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The Top Online Gambling Sites That Accept Cryptocurrency Deposits
You might have noticed already, but cryptocurrencies are kind of a big deal these days. While those who believe promise that they will revolutionize the world, they’ve already revolutionized the online gambling world, and we’re here to help you understand what’s going on and how to benefit from cryptocurrency gambling.
In this guide, we’ll show you how we pick great cryptocurrency gambling sites, give you an overview of the main cryptos you can use to gamble, and introduce you to some great resources for understanding cryptocurrency.
Of course, if you already know what you’re doing, you can skip all that and pick from this list of the best online cryptocurrency gambling sites if you prefer.
Our Top Recommended Cryptocurrency Gambling Sites
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It’s always important to take your time when picking a gambling site of any kind, but it’s especially so when dealing with cryptocurrency gambling sites.
Since cryptocurrency is still a relatively new phenomenon and is still in its early stages, there are some rogue casinos waiting to take advantage of people who might not be totally tech-savvy.
Not to worry, though. That’s why we’re here! We’ve got you covered, and our experts won’t steer you wrong. If you’d like to know how we determine legitimacy, you can explore an in-depth page on that by clicking the button below.
Our recommended crypto gambling sites share the following traits.
It’s super important to know you’re dealing with a legitimate gambling operator when gambling online with cryptocurrency.
There are a lot of sharks in these waters, and you won’t have much legal recourse if they decide to take your crypto and shut down your account. Heck, the authorities can’t even find out who is using Bitcoin and other cryptos without a major technical investigation, so good luck getting them to investigate who stole your $500 BTC deposit online.
We recommend sites which are regulated by national gambling authorities, or which at least have excellent reputations. Trust is always important, but it’s even more so when entering the unregulated, often confusing world of cryptocurrency gambling.
Depending on how experienced you are with using cryptocurrencies, it can be relatively easy, or it can involve a steep learning curve. Either way, it’s not at the point yet where it’s quite as simple as entering a credit card number and clicking a button.
Crypto has come a long way, and there are several features in the pipe which will make it easier to use than traditional payment methods, but that might be a few years away. For now, it’s important that the crypto gambling sites we review make depositing and withdrawing crypto as easy as humanly possible.
Whether you want to bet on the NFL, the next MMA super fight, or whatever golf or tennis tournament is happening next, you will be able to place all sorts of wagers on various outcomes at world-class crypto sportsbooks.
Keep in mind that many of these sites offer multiple different services. You’ll also be able to play casino games, play in poker tournaments, and enjoy digital bingo at some of them. Each site has its own offering, so be sure to check those out.
Whatever you’re into, we make sure that pro operators are running things and the best software companies in the industry are powering the sportsbooks, games, and poker rooms.
There are specific Bitcoin gambling sites, and we have no problem recommending them when they’re world-class. However, we’ve been sure to pick multiple sites to provide options for gambling with different cryptocurrencies.
Bitcoin is still the king of cryptos, and it probably will be for a very long time to come, but we like to see sites accepting Litecoin, Ripple, Zcash, Dash, Ethereum, and other cryptocurrencies.
Crypto is evolving rapidly, and new coins come online every single day. We don’t expect the cryptocurrency gambling sites we recommend to accept them all, but the ones which accept a few of the main ones will always win extra points from us.
One of the main reasons to start gambling with cryptocurrencies is because they’re almost free to move around. Long gone are the days when Bitcoin fees escalated to $30 per transaction when the blockchain (network) got busy. Things have moved on, and there are now lots of great cryptos which are almost free to move.
Since cryptos can be moved for a fraction of a cent in some cases, it would be pointless if the gambling sites spoiled the party by charging ridiculous fees for deposits and withdrawals. We always prefer to recommend gambling sites which don’t charge fees.
Another big advantage of using cryptos generally is how fast they are. Whereas it might take several business days to get your withdrawals by bank transfer or when using credit/debit cards, it’s possible to move crypto across the planet 24/7, 365, in seconds.
If you were to accept what the media told you about cryptocurrencies, there’s a good chance you would never use them. Since newspaper and cable TV channels have a business model which is built around getting and keeping your attention, they tend to exaggerate. However, that doesn’t mean cryptos are safe to use for everyone. There are a few things to keep in mind if you’re still on the fence about using crypto betting websites.
As you can see, these aren’t really “dangers” as such but are rather problems which can be avoided with a little common sense and a willingness to learn. For example, the volatility can be eliminated by spending your jackpots or cashing them out as soon as possible. It just takes a little out of the box thinking and a willingness to take some risk in exchange for the advantages cryptocurrency gambling sites offer.
If you’re not put off by some of the downsides of crypto betting sites, congratulations! You’re about to discover the many benefits of using them. There’s a reason so many people are taking an interest in cryptocurrencies, and as always, the online betting scene is at the forefront of this technological revolution.
We’ve already touched on this above, but even the “worst cryptos,” meaning those with the highest fees and slowest transaction times, beat bank transfers by miles.
Consider that if you withdraw by bank transfer from a betting site, you’ll likely pay $25 and have to wait 5-7 business days on average. Now compare that to Bitcoin, where you’ll have to wait an hour and will pay a few cents even if you move tens of thousands.
Some argue that Neteller, PayPal, and Skrill are just as fast, but we invite you to take a look at their fees before getting too excited. Nothing compares to cryptocurrencies when it comes to moving money quickly and inexpensively 24 hours a day, 7 days a week.
You could download a cryptocurrency wallet to your phone for free and begin sending and receiving coins within minutes. At no point do you have to fill in an application form or verify your identity, and you would instantly be plugged into a global payment network that never sleeps.
This is a big advantage for those who can’t get bank accounts, can’t get credit cards, or who live in countries where they’re told what they can and can’t spend their own money on. When using cryptocurrencies, nobody will ever ask you what a transaction is for, and you can send coins to crypto betting sites just as easily as you can send them anywhere else regardless of where you live.
When you consider that many people are cut off from online betting services by government decree, this permissionless payment system becomes extremely appealing.
One of the main dangers that arise when betting online is the risk of identity theft or having your financial details stolen. A little digging on the darknet markets for people’s data is enough to send shivers down the spine, and so it’s little wonder that secure, safe payment methods like cryptos are becoming more and more valued.
For example, you won’t have to enter your payment details at any crypto betting site. You’ll simply have to send coins from your private wallet to your casino wallet, and if anyone was to hack your casino account, they’d only have access to the coins in it. They wouldn’t be able to do a single thing with the original wallet address you sent them from without your private keys, which are impossible to guess. They also won’t learn much about you, either.
It gets even better, though. There are even crypto sports betting sites which require no registration in the traditional sense. For example, at Bitcoin dice sites, you’ll often only need to create a username and password to get started.
As worries about security, data, privacy, and other related factors come to a head, we predict that more and more players will find crypto betting sites attractive. After all, they’re the solution to many of these problems, so why wouldn’t they catch on?
“Crypto gambling sites” is a fairly broad term. In fact, it covers multiple different types of sites. We’ve created specific pages to deal with each of these in more detail.
On the crypto casino sites page, you’ll find a list of recommended casinos which accept cryptocurrencies. We explain how we pick these sites and a lot more about playing casino games with crypto, too.
On the crypto betting sites page, you’ll discover which of our recommended online bookmakers accept Bitcoin and other cryptocurrencies. As you’ll discover, it’s possible to bet on just about any sports using cryptos. We’ll explain how we find great crypto betting sites on this page.
Last, but not least, you’ll find our guide to cryptocurrency poker sites. There are poker rooms and tournaments going on 24/7, 365, and many of these sites are happy to accept and pay out in Bitcoin and other cryptos. Discover which sites we recommend and more by clicking the crypto poker button below.
If you’re thinking you might like to give crypto betting sites a try, let us show you how it’s done step by step. Like everything, it’s easy when you know how, and you’ll be a master of this within a few transactions.
You’ll need to pick a site before you do anything else. We can’t and won’t vouch for any sites other than those recommended on our site. We suggest taking some time to visit them and look around. Make sure they offer what you’re looking for and allow you to gamble with the cryptocurrencies you want to use. You can also find this information out in our reviews.
Step two is to decide which cryptocurrency you want to bet with. Double check that the specific site you want to play or bet at facilitates betting with your preferred coin. Once you’ve confirmed that, buy some of your preferred coin on a cryptocurrency exchange. If you’re a beginner, we suggest sticking with Bitcoin or Litecoin and using Coinbase, which is the most user-friendly exchange by a mile.
For beginners, this is the tricky part. Cryptocurrency wallet addresses are ugly, consisting of long strings of letters and numbers. We suggest copy and pasting your casino wallet address and then checking it digit by digit until you’re sure it’s right. When you’re ready, click send, and the coins will move across the network to your account.
You’ll usually receive a notification when your coins have arrived, but you can also sit and wait for them by keeping an eye on your casino balance. Remember, even when using fast cryptos like Litecoin, it could take a few minutes. If you use Bitcoin, be prepared to wait longer, and don’t panic if your coins don’t arrive right away.
Once your coins arrive, it’s time to have fun and hopefully make a little money.
For many people, the word “cryptocurrency” is automatically associated with Bitcoin. That’s fair enough since Bitcoin is by far the “biggest” crypto, and it grabs all the headlines, so it makes sense that most people think of it first.
However, as you learn more about cryptocurrencies, you’ll learn that there are thousands of them. We don’t need to pay attention to 99% of them, though. There are a few dominant cryptos which rule the roost and which are relevant to the gambling scene.
Let’s look a little deeper at the different coins which are accepted at cryptocurrency gambling sites.
As mentioned before, Bitcoin is the king of cryptocurrencies. Ever since the first Bitcoin was mined in 2009, this has been the leading cryptocurrency, and for much of that time, it was the only one. Almost every crypto gambling site accepts Bitcoin, even if they don’t accept others.
There are pros and cons of using Bitcoin to gamble as compared to using other cryptocurrencies. We cover those pros and cons and what we look for in great Bitcoin gambling sites, and we recommend some gambling sites which accept Bitcoin on the page below.
If there was any coin which could give Bitcoin a run for its money and which could possibly unseat BTC as the king of cryptos in the future, Ethereum would be it.
Ethereum is used by geeks and programmers more than anyone else, but there is also an increasing number of gambling sites which accept Ethereum. It’s super-fast and cheap to transact with, so we can see the appeal.
If you want to learn more about gambling with Ethereum, what the pros and cons of doing so are, and which gambling sites accept it, we recommend spending a little time checking out the page below.
While Bitcoin and Ethereum are two of the best-known cryptocurrencies, there are many others out there, and the number of people using them is growing by the day. Some of them have exploded in popularity in the last couple of years, and so many crypto gambling sites have started to accept them.
These cryptos are known as “altcoins,” and we’ve created pages for each of the most important ones in the gambling industry. Feel free to browse around and look into the benefits and drawbacks of each of these cryptocurrencies and discover some of the cryptocurrency gambling sites which accept them.
With all of these different coins to choose from, it can be difficult to know which one to use. We like to think of them as tools – each one is best for a specific job. When it comes to online gambling, some cryptos have an edge over others. Discover which cryptos are best for gambling by checking out the page below.
While most people have at least heard of Bitcoin and Litecoin by now, what you might not know is that there are thousands of cryptocurrencies out there. While they’re not all accepted at crypto betting sites, there are a dozen or so which we find are accepted at most sites.
Each has its own pros and cons. Instead of going through them all, we’ve picked a couple of coins we feel would suit you best depending on what’s most important to you.
If you want to get your money in, and hopefully out, of the crypto betting site within minutes, you’d be well served to use either Bitcoin Cash or Litecoin.Both cryptocurrencies are fast and are widely accepted at cryptocurrency betting sites. Bitcoin Cash block times are around 10 minutes, whereas Litecoin block times are 2.2 minutes on average.
These aren’t the absolute fastest cryptocurrencies, but the others which are faster, such as XRP and Nano, aren’t widely accepted at betting sites.
If you want to keep the absolute maximum of what you’ve won, either Bitcoin, Bitcoin Cash, or Litecoin will be fine. The days of sky-high cryptocurrency fees are long gone. Bitcoin fees are now down to cents, and as the Lightning Network upgrade takes hold, they’ll be close to free soon enough.
Do keep in mind that fees can vary depending on how busy the network is. In most cases, you can expect to pay under 10 cents for a transaction of a few thousand dollars when using any of these three cryptos.
If you’re the type of player who wants to keep your betting anonymous, don’t use Bitcoin, Litecoin, or Bitcoin Cash. While these are private for all normal purposes, they can be tracked, so if you want to drop off the radar, they’re not ideal.In this case, we would recommend either Monero, Zcash, or Dash. Each approaches privacy in a different way from a technology standpoint, but all three get the job done. Even the NSA would find it all but impossible to track a Monero transaction, so keep that in mind if for some reason you’re hell-bent on going dark when using online crypto sportsbooks.
Arguments abound about which of these three is the ultimate privacy coin, but unless you’re trying to commit some serious crime, you don’t need to worry about that. For the purposes of the average gambler trying to keep his business private, any of the three will serve your needs fine.
We understand that there’s a learning curve involved when you first encounter cryptocurrency. Heck, we’ve been using them for years, and we’re still learning something new every day. In the beginning, it’s only natural if terms like “blockchain,” “hash rate,” and “exchange address” make your head spin!
We created an entire ecosystem of “crypto knowledge” pages to help bring you up to speed as fast as possible, including our page that’s all about bitcoin! You’ll find simple explanations on all the key crypto concepts, definitions of the important terms, an overview of what cryptocurrencies exactly are, a guide on how to get your hands on them, and the benefits of cryptos versus other financial vehicles like stocks.
Start by checking out the following page, which gives a broad overview of cryptocurrencies.
Unless you know someone who has Bitcoin or other cryptocurrencies and is willing to sell you them for cash, you’ll need to get them on a cryptocurrency exchange.
In fact, a lot of people use cryptocurrency exchanges just like we use casinos and other online gambling sites. They buy cryptocurrencies and trade them on their wildly-fluctuating values. We think this is fair enough – after all, if you buy Bitcoin on an exchange at one price and sell it for three times as much, that’s a form of gambling, and it’s also your right.
But much like crypto gambling sites, not all exchanges are equal. There are features to consider, fees to assess, and you’ll also need to consider whether the crypto you want to buy is even available on the exchange you want to register at.
Confused? Don’t be – we’ll cover everything you need to know and then some in our cryptocurrency exchange reviews. Check the page below out, and you’ll be an expert on crypto exchanges in no time.
