Crypto Sportsbooks

There aren’t many things better than betting on sports, but doing it with crypto takes the excitement up a notch. Not every crypto casino includes a sportsbook, so we’ve put together this list of the best crypto sportsbooks where you can wager on your favorite sports.

What is a Crypto Sportsbook?

A crypto sportsbook is an online platform where players can place bets on sporting events using cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and others. These sportsbooks allow users to wager on a wide range of sports and events—from football and basketball to esports and MMA—while taking advantage of the speed, privacy, and lower fees associated with crypto transactions. Crypto sportsbooks are becoming increasingly popular as more players look for secure and efficient ways to bet on their favorite sports.

Why Bet at a Crypto Sportsbook?

Crypto sportsbooks offer several advantages over traditional fiat-based platforms, making them an appealing option for both seasoned bettors and those new to sports betting. Here are a few reasons why betting with crypto could be the right choice:

1. Fast Transactions: Cryptocurrency transactions are often processed much faster than traditional banking methods. This means you can fund your account or withdraw your winnings quickly, often within minutes, without waiting for bank approval or dealing with long processing times.
2. Lower Fees: Cryptocurrencies typically come with lower transaction fees compared to credit cards, bank transfers, or e-wallets. This allows you to maximize your winnings and minimize costs.
3. Increased Privacy: Crypto sportsbooks offer an extra layer of privacy. Since cryptocurrencies allow for anonymous or pseudonymous transactions, your personal and financial details are kept secure, making crypto sportsbooks an excellent option for players who value their privacy.
4. Global Access: Crypto sportsbooks are available to players around the world, often bypassing regional restrictions that may apply to fiat-based sportsbooks. This opens up access to a wider range of markets and betting options.

Types of Bets Available at Crypto Sportsbooks

Crypto sportsbooks offer the same variety of bets as traditional sportsbooks, but with the added benefit of using cryptocurrency. Here are some of the most common types of bets you’ll find:

1. Moneyline Bets: This is the simplest type of bet, where you simply wager on which team or player will win the game or match. Moneyline odds will differ based on how likely a team is to win, so payouts will reflect the risk level.
2. Point Spread: In point spread betting, the sportsbook sets a margin of victory. Bettors can wager on whether a team will “cover the spread” by winning or losing by a certain number of points. This type of bet levels the playing field between favorites and underdogs.
3. Over/Under (Totals): In this type of bet, the sportsbook sets a total number of points expected to be scored in a game, and you can wager on whether the actual total will be over or under that number.
4. Prop Bets: Prop bets focus on specific events or performances within a game, such as which player will score the first goal or how many yards a quarterback will throw for. These bets are more niche and can be a fun way to bet on specific in-game events.
5. Futures Bets: Futures bets allow you to wager on long-term outcomes, such as which team will win the championship at the end of the season. These bets usually come with higher payouts, but also higher risk since they require waiting until the event is completed.
6. Parlays: Parlays combine multiple bets into one wager, with all selections needing to win in order for the parlay to pay out. The advantage is that parlays come with much higher potential payouts due to the added risk of all bets needing to win.

Popular Sports to Bet on at Crypto Sportsbooks

Crypto sportsbooks offer a wide range of sports and markets for players to bet on, including:

1. Football (Soccer): The most popular sport in the world, with global events like the FIFA World Cup and leagues like the English Premier League, La Liga, and more.
2. American Football: Bet on the NFL or college football, with a variety of betting options including moneylines, spreads, and prop bets.
3. Basketball: NBA betting is widely available, along with European leagues and college basketball, offering a wide range of betting markets.
4. Esports: With the rise of competitive gaming, esports betting is gaining popularity. Bettors can place wagers on popular games like League of Legends, Dota 2, and CS2.
5. Tennis: Major tennis tournaments like Wimbledon, the US Open, and the French Open attract plenty of action from crypto bettors.
6. Mixed Martial Arts (MMA): Bet on UFC fights and other MMA organizations, with a variety of markets including method of victory, round betting, and more.
7. Baseball: MLB and international baseball leagues provide plenty of betting opportunities throughout the season.

Are Crypto Sportsbooks Safe?

Crypto sportsbooks are generally safe to use, but it’s important to choose a platform that is licensed and regulated to ensure your funds and personal information are protected. While crypto offers increased privacy and security, the anonymity of some platforms means you should do your research and ensure you’re playing on a trustworthy sportsbook.

Look for reviews, security protocols like SSL encryption, and provably fair systems that can ensure the fairness of the bets. Many crypto sportsbooks also use two-factor authentication (2FA) to further protect your account.

What to Look for in a Crypto Sportsbook

When choosing a crypto sportsbook, here are some factors to keep in mind:

1. Accepted Cryptocurrencies: Look for sportsbooks that accept your preferred cryptocurrency, whether it’s Bitcoin, Ethereum, Litecoin, or other altcoins. Many crypto sportsbooks offer a variety of deposit and withdrawal options.
2. Wagering Requirements: If the sportsbook offers bonuses, be sure to check the wagering requirements before signing up. These requirements outline how many times you need to wager the bonus amount before you can withdraw your winnings.
3. Betting Markets: The best crypto sportsbooks offer a wide variety of sports and betting markets, giving you more options for placing wagers.
4. Live Betting: Some crypto sportsbooks offer live, in-play betting, allowing you to place bets while the game is happening. This adds an extra level of excitement to your betting experience.
5. Customer Support: Look for sportsbooks that offer reliable customer support, preferably with 24/7 live chat, to assist you in case of any issues.
6. Mobile Compatibility: Many players prefer to bet on the go, so choose a crypto sportsbook that offers a mobile-optimized website or app for a seamless experience on your smartphone or tablet.

Our Ranking Methodology

When evaluating the best crypto sportsbooks, we take several key factors into account to ensure you have a top-tier betting experience:

1. Licensing & Security: We prioritize licensed and regulated sportsbooks that offer secure transactions and protect your personal information.
2. Betting Markets & Sports Coverage: A wide variety of sports and betting markets is crucial. We look for platforms that cover all major sports, from football and basketball to esports and MMA.
3. Cryptocurrency Support: We evaluate the range of cryptocurrencies accepted by the sportsbook and the speed and reliability of their transactions.
4. Bonuses & Promotions: Crypto sportsbooks often offer bonuses like free bets or deposit matches. We review the generosity of these offers and assess their terms and conditions.
5. User Experience: We test the sportsbook’s usability, including how easy it is to navigate the platform, the quality of mobile betting, and the responsiveness of customer support.