Sports betting is a huge industry, with hundreds of billions of dollars wagered every year, and sports betting with crypto is the latest trend players can take advantage of for greater anonymity, flexibility and faster deposits withdrawals – as well as the chance for your bankroll to rise in value. With so many online crypto sports betting sites launching, it can be hard to know which are licensed and safe to use. Our research team put together this guide that lists, ranks and reviews the best crypto sports betting sites online this year, and how sports betting with crypto works exactly. Top Crypto Sports Betting Sites Lucky Block – Newly Launched Crypto Betting Site With Cashback BC.Game – Popular Crypto Betting Site that Accepts US Players Cloudbet – Trusted Bitcoin Sportsbook Founded in 2013 Stake – Growing Crypto Betting Site With Major Endorsements mBit – Bet on Sports and More Than 2,000+ Casino Games Thunderpick – Top Bitcoin Sportsbook for VIP Perks Rabona – Hybrid Sportsbook and Casino Accepting Crypto and Fiat Sportsbet.io – Simple Bitcoin Sportsbook Aimed at Newbies 1xBit – Specialist Bitcoin Sports Betting Platform Bitcoin sportsbooks (commonly known as crypto sportsbooks) have become increasingly popular in recent years. Through this, you can bet on sports with crypto on a decentralized gambling sites instead of having to trust a third party with your funds. And if something goes wrong, there’s no one that can freeze your account or stop you from withdrawing your winnings. Best Crypto Sports Betting Sites – Full Reviews Keep reading our full reviews to learn more about the best online crypto sports betting sites on our list and all their promotions. Lucky Block – Newly Launched Crypto Betting Site With Cashback Launched in January 2022, Lucky Block is an existing cryptocurrency project that then ventured into the crypto sports betting domain in November 2022. However, even with relatively little time in the field, Lucky Block casino has already gained much appreciation from its users. With an existing community that has already been a part of the original Lucky Block crypto project, the Lucky Block Casino can be considered one of the most trusted and efficient crypto betting sites in 2023. All the sportsbook favorites you’d expect are on offer, including NBA crypto sports betting, eSports, soccer, tennis, boxing and more. To celebrate their launch Lucky Block casino is also running an airdrop promotion at the time of writing, set to award one lucky player with $10,000 equivalent in LBLOCK tokens that has an account on the site and placed at least one wager this month. The project’s native token LBLOCK functions as its own sports betting crypto coin, although Bitcoin, Ethereum and other cryptos are also supported. Lucky Block casino also pays out 15% cashback to new players for their first week of play. In the spirit of decentralization and anonymity, this crypto sports betting site also has no KYC requirements (know your customer ID documents) – although note that player in the US and UK will require a VPN connection to access the luckyblock.com domain. The site also functions as a crypto sports betting exchange as it’s possible to buy cryptocurrency directly on the website with a debit / credit card, or deposit with a dozen different cryptocurrencies from a crypto wallet. See our full Lucky Block casino review. Pros: 15% cashback on net losses for first seven days of play 2700+ crypto betting games from leading industry providers Option to play for free in demo modes, without risking real money Great games selection with slots, jackpots, table games, crash gambling, and live dealer games Provably fair crypto betting games like Aviator, Mines Available on Desktop and mobile Sign-up bonus and rake races offered for those on its email list Cons: VPN required in the US, UK Visit Lucky Block Sportsbook BC.Game – Popular Crypto Betting Site that Accepts US Players BC.Game is the best bitcoin sportsbook for US players who also want the most options to bet on sports with crypto. The site is operated by the same company that owns Betcoin Casino and Betcoin Poker and is one of the most trusted and reliable bitcoin sportsbooks around. Players are offered a wide range of betting options to choose from as well as a variety of payment methods including Bitcoin, several altcoins, credit card or bank transfer. BC.Game ranks highly on our list of the best crypto sports betting sites as it’s available in the United States. Notably they also are official partners of world cup winning team Argentina. Read our full BC.Game review. Pros: Supports over 150 crypto-currencies Immense selection of table and casein games, 36 in total Offers a welcome bonus on registration The payout time is under 1 hour Accepts players from the US Cons: Fiat supported. So the policies for KYC might change Visit BC.Game Cloudbet – Trusted Bitcoin Sportsbook Founded in 2013 Cloudbet is a well-established, trusted bitcoin sportsbook that has been around since 2013. With this being the case, you can be confident that Cloudbet adheres to industry best practices and has high standards when it comes to the security and handling of funds. The site offers great odds, as well as a wide range of markets on all major sports including football (soccer), basketball, baseball and many more. Cloudbet also accepts bitcoin deposits from new accounts and withdrawals are processed within 24 hours or less (typically around 1 hour). Cloudbet provides beginner friendly tutorials on how to get started sports betting with crypto and supports a huge range of crypto tokens other crypto sports betting sites don’t, such as DASH, which is another appealing feature. Cloudbet is not open to the US however is open to Australia and popular across Europe. Learn more in our Cloudbet review. Pros: Highly reputed in the crypto sport-betting space Greater odds of winning 5 BTC offered to casino players as a bonus Over a thousand sportsbooks offered Cons: Unavailable in Australia, the UK, and the USA Visit Cloudbet Stake – Growing Crypto Betting Site With Major Endorsements Stake is a growing Bitcoin betting site that has earned the endorsement of major sports figures, including NBA legend LeBron James. Stake as a sport betting brand has been around for two years and has made an impressive mark in the industry. Although Stake is not as well-known as some other crypto betting sites, it’s one of the best bitcoin sportsbooks on the market. In fact, it’s an online casino and poker site too. Pros: Bonuses and sport-betting promotions are offered almost all the time Offers a well-developed casino Minimum deposit of $5 Cons: A welcome bonus is not offered for new players In-play sporting is less compared to its competition mBit – Bet on Sports and More Than 2,000+ Casino Games mBit offers a wide range of deposit options, including bitcoin, PayPal, credit cards and debit cards. You can also make your deposits using e-wallets like Skrill, Neteller and Payeer. The software at mBit is very user-friendly and has an attractive design. The site’s interface is quick to load and easy to navigate even on mobile devices – which is great if you want to play some casino games while on the go! mBit boasts a huge selection of casino games – more than 2,000 in total! You’ll find popular slot machines (like Game of Thrones), and table games such as blackjack and roulette all available for play from one place. In addition to these classic casino games, you’ll also find plenty of video poker variants as well as other types of poker such as draw poker or stud poker if those are more your style. Pros: Free jackpot spins are offered on every deposit Slot games are also available A welcome bonus is offered on the initial 3 deposits Accepts players from the US Minimum deposit of 0.001 BTC Payout within 10 minutes Cons: The sportsbook feature is not offered Requirements for wagering need to be completed in 14 days Visit mBit Thunderpick – Top Bitcoin Sportsbook for VIP Perks This is a popular Bitcoin sportsbook with a focus on providing VIP perks to players. Thunderpick offers a wide range of betting options, including sports and esports. The platform is one of the few sites to offer live betting on esports. Additionally, there are plenty of deposit and withdrawal options available at Thunderpick: you can use Bitcoin or Ethereum deposits, but also other cryptocurrencies such as Litecoin (LTC), Dash (DASH), NEM (XEM) and TRON (TRX). The minimum deposit amount ranges from 0.025 BTC all the way up to 1 BTC and most cryptocurrencies have lower minimums than that as well. Deposits can be made via credit card but only for certain countries like Canada and Australia – some other countries might also be accepted but these are not specified by the bookmaker itself yet so you’d want to check this out first before making any withdrawals from these accounts! Withdrawals however work just fine using credit cards which makes them quite convenient compared to conventional payment methods like PayPal where sometimes it takes days before funds actually arrive in the bank accounts after making a withdrawal request. In case you don’t want any delays whatsoever, we recommend using Neteller or Skrill since both services allow instant transfers into bank accounts without any issues whatsoever. Pros: Supports betting on 17 main sporting events Accepts multiple cryptocurrencies Supports live casino games Promotions are always ongoing Minimum deposit of $20 Cons: The welcome bonus has a high cap of just €500 Does not accept players from the US Visit ThunderPick Rabona – Hybrid Sportsbook and Casino Accepting Crypto and Fiat The Rabona hybrid sportsbook and casino offers a unique experience to those looking to bet on sports, play at a casino, or both. This crypto sports betting site accepts Bitcoin, Litecoin and Ethereum deposits. The Rabona website is fairly simple in design and layout. The home page features their latest promotions as well as an introduction to their casino games and bonuses. If you are interested in betting on a particular sport, simply click on the appropriate banner at the top of the page and you will be taken directly to that sport’s section of the site where you can place your bets using either crypto or fiat currency options available there. Pros: The sports betting platform is up to date and has a clean and interactive interface Supports 35 games and casinos Supports multiple cryptocurrencies Supports Fiat deposits also Minimum deposit of €20 Cons: The welcome bonus is capped at just €100 Visit Rabona Sportsbet.io – Simple Bitcoin Sportsbook Aimed at Newbies Sportsbet.io is a simple bitcoin sportsbook aimed at newbies. They have a great welcome offer and a good range of betting markets, including in-play betting. Their mobile app is available on both iOS and Android devices, so you can bet on your phone or tablet whenever you like. They are licensed by the MGA (Malta Gaming Authority), which is one of the top gaming licenses in the world with strict regulations enforced by that government body to ensure players get fair treatment when using their platform. Sportsbet has an exceptional customer service team who will help you with any issues that arise during your use of this site: from registration to withdrawal requests and more general questions about how it all works – they’re always happy to help. Pros: Aimed at new players Simple and easy interface The platform is neatly split between casino games and sport-betting Odds are highly competitive Offers 35 options to play on Minimum deposit of 0.0002 BTC Cons: No welcome bonus is offered Seems too basic for the experienced players 1xBit – Specialist Bitcoin Sports Betting Platform 1xBit is a bitcoin sportsbook with a focus on esports. The online betting site offers players a wide selection of sports to bet on, including football, basketball, tennis and esports (CSGO, Dota 2 and League). 1xBit has been around since 2013 and has established itself as one of the more reputable bitcoin gambling sites around. It’s easy to use with minimal restrictions on deposits and withdrawals. 1xBit also offers an API if you’re interested in creating your own software or bots to make your bets easier. Pros: Welcome bonus can go up to 7 BTC Accepts players from the US Giveaways are offered occasionally The sportsbook feature is highly comprehensive Cons: Known for limiting the number of winners Visit 1xBit What Is Sport Betting? Before we take a deep dive into the world of Bitcoin sportsbooks, let us understand what is sports betting and why is there such hype around it. Sports betting is a form of online gambling. It involves placing bets on sporting events. It’s popular among people who enjoy watching sports and are interested in the results. Sports betting is considered a form of entertainment rather than a way to make money, but it can be very profitable if you know what you’re doing. The most common form of sports betting involves predicting the result of a single game, but it can also involve multiple games or even an entire season. Sportsbooks typically offer odds for many different types of bets, including: Parlays (or accumulators) A parlay involves making a series of bets that all win together if you guess correctly on them all; for example, if you pick three games and win any two, you’ll take home your bet plus extra money from the sportsbook. Parlays are often quite risky since your chances increase with each additional game that comes into play; however, they also have higher pay-offs than normal individual bets do because there are many combinations of winners in one bet (and losing parlays won’t cost as much). Teasers These are similar to regular point spreads in which they allow gamblers to make some informed revisions to their original predictions; however, teasers will usually give players more room for error by letting them select up to six different teams rather than just one side or another. For example: If Team X is supposed to beat Team Y by seven points but instead loses by five points due to bad play and/or injuries then gamblers who chose Team Y may end up winning less money than they would have had they simply stayed with their original wager instead. This means risking more money per unit purchased. So, one should make sure before placing any kind of wager. Why do People Bet on Sports? It’s no secret that sports betting can be a great way to make a few extra bucks. But it’s not just about the money; there are many other reasons why people choose to bet on sports. Here are some of them: The Thrill of Betting Most people love the adrenaline rush they get when they place their bet and hope that they will win big. The Excitement of Watching the Game Some people feel more engaged with games if they have an active role in them, rather than just being passive spectator who watches what happens but doesn’t affect anything else. Anticipation of Winning Every gambler knows how their heart pounds faster when they’re about to win or lose. That’s because there’s something inherently rewarding about winning something even though it might be small in size such as $10–$20 worth of bets at most times. And this feeling can be addictive over time too once you’ve had enough practice over time because then confidence builds up until eventually one day when all those small wins add up into something huge like maybe $100 worth per day or even more depending upon how much effort goes into placing each bet correctly every single day until eventually hitting jackpot. Traditional means of sports betting and the problems they have But sadly, the traditional means of sports betting are not good or favourable for many reasons. The following are some of the most common problems experienced in the traditional sports betting scenes: High fees – These can be as much as 25% of your stake. Unfair terms and conditions (T&Cs) – Bookmakers reserve their right to change their T&Cs at any time without notice, so if something goes wrong, they may not be legally obliged to compensate you in any way whatsoever. Slow payouts – Bookmakers will often delay paying out winnings for as long as they can get away with it – sometimes weeks or months after a game has finished. That can mean losing out on interest from other investments while waiting for your prize money which could have been invested elsewhere instead. Unregulated bookmakers – Bookmakers are not regulated by any government authority and so they can’t be trusted to act in your best interests. Don’t forget that these companies are in business to make as much money as possible – not pay out winnings. Lack of transparency and too much trust placed in the middleman – In case you have any issues with your account, it could be frozen without notice or explanation for months or even years on end. They can be shut down at any time, and there’s no way to get your money back – Funds can be hacked and your money can be stolen. They are owned by a central authority that sets the odds and takes a cut off of every bet. Sports Betting Crypto vs Fiat When it comes to betting on sports, Bitcoin is the way to go. It’s cheaper than using traditional payment methods and there’s less risk of fraud or identity theft. Plus, you can use your assets anywhere in the world with just an internet connection. You can even make deposits and withdrawals from your Bitcoin wallet without having to go through any exchange services or banks; this saves you money on fees as well. Types of Sports Betting Crypto Platforms Sportsbooks, casinos, poker and lotteries are the most common types of online gaming websites. They offer a wide variety of games that can be played from a desktop or mobile device. Sportsbooks (Sports Betting) – These sites allow you to bet on sports events such as football matches, basketball games and tennis matches. Casino – These websites provide a variety of gambling games such as slots, blackjack, roulette and more. You can play for free or for real money in order to win prizes if you bet correctly! Poker – Poker is an exciting card game where players compete against one another by placing bets on each hand they play out until one player wins all their chips (money) at the table! For example: if there are five people playing poker each with five dollars worth of chips then whoever has less money when all cards have been dealt will lose while someone else might win ten dollars worth of new chips depending on what happened during gameplay like who folded first before any betting started. Readers may also be interested in our guide to the best Bitcoin casinos. Why Bet on Sports with Crypto? If you’re new to crypto sports betting, you might be wondering why it’s even worth your time. After all, sports betting is already a huge industry with lots of options for traditional gamblers. But as more and more people are learning about the benefits of crypto, we expect that you’ll see more sites offering this type of betting in the near future. So what makes bitcoin sportsbooks so great? Here are some key advantages: They’re easy to use They offer a wide range of sports and leagues (including American football) They have good odds that can be compared between different sites They’re secure—your money is protected by encryption technology like SSL certificates or blockchain verification processes like proof-of-work or proof-of-stake algorithms How Do I Deposit Using Bitcoin? To deposit bitcoin in your sportsbook account, you will need to have a bitcoin wallet. This is where all of your funds will be stored and sent from. Once you have a working wallet and address, you can follow these steps: Navigate to the “Deposit” page on your sportsbook’s website and enter the amount that you would like to deposit. Select “Bitcoin” as your depositing method (this could vary depending on which site you are using). You will then be asked for a receiving address; this is where they will send your funds after verifying that they are valid by matching them with their own records. They may also ask for ID if this is required by law in order for them to send money overseas or internationally outside of their country of operation; some countries require photo identification when sending money out of their borders so it’s best not to take any chances. Best Deposit Methods for US Players Now that you’ve decided on a site, it’s time to make your first deposit. Depending on where you’re located and which site you’ve chosen, various methods are available for depositing money into your account. We’ll start with the most common options: Credit card – Many sites will allow players to fund their accounts via credit card (or debit card), but not all do. Check the specific terms and conditions of each book before committing any funds to ensure they can be used in this manner. Bank wire – If you’re planning on making an initial deposit larger than $1000, then this may be a useful option for you as most sportsbooks don’t accept cash transfers or checks from outside banks. Bitcoin – Most bitcoin-friendly books will allow deposits in BTC as long as they come from wallets that have been verified by both parties (the bookmaker and yourself). They will also likely charge some extra fees if using this method due to high exchange rates when converting between currencies. E-wallet (Neteller) – These types of e-wallets are becoming increasingly popular among bettors due to their ease of use compared with other options like PayPal. How Cryptocurrency Solves Issues in Traditional Sports Betting While traditional sports betting has its benefits, the key problem with it is that you are required to put your trust in a third party. The middleman acts as an intermediary between you and the sportsbook operator. This means that any money you deposit into your account has to go through their hands first, which makes it impossible for them to withdraw it without taking a cut for themselves or their bank. Furthermore, credit card transactions aren’t generally accepted by online bookies due to high fees on those transactions; so if you want to use plastic money, then there will be no way around paying them extra fees too. Cryptocurrency solves all of these problems because there are no middlemen involved when making deposits or withdrawals from sportsbooks using Bitcoin (or other cryptocurrencies). When using cryptocurrency instead of fiat currency, there is also a much lower risk for identity theft or fraud because every transaction remains anonymous until both parties agree that funds have been transferred successfully – meaning no personal information needs sharing between two people before sending funds back and forth between one another. Perks of Crypto Betting They are more secure than traditional betting sites since they use blockchain to process payments and transactions. This ensures that all funds are kept safe from any hackers or fraudsters. They also offer better anonymity since you don’t need to share your personal information with the site owners for verification purposes like when opening an account with a traditional sportsbook company. Crypto betting sites have lower fees than their traditional counterparts because of the lack of overhead costs such as administrative costs and advertising fees, among others. This means that you get more value for your money when using crypto sportsbooks over conventional ones. Crypto sports gambling platforms usually offer better odds than their conventional counterparts thanks to the increased liquidity available thanks to cryptocurrency trading volumes being higher than those on fiat currencies (USD). The same goes for payouts as well; most online casinos will allow players who win big amounts in casino games like slot machines at least five days before making withdrawals just so they can check if there really is enough money in their accounts so they can avoid fraudsters who try extracting funds from other people’s accounts without permission. What Makes a Legitimate Bitcoin Sportsbook? The following are the most important requirements for a sportsbook to be considered legitimate: Licensed and registered with the government of either their country or the countries where they operate. They have an adequate history of paying players, business partners and affiliates. A long history of paying out is more important than being paid quickly after winnings are made. They carry a strong reputation among bettors, media outlets and industry experts. Conclusion With so many crypto sports betting sites on the market, it’s important for players who want to be competitive in their games of choice to have access to the best resources possible. The sites on our list have been selected by their ability to cater for all kinds of players, whether they are newbies looking for a secure betting experience or seasoned veterans looking for some serious action. This guide gives you the necessary information to make an informed decision about where to deposit your cryptocurrency and which sportsbook is right for you. Our top pick was Lucky Block sportsbook which has no cumbersome KYC requirements (although a VPN is required in some countries) so it’s possible to get started sports betting with crypto immediately, and also earn automatic 15% cashback for the first week of play. We also rate BC.Game highly for its crypto eSports betting options and for being fully open to USA players. Lucky Block Casino - Decentralized Gambling Platform Rating Bet With Crypto - BTC, ETH, USDT, LBLOCK and More Live Dealers - luckyblock.com Rated Best New Crypto Casino - No KYC Thousands of Slots, Blackjack, Roulette Games Bet Now VPN Required in US, UK FAQs on Crypto Sports Betting Is crypto sports betting more convenient? Yes. Crypto sports betting allows users to enjoy their betting experience from the comfort of their homes. Infact, users can place their bets from anywhere in the world, as long as they can access their crypto wallets. Do all crypto casinos offer sports betting? Unfortunately, every online casino may not offer sportsbetting within its platform. However, there still is a vast variety of options for users to choose from. Are all online sports betting sites safe? It is important to research about any betting site before being involved with it. While the platforms mentioned in this article may be excellent options, there are many others which may scam people of their hard earned money.