Best Crypto & Bitcoin eSports Betting Sites

In 2021, the eSports betting industry has grown to over $10 million, and as digitization continues to take over the scene, eSports will become a significant player. Furthermore, with the concurrent growth of cryptocurrencies, it isn’t surprising that crypto eSports betting would become the newest phenomenon. In this article, we’ll review Bitcoin eSports and the best betting sites for eSports crypto betting. 

Let us get right down to it.

esports betting world cup
esports betting world cup

Top eSports Betting Sites

  1. Stake – Best Overall eSports Betting Site
  2. Cloudbet – Best for Range of Cryptos
  3. FortuneJack – Best for No Deposit Bonus
  4. MyStake – Best for Matched Bonus Percentage
  5. Winz.io – Best for Free Bets
  6. BetOnline – Best for Reload Bonuses
  7. Sportbet – Best for Live Betting
  8. BC.Game – Best for Free Daily Crypto
  9. Crashino – Best for Provably Fair Options
  10. Bitsler – Best for VIP Program

Best Crypto eSports Betting Sites

  1. CloudBet Casino CloudBet Casino Review
    4.9/5
    • Popular casino
    • Sportsbook with eSports
    • Some of the best odds
    Summary

    CloudBet Started out as just a Bitcoin casino and since then has expanded to include a range of cryptocurrencies. A huge welcome bonus and fantastic casino games makes CloudBet a top name in crypto gaming.

    Accepted Currencies
    bitcoin-icon bch-icon ethereum-icon tether-icon usdc-icon dogecoin-icon litecoin-icon pax-icon dai-icon link-icon ada-icon bnb-icon dash-icon shib-icon dot-icon zcash-icon xrp-icon tron-icon
    Main Features
    • Popular casino
    • Sportsbook with eSports
    • Some of the best odds
    Blockchain tron logo
    Customer Support
    Licences
    Curaçao (CGCB)
  2. Sportbet
    4/5
    • Provably Fair Games
    • Shared House Profits
    • Sportsbook
    Summary

    Sportbet is a mainly sports-based crypto gambling platform. It doesn’t just focus on sports though, there are also eSports and casino games on offer here. With provably fair titles also available, this is a site that’s a lot of fun.

    Accepted Currencies
    EOS-icon bitcoin-icon ethereum-icon tether-icon litecoin-icon
    Main Features
    • Provably Fair Games
    • Shared House Profits
    • Sportsbook
    Blockchain tron logo
    Customer Support
  3. Bitsler Casino Bitsler Casino Review
    4.1/5
    • Many cryptos available
    • Quality Casino Games
    • Esports
    • sports betting
    Summary

    Bitsler is a crypto casino owned and operated by Oyine N.V. This is a Curacao-based company with an Antillephone Curacao license and players have a lot to enjoy with some of the best game selections available on the market. We’ve taken a deep dive into what’s offered by Bitsler Casino.

    Accepted Currencies
    BTC-icon ETH-icon XRP-icon DOGE-icon BNB-icon ADA-icon ETC-icon BCH-icon EOS-icon XLM-icon DASH-icon -icon
    Main Features
    • Many cryptos available
    • Quality Casino Games
    • Esports
    • sports betting
    Blockchain tron logo
    Customer Support
    Email
    Licences
    Antillephone Licence Validation Curacao
  4. 22BET 22BET Review
    4.1/5
    • Jacks Specials
    • Promo Code SI300
    • Video Poker
    Summary

    An online casino that boasts an extensive game selection, including thousands of slots, has ultra-fast withdrawals and boasts over 130 software providers, sounds like a dream come true for any avid casino player, right? Well, this is exactly what 22Bet Casino offers. Perhaps we should start by letting you know that this operator was founded players for players. So, you can be sure they know what it takes to take gambling to the next level. Despite being in operation only from 2018, the casino has been making a big splash in the industry. 22Bet Casino is quickly becoming a top choice for online casino players, only rivaled by big names like Stake.com and Cloudbet. Like any other casino, 22Bet isn't without its downsides, but if the good outweighs the bad (marginally), there's no reason why you shouldn't make 22Bet your go-to online casino. Be sure to read through our comprehensive review of 22Bet casino to learn why it’s quickly becoming a favorite for many gamblers.

    Accepted Currencies
    bitcoin-icon bch-icon dogecoin-icon eos-icon ethereum-icon litecoin-icon tether-icon xrp-icon
    Main Features
    • Jacks Specials
    • Promo Code SI300
    • Video Poker
    Blockchain tron logo
    Customer Support
    Live chat
    Licences
    Curaçao (CGCB) Malta (MGA)

eSports Betting Sites Reviewed

With eSports being one of the fastest growing areas for bettors, it’s no surprise it can be difficult to pick the best site. Many players can find it confusing when selecting a betting site, especially as each site promises a high-quality experience. We’ve collated the best choice of betting sites for eSports bettors. Look at our selection to find the right website for each situation.

1: Stake Casino - Best Overall eSports Betting Site

Stake Casino is a crypto betting site with lots to offer players. There’s an impressive selection of eSports betting options, fantastic bonuses, and some of the lowest minimum stakes around. Players can start betting from as low as 100 satoshis, perfect for players on a limited budget.

The sporting choices are fantastic. With many events from many different sports. While eSports isn’t the main focus, the selection is still awe-inspiring. Each event also has an excellent range of markets, which ensures players can find the best bet for every scenario.

The one main drawback to Stake Casino is it expects players to go through KYC. So, players who want to remain anonymous are unable to do so. Personal documents are a requirement to complete registration and payments.

Pros

  • Great choice of eSports and traditional sports
  • Good range of bonuses and promotions
  • Withdrawals are instant
  • Betting markets are some of the best around

Cons

  • KYC is a requirement
  • Stake charges fees on withdrawals

Crypto Bonus Wagering Requirement Minimum Deposit Number of Crypto
200% matched deposit up to $1,000 30x 0.0002 BTC 8
stake homepage
2: CloudBet - Best for Range of Cryptos

Cloudbet stands out due to its incredible range of cryptocurrencies. Players can choose from almost 20 cryptos, which is perfect for anyone with a diverse portfolio. It’s also great for players who have significant holdings of lesser-known cryptos. With up to 5 BTC available as the welcome bonus, this is a site with lots to offer all levels of players.

Of course, the eSports choice is impressive here, but it backs it up with a fantastic range of regular sports. It allows players who enjoy betting on different events to do so. The betting markets are also varied. Players can bet on everything from standard event outcomes to a massive selection of handicap markets.

KYC is a policy with Cloudbet, which removes a little of the shine. Players have to provide documentation to prove their identity. It can make it slightly less appealing, especially for players who want to remain anonymous.

Crypto Bonus Wagering Requirement Minimum Deposit Number of Crypto
100% up to 5 BTC Unlocked over time 0.001 BTC 18

Pros

  • The eSport and sport choice is comprehensive
  • One of the best wagering systems around
  • Instant withdrawals
  • Massive choice of cryptos available

Cons

  • Players have to go through KYC

Cloudbet esport betting
3: FortuneJack - Best for No Deposit Bonus

When it comes to highly thought of crypto betting sites, FortuneJack is near the top of the list. As a result, the expectations here are high, but it doesn’t disappoint players. It starts with a positive bonus, where players can claim a no-deposit bonus. Free spins are the bonus, so it may not appeal to eSports bettors, but as a way to increase the player bankroll, it’s a nice low-risk option.

eSports are well represented, which ensures bettors can find some excellent events easily. However, there’s also an excellent choice of other sports, which makes it a varied selection. Betting markets are superb, so players can find the right bet for their research. There’s also a welcome bonus of up to 6 BTC, which is among the most impressive.

It’s not a guarantee that players have to go through KYC. FortuneJack allows the player to sign up without proving their identity. However, some withdrawals will require KYC, so players should know they could lose anonymity upon withdrawal.

Crypto Bonus Wagering Requirement Minimum Deposit Number of Crypto
Up to 6 BTC and 250 free spins 30x 0.001 BTC 9

Pros

  • Top-class bonuses
  • A no-deposit bonus is available
  • Players have an excellent choice of eSport events
  • Instant withdrawals on crypto

Cons

  • Players don’t have the option to play with fiat

fortunejack sports betting
4: MyStake Casino - Best for Matched Bonus Percentage

Most betting sites will offer players around 100% as a matched deposit, but MyStake blows it out of the water with a 250% matched deposit. It ensures players can grab a substantial welcome bonus, with relatively low wagering at just 30x. For any bettor who wants to boost their bankroll, MyStake is a highly appealing option.

Sports are abundant at MyStake, but it’s eSports where it excels. Players can select from a vast range of games and events, and even virtual sports are available. It ensures the more modern bettor has a top-class choice. Superb betting markets add to the overall experience, making it excellent for all types of player.

MyStake doesn’t require KYC upon signup, but it is a possibility at any time. Players should be aware of this to ensure they don’t get caught by surprise when making a withdrawal.

Crypto Bonus Wagering Requirement Minimum Deposit Number of Crypto
250% matched deposit up to $1,500 30x $20 7

Pros

  • Superb eSport, sports, and virtual sports selections
  • Fantastic matched bonus
  • Low wagering requirements
  • Lots of betting markets

Cons

  • Potential for KYC

MyStake eSports
5: Winz.io - Best for Free Bets

Many crypto sportsbooks only offer players a welcome bonus for casino gaming. Winz.io changes this narrative by allowing players to claim a welcome bonus applicable to sports betting. There’s a 100% matched bonus here up to a maximum of $500. It stands out because it doesn’t instantly appear in the player account. Instead, players earn free bets as they place bets using their initial deposit up to the value of the bonus amount. It removes wagering issues relating to withdrawals, as players unlock the bonus as they play. On top of the matched bonus, there’s a $20 free bet when players make their first deposit. So, Winz.io has a fantastic selection of free bets for players to claim.

Players can choose from an excellent range of sports at Winz.io. What makes it so impressive is its new addition to the site. Originally, Winz.io only had crypto casino games, but it also decided to expand and feature sports betting. The sport choice also has plenty of markets to bet on, so players who love prop bets have a top-level selection available.

The KYC policy at Winz.io is a bit of a grey area. Although there’s a policy in place, crypto players don’t feel an immediate impact. According to the terms and conditions at Winz.io, KYC only occurs if players behave suspiciously or make withdrawals totalling more than 7 BTC.

Crypto Bonus Wagering Requirement Minimum Deposit Number of Crypto
100% matched bet up to $500 and $20 in free bets Players unlock the bonus as they play 0.0005 BTC 5

Pros

  • Lots of free bets available in the welcome bonus
  • High-quality sports selection
  • Lots of markets allowing for bet variety
  • Huge withdrawal limits

Cons

  • Players may have to go through KYC

Winz eSports
6: BetOnline - Best for Reload Bonuses

BetOnline takes a different approach from many other crypto betting sites. While it has an excellent matched bonus to welcome bettors, it also has plenty of follow-up reload bonuses. It means increasing the bankroll is a simple task when playing at BetOnline.

It’s not just the bonuses and promotions making BetOnline look good, though. There’s also a fantastic selection of different eSports available. Players can choose from the most popular events and then bet using a range of markets. It makes it one of the best eSports choices available. There’s also a superb sport choice, so all bettors can enjoy BetOnline’s offerings.

KYC is a grey area at BetOnline. While it doesn’t always ask for proof of identity when signing up, the site reserves the right to ask. So, players should always be ready to prove their identity when playing here.

Crypto Bonus Wagering Requirement Minimum Deposit Number of Crypto
100% matched bet up to $3,000 30x $20 6

Pros

  • Lots of regular reload bonuses
  • Excellent welcome bonus
  • Great eSports options
  • Low wagering requirements

Cons

  • No VIP scheme

Betonline esports betting
7: Sportbet - Best for Live Betting

The in-play betting options with Sportbet are superb. It’s an area which many players ignore, but players can find excellent value with live betting. As eSports can change at a fast rate, it’s superb to see the focus on live betting with Sportbet.

The eSports choices here are excellent. Players can bet on many different games, tournaments, and events. It ensures no danger of missing out on the most significant events. Fantastic market options link with the event choice, making this one of the best eSports offerings in the industry.

Sportbet takes a novel approach to anonymity. Players have the choice to bet either with or without their privacy. Decentralized betting allows players to remain anonymous and bet but without access to the welcome bonus. Players who want to claim the bonus have to prove who they are.

Crypto Bonus Wagering Requirement Minimum Deposit Number of Crypto
125% matched bet up to $1,000 35x $20 6

Pros

  • Excellent welcome bonus
  • Good choice of cryptos
  • Fantastic sports betting choices
  • Live betting is incredible

Cons

  • No bonus for anonymous players

sportsbet homepage
8: BC.Game - Best for Free Daily Crypto

One of the world’s top crypto betting sites, it shows the sheer quality of our top 10 when BC.Game lands at number 8. While there’s a massive amount to love about BC.Game, the daily bonus wheel, is what stands out. Players can spin the wheel each day and claim free crypto, up to a maximum of 1 BTC. With no wagering, this is a fantastic daily bonus.

The sports choices and betting markets are excellent at BC.Game. With a comprehensive eSport selection available, modern bettors won’t feel let down. The top tournaments are available, and the prop bet choice is remarkable. It ensures every type of gambler can find the bet they want.

KYC is a grey area with BC.Game. Although crypto players tend to be left alone, the site reserves the right to enforce it. So, suspicious behaviour or significant payments can cause BC.Game to ask for players to go through KYC.

Crypto Bonus Wagering Requirement Minimum Deposit Number of Crypto
Daily wheel spin up to 1 BTC N/A $10 made within 20 minutes of account creation 13

Pros

  • Up to 1 BTC daily with the bonus wheel
  • No wagering requirements on bonuses
  • Excellent eSports betting options
  • Incredible VIP program

Cons

  • No bonuses specific to sports

BC.Game sportsbook review
9: Crashino - Best for Provably Fair Options

Crashino is among the most interesting crypto betting sites. Although it styles itself as a crypto casino, it has one of the best sportsbooks we’ve seen. On top of this, for players who enjoy provably fair games, this is a site where players can find a comprehensive selection.

The eSports area is a focus for Crashino, which is a significant positive. Many sites see eSports as an afterthought, but Crashino offers it the attention it deserves. As a result, players have one of the very best selections available to them here. The betting markets are also very well put together, so bettors can bet on impressive options.

One of the most prominent positives of Crashino is it’s truly anonymous. Players don’t have to go through KYC, so privacy is almost guaranteed.

Crypto Bonus Wagering Requirement Minimum Deposit Number of Crypto
100% up to $200 and 300 free spins 40x $€10 11

Pros

  • Plenty of provably fair choices
  • No KYC when signing up
  • Great choice of eSports markets
  • Excellent welcome bonus

Cons

  • 7 days to complete welcome bonus wagering

Crashino eSports betting
10: Bitsler - Best for VIP Program

While Bitsler offers a lot to players, the VIP scheme is where it truly shines. Most VIP schemes are solely available to casino players, but Bitsler ensures sports players can get in on the action. On top of this, Bitsler gives tickets for the regular lottery to bettors whenever they stake enough in sports bets. It is a fantastic betting site for players who stick to a single site.

While the VIP program is excellent, it’s not all Bitsler has to offer. Players can also bet on various eSports events, sporting events, and other options. It’s fantastic for anyone who wants to enjoy eSports betting with minimal fuss.

KYC is where things go downhill slightly. It’s not a requirement to create an account, but Bitsler reserves the right to go through KYC if players behave suspiciously. Bettors should be aware of this and have the correct documents available.

Crypto Bonus Wagering Requirement Minimum Deposit Number of Crypto
No welcome bonus N/A 0.0001 BTC 12

Pros

  • Great VIP program
  • Top-class selection of eSports and standard sports
  • Entries into the hourly lottery
  • Withdrawals don’t have any fees

Cons

  • Doesn’t feature a welcome bonus

Bitsler eSports

What is eSports Crypto Betting?

eSports crypto betting is precisely what the name suggests. Players can bet on different eSports events using cryptocurrency as their stake. Different betting sites will offer various cryptocurrencies, but the common denominator is crypto funding the bets.

While eSports is still a niche betting option to the broader public, it’s seen significant growth within the crypto world. Part of this is due to crypto being an early adopter of eSports. In addition, many traditional sportsbooks ignored the potential of eSports for a long time. As a result, crypto sportsbooks have a higher takeup of crypto bettors for eSports. The statistics back this up, as economists predict the market to grow from $1.22 billion in 2021 to $5.48 billion by 2029.

Cryptocurrency eSports Industry

It’s almost the perfect marriage of two industries when discussing eSports and cryptocurrency. Moreover, because both are growing industries, there’s a lot of room for expansion. eSports first saw support from crypto sportsbooks, which went a long way to providing some legitimacy. Many sportsbooks were unwilling to offer eSports betting initially due to mistrust. As the crypto community has also seen similar, unfair treatment, it made sense for crypto sportsbooks to help facilitate growth.

With both industries thriving, it was a sensible choice for crypto sportsbooks to provide eSports betting. With crypto and eSports both making their way to traditional betting sites, the mutual benefits are clear.

Bitcoin eSports Betting vs. Traditional eSports Betting

eSports betting is a type of gambling where punters place bets on competitive online computer sports events such as League of Legends, Valorant, or DOTA 2. Esports betting with bitcoin might have been the next expected step in adopting crypto in gambling, but it is still a relatively new development. That being said, not many people know much about it, how it works and how it differs from traditional eSports betting. 

The most significant difference between bitcoin eSports crypto betting and traditional eSports betting is the currency used. The former uses Bitcoin and other cryptocurrencies, while the latter uses conventional currencies like Dollars or Euros.

No chargebacks 

Players can sometimes be sneaky and make a chargeback if the outcome of the game is not in their favor. With Bitcoin eSports gambling, you can’t request a chargeback to your card. All crypto transactions are permanently stored on the blockchain. Once you’ve placed a bet, the smart contract is executed, and the payment is final.

Stable Currency 

One of the biggest drawbacks of cryptocurrencies is the volatility of their values. The value of cryptocurrencies is constantly changing. While this change could benefit you, it also leads to losing the value of your bet. Considering the drop in crypto tokens, your winnings after a bet could be lower than they were before the bet or too low to be worth it. In traditional eSports betting, the value of a bet is stable, and even if changes occur, they aren’t significant enough to impact the end value of your bet.

Bonuses and Reward 

Between the crypto eSports betting sites and the traditional eSports betting, the former always offers players more bonuses and rewards. That’s because cryptocurrency transactions don’t require a lot of money to process, which leaves some extra money for the betting sites. They give out some percentage of this money as bonuses and promotions. 

Regional Restrictions 

Gambling has its regional restrictions as some countries consider it illegal to gamble. Betting sites restrict players from these regions because of these laws. If a betting site notes that your IP address or bank is situated in one of these regions where they might be operating under the radar, players in a specific country will not be able to place bets on eSports games. In traditional betting, it’s easy for betting sites to make these decisions because of the currency and payment methods. It isn’t so for crypto eSports betting. Players can bet anonymously and not be included in national or local regulations.

Transaction Fees 

Traditional eSports betting sites spend a lot of money on transaction fees. This is because there are transfer protocols that they have to follow, which lead to high transaction fees. There are little to no transaction fees for crypto eSports betting since all transfers take place on the blockchain. Therefore, players might only have to pay a network fee rather than a hefty banking processing fee.

Freedom

One of the benefits of eSports crypto betting is anonymity and financial privacy. Unlike traditional eSports betting sites where your transactions can be tracked, eSports crypto betting sites protect users’ privacy from central authorities and provide anonymity.

Benefits & Risks

Like any other type of betting, eSports betting has its peaks. So, before you jump in, you should take time to look at its benefits and risks.

The Benefits
1. Financial Privacy

Using crypto and Bitcoin to bet on eSports sites gives you a strong cloak of anonymity you won’t get from fiat currencies. Your transactions cannot be tracked, and centralized banking authorities can’t flag your accounts. As a bonus point, this anonymity also protects against regional restrictions.

2. Low & Fast Transactions

Crypto transactions are fast and do not involve using any third party when funding your account. Compared to traditional currency, they are less restrictive and much quicker – but it also depends on the network activity load. Transaction fees for eSports crypto betting sites are very low. Some sites do not even charge transaction fees.

3. Better Bonuses

Every casino wants more players. Crypto is a gateway to access a wider range of casinos. As a result, crypto casino operators are also willing to offer better bonuses, which does not impact their bottom line. In truth, Bitcoin casino bonuses are more rewarding as country regulations do not restrict them.

The Risks
1. Transactions Are Final

Paying with crypto comes with its perks but also with some disadvantages. For example, crypto transactions are always final, so if you place a bet by mistake or your team has lost, then funds and wagers cannot be reverted. Thus, always double-check you are making the right bet or sending money to the right wallet address.

2. No Restrictions

Using cryptocurrency for eSports betting allows players to bet on their favorite games regardless of the country’s regulations or restrictions. By using a cryptocurrency wallet to make bets, players remain anonymous when making bets. For example, countries can restrict IP access to a specific website; however, if the website is accessible, players can gamble using crypto and bet on their favorite eSports team.

3. Volatility of Cryptocurrencies

The volatile nature of cryptocurrencies can both be a blessing and a curse. On the one hand, it could favor you and increase your winnings. For example, imagine placing a bet on an eSports betting site when the value of 1 bitcoin is $35,000, then withdrawing your winnings when the value is as high as $45,000 to 1 Bitcoin. But, on the other hand, the reverse could be the case.

esports crypto betting sites

6 Factors to Consider When Choosing Your Bitcoin eSports Betting Site

We’ve successfully narrowed down the long list of Bitcoin eSports betting sites to the best five discussed above. The next step for you is to choose which one of these betting sites you’d like to use. As good as they are, not all of them would suit your specific needs. So, what do you consider when choosing your bitcoin eSports betting site?

We’ve curated six essential factors to help you make the best choice:

1. Customer Service

At first glance, customer service might seem unimportant, but how a business treats its customers would always be a good metric for deciding whether to patronize them. The same principle applies to eSports betting. Anything could go wrong while betting with bitcoin. The process is still relatively new, and you might get confused trying to place a bet. In instances where this happens, customer service is the point of contact. So, the betting site you use must be accessible and helpful.

When considering the customer service of a betting site, here are a few questions to ask yourself.

  • How willing is the site to offer assistance and answer questions?
  • Are they easily accessible via email?
  • Do they have immediate assistance on their website, such as live chat?
  • How easy and fast do they respond and sort issues out for the customer?
  • How stressful is it for users on the site to get results from customer service?

You can find out about a site’s customer service by asking questions on platforms like Reddit and checking out review sites for betting platforms.

2. VIP Programs and Bonuses

Benefits have always set betting platforms apart. People naturally tend to use betting sites that offer more gains per the amount they spend. So, it’s always a good decision to consider what each betting platform offers regarding benefits and bonuses.

Remember that the bonus and benefits structure differs from platform to platform. Therefore, looking for the platform with the most significant bonus structure might not be the best idea. Instead, look for platforms that have bonuses and benefits that would fit with the type of bettor you are.

3. Restricted Countries

Some betting sites don’t allow people from certain regions and countries to bet on their platforms. This restriction is usually placed to honor the laws of the country. Some countries like India and parts of the US restrict online gambling, and to avoid hitting a roadblock in your betting journey; it’s best to look for regional restrictions before you start.

Cross-check with the laws of your country to see if you’re legally allowed to bet. If you aren’t, betting sites, especially those that require a KYC verification, would not allow you to play.

When doing your research, also look out for loopholes. For example, some betting sites like Stake offer total anonymity to their players, which gives them a loophole out of the regional restriction. Other betting sites allow you to bet anonymously regardless of restrictions if you use cryptocurrencies.

4. eSports Available

If you’re a fan of eSports, then look out for betting sites with a great list of eSport games. Of course, there are both major and minor eSports games, and you want the betting site you eventually go with to at least have the three biggest eSport games. But an ideal choice would have an extensive list of major and minor eSport options.

5. Reputation and Trust

Next to other critical factors, the reputation and integrity of the betting site you use are essential factors you should consider. The reputation of the betting site is a reflection of the quality of its service. If they are reputable and trustworthy, then you can bet as much as you want without fearing that you’d lose your money.

You can read review sites for betting platforms to know what people think about them. Then, pay more attention to the ratings, pros, and cons of the betting sites you’re considering. Better still, ask the right questions on Reddit and Quora, where you can directly interact with people who have used these betting sites or check out the website reviews on dappGambl.

No matter how good the betting site looks or how generous their bonuses are, if the reputation isn’t good, you might end up losing your money.

6. Payout and Withdraw Speeds & Terms

If you aren’t new to the betting world, then you know by now that each betting site has its rules and processes for payouts, deposits, and withdrawals. eSport crypto betting sites aren’t any different. So, look at the fine print about the withdrawal process. Some sites allow players to withdraw all of their money as soon as it enters their betting accounts, while others require the players to wait for a couple of days first.

Finding out is easy. Just look through the website of the betting platform, preferably in the FAQ section.

Legality and Regulations

Because crypto and eSports are both growth markets, they don’t have full regulation yet. Part of the reason for this is due to the relative age of each form of betting. As a result, not all sportsbooks allow eSports or crypto. It doesn’t mean there’s no regulation for crypto eSports betting, it just means the regulation isn’t as strict or widespread as standard sports betting. Players should ensure they only play at reliable sites with a high reputation to avoid safety and security issues. Our toplist is the best way to find sites with high levels of security and excellent reputations.

Each region will have rules as to whether eSports betting is legal. While it wasn’t widely legal initially, it’s legal within most jurisdictions currently. US bettors will have to check the regulations within their state to ensure they can bet on eSports. UK, New Zealand, Australia, and Spain all allow eSports betting. There may be restrictions regarding access to some crypto betting sites in these regions. Before attempting to sign up for any crypto sportsbooks, it’s essential to check access is available.

Which Cryptocurrencies can you Use to Gamble?

Players can bet with many different cryptocurrencies at crypto sportsbooks. With such a wide choice, it can be challenging to select the right crypto. We’ve taken a look at some of the most popular to help beginner players choose the most suitable crypto.

bitcoin logo Bitcoin

The most popular, highest value, and most well-known crypto. If players have heard of any crypto, Bitcoin will surely be the one. Many players feel it’s better as a value store now, but it’s still the easiest to access and most likely to be available. Players on a low budget may want to avoid Bitcoin, but it’s still the best choice for ease of use.

Ethereum logo Ethereum

The second most well-known crypto, Ethereum arguably has a higher ceiling than Bitcoin. As it’s proof of stake, users can earn passive income when using it, which makes it much more appealing. However, in terms of value, it’s unlikely to hit the heights of Bitcoin. It’s likely to be just as accessible as Bitcoin, so most sites will accept ETH.

dogecoin-logo Dogecoin

Widely thought to be nothing more than a joke, Dogecoin has grown to be one of the most exciting cryptos around. Players can get a significant amount for a low cost, it has fantastic security protocols, and fast transactions. There’s a lot to like about Doge, and it’s excellent for bankroll management strategies.

litecoin logo Litecoin

Similar to Bitcoin in many ways, Litecoin has lower gas fees and faster transactions. In addition, it also has a much lower value. It makes it an excellent choice for players who want a more significant bankroll without spending a considerable amount.

bitcoin-cash-logo Bitcoin Cash

BCH is one of the most impressive choices on the market. A fork of Bitcoin, there’s some controversy within the community about whether it should use the Bitcoin name. However, what isn’t in doubt is how useful it is. With a lower value, lower gas fees, and faster transactions, BCH is much more helpful for crypto gambling. However, it’s not as widely available, which does mean some players won’t be able to use it.

Essential Information on Betting with Crypto

Before you can start betting on any of the top crypto eSports betting sites above, there is essential information you should know. It’s even more critical if you’re a beginner.

How to Start Betting?

Betting on an eSport crypto platform isn’t as complicated as it might seem. Here’s a step-by-step walkthrough if you’re not familiar with the process.

1. Purchasing Crypto

First things first for any betting in crypto is to purchase crypto. You can do this easily by using an exchange wallet that converts fiat currencies to cryptocurrencies. It’s advisable to buy the more popular cryptocurrencies like Bitcoin and Ethereum.

2. Depositing Crypto to Your Betting Account

Next up is to deposit crypto into your betting account. Follow the instructions on your preferred eSports crypto betting site.

3. Betting on eSports Matches

Once you’ve deposited crypto into your account, the next step is to place bets. There are different types of bets, including prop bets, accumulators, and match-winner bets. Pick the one you want and follow the instructions to bet on your favorite eSports games. Remember to keep track of your betting slips.

4. Withdrawing Your Winnings in Crypto

So, you’ve won! Congratulations. Here’s the stage where you withdraw your earnings. Each bitcoin eSports betting site has a process for withdrawing. Read the instructions and follow them to get your money. You’ll get paid in crypto, but if you’d like to convert to fiat currency, you can do it using the same crypto wallet you used at first.

best-esports-betting-sites-dappgambl

Types of eSports Bets Available 

There are different rules and tricks to live betting. Of course, you can always cross-check with the betting site of your choice to confirm the rules. But here are some universal tips for live eSports betting:

  1. Research the teams playing before the game and watch their previous games. It’ll give you an idea of how they play and their abilities. 
  2. Be a member of eSports communities.
  3. Be vigilant about teams trading their players.
  4. Choose a website with a good reputation for eSports booking.

If you’re new to eSports betting, you might be confused by the different types of eSports bets available, so here’s a quick rundown of what is what.

Match Winner

This type of bet is placed to predict the winner of a game. The match-winner bet is one of the most popular bets on eSports bookies. It is also openly vague, which allows you to win if you have a good idea of the team and player’s abilities. While placing a match bet, look for favorable odds and play them. Note that the odds in a match-winner bet change as the game progresses to suit the player’s abilities and how they fare.

Tournament Winner

The tournament winner bet is placed to predict the overall winner of the entire tournament. As a result, you stand to get a big payout if you can predict the winning team. Therefore, the odds for a tournament winner bet differ from the odds for a match-winner.

Proposition bets (Prop Bets)

A prop bet is a bet that you make to predict what will happen or not happen during the match. An example of a prop bet is a bet that predicts the game will go into overtime or won’t get to overtime. If you bet the former and the game over time, you win. Prop Bets can be equally easy and tough to win, but knowing how each team plays can help you make more accurate bets.

Accumulator Bets

Accumulator bets are also known as combination bets. This bet is made considering the outcome of more than one eSport game. Think of it as a combination of match-winner bets all tied together in such a way that if one match prediction is wrong, all the odds are canceled even if all the other bets are correct.

This bet is harder to win because it has a collection of odds from the different matches within the tournament. You can’t win one of the matches. You either win all or lose all. When you make an accumulator bet, the odds are combined in a bet slip, and if you win, the payout is very generous.

Live eSports Betting

Live eSports betting is the newest development in eSports betting. This feature allows users to wager on the outcome of eSports games as they are being played. Like regular sports betting, you can bet on live eSports games with Bitcoin and other cryptocurrencies. As more and more betting sites adopt cryptocurrencies into their operations, live eSports betting will be popular.

What is the Future?

eSports is a growth industry in the betting world. As it’s a relatively new sporting endeavour, it has a lot of catching up to do in relation to traditional sports. However, there are a lot of extremely popular events which are helping it to grow in popularity.

DOTA, Fortnite, FIFA, CS: Go, and LoL are some of the big players. What makes eSports so impressive is its ability to evolve. New games are constantly seeing releases, which means no game has the opportunity to become stale before something else takes over. It’s part of the long-term appeal of eSports, as it can bring in new fans consistently.

As it grows in popularity, it’s predicted to see massive levels of growth over the next five years. Economists expect a 21% yearly growth rate, leading to almost 5 times the annual revenue, between 2021 and 2029. As video games have become a mainstream hobby over the last decade, the upcoming generations will have more of an attachment to eSports than past generations. This should help to facilitate higher levels of growth.

The growth of Twitch streaming also plays a big part in eSports popularity. It’s possible betting sites could see their own streaming platforms in the future, which would help increase eSports’s popularity and growth, especially if live betting becomes a more prominent aspect of the process.

Conclusion

Esports betting in cryptocurrencies and Bitcoin is new but already gaining popularity. If you’re on the fence about trying out this new trend, you might want to take the plunge. Your identity and money would be safe on any of the top five crypto eSports betting sites reviewed above.

FAQs

What is the best bitcoin eSports betting site?

Choosing the best bitcoin eSports betting site is very difficult because it is a subjective decision. However, there are relatively subjective rankings for crypto eSports betting sites, and from these rankings, the top betting site for crypto eSports is Stake.

Is bitcoin eSports betting legal?

It is legal to bet with bitcoin and other cryptocurrencies on bitcoin eSports betting sites, just as it is legal to bet on eSports betting sites using fiat currencies.

Is depositing and withdrawing faster with cryptocurrencies?

Yes. It is easier, faster, and cheaper than fiat currencies. Transaction fees are very low for bitcoin transactions, and deposit confirmations are much quicker than when they are done with fiat currencies. Where banking transactions on eSports betting sites can take up to 24 to 48 hours for confirmation, bitcoin confirmation is in minutes.

Why should I use crypto eSports betting sites?

There are many benefits that eSports crypto betting sites have over traditional eSports betting sites. The biggest draw, however, is in the way transactions are carried out. With cryptocurrencies, transactions are relatively risk-free, fast, and cheaper. In addition to the seamless transaction, crypto eSports betting offers anonymity and financial privacy. Unlike transactions involving fiat currencies, crypto transactions provide a cloak of anonymity that protects the identity and activity of users.

Will Wood
Written by Will Wood verified symbol Crypto Gambling Expert
51 Articles

Will has been writing professionally since 2015. He worked in education for almost ten years and had always written as a hobby, so when he decided to change careers, writing was the only right choice for him. Initially, he ghostwrote both fiction and non-fiction books but soon moved into writing about sports betting. From there, he found gambling was the topic he enjoyed the most. In 2016 he reviewed a Bitcoin faucet and since then has never looked back. 

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Reviewed and Fact Checked by Vlad Hategan , NFT Gaming Specialist