Bitcoin Betting Guide 2020

Best Bitcoin betting bonuses for January 2020:

• 22Bet offers a 100% first deposit bonus up to 122 € to sports betting.
• Cloudbet has a huge first deposit bonus of 100% up to 5 BTC – also to betting!
• 1xBit offers very good first deposit bonus of 100% up to 1 BTC – for casino and sports betting.

This page contains affiliate links. Read the affiliate disclosure here.

Bitcoin betting guide

Bitcoin betting benefits from Bitcoin’s unique features. The main benefits are anonymity, almost instant deposits and withdraws and a wide variety of betting choices in the gaming sites. Here is the Bitcoin’s unique features explained in more detail.

Anonymity. You don’t have to provide your real name, home address, phone number, credit card number or ID/Passport just to request a payout. In most Bitcoin gambling sites you only need a working email address and a Bitcoin address to deposit and withdraw your money and possible winnings.

Instant deposits and withdraws. Bitcoin sportsbook sites allow for nearly instant deposits and withdrawals. This is an excellent feature if you want to place a quick bet and the games are starting soon. Or if you happen to win a big amount of Bitcoins in betting, it is always nice to have to money right away to your Bitcoin address.

The lobby of Cloudbet, one of the best Bitcoin sports betting sites.

A lot of sports choices in Bitcoin betting. From English Premier League down to Baseball and Bitcoin eSports Betting, pretty much all of the BTC Betting sites have them all. Most gambling companies offer for example these sports leagues or types:

• English Premier League
• France Ligue 1
• Baseball MLB
• Basketball WNBA
• Canada CFL
• eSports
• Champions League

• Soccer
• American Football
• Aussie Rules
• Baseball
• Basketball Men
• Basketball Women
• Boxing, UFC and other martial arts and MMA
• Cricket
• eSports
• Golf
• Icehockey
• Rugby
• Snooker
• Tennis
• Volleyball

Competitive Odds. Odds in Bitcoin sportsbook sites are usually very good, because the Bitcoin transfer costs are much lower than with regular currency. You can also create many accounts to different Bitcoin Betting sites and choose the best odds to your specific game.

Bitcoin live bets

You can also make live bets using Bitcoin. Many Bitcoin gambling sites offer the possibility to bet while the game is on. This can include numerous sporting events for you to bet bitcoins to. Sports can range from Soccer, American Football, Basketball, Baseball, Handball, Ice Hockey, Volleyball, F1 Formulas or Tennis. The odds can change during the game and that makes live betting so interesting. If you are quick and good in reading the game momentum changes, you can make a good profit with live betting.

Many betting sites offer live bets. Here’s an example of a Bitcoin live betting page at Cloudbet.

Bitcoin betting exchange

In betting exchange you don’t bet against the betting site, but rather you make bets against other players. The Bitcoin betting exchange acts as an intermediary for players. There isn’t yet many betting exchanges which offer support to cryptocurrencies, but I will inform you right away when I find a reputable one.

Final thoughts

This was my article about the best Bitcoin betting sites in 2020. More sites and reviews are coming soon, so stay tuned for updates!