Bitcoin is as legal as it gets, and despite having no governing laws on it, it operates legally at a global scale.

Is it safe to place sports bets with Bitcoin?

Bitcoin betting is known well among the whole gambling industry. This means that it is definitely safe to place wagers with BTC on sports games.

Is Bitcoin gambling profitable?

As long as you play your cards right, you can get the best chance in winning bets with Bitcoin. This is why it is important to have a lot of strategies when placing wagers.

Can I bet with Bitcoin?

Bitcoin is one of the best options when it comes to betting, and it is rewarding enough for you to enjoy a lot of winning chances.

Bitcoin Betting Sites in New Zealand

Last update at 1 December, 2022
Bitcoin is known for being one of the most popular payment options in sport betting. The top cryptocurrency stands as a reliable option in gambling since various online bookmakers have already welcomed digital assets as a payment method.

The popularity of Bitcoin has led to the rise of various betting sites integrating it into their platform. So far, there are a lot of people who have seen it as a reliable investment and a good payment method into sports and casino gaming.

List of Bookmakers that Accept Bitcoin

Rank	Bookmaker	Rating	Bonus	Get bonus
1	Boomerang-bet	4.5/5	100% Welcome Bonus up to 180 NZD	Play Read review
2	Billybets	4.8/5	Welcome bonus 100% first deposit match bonus up to $200	Play Read review
3	MrPacho	4.8/5	100% first deposit bonus up to 350 NZD	Play Read review
4	Legiano	4.9/5	100% welcome bonus up to NZD 200	Play Read review
5	N1Bet	4.5/5	300% match bonus up to 8,845 NZD!	Play Read review
6	Leon	4.8/5	525 NZD welcome bonus in free bets	Play Read review
7	starda	4.5/5	150% welcome bonus up to 240 NZD	Play Read review
8	Rabona	4.5/5	100% welcome bonus of up to $200 NZD	Play Read review
9	Conquestador	4.5/5	15 NZD free bet	Play Read review
10	MegaPari	5/5	100% welcome bonus up to £100	Play Read review

Quick Access to the Topics You Can Find in This Article

Do you want to bet with Bitcoin and find the best BTC bookmaker? Welcome to Allbets TV! Jump right away to the topics in this article that you want to know more about:

Why Use Bitcoin in Online Bookmakers
Is Bitcoin Safe for Betting?
How to Bet With BTC
How to Withdraw Bitcoin From a Bookmaker
Deposit and Withdrawal limits
Frequently Asked Questions (FAQ)

Why Use Bitcoin Payment Method in Online Bookmakers

While credit cards remain a viable option for payment, Bitcoin is also a secure bookmaker payment method. As the best online payment service for betting Bitcoin, this pioneer crypto is perfect for users who want fast transactions with low fees.

Payment methods betting sites Bitcoin offers a huge advantage for punters. This is the path towards smooth sport betting experience and a great chance at winning generous prizes on your sessions.

Bitcoin Betting Overview

Secure & Safe	✅
Fast transactions	✅
Low Fees & Charges	✅
Privacy	✅
Not Subject to Inflation	✅

Is Bitcoin Safe for Betting?

Bitcoin has a strong reputation for being one of the most secure assets online. There are a lot of bettors who always look for sportsbooks that accept Bitcoin. Bitcoin’s service has been efficient thanks to the blockchain system that keeps it safe from various hacks and other breaches.

How to Bet With BTC

Bookmakers will usually ask you to link your crypto wallet where your Bitcoin is stored. Once linked, you can now use Bitcoin for your bets. Now that you have an idea of payment methods betting sites Bitcoin, it is time for you to learn how you can make the most of your chances to bet with the coin.

1
Check our bookmaker list
Knowing which betting sites accept Bitcoin as a payment method is a good start since you have to pick your options well. This is why it is a must to find out your best options among many sites out there and it will give you the best chance to come up with huge winnings.
2
Get used to your bookmaker
You will learn more about the site that you choose based on its Bitcoin betting payment options. There are various sportsbooks to choose from but you have to explore its payment options—check if they accept cryptocurrency first. Crypto bookmakers will most likely accept Bitcoin.
3
Deposit Funds
Bitcoin betting simply means that you use Bitcoin to fund your bets. Link your crypto wallet to your bookmaker account and choose Bitcoin (or BTC) as your deposit option. Indicate how much Bitcoin you want to deposit.
4
Start Betting
Once you’ve indicated how much Bitcoin you’ll deposit with your chosen bookmaker, wait for a couple of minutes to finalize the transfer. Check if you can use bonuses with your best and start betting on any market you want.

How to Withdraw Bitcoin From a Bookmaker

Bitcoin is one of the fastest crypto in the world. The lightning speed transaction makes it one of the most reliable payment options. This allows you to have more time with your gaming and betting sessions.

How to Withdraw Funds

Similar to depositing Bitcoin, all you need to do is indicate how much Bitcoin you want to withdraw from the bookmaker. This will be transferred to your linked crypto wallet. There are some bookmakers that has exchange services as well for cryptocurrencies such as Bitcoin.

Cancelling Your Withdrawal Request

Due to its crypto nature, Bitcoin withdrawal requests cannot be cancelled as soon as they are initiated. This means there is no option to go back even if the status of the withdrawal is still pending.

Don't Withdraw All Your Funds at Once

You can use some of your winnings to place bets again on the bookmaker. You can also withdraw your Bitcoin in instalments, after your first withdrawal has been reflected in your wallet.

How Deposit and Withdrawal limits work

Bookmakers have a set deposit and withdrawal limits to ensure that players will stick to the rules. These limits don’t really affect your betting experience, and are mostly established to make sure both deposits and withdrawals go smoothly with every bettor.

Pros and Cons of Sports Betting with Bitcoin

There are a lot of pros and cons when it comes to using Bitcoin as a payment method, but you can use it to get a lot of winnings and enjoy your time in betting. This is also a must to consider so you can fully decide whether you want to bet with Bitcoin or not.

Pros:

✔ Faster transaction

✔ Secure holdings

✔ Better value among all crypto

✔ Efficient process

Cons:

✖ Irreversible

✖ Limited use

Author

Jarin Ahmed

Like many aspiring writers, Jarin focuses on bringing life to the text for her readers. She is an avid sports lover, growing up in a family obsessed with bookies. She is an expert in the iGaming niche and has secondary obsessions with Gardening and cooking.

Article rating

5/5

1 vote

FAQ. Frequently Asked Questions

Bitcoin is as legal as it gets, and despite having no governing laws on it, it operates legally at a global scale.
Bitcoin betting is known well among the whole gambling industry. This means that it is definitely safe to place wagers with BTC on sports games.
As long as you play your cards right, you can get the best chance in winning bets with Bitcoin. This is why it is important to have a lot of strategies when placing wagers.
Bitcoin is one of the best options when it comes to betting, and it is rewarding enough for you to enjoy a lot of winning chances.