Sports Betting With Bitcoin in Canada
All Sportsbooks That Accept Bitcoin In Canada
Sports betting with Bitcoin is just one part of the wider cryptocurrency betting ecosystem. Many of the sportsbooks below allow players to bet using multiple cryptocurrencies, making them a great fit for bettors who want faster transactions, lower fees, and more control over their funds.
| Sportsbook | Minimum Deposit | Accepted Currency |
|---|---|---|
| Stake | No Minimum | BTC, ETH, LTC, USDT, DOGE, BCH, XRP, EOS, TRX, BNB, USDC, APE, BUSD, CRO, DAI, LINK, SAND, SHIB, UNI, Pol, SOL, and TRUMP |
| Rabona | $20 | BTC, ETH, BCH, USDT, LTC, XRP, SOL, DOGE, SHIB, TRX, and BNB |
| Roobet | $10 | BTC, ETH, LTC, USDT, UDSC, TRX, XRP |
| Pinnacle | $10 | BTC, LTC, and USDT |
| Tonybet | $75 | BTC, ETH, LTC, XRP, TRX, USDT, and ADA |
| Parimatch | $30 | BTC, BTCH, ETH, LTC, and USDT |
| RTbet | $30 | BTC. ETH, and LTC |
| Shangri la | $30 | BTC, ETH, LTC, XRP, and USDT |
Best Sportsbook for Bitcoin Users
Stake
Stake is by far the most popular choice for sports betting using Bitcoin in Canada. They offer the lowest transaction fees, with the ability to buy and sell cryptocurrency directly on its website and app.
When it comes to sports betting, odds are fairly competitive with straight lines, and betting market depth is decently varied on popular sports leagues like the NBA, NHL, and NFL. Stake also contains a casino section for those looking for a betting site that does both sports and casino games like tables and live poker.
The only downside of using Stake, is their existing user promotions and sign-up bonuses are fairly uncommon, limiting the total value that can be obtained on its sportsbook.
Already Using Stake? Here Are the Best Bitcoin Alternatives
If you already have an account with Stake and are looking for similar alternatives, the following sportsbooks are worth considering for their
TonyBet
Tonybet is a great alternative to Stake for those that aren't satisfied with the lack of bonuses and existing user promotions. Tonybet provides weekly promotions for a variety of sports, with free bet opportunities, parlay boosts, and second chance bets.
There's a lot of extra value to be had with Tonybet than can be found on Stake, with similar odds and market depth between the two sportsbooks. Tonybet also delivers much more for NHL bettors, but we do find them to be a slight downgrade for those interested in the NBA.
Pinnacle
Pinnacle is a great alternative for those seeking better odds on straight lines. For those not interested in parlays, there's no better sportsbook out there in terms of value on these markets.
One downside of Pinnacle is that the betting market variety is a lot slimmer than most, even compared to Stake that doesn't excel in that category in the first place. Another shortcoming, similar to Stake, is the lack of bonuses and promotions that provides bettors with extra value each week.
Bitcoing Sports Betting FAQ
Yes, Canadians can legally use Bitcoin to place sports bets on offshore sportsbooks that accept players from Canada. While most provincially regulated sportsbooks focus on traditional payment methods, many trusted international betting sites offer Bitcoin deposits and withdrawals to Canadian users.
Reputable Bitcoin sportsbooks are generally safe to use, provided they are licensed by recognized international gaming authorities and have a strong reputation among bettors. We only recommend sportsbooks with proven track records, secure encryption, and reliable payout histories.
Yes, most Bitcoin sportsbooks allow you to withdraw your winnings in Bitcoin, often using the same wallet you deposited with. Withdrawal times are typically faster than traditional banking methods, though processing speeds can vary depending on the sportsbook and network congestion.
Bitcoin transactions usually come with lower fees than traditional payment methods, but small network (blockchain) fees may apply. Some sportsbooks cover these fees entirely, while others pass them on to users. This is one reason Bitcoin is popular among bettors who value fast and cost-efficient transactions.
Yes. If you already have an account with Stake and want more bonuses or better odds on straight bets, sportsbooks like TonyBet and Pinnacle are strong alternatives. These sites still accept Bitcoin but cater to different bettor preferences, such as ongoing promotions or sharper pricing.
