Pros and cons of blockchain betting
Blockchain betting: Pros & Cons
- Complete anonymity
- Large selection of sports
- All bet types covered
- Rapid withdrawals
- Payments are irreversible
- Lack of support for transactions
Best 10 blockchain sports betting sites in 2024
Discover our top-rated blockchain bookmakers below.
| Sportsbook | Bonus |
| Sportsbet.io | Win up to 250 USDT in top football leagues |
| Stake | 200% deposit match bonus, up to $1,000 |
| Dafabet | 160% up to 200 USDT + 50% up to 400 USDT |
| Parimatch | 150% bonus, up to $250 |
| 1xbet | 100% bonus, up to 100 USD |
| Unibet | Second chance bet up to $50 |
| 22Bet | 100% deposit bonus |
| 20Bet | 100% deposit bonus, up to $100 |
| N1Bet | Cashback up to $200 |
| Betwinner | 100% match bonus, up to $100 |
A closer look at three of our favorite sportsbooks
Stake.com
Stake.com: Pros & Cons
- Accepts several cryptocurrencies
- Rapid payouts
- Hosts lots of betting events
- 40+ sports available
Stake.com is recognized for its well-rounded betting experience from its impressive promotions, excellent support, fast payouts, and major sports coverage.
Dafabet
Dafabet: Pros & Cons
- Easy-to-use website
- Mobile responsive platform
- Accepts crypto and fiat currency
- Major and niche sports
Dafabet covers most major sports including cricket, tennis, football, American football, MMA, and basketball. Whether you are interested in pre-game or live betting, you will find plenty of options.
Betwinner
Betwinner: Pros & Cons
- 1,000 daily events
- All major sports
- Mobile app for iOS and Android
- In-play betting
- Limited access in some regions
Betwinner offers an easy betting experience with its dedicated mobile app, live betting options, easy deposit processing, and 24/7 customer support.
Your guide to starting on a blockchain sports betting site
Let’s explore the key steps to getting started with blockchain sports betting.
- Picking a betting site - Choose your favorite sportsbook from our list.
- Creating an account - Register your new account by completing the sign-up form.
- Purchasing crypto - Buy your crypto coins such as Bitcoin or Ethereum.
- Prepping your crypto - Decide between either hosted or non-custodial wallets.
- Verifying your deposit details - Check your crypto wallet address.
- Making a deposit - Deposit funds into your account via the blockchain for super speed and security.
- Let the betting begin - Your funds will appear instantly, so you can get started with blockchain betting without delay.
- Cashing out - Once you have some winnings, you can request a rapid payout using the blockchain.
More top blockchain supported sites
Bet365 Review
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Subject to meeting qualifying criteria. Minimum wager $5. Minimum odds -500 or greater. $10 minimum deposit. Paid in Bonus Bets. Bonus Bets wager excluded from returns. New customers only. Available in app only. Max. prize, game restrictions, time limits and T&Cs apply. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
BetMGM Review
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
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Selecting the right blockchain sports betting site for your needs
It can be difficult to know which blockchain betting sites are the best for you. Here are some aspects to take into consideration.
Payment options and crypto choices
A bigger variety of payment methods means more flexibility for you, so you should look out for blockchain betting platforms that are always adding more to evolve with market growth.
Checking withdrawal times and limits
Blockchain payments such as on
Cardano betting sites
boast rapid transactions for deposits and payouts. However, some blockchain sports betting sites may have additional verification steps. Make sure you understand all the steps required, so you can get your funds quickly. You should also clarify the minimum and maximum limits, to make sure they align with your budget.
Variety in sports and betting markets
The best sports betting blockchain sites offer a large selection of sports such as football, baseball, basketball, and tennis. You should also look out for live betting options and competitive odds.
Consider your country of residence
Not all sportsbooks that offer
crypto betting
will be available in your region, so it’s important to check that your chosen platform accepts bettors from your location.
Combine our betting blockchain reviews with real customer ratings, which can be found on independent review sites and forums. Search online for genuine feedback and experiences to gather a consensus on the brand's reputation.
Explore promotions and bonuses
Top blockchain betting sites offer welcome bonuses and ongoing promotions to all players. But make sure the types of available bonuses suit your betting style and the requirements are reasonable.
Great customer support is essential for any successful betting site. Look out for the main options including live chat, email support, and a good FAQ page.
Opt for end-to-end crypto betting
Sites that offer blockchain esports betting are ideal because they allow you to use crypto to place your bets, so you don’t have to worry about conversions or fees. Whether you are interested in
Tether betting
or other crypto coins, make sure you check how the crypto payments system works before registering.
How we evaluate blockchain sports betting sites
We have a strict review process that highlights the best-performing sites. Here’s a look at how we approach this to make sure we only recommend the best of the best.
1. Starting the journey: Registration
To kickstart our review process, we register a new account to experience the journey of real users. This also allows us to see how easy the registration process is.
2. Adding funds
We explore the full range of payment methods, both fiat options and cryptocurrencies, before making a deposit to see how smooth the process is.
3. Placing bets
Once our funds have been added, we head to view the list of available sports. We review the variety of sports, the betting markets on offer, the availability of live betting, and we assess how competitive the odds are.
4. Help when needed
To make sure you receive the best support possible, we test out the customer support options. We are looking for knowledgeable agents who respond proactively and in a timely manner.
5. Cashing out
We want to know just how easy it is to get your winnings, so we evaluate the available methods, fees, and processing speeds.
6. Real experiences: Feedback from real players
To help us create a review that you can trust, we also consider genuine feedback from real customers - combining real experiences with expert knowledge.
Our unbeatable bookmakers
Top sports for blockchain betting
Whether you are looking for
Monero betting
sites or prefer other crypto coins, you deserve access to the best sports. Here’s a list of the most popular sports you will find on any betting platform that we recommend.
Football: The global giant
Football is one of the most popular sports in the world and it’s hard to imagine any
decentralized betting
site not offering it.
Basketball: A slam dunk choice
Basketball has a huge following and it attracts thousands of bettors. The best blockchain sportsbooks offer a variety of basketball betting options.
Tennis: Rallies and returns
Tennis betting is unlike any other betting experience, which is why it attracts so many sports bettors.
Boxing and MMA: Power punches
Whether you are into MMA or traditional boxing, there are a whole host of options. If you are looking for fast-paced action, this may be ideal for you.
eSports: The digital arena
Blockchain esports betting sites offer popular options such as DOTA 2, CS:GO, and LoL. Unlike the other sports, these are professional computer game contests and present a diverse range of betting options.
Betting options at blockchain sportsbook sites
Blockchain betting provides the opportunity to get involved in a variety of bet types. Whether you are interested in blockchain betting exchange or more traditional bets, these sites have you covered.
The spread of bets
All sports offer unique bet types but you can look forward to moneylines, totals, spreads, and so much more.
Crypto as your stake
Many sportsbooks allow you to place wagers with cryptocurrencies such as Bitcoin, Litecoin, and Ethereum. In fact, plenty of sportsbooks even reward you with crypto-bonuses on deposits.
Decoding betting odds on blockchain sportsbooks
If you aren’t too familiar with reading betting odds, we understand it can be confusing. Right here, we will break down betting odds for you.
The essence of betting odds
All in all, odds simply predict how likely it is for a specific event to occur. Whether that’s a player scoring a touchdown or a team winning a game, for example. The sportsbook will set odds based on historical data, analysis, and any other variables such as player injuries.
Types of odds you’ll find
You will usually find three different odd formats - Fractional, Decimal, and American. All of these do the same thing, allowing you to work out a potential payout.
Understanding payouts and odds
Payouts are what you can win if your bet is correct. The odds influence these payouts, as lower odds mean smaller payouts and vice versa.
Odds calculators help you to work out exactly how much your potential winnings could be before you even place a bet. This allows you to make an informed decision.
Drawbacks of blockchain sports betting sites
While blockchain sportsbooks are incredibly popular, they aren’t without their pitfalls. Here are some of the downfalls that we think you should consider before registering.
- Irreversible payments
- Blockchain payments may be exceptionally fast but they are not refundable. Once you have processed your deposit, you cannot stop the transaction.
- Limited support -
Unlike with fiat currencies, there isn’t as much support if you have an issue with a transaction or need to start a dispute.
- Not beginner-friendly
- In order to start sports betting with crypto, you need to understand exactly how it works. Before you can get started, you need to learn all about crypto payments which can be daunting.
Wrapping up the best blockchain sports betting sites
Using blockchain technology to place sports bets is incredibly popular, and for good reason. It boasts rapid payouts, and instant deposits, and is available at hundreds of different gambling sites.
Whether you are interested in football, basketball, baseball, tennis, or even golf, you can find it all on these sites. Live betting and streaming may also be available at certain sites, for fast-paced betting.
Plenty of sportsbooks even offer bonuses and promotions on crypto deposits, allowing you to take advantage of a whole host of deals. All in all, this modern payment solution provides full flexibility and many sports betting opportunities.
Try these top betting bonuses
Blockchain betting FAQs
🏀 How does blockchain sports betting work?
These types of online sportsbooks use blockchain technology to process payments, which offers incredibly fast transactions.
⚽ How is blockchain sports betting different from traditional sports betting?
Fiat currency works directly with your bank account or digital wallet of some form. Whereas cryptocurrencies use the blockchain to process payments with complete security and anonymity.
💳 How is blockchain sports betting more secure?
Blockchain technology has strict security measures which means that it is incredibly difficult to be hacked or subjected to fraud.
💲 What are the benefits of blockchain sports betting?
Blockchain payments are much faster than traditional payments, whilst also boasting fewer fees. You can also take advantage of anonymity, as you never need to disclose your bank account details.
⚾ What are the risks of blockchain sports betting?
It is important to keep in mind that all blockchain payments are irreversible and cryptocurrency prices can be volatile.
📱 Where can I find the best odds for blockchain sports betting?
The best place to start is right here on this page. Check out the above list of recommended sportsbooks for some of the most competitive odds. You can also refer to our banners on this page for even more top-rated bookmakers.
