Best Crypto Sports Betting Sites in 2020
Here is the list of the best sites to wager on Sports with Cryptocurrencies including Bitcoin, Ethereum, Litecoin and more. All sites have been verified. Bet on Football, basketball, tennis and other matchups using Crypto!
Crypto Sports Betting
Crypto Sports Betting Sites are becoming more and more popular with each year, which makes the whole industry really competitive. It is great news for us, players, as we get more bonuses and benefits to choose from.
Most of the sites offer all good things that come with cryptocurrencies, including:
- Fast deposits and withdrawals
- Low fees
- High limits
- Anonymosity of players
These features make crypto sports betting appealing to bettors around the world. Many have switched completely from traditional betting sites to ones based on Bitcoin, Ethereum and other cryptocurrencies.
When it comes to offered markets, crypto sportbooks are equally good as their fiat competitors. You get to bet on various markets in football, basketball, tennis, soccer, ice hockey and all other sports that we love so much. Many whales (high rollers) will appreciate high limits that can be as big as 100 bitcoin per market.
If you're not a big punter and your wallet allows you to place only small wagers, then you will find crypto sports betting sites attractive as well, because most of them offer free bets or other no deposit bonuses. You can be sure to get your welcome bonus too if you decide to make a deposit.
Once you get bored with betting, you should check out our crypto gambling sites list for some quick action and adrenaline rush.
Crypto betting has become very popular, and with good reason. There are plenty of advantages to using the most popular cryptocurrency currently on the market. Check out the benefits of using cryptocurrencies to bet on sports and you will realize it is the best way to gamble on your favorite teams.
In addition to a massive reduction in payment processing costs – cryptocurrencies are also much faster than checks, bank wires, and other fiat methods. Some sportsbooks process Bitcoin payouts instantly while others take up to 48 hours. However, in almost all cases, from reputable betting sites, you’re not waiting much longer than 48 hours for your funds and typically – the wait is a lot shorter.
In comparison, other cashier methods, not only have fees, as mentioned above but take far longer to reach players. The fastest sportsbooks online get checks to players’ doorsteps in 3-4 days, but those speeds are rare. Most likely it’s taking about a week and even up to two weeks for checks. Many times, it’s longer. Bank wires have a similar timeframe.
Money transfers usually take 48 hours or less, but as mentioned above, the max amount is quite low compared to cryptocurrencies. Also, let’s not forget that the payouts are not only slower using fiat-methods, but that the extra fees versus no fees with crypto – make it a slower, but more costly option, as well
It’s a misconception that cryptocurrencies are anonymous, though, some do have features that make them near-anonymous. Bitcoin and other mainstream digital currencies are not anonymous but are a better option for bettors who don’t want to send their financial information to sportsbook operators and their payment processors.
Most sportsbooks will still ask you to prove your identity and go through a KYC process before you can receive a payout. However, some BTC-only or a sportsbook that solely operates using cryptocurrencies may not. Regardless, cryptocurrencies do keep your financial information off the web and preserve more anonymity compared to other cashier methods.
One branch of betting that is growing very fast among crypto bookmakers are bitoin esports betting sites. They tend to attract younger punters who are more familiar with cryptocurrencies and blockchain technology.