2023 Online Sportsbooks Accepting Bitcoin
Bitcoin sportsbooks are not hard to find, with many of the best online sportsbooks in the US offering the method for deposits, withdrawals, and bonus redemptions. Bitcoin has become one of the premier transactional methods at online betting sites because of the security, speed, and reliability of the method. When using Bitcoin sportsbooks taking US players to, there are no fees attached or risk of denial when it comes to making deposits. This page breaks down all of the best sportsbooks accepting Bitcoin, the steps for using it at online betting sites, and the bonus info/limits for all transactions.
Bitcoin payouts at Bovada are lightning fast, with transactions having an average speed of 30 seconds across the US. As long as you have your crypto wallet address handy, the entire process takes less than five minutes. Once Bovada receives the request and they know where to transfer your winnings, Bitcoin bettors can sit back and watch the funds hit their wallet. On top of the speed, BTC withdrawals at Bovada have no fees anytime and are one of the most secure options for depositing at US online books.
An excellent Bitcoin sportsbook for the high rollers, BetOnline offers a sky-high max deposit of $500,000 for BTC users. Their transactions have no fees applied, and processing time is instant, even for big money transfers like that. Their withdrawals are similarly generous, as you are able to take out as much as $100,000 when you withdraw from BetOnline.
A sportsbook that has been a longtime crypto adopter, MyBookie conforms to industry standards by not assessing any fees on bitcoin usage, as well as allowing transfers to happen nearly immediately, although they do give themselves up to 24 hours to fully process transfers. In our experience, this is rare, and their BTC transfers tend to be instant, but it is possible.
One of the more diverse cryptocurrency sportsbooks, it would be more of a shock if SportsBetting didn’t accept bitcoin than if it did. It operates similar to BetOnline in that it accepts up to $500,000 in BTC and will pay out up to $100,000 in BTC at any given time. No fees are applied to bitcoin usage and transfers of bitcoin are instantaneous.
Like MyBookie, XBet gives themselves a bit of a grace period - up to 24 hours - to process Bitcoin withdrawals and deposits. It is unlikely in the extreme that they actually need this grace period, but it is possible. XBet does not have any specific crypto bonuses, which is a knock against them as a crypto sportsbook.
How To Deposit With Bitcoin At Online Sportsbooks
- Choose your Bitcoin sportsbook (Bovada is the recommended option)
- Sign up for a crypto exchange site like Coinbase or crypto.com
- Purchase Bitcoin and keep it in the crypto wallet on the exchange site
- Go to the banking section of your sportsbook and start the deposit process
- After selecting BTC and the deposit amount, copy the address that is generated
- Go back to your crypto wallet and request a transfer of funds
- For the receiver address, paste the address that was generated by your sportsbook
- Confirm the transaction and sit back while the Bitcoin hits your bankroll
Bitcoin Sportsbook Bonuses
The bonuses associated with Bitcoin are a big part of the reason that the digital currency has become so popular and widely accepted amongst USA online sportsbooks. There are many different types of sportsbook bonuses that can be claimed by new bettors in the US, with Bitcoin transactions typically giving you the highest deposit matches. Just like with any bonus, there are rollovers attached and a limit for how much can be matched in betting credits for each of the following sportsbooks:
| Site: | Bonus: | Percent: | Up To: | Rollover: |
|---|---|---|---|---|
 |
Bitcoin Welcome Bonus | 75% | $750 | 5x |
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1st Time Crypto Bonus | 100% | $1,000.00 | 14x |
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1st Time Crypto Bonus | 100% | $1,000.00 | 14x |
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Welcome Bonus | 50% | $1,500 | 10x |
Benefits Of Using Bitcoin To Deposit Into Online Sportsbooks
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- 100% Success Rate On Deposits - Bitcoin is not tied to any nation and therefore cannot be regulated by any nation. While the U.S. can attempt to stop transactions to and from betting websites that involve U.S. currency, they cannot do anything about exchanges using Bitcoin.
- No Surcharge When Used At Online Sportsbooks - Currently most other sportsbook deposit methods on other betting sites incur some form of fee charged by the service used to deposit. Because depositing with Bitcoin is essentially exchanging one form of currency for another, there is no fee.
- Quick + Instant Deposit Capabilities - Bitcoin is very quick to deposit, with most transactions being processed within 1 to 2 hours. Many forms of deposits often can take days or weeks to ship to the provider of a site and then be processed by said provider. Bitcoin is exchanged over the Internet and therefore are converted and credited relatively quickly.
- Big Bonuses - The bonuses available at many online sportsbooks for using bitcoin are enormous. The sportsbooks love bitcoin players - they just do! This means that you generally get the best signup and deposit bonuses when you deposit with bitcoin as opposed to other methods of deposit.
Drawbacks Of Using Bitcoin To Make Sportsbook Deposits
There are not very many downsides to using Bitcoin at online sportsbooks, as the method is recommended by almost every betting site that accepts the the currency. The only real drawback is that not every online sportsbook in the US accepts cryptocurrency. Bovada and other internationally regulated sites do but the in state regulated books like DraftKings or FanDuel are not currently accepting the method.
Bitcoin Sportsbook Deposit Limits
| Sportsbook: | Min: | Max: | Fee: | Time: |
|---|---|---|---|---|
|
$10 | $5,000 | Free | Instant |
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$25 | $5,000 | Free | Less Than 24 Hours |
|
$20 | $500,000 | Free | Instant |
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$25 | $5,000 | Free | Less Than 24 Hours |
|
$20 | $500,000 | Free | Instant |
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$10 | $50,000 | Free | Instant |
Using Bitcoin To Withdraw From Online Sportsbooks
The process of making sportsbook withdrawals is simple and stress free when using Bitcoin. There are no fees attached to this method when making a payout request or receiving the funds. Bitcoin is one of the fastest payout methods and can take anywhere from 30 seconds to 48 hours for sportsbooks to transfer the money into your wallet.
How To Withdraw With Bitcoin At Online Sportsbooks
- Log into your sportsbook account and head to the banking section
- Click the payout request button and type in the amount you want to withdraw
- Head to the crypto exchange site you want the BTC sent to and copy your wallet address
- Go back to your sportsbook and paste the address for the withdrawal
- Confirm the withdrawal and wait for the transaction to process
Limits For Bitcoin Withdrawals
| Sportsbook: | Min: | Max: | Fee: | Time: |
|---|---|---|---|---|
|
$10 | $9,500 | Free | Less Than 24 Hours |
|
$25 | $5,000 | Free | Less Than 24 Hours |
|
$100 | $100,000 | Free | Instant |
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$25 | $5,000 | Free | Less Than 24 Hours |
|
$100 | $100,000 | Free | Instant |
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$50 | $5,000 | Free | Less Than 2 Hours |
Pro Tip For Making Online Sportsbook Withdrawals
- You do not have to deposit with Bitcoin to receive BTC payouts at Bovada and other online books. Bitcoin is the best payout method available for players who deposited with any type of crypto or credit/debit card.
Other Cryptocurrencies Accepted By US Online Sportsbooks
While Bitcoin is the best option at online cryptocurrency sportsbooks for making deposits and withdrawals, there are still other options that can be used to fund a US betting site. If you already own Shiba Inu and do not feel like paying trading fees to acquire Bitcoin, there are online sportsbooks that will accept the Altcoin. The top cryptos offered by US sportsbooks outside of BTC can be found below:
- Ethereum – Along with BTC, Ethereum sportsbook deposits are widely accepted at crypto betting sites in the US.
- Cardano – BetOnline and SportsBetting are both secure examples of sportsbooks accepting ADA for all US players.
- Litecoin – Litecoin sportsbooks are common and secure, while offering some of the fastest payouts.
- Tether – Bovada offers $5 minimum sportsbook deposits with Tether which is the lowest in the industry.
- Dogecoin – MyBookie, SportsBetting and BetOnline are all sportsbooks taking Dogecoin in the US.
Are Online Bitcoin Sportsbooks Legal In The US
The online sportsbooks that accept Bitcoin are perfectly legal and can be used in the US. Bovada and the other popular online betting sites that offer Bitcoin for all transactions are licensed and operated outside of the US. This means that legal sports betting in the USA is available at sites accepting Bitcoin, without breaking any state regulations.
Final Thoughts On Bitcoin Sportsbooks Taking US Players
All of the Bitcoin sportsbooks taking US players that have been reviewed on this page are the best in the industry and have been trusted for over a decade. Bitcoin is not only the most popular method at these online sportsbooks but is recommended by the betting sites because of the security and speed of the payment method. In conclusion, Bitcoin opens the door to some of the biggest online sportsbook bonuses, no fees for all transactions, secure deposits, and same day payouts for all US players.