Bitcoin Sports Betting Guide
Bitcoin bookmakers are revolutionising the world of sports betting. Many of the bitcoin sportsbooks featured on this website allow you to create anonymous accounts and wager from any part of the United States. Thanks to bitcoin, these sportsbooks can process your deposits and withdrawals instantly, so you no longer need to wait weeks for a payout. Banking is also completely free, which means you'll have more money in your player account. Bitcoin sports betting sites allow you to wager on every major league in the USA, UK, Europe, Australia and Asia, including the NFL, NBA, AFL and the English Premier League.
Nitrogen - NitrogenSports.eu
Nitrogen Sports are our favourite "bitcoin only" sportsbook. Since opening their doors back in 2012, they've quickly established themselves as the leading bitcoin sports betting site. They are headquartered in Costa Rica and owned by IdealMedia.com
Bovada Sports - Bovada.lv
Bovada are a great option for sports bettors in the USA who want to reap the benefits of bitcoin banking but also want the added security that comes with using a major online sportsbook brand. Licensed and regulated by the Kahnawake Gaming Commission
CloudBet Sports - CloudBet.com
We rank CloudBet as the second best bitcoin-exclusive sportsbook after Nitrogen Sports. They have been serving sports bettors thoughtout the world since 2013 and are known for competitive lines, fast payouts and a great selection of in-play betting markets.
BetOnline are a traditional U.S. bookie that are regulated and licensed in Panama for the last twenty years.
Over the past 20 years 5Dimes have earned a reputation as one of the top US friendly books. Based in Costa Rica.
Betcoin are a major "bitcoin exclusive" gambling site that has been operating from Costa Rica since 2013.
Tips For Choosing The Best Bitcoin Sportsbook
With such a variety to choose from, selecting the best bitcoin sportsbook can be a tricky task. Here are a few questions that you should ask before you make your selection.
- Do They Offer Live In-Play Betting?
If you are someone who likes to place a bet in the heat of the action, you should check first what kind of an in-play betting service they offer. At sportsbooks that only accept bitcoin, in-play betting is usually restricted to just NFL football, NHL hockey, NBA basketball, European soccer and major tennis tournaments. In-play wagering on rugby, cricket, golf or MMA/UFC is often not possible.
- Do They Have Zero Processing Fees?
Being able to avoid hefty credit card fees is one of the biggest advantages of using a bitcoin sportsbook. Most BTC bookies will process your deposits and withdrawals free of charge. We have noticed however, that some traditional "bitcoin friendly" online sportsbooks do charge their players a processing fee of a couple of percent. We recommend that you avoid these betting sites.
- Which Betting Markets Are Covered?
If you're the type of sports bettors that only wagers on the big events then you'll be well catered for by most BTC bookmakers. If however, you also like to bet on smaller leagues like the Canadian Football League, NCAA College Basketball, WNBA or NCAA Football leagues, then you may be better suited to a major online bookmaker like Bovada or BetOnline who are also bitcoin friendly.
- Which Bet Types Are On Offer?
Sportsbooks that only accept bitcoin tend to only offer money-line bets, spreads and totals. If you are a fan of proposition bets and teasers, combination bets and head-to-head betting then you should sign-up with a BTC friendly online betting site like 5Dimes or Bodog.
- Do They Offer Two-Factor Authentication?
Safety and security should always be a priority when choosing the best bitcoin bookmaker because when your BTC are gone, they are gone forever. One of the best ways to secure the bitcoin in your player account is to enable two factor authentication. This means that any withdrawals from your betting account will not be processed until you have confirmed the transaction via Google Authenticator or from your registered email account.