Best Bitcoin Betting Sites
Betting with bitcoin is a viable method for the modern UK punter. Here we will explore the best bitcoin betting sites available to you, and what to look out for.
1. 10bet
10bet is known for its dynamic offerings and robust platform tailored for Bitcoin users. The site’s ease of navigation and wide array of sports and betting markets make it ideal for bettors who prefer cryptocurrencies. Bitcoin deposits are quick and secure.
- Minimum Deposit: £10
- Deposit Time: Instant
- Transaction Fees: None
2. Betfred
Betfred provides a comprehensive betting experience, with Bitcoin enhancing its appeal. Known for its excellent customer service and extensive market coverage, Betfred offers seamless transactions via Bitcoin, enabling users to deposit and start betting without delay.
- Minimum Deposit: £10
- Deposit Time: Instant
- Transaction Fees: None
3. Ladbrokes
Ladbrokes remains a favorite among bettors, offering a comprehensive platform for both sports enthusiasts and casino gamers. With Bitcoin, depositing funds is efficient and secure, allowing punters to focus on the excitement of betting. Ladbrokes’ reliability and diverse options make it a top choice.
- Minimum Deposit: £5
- Deposit Time: Instant
- Transaction Fees: None
4. Coral
Coral is a prominent name in the betting industry, offering a dynamic platform with Bitcoin as a preferred deposit method. The ease and security of Bitcoin transactions at Coral provide bettors with the confidence to explore its extensive markets and promotions.
- Minimum Deposit: £5
- Deposit Time: Instant
- Transaction Fees: None
5. BetVictor
BetVictor stands out with its sleek design and competitive odds, and Bitcoin deposits are managed swiftly and securely. BetVictor’s commitment to offering a first-class betting experience makes it a preferred choice for both casual and serious bettors.
- Minimum Deposit: £10
- Deposit Time: Instant
- Transaction Fees: None
6. CopyBet
CopyBet offers innovative features for Bitcoin users, providing a user-friendly interface and efficient deposit process. Known for its smaller but diverse market selection, CopyBet ensures quick and secure Bitcoin transactions, allowing bettors to focus on their strategies.
- Minimum Deposit: £10
- Deposit Time: Instant
- Transaction Fees: None
7. bwin
bwin is popular for its extensive market offerings, and Bitcoin deposits are simple and efficient. Recognized for its user-friendly interface and variety of betting options, bwin provides ample opportunities for entertainment and success with fast and secure Bitcoin transactions.
- Minimum Deposit: £10
- Deposit Time: Instant
- Transaction Fees: None
8. Smarkets
Smarkets is ideal for trading enthusiasts, with Bitcoin providing an immediate deposit option to start trading. Known for its low commission rates, Smarkets ensures a smooth transaction experience with Bitcoin, making it a top choice for exchange betting.
- Minimum Deposit: £10
- Deposit Time: Instant
- Transaction Fees: None
9. Unibet
Unibet is known for competitive odds and a user-friendly interface, with Bitcoin simplifying the deposit process for bettors to fund their accounts instantly. Unibet’s wide array of sports and casino offerings make it a versatile choice for any betting enthusiast.
- Minimum Deposit: £10
- Deposit Time: Instant
- Transaction Fees: None
10. Matchbook
Matchbook is a leading choice for exchange betting, with Bitcoin providing an immediate deposit option, so you can start trading right away. Known for its competitive commission rates and efficient platform, Matchbook ensures a smooth transaction experience with Bitcoin.
- Minimum Deposit: £10
- Deposit Time: Instant
- Transaction Fees: None
| Fees and Processing Times at Bitcoin Betting Sites | ||||
|---|---|---|---|---|
| Betting Site | Bitcoin | Processing Time | Limits Min/Max | Fees |
| 10bet | Instant | £10 – £5,000 | ||
| Up to 24 hours | £10 – £5,000 | |||
| Betfred | Instant | £10 – Variable | ||
| Up to 8 hours | £10 – Variable | |||
| Ladbrokes | Instant | £5 – £10,000 | ||
| Up to 6 hours | £10 – £10,000 | |||
| Coral | Instant | £5 – £5,000 | ||
| Up to 4 hours | £10 – £5,000 | |||
| BetVictor | Instant | £10 – £5,000 | ||
| Up to 24 hours | £10 – £5,000 | |||
*Limits may apply from the payment processor themselves.
How We Rate Bitcoin Betting Sites
These are the criteria we consider when evaluating the best Bitcoin betting sites.
- Deposit Times: Bitcoin deposits should be processed swiftly to ensure ease of use.
- Deposit Limits: We look for sites offering flexible deposit limits, with low minimums and high maximums.
- Fees: No additional transaction fees should be charged to maintain affordability.
- Security: Robust security measures are crucial to protect user data and transactions.
- General Bookmaker Quality: We assess bonuses, market diversity, odds competitiveness, bet slip features, and live betting experiences.
- Welcome Offers: Welcome bonuses need to be straightforward to claim with fair conditions.
The Pros and Cons of Using Betting Sites that Accept Bitcoin
The advantages and drawbacks of using Bitcoin are outlined below.
Pros
- Fast and decentralized transactions
- Enhanced privacy and security features
- Potentially lower fees compared to traditional currencies
Cons
- Limited acceptance across bookmakers
- Value fluctuations can affect deposit amounts
Depositing Funds at a Bitcoin Betting Site
Adding funds to your online betting account with Bitcoin is quick and straightforward at most UK online bookmakers. Follow these steps to top up your account.
Step One: Log in to Your Betting Account
Log in to your bookmaker. Locate the deposit section within your account.
Step Two: Select Bitcoin
Access the banking options. From the drop-down menu, choose Bitcoin as your payment method.
Step Three: Confirm Your Payment
Confirm the payment by following the instructions provided by the bookmaker, such as transferring Bitcoin from your wallet to the provided address.
Is it Possible to Withdraw From an Online Betting Site Using Bitcoin?
Yes, you can typically use Bitcoin to withdraw funds from UK online betting sites. Many operators that accept Bitcoin for deposits also support it for withdrawals, offering a convenient and secure method for managing your betting account.
However, it’s important to review the specific terms and conditions of the betting site you’re using, as withdrawal options and processes may vary between different operators.
Alternatives
While Bitcoin is a reliable choice for online betting, it may not be viable for everyone. A much more widespread and simpler alternative is to use PayPal betting sites.
It’s worth noting that few payment methods offer the unique features of Bitcoin. While Bitcoin is celebrated for its decentralized nature and enhanced privacy, it also provides the benefit of fast and secure transactions across borders without the need for traditional banking intermediaries. This makes Bitcoin a versatile and convenient option for many online betting enthusiasts.
Bitcoin Betting Sites: A Modern Payment Solution
In examining the top Bitcoin betting sites, it is clear that Bitcoin offers more than just a method of transaction. It provides a modern solution that grants users enhanced privacy and speed, along with the flexibility to manage their betting funds efficiently and securely across borders.
Q&A/FAQ
If you have any pressing questions regarding anything on this page, send an email to info@bestbettingsites.com.
What are the best Bitcoin betting sites in the UK?
The best Bitcoin betting sites according to our rankings are #1 10bet, #2 Betfred, #3 Ladbrokes, #4 Coral, #5 BetVictor, #6 CopyBet, #7 bwin, #8 Smarkets, #9 Unibet, #10 Matchbook.
Are there betting sites that accept Bitcoin?
Yes, there are! Our editors have picked out the most attractive bookies offering Bitcoin transactions in the UK. Our selections include classic bookmakers like Ladbrokes, spread betting options like Matchbook, and over 10 more options for you to choose from.
How do you deposit with Bitcoin on a betting site?
There are a number of ways to deposit with Bitcoin. The easiest way is to simply use the chosen bookmaker's deposit section and follow the steps that are prompted.
Is Bitcoin subject taxation?
Bitcoin is not a fiat currency with legal tender status in any jurisdiction, but often tax liability accrues regardless of the medium used. There is a wide variety of legislation in many different jurisdictions which could cause income, sales, payroll, capital gains, or some other form of tax liability to arise with bitcoin.