In this guide, you will find:
Let’s get right into it! ⭐️
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! ⭐️
Rank | Bookmaker | Bonus | Turnover | Min odds | |
---|---|---|---|---|---|
1 |
22Bet | Bonus Up To ₹10,000 | Turnover: 5x bonus amount | Lowest odds: 1.40 | ClaimGo to website |
2 |
Parimatch | Bonus Up To ₹30,000 | Turnover: 8x bonus amount | Lowest odds: 1.75 | ClaimGo to website |
3 |
1xBet | 100% Up To ₹26,000 | Turnover: 5x bonus amount | Lowest odds: 1.40 | ClaimGo to website |
4 |
Betwinner | Bonus Up To ₹8,000 | Turnover: 5x bonus amount | Lowest odds: 1.40 | ClaimGo to website |
5 |
Rabona | Bonus Up to ₹15,000 | Turnover: 6x bonus amount | Lowest odds: 2.0 | ClaimGo to website |
6 |
Melbet | 100% Up To ₹8,000 | Turnover: 5x bonus amount | Lowest odds: 1.40 | ClaimGo to website |
7 |
LibraBet | 100% up to ₹8,000 | Turnover: 6x bonus amount | Lowest odds: 1.50 | ClaimGo to website |
8 |
BC.Game | First Deposit Bonus up to 180% | Turnover: 500%x bonus amount | Lowest odds: NA | ClaimGo to website |
9 |
Stake.com | 200% Welcome Bonus | Turnover: 40x bonus amount | Lowest odds: | ClaimGo to website |
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.
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
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
It is. In fact, Bitcoin or any other crypto is usually the safest method to pay bookmakers.
No, you don’t. However, you’ll need to verify your identity at the bookmaker before you can withdraw any of your winnings.
Bitcoin deposits are instantly credited. It takes as long as the blockchain needs to validate the transaction, which is usually a couple of minutes.
No. Transactions on most BTC betting sites are free of charge. However, some sites might charge a few rupees/coins.
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.
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.
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
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
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!
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.
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
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)
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
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
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
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 😃
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.
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.
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.
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.
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.
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.
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!
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.
In this section, let’s compare Bitcoin to other payment methods that are used by bookmakers.
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 |
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 |
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 |
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!
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