, play for real money without making any deposits, and determine whether the platform is actually worth their time. Although receiving a free incentive seems appealing, you must first make a deposit in order to withdraw it. Oftentimes, you will also then need to meet the wager requirements.

Free Bets

Free bets are marketing incentives offered by sportsbooks to customers in the form of “tokens” or “bonuses” for a set sum of money, with the sportsbook covering the bet stake. Free bets aren’t just available to new players, either, as sportsbooks may occasionally offer free bet credits as a reward for loyal customers.

Free bet credits usually come in small amounts ($10–$25). Additionally, since you only receive the bet’s profit if you win, free bets are fundamentally inferior than cash bets. A $25 free bet on +100 odds, for instance, would only result in a payment of $25 profit rather than $50 ($25 risk + $25 profit).

Advantages of Crypto Betting Sites

While the volatility of cryptocurrencies may keep some away from using crypto betting sites, there are a number of advantages that crypto betting sites offer. In addition to the typically wider variety of sports available to bet on, there are some other factors to consider that make crypto betting sites advantageous to traditional ones.

Anonymous Transactions

The fact that cryptocurrency betting is completely anonymous is a big advantage to some who wish to keep their transactions private and out of traditional banking. Crypto betting is the best option if you want to keep your gambling habits a secret from others. Using conventional payment methods, like bank transfers or credit cards, connects the transaction to your identity.

By using cryptocurrencies, however, no one will be able to identify you based on your trades. Because of this, it is the finest strategy for undercover betting.

Faster Transactions

A gaming transaction may usually be processed by the majority of banks and online payment processors in within five business days. This choice might not be realistic, though, if you need to get your bets in right away. The good news is that bitcoin transactions go quickly, particularly when little money is exchanged. Therefore, the quickest and most preferred withdrawal method at online bookmakers is cryptocurrency. However, because certain betting sites manually process transactions for security concerns, withdrawal timeframes may be extended by betting sites.

The minimum deposit amount with online bookmakers is frequently $10, and depending on the terms and payment method, the maximum withdrawal is limited to $10,000 every day, week, or month. The majority of crypto gaming transactions, however, need a $5 minimum deposit, with deposit limits not even noting a max on most crypto betting sites.

Free Transactions

The most user-friendly betting sites use cryptocurrency, especially for players from nations where gambling is illegal. They can still take advantage of all the advantages and visit online bookmakers using bitcoins in a secure manner. On the other hand, typical online betting companies prohibit such conduct because the majority of them only accept users from specific geographical areas.

Processing your winnings is also simpler because Bitcoin users can quickly and easily access their money anywhere in the world. The straw that breaks the camel’s back for most gamblers, however, is the additional fees and levies that players must pay while using conventional online betting services. Those don’t exist in crypto betting.

Bonuses and Promotions

Cryptocurrency betting platforms offer abundant bonuses and promotions which is a major benefit of using crypto betting services that is occasionally disregarded. Traditional gaming sites offer incentives that are nearly twice as much for winnings up to several hundred dollars in free money.

The top crypto betting sites, many of which we have covered here today, also frequently conduct promotions to entice non-crypto enthusiasts to their websites and applications. While many are for new users, once you sign up, keep an eye on crypto betting-related promotions that are ongoing.

What are the Best Crypto eWallets for Sports Betting?

Before making wagers with crypto, you first have to buy the cryptocurrency you are going to deposit onto the sportsbooks. Whether it be Bitcoin, Bitcoin Cash, or others, there are numerous crypto eWallets to choose from. Let’s take a closer look at a few of the very best.

eToro

With a low, flat charge of 1% per transaction, eToro makes it simple to purchase and sell bitcoins. That is not only one of the most straightforward price structures of any cryptocurrency exchange, but it is also among the lowest costs in the market. At eToro, neither account fees nor deposit fees apply.

Mycelium

Mycelium has existed for a very long time. It was among the first mobile bitcoin wallets, and it’s still a hit among users. It can be downloaded for free and works with both Android and iOS smartphones. The fact that Mycelium doesn’t have the most user-friendly interface is one of its drawbacks., so people who are unfamiliar with utilizing Bitcoin for sports betting may be put off by this.

BRD

A smartphone application, both Android and iOS can download for free. Additionally, it is user-friendly, making it ideal for those who are just starting to utilize Bitcoin for sports betting. This wallet doesn’t run on a third-party server, in contrast to cloud-based services. On your phone, it is a standalone app that connects to the BTC network at your command, which adds to the security.

Electrum.org

There are desktop and smartphone apps for Electrum, which on your desktop or laptop, you can download and install it or save it to your mobile device (Android or iOS). Those whose privacy is a primary consideration have long favored this wallet, as you can build numerous wallets, encrypt the private keys, and split permission using the multi-sig capability.

Online Crypto Betting dApps

While everyone is focused on how cryptocurrencies can make people rich suddenly, they have overlooked one important point: the technology of blockchain that is the driving force for cryptocurrencies. Because of the rise of cryptocurrencies, online casinos now have a strong competitor in the form of cryptocurrency sports betting dApps. But what exactly are they?

What are Crypto Betting dApps?

Decentralized Applications, or formerly known as DApps, are one of the technologies that blockchain enables, extending far beyond its ability to connect to digital currency into all the other kinds of technology. It operates on decentralized peer-to-peer blockchain networks and can be used in the majority of practical ways much like any other software application. It may also be based on a gaming website or mobile application, specifically for things such as crypto betting.

These online crypto sports betting dApps vary from regular apps in that they cannot be killed and have no single point of failure. Additionally, the “D” in DApps, which stands for decentralization, has the ability to perform all operations and data with the aid of distributed blockchain networks of computers or nodes, which indicates that it operates on a blockchain network system rather than on a centralized server. The digitalization of the crypto sports betting market is currently causing it to expand quickly, and in several important sports, the crypto betting market is currently booming and raking in millions of dollars.

The Best Crypto Betting dApps

Gambling-focused decentralized apps (dApps) are the end product of backend programming, which utilizes a decentralized network as opposed to a centralized server. For data storage and smart contracts for the functionality of their apps, they frequently employ the Ethereum blockchain.

The idea of a smart contract is nothing more than a set of guidelines that are recorded on the blockchain for everyone to see and follow. For instance, a vending machine will offer the requested item if it is given enough money and the proper choice is made. Smart contracts can keep money and enable the mediation of agreements and transactions using code, much like the example of vending machines.

The DApps cannot be altered once they have been deployed on the network. The fact that gambling DApp games like horse racing, blackjack, roulette, poker, football, craps, and many more are decentralized, or regulated by the logic outlined in the contract, is one of the biggest advantages of these games.DApps were developed to address issues with software products, such as web outages, security flaws, bugs, and other errors.

Below are some of the best examples of crypto betting dApps available today.

  1. BetFury
  2. Overtime Markets
  3. SportBet
  4. BetHash
  5. Dexsport

Sports Betting Glossary

Make sure you are familiar with the usual betting lingo before beginning your journey into crypto betting. There are numerous ways to wager on sports, and this helpful sports betting glossary can assist you in understanding some of the most common terms used in the industry. Let’s dive in.

Money Line

This is simply who is going to win particular games at what odds. As an example, Boston is labeled as the -200 favorite versus Houston on the money line, you would have to wager $200 on Boston in order to win $100 betting on that side. If Houston wins as a +200 underdog, a $100 wager would net $200.

Outright

Choosing one participant to win a sporting event outright is a common betting strategy. This technique of sports betting is frequently utilized to place bets on golf tournaments, auto races, and title fights.

Prop Bet

Prop bets allow you to wager on results other than the game’s ultimate score and frequently center on the performance of certain players. How many touchdowns a running back will score or how many three-pointers a basketball star will make are two examples of common sports prop bets.

Against the Spread

The best approach to wager throughout football or basketball season is against the spread. In a game where Seattle is given a 7.5-point advantage against Los Angeles, the home team needs to win by at least 8 points to cover the spread. Losing by seven points or less, or winning outright, will allow LA to cover the spread.

Push

The outcome of a game is a “tie” if neither team can cover the spread. No team covers the spread and all bets are returned if Pittsburgh wins the game against Washington with a final score of 27-24 while closing as a three-point favorite.

Teaser

With this unique wager, you can change the football or basketball point spread. You can utilize a six-point teaser to reduce each team to a -1 favorite and only need two points to cover the spread if your two favorite football teams are seven-point favorites and you are unclear if they will cover their spreads. The benefit and risks are both smaller.

Parlay

In a parlay, two or more teams are combined into a single wager, and since every team must triumph, the payoff is bigger but the danger is also higher. If all four teams win, a $100 wager on a four-team parlay at 11-1 odds would pay out $1,100. The wager, however, is a loser if only three sides triumph.

Over/Under (Total)

Bet along with your preferred basketball or football (or baseball, soccer, etc) team by making one of these wagers on the over/under. You can place a bet on whether you believe the final score will be above or under 200 if a sportsbook sets the Over/Under for a game between New Orleans and New York at 200.

Futures

You are not only able to wager on games that are now taking place, but you can place a wager on sports results that will occur months from now using futures bets. You may still make a futures wager on which club will win each conference even if the basketball season has just started.

The Best Crypto Betting Site for Canada

In looking at all of the aspects of a crypto betting site to consider when registering for a new account, Bodog sits atop our list. With only $10 minimum deposits with Bitcoin and Bitcoin Cash, anyone can get started right away, with near-instant transaction speed. Should you build your bankroll up high, there is no limit on how much, or how often, you can withdraw when it comes to their crypto betting rules.

Bodog also offers a robust mobile betting experience, for those looking to place their sports bets on the go. They also feature some of the strongest customer service options in the crypto betting market today. All things considered, there is no better place to start your crypto betting experience than Bodog in all of Canada.

Neil Roarty

Neil Roarty is a gambling industry veteran with over 15 years experience writing and editing in both Europe and North America. He is a regular speaker at gambling conferences and appears as an author in many industry publications.

Crypto Betting Guide for 2023 – Claim Huge Bonuses at Top Crypto Sports Betting Sites
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