Sports betting is booming in the United States, with more than 30 states now offering legal wagering options. Alongside the growth of regulated sportsbooks, another trend has been quietly taking shape: the rise of cryptocurrency betting. For many US bettors, using Bitcoin or other digital coins feels faster, more private, and sometimes cheaper than traditional payment methods like credit cards or bank transfers.
But here’s the challenge, not every US sportsbook accepts crypto. In fact, most regulated state-licensed sportsbooks like DraftKings, FanDuel, and BetMGM currently do not offer Bitcoin as a deposit method. Instead, crypto betting is mostly available through offshore sportsbooks that cater to US players, sitting outside the state-by-state regulatory framework.
Also Read: How to deposit and withdraw safely from online sportsbooks
So, which sportsbooks actually let you use Bitcoin? And what should US bettors keep in mind before going down the crypto route? This guide explains how crypto betting works, lists the sportsbooks that support Bitcoin, and highlights the pros and cons of wagering with digital assets.
What is crypto betting?
Crypto betting simply means using digital currencies like Bitcoin, Ethereum, Litecoin, or USDT to deposit funds and place bets on sports. Instead of going through a bank or payment processor, transactions happen on the blockchain.
For bettors, this offers:
- Faster deposits and withdrawals compared to traditional methods
- Lower fees, since banks aren’t involved
- Privacy, as transactions don’t appear on your regular banking statement
- Global access, since blockchain payments aren’t restricted by borders
Which sportsbooks accept Bitcoin in the US?
At the moment, regulated US sportsbooks (those licensed by states such as New Jersey, Pennsylvania, and New York) do not accept crypto payments. Their deposit options remain tied to bank cards, PayPal, or prepaid cards due to federal banking regulations.
However, offshore sportsbooks that serve US players do accept Bitcoin and other cryptocurrencies. Some of the most recognized names include:
- BetOnline – One of the longest-running US-facing sportsbooks with Bitcoin, Ethereum, and Litecoin support.
- Bovada – Popular with US players, offering Bitcoin and Bitcoin Cash for deposits and withdrawals.
- MyBookie – Accepts Bitcoin, Ethereum, and several other altcoins.
- SportsBetting.ag – Sister site of BetOnline, also crypto-friendly.
These platforms allow US bettors to fund accounts in Bitcoin, often with extra deposit bonuses when paying with crypto.
Pros and cons of crypto betting in the US
Pros:
- Fast deposits and withdrawals
- Higher bonus offers for crypto users
- No middleman fees from banks or cards
- Greater privacy for bettors
Cons:
- Volatility of Bitcoin and other coins can affect bankroll value
- Not accepted at legal, state-licensed US sportsbooks
- Risk factor: Offshore sites don’t offer the same consumer protections
- Requires basic knowledge of crypto wallets and transfers
Is crypto betting legal in the US?
This is a gray area. Using Bitcoin itself is legal in the US, and so is owning and transferring it. But betting with crypto depends on where you place your wagers. If you’re using a licensed US sportsbook, you won’t be able to use Bitcoin because they are bound by banking rules.
Also Read; Historical scores and odds: What past trends teach bettors
If you turn to offshore sportsbooks, crypto betting is available, but it comes without the security of state regulation. That means fewer protections if disputes arise.
Key tips for US bettors using Bitcoin
- Use a secure wallet – Avoid leaving large balances on an exchange.
- Check sportsbook reputation – Stick to well-known offshore names with a long track record.
- Track exchange rates – Crypto value can move quickly, which impacts your bankroll.
- Start small – Test the process with a small deposit before committing more funds.
FAQs
Q1: Do any legal US sportsbooks accept Bitcoin?
No. At the moment, state-regulated sportsbooks like DraftKings, FanDuel, and Caesars do not allow crypto deposits.
Q2: Is it safe to bet with Bitcoin in the US?
It can be safe if you use a reputable offshore sportsbook, but keep in mind that offshore sites are not regulated under US law.
Q3: Which is the best crypto sportsbook for US bettors?
BetOnline and Bovada are among the most trusted options, both with strong reputations and fast crypto payouts.
Q4: Are crypto deposits faster than credit cards?
Yes. Crypto deposits usually take a few minutes, and withdrawals are often processed within 24 hours.
Q5: Can I use other cryptocurrencies besides Bitcoin?
Yes. Many sportsbooks also accept Ethereum, Litecoin, and stablecoins like USDT.
