Revealed: 4 reasons to choose a crypto bookmaker
If you’re still wondering why some bettors prefer crypto betting to using regular payment methods, you’re about to discover the answers. It’s an ever-growing area of online betting, and these are some of the reasons why that’s the case.
1: The bonus potential is often bigger
We’ve seen sites offering bonuses of up to 1 BTC. Since the value of one Bitcoin can reach several thousand US dollars or the equivalent in other currencies, you can see how much is on the table. At the other end of the scale, the minimum deposit to reveal a bonus is often lower and more achievable too, opening the way for more players to claim it.
Even though you may not accept a bonus as big as the one mentioned here, you can see the potential for high rollers who are willing to bet more on their preferred horse race, basketball game, or American football match. Cryptocurrencies often mean no limits, or at least much more generous ones than you’d see with standard payment methods.
2: There are lower transaction fees
Transaction fees vary between sites and between methods, but overall, you can expect far lower fees for crypto transactions than for any traditional payment methods you might use. This is one of the reasons why a crypto betting bonus is often more generous than one given to players using other methods. We’ve spotted bookmakers confirming there are no fees attached to their crypto methods - something to be aware of and to look for.
3: You can make speedy withdrawals
Everyone loves getting instant funds when they request them, and that’s often the case when you choose to withdraw via crypto. When you select a bookmaker, crypto methods you can use should appear in the banking or cashier area of the site. This area usually confirms the likely timescale you can expect when cashing out your winnings. It can mean days for other methods, but minutes for crypto users.
4: A crypto bookmaker often welcomes people from more countries
The online gambling world is filled with licensing requirements and restrictions. If a bookmaker wishes to operate in a certain country, they must meet all the requirements demanded of them. Some countries, such as the UK, are stricter on licensing regarding cryptocurrencies, hence why no UK-based bookmaker yet offers virtual currencies. Some sites based elsewhere do list many cryptocurrencies though, making it easier to join those. Crypto betting UK fans will want to read about features in our article on that topic elsewhere at Strafe.com.
Placing bets at offshore crypto bookmaker websites
Cryptocurrencies are available around the world. They’re still in their infancy too, compared to many fiat currencies, hence why the rules surrounding online betting with crypto are murky or even non-existent.
To give an example, the UK Gambling Commission doesn’t ban betting sites from offering crypto as a payment method. However, it does stipulate that anyone applying for a license must be able to prove where their crypto funds come from. Unfortunately, the nature of crypto and its associated anonymity means this is almost impossible to do.
So, we’re in a gray area that means some residents from certain countries cannot bet at licensed bookmakers. They can, however, bet at other bookmakers based in other locations. Many online sportsbooks do provide cryptocurrencies as valid deposit and withdrawal methods. You just need to find a reliable and established site that meets that purpose - and that’s what we’re going to help you with now.
The top 5 unmissable crypto bookmaker options available today
It’s time to lay out five recommended bookmakers that welcome crypto deposits and withdrawals - and we’ve got some names you may not have heard of before. See what you make of these.
1: 1xBet
This brand was founded in 2007, so it’s had time to establish itself in several countries. Much of the site is displayed in blue tones, with the occasional splash of green to highlight factors such as:
- The registration button
- The welcome offer
- Prompts to take part or make a wager
Live betting gets underway on the landing page too, so there’s no delay in keeping you up to date with the action at this crypto bookmaker. Multiple events appear under each sport, with eSports also getting plenty of action on the site. The live area also has a preview section, which would be the ideal starting point for bettors wishing to get into the in-play action.
The most popular sports appear across the main portion of the screen, but you can use the dropdown arrow to see the complete list. The A-to-Z includes top sports rubbing shoulders with less common ones such as billiards and floorball.
Unusually, the sports area - reached via the menu - provides links to allow you to bet on your national team and on big tournaments. Those links will save anyone time when searching the site for their preferred betting options.
Crypto payment potential at 1xBet
Would you believe there are 42 options listed under the payments area at 1xBet? Some relate to Tether used on a certain service, such as Ethereum or BSC. However, there is excellent representation of virtual currency payment methods at this crypto bookmaker.
2: 22Bet
Orange and blue (or pale red and green, depending on your eyesight) mark out the two 2s in the 22Bet logo, and you’ll find those same shades permeating through other areas of this site as well. While there is a casino to explore for those keen on casino games, there’s plenty to check out inside the sporting area of the site.
The homepage has dropdowns for the top championship action in your country, along with the top matches happening now. There is a live events link just below those, so it takes mere seconds to get into the action at 22Bet. Let your eye travel further down that column and you’ll reach the most popular sports list, backed up by the full A-to-Z list.
There are plenty of 3D balls to look for too - the usual ones for each sport, plus a ball displaying an odd-looking country flag to show the location of each match. Live scores always appear next to relevant matches, and if you select the +10 number (or whichever number is relevant) a panel opens to showcase all the available odds and markets for that match.
Crypto payment potential at 22Bet
There are scant payment logos on the site, but if you’re on the homepage, you’ll notice lots of information regarding other methods at this crypto bookmaker. They promote themselves as a Bitcoin sportsbook, but they confirm that they support various other cryptocurrency payment methods as well.
3: BetWinner
Could you win some bets at BetWinner? The green tones of the site, supported by a white and yellow logo, might remind you of another major brand, but BetWinner stands out on its own merits.
Aside from showing off some of the best features at this crypto bookmaker in the moving panels area at the top of the landing page, they do an excellent job of bringing you into the sporting action. The minimal menu provides you with sports logos - balls, bats, and even a shuttlecock - to guide you to where you want to be.
They’ve put plenty of details into each match page, with odds, markets, and live scores where relevant. These vary according to the sport and scoring system, but you’ll always find it simple to get the hang of what’s happening. BetWinner has proven to be a winner in terms of sharing huge amounts of info in a small space.
Crypto payment potential at BetWinner
Under the useful links area of the menu sitting at the bottom of their website, BetWinner provides players with a chance to access the payment methods page. Scrolling past a handful of regular methods brings you to a giant list of crypto options - and we do mean giant. Bitcoin starts things off, before taking you through Ethereum, Dash, Dogecoin, and many others you may not be familiar with.
4: MelBet
Why does MelBet land on our list of the best crypto betting sites to consider signing up for? Sportsbooks are known for having plenty of information to share - information that can soon become too much. Yet they’ve done well to provide a layout that takes your eye to where it needs to be, whether that’s the sports, the promotions, or the payment methods you want to know about first.
The menu populated with logos provides recommended matches to check out, but you can reach any sport from there. They’ve gone for the usual approach of giving visitors the leading sports spread across the screen, with a burger menu allowing quick access to everything else. So, even if you want to bet on something more unusual, such as pickleball or trotting (otherwise known as harness racing), you can find it in seconds.
MelBet has also made a name for itself with its focus on competitive odds across all sports and markets. If you can’t find a match you want, you can use the search function to save time. All relevant matches and markets will then appear in a popup box.
Crypto payment potential at MelBet
Did you spot the currency sign at the top of the site, near the MelBet logo? That’s the quickest path to the payment methods page. While they do have e-wallets and bank transfer services available, cryptocurrencies are by far the biggest selection to choose from at this crypto bookmaker. Chances are, if you can think of the name of a cryptocurrency, it’ll be on their list, with everything from Bitcoin to Litecoin and Ethereum available to use.
5: Megapari
Megapari caters to sports fans across the globe - it’s one of the leading sites for crypto betting India residents can try, for instance. The betting slip appears on the page when you arrive, but you can choose to put it out of sight and use the arrows to make it appear again.
Top sports appear in a strip across the site, revealing a list of current events to choose from when you focus on one. The burger icon reveals all the available sports, with an A-to-Z featuring newer sports such as padel, before taking you into another list of eSports.
A glance at the bottom of the site in search of other menu options revealed a logo marking Megapari as the Best Crypto Casino. It does, of course, welcome virtual currencies from all members, including those looking for a crypto bookmaker. It’s advisable to spend some time exploring the site before signing up, although the powerhouse that is Megapari is likely to tempt you across its threshold with no issues.
Crypto payment potential at Megapari
Heading into the payment methods area, we found 34 methods in total, with 21 of those confirmed as cryptocurrencies. You’ll be delighted to know that two pieces of information confirm Megapari as a site to consider. There are no service charges on any of their crypto methods, and all deposits are instant, enabling you to bet on your top sports without delay.
Our top rated bookmakers
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Our bonus tip: Always check for excellent customer support
It’s always crucial to find a trusted bookmaker to use when you’re eager to place bets on players, teams, and sporting events. If you make a successful pick, you’ll want your winnings without delay or hassle. Even before that stage, you want to know you can find information, answers to any questions you might have, and support whenever you need it.
Customer support is one of the most important things to look for when searching for a cryptocurrency bookmaker online. Many of them include guides on how to deposit using a virtual currency, since the process is still new for many people. They might also have other features to look for, such as:
- An FAQ area focusing on crypto questions and answers
- Live chat for members to access
- 24/7 support methods to use
- Fast responses to any queries you might have
Check online for reviews and ratings from other members too. If you do ever run into difficulties using a site, you want to know they’ll be quickly resolved.
Spot your preferred crypto bookmaker to join today
With five lesser-known yet major sites to consider joining, you’ve got plenty to think about. If you’re new to cryptocurrencies and how to buy and use them, it can seem overwhelming to start with. However, crypto has proven itself to be an excellent way to deposit and withdraw funds from many online bookmakers around the world. You can try for cash prizes at Stake.us using crypto too, so sign up there today using our exclusive bonus code, STFSOCIAL, to claim 5% rakeback to get you off to a fine start. They’ll provide some social gaming as a counterpoint to your crypto bookmaker betting efforts.
The best online bonuses
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100% up to $100
Requirements (WR): 1x Bonus, Min. Deposit: $10
Crypto bookmaker FAQ
⚽ Which cryptocurrencies do online bookmakers accept?
While Bitcoin is still the most famous cryptocurrency around today, there are many others in use throughout the online betting world. At Strafe.com, our team researches these currencies and provides information on using them at online bookmakers.
⚾ How many crypto sports betting sites are there?
You’ll find plenty of sportsbooks online that welcome crypto among the payment options. There are differences between countries though, so it’s best to check the available crypto methods you can use at any preferred online bookmaker before you sign up.
✨ Can I use a crypto betting app?
Some online bookmakers create mobile apps their members can use on Android and iOS devices, but others prefer to offer a mobile-friendly website. Before joining a crypto bookmaker, you should check to see which payment options are provided via an app if they have one.
🏀 Which sportsbooks accept Bitcoin deposits?
Bitcoin is one of the leading crypto payment methods available at online sportsbooks. It’s not available at all of them though, hence why it is an idea to research payment methods to see what’s available. You’ll then know which ones are Bitcoin friendly.
⏳ What are the withdrawal times for crypto on sportsbooks?
Bettors have many reasons to choose crypto when signing up to online sportsbooks. While it is good to see the crypto payment logos at a bookmaker, you should also check the withdrawal time for each before deciding which one to use.
