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The Best Sites for Crypto Betting in 2022

With the growing popularity of cryptocurrencies, betting using crypto has become mainstream in certain countries. In this article, we go over different cryptocurrencies used for betting, list any pros and cons, and, of course, rank the best crypto betting sites available in 2022.

Most important info:

  • Many (but by no means all) top providers offer crypto payments.
  • Not all crypto sites accept players from all jurisdictions, so it might be hard to find one in certain countries.
  • Anonymity is an advantage of using cryptocurrencies, though you should still pay attention to licensing.

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Beste Buchmacher mit Kryptowährung 2021

1
Cloudbet
Cloudbet
Erfahrungsbericht
  • Die selbsternannte „Nr. 1 für Bitcoin-Sportwetten“
  • Ausschließlich Kryptozahlungen
  • Coins können direkt über den Bookie gekauft werden
Wertung Redaktion88%
Zum Wettanbieter
2
Mystake
Mystake
Erfahrungsbericht
  • Überdurchschnittlich viele Kryptowährungen
  • Gebührenfreie Zahlungen
  • 120% bis zu 600€ Neukundenbonus
Wertung Redaktion80%
Zum Wettanbieter
3
ExciteWin
ExciteWin
Erfahrungsbericht
  • Beliebte Zahlungsmethoden
  • Sehr schnelle Auszahlungen
  • Akku-Boost und weitere Deals
Wertung Redaktion90%
Zum Wettanbieter
4
Powbet
Powbet
Erfahrungsbericht
  • Populäre Kryptowährungen
  • Großes Bonusprogramm
  • Transparente Bonusbedingungen
Wertung Redaktion85%
Zum Wettanbieter
5
Lucky Elektra
Lucky Elektra
Erfahrungsbericht
  • Viele populäre Zahlungsmethoden
  • Sehr gute Zahlungsbedingungen
  • Hoher Bonusbetrag für Neukunden
Wertung Redaktion86%
Zum Wettanbieter
6
Playzilla
Playzilla
Erfahrungsbericht
  • Gute Auswahl an Kryptozahlungen
  • Tipp-Turniere und Sport-Jackpot
  • Viele verschiedene Bonusangebote
Wertung Redaktion81%
Zum Wettanbieter
7
Uberlucky Sportwetten
Uberlucky Sportwetten
Erfahrungsbericht
  • Top Willkommensboni für Sportwetten & Casino
  • Kryptozahlungen zugelassen
  • Zügige Auszahlungen
Wertung Redaktion73%
Zum Wettanbieter
8
Yonibet
Yonibet
Erfahrungsbericht
  • Viele Kryptowährungen im Angebot
  • Fast-Bet-Funktion für schnelle Wetten
  • Ausgezeichnete Auswahl an Wettoptionen
Wertung Redaktion81%
Zum Wettanbieter
9
Sportaza
Sportaza
Erfahrungsbericht
  • Ausgezeichnetes Wettangebot
  • Fokus auf Krypto-Wetten
  • Bis zu 200€ Neukundenbonus
Wertung Redaktion83%
Zum Wettanbieter
10
Casinia
Casinia
Erfahrungsbericht
  • Viele Kryptowährung vorhanden
  • Keine Gebühren, keine Wettsteuer
  • Viele Standard- und Spezialwetten
Wertung Redaktion86%
Zum Wettanbieter
11
1bet
1bet
Erfahrungsbericht
  • Schnelle Auszahlung bei Krypto Sportwetten
  • Solide Basiswerte beim Willkommensbonus
  • Top im Fußball – auch Regional- und Oberliga
Wertung Redaktion77%
Zum Wettanbieter
12
Nomini
Nomini
Erfahrungsbericht
  • Viele populäre Kryptowährungen
  • Beliebte Zahlungsmethoden vorhanden
  • Viele eSports, Virtual Sports und Kuriositäten
Wertung Redaktion76%
Zum Wettanbieter
13
Lucy's Casino Sportwetten
Lucy's Casino Sportwetten
Erfahrungsbericht
  • Täglicher Krypto-Bonus
  • Viele etablierte Zahlungsarten
  • Staatliche Lizenz vorhanden
Wertung Redaktion68%
Zum Wettanbieter
14
Ditobet Sportwetten
Ditobet Sportwetten
Erfahrungsbericht
  • Populäre Zahlungsmethoden und diverse Kryptos
  • Funktionale, flexible Deals für Bestandkunden
  • Kettenwetten, Cashout, Boosted-Bets und mehr
Wertung Redaktion90%
Zum Wettanbieter
15
Silverplay Sportwetten
Silverplay Sportwetten
Erfahrungsbericht
  • Sehr viele Kryptowährungen vorhanden
  • Willkommensbonus in drei Ausführungen
  • Breit aufgestelltes Wettangebot
Wertung Redaktion71%
Zum Wettanbieter
16
Rabona
Rabona
Erfahrungsbericht
  • Bitcoin, Litecoin, Ripple und Ethereum
  • Obergrenzen je nach VIP-Status
  • Guter Spielplatz für Fußballfans
Wertung Redaktion90%
Zum Wettanbieter

How Crypto Betting Works

Cryptocurrencies have been making the headlines for the past decade, with several crypto enthusiasts shoring up some very tidy profits indeed. At the same time, cryptos have become increasingly useful, not only as a speculative investment, but as a payment method that boasts low fees, fast payments, anonymity, and security.

Still, for the uninitiated, this modern payment method requires a little familiarisation. The aim of this article is not to explain the technical details of how each blockchain works for each altcoin, but rather to discuss the ins and outs of crypto betting for beginners.

How To Buy Crypto for Betting

There are several ways to buy cryptocurrency for betting. Certain crypto betting sites, such as Cloudbet or Sportsbet.io, even make things easier by letting you purchase crypto directly from their platform using a credit card or bank transfer. The site will guide you to your destination via the MoonBase exchange, where you can exchange your fiat currency without the need for an additional wallet. Although this is little more expensive than usual, it's much more convenient. 

While there are other ways of obtaining cryptos, such as mining, we assume that most bettors will probably buy their coins at one of the major exchanges. For this, you will also need a crypto wallet in which to store your coins.

Most exchanges also double as a wallet, so you will really only need one account for crypto betting.

Once you have your wallet set up, you can easily buy any number of cryptos, from established coins such as Bitcoin, Ethereum, Litecoin, and Bitcoin Cash, to altcoins with a lower market cap. You can use your credit card, e-wallet, or other payment method to buy your desired cryptocurrency. 

Best Crypto Exchange To Use for Sports Betting

When it comes to selecting a crypto exchange for sports betting, you'll be spoilt for choice. Still, there are a few factors you should look at, including:

Diese Tipico Regeln solltet Ihr kennen:
  • Licensing
  • Market cap
  • Fees
  • Integration with fiat payment methods
  • Independent reviews

With that said, here are our favourite crypto exchanges for sports betting.

Diese Tipico Regeln solltet Ihr kennen:
  • Coinbase
    Coinbase is a USA-based exchange and is licensed by US financial authorities. Here, you can safely purchase over 34 different currencies. As one of the largest and most renowned platforms in the scene, Coinbase has built up a large userbase in the double-digit millions.
  • Kraken
    Kraken is another US-based and licensed exchange which has been available since 2011. It allows you to buy over 47 different cryptos using your credit card or via SEPA transfer with low wallet and cash out fees.
  • Bit Panda
    BitPanda is an Austria-based exchange that is very popular in Europe. The site has been online since 2014 and focuses primarily on the best-known cryptocurrencies: Bitcoin, Ethereum, Dash, and Litecoin. As an EU citizen, you should be able to trade there without any problems. In BitPanda, wallet fees are already integrated into the coin price.

How to Deposit at a Crypto Betting Site

Once you have bought your cryptos, opt for a site that accepts your preferred coins, offers a fair welcome bonus, and holds a licence from a trustworthy authority. Most reliable crypto betting sites are licensed in Curaçao (more on that later).

How to Deposit Using Cryptocurrencies

  • Go to the payment methods section and choose your preferred crypto.
  • Type in how much you wish to deposit.
  • Scan the QR code with your wallet app and confirm the transfer.
  • The funds should appear in your account in a matter of seconds, and you can start betting!

Alternatively, you can copy/paste the wallet address displayed on the payments page and send the funds manually. Make sure to send your funds to the code displayed; you may not be able to reclaim the money if it ends up in the wrong destination. 

How To Withdraw From a Crypto Betting Site

Withdrawing your funds from any crypto betting site should be a piece of cake. Remember to make sure you have no active bonuses, as these usually prevent you from making withdrawals.

Here is how to withdraw your crypto winnings

  • Head to the payments page of your betting site and select ‚Withdrawals‘.
  • Enter the amount you wish to withdraw.
  • Paste your wallet address.
  • Wait for the payments team to process your withdrawal (this should be a matter of minutes or a few hours).

Bonuses, Fees, Processing Times and Limits at Crypto Bookies

Below, we take a quick look at typical bonuses, fees, timing and limits at crypto betting sites.

LimitsDue to their advantages, bookmakers often set very generous limits for cryptocurrencies. Thus, you can deposit huge sums up to 5 BTC.
FeesUsually, bookies do not charge extra fees for payments, though there may be specific wallet fees or miner’s fees associated with various cryptos.
TimingCrypto deposits are virtually instant, depending on which crypto you select. Most crypto bookie withdrawals take a few hours, after which the processing time is as fast as your blockchain allows.
BonusesAt many bookies, you can expect bonuses of 100% up to 1 BTC - we have even seen bonuses up to 5 BTC.
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The Best Currencies for Crypto Betting

When it comes to crypto betting coins, there is a world of choice at your disposal. Of course, Bitcoin is the most recognisable coin of its kind; however, there are already several alternative currencies that have been catching up in terms of popularity, even at betting sites. 

The main factors you should look out for when choosing a cryptocurrency for betting are reliability, blockchain speed, miner’s fees, and stability.

Outside the sports betting industry, there are now over 8,000 cryptocurrencies. Nevertheless, only a few can be used sports betting, with the others simply too new or still too unstable. The most widely used are undoubtedly Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Tether, and more recently, Dogecoin.

Diese Tipico Regeln solltet Ihr kennen:
  • Sports Betting with Bitcoin

    While Bitcoin is the most well-known and popular crypto, even for betting, it is not necessarily the best. It has become one of the more expensive currencies when it comes to miner’s fees and its original value can hardly be called stable. On the other hand, as Bitcoin enthusiasts will point out, it is the only truly unregulated crypto, meaning it is not controlled by any corporate entity.

  • Sports betting with Ethereum

    The second most popular cryptocurrency is most definitely Ethereum, found at most crypto sports betting providers. If a bookmaker accepts more cryptocurrencies than just Bitcoin, then it almost always accepts Ethereum as well. While it is not yet 100% stable, it boasts lower fees and faster transfers.

  • Sports betting with USDT

    Our personal favourite for sports betting is undoubtedly USDT. This coin was designed as a stablecoin, and, as its value is tied to that of the US dollar, you can be more or less sure that your winnings will not fluctuate in value.

  • Litecoin, Ripple, Doge and Others

    You will also come across the increasingly valuable cryptocurrencies Litecoin, Bitcoin Cash, and Ripple at reliable crypto betting providers. These too boast lower fees and faster transfers compared to the original crypto, Bitcoin.

The Best Crypto Sport Betting Sites

Looking for the top crypto betting sites available? We have scoured the internet and found numerous bookies that allow payments via cryptocurrency. We made sure that any crypto betting site listed here holds an appropriate licence from a reliable governing body. Besides this crucial aspect, we also paid attention to the number of accepted cryptos, the sports available, odds competitiveness, bonus offers, customer service, and more. Taking these parameters into consideration, here are our recommended crypto sports betting sites. 

Cloudbet

It should be clear upon first glance that Cloudbet is a go-to destination for crypto betting, with the site itself even claiming to be the „No. 1 for bitcoin sports betting“. Here, you can only deposit via cryptocurrency. If you don't have any coins yet, don't worry – you can also buy them directly from the bookie via credit card. They even offer a free crypto bet to new players!

Rabona

Logo von RabonaThe young bookmaker Rabona accepts a wide variety of cryptos for betting. Here you can not only deposit with Bitcoin, but also with dozens of alternatives, including Litecoin, Ripple, or Ethereum, as well as fiat options. With a huge welcome bonus up to €100 for sports, along with cashback offers, boosted odds, a weekly reload bonus, and more, it should come as no surprise that Rabona is quickly becoming one of the most popular crypto sport betting platforms in Europe and beyond.

 

Sportsbet.io

Sportsbet.io is a crypto-first betting site. You can deposit here with various coins, including Bitcoin, Ethereum, Litecoin, and many more. You even have the option of exchanging your fiat currency for crypto directly from the bookie. What's more week, you can win a USDT 50 free sports bet every week!

Licensing for the Crypto Betting Market

Even though cryptocurrencies are on the rise and are becoming more widely used for online sports betting and gambling, most European countries and licensing bodies remain less accepting towards them. This is because many governments deem them as a catalyst for money laundering and being harder to control, which makes them wary of affording them any sort of official status. So far, no European government has licensed casinos to accept cryptocurrency; however, this does not mean that you should go for unlicensed sites.

The Caribbean nation of Curaçao has become the frontrunner in licensing casinos for crypto betting. They ensure game fairness, fair payouts, and protection for gamblers.

As a result of all this, most crypto betting platforms are licensed in Curaçao, while there have been experiments with licensing it in the EU country of Malta as well.

Crypto Betting and Taxes

Ah taxes, the scourge of any sports bettor, and as far as we are concerned, an unfair tax. After all, didn’t we already pay tax on our income before we decided to gamble with it? And can we add gambling losses as an expense on our yearly tax returns? Probably not… Luckily, many countries in Europe do not have a gambling tax, while others do.

Many sports bettors turn to crypto betting as a way to “dodge” the tax man. Whether this is effective is not clear.

While most countries do not tax crypto gains, and have no clear legislation on crypto gambling, they may tax profits from the sale of cryptos.

Thus, when you sell your cryptos for cash, there is may be a crypto tax or income tax. This differs greatly between countries. In Germany, for example, there is no tax on the sale or cryptos, provided they have been held for at least one year.

Crypto Betting Pros and Cons

Without a doubt, a one-click deposit with PayPal or credit card is much easier and also a lot more transparent than using cryptos. On the other hand, crypto for sports betting can offer a great many advantages, especially in countries where sports betting is a grey area or where banking options are limited.

Why Bet With Cryptos?

Here is a brief overview of the benefits of betting with cryptocurrency.

AnonymityThanks to the system used, crypto transfers are highly anonymous and hard to be tracked back to the source.
Low feesWhile most modern deposit methods come with no fees for consumers, international transfers often come with fees. Transfers to non-EU countries are especially cheaper when using cryptos.
SpeedCryptos are faster than traditional banking, making them essential in countries where the banking system is slow or outdated.
No verification necessaryWith some bookmakers, all you need is an email address, with no need for the usual verification process.
Enormous securityYour bets are registered on a decentralised blockchain network, ensuring utmost security and proving even more reliable than traditional bank transfers.
Huge crypto bonusesReceiving crypto payments is very cheap for the bookmaker and they don't have to worry about chargebacks. This allows them to offer huge bonuses, often up to 1 BTC, or even 5 BTC!
Inflation-proofBitcoin and other cryptos were developed, among other things, to function independently of economic and social crises such as inflation. However, don't take this for granted - anything could happen!
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Ja | Nein

Reasons Not To Bet With Cryptos

Crypto sports betting has a few drawbacks, the main one being that it might not even be available. Licensed crypto betting sites often have blacklisted countries from which they cannot accept players. Below we have compiled a few disadvantages of betting with cryptos.

Not always availableAs we mentioned, crypto bookies may not be able to accept players from your country; alternatively, their website might be blocked by your ISP.
CumbersomeYou will also need a crypto wallet to buy and store your coins. This adds an extra step to all of your transactions.
Difficult to understand for some beginnersWhile everyone knows what a euro, British pound or Us dollar is, it can be hard for some users to get used to dealing with cryptos. That being said, you can go from a "noob" to a "crypto bro" in a very short time with a bit of self-education.
UnstableThe exchange rate of cryptocurrencies can fluctuate enormously. If you want to cash out your winnings, you may have to wait for the right time. This is one of the reasons we like USDT.
No state licenceBitcoin has long been recognised by the state as a trading object in most EU countries and is therefore completely legal. However, this does not mean any betting site licensed there accepts crypto for betting. Thus, it's best to stick to sites that hold a Curaçao licence.
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Sports Betting With Cryptos

Sports betting using crypto has become widespread, with fans of various sports all around the world using the currency for different reasons.

Diese Tipico Regeln solltet Ihr kennen:
  • Football Betting With Crypto

    Crypto soccer betting is very popular, especially in Latin America, where there are few alternative banking options.

  • Crypto Betting on the NBA

    Betting on the NBA with crypto is highly popular, especially in US states that have not yet licensed online gambling.

  • Horse Racing Betting With Crypto

    Horse racing betting with crypto is popular all over the world, especially in the US.

  • Esports Betting With Crypto

    Esports are popular with the younger demographic, as are cryptos, which explains why this currency is often used to bet on this relatively modern sport.

Crypto Betting Apps

Most crypto betting sites also have an excellent crypto betting app of their own, offering all the same features of their desktop counterparts. An advantage that apps have over mobile sites is that they are less liable to crash, and function more smoothly overall. This is especially important if you are a fan of live betting.

Usually, you will have to download the app as an .apk from the official crypto betting site itself, as most gambling apps are not available on either the Google Play store or the Apple Store.

If you have not downloaded an .apk file before, worry not – the process is not very complicated. That said, you may have to change a few of your phone settings for the process to be completed.  

Crypto Sports Betting FAQs

Can I use cryptocurrency for sports betting?

Yes, of course, there are dozens of available crypto betting sites. You can find the best options right here!

How can I bet on sports with Bitcoin?

First, sign up to a site that accepts Bitcoin. Next, head to the payments section, enter an amount, and scan the QR code with your wallet app – that's it!

Which betting sites let me deposit with Bitcoin?

Some of our favourite Bitcoin betting sites include Cloudbet, Rabona, and Sportsbet.io.

What is the best cryptocurrency for betting?

In our opinion, USDT is the best crypto for betting, as it pretty much the only reliable stablecoin that has almost never fluctuated in value vs the USD.

Which cryptos are most commonly used for betting?

The most popular coins for online betting with crypto are Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, and Tether. Recently, Dogecoin has also been added to this list.

Summary: Crypto Betting Has Plenty of Advantages, But Beware of the Risks!

We believe that cryptocurrencies will become more and more widespread in the future, having already become a viable alternative to conventional fiat payments for online sports betting. While their offer plenty of advantages, such as being completely anonymous and secure, there are however a few downsides worth taking into account.

We see issues in several main areas: unregulated bookies and licencing, taxes, and availability.

While we have listed licensed and reliable crypto betting sites on this page, you will have to manage your own taxes where and when necessary. In addition, many crypto betting sites do not accept users from certain countries. In that case, you might be better off at a licensed betting site with fiat currency, if only for the sake of convenience.

Overall, crypto betting does still offer various benefits, especially in countries where online gambling is still a bit of a grey area legally or where banking systems are outdated. These jurisdictions are the real prime markets for betting with cryptos, though these coins even hold advantages for bettors in countries with a wealth of reliable and fast fiat options, as seen earlier in this article. 

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