It’s finally here! The esports betting boom of the last decade has seen esports betting enthusiasts cash out big winnings. And the best part is, you can now bet on esports games with bitcoin, allowing you to win crypto through esports betting.
As cryptocurrencies continue to grow in popularity and adoption, online bitcoin sportsbooks have expanded their sportsbook offering to include esports betting. Let us tell you all about bitcoin sports betting with cryptocurrencies and how it can help you win big. But before we delve into that, let’s first understand what bitcoin is and how it can be used for betting. If you are looking for crypto gambling sites that accept bitcoin, this blog is for you.
Best Bitcoin Esports Betting Sites
– Bitcoin sports betting sites offer a variety of bonus offerings to draw in new players. Some of the best bitcoin sports betting sites include Betcoin, Sportsbet.io, Cloudbet, and Nitrogen. Each of these sites offers a wide variety of bonus offers for new players, from cashback percentages on deposits to free bets and games.
– Bitcoin esports betting sites also offer gamers incentives for betting with bitcoin. Some of the best bitcoin esports betting sites include LuckyBlock and Stake. These gaming platforms offer attractive bonuses and promos such as welcome bonuses and reload bonuses.
– While it is important to review bitcoin gambling websites for fairness and integrity, there are several reliable bitcoin sports betting sites worth consideration.
6 Factors To Consider When Choosing Your Bitcoin eSports Betting Site
There are many bitcoin betting sites out there, but how do you choose the best bitcoin betting site for your needs? Before making a decision, it’s important to consider several factors.
– Legal and trustworthy status: It’s vital to choose a bitcoin betting site with legal status and high credibility among players. This will ensure the safety of your funds and the validity of your betting transactions. – Look for payment options: When choosing a bitcoin betting site, consider its payment options. Besides fiat currencies, various cryptocurrencies can be used for payment.
This will allow you to access your funds easily and without having to handle multiple currencies. – Check gaming features: Before funding a bitcoin betting account, it’s vital to evaluate the gaming features offered by the site. Look for sites that offer diverse games, such as sports betting, casino games, and eSports games. – User experience: When choosing a bitcoin betting site, consider the user experience of the platform. This includes ease of navigation and customer support service.
#1 Restricted Countries
There may be country restrictions when it comes to bitcoin esports betting sites. However, crypto users can easily bypass such barriers if the site support cryptocurrency transactions from gambling-restricted countries. Some of the restricted countries include France, Netherlands, Sweden, Malta, Poland, US, UK, and Northern Ireland. Other countries that may have restrictions on bitcoin esports betting include Australia, Czech Republic, and the US.
As a result, visitors must comply with the regulations and norms about using cryptocurrencies in their respective jurisdictions. Besides that, players must also follow their gaming platform’s rules and requirements before betting.
#2 Reputation and Trust
Reputation is an important factor to consider when choosing a Bitcoin eSports betting site. It can help in identifying the authenticity of the betting site and shows the credibility of the service. Reviewing other users’ reviews can help determine the reputation of a site. Reputation can be determined by looking at several factors, including reviews from other users, support from other communities, and transparency of the Bitcoin gambling platform. Additionally, blockchain technology allows users to access information securely and instantly through a decentralized network. This ensures that winnings and losses are accurately recorded and can’t be altered or disputed. BetOnline has a fair reputation depending on who you ask.
#3 eSports Available
E-sports betting can be exciting and profitable if done correctly. However, it can be challenging to choose the best site for your needs. There are a variety of factors to consider when choosing an e-sports betting site. First, ensure that the site offers wagers on various games, such as shooter/RTS and sports games. Popular games for betting include CS:GO and DOTA 2.
Another important factor to consider is the payout rate of the site. These rates can vary significantly from one site to another, so it’s important to research the payout rates of several different sites before making a decision. Finally, make sure that an e-sport you’re betting on has a spectator mode, match-making system, map layouts, game balance, and other competitive elements required for betting legally and safely.
#4 VIP Programs and Bonuses
Players can make the most of various bonus options when betting on esports with Bitcoin. From cashback bonuses to reload bonuses, there are many different ways to maximize your winnings. Some Bitcoin betting sites offer a no deposit bonus for new players, which can help you start betting immediately without making a sizable investment of your own.
Some sites also offer VIP programs for regular and loyal players, which can include rewards such as rakeback or reload bonuses. When it comes to finding the best Bitcoin betting site for your needs, be sure to take into account factors like bonus options and customer support.
#5 Payout and Withdraw Speeds & Terms
When choosing an esports betting site, one must consider factors such as payout and withdrawal speeds, payment methods, and security. Bitcoin offers faster withdrawal processing times than other payment options, such as debit and credit cards.
It can take only a few minutes for bitcoin transactions to process. This makes it a convenient method of payment for users who want to avoid the long wait time of traditional payment systems. With its anonymous nature, bitcoin allows users to remain secure while making online payments without providing personal information.
When depositing or withdrawing money on an esports betting site, users must provide wallet addresses and other details. This can be done using the provided deposit or withdrawal form on the website. Overall, choosing a bitcoin betting site can be challenging but it is essential for ensuring that you get the best possible experience and winnings in your gambling endeavors.
#6 Customer Service
Customer service is an essential feature of Bitcoin-based esports betting sites. These sites allow users to deposit, transfer, and withdraw crypto funds easily and instantly, but that can quickly become a hassle if customer support isn’t up to the task.
Crypto-based sports betting sites must offer 24/7 live chat support and phone support for faster assistance. In addition, it’s vital that customer support teams be knowledgeable, responsive, and available via multiple channels. A successful crypto-based sports betting site must provide quality customer support to ensure a smooth online gaming experience for its users.
What is Esports?
– Esports refers to competitive video gaming, played by professional gamers, amateurs, and everyday people.
– Skin betting is a type of gambling in esports where players wager on cosmetic features of games.
– The global esports industry has generated $500 million in revenue and an audience of 250 million people worldwide.
– Players can bet on esports using a range of digital currencies through crypto gambling sites.
– These sites offer various types of betting, from predicting the winners of esports matches to betting on the amount of money a player wins during a match.
– As with traditional gambling formats, there exist different risks and rewards for players betting on esports. However, with the right knowledge and skills, anyone can win big playing games online.
What is Bitcoin?
Bitcoin is a digital currency created by Satoshi Nakamoto in 2009. Unlike fiat currencies, such as the U.S. dollar, bitcoin is not controlled by a single monetary authority but rather is validated by a decentralized network of computers around the world. Through this system, called blockchain, transactions can be made without intermediaries, and the issuance and management of bitcoin is done collectively by its users. Bitcoin has gained popularity among both crypto-anarchists and financial specialists because of its potential to innovate the current financial system. Many companies, sectors, and businesses are now accepting digital currencies as payment method. That’s why experts have identified a growth in adoption of digital currencies as a sign of its emergence as the future of the global financial system.
The most popular Esports games
– Popular esports games include first-person shooter games like Counter-Strike Global Offensive (CSGO), multiplayer battle arena games like League of Legends, and real-time strategy games such as StarCraft II.
– These games are popular among gamers globally for their competitive nature and innovative features.
– Most of these games are available online for free, making them accessible to many people.
– Popular esports tournaments can have cash prizes of up to $20 million.
– Over 250 million gamers worldwide compete in esports tournaments every year.
– There are various betting options available on esports games. You can place online wagers on the results of the games or participate in live betting events where you can bet on the outcome of a match or tournament directly with other betting participants.
– If you’re new to betting on esports games, you can start with lower-risk wagers, such as predicting the winner of a game or placing a bet on which team will win a match.
There is no right or wrong way to wager on esports games. You can choose any option that appeals to you and your budget.
Dota 2
Dota 2 is a popular esports game with The International tournament held annually featuring the best players from around the world. The International has a prize pool of over $25 million and is one of the most prestigious esports tournaments in the world. Betting on Dota 2 can be lucrative, especially during The International tournament. Fans of the game enjoy watching live matches online via streaming services such as Twitch.
Dota 2 games can also be played on PC and consoles. In addition, viewers can watch matches through live streams on websites such as Twitch. Overall, Dota 2 is a high-profile game that offers betting opportunities for those who like betting on sports and esports.
League of Legends
League of Legends is a real-time battle arena game created in 2009 by Riot Games. It is distributed according to the free-to-play model with a monthly audience of over 120 million players. Players of League of Legends have been equated to professional athletes by the US government in 2013, allowing them to receive P-1 athlete visas.
The game combines elements of real-time strategy and role-playing video games, making it a challenging and engaging experience for players of all skill levels. The game can be played on a variety of platforms, including personal computers and gaming consoles. As an e-sports title, League of Legends has attracted large audiences and has been widely supported by betting platforms that offer betting on various esports games.
Esports betting is supported by many top sportsbook platforms and include games such as League of Legends. As an online betting option, esports betting offers you the ability to wager on competitive games from the comfort of your home or office desk.
StarCraft 2
Starcraft 2 is a real-time strategy game developed by Blizzard Entertainment. The game has been praised for its engaging gameplay and compelling storyline. It currently has a global following of over 10 million players, with both international and South Korean events available for crypto esports betting. Crypto sports betting can be incredibly exciting, as it allows crypto gamers to wager on the outcome of esports matches without any risk of financial loss. Watching two players battle in StarCraft 2 can be an exciting experience for crypto sports bettors, and can help them learn more about the game and its players.
The high-quality games in this popular esports game make it appealing for both casual gamers and those looking for a more challenging experience. In addition to crypto sports betting, StarCraft 2 betting odds are also available online, making it easy for crypto sports bettors to place wagers on their favorite teams and players. When combined with the compelling storylines of professional gaming, StarCraft 2 is a great choice for crypto sports betting fans looking for a thrilling way to spend their time and money online.
Mortal Kombat X
Mortal Kombat X is a popular fighting game developed by NetherRealm Studios. The game can be played from multiple platforms, including PC, PlayStation 4, and Xbox One. It is the tenth game in the main series of Mortal Kombat. Players can use bitcoins to wager on their success in this game. Main characters have three variations of combat with unique skills and abilities. They can interact with the surrounding environment and use background components as weapons.
The best part about Mortal Kombat X is that it allows players to create their own fighting style through its extensive character customization options. The game offers a wide range of different fighters, so gamers can find one that suits their preferences best. Whether you play online or offline, Mortal Kombat X has something for everyone.
Heroes of the Storm
Heroes of the Storm is an online game developed by Blizzard Entertainment. It was first released in 2015 and can be played for free. The game has numerous micro-transactions but can be played without them. The main aim of Heroes of the Storm is to destroy the enemy stronghold, known as a tower, with the help of a team of five players, known as a roster. Each player controls one of the game’s diverse range of characters, known as heroes, which can each excel in a unique way. The game is based on the universe of various Blizzard games and features characters from multiple games in the franchise.
Counter–Strike: Global Offensive
Counter-Strike: Global Offensive is a hugely popular first-person shooter (FPS) game amongst Bitcoin users. It is the most successful e-sports league in terms of tournament earnings, with various global tournaments paying out more than $10 million a year over the course of several hundred events. The games of CS:GO involve two teams fighting on various maps with a key aim for each team, such as rescuing a hostage or planting a bomb. Overall, CS:GO games involve fast-paced action and require players to make critical decisions in seconds.
CS:GO tournaments pay out more than $10 million per year over the course of several hundred events. This shows that CS:GO games are extremely popular and generate high revenues for their developers and tournament organizers. Overall, CS:GO is one of the most popular esports games today and has proven to be an excellent source of revenue for its community and developers.
How to gamble Esports with bitcoins
– Bitcoin betting allows users to access global markets for gambling.
– Transactions are faster and more secure than other payment methods, such as credit card or PayTM.
– Besides, bitcoin betting sites accept payments in cryptocurrencies without any hassles. This makes it the go-to payment method for bitcoin gambling platforms.
– There is also a rising demand for bitcoin betting sites from online gaming entertainment websites due to its anonymity, quick transactions, and global reach.
– Overall, bitcoin betting offers a convenient and safe way of gambling online with cryptocurrencies.
Advantages of using bitcoins in Esports gambling
With the growing popularity of cryptocurrencies, more and more Esports betting sites are accepting bitcoin as payment for betting. This is an easy and secure method of payment for both players and bookmakers. Bitcoins offer the highest security for all transactions, making them an attractive option for online gambling. Bitcoin balances can be generated in seconds and for free, which means that no wallet address is required to create a bitcoin wallet. Additionally, bitcoin transactions are anonymous, making them ideal for engaging in illegal gambling activities.
Withdrawals with bitcoin do not incur additional fees, making them a cost-efficient payment option. However, large sum transactions with bitcoin may incur extra fees. Besides, due to its volatile nature and increased demand, bitcoin is also prone to higher price fluctuations than traditional currencies.
Why Use Bitcoin for eSports Betting?
With cryptocurrencies, sports betting has become more accessible and enjoyable than ever before. In the traditional world of sports betting, it can take days for funds to deposit into your online account and sometimes result in losses due to betting exchanges. However, with cryptocurrencies, cryptocurrency sports betting allows users to instantly fund their accounts and enjoy secure betting on esports games with minimal hassle.
Cryptocurrencies offer bettors the benefits of blockchain technology. This includes reliable transactions and winnings tracking. Also, blockchain technology can reduce the chance of gaming fraud by providing proof of bet validity among other features.
Aside from crypto sports betting platform, traditional betting sites have also started offering crypto sports betting options alongside traditional games such as football and tennis.
Transaction speed
Bitcoin (BTC) transactions can be completed in a few seconds or minutes, making it an ideal choice for online betting and gambling. Other cryptocurrencies also have faster transaction speeds, such as Bitcoin Cash (BCH) and Dogecoin (DOGE). Instant payments and transfers are possible through the use of Tether (USDT) or other crypto payment methods, such as crypto wallets. These methods allow for instantaneous and secure transactions, which are essential for online betting. One of the best aspects of bitcoin is its security. Due to its decentralized nature and digital nature, bitcoin is considered one of the most secure currencies to use for betting online.
Security
Using Bitcoin for esports betting offers a number of benefits over other payment methods. For one, Bitcoin offers enhanced security over fiat currency betting platforms due to its blockchain networks and secure encryption protocols. Bitcoin transactions are trackable on a public ledger, which allows users to ensure the safety of their winnings. Additionally, bitcoin funding is anonymous, as bettors are not required to provide personal information during the process of placing a wager. This makes it possible to place bets from anywhere in the world with relative ease and security.
The best method for ensuring the safety of esports betting would be to use multiple layers of security, such as using two-factor authentication whenever possible and periodically changing passwords for online accounts. Additionally, users must take care when choosing trusted esports betting sites; while there are plenty of legitimate betting sites offering fair odds and legitimate payout formats, there are also many scams operating in the industry. Users must always proceed with caution and look out for any suspicious activity or unusual payout requests when making sports betting online.
Besides, it’s always important to remember that online gambling can be risky if you aren’t careful. So proceed with caution and only engage in online sports betting if you are confident in the site’s integrity and have done your research first!
Anonymity
Bitcoin offers a way to anonymously access online gambling platforms. Creating an anonymous account can be done using just an email and digital wallet with Looselines. However, some sites, such as Bovada.lv and BetOnline, do not allow anonymous gambling. They require players to provide personal information during registration. Only GTBets allows anonymous betting with a sixth deposit and requires KYC requirements for all of its users. With the anonymity offered by bitcoin, users can securely wager money without providing sensitive personal information. This can make gaming more engaging and exciting, while also keeping players safe.
Best Esports Bitcoin Betting Bonuses
There are many online betting sites that offer lucrative cash and bonus deals for esports betting. But the best gaming sites give away sign-up bonuses and reload bonuses to attract new customers. These bonuses can come in the form of cash, points, and other perks.
Some gaming sites also offer free bets on certain events or matches. With these, you can get money back if you win or lose. In addition, some gaming sites offer cashback rewards on betting as a form of incentive for betting online. You can find online gambling sites that suit your needs and preferences by using this tip.
Cashbacks
Some esports betting sites offer cashback rewards for players who wager with them. Cashback rewards are typically credited back to the player’s account in the form of bonus money, free bets, or funds deposited into the account. The amount of cashback offered by a particular esports betting site can vary from 5-20% of the total wager value, depending on the site. Some sites may also have minimum withdrawal requirements before cashing out the cashback bonus. Overall, cashback offers an incentive for players to join and stay active in esports betting programs. They help attract new players and promote a fair and transparent gaming environment.
While cashback offers are a welcome addition to esports betting platforms, it is important to note that they should be considered as part of a balanced betting strategy. Players mustn’t rely solely on cashback incentives to make decisions about their betting activity. Instead, they should consider all the factors involved, such as win or lose ratios and other features of a betting platform, before placing a bet.
Matched Deposit Bonus
Matched deposit bonuses are the most common bonus offered at esports casinos. They match a player’s deposit up to a certain maximum reward, making it possible for players to gain more from their wager. Crypto eSports betting platforms offer bonus offers of 500-1,000 Euro matched deposit bonus. Crypto betting sites also often offer bonus percentages on winnings, with some rewarding up to 20-30% of a player’s earnings. Other bonuses can be earned by signing up for special promotions or buying crypto-related products and services from the casino. Matched deposit bonuses can make it easier for players to bet on esports games and gain from their winnings.
Free Bets
Bitcoin esports bettors can benefit from free bets as a welcome bonus, with Winz.io offering up to $20 of risk-free bets for new players. No deposit bonuses are also available for those looking to start betting with Bitcoin, providing players with free money to wager with. Some bitcoin esports betting sites also offer casino games, such as live casino and card games, as an alternative way to win money. Additionally, gambling winnings from Bitcoin esports betting are exempt from taxation as the flow of money is unregulated. Winz.io offers up to 300 free spins as a welcome bonus, with the minimum deposit ranging between 0.001 BTC to 0.004 BTC. The diversity of bitcoin esports betting options allows gamblers of all interests and skills to find success in this exciting and rapidly growing industry.
No Deposit Bonuses
No deposit bonuses are the best way for new esports betting players to get started and win money. No deposit bonuses offer a free chance to wager with, without making an actual deposit. These bonuses can be seen as rewards for signing up to an esports betting site.
With no deposit bonus, there is no risk of losing any of your own money if you lose a bet. Transactions through cryptocurrency are irreversible, meaning that no chargeback can be initiated. This makes crypto gambling safe and secure for all users.
crypto gambling offers many advantages, such as low fees and fast payment times. Bitcoin provides users with the benefit of avoiding third-party payment gateways such as banks, which can result in costly fees. Overall, No deposit bonus are essential for new esports betting players to win money and stay safe while betting online.
VIP Rewards
Bitcoin gambling sites offer bonuses to players willing to take advantage of the crypto-currency. They can make the most of these bonuses by wagering a certain amount in bitcoin. Some betting sites also require certain criteria be met before becoming a member of the VIP club, such as wagering a minimum amount. Stake Gambling has a VIP club for top players, but users will need to wager at least $10,000 to become a member. Other bitcoin gaming sites provide individual welcome bonuses for video poker and casino players, making it easier for gamers to find the best bonus for their gaming needs.
Besides crypto-currency bonuses, bitcoin gambling sites also offer various other perks, making it an appealing option for players looking to maximize their winnings from online betting.
Giveaways
Esports Bitcoin betting is a growing trend as more and more online sportsbooks offer promotions and bonuses to attract new and returning players. Some of these bonuses can match up to the value of the Bitcoin deposit, depending on the sportsbook. Entertainment companies are also accepting Bitcoin and other cryptocurrencies as payment, allowing players to access an online account to deposit funds. Crypto betting sites provide a secure way to wager online, with an easy process and secure transactions. As crypto-friendly online casinos and sportsbooks continue to promote esports Bitcoin betting, it will become increasingly popular among athletes, sports fans, and crypto-enthusiasts everywhere.
How to Bet on Esports Sports with Bitcoin
If you want to bet on esports, you can use bitcoin to do so. There are many bitcoin betting sites online, but it is best to use a wallet-based platform as it ensures the safety of money. Every bitcoin wallet has a unique address, which is used to receive and send bitcoin transactions.
A bitcoin wallet is equivalent to a digital bank account that allows users to make payments using bitcoin. Users can deposit funds using fiat currency and can withdraw the funds at any time. However, there are times when bitcoin wallets get hacked. In such cases, it is essential to keep a backup of the wallet and its private key in a secure place.
One of the best bitcoin betting sites online is Unikrn. It provides gamers with a range of betting options, including esports wagering games on popular leagues like Counter-Strike: Global Offensive, League of Legends, Call of Duty, and more. Money can be transferred instantly once the bet is placed and there are free bets for new customers.
Step 1: Sign Up on Lucky Block Casino
Lucky Block casino is a popular gaming platform that specializes in crypto gambling. It allows users to spend their digital currencies on a wide array of games, from slots and blackjack to baccarat and Roulette. The casino also has an extensive list of live casino games, including games like poker and roulette.
One of the best features of Lucky Block casino is its live streaming of esports games. This allows players to wager on in-play betting with their digital currencies. Players can also benefit from a 15% cashback on their losses accumulated during the first seven days of signing up as well as a $10,000 LBLOCK airdrop giveaway in December 2022. This casino truly has something for everyone, whether you’re a crypto enthusiast or just looking for some casual gambling fun.
Step 2: Deposit Cryptocurrency
Cryptocurrency betting sites are becoming increasingly popular for esports events. To deposit cryptocurrency, log onto your esports betting site and choose the deposit option. Input the required information, such as the wallet address and payment method, and start depositing crypto. Once your crypto is successfully deposited, you can either keep it in the wallet or withdraw it to your personal wallet. Withdrawing winnings from crypto betting sites can be done in a similar fashion. All you need to do is choose the cryptocurrency of your choice as your payment method and provide the wallet address. Winnings from crypto betting sites are often tax free, which makes them an attractive option for sports bettors who want to save on taxes.
Step 3: Select an Esports Sporting Market
Esports is a fast-growing and popular global sports league that allows gamers of all skill levels to compete in various games, from first-person shooters to multiplayer battle arena games. People can wager on esports matches, but only if all players are 18 years of age or older.
The esports market, which is currently worth over $500 million dollars, has attracted a large and engaged audience. Interest in the genre has grown steadily over the last several years and continues to do so as new games are released and more games are added to the list of popular titles. At present, there are more than 240 million esports fans worldwide.
To facilitate betting on esports matches, most gaming websites accept Bitcoin as a form of payment. However, a gambling license is required to legally wager on these games.
Step 4: Place Esports Bet
Betting on esports is simple and secure with Bitcoin. Before placing an esports bet, make sure to read the rules and regulations of the betting site and look for things like minimum deposit, winnings limit, and fees or commissions. Once you’ve done your research, choose the esports match you want to wager on and decide how much you want to wager. Next, enter the details of your esports Bitcoin bet, from wager amount to confirmations. Once you’ve entered all of the information and confirmed your wager, it’s time to place that bet. You can do this online or via phone app if desired. When you win or lose a esports Bitcoin bet, it’s automatically transferred to your wallet address.