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Last updated
06/11/2024

Bitcoin Sports Betting in Australia

Bitcoin sports betting in Australia is quite popular at the moment, especially with players who want to access their funds instantly and enjoy private wagering sessions. Offshore betting platforms that accept Bitcoin represent a trusted avenue for locals to bypass the government ban. Since June 2024, cryptocurrencies are prohibited on AU-regulated bookmakers.

Bitcoin is the first digital currency ever created and, today, the crowned king of the crypto space. Available across borders, it provides decentralized and permissionless payments at a high speed and low cost. Initially, it was only used for P2P transfers on forums, but gradually became a core addition to digital entertainment and, by extension, casinos and betting sites.

Join us to explore international options and dive into unrestricted betting.

Bitcoin sports betting in Australia is quite popular at the moment, especially with players who want to access their funds instantly and enjoy private wagering sessions. Offshore betting platforms that accept Bitcoin represent a trusted avenue for locals to bypass the government ban. Since June 2024, cryptocurrencies are prohibited on AU-regulated bookmakers.

Bitcoin is the first digital currency ever created and, today, the crowned king of the crypto space. Available across borders, it provides decentralized and permissionless payments at a high speed and low cost. Initially, it was only used for P2P transfers on forums, but gradually became a core addition to digital entertainment and, by extension, casinos and betting sites.

Join us to explore international options and dive into unrestricted betting.

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Safest Bitcoin Sports Betting Sites in Australia

When opting for crypto betting in Australia, you can often enjoy very low entry thresholds, with some sites allowing minimum deposits of only 0.00001 BTC. This small investment opens a host of opportunities for sports fans, including live betting with 10+ cryptocurrencies and BTC registration bonuses.

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How Do Bitcoin Betting Platforms Work in Australia

Crypto betting sites not on Betstop are overseen by European or offshore regulators, such as MGA, Curaçao or the government of Anjouan. When matched against AU-licensed operators, international ones have an open approach towards Bitcoin betting and generally integrate cryptos in bonuses and competitions as well.

As an Aussie, you can either choose a hybrid bookmaker that accepts both FIAT and crypto for bets, or you can go for crypto-exclusive sites. The first usually provide exchange & buy services on-site for cryptocurrency, whilst the latter display more blockchain-backed features like decentralized betting and provably fair games.

A final point to check is whether your BTC deposit is credited as such and available for bets, or if it’s converted in A$ or other currencies automatically.

Which Are the 5 Leading Aussie Bitcoin Sports Betting Sites

Bitcoin betting is a fast-growing space, with new operators constantly joining the ranks and employing extras for sports enthusiasts, including first deposit bonuses and free bets. We’ve hand-picked & analyzed a few of the best for you below:

N1Bet Casino

N1Bet is a Curaçao-licensed casino and sportsbook. It accepts various payment methods, including credit cards, e-wallets and crypto. BTC deposits are instant, without fees and the minimum requirement is only 0,0001 BTC.

This hub connects you with the most popular AU leagues, including AFL and WAFL, and provides over 45+ sports, such as rugby, auto racing etc. N1 Bet promotes a reduced profit margin of 2%- 4.5% for top events and a unique VIP bets feature, which allows wagers of up to A$1,000,000 per match.

Casinoly

Casinoly is a Curaçao bookmaker and casino that integrates localized payment methods for Aussies, such as Neosurf and bank transfer, alongside 5+ cryptocurrencies (BTC, BCH, USDT etc.).

It proposes an outstandingly varied offer that covers sports betting, live events, horse racing and virtuals, next to casino classics like pokies and crash games. Flexible deposit limits for BTC await, ranging from A$45 to A$7,800. You can bet on 30+ sports like basketball, soccer and cricket and enjoy thousands of markets like 1×2, over/under or both teams to score.

Powbet

Next up we have Powbet, another non Betstop betting site established in Curaçao. This brand excels in the sports promo department, providing first deposit bonuses, boosted odds for certain events, bet builder insurance deals and cashback.

The site is also perfect for mobile betting, as it’s well-optimized, and lists over 30+ sports, including lesser-known ones like darts and futsal. Fans of live betting can explore popular wagering options such as 1×2, double chance and game handicap. The BTC deposit limits are A$45-A$7,800, and A$65-A$7,800 for withdrawals.

SG Casino

SG Casino has a competitive offering that includes a traditional sportsbook, live betting options and virtuals, but also crypto-friendly games like pokies and live casino. This Curaçao-approved hub supports major competitions from back home like A-League, NRL and AFL.

You can find over 1,000 daily soccer events and wager on both upcoming and live matches. Beginners can see a list of popular bets for each sport to get inspired, like both teams to score or 1×2. Payments are possible through credit cards, e-wallets, but also BTC and other cryptos.

Quickwin Casino

Established in Curaçao, Quickwin welcomes Aussies with a collection of 30+ sports, such as squash, floorball and cross-country, alongside several virtual sports. There’s a superior coverage to be noted, as this brand focuses on major leagues like NRL and AFL, but also on minor and development leagues.

The bookmaker strives to provide generous odds and release them quickly, especially for in-progress events, and there’s also a live stream available. BTC deposits and withdrawals incur no fees, and they have a A$7,800 maximum limit per transaction.

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What Makes Bitcoin Betting Sites Special

International bookmakers that accept BTC for payments allow players to enjoy all the benefits of this cryptocurrency, like transaction anonymity, increased transparency and significantly lower fees than conventional methods. However, they also provide other incentives for punters like sports & casino bonuses issued in BTC and lucrative loyalty programmes.

purple-icon Unique BTC Offers

On Bitcoin sports betting sites, you can find numerous juicy offers, either issued directly in BTC or in FIAT currencies (e.g. A$, $, €). Prevalent ones are mainly BTC first deposit bonuses of up to A$1,000 equivalent, high roller deals, loyalty rakeback of up to 25% depending on your tier etc.

Sports bonuses are also abundant and commonly include reload promos of up to 33%, e-sports offers, 3+1 free bets and even guaranteed cashback of up to A$500 on qualifying losing bets.

yellow-icon Limitless (Live) Betting Options

International sportsbooks with no Betstop affiliation place the spotlight on the live offering more than most. Here, Aussies can explore popular local sports like soccer, basketball, cricket and tennis.

There’s a sizable amount of markets to dive into for each one, including match winner 1×2, handicap, total points etc. Horse betting not on Betstop also receives its own category, with an average of around 200 daily races you can bet on from AU, Turkey, Ireland etc.

Quality bookmakers further reduce their profit margin for important events to give bettors more of an edge. Once you’re logged in, you can also follow your favorite matches through a live stream.

purple-icon No Payment Limits

Many no limit betting sites are also either crypto-friendly or crypto-exclusive. When discussing BTC specifically, the vast majority of bookmakers establish generous top limits for payments or place no maximum caps at all on deposits or withdrawals.

For this reason, BTC betting sites are ideal for high rollers. Even if you can find daily/weekly/monthly limits in place for BTC or other cryptocurrencies, it’s entirely possible to negotiate them higher as a VIP.

yellow-icon Amazing VIP Programs

The very best BTC bookmakers not only attract high rollers through their flexible payment policy, but they make sure their journey remains profitable and engaging. In some cases, you may encounter both loyalty programmes and VIP schemes, where BTC bets made on sports, pokies and live tables all count for progression.

You can frequently receive increasing weekly cashback of 10% or more, a personal account manager, level-up bonuses on every tier, personalized sports deals and such.

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Are All Bitcoin Sports Betting Platforms Ideal?

Whilst BTC betting hubs tick many boxes, particularly for players who prioritize anonymity and security online, they also have several drawbacks. We’ll go over them in detail and help you mitigate the risks with a few tips & tricks:

Red Arrow IconTrustworthiness issues

Not all international betting sites are reliable. Sketchy ones may capitalize on the players’ desire for privacy and commonly integrate BTC and other cryptocurrencies to draw foot traffic.

However, that doesn’t make them trustworthy, because they may fail other security checks. For example, their licensing status may be pending or entirely undisclosed, they may have insanely high wagering for sports bonuses or other worrisome T&Cs (e.g. extortionate withdrawal fees).

To avoid any of the above, consider our featured non Betstop BTC bookies, instead. We’ve verified them in advance for our community and gave them the green light.

Red Arrow IconBTC Volatility

Despite being the oldest and most legitimate player in the crypto space, BTC is subjected to the same inherent volatility as all digital assets. The BTC price swings can be quite dramatic in periods of market upturn or downturn, also known as bull and bear markets.

This can especially pose an issue to you if you keep your casino or betting balance in BTC. To counteract this problem, we urge you to switch to FIAT or a stable coin appointed to the USD (e.g. USDC or USDT).

Red Arrow IconIrreversible Payments

In contrast to a traditional payment that can be reversed if you call your bank and start the chargeback procedure, all crypto deposits are irreversible. This is explained by the nature of the blockchain technology.

Each BTC deposit and withdrawal requires a particular number of confirmations to be processed and secured (around 6). After they are completed, there’s nothing else you can do. That’s why it’s extremely important to double-check the bookmaker’s wallet address and only send BTC through the BTC network, or else all funds are lost.

Red Arrow IconExtreme Wagering Requirements

Another disadvantage of Bitcoin betting on subpar sites is the chance of finding unreasonable wagering requirements for sports bonuses. For example, you could be asked to bet the value of your deposit, bonus or both an enormous number of times before requesting a withdrawal, like 20x and above.

Similarly high restrictions can be in place for other weekly promos like free bets. A more attainable range for sports offers in general would be 1x, 3x or 10x maximum.

How to Find the Perfect Bitcoin Betting Platform in Australia

Bitcoin sports betting in Australia is a hot topic of discussion for locals, especially considering the government’s recent decision to ban it. With no way to use cryptocurrencies anymore on AU wagering providers, residents are rushing towards the next best thing, which is international bookmakers.

They provide a rich mix of sports and thousands of markets, plus numerous competitions and seasonal deals to keep things exciting, like sports tournaments, cash prizes or free bet drops.

Another important highlight is their inclusion of the live betting feature, which is also missing from sportsbooks back home. Finally, BTC deposits and withdrawals are often limitless and not subjected to any fees, making these alternative spots irresistible for high stakes players.

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FAQs
What are the best crypto operators in Australia?

If you’re interested in Bitcoin sports betting in Australia, we’ve made some trustworthy suggestions on this page for you.

What sites available in Australia accept Bitcoin?

You can go for independent operators, offshore hubs and international bookmakers regulated in Europe or other regions.

Can you deposit with fiat currency on crypto sites?

Yes. Many places that support Bitcoin betting also accept FIAT deposits in A$ through various means like credit cards, bank transfer and e-wallets.

Do you have to pay tax on cryptocurrency winnings here?

No. Cryptocurrency gains resulting from your deposits or from a bonus are paid in full by the bookmaker and you don’t have to pay taxes on them.

Can I win real money playing at Bitcoin betting sites?

Yes, it’s entirely possible to win actual cash on Bitcoin sports betting hubs if your ticket pans out or if you delve into other games like pokies.

Is an app needed for me to play on Bitcoin sports betting platforms?

Modern bookmakers have optimized platforms, designed to ensure the same experience on all devices. An app won’t be required to start betting, though some platforms do offer one for sports, casino or both. We urge you to download it only if it offers additional functionalities like stats or ticket verification.