Bitcoin Betting Sites

Bitcoin is a cryptocurrency which has seen a huge rise in popularity over the past few years and is now an accepted payment method with some betting sites.

Each Bitcoin is basically a computer file. Each Bitcoin is stored in a 'digital wallet', either on a computer or on your smartphone. People are able to send Bitcoins to each other, with each transaction recorded in a public list called the blockchain.

Some have been critical of Bitcoin for its use in illegal transactions, but for others, the most high-profile cryptocurrency right now has also been used as an investment, and as it becomes more mainstream, Bitcoin betting sites are growing in demand.
    Bitcoin Betting Facts
  • Bitcoin Betting Sites
  • Best Bitcoin Betting Sites
  • How to use Bitcoin for online betting
  • How to Deposit via Bitcoin
  • Which betting sites accept Bitcoin?
  • Bitcoin Free Bets
  • Bitcoin Promo Codes
  • History of Bitcoin
  • Bitcoin Betting FAQs

Best Bitcoin Betting Sites

With Bitcoin rising in popularity, the number of online bookmakers allowing the cryptocurrency as a payment method is certain to increase further in the coming months and years.

If you’re looking for the best betting sites accepting Bitcoin, our comparison tables provide you with an easy guide to the bookmakers where the cryptocurrency is currently accepted.

And if you are looking to bet with a cryptocurrency, there are alternatives to Bitcoin with the likes of Ethereum, LiteCoin and ZCash preferred by some. Again, our comparison tables will tell you which betting sites accept Bitcoin and other cryptocurrencies.

It is hard to pick out the best Bitcoin bookmaker sites as it is still a relatively new area. The number of online bookies that use Bitcoin continues to grow all the time, and new betting sites are going live every month. Our guides to betting sites with Bitcoin are regularly updated to show that.

Once you’ve found a betting site accepting Bitcoin, placing bets is quick and easy. Thanks to Bitcoin’s decentralized aspect, you do not have to worry about restrictions on your bets, and deposits and withdrawals are instant. Also with a Bitcoin betting site, you do not have to risk your personal details.
Bitcoin are becoming almost as accessible as any fiat currency. You can purchase coins on Bitcoin exchanges and you can accept Bitcoin as payment for services or products. Bitcoin betting is on the rise and the number of Bitcoin betting sites will only grow.

As new sites emerge, we’ll tell you about them, and our guides to the best betting sites will in time continue to include more options for Bitcoin betting.

How to use Bitcoin for online betting

There are a growing number of services and merchants accepting Bitcoin all over the world, and Bitcoin betting is growing in popularly.

Some online bookmakers allow you to use the cryptocurrency for deposits and withdrawals to and from your betting accounts, plus you can also use Bitcoin to quickly transfer money to other account holders as well, should you need to do so.

There are a number of advantages to using Bitcoin for online betting. Firstly, it offers more privacy, and no personal information is attached to your Bitcoin wallet. As Bitcoin transactions do not require personal information, using this method for online betting (and online purchases in general) protect you from being at risk of identity theft.

Bitcoin betting is also quick, partly because transactions are much faster than traditional banking methods (meaning you’ll get any winnings paid out quickly). In addition, as Bitcoin betting is currency non-specific, it opens up the possibility for some punters of being able to bet at online sportsbooks that would otherwise be inaccessible.

There are a few disadvantages to using Bitcoin for betting as well, the main one being availability. The number of Bitcoin betting sites remains limited, but this will improve over time, and new betting sites open around the world seemingly every week!

Regulation issues may complicate matters for online betting in some countries, and of course, Bitcoin is also complicated more than some payment methods for online betting. It is likely that the majority of punters will always prefer to use traditional methods such as debit cards or bank transfer, or popular e-wallets such as PayPal.

That said, if you are a Bitcoin fan, once you’ve created a ‘Bitcoin wallet’ and know what you’re doing with it, linking it to a betting site accepting Bitcoin is straightforward enough.

How to Deposit via Bitcoin

Making a deposit with Bitcoin at an online bookmaker is straightforward. Just follow these steps:

  1. Log in to your bookmaker account.
  2. Go to the deposit page and select Bitcoin as your preferred payment method.
  3. Next, go back to your Bitcoin wallet (Coinbase, for example) and click on the ‘send/request’ page
  4. Enter the recipient’s address (this will be the address provided by the betting site when you selected Bitcoin as your payment method), then choose the amount of money you would like to deposit.
  5. Click on ‘Send Funds’.
You’re done!

The transaction is almost instant, so once you’ve seen the confirmation screen, the money transferred should be available in your betting account.

The withdrawal process is very similar if you're looking to return any winnings, but instead of using Coinbase (or any other Bitcoin wallet you prefer) to transfer to a betting site, you use it to request a withdrawal from your Bitcoin bookmaker of choose.

Which betting sites accept Bitcoin?

Bitcoin betting is increasingly in popularity, but not all betting sites accept the cryptocurrency as a payment method.

A number of new betting sites offer Bitcoin for deposits and withdrawals and the list of online bookmakers where you can bet with Bitcoin is increasing each month.

Our comparison tables and guides will give you information on every betting site accepting Bitcoin where you live. If there are no Bitcoin betting sites available, then simply use the available filters and you’ll be able to see the payment methods that are available at online bookies where you live.

Bitcoin Free Bets

Many online betting sites offers free bets – especially to new customers. As Bitcoin increases in popularity, free Bitcoin bets are becoming available as well.

As part of the registration process when signing up with a betting site, you may find that you need to enter a special promotion code in order to claim your free bet.

We’ll tell you if you do need to use a promo code to claim any free bets using Bitcoin or any other payment method, and our comparison tables are easy to use and highlight the online betting sites in your country offering free bets when you join and make a deposit.

In addition to new customer welcome bonuses, the best betting sites often make special offers available for both new and existing customers. These could be in the form of money back specials, big enhancements on specific events, and of course free bets. Some of these special offers, which are often only available for a short period of time, may require you to use a specific payment method, which may include Bitcoin.

If you’re looking for Bitcoin betting offers, our bookie specials page is updated every day and has all the information you need on the latest betting offers from online bookmakers!

Bitcoin Promo Codes

Some online bookmakers require you to enter a promotion code when you are signing up with them. This promo code can also be referred to as a bonus code, referral code, voucher code or coupon code, and is usually used in connection with a free bet offer, often for new customers.

As a rule, there is no requirement to enter a promotion code, but by omitting this stage of the registration process, you may miss out on free bets when joining a new betting site. The same applies if you’re looking to claim a special offer such as an enhancement on a sporting event – if you do not use the provided promo code, you risk missing out on the actual enhanced odds.

Some betting promo codes will only work if you are depositing with a particular payment methods, so if you’re looking for a free Bitcoin bet or offer linked to the cryptocurrency, our comparison tables can help you find betting sites which accept this (and other) payment methods.

There are several variations when it comes to free bet offers linked to Bitcoin promotion codes. If you’ve not yet done so, our guide to the different bonus types will provide you with all the information you need on each!

History of Bitcoin

Bitcoin is a cryptocurrency which was first released in 2009 and has seen huge growth in a short space of time. If you’re unfamiliar with how Bitcoin works, They are created as a reward for a process known as ‘mining’, and Bitcoins can be exchanged for other currencies, products, and services. 

Bitcoin has come in for some criticism due to its use in illegal transactions along with its high electricity consumption and price volatility, but it has also been used as an investment.

As Bitcoin becomes more mainstream, a number of betting sites have started to offer it as a payment method, and we’re also starting to see new betting sites which are Bitcoin only.

Bitcoin Betting FAQs

How do I place a Bitcoin bet?

Providing you have found a betting site accepting Bitcoin, the first step is to login and ensure you have selected the cryptocurrency as your preferred payment method. From there, go to your Bitcoin wallet (such as Coinbase) and click on the ‘send/request’ page.

Next, enter the recipient’s address (this will be the address provided by the betting site when you selected Bitcoin as your payment method) and choose the amount of money you would like to deposit. Finally, click on ‘Send Funds’ to complete the transaction.

Your account will then be funded and you can go ahead and place your bets with the online bookie you are betting with.

Which Bitcoin wallet is best?

Coinbase is widely seen as the best overall Bitcoin wallet. Other highly-rated Bitcoin wallets include Blockchain, Electrum, and Trezor.

How do I place a sports bet on Bitcoin?

To bet with Bitcoin, first you need to find a betting site accepting Bitcoin as a payment method.
Once you have done that, simply select the cryptocurrency as your preferred payment method and follow the instructions to fund your betting account. Once you have done that, you can go ahead and place your bets with your betting site of choice. If your bets win, the withdrawal process is much the same as depositing.