Crypto Betting and Everything You Need to Know in 2023
Betting With Crypto — It Just Got Easy
Welcome to our crypto betting page! Here, you can find the latest and best crypto betting sites on the market in 2023. Whether you’re into crypto betting on sports or esports, or if you prefer the burgeoning crypto casino scene, there is no doubt that the current period is an exciting expansion within the various crypto-themed gambling sites.
Of course, any good crypto site is the perfect place to start, so before we take a look at cryptocurrency wagering in more detail, we will look at the best crypto betting sites, some of which have their own crypto casino and crypto esports betting services.
Reputation and Trust: Choosing the Right Crypto Betting Site
Some unscrupulous sites proved less trustworthy in the early years of crypto betting, but that is no longer the case. The good news is that the industry is much more regulated now, including the sites that we recommend above. We have ensured that you can trust them, and their reputation is second to none.
You can’t really go wrong if you go with any of our recommended sites, but we do advise you to take a look at each and see which one most matches the type of crypto gaming you want. It’s worth noting that what the sites can offer in terms of crypto sports betting, crypto esports betting, or crypto casino gaming can vary considerably.
Of course, you can choose to join another site, but if you do, do check that the site is licensed by a trusted authority, such as Malta Gaming Authority, UK Gambling Commission or similar. Familiarizing yourself with the kinds of licences can ensure you avoid potential heartache later down the line.
Fantastic site for crypto casino gaming, esports betting and sports betting
Great value welcome bonus worth up to €500
More than 2,000 slot games to pick from, plus card and dice games
Live casino available
VIP Club for selected players
Excellent range of cryptocurrencies available to use on-site
Excellent service for mobile users
A fantastic all-around site that has become a specialist crypto gambling hub for many customers that like to try their hand at a range of crypto betting and casino gaming. Crypto betting at Thunderpick is a great way to get started, regardless of what kind of betting you’re into!
Huge range of sports, including niche esports such as Rocket League and NBA 2k
Up to 240% deposit bonus for new players
Option to purchase cryptos directly through the site
18 accepted cryptocurrencies available
Specialist VIP perks including extra bonuses
BC.Game has been a staple of the crypto betting industry since the beginning. With millions of players worldwide, they’re a great place for newcomers. With an extensive BC.Game crypto casino and a huge range of sports, it’s virtually guaranteed that you’ll find something that fits. The bonuses certainly sweeten the deal too!
Began life as an esports specialist site but has now expanded into sports and casino gaming too
Outstanding esports betting service in particular
Some of the best value offers are available from any online or mobile crypto provider
Live Streaming service available for customers
Our Luckbox review shows that both fiat currency and crypto depositing options are available
After starting life as an esports specialist, Luckbox’s big plans for the future have seen it expand to cover both sports and casino gaming, too, and their site is a fantastic option for a customer that wants great all round value, good promotions with a particular focus on high-quality esports betting.
Heavily focused on esports but with a great sports selection too
Deposit bonuses and free bets available for all new customers
Variety of game-specific esports, including League of Legends and CS:GO
Live betting and viewing are available
Huge range of tournaments, including A and B tier
If you’ve read our Loot.Bet review, you’ll know that their name is synonymous with esports betting. Loot.Bet has one of the best esports offerings available that extends far beyond the usual Dota, CS:GO and LoL. They have consistently solid bonuses for new and existing fans too. Esports fans, this one’s for you!
13 accepted cryptocurrencies, including Bitcoin and Litecoin
Option to purchase cryptos directly using Apple Pay, Google Pay and more
Daily tournaments with huge prize drops
Earn loyalty points for more prizes the more you bet
6 bonuses to choose from including deposit, cashback and reload bonuses
The Bets.io crypto casino has got to come close to the top of the list. It’s a specialist casino so you can’t bet on sports or esports here. However, they have such a huge range of games that, coupled with attractive bonuses, are sure to keep your attention.
A classic casino with a brand-new sports and esports section available
31 sports and esports markets to bet on
Fully licensed and regulated
Live casino table games, including blackjack and baccarat.
Bonuses for every kind of player, including tournament specific bonuses
Duelbits might not be on many sports and esports fans’ radars, but their brand-new section is worth your time. Our Duelbits review includes a full breakdown of all the cryptocurrencies available to bet with (and there are a lot of them!). With a brand new expansion into sports, it seems that Duelbits is here to stay.
One of the largest ranges of cryptos on the market
Range of niche esports, including Warcraft 3 and Age of Empires
Around 20 different bonuses are available for casino, sports and esports betting
Live betting graphs are available to all players
Focus on popular tournaments such as the NFL
Esports betting at Bitsler is becoming more and more popular. Now that all players can use every one of their 24 available cryptocurrencies, it’s difficult to see any downsides here! Not only that, but they have both sports and a casino full of exciting games to play. They’re a fantastic choice for all kinds of bettors.
Overview & Special Features
Betting on casino games, sports and esports available
Option to send existing crypto directly to your Cloud Wallet
100% deposit bonus available for all cryptos on the site
60 day grace period to complete wagering requirements for the welcome bonus
One of the largest live casino selections out there
There’s more to Cloudbet than simply their amazing crypto poker section. With a brand new racing section already in beta, their expansion into both sports and esports betting is almost complete. As a fan-favorite site, they’re well known for extensive and generous bonuses so now might be the time to get involved!
Overview & Special Features
Casino games from some of the best software providers including NetEnt
New sportsbook including esports to bet on
Live casino games with roulette, blackjack and many more
Amazing welcome bonus worth up to $80 in free spins
Automatically transfer crypto to your account
No crypto betting site loves a themed event more than Roobet! There are so many extra bonuses added all year to keep the fun going. What’s more is that although Rootbet has a big focus on their casino, there’s also a great number of sports and esports crypto bets available too.
Esports section is contained within the sportsbook
Casino and Virtual Sports available on the site.
Not the widest selection of sports betting or esports betting markets available.
Bet Builder & Cash-Out options are available.
Sportsbet.io is a good option for crypto users that want to focus primarily on casino gaming and esports. As you’ll see in our Sportsbets.io review, the site offers a smaller selection of sports, but there are a wide range of markets available for those it does cover.
A site that focuses on offering sports and casino betting in the main, esports is more of a subsection of its crypto sports betting service
Decent selection of bitcoin payment options
Does not accept fiat currency deposits
Not the most generous welcome bonus for new customers
Stake is a good site if you are more into crypto sports betting or crypto casino gaming. Esports on Stake.com is very much an add-on to the sports betting site, and there are more comprehensive options available if esports gaming is your preferred form of a crypto bet.
Another site that offers extensive esports and sports betting and casino gaming
Excellent choice of slots and Live Casino in particular for casino fans
Good selection of crypto payment methods available
Zero wagering requirement on bonuses offered by the site
Loyalty Club is available for customers who can earn rewards as they play and the opportunity to become a VIP member
High-quality service for mobile customers
Bitcasino.io is a fantastic site that offers a wide range of different gaming options for cryptocurrency users, with an excellent choice of casino games in particular, but its sports betting and esports betting services are equally impressive too. Check out our Bitcasino.io review for more information.
Crypto Betting vs Mixed Currency Betting
There are some sites out there that offer crypto betting or casino gaming alone. While others allow you to gamble using crypto or a different, more standard currency, such as US Dollars, the Euro etc.
Now, at first glance, it would appear that having the option of both is the best choice here, and certainly, several excellent sites allow you to operate your account using both methods. However, some sites have now got the confidence to move exclusively to bitcoin betting or other cryptocurrencies because there is such a growing market, particularly in the 18-34 age range, of customers that are confident and happy to use crypto as their sole source of funding.
What you need to look out for on traditional sites that now also offer crypto betting is whether you can deposit and win in one type of currency and withdraw in another. Most sites don’t tend to allow you to do this as they do not want to act as a cryptocurrency exchange.
On crypto-only sites, this is not an issue, and all deposits and cashouts will be completed using crypto.
In truth, what option suits you best is determined by how you want to bet. If you want to bet using crypto alone, then a crypto-only site is fine. If you are going to use a mix of fiat currency and crypto, then a site that offers both is obviously the better choice.
Below you’ll find a summary of the cryptos available to gamble with.
Cryptos you can bet with
Ethereum is one of the better-known cryptocurrencies on the market. It’s a great starter because it’s available on most online betting sportsbooks and casinos. You certainly won’t be hard-pressed to find a site that accepts it.
To participate in Ethereum gambling, you’ll need to exchange your dollars at a respected site. Sometimes, you’ll even be able to buy it at your chosen betting provider, which could save you some time looking for the best place to buy it! You’ll also be able to skip the step of transferring it to your betting wallet if you buy directly from the site.
Although Cardano is pretty new to the world of cryptos and might not be as well known as the likes of Bitcoin, it’s becoming more and more popular. Fans of sports and esports betting in particular could well find a good deal, especially if you go to a site that specializes in this kind of betting.
Cardano gambling is ideal for many types of online betting because of the low fees, which is music to a lot of fans’ ears! You won’t find hidden costs or anything when it comes to transferring your Cardano back to flat currencies such as dollars.
What started out as a meme has swiftly become one of the most legit cryptos out there on the market. It’s also one of the oldest, having been around online for almost 10 years. It seems as though almost any legit crypto betting site will have Dogecoin as an option.
As with most cryptos, Dogecoin gambling works on a blockchain. If you have a crypto wallet already, make sure that you can use Dogecoin with it. If not, you’ll save a lot of time by researching which wallets you can use.
Another big player in the world of cryptos is Litecoin. It would be pretty surprising if any of the top online crypto casinos or sportsbooks didn’t have Litecoin as a deposit option. You can even bet on esports with LTC too! In fact, most of the recommended crypto betting sites have it listed on their site.
It’s worth taking your time to understand how the different cryptos differ. But as a “lite” version of other cryptos such as Bitcoin, Litecoin can be a little on the simpler side. It’s a great place to start if you’re new to the world of crypto gambling.
Not to be confused with Dogecoin, Shiba Inu betting is a fantastic option for ethereum based online gambling. It’s a little more complex than other types of betting so perhaps not best for beginners. Shiba Inu has three different types: shib, bone and leash with varying amounts of availability.
Since it is a lot more new on the scene than many others, it might not be as readily available as others. However, the more well established sites should certainly be adding it to their roster soon, if they haven’t already!
Ripple is one of the lesser-known cryptos on the market, but the fact that it’s gaining such popularity goes to show how well it works. If you’re looking to start betting with Ripple, you’ll need to find a great betting site that allows it. Luckily, this shouldn’t be as difficult as it first appears!
To bet with Ripple, simply purchase some XRP either through your chosen betting site or a properly licensed crypto wallet. Rest assured that you won’t be limited in what you can bet on either, most sites allow XRP on casino games and sports!
You may not have heard of Stellar if you’re new to online betting and gaming. However, it is one of the more common forms of cryptocurrencies. One of the more exciting aspects of esports betting with Stellar is that many online sites allow it for both deposits and withdrawals.
However, Stellar is a little more niche at this point in its life. That means that although you can certainly find a site to bet on popular sports such as football, some online betting sites might not allow betting with Stellar on their whole sportsbook.
It’s worth noting that despite its name and despite that you might know about other cryptos, Tron is not a meme currency! Tron betting is, like many other forms of cryptos, getting more and more popular. As the ability to bet at legit sites on sports, esports and casino games becomes more prevalent, serious bettors may wish to turn their attention to Tron.
Tron is only around 4 years old and this gives it the benefit of not making the same mistakes as those that came before it. It’s also worth noting that it’s one of the few currencies on this list that is decentralized.
There’s good news for fans of USDT! This currency is seemingly becoming more and more popular every day, probably due to the relative stability when compared to other similar options. Also known as Tether, USDT betting is already almost 10 years old. You can acquire it pretty simply at most online crypto exchanges and it can easily be transferred between wallets, betting sites and your own bank account when converted to a flat currency such as USD. It’s also one of the few currencies that is owned outside the USA, as the parent company is owned in Hong Kong.
You may well be wondering what the difference between Bitcoin and Bitcoin cash is, and that would be a reasonable question! We’re pleased to report that it’s pretty easy to get to grips with, even for new players. Simply, back in 2017, the blockchain for Bitcoin split into two due to a hard fork, meaning that users are able to complete more transactions. This is great news if you’re looking to place some bets and meet those pesky wagering requirements to claim your bonuses! It seems that Bitcoin cash gambling could well be more advantageous than the singular blockchain for fans of sports, esports and casino gambling.
Binance Cash is a great crypto option for those looking to freely transfer their currency around, whether to crypto wallets so they can bet or to send to friends and family. This decentralized crypto is really easy to use and with Binance Coin gambling sites on the rise, now is a great time to get started.
Binance is another currency that can be used on casino games, a huge variety of sports and eSports depending on the site. You might not see it at every site at the moment but trust us, it’s coming!
You may be wondering why you should go for a lesser known crypto like Monero when Bitcoin is on the market. Well, the level of privacy that Monero offers is higher and more reliable since there is very little in the way of transaction history. Using this to get started with Monero betting can certainly help you feel more secure online, which is largely what cryptos are about after all.
There are a tonne of betting sites out there that are adding over 20 currencies to their rosters so it’s pretty likely that Monero will be on the roster. While it’s popular with casino players, betting on sports is also possible!
Solana is a fairly new crypto in the world of currencies that is designed to scale more effectively than others in the market. You’ll need to place your bets using SOL that can be obtained from most legit crypto exchanges these days. Solana gambling is getting easier and easier and with so much knowledge and experience behind it, it could certainly help you to win big in your casino games, sport and esports betting.
Crypto Betting vs Traditional Betting: Pros and Cons
So, what happens if you are used to traditional betting and are unsure about crypto betting? What are the pros and cons of crypto betting compared to traditional forms of fiat currency betting?
Here are some simple pros and cons for each type of betting, and this includes crypto casino and standard cash casino gaming too.
Crypto Betting Pros
The value of your crypto balance can increase if the market increases in value, but markets can be volatile.
An increasing number of sites are becoming available offering sports and esports betting as well as casino games using crypto.
Popular versions of casino games for crypto-only, such as progressive jackpot games, are now becoming available and more widespread.
The most secure form of wagering online. You can bet anonymously using crypto.
Rapid payouts and withdrawals and sites often have higher limits.
Crypto Betting Cons
The value of your cryptocurrency balance can decrease if the market falls or crashes. Crypto markets can be volatile.
Smaller choice of sites offering crypto betting or casino games (but the number is growing).
If you want to convert to fiat currency, you will likely need to use a crypto exchange.
Not as well known or trusted amongst a significant number of older bettors who have not grown up with the technology.
Very well regulated in most jurisdictions with good player protection.
Very wide selection of casino games available
Massive choice of sports and esports to bet on with a massive choice of markets in both.
The most common way that people start betting or casino gaming online.
Traditional Betting Cons
Not as secure a form of betting as using cryptocurrency.
Generally, lower limits for fiat currency compared to crypto.
Not as popular nowadays with the 18-34 year old demographic.
Sports Lines and Odds
If you want to bet on sports using crypto, then the good news is that the sites that offer this will have a massive selection of markets and odds available that you would find with a traditional betting site that operates using fiat currency.
There’s no real difference between how the odds are presented or how you are paid out if you win in terms of sports betting with crypto. As this market increases over the next few years, we think eventually, crypto sports betting will be indistinguishable from standard sports betting in terms of the options, odds and markets available to you.
Which Video Games are Included for Crypto Esports Betting?
Betting with crypto on video games, or crypto esports betting as it is also known, is one of the fastest-growing aspects of the esports betting industry both in terms of popularity with bettors and in the number of games you can now bet on with crypto.
The big three, in terms of esports, League of Legends, Counter-Strike: Global Offensive and DOTA 2, feature heavily. Still, increasingly sites are now also offering bets on a wider range of esports.
This includes sporting esports, such as NBA 2K and FIFA, and hybrid sports games, such as Rocket League.
Other titles with a good following for crypto betting include StarCraft, VALORANT, King of Glory, Call of Duty and Rainbow Six Siege.
As with sports betting, esports books will offer pre-event odds on games allowing punters to place ante-post bets, as well as offering extensive In-Play betting while games are in progress.
The types of games you can access with crypto betting do vary from site to site, but in general, sites are offering a much wider range of esports to bet on with Crypto nowadays than they did even 12 or 18 months ago.
Crypto Betting Bonuses and Promotions
If you are keen on betting with bitcoin, or indeed any other cryptocurrency, then the good news is that using digital currency now does not mean you cannot access a raft of good welcome bonuses from sites.
As is customary with signing up using fiat currencies, you can now access equally appealing, and good value starter offers when you join betting or casino sites that use cryptocurrency.
What is important to note is how your bonus will be paid to you, especially when you’ve put the work in to claim the BC.Game sign up bonus. Some sites offer immediate access to your bonus cryptocurrency to bet with on-site. Others may drip-feed you the bonus as you place bets on the site and spend your deposited cash.
Another thing to look out for is that some sites ask you to use a specific bonus code to access their offers, whereas others do not require any code, just that you make the qualifying deposit, or place the qualifying bet, in the correct manner.
As is the case with standard welcome offers, including Thunderpick promo codes, cryptocurrency welcome bonuses are usually subject to wagering requirements that need to be met before you cash out. Otherwise, you will lose your bonus.
Since cryptocurrency casino gaming, esports betting, and sports betting is a growing industries, crypto betting sites and crypto casinos now regularly update their offers to attract new punters, with some healthy welcome bonuses available, even for higher rollers.
By choosing one of our reliable operators, the good news is that punters don’t have to worry about problems in the fine print or unfair conditions. We’ve done that check for you!
As crypto betting becomes more standardised across more sites and to more customers, you can expect the industry to continue to develop new and exciting bonuses and promotions, both for new and existing customers. It is certainly an exciting time to engage in a little crypto betting or crypto gaming!
Best Crypto Wallets for Gambling
You’ve probably heard all about crypto wallets if you’re involved with cryptocurrencies for any of their functions. But what are they and how do you use them? Simply, a crypto wallet is an online tool to keep all of your cryptocurrencies safe, but easily accessible at the same time. The accessibility is really important when betting, you don’t want to miss out on an amazing opportunity because you can’t place your bet in time! You’ll almost undoubtedly need to get your hands on one to take part in any kind of online betting with cryptos.
Remember that when you’re looking for the best crypto wallet for online gambling it’s important to consider whether or not the wallet actually allows betting with their service. Although checking the T&Cs of every wallet can be tedious, it really would be very annoying to have your wallet account cancelled because you didn’t realise they don’t allow betting. It may seem a little illogical for services not to allow betting but a surprising number of the top sites don’t. However, once you find one that works for you, transferring your crypto to the site bypasses purchasing it directly and can save time.
Best Crypto Betting Apps
As is often the case these days, many online betting sites will have some kind of app available for download on both the Apple and Google stores. Realistically, most fans of online betting like to be able to do it on the go, especially if they’ve forgotten to place that last-minute bet! Apps can also ensure you can always get your bet in, even if you’re not at home. However, finding one that will work with your cryptos is not always easy. Breaking down the best crypto betting apps for your chosen currency and how easy it’s going to be to use it should really be at the forefront of your mind when getting started.
Most online betting sites, whether for casinos, sports or esports, allow some kind of crypto betting, so it should go without saying that many of the apps will allow this too. It’s worth checking out if you can access your crypto wallet and all your currency on the app directly or not as well as transferring the crypto from your wallet to the app is probably the most time-consuming part of the whole process.
Crypto Betting Tips
If you’re just about to begin your first foray into the world of online betting with cryptocurrencies or decentralized betting, you may be feeling a little overwhelmed by the sheer volume of currencies that are out there, and where and how you can use them. Fear not. There are many crypto betting tips to help the process along as easily as possible. Despite their early reputation as being less than desirable, there’s no real need to be worried about using cryptos when betting online anymore. With the success of the well-known currencies such as Bitcoin came a huge amount of demand for new currencies. In turn, the licensing for online betting sites evolved to accommodate them.
The best news is that cryptos don’t discriminate regarding what kind of betting you’re into. Whether you’re looking to get into casinos or crypto sports betting, you’ll likely have very little trouble at your favorite betting sites. They are also competing to provide the best betting experience so you’ll keep using them too!
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Crypto Betting FAQs
Yes, there are a growing number of sites that now offer customers the chance to bet with a variety of different cryptocurrencies. You will need a crypto-enabled wallet and your own crypto to start betting and then sign up with one of the sites we listed above.
Crypto gambling is simply an activity where the customer gambles cryptocurrency on an activity. Most often these activities include sports betting, esports betting and a growing number of casino games.
That depends on where you live. There are some parts of the world where cryptocurrency is banned, but fortunately these places are relatively few and far between.
Generally speak, if casino gaming, sports betting or esports betting, or any combination of these activities is legal in your country, and cryptocurrency is also legal (or at least, not declared illegal) then you should be able to place esports and sports bets and play casino games with crypto
The coins you can use to bet with Crypto online are determined by which of the crypto betting sites you decide to join. Each site may offer a slightly different selection of cryptocurrency available on the site, some even have their own coins which you can buy and use.
However, arguably the most commonly used coins are Bitcoin and Ethereum, with Bitcoin Cash also popular on the best crypto betting sites, but with many new coins now in circulation, the likelihood is as more coins become more popular, then crypto casino, crypto sports betting and crypto esports betting sites will start to offer a wider choice.
For the time being, bitcoin betting remains probably the most popular form of wagering on crypto betting sites.
Rachel is an Esports content manager at Catena Media, working in Italy, Malta and Ireland. Esports is a phenomenon that brings together professional video gamers and fans from all over the world, creating an industry with millions of dollars in revenue.