
Football betting with Bitcoin and cryptocurrencies in general is becoming increasingly popular. Based on demand, we decided to create this simple guide to explore how you can bet on your favorite sport with these virtual currencies.
For starters, you must choose a sportsbook that supports Bitcoin or any other cryptocurrency you want to use. You will find the best of these platforms on this page. We picked our recommended sportsbooks after extensively evaluating them and ensuring they are safe. Before that, keep reading to learn more about how crypto soccer betting works.
There is no one-answer-fits-all to this question. That’s because the legality of crypto betting in general varies with location. In some countries, football betting is legal, but cryptocurrencies are not accepted as payment methods. Meanwhile, in some countries, the gambling laws surrounding crypto football betting differ from one state or province to another.
Overall, it’s important to read the sports betting laws that apply to your specific location. Through this, you will learn whether or not you can bet on football using Bitcoin and cryptocurrencies.
Several perks come with betting on football with cryptocurrencies. These are the same benefits you will enjoy when engaging in crypto horse betting or wagering on any other sport with Bitcoin and the like. We’ve highlighted the advantages below:
As the first recognized and highest-valued cryptocurrency, it makes sense that many sportsbooks accept Bitcoin. In fact, you’re more likely to find Bitcoin cricket betting platforms than sportsbooks accepting lower-valued digital currencies. However, the best crypto betting sites do not limit you to Bitcoin. They support other options, many of which you might be familiar with. We’ve listed some of them in the table below:
| Cryptocurrency | Standout feature |
| Ethereum (ETH) | Smart contracts that enable faster transaction processing than Bitcoin |
| Litecoin (LTC) | Extremely fast transaction confirmation times with minimal network fees |
| Tether (USDT) | A stablecoin pegged to the US dollar |
| Bitcoin Cash (BCH) | Highly secure network and low transaction fees |
| Dogecoin (DOGE) | Strong community support |
| USD Coin (USDC) | A fully reserved stablecoin that maintains a more stable value |
| Binance Coin (BNB) | Integration with the general Binance ecosystem |
You need cryptocurrencies in your sportsbook account before you can bet on football. So, getting these virtual coins is the first step you need to complete. Afterwards, you set up your sportsbook account and make a deposit. Below is a breakdown of the process:
Select a reputable exchange such as Coinbase or Binance and register. You usually have to complete KYC verification before proceeding. To do this, you’ll need to submit copies of documents that prove your identity and show your address. Afterwards, you link your bank account or card.
Navigate to the trading section and choose a cryptocurrency, then enter the fiat amount you want to use for the purchase. This will display the amount of cryptocurrency you will get for that price. Follow the onscreen instructions and confirm the transaction. The cryptocurrency will appear in your exchange wallet.
You can choose to leave your holdings directly on the exchange. Another alternative is to use an external wallet. If you choose the latter option, choose a hot or cold wallet and move your cryptocurrencies. Ensure that the wallet you choose is highly secure.
We have simplified this by providing you with the best football sportsbook on this page. Once you’ve picked a platform, click on its corresponding banner to visit the site. Tap the register icon, fill in your details, and submit the form.
Many crypto sportsbooks do not require KYC verification. But if KYC is a requirement, you have to complete it before withdrawing your winnings for the first time.
Now that your sportsbook account is up and running, you have to fund it. You do this by tapping the deposit icon and choosing the cryptocurrency you want. It has to be the same one you have in your wallet.
The operator will provide you with a crypto wallet address. That is what you will use to make the crypto transfer from your own wallet. As we already mentioned, deposits are often instant.
You have an active account and cryptocurrency. At this point, you’re ready to place your football bets. The process is identical to UFC crypto betting, where you choose a market and secure your odds. Here’s how it works:
Navigate to the sports betting lobby.
Pick football from the list of sports.
Choose the match you want to bet on.
Select the market and the odds. Both will automatically appear in your bet slip.
Enter the amount you want to bet.
Tap the submit button once you’re satisfied with the bet.
Withdrawing your winnings using crypto payment methods is easy. Here is an overview of the process:
Log in to your account.
Click your profile icon.
Select the withdrawal option.
Choose the cryptocurrency you want to cash out with.
Enter the withdrawal amount.
Fill in your crypto wallet address.
Submit your request.
The best soccer betting sites that accept Bitcoin and other cryptocurrencies will process your withdrawal request and credit you accordingly. Keep in mind that the processing time depends on the platform, but is usually within a few minutes to 24 hours. This is similar to the time frame we found when using crypto betting tennis sites.
Also, while the withdrawal process is a breeze, you might have to meet specific terms and conditions before cashing out. For instance, some sportsbooks require you to play through your deposit amount once, twice, or thrice to cash out your wins. Ensure you read the withdrawal terms to understand what applies to the site before submitting a withdrawal request.
Crypto football betting sites offer different types of markets you can choose from. The most common ones are as follows:
This involves picking one of three possible outcomes of a match. You can predict a home win (1), a draw (X), and an away win (2) to be the final result after the regular playing time.
Such markets require you to select whether the total goals scored will be more or fewer than a specific threshold. For instance, a sportsbook sets a line at 3.5. If you pick “over,” and the total goals scored is 4, you win. The winning side does not matter. You’re only focused on the overall score.
Just as the name implies, you’re betting on both teams scoring at least one goal. Sportsbooks usually present them as yes/no options.
You’re predicting the exact scoreline after a match. These markets often have options like 2-1, 3-2, and the like, so you choose the possible outcome from what the sportsbook offers. They usually have high odds because they are more precise than totals.
For these markets, the sportsbook gives the stronger team (favorite) a disadvantage and the weaker team (underdog) a head start. For example, a team at -1 must win by two or more goals for a bet on the favorite to pay out. Meanwhile, a team at +1 must not lose by more than one goal or win the game outright for a bet on the underdog to win.
Sportsbooks, including football and crypto NFL betting sites, offer various types of bonuses for new and returning bettors. The exact promotions you’ll find depend on the platform and your location, but here are some common options:
There are advantages to betting on football with cryptocurrency, but there are also a few drawbacks to note. We have summarized the pros and cons below:
Football betting with cryptocurrency is easy. Once you have bought the cryptocurrency you want to use, all that’s left is registering and depositing at a sportsbook that accepts your preferred coin. Plus, we have recommended the top crypto sportsbooks. You simply have to check the on-page banner to see the platforms offering services in your location.
Similar to betting with fiat money, you must manage your bankroll when betting with cryptocurrency. It’s best to have a preset budget and never exceed that amount when wagering. Another essential thing is to read the T&Cs of your selected sportsbook. Learn more about its operations as well as the conditions you have to meet before cashing out your winnings.
This depends on the platform. Some sportsbooks offer bonuses tailored to betting on football with BTC. However, most of the time, sportsbooks just provide football-specific promotions you can claim when you deposit with any cryptocurrency, not just Bitcoin.
If you don’t get your crypto deposit after a few minutes, check the wallet you sent the funds to. Be sure that it is exactly that of the sportsbook. If it is, contact customer support on both the sportsbook and the crypto wallet/exchange.
Yes, you can cash out the winnings you made from your football bets, provided you have met the platform’s terms and conditions.
KYC requirements depend on the betting site. Many crypto sportsbooks will not require you to complete verification immediately after signing up, but they can request it at any time. On the other hand, there are brands where KYC is not a requirement at all.