Do Sportsbooks accept crypto?

Thailand Crypto Gambling Sites

In Thailand, all local gambling operations are illegal, and most major payment providers tend to block payments to & from offshore gambling sites. This is why crypto-friendly brands are the best available option for avoiding such restrictions. And, apart from frictionless & safe fund transfers, Thailand crypto gambling sites offers many additional advantages.

These include access to 5,000+ games from the major slot studios, thousands of high-odds betting options and top-tier bonuses that can boost your first deposits up to 300%. Stay on the article to find out the best brands, the local gambling legislation and what’s the current situation with crypto taxes in the country.

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100% Cashback up to 1 BTC

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120% Bonus up to $20,000

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Choose the best crypto gambling bonus in Thailand

A recent cryptocurrency boom has taken the gambling industry by storm. Cryptocurrencies offer an unmatched level of anonymity and flexibility. Thai residents can also benefit from this technology too and, at the same time, enjoy lucrative bonuses. We have reviewed the best crypto gambling sites in Thailand attentively. Below you will find casinos and bookmakers that offer unique crypto gambling bonuses, all through a high level of reliability.

Casino

Rating

Min Deposit

Rollover

Bonus Code

BC.Game Bonus

4.3/5

Deposit Bonus

$30

Special Rules

Exclusive Offer

NO CODE

120% Bonus Up To$20,000

Vave Bonus

4.4/5

Cashback

$20

B x 40

NO CODE

100% Bonus Up To1 BTC

BetPanda Bonus

4.3/5

Deposit Bonus

$10

x80

NO CODE

100% Bonus Up To1 BTC

Betswap Bonus

4.3/5

Deposit Bonus

10 USDT

Bx50

NO CODE

100% Bonus Up To500 USDT

Coins.Game Bonus

4.2/5

Deposit Bonus

$10

N/A

NO CODE

180% Bonus Up To$20,000

Cryptoleo Bonus

4.2/5

x50

NO CODE

100% Bonus Up To2,500 USDT

Duelbits Bonus

4.2/5

Rakeback

$10

Special Rules

Exclusive Offer

NO CODE

Bonus Up To10% Rakeback +500FS

Coinplay Bonus

4.2/5

Deposit Bonus

20 USDT

x40

NO CODE

100% Bonus Up To5,000 USDT

Jackbit Bonus

4.1/5

Deposit Bonus

€50

WELCOME

Bonus Up To100 FS

#10

Stake Bonus

4.4/5

Rakeback

Special Rules

Exclusive Offer

CRYPTOTV

Bonus Up To10% Rakeback

#11

Gamdom Bonus

4.0/5

Rakeback

Special Rules

NO CODE

Bonus Up To15% Rakeback

#12

Sportsbet.io Bonus

4.1/5

Daily Rewards

Special Rules

NO CODE

Bonus Up ToDaily Rewards

#13

1xbet Bonus

4.2/5

Deposit Bonus

$10

x35

NO CODE

100% Bonus Up To$1,500

#14

20Bet Bonus

4.3/5

Deposit Bonus

$/€20

B x 40

NO CODE

100% Bonus Up To$/€120

#15

Mystake Bonus

4.2/5

Deposit Bonus

$20

x30

NO CODE

170% Bonus Up To$1,000

#16

Goldenbet Bonus

4.1/5

Deposit Bonus

$20

x35 in Slots

NO CODE

100% Bonus Up To$500

#17

FortuneJack Bonus

4.0/5

Deposit Bonus

BTC 0.001

Bonus x30

NO CODE

110% Bonus Up ToBTC 1.5

Bookmaker

Rating

Min odds

Min Deposit

Rollover

Bonus Code

BC.Game Bonus

4.3/5

Deposit Bonus

$30

Special Rules

Exclusive Offer

NO CODE

120% Bonus Up To$20,000

Vave Bonus

4.4/5

Cashback

2.00

$20

B X 5 (Doubles)

NO CODE

100% Bonus Up To1 BTC

BetPanda Bonus

4.3/5

Deposit Bonus

$10

x80

NO CODE

100% Bonus Up To1 BTC

Betswap Bonus

4.3/5

Deposit Bonus

Not Available for Sports

10 USDT

Bx50

NO CODE

100% Bonus Up To500 USDT

Coins.Game Bonus

4.2/5

Deposit Bonus

N/A

$10

N/A

NO CODE

180% Bonus Up To$20,000

Cryptoleo Bonus

4.2/5

Deposit Bonus

x50

100% Bonus Up To2,500 USDT

Duelbits Bonus

4.2/5

Freebet

1.50

$10

B X 5

NO CODE

100% Bonus Up To$100

Coinplay Bonus

4.2/5

Deposit Bonus

1.60

20 USDT

x40

NO CODE

100% Bonus Up To5,000 USDT

Jackbit Bonus

4.1/5

Freebet

1.30/selection (trebles)

€20

Special Rules

NO CODE

100% Bonus Up To€100

#10

Stake Bonus

4.4/5

Rakeback

Special Rules

Exclusive Offer

NO CODE

Bonus Up To10% Rakeback

#11

Gamdom Bonus

4.0/5

Rakeback

Special Rules

NO CODE

Bonus Up To15% Rakeback

#12

Sportsbet.io Bonus

4.1/5

Daily Rewards

Special Rules

Bonus Up ToDaily Odds Boost

#13

1xbet Bonus

4.2/5

Deposit Bonus

1.4

100% Bonus Up To$100

#14

20Bet Bonus

4.3/5

Deposit Bonus

2.00 Combined (ACCAs)

$/€10

B x 5

NO CODE

100% Bonus Up To$/€100

#15

Mystake Bonus

4.2/5

Deposit Bonus

1.40/selection

$20

x10 in Doubles

NO CODE

100% Bonus Up To$500

#16

Goldenbet Bonus

4.1/5

Deposit Bonus

1.4/selection

$20

x10 in Trebles

NO CODE

100% Bonus Up To$500

#17

FortuneJack Bonus

4.0/5

Cashback

N/A

BTC 0.001

N/A

20% Bonus Up To20% Cashback

What to know about crypto gambling sites in Thailand

Gambling in Thailand is a complicated issue. In fact, there is typically no legal gambling at all besides the national lottery and betting on horse racing. Yet still, this doesn't mean that locals don't gamble; pretty much the opposite. Thais frequently play at illegal casinos, cock fighting dens and many opt for foreign online casinos and bookmakers. However, if a local player gets caught gambling, he could face severe penalties, so a low profile must be maintained at all times.

Over the last few years, many people gamble online, in makeshift betting shops or even cross the border to play at casinos just across, in Cambodia or Malaysia. For example, a town called Poipet near the Thai border, has been nicknamed the 'Sin City of Asia'; that’s because it has an entire casino industry built around Thai nationals who often cross the border to gamble there.

And regardless of the non-existent crypto gambling regulation, it is pretty clear though, that the easiest and safest way to do it is via offshore crypto-friendly brands. While the innate privacy of blockchain networks allows players to stay 100% under the radar.

Trending Brands in Thailand

No of Cryptogambling Sites

Top Site

Anonymous gambling sites

Most Secure

Provably fair casinos

Most Games

Instant Withdrawal Sites

Fastest Payout

Stablecoin gambling sites

Most Networks

Thai crypto gamblers are spoiled for choice. A quick search reveals that they can play at dozens of online crypto-friendly casinos and bookmakers. What’s more, crypto gambling sites in Thailand offer better odds and promotions than their traditional counterparts. However, be careful when choosing your favorite site since not all of them are trustworthy. Check out our filtered recommendations and do a bit of your own research too.

Thai crypto gambling Info

When you join a crypto gambling site, always check the terms & conditions, as the withdrawal times & possible limits are important factors to consider.

Crypto gambling sites in Thailand usually offer high-quality games from providers like Netent, Yggdrasil, QuickSpin and Pragmatic Play.

Only few casinos allow you to play using your local currency; in most cases, your account balance will be displayed in Euros or Dollars; but, if you use a Crypto Only Casino, you may also place bets in crypto.

Ethereum transactions have excessive network fees, while Bitcoin transactions have a long confirmation time; alternative cryptocurrencies such as LTC, BCH and XRP come with minimal fees and rapid transaction times.

Which is the best crypto casino in Thailand

Placing a bet on the outcome of any given event is a fun activity that has been around for centuries. Today it's easier than ever to place wagers thanks to advances in technology. Crypto casinos allow you to deposit and withdraw with cryptocurrencies in mere seconds, while also allowing you to keep your sensitive details private. The registration process at most crypto casinos in Thailand is also much simpler compared to traditional online ones and even requires less personal information.

Casino

Rating

Crypto Coins

Highlights

BC.Game

4.3/5

Deposit Bonus

100+ Coins

Over 5,400 Games

60+ Providers

DeFi Tools

120% Bonus Up To$20,000

Vave

4.4/5

Cashback

Over 29 Coins

70+ Providers

Over 700 Bonus Buy Games

4+ Fiat To Crypto Gateways

100% Bonus Up To1 BTC

BetPanda

4.3/5

Deposit Bonus

Over 10 Coins

5,000+ Slots

No Verification Required

Separate Crypto Wallets

100% Bonus Up To1 BTC

Bonus tips about crypto casinos in Thailand

As crypto casinos are able to avoid high costs related to licensing and third-party payment processing fees, players can easily find valuable welcome bonuses, reload offers and rakeback promotions that clearly surpass the ones of conventional gambling sites. This is a key factor for someone to choose cryptocurrency gambling.

However, do not get tempted right away by the over-the-top amounts that you will see. The first course of action should always be a careful examination of the website's bonus terms and conditions. In this way, you will hardly face uncomfortable situations down the road.

Which are the best Thai crypto sports betting sites

Since there are no bookmakers holding an official local license, bettors look for alternative ways of betting on football, basketball and other major sports. This is why offshore crypto sports betting sites in Thailand are increasing their popularity. We have listed the best active crypto sports betting sites in Thailand that will provide you with the best odds, hundreds of sports markets per event and numerous daily offers.

Bookmaker

Rating

Crypto Coins

Highlights

BC.Game

4.3/5

Deposit Bonus

100+ Coins

In-game DeFi Tools

Up To 200+ Live Markets Per Event

10+ Blockchain Networks

120% Bonus Up To$20,000

Vave

4.4/5

Cashback

Over 29 Coins

Up To 96%+ Odds

Over 1,000 Daily Live Events

4+ Fiat To Crypto Gateways

100% Bonus Up To1 BTC

BetPanda

4.3/5

Deposit Bonus

Over 12 Coins

Livestreaming

40,000+ Monthly Pre-game Events

Bitcoin Lightning Accepted

100% Bonus Up To1 BTC

Picking the Ideal Thai Bookmaker

Check if a sportsbook offers betting on Muay Thai markets, as many bookmakers do not cover such events.

Compare the odds; some Bitcoin bookmakers offer higher odds than others to get the most profit, especially in secondary markets and smaller leagues

Take a close look at welcome bonuses; eligible markets, maximum allowed bets and max winnings are essential details you need to be familiar with

Casino

BC.Game

4.3/5

YEAR EST

2020

100+ coins

Over 5,400 Games

60+ Providers

DeFi tools

Pragmatic Play

Play ’n GO

No Limit City

Exclusive Offer

120% Bonus Up To $20,000

How to deposit on Crypto gambling sites in Thailand

The first step is to create a new account at one of the exchange platforms. Binance and Kraken are very popular selections in Thailand. Other local crypto exchanges include Bitkup and Satang, where you can even trade using the local currency (Baht). Once you have registered and opened your account with a crypto exchange, you may then deposit funds either by bank transfer or credit card. Once you have filled it up, you can purchase any cryptocurrency and send it to your private wallet; lastly, top up your gambling account.

Step-By-Step Process

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

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

Transfer the cryptocurrency amount to your private wallet. Never make direct transactions between crypto exchanges & crypto gambling sites. Crypto exchanges may freeze such accounts.

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.

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

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

Once you get a big win, the payout process will be a breeze. You just have to enter your wallet address in the relevant field and once the withdrawal is processed, it will be available within an hour, for most coins. A really important question still remains though; what happens with gambling winnings and is there a crypto tax in Thailand? Let’s find out.

Sportsbook

BC.Game

4.3/5

YEAR EST

2020

100+ coins

In-game DeFi tools

Up to 200+ live markets per event

10+ Blockchain Networks

Cash out Full

Exclusive Offer

120% Bonus Up To $20,000

How are crypto casino winnings taxed in Thailand

Since online casinos and bookmakers are not legal in Thailand, no taxes are levied on winnings, so you get to keep all you win. However, note that the situation is different for the sale of crypto assets that incurs a capital gain tax. Nonetheless, the government holds a lenient stance on crypto taxation, which is beneficial to crypto traders when compared to other countries in the region. A proposed legal framework that would tax crypto gains at 15% was rejected in early 2022, maintaining Thailand among the most crypto-friendly nations.

Privacy as a priority

If you live in Thailand and you want to gamble, the only choice you have is through an offshore gambling site. You should however be careful. The local government has introduced strict rules on all related activity, so anonymity is extremely important. If you get caught gambling, you could face up to a year in jail and a ฿1000 fine. This is why it's crucial to keep your gambling sessions under wraps.

One of the best ways to stay undercover is to pick gambling sites that hold relaxed KYC procedures. Another alternative for an even higher level of privacy is to use so-called “Privacy coins like Zcash or Monero. The main difference between these coins is that you can't see any transaction details regarding the sender or the receiver on any blockchain explorer.

How is the Situation in Other SEA Countries?

The case in most countries around Thailand is quite contradictory. On one hand, the South-East Asia region is home to some of the most hardcore gamblers around. On the other though, in many nations, gambling is outright banned for cultural, religious or other reasons. Most locals rely on illegal betting shops or mediocre online casinos.

With cryptocurrencies, everything is easier and most importantly, safer. Your transactions will not disclose your identity anywhere. As a prime example, Malay crypto casinos and Indonesian crypto gambling sites will let you access top-tier gambling products, bonuses up to 5 BTC and instant withdrawals. All this without any bank or centralized financial institution getting in the way. And, of course, no tax on winnings.

*Remember, as we are not financial advisors, this is meant to be a simple overview of the current fiscal situation. Contact a tax professional for your financial inquiries, as errors may lead to significant losses & subsequent fines.

Why you should prefer crypto gambling sites in Thailand

Since there are no local online gambling sites, local players have to resort to alternatives such as offshore crypto gambling sites in Thailand. You should definitely consider betting on those, especially due to the higher level of safety and anonymity they offer. Whether you prefer sports crypto betting or playing slots, you will find a wide range of fantastic crypto gambling sites in our CryptoGambling.TV list.

FAQs

Since April 1st, 2022, a new law has been introduced that prohibits the use of Bitcoin as a means of payment. You can still buy it and trade with it, but you still can’t buy services through it; however, it is rather impossible to control.

If you sell your crypto at any time with a profit, then it qualifies as a capital gain, with a relevant applying tax of 7%.

If you want to deposit with cryptocurrencies, we would recommend so-called privacy coins; for example Zcash or Monero. The difference is that these coins provide the highest anonymity.

Yes, there are crypto only and hybrid bookmakers; you can deposit with cryptocurrencies at both of them. The difference is that at crypto-only bookmakers, you can even place your bets in crypto. You can find more information on our Bitcoin casino reviews