Best Bitcoin Sports Betting Sites 2024
Bitcoin sports betting has transformed how enthusiasts bet on their favorite games, offering fast, secure, and private transactions along with seamless deposits and withdrawals that ensure quick access to winnings and a diverse range of sports betting options.
At Safest Betting Sites, you can find the best U.S. sportsbooks accepting Bitcoin, known for fair odds, user-friendly interfaces, and quick transactions. Let’s dive in!
Best Bitcoin Sportsbooks In 2024
| Rank | Top Sportsbooks | Deposit bonus | Get Started |
|---|---|---|---|
| 1 |
Bovada |
Deposit bonus 50% Up To $250 | Bet Now |
| 2 |
BetUS |
Deposit bonus 100% Up To $2,500 | Bet Now |
| 3 |
Betonline |
Deposit bonus 50% Up To $250 | Bet Now |
| 4 |
Everygame |
Deposit bonus 100% Up To $500 | Bet Now |
| 5 |
BetWhale |
Deposit bonus 125% Up To $1,250 | Bet Now |
| 6 |
BetNow |
Deposit bonus 100% Up To $1,000 | Bet Now |
| 7 |
MyBookie |
Deposit bonus 100% up to $1,000 | Bet Now |
| 8 |
Sportsbetting |
Deposit bonus 50% Up To $1,000 | Bet Now |
Best Bonuses From Top Bitcoin Betting Sites
After reviewing hundreds of bonus offers, our experts have narrowed it down to the top 3 Bitcoin bonuses from trusted betting sites. Don’t wait—grab these exclusive offers before they’re gone!
How to Get Started with Bitcoin Sports Betting?
To begin betting on sports using Bitcoin, you first need to acquire Bitcoin and set up a wallet for secure storage. Follow these steps to get started:
Purchase Bitcoin
- Choose a reputable cryptocurrency exchange like Coinbase, Binance, or Kraken.
- Create an account, verify your identity, and link a payment method.
- Once set up, buy Bitcoin by entering the desired amount, and it will appear in your exchange wallet after the transaction.
Setup Blockchain Wallet
- Create a secure blockchain wallet with a trusted provider.
- Set up your account, create a strong password, and generate a recovery phrase.
- To get your wallet address, log in and navigate to the “Receive” or “Deposit” section to copy the unique address for Bitcoin transfers.
Transfer Bitcoin
- Log in to your cryptocurrency exchange account and select the option to transfer funds.
- Paste your wallet’s unique Bitcoin address into the transfer field.
- Confirm the transfer and your Bitcoin will move from the exchange to your personal wallet.
How to Deposit Bitcoin at US Sportsbooks?
Once you have Bitcoin in your wallet, you can start betting by depositing it into a sportsbook. Here’s how to do it:
1) Choose the Right Sportsbook
- Select a trusted Bitcoin sportsbook that operates legally in your region.
- Opting for recommendations from Safest Betting Sites can help ensure the platform is reputable, supports Bitcoin transactions, and offers the sports markets you’re interested in.
2) Sign Up or Log In
- If you’re new to the sportsbook, create an account by providing the necessary details.
- Existing users can simply log in to access their accounts.
3) Deposit Bitcoin into the Sportsbook
- Navigate to the sportsbook’s deposit section and copy the sportsbook’s Bitcoin wallet address.
- Open your Bitcoin wallet, paste the sportsbook’s address, and input the amount you want to transfer.
- Confirm the transaction and wait for the funds to reflect in your sportsbook account.
How to Withdraw Your Winnings Using Bitcoin?
Withdrawing your winnings in Bitcoin is not only straightforward but also one of the fastest and most secure ways to access your funds from a sportsbook. Bitcoin withdrawals often involve minimal fees and quicker processing times. By following these steps, you can easily transfer your winnings to your personal wallet and, if needed, convert them into cash:
1) Request a Withdrawal
- Log in to your sportsbook account and navigate to the withdrawal section.
- Select Bitcoin as your withdrawal method and enter the amount you wish to withdraw.
2) Provide Your Wallet Address
- Enter your personal Bitcoin wallet’s address and paste it into the withdrawal form.
- Ensure the address is correct before submitting it.
3) Confirm the Withdrawal
- Submit your withdrawal request and wait for the sportsbook to process it.
- Once approved, the Bitcoin winnings will be transferred to your wallet.
4) Convert Bitcoin to Cash (Optional)
- If you wish to convert your Bitcoin into cash, transfer it to a cryptocurrency exchange.
- Sell the Bitcoin on the exchange and withdraw the funds to your bank account.
Pros and Cons of Using Bitcoin at Sports Betting Sites
Understanding the pros and cons of using Bitcoin for sports betting is essential because it allows you to make an informed decision. For instance, if you value fast transactions and privacy, Bitcoin can be an excellent choice, however, if you’re uncomfortable with Bitcoin’s price volatility, it might not be the right fit for you. By weighing these factors, you can determine whether Bitcoin is the right choice or not for your betting experience.
Pros
- Fast Transactions
- Anonymity
- Low Transaction Fees
- Global Accessibility
- Enhanced Security
Cons
- Price Volatility
- Conversion Fees
Bitcoin Deposits & Withdrawals Compared at popular US sportsbook
| Sportsbooks | Min Deposit | Max Deposit | Min Withdrawal | Max Withdrawal | Payout Speed |
|---|---|---|---|---|---|
| Bovada | $10 | $5,000 | $10 | $2,500 | 24 Hours |
| BetUS | $10 | $50,000 | $50 | $5,000 | 24 Hours |
| Betonline | $10 | $1,000,000 | $20 | $100,000 | 48 Hours |
| Everygame | $25 | $2,500 | $100 | $2,500 | 48 Hours |
| Betwhale | $20 | Unlimited | $150 | $2,500 | 1-3 Days |
| BetNow | $20 | $40,000 | $200 | $2,000 | 24 Hours |
Most Popular Sports to Bet Using Bitcoin
Whether you’re a fan of football, basketball, baseball, or hockey, Bitcoin sportsbooks provide an exciting and rewarding way to wager on your favorite events. In this section, we explore the most popular sports to bet on using Bitcoin, giving you insight into where you can make the most out of your betting experience.
Football Betting
Football is one of the most popular choices for Bitcoin sports betting. With a wide range of leagues and events, including the NFL and international tournaments, football betting with Bitcoin allows for a seamless experience with fast transactions and enhanced privacy. Bettors can enjoy in-play betting, futures, and prop bets, all while benefiting from Bitcoin’s low fees and global accessibility.
Basketball Betting
Basketball fans can take full advantage of Bitcoin sportsbooks to bet on NBA games. The fast-paced nature of basketball makes it ideal for live betting, and Bitcoin’s quick transaction speed ensures you can place your bets instantly. With a variety of betting options, from moneylines to player props, basketball betting with Bitcoin adds an extra layer of excitement to every game.
Baseball Betting
Whether you’re a fan of Major League Baseball (MLB) or international leagues, sportsbooks that accept Bitcoin offer a wide range of options for baseball betting. From over/under wagers to run lines and futures, there’s no shortage of markets to explore. Thanks to Bitcoin’s decentralized nature, you can bet on games from anywhere with ease. Plus, fast deposit and withdrawal options allow you to focus on the action rather than your funds.
Hockey Betting
Hockey betting has gained immense popularity among Bitcoin users, especially for NHL and international matches. Bitcoin sportsbook reviews often highlight the advantages of betting on hockey with Bitcoin, such as instant deposits, anonymous transactions, and diverse betting markets. From moneylines to puck lines and totals, hockey enthusiasts can enjoy a secure and efficient betting experience with Safest Betting Sites.
Why Use Bitcoin for Betting at US Sportsbooks?
Betting with Bitcoin offers unique advantages that traditional currencies often cannot match. In this section, we explore the top reasons why using Bitcoin at US sportsbooks is becoming increasingly popular among bettors.
Anonymity and Privacy
One of the biggest reasons bettors prefer using Bitcoin is the anonymity it provides. Bitcoin transactions are not directly linked to personal information, allowing for private betting activities. By using Bitcoin at sportsbooks, you can bet discreetly, enjoying the added peace of mind that your personal data remains secure and private.
Lower Transaction Fees
Traditional payment methods often come with high fees, especially when dealing with international transactions. Bitcoin, however, features minimal transaction fees, making it an affordable option for bettors. By choosing Bitcoin betting sites, you can reduce the fees associated with deposits and withdrawals, allowing you to maximize your betting budget.
Accessibility from Any Location
Bitcoin is a decentralized currency, which means it is not restricted by geographical boundaries or local banking regulations. This makes it ideal for bettors in the US looking to access offshore sportsbooks. Bitcoin sportsbooks allow you to place bets from anywhere in the world, providing unparalleled convenience and flexibility.
Higher Bonuses and VIP Programs
Many betting sites offer higher bonuses and exclusive VIP programs to users who deposit with Bitcoin. These incentives are designed to attract bettors and provide added value. Whether it’s a generous welcome bonus or a loyalty reward, using Bitcoin can unlock special promotions that are not available with traditional currencies.
Bitcoin Sports Betting FAQ
Yes, you can bet online with Bitcoin. The legality of using Bitcoin for sports betting in the U.S. varies by state. Some states have legalized sports betting and permit the use of cryptocurrencies, while others have not. It’s essential to consult your state’s regulations before engaging in Bitcoin betting.
Betting with Bitcoin is safe as long as you choose a trusted sportsbook and use a secure Bitcoin wallet to manage your cryptocurrency deposits and withdrawals.
BetOnline is the best Bitcoin sports betting site at the moment. Their cash welcome bonus offers the most value for your money and they accept BTC as a deposit and withdrawal method.
Many Bitcoin betting sites also accept other cryptocurrencies such as Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), and Tether (USDT). The availability of specific cryptocurrencies varies by platform, so it’s advisable to check each site’s accepted payment methods.
In the U.S., the IRS treats cryptocurrency as property. Gambling winnings in Bitcoin are considered taxable income and must be reported on your federal tax return. Additionally, any increase in the value of your Bitcoin from the time you won it to when you sell or exchange it may be subject to capital gains tax.
Using a VPN to access Bitcoin betting sites can help bypass geo-restrictions. However, many betting platforms prohibit VPN usage and may freeze winnings or terminate accounts if VPN use is detected. It’s important to review each site’s terms of service regarding VPNs before use.
Bitcoin transactions typically incur fees paid to miners for processing. These fees vary based on network congestion and transaction size. Some betting sites may also charge their fees for deposits or withdrawals. It’s advisable to check both the current Bitcoin network fees and any platform-specific charges before transacting.
