Best Crypto & Bitcoin Sportsbooks – December 2024
- VIP Programme
- Anonymous Gambling
- Responsible Gaming Tools
4.2
- Fast payouts
- Low Deposit
- userfriendly
4.9
- Personalised bonus offer
- Provably Fair Games
- Sportsbook with eSports
- Top game developers
- 24/7 Live Chat
4.9
- Personalised bonus offer
- Provably Fair Games
- Low House Edge
- Crypto Casino
- Fast payouts
- Poker tournaments
- Popular casino
- Sportsbook with eSports
- Some of the best odds
4.5
- Daily Cashback
- 89 live casino titles
- crypto rewards
4.6
- Live Casino
- Generous welcome bonus
- Large selection of games
- Many cryptos available
- Live Chat
- Free Faucets
4.6
- Wager Free Bonus
- Shared House Profits
- Free Faucets
- Native tokens
- No wagering requirements
Ranked: Our Crypto Betting Gambling Site Picks
- Playbet: Welcome Bonus of up to 4 BTC
- Gamix: Free Cash VIP Program
- Stake: Best for Exclusive dappGambl Bonus of 200% up to $1000
- RakeBit: Best New Betting Site
- BC.Game – Best Overall Betting Site
- Betplay: Bitcoin Lightning Network
- Cloudbet – Best for Range of Cryptos
- Bets.io: Great Sportsbook & Casino
- Bitstarz: A Reputable Casino
- Coins Game: Free Jet Box
- Joya Casino: 50 Registration Free Spins
- BetFoxx: Many Deposit Bonuses
- Betfury – Top Community-Based DeFi-Focused Site
- LuckyBlock – Best Native Token Casino
Best Crypto Betting Sites Reviewed
1. Playbet: Welcome Bonus up to 4 BTCs
Playbet is our top casino that accepts cryptocurrency. It has a beautiful and easy design. New players can get a big welcome bonus on the first 4 deposits. It supports many popular cryptocurrencies and Credit cards.
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Cryptocurrencies |
---|---|---|---|
Up to 4 BTC and 800 free spins | 40x | $30 | BTC, ETH, USDT, XRP, LTC, TRX, ADA, DOGE, BCH, DOG |
- Pros
- Huge welcome bonus
- Many provides
- Many cryptocurrencies supported
- Cons
- Above average minimal deposit
2. Gamix – Free Cash VIP Program
Gamix is a relatively new crypto casino that accepts many popular cryptocurrencies. Players can benefit from great bonuses, promotions, and VIP program. Sportsbook and many games from popular providers are available to choose from.
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Cryptocurrencies |
---|---|---|---|
Up to 225% and $1500 + Free Bets and Spins | 40x | $10 | BTC, ETH, USDT, XRP, TRON, LTC, DOGE, BCH, AVAX |
- Pros
- Decent bonus terms
- Free cash and free spins
- Great VIP program
- Cons
- New casino on the market
3. Stake – Best for Exclusive dappGambl Bonus of 200% up to $1000
Stake Casino is the most popular online crypto casino with millions of players worldwide. For that reason, we have prepared a special exclusive bonus for the new players. Casino supports many cryptocurrencies and card payments like Visa and Mastercard. Support is always ready to help especially if you become one of their VIP players.
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Cryptocurrencies |
---|---|---|---|
200% up to $1000 | 40x | $100 | BTC, ETH, USDT, XRP, TRON, LTC, TRX, ADA, DOGE, BCH |
- Pros
- Top notch VIP program including rakebacks and weekly promotions and rewards
- Very transparent operator
- Exclusive bonus
- Cons
- KYC required
- No fiat payments
4. RakeBit – Best New Betting Site
RakeBit is a new crypto betting site established in 2024 by Tech Group BL Limitada company and licensed in Costa Rica. Sportsbook offers a compelling 50% Free Bet up to 100 USDT welcome bonus, as well as other promotions and a VIP program that delivers exceptional rewards. It has popular sports available, and eSports section with titles such as Dota2 and CS:GO.
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Cryptocurrencies |
---|---|---|---|
Welcome Bonus of Up to 200 Free Spins | All deposits must be wagered 1x | 1 USDT | BTC, BCH, ETH, LTC, DOGE, XRP, SOL, BNB, USDT, TRX, & more |
- Pros
- Popular sports and eSports available
- Good Bonuses and VIP program
- Fast payments
- Cons
- Lacking in additional responsible gambling tools
5. BC.Game – Best Overall Betting Site
BC.Game stands at the top of our betting list for a reason. The daily bonus wheel at BC.Game is an incredible bonus. Players can grab free crypto regularly, with up to 1 BTC available with each spin. The daily spin has no wagering requirements, so it’s an excellent way to get a slight bankroll boost daily. Players with a low budget can get a lot from playing at BC.Game.
Sports bettors can find a massive choice of sports at BC.Game. All the most popular sports are available here, making it superb for crypto bettors. NFL, NBA, MLB, NHL, and soccer have various events available at BC.Game. It has excellent betting markets for each sport, so players won’t miss out when playing here.
KYC is in place at BC.Game, but it’s not a guarantee. Players don’t have to go through the process when signing up for BC.Game, but suspicious behavior or significant withdrawals can trigger the site to ask for proof of identity.
Crypto Bonus | Wagering Requirements | Minimum Deposti | Available Currencies |
---|---|---|---|
Daily wheel spin up to 1 BTC | N/A | $10 | 18 cryptos |
- Pros
- No wagering requirements on the daily bonus wheel
- The sports markets are incredible
- Fantastic VIP program
- Cons
- Players can’t claim a bonus specifically for sports betting
6. Betplay – Bitcoin Lightning Network
Betplay.io is a crypto casino that supports Bitcoin lighting network for fast deposits and withdrawals. It is also popular with its Poker client. It supports many popular cryptocurrencies and there’s a generous welcome bonus that you can find more about below.
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Cryptocurrencies |
---|---|---|---|
200% Bonuss | 80x | $10 | BTC, ETH, USDT, XRP, TRON, LTC, TRX, ADA, DOGE, BCH, USDC |
- Pros
- No KYC required
- Poker client
- Bitcoin lightning network
- Cons
- No visible license
7. Cloudbet – Best for Range of Cryptos
Players with a significant crypto portfolio may feel some betting sites hold them back. A small choice of crypto means players can’t bet using some lesser-known coins. However, CloudBet doesn’t have this problem. It allows bettors to select from a vast choice of cryptocurrencies, which opens up far more opportunities. The welcome bonus here always offers up to 5 BTC, one of the most significant welcome bonuses on the market.
Sports choice is excellent at CloudBet. Everything from the NBA and NFL to eSports, virtual sports, and soccer are available at CloudBet. It follows this up with a fantastic choice of markets. Players can bet on various prop bets and choose from standard betting options. It makes it an excellent selection for all types of players.
KYC is a requirement at CloudBet. So, players need to prove their identity after signing up. It means providing acceptable documents is vital for withdrawals to be possible. Players can use any government document to verify their identity at CloudBet.
Crypto Bonus | Wagering Requirements | Minimum Deposit | Available Currencies |
---|---|---|---|
100% up to 5 TBC | Unlocked over time | 0.001 BTC | 12 cryptos |
- Pros
- Superb choice of different sports to bet on
- Instant withdrawals
- Huge choice of different cryptos
- Cons
- Players have to complete KYC
8. Bets.io – Great Sportsbook & Casino
Bets.io is an online cryptocurrency casino that offers a variety of gaming options, including slots, table games, and live dealer games. It primarily caters to players who prefer using cryptocurrencies like Bitcoin, Ethereum, and other popular digital currencies for their gaming transactions.
Crypto Bonus | Wagering Requirement | Minimum Deposit | Accepted Cryptocurrencies |
---|---|---|---|
Up to 1 BTC + 100 Free Spins | 40x | 0.0005 BTC | BTC, ETH, DOGE, ADA, TRX, BNB, AVAX, SOL, MATIC, USDT, LTC |
- Pros
- Daily cashback rewards
- Many bonuses
- Cons
- No VIP Program
9. Bitstarz – A Reputable Casino
BitStarz Casino is an online gaming platform that was launched in 2014, known for being one of the first casinos to accept both traditional currencies and cryptocurrencies like Bitcoin. It offers a wide range of games, including slots, table games, and live dealer options, provided by top software developers such as NetEnt, Microgaming, and Evolution Gaming.
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Cryptocurrencies |
---|---|---|---|
25 No Deposit Free Spins | N/A | N/A | BTC, ETH, USDT, XRP, TRON, LTC, TRX, ADA, DOGE, BCH |
- Pros
- Free Spins
- VIP Club
- Cons
- Some bonuses are only for fiat currencies
10. Coins Game – Free Jet Box
Coins Game is a fully licensed crypto casino that offers many popular providers. New players can get 100% bonus + 100 free spins for registration and it supports more than 30 cryptocurrencies. Customer support is available 24/7 if you need any help.
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Currencies |
---|---|---|---|
100% bonus + 100 free spins | 30x | $20 | BTC, LTE, USDT, XRP, ETH, DOGE + 25 cryptos |
- Pros
- Quick registration
- Many cryptocurrencies supported
- Cons
- New casino
- Not all terms and conditions are translated
11. Joya Casino – 50 Registration Free Spins
Joya Casino is a fully licensed crypto casino launched in 2023 and licensed by the Government of Curacao. Operated by Provably Fair Gaming B.V., it holds a valid Curacao eGaming license, providing access to the casino with two-stage registration.
Joya provides access to a global market with few local restrictions and provides multi-lingual access for German or Chinese users – making the site easily accessible for any user type.
Following registration, Joya will require more personal details to access the casino features fully. With over 7,00 different games to pick from, the promo bonus section rewards users with welcome bonuses, a VIP package, cashback, and daily campaigns to choose from.
Crypto Bonus | Wager Requirement | Minimum Deposit | Available Currencies |
---|---|---|---|
50 No Deposit Free Spins | 40x | Not required | BTC, BCH, LTC, ETH, DOGE, XRP, USDT, TRX, DASH, MONERO |
- Pros
- Game library with 7,000 games
- Generous welcome bonus
- Casinos reality checks
- Cons
- High wagering
- No FAQ page
12. Betfoxx – Many Deposit Bonuses
Betfoxx is a new crypto casino on the market that offers casino games and sports betting all in one. You can get a great welcome bonus pack for your 3 deposits. It accepts the most popular cryptocurrencies. If you have any questions, customer support is available via Whatsapp or email.
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Currencies |
100% up to $250 + 20 Free Spins | 5x | $20 | BTC, BCH, LTC, ETH, DOGE, USDT, TRX, USDC |
- Pros
- Interesting welcome bonus
- Many cryptocurrencies supported
- Sportsbook
- Cons
- New crypto casino
13. Betfury – Top Community-Based DeFi-Focused Site
Betfury is on our list as the platform includes free casino faucets, provably fair games, and free spins promotions. The welcome bonus on tap on Betfury is 1000 free spins up to $ 3500, which comes with a wagering of 35x that has to be completed over three total deposits. Free spins have restrictions on specific games, and the casino also has 100 no-deposit free spins for players.
FuryWheel lets signed-up players get a chance to win 1 BTC while the free casino faucet awards players in tokens. In the game department, there are 1000 available options, including slots, live casinos, provably fair games, specials, and table games where minimum deposits start from 0.00015 BTC and include tokens like BTC, BCH, or ETH. Launched in 2019, the casino supports 8 languages and offers customer support through social media and a live 24/7 live chat while requiring KYC to be completed.
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Currency |
---|---|---|---|
100 no deposit free spins | N/A | 0.00015 BTC | BTC, ENJ, USDC, LTC, DOGE, BCH, OX, USDT, LINK, BNB, BTT |
- Pros
- Casino faucet
- Operating since 2019
- Lage token selection
- Cons
- KYC required
14. Lucky Block – Best Native Token Casino
Lucky Block is a recent addition to the online casino sphere, having been established in 2022. This platform aims to transform the field of crypto gambling by incorporating DeFi (Decentralized Finance) and Metaverse concepts, thus providing players with an unparalleled experience. With a vast gaming library comprising over 2,500 titles, Lucky Block has set the bar high for its competitors. If you’re not engrossed in playing Legacy of Dead, you can explore other games such as baccarat, roulette, blackjack, poker, live casino games, and even sports betting. The casino boasts a plethora of software providers, including Hacksaw Gaming, Relax Gaming, Nolimit City, Endorphina, Push Gaming, NetEnt, Red Tiger Gaming, Big Time Gaming, and Spinomenal, to ensure top-notch gaming experiences.
Crypto Bonus | Wagering Requirements | Minimum Deposit | Available Currencies |
---|---|---|---|
200% deposit match up to $10,000 worth of crypto | 35x | 0.0001 BTC (or equivalent) | BTC, ETH, LBOCK, LTC, BCH, USDT, DOGE, BNB, XRP, ADA, TRX, USDC |
- Pros
- Up to $10,000 welcome perk
- Supports multiple cryptos
- Instant payment processing
- Safe and reliable
- Cons
- Inexperienced operator
What is Crypto Sports Betting?
Crypto sports betting is betting on sporting events using cryptocurrency. Lots of crypto players have made the moves into betting on sports, such as soccer, NFL, NBA, MLB, and pretty much every other sport that’s out there on the market.
It works basically the same as standard sports betting. Players choose the stake that they want to wager, choose their bet and then place it. The only real difference at first glance is that instead of using fiat currency, they use cryptocurrency. There are a few things that people need to know when playing with crypto:
- There are thousands of different cryptocurrencies, but most sites only accept the most well-known
- Most digital currencies are highly volatile. This can have an impact on profit and loss
- If you make a mistake when transferring your crypto you will lose it forever, so you have to be very wary when entering information
The Risks
Crypto sports betting can be risky for players. Although there are a lot of benefits surrounding crypto betting, it is essential to understand the risks. This will allow you to know the best way to control the risks and increase your chances of success.
Crypto Volatility
The volatility of cryptocurrency is well known by this point. The price can increase and decrease by vast amounts in a short time. It means that you can have a valuable holding of crypto when you go to bed and wake up with it worth significantly less the following day.
The potential for losses to be made even if you place winning bets makes crypto volatility a risk. However, players can minimize this risk somewhat.
Minimising Crypto Volatility Risk
One of the simplest ways to minimize your crypto volatility risk is to play with a stable cryptocurrency. Tether is the classic example, as it is one of the stablecoins. It might not have the advantages other coins offer, but it’s a good choice if you want to minimize the risk of volatility.
Another way to minimize the risk is to time when you choose to cash out. If you are not betting with stablecoins and you cash out when the price is high and hold your crypto when the price is lower, then you will have less profit. The best way to prevent losses from crypto volatility is to convert crypto to a stablecoin after cashing out.
Potential Benefits
Despite the volatility of crypto being a risk, it can also be a positive. If your crypto’s value increases overnight, a small win can become significant. It’s an obvious flipside to the potential risk that crypto volatility poses.
Bonuses and Promotions
Best Bitcoin Sportsbooks use bonuses and promos as a marketing tool for attracting clients amid cutthroat competition in the industry. For gamblers, this is the perfect chance to bankroll their gambling without having to dig deeper into their pockets. There are numerous types of bonuses and promos. However, you need to remember that although they all work differently, the concept is straightforward to understand.
How to Get a Bonus?
You can get a bonus by signing up in a bonus casino and depositing some funds to activate a deposit matched-up welcome bonus. New players can claim other perks like free spins and no deposit bonuses. Most of these are easy to claim by simply hitting the “Claim Bonus” button. In some cases, however, you may need a bonus code to trigger a BTC betting bonus.
Types of Sports Betting Promotions
- Matched-up bonus: This is possibly the most common of all bookmarker bonuses. Typically, the casino will require you to deposit funds in your account to activate this bonus. For example, the operator can offer to give you something like a 50% bonus matching every deposit you make. So if you fund your account with $100, you receive an extra $50 to bring your total balance to $150.
- Free Bet Bonus: Players receive free bet bonuses after placing wagers like a matched-up bonus. A typical promo will look like this; wager $20 and receive two free $5 bets.
- Risk-Free Bets: As it sounds, these are bets with zero risk attached to them. Players must use their own money to wager. If they lose, the casino refunds all the cash back to their balance. The refund can either be in cash format or as free bets worth the same amount.
- Money back: Money back offers are called cashback promotions. The sportsbook refunds a portion of money you have spent on your bets over a certain period. Cashbacks are mostly calculated as a percentage of your total losing bets for the eligible period.
- First Win Bonus: This is a bonus given to a player if the first bet for a certain period wins. Bets on high odds attract a bigger reward than smaller odds.
- Sign Up Bonus: It is called a welcome bonus. Crypto bookmakers offer these bonuses to new account holders. You can only claim them after signing up. Existing players are not eligible.
- No Deposit Bonus: No deposits are welcome bonuses awarded without the prerequisite for customers to first fund their accounts.
- Reload bonuses: These bonuses and promos target exiting players in a casino. How it works is that a bookmarker awards you a prize when you reload your account. Reload bonuses were designed to encourage players to keep on betting.
- Enhanced Odds: The sportsbook can sometimes pick specific markets and award you bigger than-average odds. This bonus is commonly used by crypto bookmakers who want to promote particular sports.
- Boosted Parlays: Parlay bonuses are awarded according to a player’s legs. The more legs a gambler adds, the higher the prize grows—for example, 3% bonus for four legs, 4% for five legs, and so on.
How Do We Select BTC Sportsbooks – Factors To Consider
With all the different factors that need to be looked at when choosing a crypto sportsbook, it can be difficult to keep track. That’s why there are a few different areas that we look at closely to make sure that you get the best sportsbook experience possible. We cover these areas in our reviews to make it easy for you to learn which site is best for you.
Restricted Countries
There are lots of sites out there that restrict which customers can use their services. A lot of this is to do with the different laws that are enacted across different countries. So, to make sure that it stays within the confines expected of its regulatory license it means some players will be unable to access the site. We make sure to cover this aspect of the site and provide the information needed to allow you to know whether you can play at a site or not.
Reputation and Trust
A good reputation is important to us. If we recommend a site that doesn’t behave in a fair way to players, it means that our reputation will take a hit. We don’t want that, so we take a lot of notice when it comes to the reputations of the sites that we review. If they have a bad reputation with players then we make sure that we cover it. That way when you use our site you know that you can trust what you read.
Sports, Lines, and Odds Available
When you’re betting on sports you need to have certain things available to you. The first is the different sports that are offered. If the sports you want to bet on aren’t available then the site isn’t for you. But, it’s not just about sports. If the right markets are unavailable then it means you can’t place the bets that you want either. On top of that, if the odds offered are of poor value, then it means the site isn’t worth playing at. We cover all of these aspects so that you’re fully aware of what you’re signing up for.
Anonymous Sports Betting
Some players want to be able to bet anonymously. Not all sites offer this service, so it’s important to check whether it is available or not. We make sure to be clear if a site offers anonymous play or whether it has KYC rules in place.
Payout and Withdrawal Speeds & Terms
When you make a withdrawal, you want to get fast access to your money. If you don’t, then it can make it an annoying process. Especially if you need the money for something. As well as that, if there are fees placed on deposits and withdrawals, then it can eat into your potential profits. We cover all payment terms to make sure that you know what you are signing up for.
VIP programs and Bonuses
Everyone loves a bonus. That’s why we go over the different bonuses, promotions and VIP programs that are available. Not only do we cover the specifics of what the bonuses offer, but we are going over the different terms. This makes sure that you are aware of what you have to do in order to get the most from your bonuses, and whether the bonus is a fair one.
Should You Use Crypto When Betting?
There is absolutely nothing wrong with using crypto on a betting platform that accepts crypto. The only thing you need to be aware of is the current price of your chosen crypto. This will allow you to understand exactly what your stake is worth and can then set your budget accordingly. Just use the amount of any crypto you have available to set your budget in conjunction with its price.
What Cryptocurrencies Can You Use?
There are a lot of crypto tokens out there at the moment. Although there are a lot of different ones available, there are some that are offered almost everywhere. So, while you can find other cryptocurrencies to use, these are the main ones that are available at pretty much all sites.
- Bitcoin
- Litecoin
- Dogecoin
- Monero
Where to Buy Crypto for Betting?
There are some excellent crypto exchanges available currently. It can be difficult to choose the best one for your needs. Our guide helps you to choose which is right for you, but our two favorite exchanges at the moment are as follows:
- Binance
- Coinbase
Advantages of Using a Crypto When Betting
When you begin using a cryptocurrency-based betting site, you will be astounded by what is available to you. Many different benefits are available that make it massively valuable to players. It’s beyond the standard simplicity that crypto offers, there are a lot of added bonuses that make it a much better choice to bet with crypto.
Withdrawals are much quicker when using crypto. It ensures that you’re able to get access to your funds a lot faster. With a traditional betting site, your fiat funds can often take up to 5 working days to be available. Crypto payments are much faster. They are usually available instantly, but if the blockchain is busy then this can sometimes be up to an hour. But even an hour’s wait is much better than 5 working days.
Decentralized payments have a lot of benefits to users. Although it will almost require a full article on its own to cover everything that decentralization offers, the most important aspect is self-custody. You’re in charge of your own funds. No more relying on banking institutions who use your money to make profits and try to govern how you spend your money. You are in charge of what your funds do.
Anonymity is another huge benefit to crypto betting. Being able to remain anonymous means that you are protected from two main things. Firstly, you’re not going to be a victim of ID fraud. With banking requiring full KYC regulations, it means your details can be accessed. With anonymous deposits, it ensures that your details are kept private and you can’t be the victim of fraud. Secondly, it means that your bank can’t put any flags on your account for usage. If you’re playing with crypto it means that when you place a bet the bank will be unaware of it. So, they can’t block you for a loan or mortgage based on your usage.
Higher bonuses can be offered using crypto. This is due to there being the ability for sites to generate their own crypto through staking and other methods. They can issue their own tokens, which will then make it even easier for higher bonuses to be offered. For players who like to give their bankrolls a shot in the arm, this is an excellent benefit.
Pros & Cons of Using Crypto on Betting Sites
- Pros
- Fast withdrawal speeds
- Easier division of stake size
- Lower transaction fees
- Higher levels of security
- Potential for price volatility to increase profits
- Cons
- Potential for price volatility to decrease profits
Crypto Betting Sites with the Best Odds
Finding betting sites with the best odds can be quite a difficult task. There are a huge number of different sites out there, and it’s almost impossible to look over all of them. However, what you can do is look over the different sites that we have covered in our reviews.
This is because any site that offers sports betting will have a section that talks about the odds that are offered. Looking over this will give you an insight into what odds are available. On top of this, there are a few additional ways that you can go over to try and find the best possible odds.
Look for Sites that have Regular Offers
This is a great way to increase the odds that are available. A lot of sites will do odds boosts during certain events. So, even if you’re playing at a site that doesn’t traditionally offer high odds, when boosts are added they can become generous. It’s times like these that it’s worth being signed up to more than one sportsbook. This will allow you to pick and choose which odds are the best for you at the right time.
Find a Site that Offers In Play Betting
This is a fantastic way to increase the odds that are available. In play betting is essentially when you place a bet while the game is still going on. It is a great way to increase the odds because the odds are updated in real-time. So, events that take place during the game will change what odds are offered. If the favourite goes behind early on, it means you can get better odds of them coming back to win. Using this to your advantage is a superb way to get better payouts.
Best Types of Sports Bets
One of the biggest positives surrounding crypto sports betting is that there are a lot of markets available to players. It means there are plenty of choices, which gives more chances for success. If you want to be successful, it’s essential to understand how each bet works. Without this, you will be shooting in the dark, which is the worst way to bet.
You can learn about our favourite sports betting markets below:
Parlay Betting
Parlay betting is when you choose multiple single bets and combine them into one bet. This will increase the potential payout compared to if you had placed each bet individually.
An example can be three single bets with odds of 2.00. If you placed 1 BTC on these three bets, you will get 6 BTC back from 3 BTC wagered. If you put them into a parlay, you’d get back 8 BTC from a 1 BTC wager. The risk does increase in this situation, as if a single leg loses, then your whole bet loses.
An excellent way to approach parlay betting is to create round robins and other special parlays. These are bets that will place multiple different bets based on the different combinations that are possible.
A four-bet round robin will create 6 two-bet parlays, 3 three-bet parlays and a single four-bet parlay. This will be a total of 11 bets, and you can split your total stake evenly between each of the bets. It slightly reduces your potential payout but does mitigate some of the risks if one of the legs loses.
Over/Under Markets
The premise behind over/under markets is you bet on a specific aspect of a game and whether that aspect will be over or under a specific value. This may sound quite convoluted and require an example to explain it fully.
If you choose to bet on the total number of goals in a Premier League match, you will use the over/under market. So, if you bet on over 2.5 goals in a game, your bet will win as long as both teams combined scored at least 3 goals. You can apply this to any aspect of the game and any sport. You may want to bet on the number of throw-ins, cards shown or corner kicks taken. All of these are available, with the equivalents offered with other sports.
This market is best used in conjunction with research and in-play betting. If you discover that Arsenal often scores goals in the 70th minute and later, you may bet on another goal being scored in the 69th minute. Placing it then will allow you to maximize the odds of this particular bet. So, if the score was 0-0, you’d bet on over 0.5 goals being scored.
Spread/Handicap Betting
Spread betting is when you choose a specific spread of points to handicap one of the teams playing. A handicap will increase or decrease the odds offered, allowing you to find the best bet for your needs.
If you’re betting on the NFL, spread betting is especially popular. One example can be the Raiders and the Dolphins playing each other. You may see a spread offered in the following form:
- Dolphins +6.5 (1.85)
- Raiders -6.5 (2.00)
The first number after the team name is the handicap applied to their score. The second number is the odds that the bet is offering. You may see the Dolphins as the best bet here and decide to place that bet. In this situation, your bet will win if the Dolphins lost by 6 points or less. If the Raiders won by 7 points or more, your bet will lose.
Spread betting provides the best value when it offers good potential odds on two closely matched teams.
Final Thoughts
Crypto sports betting is growing rapidly. As such, it can be hard to keep up with all of the different developments. By checking through our guide you can get up to speed with everything that you need to know. It makes it quick and easy for you to enhance your knowledge and become a crypto sports betting expert. If you want to start betting on sports with your crypto, then our guide is the perfect place to start!
How to choose the right site to bet with crypto?
The best way to choose the right betting site is to check through our guide. This will allow you to easily find out and choose the best one for yourself.
Why do people love sites for crypto sports betting?
There are a lot of different reasons why people love sites for crypto sports betting. These sites are more flexible, offer faster withdrawals and some of the more innovative features of the blockchain are available. It makes them very appealing to players.
Which bookies are based on crypto betting platforms?
There are a lot of different bookies that have a crypto betting platform in place. It’s up to you to check out which ones are available and offer the service that you require.
Is it legal to place a bet using crypto?
Yes it is, as long as it’s allowed within your jurisdiction.
How do I use crypto for sports betting?
It depends on the site that you use. At some sites, you will need to send the deposit using your crypto wallet in order to start playing. At others, you will have to purchase the crypto through an exchange that is linked to the site. It’s important to check this before you sign up so you sign up for the right site.
Is it safe to bet with cryptocurrency?
It is completely safe to bet with cryptocurrency. As long as you carry out the right safety procedures then you will be kept safe and secure when betting with crypto.
Is Cryptocurrency Betting Legal?
In most jurisdictions cryptocurrency betting is completely legal. However, in some it’s prohibited. So, it is important to double check before you play in order to make sure.
Can you use crypto for sports betting?
As long as you’re playing at a crypto sportsbook, you can use cryptocurrency to bet on sports. Sites that accept fiat currency also accept crypto in the modern world, so it’s a matter of time before many other sites accept crypto.
Facts Checked by Josip Putarek, Senior Author