Bitcoin Cash betting sites have emerged as serious contenders in the crypto betting world, offering a range of benefits to sports bettors. Their appeal lies in faster transactions and lower fees thanks to Bitcoin Cash's larger block size. They have also earned a solid reputation...
Bitcoin Cash Betting: Best Sites, How-To, and Tips for 2024
Published on:
April 17, 2024
Last updated:
January 08, 2025
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What is Bitcoin Cash (BCH)
Bitcoin Cash is a peer-to-peer cryptocurrency created in 2017 to bring back decentralization in cryptocurrency. It was designed to be a global payment system with a larger block size, faster transactions, lower fees, and more secure transactions. In other words, Bitcoin Cash was created as an alternative to Bitcoin, which was experiencing scalability issues due to the increased number of transactions.
The original Bitcoin offered faster transactions and lower fees during its first few years. However, its demand had skyrocketed by 2016, leading to an increased number of transactions. This resulted in slower transaction times and high processing fees on Bitcoin's network.
The mining hardware company Bitmain proposed a hard fork to address Bitcoin's scalability issues. This resulted in the creation of Bitcoin Cash in 2017. Bitcoin Cash has a larger block size and can process up to 117 transactions per second. From a technical perspective, Bitcoin Cash uses a proof-of-work algorithm to validate transactions. It's also mined the same way as Bitcoin.
How to Choose the Best Bitcoin Cash Sportsbook
Choosing a reputable BCH betting site is vital for both new and seasoned bettors. A reputable sportsbook offers a host of benefits, including valuable bonuses, fast transactions, and high betting odds. Below, we discuss some of the key features you need to consider when choosing the best bookmaker.
Payment Speed
Fast transaction times are vital for an enjoyable betting experience. A great sportsbook should offer instant BCH deposits, allowing you to place bets right away. The site should also provide super-fast withdrawals, allowing you to access winnings promptly. Make sure you check all this before opening an account.
Payment Security
Safe and secure transactions allow bettors to make BCH deposits and withdrawals with peace of mind. When finding the best site, check if the site prioritizes the safety of your funds. You can check the availability of security measures such as the 128-bit and 256-bit SSL encryption technologies.
Banking Fees
Low banking fees save you money, making Bitcoin Cash betting cost-effective. Bitcoin Cash processing fees are negligible, but sportsbooks charge some fees for deposits and withdrawals. Check these sportsbook processing fees to ensure they are low or zero.
Withdrawal Limits
Withdrawal limits are vital for both casual and budget players. High withdrawal limits are suitable for bettors who make huge BCH transactions. On the other hand, low withdrawal limits are ideal for low-stake bettors who make small transactions. Check these limits to make sure you can afford them.
Bitcoin Cash Betting Bonuses
Bonuses and promotions provide extra BCH, allowing you to place more bets with free money. Start by checking if the sportsbook offers welcome bonuses like free bets, no deposit bonuses, and match deposit bonuses. After that, check the available regular promotions, including cashback bonuses and reload bonuses.
Variety of Sports
Multiple betting options ensure an exciting and engaging betting experience. The best sportsbook should allow you to place bets across different sports, including Baseball, Basketball, Horse Racing, Football, and Tennis. The site should also offer a range of betting markets with competitive betting odds.
How to Bet with Bitcoin Cash
Bitcoin Cash not only offers fast transactions and enhanced privacy but is also simple to use. Below is a step-by-step guide on how you can place bets at BCH betting sites:
Step 1: Purchase Bitcoin Cash
To bet with Bitcoin Cash, you first need to be a BCH owner. You can own Bitcoin Cash by purchasing it from cryptocurrency exchanges. The most trusted cryptocurrency exchanges include KuCoin, Kraken, Binance, and Coinbase.
Once you decide on the exchange you want, you can proceed to create an account. Most platforms will ask for details like name, email address, country, and password. Some platforms also require you to verify your account by uploading your ID.
After verifying your cryptocurrency exchange account, you can transfer funds using the available payment methods. Most platforms accept payments made via e-wallets, cryptocurrencies, and credit/debit cards. The last step is to buy the BCH you want and transfer it to your preferred BCH wallet.
Step 2: Sign Up at a Bitcoin Cash Betting Site
Registering a betting account is also simple. You first need to pick your preferred betting site from our list. After that, proceed to register an account using these simple steps:
- Click our link to visit the bookie’s homepage.
- On the homepage, head to the top or top-right corner and click on the “Register” or “Sign Up” button. Fill in your personal details, including full name, date of birth, email address, and phone number, in the registration form. You will also need to create a secure password.
- Tick the box confirming you have read and accepted the privacy policy and terms and conditions.
- Confirm your gaming account. This involves confirming the email or phone number used to create an account.
Step 3: Deposit Bitcoin Cash Funds
Once you are done with account creation, head to the deposit section and select Bitcoin Cash as the payment method. The sportsbook will provide you with a unique Bitcoin Cash address. Copy this address and ensure it's correct to avoid sending BCH funds to the wrong recipient.
Head to your Bitcoin Cash wallet account and paste the sportsbook's BCH address. After that, enter the BCH to transfer and confirm the transactions. Your BCH funds should appear in your gaming account within 0-10 minutes.
Step 4: Place Your Bets
At this point, your betting account has some BCH funds. Click on the “Sports” tab and select the sports you want to bet on. You will also need to select the betting market to bet on. For example, you can pick Basketball and select the match winner market.
Once you have chosen the betting market, enter your stake and click on the “Place Bet” button. But before you place the bet, it’s important you understand how betting markets work and the different odd formats. BCH sports betting sites usually offer one of the three odd formats: American odds, fractional odds, and decimal odds.
Step 5: Withdraw Your Winnings
To cashout winnings, head to the cashier section, select Bitcoin Cash as a payment option, and enter the withdrawal amount. You will also need to provide your Bitcoin Cash wallet address. Ensure you double-check your BCH wallet address to avoid transaction errors.
The last step is to submit the withdrawal request. If the BCH sports betting site has zero processing times for withdrawals, you will get your funds within 0-10 minutes.
Advantages of Bitcoin Cash Betting
Bitcoin Cash has won the hearts of millions of sports bettors for several reasons. Unlike conventional payment methods, BCH offers faster and more secure transactions. It's also known for offering anonymous transactions and low transaction fees.
Faster Transactions
Bitcoin Cash has a larger block size and can process up to 117 transactions per second. This reduces network congestion, resulting in near-instant deposits and withdrawals. Traditional payment methods, on the other hand, take hours or days to process withdrawals.
Low Processing Fees
Bitcoin Cash's large block size also leads to lower processing fees. While the fees depend on many factors, they can be as low as $0.01. This makes Bitcoin Cash the ideal payment method for bettors who want to save on the cost of depositing and withdrawing funds.
Enhanced Privacy and Anonymity
Bitcoin Cash doesn't need your personal information to complete transactions. With a BCH wallet address, you will be able to make deposits and withdrawals at Bitcoin Cash betting sites. Since your name is not attached to transactions, you can enjoy playing with the highest level of privacy and anonymity.
Secure Transactions
Security is paramount in gambling. Fortunately, Bitcoin Cash uses a decentralized blockchain technology, making transactions irreversible. The technology also encrypts transactions, protecting funds from online hackers.
Key Features to Look for in Bitcoin Cash Betting Sites
Choosing the best sportsbooks involves paying attention to several aspects that ensure a safe and enjoyable betting environment. Make sure the site you join ticks the following boxes:
Bonuses and Promotions
Betting bonuses provide extra funds, making BCH betting cost-effective. Check if the sportsbook has a welcome package that awards bettors with free bets, no deposit bonuses, or match deposit bonuses. Furthermore, check if you can take advantage of ongoing promotions like referral bonuses, reload bonuses, and cashback bonuses.
Range of Sports and Games
A variety of betting options make the betting experience more engaging and satisfying. You should only join bookmakers that cover top sports like Horse Racing, Golf, Boxing, Soccer, Basketball, and E-Sports. Furthermore, there should be multiple betting markets with generous betting odds.
Payment Speed and Fees
Speed is paramount in the fast-paced crypto betting world. Pay attention to betting sites that offer fast transactions, allowing you to make quick deposits and withdrawals. You should also review processing fees to ensure they don’t take too much of your BCH funds.
Customer Support
Excellent customer support service is vital for a seamless online betting experience. A great Bitcoin Cash sports betting site should address customer queries 24/7 through multiplier channels. Ensure the support team is reachable via email, phone, and live chat.
Licensing and Security
Lastly, you should only join a licensed and regulated betting site. Licensing bodies, such as MGA, UKGC, and Curacao, monitor sportsbooks, ensuring they observe fair play practices. You should also check if the bookmaker protects transactions using SSL technology.
Bitcoin Cash Deposits and Withdrawals
Bitcoin Cash is known for being simple and efficient, allowing bettors to make fast and secure transactions without facing hitches. Below, we discuss the simple steps for making deposits and withdrawals at Bitcoin Cash betting sites.
How to Deposit with Bitcoin Cash
- Create a Bitcoin Cash wallet: A Bitcoin Cash wallet is a great way to store your BCH safely. You can get an account from trusted crypto wallets such as Trezor, Coinbase, and Electrum.
- Purchase BCH: As mentioned earlier, you can purchase BCH from cryptocurrency exchanges such as Crypto.com and Binance.
- Log in to your betting account: After creating a betting account, head to the deposit page and pick Bitcoin Cash as the banking method.
- Transfer BCH funds: To make a transfer, you need to copy the sportsbook's wallet address and paste it into your BCH wallet account. Remember to copy the correct address to avoid sending BCH to the wrong address. Lastly, enter the BCH to transfer and confirm the transaction.
How to Withdraw with Bitcoin Cash
- To make a BCH withdrawal, head to the payment page, click the "withdraw" tab, and select Bitcoin Cash.
- Enter the amount of BCH funds you want to withdraw from your account. You will also provide your BCH wallet address.
- Submit the withdrawal request: Note that some Bitcoin Cash sports betting sites may require you to verify your account to process your withdrawal request.
- Wait for your funds: This should only take a couple of minutes.
Bitcoin Cash VS Other Cryptocurrencies for Sports Betting
Bitcoin Cash may not be the most popular digital currency, but it sits alongside other big names like Bitcoin and Ethereum. Below, we discuss how BCH compares to other cryptos in terms of speed, fees, security, volatility, and acceptance.
- Transaction speed: Bitcoin Cash’s larger block size makes it one of the fastest cryptocurrencies, processing up to 117 transactions per second. It’s faster than Bitcoin and Litecoin, which process 7 and 56 transactions per second, respectively.
- Transaction fees: Bitcoin has some of the lowest fees, charging as little as $0.01 per transaction. The fees are lower than those of Bitcoin and Ethereum, which charge around $0.5 and $0.9, respectively.
- Security and privacy: Bitcoin Cash’s decentralized blockchain allows users to make anonymous transactions. The blockchain is also SSL-encrypted, keeping hackers away.
- Acceptance: Despite being relatively new, Bitcoin Cash has over 17 million users globally. The number, however, is smaller than that of Bitcoin, which has over 200 million owners.
- Market volatility: Bitcoin Cash is volatile, meaning it may lose value quickly, impacting betting outcomes. However, it's more stable than Dogecoin.
Popular Sports to Bet on with Bitcoin Cash
Bitcoin Cash online sports betting sites allow you to enjoy fast, secure, and anonymous transactions across dozens of sports. You can bet on anything from Basketball, Football, Horse Racing, Baseball, and E-Sports.
Below are the top sports you can use BCH on:
Football
With billions of fans globally, Football attracts a significant amount of BCH bets at online bookmakers. Fans who love betting on Football using Bitcoin Cash can bet on events like the World Cup, Bundesliga, Serie A, and the English Premier League. Football also offers multiple betting markets, including match winners, odd/even, totals, correct scores, and handicaps.
Basketball
Basketball is a fast-paced sport that presents a variety of betting opportunities for crypto bettors. Whether you like betting on the WNBA using Bitcoin Cash, Euro League betting, or BBL, Basketball has something for everyone. You can choose from a variety of markets, including match winners, totals, and futures.
Baseball
Baseball also attracts millions of fans globally thanks to its uniqueness. Our featured sportsbooks allow you to enjoy betting on MLB with Bitcoin Cash. You can also try your luck on other popular leagues like LMB, KBO, and NPB. The Baseball markets you can choose from include run line, moneylines, totals, and prop bets.
Horse Racing
Despite being a traditional sport, Horse Racing remains one of the most popular sporting events among crypto bettors. Our top Bitcoin Cash betting sites cover popular races like Travers Stakes, Dubai World Cup, Kentucky Derby, and Belmont Stakes. Horse Racing offers a variety of bets, including each-way bets, win bets, exacta, and quinella.
E-Sports
E-sports betting sites have started making inroads into the crypto betting world, drawing millions of young gamers. Our featured sites offer betting on a variety of e-sports games, including Rainbow Six, CS:GO, Call of Duty, Valorant, and League of Legends.
Bitcoin Cash Betting Bonuses
The beauty of sports betting with Bitcoin Cash is that you can unlock bonus offers and bet without blowing your own money. You can claim a range of bonuses, from match deposit bonuses to cashback bonuses, free bets, and no deposit bonuses.
Below, we discuss some of the incentives you can boost your wagering bankroll with:
Match Deposit Bonuses
BCH betting sites are known for treating new players with generous match deposit bonuses. When you make the first BCH deposit, the sportsbooks match it up to a certain amount. For example, they can match your deposit by 100%, 200%, or 300%. To be eligible, you must make a minimum qualifying deposit.
No Deposit Bonuses
A no deposit bonus adds some free money to your betting account without making any BCH deposit. All you need to do is make a small commitment to register an account. If you are a regular bettor, you may receive a no deposit bonus for being loyal or by downloading a mobile application.
Free Bets
Free bets also provide extra funds, allowing you to place a bet without using your real balance. You may receive this bonus as a welcome bonus or as part of an ongoing promotional offer. When it's a welcome bonus, you may need to place a bet, and if you lose it, you receive back the stake in the form of a free bet.
Cashback Bonuses
A cashback bonus is a regular incentive that returns part of your net losses. To qualify, you must place bets and lose the amount specified by the sportsbook. You can receive 5%, 10%, or 20% of your net losses.
High Roller Bonuses
High roller bonuses are special bonuses designed to reward high-stake bettors. To get your hand on these bonuses, you must make huge deposits and big bets. For example, the betting site may offer you a 100% match deposit bonus when you deposit 50BCH.
Most of the bonuses you will find at Bitcoin Cash betting sites usually have terms and conditions. They come with terms such as wagering requirements, minimum deposits, expiry dates, eligible sports, and maximum winning. Make sure you understand these terms and conditions to avoid bonus cancellation.
Experts Tips for Betting at Bitcoin Cash Sportsbooks
If you already love betting with BCH, you can get started, but ensure you apply the below tips to avoid huge losses:
Tip 1: Bankroll Management
Smart bettors always come up with a wagering budget before placing their first bet. You can be a smart bettor by setting aside the BCH coins you are willing to spend hourly, daily, weekly, or monthly. Setting a budget and sticking to it will save you from incurring big losses.
Tip 2: Research Sports and Teams
The worst mistake you could make as a bettor is to start betting with little information about sports, teams, and betting markets. To make informed bets, you need to arm yourself with the necessary information, including how a particular sport works.
Tip 3: Take Advantage of Bitcoin Cash Betting Bonuses
Another helpful tip you can apply is to claim the available promotions. Promotions make betting cost-effective, as you don't have to place bets using your own funds. Start by claiming the welcome bonus and proceed to ongoing promotional offers.
Tip 4: Diversify Your Bets
Your goal as a professional bettor is to win big. You can achieve this by placing bets across different sports and teams. This strategy increases your total odds while spreading your risks.
Tip 5: Stay Updated with the Latest Sports News and Trends
Whether you are a recreational bettor or a professional player, you should always stay informed about what’s happening in sports. For example, the latest news about new signings in Football can help you make informed bets.
Tip 6: Play Responsibly
The last thing you want is to suffer from problem gambling. Make sure you observe responsible gambling practices to avoid problem gambling. Such practices include taking a break, self-exclusion, and setting deposit, wager, and loss limits.
Pros and Cons of Bitcoin Cash Betting
Online sports betting with Bitcoin Cash presents a myriad of benefits to sports bettors. From faster transactions to low processing fees and secure payments, BCH offers everything bettors could ask for. Bitcoin Cash has also earned a lofty place in bettors’ hearts thanks to the anonymity and privacy it provides.
However, Bitcoin Cash has some flaws that are worth noting. Its transactions are irreversible, meaning you will lose your funds if you provide an incorrect address. BCH is also volatile, which could impact betting outcomes.
Pros:
- Low processing fees
- Faster transactions
- Anonymous betting
- Bitcoin Cash bonuses
- Secure transactions
Cons:
- Bitcoin Cash transactions are irreversible
- Not minored by a central authority
- Bitcoin Cash is volatile
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FAQ
Is betting with BCH safe?
Yes, you can place bets with BCH with peace of mind. Your money is stored in a secure wallet, and no third parties can interfere with your transactions. However, it's your responsibility to ensure the betting site you join is safe and secure.
What are the pros of using Bitcoin Cash for sports betting?
Betting with Bitcoin Cash comes with a myriad of benefits, such as lower transaction fees, faster transactions, anonymous betting, and secure payments.
How can I deposit BCH at online sportsbooks?
To make a deposit, you first need to buy BCH coins from a cryptocurrency exchange and store them in a secure crypto wallet. After that, log in to your betting account, head to the deposit page, select BCH as a deposit option, and copy the receiver's address. Lastly, paste the receiver's address in your crypto wallet and transfer the BCH coins you want.
When can I find the best Bitcoin Cash betting sites?
We have listed all the best sportsbooks with BCH here on this page. Select the betting site you want and start betting with peace of mind.
Are BCH deposits eligible for deposit bonuses at online sports betting sites?
Yes, your BCH deposit can trigger a variety of bonuses, including match deposit bonuses and reload bonuses.