Best Bitcoin UK Betting Sites 2024

In this digital age, online gambling platforms have been forced to adapt their services to accommodate crypto payment methods. Consequently, bitcoins have rapidly become UK betting sites payment method of choice, as more cryptocurrency players emerge. In this guide, I will be profiling the best Bitcoin UK betting sites in 2024 that are listed on comparison sites.

⭐ What is Bitcoin?

People most often get confused between bitcoin and cryptocurrency, and sometimes the term is used interchangeably, but Bitcoin is just a type of cryptocurrency. Bitcoin is a decentralized digital currency. This means that the central bank is not associated with it. It was created in 2009 by an anonymous individual or group of people under the pseudonym Satoshi Nakamoto. You can consider Bitcoin to be a functional payment method that uses blockchain technology.

Bitcoins are still not very common in some parts of the UK, but the use of the crypto is rapidly increasing because many players tend to prefer it to conventional banking options like e-wallets or bank cards. Bitcoins by themselves are neither traditional e-wallets nor cards but digital currency that you can convert to your preferred currency. In the United Kingdom, more online gambling platforms have embraced Bitcoins for deposits and withdrawals. Users can transfer funds using their Bitcoin wallets with little effort.

🏆 How to use Bitcoin in UK Betting Sites

Bitcoins are an efficient means of carrying out financial transactions, some essential information is required to know how to go about using this crypto payment method on UK online betting platforms. The first thing to do is to choose your wallet. You can get free Bitcoin wallets on almost all major operating systems like Android, iOS, and desktops. This process usually takes only a few minutes.

The next thing to do is purchase bitcoins, you can do this by accepting it as a payment method for services through your wallet or getting to users who already have the coins. Most UK Bitcoin betting sites provide exchange rates that you can take advantage of to make payments on the platform. Depending on the bitcoin value, you can also trade off or purchase more of the cryptocurrency.

📝 How to create a Bitcoin Account at Betting Sites

Whether you wish to create your account on Bitcoin sports betting platforms or online casinos, the procedure is about the same. You will first need to purchase Bitcoin through a crypto exchange such as Coinbase. Most platforms will require you to fill in your details in the registration process such as your name, home address, and email. After providing the information you must select Bitcoin as your payment method. The betting site will provide a unique Bitcoin address which you are going to use to transfer Bitcoin from your digital wallet. The processing time for the transaction usually varies across different gambling sites but typically takes a few minutes.

📲 Download the Bitcoin app

Bitcoin is an independent digital money that can not be attributed to one individual or company, as such there is no such thing as a Bitcoin application. However, different Bitcoin wallets can be downloaded on iOS and Android devices. The Bitcoin wallet app may be the closest thing to the most original wallet application for transacting with cryptocurrency.

💳 How to Make a Bookies Deposit using Bitcoin

To help you make deposits using Bitcoin, I have provided the following steps:

1. After signing up on the site you wish to use bitcoins at, log in to your betting account and navigate to the Cashier or Deposit section. Some sites have it as a banking page.
2. Select Bitcoin as your preferred deposit method.
3. Fill in the amount you want to deposit. Check if the site offers a promo code to be applied at this stage.
4. The site will generate a unique wallet address or a QR code. Either scan the code or copy the wallet address directly.
5. Open your Bitcoin wallet or exchange app, and use the ‘Send’ feature. Paste the copied address or use the QR code.
6. It is wise to double-check the transaction details like amount and fees before finalizing the transfer.
7. Confirm the transaction. It will be sent for blockchain confirmation, which usually takes a few minutes. Once confirmed, the funds will appear in your betting account balance, typically within 15 minutes.

💵 How to Withdraw Betting Sites Winnings using Bitcoin

Follow the steps below to make withdrawals at UK betting sites with bitcoin:

1. Login to the site you wish to withdraw your potential winnings from and verify your account by submitting details like ID, proof of address, and email.
2. Head to the banking page or payment methods section where you will find various payment options. Choose bitcoin as your preferred withdrawal option.
3. Enter in your withdrawal details including the amount you want to withdraw. It is advisable to be cautious because there are no reversals when withdrawals and deposits are validated by you.
4. Confirm the withdrawal and wait for the processing to complete. The withdrawal time depends on the site, but it usually takes from a couple of minutes to a few hours to receive your funds into your bitcoin wallet.
5. Review terms and conditions for withdrawals before removing the funds to avoid any unexpected issues.

👩‍🔧 Customer Support for Bitcoin UK

All the UK betting sites I recommend that offer Bitcoin payment methods have solid customer support systems to assist players. The most common customer support services are live chat features, FAQ sections, and email platforms. A few sites provide a direct line by which you can obtain assistance. With the live chat feature, you will get assistance on how to get started with bitcoin payments, buying and selling as well as other services using your digital wallet.

🎁 Can You Get a Betting Bonus When Depositing with Bitcoin?

I have reviewed some of the top brands in the gambling industry that provide attractive welcome bonuses and promotions. These offers can come in the form of free bets, cashback promotions or reload bonuses. It is important to check the terms and conditions associated with each sportsbook offer before claiming it. You can find about the betting bonuses from three of my favourite sportsbooks below:

❓ Why Use Bitcoin When Betting in UK?

Bitcoin payment methods have become a fated choice for top UK Betting Sites as a lot of gamblers are tilting their transactional preferences on cryptocurrency. Three main reasons why you should use bitcoin are listed below:

• ✅ Security
• ✅ Inflation protection
• ✅ Low transaction fees

🏆 Which Are The Best Betting Sites That Accept Bitcoin Online

Velobet Sports

Velobet is a premiere betting online platform that offers a broad catalogue of 40+ sports events including bonuses and promotions. The first thing that caught my attention on Velobet was the home page, black and green themed interface. It made it easy for me to spot the different pages. The site has been around for over a year, but its services scream dominance. The platform offers a decent amount of crypto payment methods so you may transact using bitcoins. Check out my Velobet review to know more about the bookie.

Cosmobet Sports

Cosmobet is a top online sports betting platform that offers virtual sports, mini-games, and a compendium of sports betting markets. The platform offers an attractive sports welcome bonus and additional promotions, which all have terms and conditions attached to the offers. The home page of Cosmobet features animated buttons and menus that can attract any type of player. The site offers a catalogue of cryptocurrency payment methods. I was pleased with the customer service which includes an efficient live feature, FAQ section, and email platform. Cosmobet has a responsible gambling page that offers tailored tips for gamblers with gaming addiction. You can find out more about the sportsbook's unique features by reading my Cosmobet review.

🆓 Is Bitcoin Free to Use?

Bitcoin can be used to carry out transactions on gambling platforms, but there could be modest fee requirements to match up. Some free online UK betting sites do not impose any of such upfront payments. The costs associated with bitcoins usually have to do with withdrawals. The amount that may be extracted each time a player decides to remove funds from their account depends on the terms and conditions of that site.

🔐 Is Bitcoin Safe and Secure?

The online gambling platforms I recommend to UK players offer safe and secure payments, for cryptocurrency like bitcoins. Bitcoin gambling sites rely on blockchain technology to provide secure, transparent, and open-source payment options to gamblers. By themselves, bitcoins are susceptible to hackers and rely on strong passwords. However, online sportsbooks that provide cryptocurrency payment methods use extra security such as SSL technology to protect player accounts. This means that if you are using Bitcoin as your preferred banking option, you have nothing to worry about.

🔎 Alternatives to Bitcoin

There are several other banking options that you can use to make payments on UK betting platforms. Bookmakers understand the importance of variety as not all players use bitcoins. You can decide to use e-wallets, bank cards, vouchers, and other forms of payment. I have included a list of payment options you can use other than bitcoins below:

• Bank Cards: The most common bank cards that UK betting sites provide as payment options are Skrill, Visa and Mastercard. Both payment methods are safe and secure and are widely accepted on betting platforms. I took time to review the Visa and Skrill options because both are my favourite banking methods. You can also check out my Mastercard review to know more.
• E-wallets: These are getting more common among UK betting platforms as payment methods. Electronic wallets allow you to receive, store and process funds from the comfort of your device with minimal efforts. Some common e-wallets I have reviewed which you can check out are Zimpler, Ecopayz, and MuchBetter.
• Vouchers: Vouchers on online betting platforms provide UK players with redeemable options like tickets on specific offers. Through vouchers, new and regular players can load up their accounts using purchased coupons. Some vouchers I have reviewed on UK gambling sites you can check out are; Paysafecard and UK cash.

🧑‍⚖️ Bitcoin UK Betting Sites Conclusion

Bitcoin payment methods are becoming more common on online gambling platforms in the UK. Since its inception in 2008, cryptocurrency has come a long way to leave a solid impression among UK gamblers. I liked the fact that the payment method is decentralized meaning it is not owned by a single person or group of persons. However, there are other payment methods that you can use to make payments if you are not comfortable using bitcoins. To be fair, there are pros and cons in using the payment method.

✅ Advantages and Disadvantages of Bitcoin Betting Sites

The main positive aspects of using bitcoins are their quick transaction times and minimum deposit requirements. I have reviewed a couple of £5 deposit betting sites that you can check out. Some platforms could demand up to £10 as a minimum deposit, but I know so many other payment methods with a higher minimum deposit value. Check out the table below with summarized pros and cons of using bitcoins.

❓Frequently Asked Questions about Bitcoin Betting Sites