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This is essentially the rulebook by which the site plays and you’ll also find important information here about how the app is licensed, what happens if there is a dispute and so on. Like Colorado and Virginia, draft regulations for sports wagering in Ohio would grant the commission’s executive director authority to approve new account deposit methods. Similarly, the use of crypto has not yet been brought up by casinos or sports-betting license applicants in Ohio, said Andromeda Morrison, general counsel for the Ohio Casino Control Commission. But the current issue with sports betting is the middleman in the form of bookmakers who usually charge a 10% “vig” or fee for every bet. Bettors from different parts of the world can participate without being hindered by geographical boundaries or currency conversion issues.

The platform also hosts frequent betting competitions, which offer huge cash prizes for top bettors. The only real downside to Cloudbet is that the promotions are mainly aimed at casino customers. While this isn’t a huge problem, especially if you also love playing casino games, Cloudbet could do more to give bettors extra ways to win. One of the coolest things about Mega Dice is that it’s fully integrated with the messaging app Telegram. This makes up for its lack of a mobile app and adds extra privacy due to the anonymity of Telegram.

Most legal betting sites offer some combination of PayPal, Skrill, Play+, Visa, Mastercard, and online banking. The best bitcoin sportsbooks sportsbooks offer giant welcome bonuses and a wide range of attractive ongoing promotions. Look for deposit match bonuses and risk-free bets when picking a new betting site — but be sure to read the terms and conditions of these offers carefully. Also – remember that while gambling can be a fun way to make some money, it is also addictive, so always gamble responsibly. Do you have comments or any experience with crypto betting platforms?

You deposit in crypto; the bookmaker holds your balance in crypto, and you get payouts in crypto. The price can fluctuate, but it will only change as it would if you were simply holding the crypto outside of the bookmaker. This method is nice and clean, and it treats the tokens the same as normal currency to bet with cryptocurrency. We found that the average confirmation time for a Bitcoin deposit was 4-6 minutes, and most sportsbooks will let you begin betting before your transaction officially cements itself on the blockchain.

In total, 1xBit offers Bitcoin sports betting on over 30 different sporting events. Like other crypto betting sites on our list, Sportsbet.io supports a range of cryptocurrencies in addition to Bitcoin. Over the past seven years, CloudBet has constantly remained at the forefront of best bitcoin sportsbooks, offering a huge range of sporting events and all major tournaments. Not only is FortuneJack easy to sign-up and get started with, but it’s also one of the safest and most well-established crypto betting sites – easy to use even for beginners. Competitive odds are crucial for bettors looking to maximise their returns.