Best Crypto Sports Betting Sites

But for those who are new to crypto sports betting, it can be hard to know where to start. Our top guide to crypto sports betting tells you everything you need to know, looking at these areas:

• Best crypto sports betting sites
• Introduction to sports betting and its rules and regulations
• Defining cryptocurrency and explaining how it works
• How to bet with crypto sports betting sites
• Top sports to bet on using cryptocurrency
• How to pick which crypto sports betting site to join
• Other sports betting payment methods that can be used
• Top cryptocurrency options for online sports betting
• How to set up a cryptocurrency wallet
• Sports betting tips, tricks and strategies
• Cryptocurrency sports betting bonuses, offers and promotions
• Pros and cons of using cryptocurrency for sports betting
• Future regulation changes to watch out for

We’ve got a lot to get through, so let’s kick things off with our picks for top crypto betting sites.

The history of sports betting is too long to recount in full here, but it is safe to say that people have been placing wagers on the outcome of sporting events for many thousands of years. Betting was popular all the way back in the days of Ancient Rome, when people would place bets on the outcome of chariot races. This is one of the first examples of sports betting.

Horse racing was one of the first sports where betting became very popular and the sport of kings remains intrinsically linked to gambling to this day. Indeed, many of the top races that take place around the world are sponsored by a gambling company in some form or another.

Anyone who wants to bet on sport nowadays will be confronted with a quite dizzying list of sports and markets to pick from. Many crypto sports betting sites offer 30+ different sports and it is possible to choose from hundreds of different bets for big games within the Premier League.

With cryptocurrency a relatively recent phenomenon, it is worth quickly recapping exactly what it is and how it works. Essentially, cryptocurrency can be defined as a digital or virtual currency that has been secured by cryptography. This means that it can be deemed very safe to use.

Cryptocurrencies are decentralised, with no central authority responsible for regulating them. This ensures they cannot be tracked, but it does mean their value rises and falls at a rapid rate.

Bitcoin is the most famous cryptocurrency and it regularly makes headlines when its value spikes or drops a lot in a short space of time. Although Bitcoin feels new, it has actually been around for more than a decade, having been created by Satoshi Nakamoto, about whom nothing is known. While some countries have banned Bitcoin, others have embraced it. In El Salvador, for example, Bitcoin has been adopted as legal tender and others might follow suit.

Crypto can now be used for online sports betting, with more and more sites allowing its use.

With all of the above in mind, here are the top sporting options for online crypto sports betting:

Football ⚽

For every crypto sports betting site, football is the top sport to bet on. The beautiful game is popular all over the planet and competitions like the World Cup are huge online betting events. The Premier League is also a juggernaut when it comes to online betting, as is the Champions League. But domestic cups, leagues and tournaments from around the world at all levels are also offered. In short, if a football match is being played, it will very likely be available to bet on. Various markets are offered, from basics like match winner and correct score through to how many shots on target a player records. Accas with multiple bets included are very common too.

Tennis 🎾

For those who like to bet live in-play, tennis is one of the top options. There are ideal chances to place a live wager between each set, game and even in between every point that is played. Tennis majors – the Australian Open, French Open, Wimbledon and the US Open – are spaced out throughout the year but tennis events take place in every month on the calendar nowadays. It is a fascinating time to bet on tennis with the old guard of Roger Federer, Rafael Nadal, Andy  Murray and Novak Djokovic either retired or on the way out, while top young players such as Carlos Alcaraz and Holger Rune are the sport’s future. As with football, tennis fans can access a range of markets, from match winner and the score in sets to various great handicap options.

Horse racing 🐎

Horse racing and betting have always been closely linked. These days, the biggest races on the planet attract a huge amount of money in betting. Great betting bonuses are often offered for horse racing, such as best odds guaranteed, acca insurance and extra place races. This helps to ensure that there is always a lot of value up for grabs for those who place bets on the racing.

Boxing/MMA 🥊

Fight fans are increasingly interested in placing bets on bouts. Boxing and MMA tend to attract a lot of the same people, with top stars even crossing over between the two sports these days. Boxing is in an interesting era with various celebrities even trying out their skills in the ring. Both boxing and MMA can be very exciting to bet on as the contest can be over with a single blow.

Rugby union/rugby league 🏈

While both codes of rugby are nothing more than a minor sport in many countries, in others such as the UK for example they are firmly among the top sports to bet on. Both rugby union and rugby league have international competitions like the World Cup that are good to bet on.

American football 🏈

US sports are not just popular for betting in America, with the NFL in particular having a growing fanbase around the world. These days, a handful of regular-season NFL matches are even played outside of the US, with London and Germany having held games in recent seasons. Of course, much of the interest in American football betting centres around the Super Bowl. Played in February each year, this is without a doubt one of the biggest betting events on the calendar.

Basketball 🏀

Another top US sport to bet on is basketball, which comes in second behind the NFL. With the season having so many matches played there is a lot for basketball fans to choose from when betting. The play-offs then see a spike in interest as does betting on the annual March Madness.

Baseball ⚾

With a season as long as basketball, those who want to bet on baseball are spoiled for choice. Even though baseball’s stop-start nature can be frustrating to watch at times, it does mean that there are a lot of chances to place live in-play wagers, as well as bets before games get started.

Ice hockey 🏒

Hockey wraps up the major North American sports that people around the world bet on. Again, the ice hockey season is a long one, but most of the betting interest surrounds the play-offs.

Golf 🏌

It is a fascinating time for fans of golf, with the emergence of the LIV tour having thrown the future of the sport into doubt. LIV has since joined forces with the PGA tour but it is unclear how they will operate together into the future. PGA and European tour events have long been popular to bet on and the majors – like the Open and the Masters – are very popular for betting. The Ryder Cup, which sees Europe’s best take on America’s greats, is another top golf event.

Cricket 🏏

Cricket might only be played in quite a small number of countries around the world, but it cannot be understated how popular it is in some nations such as India, where it is an obsession. Cricket has various formats – from the recently introduced Hundred competition in the UK to Twenty20, One Day Internationals and Test cricket, which for many remains at the peak of the sport. As with baseball, the gaps between each delivery mean cricket is ideally suited for live in-play bets. The Indian Premier League – the top T20 event – has become nothing short of a juggernaut and World Cups for various formats, for both men’s and women’s teams, take place most years too.

Motorsport 🏁

Motorsport fans also enjoy placing bets on the action, with markets like which driver will record the fastest lap among the most popular to pick from. MotoGP is some way behind Formula One when it comes to betting but motorsport fans will find there are plenty of options to pick from.

Esports 🎮

Esports betting is very new but a lot of crypto sports betting sites do offer it. Esports such as CS:GO and Dota 2 are among the most popular to bet on, with various markets being offered.

Esports betting spiked in popularity during the COVID-19 pandemic as a lot of ‘real’ sporting events had to be paused as it was not deemed safe for them to continue. Esports betting continues to develop but many experts believe it will become a key part of this industry in future.

Virtual sports 🎮

Many crypto sports betting sites also have virtual sports available to bet on. These can be useful for when big sports such as football are in the close-season, so there is less to bet on. There are different types of virtual sports to pick from, from virtual soccer to tennis and basketball.

One of the top things to consider when picking a sports betting site is which payment methods they have. While cryptocurrency is moving up the list of the most popular options that can be used to make deposits into betting sites, a wide array of alternative methods are offered too:

Payment Method	Explanation
	As most people have a debit card in their wallet, this might be the easier option to go for. Visa and Mastercard dominate the industry and debit cards are nothing short of ubiquitous. They are quick and easy to use for both deposits and withdrawals. In some countries such as the UK, credit card deposits are no longer allowed for online gambling, leaving debit cards instead.
	Those who value fast withdrawals from online betting sites are advised to consider using an e-wallet. PayPal is probably the most famous e-wallet in the world but Skrill and Neteller are also offered by a lot of sports betting sites. Using an e-wallet to make the first deposit after signing up for an account at a betting site usually means users won’t get the welcome bonus.
	Some people prefer to use a smaller budget when betting on sports via the internet these days. This makes prepaid cards and vouchers a good choice, enabling sports fans to keep a close level of control over the amount of money they are spending on online sports betting.
	A recent addition to the list of online payment methods that can be used for sports betting is crypto, with options such as Bitcoin and Litecoin now available at a large number of sites. Crypto sports betting sites might be dedicated solely to this option, but it is increasingly the case that people have the choice to use crypto or traditional methods such as debit cards as well.
	With mobile betting continuing to get more popular around the world, payment methods that make it simple to add funds while on the go are commonly used nowadays. Apple Pay for iOS devices and Google Pay for those who have an Android smartphone are fast and easy to use.

Those who are brand new to using cryptocurrency for sports betting will need to create a wallet.

There are two types of wallet. The first is a hosted wallet from an operator such as Coinbase. The second type of wallet is a self-custody wallet, which puts users in charge of their crypto.

Follow our very simple step-by-step guide to set up a cryptocurrency wallet quickly and easily:

1. Pick a platform: There are a few options out there. People who want to set up a wallet should consider factors like security, compliance with regulations and ease of use.
2. Create an account: To get set up, enter details into the registration form. It can also be a good idea to set up two-factor authentication for an extra layer of account security too.
3. Buy or transfer crypto: A lot of hosted wallets let users buy crypto directly, as well as transferring any crypto they have elsewhere. This makes them a solid one-stop shop.

As we mentioned above, various bonuses and promotions are offered by crypto sports betting sites. Let’s take a look at some of the most common crypto sports betting deals available now:

One big issue to keep in mind for anyone who wants to get started with crypto sports betting is that the industry could be the subject of future changes to laws, legislation and extra regulation.

Cryptocurrency has caught governments around the world on the hop and many of them are now still trying to catch up. Indeed, some countries are yet to legislate properly for the rise in online betting over the past decade or so, with the arrival of crypto being an extra complication.

Some nations have shown more of an inclination to embrace crypto, while others have banned them. As cryptocurrency becomes more widely understood, it might be the case that those that previously opted to ban its usage reverse that decision at some point in the near-term future.

More online betting sites around the world are very likely to begin offering cryptocurrency on their list of approved payment methods. This would mean that they effectively join the existing crypto sports betting options out there, giving people a lot more choice when it comes to sites.

In the UK – where changes to online betting laws are currently being debated – MPs have recommended that cryptocurrency trading should be regulated as a form of gambling. This is something else to think about, as betting with crypto could become gambling in two formats.

However, in most countries changes to the law are very slow to be implemented. This means

people will have lots of notice should laws regarding crypto sports betting changes. Those who want to bet with crypto should always make sure that it is legal to do so in their jurisdiction first.