Best Crypto Betting Sites in the Philippines

Last update at 29 December, 2022

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.

List of Best Crypto Betting Sites in the Philippines

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The Universal Guide To Crypto Betting In Philippines

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 Philippines

crypto betting sites

We’re going to look at some of the best crypto sportsbooks, the steps to get started, the bonuses, and plenty of other things.

Is Crypto Betting Legal in the Philippines?

Sports betting is completely legal in the country. Residents are able to place legal bets at Philippines land-base bookmakers or at overseas licensed sportsbooks according to their own preferences.

Cryptocurrencies are also legal in all the states, and even thought, the Philippine Amusement and Gaming Corporation does not officially regulate crypto usage in betting, offshore operators that accept players from the Philippines and offer this payment method are a good option for you. The Philippines law allows you to play at online crypto betting sites and casinos based outside the country.

🌍 CountryPhilippines
👌 LanguagePhilippine, English
💶 CurrencyPhilippine peso
⚽ ️Popular SportsFootball, Skii, Volleyball, Athletics, Handball
⚖️ Is Betting Legal?Yes, but with restrictions|
🕵️‍♂️ Gaming RegulatorPhilippine Amusement and Gaming Corporation (PAGCOR)
📃 Gambling Tax20% after exceeding PHP 10,001
💳 Popular Payment MethodsBTC, ETH, DOGE, USDT, XRP, ADA, BNB

How We Rate Sportsbooks

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 Philippines. 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 Philippines 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 Philippines 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!

Top Crypto Betting Sites Table

♻️ Best Crypto Betting Site for CashbackSportsBetting.ag
⚡️ Best Crypto Betting Site for Instant PayoutsCloudbet
💰 Best Crypto Betting Site for Prize DrawsWildCasino.ag
☄️ Best Crypto Betting Site for High RollersBitStarz Casino
🤑 Best Crypto Betting Site for Cash OutSportsbet.io
🎮 Best Crypto Betting Site for Game Variety7Bit
🎯 Best Crypto Betting Site for Sports BettingSportBet.one
🎩 Best Crypto Betting Site for Live DealersSportsBetting.ag
💡 Best Crypto Betting Site for InnovationThunderpick
👀 Best No Wagering Free Bets Crypto Betting SiteLooselines.ag

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 Philippines has all the major names available for regular bettors. Here are our top 3 picks in the country.

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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!
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Binance

Binance is another popular name in the Philippines. 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 Philippines. 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

Most popular sports for betting in the Philippines
⚽️ Football🟢 Great Popularity
🥇 Boxing🟢 Great Popularity
🏀 Baketball🟢 Great Popularity
🎿 Skii🟢 Great Popularity
🎾 Tennis🟢 Great Popularity
🏐 Volleyball🟢 Great Popularity
🎱 Billiards🟢 Great Popularity
🏒 Ice hockey🟡 Medium

Top 3 Betting Crypto Apps

The following are the most functional and well-made Betting Crypto Apps, discover which suits you more!

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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 Philippines, 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.

Popular Sports for Crypto Sportsbooks

  • 1Cloudbet - Cash out, Live Betting, Fractional & Decimal Odds
  • 2Betonline.ag - Cash out, Live Betting, American, Decimal & Fractional Odds
  • 3Sportsbet.io - Cashback, Promotions, Several Crypto Payment Alternatives
  • 4SportBet.one - Cash Out, Cashback, Average Odds (Fractional, American and Decimal Formats)
  • 5Looselines - Cash Out, Cashback, Live Betting
  • 6Sportsbetting.ag - Cash Out, Cashback, Live Betting, Multi-Format Odds
  • 7Thunderpick - Good UI, Cash Out, Live Betting
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