How to start betting with Bitcoin
- Quick guide to betting with Bitcoin
- Bitcoin betting sites growing in popularity
- Free BTC available at some online sportsbooks!
Cryptocurrencies such as Bitcoin have exploded over the past few years, enjoying a huge rise in popularity and becoming an accepted payment method with a growing number of online betting sites.
A Bitcoin is basically a computer file. Each Bitcoin is stored in a 'digital wallet', either on a computer or on your smartphone, and you can send Bitcoins to each other, or use them for online transactions.
Using Bitcoin may appear to be complicated at first, but cryptocurrencies are becoming more mainstream, and once you’re familiar it, you’ll probably find that using Bitcoin is quite straightforward, which is part of the reason you can find new BTC sportsbooks opening regularly.
With increased popularity in Bitcoin sportsbooks such as Sportsbet.io, and a growing demand for betting sites to accept a more varied range of payment methods than was the case to a few years ago, here’s a quick step-by-step guide to playing with crypto:
- First up, if you don’t already have a Crypto wallet, you need to open one. Many use Coinbase for this, which is widely seen as one of the quickest and easiest services to use. Alternatives such as Trust Wallet, Bitcoin Wallet and Bitpay Wallet are available.
- Once you’ve done that, head to your sportsbook of choice and top up your account by going to the Deposit/Banking section then topping up with up Bitcoin or whichever other cryptocurrency you wish to use.
- Start betting!
It’s a quick 1-2-3 guide, and we’re working on the assumption that you’ve already found a Bitcoin betting site to play at. If you haven’t, we have guides to the best Bitcoin betting sites here at FreeTips.com to help you find a Bitcoin bookmaker.
Once you’ve started placing your bets, withdrawing funds is similar to depositing, just in reverse, with winnings being returned to your crypto wallet.
BTC Betting Sites
As mentioned, Bitcoin betting sites are becoming more and more popular. Here's a guide to some of the options available to you, along with an outline of any welcome offers for new customers:
| Bitcoin Betting Site | Promo Code | Offer |
|---|---|---|
| 1xBet | NEWBONUS | 30% Extra Bonus. Deposit 100 EUR get 130 |
| 1xBit | NEWBONUS | Up to 7 BTC bonus |
| Betwinner | NEWBONUS | €130 Welcome Bonus |
| Linebet | NEWBONUS | Exclusive Deposit Bonus |
| Melbet | NEWBONUS | 100 EUR Bonus |
| PNXBet | NEWBONUS | 100% Welcome Bonus |
| Sportsbet.io | Exclusive BTC Rewards with 'The Clubhouse' |
We have hundreds of bookmakers reviews on our website, and you can expect to see more and more BTC betting sites added to the list in the coming weeks and months!
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