Hong Kong Crypto Online Casinos

Hong Kong Crypto Online Casinos

Hong Kong Crypto Online Casinos

The iGaming scene is not what you would expect from a prestigious financial hub such as Hong Kong. Gambling is legal in the city, but the Hong Kong Jockey Club (HKJC) enjoys an absolute monopoly over activities like horse racing, football, and the lottery. Gambling anywhere else, even online, is considered illegal.

Due to this harsh restriction, many locals look to crypto online casinos, where they can enjoy a plethora of gambling options from the comfort of their homes. Cryptocurrencies are indeed the ideal way to circumvent this monopoly, as blockchain-based transactions retain a high degree of privacy.

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Safe Bitcoin Gambling Sites in Hong Kong

As cryptocurrencies have just been recently declared legal in Hong Kong, there is an intersection between crypto and online gambling. However, the anonymous nature of crypto transactions allows offshore brands to accept players worldwide, even from Hong Kong. With safety as our first priority, we list the following brands. They will elevate your casino sessions to a whole new level.

Casino
Rating
Min Deposit
Rollover
Bonus Code
% Percentage
Amount
#1
BC.Game Bonus
4.3/5
star star star star star
Deposit Bonus
$30
special-rules
Special Rules
Exclusive Offer
NO CODE
120% Bonus Up To$20,000
#2
Vave Bonus
4.4/5
star star star star star
Cashback
$20
B x 40
NO CODE
100% Bonus Up To1 BTC
#3
BetPanda Bonus
4.3/5
star star star star star
Deposit Bonus
$10
x80
NO CODE
100% Bonus Up To1 BTC
#4
Betswap Bonus
4.3/5
star star star star star
Deposit Bonus
10 USDT
Bx50
NO CODE
100% Bonus Up To500 USDT
#5
Coins.Game Bonus
4.2/5
star star star star star
Deposit Bonus
$10
N/A
NO CODE
180% Bonus Up To$20,000
#6
Cryptoleo Bonus
4.2/5
star star star star star
-
x50
NO CODE
100% Bonus Up To2,500 USDT
#7
Duelbits Bonus
4.2/5
star star star star star
Rakeback
$10
special-rules
Special Rules
Exclusive Offer
NO CODE
Bonus Up To10% Rakeback +500FS
#8
Coinplay Bonus
4.2/5
star star star star star
Deposit Bonus
20 USDT
x40
NO CODE
100% Bonus Up To5,000 USDT
#9
Jackbit Bonus
4.1/5
star star star star star
Deposit Bonus
€50
x1
WELCOME
copy-icon
Bonus Up To100 FS
#10
22bet Bonus
4.2/5
star star star star star
Deposit Bonus
€1
B x 50
Exclusive Offer
CRYPTOTV
copy-icon
100% Bonus Up To€300
#11
Stake Bonus
4.4/5
star star star star star
Rakeback
$1
special-rules
Special Rules
Exclusive Offer
CRYPTOTV
copy-icon
Bonus Up To10% Rakeback
#12
Gamdom Bonus
4.0/5
star star star star star
Rakeback
$1
special-rules
Special Rules
NO CODE
Bonus Up To15% Rakeback
#13
Sportsbet.io Bonus
4.1/5
star star star star star
Daily Rewards
$1
special-rules
Special Rules
NO CODE
Bonus Up ToDaily Rewards
#14
1xbet Bonus
4.2/5
star star star star star
Deposit Bonus
$10
x35
NO CODE
100% Bonus Up To$1,500
#15
20Bet Bonus
4.3/5
star star star star star
Deposit Bonus
$/€20
B x 40
NO CODE
100% Bonus Up To$/€120
#16
Mystake Bonus
4.2/5
star star star star star
Deposit Bonus
$20
x30
NO CODE
170% Bonus Up To$1,000
#17
Goldenbet Bonus
4.1/5
star star star star star
Deposit Bonus
$20
x35 in Slots
NO CODE
100% Bonus Up To$500
#18
FortuneJack Bonus
4.0/5
star star star star star
Deposit Bonus
BTC 0.001
Bonus x30
NO CODE
110% Bonus Up ToBTC 1.5
Bookmaker
Rating
Min odds
Min Deposit
Rollover
Bonus Code
% Percentage
Amount
#1
BC.Game Bonus
4.3/5
star star star star star
Deposit Bonus
-
$30
special-rules
Special Rules
Exclusive Offer
NO CODE
120% Bonus Up To$20,000
#2
Vave Bonus
4.4/5
star star star star star
Cashback
2.00
$20
B X 5 (Doubles)
NO CODE
100% Bonus Up To1 BTC
#3
BetPanda Bonus
4.3/5
star star star star star
Deposit Bonus
-
$10
x80
NO CODE
100% Bonus Up To1 BTC
#4
Betswap Bonus
4.3/5
star star star star star
Deposit Bonus
Not Available for Sports
10 USDT
Bx50
NO CODE
100% Bonus Up To500 USDT
#5
Coins.Game Bonus
4.2/5
star star star star star
Deposit Bonus
N/A
$10
N/A
NO CODE
180% Bonus Up To$20,000
#6
Cryptoleo Bonus
4.2/5
star star star star star
Deposit Bonus
-
-
x50
-
copy-icon
100% Bonus Up To2,500 USDT
#7
Duelbits Bonus
4.2/5
star star star star star
Freebet
1.50
$10
B X 5
NO CODE
100% Bonus Up To$100
#8
Coinplay Bonus
4.2/5
star star star star star
Deposit Bonus
1.60
20 USDT
x40
NO CODE
100% Bonus Up To5,000 USDT
#9
Jackbit Bonus
4.1/5
star star star star star
Freebet
1.30/selection (trebles)
€20
special-rules
Special Rules
NO CODE
100% Bonus Up To€100
#10
22bet Bonus
4.2/5
star star star star star
Deposit Bonus
1.40/selection (Trebles)
€1
Β x 5
Exclusive Offer
NO CODE
100% Bonus Up To€122
#11
Stake Bonus
4.4/5
star star star star star
Rakeback
-
$1
special-rules
Special Rules
Exclusive Offer
NO CODE
Bonus Up To10% Rakeback
#12
Gamdom Bonus
4.0/5
star star star star star
Rakeback
$1
special-rules
Special Rules
NO CODE
Bonus Up To15% Rakeback
#13
Sportsbet.io Bonus
4.1/5
star star star star star
Daily Rewards
-
$1
special-rules
Special Rules
-
copy-icon
Bonus Up ToDaily Odds Boost
#14
1xbet Bonus
4.2/5
star star star star star
Deposit Bonus
1.4
$1
x5
-
copy-icon
100% Bonus Up To$100
#15
20Bet Bonus
4.3/5
star star star star star
Deposit Bonus
2.00 Combined (ACCAs)
$/€10
B x 5
NO CODE
100% Bonus Up To$/€100
#16
Mystake Bonus
4.2/5
star star star star star
Deposit Bonus
1.40/selection
$20
x10 in Doubles
NO CODE
100% Bonus Up To$500
#17
Goldenbet Bonus
4.1/5
star star star star star
Deposit Bonus
1.4/selection
$20
x10 in Trebles
NO CODE
100% Bonus Up To$500
#18
FortuneJack Bonus
4.0/5
star star star star star
Cashback
N/A
BTC 0.001
N/A
-
copy-icon
20% Bonus Up To20% Cashback
crypto-icon

Legit Hong Kong Crypto Betting Sites

Not all of the currently available betting sites are reliable. It is crucial that you dedicate more time to find the best crypto betting sites in Hong Kong. We will help you get started with some tested ones that offer superb odds, rapid withdrawals and keep KYC to a minimum. And yes, you can bet in Hong Kong odds too.

Bookmaker
Rating
Crypto Coins
Highlights
% Percentage
Amount
#1
white-star
BC.Game
4.3/5
star star star star star
Deposit Bonus
Bitcoin logo
Ethereum logo
USDT logo
check-icon
100+ Coins
check-icon
In-game DeFi Tools
check-icon
Up To 200+ Live Markets Per Event
check-icon
10+ Blockchain Networks
120% Bonus Up To$20,000
#2
Vave
4.4/5
star star star star star
Cashback
Bitcoin logo
Ethereum logo
USDT logo
check-icon
Over 29 Coins
check-icon
Up To 96%+ Odds
check-icon
Over 1,000 Daily Live Events
check-icon
4+ Fiat To Crypto Gateways
100% Bonus Up To1 BTC
#3
BetPanda
4.3/5
star star star star star
Deposit Bonus
Bitcoin logo
Ethereum logo
USDT logo
check-icon
Over 12 Coins
check-icon
Livestreaming
check-icon
40,000+ Monthly Pre-game Events
check-icon
Bitcoin Lightning Accepted
100% Bonus Up To1 BTC
Tips for selecting the best Legit crypto betting sites in Hong Kong

Hong Kong has a unique crypto betting landscape because cryptocurrency is widely accepted, while online betting is illegal. As a result, it is easy to find many offshore betting sites that accept players from the country. However, some of these sportsbooks are not entirely safe. So, before you register, it is crucial to do a thorough background check. Below are some tips to consider for selecting the best crypto betting sites in Hong Kong:

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Read our reviews about their services and performances if they have other sites, as well as others you find online. It is important to check gambling forums and discords too. That way, you won't get the full picture.
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Of course, you are not looking for a local license because gambling is illegal in Hong Kong. However, using a betting site with a valid license from another jurisdiction is much safer. That way, you can have confidence that the site is legit. Even more, most licensed operators are obligated to comply with specific regulations regarding security and responsible gaming. Hence, before registering on any crypto betting site, ensure it has a license.
bullets icon
If a betting site has no valid support channels, that's a red flag. In choosing the best online betting sites, it is crucial since there is no physical location where you can get solutions to your problems. So, before you sign up on any offshore betting site, ensure an FAQ section is dedicated to answering some common questions. Also, check the available support channels. Live support is crucial as it allows for instant and faster response. Above all, it is important that players can get in touch at any time. So, providing around-the-clock support is very important.
BC.Game Logo
Casino
BC.Game
4.3/5
star star star star star
YEAR EST
2020
check-icon
100+ coins
check-icon
Over 5,400 Games
check-icon
60+ Providers
check-icon
DeFi tools
Pragmatic Play Pragmatic Play
Play ’n GO Play ’n GO
No Limit City No Limit City
Exclusive Offer
120% Bonus Up To $20,000
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Crypto Gambling in Hong Kong - How to Deposit

There are many crypto exchanges available in Hong Kong. But despite the recent changes in the local crypto scene, some HK-based banks still may refuse payments towards these entities. If possible, prefer top-ups with ewallets in order to purchase a gambling bankroll.

After selecting a casino or sportsbook you like, you need to proceed to a deposit. Go to the cashier section and select your preferred cryptocurrency to generate the wallet address. Afterwards, return to your crypto wallet and make the deposit. To avoid errors in the address, it is best to copy and paste and ensure you select the right network. Make sure to follow the steps below.

Step-By-Step Process
Hong Kong Crypto Online Casinos
Hong Kong Crypto Online Casinos
Step-By-Step Process
1
Start an account at a crypto exchange. Fund it via debit card, bank transfer or any other local option. Acquire the cryptocurrency that you are going to use as a gambling bankroll.
2
If you are not in a hurry, limit orders hold fewer fees than market orders. Sometimes, it is better to acquire the proprietary coin of the exchange first, as trading pairs with them cost less.
3
Transfer the cryptocurrency amount to your private wallet. Never make direct transactions between crypto exchanges & crypto gambling sites. Crypto exchanges may freeze such accounts.
4
Head over to the gambling site’s cashier section. Click on the relevant crypto method. The wallet’s address will appear. Copy the address and paste it into your wallet’s send function. QR code scans are commonly available too.
5
If a brand does not support crypto-only wallets, watch out for the exchange rate. Any spread above 1% of the current market rate is too much.
6
After a few seconds or minutes, your deposit will settle. This depends on the cryptocurrency and the number of block confirmations required by the operator.

Is there a tax on gambling winnings in Hong Kong

Tax rates in Hong Kong range from 2 to 20 % depending on many factors as determined by the Hong Kong Inland and Revenue Department. However, regarding gambling, the landscape is different. Only the Hong Kong Jockey Club (HKJC) is subject to tax laws as the only licensed land-based gambling operator in the country. Currently, the HKJC is one of the highest tax-paying organizations in Hong Kong, but it is not bound by strict laws. Typically, the club donates most of its proceeds to society through donations and charity.

Meanwhile, since online betting in other websites is illegal, there is no outright tax on gambling winnings. It is better to keep any winnings in your private wallet and only cash out small amounts if needed.

How is Asia responding to Gambling with Crypto?

If we take a look around Asia, we will notice many different approaches to gambling, but the common denominator is confusion and restrictions from the governments. No wonder why the crypto industry is skyrocketing in this part of the world. This is the case with Bitcoin gambling in the Philippines which thrives due to the lack of locally-licensed brands and the freedom to join offshore sites.

Another example is crypto online casinos in Taiwan that completely bypass the boring state-run sportsbook and allow players to wager on long-yearned casino games. The value that cryptocurrencies bring to the table cannot be ignored anymore.

Our Final Verdict on Crypto Gambling in Hong Kong
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Our Final Verdict on Crypto Gambling in Hong Kong

In Hong Kong, crypto gambling offers local players the safest alternative for enjoying more options away from the few games offered by the HKJC. Crypto gambling sites let you stay anonymous and provide flawless banking methods, with plenty of coins and rapid withdrawals. If you are serious about online gambling, you will miss out a lot if you stay away from crypto-friendly brands.

FAQs

Yes, Hong Kong is one of the most popular tech hubs that recognizes cryptocurrency as a digital asset. The country's regulations are mild and favorable for crypto transactions. Hence, many businesses use it for different transactions.

No, online gambling, in general, is illegal in Hong Kong. Instead, only the state-owned Hong Kong Jockey Club has the authorization to provide betting activities for horse racing, football, and lotteries. Every other form of betting, including crypto online casinos, is prohibited.

Since crypto is legal in Hong Kong, it is easy to find offshore bookmakers that support different cryptocurrencies. However, finding one that is legit might take some research, so choosing from our shortlisted crypto betting sites is best.

There is no limit to the type of games you can play on these sites. Most crypto betting sites offer casino games and various sports across different markets. So, you can easily navigate the site to find something that suits your preference.

No, online gambling is illegal in Hong Kong. However, there are no laws prohibiting offshore bookmakers, and with Bitcoin betting sites, you can play without getting noticed.

Cryptogambling.tv is the first site to fully empower crypto iGaming brands. Decentralized digital currencies are the answer to the restrictions that gamblers face worldwide. Your funds, your rules. At the same time, we accept no compromises, and promote only legitimate websites. Trust our expertise, become an avid crypto gambler and maximize your bankroll’s value.
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