Get Started with Bitcoin eSports Betting

Bitcoin Esports Betting is an exciting way to win money by supporting your favorite gaming teams. It’s about betting on professional gaming competitions known as electronic sports or esports for short. This betting form is becoming popular, especially among the younger crowd.
The popularity of Bitcoin in sports betting platforms can’t be overlooked either. Using this payment method offers special advantages that traditional payment methods simply do not offer. That’s what makes betting on esports with Bitcoin incredibly convenient. In our review, we’ll dive into the top crypto esports betting platforms and cover all you need to know about placing esports bets with Bitcoin.
Top Bitcoin Esports Betting Sites
Have you always wanted to know which eSports bookmakers are available to play with cryptocurrencies? There are countless betting providers, but only a few have a good reputation and a gambling license. Such a license guarantees that you place bets with a reliable bookmaker.
Below we have compiled a list of the best Crypto Esports Betting bookmakers. We have thoroughly researched all the available offers and selected the best eSports bookmakers for you. These bookmakers offer the best Bitcoin eSports betting experience, offer great bonuses, and have easily accessible customer service.
- GG.Bet – One of the giants of the e-sports betting industry, GG.Bet’s colours are omnipresent in e-sports event advertisements and on professional players’ jerseys. Its popularity is not limited to its reputation: this brand offers the widest range of e-sports events, matches, as well as betting markets for them. We’re not just talking about CS:GO, League of Legends, Dota 2, etc.: the platform also offers many niche titles such as Starcraft II, Halo and others.
- CloudBet – CloudBet is a crypto gambling site where you immediately benefit from a nice welcome bonus of 100% based on your deposit of up to 5BTC. With a wide range of crypto casino games, CloudBet also offers a unique and varied sportsbook. What makes CloudBet even more special is its esports offer. Here you can bet on an extensive range of e-sports such as Overwatch, Counter-Strike, and League of Legends. The sportsbook offers a dynamic and interactive environment where you can test your knowledge of esports and enjoy the excitement of betting on your favourite matches and tournaments.
- Bovada – Bovada is a platform specializing in sports betting. With thousands of players having already joined the adventure, it has stood out as a quality reference for all esports bettors with odds on CS:GO, Overwatch, League of Legends, and more. Beyond being a destination of choice for sports and esports betting, Bovada also offers you a section dedicated to online casino games with thousands of slot machines available, live games and not forgetting the essential mini-games like Aviator. Customer service is available 24/7, allowing you to play with complete peace of mind. Cryptocurrencies are accepted for deposits and withdrawals. Betting on eSports with Bovada proves to be a quality choice for enthusiasts of this discipline.
- Stake – Stake is a global online gambling company. Although it primarily focuses on online slots and traditional sports betting, it includes e-sports betting markets in its portfolio. Here users can place bets on various events in Dota 2, League of Legends, and Counter-Strike: Global Offensive. Stake also offers new users excellent welcome bonuses compared to many other esports betting sites.
How To Get Started with Bitcoin Esports Betting?
Betting on eSports is not difficult at all and anyone can start with it in minutes. Bitcoin esports betting works in the same way as betting on sports. Below we list some of the steps on how to bet on your favorite eSports teams with Bitcoin.
How To Start Bitcoin Gambling?
- Choosing A Bitcoin Wallet – Your first step is selecting a Bitcoin wallet, which will act as a digital bank account for storing, sending, and receiving Bitcoin. There are various types of wallets, including software wallets that you can download to your computer or mobile device and hardware wallets that offer enhanced security by storing your Bitcoin offline. If you are going to send a lot of money to your wallet it is recommended to invest in a hardware wallet. If you are a casual player who only plays with small amounts you can use a software wallet. It is completely free!
- Acquiring Bitcoin – After setting up your Bitcoin wallet, you’ll need to get your hands on some Bitcoin. You can buy this cryptocurrency through an exchange using fiat money. These platforms allow you to purchase Bitcoin using various payment methods like bank transfers, credit cards, or even PayPal. But what’s even better is top Bitcoin esports betting platforms that we recommend also offer traditional payment methods. This way, you can easily buy Bitcoin through the bookmaker and it will be deposited in your sports betting account in minutes.
- Selecting A Bitcoin Gambling Site – Choosing the right Bitcoin gambling site is not easy. All recommended betting sites mentioned in this article have been rigorously checked. From the user interface to payment and withdrawal limits and legal information, every factor is taken into account to determine if the crypto esports betting site gets into our top list. If you want to choose another bookmaker that is not on this list, make sure it meets the standards. You need to take into account various parameters such as the reputation of the platform, the variety of the esports betting markets, the bonuses, the customer support, and last but not least fairness and security. It’s important to select a site that matches your preferences and provides a safe and reliable gambling platform.
- Depositing Bitcoin into Your Gambling Account – If you haven’t bought BTC through the crypto esports betting site, you will need to transfer the Bitcoin in your wallet to your sports betting account. This is an easy and quick process that is mostly similar on all betting sites. Find the deposit section of your account, choose Bitcoin, and enter how much you want to deposit. Copy the Bitcoin wallet address of the crypto esports betting site and send Bitcoin from your wallet to this address. Deposits can take from a few moments to 24 hours to reflect in your Bitcoin esports betting account.
- Understanding Gambling Terms and Conditions – Before placing your first bet, it’s important to read and understand the terms and conditions of the Bitcoin esports betting site. While reading the T&C page of the bookmaker pay special attention to the deposit and withdrawal limits, bonus terms, and playthrough requirements. Knowing these can help you understand if claiming esports betting bonuses is good for your strategy and avoid potential problems with withdrawals.
- Placing Your First Bet – Once your account is funded, you are ready to place your first esports bet. If the crypto esports betting site offers sports betting bonuses, it might be wise to check them out before placing your bet. Some bookmakers free bet bonuses as a welcome incentive and it will be a shame to miss out on a risk-free betting opportunity. To get started, browse through the available esports events on the betting site. Whether it is Valorant Betting odds, League of Legends Betting Odds, or Call of Duty Betting odds top esports bookmakers offer you a large variety of betting options. For LoL Betting for example you can usually bet on the match winner and the tournament winner. There are also special bets like first Nashor, first Pentakill, first blood, etc. Choose your preferred event among these, and decide on your wager amount. It is recommended to always start with smaller bets to understand the platform and increase your stakes as you become more comfortable.
- Withdrawing Winnings in Bitcoin – Now comes the best part. You’ve made a successful esports bet and you are now ready to withdraw your winnings from the Bitcoin esports betting platform. This process follows a similar process to depositing. Simply go to the withdrawal section of the casino, enter the amount you wish to withdraw, and copy your Bitcoin wallet address to the dedicated field. After confirming everything is correct, you can approve the transaction. Withdrawals can be nearly instant but you should take into account the casino’s processing time. Some casinos may impose fees or have minimum withdrawal amounts, so it’s wise to check these details beforehand.
How To Withdraw Funds from Bitcoin Online Gambling Sites?
When you are playing at a Bitcoin online gambling site, the withdrawal process is usually quick to guarantee you can access your winnings immediately. Deposits and withdrawals with Bitcoin take about 10 minutes and, in many cases, they are even instantaneous. With many other payment methods, you will have to allow a few business days for your withdrawal request to be processed, after which you will have to wait again for the money to appear in your account. You do not have this problem if you withdraw money with Bitcoin. The process is much faster because the transfer does not have to be processed. Here’s a simplified guide to help you withdraw funds from a Bitcoin esports gambling site for the first time:
- Log In to Your Bitcoin Crypto Gambling Site Account – The first step is clear. You need to access your account on the gambling site where you’ve been betting and won. Use your credentials to log in on your desktop or mobile device.
- Go To the Banking Page – Once logged in, navigate to the banking or cashier section of the site. Here, you’ll find options for both depositing and withdrawing funds. Look for the “Withdraw” or “Cash Out” option to start the withdrawal process. If you’ve accepted a bonus, make sure your bonus money is completely cleared to be able to withdraw your winnings.
- Choose A Method for BTC Withdrawal – Once you’re on the money withdrawal page of the bookmaker select Bitcoin (BTC) as your withdrawal method. You’ll then be prompted to enter the amount you wish to withdraw. Make sure this amount meets the site’s minimum and maximum withdrawal limits.
- Enter Your Bitcoin Wallet Address – Now you will need to provide the address of your Bitcoin wallet where you wish to receive your funds. Make sure you copied the correct address on the correct network, as transactions to the wrong addresses cannot be reversed.
- Confirm The Withdrawal Request – Review all details of your withdrawal request on last time. Confirm the transaction to start the withdrawal process.
- Receive Funds in Your Bitcoin Wallet – After confirming your withdrawal request, the next step is to patiently wait for the funds to arrive in your Bitcoin wallet. The duration varies by site but is usually within a few hours. Some sites process withdrawals instantly, while others might take up to 24 hours. Once processed by the gambling site, the transaction must be confirmed by the Bitcoin network. This only takes minutes to a few hours and the delay depends on the network’s congestion and the transaction fee paid. Most gambling sites and Bitcoin wallets will notify you once the transaction is complete, so keep an eye on your Bitcoin wallet and the gambling site’s notifications for updates on the transaction status.
How To Pick The Best Bitcoin Esports Betting Site For You?
When selecting the best Bitcoin eSports betting sites and apps, there are several key aspects to look for. First of all, as an avid eSports bettor, you should be able to find the most popular esports competitions to bet on including Valorant Betting options, League of Legend betting odds, or Call of Duty betting markets. In addition to this, some other features are important when selecting the best Bitcoin esports betting sites and we have listed them for you below.
Fair Deposit & Withdrawal Limits
You want to place your esports bets with Bitcoin and that’s why you are searching for a Bitcoin esports betting site. But have you checked the deposit and withdrawal limits? Every player is different and we all have our own strategies when it comes to betting on esports. If you don’t want to have difficulties with your transactions later on, consider sites offering flexible limits that cater to both high rollers and casual bettors. No one would like to wait a couple of weeks to be able to withdraw a huge win. It’s also crucial to evaluate the balance between a generous bonus and its associated wagering requirements. A bonus with a huge wagering requirement or a win limit can stop the fun almost immediately. When you are accepting a bonus make sure that you can meet the terms attached and enjoy your Bitcoin esports betting experience without unwelcome surprises.
Secure Cryptocurrency Transactions
Security in cryptocurrency transactions cannot be overstated. Opt for platforms that offer robust protection for your digital assets, supporting a broad array of cryptocurrencies. This variety not only demonstrates a site’s commitment to accommodating diverse user preferences but also reflects on their understanding and integration of blockchain technology’s security features. Assessing the site’s security protocols and supported cryptocurrencies can provide peace of mind, ensuring that your transactions are both safe and convenient.
Quick Deposits & Withdrawals
The appeal of Bitcoin and other cryptocurrencies lies in their ability to facilitate swift transactions. When selecting a betting site, prioritize those that offer quick deposit and withdrawal options. This feature is a hallmark of an efficient platform, enabling you to access your funds promptly and respond to betting opportunities as they arise. The agility of blockchain technology means you should not have to compromise on speed, ensuring that your betting cycle—from deposit to play to withdrawal—is as seamless and uninterrupted as possible.
Large Selection Of Esports Betting Markets
A vast array of betting markets is crucial for engaging and versatile esports betting. When you’re considering a Bitcoin esports betting site, the more markets available, the better. This doesn’t just mean being able to bet on winners or losers of Call of Duty Betting events; it’s about having the option to bet on specific aspects of the game. For instance, you might want to place bets on the first kill in a match, the number of headshots, or which team will destroy the first tower. These detailed betting options can make your betting experience much more engaging and can allow for strategic betting based on your game knowledge. Additionally, a broad selection of games, from popular titles like ‘League of Legends’ and ‘Counter-Strike’ to less mainstream games, indicates a site’s commitment to providing a comprehensive betting experience.
Rewarding Bonuses & Promotions
Bonuses and promotions are great perks to enhance your betting efficiency. Top Bitcoin esports betting sites offer you a variety of bonuses, such as welcome bonuses for new members, reload bonuses for existing players, and special promotions tied to major esports events. However, it’s important to read the terms and conditions of these bonuses. Look for offers with reasonable wagering requirements that you can realistically meet. These bonuses should serve as a boost to your betting budget, not as unreachable targets that create stress.
Minimal To No Transaction Charges
One of the reasons players opt for Bitcoin payments for esports betting is the lower transaction fees compared to traditional payment methods. However, the transaction fees imposed by the Bitcoin esports betting platform should not be overlooked. When selecting a betting site, make sure to check if there are fees associated with depositing and withdrawing Bitcoin. Some sites offer zero transaction fees, which can save you a significant amount of money over time. Moreover, consider the speed of these transactions. Fast processing times for deposits and withdrawals are a sign of a good platform that values your time and money.
High Quality Esports Betting Features
The quality of the betting features offered by a site can significantly impact your betting experience. Features such as live betting allow you to place bets on matches as they are happening, which can be particularly exciting and potentially profitable if you have a good understanding of the game dynamics. Additionally, a user-friendly interface makes navigation and betting straightforward, enhancing your overall experience. High-quality customer support is also vital, ensuring that any issues you encounter can be resolved promptly and efficiently.
Pros And Cons of Using Bitcoin for Esports Betting
Bitcoin esports betting sites offer numerous advantages over traditional betting platforms. These are the gambling platforms that accept Bitcoin as a payment method. Unlike traditional betting sites, here you can bet and collect winnings in Bitcoin. The only thing you need to do is to create an account and select Bitcoin as a payment method on the crypto esports betting site. Your transactions are processed safely and quickly using blockchain technology so that you can play immediately.
Top Bitcoin esports betting sites offer a huge selection of esports events to bet on. From Valorant betting events to League of Legends odds, these platforms provide a wonderful betting experience in your living room or wherever you go.
This comes with an improvement in privacy, reduced transaction costs, and international accessibility. That’s why Bitcoin sports betting sites are becoming increasingly popular among players and are worth exploring if you are looking for a unique way to gamble online. Here, we listed the pros and cons of Bitcoin esports betting to help you make an informed.
Pros
- Enhanced Privacy and Anonymity – Bitcoin transactions don’t require you to share sensitive financial information. This is great for players who wish to keep their betting activities confidential.
- Lower Transaction Fees – Compared to traditional banking methods or credit cards, Bitcoin often comes with minimal transaction fees. If you bet with Bitcoin, more of your money can go towards betting rather than being eaten up by charges.
- Transaction Speeds – Bitcoin transactions are processed in minutes and are exempt from blockages of conventional payment methods like bank transfers and credit cards.
- Deposit and withdrawal limits – On Bitcoin esports betting sites deposit and withdrawal limits are usually much higher than the conventional betting platforms. If you’re a high roller, you will enjoy Bitcoin esports betting.
- Global Accessibility – Thanks to the decentralized nature of Bitcoin, you are not bound by national gambling regulations. You can bet from almost anywhere in the world without facing geographical restrictions.
- Security Benefits – The blockchain technology behind Bitcoin provides a secure and transparent transaction record without compromising your personal and financial details. On the decentralized network, you are completely anonymous. This reduces the risk of fraud and unauthorized access to your personal and financial informations.
Cons
While using Bitcoin for esports betting has its advantages, there are also some drawbacks to consider:
- Less Choice – Not all esports betting platforms accept Bitcoin or other cryptocurrencies, which can limit your options when choosing a site to bet on. You might find fewer sites that cater specifically to Bitcoin users compared to those accepting traditional payment methods.
- Volatility – Even though Bitcoin is the first and the most established cryptocurrency it can still be highly volatile, meaning the value of your winnings could change rapidly due to market fluctuations. This is a double-edged sword that can affect the amount you withdraw, positively or negatively.
- Complexity For New Users – The process of acquiring, storing, and using Bitcoin can be complex for newbies, involving digital wallets and understanding blockchain technology. This learning curve might deter those unfamiliar with cryptocurrencies.
- Restricted In Some Countries – Bitcoin’s legal status varies by country, with some governments restricting its use for gambling. This can complicate access and use for betting in certain regions, potentially limiting its appeal to a global audience.
Future Of Bitcoin Gambling Sites
The future of Bitcoin gambling sites is poised to redefine the online betting landscape. As cryptocurrencies continue to gain acceptance, Bitcoin esports gambling offers a glimpse into a future where transactions are faster, more secure, and more transparent. The decentralized nature of Bitcoin ensures that players can enjoy a higher degree of privacy and anonymity than traditional online gambling sites. Furthermore, the global accessibility of Bitcoin allows users from around the world to participate without the constraints of cross-border financial regulations
Looking ahead, we may see new trends reshape Bitcoin gambling:
- Metaverse Casinos: Gambling will move into virtual worlds thanks to augmented reality, making it feel like you’re physically there and part of the action.
- Decentralized Gambling Platforms: This means gambling sites won’t have one company in control, which could make everything more open, fair, and hard to block or censor.
- Increased Regulation: As more people start to gamble with cryptocurrencies, we expect to see new rules that could make Bitcoin gambling more recognized.
The trajectory of Bitcoin gambling sites is marked by both innovation and the ongoing maturation of the cryptocurrency market. As the sector navigates regulatory landscapes and technological advancements, the unique advantages of crypto gambling—such as improved privacy, global accessibility, and the promise of provably fair gaming—are likely to attract a wider audience. This evolution will not only redefine the gambling industry’s operational aspects but also enhance the player experience, making crypto gambling an integral part of the future of online gaming.
FAQs
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Are Bitcoin eSports betting sites legal?
Bitcoin eSports betting sites operate in a legal gray area due to varying regulations across different jurisdictions. In countries where online gambling is regulated and cryptocurrencies are recognized as legitimate payment methods, Bitcoin eSports betting sites that are licensed and adhere to gambling laws are considered legal and safe. Therefore, it is important to verify the site’s licensing information and ensure it complies with local regulations. Always choose platforms that prioritize user security and have a strong reputation within the online gambling community.
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How does Bitcoin eSports Betting work?
Bitcoin eSports betting involves depositing Bitcoin into your account on a betting site that accepts cryptocurrencies. You can then use these funds to place bets on various eSports matches, including popular games like League of Legends, Dota 2, and CS:GO. Betting options might include match outcomes, tournament winners, and other game-specific events. Winnings are paid out in Bitcoin and can be withdrawn to your personal wallet.
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Are there any risks associated with Bitcoin eSports betting?
While betting with Bitcoin on licensed and regulated sites minimizes risks, there are still concerns to be aware of. The volatile nature of cryptocurrencies means the value of your winnings can fluctuate significantly. Additionally, the relative anonymity of Bitcoin transactions makes it harder to address disputes or fraudulent activities. It’s crucial to gamble responsibly, only use reputable sites, and be aware of the legal and financial implications of betting with cryptocurrencies in your country.
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The difference between bitcoin and traditional eSports betting?
The main differences between Bitcoin and traditional eSports betting lie in the payment methods, transaction speeds, and privacy levels. Bitcoin betting offers greater anonymity, often resulting in lower transaction fees and faster deposit and withdrawal times, which is not always the case with fiat currency transactions that may involve banks or other financial institutions. However, the value of Bitcoin can be highly volatile, which adds an element of financial risk not present with stable fiat currencies.
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Is Bitcoin eSports betting available on mobile platforms?
Yes, many Bitcoin eSports betting platforms are optimized for mobile use, either through mobile-friendly websites or dedicated apps. This ensures that users can enjoy the same range of features, betting markets, and account management tools on their smartphones or tablets as they would on a desktop computer.