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The 10 Best Crypto & Bitcoin Boxing Betting Sites in 2024

By Onose Enaholo - Updated 29 August 2024
Fact Checked

Blockchain technology has progressed to the point of causing disruptions to the legacy betting industry. Now, crypto boxing betting sites that allow betters to deposit, withdraw, and wager with cryptocurrencies are on the market. They have been for quite some time.

However, not all that look legit are. Many scam sites finesse users of their hard-earned funds. Our guide helps reduce this. It explores 10 of the best Bitcoin boxing betting sites, highlighting their benefits, cons, and rendering a verdict for their suitability.

Best Crypto Boxing Betting Sites - Our Top 3 Picks

Pros & Cons of Using Bitcoin Boxing Betting Sites

Pros

  • Bitcoin deposits help maintain financial anonymity and privacy
  • Blockchain-powered deposits are cheaper for international transfers
  • Crypto payments combined with crypto wagering limit transfer costs
  • Instant transfers
  • Lower operating costs for betting sites
  • Cheap financial transactions for both sites and users

Cons

  • Crypto transfers are permanent, thus, human error when sending crypto could lead to losses
  • Crypto wallets can be hacked if not properly secured

How to Choose a Bitcoin Boxing Betting Website

Security

Legitimate Bitcoin Boxing betting sites are all secure. They use SSL encryption to secure network communications between their servers and their clients’ browsers. Furthermore, they implement industry-standard security technology and practices to ensure that users of their platforms are safe.

The best sites take security a step further by fostering a security-conscious culture by encouraging users to use two-factor authentication or multi-factor authentication in some cases.

Legal Licenses

Any Bitcoin Boxing website that wishes to operate under the law must obtain a license from the relevant governing entities in the countries they operate. Some licenses provide blanket access to numerous countries, like a license from the Curacao Gaming Authority which grants access to various countries.

Reputation

The Bitcoin boxing betting site you choose should ideally have a history of strong service delivery. All the sites on our list have that history, which is one of the reasons we trust them.

Events like security breaches, withdrawal issues, fraud, and run-ins with authorities are red flags that you should be on the lookout for. A good way to gauge reputation is to use independent third-party review sites.

These could either be sites like ours that provide objective guides, or sites like TrustPilot that compile people’s experiences.

Funding Processes

A Bitcoin boxing betting website should accept crypto payments. However, some are more flexible in how they get crypto onto their platform than others. While the bare minimum should be wallet addresses for multiple cryptos, you should also look out for other options like fiat onramps and even MetaMaks integrations.

The number of cryptos supported also matters as some sites support one or two, while others support as many as 20. In this case, the more, the better.

Customer Support

Lastly, customer support must be available, active, and adequate. Sites should ideally provide three communication channels, phone, email, and live chat.

However, we’ve found that international sites tend to stick with the email and live chat options as they are more flexible.

Key Facts About the Top 10 Bitcoin Boxing Betting Sites

Compare The Top 10 Bitcoin Boxing Betting Sites

Crypto Boxing Betting vs Regular Online Boxing Betting

Payment Methods

The major difference between Bitcoin boxing betting and regular boxing betting sites is the type of currency used to move funds into and from user accounts.

The former supports native digital currencies like cryptos that are run on global and decentralized networks while the latter supports digital versions of fiat currency that are run on highly centralized networks that may or may not be global.

The infrastructure that powers these payment types also affects how many clients these websites can reach, the cost of sending payments, the security architecture, and the time taken for transactions to settle.

Where payments are concerned, Bitcoin boxing websites are faster, more inclusive, cheaper, and more globally available than regular online boxing sites.

Financial Anonymity

Financial anonymity is the state of privacy where your identity is not directly linked to your financial transactions. The nature of cryptocurrencies makes this possible as they allow you to send and receive funds without the need for legacy payment methods that are attached to your ID.

Financial anonymity is useful in cases where you may not want your gambling activities to affect your credit score.

Security

Bitcoin boxing betting sites are usually more security-conscious as crypto wallets add an extra layer of risk to their overall architecture.

As such, these sites tend to implement technologies like multi-signature wallets that increase their security features, which adds to their overall security.

Types of Sports Bets

Moneyline

Moneyline is perhaps the simplest type of sports bet. It is a straightforward bet on a team or individual. If you believe a team will win a match, you bet on their moneyline. If they win, your bet wins. If they lose, so do you.

Point Spread

Point spread bets go beyond winning and losing to focus on a team or individual’s margin of victory or loss. For example, a point spread bet in a football game could be that the winning team will be 2 goals ahead of the losing team.

Hence, winning is not enough to satisfy the bet. The winner must lead the loser by at least 2 goals.

Parlays

A parlay is a bet that is made up of two or more bets. To win a parlay, all its constituting bets must be won. If just one is lost, then the parlay is lost. Parlays are popular because they allow you to win big with small amounts as each bet adds to the overall multiplier.

Totals

Also called over/under bets, totals is a bet that focuses on the total score of a match being above or under a certain amount. For example, a totals bet on a football match between two teams could be that the total number of goals scored will be above 5 goals.

If the total number of goals scored by both teams throughout the match is above 5 goals, then the bet wins.

Prop Bets

Prop bets are bets that are not tied to the outcomes of sports games. Instead, they are about a specific event occurring during a game. For example, a prop bet could be that a specific player will score the opening goal in a game.

Middle Bets

Middle bets are bets that are placed on opposite sides of the same game, usually on different sportsbooks with different odds for the purpose of profiting regardless of the outcome. It is also called betting arbitrage.

How to Bet on Boxing with Bitcoin

1. Open an account

To begin betting on sports with Bitcoin, sign up with a site like BetOnline and click on “Join”. A signup form like the one below should load. Enter your details and click on “Create Account”.

2. Verify your account

Verify your account by submitting a verifiable ID (like a passport or driver’s license) and proof of address documents like a utility bill.

3. Make a deposit

Once your account has been verified, deposit some crypto. Ensure your preferred method is set to Bitcoin or any supported crypto. Send crypto to the deposit address provided.

4. Load the eSports Section

Once your account is funded, navigate to the sports betting section, select boxing, and start betting on your favorite tournaments.

Are Bitcoin Boxing Betting Sites Safe?

Bitcoin boxing betting sites can be safe provided they fulfill certain conditions and that you are security conscious.

Firstly, they must be licensed by a recognized governing agency. Be careful of the agency though as lax agency requirements may result in the approval of lax security measures.

Secondly, the site should have security features like two-factor authentication to ensure that your account is kept safe even if your password is leaked.

Best Place to Buy Crypto for Bitcoin Boxing Betting

To fund your Bitcoin boxing betting account with crypto, you’ll need to own some beforehand. You can do this by buying crypto from an exchange. While there are several great exchanges out there, we’ve found eToro to be one of the best crypto brokers around.

The broker is globally available, well-regulated, easy to use, suitable for long-term storage (although crypto cold wallets are generally the best long-term storage solutions), and is affordable.

To learn more, read our eToro review.

Best Betting Strategies

Here are some popular betting strategies to help increase your chances of winning. Note that these strategies do not guarantee wins. Instead, they merely provide an edge.

Hedging

Hedging is a strategy aimed at locking in a profit or limiting losses by placing a bet that is somewhat of a counter to the original bet. The point is to make an overall profit, so you need to ensure that the odds of both bets (or the amount wagered) are structured in a way that ensures profit despite the outcome.

Fade the Public

This strategy involves betting on the opposing line of the public’s choice in a game. This is based on the assumption that, in a match, some teams are more popular and are presumed to have a higher winning probability.

The majority of the betting public will most likely bet on those teams. You then place bets on the opposing team as their money lines will become more valuable as market makers try to maintain balance.

Of course, for this strategy to be successful, your bet has to be a winner.

Chasing Steam

Chasing steam is the opposite of fading the public as It involves following the trend early enough to benefit from it. This strategy is built on the fact that bookmakers adjust odds based on the amounts bet on either side.

If significant volumes are bet on a team, then the odds eventually change to bring balance and reduce the amount the bookmaker has to pay out if the bets win. Chasing steam here is to watch for any of such movements across multiple betting sites.

When such a move occurs, quickly find a bookmaker that hasn’t adjusted their odds yet, and place a bet. The assumption is that educated betting players with huge funds are usually right.

Final Thoughts

We explored the best Bitcoin boxing betting sites and chose BetOnline as the best option because of its 25+ year track record of good service delivery, availability in regions like the US and UK, and multiple crypto support.

However, if for one reason or another BetOnline doesn’t work for you, we’ve listed nine other sites that are worth a try.

Remember to get some crypto beforehand. You can use our choice, eToro, or read our guide on the best crypto exchanges to find one that may be more suitable.

To begin betting, sign up with BetOnline.

Methodology - How We Picked the Best Crypto Boxing Betting Sites

The sites we covered in this guide were chosen through rigorous research and reviews. We paid attention to security, transparency, reputation, game collection, crypto support, and competitive edge.

The sites listed are the best we found in the various categories we listed them. For example, we listed 22Bet as the site with the largest sportsbook because it lists over 45 sports and over 10,000 tournaments.

Check out our why trust us and how we test pages for more information on our testing process.

FAQs

Can you bet on sports with Bitcoin?
Yes, you can bet on sports with Bitcoin using a crypto sports betting site like the ones we reviewed above.
Is Boxing betting legal?
Boxing betting is legal wherever online betting is legal.
Are there anonymous crypto sports betting sites?
There may be anonymous crypto sports betting sites. However, they tend to not have licenses, either because they are completely decentralized or just operate illegally. Either way, they are riskier than regular ones.