Bitcoin Betting Sites

It is generally more traditional methods of payment that attract attention from sports betting customers in India. However, cryptocurrencies are gradually gaining popularity in India. A lot of bookmakers are offering crypto methods. Among all the crypto units in circulation today, Bitcoin is probably the most popular one.

Bitcoin betting sites are very much in demand today, with this payment method offering speed, security and convenience.

On this page, we explore the potential of Bitcoin betting in India. We also look at the best betting sites that accept Bitcoin in India, how to deposit and withdraw with Bitcoin and answer some of the burning questions you might have.

Read on ⬇️

In this guide, you will find:

Let’s get right into it! ⭐️

Bitcoin Betting Sites

with welcome offers
Company	Bonus	Wagering	Validity	Min. Deposit	Action
#1 BC.Game 4/5	100% up to ₹11,000	Wagering 500%x	Validity No limit days	Min. Deposit INR 30	Review Claim Go to BC.Game
#2 Stake.com 3/5	200% Welcome Bonus	Wagering 40x	Validity No expiration	Min. Deposit USD 100	Review Claim Go to Stake.com
#3 Rajabets 4/5	200% up to ₹100,000	Wagering 30x	Validity 30 days	Min. Deposit ₹ 200	Review Claim Go to Rajabets
#4 Parimatch 5/5	450% Bonus Package Up To ₹50,000	Wagering 14x	Validity 5 days	Min. Deposit INR 200	Review Claim Go to Parimatch
#5 1xBet 5/5	120% Up To ₹66,000 Exclusive Bonus Code: MYBVIP	Wagering 10x	Validity 30 days	Min. Deposit INR 75	Review Claim Go to 1xBet
#6 10Cric 4/5	Bonus Up To ₹32,000 100% Deposit Bonus	Wagering 7x	Validity 90 days	Min. Deposit INR 1,000	Review Claim Go to 10Cric
#7 22Bet 5/5	Bonus Up To ₹10,300 100% Deposit Bonus	Wagering 5x	Validity 7 days	Min. Deposit INR 80	Review Claim Go to 22Bet
#8 Betwinner 5/5	Bonus Up To ₹8,000 100% Deposit Bonus	Wagering 5x	Validity 30 days	Min. Deposit INR 75	Review Claim Go to Betwinner
#9 LibraBet 4/5	100% up to ₹8,000	Wagering 6x	Validity 30 days	Min. Deposit INR 1,600	Review Claim Go to LibraBet
#10 4raBet 4/5	230% Up To ₹23,000 Bonus Code: MYBETTING	Wagering 10x	Validity 7 days	Min. Deposit INR 750	Review Claim Go to 4raBet

Alternative Deposit Methods

Betting sites with Neteller

Betting sites with UPI

Betting sites with PhonePe

Betting sites with Skrill

Frequently Asked Questions

Bitcoin gambling is still a fairly new method of payment on betting sites. So, a lot of people wonder about what it is and how it can be used on betting sites. To help you, we have answered the most common questions that we receive from our readers.

⚖️ Is Bitcoin legal in India?

Although it is not a legal tender, like the Indian Rupee which makes it the national currency, Bitcoin is legal in India.

People can buy and sell Bitcoin to their heart’s desire

💳 Where can I buy Bitcoin?

Bitcoin is generally bought and sold on online platforms, known as Bitcoin exchanges or wallets. There are many Bitcoin platforms available for Indian players, but we recommend

1. Binance.com
2. Coinbase.com
3. Bitbns.

⚠️ Is it safe to use Bitcoin for sports betting?

It is. In fact, Bitcoin or any other crypto is usually the safest method to pay bookmakers.

✅ Do I have to verify anything when using Bitcoin?

No, you don’t. However, you’ll need to verify your identity at the bookmaker before you can withdraw any of your winnings.

⏲️ How long will it take before my deposit is received?

Bitcoin deposits are instantly credited. It takes as long as the blockchain needs to validate the transaction, which is usually a couple of minutes.

💵 Will there be any fees added when I use Bitcoin?

No. Transactions on most BTC betting sites are free of charge. However, some sites might charge a few rupees/coins.

💱 Can I buy Bitcoin with Indian Ruppees?

Yes – you most definitely can buy Bitcoin with INR on platforms like Bitbns and Binance.

You can also buy Bitcoin in INR on BC.Game – using the Banxa option for payment.

⭐️ Do all bookmakers accept bitcoin?

Although many bookmakers are slowly starting to add Bitcoin to their payment methods, it is still relatively new.

We've lost the bitcoin bookmakers here.

Betting Sites that accept Bitcoin

Before we get into how to deposit and bet with Bitcoin, we need to look at the betting sites in India that accept Bitcoin.

Bitcoin is by far the world’s most popular cryptocurrency and allows bettors to be on their favorite sports and games with complete ease, security, and anonymity.

The payment method is growing in popularity among Indian players and operators, giving rise to a number of Bitcoin betting sites in the last few years.

Let’s look at six of the most popular/best/largest Bitcoin betting sites in India

Bitcoin Betting Sites

22Bet - 30 second review | full review
1xBet - 30 second review | full review
Betwinner - 30 second review | full review
Parimatch - 30 second review | full review
BC.Game - 30 second review | full review
Stake.com - 30 second review | full review

Recommended Bitcoin Bookmakers in 30 seconds

In this section, we give you a summarized analysis of the above Bitcoin betting sites. In each of these “mini-reviews”, we will give you an overview of the site and the Bitcoin betting options.

So take a good look at each site before you make a decision on what Bitcoin betting site to use!

Pros and cons of using Bitcoin

In this section, we dive into the pros and cons of using bitcoin on betting sites.

Once you are fully aware of how Bitcoin works and its advantages and disadvantages, you can decide if you want to use it or not 😃

😍 What are the pros of using Bitcoin bookmakers?

✔️ Accepted by more bookmakers: Compared to other virtual currencies, there are more bookmakers that handle Bitcoin.
Since Bitcoin is the most widely used cryptocurrency, it is supported by many bookmakers, which makes it unlikely that you will be in a situation where you can not use it even after you have registered.

✔️ Faster deposits and withdrawals: Since Bitcoin is completely digital and does not involve third-party financial institutions such as banks and credit companies, it inevitably shortens the time taken to withdraw and deposit money from bookmakers.

✔️ Free or low fees for deposits and withdrawals: As there is no “third-party” involved that would require a certain percentage on the withdrawal/deposit (like a bank, with credit card fees, for example), the withdrawal and deposit fees incurred by bookmakers are often free or very low for virtual currencies, such as Bitcoin.

☹️ What are the cons of using Bitcoin betting sites?

❌ Might not be eligible for a bookmakers bonus: Some bookmakers, for example, might have a rule that if you deposit with Bitcoin, you will not be eligible for the welcome bonus. This is quite rare but possible.
In that case, it is a matter of personal preference between whether you want bonuses or anonymity.

❌ More volatile than Fiat currency: Bitcoin is highly volatile. This means that the price of Bitcoin changes rapidly due to market fluctuations.
This means that the value can go up or down in a matter of minutes. So you need to be aware that the value of the Bitcoin you buy can fluctuate day by day.

Bitcoin Betting Sites: How to Deposit and Withdraw

Just like you use bank accounts to transfer money, you’ll need a Bitcoin wallet.

You can choose between software and hardware wallets.

Software wallets are free to use and you can connect your account to the exchange to directly purchase Bitcoin for Fiat money.

Hardware wallets tend to be disconnected from the internet. Although more secure, hardware wallets are pretty expensive to acquire.

Hence, we recommend you choose a software wallet. Some great Bitcoin wallets are Binance, Crypto.com and Coinbase.

How to Deposit on Bitcoin betting sites?

Select a bookmaker
Open deposit screen
Select “Virtual currency” and select Bitcoin as the deposit method
Specify deposit amount
Display the address of the deposit wallet and send money from your virtual currency wallet to the address.
Payment completed!

How to Withdraw on Bitcoin betting sites?

Log into your bookmaker account.
Go to the cashier page again. Select withdrawal and then select Bitcoin from the dropdown menu.
Provide your Bitcoin wallet address. Provide your desired withdrawal amount.
Wait for the Bitcoins to be credited into your account.

Bitcoin Transactions... Not always anonymous

Let's clarify - Bitcoin transactions are not as anonymous as people think.

Every single Bitcoin transaction is stored on a public ledger known as a blockchain and anyone can see the details of every transaction.

But it is anonymous, in the sense that, the identity of the people involved in the transaction is not made public. This is because Bitcoin addresses are not linked to real-world identities.

So, while it is possible to trace a particular transaction back to a specific address, it is not possible to know who was behind that address without access to additional information.

Also remember that even with Bitcoin, some bookmakers require identity verification, just like any other payment method.

Bitcoin compared to other payment methods

In this section, let’s compare Bitcoin to other payment methods that are used by bookmakers.

💰 Bitcoin vs. 💳 credit cards

First of all, let's compare Bitcoin with the credit card.

	Bitcoin	Credit Cards
Frequency	Accepted by a few bookmakers	All bookmakers
Deposit/Withdrawal	Both	Only deposit. No withdrawal
Commission	No to low fees	Fees can apply
Withdrawal time	Instant	NA

💰 Bitcoin vs. 📱 PhonePe

PhonePe is a popular e-wallet that is used in India. Let's see how PhonePe does compared to Bitcoin.

	Bitcoin	PhonePe
Frequency	Accepted by a few bookmakers	All bookmakers
Deposit/Withdrawal	Both	Both
Commission	Low to no fees	Low to no fees
Withdrawal time	Instant	5 minutes - 2 days

💰 Bitcoin vs. 🪙 Other cryptocurrencies

The last is a comparison with virtual currencies other than Bitcoin.

	Bitcoin	Other cryptocurrencies
Frequency	Accepted by a few bookmakers	Accepted by fewer bookmakers
Deposit/Withdrawal	Both	Both
Commission	Low to no fees	Low to no fees
Withdrawal time	Instant	Instant

Deposit with Bitcoin

If you've come up to here - thank you for reading 😄

To sum up - Depositing with Bitcoin with you great, if you:

✔️ Enjoy shorter processing time

✔️ Prefer anonymous transactions

✔️ Enjoy low/zero transaction fees

Now that you've ticked the above boxes, why don't you sign up with a bookmaker? Here is the list of recommended bookmakers.

Find your favourite bookmaker and happy betting!

How does Bitcoin Work?

The fundamental component of Bitcoin is the blockchain. It’s a virtual network powered by thousands of nodes worldwide.

A node is essentially a computer that participates in the process of validating the transactions.

TIPS FOR USING BITCOIN BETTING SITES IN INDIA

Considering that Bitcoin is a fairly new form of payment on betting sites, we have written a few expert tips to help our customers and ensure that their deposits, withdrawals and transfers go smoothly 😃

✔️ Understand how Bitcoin works - Since the Bitcoin unit fluctuates, rapidly, keep an eye out on the value of your Bitcoin unit, as frequently as possible.

✔️ Always be cautious when making payments using Bitcoin. Double-check that all details are correct and that purchases are being made on trusted platforms.

✔️ Use licensed and well-known gaming sites.

✔️ Keep an eye on the regulations surrounding the use of cryptocurrencies in India. We will of course keep updating this page should there be any changes.