Best Crypto Betting Sites

As such, if you’re looking for cryptocurrency online sportsbooks, you’ll have to dig a little deeper than most punters. Most big brands and industry leaders don’t even allow Bitcoin, let alone lower-profile cryptos. As such, you’ll have to make do with specialized sites designed specifically around cryptocurrencies. This fact comes with both upsides and downsides.

On one hand, sites for cryptocurrency betting have a clear direction centred around crypto users. The whole service is designed around that one niche of online sports betting, which can be great. The experience of depositing cryptocurrency for betting tends to be quick, simple, and seamless. Even withdrawals are usually instant, which gives them a clear advantage over fiat currency.

On the other, cryptocurrency betting sites are hard to trust as it is. Because of the anonymous nature of crypto payments and the law’s unclear and unregulated stance on them, crypto bookmakers can pretty much operate without a license. This lick of regulation gives them a bad rep, and not all of it is undeserved. Once you throw in the fact that most of them are not a part of trustworthy, well-known big brands? Looking for top cryptocurrency betting sites can be tricky and somewhat dangerous.

That’s why Betting Fellow exists, though! Our bookmaker reviews ensure that you only bet with safe cryptocurrency sportsbooks. Let’s take a look at a few.

Top Cryptocurrency Bookmakers List

Before we begin, we should make a few important notes. First of all, you’ll notice that these aren’t exactly market leaders in the world of online sports betting. As we’ve already explained, you can’t go with the big names if cryptocurrency betting is your thing. A few top sites have expanded into the territory, but they’re the minority. Needless to say, we can still safely call these sites reliable, proper online bookmakers.

Secondly, we have to note that we’ve already devoted a page to the best Bitcoin betting sites. That list will naturally have a lot of overlap with this one, but we tried to expand our parameters. For one, the selection of cryptocurrencies available for payments played a big role in deciding which sites end up on this list.

1xBit

Those with any experience with crypto sports betting probably saw this one coming. It’s a fairly obvious pick, but there’s a reason for that. 1xBit is a perfect example of what happens when a leading online bookmaker dials down and focuses on creating a workable, top-shelf crypto betting site. In this case, it’s 1xBet, one of the biggest online bookmakers when it comes to regular fiat wagering.

1xBit is a separate brand, however, and it was built from the ground up specifically to be a top crypto betting site. One thing is for sure – it has the crypto part of it settled, in more ways than one. 1xBit easily beats all the competition currently out there in terms of the sheer number of available cryptocurrencies. Besides the obvious choices of Bitcoin, Ethereum, and DASH, 1xBit accepts over 30 different currencies. Moreover, it can have instant, integrated transactions through more than 60 cryptocurrency exchanges.

Everything else is mostly identical to the site’s parent 1xBet – and that’s a great thing. It means that the site boasts some of the best betting odds on the planet, complete with lucrative promotions and a world-class variance in available sports, events, and markets. 1xBit would be an incredibly strong sportsbook even if we took the crypto payment options out of the equation. As it is, picking 1xBit should be a no-brainer if you’re just looking for a solid all-around choice. Betting with cryptocurrencies is too young of an industry to have an industry standard. If we were to make one, though, it would be around 1xBet.

Stake

It’s difficult to call a site the ‘new kid on the block’ in this particular niche, but we can refer to Stake that way. The site was founded in 2020 specifically for crypto betting, and they immediately got a lot of things right. The advantage of Stake is that they took an honest look at why someone would bet with crypto instead of fiat. They then decided to play to their strengths.

Stake offers absolute anonymity to its users, which was welcome by punters such as those from the US. There are no KYC verifications to worry about here – all you need is a username, e-mail, and password. You’ll also need a cryptocurrency exchange to make your transactions, but that’s pretty much a given.

This might sound shady to the uninitiated, but Stake quickly established a decent rapport with its users. The company also boasts a Curacao remote gambling licence – not the most respected of licences, but enough to put your mind at ease. With a payout rate well above 96%, you can trust that you’ll be able to get your hands on your winnings when the time comes.

Beyond that, Stake’s offer is a bit undeveloped but solid enough to go toe-to-toe with industry leaders. The bookmaker margin sits comfortably around 4%, which is quite impressive. Throw in over 1,000 daily live crypto betting events, and it’s a winning combination. There are some kinks to smooth over, mind you – namely the lack of auto cash-outs and somewhat ineffective customer support. These are minor things in the grand scale of things, though. With more than 8 accepted cryptocurrencies for betting, most crypto betting fans will find what they’re looking for at Stake.

Sportsbet.io

A common issue surrounding top sites for cryptocurrency betting is that they only ever allow cryptos on their platform. We’re aware that some players would enjoy using their favourite sportsbook for both cryptos and fiat currencies. If that sounds like you, look no further than Sportsbet.io.

Being a fiat online sportsbook means that this site boasts all the licensing and regulation of legal online bookmakers require. On top of that, however, Sportsbet also accepts 7 highly popular cryptocurrencies, which you can deposit and withdraw directly to and from your crypto wallet. The variety of available cryptocurrencies is not exactly jaw-dropping, but the fact this bookie also accepts a decent range of fiat currencies makes up for it. We’ve noticed a big focus on payment options, of which there are many. Quick, easy, and commission-free deposits and withdrawals mark this site as one of the best of its kind.

Beyond that, Sportsbet.io is a rather well-rounded online sportsbook with plenty to offer. You can choose between dozens of sports, each with thousands of events for betting daily. There’s plenty of markets to choose from as well, all delivered with a reasonable house edge of just under 4.5%. We even hear good things about the casino section of the site.

If you’re the kind of player that likes to mix and match crypto and fiat currencies, Sportsbet.io is your best option.

Cloudbet

At first glance, Cloudbet seems like any other bitcoin betting site out there. The look and interface is pretty much a carbon copy of some of its biggest competitors – which is not necessarily a bad thing. We merely mean that Cloudbet has a tough time standing out from the crows. Nevertheless, there’s plenty to like about it, as it easily ranks as one of the best cryptocurrency bookies out there. It’s also quite old for a crypto betting site, dating back to 2013.

First of all, the welcome bonus is just ludicrous. Up to 5 BTC doesn’t grab your attention as much as it should – remember that we’re talking about potentially tens of thousands of dollars. The best part is that it’s not even the only betting promotion on offer at Cloudbet.

We all know that bonuses alone do not make a bookie great, though, so what about the rest of the sportsbook? While the variety of sports is not exactly impressive, the 20-odd categories should be enough for most punters.

Moreover, the site boasts a dedicated esports betting section, which some of you will be happy to see. The excellent betting odds are Cloudbet’s true selling point, with under 2% margins on select sports and events.

All in all, though, the United States are the main region Cloudbet targets. That’s why you’ll often find the best betting offers reserved for NFL, NHL, and NBA betting. The focus on cryptocurrencies works quite well for America’s gambling laws, though, which makes Cloudbet one of the best online sportsbooks in the US.

22Bet

While 1xBet created an entirely separate cryptocurrency bookmaker, another big-brand online bookie decided to simply open up their site to cryptos. That big-brand site is the renowned 22Bet, a very well-known name in online gambling circles.

The advantages of such an approach should be clear from the get-go. 22Bet is a renowned online betting site with thousands of customers worldwide and a healthy backing of gambling licences and certifications. It’s a trusted brand, so you’re not likely to run into any problems with withdrawals or customer service.

On the other hand, cryptocurrency transactions will always take a backs seat to traditional fiat wagering. That means no bonuses when using cryptos and up-and-coming new currencies are not likely to get added to their roster of accepted currencies. You’ll also have to deal with KYC verification.

If that doesn’t sound like a big problem for you, 22Bet is a great pick. They boast hundreds of sports, markets, and sporting events on offer with live cryptocurrency betting options every day. Moreover, you can also use fiat currencies if you ever feel the need to switch back. 22Bet is a great choice for punters who have experience with traditional bookmakers but want to try out cryptocurrencies. If you end up not liking using cryptocurrencies for sports wagering, you can simply use 22Bet as any regular bookie.

How To Use Crypto to Bet Online?

We often get this question from beginners looking to start betting online with cryptocurrencies, but the answer is not that simple. Don’t get us wrong – the actual process is much quicker and easier than with regular fiat currency.

However, there are dozens of cryptos out there and even more ways to store and transfer them using exchanges. As such, the process depends on a lot of things. First of all, you will need some cryptocurrency available in a cryptocurrency wallet. This is arguably the most complex part of it, though the details are far beyond the scope of this simple guide. Essentially, you’ll need an exchange site to turn your cash into a cryptocurrency, and then a wallet to store said cryptocurrency. Once that is settled, you can already deposit to the betting site. Go to the cashier section of the site, usually marked as “deposits”. Once there, find the option for the cryptocurrency you want to use.

You will be shown a cryptocurrency address instead of the usual options for payment methods. For example, an address for Bitcoin transfers is a string of 26-35 characters. Think of it as a bank account number – it’s where you’ll need to send your cash for the deposit. Sites often offer an option to get the address as a QC code. This address is unique to your sportsbook account, which means the bookie will always know how much you deposited. This means you do not need to specify a number on this end of the transaction. Instead, go to your wallet and select the option to make a payment. Specify the amount of currency you want to transfer, copy and paste the address into the corresponding field, and voila! Your funds should be immediately available at the betting site. To withdraw, you just have to do it the other way around. Go to the withdrawal section of the betting site’s cashier and select the currency you’re using. Copy and paste your address from your wallet into the address field. Specify the amount you’d like to withdraw, hit ‘send’, and your currency will be available for use in your wallet.

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