Bitcoin Betting Sites & Bookmakers

Cryptocurrencies are becoming an increasingly popular payment method for customers betting online. Bitcoin stands head and shoulders above others as the most popular of all with punters now able to wager directly using BTC.

While some bookmakers accept Bitcoin as a deposit method, many convert BTC value into an accepted currency to bet with. But others like 1xBit give you the chance to bet using Bitcoin without the need to transfer into an alternative currency.

The option of bookmakers accepting cryptos still remains niche, but it is a growing payment method that is booming worldwide. 

You can use the handy comparison table above to read about betting sites accepting Bitcoin and how you can deposit via your wallet. You will discover just how betting with Bitcoin works with each of them and be able to decide the bookmakers best suited to your needs.

New betting sites arriving to the market are specifically targeting Bitcoin betting. As one of the fastest-growing payment methods, it seems only right that you can begin to use it for your daily or weekly betting activity.

The fast deposit and withdrawal time of BTC makes it increasingly popular with no delays on payments to both bookmaker and the customer.

The choice of Bitcoin betting sites is growing each month and the list above shows the current options available. Choose from the options available and find out just how easy it is to bet online using your Bitcoin wallet.

Depositing into your betting account differs from bookmaker to bookmaker, but the process largely follows a similar process. Following the steps detailed below will allow you to transfer Bitcoin into betting funds: 

Bitcoin transactions are done instantly, so you should be able to bet using BTC within seconds of approving the transaction. 

Should you enjoy success with your betting, the reverse process of withdrawing funds will also be a smooth and swift process. You will be able to transfer money from your betting account to your Bitcoin wallet in seconds.

Bitcoin is still seen by many as a new way to pay for goods and services online, but there’s no doubt that using this and other similar cryptocurrencies provides customers with an extremely safe and secure method of sending and receiving money. Although new to many, some online betting sites available to UK bettors have been accepting BTC for several years now, and the list is growing.

In the United Kingdom, online betting is extremely well regulated, and online operators must hold a gambling commission licence in order to accept UK-based players. Those players can fund their betting account using any legal payment method (providing it is accepted by the online bookmaker in question), and some UK betting sites now accept Bitcoin as a payment method.

You’ll find that any Bitcoin betting sites which are operating in the UK will have something on their website (or app) to indicate that they possess a valid licence from the UK Gambling Commission.

The list of British Bitcoin betting sites is growing rapidly, and on this page, you’ll find lists of UK BTC bookmakers (as well as Bitcoin bookmakers operating in other countries and jurisdictions).

When it comes to using Bitcoin for betting, more and more UK punters are choosing this as their preferred payment method for betting. For one, it is completely safe and secure to deposit funds using BTC. In addition, as Bitcoin is truly a global currency, it is seen by many as a fantastic option for funding betting accounts. It has low fees, and usually, you’ll find that a BTC bookie has fewer restrictions on deposit limits. Plus, funding an account using Bitcoin also allows you to keep track of your gambling transactions away from your normal day-to-day bank account.

When it comes to any bookmaker winnings, those made using Bitcoin are treated the same as if you had used a debit card, bank transfer, or any other method of payment. In the UK, this means any Bitcoin winnings are not subject to tax.

The interest in betting online in India has exploded over the past year or two, and Bitcoin is quickly becoming the preferred payment method at a growing number of sports betting sites in the country – in part as a result of the Indian Government lifting a ban on cryptocurrency trading.

Bitcoin has emerged as the most recognizable cryptocurrency over the past two years, and many betting sites in India are now starting to accept it. Using cryptocurrencies allows players in India to deposit funds safely and securely and with low fees. Plus of course, Bitcoin betting in India allows players to deposit or withdraw funds anonymously.

A growing number of online betting sites in India accept Bitcoin deposits. You’ll find details of them on this page. We only ever list legal, regulated sportsbooks and casino rooms on this website. Although Bitcoin has many advantages, it is worth remembering that some sports betting sites on the Internet are not completely legal and are not licensed. We’ve highlighted some of the best ones on this page, and you can play at any of those safe in the knowledge that they are legit.

Once you’ve created a Bitcoin wallet to facilitate the sending and receiving of Bitcoins, funding a betting account is pretty much the same as if you were using a more ‘traditional’ (some might say old fashioned!) payment method, and using BTC gives you full control over your cryptocurrency sports betting, as well as allowing you to make safe online deposits from your crypto wallet, as well as instant withdrawal options.

Some Bitcoin betting sites in India are also offering free Bitcoins when you open an account. Again, you’ll find details of the best bookmaker welcome offers on this page, and you can expect to see deposit bonuses and other lucrative signup offers from a number of different betting sites.

When talking about Bitcoin betting and specifically sports betting, the majority will initially think of sportsbooks. However, given the success of betting exchanges such as Betfair, it’s no surprise to see a demand for Bitcoin betting exchanges.

There are many reasons to bet at a Bitcoin sportsbook as detailed elsewhere on this page. However, there are also plenty of good reasons for joining a betting exchange which accepts BTC and other cryptos, and being able to compete against other Bitcoin bettors provides for a captivating betting experience.

If you’re unfamiliar with how betting exchanges work, basically they allow sports bettors to make bets against each other, rather than betting against a bookmaker, which is the case with a sportsbook. With a Bitcoin betting exchange, you can either “Back” or “Lay” a selection. If you’re ‘backing’, you’re betting on an outcome to happen, whereas if you’re ‘laying’, you’re betting on an outcome not to happen. Unlike traditional sportsbooks, exchanges don’t mind if you win, as the outcome of a bet doesn’t affect the exchange itself.

Traditional bookmakers share the risk with the bettor, but at an exchange the risk is shared only between the bettors. The operator of the betting exchange takes a small percentage of the winnings. With Bitcoin, a betting exchange works extremely well as it allows for seamless, secure transactions between bettors anywhere in the world, with instant transactions.

The introduction of Bitcoin exchanges has given sports bettors even more betting options than before. We’re seeing more betting markets for more sporting events than ever, and non-sporting events such as political betting are now huge business (more than $500MILLION on the the 2020 US Presidential Election was wagered on one betting exchange alone!). With more Bitcoin betting exchanges opening up around the world, you can expect to see more and more news and television events becoming big betting events.

As noted, one of the biggest betting exchanges is Betfair. However, its success has led to other exchanges launching and also enjoying success. A betting exchange is a great alternative to a sportsbook, and provides a different betting experience. On this page you’ll find details of the betting exchanges operating in your country where you can deposit funds using Bitcoin.