Bitcoin

At a glance

How it works at a bookmaker

The site gives you a deposit address; you send coin from your wallet or exchange; the balance is credited after the network confirms the transaction, usually within the hour. Some sites keep the balance in bitcoin, most convert it to a fiat currency at deposit and back at withdrawal, which is where a spread hides. Withdrawals are sent to any address you give, in minutes once approved.

Deposits and withdrawals

Deposits cleared in twenty to forty minutes in our tests; withdrawals were approved and broadcast within the hour on every platform that offers the method, the fastest payout of any kind we recorded. Confirm the address twice: a bitcoin sent to the wrong one is gone.

Fees and volatility

The operator rarely charges; the network does, and the fee depends on congestion rather than amount. The larger cost is the coin itself: a balance held in bitcoin over a weekend can lose or gain more than the bets on it. If that bothers you, use a stablecoin.

Bonuses and verification

Crypto deposits qualify for most welcome offers on the international platforms and often for a separate crypto bonus. Verification is lighter than with a card, but every site we tested asked for a document before a large withdrawal, so anonymity is partial.

Where it is not available

On any nationally licensed site in Europe or North America, where regulators do not permit it.