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Best Bitcoin Betting Exchanges Rated and Compared

At CCN, we dedicate ourselves to finding the best crypto betting exchanges so you don’t have to. Our team carefully evaluates various relevant factors to highlight sites that offer a secure and fun way to compete against your fellow bettors with cryptocurrency.Read more

 

Apart from featuring blockchain betting exchanges of note, this article gives you the following information:

 

  • An explanation of what crypto betting exchanges are
  • Details about what differentiates a Bitcoin sports betting exchange from a traditional bookmaker
  • How the CCN team decides which platforms belong on this list

Let's go!

 

Disclaimer: 18+ and other rules apply. We always advise you to check your local laws to see if online gambling and the use of cryptocurrencies are available in your region. Please remember to comply with the rules and gamble responsibly.Read less

Published
Patrick Lynch
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Our Top Rated Crypto Betting Exchange Platforms

We believe the crypto betting exchanges listed below are the best you’ll find in this niche. Here are the platforms as selected by the CCN team: Jackbit , Wild.io , Vave , Crypto Games , ThunderPick , Bets.io , BetUS , TrustDice , BetPlay  and BetWhale .

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    Reviews of the Best Crypto Betting Exchanges

    Take a moment to read this section if you’re in a rush and want lots of useful information in a short period.

    1. Jackbit

    4.03 / 5
    Jackbit

    Jackbit, established in 2022 and licensed in Curacao, offers a contemporary gambling experience with the option for anonymous play. It caters to a variety of players globally except for restricted countries like the USA, Israel, and France, among others.The casino boasts over 6,000 games, featuring top providers like Microgaming, NetEnt, and Pragmatic Play. Popular games include Sweet Bonanza and Gates of Olympus, and they also offer provably fair games by Bgaming and Spribe.Jackbit’s sportsbook is extensive, covering a wide range of sports from Soccer and Basketball to eSports like Counter-Strike and Dota 2. The diversity continues with less common sports such as Gaelic Football and Biathlon.Payment options at Jackbit include a variety of cryptocurrencies such as Bitcoin, Ethereum, and Solana, facilitating swift and secure transactions. This makes it an ideal choice for crypto enthusiasts looking for a reliable betting platform.

    Cryptocurrencies
    • Bitcoin
    • Ethereum
    • Tether 16
    Languages
    • English
    • Russian
    • Spanish 5
    Licenses
    • Curaçao
    Casino products
    • Slots
    • Video Poker
    • Live Dealer 21
    Number of casino games
    7000
    Support languages
    • English
    • French
    • Russian 1

    2. Wild.io

    4.19 / 5
    Wild.io

    Wild.io Casino was founded in 2022 and operates under a Curacao license. It supports anonymous play, catering especially to cryptocurrency users seeking privacy in their gaming activities.The casino impresses with over 3,900 games from top providers like Evolution, Pragmatic Play Live, and NetEnt. Among these, players can explore a variety of games including slots and thrilling live dealer options.Though Wild.io Casino lacks a conventional sportsbook, it features virtual sports and sports-themed games such as Football Studio, providing a niche for sports enthusiasts within its casino realm.The platform primarily supports cryptocurrency transactions, including Bitcoin, Ethereum, Litecoin, Dogecoin, and several others, promoting quick and secure payment processes.

    Cryptocurrencies
    • Bitcoin
    • Ethereum
    • Tether 7
    Languages
    • English
    Licenses
    • Curaçao
    Casino products
    • Slots
    • Video Poker
    • Live Dealer 21
    Number of casino games
    3900
    Support languages
    • English

    3. Vave

    4.49 / 5
    Vave

    Vave, established in 2022 and licensed in Curacao, supports anonymous play with a variety of cryptocurrency options. It is operated by CHESTOPTION SOCIEDAD DE RESPONSABILIDAD LIMITADA.The casino section of Vave impresses with 11,033 games, featuring notable providers such as BGaming, Betsoft Gaming, and Pragmatic Play. Popular titles include Gates of Olympus 1000 and Sugar Rush 1000.Sports enthusiasts can enjoy a wide range of betting options on traditional sports and eSports, including soccer, basketball, and ESport League of Legends. Live sports betting is also robust.For deposits and withdrawals, Vave primarily facilitates transactions through cryptocurrencies including Bitcoin, Ethereum, and Litecoin. Traditional methods like VISA and MasterCard are also supported.

    Cryptocurrencies
    • Bitcoin
    • Ethereum
    • Tether 10
    Languages
    • English
    • German
    • Russian 16
    Licenses
    • Curaçao
    Casino products
    • Slots
    • Video Poker
    • Live Dealer 21
    Number of casino games
    12560
    Support languages
    • English
    • Russian
    • German 9

    4. Crypto Games

    4.09 / 5
    Crypto Games

    Crypto.Games, established in 2014 under Curacao's jurisdiction, requires users to register with a username. It does not support anonymous play.The platform offers a limited yet exclusive collection of 10 games, including Blackjack, Dice, Roulette, and Slots. These are all developed in-house by Crypto.Games.There is no sportsbook available; however, players interested in sports can try the Crypto.Games Minesweeper, which embodies a sports theme. The platform guarantees a provably fair gaming experience.Crypto.Games supports a variety of cryptocurrencies including Bitcoin, Ethereum, Litecoin, Dogecoin, and more, enabling diverse and secure transaction options.

    Cryptocurrencies
    • Bitcoin
    • Ethereum
    • Tether 7
    Languages
    • English
    • Spanish
    • Italian 8
    Licenses
    • Costa Rica
    Casino products
    • Slots
    • Video Poker
    • Live Dealer 21
    Number of casino games
    6641
    Support languages
    • English

    5. ThunderPick

    4.87 / 5
    ThunderPick

    Thunderpick Casino, established in 2017 and operating under a Curacao license, caters to casino enthusiasts and sports bettors alike. The platform supports anonymous play, facilitated by its blockchain technology integration.The gaming selection surpasses 5,060 titles, spotlighting contributions from Pragmatic Play, Betsoft, and Evolution among others. Featured games include Sweet Bonanza and Booming Seven Deluxe, complemented by unique offerings like Thunder Spin.Thunderpick excels with an extensive sportsbook that covers traditional sports, eSports, and virtual sports, from basketball to CS2 and Dota 2. Their eSports engagement includes partnerships with teams like Evil Geniuses.Payment methods primarily focus on cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, promoting quick and secure transactions. This setup appeals to a global clientele, prioritizing privacy and efficiency.

    Cryptocurrencies
    • Bitcoin
    • Ethereum
    • Tether 8
    Languages
    • English
    • Chinese (Mandarin)
    • French 5
    Licenses
    • Curaçao
    Casino products
    • Slots
    • Video Poker
    • Live Dealer 21
    Number of casino games
    5790
    Support languages
    • English

    6. Bets.io

    4.48 / 5
    Bets.io

    Bets.io, founded in 2021 and licensed by the Curacao Gaming Control Board, provides a secure and regulated gaming environment. It does not support anonymous play, ensuring all players are verified.The casino features over 10,000 games including offerings from leading providers like Pragmatic Play, Evolution Gaming, and Microgaming. Top games include Gates of Olympus and Sweet Bonanza.Bets.io does not just cater to casino enthusiasts but also offers a comprehensive sportsbook with a variety of sports from Alpine Skiing to eSports like League of Legends.In terms of payments, Bets.io accepts multiple cryptocurrencies including Bitcoin, Ethereum, and Litecoin, making transactions secure and convenient for users.

    Cryptocurrencies
    • Bitcoin
    • Ethereum
    • Tether 443
    Languages
    • English
    • German
    • French 8
    Licenses
    • Anjouan
    Casino products
    • Slots
    • Video Poker
    • Live Dealer 21
    Number of casino games
    9768
    Support languages
    • English

    7. BetUS

    3.82 / 5
    BetUS

    BetUS Casino, established in 1994, is licensed by Comoros and does not support anonymous play. It is operated by Milvus Ltd and located in Curacao.The casino offers over 600 games from providers like BetSoft, Nucleus Gaming, and Visionary iGaming. Players can explore a variety of slots, live dealer, and table games.BetUS Casino provides a comprehensive sportsbook with extensive sports options including basketball, soccer, and eSports, catering to a broad range of interests.Payment methods at BetUS Casino include cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, and Litecoin, ensuring flexible transaction options for users.

    Cryptocurrencies
    • Bitcoin
    • Ethereum
    • Tether 3
    Languages
    • English
    Licenses
    • Comoros Gambling License Authority
    Casino products
    • Slots
    • Video Poker
    • Live Dealer 21
    Number of casino games
    631
    Support languages
    • English

    8. TrustDice

    4.23 / 5
    TrustDice

    TrustDice, established in 2018, operates under a Curaçao eGaming license. Managed by the Satoshi Gaming Group, this platform supports anonymous play, welcoming users who value privacy.The casino boasts over 7208 games, featuring top providers such as Pragmatic Play, Betsoft, and Evolution. Popular games include “Fire Lightning” and “Lucky Seven,” alongside exclusive titles like “Crash” and “Dice.”Sports enthusiasts aren’t left out at TrustDice, with a comprehensive sportsbook covering everything from soccer to eSports like CS: GO and League of Legends. It's a one-stop-shop for betting aficionados.On the financial side, TrustDice excels with a variety of payment options, including major cryptocurrencies like Bitcoin, Ethereum, and Litecoin. This flexibility enhances the seamless and secure transaction experience for users.

    Cryptocurrencies
    • Bitcoin
    • Ethereum
    • Tether 10
    Languages
    • English
    • Chinese (Traditional)
    • Russian 21
    Licenses
    • Curaçao
    Casino products
    • Slots
    • Video Poker
    • Live Dealer 21
    Number of casino games
    7971
    Support languages
    • Thai
    • Arabic
    • Persian 18

    9. BetPlay

    3.95 / 5
    BetPlay

    BetPlay.io, launched in 2020 by LAMA TECH, LIMITADA in Costa Rica, operates without an official license. It supports anonymous gaming and is VPN-friendly, accommodating privacy-oriented players.The casino impresses with over 6,500 games, including offerings from giants like Microgaming and NetEnt. Popular titles include Jawsome Pirates and Gates of Olympus, ensuring a diverse gaming experience.While BetPlay.io does not feature a traditional sportsbook, it offers an extensive range of eSports like CS: GO and League of Legends, appealing to a broad audience of sports and gaming enthusiasts.Focusing on cryptocurrency transactions, BetPlay.io accepts Bitcoin, Ethereum, and several other digital currencies, providing instant payout options for a seamless user experience.

    Cryptocurrencies
    • Bitcoin
    • Ethereum
    • Tether 9
    Languages
    • English
    • German
    • Spanish 7
    Licenses
    • Not Disclosed
    Casino products
    • Slots
    • Video Poker
    • Live Dealer 21
    Number of casino games
    6575
    Support languages
    • English
    • French

    10. BetWhale

    3.80 / 5
    BetWhale

    Betwhale Casino, operated by Dama N.V., was established with a Curacao license. It does not allow anonymous play.With over 11,000 games, Betwhale Casino offers a vast array of choices including slots and live dealer games from providers like NetEnt and Evolution.While Betwhale Casino lacks a sportsbook, it features sports-themed games such as Football Studio and various virtual sports betting options.Payment methods at Betwhale emphasize cryptocurrencies, catering to players who prefer modern, secure digital transactions.

    Cryptocurrencies
    • Bitcoin
    • Ethereum
    • Tether 8
    Languages
    • English
    Licenses
    • Comoros Gambling License Authority
    Casino products
    • Slots
    • Video Poker
    • Live Dealer 21
    Number of casino games
    1800
    Support languages
    • English
    You May Also Like

    Overview of the Best Bitcoin Betting Exchanges Rated and Compared

    Casino Welcome Bonus Our Rating
    Jackbit  100% of the first bet amount back + Rakeback up to 30% + 100 Freespins 4.03
    Wild.io  Up to 10000 USD Welcome Package + 300 Free Spins 4.19
    Vave  Up to 1 BTC Welcome Package 4.49
    Crypto Games  Up to 20000 USDT Welcome Package 4.09
    ThunderPick  Up to 2000 EUR Welcome Package 4.87
    Bets.io  Up to 1 BTC Welcome Package + 100 Free Spins 4.48
    BetUS  Up to 5000 USD Welcome Package 3.82
    TrustDice  Up to 90000 USD Welcome Package + 25 Free Spins 4.23
    BetPlay  Up to 50000 MBC Welcome Package 3.95
    BetWhale  Up to 1250 USD Welcome Package 3.80

    Betting Exchanges Explained

    Humankind has gambled for thousands of years with the practice regulated in various ancient civilizations. Organized gambling sanctioned by governments in the form of lotteries and other games occurred in the Middle Ages.

    Harry Ogden is often recognized as the first “bookmaker” in the United Kingdom after opening his betting business in  1790 . For over 200 years, using a traditional bookmaker was the standard means of wagering on any event. However, in 2000, a new way of betting emerged and changed everything.

    Bettor Versus Bettor: What Betting Exchanges Are

    Matchbook, Betfair, and flutter.com were the first betting exchanges, although Betfair quickly became the world’s most recognizable. Other platforms have emerged, including crypto betting exchanges enabling players to wager using digital currencies like Bitcoin.

    Exchanges allow bettors to compete against one another rather than follow the traditional bookmaking model. The standard practice of betting on an event is making a ‘back’ bet on a Bitcoin betting exchange.

    However, unlike a regular bookie, exchanges also let you engage in ‘lay’ betting. In essence, you become the bookmaker by betting on an outcome NOT to happen.

    A Bitcoin sports betting exchange bet is only possible if someone ‘matches’ a wager. For instance, if you want to place a ‘lay’ bet of $100 on the Minnesota Vikings as you don’t think they’ll beat the Kansas City Chiefs, you need to find someone willing to take you on. What might happen is that a part of the wager is matched, but not all of it.

    You get your stake back if no one matches your wager at the odds you’ve set by the time the event starts. If a portion of the money is matched, you get the rest back. However, most crypto sports betting exchanges allow you to let the bet ride after the event starts.

    Crypto Exchange Betting in Practice

    For example, suppose there is a soccer game between Liverpool and Manchester United. Let’s say the odds (in decimal form) of a Liverpool win are 1.78. This means that a $10 wager returns $17.80 if successful.

    However, if you think Liverpool won’t win, you may have the chance to place a $10 ‘lay’ bet at odds of 1.80. This means you earn a profit if Manchester United wins or the game ends in a draw.

    Here is a formula to help you calculate your liability for lay bets:

    Your Stake x (Lay Odds – 1) = Liability

    So, in the above example:

    10 x (1.8 – 1) = Liability

    10 x (0.8) = 8

    Therefore, your liability is $8, which means you lose $8 if Liverpool wins and make a profit of $10 if they don’t.

    Pros and Cons

    Players want to try crypto sports betting exchanges out for many reasons. Here are some of the most relevant:

    • Better Odds: As you’re up against other players and not a bookie, you usually get better odds than on a standard gambling site
    • Lower Overround: The crypto betting exchange takes a commission, but overall, markets have lower edges
    • Flexibility: You’re no longer confined to ‘back’ betting only; you can bet against an outcome and become the bookmaker, in essence

    As beneficial as Bitcoin betting exchanges are, there are a few downsides worth noting:

    • Possible Liquidity Issues: If you plan to bet on more obscure markets or place bigger wagers on mainstream events, you’re relying on there being enough liquidity so players match your bets
    • Complexity: If you’re a beginner, the process of using a crypto betting exchange may feel intimidating at first
    • Commission: The exchange takes a commission from winning bets, which can add up over time

    Difference Between a Betting Exchange and a Traditional Bookmaker

    The obvious difference is that you compete against other players, not the crypto sports betting exchange. On standard bookmaking sites, the operator sets the price of events based on various factors, which can differ from one site to the next.

    On a Bitcoin betting exchange, players decide the odds. In general, the odds on most exchange events will resemble that of traditional bookies. Yet, with a lower edge, you’ll generally find more generous pricing on exchanges.

    Still, you’re relying on the liquidity of the betting markets. This is the amount of money that’s ready to be matched. For instance, you might see that there’s $150 to be matched at odds of 1.25 for Egypt to beat Botswana in an international soccer game.

    So, if you want to wager $250 on this outcome, you’ll need to wait and see if other bettors will match the remaining $100. If this doesn’t happen quickly, you must decide whether you’re happy to wait, accept less favorable odds, or take your $100 back.

    By contrast, unless your account is restricted, a standard bookie will likely accept your $250 wager immediately.

    Also, on a crypto betting exchange, you can place a lay bet on an event not to happen. While many standard crypto bookies may offer equivalent wagers (a Double Chance bet on team A in soccer is the equivalent of laying team B), the odds won’t be as generous.

    Betting Strategies for Crypto-Friendly Betting Exchanges

    Those with experience in Bitcoin sports betting exchanges are discovering the joys of trading. This gambling method is a lot like day trading on the stock market! The goal is to place wagers to " trade out” for a guaranteed win or to ensure a risk-free bet.

    For instance, let’s say you’re watching a soccer game between Real Madrid and Barcelona and see Madrid dominating. You decide to wager $20 worth of Bitcoin on Madrid to win, and a few minutes later, they score, leading to a considerable reduction in their win odds.

    You can earn a guaranteed profit by cashing out or hedge by eliminating your $20 liability. If you hedge in this fashion and Madrid fails to win, you don’t lose any money. If you cashed out instead, you win no matter the outcome.

    In any case, here are some exciting ways to trade on a crypto sports betting exchange:

    • In horse racing, consider betting on known front runners at the beginning and cash out if they are prominent early on and their odds of winning drop
    • Try scalping in high liquidity markets; this practice involves getting in and out of markets quickly, ‘scalping’ small profits along the way
    • Swing trading is the opposite; it involves making a bet days before an event in anticipation of the price falling
    • Suppose you think there are two or more possible outcomes in a market (such as in a horse race); you can ‘Dutch,’ which means spreading your wager across two, three, or more possibilities
    • In soccer, laying the draw is a popular strategy because the odds should change when the first goal is scored, potentially putting you in a profitable situation

    Our Methodology for Ranking Crypto Betting Exchanges

    How we Rank Betting Exchanges
    How we Rank Betting Exchanges

    Bitcoin sports betting exchanges have become the go-to platforms for those who want to take on other bettors rather than the house. Unlike traditional sites, these exchanges create a competitive environment where players set odds and stakes.

    At CCN, we understand the importance of presenting the best crypto gambling exchanges in a way that helps players make informed decisions. To do this, we evaluate platforms based on several critical factors that ensure users' fairness, convenience, and overall satisfaction.

    Promotions and VIP Schemes

    The best betting exchanges with crypto go beyond offering a standard platform. They reward players for using cryptocurrency by providing enticing bonuses or promotions tailored to crypto users. These might include deposit matches or special rebates for consistent betting.

    A strong VIP program can also enhance the experience, rewarding loyal players with meaningful perks such as reduced fees, faster withdrawals, or exclusive support. For any platform to make our list, these programs must genuinely provide value, justifying players' time and effort to achieve VIP status.

    Range of Supported Cryptocurrencies

    A top-tier crypto sports betting exchange supports multiple cryptos, from Bitcoin and Ethereum to stablecoins like Tether. Each coin offers its own benefits: Bitcoin offers global accessibility, Ethereum provides fast transactions with lower fees, and stablecoins ensure that the value of funds remains constant.

    This flexibility allows bettors to choose the coin that aligns with their financial goals and risk tolerance, making it easier to wager confidently.

    Swift and Simple Payments

    The speed and simplicity of payments are essential for any crypto betting exchange to thrive. These sites are fast-paced environments where odds can shift rapidly. For players, being able to deposit and withdraw funds without delays is crucial for seizing opportunities and securing winnings.

    A user-friendly payment system with minimal friction ensures bettors can focus on strategy rather than navigating clunky processes.

    Variety of Betting Markets and Competitions

    While some Bitcoin betting exchanges might offer casino games, the heart of a Bitcoin betting exchange lies in its sports betting options. In horse racing, basketball, and soccer, to name but three, players want to pit their wits against one another. The broader the range of sports and events available, the more appealing the platform becomes to diverse bettors.

    Liquidity in these markets is equally important. Finding someone to match your wager becomes difficult without enough active users placing bets. As a result, your bet might go unfulfilled, and your opportunity to win is lost. This is incredibly frustrating when you’ve spent time and effort to find a value wager.

    A top-tier exchange ensures a wide variety of betting options and high liquidity to keep the action flowing.

    User Experience and Mobile-Friendliness of the Platform

    Crypto betting exchanges are fast-moving environments, so a well-designed, intuitive, responsive, and responsive platform is essential. The best exchanges also prioritize mobile functionality, ensuring users can place and manage bets seamlessly while on the go.

    Losing speed or functionality on a mobile device is unacceptable in a competitive landscape where every second counts.

    Brand Reputation

    Brand reputation plays a significant role in building trust with users. The quality of the platform, the reliability of the brand behind it, and the volume of positive customer reviews all contribute to its reputation.

    A strong brand often translates to higher activity levels, essential for liquidity. On the other hand, crypto betting exchanges with questionable practices or poor reviews fail to make the cut.

    Player Support

    Using a Bitcoin betting exchange can involve complex interactions, so having access to reliable and prompt customer support is vital. The best platforms offer support around the clock and are staffed by knowledgeable representatives who provide clear and helpful responses.

    A lack of adequate support can frustrate users, particularly in the fast-paced crypto betting exchange world.

    Conclusion

    After a lengthy market analysis, we’re happy to recommend our #1 selection as the best crypto betting exchange. It offers an outstanding user experience, plenty of liquidity, and enough betting options to keep active bettors and traders happy.

    Remember to check back regularly because, at CCN, we keep our recommendations current. We’re dedicated to ensuring our readers have access to the best Bitcoin betting exchanges the crypto world has to offer.

    FAQ

    What Are the Benefits of Using a Crypto Betting Exchange over Traditional Betting Sites?

    Crypto betting exchanges offer unique advantages. They allow you to bet against other players rather than the house, often resulting in better odds. Transactions with cryptocurrency are fast and private, and fees are typically lower than on traditional platforms. Additionally, the decentralized nature of crypto betting exchanges means fewer restrictions, giving users more freedom to place bets across different markets worldwide.

    Do I Need to Verify My Identity on Crypto Betting Exchanges?

    It depends on the exchange. Many crypto betting exchanges let users wager anonymously without verifying their identity, making them attractive to those who value privacy. However, some platforms require verification to comply with regulations or prevent fraud. Always check the exchange’s requirements beforehand to understand their policies on identity verification and ensure they align with your preferences.

    Can I Bet on any Sport or Event on a Crypto Betting Exchange?

    The range of sports and events varies by platform. Leading crypto betting exchanges often cover a wide variety, including popular sports like football, basketball, and tennis and niche markets like eSports. However, availability depends on market demand and liquidity—some less popular events may not attract enough users to match bets. Always check the site’s offerings to ensure your preferred sport or event is covered.

    Best Bitcoin Betting Exchanges Snippet

    Rundown of the Best Bitcoin Betting Exchanges Rated and Compared

    1. Jackbit 
    2. Wild.io 
    3. Vave 
    4. Crypto Games 
    5. ThunderPick 
    6. Bets.io 
    7. BetUS 
    8. TrustDice 
    9. BetPlay 
    10. BetWhale 

    Patrick Lynch

    Patrick is a seasoned writer with over a decade of experience in online gambling, specializing in research-driven content and expertise in statistical data analysis. His deep understanding of the mathematical aspects of casino betting and sports gambling makes his work both detailed and informative. Patrick has contributed to leading platforms like Race Advisor and Football Advisor. With a Master’s Degree in Literature and Publishing, and two completed works of fiction, he continues to pursue his dream of becoming a bestselling novelist.
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