Sports betting with bitcoin

Bitcoin Sports Betting Sites

Every sportsbook is created equal and those who sign up with Bitcoin sports betting sites will soon realize why. Not only are the promotions and bonuses expanded with the use of the cryptocurrency, but the transaction times between depositing and withdrawing are almost nonexistent. With the increasing popularity of Bitcoin in 2021, legal sports betting with the currency is only set to become easier. Aside from the speed and benefits, using Bitcoin to fund your sportsbook account can also allow for more money to be sent back and forth, without any fees and bank holdings. Bitcoin has augmented offshore legal sports betting sites and those who use Bitcoin sportsbooks have yet to look back.

The cryptocurrency sportsbook funding craze happened a few years back when a federal law known as the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) started to gain more and more power. This law made using credit cards to fund sportsbooks a hassle and a half, so the books turned to Bitcoin to assist in the issues when it became more mainstream. Now, nearly every sportsbook accepts some form of cryptocurrency, with Bitcoin being the industry leader. Without a doubt, signing up at Bitcoin sportsbooks will allow you to see the benefits almost instantaneously.

Betting Bitcoin On The NBA Playoffs

The NBA Playoffs is the perfect time for betting fans to sign up and start placing action at online sportsbooks. With these legal sports betting sites accepting Bitcoin, players can bet on their favorite NBA teams. With Bitcoin betting NBA betting fans can not only quickly upload into their betting accounts and collect on their winnings. The NBA Playoffs will have games seemingly every day, which means players can have multiple winnings potential every single day as the playoffs wind down to the last two teams standing. There are also futures odds for each series and even betting lines available for how many games a given series will run. Betting on the NBA Playoffs is one of the best ways to partake in betting with Bitcoin.

Are Bitcoin Sportsbooks Legal?

It is definitely legal to bet on sports using Bitcoin to fund your betting account. International online betting sites that offer Bitcoin betting are not located within the US, making them unaffected by American legislation. This means that in all 50 states regardless of the state’s individual regulation, there are no legal ramifications for betting on sports at these online sportsbooks. This allows you to legally bet on whatever betting line is available as well as wager on the sports using whatever deposit and withdrawal method is available, which includes Bitcoin.

Online sportsbooks also offer bonuses for players who use Bitcoin as their deposit method as well. Bitcoin is one of the fastest ways to collect on your winnings and the cryptocurrency is accepting in many countries as well. Betting on sports with Bitcoin as your deposit method is legal and there is no risk of prosecution if you choose the cryptocurrency as your banking method.

How Bitcoin Sports Betting Sites Work

Depositing into your sports betting account with Bitcoin sportsbooks is done just as you would make a deposit with any other currency. Every transaction made using the coin is stored on the blockchain, assisting in added security measures for both the book and the player.

Locate the deposit page for the Bitcoin sports betting site and choose Bitcoin as your method. Enter the total amount you wish to add to your account, and the online cashier will provide you with their Bitcoin wallet address. You can then transfer your money from your personal wallet to that of the online sportsbook. Because cryptocurrency is open on the blockchain, the Bitcoin sportsbook of your choice will be able to receive your BTC almost as soon as you hit submit. Bitcoin remains the safest and quickest way to exchange money online.

If you are depositing with Bitcoin, you will also be able to receive crypto payouts from your Bitcoin sports betting site. These transactions have a 100% success rate and there are no fees associated with using Bitcoin. The instant transfer allows for a higher volume of money to be moved, and the limits are signficantly higher than options such as checks or money orders. Bitcoin sports betting sites also offer the fastest sportsbook payouts, with funds credited in as little as 15 minutes after your withdrawal request has been approved.

Sportsbooks That Accept Bitcoin + Promo Codes

All of the top sports betting platforms accept Bitcoin as a form of payment. In fact, Bitcoin is slowly becoming one of the most popular ways for members of internet and mobile sportsbooks to fund their accounts. Below you will find three of the top sports wagering outlets that accept Bitcoin along with any promo codes the individual sites are currently advertising for players that use the cryptocurrency as their preferred method of payment.

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The 5 Best Crypto & Bitcoin eSports Betting Sites in 2021

Looking for the best bitcoin eSports betting sites in 2021?

Choosing the wrong eSports bitcoin betting site may result in something like this:

Or, you can read my review to find out the best eSports crypto betting site for your needs.

That will, for sure, increase your chances of playing on a fair platform that will get your withdrawals processed quickly, and with low fees.

Easy decision, right? Read on.

Looking for the best bitcoin eSports betting sites in 2021?

Choosing the wrong eSports bitcoin betting site may result in something like this:

Or, you can read my review to find out the best eSports crypto betting site for your needs.

That will, for sure, increase your chances of playing on a fair platform that will get your withdrawals processed quickly, and with low fees.

Easy decision, right? Read on.

Choosing the wrong eSports bitcoin betting site may lead you to face important problems later on.

The 5 Best Crypto & Bitcoin eSports Betting Sites in 2021

You might be in a hurry. Totally understandable. Let’s highlight the key points for you.

eSports betting with bitcoin is a growing trend. There are dozens of eSports bitcoin betting sites available.

Let’s examine only the top five of them, so you can jump right in and start betting on eSports with Bitcoin right away.

The best eSports cryptocurrency betting sites in 2021 are Stake, Thunderpick, SportsBet, BetOnline, and 1xBit.

While they are all good eSports betting with Bitcoin sites, some of them will be better for your needs than others.

To find out which one(s) you should pick, read the following reviews of each of them.

#1 Stake

Stake is probably the best Bitcoin eSports betting site thanks to their easy to grasp user interface and the range of eSports games they offer.

Unfortunately, Stake does not offer a welcome bonus. So why are they number 1 on the list?

Because they make up for it with VIP perks, cashback, bonuses, a strong reputation, and a pleasant player experience.

Pros of Stake:

• Easy registration. Enter your username, password, and email address and you’re ready to play.
• Accounts are anonymous.
• 24/7 Live support.
• Stake takes care of their customers. They have publicly proved (on forums) to resolve disputes with players when they arise.
• Deposits and withdrawals available with BTC, ETH, LTC, BCH, DOGE, XRP, TRX, EOS.
• Withdrawals are instant.
• Huge VIP Perks.
• The design is simple and modern.
• Their site is available in eight languages: English, German, Russian, Portuguese, Spanish, Indonesian, Indian, Filipino.

Cons of Stake:

• No welcome bonus
• Bitcoin eSports betting in the US, Australia, and the Czech Republic is not available.
• No streaming service available yet.

eSports games available: League of Legends, Counter-strike, Rainbow Six, and DOTA bitcoin betting available

Cryptocurrencies available: BTC, ETH, LTC, BCH, DOGE, XRP, TRX, EOS

Restricted Countries: The US, Australia, and the Czech Republic.

eSports Cryptocurrency Bonuses: VIP Perks and promotions. No welcome bonus.

eSports Crypto Betting Rating: 9.3/10

#2 ThunderPick

Thunderpick focuses primarily on crypto eSports betting. This fact, along with an interesting design, makes Thunderpick one of the best eSports crypto betting sites despite its recent launch.

On Thunderpick, you’ll find eSports games like CS:GO League of Legends, Dota 2, and almost all the other major eSports.

Plus, your account remains anonymous if you stick to bet bitcoin on eSports without any fiat involvement in or out.

Pros of Thunderpick:

• Fast withdrawals (15 minutes on average)
• User-interface is great for newbies, friendly community on chat, ranks and daily rewards.
• You can deposit funds with BTC, LTC, ETH, XRP, USDT, and BCH
• You can also deposit fiat using Visa, Mastercard, Skrill, and more — but you won’t be anonymous anymore for obvious reasons.
• You can buy their own Thundercoin cryptocurrency for use on the platform.
• The customer service is available via chat and call 24/7.
• Their site is available in seven languages: English, German, Russian, Turkish, Portuguese, Spanish, Chinese.

Cons of Thunderpick:

• No reload bonuses — but they say they will add this feature soon.
• Not available for residents of the US, France, Netherlands, the UK and Northern Ireland, Poland, Sweden, and Malta.

eSports games available: Apart from League of Legends bitcoin betting, you can bet on CS:GO, Global Offensive, Dota 2, Overwatch, StarCraft 2, Heroes of the Storm, Hearthstone, Valorant, Rocket League, Fortnite, and NBA2K.

Cryptocurrencies available: BTC, LTC, ETH, XRP, USDT, and BCH.

Restricted Countries: U.S., France, Netherlands, U.K. and Northern Ireland, Poland, Sweden, and Malta.

Crypto eSports Betting Bonus: Up to 500 Euro deposit bonus using the code “CRYPTOMANIAKS”, plus a 5% bonus for new users on their first deposit.

eSports Bitcoin Betting Rating: 8.9/10

#3 Sportsbet

SportsBet is also a great Bitcoin eSports betting site.

Not only because they accept many cryptocurrencies, or because they have built for themselves a strong reputation in the crypto punters community.

But also because they offer some of the major eSports games to bet on, including eSoccer and eNBA games.

Pros of SportsBet:

• Excellent from a legal standpoint.
• They want to know their client base, which only helps the user experience.
• Accepts lots of currencies, including BTC, ETH, LTC, SOC, $US, $CA, EUR, INR, and more.
• Lots of payment methods accepted besides cryptocurrency: Visa, Mastercard, MuchBetter, Ecopayz, Paysafecard, and more.

Cons of SportsBet:

• Restricted to players from many other countries besides the US and UK.

eSports games available: Counter-Strike, Dota 2, League of Legends, Overwatch, Rainbow Six, eSoccer, eNBA

Cryptocurrencies available: BTC, ETH, LTC, USDT, SOC, TRX, XRP.

Restricted Countries: U.S., U.K., Australia, Estonia, Netherlands.

eSports Cryptocurrency Bonus: SportsBet runs various promotions on a regular basis. Check them out and make sure to opt-in if you want to participate.

eSports Bitcoin Betting Rating: 8.7/10

#4 Betonline

BetOnline is a top five bitcoin eSports site in the US, even though it’s accessible worldwide.

BetOnline launched in 2004 and has since built itself a reputation for being one of the few online Bitcoin eSports betting websites that accept US gamblers.

Pros of BetOnline:

• Apart from BTC eSports betting, you can deposit funds with lots of other cryptocurrencies, including BCH, XRP, ETH, LTC, and more.
• Available in lots of countries. BetOnline also accepts bitcoin eSports betting in the US, Canada, the UK, and many more.
• High bonuses when betting with bitcoin.
• Proven track record of customer support and security.
• The customer service is available via chat and call 24/7.

Cons of BetOnline:

• BetOnline doesn’t have an easy-to-use website.
• You can’t directly bet bitcoin on eSports, as BetOnline will convert your crypto deposits to USD — and back when the time comes to withdraw your winnings.

eSports games available: League of Legends, Counter-strike, Rainbow Six, Starcraft 2, Valorant, and DOTA bitcoin betting available.

Cryptocurrencies available: BTC, BCH, XRP, ETH, ETC

Restricted Countries: Almost none. It’s pretty much worldwide.

Crypto eSports Bonus: 50% welcome bonus up to $1,000, 100% first-time crypto deposit bonus, and many more! Find more bonuses here.

eSports Bitcoin Betting Rating: 8.4/10

For more insights, you can read the full review of BetOnline

#5 1xBit

1xBit was launched back in 2016 and is one of the highest-rated cryptocurrency eSports betting sites due to its extensive list of games, promotions, and languages.

1xBit is also anonymous. This should be great for everyone who wants to bet bitcoin on eSports. Apart from BTC, they also accept more than 20 other cryptocurrencies.

Pros of 1xBit:

• Anonymous — no personal data required at all.
• One-click registration and easy account setup.
• Lots of bonuses & promotions. Welcome Package up to 7 BTC (use the promo code “1xb_13206”when registering). They also offer cashback to their casino players.
• Apart from BTC eSports betting, 1xBit accepts 24 other cryptocurrencies including ETH, LTC USDT, PAX, OMG, LINK, and many more.
• Plus, 1XBit offers a multicurrency account, which means that you can use several cryptos at once.
• The website is available in 60 languages.

Cons of 1xBit:

• The user interface is very rich — you may need some time to fully adopt it.
• Cryptocurrency deposits and withdrawals only — no fiat support.
• It’s unclear where 1xBit operates from, as they chose not to disclose this information.

eSports games available: Apart from League of Legends bitcoin betting, you can bet on DOTA 2, Counter-strike, Rainbow Six, Starcraft 2, and TCL Academy.

Cryptocurrencies available: Apart from BTC eSports betting, there are a total of 24 other cryptocurrencies available such as ETH, LTC USDT, PAX, OMG, LINK, and more.

Restricted Countries: UK and US bitcoin and eSports betters may be limited.

Crypto eSports Betting Bonus: Welcome package of up to 7BTC, available for your 4 first deposits! Read the bonus terms & conditions. Use the promo code “1xb_13206” when registering.

eSports Bitcoin Betting Rating: 8.4/10

6 Factors To Consider When Choosing Your Bitcoin eSports Betting Site

Now that we’ve examined the best eSports crypto betting sites, you might be debating about which one (or two) that is the best for you.

Here are a few factors to think about to make your final choice.

#1 Restricted Countries

At the top of your list of factors should be the question of your ability to play on the site. Are you legally allowed to?

Some of these sites, like Betonline, require KYC verification.

So if you are on the restricted list, you won’t be able to play.

Some sites like Stake and 1xBit offer full privacy to their players, thereby limiting some of the geo-restrictions.

Other sites like Thunderpick let you keep an anonymous account only if you use crypto to deposit.

#2 Reputation and Trust

Second on your list should be the reputation of the site. This article strives to list the sites mainly according to their reputation.

Of course, you can play on a bitcoin eSports betting site with a low reputation factor, but then, be sure to only bet and hold an amount you’re okay with losing in case things go sideways.

#3 eSports Available

Are you a fan of only the big three eSports? If so, then all of these sites will fit your needs.

But if you’re a fan of more diverse eSports, then Thunderpick specializes in eSports betting with bitcoin across major and minor sports.

Also, consider the fact that you might branch out to other eSports in the future.

In that case, you might want to go with a site that has a reputation for keeping up with the bitcoin eSports scene, such as Thunderpick.

#4 VIP Programs and Bonuses

Are you a casual eSports crypto betting type of person?

Casual players who only visit a few times per week or month may not be interested in VIP programs. But if you visit often, then consider going with an eSports bitcoin betting site that offers solid VIP services, like Stake.

Either way, whether you are a casual player or visit often, consider which bonus program appeals the most to you.

#5 Payout and Withdraw Speeds & Terms

Not all these eSports crypto betting sites offer the same withdrawal speeds or terms, even though they all accept withdrawals and deposits in crypto.

For example, Stake processes withdrawal pretty much instantly, while with BetOnline, you may need to wait a few days to receive your funds.

That’s because all sites have different policies when it comes to authorizing withdrawals.

Plus, some coins take more time than others to process, especially if the site stores their crypto funds in cold wallets or other secure methods.

Figure out if you’re okay with waiting longer, or if you’ll need your crypto ASAP.

#6 Customer Service

The last — but a no less important factor to consider for the best eSports bitcoin betting site for you is. how easy and fast is the customer service.

If you enjoy eSports betting with bitcoin and do it frequently, then eventually, a problem will rise up.

It may be a big one or a small one. If your site of choice handles your concern quickly and well, then you’ll feel safe about betting there.

My advice: test the customer service before depositing your funds!

Bitcoin eSports Betting vs Traditional eSports Betting

eSports betting with bitcoin is a new phenomenon.

There are some companies like Kordspace who even offer development packages leveraging AI and Machine Learning to create apps that scan eSports competitions to see who will be a favorite to win.

Overall, there are benefits to eSports betting with bitcoin versus fiat. Of course, there are cons too.

Let’s examine all the points.

Point 1: Financial Privacy

Some of the best eSports bitcoin betting sites like Stake and 1xBit offer full privacy thanks to cryptocurrency payments.

Such financial privacy keeps your activities hidden from your banks, credit rating agencies, and let’s be honest, your spouse too.

Financial privacy at the best Bitcoin eSports betting sites = financial freedom.

Freedom to do what you want with your hard-earned money.

Point 2: Low Fees

Traditional eSports betting sites must use fiat and all the KYC and transfer protocols that go along with that.

Thus, you are stuck with heavy fees: credit card fees, deposit and withdrawal fees, etc.

eSports crypto betting sites have a strong advantage here.

Transferring Bitcoin and other cryptocurrencies saves a lot of money and time when compared to other options.

In fact, a recent study showed that transfer fees with Bitcoin and crypto could be as much as 90% less than traditional bank transfer fees.

Point 3: Bet From (Almost) Anywhere

Gambling of any kind, even on eSports is under strict regulations.

Betting sites must obtain licenses for each country, pay fees, taxes and report suspicious activities to each of them, etc.

Traditional betting sites will block you because of where your IP address, credit card, or bank transfer is coming from.

But some of the best eSports Bitcoin betting sites that offer deposits and withdrawals in cryptocurrencies might not be under the same restrictions.

This allows some of them, like Stake and 1xBit, to operate anonymously and accept players worldwide.

Point 4: Better Bonuses and Rewards

Why do best eSports bitcoin betting sites offer better, bigger, and more frequent bonuses than traditional fiat based betting sites?

Cryptocurrency transactions cost less to process. This helps them save money on deposit and payout fees, chargeback fees, and more.

They then pass on some of these savings to you in the form of frequent bonuses and promotions.

Good for everyone.

Point 5: Watch Out For No ChargeBacks

One benefit of traditional eSports betting sites is that you can request a chargeback on your card if you feel the site has treated you unfairly.

You cannot do that with cryptocurrency.

One of the advantages of Bitcoin and cryptocurrencies is that all transactions are permanent, without any 3rd party involved.

But that also means you need to be more responsible and careful when sending your crypto because you cannot get it back.

This is why choosing a licensed BTC eSports betting site might be important for some players.

Point 6: Keep in Mind the Volatility of Crypto

If you bet $10,000 worth of BTC and win 20% of your initial bankroll, it won’t feel like much of a win if the price of Bitcoin sinks so much that your withdrawal is only worth $5,000.

This is a risk that simply cannot be avoided at this time.

Perhaps in a decade, the price of bitcoin will be more stable, but right now it isn’t.

Play with an amount you’re okay with seeing go up, down, and sideways in terms of value.

Or make sure to withdraw when you win and then send your crypto somewhere you can exchange for fiat or a stablecoin.

New To Bitcoin eSports Betting? Here’s How To Get Started

Crypto eSports betting is quickly rising in popularity, and for a good reason.

Watching skilled players can be just as fun as actually playing the game yourself.

Plus, there’s the volatility of cryptocurrency to multiply the risk and the potential rewards.

It wouldn’t be surprising if in a few years, eSports became a worldwide phenomenon that rivaled traditional sports.

So it’s better to get in on eSports betting with bitcoin sooner rather than later. That way you’ll have more experience before the crowds come.

To get started, you’ll need some Bitcoin/crypto. Here is one of the best options to buy some today. The reason why we recommend this exchange for eSports betting is because they have no policy against the use of their website for gambling purposes, as opposed to most crypto exchanges out there.

You can also read our guide on how to invest in Bitcoin. It is also applicable if you want to buy Bitcoin to bet on eSports.

Then, here are the steps you should follow once you have your first piece of Bitcoin.

1. Transfer the amount of funds you’ve decided is right for you into the eSports crypto betting site of your choice. Here’s a guide on how to send Bitcoin that should be helpful.
2. Place your bets and enjoy the games.
3. Withdraw your winnings back to your exchange or to one of the better hardware wallets. For eSports betting with bitcoin sites, the process of sending BTC is always the same.
4. Rinse and repeat!

To Sum It All Up.

I love bitcoin and eSports. I’ve played League of Legends and CS:GO, and I’ve seen them played by champions on Twitch.

One day, there may even be AI chatbots that play the role of announcers for eSports games.

Or, for example, you may be able to buy the eSports autographs of your favorite champions using blockchain technology and then see the autographs in Augmented Reality.

The future of bitcoin and eSports is bright, there is no doubt. eSports and cryptocurrencies will be forever linked. And the sooner you jump in, the easier and better.

That’s it for my comparison of the best bitcoin eSports betting sites. I hope you enjoyed digesting it as much as I did putting it all together.

Have you ever used a bitcoin eSports betting website? Is there any missing on my list?

Let me know your thoughts in the comments section!

More Awesome Resources:

Are bitcoin eSports betting sites legal?

Yes. Betting on eSports with Bitcoin is legal as long as you can bet on eSports with fiat funds too. Bitcoin and crypto is simply another funding source. So check your local laws to see if you can bet on eSports — if you can, then using Bitcoin is faster and cheaper than using fiat to place your bets.

Pros & Cons of placing eSport bets with crypto?

Faster deposits and withdrawals.

Cheaper deposits and withdrawals.

If you don’t double-check your address or mistype it, your deposit or withdrawal may be gone for good. Always double-check!

Crypto volatility may increase or even decrease your winnings and your funds.

What’s the best crypto eSports betting site in your opinion?

The best is the one that allows you to play legally. After that, be sure it meets your needs: has the crypto you want to use, doesn’t limit your withdrawals too much, is safe and reputable, and has good customer service. After that, you can see if they have a fun community to join too.

The difference between bitcoin and traditional eSports betting?

Transaction speeds and costs. Most eSports betting sites treat bitcoin as simply another funding source. So the main difference comes down to how fast you can deposit your funds and start playing. As well as how cheaply you can move those funds in and out of your eSports site account. Bitcoin beats fiat in both of those.

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