Ultimate Bitcoin Sports Betting Guide

There is an interest growing in Bitcoin online betting due to its fully digital structure. Compared to other currencies, bitcoin offers additional security and flexibility, appealing to both players and casinos. Thanks to these benefits, bitcoin gambling and bitcoin online casinos have grown in popularity recently. For cryptocurrency novices, the following guide explains everything you need to know about safe online betting with bitcoin and recommends the best bitcoin casinos for online gaming.

Bitcoin Betting in India

When Indian players are considering betting on their favorite sports, they usually keep in mind the traditional payment methods. They tend to rely heavily on their credit card or e-wallet to make deposits and withdrawals at sports bookmakers in India. We are here to tell you that there is a smarter and better payment offer and this is done through the friendly Bitcoin betting sites in India.

Bitcoin is by far the most popular cryptocurrency in the world and allows bettors to bet on their favorite sports with complete ease, security, and anonymity. The payment method is becoming more and more popular among both Indian players and operators, so many Bitcoin betting sites have been born in the last few years.

This article provides detailed information on Bitcoin betting in India while focusing on Bitcoin sports betting sites. If you are a sports fan and want to start your Bitcoin sports betting journey, in this article, you will learn how to do this and provide detailed guidance on all the nuances of Bitcoin betting in India.

What is Bitcoin Betting?

A cryptocurrency is a virtual or digital currency that is created and protected using cryptography (hence the name cryptocurrency). This means you can’t spend your currency more than once and can’t counterfeit it with modern technology. Bitcoin was the first currency to be made this way. It has experienced a fair share of trials and is still the best digital currency currently available.

Bitcoin and all other cryptocurrencies are based on a blockchain (a network not operated by a country or organization). This means that it is fully decentralized and does not fall under the jurisdiction. In addition, the currency does not belong to any country, so it cannot be manipulated or taxed.

This is why many betting sites now offer Bitcoin sports betting. Indian players who have always wanted to try out Bitcoin gambling can now bet on sporting events around the world by depositing in BTC and withdrawing their winnings in BTC. There are a number of India-friendly cryptographic betting sites that allow you to use different cryptocurrencies such as Bitcoin, Litecoin, Dogecoin, Ethereum, and Bitcoin Cash to place sports bets.

Here are some pros and cons of betting on bitcoin:


  • Bitcoin betting preserves complete anonymity for both the player and the betting side. You do not have to provide your payment details to bitcoin sports betting sites.
  • Because bitcoin is decentralized, it is not bound by any law or jurisdiction. So whatever you are looking for in Bitcoin must be fully yours to comply with undercurrent Indian tax laws.
  • Unlike other payment methods that take a long time to deliver money, bitcoin processes payments immediately.


Bitcoin as a digital currency is quite unpredictable. The price of bitcoin fluctuates significantly relative to the INR and can sometimes cause significant losses if the value of bitcoin declines.

Best Bitcoin Betting Sites in India

If you’re looking for the best Bitcoin gambling sites, check out our list of featured Bitcoin sports betting sites. Our team has spent a lot of time checking and listing the best Bitcoin sports betting sites for our Indian audience. We apply a strict system of criteria to ensure that only the best Bitcoin sports betting sites are on the recommended list.

The Bitcoin betting sites on our website are licensed and regulated by top gambling regulators such as the UK Gambling Commission (UKGC) and the Malta Gaming Authority (MGA). Our featured Bitcoin sports bettors offer Indian players attractive bonuses, ongoing promotions and cashback offers, a wide range of sports betting coverage, domestic and international cricket betting promotions, good VIP programs for loyal customers, Bitcoin friends and live chat support.

If you decide that you want to do your own research and find a suitable Bitcoin betting site, keep the above criteria in mind as it will help you have a safe Bitcoin betting experience. However, if you don’t want to spend a lot of time researching a shortlist on a betting site, just pick anyone from our recommended list and you won’t go wrong. Our recommended list of best bitcoin betting sites:

  1. Rabona
  2. Parimatch
  3. 10Cric
  4. Dafabet

Can you legally bet with Bitcoin in India?

Because bitcoin is not the responsibility of any government or institution, many Indian players are reluctant to create accounts on sites that accept Indian bitcoin. This is because the Reserve Bank of India (RBI) does not support bitcoin betting and protests against its use. This has led to many Indian players not using bitcoin for sports betting. India has also banned gambling in most parts of the country, so bettors are generally afraid to register on sites that accept bitcoin in India.

However, you can be sure that it is completely legal and safe to bet using bitcoin. The RBI will not condemn bitcoin betting as long as you play at regulated online sports betting outside of India. Offshore and licensed betting providers have legal betting as they provide a legal way to bet using bitcoin.

There are some domestic sports bookmakers that offer cryptocurrency-based betting options, but it’s better to stay away from them because they would classify them as domestic and illegal bookmakers. There are also unauthorized betting sites. Indian bettors are advised to avoid any online betting site that runs without permission. These sites look good as long as you win less and lose more. However, if you win a large amount of money or start earning more than you lose, these sites may take the next opportunity to block your account or decline payments.