Talk about a one-stop-shop – some bookies give you the opportunity to trade your Bitcoin on site, allowing you to invest, store, and sell your funds. Many bookies also offer leaderboards, prize pools, and other daily, weekly and monthly prizes. Famous for their welcome bonuses, some bookies give you up to 5 BTC in matched bets, which is over €100,000 worth of bitcoins. If there’s one thing which Bitcoin gambling sites do well, it’s a promotion. This is not the case with crypto payments on online gambling sites, which remain flat. This means that the amount of fees increases as the amount of the transfer increases. With traditional fiat currency, fees are normally calculated as a percentage of the transfer. This is largely down to the blockchain technology through which they operate. A second advantage of betting with cryptocurrencies is that, as we covered above, they are encrypted, anonymous, and highly secure.

A very obvious advantage to Bitcoin betting is how fast deposits and withdrawals are processed to and from your betting account, often in just a matter of minutes. There are many benefits to using this popular cryptocurrency to bet – we've listed the main ones below. Pros and Cons of Betting with Bitcoin vs Traditional Betting Advantages of Betting With Bitcoin Unfortunately, VIP programmes at non-specific betting sites that accept Bitcoin as an alternative payment method don't usually offer welcome or deposit bonuses for Bitcoin users. Vave are licensed under the Curaçao Gaming Authority as well as being a verified operator with the Crypto Gambling Foundation, which aims to create a more trustworthy, fair and safer crypto gambling landscape.įinding VIP schemes at Bitcoin-specific sites might not be an easy task – however, it helps to know where to look for them. This gives frequent punters the chance to win up to BTC 0.041 (£842.57 at the time of writing). Vave features weekly leaderboards where punters who stake a certain amount enter a leaderboard, with points awarded for based on their winnings. This means that the offer is really accessible to new, budget-conscious punters. The minimum you need to deposit is 20 USDT or the equivalent in any cryptocurrency (USDT is a stablecoin equivalent in worth to USD).

Their welcome offer is superb with a 100% cashback up to 1BTC in either sports or casino betting. The site is constantly improving, and currently you will find 35 sports, over 5,000 casino games, and a staggering 841 live table games to play. It is an absolutely brilliant betting site even though it’s only been around since 2022.

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