Best Bitcoin Esports Betting Sites [2024]

November 25, 2023
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The Esports betting industry is changing fast with cryptocurrency integration.

Now, you can use Bitcoin, Litecoin, Ethereum, and other tokens for fast payments, and enjoy betting on your favourite tournaments.

But what features and benefits does it offer and what bookmakers offer such an opportunity? We’ll discuss it in our article. Let’s get started!

Bitcoin in Esports Explained

The integration of Bitcoin into the esports betting industry marks a significant milestone in the evolution of online gambling and wagering.

Originating in 2009, Bitcoin, a decentralized digital currency, gradually gained acceptance across various sectors, including esports betting as a fast, convenient, and safe option for transactions with players. 

Since the birth and development of cryptocurrencies, the sports betting cluster has evolved into crypto betting esports. For esports betting, there are several strong benefits to using Bitcoin.

Improved security is one important benefit since blockchain technology makes sure that transactions are transparent and unchanging.

Another factor that increases user anonymity and a layer of privacy that conventional payment methods might not provide is the decentralized nature of bet esports Bitcoin transactions. 

Security and Fair Play

Digital transformation and the overall digitalization of public life have directly affected the emergence of potential threats. That is why online gambling platforms aim to offer its customers fully protected betting.

So, let’s look at the technologies gambling companies use to turn esports crypto betting into a fun vacation with nice winnings.

Blockchain Technology

The main level of cryptocurrency security depends on blockchain technology.

It is the basis of digital currency and is responsible for:

 Immutability, i.e., the information recorded on the blockchain will remain constant and ensure data safety.

✅ Decentralized storage and processing (allows all transactions to be registered in a distributed ledger owned by all network participants).

Provably fair algorithms power blockchain-based esports betting services. These methods use cryptography to prove bet fairness and outcome randomization. Users trust the system because they can independently verify betting integrity.

To demonstrate fairness, each platform uses cryptographic hash functions and public verification techniques specific to these algorithms. 

Account Security

To provide additional protection, esports betting crypto platforms use several security layers: 

✅ Two-factor authentication (2FA). 2FA acts as an additional security layer that requires information that only the user knows.

Encryption. Crypto encryption technology provides access restrictions to the electronic wallet and cryptocurrency assets from unauthorized access.

Cryptography and cryptographic signature. Private keys and hash functions for creating a unique identifier are responsible for reliable cryptography. 

In addition to the tools mentioned above, some platforms provide methods to protect the crypto wallet. This method is known as a cold wallet. It is based on private keys for storing tokens in offline vaults.

Best Bitcoin Esports Betting Sites 2023

Esports betting Bitcoin is a matter that requires careful consideration when choosing a platform for leisure. That is why we will consider 6 high-quality representatives of the esports cluster that successfully combine security, quality, and functionality.

Sportsbet.io

Sportsbet.io entered the gambling market in 2016. The platform specializes in cryptocurrency payment methods, although it also offers fiat payments.

On the website, you can deposit Bitcoin, Ethereum, Ripple, and others. So in the promotions section on their website, you can find a lot of nice bonuses, for example: Daily Races and Weekly Raffle.

The only drawback of Sportsbet.io is its focus on sports and e-sports betting, but the lack of focus on games is covered by a convenient interface and the possibility of crypto-betting esports.

More than 40 sports will have relevant events for your bets. And with the help of the Inplay and Upcoming modes, you can choose a particular format of sports events. 

It is also worth paying tribute to the communication and customer support methods. You can use the live chat function with options for popular queries, the help centre, and e-mail to do this.

Winz.io Sports

The crypto bookmaker Winz.io was launched in 2019 and has managed to attract an audience worldwide.

The platform offers an extensive sportsbook with more than 30 sports disciplines as well as a wide selection of all possible bets on esports events like Dota 2, CS 2, or PUBG. Users can place pre-match bets or play live events.

Winz.io Sports Bonus

 

Another significant advantage is the cryptocurrency specialization and multiple currencies in one account.

The platform provides an opportunity to deposit funds in 6 types of currency, including Dogecoin, Bitcoin, and others. In addition, new users can receive a welcome bonus for registration (up to 100% for a deposit), a Risk-Free Bet, and other unique offers.

Cloudbet Sports

The Cloudbet website will greet players with a stylish design and clear structure. After logging in to the system, customers can immediately deposit funds using any convenient method: both fiat funds and cryptocurrencies.

Cloudbet Sports welcome offer

For this purpose, Cloudbet Sports has 30 different types of coins in its arsenal. Also, because of the SSL certificate, and 2FA, you don’t have to worry about the security of your data and calmly bet on all possible esports events like CS 2, Valorant, and other tournaments.

The platform has a recognizable image in the market thanks to a vast sports event catalogue, a welcome sports bonus of up to 5 BTC, high odds on events, and a customer-oriented design. Not every company can offer such a successful combination of advantages for bets esports Bitcoin.

Crashino Sports

Crashino Sportsbook is a relatively young company that opened its services to customers only in 2021. Nevertheless, the company already has a high status among the representatives of the sports betting market.

Crashino sportsbook

Crashino has several unique advantages, among which the main one is the opportunity to purchase almost any cryptocurrency directly into your account.

The platform also features a variety of esports markets and provably fair algorithms. The bookmaker operates under a license and guarantees safe sports betting. The platform runs on a fully encrypted website.

Due to a clearly defined privacy policy, customers may not worry about their data.

Stake.com Sports

The Stake.com online platform aims to offer a safe and varied gambling experience. For this purpose, the site has several large sections, including a sportsbook.

You will find more than 30 sports disciplines and a separate tab with Top Sports. Also, more than 10 promos are available, including Weekly Raffle, Drops & Wins, and others.

Stake.com Sports

Stake.com has established clear rules of responsible gambling to ensure that Bitcoin esports betting is only fun. The company uses all satisfactory measures, including the 2FA option for security.

In addition, the platform has been tested by the Crypto Gambling Foundation and meets all standards.

BC.Game Sports

One of the bookmakers who managed to combine a restrained design with cartoonish colour elements successfully.

BC.Game is available almost all over the world and surprises all its players with its convenient and unique design and a huge variety of available cryptocurrency deposits.

BCGame

In addition to offering the use of almost all known cryptocurrencies, the platform teaches how to do it better, which wallet to use, and how to protect it.

BC.Game provides an opportunity to issue a quick coupon and has an extensive sportsbook with matches and live events, including esports. 

Trends in Bitcoin Esports Betting 2024

As technological advances continue to offer innovative new-generation solutions, the cryptocurrency industry is also constantly changing.

Technological Advancements

Future Bitcoin esports betting systems will use advanced technology such as ChatGPT integration. These innovations could improve the user experience of esports betting with Bitcoin.

Integration with ChatGPT makes interactions more straightforward and provides personalized betting concepts, providing a dynamic and engaging environment.

Esports betting with cutting-edge technology like GPT will combine seamlessly, improving users’ enjoyment and satisfaction in the changing scene.

Industry Predictions

There are numerous major developments and shifts predicted to affect the Bitcoin esports betting business in 2024 and beyond:

 market growth

 regulatory developments

 technological innovations

Market growth will continue as Bitcoin becomes mainstream and esports gain popularity. Regulatory changes may affect Esports betting platforms.

Technological advances like blockchain integration and user interface improvements are projected to improve the user experience and boost this industry.

Conclusion

Finally, the addition of cryptocurrency, particularly Bitcoin, to esports betting is a major leap in online gaming and gambling. Bitcoin decentralization and blockchain technologies improve esports betting security and user experience.

The immutability and decentralized storage of esports betting cryptocurrency transactions improve security. Using cryptographic approaches for transparency and verification, provably fair algorithms ensure bets are fair.

So, bet responsibly and win 🎮