Esports betting has become increasingly popular in Australia over recent years. But how do you go about placing bets on your favourite Esports events, while staying anonymous? One of the easiest ways to do this is by using crypto. Luckily for you, there are a growing number of crypto Esports betting sites out there. So, let’s take a quick look into what’s on offer and how to get started.
Top Crypto Esports Betting Sites List (February 2023)
After careful research, we have come up with the top crypto and Bitcoin betting sites where you can place a range of bets on Esports. Take a look at our top list below.
A quick look at Esports betting
Esports events are competitions where teams play specific video games such as DOTA 2, LOL, or CS:GO. In recent years, there has been growing popularity surrounding Esports, which has meant that there are more and more betting options for fans.
Some popular options include match win, which is a good starting point, as it simply means choosing which team, over the other, will win. There are also ‘first to’ and ‘next to’ bets you can place on certain fixtures, depending on the game. Alternatively, you can make future bets on which team will win a tournament outright.
Bitcoin betting vs traditional betting
Using Bitcoin, Ethereum, Dogecoin, and so on is a relatively new concept when it comes to placing Esports bets. So, why is it a good option when compared to traditional betting, where you only use fiat currency?
Firstly, with crypto betting, there is a greater amount of financial privacy in place. This is because you do not need to add any banking details to your sportsbook account when you place a bet. Also, there is no transaction recorded on your bank statement.
Another plus point of crypto betting over traditional betting is transaction fees. Traditional betting sites use fiat and need to have Know Your Customer (KYC) protocols in place. You may also have to contend with fees from the sportsbook, or the payment provider if you are using a credit card. Not so with crypto.
Additionally, crypto sites tend to offer bigger bonuses than traditional betting sites too. There are fewer transaction costs with crypto, enabling these sites to offer more to their players.
But, there are some downsides. With a traditional Esports betting site, you can get chargebacks. However, if you’re using crypto, this is not possible. It is also important to remember that crypto can be volatile. So even if you win, if the price drops, so does your crypto payout.
Factors to consider when picking a crypto Esports site
We make sure that all our top crypto Esports casinos adhere to very strict criteria such as holding a license, offering bonuses, and fast payout speeds. They also give you access to a range of different cryptocurrencies. But here are some other important aspects to consider:
- Country restrictions: Not all countries will allow you to gamble online, and many do not allow crypto to be used even if they do. You may find you need to go through KYC verification for some countries, and if you are on the restricted list, then you will be unable to play.
- Reputation: We always look at the reputation of Esports crypto casinos, but you should look at it too. It is a great idea to check out what other players have said, as this will give you a good indication of how they are going to treat you.
- Esports markets offered: Most crypto Esports betting sites have a small range of top Esports games. If you want some of the more unusual Esports, you must carefully check what’s on offer at your chosen betting site before signing up.
How to bet on Esports with crypto
If you’re new to this, you may not be entirely sure how to get started. Just follow these steps, and you will be up and running in no time:
- Transfer crypto funds from your wallet to your casino account.
- Place an Esports bet.
- Wait to see if you win.
- Withdraw your winnings back to your crypto wallet.
Using crypto for Esports betting is a great option for those wanting anonymity and speedy returns. While crypto is volatile, and your wins can depreciate, they can also increase, making the whole experience doubly thrilling. Find your crypto Esport casino today.
Which Esports can I bet on?
Depending on the site, you can bet on a wide range of different Esports. Some of the most popular options include DOTA 2, CS:GO, and League of Legends.
Is it safe to use crypto on Esports betting sites?
If you make sure you are playing on a licensed and regulated site, then yes it is safe. You do get extra anonymity though for betting with crypto.