Is crypto gambling by itself?

Due to the volatile nature of the cryptocurrency market, many people consider investing or trading in cryptocurrencies a gambling act. In reality, the difference between gambling and investing stands in which coins you buy. There are long-standing serious projects, and then other more risky ones like meme coins, moonshots and others. Both can yield returns, but some are far more volatile than others.

Best Crypto Gambling Sites

CryptoGambling.tv consists of a combined-arms team that holds experience in the iGaming industry and the crypto scene. Our passion for gambling and our interest in the capabilities that blockchain networks hold made us create this website, where players can learn everything about the utilization of cryptocurrencies and blockchain networks for crypto gambling sites.

The aspects we analyze include articles on the major coins & tokens supported by casinos & sportsbooks, in-depth brand reviews, country-specific manuals and strategy guides for every type of player out there. Stick with us, to master how to circumvent any local restrictions you may face and enhance the value of your bankroll by a great margin.

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SOLID CRYPTOCURRENCY GAMBLING SITES

We constantly evaluate our approved crypto-friendly casinos & sportsbooks according to our meticulous testing methods. Each month, you will find below a freshly researched list of top-rated brands. Feel free to check them out by filtering via your most important criteria like bonuses, crypto in-game wallets, casino providers and sportsbook odds.

Casino

Rating

Crypto Coins

Highlights

Cryptoleo

4.2/5

10+ Coins

Provably Fair

Multiple Stablecoin Networks

Buy Crypto With Card

100% Bonus Up To2,500 USDT

Jackbit

4.1/5

Deposit Bonus

20+ Coins

7,000+ Games

Over 100 Providers

Changelly & Moonpay

Bonus Up To100 FS

Bookmaker

Rating

Crypto Coins

Highlights

Cryptoleo

4.2/5

Deposit Bonus

10+ Coins

High Limits

Multiple Crypto Networks

Buy Crypto With Card

100% Bonus Up To2,500 USDT

Jackbit

4.1/5

Freebet

20+ Coins

Over 50 Sports

Up To 97%+ Odds

Changelly & Moonpay

100% Bonus Up To€100

Crypto Gambling vs Conventional Online Gambling

How about clearing the air around a common misconception first? Why should someone try their luck and invest their gambling bankroll in smaller gambling sites with low levels of reliability? Aren't there several large established websites with superb products and flexible payment options? Is the risk worth it?

For starters, crypto gambling sites are not what they used to be just a few years back. The brands that put in the most work are now key members of the online gambling industry and have nothing to envy from the older conventional websites in every possible aspect, such as casino & sportsbook products, customer support and a functional interface. And they also offer a few extra perks.

Crypto operators hold a significant advantage that regular brands will never manage to achieve. Crypto payments are just like the internet; they are extremely difficult, even impossible, to restrict. This means that possible local restrictions that apply to gameplay and payments can be fully circumvented, as you can simply join an offshore crypto casino or sportsbook.

As an added benefit, crypto transactions allow for higher privacy levels. Crypto wallets do not contain personal information, and blockchain networks do not care about who you are and why you are transferring funds. They just confirm and process transactions according to their protocol. No third party supervises anything and can block transfers or freeze funds. Furthermore, the best crypto gambling sites hold more relaxed KYC standards than conventional bookmakers and casinos. Say goodbye to lengthy & intrusive verification procedures before you can even wager anything.

Generally speaking, their reliability level is lower than conventional brands because most do not run under an MGA, UKGC or a domestic license. So, if a dispute arises, you will have a hard time ahead, as there will be no third-party institution like IBAS to help you out. However, the best crypto gambling sites have a reputation that surpasses some of the major operators, even if they hold just a Curacao license. In the crypto gambling scene, licenses are of secondary importance. The best way to gauge the reliability of such a website is to read our Bitcoin gambling reviews, and then head over to their Discord and Telegram channels. Communication there with representatives is direct, transparent, and you can easily engage with other community members. We also recommend thorough research in other online forums.

The second aspect you need to consider for a safe crypto gambling experience is the current crypto gambling regulation in your country. The regulatory framework varies wildly from country to country. From a complete lack of legislation up to a strictly supervised environment. There is always a way around any law, as bureaucratic processes are too slow for a rapidly evolving industry such as the crypto space, where new tools and technologies appear every month. You just need to be well informed on the current and future laws to play with peace of mind.

Crypto Gambling - Benefits & Drawbacks

Do not think that we are just blindly evangelizing crypto-friendly brands. They hold several disadvantages as well. After all, a cashier section that supports crypto coins & tokens is not the answer to everything. There is no need to exclude conventional gambling sites from your available pool of candidates. You just need to learn when to use each type of website.

Pros

Cons

Stay under the radar

Lighting-fast withdrawal speeds

Avoid any geographical restrictions

Low fees

Crypto Bonuses

Technical complexity

Regulatory instability

Crypto market price volatility

Offshore licensing

How to gamble with cryptocurrency

Let’s now get down to brass tacks. What is the overall process for depositing to crypto gambling sites? While it might seem complicated at first, once you have done it a few times, it will be just like depositing with your debit card. Even easier.

Find a crypto exchange

A reliable crypto exchange is necessary to acquire any cryptocurrency you want successfully. Centralized exchanges like Binance, Kraken and Coinbase are the only options if you want to buy cryptos with FIAT money. Afterwards, if you already have a crypto capital, you can opt for decentralized exchanges, which do not require any KYC processes.

Acquire a crypto bankroll

Study our coin guides below to learn more about them and how effective they are for transactions with crypto gambling sites. Each coin or token has pros and cons, so you will need to find one that suits your needs. Anyhow, you do not have to limit yourself to a single option. You can always have a diverse portfolio or exchange them with other cryptos later on. The flexibility in this aspect is limitless.

Deposit to the gambling site

After getting the cryptos you need, transfer them to your private wallet. Always do so, as exchanges tend to ban accounts that deal directly with gambling sites. Then, head over to the cashier section of the website you picked and click the appropriate coin option. Copy and paste the alphanumeric address you will see to your wallet’s send function. That’s it. After a few seconds, the amount will be displayed in your account’s balance, and you are ready to go.

Which are the main cryptocurrency gambling coins

There are thousands of cryptocurrencies currently available. And every day, new projects launch and old projects get abandoned. However, crypto-friendly brands tend to stick to just a few cryptocurrency gambling coins. These solid coins have withstood the test of time and are 100% reliable. Of course, some are safer than others, but the risk-to-reward ratio can be different. Gauge their attributes carefully before investing any funds in them.

Bitcoin

The undoubtable king of cryptocurrencies. The first cryptocurrency still leads the market, as its price defines the trends of all other cryptos. BTC gambling sites were also the first ones to implement crypto payments. Nowadays, there are faster and cheaper options, but Bitcoin’s reliability is still unparalleled.

Best Bitcoin Gambling Sites

Bitcoin Betting Sites

Ethereum

Soon after Ethereum’s creation, crypto brands incorporated ΕTH payments as soon as they were able to. It significantly improved speed and costs compared to Bitcoin. However, this has not been the case for the last couple of years. The network’s success and subsequent development resulted in many decentralized applications, which heavily congested blockchain. This leads to slower transaction speed and sometimes absurd fee costs. Until the network sees some much-needed upgrades, opt for ETH gambling sites that offer other cryptos too. Despite the above, Ethereum is a battle-proven safe and reliable option with a high level of decentralization.

Ethereum Betting Sites

Ethereum Gambling Sites

Litecoin

Created in 2011, Litecoin is one of the oldest cryptocurrencies. While not as popular as in the previous decade, it is a legitimate pick for frequent transactions, as it is fast & cheap. There are also tons of Litecoin-friendly operators, something that demonstrates its reliability.

Litecoin Betting Sites

Litecoin Gambling Sites

Bitcoin Cash

Another cryptocurrency similar to Bitcoin, with a blockchain structure optimized for effective transactions. Like Litecoin, Bitcoin Cash casinos & sportsbooks are widely available, as this coin is a favourite among crypto gambling sites.

BCH Betting Sites

BCH Gambling Sites

XRP

One of the fastest cryptocurrencies around. Ripple’s cryptocurrency sacrifices decentralization for lighting-fast transactions and close to zero fees. In late 2020, Ripple received a lawsuit from USA’s Securities and Exchange Commission, accusing the company of issuing unregistered securities. The case is quite controversial, and it heavily impacted XRP’s price. Nonetheless, this did not impact the coin’s transactional performance at all. Gamblers outside the USA can freely buy and use it, and XRP gambling sites are some of the most efficient around.

XRP Betting Sites

XRP Gambling Sites

XLM

Ripple’s little cousin. The Stellar network was created by the same person that made the XRP one. While these two projects have different objectives, the end-user experience is almost identical. Brands that accept XLM offer top-notch speeds and negligible fees, two characteristics ideal for bettors.

XLM Betting Sites

XLM Gambling Sites

USDT

Tether is a cryptocurrency pegged to the value of the US dollar value. This means that your USDT bankroll will retain the same value regardless of the crypto market. Tether bookmakers and casinos are some of the best options as they remove volatility from the equation.

Tether Betting Sites

Tether Gambling Sites

USDC

The second most popular ‘stablecoin’, as they call them, right behind Tether. Supposedly, USDC-friendly brands are better than USDT, since the company behind the coin is more reliable. Nevertheless, Tether is still more popular, but USDT is a solid choice too.

USDC Gambling Sites

Tron

TRX is the native token of the Tron network. While its popularity has certainly diminished, many Operators that accept Tron are still around. And that is not strange since its network supports extremely efficient transactions, as well as decentralized gambling applications.

Tron Betting Sites

Tron Gambling Sites

Cardano

ADA, Cardano’s native token, was one of the most hyped-up cryptos in late 2020. However, the project has yet to deliver its promises as a layer-1 blockchain. Nonetheless, Cardano gambling sites are available, and ADA is quite decent for simple transactions.

Cardano Betting Sites

Cardano Gambling Sites

EOS

Much like Tron, EOS wanted to be a superior version of Ethereum. And while it indeed surpasses it in many aspects, its popularity is quite low. Despite this, the network is home to many decentralized gambling sites, another similarity to Tron. Centralized EOS betting sites and casinos are also available, but not in great numbers.

EOS Betting Sites

EOS Gambling Sites

Dogecoin

Inspired by the 2013 Doge meme, Dogecoin saw a surge in popularity during the second quarter of 2021. During that time, numerous crypto brands added it to their cashier section. Dogecoin-friendly sites are still relevant, as much DOGE is circulating around, and it is suitable for frequent payments.

Dogecoin Betting Sites

Dogecoin Gambling Sites

Monero

One of the most interesting cryptocurrencies. Monero belongs to the so-called ‘privacy’ coins, as its blockchain ledger is non-transparent and fully encrypted. Monero gambling sites allow full anonymity, a prerequisite for bettors who want to stay under the radar.

Monero Betting Sites

Monero Gambling Sites

Zcash

The main alternative to Monero. Zcash allows for optional non-transparent fund transfers, but it's not nearly as popular as XMR. Still, Zcash sportsbooks and casinos let you place wagers while maintaining a low profile just as well.

Zcash Betting Sites

Zcash Gambling Sites

Dash

This cryptocurrency holds optional features that can boost a transaction’s speed or privacy. Dash gambling sites are one of the most flexible crypto-friendly sites you can choose from. Definitely worth a try.

Dash Betting Sites

Dash Gambling Sites

Solana

One of the industry’s most controversial topics. But despite its multiple ups and downs, the Solana network has proven itself able to handle the most difficult situations a crypto project can find itself in. And its capabilities of instant transactions at the cost of a fraction of a cent make it ideal for crypto gambling.

Solana Gambling Sites

Solana Sports Betting Sites

Best Crypto Gambling Sites

SOLID CRYPTOCURRENCY GAMBLING SITES

Crypto Gambling vs Conventional Online Gambling

No Geographical Restrictions

Remain Anonymous

Are crypto gambling sites safe

What’s the current legal situation

Crypto Gambling - Benefits & Drawbacks

Are crypto gambling bonuses really worth it

Best Crypto Gambling Sites by Features

How to gamble with cryptocurrency

Which are the main cryptocurrency gambling coins

Which are the different types of crypto gambling sites

What is the future of crypto gambling