In recent years, cryptocurrency as a whole has taken a turn no one ever thought of. The insane volatility, paired with the massive volume the industry pulls, has resulted in one of the biggest communities in the world. As a by-product of the insanity, crypto betting also became a formidable industry.
So, you want to bet on crypto, right? At first, it may seem like an intimidating task. However, the reality is quite different and not nearly as complicated as you think it is. Consider this your ultimate guide to crypto betting in the USA.
We’re going to look at some of the best crypto sportsbooks, the steps to get started, the bonuses, and plenty of other things.
Crypto sports betting refers to the use of cryptocurrencies for sports betting. Online betting was illegal for the longest time in the USA due to the PASPA law. Finally, in 2018, the Supreme Court of America got rid of it, opening new doors for prospective bettors.
As for cryptocurrencies, the USA is the birthplace of the paradigm. So, the government is very friendly toward it. Putting the 2 and 2 together, we can safely say that betting with cryptocurrency is completely legal and regulated in the country. All the betting sites you see on the list are approved by the state governments and are totally safe for use.
The crypto sportsbook brands we offer are backed by our industry expertise. But what process did we follow to gather them in one place? As we believe in complete transparency, it’s only fair that we take you through the process.
1
Verifying the License
Unlicensed betting is strictly illegal in the USA. In fact, you can’t even bet on a particular site that’s licensed in one state from another state. So, the first thing we look at when ranking the crypto betting sites is the license, and only the most popular and legit brands can make it to our ranking.
2
Evaluating Sports Odds and Markets
For a bettor who’s willing to spend real money, the markets and the betting odds play the biggest roles. Different people want to bet on different sports so we must cover a wide range of markets at the longest possible odds. The reason we recommend long odds is that we want you to win more!
3
Customer Support
This is something a lot of rankings overlook. What if you face a problem when betting crypto on one of the USA crypto sports betting sites? The issue isn’t going to solve itself. So, we always look for betting sites with the most impeccable customer support features. The more channels there are, the better it is.
How to Deposit and Withdraw Crypto
To participate in crypto betting in the USA or any other country, you first need a way to deposit it. You’ll also need to withdraw winnings after you succeed with the crypto bets. So, here are the steps for deposits and withdrawals.
Getting a Crypto Wallet and Buying Tokens
step 1
No regular banking channels work for crypto betting. You need a dedicated crypto wallet for that. Thankfully, there are plenty of options on the internet. Our vote goes with the Coinbase wallet as it’s the most balanced and supports a lot of tokens. You can also buy tokens for fiat currency from Coinbase.
Depositing in Your Crypto Sportsbook Account
step 2
To deposit crypto in your sportsbook account, you’ll need the wallet address of that particular operator. If the betting site offers crypto, it’s going to list the address on the payments page. If you can’t find it, simply ask customer support. Put the address in your wallet when sending the appropriate number of crypto.
Withdrawing Crypto from Your Bookmaker Account
step 3
The last stage of the process is withdrawing your funds and winnings. This process is simply the opposite of depositing. Instead of putting the sportsbook’s wallet address into yours, you provide the operator with your address. The withdrawal request should go through seamlessly as long as the address is correct.
Do it As Much As You Want!
step 4
One of the advantages that crypto wallets have is that you can make as many transactions as you need. So if you want to deposit more into your account, you can do it!
How To Choose the Best Crypto Betting Site
As cryptocurrency impacts the betting industry, knowing how to choose the best crypto betting site is crucial. Here are key factors to consider:
License and security
step 1
Sites that meet regulatory standards and use advanced encryption technologies to protect your data and funds are the way to go.
Bonuses and promotion
step 2
Most crypto betting sites offer bonuses & conditions.
Sports variety and live betting
step 3
Choose a site with a wide range of sports and live betting options to enhance your betting experience.
Odds and market
step 4
Find a site that offers competitive odds across different markets to maximize your potential returns. Compare sites for the best odds in your preferred markets.
Top Crypto Betting Sites Table
♻️ Best Crypto Betting Site for Cashback
SportsBetting.ag
⚡️ Best Crypto Betting Site for Instant Payouts
Cloudbet
💰 Best Crypto Betting Site for Prize Draws
WildCasino.ag
☄️ Best Crypto Betting Site for High Rollers
BitStarz Casino
🤑 Best Crypto Betting Site for Cash Out
Sportsbet.io
🎮 Best Crypto Betting Site for Game Variety
7Bit
🎯 Best Crypto Betting Site for Sports Betting
SportBet.one
🎩 Best Crypto Betting Site for Live Dealers
SportsBetting.ag
💡 Best Crypto Betting Site for Innovation
Thunderpick
👀 Best No Wagering Free Bets Crypto Betting Site
BetUs Casino
Top 3 Crypto Betting Sites
Cryptocurrencies have revolutionized the betting industry, used by betting sites as the primary payment method because of their easy use and fast and secure transactions. Check the following platforms if you’re looking for the best crypto-betting sites to verify this.
Sportsbet.io
Sportsbet.io is a reputable crypto betting site, known for its extensive range of sports and events to bet on. Coupled with its user-friendly interface, it offers near-instant withdrawals and deposits thanks to its use of Bitcoin and other cryptocurrencies.
You’ll also be interested to know that back in 2020, Sportsbet.io won the AskGamblers #1 casino award. So you know that by playing on this platform, you’re getting a really good betting experience.
As it’s a renowned crypto-betting site, you can use several cryptocurrencies to wager on your favorite sports. Take a look at the list of supported currencies that you can use on Sportsbet.io.
Among these supported currencies, Bitcoin and Ethereum are the most popular. But in recent years Tether is also seen a boost in popularity because of its low price.
You’re free to use any currency of your choice. Just keep in mind that you should have a wallet linked to your account that allows you to use these currencies.
To give you a much better idea, here are some of the pros and cons of Sportsbet.io for your consideration.
Pluses
Accepts different payment methods including fiat and cryptocurrencies
7Bit is a renowned crypto-gambling site that recently expanded into sports betting. Its strengths lie in its vast array of sports events, generous bonuses, and fast withdrawals, all powered by cryptocurrencies.
The user interface is one of the best that we’ve ever seen online. The operator did an amazing job with the design of the platform which is a crucial part of the gambling experience.
It also features a fully dedicated online casino that’s full of some really good games. If you ever need to take a break from betting, you can hop on to the platform and try out some of these games.
As a crypto betting site, it accepts more than just Bitcoin. You can also use Dogecoin, Litecoin, and Ethereum to place wagers on sports. Having more than one option makes it so that you can use any method of your choosing.
When considering a betting site, it always helps if you can take a look at the pros and cons of the platform for better judgment. That’s why we went ahead and listed those for you here.
Cloudbet is widely recognized for its commitment to secure and anonymous cryptocurrency betting. With an impressive selection of sports and competitive odds, Cloudbet provides a secure platform for crypto betting enthusiasts.
The platform has been around since 2013. Having been in the industry for such a long time, the operator knows how to offer the best experience for gamblers and bettors. If reliability is a serious issue with you, you don’t need to be worried at all.
There’s also a VIP program for loyal users on Cloudbet. The service that you get from this loyalty program is one of the best in the industry.
The betting site supports more than 30 different cryptocurrencies including Bitcoin, Litecoin, Tether, Ethereum, and Bitcoin Cash. For the complete list of supported cryptocurrencies, be sure to check the terms and conditions of the platform.
One concern that you might have is regarding the transaction fees of the website. While it’s not the lowest there is, it’s certainly one of the lowest ones that you can find in the industry.
To give you a complete overview of what you can expect as a player on this website, here’s a list of the pros and cons that we’ve prepared for you.
Pluses
A complete gambling platform with a casino, sportsbook, and live casino sections
Make payments with over 30 different cryptocurrencies.
The most popular cryptocurrencies to bet on crypto gambling sites are Bitcoin, Ethereum, Tether, Binance Coin, USD Coin, XRP, SOL, TRON, Cardano, and Dogecoin. Most crypto-gambling sites support these cryptocurrencies, so you should be able to find one that accepts the cryptocurrency you want to use.
Best Crypto Betting Bonuses
Crypto betting has become increasingly popular, with several platforms offering great bonuses to attract new participants. Here are some of the best crypto betting bonuses you can find:
Welcome Bonus: Many crypto betting platforms provide a welcome bonus to encourage new users. This bonus often matches the first deposit a new user makes up to a certain amount, boosting their initial usually by 100% and even more.
Free Bet: The Free Bet bonus is a free risk bet the betting site offers. If the bet is won, the user gets the winnings, but no funds are deducted from the user's balance if it's lost.
Cashback Bonus: A Cashback bonus is a percentage of your losses the platform returns to you over a specified period. It serves as insurance, softening the blow of a losing streak.
Advantages of Using Cryptocurrency Bets
You might be wondering, why should you do cryptobetting in the first place. Well, the answer lies in the benefits cryptocurrencies bring to the table. Let’s go over them briefly.
✔ Instant Transactions
The biggest benefit of using cryptocurrencies is instant transactions. Deposits are instant anyway in the betting industry, but withdrawals are a huge bottleneck for fiat currencies. Crypto wallets, on the other hand, crypto wallets will credit the money within 3-5 minutes!
✔ Anonymity
It’s understandable why a lot of you are not comfortable sharing your bank details and other sensitive data on the internet. A crypto sports betting site will work based on your wallet address only. So you don’t risk losing sensitive information to hackers when betting with crypto.
Popular Crypto Exchanges for Betting
A crypto exchange is where you buy crypto tokens as well as exchange the ones you win into fiat money. The USA has all the major names available for regular bettors. Here are our top 3 picks in the country.
Coinbase
The most widely used crypto exchange all over the world. Remember we recommended using Coinbase as a wallet too? It’s simply because the company has designed a 360-degree experience for all crypto users. You buy the crypto, use the wallet, and exchange the crypto into fiat money in one place!
Binance
Binance is another popular name in the US as well as in surrounding countries like Canada. It’s more than an exchange. Binance has established itself as an accessory to the crypto lifestyle. You can use it for DeFi, passive earning, trading NFTs, and whatnot. Needless to say, you can pretty much buy all available crypto tokens.
eToro
Although this particular exchange doesn’t make a lot of noise, it’s one of the best options for crypto betting in the USA. It’s an excellent investment platform along with being a crypto trading platform. For your sports betting crypto needs, you can buy and sell your crypto here.
Popular Sports for Crypto Sportsbooks
Football
Football offers many events and betting markets, making it a popular choice for users. You can place wagers on match outcomes, total touchdowns, or specific player performances.
Baseball
Baseball is a sport of statistics, which makes it a heaven for data-driven punters who enjoy analyzing players and teams. You can bet on run totals, innings performance, player statistics, and predict series outcomes.
Basketball
Basketball's fast-paced nature makes it an exciting sport for live betting. You can bet on points, quarters, players' performance, and more.
The following are the most functional and well-made Betting Crypto Apps, discover which suits you more!
Sportsbet.one
This particular betting crypto site accepts currencies like Bitcoin and Ethereum, among many others. It’s undoubtedly one of the best options in the US, considering its crypto bets and odds.
Cloudbet
With a very intriguing website and a massive collection of sports and esports events, Cloudbet is one of our favorite crypto sports betting sites in the country.
BetOnline.ag
BetOnline.ag comes among some of the mainstream bookmakers in the country. You’d be glad to know that it also accepts a wide array of cryptocurrencies for betting.
Live Betting
If you can make pre-match cryptocurrency bets, there’s no reason you shouldn’t use it for live betting too. Live betting is way more enjoyable than pre-match betting as you get more markets and tighter odds. Pair it with instant withdrawals, and you get an impeccable betting experience.
Best Bookies for Crypto Betting
Cloudbet - Cash out, Live Betting, Fractional & Decimal Odds
Like many aspiring writers, Jarin focuses on bringing life to the text for her readers. She is an avid sports lover, growing up in a family obsessed with bookies. She is an expert in the iGaming niche and has secondary obsessions with Gardening and cooking.
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FAQ. Frequently Asked Questions
There is no dedicated cryptocurrency per se. You can use all major ones at online crypto betting sites.
We’ve listed the best sports betting crypto sites that accept cryptocurrency bets in the country. Just go over them.
Thanks to cryptography encryption and public blockchain, it’s completely safe to use crypto.
It depends on what state you live in. If online sports wagering is legal, then crypto betting is also legal.