Mainstream acceptance of Bitcoin is no longer just a pipe dream. The value of the cryptocurrency has skyrocketed. So too has the demand for its use for sports betting. It’s the crypto of choice for many sports bettors, and online sportsbooks have taken notice.
What the customers want, they tend to get. Bitcoin is available in several spots, and the list of options is expected to keep growing. The Odds Shark team is here to help you sort through the noise and separate fact from fiction. Read on for a closer look at Bitcoin betting sites.
FinCertified Bitcoin Betting Sites
Bitcoin can be used at a handful of online sportsbooks for now. As the acceptance of cryptocurrencies becomes more widespread in the coming months and years, the list of books that include it among their deposit and withdrawal options is expected to grow.
No books available.
Sportsbooks that take bitcoin 
When taking a look at online sportsbooks that take Bitcoin, the OddsShark team wants to know the full story. Beyond accepted funding methods, we dig deep to review all of the aspects that matter to bettors, such as the competitiveness of odds and lines, plus the overall user experience. Below are the Bitcoin betting sites that hit the mark.
TonyBet
TonyBet is one of the top online sportsbooks in Canada. One of its top features is an extensive menu of funding options, including Bitcoin. The sportsbook hits the mark in many other ways, including odds and lines that are consistently competitive.
If you’re a casual bettor who sticks to the top games and events, TonyBet is a great fit. Meanwhile, experienced handicappers will love features like lookahead lines and betting tournaments. TonyBet is one of the clear leaders in Canada sports betting.
- Lookahead lines available for betting games 2 weeks in advance
- Extensive data provided for each game to help inform wagers
- Solid live betting platform
- Intuitive app functionality - great for beginner bettors
- Diverse withdrawal options, including Crypto
- Betting tournaments and prizes
- Quick and helpful customer support
- Limited player props menu
- No live streaming options
- No same game parlays
- No NFL Futures or Teasers betting market
TonyBet User Experience
FIND YOUR EDGE
Find Your Edge - Leveraging Odds Shark’s industry expertise, we highlight unique, expert-evaluated elements of each sportsbook to help users confidently select the platform that fits their needs.
- Image
- Image
- Image
Pinnacle
Pinnacle is a highly-regarded sportsbook that continues to make waves in Canada. Bettors love the functionality while also having their choice of preferred funding methods, such as Bitcoin. One of Pinnacle’s calling cards is odds and lines which are typically competitive.
The live betting experience is another top feature, with the sportsbook also providing outstanding coverage of the top sports and events. If you’re on the hunt for a reliable sportsbook that accepts Bitcoin, Pinnacle deserves a spot on your list.
- Excellent for competitive odds and lines
- Great coverage of major sports and events
- Solid spot for live betting
- Smaller menu of niche sports
- Limited promotional opportunities
Pinnacle user experience
FIND YOUR EDGE Find Your Edge - Leveraging Odds Shark’s industry expertise, we highlight unique, expert-evaluated elements of each sportsbook to help users confidently select the platform that fits their needs.
- Image
- Image
- Image
DFS Sites That Take Bitcoin
Similar to online sports betting, Bitcoin isn’t currently accepted at the major daily fantasy sports sites. However, the demand for it continues to grow among players. While there are no immediate signs that the landscape is set to shift dramatically, there are expected to be at least some options for DFS players to consider in the future.
How We Rank Bitcoin Betting Sites
Our sportsbook reviews are built on thorough, hands-on testing by our industry experts who prioritize what bettors care about most—security, competitive odds, fast payouts, and a smooth user experience. We break these down into a series of Trust Factors that have been FinCertified, by receiving the Odds Shark fin seal of approval from our expert team.
Our structured evaluation process ensures that only the best and safest betting sites make the cut. Each sportsbook undergoes rigorous testing, from signing up and collecting bonuses to placing bets and withdrawing funds. (Nobody said our job isn't fun!)
Odds Shark
FinCertified Trust Factors
- Image
- Image
- Image
- Image
- Image
How to Sign-Up At A Bitcoin Betting Site
Creating an account at the best Bitcoin sports betting sites is as straightforward as signing up on most websites, with a few additional steps specific to sports betting. Most sites welcome new users with enticing bonuses, which can be easily claimed after a quick registration and ID verification.
Here, we’ve laid out a step-by-step guide to help you navigate the sign-up process smoothly, from entering basic personal details to unlocking your welcome offer.
Register
Fill out the required information to register your account and claim your welcome bonus -- this includes your location, phone number, email address, and more.
Profile Verification
Complete the account verification process by providing any necessary identification documents to comply with regulatory requirements, such as age and identity verification. Most sports betting apps require you to provide a piece of government ID.
Deposit Funds
After your account is verified, deposit funds using the payment method of your choice.
Place A Bet!
Once the funds have hit your account, you can start exploring the sportsbook's offerings and place your first bets!
Essential Bitcoin Betting Sites Information
Back in 2009, Bitcoin launched to little fanfare. Outside of its most ardent supporters, it remained little more than a novel curiosity for a few years. Let’s just say that the perception has changed in a massive way. The value of the cryptocurrency has gone through the roof, raising awareness and spiking demand for its use in more settings, including sports betting.
The Current Landscape
The legal online sports betting marketplace in the US continues to grow and evolve. To date, none of the top shops accept Bitcoin or other cryptocurrencies for deposits or withdrawals. In Canada, a few books have gotten ahead of the curve and welcome the use of Bitcoin. While we can’t predict the future, signs point to wider acceptance of Bitcoin moving forward.
What’s Coming Next?
When we look at other innovations in online sports betting, such as in-game wagering or SGPs, someone had to take the ball and go first. From there, it’s a snowball effect as other shops race to catch up. It could be the same story once the floodgates are open with Bitcoin in the US. There are already some Bitcoin-friendly books up in Canada, suggesting more to come.
Staying Informed
Complete coverage of Bitcoin betting and much more can be found right here on these pages. The experienced OddsShark team has you covered with sports betting guides, detailed sportsbook reviews, the latest odds from across the industry, and everything else you need to know to become a more informed sports bettor.
Bitcoin Betting FAQ
Can I bet with Bitcoin?
Yes, you can most definitely bet with Bitcoin. Believe it or not, Bitcoin is actually one of the most reliable and one of the most popular cryptocurrencies that is used around the world these days. Not only does Bitcoin guarantee safe and fast transactions, Bitcoin also guarantees complete anonymity and confidentiality. However, there are limited sportsbooks that are currently accepting bitcoin as a deposit option.
Is Bitcoin gambling legal?
There aren’t any specific laws regulating Bitcoin gambling. Bitcoin betting is neither officially allowed nor is Bitcoin gambling prohibited. More authorities and more countries look at Bitcoin in a positive light, but most governments still don’t refer to Bitcoin as a real currency. Any regulations around traditional currency in sports betting sites and online casinos should not be applied to Bitcoin betting sites.
Is Bitcoin like betting?
Bitcoin could be either a gamble or an investment depending on your approach. If you buy Bitcoin with the intention of trying to get rich fast, then it qualifies more as gambling. However, if you honestly believe in the advantages of Bitcoin, then buying Bitcoin now might be considered more of an investment.