The emergence of cryptocurrencies has created numerous channels for innovation in the online betting world. While there are tens of prominent altcoins, Bitcoin remains the most popular. It’s, therefore, not surprising that some esports betting sites have adopted this cryptocurrency as one of their payment methods. As this is still a somewhat new concept, it may be challenging to identify the best esports betting sites that accept Bitcoin for deposits and withdrawals.
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In this guide, we’ll provide you with a full list of the best Bitcoin esports betting sites. Each one of these sportsbooks has been thoroughly evaluated by independent players and our team of experts, all with deep knowledge of various aspects of esports. You can click through any of the platforms to discover generous bonuses, quick transaction speeds, a wide range of betting options, and a whole lot more.
How We Determine the Best Bitcoin Betting Sites
While conducting our research, we created a long list of betting sites that have Bitcoin as a banking option. We then singled out ones that offer a wide range of esports betting markets. As you may already know if you’ve read our other guides and reviews, we work with tested criteria when identifying the best betting platforms for a particular game or banking option. So, before you register at the first esports betting site you come across, consider the following points:
Is the Bitcoin Esports Betting Site Trustworthy?
Before we even consider including an esports betting site on any of our lists, we first verify its legitimacy and reputability. As such, all the sportsbooks on this page are fully licensed and regulated by reputable governing bodies. Some of them are also audited by third parties to verify the fairness of their gambling products. We also check forums and comments on our review pages to find out what players are saying about different bookmakers.
What Types of Bonuses Are Available?
Today, pretty much every esports betting site offers new customers a welcome bonus. But we look below the surface to understand the quality of these bonuses. The most obvious part is finding out the quantum of the offer. But the biggest bonuses aren’t always the best ones. We, therefore, also evaluate the wagering requirements, expiry periods, cashout limits, and other bonus terms and conditions.
Is the Banking Section Organized?
Since we’re dealing with a relatively new payment option, we want to know how well-organized each Bitcoin esports betting site’s banking section is. One of the most important factors in this regard is speed. We only settle for the quickest deposit and withdrawal speeds. Another vital factor to check is whether or not the betting site charges any payment processing fees. We also
evaluate the transaction limits to ensure that both recreational players and high rollers can deposit and withdraw amounts that suit their budgets.
Quality Customer Support
We can’t overemphasize the importance of a good customer support team at a Bitcoin esports betting site. Setting up your crypto account and figuring out how to initiate deposits and withdrawals can be challenging for newbies. As such, we check and actually test how responsive each bookie’s customer support system is. In addition to ensuring that support agents are knowledgeable and responsive, we also want to confirm if they are available via multiple channels, including live chat, email, telephone, and social media.
Bitcoin Esports Bonuses
Bettors love that most esports betting sites now offer massive welcome bonuses. As there’s already a lot of competition in terms of odds, a good bonus may convince more customers to sign up. We evaluate these offers and let you know which ones are worth claiming. But we’re not quick to get impressed by Bitcoin esports betting sites that simply offer another standard welcome offer and stop there. The best sportsbooks can get really creative with ongoing deals. Here are some common bonus types we like to see.
Reload Promotions
Many Bitcoin esports betting sites will offer you a welcome bonus to get you to sign up. However, top bookies make it worth your while to consistently fund your account. These sites continually offer reload bonuses that appear on different days of the week or month. Some promos may only be available for specific tournaments or games. Other Bitcoin esports betting sites may even encourage you to try live betting or another exciting experience through cleverly-crafted deals.
Mobile Bonuses
Pretty much every esports betting site has a mobile-responsive website. However, some went on to develop dedicated mobile applications. The best way to then encourage customers to download these apps is to offer a special bonus that you can only claim using the app. As many of these bonuses work the same way as regular promos, you can get match deposits, free bets, no deposit packages, and the like. Whichever mobile bonus you claim, it’ll help you make your esports betting experience more enjoyable.
Cashback Bonus
While every esports bettor hopes to win every wager, you win some and lose some. The best Bitcoin esports betting sites sometimes help you take the sting out of your losses by offering cashback offers. Here, you get back a percentage of your lost bet as bonus cash. This allows you to place a more accurate bet on the next event and come out on top.
Bitcoin Betting Opportunities and Tips
As we previously mentioned, top Bitcoin esports betting sites offer an extremely wide range of gambling opportunities. As such, you may be a fan of one type of game but end up discovering entire new worlds of betting opportunities. Esports are divided into the multiplayer online battle arena (MOBA), first-person shooters (FPS), real-time strategy (RTS), fighting games, racing, sports, and other games. You can find loads of markets to wager on for each of these game types.
Bitcoin Esports Game Types
Here are some of the most popular games for each genre that you can wager on at the esports betting site listed on this page.
- FPS Games: CS: GO, Halo, Rainbow Six, Overwatch, Call of Duty, Halo, and more.
- Fighting Games: Super Smash Bros, Tekken, Street Fighter, Killer Instinct, Marvel vs. Capcom, and more.
- RTS Games: WarCraft, StarCraft…
- Sports Games: Rocket League, FIFA, Madden, NBA 2K, Madden, and more.
- MOBA Games: Dota 2, League of Legends, Heroes of the Storm, Vainglory, Smite, and more.
Bitcoin Esports Betting Markets
For most of these games, the simplest bet you can place is the match-winner. For some games that are played over several rounds, you can also bet on which team or player will win each of the rounds. But your choices aren’t limited to betting on who will win what. Scores bets, such as Totals and Over/Under allow you to predict the number of scores either side or both sides will score. Special bets add loads of excitement to your betting experience. These are usually wagering on events that can happen during a game but have no bearing on its outcome. Special bets include the number of corner kicks in a FIFA game or the first destroyed tower in a MOBA game.
Tips for Betting at Bitcoin Esports Betting Sites
Signing up with a top Bitcoin esports betting site is only the first step to enjoying a rewarding gambling experience. If you want to get the most out of your wagers, however, you need to keep the following points in mind.
- Leverage your esports knowledge: Placing accurate bets requires you to know as much information about the games and events you’re wagering on. It’s, therefore, important to start with the games that you already understand, know, and follow.
- Compare the odds: Sportsbooks typically offer slightly different odds on the same events. For you to get the most returns from your winning bets, you have to compare the odds and work with the best offer.
- Check the Bitcoin price: One of the main downsides of betting at Bitcoin esports betting sites is the volatility of cryptocurrencies. Sometimes you can make a deposit, win several bets, but cash out when the fiat currency value of your payout has dropped below the amount you initially started with. Of course, the reverse is also true—you can lose, yet end up with more cash. It’s, therefore, important to keep the Bitcoin price trends in mind.
Benefits of Using Bitcoin Betting Sites
Using Bitcoin as your preferred payment option for making deposits and withdrawals at esports betting sites comes with a lot of benefits. Here are some of the most pronounced perks:
No Tax on Winnings
Depending on where you reside, the taxation laws on gambling winnings may differ. One of the benefits of betting with cryptocurrencies is that no governmental agencies can regulate the flow of your money. As such, you don’t necessarily have to share your jackpot with anyone.
Transaction Security
One of the key selling points of transacting using Bitcoin is the security that your funds enjoy. As long as keep your wallet secure, there’s very little chance of intruders accessing your money without your permission. On the sportsbook side, the esports betting sites we’ve listed here use cutting-edge encryption technology to keep your account secure.
Ease of Registering
Before you can use any banking option at an online esports betting site, you have to create an account for that option. With Bitcoin, this process is quite easy. You don’t have to provide any personal information when you create your Bitcoin wallet. All you need to do is get your seed phrase, create a name and password, and start transacting. The process takes just a few minutes.
No Transaction Fees
Transaction fees slowly eat away at your esports betting bankroll. The benefit of registering with Bitcoin esports betting sites is that you don’t have to pay any of these fees.
Bitcoin Transaction Fees and Timelines
As we mentioned before, Bitcoin transactions are quick, safe, and affordable. Let’s look at the exact timelines and processing fees for your deposits and withdrawals at Bitcoin esports betting sites.
Network Fees
While the Bitcoin esports betting sites on our list won’t charge you any transaction processing fees, you may have to pay network fees. These fees are, however, significantly low when compared to what you have to pay using eWallets or other traditional banking methods.
Transaction Time
Deposits are instant on all the betting sites on this page. Withdrawals, on the other hand, may require up to a few hours to process. Once the betting site has completed all the checks and balances to clear your payout, you only have to wait a few minutes for the Bitcoin to hit your account.
What Bitcoin Sites Offer Live Betting?
Esports betting events are intense and provide a lot of second-by-second action and entertainment. Most bettors, therefore, love to follow the events they have wagers on as they happen. While there aren’t many Bitcoin esports betting sites that offer live betting and streaming opportunities, there are quite a few that have these and more features. We constantly update this list, so check back from time to time to find fresh sportsbooks.
Bitcoin Betting Sites Final Thoughts
As esports become more popular, the betting activity on games and tournaments is also catching up. Some progressive esports betting sites are starting to include more diverse payment options. Cryptocurrencies are showing up in many sportsbooks cashier sections, with Bitcoin being the most prevalent. The use of this payment option comes with numerous benefits if you register with a decent bookmaking site. But our team didn’t settle for decent operators—we used our time-tested criteria to identify only the best Bitcoin betting sites. When you sign up with any one of the websites listed on this page, you get full access to generous bonuses, a wide range of betting markets, top-notch customer support, and an all-around excellent betting experience.
