How to Know If a Crypto Sportsbook Is Legit: 5 Signs to Look For
As with anything positive in life, there's always going to be a rotten apple somewhere that spoils it for everyone. In many ways, it's the same for trustworthy crypto sportsbooks. Many of our players tell us about sites that just haven't proven themselves to be legit.
We've applied our 20+ years of experience in the industry to doing real reviews for crypto sportsbooks. Being able to bet with Bitcoin or other crypto options is perhaps the biggest game-changer we've seen. It's convenient and gives players the ability to deposit and withdraw quicker than ever before.
That's led to an increase in popularity, but unfortunately, also an increase in sportsbooks that don't meet your standards. In this guide, we'll offer you five proven ways to ensure that an offshore sportsbook that accepts crypto is safe and legitimate.
Key Takeaways:
- A valid gaming license and company disclosure are essential. Avoid sportsbooks that are vague about their legal status or licensing jurisdiction.
- Fast, consistent payouts with verified player reports signal legitimacy; delays and unclear policies are major red flags.
- Clear bonus terms and fair rollover rules indicate transparency. Legit sportsbooks don’t hide conditions in the fine print.
- Responsive customer support and real communication channels show a site values player trust; test this before depositing.
- Legit sportsbooks are discussed positively in forums like Reddit and Bitcointalk. No player chatter often means no player trust.
Best Trustworthy Crypto Sportsbooks Best Trustworthy Crypto Sportsbooks
| Rank | Sportsbook | Top Bonus Offer | Rating | Claim |
|---|---|---|---|---|
1 |
 Est. 1994 |
50% Bonus up to $1000 |
VISIT SITE | |
2 |
 Est. 2021 |
125% Bonus up to $1250 |
VISIT SITE | |
3 |
 Est. 2001 |
50% Bonus up to $250 |
VISIT SITE | |
4 |
 Est. 2014 |
$100 in Free Bets |
VISIT SITE | |
5 |
 Est. 2024 |
Various Cashback and Odds Boosters |
VISIT SITE |
|
Sportsbook |
Ranked No. 1 Est. 1994 |
Top Bonus Offer
50% Bonus up to $1000 |
|
Sportsbook |
Ranked No. 2 Est. 2021 |
Top Bonus Offer
125% Bonus up to $1250 |
|
Sportsbook |
Ranked No. 3 Est. 2001 |
Top Bonus Offer
50% Bonus up to $250 |
|
Sportsbook |
Ranked No. 4 Est. 2014 |
Top Bonus Offer
$100 in Free Bets |
|
Sportsbook |
Ranked No. 5 Est. 2024 |
Top Bonus Offer
Various Cashback and Odds Boosters |
1. They Have a Valid Offshore License
A common theme in our list of safe crypto betting sites is the sportsbook being upfront with their location, and more importantly, their gaming license. A trusted sportsbook will always disclose who the operating company is and where its gaming license is from. This includes the country and often a registration number.
One of the biggest red flags you'll see is no specific licensing information. There may also be vague general language, which may sound professional, but offers no substance.
Pro Tip: Many offshore crypto sportsbooks base themselves in Costa Rica, where online gambling is legal, but there are no gaming licenses. This allows them to say they are fully licensed and able to operate legally, but generally, there is no direct regulatory oversight, so be especially vigilant when using one of those sportsbooks.
2. Payouts Are Fast and Verified
We've consistently found that the legit crypto sportsbooks process their BTC/ETH/USDT payouts in a matter of hours, not days. A key feature that every player looks for is an offshore sportsbook with fast withdrawals. This means it's easy to find reports on a crypto sportsbook's payout history from real players on places like Reddit, Trustpilot, and gambling forums.
One of the major signs of a scam crypto sportsbook is making excuses and causing delays when paying out. Couple this with reports of inconsistent communication and unclear withdrawal policies, and it's best to avoid.
3. Clear Bonus Terms and Withdrawal Policies
If you're looking for a clear sign of how to know if a crypto sportsbook is legit, look at their bonus offers. In particular, see how easy they make it to understand for new players. Everything important, like the rollover rules, expiry dates, and any crypto-specific limits, should be easy to find and simple to understand.
Often we find that a promotion sounds too good to be true. Diving deeper into the T and Cs shows hidden conditions or restrictions that make it difficult for players to truly benefit from.
4. They Offer Real Support and Communication
We understand that issues will arise and not everything can be perfect, and the most trustworthy crypto sportsbooks are the ones that make it easy to contact them when you need them.
In this day and age, the bare minimum you expect is a live chat and email service that is responsive and helpful, but it should also be easily accessible. The untrustworthy sites will often make you work hard just to find any "contact us" information, often diverting you to generic help pages.
Pro Tip: Test the customer support before making your first deposit. Reach out to them about crypto fees and limits to ensure they are responsive and helpful.
5. They Have a Solid Reputation in the Betting Community
Word spreads quickly in the offshore betting community. You can be sure that regular players quickly learn the legit crypto sportsbooks from the untrustworthy ones.
Look to see if your sportsbook has been discussed recently in forums like Reddit, Bitcointalk, or our community forum. If you find active discussions offering various experiences, then this can give you a real indication that the sportsbook is legit, while limited mentions and blog posts that sound like commercials are a major red flag.
For us, the gold standard is sportsbooks that transparently address player feedback online. This shows they genuinely care and want to make things better.
Signs You Should Avoid a Crypto Sportsbook
Now that you know how to know if a crypto sportsbook is legit, here's a list of our deal breakers:
- No Licensing or Company Info: Not disclosing this information suggests they either don't have a license, or there is something to hide
- Required Deposit to Withdraw Winnings: You should be able to withdraw your winnings without having to deposit more. Behavior like this suggests there may be additional obstacles to retrieving that deposit money too.
- Constant bonus spam or “too good to be true” offers: Always check the conditions. If something sounds like it's too good to be true, then it probably is.
- No presence on forums or review sites: This suggests that the sportsbook is either brand new, has no active players or works to remove negative reviews. None of which fill us with confidence over the site's trust rate.
- Wallet addresses that change frequently: While there may be genuine reasons for the wallet address to change from time to time, frequent changes are one of the main signs of a scam crypto sportsbook and suggest a lack of stability behind the scenes.
FAQs – Choosing a Trustworthy Crypto Sportsbook
You can verify a sportsbook's license by obtaining its license number and confirming it with the issuer of the gaming license.
You could use forums or reviews to verify a crypto sportsbook's payout history. Failing that, you can make a small withdrawal first to test
Yes, they are; however, only use those from our list of verified no- KYC crypto sportsbooks
The best place to research player reviews is through forums. You can look in places like the Offshore Sportsbook community forum, Reddit, or through a review site like Trustpilot
Yes, you can. Ensure the site meets all the criteria from our sportsbook verification checklist to ensure it's legit and safe
Final Thoughts – Trust Comes Before the Bet
Learning how to choose a safe betting site is one of the most important aspects of betting. Now that you know what to look out for, you can make the decision confidently.
You can use our five steps to create your own sportsbook verification checklist. Always ensure the sportsbook is licensed, has a clean history of paying out to real players, and also use real reviews for crypto sportsbooks to inform your final decision.
If in doubt, use our list of verified, trustworthy crypto sportsbooks to help guide you.
