Crypto Sports Betting Sites - Top Bitcoin Sportsbooks

Bitcoin (a.k.a. BTC)  is the world’s first cryptocurrency, created in 2009. And 10+ years after its launch, it’s the world’s dominant cryptocurrency as well.

It is a decentralized digital currency which requires no intermediaries to conduct transactions. It works and is powered by what’s known as blockchain technology which is basically a digital ledger system. Other cryptocurrencies such as Etherum, Litecoin, and Ripple soon followed in Bitcoin’s path.

Though its market remains quite volatile, Bitcoin has become widely accepted at businesses across the globe. It’s no surprise then that the gambling industry has grown to accept it as a payment method as well. Now, several of Canada’s top sports betting sites accept Bitcoin for deposits and withdrawals, including Bet99, Stake, Bodog and much more.

We expect more and more sports books to accept Bitcoin as time progresses. Those betting sites that already accept Bitcoin also usually accept other cryptocurrencies as well.

Bitcoin does require some getting used to for new users. Though it is currency, you’ll need to first obtain Bitcoin via one of many cryptocurrency exchanges now available, such as Coinbase. You’ll need to create a Bitcoin wallet as well which can be also be accomplished via crypto exchanges. But once you go through these basic steps, you’ll be all set to use your Bitcoin worldwide, including at some of Canada’s best sports betting sites.

To deposit Bitcoin at a sportsbook, you’ll just need to follow a few simple steps:

• Log into your account
• Choose “make a deposit”
• Choose Bitcoin as your deposit method
• Connect your Bitcoin wallet to the sports betting site
• Select your deposit amount
• Click “confirm”

Your transaction should be completed instantaneously and your account should immediately show your deposit. Then, you will be all set to place bets using your Bitcoin.

The betting sites that accept Bitcoin deposits typically allow withdrawals back to Bitcoin as well. And unlike withdrawing cash back to your bank via a transfer or waiting for a check to be mailed, Bitcoin withdrawals are immediate as there is no third party to slow the process. That’s the beauty of using this cryptocurrency.

The withdrawal steps are essentially the same as making a deposit:

• Log into your account
• Choose “make a withdrawal”
• Choose Bitcoin as your withdrawal method
• Determine your withdrawal amount
• Click “confirm" 

Assuming you have already connected your Bitcoin wallet to your sports book account when you made your Bitcoin deposit, the withdrawal should be completed in a few seconds.

Bitcoin isn’t for everyone. But if you are one of its enthusiasts, you can certainly find sports betting sites which accept Bitcoin and allow Bitcoin betting. These are our top Bitcoin gambling sites available in Canada.

Occasionally, a sports betting site will offer players a special bonus for using a certain payment method. Bitcoin depositors can find such a promo at Bodog. Here, using the promo code BOSBITCOIN100, you all receive a 100% match bonus up to $300. You can also claim another Bitcoin bonus in their casino which a 150% match up to $900 using the code BOCBITCOIN150. Terms and conditions apply to both bonuses.

Non-Bitcoin players can find several other bonuses and promos available throughout all of our recommended sports betting sites. Each will welcome new players with a specific welcome bonus which may take the form of a deposit match or free bets. These can often come with free spins in the operator’s casino. Other promos will be available with certain bets or in certain sports. Make sure to check your favorite sports book to see what’s available.

Bitcoin is completely electronic. There are no physical coins in Bitcoin. Everything is stored and transferred via digital wallets. This is why cryptocurrencies like Bitcoin feel like the future. So, the Canadian sports betting sites that accept Bitcoin certainly accept transactions completed using only your smartphone. It’s just a matter of connecting your Bitcoin wallet to your account on your favorite sports betting site to make you deposits and withdrawals.