Best Bitcoin Sportsbooks That Accept UK Players: A-Z Bitcoin Betting Guide
Learn how to create a crypto wallet, how to fund a Bitcoin Sportsbook account from the UK & how to bet on sporting events using Bitcoin
We all know how popular sports betting in the United Kingdom is, with it being part of our culture and all that. The same could be said about the US if we stop for a second to think what Vegas means to gamblers from all around the world. What if punters could benefit from instantaneous money transfers, lower fees and complete anonymity? If I were to tell you that this already exists, how would you react to that?
You want that, of course, so we’ll get you started with the crypto sportsbook realm straight away…
Cryptocurrency has rattled many industries already, and the betting world makes no exception. Bitcoin sports betting has already drawn the attention of punters from all around the world due to its suitability for online gambling, despite still being in its infancy. But knowing which BTC betting sites can be trusted can be tricky, hence why there are a few Bitcoin betting Reddit threads complaining about this and that…
This guide features the best Bitcoin sportsbook we’ve used as of today, teaching you everything you need to know about crypto sportsbooks, from creating and funding your bitcoin wallet to placing your first Bitcoin wager and withdrawing your winnings.
Best Bitcoin Sports Betting Sites in 2022
If you’re new to cryptocurrency, I’m sure you’re still asking yourself this question: ‘Can I trust Bitcoin betting sites?’ Despite all that you might have read so far. At the end of the day, we’re only recommending a single Bitcoin betting site for a reason: we like to put safety first.
The best thing you can do to find out how trustworthy a Bitcoin sportsbook is would be to do the same research you would do on a traditional bookie, meaning that you should scout for information such as reputation, history, user reviews etc. Or you can skip all that and choose our recommendede BTC betting site, as we’ve already done all the hard work!
Does bet365 accept Bitcoin? – Some of you may ask. The answer is no. Although some traditional betting sites accept Bitcoin and other cryptocurrencies as payment, punters who want to start betting with Bitcoin shouldn’t focus on these bookies, as most of the blockchain technology assets are abolished in those kinds of circumstances.
Going back to our topic, we've checked out most of the seemingly reliable Bitcoin sportsbooks like 1xBit or Cloudbet, but they were unconvincing, so we are not going to recommend them to anyone. Instead, we’ve only selected a popular trustworthy BTC sportsbook: NitrogenSports – excellent odds for the main betting markets & full anonymity.
Nitrogensports.eu BTC Sportsbook
Nitrogen is the Pinnacle equivalent from the crypto betting world: a bookie with low house edge and high payouts on the Asian Handicap lines and the other highly popular betting options.
But Nitrogen Sports comes with a more significant advantage than generous odds: 100% anonymity, meaning that you don’t need to attach any personal information to your generated account: no e-mails, phones, names etc. You'll be asked to register a new betting account once you access the website, and that's going to happen in an instant, after entering the captcha code.
You can attach an e-mail and even 2FA authentication if you want to further secure your Nitrogen account, but that's entirely optional.
The minimum bet size is 0.0001 BTC, whereas the max bet limit varies by sport and the importance of the event, but the max stake is generally higher than what you get with the traditional bookies. The minimum deposit is 0.001 BTC.
The payout speeds on Nitrogen are typically very fast, taking a matter of minutes at most. Nitrogensports.eu offers a free withdrawal once every 6 days.
Although it does not have any mobile betting apps, Nitrogen is superbly optimised for mobile use and supports instant play on any device, regardless of the operating system.
*Registrations from some countries are being prohibited from time to time & even access to betting sites from IP addresses located in some territories where there is no clear jurisdiction regarding cryptocurrency gambling, however, that doesn't mean that users can't register new accounts anonymously and log into their existing accounts to play using Proxy or VPN services. We recommend this highly secure & reliable VPN, which has a 30 days money refund policy. Betting with Bitcoin from the UK is possible on all the betting sites presented on our website.
How To Buy Bitcoin For Sports Betting
If you’re looking to start betting with Bitcoin, you will first require a wallet and obviously, some funds, hence why knowing how to buy Bitcoin is fundamental. There are several ways of buying cryptocurrency, but we’re just going to present you the safest and easiest method. Crypto Exchanges are, without a doubt, the most convenient way of buying Bitcoin and altcoins.
Alright, so let’s get started…
How To Create & Fund Your Bitcoin Wallet
First things first: You need a Bitcoin wallet, which stands for a bank account in the crypto realm. There are two main types of crypto wallets: the ones you have complete control of and the ones that are hosted with third parties. These wallets allow you to make deposits and withdrawals, pay for goods etc. Next, we will show you how to get a wallet with a Crypto Exchange and buy Bitcoin directly with your debit card or bank account, but first… we’ll show you the alternative addressed to those who are looking to stay off the grid.
Now, if you want to be anonymous when betting with Bitcoin, you’ll have to use LocalBitcoins.com or some other clever method. This service allows you to exchange plain cash for the cryptocurrency, negotiating a price with another person and – in some cases – meeting them in person for more security.
You can use any types of wallets you want for Local Bitcoin and online Bitcoin gambling in general: it doesn’t matter if it’s free or premium, a mobile wallet, desktop wallet, a hardware wallet or web wallet – they all work. However, security should be your primary concern, so choose the Bitcoin wallet wisely. Here you can select a wallet to store your BTC and start transacting on the blockchain.
Here’s how you set up a wallet and buy Bitcoin from the UK if you don’t care about anonymity: Sign up with Coinbase – the safest and most reliable Crypto Exchange in the world.
Coinbase allows you to easily buy Bitcoin instantly via debit card, store Bitcoin in your Coinbase wallet and transfer the funds to the bookies or any other recipient. Also, if you’re going to want to sell Bitcoins (cash out), you have to add a bank account. It’s that simple!
After signing up with Coinbase, activate your account by confirming your e-mail address, complete your profile and then verify your identity. You’ll need a valid ID / passport / driving license. Additionally, you’ll be asked to take pictures of the document using the camera on your laptop, tablet or smartphone. The process is more or less the same as the KYC checks used by traditional bookmakers. And last but not least, don’t forget to secure your account: add your phone and enable 2FA Authentication!
All that’s left now is to register a payment method to buy Bitcoin: debit card or bank account. Complete everything carefully, double-check and confirm the buy. And Voila! You’ve got your hands on some Bitcoins that can be spent any way you want.
Note that although some online Bitcoin gambling platforms have their betting tokens, the online sportsbooks we recommend allow you to wager with Bitcoin, so you don’t have to worry about any other conversions.
How to Fund Your Bitcoin Sportsbook Account
Once you’ve got your Bitcoin wallet funded it’s time to transfer funds to a crypto bookie: it’s decision time! Registration is not mandatory with some Bitcoin bookmakers. You can place bets on sporting events and play casino games or Bitcoin dice without giving away any private information, but you can always add personal information if you wish to do so. It is essential, however, that you benefit from the extra security measures like 2 Factor Authentication (2FA) to make things as safe as possible.
On the other hand, some Bitcoin bookmakers will demand KYC verifications, especially those that are offering substantial signup bonuses. Luckily, this won't be the case if you choose our recommended BTC Casino and closely follow the instructions:
1) You will be asked to do a one-click registration when opening the Nitrogensports.eu website, right after successfully completing the captcha (human) verification.
2) You'll have to click the “I Agree, Create my anonymous account” button and complete another captcha to register. That's it!
Please note that registrations from some countries are being prohibited from time to time & even access to betting sites from IP addresses located in some territories where there is no clear jurisdiction regarding cryptocurrency gambling.
Gambling with BTC from the UK is possible and safe, as long as you use VPN to register and bet with Bitcoin anonymously. Nitrogensports.eu allows VPN, as long as you don't use an IP from a “jurisdiction that prohibits the use of bitcoins or prohibits placing bets online”.
We recommend this highly secure & reliable VPN, which has a 30 days money refund policy.
3) It's time to transfer the funds to your new BTC casino account!
Bitcoin sportsbook deposits are pretty straightforward: you’ll have to enter the unique wallet address of the recipient (provided by the bookmaker), the return address (which is the Bitcoin associated with your Coinbase account) and the amount of Bitcoin you want to transfer.
Bitcoin transactions are typically processed instantly and confirmed within minutes, but times will vary depending on the network congestion status.
You are now set to place your first Bitcoin bet! The rest is pretty much the basic stuff you already know. Bitcoin gambling platforms can be operated the same way as traditional betting sites: the sportsbooks come with the well known betting markets, the bet slip, the live betting and live streaming platforms, cash out – in some cases – and so on.
How To Withdraw Funds From Bitcoin Bookies
Let’s hope that your betting will be highly successful and you’ll want to withdraw winnings at some point. The process is very simple and straightforward: Perform a Bitcoin withdraw from the bookie’s cashier, adding your Bitcoin wallet address (your Coinbase BTC wallet if you followed our Bitcoin betting guide). In contrast to traditional online bookies, a top-notch crypto bookie should be able to complete bitcoin withdrawals within minutes. Then, you can use the funds to do whatever you want.
However, if you want to withdraw money from your Bitcoin wallet or in other words, to convert your wallet’s BTC balance to standard currency to be able to use the cash, you’ll have to:
- Sell the Bitcoins via Coinbase and transfer the money to your bank account, or
- Go to LocalBitcoins.com and arrange a sale with a person from the area you live in.
There are also other ways of cashing out your cryptocurrency, e.g., Bitcoin ATM’s, P2P Exchanges, Bitcoin prepaid cards etc. But it’s really up to you to decide which method suits you best. Just remember that this decentralised cryptocurrency transfers cannot be undone, so be careful and double-check every line before you confirm a Bitcoin transaction!
Betting With Bitcoin – Is It Really Worth It?
Blockchain and cryptocurrency have started to change the world we live in. Today we can buy food and pay for almost any types of goods and services via cryptocurrency. Who would have thought this 10 years ago?
Online gaming jumped on the bandwagon, and the industry is growing: We can presently wager on top competitions such as La Liga, Premier League, Champions League, World Cup, the NBA finals and even on eSports, fantasy sports, horse racing or obscure sports such as Pesapallo using cryptocurrency.
Bitcoin might become the most preferred banking method on all betting platforms in 10 years, who knows…
Today, some of the best Bitcoin betting sportsbooks allow users to deposit funds using the other cryptocurrencies like Litecoin, Bitcoin Cash, Ethereum, Dash etc. In the future, we might even have a dedicated betting token for all bookies.
As a conclusion to our crypto betting guide, we believe that betting with Bitcoin can be extremely useful for some punters, especially for those who:
- live in restrictive countries and only have a few choices (if any) when it comes to licensed sports betting websites;
- are often limited by traditional bookies and haven’t got many options left;
- want to place their wagers at the best odds;
- wish to stay off the grid and do their betting anonymously;
- prefer to perform transactions with zero or low fees (tax-free);
- want to benefit from provably fair casino games etc.
Of course, this doesn’t mean that crypto betting is perfect: Bitcoin is volatile, it can be used for betting on fixed matches, and there are many scammers out there who know that all Bitcoin transactions are permanent (and they can easily stay untraceable), so unless you are extremely careful, you won’t have any success in terms of recovering your eventual losses.
On top of that, Bitcoin bookies still have quite a bit of work to do to catch up with the latest features offered by traditional online sportsbooks.
We hope that our guide has helped you get started with Bitcoin betting: you should now know who the top UK Bitcoin sportsbook is, how to create a wallet, move your funds from the Bitcoin wallet to the online sportsbook, perform deposits and withdrawals to and from Bitcoin sportsbooks or Bitcoin poker sites and finally, how to cash out your Bitcoins.