In recent years, cryptocurrency sports betting has been gaining popularity among Filipino bettors.  Online bookmakers that provide cryptocurrency betting consistently emerge in the market, and for good reason. Many bettors find themselves overwhelmed by the multitude of options and struggle to discern a trustworthy bookmaker for cryptocurrency betting. They often worry about falling victim to fraud and seek clarity on the overall betting process. If you enjoy wagering on sports using cryptocurrency, this article aims to assist you in compiling a list of reputable cryptocurrency bookmakers. By following our guidance, you can ensure a seamless and secure betting experience.

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Best Crypto Sport Betting Sites in Philippines

  • 1xBet
  • 22Bet
  • 20Bet
  • Fairspin
  • Melbet
  • BC.Game
  • Betwinner
  • Betway
  • 888sport
  • Fairplay

What attracts players to crypto betting sites?

One of the primary benefits that stands out is enhanced security. By utilizing blockchain technology, online bookmakers ensure that funds are distributed through smart contracts. This decentralized approach eliminates any possibility of external interference. When a bet is initiated, a contract is formed with predetermined conditions. Depending on the outcome, the client either secures a win and receives their payout or experiences a loss. These predefined options leave no room for any alternative scenarios.

Speaking of other benefits of betting on cryptocurrency, we can highlight the following:

  • Cryptocurrencies have an amazing tendency to continually increase in value over time, resulting in significant financial gains for their owners. Therefore, every time you bet on cryptocurrencies, your bank account automatically and significantly increases.
  • Deposits and withdrawals are made anonymously, without the need to disclose personal information, which ensures maximum privacy. Transactions are designed in such a way that they are extremely difficult to trace.
  • All transactions are conducted instantly. There are no holds or delays whatsoever. As soon as an event occurs, the winners are promptly determined, and the winnings are immediately sent to their respective accounts.
  • Customers of online bookmakers on the blockchain are guaranteed to receive their money, this is embedded in the smart contracts, so problems with payouts are excluded.
  • Cryptocurrency platforms have the lowest commissions, so you will not be charged large sums when depositing or withdrawing.

Currently, approximately 5% of the sports betting industry is conducted using cryptocurrencies, with Bitcoin, Ethereum and Litecoin accounting for more than 80% of these transactions. The figure is not small, considering how big the market is. However, many industry experts expect these numbers to increase significantly in the near future.

What cryptocurrencies are accepted by online bookmakers in the Philippines?

The number of new Cryptocurrencies continues to grow every year, with Bitcoin, Ethereum and Litecoin leading the way. Nevertheless, numerous bookmakers also offer their customers alternatives. If you are going to use a lesser-known cryptocurrency for sports betting, you need to find out in advance whether the sports betting site you choose supports it.

Bitcoin

Bitcoin is undoubtedly the most popular cryptocurrency, consistently topping various rankings. As the longest-lived digital currency with a huge market capitalization, it has earned the nickname “digital gold” for its enduring value.

Given its widespread acceptance, it’s no surprise that the vast majority of bettors now prefer to bet on sports using bitcoin. This cryptocurrency is universally recognized and supported by global bookmakers, solidifying its position as the most reliable transaction method in the betting world.

Bitcoin’s unrivaled popularity and stability also make it the preferred choice for Filipino bettors. Thanks to its remarkable track record and wide distribution, bitcoin continues to dominate the cryptocurrency landscape as a major digital asset.

Bitcoin Cash

In the summer of 2017, Bitcoin Cash (BCH) cryptocurrency emerged as a result of a separation from the Bitcoin network. This process occurred due to a divergence of plans by a group of developers seeking to improve the network’s protocol. Without going into complicated terminology, we can say that the separation was caused by conflicting views of the participants in the process.

Despite the fact that Bitcoin Cash currently has a market capitalization of just over $20 billion, dozens of times less than bitcoin, some sports betting sites in the Philippines willingly accept BCH for financial transactions.

Dogecoin

Dogecoin is a cryptocurrency-based electronic wallet that offers a convenient and fast way to make online payments, including deposits and withdrawals on sports betting sites. Since its inception in 2013, this payment system has gained significant recognition among bettors. Thanks to its unique DOGE currency, Dogecoin allows users to create an account (e-wallet) where they can safely store their coins and use them for payments when needed. It is worth noting that the Dogecoin wallet is legally accepted in many countries around the world, including the Philippines.

Ethereum

Ethereum, a decentralized open-source blockchain payment method, offers a seamless and secure solution for fast, anonymous online payments. Users can use it to conveniently fund accounts at online bookmakers and participate in digital currency trading on exchanges.

Ethereum has been in operation since 2015 and stands out for its native currency, Ether (ETH), which allows users to create an electronic wallet. This wallet allows anonymous storage of personal funds and full control over them at any given time.

Litecoin

Litecoin, the second largest blockchain-based cryptocurrency after Bitcoin, offers an electronic wallet that is widely distributed on many online platforms, including sports betting sites.  Sending and receiving payments in Litecoin can be compared in speed to messenger message delivery. Another plus is the low withdrawal fee.

Since its inception in 2011, this payment system has steadily gained momentum. Like bitcoin, Litecoin operates its own currency (LTC), which can be conveniently purchased on various exchanges. However, it should be noted that some countries have imposed In countries such as the US, Canada, the UK AND the Philippines, this cryptocurrency is extremely popular among bettors and is often the preferred method of deposit and withdrawal.

Other Cryptocurrencies

Sports betting sites in the Philippines not only provide the aforementioned options, but also offer a wide range of other cryptocurrencies for betting. While some of them may not be that well known or familiar to the general public, having a diverse selection of digital currencies at online bookmakers serves to increase bettor loyalty. 

Here is a list of cryptocurrencies that are also accepted by Philippine online bookmakers:

  • Dash;
  • SHIBA INU;
  • NEM
  • DigiByte;
  • TRON;
  • Tether;
  • Ripple
  • Verge, 
  • Monero;
  • ZCash etc.

How to choose a reliable online bookmaker for crypto betting?

When looking for a reliable bookmaker that accepts cryptocurrency for online betting, you need to take into account many factors. It is important to remember that the way online bookmakers accept cryptocurrency does not differ from ordinary sports betting sites. Before you create an account or place a bet, you should compare them according to the following criteria:

  • Support for smart contracts;
  • A good selection of available cryptocurrencies;
  • High security level;
  • A wide betting market;
  • Availability of many sports for betting
  • Live betting & Live streaming;
  • Advantageous bonus program;
  • High odds;
  • User-friendly interface and soft navigation;
  • Professional support service.

Since many online bookmakers in the Philippines nowadays already accept cryptocurrency for betting, comparing sites against each other may take you a long time. We advise you not to focus on the generous bonuses if in all other parameters a particular online bookmaker is losing. It is necessary to consider the factors presented as a whole.

In general, it is better not to waste your time and register on sites from our list. Choose any online bookmaker from our Top 5, and be sure that you are guaranteed to get your winnings.

Top 5 best online bookmakers for cryptocurrency betting 

Here are the 5 best online bookmakers in the Philippines where you can bet on sports using Bitcoin and other cryptocurrencies. These are reliable sports betting sites, all of which offer players a rich selection of events, high betting limits, competitive odds and a responsive support team.

BC.Game

At the top of the list of reliably honest cryptocurrency betting sites in the Philippines is BC.Games. This online sports betting site and casino is tailored for individuals who prefer using cryptocurrencies to fund their online sports betting activities. BC.Games stands out by accepting a wide range of cryptocurrencies such as Bitcoin, Ethereum, Doge, Ripple, and Cardano. In fact, they currently support 20 currencies, and we anticipate this number to continue expanding steadily over time.

In terms of convenience and style, the BC.Games site is amazing. Under sports betting, users have access to an impressive assortment of over 35 markets. BC.Games’ exceptional service stands out, as the site adapts quickly and customizes the markets to your individual preferences. This personalized approach ensures that your experience is tailored to your specific needs, saving you time and increasing your enjoyment of the betting process.

1xbet

1xBet is an international betting and gambling site that will not leave any user indifferent. Whether you like to bet on sports or play the most popular online casino games, 1xBet offers it all. Among the many payment methods, users can choose from dozens of cryptocurrencies, including the “Big Three” Bitcoin, Litecoin and Ethereum.

With more than fifteen years of experience, online bookmaker 1xBet has gained the trust of players in many countries around the world, including the Philippines. The distinctive feature of the sportsbook is an exhaustive selection of sports and leagues, as well as high odds. The company welcomes new Filipino players with an impressive bonus of 100% up to PHP 5,600, which can be used in sports betting or on your favorite spins!

 Melbet

Since its founding in 2012, Melbet has established itself as a top-level online bookmaker. Initially the company specialized in players from Eastern Europe, but over time its services have become available in almost all countries in Europe and Asia, including the Philippines.

On Melbet’s website and app players can play online casino and sports betting with equal success. The choice of entertainment is huge and can satisfy the needs of every user.

In addition, Melbet provides its users with fast and secure money transactions, for which many payment systems, including cryptocurrencies, are available on the company’s website. The company never delays with the payout of winnings and guarantees its customers fast processing of withdrawal requests.

For security purposes, their website uses the SSL protocol, so rest assured that when accessing your account and making transactions, your personal information remains safe and protected from illegal access by third parties.

22Bet

22Bet is another giant in the online gambling business with roots in 

Eastern Europe. First of all the website is focused on sports betting, and in this case it clearly looks on the bright side. In terms of the number 

available sports and betting markets it is almost as good as 1xBet. In addition to credit cards and e-wallets, Filipino bettors will find more than 40 available cryptocurrencies in the deposits section.

At 22bet players will discover a huge number of online casino games created by leading software developers. In addition to the usual slots and table games, they will find a stunning live casino with professional dealers who invite you to compete in baccarat, roulette, blackjack and many other games. The sports betting section is also exceptional and offers full coverage of all popular sports without leaving a single gap.

Fairspin

Fairspin differs from other betting platforms in that it prioritizes honesty and transparency in its operations. Each game is thoroughly independently verified to ensure its authenticity, giving users a sense of confidence when placing bets. The site has a well-designed bonus program, and deposits can be made in a variety of cryptocurrencies. The minimum deposit is PHP 500, which makes this online bookmaker’s site accessible to most bettors.

Fairspin offers bettors several dozen sporting disciplines to bet on, with soccer, basketball, volleyball and tennis among the best represented. Bets are available both in pre-match and in live mode. Compared to its competitors, this online bookmaker offers favorable odds and a wide selection of betting markets, providing users with a good choice and advantageous terms.

Its website, designed with the latest technology in mind, provides easy navigation and ease of betting. The most important events are displayed in the center of the screen, so that even a beginner will quickly get the hang of it and find what he needs.

What is the future of cryptocurrency betting?

Professional players are increasingly switching to cryptocurrency betting because of its increased security. With this method, you won’t encounter situations where the withdrawal limit is reduced after winning or where your account is arbitrarily blocked by the bookmaker. When you win, your earnings are quickly transferred via an automated smart contract directly into your Crypto Wallet, rather than being stored in an internal account. This fast and secure process offers users the best option for sports betting.

Although some experts still doubt the future of cryptocurrencies, none of them make disparaging remarks about blockchain. The potential of this technology is truly enormous. So why choose bookmakers that accept cryptocurrencies? What are their main advantages? Here are some reasons that explain this choice:

  • Today, cryptocurrencies are a reliable asset that is constantly growing in value; Therefore, even without betting, you will slowly increase your financial status.
  • Bettor receives complete anonymity, no need to be verified, to provide passport data and phone number;
  • Bets are placed through smart contracts, they already include performance, win or lose, cheating is excluded here;
  • All platforms are decentralized, generally smart contracts are conducted on Ethereum. Even if the online bookmaker’s website closes and the support team will not answer you, all bets will be placed and winnings will be paid out;
  • Money transactions are made instantly and with minimal commissions. Replenishment of funds and withdrawal of winnings occur within several minutes. The fees depend on the cryptocurrency chosen by the bettor;
  • The personal data of clients of online bookmakers accepting cryptocurrency always remains safe. The latest cryptographic technology reliably protects their funds;
  • Cryptocurrency is completely legal in the Philippines, and it is not taxed.

Conclusion

In recent years, the use of cryptocurrency for sports betting has been gaining notable momentum. Digital assets are gradually gaining popularity, although they have not yet replaced fiat (paper) money in the market. The growing popularity of cryptocurrencies can be attributed to various factors, including the consistent growth of leading players in this market, namely Bitcoin and Ethereum. In addition, cryptocurrency transactions provide complete privacy and entail minimal fees for bettors.

Online bookmakers with cryptocurrency support open new opportunities and increase the level of security for users. It is likely that in the near future, players will bet only through smart contracts, just as they do in many other areas.

On the BettingPhillippines website you can explore the full ranking of the best online bookmakers that accept cryptocurrency betting. Keep in mind that the information provided is regularly updated, which guarantees you access to the most up-to-date data.

FAQ

Is it safe to bet on sports in cryptocurrency?

Betting in crypto, you can be sure – the online bookmaker will not exchange you for money. Clients of sports betting sites on the blockchain are guaranteed to receive payouts of winnings – this is embedded in smart contracts. Therefore, betting in cryptocurrency is sometimes safer than in regular money.

Do online bookmakers charge a commission when depositing and withdrawing funds in cryptocurrency?

Much depends on the specific online bookmaker that accepts cryptocurrency. Almost all sports betting sites allow you to make deposits in this way without any additional interest. However, in any case, you will have to pay a fee for transferring money into cryptocurrency, or vice versa.

Is it easy to make a deposit using cryptocurrency?

Depositing bitcoins and other cryptocurrency is not particularly different from the standard way of making a deposit. After creating an account, you need to go to your account, go to the deposit section, choose the cryptocurrency you have in your crypto wallet and specify the amount. The online bookmaker will bill you for the payment. Copy it, go to your crypto wallet and make a transfer to the specified number.

Are there any limits on deposits and withdrawals when using cryptocurrency?

Each online bookmaker sets its own limits on deposits and withdrawals in cryptocurrency. As a rule, the amounts of these restrictions are specified in the banking section of the online bookmaker’s website.

What other cryptocurrencies other than bitcoin do online bookmakers accept?

Of course, the three most common cryptocurrencies for betting in the Philippines are Bitcoin, Ethereum and Litecoin. But in addition to these, online bookmakers accept dozens of other cryptocurrencies, including: Dash, SHIBA INU, Ripple, Verge, Monero, ZCash and many others.