How can I choose the right sportsbook that accept crypto?

Make sure that you are picking the right sportsbook based on the markets that they provide and the experience that they give to you. Always choose licensed bookmakers.

What are the major crypto for betting?

At the moment, Bitcoin and Ethereum are the top two assets with Tether or USDT at a distant third.

Is it safe to place sports bets with crypto?

Yes, crypto betting service has drastically improved through the years which has led to more people making bets with crypto.

What crypto is the best to use in betting?

There is no true answer because it’s subjective but the top three are all good choices. Tron (TRX) is also a good choice alongside the memecoin turned legit asset, Dogecoin.

Crypto Betting Sites in South Africa

Last update at 11 December, 2022
Crypto has proven to be a reliable payment method worldwide. These assets are not only convenient due to their digital nature but they are also a valuable investment.

The rise of crypto betting bookmakers means that crypto users can now easily use their digital assets to place wagers. From the pioneer crypto Bitcoin (BTC), to other top assets like Ethereum and USDT, there are many crypto betting sites that welcome this payment method.

List of Bookmakers that Accept Crypto

Rank	Bookmaker	Rating	Bonus	Get bonus
1	888Starz	4.3/5	100% welcome bonus up to €1,000	Play Read review
2	MegaPari	5/5	100% WELCOME BONUS UP TO 100 EUR	Play Read review
3	Paripesa	4.5/5	100% welcome bonus up to 1715 ZAR	Play Read review
4	BetBeast	4.5/5	Welcome Bonus up to 18000 ZAR	Play Read review
5	22Bet	4.5/5	100% WELCOME BONUS UP TO 100 EUR	Play Read review
6	1Bet	4.8/5	100% WELCOME BONUS UP TO 100 EUR	Play Read review
7	20Bet	4.8/5	100% WELCOME BONUS UP TO 100 EUR	Play Read review
8	Melbet	4.3/5	100% welcome bonus up to €100	Play Read review

Quick Access to the Topics You Can Find in This Article

If you want to skip ahead to topics that you are interested in, make sure to click the following sections so you can easily read the topics you want to know more about.

What are Crypto Betting Sites?
Are Crypto Payment Methods Safe for Betting?
How to Bet With Crypto
How to Withdraw Crypto From a Bookmaker
Deposit and Withdrawal limits
Frequently Asked Questions (FAQ)

What are Crypto Betting Sites?

Crypto betting sites are basically any online bookmaker that lets you place bets using cryptocurrencies. With thousands of different cryptocurrencies in the market, and more getting created each day, it depends on the bookmaker what cryptocurrencies they accept.

Some of the top crypto bookmakers also have exchange services that let you buy or trade crypto assets. Meaning, if you own crypto that’s not accepted by the bookmaker, you can trade some for the assets that are welcomed by these sites and use it for betting.

Crypto Betting Overview

Faster Transactions	✅
Reduced Fees & Charges	✅
Confidentiality & Privacy	✅
Ease of Use	✅
No Geographic Location Restrictions	✅

Are Crypto Payment Methods Safe for Betting?

There have been many discussions revolving around crypto betting and its security measures against hackers and people with malicious intentions. This is why there are many initiatives when it comes to safety and security. Some cryptocurrencies have still struggled with being secure but the biggest and most popular crypto in the market can be trusted for betting.

Bitcoin and Ethereum are established enough and other cryptocurrencies utilize the blockchain which has enhanced security features and encryption. Crypto wallets will also matter here because that will be the main storage for your assets.

How to Bet With Crypto

Instead of using the traditional fiat currencies like the US Dollar and credit card options, betting payment options crypto lets you place wagers using digital assets instead. Buy crypto or if you already have this asset, simply use it to fund your bookmaker account. Here are a few tips on how to bet using crypto:

1
Check our bookmaker list
To find the best crypto bookmaker, check out the list above. All of these sites accept crypto so explore each one of them to find which bookmaker is perfect for your betting journey.
2
Get used to your bookmaker
Find out more about the site you’ve chosen for crypto betting. Learn its features, particularly how to navigate the site as a whole. In the process of knowing the platform, you can find out the bonuses and promotions they offer that can help you have a fun betting experience.
100% welcome bonus up to
$100
BET HERE
3
Deposit funds
To deposit using sportsbook payment methods crypto, here are the steps that need to be followed:
➮ Buy your preferred crypto using an exchange and store it in a secure crypto wallet.
➮ Find which betting sites accept crypto, log in to your preferred sportsbook and find the deposit option.
➮ This is where you connect your crypto wallet and choose which kind of cryptocurrency you would like to use.
➮ Finalize the transaction and start to bet with crypto
4
Start Betting
Once you’ve deposited using the best online payment service for betting crypto, you can start gambling. There are promotions that you can also check to maximize your crypto betting online.

How to Withdraw Crypto From a Bookmaker

Crypto withdrawal process is easy and fast. This will involve the same variables from the deposit because you will need a crypto wallet where the coins will be stored. Just make sure that you follow the steps for you to transfer them easier.

Go to your bookmaker account and then click the withdraw button. Enter the amount that you want to withdraw from the winnings you’ve earned with your successful gaming.

How to Withdraw Funds

Withdrawing crypto has the same processing as placing deposits to your bookmaker account. Simply look for the withdraw button, indicate how much of your winnings you want to withdraw, and wait for a few minutes for it to be reflected to your linked crypto wallet.

Canceling Your Withdrawal Request

The cancellation process depends on the bookmaker’s terms and conditions. Let the site’s chat support team know right away if you want to cancel your withdrawal request. Most top online bookmakers have a 24/7 system so you can reach them right away.

Don’t Withdraw All Your Funds at Once

As you place crypto bets, make sure that you are not withdrawing them all at once. It is important for you to know your limits because it’s better to keep some of your funds in the in-game wallet.

How Deposit and Withdrawal limits work

There will always be deposit and withdrawal limits at online sportsbooks that accept crypto. This is to make sure that each bettor deposits and withdraws funds as smoothly as possible. You’re in control of your betting assets because of these limits.

Pros and Cons of Sports Betting with Crypto

Find out what are the factors you have to consider if you want to bet using crypto below:

Pros:

✔ Decentralized

✔ Safe, secure and legitimate assets

✔ Fast transaction speeds

Cons:

✖ Volatile in nature

✖ Untraceable since it’s anonymous

Author

Stephen Olayanju

Professional casino content writer with 5 years of experience. He has been privileged to work with many popular casino brands, which are mostly ghostwritten. He’s a casino player and punter too, and has helped many players to get most out of gambling.

Article rating

5/5

1 vote

FAQ. Frequently Asked Questions

Make sure that you are picking the right sportsbook based on the markets that they provide and the experience that they give to you. Always choose licensed bookmakers.
At the moment, Bitcoin and Ethereum are the top two assets with Tether or USDT at a distant third.
Yes, crypto betting service has drastically improved through the years which has led to more people making bets with crypto.
There is no true answer because it’s subjective but the top three are all good choices. Tron (TRX) is also a good choice alongside the memecoin turned legit asset, Dogecoin.