Bitcoin Sports Betting Sites

No matter where we live and who we are, there’s one thing which connects us all and which we all share: the love for sports. Even if we don’t professionally participate in any sports by ourselves, we always like to watch them and to support our favourite teams and athletes. And for those sports fans who want to make watching sports even more exciting, sports betting provides a chance to spice things up while also enabling the people to make some extra money. Bitcoin sports betting sites give people a real chance to make betting even more enjoyable, while also making it much more secure and private.

In this article you will find all the information required to start using Bitcoin sports betting websites in a safe and efficient way. You will be able to learn how to start using BTC betting sites, how to bet with Bitcoin anonymously, and how to be sure that the Bitcoin sports betting site you’re using is fully secure and reliable.

How to Bet with Bitcoin?

Step 1: Choose the Right Bitcoin Sports Betting Site

Let’s start with the most important thing: choosing the best available Bitcoin sports betting website on the market. Believe it or not, but it’s really the most crucial aspect of betting with Bitcoin - only if you choose the right BTC sports betting site you can be absolutely sure that you will place bets in a secure way, and that you will have a real chance of going to the moon!

Many beginners often tend to focus on things like bonuses, or the list of cryptos accepted at sports betting sites. While all these things can be very important, something else should be checked as a first priority: is the Bitcoin sports betting site you’re about to create an account on operating in a fully legal way, and are you absolutely sure that it is run by a legally registered company?

Using legal Bitcoin sports betting websites is the only way to place your bets safely. On the other hand, using a shady BTC betting site can mean that instead of going to the moon, you will lose all your funds!

Because of that, in this article we will focus only on 100% legal Bitcoin betting websites. We will use the example of Sportsbet.io further on, but if you prefer you can use any other BTC betting site - just make sure that the one you pick is fully legal!

Step 2: Register an Account on Sporsbet.io

If you’ve never used a Bitcoin sports betting site, you will be very pleasantly surprised to notice that BTC betting websites are much more user-friendly than traditional bookmakers which do not support cryptocurrency. In other words, registering an account on a Bitcoin sports betting website is much easier and quicker than on a typical sports betting platform.

To register an account, go to Sportsbet.io and click the “Sign Up” button in the top right corner of the screen. You will be asked to type in a username that you want to use, a password, an email address, and your date of birth (used to confirm that you’re of legal age required to enter a sports betting website).

When you click “Confirm”, an email will be sent to the address that you provided. After clicking the confirmation link, you will be automatically logged in to Sportsbet.io, and your account will be ready to use.

There’s also an even simpler way to start betting with Bitcoin - instead of manually creating an account, you can simply connect your Google or Facebook account to Sportsbet.io. That way, your dream of going to the moon will be able to manifest even faster!

Step 3: Deposit Funds to Your Account

Bitcoin sports betting sites don’t require you to go through an unnecessarily lengthy and complicated verification process. If you’ve already created an account, all you have to do is to deposit some funds to it, and you’ll be able to start betting right away!

In order to make a deposit, click the button displaying your account balance located in the top right corner of the screen. You will be redirected to the “Wallet” section of your profile.

After you’ve been redirected to the “Wallet” section, click the “Deposit” button. Now, you will be provided with the address of your personal Sportsbet.io Bitcoin wallet, as well as with a QR code which also contains the same address in a form that can be easily scanned with any mobile Bitcoin wallet app.

Using either the address or the QR code, send a desired amount of BTC to your Sportsbet.io account utilizing your preferred Bitcoin wallet application. Make sure to not send any other cryptocurrency to your Bitcoin address!

Please note that Bitcoin transactions are not immediate, and for the deposit to fully complete it may take from a couple of minutes to over half an hour, depending on the current state of the Bitcoin network. So if the funds don’t arrive on your Sportsbet.io account right away, don’t panic and be patient - your bitcoins will show up on your account soon.

Step 4: Start Betting with Bitcoin!

This part doesn’t require much explaining - just have fun and enjoy yourself while making sports bets with BTC! While Bitcoin betting sites are much more secure and easier to use than traditional online bookmakers, placing bets looks exactly the same so using a Bitcoin betting website like Sportsbet.io will be immediately familiar to anyone who's placed a bet before.

Anonymous Betting at Bitcoin Sportsbooks

Okay, but first things first - why even use Bitcoin bookmakers instead of traditional betting sites which only accept fiat currencies such as dollars or euros? After all, aren’t cryptocurrencies just another payment method among many?

Well, yes… and no. Bitcoin is an alternative payment method, but it is a payment method which enables BTC sports betting sites to provide many exclusive advantages to their users, compared to bookmakers which mainly use payment methods like VISA, Mastercard, or traditional bank transfers.

One of the most important benefits of using Bitcoin sports betting websites that many people enjoy is a very high level of privacy and anonymity. In the case of traditional betting sites, the user is forced to disclose all kinds of sensitive, private information, such as the full name, address, phone number and many more. In most cases, you will even be requested to send a scan of your ID or driver’s license!

Fortunately, Bitcoin sportsbooks are different. You will never be asked to reveal any kind of sensitive data. You can simply register an account, make a deposit, and start betting right away. Because why would anyone want to know where you live if you simply want to place some bets and maybe make some extra money while betting on the outcomes of your favourite sports events?

Simply put, privacy is one of the core values of cryptocurrencies like Bitcoin, and BTC sports betting websites respect that. So if you take your privacy seriously, Bitcoin bookmakers will be much more welcoming for you than outdated betting sites which only accept fiat currencies like the dollar or euro.

Licensed and Legal Bitcoin Sports Betting

Some people are still a bit concerned when it comes to Bitcoin betting websites, since they are still uncertain whether BTC bookmakers are legal or not. In other words, many fans of sports betting are not convinced if betting with Bitcoin is as legitimate as betting with dollars or euros.

It’s essential to note that cryptocurrencies like Bitcoin are no longer just a piece of novel, experimental technology only used by a small group of tech experts. Nowadays, digital currencies like BTC are being used by banks, investment firms, tech giants, and are even starting to be accepted as legal tenders of entire countries.

Simply put, Bitcoin is now a legitimate method of payment, used by hundreds of millions of people all over the world. So there’s nothing weird about using Bitcoin to make a deposit on a sports betting website - on the contrary, it can greatly increase your chances of going to the moon with sports betting!

Furthermore, using Bitcoin betting websites is often considered to be a much more secure alternative to sites which only accept outdated methods of deposits and withdrawals. Popular methods of making deposits, such as using debit or credit cards, require you to type in sensitive data such as the card number on the Internet. Doing that can put you at risk, because the data can be hijacked by the hackers, and used to steal funds from your bank account.

Using Bitcoin is much safer because all transactions made with cryptocurrencies are secured with extremely advanced, military-grade algorithms utilized in blockchain technology. So using Bitcoin sports betting sites is not only a legitimate form of sports betting - it can also be much more secure than using traditional, fiat-based online bookmakers.

Of course, it’s always essential to make sure that the Bitcoin betting site you’re using is fully legal. While Bitcoin betting in itself is legal in most jurisdictions, there’s always a small chance that you will happen upon a scam website that is not operated by a legally registered company.

To make sure that you’re using a legal Bitcoin sports betting website, always check if the site you’re on displays information about the company which owns it. If you can’t find the physical address of the BTC betting site’s owner anywhere, you might be looking at a Bitcoin betting website which does not operate legally. If that’s the case, it’s better to try some other BTC bookmaker than to risk losing all of your funds!

Bitcoin Sports Betting FAQ

Can Betting With Bitcoin Really Make You Go to the Moon?

The short answer is: of course it can! Sports betting can be very profitable, especially if you’re betting on a sports discipline that you’re well familiar with, and that you’ve been a fan of for a very long time. Unlike with casino games like dice, sports betting is not based on chance - it requires strategy and prediction skills, so it’s all based on your knowledge, and not on luck. Because of that, Bitcoin sports betting sites have a real chance of helping you to realise your dream of going to the moon!

Do Bitcoin Betting Sites Only Accept BTC?

Bitcoin (BTC) is the first, original, and by far the most popular cryptocurrency. Because of that, most crypto betting sites mainly accept Bitcoin, and most fans of sports betting with crypto use Bitcoin to make deposits and withdrawals. However, this doesn’t mean that BTC is the only cryptocurrency accepted on Bitcoin betting websites. Most of the crypto bookmakers support many different types of cryptocurrencies. However, the specific list of accepted digital currencies vary from one website to another, so you should always check the list of supported cryptocurrencies on the specific Bitcoin betting website that you’re using.

Is Betting With Bitcoin Really Secure?

Bitcoin and other similar cryptocurrencies are commonly considered one of the most secure methods of making payments, including deposits and withdrawals on online betting sites. All Bitcoin transactions are secured with state-of-the-art cryptographic algorithms, which makes the possibility of someone stealing your funds from the blockchain extremely small. Furthermore, all deposits will be made using your personal wallet application, and you won’t be required to type in any sensitive information such as your credit card number anywhere on the Internet while making a deposit.

Can I Withdraw Funds From BTC Betting Sites Whenever I Want?

Your money is yours - if you win money while using a Bitcoin betting site, you will be able to withdraw the funds to your personal wallet immediately. Usually, even if there is a limit to withdrawals, that limit is very small, so that you can remain flexible and be certain that you can move your funds whenever you want, without any problems.

Can I Use Bitcoin Betting Websites Anonymously?

Bitcoin bookmakers can be used with a very high level of anonymity and privacy. You will never be asked to disclose any sort of private and sensitive information such as your full name, address or phone number. Registering an account will usually only involve providing your email address and date of birth (in order to assure that you are of legal age to use the website). Furthermore, the Bitcoin transactions themselves are very private and secure, and you do not have to link them to your real identity if you don’t want to.