Is Crypto Betting Safe? All You Need to Know In 2022

crypto betting safe

So, you’ve read about all of the ways people are using Bitcoin and other cryptocurrencies and you’re wondering if it’s safe to use them for a little bit of a flutter online?

Maybe you’ve even got some crypto tucked away in your own wallet and you’re thinking this is just the right time to find out whether it is actually safer than traditional gambling.

Well, guess what! The online betting industry is already doing its best to make use of this revolutionary technology to provide you with even greater benefits!

While traditional currencies do remain the standard, crypto allows betting sites to offer you greater security, confidentiality, and lightning-fast transactions!

Curious to know exactly how crypto casinos guarantee this and what these great advantages can bring?

This is exactly what this article aims to show you, including what makes crypto betting safe, how exactly betting with crypto assures safety, and much more.

So read on!

Is Crypto Betting Safe?

Cryptocurrency is based on Blockchain technology which relies on cryptography, network effect, and decentralization for safety.

Encryption is at the core of cryptocurrency, and it’s so advanced that experts consider Quantum computing the only real risk of this sort of encryption failing. However, Quantum tech is a decade away, and the top cryptos are constantly being improved and upgraded with a view to defeating even this threat.

The other way cryptocurrencies can be compromised is through a 51% attack, where an attacker would need to control a majority of the blockchain’s ‘voting power’.

In the case of Proof-of-Work blockchains like Bitcoin, this voting power is actually computing power dedicated to mining said crypto. Controlling over half of a cryptocurrency’s global mining power would be such a great undertaking, however, that even nation-states may find it impossible to pull off – at least where Bitcoin is concerned.

Meanwhile, Proof-of-Stake blockchains (like what Ethereum is transitioning to) could theoretically suffer something similar, but in this case, it would mean actually taking control of (or purchasing) over 50% of the cryptocurrency staked. As you might imagine, this would also involve massive levels of investment.

Furthermore, the network effect of crypto grows every day. This means that as more people and organizations start to hold, use, and mine or stake cryptocurrency, the network becomes bigger and therefore increasingly secure.

Given this multifaceted security structure that blockchains enjoy, you can rest assured that once your transaction is validated on the blockchain, there is absolutely no way to change it, tamper with it, or deny its existence.

As such, the safety of betting with crypto is in your own hands alone, meaning that you only have to make sure to store your own crypto safely and choose a trusted, reputable gambling site to bet on.

Why Go For Crypto Betting? 3 Crypto Betting Benefits

Now that you know exactly what is crypto gambling and what makes it so safe, have a look at these 3 crypto betting benefits that you can never get with traditional gambling:

Be Your Own Bank

One of the biggest benefits of betting with crypto is that you can stay well clear of the banking system. While some sites may require KYC (Know Your Customer) protocols, using cryptocurrencies means remaining independent of third parties and in full control of your own funds.

Fast, Extremely Secure Transactions

While the traditional banking system requires a significant amount of time for funds to settle and clear, cryptocurrencies are extremely fast, with several blockchains settling transactions almost instantly.

Immutable Public Ledger

Once payment via a bank is made, you have no idea where funds are and what’s happening to them, and you simply have to trust the system and hope your funds will eventually clear.

On the blockchain, all transactions can be tracked and are secured via a consensus, disabling third parties’ ability to roll back transactions, electronically interfere, or otherwise attempt to defraud you.

12 Best Crypto Betting Websites

1.

n1bet logo white

N1Bet

9.76

✅ Generous welcome bonus

✅ Wide range of accepted cryptocurrencies

✅ Sports and live betting options

BONUS

Up to €400 + 200 Free Spins

2.

7 bit casino logo

7Bit

9.52

✅ 5000+ exclusive BTC Games

✅ Retro casino aesthetic

✅ Robust VIP program

BONUS

1.5 BTC on first deposit,
1.25 BTC on second + third deposits

3.

BitCasino.io Logo

BitCasino.io

9.52

✅ 2 minute withdrawal time

✅ Huge selection of quality games

BONUS

Free spins, chips , & automatic cash rewards

4.

red dog logo

Red Dog

9.52

✅ Well-designed website + mobile app

✅High-quality RTG games

✅24/7 bonus promotion

BONUS

225% bonus + extra 20% for BTC deposits

5.

bitstarz logo

BitStarz

9.52

✅ 3000+ exclusive BTC games section
✅ Excellent mobile gaming app

BONUS

5 BTC or €/$500 + 205 Free Spins

6.

intertops logo

Intertops

9.52

✅ Exclusive mobile rewards

✅ New game promotions

BONUS

125% up to $1000

7.

betonline logo

BetOnline

9.52

✅ Sports and esports betting with high odds

✅ Variety of bonuses up to $3000

BONUS

Up to $1000

2.

7 bit casino logo

7Bit

9.76

  • Generous welcome bonus
  • Wide range of accepted cryptocurrencies
  • Sports and live betting options

BONUS

Up to €400 + 200 Free Spins

1.

n1bet logo white

N1Bet Casino

9.76

ACCEPTED CRYPTO

BONUS

Up to €400 + 200 Free Spins

n1bet homepage

Cryptocurrencies: Bitcoin, Litecoin, Tether, Dogecoin, Ethereum

Safety: N1Bet is very dedicated to your data protection. They use 128bit SSL encryption with an additional PGP protocol for extra security. Players are also given the option to add an extra security measure by activating the two-factor authentication (2FA) to protect their accounts.

Reputation: N1Bet is licensed and regulated by the Curacao eGaming Authority and has an excellent track record of customer satisfaction and safety. Their dedicated customer support team provides 24/7 support.

Games: Another reason why N1Bet is one of the best crypto gambling sites is its innovative bookmaking. Players have a wide range of sports, esports, and live betting options to choose from, as well as over 2500 casino games. You can enjoy modern slot games such as Mega Moolah or Atlantic Megaways, provided by some of the best developers in the industry such as Microgaming or NetEnt.

Bonuses: N1Bet offers a welcome package of up to €400 that can be withdrawn immediately after winning a bet (no need to wager the bonus) + 200 Free Spins.


2.

7 bit casino logo

7Bit Casino

9.76

ACCEPTED CRYPTO

BONUS

Up to €400 + 200 Free Spins

7 bit casino

Cryptocurrencies: Bitcoin, Dogecoin, Litecoin, Ethereum

Safety: 7Bit provides 128-bit encryption to secure their site and protect your personal data and transactions.

Reputation: 7Bit has been around since 2014 and has garnered a cult following of dedicated customers due to their nostalgic retro vibe and consistent quality. They are also fully licensed and regulated by the authorities of Curacao.

Games: This one really stands out from the crowd just with the sheer size of their game library. 7Bit offers a vast and exclusive selection of over 5000 Bitcoin games, including slots, poker, blackjack, and roulette.

Bonuses: 7Bit gives players a 1.5 BTC bonus on their first deposit, 1.25 BTC on the second and third deposits, and 1 BTC on the fourth. They also provide a generous 200 free spins.


3.

BitCasino.io Logo

Bitcasino.io Casino

9.76

ACCEPTED CRYPTO

BONUS

Free spins, chips , & automatic cash rewards

Cryptocurrencies: Bitcoin, Ethereum, Litecoin, Tether, Ripple, Tron, Ada, Doge

Safety: Bitcasino is a fully audited online casino that goes to great lengths to protect its customers. Their site is secured with SSL encryption and you can add an extra protection layer to your account through two-factor authentication.

Reputation: Bitcasino is licensed and regulated by the authorities of Curacao and has a solid reputation to uphold. They care a great deal about customer satisfaction by providing excellent customer support and a record 2 minute withdrawal waiting period.

Games: Bitcasino has an amazing range of games, with over 2300 to choose from! From jackpot slots, roulette, blackjack, baccarat, video poker, or video Bingo, they have it all.

Bonuses: Though Bitcasino does not offer any welcome bonus, they do have a lucrative loyalty program that awards regular players with free spins, chips, and cash rewards.


4.

red dog logo

Red Dog Casino

9.76

ACCEPTED CRYPTO

BONUS

225% bonus + extra 20% for BTC deposits

red dog casino homepage

Cryptocurrencies: Ethereum, Bitcoin

Safety: Red Dog is very serious when it comes to protecting its customers. It secures its website using cutting-edge 256-Bit SSL encryption, premium antivirus suites, and advanced fraud-prevention systems.

Reputation: Red dog is licensed by Curacao – ArbathSolutions and is dedicated to customer satisfaction, with a 24/7 customer support service available to all players.

Games: Red Dog provides over 200 top-notch casino games developed by some of the most well-respected providers, such as RealTime Gaming and Visionary iGaming.

Bonuses: Red Dog stands out with its truly generous promotions section. It offers a
225% welcome bonus (with an extra 20% for BTC and Neosurf deposits) that can be redeemed up to 5 times!


5.

bitstarz logo

BitStarz Casino

9.76

ACCEPTED CRYPTO

BONUS

5 BTC or €/$500 + 205 Free Spins

bitstarz casino homepage

Cryptocurrencies: Bitcoin, Dogecoin, Litecoin, Ethereum, Tether

Safety: Bitstarz spares no expenses when it comes to safety. They employ the very best encryption technology to protect their customers’ data. For an added layer of security, you can use two-factor authentication on your account.

Reputation: Reputation is everything to Bitstarz Casino. They have won many awards from the world’s leading Bitcoin gambling authorities and are dedicated to keeping their customers satisfied. Like many of the best crypto gambling sites, they are also certified and regulated by the authorities in Curacao.

Games: Bitstarz is also very serious about customer satisfaction when it comes to its games. They employ over two dozen software developers to bring you over 3,000 Bitcoin games, including slots, table games, and live casino games.

Bonuses: Their welcome bonus is up 5 BTCs or €/$500, as well as up to 205 free spins.


6.

intertops logo

Intertops Casino

9.76

ACCEPTED CRYPTO

BONUS

125% up to $100

Cryptocurrencies: Bitcoin, Bitcoin Cash, Litecoin

Safety: Your personal data and banking information is secured at Intertops with SSL encryption.

Reputation: Licensed by the Kahnawake Gaming Commission, Intertops has one of the longest histories in the online casino business, dating all the way back to 1996. You can say they’ve been around the block and know all the ins and outs of the gambling world. They are dedicated to keeping their customers coming back with their excellent 24/7 customer support live chat.

Games: They provide a wide range of slots, as well as several solid tabletop games such as roulette, blackjack, and poker. These games are developed by software providers such as WGS Technology and Realtime Gaming.

Bonuses: Intertops offers a generous welcome discount of 125% that goes up to $1000 on your first deposit, along with several other rewards for loyal customers. They provide a special mobile reward every week worth up to $100, as well as a new game almost every week with its respective bonuses.


7.

betonline logo

BetOnline Casino

9.76

ACCEPTED CRYPTO

BONUS

Up to $1000

betonline casino homepage

Cryptocurrencies: Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Stellar

Safety: BetOnline uses SSL encryption to protect player information and ensure secure transactions.

Reputation: This is also one of the oldest online casinos on our list that has been operating since 1991. Licensed and regulated by the gaming commission in Panama City, BetOnline has proven to be a reliable and trusted online casino throughout its many years in the industry.

Games: BetOnline is mainly focused on betting on some of the most popular sports, such as basketball, football, MMA, and even esports. However, it also provides some slots table games, live games, and even scratch-off and Bingo.

Bonuses: BetOnline offers a welcome bonus of up to $1000.


8.

Slots-Empire logo

Slots Empire Casino

9.76

ACCEPTED CRYPTO

BONUS

100% deposit match bonus for a $30 BTC deposit

slots empire casino homepage

Cryptocurrencies: Bitcoin, Ethereum

Safety: Slots Empire uses SSL encryption to secure customer data and transactions.

Reputation: Slots Empire is licensed by the Government of Curacao and has a solid history of customer satisfaction. They provide a dedicated customer support team that can be reached 24/7 via live chat as well as hotlines.

Games: Though Slots Empire doesn’t have the biggest games library, they do offer some quality slots, table games, and live casino games developed by RTG games and Visionary iGaming. As an added perk, you can even try any of these games for free using their demo mode.

Bonuses: This casino offers a bonus like no other. You get a redemption-free, limitless code that gives you a 100% deposit match bonus for a $30 BTC deposit, 120% for up to $75 BTC, or 150% for up to $150 BTC


9.

ignition casino logo

Ignition Casino

9.76

ACCEPTED CRYPTO

BONUS

Bitcoin welcome bonus of 150% up to $3000

ignition casino homepage

Cryptocurrencies: Bitcoin, Bitcoin Cash, Bitcoin SV, Ethereum, Litecoin

Safety: Ignition’s connection is secured using an SSL-encrypted connection, keeping your personal data and transactions protected.

Reputation: Though Ignition does not have an official license, it has been around for a while with no major customer complaints registered. They also work with some of the most well-known gaming companies in the industry.

Games: Ignition has a library of over 300 casino games and offers a $2 million weekly poker prize pool.

Bonuses: Ignition has a unique Bitcoin welcome bonus of 150% up to $3000.


10.

mBit Casino logo

mBit Casino

9.76

ACCEPTED CRYPTO

BONUS

Bonus of 110% up to 1 BTC.

mBit Casino Homepage

Cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, Dogecoin, Tether, Litecoin

Safety: Your personal information and transactions are secured with Encryption.

Reputation: Licensed by the authorities of Curacao, mBit has been around since 2014, providing quality gaming and excellent customer satisfaction.

Games: There are many games to play at mBit, including bitcoin slots, roulette, baccarat, blackjack, live games, and even the lottery. You can also take part in their Bitcoin casino tournaments with no wagering requirements.

Bonuses: They provide a welcome bonus of 110% up to 1 BTC.


11.

cloudbet casino logo

CloudBet Casino

9.76

ACCEPTED CRYPTO

BONUS

100% up to 5 BTC/BCH/ETH welcome bonus.

Cryptocurrencies: Bitcoin, Ethereum, Dogecoin, Tether, Bitcoin Cash, USD Coin, Paxos Standard, PAX Gold, Chainlink, Dai, and more.

Safety: CloudBet uses the latest SSL encryption technology to protect your data and secure your transactions.

Reputation: Operating since 2013, CloudBet is licensed and regulated by the authorities of Curacao. It is a fully audited site that is guaranteed to be fair to its customers.

Games: Although Cloudbet Casino is more focused on sports betting, they do boast some fantastic live table games as well.

Bonuses: They offer a 100% up to 5 BTC/BCH/ETH/PAXG welcome bonus.


12.

stake casino logo

Stake Casino

9.76

ACCEPTED CRYPTO

BONUS

15% lifetime Rakeback

Cryptocurrencies: Bitcoin, Dogecoin, Litecoin, Ethereum, Bitcoin Cash, Ripple, Tron, EOS, and more

Safety: You can protect your Stake account using two-factor authentication.

Reputation: Licensed by the Curacao eGaming Authority, Stake has a history of excellent customer satisfaction. It is also a verified member of the Crypto Gambling Foundation, which guarantees that all its games are provably fair.

Games: They offer a pretty vast selection of 1,021 games, including 16 that are developed exclusively for Stake.com. But perhaps the most enticing feature is their incredibly high Return To Player percentage, which reaches 99% for some games.

Bonuses: Stake doesn’t provide any welcome bonuses at the moment, though you can receive a 15% lifetime Rakeback. It’s available with a special promo code that users apply when signing up.

How to Bet With Crypto

11 Things to Consider When Picking a Crypto Betting Website

When offered so many great options, choosing a winner can be really hard. Still, there are a lot of different factors that come into play when assessing which betting site best addresses your own particular needs and wants.

You wouldn’t want to get started with a site only to discover later on down the line that it wasn’t right for you, would you?

So, we’ve come up with a list of 10 things that you should definitely consider when you pick a crypto betting site.

#1. Restricted Countries

Before you look at anything else, the very first step is to check whether a crypto site is restricted in your country. Some crypto betting sites won’t operate in some countries, but usually, others will. That’ll help you narrow your selection right away!

Most crypto betting sites list the countries where they are licensed in a section called ‘Rules’ or something similar, so figuring out whether a site works where you’re based is as simple as a couple of clicks.

These sites can be restricted for different reasons, including the legal status of cryptocurrency in a country or that of online betting. Additionally, you should also check what the legal minimum age of gambling is in your jurisdiction if there’s a chance of that being an issue!

#2. Reputation and Trust

There’s nothing the media loves more than comparing the world of crypto to the old ‘Wild West’, pouncing on stories of various scams with relish.

And while they’re partially right in that there are risks, finding a crypto gambling site with a good reputation and plenty of trust from the community is a sound solution to this problem.

If you already have transacted or own crypto, you’re probably not a stranger to doing a quick Google or Reddit search about a platform to check out what users say about them.

The same holds true with crypto gambling sites, where a little research can save you a whole lot of worry!

Additionally, rest assured that we’ve weighted reputation and trust when compiling our list of the top crypto sites.

#3. Provably Fair

One of the big reasons a crypto betting site may actually suffer from a negative reputation is if users think that the games are unfair or the odds are somehow stacked against them.

This is something else you should be looking into when assessing a crypto gambling site. Luckily, blockchain technology goes a long way towards ensuring that the games are not only just fair but provably so!

Provably Fair isn’t just a boast or some sort of marketing slogan, it’s an actual software algorithm that protects both you and the betting site from any sort of interference in the game’s rolls and spins.

Even before betting and spinning, the server will send you a seed (or code) that you can compare to the seed displayed after you play the game. If both the seeds match, everything’s definitely above board!

#4. Payout and Withdraw Speeds & Terms

If you’ve gambled online before or simply tried to transfer funds using the traditional financial system, you might have noticed that those same funds take a long, long time to settle. Payouts have been a pain point for a long time, but crypto changes all that!

Crypto transactions are lightning quick and, what’s even better, require no middleman! You are your own bank, and you sign your transactions yourself using your wallet.

Of course, it’s also worth seeing if users have made complaints about a site in regard to payouts and, if so, how they have been handled by the site’s customer service.

#5. Games available

It goes without saying that the best crypto betting sites will offer you a fun variety of games you can use your crypto with!

The very best sites are synonymous with a superb selection of games, making sure to provide you with the ultimate value for your crypto.

A lot of crypto gambling sites will offer plenty of other gaming products aside from just the usual casino games, ranging from crypto poker and crypto blackjack to crypto dice, slots, roulette, and even sportsbooks!

6. VIP programs and Bonuses

Crypto betting sites know that you’ve got a lot of great options to choose from, so they are always competing to offer players the best possible bonuses and VIP programs to take advantage of.

Bonuses can come in many forms, including no-deposit bonuses and free spins for newbies and some amazing VIP programs and perks for those who love the high-roller crypto casinos.

What’s neat is that different sites will offer you different sorts of bonuses and even different VIP program structures, so you can definitely find something out there that works for you!

#7. Security

The best crypto betting sites make sure that they have the most up-to-date security features and licenses.

The right security certificates make sure you’re protected as you use the site, while features like two-factor authentication can really help keep your crypto betting safe.

Basically, licenses are dispensed by various gaming authorities, and sites with these licenses are held to extremely high standards in order to ensure they take the best care of you that they can.

You can usually see what licenses a crypto betting site has on the site’s footer if you navigate to the home page and scroll all the way down. If you want to verify this, you can check the public register of the gaming authorities mentioned. This could be a local authority like the UK Gambling Commission or an international one like Curacao eGaming, for example.

#8. Privacy

If you use or hold cryptocurrencies, you’re probably someone who takes privacy seriously! Betting with crypto definitely helps in that regard, and you can gamble anonymously on many websites.

Not every single crypto dice site offers this, though, so you should definitely check if this is something the site offers before getting set up with them.

#9. Cryptos available

Even if you’re a crypto enthusiast and use it daily, there’s a good chance you have your favorite coins or certain preferences regarding what to use and what to hold. For this reason, it’s good to check which crypto betting sites offer transactions in your preferred cryptocurrency.

After all, actually using cryptocurrencies can be quite different from coin to coin and blockchain to the blockchain. If a site doesn’t offer the crypto you’re used to, you might have to learn and get used to an entirely new ecosystem of exchanges, explorers, wallets, keys, and memos.

A gambling site giving you lots of options is therefore trying its best to make things easy for you, and that’s awesome.

#10. User Interface and Experience

If you’re going to be spending time and crypto on a crypto gambling site, you want to make sure you’re comfortable in all respects.

Being able to navigate the games and systems and find everything you need to on the site can really enhance the user experience, and a site that’s spent plenty of resources on giving you that awesome experience will also have made sure they’re bug-free and stable.

#11. Customer Service

When you choose a provider for any sort of service, or even a regular shop to buy from, customer service is probably pretty high on the list of considerations. Knowing that you will be taken care of should something happen provides invaluable peace of mind!

Nevertheless, this does come with the caveat that blockchains are immutable. This means that if you make a mistake entering an address, choosing a wallet, or something else related to a transaction, it cannot be changed or edited once confirmed. Even the best customer service team may not be able to help you if that sort of thing were to happen.

Overall, though, legit crypto betting sites do take customer service seriously and will try to help you if any issue comes up and the site is at fault, so be on the lookout for 24/7 customer service that you can reach via different channels (text, phone, e-mail, etc).

How We Rated The Crypto Betting Sites

All of the considerations we just listed out might sound like a lot of work to look into, but luckily we’ve done that for you!

These are the different things we took into account when we evaluated the best crypto betting sites you read about above:

  • Reputation: How well regarded the site is by the community and how good their reviews are.
  • Trust: Whether users trust the crypto betting site and what the online sentiment is regarding how they operate.
  • Customer Service: Whether or not the site handles whatever issues users may have quickly and to the satisfaction of customers.
  • Security: We looked at whether the sites have had any breaches in the past and how good their encryption is.
  • Licenses: Is the gambling site is licensed by any local or international gaming regulators?
  • Promotions and Bonuses: These are great for you, so naturally we’ve given this a significant weighting!
  • Provably fair games: Since Provably Fair technology can safeguard both you and the site, we checked to make sure it’s in use.
  • Games available: A large selection of games means that you’re going to have as many choices as you want!
  • Cryptos available: If the site accepts deposits in a wide variety of crypto, the chances are higher that you’ll be able to deposit one that you’re comfortable using.
  • Payouts and Withdrawal: Fast payouts and withdrawals are key factors that we took into consideration in our rankings!
  • Anonymity: What degree of anonymity the crypto betting site is willing to offer you and how much information they need for registration.
  • High Returns: It wouldn’t be fun to gamble without the chance to win big, so we’ve naturally given this a lot of weight in our ratings!

Crypto Betting: Pros & Cons

Crypto is starting to change the way a lot of online businesses operate and gambling sites have quickly realized that it isn’t just something that’s seeing increasing demand but a whole new way of doing things. In turn, this also offers you, the punter, lots of additional benefits.

Of course, crypto betting does have its drawbacks as well so here are some of the pros and cons of crypto gambling sites:

Pros

  • Provably Fair: This technology makes use of blockchain to show you that each spin or roll that you make is fair and not tampered with!
  • Faster Payouts: Crypto removes the middleman (the bank) and features extremely fast transactions. While a traditional bank transfer may take days, even the slowest blockchains can validate your payouts in minutes.
  • Higher Payouts: Since there’s no middleman to impose any restrictions, crypto betting sites are able to raise the ceiling on payouts and let you withdraw some of those big wins faster!
  • Privacy: Blockchain technology doesn’t allow payments to be changed or reversed once confirmed, so crypto betting sites can allow you a little more privacy and in some cases even anonymous gambling!
  • High tech: Betting sites that have adopted crypto know the importance of moving with the time, and are quick, slick, and very easy to use!
  • Games available: For your entertainment, crypto betting sites are offering more and more games for you to play!

Cons

  • Fees: If you use crypto and want to withdraw it to your wallet, you may need to check on that specific blockchain’s fees at the time. During periods of congestion, fees can rise, but they often do fall again when the network usage eases off. Additionally, there are already Layer 2 cryptos that can help reduce fees on popular blockchains, so this shouldn’t be a problem for very long.
  • Regulation: Banks and regulators tend to slow things down and make everything difficult, but they also do come with a layer of safety with things like reversing your transactions. That’s just not possible using crypto, so the responsibility for making sure your funds are going to the right address is all yours.
  • Legality: The legality of crypto can change frequently as countries try to wrest control of their economies, so you do need to keep up to date on whether your country of residence has changed its legal stance on crypto.

Crypto Betting Sites Bonuses

Most crypto betting sites offer incredible bonuses and promotions, but your style of gambling may define which sort of these bonuses you can best take advantage of.

Here are some of the most frequently offered ones:

  • Deposit Bonuses. This is often a welcome bonus when you make a deposit, normally a ‘match’ bonus where the site will match a percentage of your deposit, thus giving you more to play with!
  • Reload Bonuses. Some crypto betting sites may offer you a bonus to deposit multiple times. This is a ‘reload’, and if you play regularly with a site you might be able to take advantage of this. They’re a lot like welcome bonuses and usually come with similar prerequisites.
  • Free Spins/Free Rolls. Who doesn’t like a Free Spin? These will give you a chance to win without even needing to wager anything, although they’re normally offered as incentives.
  • No-deposit Bonuses. These are extremely popular and can be rare. That’s because when a site is offering a no-deposit bonus, you can simply claim a bonus without needing to deposit funds! Keep an eye out for sites that might offer these just for opening an account.
  • No-wagering Bonuses. This one’s another super popular bonus, especially because you can claim and use it and then, most importantly, withdraw it to your wallet without any other restrictions!
  • Loyalty. These bonuses offer you points for playing and can result in other bonuses, making them a great incentive to stick with a crypto betting site that you like.
  • VIP Programs. If you’re a high roller, enrolling in these means you’ll enjoy increased bonuses, exclusive promotions, event invites, and a whole host of other perks!

Crypto Betting FAQ

If you still have some questions left about crypto betting, take a look at these frequently asked questions on the subject:

#1. Is Crypto Betting Legal?

Whether crypto gambling is legal or not will really depend on where you live. If, for example, your country doesn’t allow online gambling, then crypto betting itself is out of the question.

If your country does allow online gambling, you then need to figure out what their stance is on crypto. It is legal in most countries and used widely in places like Europe and the United States of America. Unfortunately, there are plenty of states that have banned crypto and it’s worthwhile making sure yours isn’t on that list.

The next factor is the licensing situation of the crypto betting site itself. As we already mentioned, certain sites might not be licensed where you live even if crypto and online gambling are legal. In that case, all you need to do is find a site that does operate in your country.

Last but not least, if you’re a younger punter, you do need to make sure you’re above the minimum age requirement for online gambling where you live.

#2. What Online Casinos Accept Crypto?

More and more online casinos are accepting crypto now as their benefits become apparent to all. Despite the definite volatility in prices cryptocurrency holders experience, they are fast and offer plenty of advantages!

We’ve curated a list of online gambling sites that accept crypto earlier in this article, so just scroll up to the top and check them out!

#3. How Can I Deposit Money on a Crypto Betting Website?

If you haven’t transacted crypto before, it’s very understandable that you might be a little nervous! We’re all very used to paying for stuff online with our credit cards and even making bank transfers, but cryptocurrency is a whole new system.

So, let’s try and break it down into some simple steps here:

  • Set up and get comfortable with your crypto wallet. This may come in several forms, from an account at a Cryptocurrency exchange, a browser plug-in like Metamask, an electronic wallet like Ledger or Trezor, or even a paper wallet
  • Fund your wallet by acquiring crypto from some source, typically an exchange, and transferring it over
  • If you’re new to crypto, make sure to choose the correct blockchain when you transfer crypto! You can’t move Ether on Bitcoin’s blockchain!
  • Log in to your crypto dice site of choice and navigate to the cashier
  • Choose Deposit
  • Select the crypto you want to use and the relevant wallet option
  • Enter the amount you want to deposit
  • Make sure to accept any offered welcome bonuses!
  • Double-check the amount you choose to deposit, and triple check the keys provided to you by the cashier that you’ll use to deposit to
  • Wait for verification that the transaction has been completed. You will be able to check on its status using a blockchain explorer at any time!
  • Start playing dice with your crypto and winning big!

#4. Can I Bet With Crypto Using My Mobile?

Most crypto betting sites are very aware that getting your phone out and having a flutter is a lot easier than spending ages booting up a PC.

That’s why you’ll find that most of the top sites are optimized for mobile browsers and even save your bandwidth since you don’t need to download any apps!

The only thing you might have to do is figure out how to use your crypto wallet with your mobile device. If that’s an issue, you can of course use your main device to take care of the fund transfers, then get back onto your mobile to log in and play!

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