The Best Crypto Sports Betting Australia Sites in 2023

It took a while, but we’re confident that the following represent the top 10 crypto sports betting Australia sites: ThunderPick , BetPlay , Jackbit , Betonline , Mystake , FortuneJack , Sportbet.one , Sportsbetting.Ag , Vave  and BetUS 

Reviews of the Best Crypto Sports Betting Australia Sites

Before deciding, look at these quick overviews of the top 10 crypto sports betting Australia sites.

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Is Crypto Betting Legal in Australia?

Yes! If you live in Australia, you can access BTC sports betting sites. However, things are more complicated when you use online crypto casinos.

Let’s check out the cryptocurrency and online gambling laws in Australia.

What Does the Legislation Say About Crypto in Australia?

Digital currencies such as Bitcoin are legal to trade and spend. Moreover, residents can store and receive cryptocurrency, which is also treated as property.

Indeed, crypto is an acceptable payment method for business and personal transactions. That said, merchants are not obligated to take it.

In 2017, digital coins and cryptocurrency exchanges achieved full legal status. Since then, the Australian government has left the industry alone.

Yet there were some significant changes to the law in 2018. The measures that the government applied at this time made sure that counter-terrorism financing and money laundering doesn’t happen.

What Are the Rules Surrounding Online Betting?

Online gambling rules in Australia are far from straightforward. The Interactive Gambling Act 2001 (IGA) says it’s illegal for an online casino to operate in Australia.

However, the IGA does NOT prevent Australians from betting online, as long as the casino is based overseas.

In contrast, crypto sports betting Australia sites ARE legal. So, as long as an operator is licensed, they can provide services to players. Yet you should note that the IGA does not permit online “in-play” wagers.

Bettors can no longer use credit cards to wager online once the latest amendment to the IGA comes into force.

Anti-betting laws in Australia are fragile. Residents can play games like crypto plinko at overseas online casinos. They can also place wagers on sports betting markets with any site, as long as they bet before the event starts.

Defining Cryptocurrency

Crypto is a digital or virtual currency. It uses cryptographic methods to safeguard financial transactions and confirm asset transfer. It is a decentralized money that uses blockchain technology.

An unknown group (or individual) known as Satoshi Nakamoto created Bitcoin in 2009. Considered the first cryptocurrency, BTC introduced peer-to-peer electronic currency systems. It allowed for direct transactions between participants without needing mediators like banks.

The blockchain is the underlying technology of Bitcoin. It is a distributed ledger that keeps track of all transactions among a network of nodes or computer nodes.

The blockchain's decentralized structure guarantees that no one entity has authority over the currency. This eliminates the possibility of double spending attacks or using the same digital token more than once.

Bitcoin was a huge success as the first cryptocurrency. This led to the creation of countless more cryptocurrencies, often known as altcoins. Ethereum, Ripple, Litecoin, and Bitcoin Cash are well-known altcoins.

Each has its specialties and goals. For instance, those who use Tether sports betting sites enjoy the lack of volatility of the stablecoin.

People use crypto for a variety of reasons. However, it is popular amongst bettors who see numerous benefits, especially compared to fiat.

The Benefits of Betting on Sports with Crypto

Once you start betting with crypto in Australia, you’ll notice many advantages compared to fiat sportsbooks. Here are three of them.

Security

Cryptocurrencies use advanced cryptographic techniques to secure transactions. As a result, it is difficult for hackers to manipulate or steal funds.

This gives you an extra layer of security compared to traditional payment methods. Like this, you face less risk of fraudulent activities.

Transparency

The blockchain technology underlying cryptocurrencies offer transparency and immutability. Also, the public nature of the blockchain allows users to verify transactions. It also ensures fairness in betting platforms.

This transparency fosters trust among bettors as they can verify the accuracy of results and the integrity of the betting process.

Potential for Investment

Cryptocurrencies are an investment opportunity in themselves. Some individuals may buy digital assets for their potential growth in value over time. So if you use cryptocurrency for online betting you can get both entertainment and possible financial gains.

The Downsides of Betting on Sports with Crypto

Yet, not everyone will enjoy using digital currency for sports betting. Here are a few things that may prove off-putting.

Limited Acceptance

Cryptocurrencies are becoming more widely accepted as payment mechanisms on online betting sites. However, their acceptance is still limited.

Some platforms may not accept digital currency transactions. Others may provide only a few cryptocurrency betting choices.

There’s a Learning Curve

A certain amount of technical knowledge is needed to use cryptocurrency for online betting. Users must get to know about wallets, private keys, and transaction procedures.

This might be a little intimidating for those new to cryptocurrencies.

Price Manipulation Concerns

Cryptocurrencies are prone to price manipulation techniques. This is due to their decentralized structure and relative lack of regulation.

It is an issue that may affect the fairness of the betting markets. The result is potentially unfavorable results for gamblers.

Quick and Easy Responsible Betting Tips

It is easy to get carried away when using crypto betting sites in Australia. As such, it is vital to adopt sensible betting strategies. Below, I outline a few tips to help you get the most out of your gaming experience.

• Before you start betting, set a budget for yourself that you can afford to lose
• Avoid chasing losses by betting more than you planned
• Divide your budget into smaller units and only bet a small percentage of your bankroll on each wager
• Before placing a wager, consider factors such as team or player form, injuries, and head-to-head records
• Instead of putting all your money on a single outcome, diversify your bets across different events, sports, or bet types
• Set realistic goals; avoid expecting to win every bet or aiming for unrealistic profits
• Focus on long-term profitability and aim for steady, sustainable growth
• Take advantage of betting tools and resources, such as odds calculators, and statistical databases
• Don’t place bets based on personal biases, favorite teams, or emotional attachment
• Take breaks and practice self-control; stepping away can help you regain focus and avoid making impulsive decisions
• Keep a record of your bets, including wins, losses, and overall performance
• When you use a Bitcoin betting app in public, don’t use an open Wi-Fi connection
• Recognize when it's time to take a break or walk away from betting altogether

Why Choose Crypto Sports Betting Sites in Australia?

Here are a few reasons to reconsider if you’re on the fence about using digital currency for sports betting.

Anonymity

Cryptocurrency transactions provide anonymity, as they do not require sharing personal information. This appeals to punters who value privacy and prefer to keep their identities confidential.

Global Accessibility

Cryptocurrencies are not tied to any specific country or financial institution. As a result, users can make cross-border transactions without needing currency conversion.

This makes it convenient for online bettors residing in different parts of the world. With few geo-restrictions, they can bet on crypto in Australia, for example.

Speed of Transactions

Cryptocurrency transactions are often processed quickly. This is especially true compared to traditional banking methods involving regulatory processes.

So, users can deposit and withdraw funds from their betting accounts more efficiently, reducing waiting times.

Lower Transaction Fees

Traditional payment methods often involve various fees. Cryptocurrencies can provide a cost-effective alternative with lower transaction fees.

You will notice the difference for international transactions in particular. With fewer fees to pay, you can maximize your betting fund.

Accessibility for Unbanked Individuals

Cryptocurrencies provide financial inclusion for individuals who do not have access to traditional banking services.

This allows unbanked individuals to use the best crypto sports betting sites around. As a result, they can benefit from a new chance to enjoy great games and win money.

The Disadvantages of Using Crypto Sports Betting Sites in Australia

Despite the many pros, a balanced approach is necessary. This means that you should consider the following cons before making a decision.

Volatility

The price of cryptocurrencies is erratic, with large swings a regular occurrence. If the value of your selected cryptocurrency decreases, this volatility may hurt the value of your account balance.

Lack of Regulation

The cryptocurrency business is still very young, and many countries do not have thorough rules. So if you have a dispute or are on the wrong end of a scam, you have limited legal safeguards or options for legal action.

Transactions are Irrevocable

Getting your money back may prove difficult or impossible if you send it to the incorrect address or fall for a scam. This emphasizes the need to verify transaction information and use reputable platforms.

Technical Problems

As cryptocurrency transactions depend on technology, technical problems are possible. For instance, you may come up against network congestion or sluggish transaction confirmation times. These problems could ruin your betting experience, annoying you in the process.

Possible Customer Service Issues

Customer help for cryptocurrency-related problems could prove restricted compared to regular online betting platforms.

The crypto betting market is still in its early stages. Because of this, you might find fewer high-quality sites than you would like. Nonetheless, by using our reviews, you should find worthwhile providers.

Selecting Your Ideal Crypto Sports Betting Site from Australia

When you choose a BTC sports betting Australia site, it's essential to consider several factors. If you do this, you stand a better chance that the platform will meet your needs and provide a safe and enjoyable betting experience. Here is a guideline to help you select the right provider.

Available Payment Methods

Look for a platform that supports various payment methods. Almost every site accepts Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE).

It is worth seeing what else is on offer. For example, some providers let you play with Cardano (ADA), Monero (XMR), and Dash.

You should also check whether it lets you play with fiat currencies. Some players like to use eWallets, such as PayPal and Neteller, to keep the bank out of the picture.

The more options available, the more flexibility you have in managing your funds.

Brand Reputation

Research the brand's reputation and credibility. Check whether a reputable authority licenses and regulates the platform.

Look for security measures, such as encryption and two-factor authentication. Also, read online customer reviews and feedback to gauge user experiences and satisfaction.

Withdrawals

Consider the withdrawal process, including speed, limits, and associated fees. Look for a platform that offers fast, hassle-free withdrawals with reasonable limits and minimal costs.

Legality

Ensure that crypto betting is legal in Australia. Check the local laws and regulations about online gambling and cryptocurrency usage.

Avoid platforms that operate in a legal grey area or have questionable practices. Furthermore, beware of scam companies without proper licenses allowing you to register and take your money.

Sports Betting Markets

Check the variety of sports, markets, and types of bets available on the platform. Look for a site that covers a wide range of sports events and offers diverse betting options to suit your preferences.

The best crypto sports betting Australia sites cater to customers from everywhere. They let you bet on golf, boxing, UFC, cricket, and rugby.

Also, a good crypto sportsbook has plenty of betting markets. These may include the Moneyline, over/under, and spread markets.

Additionally, check if the platform offers casino options if you're also interested in casino games. You might want to play classics like slots, roulette, baccarat, and blackjack.

You may also want to try a Crash gambling site to experience this red hot game.

Bonuses

Consider the deposit bonus and promotions offered by the platform. Look for gambling sites that provide attractive welcome bonuses, VIP programs, and ongoing promos.

Added to this, it’s important to read and understand the bonus terms and conditions before registering.

End-to-End Crypto Experience

Check whether the platform allows you to deposit, play, and withdraw funds in cryptocurrencies. An end-to-end crypto experience means you don’t have to convert your funds into fiat currencies.

You enjoy more convenience and flexibility as a result.

Customer Support

Test the customer support options provided by the platform. Look for live chat support, as it allows for real-time help.

Consider the availability of support in your preferred languages. For instance, it should speak your language if you live in Canada, Cameroon, or Cape Verde. Also, ensure the customer support team is efficient, helpful, and responsive to inquiries or issues.

How to Start Betting at a Crypto Sports Betting Site in Australia

If you’re ready to start, follow this guide for a smooth introduction to digital currency betting.

Pick a Reputable Website and Create an Account

Find a trustworthy cryptocurrency sports betting site Australia that satisfies your needs. Ensure the website is authorized, has good customer feedback, and has a variety of sports betting alternatives.

I recommend choosing one of the sites outlined on this page. The CCN team has reviewed each one thoroughly. So, you know they are legitimate.

Create an account by following the registration instructions and supplying the requested information.

Choose a Cryptocurrency to Buy

Choose the coin that you wish to use for wagering. Make sure the betting site accepts the cryptocurrency you've selected.

Use an exchange such as Binance to make this transaction. Binance is the world’s biggest crypto exchange, and it welcomes gamblers. Coinbase, in contrast, does not.

Add Money to Your Betting Account

Create a wallet address in your account. Copy it carefully, then start a transfer from your private cryptocurrency wallet to the given address. As crypto transactions are irreversible, double-check the wallet address to confirm correctness.

Log in and go to the deposit area when the money reaches your sports betting account. Select the appropriate coin and enter the desired deposit amount.

Be aware of any restrictions and conditions related to the welcome bonus. Doing this lets you know whether you can meet them before committing money.

Examine the Website and Play

Learn about the website's user interface and sports betting possibilities. Look through the sports, markets, and betting options on offer. To make wise judgments, take your time to understand the odds and betting possibilities.

Place your wagers after deciding on your chosen sports and wager kinds. Then, type in your stake amount and confirm your bet. Keep an eye on your wagers while taking in the thrill of watching the games.

Take Your Winnings

If you're lucky enough to win, go to the betting site's withdrawal area. Ensure you meet any restrictions. These may include meeting minimum withdrawal barriers or bonus wagering requirements.

Provide the required information, such as the address of your cryptocurrency wallet. Now, it is time to start the withdrawal. After confirming the transaction, wait for the money to move to your wallet.

You can have a pleasant Bitcoin gambling experience by playing sensibly and establishing boundaries. Review the terms and conditions of the website often, as well as any additions or modifications the platform makes.

Our Review Process for Crypto Sports Betting Sites in Australia

As a high-quality review site, the CCN team follows a rigorous process when reviewing the providers on this list. Here is an outline of the typical steps involved.

Registration Process

Our reviewer registers an account on the betting site, following the same process as our readers. This allows them to evaluate the ease of registration and unique features during signup.

Depositing

The CCN team member assesses the deposit process, taking note of the available payment methods and their convenience. They explore the bonuses and promotions offered. This includes welcome bonuses and any associated wagering requirements.

They also look at the variety and flexibility of deposit options along with limits and fees.

Betting Experience

The next step involves exploring the crypto sportsbook Australia’s range of games and betting options. We consider the variety of sports, markets, and bet types offered.

We also look into the platform's ease of use, including navigation, user interface, and responsiveness. The reviewer places real bets to test the functionality and observe the betting experience.

Customer Support Interaction

Engaging with the customer support team through various channels, such as live chat or email, is essential. We assess the support team's response time, efficiency, and helpfulness.

Our reviewer also notes any language support options and the availability of support in different time zones.

Withdrawal Process

We investigate the withdrawal process to evaluate its efficiency and note any restrictions. Our reviewer also checks for any extra documentation required for verification purposes.

Moreover, they assess the withdrawal processing time. They also consider any fees or limits associated with withdrawals.

Gathering Player Feedback

The reviewer looks for feedback from other players who have used the betting site. This may involve reading user reviews and comments from various sources. For instance, we may visit online forums or social media platforms.

The CCN staff member considers users comments and feelings about sites. The BTC site's reliability, fairness, and user experience are important factors.

Compilation and Analysis

Based on all this, our reviewer compiles a comprehensive review. It covers all aspects of the cryptocurrency betting site Australia.

The review highlights the platform's strengths, weaknesses, and notable features. The final assessment provides an objective analysis to help readers make informed decisions.

Our goal is to give you accurate and unbiased information. As a result, you’ll find it easier to choose a reliable and trustworthy Bitcoin betting site.

Bitcoin Betting Sites Australia – Sports, Markets and Odds

Sure, you want a site that offers nice bonuses and promotions. But it won’t hold your interest for long if it doesn't have adequate betting options.

So you need to determine the volume of sports and available markets. Learning more about odds is crucial if you intend to become profitable. I outline all this information below.

What Sports Can I Wager On?

When you bet with crypto in Australia, you should find sites that cater to various interests and preferences. Here are some of the most popular sports you can bet on at crypto sports betting sites in Australia.

Soccer

Association football, or soccer, is one of the most popular sports for betting worldwide. Bitcoin betting sites cover many football leagues and competitions from around the globe.

This includes major tournaments like the FIFA World Cup, UEFA Champions League, and English Premier League.

Basketball

Basketball is another trendy sport for betting. Australian crypto betting platforms offer betting opportunities in leagues such as the NBA in the United States.

You should also find markets for European leagues and other domestic and international basketball tournaments.

Tennis

Tennis attracts a significant betting interest. Major tournaments like the Grand Slam events (Wimbledon, Australian Open, French Open, and US Open) are particularly popular. BTC betting sites provide options for men's and women's tennis matches.

American football

Cryptocurrency betting sites cover American Football, focusing on the NFL in the United States. Bettors can place wagers on regular season games, playoffs, and the Super Bowl.

eSports

Crypto eSports betting has gained significant popularity recently, and many sites offer exciting wagering options. eSports titles such as Dota 2, League of Legends, Counter-Strike: Global Offensive (CS:GO), and Overwatch are frequently featured.

Baseball

Baseball is a popular sport for betting, primarily in countries like the United States and Japan. Digital currency betting platforms cover MLB games and other international baseball leagues.

Ice Hockey

You can also stake funds in ice hockey leagues worldwide. The NHL in North America and various European leagues are popular choices.

Horse Racing

Horse racing is a popular betting sport. Most platforms include a wide range of horse racing events worldwide.

You can find markets for significant horse racing events like the Kentucky Derby, Royal Ascot, Melbourne Cup, etc. Betting options typically include win, place, show, exacta, and trifecta.

Virtual Sports

Virtual sports are simulated sports events generated by computer algorithms. These events mimic real sports and allow bettors to place wagers on the outcome.

Crypto sports betting sites in Australia often offer virtual sports markets. These include virtual horse racing, football, basketball, and more. Virtual sports provide a fast-paced and continuous betting experience.

Formula 1

Formula 1, the pinnacle of motorsport, is another popular sport for betting. Crypto betting sites frequently include markets for Formula 1 races.

You can bet on the winner of individual races, championship outcomes, podium finishes, and other prop bets. Betting on Formula 1 races adds excitement and engagement to the viewing experience.

Of course, this is just the tip of the iceberg. You can wager on other motorsports, greyhound racing, snooker, pool, darts, table tennis and curling. It is even possible to get involved in WWE! Of course, you’re duty-bound to check out Aussie rules markets!

What are the Different Betting Markets?

To meet a variety of tastes and betting methods, the best BTC betting sites in Australia provide a large selection of markets. Here are some of the most popular digital asset betting marketplaces.

Match Winner

This is the simplest and most popular betting market. You place a wager on the group or person you think will triumph in the game or event.

Spread Betting

Giving one team or person a virtual advantage or disadvantage levels the playing field in handicap betting. Instead of merely wagering on the result of the game, you may also wager on the margin of win or loss.

Over/Under

Also known as the totals market, you wager on whether an event’s outcome will involve more or fewer scores than the sportsbook thinks. The bookie sets a ‘line,’ and you must decide whether the game will have more or fewer goals, points, etc. than it.

Correct Score

In this wager, you place your money on the precise result of a game or event. Although it is difficult to anticipate, the potential returns are larger.

First Scorer

In this market, you bet on the individual who will score the first goal of a game or become the first to accomplish a particular feat. For instance, in the NFL, you can back a player to score the first touchdown.

Futures/Outrights

In futures or outright wagers, you predict the winner of a competition, league, or tournament before the event begins. Examples include placing a bet on the outcome of the NBA Finals or the FIFA World Cup.

Prop Bets/Specials

"Prop bets" or "specials" are distinctive, niche betting possibilities. These may include wagers on a player's performance, halftime results, the number of yellow cards, or other particular match occurrences.

Live betting/in-play betting

Crypto betting platforms often provide live betting markets, enabling you to wager on events as they take place in real-time. Thanks to this dynamic market, you can take advantage of shifting odds. Hopefully, your predictions are accurate and will help you win money!

Accumulators/Parlays

Accumulators combine many separate bets into a single stake. They are also called parlays or combination bets. If any leg of the wager loses, you lose your entire stake. Although they carry more risk, accumulators have the potential for bigger returns.

These are just a few of the most popular cryptocurrency betting markets. The range and depth of markets may change depending on the particular website and the sports or events. Before putting your bets, it is a good idea to look around the crypto betting site Australia and see what markets are accessible.

All About Odds

Betting odds specify the likelihood that an event will occur. It also helps you calculate the reward if your wager wins. They determine how much you may win in relation to your wager. Three basic forms are frequently used to convey betting odds: decimal, fractional, and American.

Decimal Odds

In many regions of the globe, including Europe and Australia, decimal odds are the most popular format. They represent the entire payoff, which includes your initial wager.

Calculating the possible total payment is simple. You multiply your bet by the decimal odds.

For instance, suppose you place a $100 wager with decimal odds of 2.80. Your possible total payoff, including your original bet, is $280 ($100 x 2.80).

Fractional Odds

Fractional odds are common in the UK. They appear as ratios or fractions. The denominator (the number on the right) reflects the stake amount. The numerator (the number on the left) represents the profit you may gain.

Let’s say you wager $50, and the odds are 7/1. You stand to gain $350 in profit ($50 x 7) in addition to your initial $50 commitment.

American Odds

Commonly referred to as Moneyline odds, this format is most frequently utilized in the United States. They might appear as positive or negative numbers on the display.

Negative odds depict the amount you would need to wager to earn $100. Positive odds show your possible profit on a $100 gamble.

If you place a $100 wager on a pick with odds of +300, you could earn $300 in addition to your $100 original investment. In the case of negative odds, you must wager $150 to make a profit of $100 if the odds on your selection are -150.

The odds on cryptocurrency betting sites might change depending on the sport and event. The potential payoff increases with bigger odds, but the possibility of the event happening decreases.

It's critical to realize that odds do not represent forecasts of outcomes with a guarantee. Instead, they are the bookmaker's assessment of the likelihood of an event occurring.

However, the odds will change depending on the volume of money wagered. The cryptocurrency sports betting site has to manage its risk. This means decreasing the odds of an event if a large amount of money is bet on it.

Crypto Sports Betting Australia Sites Have Everything You Need

If you live in Australia, you can access betting sites and use cryptocurrency to play. However, the laws surrounding gambling in the country are not strictly straightforward.

Please make sure that playing the type of games you want is legal. Of course, using a virtual private network (VPN) to hide your location is possible. Yet, this could be an issue if the site finds out. It could choose to ban you and even keep your funds.

Ultimately, as long as you play within the law, you’ll love experiencing what Bitcoin sports betting Australia sites offer.

FAQ

Let’s investigate some additional details that I didn’t explore above or did not have the chance to elaborate on.

What digital currencies can I use on crypto sports betting Australia sites?

With the best crypto betting sites in Australia, the sky’s the limit! Apart from the ‘usual suspects,’ you can use one of many lesser-known altcoins. These include Tron (TRX), Ripple (XRP), Tether (USDT), and Polygon (MATIC).

Can you play casino games on BTC sports betting sites in Australia?

Yes! The top-rated sites cater to casino game lovers with lots of choices. You can play bingo, keno, poker, craps, Dice, and much more. If you enjoy live dealer games, these sites have you covered. You also get the chance to play classic table games like blackjack.

Is it legal for me to play on cryptocurrency betting sites?

It is illegal to bet online in several countries around the world. For instance, you can’t wager in Iran, Pakistan, Thailand, or Hong Kong. However, players in Germany, Spain, and Belgium are lucky. Before registering with any crypto casino or gambling site, check whether it is legal in your nation.

What are the best markets offered by crypto bookmakers?

That depends on your preferences. If you like to play it safe, you’ll like backing the favorites on the Moneyline. However, if you enjoy high-scoring events, you’ll want to back the ‘overs’ in the totals market. Finally, those seeking big wins may desire parlays.

What red flags should I look for when choosing a Bitcoin betting site?

For your safety, stay away from any company that doesn’t have at least a Curacao Gaming Authority license. Be wary of sites that have a long list of poor customer reviews. Also, swerve organizations that are new and have little information about them.

Which crypto betting sites are considered among the best?

The digital currency sports betting sites on this page are the industry’s finest, in our opinion. However, there isn’t any guarantee they cater to players in your country. Brands such as Cloudbet, Stake, and BC.Game are industry leaders. However, you need to ensure they’re accessible in your location first.