The 10 Best Crypto & Bitcoin eSports Betting Sites in 2024
Bitcoin eSports betting sites allow gaming and eSports fans to bet on their favorite teams and games using cryptocurrency. These sites are another iteration of blockchain’s integration with the gambling industry.
While they offer a lot of benefits like quick international transfers, the industry is also fraught with risks manifesting as scam sites. Unless you are a cyber security expert or have experience with online gambling, you may not be able to tell the legit ones from the fakes.
This is where our guide steps in. We act as a middleman, guiding you to legitimate sites with attractive features and benefits. Our guide lists 10 of the best crypto esports betting sites on the web, highlighting their pros, cons, benefits, and rendering a verdict for why we chose them.
Best Bitcoin eSports Sites - Our Top 3 Picks
Top 3 Bitcoin eSports Sites - Why We Chose Them
How to Choose a Bitcoin eSports Betting Website
Security
The ideal Bitcoin esports website should be secure in three major ways. Firstly, the site should implement SSL encryption to ensure that communications between its servers and clients’ browsers are secure.
Secondly, the site should hold security certifications from industry providers. A good place to start is the World Lottery Association (WLA) which issues security certificates for betting sites that adhere to its security standards.
Lastly, the ideal site should have internal policies that both comply with global standards and promote a security-conscious culture. Good examples of this are encouraging users to use two-factor authentication (2FA) and mandating KYC procedures for licensed sites.
Licences
Any site you choose must be licensed with a recognised government agency. The most common is the Curacao Gaming Authority, but regulators from other major countries can also be trusted.
Completely decentralized sites may not be licensed as they are not limited to or registered in any specific country. These sites are riskier than their licensed counterparts and are prone to smart contract attacks.
Reputation
The ideal esports betting site should have a good reputation regardless of their crypto status. Events like money laundering, executives running into trouble with law enforcement, or withdrawal delays are red flags that should be considered.
One red flag that is not as popular is unfair games. Nefarious sites can subtly rig games against players. The only ways to get around this are to inspect the hash function used to generate random outcomes or to stick with sites that list games from trusted publishers.
We reckon the latter is much easier.
Game Selection
The selection of esports games available is important as some sites are in truth, legacy betting sites with limited selections of esports games. We’ve noticed that some list only very popular games like Call of Duty and CS:GO.
The ideal site lists several games like Valorant, League of Legends, Rocket League, Rainbow Six, and more.
Customer Service
A customer service support team should be available round the clock via phone, email, and live chat. However, this is not always the case as some sites only work weekdays and are available via email and live chat.
Thus, the minimum acceptable service level in this regard should be round-the-clock weekday support via email and live chat.
Pros & Cons of Using Bitcoin eSports 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 limits transfer costs
- Blockhain’s global nature makes sites more globally available
- No financial intermediaries could lower the cost of operation
Cons
- Crypto transfers are permanent, mistakes could mean loss of funds
- Crypto wallets can be hacked if not properly secured
Key Facts About the Top 10 Bitcoin eSports Sites
Compare The Top 10 Bitcoin eSports Sites
Crypto eSports Betting vs Regular Online eSports Betting
Payment Methods
Differences in payment methods have a significant effect on how crypto esports betting sites and regular esports betting sites work. While the only difference may seem to be the currency accepted, crypto’s infrastructure also has some major effects.
One of such is financial inclusion. Crypto esports betting sites are not limited by the same restrictions as regular sites. While they are licensed and are still legally bound by the same laws, they can include more people within the areas they operate by allowing them to easily deposit using crypto.
The decentralized and global nature of blockchain networks allows transactions to be faster and cheaper, hence, sites can onboard users faster.
Crypto esports betting sites can also offer some level of financial anonymity, which could be valuable to gamblers.
Security
Crypto esports betting sites tend to be more security conscious as they have at least one extra attack vector than their regular counterparts. While fiat sites can rely on their banks and financial providers to secure funds, crypto sites must secure their crypto wallets internally.
Bonuses
Crypto esports betting sites tend to give out more bonuses than regular sites. Many of them give out dedicated crypto bonuses in addition to regular bonuses to encourage users to use crypto.
How to Bet on eSports 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 esports section and start betting on your favorite tournaments.
Are Bitcoin eSports Betting Sites Safe?
Bitcoin esports betting sites are safe as long as they are regulated. Unless you are a cyber security expert, the best way we’ve found to stay safe (without expending too much effort) is to stick with sites that are visibly legitimate.
This means that they have a license from a recognized regulatory body, do not have overwhelmingly negative reviews on independent third-party review sites, and have a functioning customer service team.
Best Place to Buy Crypto for Bitcoin eSports Betting
If you wish to truly take advantage of the speed, security, and anonymity that crypto has to offer, you’ll want to use the direct crypto deposit method which will require you to own some crypto beforehand.
To buy crypto, you’ll need a good crypto exchange or broker that is cheap, secure, and regulated. eToro is one the best crypto brokers with several licenses from reputable government agencies like the ASIC, FCA, and CySEC.
The broker has a vibrant community of 25+ million users and is affordable, charging only a 1% fee for conversions. eToro is also a good long-term partner as the company has been in business for over 10 years.
To buy crypto on eToro, create an account, choose one of the numerous supported payment methods and purchase the crypto of your choice. Read our eToro review to learn more.
Final Thoughts on Bitcoin eSports Betting Sites
We explored the best esports betting sites on the web and chose BetOnline as our foremost option because of its secure and licensed platform.
While it may not have the widest selection of games, other factors like crypto deposit support, welcome bonuses, and availability make up for it.
However, should BetOnline fail to meet your esports betting needs, we’ve listed 10 sites that we believe are worth using.
To begin betting on esports, sign up for an account with BetOnline.
Methodology - How We Picked the Best Crypto eSports 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 Bitseler as the best site for crypto natives because of its extensive crypto support for both deposits and wagers.
Check out our why trust us and how we test pages for more information on our testing process