Crypto gambling is at the height of its popularity, with more and more operators launching online worldwide by the day. The trick lies in finding the best sites, which is what our experts can help you with here at TheGameHaus.com.
There are a number of advantages to gambling with cryptocurrency, including increased security and privacy, as well as better odds and bigger bonuses. However, there are also a few downsides as well. In this article, we have covered everything openly and honestly.
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The best crypto gambling sites
Operators are seeing the potential that cryptocurrencies have in the world of online gambling. As well as dedicated crypto-only sites, you will also find that some traditional fiat currency online casinos are now also offering crypto.
Most potential first-time crypto gamblers ask if the practice can be done both safely and securely, and the answer is yes. In fact,
crypto gambling
actually offers a more secure and private alternative to using fiat currencies. Plus if you're asking, 'Is crypto gambling legal?' well, the good news is that it is in many countries around the world. Just remember to check the crypto gambling regulation in the country where you are playing from.
However, the trick is in finding a licensed and trusted operator to use. Here at TheGameHaus, we only recommend sites that we have tested and approved ourselves. The banners on this page show you our current top-rated crypto-betting sites. We always keep this list up to date to reflect current trends and expert opinions to help you get more out of crypto gambling online.
Stake.com - The world’s top operator for crypto gambling
While there are many good crypto gambling sites and apps out there, Stake.com stands out head and shoulders above the rest. For starters, it holds two gambling licenses. As well as having a Curacao eGaming license, it is also the only
crypto casino
and sportsbook that the UKGC regulates.
Its trustworthiness is further enhanced by user reviews and the brand’s high profile partnerships and sponsorship deals. Stake.com boasts Drake as an official ambassador, as well as former footballer Sergio Aguero. On top of that, it is an official partner of the UFC and the shirt sponsor of Premier League side Everton - and that’s not even the half of it!
The crypto casino experience
Stake.com has a massive online casino with thousands of games, including crypto slots, table games and a vast number of live dealers. Additionally, you also have the Stake Originals, which are games that have been developed using Stake’s own software.
The Stake Originals have been created specifically for the purpose of crypto gambling. They have provably fair technology, meaning that you can verify the fairness of the game before each round. Additionally, these games have a high RTP, customizable gameplay and an outcome that is at least partially user-influenced.
Sports betting at Stake.com
As well as a massive crypto casino platform, Stake.com is also home to a crypto sportsbook. Here, you can bet on a huge selection of sports and markets, from soccer to MMA, the NFL and plenty more.
You have the choice between betting pre-game or in-play using the top-notch live betting platform. The Stake.com sportsbook also has competitive odds that no fiat currency sportsbook can match.
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If you do decide to register a new account at Stake.com today, make sure to use our exclusive promo code:
TGHSTAKE. Doing so will activate a special welcome offer that gets you a 200% deposit match that is worth up to a potential $1,000.
Additionally, you also get a 10% rakeback bonus that will see you earn back a percentage of the house edge on every wager that you place. The rakeback builds up over seven days and is paid into your bonus balance at the end of the week.
Getting started with crypto gambling sites
The process of gambling online with crypto is easy; all that you have to do is follow these simple steps:
Open a wallet
First and foremost, you will need to open a crypto wallet where you can store your coins. Most sites, including Stake.com, recommend using Coinbase. However, there are some crypto gambling operators that have the option for you to open a wallet directly on their site.
Buy some crypto
Once you have opened your wallet, you need to buy some crypto to put inside it. Some research is required here, but the cryptocurrencies that we recommend for online gambling are bitcoin, litecoin, Ethereum and USDT.
Register with a crypto betting site
Now that you have your crypto, it’s time to find your ideal gambling site here at TheGameHaus. You can either go directly to Stake.com from us or use our reviews to shop around.
Make a deposit
When your account has been opened and fully verified, you can now make an instant deposit from your wallet.
Start gambling
And that’s it, you can now start betting on your favorite sports and playing casino games using your crypto coin of choice.
Advantages of crypto gambling
Below, TheGameHaus experts have provided you with a list and explanation of the main advantages of gambling with cryptocurrencies. Main Advantages:
Anonymity and Security: Crypto transactions ensure users' identities remain confidential, and blockchain technology provides unmatched security.
Fast Transactions: Deposits and withdrawals are significantly faster compared to traditional banking methods.
Generous Bonuses: Crypto gambling sites often offer more substantial bonuses and rewards than their fiat counterparts.
Security
Cryptocurrency transactions are more secure for both you and the gambling site operator. It is impossible for a hacker to alter any transaction that is made on the blockchain. It will always remain the same as it is recorded on the ledger.
Privacy
As well as being secure, cryptocurrency blockchains are also anonymous, protecting you from the risk of online identity theft. This is further reinforced by the fact that no personal details are attached to your crypto wallet, making it untraceable.
Speed
Fiat currencies can, of course, offer instant deposits on gambling sites. It is actually true to say that some cryptos, such as bitcoin, are slower in this respect. However, withdrawals are processed much quicker with crypto - even instantly on many sites.
Better odds
Cryptocurrencies are much cheaper for merchants to support than fiat currency payment methods. This is because they don’t have to pay fees to the likes of PayPal, Visa and Mastercard. As a result, crypto
igaming sites
don’t have to have as big a margin to guarantee a profit, meaning they can offer more competitive odds.
Bigger bonuses
Another way that gambling sites can pass their savings on to you is through better bonuses and promotions. Often, you will find that the welcome deposit offer at a crypto site is larger and has better conditions when compared to a fiat one. One example of this is the exclusive Stake.com welcome bonus that we explained earlier. As a reminder, you can get a 200% deposit match up to $1,000 and a 10% rakeback bonus with this code:
TGHSTAKE.
How to work around the downsides of crypto gambling
As with everything else in life, there are both pros and cons to crypto gambling. However, the advantages outweigh the disadvantages; where there are problems, there are also solutions. Here, TheGameHaus experts have not just explained the downsides of crypto online gambling, but also how to work around them.
Volatility
One of the main disadvantages that cryptocurrencies have in general, not just for gambling, is that they are extremely volatile. While the decentralized nature is part of what makes crypto transactions more secure, it also means that the prices are subject to massive fluctuation.
Spikes and crashes are common with all cryptocurrencies, and none more so than bitcoin. However, most crypto gambling sites, including Stake.com, will lock in your deposit at its market value at the time it was made.
You could also opt to use a stablecoin, such as USDT. The value of this coin is tethered to the US dollar, keeping it more stable - hence the term “Stablecoin”.
Uncertain future
Although cryptocurrencies have now been around for a while, their future remains uncertain. However, they are creeping more and more into the mainstream, so it does appear that they do have some form of future.
In this respect, it’s best to use one of the more established cryptocurrencies, such as Bitcoin, Ethereum or Litecoin. Although their future isn’t foolproof, they don’t appear to be going anywhere anytime soon.
Unlicensed casinos
Cryptocurrency gambling sites only started to get licensed and regulated fairly recently. As a result, there are still a lot of unlicensed and unregulated operators out there. These sites should be avoided at all costs, and you should always bet with a legit operator.
Fortunately, the solution to this can be found right here at TheGameHaus. All of the crypto gambling sites that we recommend are licensed and regulated in some capacity. Once again, Stake.com is the best site in this respect, as it holds a Curacao eGaming license and one from the UKGC.
Our top expert tips for using crypto gambling sites
Here at TheGameHaus, we want to ensure that you have the best possible experience when gambling online with crypto. By following these top tips, you should find that you can enhance your overall experience as much as possible.
Choose the right site
It goes without saying that you should choose to gamble with a legit and licensed operator in your region. On top of that, you also want to register with an operator that suits your gambling needs. That’s why we recommend making use of the reviews here at TheGameHaus. If you are looking for a well-rounded site that is safe and secure, we recommend Stake.com.
Deposit when the value is low
As we said before, most sites like Stake.com will lock in your deposit at its market value at the time of transaction. As a result, it is best to make your deposit when the market value of your chosen coin is low. On the other hand, you want to withdraw funds when your crypto’s value is high.
Convert your account currency
Unless you are a true crypto guru, working out the value of your coins at a glance isn’t easy. However, Stake.com and many other gambling sites give you the option to set your account currency to a fiat currency or USDT. This makes your bets, winnings and losses much easier to track and manage.
Look for promo codes
This sort of goes for all gambling sites, but as we said before, crypto betting sites often have better bonuses. Always check here at TheGameHaus for exclusive promo codes, such as this one that unlocks the 200% deposit match and 10% rakeback at Stake.com:
TGHSTAKE.
Play provably fair games
Provably fair is a technology with an algorithm that allows you to verify the fairness of the game before each round. Such games are almost exclusively found on crypto casino sites. The best examples of these are the Stake Originals, which can only be played at Stake.com.
Conclusion - Helping you find the best crypto gambling sites
To sum things up, crypto gambling has its pros and cons - but overall it has a lot to offer. Just make sure to do your research first and foremost, and make sure that you follow our top tips. Above all else, the most important thing is to choose a legit, licensed and regulated operator to bet with - such as Stake.com. And if you do decide to register an account with Stake, remember to use this promo code to claim the exclusive 200% deposit match and 10% rakeback welcome offer:
TGHSTAKE.
Our top crypto gambling picks
Crypto gambling - FAQ
❓ Can you gamble with crypto?
Discover what possibilities are available to you with regard to gambling with crypto here at TheGameHaus. See if it is safely and securely available in your region today.
🏆 What is the best crypto betting site?
Our experts here at TheGameHaus have reviewed and rated the top cryptocurrency online casinos and sportsbooks. Our list is always kept up to date and we only recommend licensed and regulated operators.
🎰 What is the best crypto to use for gambling?
Some coins are more suited to online gambling than others. Everything has been explained in detail by our experts in the attached article.
🎰 Can I gamble anonymously with cryptocurrencies?
Yes, one of the main advantages of crypto gambling is the ability to gamble anonymously, protecting your personal information.
🎰 Are crypto gambling sites secure?
Yes, reputable crypto gambling sites use blockchain technology to ensure transactions are secure and games are fair.
🎰 What types of bonuses can I expect at crypto gambling sites?
Crypto gambling sites offer various bonuses, including welcome bonuses, free spins, and cashback offers.
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While there are many good crypto gambling sites and apps out there, Stake.com stands out head and shoulders above the rest. For starters, it holds two gambling licenses. As well as having a Curacao eGaming license, it is also the only
