Online Betting » Best Bitcoin Betting Sites

Which Bitcoin Betting Sites are the Best? Step-by-step Guide to Bitcoin Betting

Dave Kuzio
Editor
Fact checked by: Jim Knight
Last Updated on 24.05.2024

You’re missing a lot if you’re a sports bettor and not using Bitcoin for your sports betting activities. The best Bitcoin betting sites offer lightning-fast deposits, competitive odds, the best crypto bonuses, top-notch betting platforms, and payouts within minutes.

As avid sports bettors, we delved into the market to identify sports betting sites that accept Bitcoin payments, offer above-average odds across thousands of betting markets, and deliver an exceptional overall sports betting experience. If you have some crypto to spare, join us as we unveil the online destinations where you can confidently wager with Bitcoin.

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Compare the Best Bitcoin Betting Sites in May 2024

Discover the Top 3 Bitcoin Betting Sites Online

With Bitcoin sites on the rise, it might be hard to narrow down on one that is right for your sports betting needs. Our research indicates that Parimatch is currently the best sportsbook for Bitcoin betting. Let’s discuss what we think makes Parimatch great and see which other bookmakers made the cut:

Parimatch: Best Bitcoin Betting Site Overall

Parimatch Sports Tennis
Parimatch sports betting site
Parimatch mobile betting
Parimatch mobile betting options
  • 30 years of existence
  • Low Bitcoin deposits
  • Best sportsbook bonuses
  • Mobile betting
  • Many restrictive countries
  • Confusing site design

Parimatch India was an easy pick for the best Bitcoin bookmakers. You simply cannot compete with 30 years of reputation, instant Bitcoin withdrawals, 35+ sports to bet on, live betting and streaming, thousands of sports betting markets, and the best sports betting bonuses and offers.

Parimatch requires a minimum deposit of only 0.0001 BTC with no additional fees, which is quite low for deposits in general. The timeframe for withdrawals varies, spanning from a swift 15 minutes to a maximum of 48 hours. Even so, that’s still faster than your average bank card or transfer processing times. Parimatch accommodates withdrawals with a minimum of 0.00037 BTC and a maximum limit of 0.0021 BTC, without any associated processing fees. However, if you want to withdraw over 0.0021BTC, you must fully confirm your account.

N1Bet: Best Bitcoin Sports Betting Bonuses

N1 Bet mobile betting
N1Bet mobile bookmaker
N1 Bet mobile betting
N1Bet sports
  • 70% sign-up combo-boost bonus
  • Free-bet bonus 50%
  • Weekly cashback bonuses
  • Over 40 sports to bet on
  • Higher withdrawal limits for VIP players
  • Many country restrictions

With a diverse range of over 40 sports available to bet on, including soccer, tennis, basketball, darts, Gaelic Football, Squash, and Stock Car Racing, N1Bet has managed to capture our attention. Additionally, it features approximately 500 live events daily.

N1Bet stands out with its comprehensive sports welcome bonuses and promotions, such as a combo boost of up to 70% applicable to soccer, eSports, basketball, ice hockey, American Football, and more. Moreover, it offers a Free bet bonus of 50%, with a maximum limit of €200. The good news is that many of these promotions are accessible with Bitcoin funds, but always double check the terms and conditions in case of any payment exclusions for special offers.

As for payment methods, among others, N1Bet accepts Bitcoin, requiring a minimum deposit of 0.0001 BTC, free from additional fees. The system swiftly processes Bitcoin withdrawals within 24 hours. The withdrawal limits stand at a minimum of €30 and a maximum of €4,000, both without associated fees.

ComeOn Sportsbook: Best Bitcoin Site for Live Betting

comeon main
ComeOn Sportsbook bookmaker
comeon mobile
ComeOn Sportsbook mobile betting
  • 10% Boosted Odds every day
  • Innovative Retro Bet for E-sports
  • Excellent in-play betting platform
  • 500 live events daily
  • Deposit and withdrawal fees
  • Slow site loading at times

Established in 2010, ComeOn Sportsbook has steadily gained popularity among sports bettors. With excellent pre-match markets and odds, it excels in its live betting section, covering over 500 live events daily with 50+ in-play markets.

For added value, log in daily at 10:00 for 2 Bet Boosters up to 10% on your favourite bets. Additionally, newcomers are welcomed with a substantial bonus – deposit €10 and bet with €60 on your first deposit, and that includes Bitcoin purchases.

ComeOn is among the most innovative sports betting sites accepting Bitcoin and other betting payment methods. Bitcoin deposits at ComeOn are swiftly processed with a minimum of €15 and a maximum of €5,000. Withdrawals, processed within 24 hours, have a minimum limit of €20 and a maximum of €5,000. It’s noteworthy that while Bitcoin doesn’t charge fees on its transactions, ComeOn imposes a 0-2% fee on all deposit and withdrawal methods.

Best Bitcoin Betting Sites: Ranking Methodology

Before you sign up with any of the Bitcoin betting sites, there are a few things you should consider. Below we detail our main ranking criteria for choosing the best Bitcoin bookies, taking into account other site features that you would want to accompany your Bitcoin transactions:

Sports Covered

The best Bitcoin sportsbooks need a broad coverage of sports betting events not only from the most popular markets and leagues in the world, but also events from different parts of the world.

We carefully examined the sports coverage of each betting site provided here. They all offer bets on major sports like football, baseball, basketball, tennis, cricket, hockey, and combat sports so that you can stay tuned to popular leagues and events. Furthermore, extensive coverage includes key eSports such as Dota 2, League of Legends, CS:GO betting, and others.

Betting Markets

Delivering a broad selection of sports betting markets enhances the sportsbook’s flexibility and excellence. Offering a diverse range of markets for both pre-match and live events is equally important for ensuring a comprehensive and satisfying betting experience. We ensure that the sportsbook includes the following betting markets for the most popular sports:

SportBetting Markets
FootballMatch Results, Over/Under Goals, Both Teams to Score, First Goal Scorer, Corner Kicks, and Player Goal Scorer, Anytime Goal Scorrer, Total Corners
BasketballMoneyline, Point Spread, Total Points Over/Under, Player Points, Futures and Prop Bets
BaseballMoneyline, Run Line, Home Runs, Total Runs Over/Under, Futures, and Propositions
CricketMatch Winner, Top Batsman, Man of the Match, Toss Winner, Series Winner, Draw No Bet and more
TennisMatch Winner, Total Games/Total Sets, Set Betting – scores, Handicaps, Tournament ‘Outright Winner’ bets
HockeyPuck Line, Money Line, Total Goals, Highest Scoring Period, Double Chance and Winning Margin

Live Betting Experience

Nowadays, the live betting experience at the best betting sites is the deciding factor of your commitment to Bitcoin bookies. Live betting makes wagering more exciting. If you think your team won’t succeed, you can make a hedge and place the bet the opposite way to cover the risk, for example.

In-play betting has multiple advantages, including real-time decision-making, adapting to the situation, and early cash-out. We ensure all these options are covered as you bet with Bitcoin.

Bonuses and Promotions

Welcome bonuses and promotions are the lifeblood of every outstanding Bitcoin betting site. We choose Bitcoin bookmakers that offer generous bonuses intended for sports bettors. We also consider their terms and conditions, wagering requirements, and expiration dates; it’s also important to see if Bitcoin is excluded as a payment option for the vast majority of offers.

If you’re a newcomer in the sports betting world and want to test the waters without risking your own money, the best sports betting bonuses can help you greatly.

Other Supported Payment Methods

Even though Bitcoin is the king of cryptocurrencies, we appreciate betting sites that support a wide range of altcoins. While diversity is the first ranking criterion, the speed of withdrawals is equally important. Given the digital nature of cryptocurrencies, swift and delay-free withdrawal processes are imperative to enhance the overall efficiency and satisfaction of the betting experience.

However, recognising that Bitcoin may not be everyone’s preference, we also opt for sportsbooks accommodating FIAT currencies, e-wallets, and bank transactions to cater to a broader audience. If Bitcoin is not your cup of tea, check out top PayPal betting sites.

License and Security

To bet with the peace of mind that your funds and data are safely stored is paramount. This list exclusively features licensed and reputable sports betting sites that meet stringent security criteria, hold licenses from reputable bodies, employ SSL encryption to safeguard your data and transactions, and undergo regular audits of their sportsbook.

Mobile Compatibility

Bitcoin transcends borders, allowing bettors to wager from anywhere at any time. With mobile-compatible sports betting sites, this becomes even easier. Mobile betting offers the same level of security, including SSL encryption, two-factor authentication, and a firewall to protect your data.

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How Do I Add Funds to Bitcoin Bookmakers

To add funds to your account and start gambling using Bitcoin, you should follow these steps:

Create a Bitcoin Wallet

You can choose from various types of wallets, such as Coinbase, Hardware or Software.

Buy a Bitcoin

Purchase a Bitcoin using FIAT currency such as Eur, USD etc. You can use the most secure and popular exchanges for this action.

Transfer Bitcoin into your Wallet

Once you have successfully finished purchasing, it’s time to transfer your Bitcoin into your wallet. That’s where your Bitcoin is securely stored.

Choose your Bitcoin Betting Site

Find a reliable bookmaker that’s licensed and regulated by a gambling authority. To skip the hard work, you can choose from the best betting bookies on our list. Also, check the terms and conditions to find out if there are any fees associated with Bitcoin deposits and withdrawals.

Register your Account

Create an account with the chosen Bitcoin betting site. Confirm your email address and phone number and pass the KYC process.

Fund your Account

Request a Bitcoin address from the bookmaker and transfer the funds. Be careful when typing the address because Bitcoin transfers cannot be reversed.

Start Betting using Bitcoin

Once your account shows a balance, you can start using your Bitcoin funds to make bets.

Advantages and Disadvantages of Betting With Bitcoin

Bitcoin is redefining how anonymous and secure gambling should look. Betting with Bitcoin has both several benefits and drawbacks, so we highlight the most important ones below in our list below.

  • Anonymity and security
  • Faster transactions
  • No boundaries
  • Lower or no fees
  • Irreversible transactions

Based on this list, certain things are clear. For one, you no longer have to wait for days until your winnings are deposited into your account since Bitcoin transactions are instant. Secondly, Bitcoin transactions feature little to no fees, making them more cost-effective for sports bettors. This means you’ll be able to keep more of your winnings and have a more cost-effective betting experience.

Remember that Bitcoin transactions are irreversible and can only be refunded by the receiving party. If you input the address incorrectly during the transaction, you can bid farewell to your Bitcoin.

Ready to Play at the Best Bitcoin Bookies?

Having reached this point, you now have a solid understanding of the essentials of Bitcoin betting. Our team of experts has extensively reviewed numerous sports betting platforms, specifically those that accept Bitcoin while providing favourable terms, a wide selection of sports and sports betting markets, other payment options, and more.

As a result of our deep analysis, Parimatch India emerges as the top betting site. It’s hard to compete with 30 years of existence, coupled with generous welcome bonuses, seamless Bitcoin deposits and withdrawals, and the convenience of mobile betting applications.

While there are other bookmakers worth exploring, we hope that at least one of them aligns with your preferences. If you decide to make a choice independently, make sure to select a reputable bookmaker to kickstart your Bitcoin betting adventure. Most importantly, remember to always bet responsibly.

Great betting sites for Bitcoin

🤷 How do I know if a Bitcoin bookmaker is reliable?

To determine whether the Bitcoin bookmaker is reliable, you should check the company owner, licensing and players’ reviews. Once these three boxes are ticked, you can start betting with peace of mind.

😎 Do online betting sites accept only Bitcoin?

No, almost all betting sites that accept Bitcoin, accept other currencies too, such as Ethereum, Litecoin, Dogecoin and FIAT currencies deposit and withdrawal options as well. 

✅ How long do Bitcoin withdrawals take?

Bitcoin withdrawals are instant once the bookmaker has processed your Bitcoin withdrawal request.

🤑 Can I claim welcome bonuses using Bitcoin deposits?

Yes, you can claim welcome bonuses using Bitcoin. Even more, some bookmakers give extra bonuses for crypto depositors.

🤞 Can I get my Bitcoin back if I send it to the wrong address?

No, you cannot get your Bitcoin back if you type the wrong address. Always double-check and make sure the address is correct. 

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