Best NBA Bitcoin Betting Sites 2023
Cryptocurrencies like Bitcoin are emerging in popularity in online betting because they are safe, easy to use, and secure. However, not all NBA betting sites accept cryptocurrencies. So if you’re looking to use bitcoin or another cryptocurrency for basketball betting, you’ve come to the right guide. Today, we feature the best bitcoin NBA betting platforms in the Philippines. Keep reading to learn more.
NBA Bitcoin Betting Sites
Why Use Bitcoin For Betting On Sports?
Bitcoin (BTC) betting is taking the world by storm. Using the BTC as the cryptocurrency payment method for betting in basketball games offers a number of amazing advantages.
Fast Deposits and Withdrawal Times
BTC betting can make the experience of every member more pleasant because of quick deposit and withdrawal of the funds. It’s faster than typical payment methods. So if you want to cash out the winnings from the sportsbook faster without delays, you might have to consider bitcoin casinos and sportsbooks.
A Reliable Currency
Bitcoin is regulated in many territories and jurisdictions, allowing the introduction of many legal crypto sites for NBA betting. BTC transactions cannot be denied or blocked, as there are no third parties that have to approve a specific transaction. Bitcoin is a reliable currency for basketball betting. Thus, no wonder why it’s the chosen payment option among Filipino punters using it for their betting activities.
Sky-High Limits
Casinos that accept bitcoin implement higher limits on both deposits and withdrawals. That’s why it’s been becoming the cool choice among bettors. Using crypto can also give members the most value because of lower fees than traditional methods used in the betting transactions, one the most significant benefits of crypto in betting.
Protection From Price Volatility
Betting websites in the Philippines that accept bitcoin is easy to use, and even beginners won’t have a hard time with it. Plus, it’s easy to create a cryptocurrency account. That’s not all because Bitcoin deposits are also converted to the Philippines currency or USD once it’s into the player’s account; thus, price volatility won’t be an issue. You also don’t need to convert from BTC to PHP or USD when placing bets.
Crypto-Specific Rewards And Bitcoin Bonuses
Members using bitcoin can also be qualified for different bonuses and rewards. One is the welcome bonus that awaits members that use bitcoin in transactions. However, please remember to read all the terms and conditions before claiming any reward.
Reviewing the Best Bitcoin Sports Betting Platforms
You need not to search anymore to find the best bitcoin platforms in the Philippines because we have compiled the most popular among them. Check them out in the following reviews.
One of the most popular betting sites to accept cryptocurrencies, 22bet is the choice for beginners looking to register in sportsbooks, make the first deposit, and bet on the NBA in the Philippines. The best crypto betting site is user-friendly and has high limits to bitcoin deposits.
The bitcoin Blockchain betting site also accepts ETHEREUM and bitcoin cash. Bet on the NBA using crypto at the site for the best experience and significant bonuses and rewards.
For the most pleasant crypto gaming experience, you can use 20Bet, which accepts Ethereum, litecoin, and bitcoin, which are the most common cryptocurrencies, as payment methods for people using the digital currency in their transactions.
The best sportsbook for NBA bettors that want to use cryptocurrencies in transactions, MegaPari is a user-friendly and simple platform for a wide range of betting markets in basketball. They accept 30 digital currencies, such as Dash, Ethereum, and Bitcoin.
When looking for betting sites that accept bitcoin, you shouldn’t miss GGbet, one of the best online gambling platforms that accept Filipino NBA bettors who are using crypto in financial transactions. They also have a wide range of features, such as live streaming and a diverse portfolio of e-sports, such as League of Legends and Call of Duty.
The fact that they take payment methods like Litecoin, Ethereum, and Bitcoin makes them one of the options for Filipino NBA bettors. Use it for sports and casino betting as well as live streaming and e-sports.
One of the best gaming platforms that welcome players who use crypto coins, Pinnacle is one of the pioneers in the industry, having been around for more than 20 years. It also offers high betting limits and some the top odds. Choose it for the bitcoin betting and have a pleasant gaming experience.
Head over the popular platform for online sports betting in the Philippines and enjoy multiple rewards. For the most part, the site is a leading platform for sport and casino betting. Learn more about the types of cryptocurrencies aside from bitcoin that the betting site accepts.
You can get the exciting gaming experience you’re after at the sports betting site. Cryptocurrency users can look forward to a smooth sports betting experience at the platform. If you’re always on the go, you can use any device with the site’s app or mobile version, too.
The PAGCOR-licensed online sportsbook for NBA betting is another top choice among Filipino punters because it offers security and fast transactions especially it accepts BTC as well. Use the live betting site and be qualified for huge bonuses and rewards.
How To Get Started on a Bitcoin Betting Site in the Philippines
With so many sites offering betting markets to Filipino players, you might also be thinking how you can register and use the NBA betting websites? How do you get started using sports betting sites that accept cryptocurrencies like bitcoin? Check out the following steps to start with bitcoin sports betting.
Step 1: Get a Bitcoin Wallet
Before you can start with the best bitcoin betting platform, you need a bitcoin wallet. Some of the most common ones in the country for the casino members include eToro, Electrum, Exodus, and Ledger Nano. Open a BTC wallet account. This is an important step before you can use bitcoin for NBA betting.
Step 2: Convert your Money to Bitcoin
To use bitcoin in the funds you have at the sportsbook, you need to change or convert money to BTC. First, you need to deposit money into a crypto exchange account. You also have the option of buying crypto, like bitcoin. However, take note that you might have to wait from five to 10 days before sending the BTC into a sportsbook, if you’re a new member of their platform.
Alternatively, you can use other ways of buying bitcoin with cash, and these include cardless cash, bitcoin ATMs, and independent in-person. Some people also buy bitcoin in mobile phone retailers, convenience stores, and other retailers.
Step 3: Sign Up For a Bitcoin Sportsbook Betting Site
You don’t have to worry anymore if you’re looking for the casino or bookmaker for NBA betting because the number of sportsbook sites accepting the leading bitcoin is plentiful. You can start with the list we’ve made to find the right bookie for you. They are some of the most popular BTC betting sites in the country. Get started now by signing up with the bitcoin betting site.
Step 4: Verify Your Account
When you find the right sportsbook for you, you must verify your account, which process is almost the same with many sites. For instance the platform can ask you to upload IDs to verify your identity.
Selection of bonuses and promotions
The best bookmakers for NBA betting do not only offer competitive odds but different bonuses for the sports members. The following are some of the things you need to know about the online sites rewards and the sportsbook bonuses for their members so that you can get the most pleasant experience using them.
The initial signing up package (bonuses after registration)
The sites we’ve featured offer excellent bonuses aside from the market for betting lines. When you sign up with the bitcoin NBA betting site where the game bets are placed, one of the top benefits from them is the initial signing up bonus that you can use to bet the NBA moneyline, spreads, and totals, among others.
Promotions quantity and quality
Choose the best NBA betting site that offers members with lucrative bonuses and rewards, which do not come with unrealistic terms and conditions. The good thing is that you can use the sites above for promos and offers that may include reloading bonuses, welcome bonus, free spins, no-risk bets, and odds boosts promos, to name some. Just ensure to read the terms, conditions, and wagering requirements before claiming any of them.
VIP Program
Many bookmakers do not only match the first deposit of the people who open an account with them, but also reward members for what the activities they do at the site are.
A VIP program is typically a tracking system that looks into the activities of their members who they reward for those. Take note that many of these programs are tiered, allowing players to move up the ladder as they collect more points and to receive different rewards in the form of bonus bets, for instance.
Basketball Markets on Crypto Basketball Betting Sites
What are the betting markets to find on the sportsbook website? Not all casinos and bookmakers have the same, but you can typically find the following markets to bet on.
Winner of the match – The most popular market
The winner of the match bet is one of the most common markets when betting in the NBA. For this bet, you just select the team that you think will win. It’s easy!
Moneyline bets are straightforward in that you don’t need to worry about the team winning by a number of points. Typically, oddsmakers determine the moneyline odds for an NBA team based on factors like current form, team strength, injuries, and other things.
Just make a good prediction based on your research, and then place the amount of your bet you want to wager.
Alternative spread markets
These allow players to choose a different point spread that has a higher payout potential. Members betting on the less favored team or underdog can adjust the point spread to lower the number of points. On the other hand, bettors wagering on the favorite can modify the spread, like giving away more points while still covering.
Total points
Filipino bettors wager on the total points or score in a specific basketball game on a total bet. A sportsbook will predict the total score of the game, and then you will bet on whether this set line will be higher/lower.
Halves & quarters
This is another betting market in basketball. It involves wagering on the first half or second half or 1st, 2nd, 3rd, and 4th quarter. Bettors can bet on the half time or a particular quarter. Typically, the bookie will open the lines prior to the game.
Individual performance
Also called proposition bets or player props, an individual player bet involves betting on the performance of a player or his statistics. Some of the props bets include – assists, points, blocks, steals, and rebounds. Others are turnovers, triple-doubles, three pointers, and play combos, such as total points, assists, and rebounds
FAQs
The best bitcoin betting site is a legal, licensed, and reliable sportsbook operator that offers player safety and security. It offers seamless transactions, privacy, and satisfaction overall. You can begin your quest in finding the top betting site by referring to our list above.
It depends on the sportsbook you’d use. Some of them may only offer Bitcoin, but others can accept other cryptocurrencies, such as Litecoin, Ethereum, and more. Use the sportsbook that accommodates your preferred cryptocurrency.
Yes, they’re legal provided you’re using a licensed operator, whether offshore or Philippine-based. Nevertheless, it is legal to bet on these sites, and some types of markets are point spreads, totals, and moneyline bets.
It depends on the platform you’re using. If you still have to register your name, phone number, and email address, among other personal information, you cannot completely bet anonymously with cryptocurrency on the site. If you’re using a decentralized crypto or bitcoin betting platform, you can be sure that your transactions are private because they won’t ask for your bank account or any personal information.
Most of the transactions are faster than traditional banking methods. Typically, the transaction completes almost instantly. But then, one crypto site may be different from another. Read their FAQ page or contact support to learn about the processing time of crypto deposits.
Again, you may have to contact their customer service or read the terms and conditions about payment methods, specifically about withdrawals using crypto like bitcoin to learn about the processing time.
Bitcoin is the most used crypto coin in online betting, but others can also be used depending on the operator where you’d open an account with. Some of them also accept Ethereum, Litecoin, and XRP.
The most popular markets offered by gambling sites for basketball betting include moneyline bets, spread bets, total bets, and player props bets.