Nowadays, cryptocurrency is becoming more and more common and it is used for settlements in various areas of our activity. It also applies to online gambling. Therefore, the number of gambling sites that accept crypto is growing every day.

Let’s try to figure out what kind of sites they are, and what are the best crypto gambling sites 2023, compare them with traditional ones, note their pros and cons, and answer the most frequently asked questions.

Types of Crypto Gambling Sites

So, as you probably guessed, gambling crypto sites are online gaming portals that provide the opportunity to gamble or bet on sports for cryptocurrency. As a rule, such sites differ from most of their fiat counterparts in the speed of transaction processing, increased security and privacy, as well as a wider range of services and content. When choosing such a site, you should pay attention to those that offer:

• More generous and tempting bonuses;
• Enlarged selection of available cryptocurrencies;
• More modern games adapted to play on mobile devices;
• Multilingual support service and other important parameters.

All online gaming portals that use crypto can be divided into three groups:

Crypto Casinos

To date, this is the most prevalent type of gambling portals accepting crypto. The operation principle of crypto casinos is based on blockchain technology, due to which they have maximum transparency and decentralization.Here, avid gamblers and newbies can experience all the charm of: 

• Various slots from fruity classics to high-class novelties;
• Table games such as baccarat, poker, blackjack, roulette, craps, and more;
• Games from the «Live Casino» section, where players will meet with live dealers and show hosts who will help them immerse themselves in the world of the best land-based casinos in real time;
• Games with a regular and progressive jackpot, allowing you to turn into a fabulously rich minion of fate in one moment;
• Various mini-games like instant scratch ones, Aviator-type crashers, good old Plinko, Bingo, and other mega hits from the leading providers of the gambling industry, such as PragmaticPlay, MicroGaming, Evolution, Play’nGO, Spribe, and many others.

Most cryptocurrency games are based on the innovative «Provably Fair» principle. Thanks to this principle, any player can be convinced of the randomness of the RNG at the end of each round. «Provably Fair» almost completely eliminates the possibility of intervening in the process of the game and changing its result, both for casino employees and other players.

Thus, the introduction of blockchain technology has a positive effect on the operation of the casino and attracts a large number of users, as it speeds up transactions, while increasing their level of security, and also makes the result of the games as fair as possible.

Crypto Sports Betting

Along with online casinos, online betting sites that accept bets in the cryptocurrency have recently gained great popularity. Compared to regular betting sites, cryptocurrency portals offer their customers a more diverse selection of both high odds bets and various markets.

Here you have the opportunity to make both Live bets and pre-match predictions. Various types of bets are available, such as Outcome, Total, Handicap, Correct Score, Double Chance, and others.

As a rule, a wide variety of sports and competitions are available on crypto gambling betting sites. You can bet on almost any soccer competition, be it the World or European Championships, Champions League or UEFA Cups, Premier League, La Liga, Serie A, Bundesliga tournaments, women’s league football matches, and more.

In addition to this wonderful sport, you can bet on hockey, tennis, basketball, baseball, skiing, water polo, cricket, various racing, boxing, freestyle wrestling, MMA, and other contact sports. In addition, various exotic competitions are available here, such as darts, curling, Simulated Reality League championships, e-sports, and international competitions in various computer games (World of Warcraft, Dota 2, Counter-Strike, etc.)

Moreover, on many crypto gambling portals, players can bet on events from the world of politics, wondering which candidate will win the election or who will receive this year’s «Oscar» for Best Actress by placing bets in the «Showbiz» section.

Crypto Poker

Fans of card battles have appreciated the new crypto gambling sites for playing poker – poker rooms. Most modern crypto poker rooms, unlike their fiat competitors, do not require downloading special applications or any other software and are available in the browser. Avid gamblers can enjoy different variations of the most popular card games such as Hold’em, Stud, Draw, H.O.R.S.E., and others without worrying about their privacy.

Advantages

There is no need to argue about the benefits when it comes to cryptocurrency gambling sites. Nevertheless, we will highlight the main ones and present them in the table below:

Disadvantages

The use of cryptocurrency for bets at casinos, poker rooms, bookmakers, and other entertainment portals has definitely a number of advantages, which are mentioned above. However, along with them, there are also some drawbacks, which we also present in the form of a table:

As we can see from the information provided, the pros of paying with crypto significantly outweigh the cons. This fact causes a noticeable increase in the popularity of gambling crypto sites and makes them serious competitors to traditional ones.

Criteria to Choose the Best Crypto Gambling Sites

Due to the popularity of cryptocurrency and its multiple benefits, there are quite a significant number of online crypto gambling sites that offer their entertainment services. How not to get lost in this multitude and choose the right one? We offer a few tips to help you make your choice:

• First of all, do your research and choose a site that has a good reputation both among users and independent Internet resources. 
• Make sure it has a license issued by a trusted regulator authority. There are many countries that give official permission for e-gambling. The most prevalent is a license issued by the competent authority of Curacao. The most reliable are licenses issued by the UK Gambling Commission (UKGC) and the Malta Gaming Authority (MGA). If an online crypto gambling site has been licensed by one of these authorities, you can bet and play your favorite games there without any hesitation or apprehension;
• Pay attention to the content of the site. Give preference to a portal with a large selection of gaming software or sports markets. In the case of a casino, make sure that there are quality certificates for the RNG, confirming the fairness of the result of these games. As a rule, the icon confirming the presence of such certificates is located in the footer of the main page of the site;
• See what bonuses the gaming portal offers for both newcomers and regular customers. Check how realistic it is to play them. Avoid sites with questionable or exigeant wagering requirements. Otherwise, it will be difficult for you to receive your legitimate winnings in your e-wallet;
• Choose a site with conscientious 24/7 customer support. If you have any difficulties or questions, you can be sure that you will be duly assisted;
• Last but not least, when choosing from several, give preference to a portal with a higher level of security. Then you can be sure that your funds will not be stolen by scammers.

This is not a complete list of criteria by which you should choose a gambling site, but if you stick to the above, you will be more secure and able to enjoy your favorite entertainment without worries. 

What are Crypto Gambling Sites and How Do They Work?

Online entertainment with the possibility of paying with cryptocurrency is slowly but inevitably replacing the standard one. Most online casinos, poker rooms, and sports betting platforms are increasingly and willingly accepting cryptocurrencies or even switching to this innovative type of currency. 

Best crypto gambling sites offer their clients more:

• Attractive bonuses;
• Favorable conditions for wagering;
• High-quality game content;
• Selection of sporting events and markets, better betting odds;
• Safe, secure, and fast access to their favorite entertainment.

To join the huge number of gambling crypto sites customers, you just need to register on one of them, create your account with one of the accepted types of cryptocurrencies and start playing.

Step By Step Guide: How to Get Started at Crypto Gambling Sites

Before you start gambling or betting on sports in cryptocurrency, you should carefully study the issue in order not to make a fatal mistake, because it is about your finances. We offer step-by-step instructions explaining in detail how to start using crypto on gambling sites. 

Choose a cryptocurrency wallet

The very first step is to choose the right e-wallet. This is an application or an online platform that allows you to perform operations with cryptocurrency using access keys to it. There are many different wallets with various functions and suitable for different types of cryptocurrencies. Choose from them the one that fully meets all your requirements.

Buy some cryptocurrency coins

To do this, you will need to decide whether you are going to buy currency on a special exchange or from a broker. In the first case, it is cheaper (low or no fee) but more difficult (you need to understand the procedure, the interface of the exchange, etc.), in the second, it is more expensive (a rather high fee), but easier and faster. It is true that in the case of a broker, it is possible to run into scammers, so when choosing, it is best to rely on their reputation.

Make sure that the broker or the exchange you choose can sell you the type of cryptocurrency that you need to fund your gaming account on the gambling site where you are going to play.

Arm yourself with knowledge

Decide what games you are going to play or what markets you are going to bet on. Read the rules carefully, especially those in small print. Learn different types of winning strategies, and practice in demo mode in their use. Check out educational and explanatory videos on YouTube, and read forums and blogs. And most important: don’t let the excitement cloud your mind, play consciously, and never spend more than your planned bankroll.

Sign up with a crypto gambling site

Choose a gambling portal that fully meets your requirements. Make sure it is legal and reliable. Convince yourself of the professionalism and loyalty of the customer support service. 

Open an account and deposit your crypto

If the crypto gambling site you have chosen completely satisfies you, register there and open your account. As a rule, registration on high-end gaming portals is simple and takes a few minutes. Once an account is created, you can deposit your chosen cryptocurrency and start playing. Please, note that on most gaming sites, deposits and withdrawals must be made using the same payment method and currency.

Choose your betting and gambling options

So, the main work has been done and you just have to choose entertainment to your liking. Whether it’s betting on your favorite team to win the World Cup, chasing the progressive jackpot on a popular slot, or a Texas Hold’em tournament, with the right mindset and approach, you’re guaranteed to have fun.

Crypto Gambling Sites Bonuses

In most cases, the bonus system of gaming sites using crypto is more attractive than that of traditional ones due to greater generosity and rewards and a fairer wagering system. Let’s take a look at what bonuses you can find on crypto gambling portals.

Welcome Bonus

The award for joining the army of gaming site customers is the most common form of encouraging new customers. It consists of a percentage of the player’s deposit amount credited to their game account and a certain number of free spins in designated slots. Sometimes it can be a bonus not only for the first deposit but also for the second, third, and even fourth. The amount won requires wagering under certain conditions. 

For example, a Welcome Bonus at an online casino might look like this:

Get a 150% bonus up to 2 BTC + 150 Free Spins.

• The 1st deposit gives you the opportunity to receive a 100% reward of up to 1 BTC + 100 Free Spins in the «The Book of Dead» slot.
• The 2nd deposit will bring you 50% up to 1 BTC + 50 Free Spins in the «Sweet Bonanza» slot.

Wagering Requirements are x35 for a bonus / x30 for Free Spins, a promo period is 10 days.

No Deposit Bonus

This type of reward is assigned to newcomers for registering on the crypto gambling site. It usually happens in the form of a small amount of money (up to the equivalent of €/$50) credited to the client’s game account or in the form of free spins in several slots to choose from. To receive this bonus, the client does not need to top up the account. As a rule, such an award is used by recently founded gaming portals to attract more customers.

Free Spins

Such a bonus can be assigned in various cases, such as: 

• Part of the Welcome, Reload Bonuses, or Loyalty Program;
• No deposit reward;
• Birthday or New Year gift.

No Wagering Bonuses

This is a type of bonus that does not require wagering. It can be in the form of a no deposit bonus, a free bet, free spins, or a small amount credited to your account. Everything that you win by using this type of bonus will not need to be wagered and can be withdrawn to your e-wallet.

Reload Bonuses

This reward is designed to interest regular clients. Usually given as a percentage of the customer’s deposit made over a certain period of time (for example, over a weekend) + some amount of free spins.

Loyalty Rewards

This is a bonus system for regular customers. It works on the principle that «the more you play, the more you get». Depending on the number of coins betted over a certain period, the player receives game points that allow them to grow up the career ladder from level to level. Each new level allows the player to increase the cashback, reduce the size of the wagering odds, and get a prize in the form of replenishment of the gaming account or free spins and other nice goodies.

Free Bet

Such a reward is provided on betting sites and, as a rule, is a welcome bonus to attract new customers. According to the rules, in case of a win, the player receives only the amount of winnings, excluding the amount of the bet. Thus, the player can win real money without spending a single cent on a bet.

Accepted Cryptocurrencies

The range of cryptocurrencies used on gambling sites is quite extensive. Below we provide a list of the most popular coins that you can bet on both at online casinos and bookmakers or poker rooms:

• Bitcoin (BTC). This is the most common and recognizable type of cryptocurrency. Its popularity is due to its wide use on almost all exchanges and crypto gambling portals;
• Litecoin (LTC). It is a fork of Bitcoin launched in 2011. It is popular due to its relatively low cost, high transaction speed, and wide application;
• Dogecoin (DOGE). It is the first meme cryptocurrency, conceived in 2013 as a satire on bitcoin, however, over time it grew into a serious competitor in the currency market. It has a higher transaction speed than Bitcoin and Litecoin;
• Shiba Inu (SHIB). It is an anonymous 2020 meme-cryptocurrency conceived as a Dogecoin killer, characterized as «Pump and Dump», has a controversial reputation, but is popular with experts; 
• Ethereum (ETH). It is a cryptocurrency and at the same time a platform for creating decentralized online services based on smart contracts. It’s a popular online casino betting coin with high transaction speed;
• Binance Coin (BNB). This is the native token of this exchange, created in 2017. With this cryptocurrency, you can pay Binance fees at a discount of up to 50%. It can also be used for cryptocurrency transactions, futures trading, taking out a loan, etc.;
• Solana (SOL). It is a unique cryptocurrency that runs on a completely new blockchain based on the Proof of History Algorithm. This algorithm allows you to accurately determine at what time a particular transaction occurred. It has a very high transaction speed and a relatively low fee;
• Tron. It is a commonly used cryptocurrency and at the same time a decentralized online entertainment platform based on the Ethereum blockchain. In 2018, Tron was moved to its own blockchain. It’s available for sale on most crypto exchanges;
• Monero. It was founded in 2014 as a fork of Bytecoin, but then grew into an independent financial unit. Monero is initially focused on increased confidentiality of transactions and is a guarantor of the anonymity of its customers.

There are still a large number of other coins and tokens that are accepted for settlement when placing bets at casinos or bookmakers. You are free to choose those gaming portals that accept the types of cryptocurrencies that are convenient for you.

Crypto Gambling vs Traditional Gambling

As we said earlier, the development of crypto gambling sites has a positive trend compared to traditional ones. This is due to certain advantages that game portals accepting cryptocurrencies have. For clarity, we display this data in a tabular form: