Monero Betting Sites

Monero (XMR) is a pioneer in the field of digital assets that focus on privacy. Despite being often associated with the underworld, it is a magnificent choice for gambling. The reasons for this are simple. XMR offers fast transactions, which will help with your withdrawals. Low transaction fees make Monero betting sites a very affordable solution, something not all crypto gambling sites can claim.

XMR’s features as a coin make it an ideal, if not the second to none, option for under-the-radar gambling. Of course, competitive odds across a lot of markets & attractive bonuses are part of XMR betting too. Let’s get down to what makes Monero special in betting.

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Why opt for a Monero Sportsbook

At the risk of sounding like a broken record, we can not stretch enough how ideal a Monero sportsbook is for under-the-radar betting. XMR is in the unique position to offer truly untraceable and invisible transactions, making you the king of stealth in your financial affairs when it comes to your betting.

This also comes with no geographical restrictions, since crypto is global. And these are just the major proponents for why you should try out any Monero Sportsbook from our list.

Bookmaker

Rating

Monero Wallet

Highlights

Jackbit Review

4.1/5

Freebet

20+ Coins

Over 50 Sports

Up To 97%+ Odds

Changelly & Moonpay

100% Bonus Up To€100

Main strengths of Monero Betting

First and foremost, Monero is a trusted and reliable cryptocurrency. It has been around for many years and has matured along with Bitcoin, Ethereum and the other big players.

Provided you follow XMR’s peculiar process for transactions religiously you get to enjoy all the benefits of a top sportsbook plus fast withdrawals, unique crypto bonuses and top notch privacy. Let’s see the main advantages of crypto betting sites.

Once again, XMR sports betting is one of the most if not the most privacy oriented coin in crypto. This expands to Monero casinos as well, a popularity XMR enjoys for its under the radar capabilities. No third party will ever lay prying eyes on your activity, which is a must for many players.

In the best Monero betting sites, you will never have to wait for more than a couple of minutes to withdraw your gains. Make sure to check the operator’s terms and conditions for withdrawals though, to avoid any unexpected delays. As for the limits are both generously low enough to accommodate beginners and unbelievably high for high rollers to get a kick out of this.

Another characteristic of XMR betting sites and Bitcoin betting sites in general is that you can use them from anywhere in the world. You will not have to worry about using a VPN either, because Monero is decentralized, meaning there is no authority or country controlling it, thus you can place your bets from anywhere.

What solid XMR betting sites have in common

As we see above, XMR sports betting offers many advantages you can use to maximize your gains. But this is not enough. You need to also find a good Monero Sportsbook in order to utilize these effectively. Let’s see what features you should be looking for when choosing your next bookmaker to bet with your Monero.

Two types of crypto bookmakers

Booming popularity of crypto bookmakers has led to two types of operators. The ones that accept both crypto and fiat, we call them hybrid. And the ones that only accept crypto for payment. The former shelters you from crypto volatility by converting your deposits to fiat in your wallet, whereas the other keeps your crypto in your bankroll, exposing you to price fluctuations, while being more anonymous.

State of the art Sportsbook functions

Regardless of being a hybrid or not, an excellent Monero sportsbook must feature all the latest trends the best crypto gambling sites have in the industry. A Great mobile app for betting on the go is a must, especially with crypto’s flexibility. A large number of bets in all the popular markets is also a must, along with bet builder options and advanced, fast cashout during live betting.

Licensing is important

Monero betting sites are yet to obtain a UKGC license, which offers ironclad security and player protection. But they should still have a decent license. The good ones usually have a Curacao one. Not the best of its kind, but it gets the job done and offers a flare of legitimacy for the bookmaker. Do not trust sportsbooks with no license at all.

RATING

4.3/5

YEAR EST

2020

120% Bonus up to $20,000

Crypto Bonuses

Soft KYC

Low Exchange Fees

Buy Crypto With Fiat

exclusive bonus

XMR sportsbooks with in-game wallets

Bookmaker

Rating

Crypto Wallets

Highlights

Jackbit

4.1/5

Freebet

20+ Coins

Over 50 Sports

Up To 97%+ Odds

Changelly & Moonpay

100% Bonus Up To€100

Things to watch out for XMR sports betting

Finding the good traits of a sportsbook is more or less straightforward. But there are also things to be wary of. Offshore licenses make the bookie legit, but they are not famous for having the players’ backs on disputes.

You will also be helpless in crypto if you mistyped the address to which you are sending your funds; nothing is reversible on the blockchain. Below, a couple of other things to watch out for:

Granted, there are nice bonuses in crypto bookmakers. But you always need to check the terms and conditions.

Because in a good portion of any given promo or offer, you may either not be able to claim by doing a Monero deposit or it will only be claimable in Bitcoin, if at all with crypto. The latter is not necessarily a downside, since it is always a good idea to stack some BTC for a rainy day.

No matter how good the bookmaker is, they all have their own withdrawal processing procedures. Keep in mind that you will need to provide identification in many cases, so make sure you do it on time. Verification is among the most common causes for delay in your first withdrawal from a Monero Sportsbook.

Also, check if the bookie processes withdrawals manually; this removes the advantage of high speeds in transactions XMR offers.

Since Monero is a privacy coin, it is suitable for under-the-radar gambling. Therefore, selecting an anonymous sportsbook, that requires no KYC, makes more sense if you are going for total anonymity. Hybrid ones might need additional verification, which defies the coin's purpose.

Now you have a broad picture of what to expect and look out for in Monero betting sites. See below, more betting sites that accept XMR; our selection includes bookmakers that offer a great variety of pre-match and live events, competitive odds and top-notch bonuses with attractive terms.

Pro Tips

Ridiculously High Bonuses hide awful terms

Diversify your portfolio

Execute XMR transactions religiously

XMR is very liquid and you can trade in all the reputable crypto exchanges

Instant withdrawals always depend on T&Cs

Online reviews go a long way; do not underestimate them

0.0/5

How to start XMR Sports Betting

Let’s now see how to walk through your first deposit at Monero betting sites practically. First, you need to get a Monero crypto wallet. We recommend Exodus as a good choice for beginners and seasoned players alike. Then you go to one of the many exchanges that trade XMR.

We recommend Bitstamp, one of the oldest and most trusted ones out there. Register there; no need for KYC if you trade small amounts. Then buy some Monero and send it to your wallet. Never send coins directly from an exchange to your wallet.

Next, go to the Monero sportsbook of your choice, register and click on deposit to send your funds in your bankroll from your wallet. In mere minutes, you will be able to start betting on your favorite markets!

Are Monero Betting sites worth it

Suppose you are a player interested in staying on the cutting edge of developments and trends in the industry and looking to benefit from the awesome speeds in withdrawals and unique bonuses. In that case, you most definitely should use XMR betting sites. Not only do you get the above perks with access to bookmakers that have nothing to be jealous of traditional sportsbooks, but you get the extra perk of speculation on the coin you use.

Crypto is still maturing and large gains are always in play. For us, it is a no brainer since you only have to gain for this switch, provided you follow procedure religiously and adjust to the admittedly steep learning curve of crypto in the beginning, especially XMR.

Sportsbook

Jackbit

4.1/5

ODDS

94.07%

20+ Coins

Over 50 Sports

Up to 97%+ Odds

Changelly & Moonpay

Asian View

Bet Builder

Cash out Full

100% Bonus Up To €100

FAQs

Crypto is legal in most parts of the world, so that you will have no issue with that. Monero betting is, of course, legal, provided you meet the gambling age requirement in your country and that online gambling is legal, of course.

Monero is a proven and seasoned cryptocurrency. It most certainly will not go away overnight, if ever. Make sure you play at trusted bookies with a license, a good online reputation and you will be fine.

Taxes are a mixed bag in crypto all over the world. The common premise is that you pay taxes only in realized capital gains. Plus, in most parts of the world, gambling is not taxable. So, all in all, if you keep your profits and bankroll in crypto, you will not be paying any taxes at all.

We recommend Bitstamp, Kraken, Crypto.com and Coinbase. They are undisputed reliable options for anyone wanting to trade and dive into cryptocurrencies. Just make sure you never send your funds from any exchange to a sportsbook directly.

Monero Betting Sites

Why opt for a Monero Sportsbook

Main strengths of Monero Betting

True Anonymity

High Limits and FAST Withdrawals

No Regional Restrictions

What solid XMR betting sites have in common

Two types of crypto bookmakers

State of the art Sportsbook functions

Licensing is important

XMR sportsbooks with in-game wallets

Things to watch out for XMR sports betting

Non-claimable bonuses

Withdrawal processing

Crypto Only vs Hybrid Casinos

How to start XMR Sports Betting

Are Monero Betting sites worth it