Best Crypto Gambling Sites In 2023

We’ve reviewed tons of sites, and these are our top 10 crypto sports betting sites in Canada.

Reviews of the Top Crypto Sports Betting Sites in Canada

Get familiar with our 10 crypto sports betting sites in Canada before you begin.

Overview of the Best Crypto Sports Betting Sites In Canada in 2023

Crypto Sports Betting Sites In Canada Have Numerous Advantages

Crypto sports betting sites have become increasingly popular in Canada. They come with many advantages, as you’ll soon see. Here's a breakdown of why these sites stand out.

Rarely Geo-restricted

Crypto sports betting sites often have fewer geographic restrictions. This is due to the global nature of cryptocurrencies. They're not tied to any specific country, so you can bet from almost anywhere.

It is not uncommon for a crypto betting site to accept VPNs. With a VPN connection, you can play from virtually any corner of the Earth.

Fast Deposits And Withdrawals

With cryptocurrencies, deposits and withdrawals on betting sites are faster compared to traditional methods. The transactions happen directly between your wallet and the site, reducing waiting times.

Low Fees

Crypto transactions often have lower fees, while traditional payment methods might involve third-party services, each taking a cut. Cryptos cut out these middlemen, saving you money in the process.

Higher Limits

Crypto sports betting sites often have higher deposit and betting limits. This is particularly appealing if you're a high-roller looking to place large bets.

Cryptos’ Value Can Go Up

Cryptocurrencies can increase in value. If you deposit crypto into a betting site and the value goes up, your deposit can be worth more than when you made it.

More Privacy

Cryptocurrencies offer more privacy. You don't need to share as much personal information when using cryptos as you would with traditional payment methods.

Better Site And App Design

Crypto sports betting sites often have modern, user-friendly designs. This makes for a better user experience, whether you're placing bets or navigating through different markets.

Crypto Trumps Fiat

Cryptocurrencies also have advantages over fiat currencies. They're not subject to the same regulations and can be used anywhere in the world. This global accessibility makes them ideal for online sports betting.

More Autonomy With Crypto

Cryptocurrencies provide more control over your own money. You're not reliant on banks or other financial institutions. This autonomy makes for a smoother and more convenient betting experience.

Drawbacks of Cryptocurrency Gambling Sites

While cryptocurrency gambling sites offer many advantages, there are also drawbacks that you should consider. Let's discuss these in more detail.

Largely Unregulated Sites

Many cryptocurrency gambling sites don’t have any regulations. This means they're not overseen by any government or regulatory body. This lack of oversight can lead to unfair practices or even fraud.

Irreversible Transactions

Cryptocurrency transactions are irreversible. Once you've sent crypto to a wallet address, you can't get it back unless the recipient sends it back to you. This is different from traditional payment methods, where you might be able to reverse a transaction or file a dispute.

Less Recourse With Issues

If you encounter issues with a crypto gambling site, you might have less recourse. Since many of these sites are based overseas, it can be difficult to resolve any problems that might arise. Customer support might not be as robust compared to regulated sites.

Needs Some Know-How

Using cryptocurrencies requires some technical knowledge. You need to know how to set up and use a digital wallet, how to buy and send cryptocurrencies, and how to secure your coins. This can be a barrier if you're not comfortable with technology.

Cryptocurrencies Are Volatile

Cryptocurrencies are known for their price volatility. The value of Bitcoin, Ethereum, and other cryptocurrencies can fluctuate wildly in a short period. This means the value of your deposits and potential winnings can change rapidly, which adds an extra layer of risk to your betting.

Choosing a Crypto Gambling Site

There are many things you need to think about when you are choosing a betting site. Let’s take a look at some of the most important ones.

Available Payment Methods

You should always review the available payment methods. Reliable sites provide a variety of options for deposit and withdrawal. You should expect to see popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin among the choices.

But don't forget to look for traditional methods as well. Credit card and bank transfer options may be present, and some sites also offer eWallets like PayPal. A range of options assures flexibility in managing your funds.

End-to-end payment processing

Next, ensure the site offers end-to-end payment processing. This means that you can make deposits and withdrawals using the same cryptocurrency, and in some cases also use it for betting. Such a feature is crucial as it ensures swift transactions and helps maintain your privacy.

For instance, if you prefer to use Bitcoin, you'd want to ensure that both deposits and withdrawals can be made with Bitcoin. This aspect streamlines the payment process.

Sports And Markets

Make sure the site offers odds for all your favorite sports. All sites have bigger leagues and tournaments. But if you are more into some niche sports or smaller leagues, make sure the site has them.

Different sportsbooks can also offer several markets for the same events. Make sure there are enough options available in this case too.

Ensure legality

Ensure you verify the legality of the site. Each site should hold a license from a recognized gambling authority or commission. This license proves the site's legitimacy and that it operates under specific regulations for fairness and security.

It's important to check whether the site is legal in your country, as different places have different online gambling laws. Avoid using a site that isn't licensed or isn't allowed in your location. This way, you can bet with peace of mind.

Great reputation

Before making your decision, always look into the site's reputation. A site with positive reviews and feedback from players can be trusted over those with frequent complaints. Check out ratings on various review platforms and forums.

Look for comments about payout efficiency, game fairness, customer service, and the overall usability of the site.

Promotions and campaigns

A good site will offer bonuses and promotions. These can give you extra funds to play with. Here are some common types.

Welcome Bonus

This is a bonus you get when you sign up. It might match your first deposit or give you some free spins.

Deposit Bonus

A deposit bonus gives you extra funds when you add money to your account. The site will match a percentage of your deposit.

Free Spins

Some sites give you free spins on slot games. These are essentially free rounds in a game decided by the casino.

Cashback Bonus

Cashback bonuses give you back a part of your losses. It's a great way to get some money back if you're having a tough time.

VIP Programs

VIP programs reward you for playing a lot. You can earn points to exchange for cash, prizes, or special bonuses. The more you play, the more you can earn.

Signing Up for a Cryptocurrency Betting Site

Joining a BTC sportsbook is a process that requires several steps, but don't worry; we're here to guide you through them.

Choose A Site From Our List

First things first, pick a crypto sports betting site from our carefully chosen list. These sites have been thoroughly reviewed and vetted, ensuring a safe and entertaining gambling experience. You might fancy a site that specializes in specific sports, or prefer one offering a wide range of events.

Open An Account

Once you've chosen a site, the next step is to open an account. Usually, you need to give an email address and create a password. Some sites are closer to anonymous betting sites and don't ask for personal details, while some might require more information.

Buy Crypto

You'll need to buy cryptocurrency to use some. We recommend platforms like Binance or Kraken, as some others, like Coinbase, may penalize gamblers. You can buy Bitcoin, Ethereum, Litecoin, or others, depending on your preference and the options offered by the betting site.

Prepare Your Crypto

Once you have your crypto, it's time to get it ready for deposit. You'll need to move it from the exchange to your wallet. This is a crucial step for maintaining control over your cryptocurrencies.

Use A Hosted Wallet

It's recommended to use a non-custodial or hosted wallet, meaning one where you control the private keys. This ensures that you have complete control over your crypto assets.

Check The Deposit Address

Before depositing, check the deposit address for your account on the betting site. This is the address where you'll send your crypto to. It's a unique string of characters, and it's crucial to get it right.

Deposit And Start Betting

With everything in place, it's time to deposit your crypto onto the betting site. Once the deposit is confirmed, you can start betting on your favorite sports and games. Whether it's betting on the Super Bowl, the Wimbledon, or the NHL, the choice is all yours.

Withdraw Your Winnings

After you've had some fun and hopefully won some bets, don't forget to withdraw your winnings. The withdrawal process usually involves sending the funds back to your wallet. Once you’ve done this, you can keep them or convert them back into CAD or any other fiat currency.

How We Review Crypto Sports Betting Sites In Canada

We carefully review crypto sports betting sites to provide you with the best information. Our team follows a strict process to ensure a strict but fair analysis of each platform. Here is our process.

1. We Join The Site

We start by signing up to experience what a new user would encounter. Then we check whether the process is easy to follow and how long it takes to create an account. We also take note of any issues we encounter along the way.

2. We Make a Deposit

Next, we make a deposit. We examine how easy it is to deposit money into our account. This includes how long the deposit takes to show up in our account and whether there are any fees.

3. We Play The Games

We then dive into the games offered. We want to experience everything from sports betting on NFL, NHL, or NBA games to esports and casino games like roulette and blackjack. And we also check whether the site offers live betting options for real-time action.

4. We Contact Customer Service

Customer service is important. We contact the site's customer service team with queries or issues to see how they respond. This gives us a good idea of the overall customer support quality.

5. We Make a Withdrawal

Next, we request a withdrawal. We check how easy it is to withdraw our winnings, how long it takes, and whether there are any withdrawal fees.

This process also gives us insight into how reliable the site is when it comes to paying out winnings.

6. We Ask Around

Lastly, we ask for opinions from other players. We look at reviews and ask other users about their experiences. This way we ensure our own luck or other personal opinions do not weigh too much in the final verdict.

Tips For Responsible Gambling

Gambling can be a lot of fun, but you need to bet responsibly to keep it that way. Here are some tips to enjoy a safer gambling experience.

Do Not Chase Losses

One golden rule in gambling, whether it's on sports like NHL, NBA, or NFL games, or casino games like blackjack or poker, is to never chase your losses. This means that if you lose a bet you shouldn’t try to make up for it by betting more. This is a common mistake, especially in sports betting. Stick to your strategy and remember that losing is part of the game.

Only Play with What You Can Lose

Another crucial tip is to only play with money you can afford to lose. Never use money set aside for important things like rent or bills.

That means not betting your valuable Bitcoins or Ethereum unless you're okay with losing them. It's about enjoying the experience, not causing financial stress.

Make A Budget

To keep your gambling activities in check, set a budget. Decide how much you want to spend on betting sites each month and stick to it.

This can include deposits for sports betting, bonuses, and entertainment. By keeping track of your money, you'll avoid any nasty surprises.

Set Limits

It's vital to set limits for your gambling activities. Many sites in Canada and around the world allow you to set daily, weekly, or monthly deposit limits. This is a useful feature that can help you stay within your budget. Remember, it's okay to walk away before you reach your limit.

Most Popular Sports on Crypto Sports Betting Sites In Canada

Many popular sports are featured on crypto sports betting sites in Canada. Here are some of the most popular sports that Canadians bet on using cryptocurrencies.

Ice Hockey

Ice Hockey is a sport at the heart of Canadian culture. NHL games are a major attraction on crypto sports betting sites. These platforms offer a variety of options to place bets on this fast-paced game. From predicting the final score to guessing the number of goals a team or player will score, there's a bet for everyone.

Soccer

Soccer is gaining popularity in Canada and the betting scene is no exception. Major tournaments like the Champions League, Europa League, and the World Cup have a significant presence on these platforms. Betting on soccer provides an extensive range of markets, from match results to player performance. These sites offer a wealth of information and analysis to help you place your bets wisely.

American Football

Betting on American Football, including NFL and CFL games, is an integral part of crypto sports betting sites in Canada. The Super Bowl and Grey Cup are events that attract many bettors. These platforms provide detailed reviews and statistics of past performances, aiding your decision-making process. Crypto sportsbooks often offer bonuses to new users, which can be a big boost to your initial stake.

Basketball

The NBA is a significant part of the sports betting scene in Canada. Crypto sports betting sites offer an array of betting options, from predicting match results to wagering on player performance. Basketball's fast-paced action also makes it a popular choice for live betting.

Baseball

Baseball, particularly MLB games, is popular among bettors on crypto sports betting sites. With its rich statistics and strategic depth, baseball offers a lot of betting opportunities. These platforms provide a variety of markets and offer detailed information on player performance and team standings.

Tennis

Tennis attracts a lot of attention on crypto betting sites in Canada. Major tournaments like Wimbledon, US Open, French Open, and the Australian Open offer exciting betting opportunities. Whether you are betting on the match result, the number of sets, or the exact score, the variety of options keeps the betting action engaging.

Horse Racing

Horse racing is a classic in the betting world. The thrill of the race combined with the suspense of betting results makes it a popular choice on crypto sports betting sites. These platforms provide a wide selection of races from around the world and offer various betting markets.

Formula 1

Formula 1 racing has a dedicated following among crypto bettors. The high-speed sport provides numerous betting opportunities. You can bet on race winners, podium finishes, fastest laps, and much more. Crypto sports betting sites offer a lot of data and analysis to help punters make informed bets.

Cricket

While not as popular as some other sports in Canada, cricket still has a solid fanbase. Betting on cricket matches, from the English County Championship to the World Cup, adds excitement for fans. Crypto sports betting sites offer a wide range of betting options and provide in-depth analysis and information.

eSports

eSports has exploded in popularity, and its presence on crypto betting sites is growing. From Dota 2 to League of Legends, bettors have a wide range of games to choose from. The dynamic nature of eSports provides exciting betting markets.

Virtual Sports

Virtual sports provide a unique and engaging betting experience. These games simulate real sports, allowing for betting opportunities even when live events aren't available. Whether it's virtual soccer, horse racing, or tennis, there's something for every sports fan.

Most Common Bet Types

Most betting sites offer dozens or even hundreds of bet types. Here are the most popular ones you just have to know before you start betting.

Moneyline

Moneyline betting is one of the simplest forms of sports betting. It involves placing a bet on the team or player you believe will win.

For instance, in an NFL game, you decide which team will come out on top. Moneyline odds may vary depending on the sportsbook.

Betting on Ethereum gambling sites or other crypto sites makes the process faster and more secure. This straightforward bet type is popular due to its simplicity, and crypto transactions only add to the ease and efficiency of the experience.

Handicaps

Handicap betting, also known as spread betting, adds an extra level of excitement to BNB sports betting. It involves giving one team a virtual advantage or disadvantage to even the competition.

For example, in an NBA game, a team might have a -3.5-point handicap, meaning they need to win by 4 points or more for a bet on them to pay out. This type of betting can make even the most predictable games thrilling.

Futures

Futures betting involves wagering on the outcome of a season or tournament. For instance, you might bet on the team to win the Super Bowl or the Champions League at the start of the season. This long-term bet can provide season-long excitement.

Just remember that while the potential payouts can be massive, you’ll need to wait until the end of the season or tournament to see if your bet was successful.

Prop Bets

Prop bets, short for proposition bets, are wagers on specific events or outcomes within a game. These can be related to player or team performance, such as the number of goals scored in a soccer match or the number of home runs in an MLB game.

Prop bets offer a lot of variety and can add an extra layer of fun to the betting experience. Whether you're a seasoned bettor or a newbie, prop bets can spice up your sports betting.

Parlay

A parlay bet involves linking two or more individual bets together. To win, all the linked bets must be successful. This type of bet can lead to higher potential payouts, but also comes with more risk, as one wrong bet can lose the entire parlay.

Parlay betting is popular in a variety of sports, including NFL and NBA games. Remember, while the potential payouts of parlay bets can be enticing, the increased risk means it's important to carefully consider your betting strategy.

Different Odds Formats

Understanding odds is crucial to your sports betting experience. Different odds formats may be used depending on the country or the sportsbook. The three most common formats are American, decimal, and fractional odds. Most crypto sportsbooks allow users to select their preferred odds format, providing a user-friendly betting experience.

American Odds

American odds, often used in the US and Canada, may appear confusing at first. A negative number, say -200, represents the amount you need to bet to win $100. So, to win $100 betting on a team with -200 odds, you would need to wager $200.

A positive number, say +200, represents the amount you would win from a $100 bet. In this case, a successful $100 bet would yield a $200 profit. Cryptocurrency sportsbooks often provide tools to convert these odds into other formats.

Decimal Odds

Decimal odds are popular in Europe, Australia, and New Zealand. They are straightforward and easy to understand. The decimal number represents the total amount you'll get back for a $1 bet, including your stake.

For example, decimal odds of 1.50 mean that for every $1 bet, you will receive $1.50 back if you win (50 cents profit). With decimal odds of 3.00, a $1 bet would return $3 if successful ($2 profit).

Crypto sportsbooks often default to decimal odds, but usually offer the ability to switch to other formats based on user preference.

Fractional Odds

Fractional odds are common in the UK and Ireland. They show your potential profit relative to your stake. For example, odds of 1/2 mean that for every $2 bet, you would win $1. Conversely, odds of 2/1 mean that for every $1 bet, you would win $2.

Other Games on Sports Betting Sites

Sports betting sites offer a rich variety of other games to keep your entertainment level high. Whether you want to take a break from sports betting or try something new, these games are worth checking out.

Classic Card Games

Classic card games like blackjack and baccarat are staple offerings on sports betting sites. Blackjack requires you to beat the dealer by getting a hand closer to 21 without going over.

In Baccarat, you bet on which hand, player or banker will have a total closer to 9. These games are easy to learn and quick to play, making them popular choices.

Roulette Games

Roulette is a timeless casino game available on many sports betting sites. You place bets on where a ball, spun on a wheel, will land.

Options include specific numbers, color, or whether the number will be odd or even. The range of betting options and the game's simple premise make roulette a staple offering.

Slot Machines

Slot machines are simple, fun, and often come with the chance of winning big. You spin reels filled with different symbols in hopes of landing a winning combination.

With a wide selection of themes, bonus features, and jackpots, crypto slots offer an entertaining way to try your luck.

Video Poker Games

In video poker, your goal is to build the best five-card poker hand possible. As a game of skill and strategy, video poker attracts players who enjoy using their wits to win.

Live Casino Games

Live casino games bring the real-life casino experience right to your screen. Top providers like Evolution and Pragmatic Play offer games like live roulette, blackjack, and baccarat, all streamed in high quality.

Live casino games usually feature professional dealers, providing an authentic and engaging experience.

Poker

Poker is a strategic card game that pits players against each other. Sports betting sites offer different poker variants, including Texas Hold'em and Omaha. Many gambling sites host tournaments, giving you the chance to test your skills against other players.

Other games

Many crypto casinos also have a category for all sorts of specialty games. These games can include lottery games like keno or bingo, or rarer games like plinko.

One big hit over the past few years has been crash gambling. Crash is a simple game where you only need to wait – but if you wait too long, you’ll miss your chance of winning.

The Best Exchange To Use With Crypto Sports Betting Sites in Canada

Binance is the top choice when you want to start betting on crypto sports sites. Some other exchanges penalize gamblers, but not Binance.

You can also find tons of cool features and investment opportunities in Binance, so it’s a great exchange overall.

Crypto Sports Betting Sites In Canada Can Be A Lot Of Fun

Exploring the world of cryptocurrency sports betting in Canada can be an exciting adventure. These sportsbooks offer a wide range of sports and events to choose from, so there's something for everyone. The use of cryptocurrencies like Bitcoin and Ethereum adds a modern twist, providing fast transactions and added security.

Remember, the key to enjoying this journey lies in making informed decisions and betting responsibly. Understanding each step from choosing the right betting site to preparing your crypto and withdrawing your winnings ensures a safe and fun betting experience. So get started and enjoy the world of crypto sports betting in Canada.

Frequently Asked Questions

How does crypto sports betting work in Canada?

Crypto sports betting works similarly to traditional sports betting, but you use cryptocurrencies instead of traditional money.

You sign up on a crypto sports betting site, purchase cryptocurrency from platforms like Binance, and deposit it into your betting account. From there, you can place bets on a variety of sports and events.

What are the risks of crypto sports betting?

Crypto sports betting carries the standard risks associated with gambling, such as the potential for loss. But it also has some unique risks. The value of cryptocurrencies can be highly volatile, which can impact the value of your deposits and winnings.

Also, transactions made with cryptocurrencies are irreversible. If you make a mistake while making a deposit, you can't get your funds back.

What are the benefits of crypto sports betting?

Crypto sports betting offers several benefits. Transactions are usually quicker and more secure than traditional methods, and they often come with lower fees. It can also provide more privacy, as you're not sharing as much personal financial information. Lastly, some crypto betting sites offer enticing promotions and bonuses for users who deposit with cryptocurrency.

What types of bets are available on crypto betting sites?

Crypto betting sites offer a wide variety of bets, similar to traditional sports betting sites. Bets can range from who will win a match, the number of goals scored, and many other options.

How do I know if a crypto sports betting site is legitimate?

Check for factors like proper licensing, reputation, customer support, available payment methods, and quality and variety of games. We only recommend trustworthy sites, so start by reading our reviews.

Where do you go to bet on sports in Canada?

You go online. That’s how you can find the best odds, most lucrative bonuses, and the best experience overall.

Rundown of the Best Crypto Sports Betting Sites In Canada in 2023

1. Jackbit 
2. ThunderPick 
3. BetPlay 
4. Betonline 
5. Mystake 
6. Sportbet.one 
7. Sportsbetting.Ag 
8. FortuneJack 
9. Vave 
10. BetUS