10 Best Crypto & Bitcoin Bookmakers in 2023

Best 10 Crypto Bookmakers in 2023

The number of Bitcoin bookmakers operating in the field is growing rapidly. So far, we believe that the following brands are the best the business has to offer right now: Vave , ThunderPick , Betonline , Sportbet.one , Mystake , Sportsbetting.Ag , BetUS , LooseLines , 1xbet and 22Bet .

Reviews of the Top Crypto Bookmakers

If you’re eager to discover the crypto bookmakers worth your time and money, please keep reading.

Bitcoin Bookmakers – What Does the Law Say?

Why use crypto bookmakers? Before I explore the crucial reasons for using crypto sportsbooks, let’s take a closer look at the legal aspects. Firstly, although digital currency is welcomed in many countries, certain jurisdictions have imposed banking bans.

It is also important to note that gambling is illegal in several countries, which is one of the biggest cons for any potential player. Therefore, if crypto or betting is prohibited in your country, you shouldn’t be able to access a BTC bookmaker.

Some people bypass the rules through a virtual private network (VPN). While this process helps you remain anonymous while you gamble, it could lead to legal troubles if you get caught.

Let’s look into the legality of using a crypto bookmaker by analyzing the way the law works in different regions.

What European Countries Allow Crypto Gambling?

If you live in the European Union, chances are it is legal to gamble using digital assets. Residents of countries like the United Kingdom, Germany, and the Netherlands can freely use BTC bookmakers. Yet not many people realize that online casino gambling remains illegal in France, even though residents can stake money on sports and poker.

However, it’s less certain if you reside outside the EU. In Russia, for instance, there is a banking ban on cryptocurrency, so citizens can’t use it to purchase goods and services.

Turkey also has a banking ban that prevents players from using crypto bookmakers, even though online sports gambling is legal. Meanwhile, in Ukraine, residents can gamble with crypto using websites that have valid Ukrainian betting and gambling licenses.

How Do Crypto Bookmakers Fare in Asian Nations?

Many Asian countries outlaw gambling, and some have severe punishments for this. For example, the Gambling Act of Thailand only allows residents to gamble on the Thai lottery and horse racing. Anyone caught breaking the law could face a one-year prison sentence and a 5,000 baht fine.

Hong Kong also has strict anti-gambling laws, despite the country’s association with horse racing. Technically, if you breach the country’s laws, you could spend up to nine months in prison. You may also be subject to a HK$30,000 fine.

Other Asian nations that don’t permit online gambling include Vietnam, the United Arab Emirates, and South Korea.

Can I Gamble with Crypto in North America?

Cryptocurrency is legal in the United States and Canada, although the latter limits how to use digital assets. Canada also allows online sports gambling; each province can create its own regulations.

American states also have this power, and using a crypto bookmaker in some locations remains illegal.

The rules aren’t particularly clear in Mexico, although it seems citizens are free to use crypto and gamble.

How Does the Global Crypto Gambling Landscape Look?

Overall, a growing number of countries now accept digital currency. Indeed, El Salvador became the first nation to classify Bitcoin as a legal tender. The Central African Republic followed suit, but its government repealed the controversial regulation.

Countries that seem to permit crypto gambling include Panama, South Africa, Kenya, Australia, and New Zealand.

How To Stay Safe When Using Crypto Bookmakers

Online gaming has become increasingly popular because it is easy for people to do. Even though using a Bitcoin sportsbook can be fun and rewarding, adopting a safety first mindset is important. Here are a few things to consider to help you enjoy your time on a crypto bookie’s site.

Do’s

I have divided this section into do’s and don’ts to make things easier. The following are the steps you absolutely should take when gambling online.

Stick with sites you can trust

To stay safe when playing online, the first and most important thing to do is to choose a reputable crypto bookmaker. Look for sites that are approved by licensing bodies. Better yet, please read our reviews to learn which bookies you can trust.

Read the site’s terms and conditions

Before playing, read the BTC bookmaker’s T’s and C’s. This includes the rules of the games, the details of any prizes or special offers, and the sportsbook’s rules about playing responsibly. Otherwise, you could get a nasty surprise once you register and discover that the deposit bonus isn’t quite as generous as you first thought.

Set a budget

Spending too much money is one of the biggest risks of online gambling. Before you start playing, decide how much money you want to spend and stick to it. This will keep you from trying to win back what you’ve lost and going into debt. You can also limit how much to put into your account to help you stay within your budget.

Adopt solid security protocols

Using strong passwords and turning on two-factor authentication is important to keep your account safe. This gives you an extra layer of protection, making it harder for hackers to get in.

Keep your information safe

When you register with a crypto gambling site, you'll be asked for certain personal details. Granted, the best Bitcoin sportsbooks ask for relatively little information. However, some sites may request your name, address, and date of birth. You must never share this data with anyone barring reputable brands.

Use a safe payment method

It's important to use a payment option that you can trust when you make transfers and withdrawals. Bear in mind that you lose the benefit of anonymity with bank transfers and debit/credit cards. In contrast, playing with cryptocurrency ensures that banks don’t know your business. It also means you benefit from heightened security measures.

Take a break when necessary

Whether you like it or not, gambling with a crypto bookmaker is potentially addictive. Therefore, it is important to take breaks to ensure you’re not glued to the screen for hours. Also, if you think you spend too much time or money gambling online, get help. Most Bitcoin sportsbooks have ways for you to block your account for a certain amount of time if you want to.

Don’ts

There are plenty of issues associated with gambling online. It is, sadly, all too common to hear about players making mistakes that put them in financial trouble. Below, I highlight the things you should never do when gambling online.

Spend money you can't afford to lose

This is arguably rule #1 regarding what NOT to do when gambling online. Before you start playing, decide how much money you want to spend and stick to it. Don't bet with money you can't afford to lose; also, never borrow money to play.

Give anyone your password or other personal information

It's important to keep your account details private. Never tell anyone your login information or sensitive details like your name, address, or date of birth. Hackers can use this information to get into your account and steal your money.

Chase your losses

One of the worst things you can do on a crypto bookmaker’s site is trying to win back your losses by increasing your stakes. When you do this, the losing streak tends to increase as you let emotion cloud your judgment. If this doesn’t stop, you could soon find yourself in severe financial trouble. If you keep losing, take a break and try again another day.

Use public Wi-Fi

It's important to use a safe internet link when gambling online. Don't use public Wi-Fi or networks that aren't private, as they are easy to hack. To ensure a safe and pleasant user experience, only play when you know the link is secure.

Believe in sure things

There is no surefire way to win when you use a crypto sportsbook. Don't believe anyone who says they have a guaranteed way of winning, as they are probably trying to scam you. Yes, professional punters can win by using research and the ability to find value odds in sports bets. However, casino wagering is about chance, so no ‘magical’ winning system exists.

Ignore signs of a gambling problem

Online gambling can be addictive, so it's important to know what to look for if you have a problem. If you spend too much time or money gaming online, tell a friend or family member and get some help. The longer you leave it, the more time and money you will hand over to the addiction.

Play if you've been drinking or taking drugs

Finally, it's important not to play while intoxicated by alcohol or other drugs. Playing in this state can make it hard to think clearly and make good decisions. You need to stay alert and focused to increase your chances of winning when you play online.

A Concise Guide to Choosing Crypto Bookmakers

The best Bitcoin bookmakers may not have everything you expect from a gambling site. That’s okay! Ultimately, you’re the only person who knows what you want.

By answering the following questions about the site’s services, you can quickly determine which cryptocurrency bookmaker (if any) is right for you.

Does the BTC Bookie Operate in Your Country?

The law in each region is different when it comes to crypto bookmakers. Therefore, it's important to check if the one you're interested in is legal where you live.

Find out what your country's rules are about gaming online. I outline the legality of cryptocurrency in certain countries in a later section.

Certain countries permit online gambling, but may have a variety of different rules for cryptocurrency sites.

If you're unsure whether the sportsbook is legal, you can ask local authorities, such as your country's gambling regulator, for help.

Some players use VPNs to bypass geographical restrictions in their country. This is an unwise move if gambling or digital currency is prohibited where you live. Reputable crypto sportsbooks like those featured on this list will close your account and refund you if they catch you playing illegally. Scam bookies, on the other hand, will not be so generous.

What Are the Payment Methods for Crypto Bookmakers?

Most crypto bookmakers offer an array of ways to pay. Therefore, you can choose whether to use digital assets or fiat.

Almost every top-rated Bitcoin bookmaker accepts BTC, Ethereum (ETH), and Litecoin (LTC). Others may let you play with Dogecoin (DOGE), Dash, Bitcoin Cash (BCH), and Monero (XMR).

If, for some reason, you want to use fiat as a payment method, certain gambling sites may accommodate you. Apart from using a debit/credit card or a bank transfer, you might have the opportunity to use an electronic wallet (eWallet) such as PayPal, Neteller or Skrill.

It is less common, but you may find a crypto bookmaker that accepts prepaid cards like Paysafecard. You can buy these cards with cash and gamble online without a bank account or credit card. However, this is a highly inconvenient way to fund your Bitcoin bookmaker account.

What Games Do They Offer?

Like traditional bookmakers, crypto bookmakers let their users bet on various events, betting markets, and odds. They often have casino classics too.

Sports, Markets and Odds

Most BTC bookmakers offer a wide range of sports, from famous ones like soccer, basketball, tennis, horse racing, and American football to lesser-known ones like table tennis, handball, and darts. In general, these bookies focus on major leagues like the NFL, NHL, and NBA and big races such as the Kentucky Derby.

Crypto bookmakers usually offer lots of betting options for each sport, such as match winner, over/under, and handicap betting. They may also provide more specialized markets, like Asian handicaps, correct scores, or in-play betting.

These days, Bitcoin bookies match, and often exceed, their fiat counterparts when offering value odds to attract customers. A lower bookie overround means better odds for you, as the platform has a lower edge on the market.

It is worth registering with a few of the best crypto bookmakers to take advantage of their generous pricing.

Casino Options

As well as sports betting, many BTC bookmakers offer casino gambling games. These include slots, blackjack, roulette, baccarat, bingo, lottery games, video poker and scratch cards.

Crypto gamblers might be able to play games from big-name software providers like NetEnt and Microgaming. Some Bitcoin bookies also have live dealer games where users can get an authentic casino experience.

It's important to remember that where you live can affect which casino games are available. In some countries, rules about online gaming may make it hard to play certain games or even make it illegal to gamble online. Before you use a crypto bookmaker or online casino, you should find out if online gaming is permitted where you live.

Are the Bonuses Worth It?

Many Bitcoin bookies offer bonuses and promos to draw and keep customers. These bonuses can come in different shapes and sizes:

• Welcome bonuses: Cryptocurrency bookmakers often give new users a welcome bonus when they make their first payments. This could consist of free bets, free spins on gambling games, or a matched deposit.
• Reload bonuses: Some crypto casinos give reload bonuses to regular customers when they make deposits. Like welcome bonuses, they tend to come with wagering requirements.
• VIP Club: Some bookies have a VIP program that rewards people for making a certain volume of bets. These benefits include free bets, cash-back deals, special offers, and paid trips.
• Special event promotions: Some crypto bookmakers offer special deals during big sporting events like the World Cup or the Super Bowl. These may include enhanced odds on specific markets or novelty wagers.

Before accepting a bonus or participating in an offer, it's important to read the terms and conditions. Some bonuses have to be played through a certain number of times or meet other criteria before they are cashed out. Also, there are differences in the prizes and deals offered by crypto bookies, so you should compare them to find the one that fits your gaming style best.

Does the Crypto Bookmaker Have a Positive or Negative Online Reputation?

There are several ways to determine whether a BTC bookmaker has a good name. First of all, learn more about the brand's background, image, and license by doing some research on them. Check online to see if there are any bad reviews or stories of them being a scam. You can find out what other people say about the bookie using search engines, forums, and social media.

Ensure the site has a license from a respectable organization, like the UK Gambling Commission, the Curacao Gaming Authority, or the Malta Gaming Authority. A licensed crypto bookmaker is more likely to offer provably fair games and behave responsibly.

Also, look for reviews about how good the bookie’s customer service is, how many payment methods it has, and how quick and reliable it is with withdrawals.

It is also essential that a company has the right security steps in place to keep your funds and personal information safe. Look for casinos that use two-factor login and SSL security.

By doing all of this, you can find out more about a crypto bookmaker's reputation and make a better decision about whether or not to use its services.

Why Is it a Good Idea to Play with Crypto Bookmakers?

Talk is cheap, but using the wrong bookie could prove very expensive. If you have gambled for any period, you’ve doubtless found many faults with fiat bookmakers. However, you are, perhaps, wary of switching to digital currency sites.

Below I provide a few reasons why you should use BTC bookmakers. Ultimately, they are the future of gambling, so getting started sooner rather than later is better.

Fiat’s Fall Is Inevitable

Paper currency consists of currency released by states and not backed by a product like gold. This can change due to inflation, changes in interest rates, and economic uncertainty.

Inflation can happen when there is an increase in the amount of money in circulation without a corresponding rise in goods and services. The purchasing power of the money is reduced as a result.

Other reasons fiat falls in value include interest rate changes and economic or political instability.

According to the Bureau of Labor Statistics' inflation tool, $1 in 2000 was worth the same as $1.56 in 2023. In other words, inflation has made the US dollar worth about 36% less than it used to be.

In contrast, the value of cryptocurrency could increase over time. Therefore, when you buy BTC, LTC, or ETH and use it on a crypto bookmaker’s site, you protect the value of your money.

Anonymity and Privacy

Bitcoin sportsbooks can offer some secrecy and privacy by using the features of blockchain technology, which is at the heart of cryptocurrencies.

A crypto bookmaker can let you build accounts with a username and password without asking for much personal information. This means you can keep your identity secret if you want to.

Also, blockchain technology is autonomous, meaning an intermediary does not control activities. This can help protect privacy and stop governments or other third parties from censoring or getting in the way.

If the above isn’t enough, you can use encryption to keep user information and deals from being stolen or seen by unauthorized parties.

Certain coins like Monero and ZCash are renowned for their privacy features. When you use such digital assets, tracking activities on the blockchain becomes even harder.

However, although BTC bookies can provide some secrecy and privacy, users should know the risks and limits. Transactions with cryptocurrencies can still be tracked and studied. Governments and law enforcement agencies are taking more steps to control or monitor activities involving digital assets.

Also, crypto bookmakers may still ask users for some personal information. Certain brands may insist on doing so to follow Know Your Customer (KYC) and Anti-Money Laundering (AML) rules.

Low Transaction Fees

Most crypto bookies have lower processing fees than fiat gambling sites. Since cryptocurrency transactions are handled on an autonomous network, there is no central authority to interfere. This eliminates the need for banks or payment processors, which can significantly cut transaction costs.

In addition, the impressive speed of crypto transactions means they are processed faster than their fiat counterparts. Then there is the fact that BTC bookmakers have fewer overhead costs than fiat currency companies. Popular fiat sites often have brick-and-mortar locations and hire more staff than crypto sportsbooks.

Since you can use a popular digital coin like BTC worldwide, crypto bookies can serve international customers without paying extra fees for currency changes or foreign money transfers.

Finally, the growing competition between Bitcoin bookmaker sites means they must trim transaction fees out of necessity.

Gambling Freedom

Most crypto bookmakers have fewer geographical limits than fiat bookies. Here are a few reasons why this is the case:

• Decentralization: Cryptocurrency is a decentralized system, which means that trades are made directly between people. This lets crypto bookmakers work in more locations without following as many local rules.
• Anonymity: Digital currency deals ensure secrecy. Consequently, Bitcoin bookmakers can serve customers without having to know where they live. This can make it harder for the government to apply limits based on location.
• Global accessibility: Cryptocurrencies can be used anywhere in the world. Therefore, it is possible to gamble without converting your money or sending it to another country. This could make it easier for crypto sites to serve people from more countries.

However, even though BTC bookies may have fewer geo-restrictions, customers should still follow their country's laws or rules before registering.

Fiat Is Yesterday; the Future Belongs to Crypto Bookmakers

Anyone seeking the right crypto sports betting sites for their needs should know that the game has changed. You don’t need to stick with low-quality sites that only accept fiat currencies anymore.

Instead of putting up with low withdrawal limits, old-fashioned design and questionable customer service, you should take the leap and use a Bitcoin bookmaker. These sites are undoubtedly the future of the gambling industry, as they offer fast transactions, thousands of gambling options, and much more.

Please do yourself a favor, read our reviews, choose your preferred cryptocurrency bookmaker and register. Then, select your digital token of choice and start playing; you won’t be sorry.

FAQ

Hopefully, you’ve already learned enough to realize that a move to a crypto sports betting site is in your best interests. However, the following sections should arm you with even more relevant information.

Can I use an app to make bets with crypto bookmakers?

This is something that a growing number of people want to know, and the answer is ‘yes.’ Soon, you will find it hard to locate a crypto bookie that doesn’t have an app for you to download! Doing so exposes you to a world of on-demand sports betting markets, casino games, and much more. With an app, you can gamble anywhere at any time, although I urge you to do so responsibly.

What are the most popular sports offered by crypto bookmakers?

Bettors have a spectacular range of sports to choose from. The best crypto betting sites have dozens of options. These include soccer, baseball, ice hockey, American football, cricket, eSports, and virtual sports. If you’re a sports bettor, you’ll love the crypto betting markets, which include the Moneyline, spread, and over/under.

Some of the top operators include Stake, Cloudbet, Mystake, and Betonline, although they may not be available in your location.

When I withdraw, how quickly will I get my winnings?

This depends on various factors, including the crypto betting sites you use and the digital asset you withdraw with. Ultimately, it can take anywhere from minutes to hours. However, if the process takes more than six hours, it is wise to contact the site’s customer support team.

What are the best digital assets to use on a cryptocurrency bookmaker’s site?

Almost every crypto sportsbook will let you play with popular cryptos such as BTC, LTC, and ETH. Others have an expanded range, including XRP and EOS, among their payment method options.

Other types of payment methods include eWallets and debit/credit cards, although these options take away your anonymity.

Which crypto exchange should I use when buying digital coins for online gambling?

A lot of bettors are shocked to learn that Coinbase does not allow crypto betting. Indeed, it is known for freezing the accounts of users that transfer money into BTC sportsbooks. Fortunately, Binance, the world’s largest cryptocurrency exchange, has no such restrictions and is your best option.