Advantages of Crypto Bookies

Advantages of Crypto Bookies

What are Crypto Bookies?

The world of online sports betting has undergone a significant rise, thanks to the emergence of crypto bookies. These cryptocurrency-based bookmakers are changing the game for sports enthusiasts and bettors worldwide. Because of so many platforms emerging and becoming more popular, its not surprising that a lot of people are making their way to the online sports betting arena from the comfort of their own homes.

Crypto bookies, short for cryptocurrency bookmakers, are online betting platforms that accept cryptocurrencies as a form of payment for betting on sports and other events. Most of them are operated by known and reputable companies, and cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and more are gaining popularity as payment methods in the betting industry because of their advantages, such as allowing users to make safe and quick transactions. 

Advantages of Crypto Bookies

Payment Method

Like mentioned above, crypto bookies allow users to deposit and withdraw funds using cryptocurrencies. Users need a digital wallet to store their coins and facilitate transactions on the platform. The payments are secure and non-changeable, quick and they don’t rely on geographical location. 


Cryptocurrencies offer a higher level of anonymity compared to traditional payment methods. Users do not need to provide extensive personal information to create accounts or make transactions making them feel safe about online transactions. Users use a digital wallet for these transactions.

Fast Transactions

Crypto transactions are typically faster than traditional banking methods, making it quicker to deposit funds, place bets, and withdraw winnings in real time with others bettors around the world. This is because the transactions are made without intermediaries. 

Low Fees

Like with increased speed, cryptocurrencies often come with lower processing fees compared to other banking methods and sometimes allow users the opportunity to increase their profit margins. 


Because most of the online betting websites are made by reputable companies, the blockchain technology, which underlies cryptocurrencies, provides enhanced security and transparency as the transactions are recorded and accessible to everyone.

Decentralized Cryptocurrencies

Most cryptocurrencies are decentralized, which means they are not tied to any jurisdiction or geographical location. This means that anyone can access crypto bookies regardless of where they are or their country’s bookie laws (with some exceptions)

Bonuses from Crypto Bookies

Bonuses are very important when choosing which crypto bookmaker to go with. They allow users to increase their gains. Crypto bookmakers offer a wide range of these bonuses to attract and retain customers. Also, some crypto bookies have temporary bonuses for loyal users to keep their clients. The popular types of bonuses one can encounter are:

No Deposit Bonus

These are bonuses that only require registration for a user to qualify for. Rare but enticing, this bonus provides free bets or spins without requiring an initial deposit. Players must meet the associated wagering requirements to be able to withdraw their winning from this bonus. 

Deposit Bonus

This bonus requires users to deposit a set amount to the crypto bookie before they can receive it. It is the most common promotion on crypto bookie websites. Users should note that there is a minimum amount required before they can earn their bonus and like with the no deposit bonus, users need to meet the associated wagering requirements. 

Free Bet Bonus

 A free bet bonus allows users to place bets without risking your own money, often for popular matches or events. This allows users to get a feel of betting without the worry of losing their own money. Free net bonus, like with the other bonuses, have wagering requirements that players need to meet before withdrawing their winnings.

How to Choose the Right Crypto Bookie

Choosing the right crypto bookmaker is important for a safe and enjoyable betting experience and it isn’t as easy as one might think. Players must research and make informed decisions to avoid souring their experience, losing money, or having security breaches. 

License and Regulation

Players should make sure their bookmaker is licensed and regulated to ensure fair play and transparency. All the licensing information and country restrictions should be clearly stated to avoid any future problems.

Dashboard and User Experience

Users should opt for a bookmaker with a well-designed, easy-to-navigate user interface for a smooth betting experience. The user interface should be created for the comfort of the players in mind.

Competitive Odds

Users should compare the odds offered by different crypto bookmakers to maximize your potential winnings before making their decisions. This affects them in the long run.

Low Fees

Players must check for withdrawal or deposit fees associated with the crypto bookmaker. Most bookmakers have done away with withdrawal fees but there are some websites still left behind who charge users upon withdrawal. 

Bonuses and Promotions

Players must evaluate the bonuses and promotions, look at their terms and conditions and wagering requirements needed for withdrawal upon receiving them. Players should also look for bookmakers who give their loyal users bonuses as this will come in handy in the future if they stick to one bookmaker.

Reputation and Reviews

Users should make sure to read reviews and gather feedback from other players to assess the bookmaker’s reliability and reputation. As a first timer, players should avoid going with bookmakers with no review.

Supported Cryptocurrencies

Players should consider which cryptocurrencies the bookmaker accepts and choose one that aligns with your preferred cryptocurrency. The most common cryptocurrencies such as Bitcoin, Ethereum and Litecoin are usually always available but if the you have a more rare cryptocurrency it is essential that you make sure that the cryptocurrency you wish to use is available.

Variety of games

Crypto bookmakers offer a wide range of games and markets, almost similar to traditional bookies but users must research and ensure that whatever particular game that they want is offered by the bookmaker that they choose. 

Customer support

Customer support is very important especially to new users. Just like reading reviews, players should make sure that the crypto bookmaker they go with offers responsive support for all the question they might have.


Crypto bookies are reshaping the online sports betting landscape, offering anonymity, fast transactions, and low fees. With a variety of bonuses and promotions, they provide exciting opportunities for bettors. 

Always read reviews about bookmakers on specialized sites such as Igamingscan.

Choosing the right crypto bookmaker requires diligence and research to ensure a safe and enjoyable betting experience. By following these guidelines, you can embark on your crypto betting journey with confidence and make the most of this exciting revolution in wagering.