Crypto Sportsbooks & Bitcoin Sports Betting Sites

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 also 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 crypto 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 would 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 could either be in cash format or as free bets worth the same amount.
• Money back: Money back offers are also 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: Also called a welcome bonus. Crypto betting providers 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 gambling providers that 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.

A crypto wallet allows you to store and transfer your cryptocurrency safely. Fully understanding crypto wallets can be difficult for beginners, which is why we provide the best guide for new players. If you’re already well-versed in crypto wallets, you can find the best crypto wallets below:

1. Ledger Nano X: Best Offline Wallet for Beginners.
2. Coinbase Wallet: Best Hot Wallet for Beginners
3. Trezor Model One: Best Low-Cost Hardware Blockchain Wallet
4. Exodus Wallet: Best Desktop Blockchain Wallet
5. Coinomi Wallet: Best Hot Wallet for Anonymous Transactions

Here, you can find a choice for every scenario you might encounter.

Many crypto betting sites have a smooth interface, great bonus bonuses, and a variety of sports to bet on.

But, as easily as you’ll find a legitimate betting site, you’ll also find scam sites. In fact, the number of scams is significantly more than the number of authentic websites. So being well-informed is extremely important when you’re using these types of sites.

Because you keep your digital currency in your wallet, you sometimes have to share your personal and financial information while registering. If the website isn’t legit, they can steal your personal information.

You should evaluate the top crypto betting sites and choose an authentic website. If you want to make an informed decision check the following methods:

Use Trusted Info Websites Like dappGambl

Websites such as dApp Gambl share the latest information on different gambling and betting websites. These sites help users to identify genuine websites and make informed decisions. You can find comparisons between platforms, reviews, and pros and cons.

Checking these info websites can help you choose the right tool to earn money. If you don’t have information about betting platforms, you can navigate these websites and conduct research.

View Ratings and Find Reviews

Review is an important tool to determine the authenticity of a website. Never make decisions without checking other people’s experiences because reviews can say a lot. People can write about a certain bad experience, excessive bugs on the platform, a complicated interface or share concerns about the casino’s practices.

Just like when you buy from Amazon, if you find a crypto betting site with more bad reviews than good ones, it’s a sign that you shouldn’t give them your money (or your info).

You can tell whether the website has payout issues, poor customer service, and bad games without creating an account on the site. You can learn from people’s experiences and make an informed decision. That way, you can prevent identity theft and scam.

But, even if you find a website with good reviews, it doesn’t mean that it’s a good site. Many developers get fake good reviews to attract gamers. Identify those websites by checking the names of the people who posted the reviews, fake reviews tend to be easy to spot.

Does the Crypto Betting Site Support your Country?

Geo-blocking is common within the crypto-betting world. It’s essential to make sure you can play at a site before signing up. Although you can sometimes use a VPN to get around geo-blocking, it may be against the terms and conditions. This will put your funds at risk, so you must weigh the risk.

Check Security and Encryption Features

Keep your info safe and evaluate different platforms and compare their security features.

Choose a platform that encrypts your information to prevent any cybersecurity threat. When you keep your money on a platform you have to make sure that they are authentic and take the proper measures to ensure your information is safe.

Check Payment Methods Available

If you want to play using crypto, you must check the available payment methods. It’s not just a case of looking to see if cryptocurrency is accepted, either. You will have to look to see which cryptos are accepted. For example, if you want to play using Cardano but it’s not accepted, you will have to find another site or use another crypto.

Is the Crypto Betting Site end-to-end Crypto?

End-to-end crypto means your payment connections are encrypted between you and the site. This significantly reduces the possibility of hacks and data theft. It can also mean that all payments directly use crypto and are not converted to other funds when you deposit. Hybrid casinos will often convert your funds into fiat once it confirms the deposit. End-to-end crypto payments are the most secure method, so if security is important to you, you should look out for this.

Low Crypto Banking Fees

Sending crypto will almost always incur gas fees. When choosing a site, you want to ensure it doesn’t add to these fees. If there are additional costs for making deposits and withdrawals, it might be worth looking for another site to play at.

Selection of Bonuses

Sportsbooks bonuses can help to boost your crypto bankroll. A good choice can help make a crypto site stand above others on the market. Crypto sportsbook bonuses can be more diverse than standard bonuses as well. For example, you might get regular odds boosts, providing extra value for players. Finding the best bonuses for you can make your experience far superior.

Check the List of Sports the Site Offers

Making sure the sportsbook offers your chosen sport is vital. If you’re an NBA fan and it’s unavailable, it instantly makes the site worthless to you. Usually, this won’t be a problem for the more popular sports. However, you will have to check if you want to bet on e-sports or something less popular.

Check their Support Team

Customer support can make or break a site. If you have an issue, you need to know that help will resolve it fairly. Most sites will allow you to check the support before signing up. Spend time checking it out and ensuring that it provides the required service.

Make Sure It’s Easy to Use

Another factor to consider while choosing a platform is its usability. The simpler a website is to navigate, the more usability rating it will secure. Complicated websites with poor experiences say a lot about the people who developed them.

Since the introduction of blockchain, more and more eSports websites are moving to the decentralized format. Their goal is to offer advanced features and securities to their users. 

Choosing a crypto payment processing method for betting gives players many benefits. They can instantly deposit or withdraw cryptocurrency from their account. Here are some pros and cons of crypto betting platforms:

If you want to bet effectively, there are some tips to help you on that journey. Profit is never guaranteed when betting on sports with crypto, but you can increase your chances of success with our guidance.

Educate Yourself

Learn about as many aspects of crypto sports betting as possible. Learn about different odds, methods of betting, and devour stats. Putting all of this together will help you to become a better bettor. The more time you spend learning about successful betting, the higher your chances of being successful yourself.

Study Effective Tactics

There are lots of sports betting tactics out there. There are betting systems and betting strategies. Both can be put together to give you a better chance of success. Betting systems are ways that you approach your sports betting choices. An example could be that you choose to bet on home teams more often than away teams. Most systems will be more complex than that and will provide a better statistical chance of being a success.

Strategies are usually related to your bankroll. Managing your bankroll is another vital aspect of having an effective tactic. A bankroll management strategy will allow you to choose the right wager size for each bet.

Enrol in an Online Community

Online communities are a great way to instantly access vast swathes of knowledge. When you join an online community, you can discuss different areas of crypto sports betting with like-minded bettors. You can also find out early information that sportsbooks might not be aware of yet. These communities can be an excellent way to find good value bets and increase your knowledge.

Most crypto sites that feature sports betting will offer the opportunity to carry out live betting. As previously mentioned, live betting is when you bet on a sporting event as it is taking place. There are a lot of different options available but we’ve covered some of the best below.

Casinos that accept cryptocurrencies, like Stake Casino, Fortune Jack, 1xBit and Sportbet, are all sites that allow players to enjoy live betting. Check out our reviews for each site to see which one can provide the overall service that you require. Once you’ve signed up for an account you can easily start crypto betting on live events as they are taking place.

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 could be three single bets with odds of 2.00. If you placed 1 BTC on these three bets, you would 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 would create 6 two-bet parlays, 3 three-bet parlays and a single four-bet parlay. This would be a total of 11 bets, and you could 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 would 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 would allow you to maximise 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 could 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 would win if the Dolphins lost by 6 points or less. If the Raiders won by 7 points or more, your bet would lose.

Spread betting provides the best value when it offers good potential odds on two closely matched teams.

Signing up to a crypto betting site is a very simple process. It just takes a few simple steps to find the right site for you.

First you need to look at what it offers. If you want to play with Bitcoin Cash or want to bet on basketball, then make sure those options are available. Our reviews will help you along with that. Once you’ve found the site you like, just click the link in our review to start the process.

Once there, all you need to do is click on the sign up or register button. This will then take you through the process. Just make sure that you have the right crypto wallet available first or it will be an extra step to carry out after signing up.

Finding the best crypto betting sites is not difficult. You just have to know what you’re looking for and create a list of top cryptocurrency betting platforms. Now evaluate each platform from the list to identify the best option. The above-mentioned information will help you choose the right crypto betting website. Once you find the site, you can place bets and win exciting rewards.