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Crypto Betting Sites in Australia

By Stephen Olayanju |

Crypto has proven to be a reliable payment method worldwide. These assets are not only convenient due to their digital nature but they are also a valuable investment.Ā 

The rise of crypto betting bookmakers means that crypto users can now easily use their digital assets to place wagers. From the pioneer crypto Bitcoin (BTC), to other top assets like Ethereum and USDT, there š“ƒ²are many crypto betting sites that welcome this payment method.

List of Bookmakers that Accept Crypto

Rank Bookmaker Rating Bonus Get bonus
1
4.5/5
100% Welcome Bonus up to 150 AUD
PlayRead review
2
4.8/5
100% first deposit bonus up to 320 AUD
PlayRead review
3
4.5/5
100% First deposit bonus up to 330 AUD
PlayRead review
4
4.8/5
Welcome bonus 100% deposit match up to $150
PlayRead review
5
4.8/5
Wide Variety of Betting Markets
PlayRead review
6
4.8/5
480 AUD welcome bonus in free bets
PlayRead review
7
4.5/5
Welcome Bonus Up to 300 AUD
PlayRead review
8
4.5/5
100% Welcome Bonus up to AUD 170
PlayRead review
9
4.5/5
Welcome bonus up to 1000 AUD
PlayRead review
10
4.5/5
150% welcome bonus up to 220 AUD
PlayRead review

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crypto betting sites

What are Crypto Betting Sites?

Crypto betting sites areĀ basically any online bookmaker that lets you place bets using cryptocurrencies. With thousands of differentā›„ cryptocurrencies in the market, and more getting created eacšŸ­h day, it depends on the bookmaker what cryptocurrencies they accept.

Some of the top crypto bookmakers also have exchange services that let you buy or trade crypto assets. Meaning, if you own crypto thatā€™s not acceptešŸ¦‹dšŸ¦© by the bookmaker, you can trade some for the assets that are welcomed by these sites and use it for betting.

Crypto Betting Overview
Faster Transactionsāœ…
Reduced Fees & Chargesāœ…
Confidentiality & Privacyāœ…
Ease of Useāœ…
No Geographic Location Restrictionsāœ…

Are Crypto Payment Methods Safe for Betting?

There have been many discussions revolving around crypto betting and its security measures against hackers and people with malicious intentions. This is why there are many initiatives when it comes to safety and security. Some cryptocurrencies have still struggled with being secure but the biggest and most popular crypto in the market can be trusted for betting.

Bitcoin andā­• Ethereum are established enough and other cryptocurrencies utilize the blockchain wšŸ…hich has enhanced security features and encryption. Crypto wallets will also matter here because that will be the main storage for your assets.

How to Bet With Crypto

Instead of using the traditional fiat curreš•“ncies likš’…Œe the US Dollar and credit card options, betting payment options crypto lets you place wašŸ»gers using digital assets instead. Buy crypto or if you already have this asset, simply use it šŸ°to fund your bookmaker account. Here are a few tips on how to bet using crypto:

  • 1

    Check our bookmaker list

    To find the best crypto bookmaker, check out the list above. All of these sites accept crypto so explore each one of them to find which bookmaker is perfecā™t for your bettišŸ”Æng journey.

  • 2

    Get used to your bookmaker

    Find out more about the site youā€™ve chosen for crypto betting. Learn its features, particularly how to navigate the site as a whole. In the process of knowing the platform, you can find out the bonuses and promotions they offer that can help yoā™Žu ź§’have a fun betting experience.

  • 3

    Deposit funds

    To deposit using sportsbook payment methods crypto, here are the steps that need to be followed:Ā 

    āž® Buy your preferred crypto using an exchange and storšŸ’™e it in a secure crypto wallet.Ā 

    āž® Find which betting sites accept crypto, log in to your preferred sportsbooź¦¬k and find the deposit option.Ā 

    āž® This is where you connecšŸ’Žt your crypto wā™ˆallet and choose which kind of cryptocurrency you would like to use.Ā 

    āž® Finalize the transaction and start to bet with crypto

  • 4

    Start Betting

    Once youā€™ve deposited using the best online payment service for betting crypto, you can start gambling. There are promotions that you can also chešŸ… ck to maximize your crypto betting online.

How to Withdraw Crypto From a Bookmaker

Crypto withdrawal process is easy and fast. This will involve the same variables from the deposit because you will need a crypto wallet where the coins will be stored. Just make sure that you follow ź¦†the steps for you to transfšŸ’§er them easier.Ā 

Go to your bookmaker account and then click the withdraw buttoš“°n. Enter the amount that you want to withdraw from the winnings youā€™ve earšŸŽned with your successful gaming.

How to Withdraw Funds

Withdrawing crypto has the same processing as placing deposits to your bookmaker account. Simply look for the withdraw buį©šį©šį©šį©šį©šį©šā¤ā¤ā¤ā¤į©šā¤ā¤ā¤ā¤į©šā¤ā¤ā¤ā¤į©šš’€±į©šį©šį©štton, indicate how much of your winnings you want to withdraw, and wait for a fešŸŽ€w minutes for it to be reflected to your linked crypto wallet.

Canceling Your Withdrawal RequestĀ 

The cancellation process depends on the bookmakerā€™s terms and conditions. Let the siteā€™s chat support team know right away if you want to cancel your withdrawal request. Most top ź¦online bookmakers have a 24/7 system so you can reach them right away.

Donā€™t Withdraw All Your Funds at Once

As you place crypto bets, make sure that you aą¼’re not withdrawing them all at once. It is important for you to know your limits because itā€™s better to keep some of your funds in the šŸŒŸin-game wallet.Ā 

How Deposit and Withdrawal limits work

There will always be deposit and withdrawal limits at online sportsbooks that accept crypto. This is to make sure that each bettoršŸ² deposits and withdraws funds as smoothly as possible. Youā€™re in control of your betting assets because of these limits.

 

Pros and Cons of Sports Betting with Crypto

Finā™šdšŸø out what are the factors you have to consider if you want to bet using crypto below:

Pros:

āœ” Decentralized

āœ” Safe, secure and legitimate assets

āœ” Fast transaction speeds

Cons:

āœ– Volatile in nature

āœ– Untraceable since itā€™s anonymous

Author
Stephen Olayanju
Professional casino content writer with 5 years of experience. He has been privileged to work with many popular casino brands, which are mostly ghostwritten. Heā€™s a casino player and punter too, and has helped many players to get most out of gambling.
Article rating
5/5
1 vote
FAQ. Frequently Asked Questions
  • Make sure that you are picking the right sportsbook based š’ŠŽon tšŸ¼he markets that they provide and the experience that they give to you. Always choose licensed bookmakers.

  • At the moment, Bitcoin and Ethereum are the tā™›op two assets wą¹Šith Tether or USDT at a distant third.

  • Yes, crypto betting service has drastically improved throughą¼ŗ the years which has led to more people making bets with crypto.

  • There is no true ansšŸŒƒwer because itā€™s subjective but the top three ašŸ’Ære all good choices. Tron (TRX) is also a good choice alongside the memecoin turned legit asset, Dogecoin.

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