Bitcoin Betting Sites cover 1

Bitcoin Betting Sites

Are you interested in betting with Bitcoin in India? Wondering how to deposit and withdraw with Bitcoin? In this article, we will show you how it’s done.

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 ⬇️

Bitcoin Betting Sites

Rank Bonus Turnover Min odds 
1

Bonus Up To ₹10,000
100% Deposit Bonus

Turnover: 5x bonus amount

Lowest odds: 1.40

ClaimGo to website
2

Bonus Up To ₹30,000
150% Deposit Bonus

Turnover: 8x bonus amount

Lowest odds: 1.75

ClaimGo to website
3

100% Up To ₹26,000
Exclusive Bonus Code: MYBVIP

Turnover: 5x bonus amount

Lowest odds: 1.40

ClaimGo to website
4

Bonus Up To ₹8,000
100% Deposit Bonus

Turnover: 5x bonus amount

Lowest odds: 1.40

ClaimGo to website
5

Bonus Up to ₹15,000
EXCLUSIVE 100% Deposit Bonus

Turnover: 6x bonus amount

Lowest odds: 2.0

ClaimGo to website
6

100% Up To ₹8,000

Turnover: 5x bonus amount

Lowest odds: 1.40

ClaimGo to website
7

100% up to ₹8,000

Turnover: 6x bonus amount

Lowest odds: 1.50

ClaimGo to website
8

First Deposit Bonus up to 180%

Turnover: 500%x bonus amount

Lowest odds: NA

ClaimGo to website
9

200% Welcome Bonus

Turnover: 40x bonus amount

Lowest odds:

ClaimGo to website

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 cover 2

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!

Bitcoin betting on Parimatch

Bonus Up To ₹30,000
150% Deposit Bonus

  • Minimum Deposit amount in Bitcoin: 1000INR (equivalent)
  • Minimum Withdrawal amount in Bitcoin: 1000INR (equivalent)

Why should you use Parimatch?

❤️ Accepts Bitcoin and other cryptocurrencies.

❤️ Large sportsbook which showcases local Indian tournaments.

❤️ Good bonus

Why should you not use Parimatch?

❌ Customer support takes time and can be improved.


Bitcoin betting on 22Bet

Bonus Up To ₹10,000
100% Deposit Bonus

  • Minimum Deposit amount in Bitcoin: 1.0 Euro (equivalent)
  • Minimum Withdrawal amount in Bitcoin: 1.5 Euro(equivalent)

Why should you use 22Bet?

❤️ Accepts Bitcoin and 30+ cryptocurrencies.

❤️ Multiple Indian payment methods

❤️ Large sportsbook

Why should you not use 22bet?

❌ Welcome bonus reserved for sports bettors

❌ Low odds compared to the industry standard


Bitcoin betting on 1xBet

100% Up To ₹26,000
Exclusive Bonus Code: MYBVIP

  • Minimum Deposit amount in Bitcoin: 100 INR (equivalent)
  • Minimum Withdrawal amount in Bitcoin: 300 INR (equivalent)

Why should you use 1xBet?

❤️ Many payment methods including UPI, Skrill, and Bitcoin

❤️ Large variety of promotions

❤️Good welcome bonus

Why should you not use 1xBet?

❌ Website can be overwhelming and difficult to navigate

❌ Withdrawals are slow (take between 48-72 hours)


Bitcoin betting on Betwinner

Bonus Up To ₹8,000
100% Deposit Bonus

  • Minimum Deposit amount in Bitcoin: 100 INR (equivalent)
  • Minimum Withdrawal amount in Bitcoin: 300 INR (equivalent)

Why should you use Betwinner?

❤️ Many deposit methods including UPI, Skrill, and Bitcoin

❤️ Good live betting experience

❤️ Great odds and variety of markets

Why should you not use Betwinner?

❌ Website can be overwhelming and difficult to navigate


Bitcoin betting with BC.Game

First Deposit Bonus up to 180%

  • Minimum Deposit with Bitcoin: 0.01BTC
  • Minimum Withdrawal with Bitcoin: 0.01BTC

Why should you use BC.Game?

❤️ 100% crypto-only betting site

❤️ 7000+ casino games offered

❤️ Energetic online forum

Why should you not use BC.Game?

❌ Only PhonePe and Paytm available

❌ Minimum deposit of 850 INR


Bitcoin betting with Stake

200% Welcome Bonus

  • Minimum Deposit with Bitcoin: 0.0005 BTC
  • Minimum Withdrawal with Bitcoin: 0.0005 BTC

Why should you use Stake?

❤️ 130+ cryptocurrencies accepted

❤️ Possible to buy cryptocurrency with Google Pay/credit cards

❤️ 5000+ casino games available

Why should you not use BC.Game?

❌ No Indian/local payment methods available

❌ Bonuses and deposits in USD


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 😃

Bitcoin Betting Sites cover 3

😍 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.

Binance

How to Deposit on Bitcoin betting sites?

  1. Select a bookmaker

  2. Open deposit screen

  3. Select “Virtual currency” and select Bitcoin as the deposit method

  4. Specify deposit amount

  5. Display the address of the deposit wallet and send money from your virtual currency wallet to the address.

  6. Payment completed!

How to Withdraw on Bitcoin betting sites?

  1. Log into your bookmaker account.

  2. Go to the cashier page again. Select withdrawal and then select Bitcoin from the dropdown menu.

  3. Provide your Bitcoin wallet address. Provide your desired withdrawal amount.

  4. 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!

List of Bitcoin Betting Sites in India

  1. Bonus Up To ₹30,000
    150% Deposit Bonus

  2. 100% Up To ₹26,000
    Exclusive Bonus Code: MYBVIP

  3. Bonus Up To ₹10,000
    100% Deposit Bonus

  4. Bonus Up To ₹8,000
    100% Deposit Bonus

  5. 100% Up To ₹8,000

  6. Bonus Up to ₹15,000
    EXCLUSIVE 100% Deposit Bonus

  7. 100% up to ₹8,000

  8. First Deposit Bonus up to 180%

  9. 200% Welcome Bonus