Bitcoin betting sites offer odds and market coverage that are just as competitive as traditional bookmakers. So what’s the big deal?
Well, crypto sportsbooks are streets ahead when it comes to security, banking fees, privacy, and fast payouts. We’ll take a look at all of this in more detail as well as giving you the lowdown on some not-to-be-missed promos.
4 of the Best Bitcoin Sports Betting Sites Reviewed
Ready to start your Bitcoin betting journey? We’ve reviewed four of the best sites help you start betting with Bitcoin and other cryptocurrencies on the biggest sports events.
Coin Casino – The Top Bitcoin Betting Website for Parlays
- Founded: 2017
- License Verified: ✅
- Payout Speed: Up to 24 hours
- Coins Accepted: USDT, BTC, ETH, CHP, MATIC, BNB
Coin Casino’s sports betting odds feel competitive compared with the likes of Bet Panda and Instant Sports.
It’s great to see a wealth of pre-game and in-play odds available, with most events offering plenty of team and player prop bets alongside their “main” markets covering traditional bet types like the moneyline and the point spread.
At the time of writing, Coin Casino’s online sportsbook supports Bitcoin betting on 45 sports. This includes multiple Esports options, including eTennis, eHorse Racing and eSoccer.
One of our favourite tools for betting on sports with Coin Casino is its “Hot Combos” functionality. If you bet on parlays, this list showcases the most popular bets of the day, making it easy to bundle them into one parlay and receive a “Comboboost” on top.
When it comes to rewarding first-time sports bettors, sign-up bonuses are somewhat limited at Coin Casino, with a distinct focus on its casino games for welcome offers. However, if you’re a parlay crypto bettor, you can get odds boosts of up to 40% on the biggest multi-leg parlays.
There’s very few Bitcoin sports betting sites like Coin Casino. It doesn’t accept fiat currency transactions, requiring you to deposit and withdraw in one of six different cryptocurrencies.
It is a slick user interface, with a conventional left-hand navigation menu to help you get around. For even faster navigation, you can click the sport icons in the top navigation bar to visit specific markets.
Pros
- “Hot Combos” tool is great for value parlays
- Contemporary site design offers slick user experience
- Huge choice of soccer markets for BTC betting
- Backed by a well-established brand
Cons
- Limited on the welcome bonus front
- No native mobile app available
Our Verdict
There’s no better place to start sports betting with crypto on parlays than with Coin Casino. With odds boosts on their “Hot Combos” as well as your own multi-leg betslips, you can get more bang for your buck. It’s also a great site for soccer bettors with well over 700 soccer matches listed with pre-game odds at the time of writing.
Although it doesn’t offer much in the way of rewards for signing up, its competitive pre-game and live odds can improve your bottom line long term.
Bet Panda – The Best Crypto Sportsbook for Altcoins
- Founded: 2023
- License Verified: ✅
- Payout Speed: 0-12 hours
- Coins Accepted: BTC, ETH, USDT, USDC, LTC, XRP, TRON, DOGE, BNB, SHIB
Like Coin Casino, Bet Panda also covers 45 different sports with their betting markets. All of which indicates that both brands share the same provider when it comes to their underlying bitcoin sportsbooks platform.
We compared the available odds at Coin Casino and Bet Panda, and quickly ascertained that Bet Panda appears to get the same pre-game and live odds feeds as Coin Casino. This means both sites are just as competitive when it comes to their juice.
In our opinion, the Bet Panda site feels even easier to navigate than Coin Casino. This brand removed its left-hand navigation menu altogether, so moving from one sport to another requires you to click the correct icon at the top of the page.
Like Coin Casino, Bet Panda also offers the “Hot Combos” tool for parlay bettors. There’s also an intriguing “Bets Feed”, which lists all of the latest bets placed by Bet Panda users.
When it comes to rewarding Bet Panda customers, the bulk of its promotions are geared towards its casino players. However, with Bet Panda, you can unlock a free bet every Monday based on your net losses during the previous week. The bigger the net loss, the bigger the free bet.
As you can see in the bottom right corner of the Bet Panda homepage, there are ten supported cryptocurrencies. These range from the best-established coins like Bitcoin and Ethereum to emerging altcoins like Dogecoin and Shiba Inu.
Pros
- Clever free bet promotion linked to weekly net losses
- Highly competitive pre-game and live odds
- Intuitive user interface that’s mobile-friendly
- Embraces 10 cryptocurrencies for deposits
Cons
- No native mobile app offered
- Limited FAQs section
Our Verdict
Overall, Bet Panda offers another great crypto sports betting experience, with even more altcoins supported for deposits and withdrawals than Coin Casino.
If you’re someone who owns and trades altcoins, this could be the ideal place to wager them on your favourite sports events. It does have a limited FAQ section, but a 24/7 live chat service should allay any fears over trust and integrity.
The addition of weekly free bets based on your net losses of the previous week feels like a great way to keep bettors around for longer.
Instant Sports – Top Bitcoin Sportsbooks for Live Streamed Events
- Founded: 2024
- License Verified: ✅
- Payout Speed: 0-12 hours
- Coins Accepted: BTC, BCH, LTC, ADA, ETH, USDT
If you’re looking for the biggest choice of sports to bet on with cryptocurrency, Instant Sports should be your first port of call. It has no fewer than 50 sports covered.
There’s even multiple Esports events listed within their own tab too. We took the time to compare Instant Sports’ pre-game and live odds with Bet Panda and Coin Casino. Once again, we were pleased to see that it offers identical odds to both operators.
One of the best features of Instant Sports is its wealth of live streams. Instant Sports seems to have significantly more sports events available to live stream on any device.
This can be hugely beneficial if you like to place live bets with your cryptocurrency and don’t want to rely solely on the in-play statistics. The ‘Top Match’ and ‘Top Outright’ widgets are also useful for getting the latest odds on the most popular events and leagues.
Despite the lack of a dedicated welcome offer for sportsbook customers, Instant Sports does have a trio of bonuses and prizes to play for. There’s a free-to-play football result predictor game and a chance to get odds boosts on your parlays.
Although Instant Sports is one of the best sites to bet on sports with Bitcoin, it also offers the flexibility of depositing and withdrawing fiat currency via debit cards and e-wallets too.
With this crypto sportsbook, you get the best of both worlds which can be useful if you plan to switch between betting with cryptocurrency and CA$.
Pros
- Great coverage of in-play events via live stream
- Supports multiple cryptocurrencies for betting
- Multiple crypto sportsbook promotions
- Biggest choice of sports to bet on with crypto
Cons
- Basic user interface
- No welcome offer for sportsbook users
Our Verdict
We’re big fans of Instant Sports. We enjoy their huge choice of sports available to bet on with Bitcoin and other cryptocurrencies. Their live streams of all kinds of in-play sports events makes live Bitcoin betting a breeze.
Despite the lack of sign-up offers aimed at their sportsbook customers, Instant Sports does have multiple promotions and games for you to enter throughout the year. You’re well set for crypto-friendly sports betting and casino gaming if you choose Instant Sports.
BC.Game – The Best Crypto-Friendly Sportsbook for Welcome Offers
- Founded: 2017
- License Verified: ✅
- Payout Speed: 0-6 hours
- Coins Accepted: BTC, BCH, LTC, ETH, XRP, USDT, DOGE, BNB, TRON, ADA, DASH, BC Token
BC.Game is a feature-laden crypto sportsbook. It’s one of the most community-focused crypto betting sites, with global and regional chat rooms open for users to discuss the biggest sports games and wagers with others on-site.
The site also has its own cryptocurrency, BC Token, which can be used to wager across the BC.Game ecosystem.
BC.Game doesn’t quite compete with Instant Sports’ 50+ sports available to bet on, although it’s not far off. At the time of writing, we counted 45 different sports to bet on.
This includes an impressive 27 different Esports to bet on too. BC.Game compares favourably with the other trio of Bitcoin sports betting sites listed on this page.
BC.Game is exclusively a crypto sportsbook, with the opportunity to deposit and wager using multiple cryptocurrencies. It’s worth noting that BC.Game charges a withdrawal fee whenever you want to recoup some of your crypto winnings.
This is set at 0.1% of the value of your withdrawal. BC.Game also has a specific welcome bonus for crypto sports bettors, alongside its casino-specific sign-up offer. You can also take advantage of rewards within BC.Game’s VIP Club too.
BC.Game boasts the most modern user interface of all four crypto-friendly betting sites reviewed in depth.
Pros
- Sportsbook-specific welcome bonus
- Ideal for BTC betting and other cryptocurrencies
- Platform has its own BC crypto token
- Slick user experience on any device
Cons
- Limited live streams compared with Instant Sports
- VIP bonus restricted to high tier players
Our Verdict
BC.Game is one of the most well-rounded crypto betting platforms for sports fans. With a huge choice of sports to bet on pre-game or live and a good choice of cryptocurrencies – including a native BC token – it compares favourably against any state-licensed sportsbook.
Although its live streaming coverage is a step down from Instant Casino, there’s heaps to help you with your sports betting picks, including a blog section featuring betting insights and tips on upcoming games. We’re big fans of BC.Game!
Visiting a Bitcoin sports betting site is a perfectly legal pastime in Canada. As it stands, there’s no specific federal legislation surrounding gambling with cryptocurrencies online. This means you’re free to wager at whichever crypto sportsbook suits you best.
The bulk of the leading crypto sportsbook options are licensed and regulated by offshore authorities. Even though Canada hasn’t yet taken to regulating crypto sports betting sites, it’s still heartening to see that very few sportsbooks that accept crypto assets are now unlicensed.
How Does Crypto Sports Betting Work?
Crypto settings sites a fusion of betting on your favourite sports with the convenience of using the cryptocurrencies stored within your crypto wallet. There’s no need to use CA$ from a conventional bank account or e-wallet. Here’s how a crypto sportsbook typically operates:
- Deposit your crypto – It all starts with transferring your cryptocurrency to bet with. Your chosen crypto sportsbook will give you a unique wallet address to send your funds to from your private wallet. This transaction takes the same time to clear as any other blockchain-based crypto transaction.
- Your account balance is credited – Once the deposit is confirmed, the funds will be credited to your balance. In most cases, your account balance will display the original crypto denomination. For instance, if you deposited using Bitcoin, your available balance will be displayed in BTC.
- Place bets in CA$ – Although your account balance will be shown in your crypto denomination, your bets will usually be displayed in CA$. This is designed to simplify your understanding of the odds and stakes, without having to factor in the volatility of crypto prices.
- Withdraw winnings back to your crypto wallet – If you wish to withdraw any of your crypto winnings back to your crypto wallet, just send them back to your wallet’s private address. The transaction will clear as quickly as your deposit – refreshing, hey?
- Enjoy the benefits of anonymity and transaction speed – It’s not just exceptional transaction speeds that make a crypto sportsbook so popular; it’s the privacy too. With no need for banks or middlemen, your sensitive details are shielded, while your wallet address is anonymous on the blockchain too.
How to Choose a Crypto Sportsbook
What separates the best crypto betting operators from the shady ones you shouldn’t touch with a ten-foot pole? Below, we’ll discuss the seven factors we look for in a legitimate crypto betting operator.
Safety and Security
Rule number one: make sure you’re visiting a crypto sportsbook which has a valid Secure Socket Layer (SSL) certificate. If they do, this means your connection to their site is fully encrypted, shielding your personal data from potential hackers.
Secondly, make sure your chosen crypto betting site separates its operating funds from its customers’ funds. This is a prerequisite, since the last thing you want is your crypto being lost in the event of the platform ceasing trading.
Betting Markets & Odds
Even when you’re betting on sports with crypto instead of CA$, you’ll want the best choice of betting markets across the sports you like to wager on. This means pre-game and live betting markets too. Ideally, you’ll be spoilt for choice with team and player prop bet types, as well as the conventional moneylines and point spreads.
You’ll also want to ensure you’re getting fair value for your odds too. We’ve done the research above to compare the pre-game and live odds of four of the leading Bitcoin sports betting sites so you don’t have to!
Bonuses and Promotions
When you’re betting with Bitcoin or any other cryptocurrency, you don’t just want to get value odds but you want to feel like a valued customer too. This involves finding crypto betting platforms that have competitive welcome offers to incentivise you for signing up.
It goes deeper than that too. You should choose the top Bitcoin-friendly sportsbooks bonus for existing customers too, with reload offers and free bets which keep you engaged for the long haul.
Mobile Compatibility
If you’re someone that’s always on the move, accessibility to your chosen crypto sportsbook is vital too. Pick crypto sports books which only commit to fully responsive betting platforms, compatible with any browser, be it desktop or mobile-based. This means you can bet on the go even if they don’t offer a native mobile app.
Live Betting Features
If you prefer the dynamic nature of live betting to pre-game betting in Canada, you’ll need a crypto sportsbook with powerful live betting tools. This includes engaging real-time data on games as they unfold, which can be useful for data-driven sports bettors.
It’s also beneficial if your chosen crypto betting brands live stream many of the biggest events you bet on. This allows you to place wagers based on what you see with your own eyes. It’s invaluable if you’re an expert in your sport and can spot in-game patterns or momentum.
Banking Options
As we’re talking about sports betting with Bitcoin and other cryptocurrencies, your chosen crypto sportsbook will also need to support the cryptoassets you plan to bet with. In most cases, your bets will be priced in CA$ but you’ll deposit funds and withdraw winnings in your preferred cryptocurrency. The account balance will also be displayed in your denominated cryptoasset.
User Experience
The top Bitcoin sports betting sites make it a breeze to navigate from market to market. Pick crypto betting operators which have simple and intuitive user interfaces. This is imperative when you’re live betting on sport since you’ll need to find the right market and odds for your betslip as quickly as possible before the price shifts in real time.
Sports to Bet on at Crypto Sportsbooks
Which sports do the top cryptocurrency sports betting operators routinely cover online? Below, we’ll explain the most common sports and events available for Bitcoin betting, Ethereum betting and other cryptoassets in Canada.
Best Bitcoin Sports Betting Sites Compared
How do the leading crypto-friendly online sportsbooks compare against one another when it comes to their vital statistics? Get an instant comparison of their platforms below:
| Brand | Sports Covered | Number of Coins Accepted | Payout Speed |
| Coin Casino | 45 | 6 | 0-24 hours |
| Bet Panda | 45 | 10 | 0-12 hours |
| Instant Sports | 50 | 6 | 0-12 hours |
| BC.Game | 45 | 12 | 0-6 hours |
| Cryptorino | 47 | 11 | 0-6 hours |
Bitcoin Sports Betting Bonuses
Looking to get maximum bang for your crypto buck? Many of the best Bitcoin-friendly sportsbooks offer a variety of promotions, both for new and existing bettors. Below we’ll explore what to expect in the way of a welcome as a first-time customer and later as a valued ongoing bettor.
Welcome Bonus
No crypto sportsbook is worth its salt without offering some kind of reward for signing up. Welcome sports betting bonuses come in many shapes and sizes, but they are mostly dished out in the form of deposit match bonuses.
This requires you to make a crypto deposit of your own upfront and the sportsbook will commit to matching a percentage of it in bonus credits. These credits can be used from your bonus balance but can’t be withdrawn to your crypto wallet until wagering requirements are cleared.
Free Bets
What’s better than BTC betting on sports? Free BTC betting on sports! That’s right, some welcome promotions may offer free bet credits after verifying your new account. They may have some limitations attached, such as minimum odds and an expiry date by which the bet credits must be wagered.
In most cases, you’ll only receive the winnings from the free bet. The stake will not be returned to your crypto sportsbook balance.
Risk-Free Bet
An alternative to free bet credits is a risk-free bet. This means you can place a sports bet with your cryptocurrency – either pre-game or in-play – and, if it loses, you’ll receive your stake back.
In some cases, you’ll be refunded in crypto. Alternatively, you may be refunded in free bet credits, giving you a second bite at the cherry.
Parlay Insurance
Do you like to live dangerously and attempt to land life-changing payouts with parlay bets? If parlay betting with BTC and other leading cryptocurrencies is your bag, you may want to look for a crypto sportsbook which offers parlay insurance.
This insurance refunds your initial stake if only one leg of your parlay lets you down. It’s a nice benefit which will help you get over narrowly missing out on a large parlay win. The refund will either be credited as withdrawable crypto or as free bet credits.
Odds Boost
Before the biggest sporting events in the weekly calendar, most crypto sports betting sites will offer odds boosts on certain betting markets. The crypto sports books will look to tempt you into backing team or player prop bets at higher-than-usual odds.
In some cases, the odds are just boosted to their true probability and therefore don’t offer much value. However, there’s some golden odds boosts to be found out there with a little perseverance.
Loyalty Rewards
It’s also great to find a Bitcoin sportsbook which offers a legitimate VIP program. These schemes are designed to incentivise regular bettors to stick around and earn rewards points which can be redeemed for all kinds of bonuses and prizes.
Whether it’s free bets or tickets to huge upcoming live sports events, Bitcoin sports betting sites which say “thank you” for your custom are worth their weight in gold.
Best Crypto Sportsbooks by Sport
Looking for a crypto-focused online sportsbook which specialises in your favourite sports to bet on? Here’s four suggestions for those who like betting on American football, hockey, basketball and Esports:
With a Bet Panda account, you’ll be able to place bets on individual NFL matches as well as the NFL outright markets covering the regular season and postseason run to the Super Bowl. You’ll also get the chance to bet on the next NFL Draft, which is an opportunity to use your knowledge of college football to try and land winners. Speaking of college football, you can also wager on the NCAAF season at Bet Panda too!
We hand-picked Instant Sports as the leading crypto-friendly sportsbook for NHL betting since it was listed prominently on its left-hand navigation menu. The site offers extensive coverage of the NHL season, with the chance to bet on specific matches or take the outright markets and attempt to back the next winner of the Stanley Cup. You’ve got a choice of 62 bet types when betting on specific NHL matches.
There’s NBA betting markets galore at Coin Casino. You can bet on individual NBA games, with 85 different bet types available, including 20 different player props. You can find multiple NBA outright markets too. The outright markets allow you to wager on the winner of the Eastern or Western Conference, the next regular season MVP or the next winner of the NBA Championship.
With 27 different Esports ready to bet on, BC.Game stands out as the market leader for crypto-friendly Esports betting online. Best of all, you can live stream heaps of Esports events via the BC.Game platform, allowing you to bet with your eyes in-play too. Its most popular Esports available to bet on include Counter-Strike: GO, NBA 2K and League of Legends.
Bitcoin Sports Betting Sites Roundup
There’s never been a better time to start betting on your favourite sports with cryptocurrency. You’re guaranteed an industry leading sportsbook experience with crypto-friendly sites which prioritise bettor safety and security, as well as competitive pre-game and live odds.
Look for operators which are prepared to reward your loyalty with sign-up and reload offers, as well as those which commit to the biggest choice of sports betting markets.