7 best bookmakers for betting in cryptocurrency: review 2020

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Cryptocurrency is becoming an extremely popular means of payment in the industrysports betting: in 2020, this option is available on hundreds of sites.

In response to increased competition, bookmakers and online casinos are starting to offer more cryptocurrency bonuses to attract more users and big players.

Another reason to bet in cryptocurrencyconsists in the ability to quickly make deposits and withdrawals, as well as low commissions and a large selection of games that can be played using bitcoins and altcoins.

In this article, we will tell you about the best cryptocurrency platforms for sports betting, what is the advantage of bitcoins over fiat money, and how to buy cryptocurrency and place your first bet.

Best cryptocurrency bookmakers of 2020

In 2020, sites such as Stake, SportsBet, 1xBit, BetOnline, Thunderpick, FortuneJack, and Betcoin are actively gaining momentum. Let's take a closer look at them.

Stake

Bonuses:special offers for VIP players

Where can you play:worldwide, except USA, Czech Republic and Australia

Rating: 9.3 / 10

Stake is a popular option for sports betting in Bitcoin and other cryptocurrencies. Players are attracted by the user-friendly interface and the variety of sports on offer.

Although this bookmaker does not offer any welcome bonuses, it is one of the most generous crypto bookmakers in terms of various VIP privileges and cashback.

Pros:

Simple registration. Enter your username, password and email address - that's all, you can place bets.
Anonymous accounts.
Social betting. The site has a public chat and forum. In addition, players can make their bets publicly available for all to see.
Stake offers lines for a variety of sports and esports.
More than 20 thousand live events every month.
 Support is available 24/7.
The ability to deposit and withdraw funds in cryptocurrencies such as BTC, ETH, LTC, BCH, DOGE, XRP and TRX.
 Instant withdrawal of funds.
Special privileges for VIP players.
Simple and modern design.
Unique online casino games.

Minuses:

No welcome bonuses.
The site is not available to players from the USA, Australia and the Czech Republic.

SportsBet

Bonuses:The bookmaker regularly holds various promotions for registered players.

Where can you play:Great Britain, countries of Asia, South America and the European Union.

Rating:9/10

SportsBet is a great site for betting ina cryptocurrency that accepts bitcoins and many different altcoins. SportsBet's only serious drawback is that bettors from the USA, Australia and Estonia cannot play in this bookmaker.

Pros:

BC is available in almost all countries of the world.
Customer focus.
Water polo and eSports betting is available.
You can make deposits in BTC, ETH, LTC, SOC and other currencies, including fiat.
Payment is available with Visa, MasterCard, MuchBetter, EcoPayz, Paysafecard, etc.

Minuses:

Bookmaker's office is not available for bettors from the USA, Australia and Estonia.

1xBit

Bonuses:welcome bonus up to 7 BTC for the first 4 deposits using promo code 1xb_13206.

Where can you play: all countries of the world (restrictions may apply for US and UK players)

Rating:8.9/10

BC 1xBit was launched back in 2016. It is available in many languages and is one of the best crypto bookmakers thanks to its extensive list of games as well as interesting promotions for bettors. The 1xBit website is anonymous and accepts deposits in 25 different cryptocurrencies.

Pros:

A huge variety of betting events including esports, UFC, politics and more.
Large selection of live bets.
Anonymity and registration in one click.
Lots of bonuses and promotions, cashback.
Accepts 25 cryptocurrencies, including BTC, ETH, LTC, USDT, PAX, OMG, LINK and many more.
Multi-currency account - you can use multiple cryptocurrencies at the same time.
The site is available in 60 languages.
Large selection of casino games.

Minuses:

Complex user interface.
No fiat currencies.
Restrictions for US and UK players.
Lack of legal information about the platform and its owners.

BetOnline

Bonuses:50% bonus on first deposit up to $1 thousand when replenishing in fiat currency, 100% bonus when replenishing in cryptocurrency.

Where can you play:Worldwide.

Rating: 8.7 / 10

BetOnline is one of the most popular cryptocurrency gambling sites. It is targeted at US players but is available worldwide.

BetOnline bookmaker started its work in 2004. With the advent of cryptocurrencies, this company has earned itself a reputation as one of the few Bitcoin betting sites that fully comply with the US regulatory framework.

Pros:

 Wide selection of lines, large number of live bets.
You can make deposits in BTC, BCH, XRP, ETH, LTC and other cryptocurrencies.
The site is available all over the world.
High bonuses when replenishing a deposit in bitcoins.
Security and customer focus.
The site offers poker, blackjack and slots.
24/7 live chat and phone support.

Minuses:

Inconvenient interface.
Cryptocurrency deposits are automatically converted to fiat money.

Thunderpick

Bonuses:5% bonus on first deposit

Where can you play:worldwide, except the USA, France, the Netherlands, Great Britain, Poland, Sweden and Malta.

Rating:8.5/10

Thunderpick is a great betting site incryptocurrency. Its distinctive feature is an extensive selection of lines for CS: GO, League of Legends, Dota 2 and other esports events. Thunderpick is developing rapidly, introducing new features and improvements - for example, in the future, it is planned to add bonuses for replenishment of the account for regular customers. Your account can remain anonymous as long as you only make deposits in cryptocurrency.

Pros:

Fast withdrawal of funds (15 minutes on average).
Convenient and easy to learn user interface.
System of ranks and daily rewards.
Lines are available for many sports, esports betting, as well as casinos with a large selection of games.
You can deposit funds in BTC, LTC, ETH, XRP, USDT, BCH, as well as using Visa, MasterCard, Skrill and other payment systems.
The platform has its own token called Thundercoin for use on the platform.
24/7 live chat and phone support.
 The site is available in seven languages: English, German, Russian, Turkish, Portuguese, Spanish, Chinese.
5% first deposit bonus.

Minuses:

 The site is not available to users from the USA, France, the Netherlands, Great Britain, Poland, Sweden and Malta.

FortuneJack

Bonuses:110% first deposit bonus up to 1.5 BTC + 250 free spins, weekly deposit bonuses up to 3.5 BTC.

Where can you play:worldwide, except the USA and UK.

Rating: 8.2 / 10

FortuneJack was one of the first sites tostarted offering sports betting in bitcoins. It was launched in 2014 and is one of the most popular crypto betting sites thanks to its extensive list of games and special offers for bettors, as well as the ability to transact in multiple cryptocurrencies.

Pros:

Simple registration and account setup.
24/7 support.
You can replenish the deposit in BTC, BCH, LTC, ETH and other currencies.
High transaction speed.
In addition to sports betting, FortuneJack offers roulette, blackjack, craps, poker and slots.

Minuses:

No fiat currencies.
The site does not have a gambling license.

Betcoin

Bonuses:100%,50% and 25% bonus on first, second and third deposit up to 1 BTC.

Where can you play:all countries of Asia, Europe, as well as South and North America.

Rating:8.1/10

Betcoin is a crypto betting site that was launched in 2013. Since then, Betcoin has expanded its range of games and sports lines to include almost every known sports.

Pros:

Huge selection of sports: football, baseball, American football, tennis, volleyball, basketball, rugby, cricket, boxing, MMA and more.
You can deposit in BTC, BCH, DASH, ETC, ETH, LTC, XMR, and XRP.
Cashback program for VIP players.
 You can play blackjack, roulette, slot machines, baccarat, bingo, craps, poker and many other games.

Minuses:

  No fiat currencies.
 Some games may not be available in some regions.
The site does not have a gambling license.
Inconvenient interface.

What should you consider when choosing a cryptocurrency bookmaker?

High rating and good reviews about this or thatwebsite does not guarantee that it will be the best choice for you. If you're looking for a convenient and secure crypto betting platform, there are several factors to consider.

Jurisdiction

The most important factor when looking for a cryptocurrency bookmaker- whether you can place bets from your country of residence. For example, if you live in the United States, then BetOnline is best for you, since it is one of the few resources that accepts bets from citizens of this state. At the same time, other sites may be more convenient for UK and EU residents.

Reputation

After you have found a site running in yourregion, you should study the reputation of this resource, as well as familiarize yourself with its license. For example, SportsBet and Stake operate under a license from Curacao, a jurisdiction known for its loyalty to gambling.

When studying the reputation of the bookmaker, please notehow he resolves disputes with the player, and also study the reviews of the site in various thematic forums. Of course, we've already checked the reputations of all of the above sites, so you don't have to do it yourself.

You can also check if the bookmaker cooperates with independent organizations that mediate in resolving disputes - for example, "Bookmaker Rating".

In addition, it is worth paying attention to howyour chosen resource has been working for a long time. For example, BetOnline bookmaker has been operating since 2004, which means that almost two decades of impeccable reputation speak in favor of this site. However, younger companies can compensate for the lack of reputation with various promotions and bonuses, which can also be a plus for some players.

Selection of lines and events for bets

While most cryptocurrency bookmakers do notdiffer greatly in terms of available lines and events for betting, some of them offer bets on exclusive sports that competitors do not have. In this regard, sites such as Stake and Sportsbet clearly stand out, which offer a huge number of markets for almost any event.

Anonymity

One of the main advantages of usingsports betting cryptocurrencies - the ability to hide your personal data and financial information. If this factor is of decisive importance to you, it is worth looking at platforms like Stake, 1xBit, and Betcoin.

Where to buy cryptocurrency for betting?

There are several ways to buy cryptocurrency:

1. Crypto-exchanges. Exchanges are the most reliable and secure platforms. However, they have high fees and almost always require account verification to use them. You can choose a suitable crypto exchange on the Coinmarketcap website.

2. Exchangers. These resources are distinguished by the optimal combination of transaction speed and anonymity - many of them do not require verification. Nevertheless, almost all exchanges include the cost of their services in the exchange rate, so it can be higher than on the exchange.

3. Private traders. The main advantage of buying through private sellers is the ability to make deals for small amounts. In addition, in some cases, these sellers may offer better rates than exchanges and exchanges. You can find private traders to buy crypto on the LocalBitcoins platform, or in special Telegram bots.

You should not store purchased coins on stock exchange accountsand exchangers - it is better to withdraw them to your wallet immediately after purchase. For popular cryptocurrencies such as Bitcoin, there are a huge number of different wallets, including dedicated hardware devices.

Why is crypto betting so popular?

Cryptocurrencies began to be actively used ingambling about five years ago. Since then, this market has experienced exponential growth - today digital money is used in hundreds of online casinos and bookmakers. There are several reasons for this popularity.

Fast deposit and withdrawal of funds

Cryptocurrencies representdecentralized digital money. This means that the player and the bookmaker perform financial transactions without intermediaries. This way, you can instantly deposit and withdraw funds - some sites even have automatic payments directly to the client's wallet.

Low fees

The absence of intermediaries not only speeds up transactions, but also reduces their cost. In the chart below, you can see the transaction costs for Bitcoin, Litecoin and Ethereum.

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