Crypto Sports Betting - Bitcoin Sports Betting

What Is Bitcoin Sports Betting (2025)?

Bitcoin sports betting is just like regular sports betting, but instead of wagering using fiat money like USD or EUR, you use BTC. You lay down your bitcoin to make predictions about the outcomes of sporting events. If your prediction is correct, you win! Your winnings are calculated based on the number of bitcoins you wagered and the odds you locked in when you placed the bet.

The odds are based on our analysis of the likelihood of your wager winning and often shift when players start betting. Bitcoin betting odds reveal two critical pieces of information: your potential winnings and your implied probability.

For example, if you bet BTC 0.005 on the Los Angeles Lakers to beat the Denver Nuggets at +150 odds, then your potential winnings are BTC 0.755 (0.005 X 150 + initial BTC 0.005 bet). In this example, the Lakers have a 40% implied probability of winning.

Your goal as a bitcoin sports bettor is to find opportunities where the implied probability is much lower than reality. If you think Lebron is on a heater and is going to put up 35 points against the Nuggets and Jokic is looking a little sluggish, you might conclude that the Lakers have a 55% chance of winning the game, making +150 odds great value!

Advantages of Bitcoin Online Sports Betting

So what makes us one of the best bitcoin betting sites? Bombastic offers an incredible range of BTC sports betting markets and gives you the freedom to wager on all aspects of a game. Every day, hundreds of events take place around the world. We offer odds for football, soccer, basketball, boxing, MMA, horse racing, and more. Start betting on your terms now!

Do you want to share in the excitement of winning athletes? With bitcoin sports betting at Bombastic, you get the opportunity to win crypto prizes and transform even the most boring game into a must-watch TV. Your sports viewing experience will never be the same!

Are you tired of waiting days or even weeks for your sports betting winnings? Bombastic solves that problem! We process withdrawals virtually instantly, and your crypto will hit your wallet in under 10 minutes. This makes us a top choice among bitcoin betting sites.

What Sports Can You Bet on with Bitcoin?

Betting with crypto doesn't mean you're stuck betting on crab races in Timbuktu. The best bitcoin gambling sites give you instant access to hundreds of daily live sporting events from all over the globe. Right now, you can bet on 30+ sports, including:

• Football
• Basketball
• Tennis
• American Football
• Motorsport
• MMA
• Boxing
• Rugby
• Cricket
• Ice Hockey
• Handball
• Table Tennis
• Volleyball
• Aussie Rules

On the same day, you can go from betting on the F1 in Monaco to an MLB game in New York to a Premier League match in London. You have access to 20+ football leagues alone and can bet on every single NBA and NFL game throughout the regular season and playoffs which is perfect for sports fans. The opportunities of using bitcoin for sports betting are virtually endless!

What Crypto Betting Options Are Available?

Bombastic doesn’t just give access to world-class sporting events and leagues from countries you couldn’t have placed on a map; we also let you bet on every aspect of a contest. It doesn’t matter if you want to wager on a particular player’s performance (prop bets) or want to bet on your country winning the football World Cup, everything is possible! Here are some of the top betting markets you can enjoy at Bombastic:

1X2

With a 1X2, you bet on Team A to win, a draw, or Team B to win. For example, you bet on Real Madrid to defeat Barcelona. If you are new to sports betting, then this is a great market to start with.

Over/Under

With an over/under bet, the sportsbook picks a particular game stat and then sets a line. You need to predict if the result will be higher (over) or lower (under) than the sportsbook's line. For example, you could bet on Luka Doncic scoring over 28.5 points in his next game or bet on Tyson Fury’s next fight lasting under 7.5 rounds.

Futures

With a futures bet, you're predicting the outcome of a multi-stage sporting event. For example, you might bet on the Buffalo Bills to win the Super Bowl or Man City to win the EPL.

Handicap

With handicap betting, you'll see a +/- points or goals handicap on a team. Basically, you need to figure out who is going to win and by how much. If you bet on Seville to beat Real Madrid with a +1.5 goal handicap and Seville loses 1-2, your bet pays out.

Parlay - Parlay bets with crypto

With a parlay, you make multiple sports bets and combine them into a single betting slip. All of the odds are combined together, and you only win if all of your predictions are correct. For example, you bet on Man City beating Man Utd, Tottenham beating Liverpool, Djokovic winning the French Open, and Verstappen winning the Monaco GP.

With so many different bitcoin sports betting markets available, there are always incredible crypto sports betting opportunities at Bombastic. You really have the freedom to bet on your terms!

Bet on live sports with Crypto - Bitcoin live betting

Did you miss the kick-off? Don’t worry! With crypto sports betting live, you can keep wagering deep into the second half or 4th quarter. A live bet refers to any sports bet made once the game has started, while a pre-match bet refers to any wager made prior to the sports event commencing.

Bombastic has bitcoin live betting markets for 30+ sports, and you can use all of your classic markets and some unique bet types. Live betting adds a whole new dimension to sports betting with bitcoin: the dynamic odds are constantly shifting up and down based on the action on the pitch. If the Jets score a few early touchdowns against the Bills, they can suddenly go from being a big underdog to a strong favorite - and vice versa.

With bitcoin live betting, you can watch the two teams square up against each other, analyze their different strategies, see which players are in form, and then make your prediction. This helps improve your overall accuracy.

Another great aspect of making live crypto bets is you can keep betting throughout the whole match. Let’s say you make a pre-match over/under wager on a UFC fight going under 1.5 rounds. Just because the fight goes into the 2nd doesn’t mean you have to switch off the fight. Instead, make a live bet on Fighter A winning by submission or the fight going to the judge’s scorecards.

How to Use Bitcoin for Sports Betting

Betting with Bitcoin is easy at Bombastic Crypto Casino. Create an account and get Bitcoin through an exchange or on our site. Deposit Bitcoin into your Bombastic account by copying and pasting the wallet address from our platform into your exchange or wallet. Confirm the transaction and wait a few minutes for the funds to show up. Once you have Bitcoin in your account, browse the markets, place your bets and enter the amount of Bitcoin you want to bet. When you want to withdraw your winnings just enter your Bitcoin wallet address and confirm the withdrawal.

Here is a step-by-step list you can follow:

How to Create a Bombastic Account

Create a Bombastic account if you don't already have one.

Acquiring Bitcoin for Betting

If you don’t have any bitcoin, you can either sign up to an exchange to deposit money to a bitcoin exchange (via e-wallet, credit/debit card, or bank transfer), or you can buy your bitcoin directly through our site and skip to step 8.

Depositing Bitcoin to Your Bombastic Account

Hit the deposit button and copy the wallet’s address.

Transferring Bitcoin from Your Exchange or Wallet

Head back to your crypto exchange account or bitcoin wallet and hit the withdraw or transfer button.

Ensuring Accuracy When Entering the Wallet Address

Paste the sportsbook’s wallet address (be very careful because if you enter the wrong address, your BTC may be lost forever).

Confirming Your Bitcoin Transaction

Confirm the transaction.

Waiting for Bitcoin to Arrive in Your Account

Wait for your BTC to arrive in your crypto betting site account (it should only take a few minutes).

Placing Bets on Bombastic

Search through the different betting markets, tap on a sport, select a bet type, and make a prediction. For example, you might bet on Arsenal to defeat Chelsea in the EPL.

Entering Your Bet Amount

Enter the amount of BTC you wish to wager and submit your bet.

Withdrawing Your Crypto Betting Winnings

To withdraw your crypto betting winnings, simply tap the withdrawal button, enter the number of BTC you wish to cash out, and type in your bitcoin wallet’s address (you can withdraw to your crypto exchange’s account if you don’t have a dedicated bitcoin wallet).

As you can see, sports betting with crypto isn’t complicated and isn’t much different than using traditional currencies. But if you're using a crypto exchange, always triple-check you're entering the correct bitcoin wallet address.

Why Bet on Sports with Bitcoin at Bombastic

It doesn’t matter if you're a high-roller sports bettor or starting small and betting with crypto is a new experience. Bombastic offers unique sports betting markets from all over the world, including thousands of weekly live games, including everything from the EPL to F1 to the NBA. As a premier crypto sportsbook, we cater to all types of sports bettors, offering competitive odds and a variety of betting options.

Thanks to our use of the latest technology, we can deliver a unique social experience. So join the Bombastic community today and use your bitcoin to make game predictions and experience sports bets with crypto in a whole new way!

Understanding the Different Odds Formats at Bombastic

When it comes to sports betting at Bombastic you need to have a solid understanding of different betting strategies, and one of the key aspects is understanding different odds formats. Bombastic odds represent the probability of an event happening and the potential return on a bet. Here we will go through the three main odds formats: Decimal, Fractional and Moneyline, designed for the crypto community.

Decimal Odds

Decimal odds are used most at Bombastic, especially by our European, Canadian and Australian players. These odds are simple and easy to understand, that’s why they are popular among new players. The decimal number represents the total payout, not just the profit. For example, with odds of 2.50, a 0.01 BTC bet would result in a total payout of 0.025 BTC (your 0.01 BTC stake plus 0.015 BTC profit). Decimal odds make the calculation of returns easy and are loved for their clarity in our crypto betting platform.

Fractional Odds

Fractional odds are used by our UK and Irish players and are expressed as fractions (e.g. 5/1 or 2/5). These odds represent the profit you will get for your stake. For example, betting 0.01 BTC at 5/1 would give you 0.05 BTC in profit plus your 0.01 BTC stake, for a total of 0.06 BTC. Odds of 2/5 mean you need to bet 0.05 BTC to win 0.02 BTC, plus your 0.05 BTC stake, for a total of 0.07 BTC.

Moneyline Odds

Moneyline odds used by our American players are more complex. They are expressed as a positive or negative number. A positive number is the profit for a 0.01 BTC bet, a negative number is how much you need to bet to win 0.01 BTC. For example, with odds of +200, a 0.01 BTC bet would give you 0.02 BTC in profit, plus your 0.01 BTC stake, total 0.03 BTC. If the odds are -150 you need to bet 0.015 BTC to win 0.01 BTC, total 0.025 BTC.

‍