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Bitcoin sports betting refers to betting on sports with crypto as compared to the regular FIAT currencies. In this type 💱 of betting, you deposit money directly from your bitcoin wallet and withdraw your earning in bitcoin. Many sportsbooks allow bitcoin 💱 as a form of payment and you can convert your deposit to FIAT.

When users top-up funds into their 1xBet sports 💱 betting user account using the money payment method and meet the deposit requirements they get a 30% cashback bonus.

Sign up 💱 on the 1xBet online sportsbook, and upon meeting the bonus deposit requirement of N400, get over 200% on the first 💱 deposit.

The 1xBet online sportsbook offers its users lots of promotional bonuses. Below is a list of the bonuses available on 💱 the 1xBet online sportsbook.

The 1xBet online sportsbook has a laudable amazing mobile online betting application, with a highly sophisticated secure 💱 sockets layer (SSL) encryption which was designed and developed to protect users' information. Users of this sportsbook, of both Apple 💱 ios and Android mobile devices, can easily download this mobile app for free and with ease. Worthy to mention is 💱 the fact that for Apple iOS mobile devices users, this app is compatible with iOS devices of 11.0 or higher, 💱 and for the Android device users of 5.0 or higher.

1xbet Is still not supported in the UK and North America

The 💱 1xBet online sportsbook was born in the year 2007 and is licensed by the Curacao government. This sportsbook offers its 💱 users a whole lot of sports betting events they can place their bets on, from golf, tennis, volleyball, handball, soccer, 💱 and more. The 1xBet online sportsbook is one of the bookmakers that now offer payments via the bitcoin cryptocurrency.

The 1XBit 💱 App is a sports betting app offering sporting events such as football, cricket, and niche sports matches. The app has 💱 intuitive navigation and easy accessibility. They also have unique features such as in-play betting, live betting, and financial betting that 💱 additionally provide an excellent experience.

1xBit is a leading crypto casino and betting site offering a list of betting markets and 💱 plenty of Bitcoin banking selections. It's renowned for its vast selection of Bitcoin casino games, from online slot machines to 💱 live games. It is also a multi-language sportsbook with websites and customer support in various languages.

The 22Bet online sportsbook offers 💱 its users an opportunity to select sport betting events on a huge list of accumulators.

New users of the 22Bet online 💱 sportsbook stand a chance to get a whopping NGN 50,000 in bonus when they completely register on the 22Bet sportsbook.

New 💱 bettors who sign-up on the 22Bet online sportsbook are given a welcome bonus of 1500 KES when they meet the 💱 deposit requirements.

The mobile application of the 22Bet online sportsbook is one of the most articulate and well-designed online sports betting 💱 mobile applications out there. This sportsbook shares a unique experience from the comfort of anywhere you are and from the 💱 palm of your hands. The 22Bet online sportsbook has made the mobile app, exclusive to Apple iOS and Android mobile 💱 gizmos and devices. Users can access a whole lot of sports betting opportunities using the 22Bet mobile app.

The 22Bet online 💱 sportsbook is one of Kenya’s big names when it comes to online sports betting in Kenya. This sportsbook has full 💱 regulation and licensing from the Betting Control and Licensing Board of Kenya. This sportsbook offers its users lots of sports 💱 betting opportunities. Bettors can place wagers on a huge list of sports betting events on the 22Bet online sportsbook.

The Sportsbet.io 💱 online sportsbook has loads of payment methods that users can use to make deposits and withdrawals.

Staunch users of the Sportsbet.io 💱 online sportsbook are given an opportunity in this special reward bonus to get a free bet worth over 25 mBTC 💱 when they meet the bonus requirements.

Users can earn free bets, free hands, and lots of cash bonuses, and have unlimited 💱 access to loads of promotions when they are eligible.

There are a handful of promotional bonus offers on the Sportsbet.io online 💱 and they are;

The sportsbet.io has worked very hard in providing a well built and designed mobile application, which is meant 💱 to offer users a captivating online betting experience. Users can access a huge list of sports betting opportunities such as 💱 placing bets on both live games and incoming games, loads of bonuses, great odds, large betting markets, and quick access 💱 to the customer support team.

Sportsbet.io was birthed in 2024, to meet up the online sports betting demands of users of 💱 this sportsbook. The sportsbook io online sportsbook is a Bitcoin online sportsbook that offers bettors excellent online sports betting and 💱 gaming experience, with loads of sports betting markets, line betting sports events, and a very responsive customer support team.

The staunch 💱 users of the Cloudbet Nigeria online sports can earn rewards, based on their loyalty to this sportsbook. In this loyalty 💱 program, there are various loyalty stages for bettors to attain to grab points namely, bronze, silver, gold, emerald, sapphire, and 💱 ruby.

New users of this sportsbook are given a welcome bonus of 5 BTC or its equivalent in any other cryptocurrency.

There 💱 is no mobile app for the Cloudbet Nigeria online sportsbook, as such there is nothing to download and install. This 💱 sportsbook in the absence of a traditional mobile application has developed an amazing user-friendly onsite mobile web app accessible to 💱 iOS and Android phone users.

Cloudbet Nigeria is an all crypto-based online sports betting service provider, amazing right? To sign-up on 💱 this sportsbook doesn't require any set technical skill or training, of course, you must certainly know how to surf the 💱 internet. New users can easily join the Cloudbet Nigeria bandwagon to enjoy a mind-blowing betting experience, as long as such 💱 a user has attained the legally required betting age of 18 years plus.

Operating under a Curacao Gambling license, BC.Game provides 💱 a secure and legitimate online gaming experience. It offers an impressive selection of slots and live games, along with swift 💱 deposit and withdrawal processes that make gaming seamless and enjoyable.

BC.Game has carved a niche for itself in the rapidly growing 💱 world of crypto casinos, earning rave reviews for its wide array of gaming options. What sets BC.Game apart is its 💱 focus on crypto betting, offering players the chance to wager with one of the most popular cryptocurrencies in the world, 💱 such as Bitcoin.

Bc.Game Welcome Bonus: Sign up & Get up toR$220,000 Bonus on your First Four Deposits

What Is Bitcoin Sports 💱 Betting?

Before you start using bitcoin for betting, it is crucial to understand the benefits of using bitcoin for betting on 💱 sports. Many users love this method because it is anonymous when depositing money to your preferred sportsbook.

They don’t get your 💱 personal details and this is great for those people who would love to stay anonymous when gambling online. Other benefits 💱 of using bitcoin for sports betting include:

Crypto Gambling

One of the major advantages of using bitcoin for betting on sports is 💱 the fast turnaround time. It takes just a few seconds to withdraw or deposit money on bitcoin. Therefore, you don’t 💱 have to wait for the money to reflect in your account to start betting.

How to use cryptocurrency at sportsbooks

Bitcoin Betting 💱 Websites

Dealing with credit cards can be unreliable because at times they can be denied. Using bitcoin is a reliable method 💱 because you don’t need an intermediary. Additionally, no verification is needed. This makes it a reliable currency to use.

Bitcoin Support

Using 💱 bitcoin for sports betting is great because the limits are higher compared to the alternative methods. They have deposit and 💱 withdrawal restrictions and this might not meet your requirements especially if you want to bet using a huge sum of 💱 money.

Safety

Like other cryptocurrencies, bitcoin prices fluctuate throughout the day. However, many bitcoin betting sites eliminate this stress or by converting 💱 bitcoins to UDS after you deposit. When placing your bets, you don’t have to worry about the conversion or the 💱 worth of the bitcoin.

Fast withdrawals

Some bookmakers can provide specific bonuses for bettors who are using bitcoin. Bettors enjoy rewards and 💱 bonuses when using bitcoin betting. They are given welcome bonuses on fir time deposits and other promotions that don’t come 💱 with other payment methods. It is essential to check the terms and conditions associated with such bonuses if they exist.

License

Security 💱 in sports betting should be your priority irrespective of the payment method. Bitcoin provides higher levels of security because it 💱 is hard to crack or hack, unlike other payment methods.

Game selection

Bitcoin sports betting provides bettors with many markets. You can 💱 access all international markets, which you can do when betting on regular sportsbooks.

Odds

Sports betting is a lucrative online activity that 💱 is fun and can lead to big winnings. Many online sportsbooks accept bitcoin deposits and withdrawals. Using bitcoin for sports 💱 betting is similar to using the standard methods but it has other extra benefits.

While you have plenty of sports markets 💱 to choose from, the odds are also great. Bitcoin sports betting provides different odds compared to moneyline odds, fractional odds, 💱 decimal odds, and American odds.

Many sportsbooks also provide incentives and bonuses for bettors using bitcoin for deposits or withdrawals. They 💱 provide generous welcome bonuses and other bonuses on deposits to reward loyal and current bettors.

Support

There are many claims that bitcoin 💱 payments are anonymous. However, they are not 100% anonymous because only your identity remains anonymous. Every transaction you do is 💱 kept on a network, so people can view it publicly.

When it comes to taxes and regulation, bitcoin is mainly unregulated. 💱 For instance, in the UK, the government treats it as a foreign currency. Therefore, if you exchange bitcoin for pounds, 💱 no VAT is required. However, the profits and losses you make are subjected to capital gains tax.

Mobile compatibility

Many bitcoin betting 💱 sites provide mobile bitcoin gambling to create a memorable betting experience for bettors. The best bitcoin sportsbook apps are responsive, 💱 provide fast loading and they offer the same functionalities provided by the desktop version.

In addition, the mobile apps are sleek, 💱 and they make it simple to deposit or withdraw money using bitcoin. One of the best sportsbooks that provides a 💱 functional mobile app is Sportsbet.io.

Why Use Bitcoin For Betting On Sports?

Bitcoin betting has many advantages compared to other deposit methods. 💱 Customers enjoy fast deposits and withdrawals, generous bonuses, and promotions. In addition, the odds are competitive and you have a 💱 variety of betting markets to choose from.

Making bitcoin deposits is easy. First, you need to have a bitcoin wallet and 💱 then purchase bitcoins to fund your account. You can also process your bitcoin withdrawals first. Before you head over to 💱 the withdrawal page, you should get a bitcoin address.

The withdrawals vary in processing time and based on the sportsbook. Funds 💱 reflect in your bitcoin wallet immediately after processing. You can choose to transfer the money to your bank account or 💱 spend it online. PayPal and Neteller are the only services that are close to Bitcoin. This is because they provide 💱 instantaneous deposits and their withdrawals are also almost the same.

If you want other alternative payment methods to bitcoin, there are 💱 different options that you can find. The following are the most common modes of payment options, especially for UK betting 💱 sites.

Bitcoin Sports Betting Guide

Fast Deposits and Withdrawal Times

A Reliable Currency

If you are looking forward 💱 to getting started on bitcoin betting site, you need to set up your account and load it with bitcoin. Here 💱 are some steps to help you get started.

Sky-High Limits

The first thing you need to have is a bitcoin wallet. You 💱 can get either a software wallet or a hardware wallet. The most popular digital wallets you can choose include:

Protection from 💱 Price Volatility

After creating the account, you get a unique wallet code. You can also choose to start with eToro, which 💱 is an exchange that offers fewer fees for selling and buying bitcoin.

Crypto-Specific Rewards and Bitcoin Bonuses

After creating your bitcoin wallet, 💱 convert your money into bitcoin. You can do this by using Luno, Coinbase, Gemini, and Kraken among other cryptocurrency exchanges. 💱 Put your banking details and the ideal currency you want to convert (Bitcoin) and then click convert. Fill in your 💱 bitcoin wallet key and the funds go straight to your crypto wallet.

Higher Security

Choose your ideal bitcoin betting site and create 💱 an account. You will find a short registration form where you need to fill in your details like your name, 💱 date of birth, email, and create a password.

Many Markets

After creating an account, the betting site sends a confirmation message to 💱 your email. Depending on the betting site you selected, you can be asked to provide additional information like your bank 💱 statement copy and your social security number.

Other benefits

It is dependable;

Provides higher limits;

Making deposits is simple;

How Does Betting With Bitcoin Work

Many 💱 sportsbooks that allow crypto gambling provide different sports that you can bet on with bitcoin. Some of these sports include:

Identity 💱 Protection and Taxes with Bitcoin Gambling

Additionally, you can also place different types of bets like teasers, moneylines, totals, props, parlays, 💱 futures, and point spreads.

Mobile Bitcoin Gambling

Like other types of betting, bitcoin also provides a live betting experience. Many bitcoin sportsbooks 💱 provide in-play betting markets to provide convenient betting. You can place your bet when the game is live as compared 💱 to placing your before the game begins. Alternatively, you can choose to bet on both. This gives you a fun 💱 way to place your bets. You can select any of the bookmakers we have covered above and enjoy bitcoin live 💱 betting.

How Do Other Betting Site Deposit Methods Compare To Bitcoin

Bitcoin is one of the most commonly used cryptocurrencies. Many bookies 💱 have introduced this method of payment in sports gambling. There are many benefits that bettors enjoy when using bitcoin for 💱 sports betting. Making deposits and withdrawing your winnings is easy, and that is why many punters prefer using cryptocurrency. I 💱 hope the information provided in this guide will help you select the most recommended bitcoin betting sites.

Payment Method Fees Min 💱 Deposit Min Withdrawal Debit Card 0% £5 £5 Paypal 0% £10 £10 Neteller 1.9-4.95% £5 £5 Skrill £4.75 withdrawal fee 💱 £10 £5 Apple Pay 0% £5 £5 Bank Transfer 0% £10 £10

How to Sign Up At A BTC Sportsbook

If you 💱 are looking forward to getting started on bitcoin betting site, you need to set up your account and load it 💱 with bitcoin. Here are some steps to help you get started.

Step 1: Have a Bitcoin Wallet

The first thing you need 💱 to have is a bitcoin wallet. You can get either a software wallet or a hardware wallet. The most popular 💱 digital wallets you can choose include:

Coinbase;

Exodus;

Atomic Wallet;

For hardware wallets, you can choose the following;

KeepKey;

Ledger Nano X;

Trezor One;

Trezor Model T;

After creating 💱 the account, you get a unique wallet code. You can also choose to start with eToro, which is an exchange 💱 that offers fewer fees for selling and buying bitcoin.

Step 2: Currency Conversion

After creating your bitcoin wallet, convert your money into 💱 bitcoin. You can do this by using Luno, Coinbase, Gemini, and Kraken among other cryptocurrency exchanges. Put your banking details 💱 and the ideal currency you want to convert (Bitcoin) and then click convert. Fill in your bitcoin wallet key and 💱 the funds go straight to your crypto wallet.

Step 3: Register your Account

Choose your ideal bitcoin betting site and create an 💱 account. You will find a short registration form where you need to fill in your details like your name, date 💱 of birth, email, and create a password.

Step 4: Account Verification

After creating an account, the betting site sends a confirmation message 💱 to your email. Depending on the betting site you selected, you can be asked to provide additional information like your 💱 bank statement copy and your social security number.

What Sports Can I Bet On With Bitcoin

Many sportsbooks that allow crypto gambling 💱 provide different sports that you can bet on with bitcoin. Some of these sports include:

Football;

Hockey;

Snooker;

Golf;

Darts;

Cricket;

Tennis;

Baseball;

Motorsports;

Fighting sports;

US sports.

Additionally, you can also 💱 place different types of bets like teasers, moneylines, totals, props, parlays, futures, and point spreads.

Bitcoin Live Betting Experience

Like other types 💱 of betting, bitcoin also provides a live betting experience. Many bitcoin sportsbooks provide in-play betting markets to provide convenient betting. 💱 You can place your bet when the game is live as compared to placing your before the game begins. Alternatively, 💱 you can choose to bet on both. This gives you a fun way to place your bets. You can select 💱 any of the bookmakers we have covered above and enjoy bitcoin live betting.

Conclusion

Bitcoin is one of the most commonly used 💱 cryptocurrencies. Many bookies have introduced this method of payment in sports gambling. There are many benefits that bettors enjoy when 💱 using bitcoin for sports betting. Making deposits and withdrawing your winnings is easy, and that is why many punters prefer 💱 using cryptocurrency. I hope the information provided in this guide will help you select the most recommended bitcoin betting sites.

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