Bitcoin (BTC) is the leading cryptocurrency today. Although mostly associated with online casinos, there are some betting sites in the UK that offer Bitcoin as a payment method. Payments are processed through a peer-to-peer network, Bitcoin can be legally bought and sold. Although still new to many, bitcoin betting offers a safe and convenient way to add funds to your account. This page outlines the best bitcoin betting sites in the UK today. In addition, we explain how to use this option for Bitcoin sports betting, including its advantages and disadvantages compared to e-wallets and other options.
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5 Best Bitcoin Betting Sites in UK 1. Sportsbet.io is the best cryptocurrency betting site (Get 50% more with ACCA)
Sportsbet.io is a specialized cryptocurrency betting site founded in 2016. The bookmaker aims to provide a fun, fast and fair betting site that attracts players thanks to sports coverage, 24/7 support, fast payouts and regular promotions. . The bookmaker has appointed Australian cricketer Brett Lee as its brand ambassador and is also the official betting partner of Arsenal FC.
Sportsbet.io also offers in-game betting and virtual sports betting by creating acca boost, pulse bets and betting features that add to the overall user experience. Casino games from software providers such as Microgaming, Play’n GO and Evolution Gaming are also available.
Betway has long been one of the biggest bookmakers in the UK. Having sponsored West Ham United, PSG eSports, Leicester City and Brighton & Hove Albion, Betway is attracting new customers thanks to its sports coverage, live betting/streaming features and competitive odds. The booker is also one of the few that accepts payments in BTC and other cryptocurrencies.
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Betway also has a dedicated eSports betting platform where you can bet on CS:GO, League of Legends, Dota 2 and many other games. Elsewhere, Betway offers 24/7 support for desktop and mobile players, and money is available on a number of pre-match and in-game markets.
3. 888Sport – The best betting site for the best odds (Welcome: Bet £10 Get £30 Free Bets)
Payments at 888Sport are accepted in Bitcoin via Skrill, which makes the best bookmaker even more attractive. 888Sport was founded in 2008 and has quickly become one of the most popular bookmakers in the UK. New customers get a generous welcome bonus, £30 worth of free bets and you can bet on over 30 sports. 888Sport is licensed and regulated by the Gambling Commission.
The 888Sport app is easy to use on desktop and mobile, and is also available to customers with a number of promotions. 24/7 customer support is available via phone, email and live chat, and players are also treated to a fantastic online casino.
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Founded in 2001, NetBet is fully licensed and regulated by the Gambling Commission. In 2016, NetBet became the first UK-licensed operator to accept bitcoin payments, with deposits to the method starting from £10 and taking less than 30 minutes. NetBet also offers a number of promotions for new and existing customers.
You can bet on 25+ sports with competitive odds everywhere. The results page offers a wealth of information on sporting events, while the money transfer, bookmaker and statistics features only add to the appeal of the bookmaker. NetBet is affiliated with BeGambleAware and GamStop and always helps to promote responsible online gambling.
5. EnergyBet – The best betting site for Acca bets (Welcome: deposit £10 to get an extra £10)
Founded in 2012, EnergyBet is licensed in both the UK and Malta. EnergyBet is one of the few betting sites that accept bitcoin with up to £1,200 offering a generous welcome bonus of up to £50. At the same time, EnergyBet is the leading live betting operator. , at the time of writing this page, 16 different sports have been found. Esports is big business at EnergyBet with markets like CS:GO, Dota 2, Valorant and more.
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An efficient mobile app is available for both iOS and Android users, and the bookmaker has won numerous industry awards over the years. Despite not offering live streaming, EnergyBet meets the needs of most bookmakers in terms of features, with cash transfers and live chat support available. EnergyBet also offers bets on entertainment and politics such as prizes, TV programs and elections.
The number of betting sites that accept Bitcoin is growing rapidly. However, we do not recommend each one individually. To meet our strict requirements, bitcoin sports betting sites must be successful in the following areas:
There are a number of factors to consider before you sign up to a Bitcoin betting site and start processing payments that way. So, to get the most out of your Bitcoin and stay safe at all times, keep the following points in mind:
Bitcoin allows you to pay anytime, anywhere. However, users must ensure that their wallet is always secure. It is your responsibility to protect your wallet. You can do this by making sure your software is up-to-date, keeping your login information safe and backing it up regularly. Additionally, players may be required to verify their wallets through a KYC process.
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The price of Bitcoin can be volatile. It can go up or down in a short period of time, which means it is risky to hold Bitcoin indefinitely. Prices vary based on liquidity and relatively short history.
Bitcoin transactions cannot be reversed. Returns can only be processed by the recipient. Therefore, make sure that you work only with reliable bookmakers that have a good reputation for many years.
Despite some claims, Bitcoin payments are not anonymous. Every transaction is stored online, meaning everything is publicly viewable. Although your identity is not known, this proves once again how important it is to always protect your privacy.
The UK government still treats Bitcoin as a foreign currency, meaning it is largely unregulated. No VAT is required when exchanging bitcoins for pounds, although capital gains tax is charged on the resulting gains and losses. Ensuring compliance with laws in this area is your responsibility, not someone else’s.
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Whether you are new to bitcoin or have been using the cryptocurrency for a long time, it is important to only register with a betting site that legitimately offers this payment method. In the UK this means licensing and regulation by the Gambling Commission, the lead body that oversees gambling laws.
The Gambling Commission logo is displayed at the bottom of Bitcoin betting sites where applicable, making it easy to decide which bookmakers are and are not regulated where you live.
In addition, Bitcoin betting sites use independent testing agencies such as eCOGRA to confirm that the activity is fair and secure. Betting sites that operate exclusively using bitcoins and other cryptocurrencies can operate from any country, which is one of their selling points. However, make sure the operator is reputable before signing up. T
Like any payment method, bitcoin has advantages and limitations for bettors. So, before buying and selling Bitcoin, let’s take a look at its main advantages and disadvantages:
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Bitcoin is actually relatively easy to use, although it will take some time to get the hang of it. To help you along the way, we’ve provided the following step-by-step instructions for depositing and withdrawing money at betting sites using Bitcoin:
Today, there are many Bitcoin wallets that act as a Bitcoin key storage platform. Make sure your wallet is always safe by storing your login information securely and performing regular backups. Be sure to open a wallet with a reputable and trustworthy provider.
Buying bitcoins is also easy, with thousands of outlets available. Look at the prices offered, just as you would look at the exchange rate or interest rate at the bank. Remember that buying bitcoins from one provider does not mean that you are limited to good service with them. Bitcoin purchases are possible up to 0.00000001 BTC.
Enter your betting account and find the cashier page. Before entering the amount you want to deposit, select Bitcoin as your preferred payment method. Your bookmaker will create an address to send payment to. Copy this address and enter it on your Bitcoin wallet page. Bitcoin deposits are often instant, although bettors will have to wait up to 30 minutes.
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