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The Best Crypto Sports Betting Sites for May 2024: Top List of Crypto Betting Options

Last Updated on 17/05/2024
Fact checked by: Heather Williams

Welcome to our resource that’ll help you find the ultimate crypto betting sites. Perfect for anyone who wants to play with Bitcoin, Ethereum or any other cryptocurrency.

There’s been an explosion in the number of Bitcoin betting sites over the past few years, but there’s still a pretty big gulf in the quality of these sportsbooks. So this guide will simply show you who gives you a safe service, great odds and top offers like that Stake.com exclusive TGHSTAKE deal.

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Compare the best crypto betting sites

What are crypto betting sites?

Crypto betting is just like regular sports betting, except that you get to use cryptocurrencies like Bitcoin as opposed to standard money like dollars, euros, pounds and so on.

This means that you could sign up to an online sportsbook, make a crypto deposit and then use those funds to bet on any sport ranging from basketball and soccer through to MMA fighting or even esports. If you managed to make any winnings, you could then withdraw them back to your crypto wallet.

Different cryptocurrencies for betting

All good crypto bookmakers will commonly feature over a dozen different cryptocurrencies that all have their own pros and cons. Here are some of the most common cryptos that you might come across at sports betting sites:

  • Bitcoin: The original crypto which features at all crypto betting platforms.
  • Ethereum: The second-largest cryptocurrency and gives you the advantage of its close association with NFTs.
  • Litecoin: The original alt-coin which is like Bitcoin but faster to process and has lower transaction fees.
  • Dogecoin: A popular meme coin endorsed by Elon Musk which is up to 10 times faster than Bitcoin.
  • Tether: This is a stablecoin which has its value pegged to the US dollar.

Advantages of using crypto betting sites

More and more people are making the switch to using cryptocurrencies for betting. Here are some big reasons why this might be happening:

  • Play across borders: Cryptocurrencies aren’t regulated by any kind of government or financial institution. Instead, they offer you a way to pay for goods and services online without any third-party intermediary. As such, you can use cryptos to access betting sites even if they aren’t operating in your actual location.
  • Anonymity: Using cryptos to make sportsbook deposits has the advantage of the payment not showing up on your bank account. Plus you can often sign up to crypto sportsbooks with little more than just your email address.
  • Fast transactions: Cryptos are well-known for being fast. They are roughly on par with credit and debit cards for letting you make nearly instant deposits at online sportsbooks, but crypto withdrawals are some of the fastest around. Just remember that processing times will vary according to the sportsbook used and the current network activity.

Disadvantages of using Bitcoin betting sites

While betting with cryptocurrencies is attractive, the following factors should always be considered before you do this:

  • Transaction fees: You will normally have to pay a small transaction fee each time you use a cryptocurrency. For example, if you make a Dogecoin payment, then you might have to pay 0.0025 DOGE in charges. Thankfully most crypto sportsbooks won’t add any charges for making deposits or withdrawals.
  • Rogue operators: Be very careful about which crypto bookmakers you use, because there are a number of rogue operators out there. Only use the sportsbooks featured on our resource to know that you are getting a legal, safe and fair way to play.

Why Choose Bitcoin and Crypto Betting Sites?

  • Anonymous Betting: Enjoy betting without disclosing personal information.
  • Welcome Bonuses and Promotions: Benefit from lucrative welcome bonuses and ongoing promotions.
  • Diverse Betting Options: Access a wide variety of sports and betting markets.
  • Fast and Secure Transactions: Experience quick deposits and withdrawals with enhanced security.

Helping you find the best crypto betting sites

We’ve carried out extensive reviews of all crypto betting platforms to help you find the very best operators. While there are plenty of excellent Bitcoin sportsbooks out there, we found that Stake.com was head and shoulders above the competition when it comes to crypto betting.

This crypto sportsbook has all of the licensing and regulation it needs to give you a legal, safe and fair way to play, and it’ll give you confidence as you make your deposits and withdrawals with all of the biggest cryptos.

The odds at Stake.com are very competitive regardless of whether you’re betting prematch and live, and there will be the full range of markets for all major and minor sports. What’s best is that you can even use our exclusive ADDBONUSCODE offer to get a healthy 200% deposit match bonus up to $1,000 as well as a 10% rakeback on your losses.

Our favorite crypto gambling sites

Key ingredients of the best Bitcoin betting sites

Our crypto sportsbook reviews will always look for how the operator handles the following features before we recommend them to you:

  • Sports coverage: Does the bookmaker cover all major and minor sports?
  • Odds quality: How do the betting odds compare with those put on by other bookmakers?
  • Live betting: Is live betting available for all sports and are there extra features like cashing out early and live streaming?
  • Flexible limits: What is the minimum bet amount and will there be any cap on your winnings?
  • Welcome offers: What deals can you get for signing up to the sportsbook for the first time?
  • Usability: How easy is it to actually use the crypto betting platform?
  • Mobile betting: Is there a mobile app available or will you have to play from your browser?
  • Cryptos accepted: Does the sportsbook accept lots of cryptos or just the big ones like Bitcoin?
  • Customer support: How easy it is to get help from the online sportsbook?
  • Security and legality: Is the crypto bookmaker licensed and able to take care of your data and deposits?
  • Reward programs: What rewards can you get for sticking around with the crypto bookmaker?

Staying safe when using Bitcoin betting sites

Unfortunately, there are now lots of illegal sportsbooks that say they will take your crypto payments. These should be avoided at all costs. Not only are they acting illegally, but you’ll get nothing in the way of customer protection at these sites. Here are some trust factors that you should be looking for in any legit crypto sportsbook:

  • Licensing: We’d only recommend crypto bookmakers that are licensed and regulated by a recognised online gambling authority:
  • Encryption: You should only play at sportsbooks that have full SSL-level encryption on their sites to safeguard your data and deposits.
  • Clear terms: All good sportsbooks will have pages of terms and conditions that cover everything from how their sites work to how you can claim any special offers.
  • Good support: It’s essential that you are able to receive effective customer support should something go wrong with your bets.

How to bet with cryptocurrencies

You’ll find it so simple to use a crypto betting sportsbook. Follow this step-by-step guide to start betting with your favourite crypto coin:

  1. Register your sportsbook account: You can usually do this just by filling in the registration form with your email, and then come up with a username and password.
  2. Verify your identity: You may have to verify your identity by supplying some form of photo ID as well as a selfie.
  3. Get your welcome offer: Lots of sportsbooks give customers a welcome bonus for making a qualifying opening deposit. For example, using the TGHSTAKE code at Stake.com will get you a big deposit match bonus as well as rakeback on your losses.
  4. Make your deposits: Now you can go to the cashier section of the sportsbook, select which crypto you want to use, copy the deposit address, paste the address into your crypto wallet and then make your payment.
  5. Start betting: Once the money is in your sportsbook account, you can simply start betting with cryptos.

Finding your ultimate crypto based betting options

By checking the banners on our site, you’ll find lots of great options for betting online. It’s definitely worth shopping around these sportsbooks as they all have something different to offer. Here are some things to keep in mind when looking for your ultimate crypto sportsbook:

  • Consider the sporting focus: Some sportsbooks are good for sports like soccer and tennis, while others focus on other sports like football, hockey and basketball.
  • Check what cryptos are available: You’ll find Bitcoin and Ethereum at most crypto sportsbooks but you might have to search harder to find bookmakers who accept other coins like Cardano and Solana.
  • Using a betting exchange: Some betting sites operate as a betting exchange where you bet against other bettors rather than the sportsbook. It’s a little more complicated than regular betting but a good way to find better value odds. Just don’t forget to factor in the commission fees.
  • Examine the mobile betting options: Most crypto betting websites are mobile-optimized, meaning that you can play at them directly from the browser of your smartphone. However, some bookmakers have created their own crypto betting apps that give you an even more convenient way to play from the palm of your hand.

Simple tips for using crypto betting sites

Nervous about betting with cryptos? Then follow these tips for a good way to avoid any rookie mistakes while getting more from your bets.

Watch out for volatility

All cryptos are volatile by nature, which means that your crypto deposits one day might not be worth quite as much the next.

Factor in the fees

You’ll always have to pay transaction fees every time you use a crypto. While these might not look like much at first, they can significantly add up over the long-term. So consider making larger deposits and withdrawals rather than lots of smaller ones.

Use the promos

Crypto operators like Stake.com are well known for putting on deals for new and existing customers. These can operate in a number of ways to do things like giving you extra credit or even refunding your losses. Just remember to read through the terms and conditions of these deals first.

Try different betting markets

All good bookmakers will give you plenty of different ways to bet on a sporting event. Experiment with different betting markets and you might find greater value. 

Bet live on sport

Live betting is great fun and it’s also a good way to hunt down extra value with your bets. 

Conclusion - Your resource for finding more Bitcoin betting sites

We have shown you that there are plenty of things to consider when it comes to crypto betting platforms. After all, each sportsbook will have something different in terms of their odds, cryptos accepted and their overall service.

Despite this, we believe that Stake.com still gives you a good example of what you should be looking for in a crypto betting site. However, it’s worth noting that there are new crypto betting sites popping up all of the time, so check back here to make sure that you are always playing at the best crypto betting platforms.

Our favorite crypto gambling site bonuses

Crypto betting FAQ

📱 Who has the best crypto betting app?

Lots of top crypto betting sites have developed their own apps and our guide will tell you how to get them and use them. Perfect for anyone who wants to enjoy crypto gambling from the convenience of their smartphone or tablet. 

👍🏻 What are some good crypto betting tips?

Make sure that you read our guide to see some great tips that you can use at crypto betting sites. After all, from understanding which kinds of crypto betting bonus to get to figuring out how to find the best odds, there is plenty to think about when it comes to betting online.

🏆 Which are the best crypto betting sites?

Take a look at our guide to see which the best crypto betting sites are right now. We’ve taken a good look at all of the online sportsbooks that take crypto to simply show you who gives you the best service as well as the most competitive odds and the biggest bonuses.

❓ How do I use a crypto betting exchange?

We can’t have a guide to crypto betting sites without taking a look at how exchanges work. So make sure that you read our guide to see how betting exchanges offer you a whole new way to bet on sport. 

👮 Is it safe to use crypto gambling sites?

Check out our guide that gives you all of the information you need to figure out whether you can safely use Bitcoin betting sites from your location. This means that you can enjoy a legal, safe and fair way to use cryptos to bet on your favorite sport.

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