Crypto Wagers 101: A Comprehensive Guide to the Finest Betting Platforms
Betting online is more convenient and accessible than visiting traditional betting shops. It has created enormous growth in the industry, enabling sports fans and thrill-seekers to bet on major events and casino games from the comfort of their home.
The rise of the internet, followed by live streaming of events, were the main factors in the enduring popularity of online betting, but now the industry has embraced yet another new dynamic with the emergence of crypto casinos.
Gambling with cryptocurrencies such as Bitcoin, Ethereum and USDC has become incredibly common in the past few years with the emergence of numerous dedicated crypto gambling sites. Bettors love crypto for a number of reasons, the main one being the higher level of privacy it provides. They can sign up to different sites and place their bets with complete anonymity, ensuring that no one knows how much they’re staking or how large their winnings are. Transactions are also extremely fast, meaning users can deposit funds and withdraw them in a matter of seconds.
Today there are dozens of well-known crypto casino platforms that are only too happy to accept your digital asset-based stakes. Here, we take a look at five of the best.
Duelbits: Best All-Round Betting Platform
One of our favorite all round crypto betting platforms is Duelbits, which launched in 2020 and is considered a pioneer in the space.
Duelbits offers a comprehensive range of crypto gambling experiences with a selection of well known casino games and one of the most comprehensive sportsbooks seen on any platform. Its casino games are noted for utilizing blockchain to provably fair, while its sportsbook consistently offers very competitive odds versus other platforms.
The reputation of Duelbits as a fair and trustworthy crypto casino is enhanced by its partnerships with Aston Villa FC and the Argentina national football team. What’s more, it’s fully licensed and regulated.
Besides the sheer wealth of betting opportunities on the Duelbits platform, the user experience is top notch too. Duelbits’ user interface is modeled on some of the best traditional betting platforms and is a breeze to navigate on any device. It also goes further than most other crypto casinos, accepting fiat money deposits which are then converted to crypto (and back again when you withdraw, if you wish). In this way, Duelbits facilitates smooth onboarding for users who are not familiar with how crypto works.
Duelbits also offers top-notch customer service that’s available 24/7, with real humans on hand to take care of any problems or concerns users may have, showing that it really cares about its users. Users can obtain regular rewards by remaining loyal to the platform too, and new accounts can take advantage of generous bonuses. There’s also an exclusive VIP service, which provides extra benefits and perks to the most loyal players.
7Bit Casino: Best for Bonuses
With its high quality game library, strong security measures and generous incentives, 7Bit Casino comes very close to the top of our list. It’s a crypto casino platform that specializes in slot machines, and it has an extensive drawer of traditional casino games too.
Like Duelbits, 7Bit Casino also accepts fiat deposits via credit cards, but it should be noted that it charges a 2.5% fee on all deposits that use this method. Fortunately, experienced crypto bettors can avoid this charge by depositing in Bitcoin, Bitcoin Cash, Ethereum, Litecoin or Dogecoin.
7Bit Casino offers a nice welcome package to new bettors, with a 100% bonus on first deposits for up to 1.5BTC, followed by two 50% bonuses for the second and third deposits, and a fourth 100% bonus again, on the fourth deposit. All told, the deposit bonuses add up to an extremely generous 5 BTC for those who have enough Bitcoin to take advantage of it.
Given the casino focus of 7Bit Casino, it also offers users free spins every Wednesday, plus a 25% reload bonus for those who deposit funds on a Monday, as well as cashback bonuses for those who lose their stakes.
Cloudbet: Most User-Friendly Platform
Cloudbet has built up a strong reputation as a serious player in the crypto gambling space. It’s one of the oldest such platforms in the business, with provably-fair games pioneered by top-level developers such as Betsoft and Playson.
The casino options are extensive, with video slot machines, jackpot slots and specialist crypto games, plus traditional ones including baccarat, blackjack and various poker tables. It also offers a sportsbook with extremely competitive odds.
Cloudbet is especially competitive in terms of the cryptocurrencies it supports, with a long list that extends to Bitcoin, Bitcoin Cash, Ethereum, Dogecoin, Dash, Dai, Chain Link, Litecoin, PAX Gold, Tether and USDC. It promises to process all transactions within 10 minutes or less, and no fees are charged.
New users will be interested in Cloudbet’s attractive new sign up offer, in which the site will 100% match their first deposit at up to 5 BTC, or the equivalent in other cryptocurrencies. There’s another deposit bonus available every Thursday, with the exact size of the bonus increasing for loyal players. There are five tiers in Cloudbet’s loyalty program, with the higher ones having their own dedicated account manager and priority for customer service.
For many people the most attractive thing about Cloudbet is its smooth user interface, which is optimized for mobile betting. Mobile navigation is facilitated by a mix of simple shortcuts, large illustrations and sliding menus to avoid on-screen clutter.
Ignition: Best For Poker Players
If poker is your game then look no further than Ignition, which is well known for its wide selection of different tables, catering to different game formats, levels of experiences and minimum blinds. Ignition also hosts lots of regular tournaments with bigger cash incentives for its most loyal players, giving card sharks the opportunity to build up a reputation for their poker prowess.
Although focused on poker, Ignition offers other crypto casino games such as slots, live blackjack games, roulette and more.
No fees are charged on deposits, even if you use a credit or debit card, and of course it supports a wide range of cryptocurrencies. Withdrawals can be facilitated in Bitcoin and other tokens, or by wire transfer or even courier check.
For those who deposit with crypto, Ignition provides a generous welcome bonus of up to $3,000. In addition, it offers a 100% match bonus of up to $1,000 when depositing with crypto.
Ignition doesn’t offer a mobile app but its website is optimized for smartphones and tablet devices, and can be accessed via any mobile browser, meaning it’s accessible from any location.
Mega Dice: Best For Sports Betting
Launched in 2023, Mega Dice is the newest crypto betting platform on our list but has managed to establish itself a reputation as one of the top crypto sportsbooks around.
With Mega Dice, bettors can access more than 40 different sports to take their chances on, including football, cricket, hockey, American football, baseball, tennis, golf, Gaelic football, snooker and rugby. It even offers access to more uncommon sports, such as kabbadi, hurling and polo. It also has an extensive selection of eSports events.
In terms of payment options, it supports BTC, LTC, DOGE and ETH, and all crypto transactions come with zero fees charged. Payouts are advertised as being almost instantaneous when using crypto. It also accepts fiat transfers through credit and debit cards, wire transfer and eWallets such as Google Pay and Apple Pay.
Customer service is available around the clock with live human agents, ensuring a quick response to any query. In addition, the sign up bonuses are enticing too, with Mega Dice offering a 200% deposit match valued at up to 1 BTC. Casino games fans are awarded 50 free spins on their favorite slot machines, and there is a weekly reload bonus for loyal players.