Best Crypto Sports Betting Australia Sites

Review of the Top Crypto Sports Betting Australia Sites

You’ll greatly improve your experience by reading our short reviews of the 8 crypto sports betting Australia sites on this page before getting started.

Our Glorious Review Process Condensed

The CryptoBetting team reviews the companies on this list using a rigorous methodology. We go through many protocols to give you the best insight into each company we review.

We aim to help you enjoy a better gaming experience by investigating aspects like security measures. Ours is a long process, so I will simplify it below.

Registration

Like our readers, our reviewer registers for an account on the betting website. This helps assess how simple it is to register and if there are any special features.

We ensure you know if there is something amiss with the registration process.

Depositing

Next, a member of the CryptoBetting team makes some crypto deposits. They consider the ease of the process and the speed of transactions.

Additionally, they discuss incentives and bonuses. These may include the site’s VIP program and promos. Our reviewer also outlines the wagering requirements attached to the welcome bonuses.

Playing

At this point, it is time to analyze the selection of games and sports bet options. We look at the variety of sports on offer at the crypto sports betting Australia site.

It’s also important to check out the volume of events and whether the odds are fair compared to competitors. Additionally, we evaluate the platform’s usability for your convenience. Things we consider include navigation, user interface, and responsiveness.

This process takes hours as we look at so many aspects. Also, we use real money and make dozens of wagers on sports events.

Chatting (with customer service)

Contacting the customer care staff through live chat or email is crucial. We rate their promptness, effectiveness, and helpfulness.

We also feel it’s important to see the different customer service options. For instance, is the live chat available 24 hours a day? Does the site reply to emails or have a phone number?

Withdrawing

Sometimes, we have some luck and win money. On other occasions, we lose. Either way, we ensure there’s enough left in our account to take out.

We look into the withdrawal procedure to assess its effectiveness and limitations. Our review mentions if the site asks for any further verification documents.

Other factors we analyze include transaction fees and speed, and withdrawal limits. We’ll let you know if payments are painfully slow or lightning-quick.

Liaising

Although we now have plenty of knowledge about the site, our detailed approach means we’re not done. The next stage involves seeking comments from other players who have tried the Bitcoin sports betting site in Australia.

This entails reviewing user opinions and remarks from various sources. For instance, we get involved in online forums and social media sites.

We consider user feedback on the website’s dependability, fairness, and general usability.

Researching

Finally, our reviewers comb through the data discovered during a detailed online search. The evaluation covers the platform’s pros, cons, and standout traits.

Our unbiased analysis allows you to draw reasonable conclusions about a site. You can draw valid conclusions thanks to our impartiality.

All About Betting

Finding a site with attractive bonuses and promos is crucial, without a doubt. However, you can lose interest quickly if there aren’t enough betting alternatives.

Knowing the range of sports and marketplaces available can help ensure you have adequate options. I’ve provided some details for you below.

What sports do crypto sports betting Australia sites offer?

Find websites that provide a large selection of sports when you wish to wager with cryptocurrencies. The following well-known sports are available on crypto sports betting sites.

Basketball

There are ample markets available on Bitcoin betting sites for leagues like the NBA in the United States. You can also wager on European leagues and other local and international basketball competitions.

American football

American football is covered by crypto betting sites, with an emphasis on the NFL in the United States. The Super Bowl, playoffs, and regular season games are popular sporting events.

Horse racing

Most platforms provide a large variety of horse racing competitions from around the globe. Major horse racing competitions, including the Kentucky Derby, Royal Ascot, Melbourne Cup, and others, have markets available.

The most common types of wagers are win, place, show, exacta, and trifecta.

eSports

Bitcoin eSports betting is becoming more prominent, and many sites have fun wagering choices. Dota 2, League of Legends, Counter-Strike: Global Offensive (CS:GO), and Overwatch are among the most played games.

Soccer

The FIFA World Cup, Copa Libertadores, and Spain’s La Liga are just a few of the main football leagues and events covered by Bitcoin betting services.

Baseball

Baseball is a much-loved sport for wagering, particularly in nations like the US and Japan. Digital currency betting sites cover MLB events and other foreign baseball leagues.

Tennis

Popular major competitions include the Grand Slam (Wimbledon, Australian Open, French Open, and US Open). You can bet on men’s and women’s competitions.

Formula 1

Betting is a common pastime for fans of Formula 1, the premier motor racing variant.

You may wager on the winner of certain races, the results of championships, podium placements, and other prop bets. Wagering on Formula 1 races makes the watching experience more exciting and engaging.

Virtual sports

Sports simulations created by computer algorithms are referred to as virtual sports. These activities simulate actual sports and let bettors guess the results.

Virtual sports markets are available on several crypto sports betting Australia platforms. Options include horse racing, football, and basketball. Virtual sports provide an action-packed, never-ending betting experience.

Of course, these are just a few of the possibilities. In addition to these sports, you may wager on greyhound racing, WWE, snooker, pool, table tennis, and darts.

What are the available betting markets?

The best sports betting sites with Bitcoin in Australia provide a broad choice of markets to accommodate various tastes and betting tactics. Here are a few popular betting markets.

Match winner

This is a simple market where you place a wager on the team or person you believe will prevail in the match or event.

Spread betting

To level the playing field, handicap betting gives a team or individual a fictitious advantage or disadvantage. You may place a wager on the margin of win or defeat in addition to the game’s result.

Totals

This market is also known as the over/under. You can bet on whether the final outcome of an event will have more or fewer scores than the bookmaker projects.

A lot depends on the event when it comes to this market. For instance, on crypto cricket betting sites, the over/under relates to runs. In soccer, it is about goals, and in basketball, it is about points.

Final score

You bet on the precise outcome of a game or event when you place a correct score wager. Although it is difficult to anticipate, the potential rewards are greater.

First scorer

With this bet, you stake money on the person who will score the game’s first goal or be the first to accomplish a certain task. For instance, you may wager on a player to score the first goal in a soccer game.

Futures/Outrights

With futures or outright wagers, you decide who will win a match, league, or tournament in advance. Betting on the result of the Stanley Cup in ice hockey or the NFL Super Bowl are two examples.

Prop bets/Specials

These are distinctive and special betting options. They may include betting on the results in a quarter, team/play totals, the number of yellow cards, or other specific occurrences during a game.

In play

Live betting markets, also known as in-play betting, are often offered by crypto sports betting sites. They enable you to make wagers on events as they are taking place.

With this fast-moving market, you can profit from odds that shift rapidly. Hopefully, you get it right and win big.

Accumulators

Accumulators aggregate many several bets into one stake. They are also known as combination bets or parlays.

You lose the full amount if any portion of the bet fails. Accumulators offer greater risk but have the potential for higher profits too.

Depending on the particular website and the sports or events, the extent and depth of the markets may change. Before making your bets, it’s a good idea to investigate several crypto sportsbooks in Australia to discover what markets they provide.

BTC betting Australia: Don’t start until you understand the odds

Betting odds let you determine your potential rewards by indicating how probable it is that an event will occur. Odds display your potential winnings in relation to your bet.

The three most used forms are decimal, fractional, and American betting odds. Let’s briefly look at them below.

Fractional odds

In the UK, fractional odds are often used. They appear as fractions or ratios. The number on the right (denominator) represents the amount you bet. Meanwhile, the number on the left (the numerator) states your possible reward.

For instance, if you bet $150 at odds of 4/1, you could potentially make a profit of $600 ($150 x 4) in addition to your initial $150 bet.

Decimal odds

In many regions of the globe, including Europe and Australia, decimal odds are the most often used format. They stand for your complete payout, which includes your initial wager.

It is simple to determine the possible reward. Multiply your bet by the decimal odds.

Let’s say you place a $50 bet with decimal odds of 3.80. Your potential reward is $190 ($50 x 3.80), which includes your original bet. The total profit is $140.

American odds

American odds, commonly called Moneyline odds, are most frequently utilized in the US. Either positive or negative numbers are shown.

Negative odds show the minimum wager required to win $100. Positive odds indicate the possible return on a $100 stake.

For example, if you bet $100 on a pick with odds of +400, you could earn $400 in addition to your original $100 investment. If the odds of your selection are -250 (negative), you need to risk $250 to make a profit of $100.

The odds on Bitcoin betting sites might change depending on the sport and event. Higher odds mean a larger potential payout, but the likelihood of the event happening may be lower.

It’s critical to realize that probabilities do not imply certain outcomes. They merely represent the bookmaker’s estimation of the event’s likelihood.

However, odds can change based on the amount of money wagered. Crypto sports betting sites in Australia need to manage their risks. So, they could adjust the odds if a significant amount of money is bet on an event.

Responsible betting tips to keep you grounded

I wish to conclude this section by outlining a few safety tips for gambling online. Please review them before registering with any crypto sportsbook. Gamblers who fail to follow this advice could lose thousands of dollars, if not more.

• Don’t chase losses; accept the hit and move on

• Avoid using betting staking strategies like Martingale; they don’t work

• Beware tipsters who claim to win huge sums of money regularly

• Reduce the number of sports you bet on, and focus on a handful of markets

• Register with several crypto sports betting sites in Australia and shop for the best odds

• Never place wagers when you’re intoxicated

• Keep a record of your wagers, the amount bet, and your overall profit and loss

• Don’t use an open Wi-Fi network when using your account

• Create a bankroll and divide it into units

• Consider getting help if you believe you’re spending lots of time and money betting

A Quick Look at Bitcoin

The first cryptocurrency, Bitcoin, was developed in 2009. No one knows the true identity of this individual or group, who go by the name Satoshi Nakamoto.

Bitcoin established a brand-new platform for online currency exchange that does not depend on any bank or mediator.

The blockchain, which underpins Bitcoin, is a digital ledger that keeps track of every transaction its users make. It works by storing and verifying transactions on a network of computers known as nodes.

Since the blockchain is decentralized, no one organization is in charge of the money. This eliminates the chance of double spending, the practice of using the same digital currency more than once.

The success of Bitcoin as the first cryptocurrency inspired the development of several more digital coins, often known as altcoins. Dogecoin, Litecoin and Binance Coin are some popular cryptocurrencies.

Each crypto has distinct traits and objectives of its own. For instance, fans of sports betting websites prefer the stablecoin Tether since it fluctuates less in price than other cryptocurrencies.

People utilize digital currency for various reasons. Punters like it most because they see the benefits of using it to bet online.

Why Using Crypto Sports Betting Australia Sites Is a Bad Idea

Although there are numerous benefits, adopting a balanced perspective is crucial. As such, I have included the following drawbacks of using BTC gambling sites in Australia.

Volatility

Prices for cryptocurrencies can fluctuate drastically and are sometimes unexpected. The value of your account balance may suffer if the value of the cryptocurrency you have selected drops.

Inadequate regulation

Few nations have implemented comprehensive laws since the Bitcoin market is still in its infancy. This implies that you may have limited legal protection or alternatives for action if you are involved in a dispute or become a victim of fraud.

Transactions are final

Getting your money back is difficult or even impossible if you transfer crypto to the incorrect address or fall for a scam. To reduce danger, it’s essential to double-check transaction information and use trusted platforms.

Tech problems

Because cryptocurrency transactions depend on technology, tech issues are possible. These can include poor transaction confirmation times or network congestion, which might anger you and ruin your betting experience.

Challenges in customer service

Compared to conventional online betting sites, customer care for cryptocurrency-related concerns may be limited.

Few high-quality sites are available since the cryptocurrency betting sector is still in its early stages. You may identify good services, nevertheless, by using our reviews.

The Legality of Bitcoin Sports Betting Australia Sites

Learning more about whether online gambling and crypto are legal in your location is important. Unfortunately, many countries have banned Internet betting, while others prohibit crypto.

For instance, you can’t legally bet with BTC in Thailand, Pakistan, and Malaysia. On the flip side, you can bet with crypto in the Philippines, Germany, Canada,

Meanwhile, nations such as Argentina, Brazil and India allow it to a degree but with restrictions.

In Australia, you can access crypto sports betting sites. However, things might get a little more challenging regarding an online Bitcoin casino.

Let’s examine the rules and legislation in Australia that apply to cryptocurrencies and online gaming.

What does Australian law say about cryptocurrency?

Bitcoin and other digital currencies are legal to exchange and use for commerce. It is legal for Australian citizens to receive and keep cryptos, which are regarded as property.

Although retailers are not required to accept digital assets as payment, it is accepted for commercial and private transactions.

Exchanges for cryptocurrencies and digital money received full legal recognition in 2017. Since then, the Australian government has mainly stayed out of the business.

To stop money laundering and funding of terrorism, the legislation underwent substantial amendments in 2018.

What rules apply to online gambling?

The laws governing online gambling in Australia are not simple. The Interactive Gambling Act of 2001 (IGA) declares that it is unlawful for an online casino to operate in Australia.

However, as long as the casino is situated abroad, the IGA does not prohibit Australians from placing online bets.

However, Australian crypto sports betting sites are authorized. An operator may provide their services to gamers if they have a license. It’s crucial to remember that the IGA forbids online “in-play” bets.

Credit cards are no longer accepted for online wagering due to the most recent IGA amendment.

Australian legislation governing Internet gambling is complicated. Australian citizens may access foreign-based casinos, such as Crash gambling sites. They can also place bets on sports betting markets through any site if they do so before the event starts.

It’s important to stay informed about the laws and regulations to ensure you participate in online gambling activities within the legal boundaries.

Crypto Sports Betting Australia Sites – The Final Word

Hopefully, this plain English article helps you find the best digital currency sports betting site for your needs.

Not only is there an acceptance of crypto, but it is also among the main preferences of sports bettors. They know that Bitcoin sports betting sites offer many advantages over fiat rivals.

These pros include anonymous play, a wide range of betting markets, and better value odds. Ultimately, there is no good reason to persist with fiat betting when a superior alternative is at your fingertips.