The complete analysis of the best Bitcoin betting sites of 2022 : Cloudbet, 1Xbit, Sportsbet, Trusdice, bc.game.
Are you looking for the Best Bitcoin betting sites for Sport and Esport? If the answer is yes, on this page you will find out how to get the cryptocurrency, top up your gaming account and withdraw any winnings in complete safety. Betting using a cryptocurrency is in fact an absolutely unique way to experience this experience if you make the most of it.
Bet on sports and e-sports with cryptocurrency: faster, cheaper, safer, and more accessible
Betting with cryptocurrency has several advantages for sports and e-sports enthusiasts. Firstly, it allows for faster and simpler transaction processes. Unlike traditional payment methods, such as bank transfers or credit cards, cryptocurrency transactions are typically quicker and can be completed in just a few minutes. Additionally, they are often less costly in terms of transaction fees, which can be beneficial for bettors who make numerous transactions. Furthermore, cryptocurrency betting offers an increased level of privacy and security, as it is based on blockchain technology, which protects transactions against fraud and hacking. Finally, it is accessible to a wider audience, as it does not require a bank account or credit card to be used.
Cryptocurrency betting is faster and simpler and also often less costly in terms of transaction fees. It offers increased privacy and security and is accessible to a wider audience.
Betting on the FIFA World Cup 2022 in Qatar using Bitcoin with Cloudbet, 1Xbit, Sportsbet, Trusdice, bc.game have some of the best bookmakers around at their disposal. 1Xbit is one of the ADM licensed bookmakers to offer cryptocurrency betting via Neteller. However, the info relating to betting with Bitcoins does not stop here: keep following us!
Cloudbet is one of the market leaders in online betting sites using Bitcoin technology.
Since its creation in 2013, Cloudbet has established itself thanks to its intuitive interface and wide range of sports betting and casino games. In addition to its numerous Bitcoin deposit and withdrawal options, Cloudbet also offers a secure gaming experience through its data protection measures and fraud prevention.
1Xbit is another online betting site that uses Bitcoin as a payment method. What sets it apart from its competitors is its wide variety of sports betting and casino games available, as well as its regular bonuses and promotions for players. 1Xbit is also known for its high-quality customer service, available 24/7 to answer any questions or concerns you may have.
Sportsbet is one of the oldest and most reputable online betting sites using Bitcoin. Founded in 1998, this site offers a wide range of sports betting and casino games, as well as easy and secure Bitcoin deposit and withdrawal options. Sportsbet is also recognized for its state-of-the-art technology and innovative features, which allow players to track their bets in real time and enjoy the smoothest gaming experience possible.
Trusdice is a relatively new online betting site, but has made a name for itself with its state-of-the-art technology and wide variety of sports betting and casino games available. Trusdice also uses Bitcoin as a payment method and offers easy and secure deposit and withdrawal options. In addition to its numerous gaming features, Trusdice also provides high-quality customer service and regular promotions for its players.
bc.game is an online betting site focused on casino games that uses Bitcoin as a payment method. This site offers a wide variety of online casino games such as blackjack, roulette, poker, and slot machines, as well as easy and secure Bitcoin deposit and withdrawal options. bc.game is also recognized for its high-quality customer service and regular promotions for players.
By betting online on these Bitcoin betting sites, you can enjoy many benefits compared to traditional bookmakers. Firstly, Bitcoin is a secure digital currency that allows you to make transactions confidentially. In addition, these online betting sites using Bitcoin often offer faster and simpler deposit and withdrawal options than traditional bookmakers.
By using these online betting sites, you also have access to a wide variety of sports betting and casino games, as well as innovative features and high-quality customer service. Finally, by betting online on these Bitcoin betting sites, you often benefit from exclusive promotions and bonuses that allow you to maximize your winnings.
In summary, betting online on the best Bitcoin betting sites for 2022 offers many benefits compared to traditional bookmakers. If you want to get started in online betting, don’t hesitate to register on one of these trusted betting sites and take advantage of all the benefits they offer.
Given the recent discussions about Qatar hosting the World Cup in 2022, there has been an increase in the number of Bitcoin betting sites dedicated to that market.
We have compiled a list of our favorite sites in this article.
The article features reviews on each site, with statistics on their odds and debates about pros and cons, as well as a list of all contests they offer.
Why not give it a read? You might get lucky with one of these Bitcoin betting sites!
What are Bitcoins?
Let’s start from the beginning, that is, by answering the mother of all questions: what are Bitcoins? To clarify our ideas we have to go back in time to 2009, the year in which someone, responding to the pseudonym of Satoshi Nakamoto, programmed the software that gave birth and regulated the first cryptocurrency in the world. After an initial period of relative anonymity, the potentially subversive value of Bitcoin began to be known around the world.
But how exactly does it work? We are talking about money that is neither issued nor guaranteed by any Central Bank. It is based on a protocol called Blockchain which uses peer-to-peer technology. Each cryptocurrency transaction is public and saved in a distributed database, i.e. available on the PCs of all those who have opened a cryptocurrency wallet. The system is based on a pair of cryptographic keys , of which the public one acts as an address for sending or receiving payments (as if it were an IBAN), and the private one as a transaction authorization (like a PIN code).
In summary, transactions are public, but the natural persons who carry out them remain covered by anonymity . This payment system has known an ever-increasing popularity that has literally exploded in recent years. The demand for cryptocurrency led Bitcoins to increase their value by 1,700% during the 2017 calendar year alone, at the end of which they even entered the futures market . The world of betting could not therefore remain oblivious to this call.
How to use Bitcoin betting sites for FIFA World Cup 2022 in Qatar on Cloudbet, 1Xbit, Sportsbet, Trusdice, bc.game
After clarifying the subject of this review, let’s go a little deeper and find out how to use the most famous of cryptocurrencies for our favorite pastime, betting. Unlike traditional currencies, there isn’t one piece of code or data that could tell this is a Bitcoin . For this reason there is a need to use and set up a wallet that is both secure and reliable. The next step is to obtain the necessary Bitcoins to fill the newly created wallet. Again, there are some possibilities that we will look at in more detail later.
Open an online wallet
If you were asked to think about Bitcoins, a golden coin with a B-shaped design would immediately come to mind. This image is purely conventional, since cryptocurrencies exist only in the virtual world. To buy, sell and manage Bitcoins you will therefore need a digital wallet, without which it will not be possible to carry out these operations. There are several free software and sites that allow you to set up your wallet, with their mobile apps. The software can be complicated to manage for those who are completely ignorant of cryptocurrencies. We therefore recommend using simple web wallets. Among these the best known are BitPanda, Blockchain.info, Gemini and Bitquick. On some web wallets, such as Coinbase for example, it can be problematic to use Bitcoins for betting.
How to get Bitcoins
As it is easy to understand, it is not possible to go to the local bank or to a normal ATM to buy Bitcoins. However, there are several ways to obtain the best known cryptocurrency, the simplest of which is undoubtedly to buy them in one of the many Bitcoin exchanges on the web. The sites we talked about in the previous box also work as cryptocurrency markets and you can use them by paying in simple euros. The only problem with contacting one of these exchanges remains the fact of having to pay a commission for each transaction made. These sites also allow you to receive payments in Bitcoin. However, there are no simpler and faster methods. Alternatively, there are platforms such as Localbitcoin that connect people who want to exchange cryptocurrencies for cash.
Manage your Bitcoin wallet for FIFA World Cup 2022 in Qatar
A Bitcoin wallet consists of an encrypted file, accessible only if you have the relevant access key. What does all this mean? That there is no bank that keeps your crypto money safe for you. There are several options for storing your wallet. For example, you can keep your wallet online: a very practical option, but exposed to hacker attacks. The Bitcoin wallet is a virtual wallet and therefore it is possible to make backup copies to keep offline, on external memories, USB or paper wallet, i.e. printed on paper with two QR codes. Even if someone were to get hold of your wallet in an offline version, they still could not use it without an access key. This is why it is very important not to reveal your password to anyone and to keep it in a safe place, also because if you were to lose it, you would have lost your wallet forever
Top up your online betting account with Bitcoin for Sports : Football, BasketBall, Rugby and Esport : Call of Duty, CS:GO, Dota 2, Fortnite, FIFA, League of Legends
We understood what Bitcoins are, how the system works and how to create a wallet to buy and manage our cryptocurrency. We are then ready to make our first deposit on Bitcoin betting sites . There are some possibilities, even just talking about operators with an Italian license. Let’s see them in detail. The first and the best known goes through Neteller .
Our team has prepared a graphic that simply illustrates the operation and which you can find below. Simply log in to the operator’s account and follow the instructions to complete a normal deposit. Among the payment options, click on the Bitcoin logo to start the process. At this point you will have to choose the amount of your deposit, but be careful because you will have to choose the amount in traditional currency, ie in euros. This is where Neteller comes into action, which will act as a mediator, carrying out the transaction and changing the cryptocurrency into euros in order to finalize the operation.
As you can see from the steps illustrated above, the process has been optimized to be extremely simple and easy to carry out. The final deposit takes place in legal tender currency and requires an intermediary to be completed. Anonymity is therefore not maintained and there is no risk of money laundering, making the transfer of money in question very similar to a normal deposit.
Three methods explained in detail
As we anticipated Cloudbet, 1Xbit, Sportsbet, Trusdice, bc.game, alongside the method that includes Neteller in the payment, there are others, more or less known. However, it should be noted that as regards legal bookmakers, i.e. those in possession of an ADM concession in Italy, an intermediary is always required to apply the conversion from Bitcoin to euro. Paying sports bets directly from the Bitcoin wallet is only possible on unlicensed platforms .
DEPOSIT USING LEGAL CURRENCY
The directives of the Customs and Monopoly Agency provide that affiliated operators must know their users and trace the origin of the money from the bets. For this reason, for example, an identity document is required to validate the gaming account. And for this reason, an intermediary is needed to exchange Bitcoins for euros in order to bet. This is a measure to prevent money laundering
PEER TO PEER TRANSFER
Then there is the possibility of transferring cryptocurrency between two wallets. Each transaction is tracked and made public by Blockchain . This operation requires three pieces of code. The first part consists of the input, i.e. the address of the wallet sending Bitcoin. The second is the amount of cryptocurrency sent. The last part, the output, is the address of the receiving wallet. As mentioned, there are still no legal bookmakers with this option.
PURCHASE OF BOOKMAKER CURRENCY
Finally, there is a different method, certainly less common than the previous two. It consists of exchanging Bitcoins for bookmaker tokens or chips . In this way the bets placed on the betting site will have the value in Bitcoins, having never been exchanged with traditional currency. This approach is mainly applied by all-bitcoins operators who trade only in cryptocurrency. However, these are not legal sites in Italy.
However, we believe that the legal market will soon adapt to the new needs of the present . In reality, being presented in the form of an e-wallet, it does not differ much from other forms of payment that we have already seen on these pages and which are usually used for online sports betting. We have summarized the possible alternatives in the three boxes above.
Withdraw sports betting winnings with Bitcoin
At this point we just have to place the bet and hope for some good luck with Cloudbet, 1Xbit, Sportsbet, Trusdice, bc.game. If we are lucky and manage to accumulate an interesting amount of winnings, we can proceed with a withdrawal. If we want to withdraw the winnings from a bet in Bitcoin from a bookmaker’s site, we must necessarily rely on a platform that converts cryptocurrency into traditional currency . The only platform that operates this transaction with a bookmaker is Neteller : so let’s make sure we have a green e-wallet set up to perfection.
How the withdrawal works in detail
Let’s see the procedure in detail, thanks to the image that our staff has developed for you. By following the step-by-step instructions, the withdrawal process does not involve any difficulties . First, go to the withdrawal section of your gaming account on Just like you did to request a deposit, click on the icon corresponding to the transaction in Bitcoin.
rom now on the ball passes to Neteller. Our withdrawal from Bitcoin betting sites, as mentioned, precisely because it is unconventional, requires an intermediary. Thanks to the famous e-wallet, in fact, it is possible to convert our cryptocurrency swag into traditional currency, in our case in euros. Neteller can take up to 1 business day to process this transaction , although in most cases this is done in real time. No commission is applied. At this point we can proceed with the withdrawal of money. Either we send a withdrawal order from Neteller to the bank account, or we use the prepaid Neteller MasterCard to withdraw cash directly from one of the participating ATMs.
Are there any bonuses on Bitcoin betting sites for FIFA World Cup 2022 in Qatar?
As you will have understood by reading this page up to this point, Bitcoin betting sites are at the moment a… bet within a bet, given that cryptocurrencies are a new world and yet to be explored , not only by bookmakers but more generally by anyone who provides financial services via the internet. Consequently, it is certainly not easy to come across betting bonus if you choose this payment system.
The operator indicated above, the only one together with NetBet to accept for the moment this method of deposit and withdrawal even among the various roulette casinos , however makes its periodic offers compatible with those who use them. Always read the terms and conditions of the promotions carefully , to understand if the welcome bonus is also payable to those who choose Bitcoin as a deposit system.
Differences between betting with Bitcoin and with traditional currency
Online betting with Bitcoin is a completely unique way to play. Adding to the thrill of the bet itself is the thrill of betting on the value of the cryptocurrency itself. Bitcoins are a decentralized, but reliable and relatively secure currency. However, they are subject to a very high rate of volatility compared to traditional currencies such as the euro or the dollar, which means that from the moment you place your bet to the moment you collect your winnings, the stakes may have acquired additional value . But be careful: just as their value suddenly increases, it can also decrease. It is to all intents and purposes a bet within a bet.
raditional currency doesn’t offer that much thrill. On the other hand we must also make some other considerations in this regard. Managing and operating with Bitcoin is not child’s play and requires some skills and a minimum of experience, which we hope to have helped you form with this review. It should also be emphasized that the stability of the traditional currency does not involve risks and is protected and guaranteed by public institutions and banks . Also, when you make a withdrawal, you can spend your money directly, rather than going through a middleman to convert your currency. The choice is yours: after all, it’s still a game.
Useful tips for using cryptocurrencies safely
Bitcoins are not just a new currency, but a real experiment never attempted before, but still in an experimental stage. It is therefore good to inform yourself properly and take the necessary precautions before starting to use them. The first precaution concerns your Bitcoin wallet. Just like a real wallet, it should be kept safe and away from prying eyes. For example, purses offered by online services can be very convenient, but have proven in the past to be more exposed to external attacks . Updating the software often is therefore essential. It may also be considered a good idea to keep only the money you intend to spend in an online wallet.
For savings, on the other hand, it is better to use cold storage methods, i.e. keep the backup of your wallet offline on USB memories or on paper via QR code. Always keep your wallet and its backup encrypted, but be careful. Unlike a normal bank account, it is virtually impossible to recover the password of a Bitcoin wallet. Therefore, always keep a paper copy of the password, preferably locked in a safe. For this reason, in the worst case scenario, ensure with a will that someone you care about can trace your wallet to prevent your funds from being lost forever. Finally, remember that these transactions are immediate and irreversible: therefore think carefully before authorizing a payment.
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Bitcoin betting: a unique approach to online gaming for FIFA World Cup 2022 in Qatar
In this long review we got to know sports betting better with Bitcoin, i.e. with a payment method still at the beginning of its journey. Thanks to the characteristics of the cryptocurrency, including very fast deposit and withdrawal times, practically non-existent management costs and commissions and high levels of privacy and security , Bitcoins have everything it takes to establish itself in the betting world, as it already does somewhere else. Since 2009, the year of their creation, cryptocurrencies have come a long way and are now used everywhere. We therefore expect regulation of the sector soon and that many other operators will follow the path of the most avant-garde bookmakers. To find out more about the world of betting with 1Xbit, Sportsbet, Trusdice, bc.game!
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