Mobile Bitcoin Sports Betting Apps

Yes! Live betting is available on mobile devices, and you’ll get the same speedy in-game updates and dynamic lines that you’ll find on desktop or laptop solutions. And depositing with Bitcoin means that you can place wagers sooner than with other methods, all while saving money on transfer fees without getting handcuffed by low deposit limits.

This depends on which site you use, as they all offer different Bitcoin perks. Because these books prefer BTC to any other payment type, customers are incentivized to deposit with Bitcoin. One way sportsbooks do this is by offering their players extra bonus free plays for using BTC. Most sites will double or even triple your deposit bonus if you bank with Bitcoin!

Nope! This is one of the biggest negatives of using domestic US sportsbooks (in addition to the fact that such books are geo-fenced and only available in a handful of US states). No domestic book supports Bitcoin or other cryptocurrencies at this time, and while that may change, adoption won’t be universal like it is at reputable offshore real-money betting sites.

Though “best” is relative, we believe Bitcoin is absolutely the best overall deposit option at any top-rated mobile betting site. It’s fast, with transfers taking just a few minutes, and there are never any added fees. And remember, Bitcoin gets you access to better bonuses, higher limits, quicker wagering options, and timelier payouts than any other banking method.

Without question, Bitcoin offers the fastest payouts at any offshore mobile sports betting site. While you can withdraw via traditional routes like bank wires, money orders, and courier checks, each of these takes at least 3-5 days for your money to show up in your hands, and they all come with added processing and transfer fees. Bitcoin, on the other hand, offers no-fee same-day payouts. Just remember: To be paid out in BTC, you have to first deposit in BTC.  

Every major offshore sportsbook accepts Bitcoin as a matter of course, but most of them also take an assortment of other cryptocurrencies (aka altcoins). These include Bitcoin Cash, Ethereum, Litecoin, Cardano, DASH, Ripple, and others. Be sure to check with your site’s cashier for more information on which cryptos they support, as the list is constantly growing. Generally speaking, you will get all the same BTC benefits and bonuses with any cryptocurrency your site supports.

Bitcoin value is extremely volatile because it is priced in real-time at the values buyers and sellers are willing to accept. There are no artificial controls like there are for fiat money. But this is one of the cryptocurrency’s strengths and can make it an extremely good investment outside of sports betting. Over the last decade, Bitcoin has outperformed the best stocks on the NYSE, and while it can experience drops, it has shown a definite upward trajectory. When you bet on sports, you’re taking a risk. But when you bet with Bitcoin, that risk has the best possible reward.

When you’re paid out in Bitcoin, it isn’t immediately taxed. In fact, if you keep your BTC on an exchange in the form of BTC (or trade it for other cryptocurrencies), you won’t have to pay taxes at all. There is likely to be legislation at some point to clarify how Bitcoin is taxed, but for now, the only time you need to worry about taxes is when you transfer your BTC into US dollars. At that point, you need to claim it as income, just as you would anything else. Bitcoin and offshore betting sites are not tax shelters!