Bitcoin payouts are usually fast with reputable online bookmakers. A lot of sports bettors want to use Bitcoin and other cryptocurrencies to place bets these days. More and more online bookmakers are accepting Bitcoin now as they know that cryptocurrencies are big and will be the future.
Just because an online bookmaker accepts Bitcoin as a deposit and withdrawal method does not mean that you should sign up with them. There are other things that you need to take into consideration which are very important. At AZBookmakers.com we have a team of experts that test different online bookmakers that offer Bitcoin as a payment and withdrawal method.
What you need to know about an Online Bookmaker that accepts Bitcoin
Not all online bookmakers that accept Bitcoin are honest. Some of them will not honor withdrawal requests and gamblers have to fight tooth and nail to get their money. In some cases, they never receive their winnings.
Make sure that you bet at an online bookmaker that has a valid license. Unfortunately, there are quite a lot of unlicensed bookmakers that will accept Bitcoin and their websites look very similar to licensed sites. If a sportsbook does not have a valid license, then you have no higher authority to turn to if you experience problems.
We have thoroughly tested many online bookmakers that accept Bitcoin as a deposit and a withdrawal method. In the list below, you will see the sportsbooks that have passed our tests. There are not many of them because few online bookmakers are able to match our expectations.
By betting with the online bookmakers that we recommend in our list you can be totally confident that your money will be safe and they will take care of you. We have checked the deposit and withdrawal features using Bitcoin of all of our recommended websites and they all passed our tests with flying colors.
Our expert team has put these online bookmakers through their paces by testing different aspects of their service such as the range of sports that they cover, the number of available markets, the odds that they provide, the overall security of the bookmaker, how responsive and helpful their support team is, and much more.
All of the online bookmakers in our list below have valid operating licenses. Most of them will accept gamblers from all over the world including the United States. Some of these bookmakers do not require that you prove your identity to verify your account. They do not have a “know your customer” (KYC) policy which will save you a lot of time.
Here are the online bookmakers that accept Bitcoin (and other cryptocurrencies) for deposits and withdrawals:
100% up to $1000
✔ Promo code: CRYPTO100 | ✔ No KYC required | ✔ US players allowed | ✔ 14x Rollover requirement | ✔ Bitcoin supported 💰
100% up to 5 BTC
✔ The minimum deposit to receive a bonus is 0.01 BTC/BCH/ETH, or 10 USDT | ✔ No KYC required | ✔ Bitcoin supported 💰
100% up to $1000
✔ Promo code: 100CRYPTO | ✔ No KYC required | ✔ US players allowed | ✔ 14x Rollover requirement | ✔ Bitcoin supported 💰
100% up to €500
✔ Promo code not required | ✔ UK players allowed | ✔ 20x Bonus rollover requirement on minimum 2 events each with at least 1.4 odds
100% up to $100
✔ Promo code: ROOKIE100 | ✔ US players allowed | ✔ 12x bonus rollover at min. odds of -200 (1.5). | ✔ Bitcoin supported 💰
75% up to $750
✔ Promo code: BTCSWB750 | ✔ No KYC required | ✔ US players allowed | ✔ 5x Rollover requirement | ✔ Bitcoin supported 💰
€10 Free Bet
✔ Promo code: Not required | ✔ No KYC required | ✔ 1x Rollover at min. odds of 1.50 | ✔ Bitcoin supported 💰
100% up to €122
✔ Promo code: Not required | ✔ UK players allowed | ✔ 5x Rollover requirement in accumulator bets with min. three selections
Advantages of using Bitcoin
You will usually find that online bookmakers will offer superior bonuses when you make deposits using Bitcoin than with fiat currency such as US dollars or Euros. Cryptocurrency transactions are quick and easy for the bookmaker as they are for the gambler.
When you make a Bitcoin deposit with an online bookmaker it will always be accepted as long as you have the necessary funds in your crypto wallet. This is not always the case with fiat currency transactions as some banks and credit card companies do not permit online gambling deposits.
Usually, there are no limits on the amount of the deposit that you can make with Bitcoin. It is also likely that an online bookmaker will not ask you to verify who you are. Online gamblers get nervous about providing sensitive information to bookmakers as they are concerned that this can fall into the wrong hands.
Bitcoin transactions are very secure. They occur on the decentralized Bitcoin blockchain which is virtually impossible to hack. There are no fees to worry about with Bitcoin transactions as there may be with bank transfers, credit card transactions and so on.
In most cases, Bitcoin betting payout transactions are fast. When you make a deposit using Bitcoin at an online bookmaker, the funds will appear in your bookmaker account as soon as the blockchain verifies the transaction. This usually only takes a few minutes.
When making a Bitcoin withdrawal, it will usually take a bit longer because the online bookmaker probably checks all withdrawal requests. There are no delays due to the Bitcoin transaction itself. You will probably see your funds in your crypto wallet within 48 hours.
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