Best Bitcoin Esports Betting Sites
How to bet on esports with Bitcoin?
We've compared all the very best esports betting sites that allow deposits and withdrawals with cryptocurrencies.
We've compared all the very best esports betting sites that allow deposits and withdrawals with cryptocurrencies.
Updated on: 2/16/2024
Best Bitcoin Betting Sites
| Get up to є500 deposit bonus New customers only. 18+ T&Cs apply. begambleaware.org. | Visit Now Thunderpick Review | ||
| Up to €1000 on Deposit & €100 Free Bet New customers only. 18+ T&Cs apply. begambleaware.org. | Visit NowAll Betting Sites | ||
New customers only. 18+ T&Cs apply. begambleaware.org. | Visit NowAll Betting Sites | |||
| New customers only. 18+ T&Cs apply. begambleaware.org. | Visit Now Nitrogen Sports Review | ||
| New customers only. 18+ T&Cs apply. begambleaware.org. | Visit NowAll Betting Sites | ||
50% on first deposit New customers only. 18+ T&Cs apply. begambleaware.org. | Visit NowAll Betting Sites |
What are bitcoin eSports betting sites?
Exactly what you'd expect: sites that allow you to bet on eSports with bitcoin. eSports is a short name for ‘electronic sports’, and usually involves video gaming. Although it has been around for a long time, eSports has taken off in recent years with many online bookmakers taking bets on their sites. The increasing popularity of bitcoin has led to it being embraced by online gambling, and betting with bitcoin on eSports is becoming more widely available by the day.
How do bitcoin eSports betting sites work?
Just like a regular eSports betting site, the difference is the currency you use. Like normal, you sign up and open an account with your chosen site, but instead of depositing fiat currency (GBP, USD etc.), you deposit bitcoin to bet with. A number of sites only accept bitcoin or other cryptocurrencies, whereas others support both crypto and fiat currencies. Now, many well known bookmakers are starting to incorporate bitcoin payments on their sites because of its popularity in the gambling world.
What eSports can I bet on with my bitcoin?
Any that you’d be able to bet on elsewhere. From Counter Strike: Global Offensive, to League of Legends, from FIFA to Call of Duty, you can bet on just about any eSports with bitcoin. Here’s a small selection of some of the most popular:
CS:GO
CS
is one of the most popular first-person shooter games in the world of eSports. It involves two teams: terrorists and counter-terrorists, and each team have an objective. The round ends when members of the opposing team are eliminated or when the objective is achieved. Dota 2
Dota 2 is an arena-type battle game in which you play as a fantasy hero in a team of 5 to try and destroy the opposing team’s base while protecting your own.
LoL
Another favourite in the eSports world, League of Legends is a multiplayer arena game in which players control a character known as a ‘champion.’ To win, one must destroy the opposing team’s building.
Fifa
The most popular football video game has also made inroads into the world of eSports betting. Anything you can bet on relating to a regular football match is available in this digital version of the beautiful game.
CoD
CoD is one of the most widely played first-person shooter games. Developed and published by Activision, there are eSports betting markets for pretty much every game in the long running series.
World of Tanks
World of Tanks is a multiplayer combat game in which players fight with (you guessed it) tanks. The game is won by destroying all the opposing team’s tanks or by capturing their base.
Find betting bonus codes and free bets
Like regular sites, many bitcoin eSports betting platforms offer bonuses to attract new users and keep the loyalty of existing customers. The most common offer is deposit matching when you sign up to a site, which usually ranges from 50% - 200% of the amount you deposit.
Is depositing and withdrawing faster with Bitcoin eSports betting?
Absolutely. One of the best things about bitcoin eSports betting is that deposits and withdrawals are processed almost instantly. However, it is possible that if you are withdrawing a large amount at once there will be a delay in payment, but not usually more than a day so it’s still quicker than most regular betting sites.
Are there limits on Bitcoin eSports betting sites?
Some do have limits; others don’t. Here’s what to expect:
- Betting limits: The minimum and maximum amount you can bet will depend on the site and the sport on which you’re betting. It’s common for the minimum bet to be very small (around 0.0001BTC) and for the maximum to be in the region of 1BTC.
- Deposit limits: The deposit limit vary from one site to another. Usually, the minimum is around 0.001BTC, with no maximum set.
- Withdrawal limits: Usually Bitcoin eSports betting sites will have no withdrawal limit.
What are the transaction fees for withdrawals and deposits?
Mostly, there are none at all. If sites charge transaction fees at all, it’s usually only the miners’ fees for verifying the blockchain, which is usually below £2 worth of bitcoin.
Is Bitcoin eSports betting available on my mobile phone?
It’s not very common to find eSport betting websites running on apps, but there a few that do. Most of the platforms, however, have made their sites to be mobile-friendly, allowing users access through their smartphones and tablets. Nitrogensports.eu is one such site, and in fact Nitrogen users were warned last September about a fake app having appeared on the Google Play store trying to steal account details.
Is betting with bitcoin legal?
Frankly, this depends on your location. In the UK, betting with bitcoin is legal. Because of the anonymous nature of bitcoin transactions, regulation is complicated with bitcoin betting. A particular issue is that underage users can take advantage of the anonymity of bitcoin to engage in gambling.
What are the risks of betting on Esports with bitcoin?
It’s up to you. If you want to gamble on eSports with anonymity, low fees, and fast transactions, then betting with bitcoin is a great option.
How do I get started?
This is the easy part. All you need to do is compare the platforms in our table and reviews and select one that suits your needs. You can register an account, deposit your bitcoins and begin betting right away.
| Get up to є500 deposit bonus New customers only. 18+ T&Cs apply. begambleaware.org. | Visit Now Thunderpick Review |
You've asked, we answered!
Some of the frequent questions you and others around the web asked.
Are there age restrictions to bet on Esports?
It all depends on where you are based. In most countries including the UK, the age limit is 18. But because of the anonymity associated with bitcoin, it’s very difficult for various Bitcoin eSports betting platforms to verify the age of their users.
Do Bitcoin eSports betting sites offer bonuses?
Yes, they do. Most Bitcoin eSports betting sites offer various bonuses just like regular sites. These include bonus matching deposits and loyalty programs whereby you can earn free bets on selected eSports. Check our tables/reviews for great bonuses related to bitcoin betting sites.
What makes Bitcoin eSports betting better than regular sites?
There are five main reasons: anonymity, fast transactions, low fees, a huge range of eSports to bet on, and secure payments supported on the blockchain. All these make bitcoin eSports betting better than on regular betting sites.
Do Bitcoin eSports betting sites have offers for existing customers as well as new ones?
Yes. Like regular sites you’ll be able to find offers to attract you to the site and reward you for playing. Bitcoin signup bonuses tend to be larger than those on regular sites, mostly matching your first deposit up to 200%. A lot of sites also give both new and existing customers free bets on selected games, but it depends on the site.
Can I place matched bets with bitcoin eSports betting?
It’s technically possible, but more difficult than on conventional sites. If you find the right platforms where you can get free bets and has small wagering requirements, you can place risk-free bets and be assured of returns no matter the outcome. Usually you’ll have to ‘play through’ any winnings you make on free bets before you can withdraw them.
Are there better odds on Bitcoin eSports betting?
Again this depends on the site. Odds on eSports betting tend to vary from site to site whether with bitcoin or fiat currency. Different sites will also offer different handicaps and bonuses to both new and existing users. The lower fees associated with Bitcoin enable lower running fees, but these don’t always translate into better odds.
Can you cash out in play when betting on Esports with bitcoin?
As is the case with regular betting sites, you can find this option in some bitcoin eSports betting sites and not others. There are platforms that allow you to claim your profit (although on a limited margin) before the event concludes, and there are those that don’t offer this option.
Is Bitcoin Esports betting regulated?
In the UK, any bitcoin gambling sites must still be regulated by the UK Gambling Commission. In other countries this is also usually true of the relevant gambling authority, but it’s advisable to do some research to find out the situation in your home country. As with any industry, there will be some sites that operate outside of the rules. We will only recommend reputable, licensed sites in our comparisons.
Is Bitcoin gambling completely anonymous?
Yes and no. Some sites allow you to gamble completely anonymously without filling in any details, whereas others require you to fill out your personal details in order to open an account. There are others that just need you to enter your email address and verify your account through a link sent to you.
Are my winnings tax free?
This depends on the country you’re in, but in all honesty it’s a complicated situation. In the UK, gambling winnings are not taxable; but given the anonymity of Bitcoin it isn’t possible to prove to the taxman that your money was made gambling when you exchange it for GBP, so declaring it as such is difficult.
Can I gamble with my bitcoin anywhere in the world?
Not legally. In the UK, gambling with bitcoin is legal, but some countries have restrictions when it comes to using cryptocurrencies in casinos. You will also find that some gambling sites are blocked from certain countries.
What is faucet gambling?
Bitcoin faucets are basically reward systems, accessed either through apps or a websites, where users are awarded small amounts of bitcoins (called satoshis) for completing a task or a captcha assigned by the site. When it comes to gambling, these faucets allow users to earn a small fraction of bitcoin and use these free coins to play in a casino. This allows new players to sample and test some games before they make a deposit.
What does ‘provably fair’ gambling mean?
‘Provably fair’ is a term you will come across on most gambling sites. It’s a technology that utilizes cryptography values, eliminating the worry of a casino being unfair. The technology uses a cryptographic algorithm using SHA-256 hash functions, which are what encrypts Bitcoin and are impossible to decode. The site generates a hash when the game starts and the player’s browser does the same. After the game you are able to verify these hashes through a third party calculator to prove the game was not interfered with.
What do BTC, mBTC, and uBTC mean?
They refer to fractions of bitcoin used in online gambling. BTC represents a full unit of bitcoin; mBTC represents a thousandth of btc (0.001 btc); and uBTC represents a millionth of btc (0.00000001 btc).
What is skin betting?
Also known as item betting, this is betting virtual goods that can be exchanged for money. It could be something like a color scheme for your gun or a new outfit for a character. There is concern that skin betting is getting a large number of children involved in gambling at an early age.
Are Bitcoin bets and payouts on the blockchain?
Yes and no. The movement of bitcoin is always recorded on the blockchain, so if the payouts are done directly to your cryptocurrency account/wallet, then they will appear on the blockchain. However, if the bets are handled by the casinos and winnings credited into your account, the movement of the coins will show up on the blockchain when you transfer them to your wallet.
What software is used by Bitcoin gambling sites?
When it comes to gambling with bitcoin, the primary concern is whether the casino accepts bitcoin as a payment method. If they do, then some softwares will support bitcoin-specific games and others will simply allow you to use bitcoin with classic casino games.
Most online cryptocurrency gambling sites originally had to create proprietary software in order to run bitcoin games. But as time goes by, big software providers such as Playfors, UltraPlay, SoftSwiss, Playtech, and NetEnt are beginning to develop software for bitcoin casinos, allowing them to accept cryptocurrencies.
Is it possible to gamble with other cryptocurrencies?
Yes. Some casinos exclusively accept bitcoin, but many allow you to gamble all the top cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Dash. There are also others that support even more coins, extending to options such as Dogecoin, Monero, Zcash. Whichever coin you want to gamble, we’ll find the right site.
Contributors
Author
Artiom Pucinskij
Artiom is the founder and editor of EsportsLounge, a leading esports content website covering everything from esports betting to the latest esports news. With a passion for gaming that extends beyond his professional work, Artiom loves playing popular games such as CSGO, LoL and Dota 2 in his spare time. With five years of experience in the gaming and betting industries, Artiom has developed a deep understanding of the world of esports and is dedicated to bringing his readers the most informative and engaging content possible. When he's not busy covering the latest esports trends, Artiom can often be found indulging in his favorite game, Final Fantasy.