The Best Bitcoin Cricket Betting Sites 2023
A complete guide to Bitcoins and using them to make deposits to online cricket betting sites. Find the top crypto betting sites with pros and cons list.
What is Bitcoin and how does it work?
Bitcoin is a digital currency, also known as cryptocurrency, which was created in 2009 by an anonymous person or a group of people using a fictitious name Satoshi Nakamoto. It is a decentralized currency which means that it is not authorized or regulated by a government or any other financial institution.
You can use bitcoin to make payments online from any part of the world without including a third party. Only two users - sender and receiver are part of the whole transaction. You can buy bitcoin in exchange for any fiat money. The network of bitcoin ensures that the BTC transactions are secure, transparent and shall not fall under any central authority.
What is Bitcoin Betting?
Online betting sites have a list of payment methods which the users can choose to make the deposits or withdrawals. With the growing popularity of bitcoin and other cryptocurrencies, the betting sites have started accepting them as one of the payment methods. You can use bitcoin as a mode of payment to wager bets on cricket and other sports or to play online casinos as well.
The introduction of bitcoin in online betting has resulted in an influx of online punters. Bitcoin has a large network of users around the world and it is often used in making online purchases and in the betting industry as well. You can make deposits on your betting account with the help of your bitcoin wallet and then wager it on the betting events. You can withdraw your winnings back into your bitcoin wallet.
How to use Bitcoin in Cricket Betting?
Cricket is among the most popular sports in the world and cricket betting has revolutionized over the years with the development of faster internet. You will find hundreds of cricket betting sites around the world which offer various payment methods but not all of them include bitcoin or other cryptos as a mode of payment.
If you want to start online cricket betting using Bitcoin then you can follow the below mentioned step-by-step guide to learn how to place cricket bets using bitcoin:
- Create a Bitcoin wallet account where you can send and receive bitcoins. There are various Bitcoin wallets available which you can use for making a new account.
- Log in to the cricket betting site using your credentials.
- Head to the Deposits section and choose Bitcoin as the payment method.
- Enter the amount you want to deposit after checking the minimum deposit value.
- Enter your Bitcoin wallet address or scan the QR code.
- Your payment will be processed within a few minutes and your betting account will be funded.
What are the Pros and Cons of Bitcoin in Cricket Betting?
Bitcoin cricket betting is getting popular day by day as the credibility of bitcoin has also increased over the years. It has become a reliable mode of payment for online bettors and is taking the online betting industry by a storm.
PROS
Bitcoin sports betting has quite a few advantages over other payment methods when it comes to wagering bets online:
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Anonymity
Your identity will not be linked to your bitcoin account and further to any transaction for betting activity. It is a great option for the customers who want to wager bets online as an anonymous user.
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Speed
The payments done through bitcoin are quite quick in both deposits and withdrawals. By using Bitcoin for online cricket betting, you can wager and settle bets quickly.
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Safe & Secure
Bitcoin is considered as a secure currency as it is protected by a large network of users known as the Bitcoin network. With the growing number of users, the network will get stronger and safer.
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Lower Fee
While making payments through other payment methods, you need to pay a transaction fee of some amount. Bitcoin transactions are usually free of charge or charge a very low amount.
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Bonus & Promotions
Many cricket betting sites offer exclusive bonuses and promotions for Bitcoin users. Checkout the list of promotions before signing up on any cricket betting site.
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Convenient
Bitcoin is currently being used around the world which makes it a convenient currency. You can use it to send and receive payments from anywhere around the world.
CONS
The above mentioned factors certainly make bitcoin one of the top payment methods to bet on cricket online but as they say everything that glitters is not gold, bitcoin also comes with a few cons of its own. These cons are evitable up to an extent but you cannot foresee them:
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No Regulation
There are many countries or regions around the world which are yet to regulate Bitcoin. Without such regulation, it would be difficult to retrieve your money if anything goes wrong.
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Volatility
Bitcoin is a volatile currency which means that the value of the Bitcoin (BTC) keeps fluctuating. If you use bitcoin for cricket betting then the change of BTC value can result in fluctuation of your bets as well.
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Availability
As we mentioned above there are a large number of cricket betting sites available these days but you will not find bitcoin in the list of payment methods in all of these betting sites. Do your research and find out the best bitcoin cricket betting site.
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Technical Knowledge
As a user you need to have ample technical knowledge about bitcoin. You have to create a bitcoin wallet account, send and receive payments on betting sites, this process requires a good amount of knowledge.
5 Best Bitcoin Cricket Betting Sites & Apps
Cricket is flourishing around the world and so is its impact on cricket betting. With the introduction of various brand new T20 leagues like MLC, GT20, The Hundred, etc. the sport is gaining more and more fans everyday.
We have analysed a number of cricket betting sites which offer Bitcoin payment method. We have narrowed down the top 5 bitcoin sports betting sites & apps which offer a wide variety of cricket betting markets. A good cricket betting brand needs to offer a large number of betting events. A single cricket match can offer more than 60-80 betting markets including top bets like match winner, top batsman, top bowler, innings total, etc.
1xbit
1xbit is a crypto based cricket betting site which covers all the major leagues and tournaments from around the world. 1xbit only supports cryptocurrencies as payment methods and it is based on the same platform of 1xbet cricket betting site which offers a smooth user experience. With their focus on the cryptocurrency, 1xbit keeps coming up with exciting bitcoin bonuses and promotions. Read 1xbit Full Review
PROS
- Wide variety of cricket betting markets
- Accepts more than 20 cryptocurrencies
- Bitcoin exclusive bonus offers
- Easy to use 1xbit betting app
CONS
- Offer lower cricket odds sometimes
- Live chat not available
Related: Step by step guide on how to place cricket bets on 1xbit with bitcoin
Sportsbet.io
A bitcoin betting platform called Sportsbet.io was established in 2016. A wide variety of betting markets, including sports, casino, and live betting, are available on this fully licensed and controlled website. Sportsbet provides competitive cricket odds and generous bonuses for the bitcoin users to enhance your winnings. It has a subtle interface on website and betting app which makes it look attractive to the users. Read Sportsbet Full Review
PROS
- Long list of cricket betting markets
- Offers best cricket odds
- Generous promotions and bonus offers
- Safe & secure
CONS
- Customer care response is slow
- Restricted in many countries
- Live chat not available
Related: Click to learn how to use Bitcoin to place cricket bets on Sportsbet.
1xbet
1xbet is a renowned cricket betting brand which was started in 2007. 1xbet is licensed by the Curacao Gaming Authority which is a reputed regulatory authority. 1xbet offers a long list of payment methods including Bitcoin and many more cryptocurrencies. It has a large user base of cricket bettors which rely on its competitive odds covering all the major leagues and tournaments. Read 1xbet Full Review
PROS
- 1xbet betting app available for iOS & Android
- Wide variety of cricket betting markets
- Live betting for cricket markets
- Many bonus offers and promotions
CONS
- Delayed customer care response
- Bitcoin value volatility
- Some users find the interface cluttered
- Restricted in some countries
Related: How to place bets on best bitcoin cricket betting site 1xbet
Bovada
Bovada was started in 2011 and currently it is one of the most popular cricket betting brands in the United States. It offers a wide variety of cricket betting markets and generous bonuses and promotions. Bovada’s cricket betting markets include all the top markets like match winner, toss winner, top batsman, top bowler, total runs, total wickets, etc. Other than this, Bovada has a user-friendly interface and they also offer mobile app version. Read Bovada Full Review
PROS
- User-friendly and clean interface
- Generous bonus offers
- Competitive cricket betting odds
- Array of cricket betting markets
CONS
- Legal in few states only
- Live Streaming not available
- Slow withdrawal
- Customer service slow in response
Related: Placing cricket bets on Bovada is easy. Learn how
Betonline
Betonline is another top cricket betting site in the United States. It was started long back in 2003 and headquartered in Panama. Betonline has a lined-up range of sports to bet on along with Racebook and Casino. One of the best things about betting on Betonline is that it offers cryptocurrencies like Bitcoin, Ethereum, Litecoin and more for deposits and withdrawals. Read Betonline Full Review
PROS
- Cricket betting markets easily accessible
- Smooth navigation
- Easy to use and well optimised app
- Generous bonuses
CONS
- No live streaming available
- Customer service not up to the mark
- Slow processing withdrawals
Related: Learn how to place cricket bets on Betonline with bitcoin
Frequently Asked Questions
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Is Bitcoin betting safe?
Using bitcoins as a mode of payment is as safe as the betting brand you are using. There are many licensed betting sites which operate legally under the regulations. If a licences betting brand has bitcoin as one of the payment methods then it will be safe for you to bet on these sites with bitcoin or other available cryptocurrencies.
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Which cricket betting sites offer bitcoin bonus?
There are quite a few cricket betting sites which offer bonuses for bitcoin users. Here are the top 3 cricket betting sites with bitcoin bonus:
- 1xbit
- Sportsbet.io
- Betonline
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Which are the top bitcoin cricket betting sites?
Here are the top bitcoin cricket betting sites which have the best cricket betting markets and competitive odds as well as a smooth platform for BTC payments:
- 1xbit
- Sportsbet.io
- 1xbet
- Bovada
- Betonline
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How to choose the best bitcoin cricket betting site?
There are various factors that go into choosing the best cricket betting site for bitcoin users:
- Check the bookmaker’s reputation by going through user reviews.
- Make sure the betting platform you choose is safe and secure by checking the brand’s licence.
- The bookmaker should offer a wide variety of cricket betting markets covering all the popular and unpopular cricket leagues and tournaments.
- Compare the odds with other bookmakers and evaluate which betting site offers the best cricket odds.
- Reach out to the customer care and make sure the bookmaker has a 24/7 customer support team which can be contacted easily and quickly.
- A good bitcoin betting site should offer bonuses and promotions exclusively for BTC users.
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Are online crypto sportsbooks legal?
The legality of sportsbooks depends upon various factors like licensing, region, reputation. If any bookmaker is properly licensed by a renowned regulator and is legally operating in your country or region then it will be considered a legal sportsbook for you.
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