With the 2024 Olympics just around the corner, betting with cryptocurrency might seem overwhelming. It’s natural when a new event comes, new questions arise. It’s just like to discover the Top Crypto Betting Sites for the 2024 Olympic, this year. But not to worry—CryptoTaza has made it simple for you. We’ve researched and found the best sites where you can confidently place your Olympic bets. Our guide is to find the top crypto betting platforms where you can learn about major events, and you can have a chance to grab some great bonuses and promotions.
Top Crypto Betting Sites for the 2024 Olympic Games
We’ve found the best crypto betting sites for the upcoming Olympic Games. Here’s a closer look at each recommended site to help you have a great betting experience.
1. Vave Casino
Overview:
Vave Casino, run by TechOptions Group B.V., is notable for its large selection of games and easy-to-use design. This makes it a solid option for those looking to bet on the Olympics.
Highlights:
• Games: Offers a vast collection of over 5,500 games, from slots to live dealer options.
• Sports Betting: Comprehensive sportsbook with a wide variety of sports and esports markets.
• Crypto Transactions: Enables direct purchase of cryptocurrencies with fiat.
• Cashback: Enjoy a 100% cashback offer up to 1 BTC.
• Interface: Easy to navigate on both desktop and mobile devices.
Pros:
• Extensive game and sports offerings
• Quick transactions
• User-friendly design
Cons:
• Lacks a welcome bonus
• Limited cryptocurrency options
Conclusion:
Vave Casino is great platform because it offers a broad range of games and sports betting options. This makes it a perfect choice for anyone looking for a complete betting experience.
2. BetPlay
Overview:
BetPlay, run by Lama Tech Limited and licensed in Costa Rica, is well-regarded for its generous bonuses and large selection of games.
Highlights:
• Cryptocurrencies: Supports over 10 digital currencies for seamless transactions.
• Bonuses: Up to $1,000 USDT welcome bonus and various ongoing promotions.
• Games: More than 6,000 games including slots, table games, and poker.
• Sports Betting: Broad range of sports with competitive odds.
• Poker: Features a dedicated poker section with multiple tournaments.
Pros:
• Generous bonuses
• Large game selection
• Fast crypto transactions
Cons:
• Licensed in Costa Rica
• Limited responsible gambling features
Conclusion:
BetPlay stands out for its impressive bonus offers and wide variety of games, making it a great choice for crypto bettors.
3. BC.Game
Overview:
BC.Game, a platform run by BlockDance B.V. that exclusively uses crypto, provides a diverse selection of games and betting options to suit many different tastes.
Highlights:
• Cryptocurrencies: Accepts over 80 different cryptocurrencies.
• Bonuses: Significant welcome bonus of up to $220,000 in BCG and regular promotions.
• Games: Boasts a library of over 8,000 games, including unique options like Plinko.
• Sports Betting: Covers more than 80 sports markets with competitive odds.
Pros:
• Extensive game and sports selection
• High bonus potential
• Wide cryptocurrency support
Cons:
• Limited fiat currency support
• Small withdrawal fees
Conclusion:
BC.Game delivers a varied and exciting gambling experience, perfect for those who enjoy a wide selection of games and multiple cryptocurrency options.
4. Jackbit Casino
Overview:
Jackbit Casino, run by Ryker B.V. and licensed in Curacao, is suited for crypto fans with its broad selection of games and a secure platform.
Highlights:
• Cryptocurrencies: Supports over 14 different cryptocurrencies.
• Bonuses: Features various promotions, tournaments, and VIP perks.
• Games: Over 7,000 games, including slots, live dealer games, and more.
• Sports Betting: Extensive sportsbook with coverage of 50+ sports.
Pros:
• Broad game and sports selection
• Fast cryptocurrency transactions
• Anonymous play options
Cons:
• No welcome bonus
• Lacks a dedicated mobile app
Conclusion:
Jackbit Casino offers a lively and safe environment for those seeking a variety of gaming and betting options.
5. Sportsbet.io
Overview:
Sportsbet.io, run by mBet Solutions NV since 2016, features an energetic platform with a strong sportsbook and a wide selection of casino games.
Highlights:
• Mobile App: Available for both iOS and Android devices.
• Games: Over 4,300 casino games from leading and emerging providers.
• Promotions: Regular bonuses for both new and existing players.
• Cryptocurrencies: Supports 12 major digital assets.
• Withdrawals: Fast and unlimited for cryptocurrency transactions.
Pros:
• Extensive sportsbook and game selection
• No withdrawal limits
• Native mobile app
Cons:
• No welcome bonus
• No anonymous betting
Conclusion:
Sportsbet.io is perfect for those seeking a comprehensive sportsbook and a wide variety of casino games, especially with its native mobile app.
6. ThunderPick Casino
Overview:
ThunderPick Casino, operated by Paloma Media B.V. and licensed by eGaming Curacao, offers a secure and diverse gambling experience.
Highlights:
• Security: Utilizes SSL and 2FA for enhanced security.
• Games: Over 3,500 games from established and independent studios.
• Bonuses: Includes various promotions and a VIP program.
• Sports Betting: Offers a broad range of sports and esports betting options.
Pros:
• Attractive bonuses and promotions
• Comprehensive VIP program
• Wide game selection
Cons:
• Slow customer support
• Payment method limitations
Conclusion:
ThunderPick Casino is a strong choice for those who value security and a broad range of games and bonuses.
7. MetaSpins
Overview:
MetaSpins, introduced in 2022 by Metaspins N.V., offers a contemporary platform designed for ease of use and includes unique features.
Highlights:
• Buy Crypto: Allows direct cryptocurrency purchases with fiat.
• Metaspin Feature: Spin the lucky wheel for rewards as you level up.
• Games: Over 2,500 games from popular developers.
• Sportsbook: Newly added with extensive betting opportunities.
Pros:
• Direct crypto purchases
• Frequent promotions
• User-friendly interface
Cons:
• Limited customer support options
Conclusion:
MetaSpins is a great choice for beginners looking for a simple and rewarding crypto gambling experience.
8. 22Bet
Overview:
22Bet provides a flexible platform for crypto betting, supporting various digital currencies and offering a wide range of betting options.
Highlights:
• Cryptocurrencies: Supports a variety of digital assets including Ripple, Tether, and Bitcoin.
• Sports Betting: Extensive sports coverage with unique market options.
• Casino Games: Includes popular games such as baccarat, blackjack, and poker.
• Bonuses: Offers various promotions for both sports and casino betting.
Pros:
• High withdrawal limits
• Wide range of sports and casino games
• Flexible cryptocurrency options
Cons:
• Lacks a standout welcome bonus
• Platform interface could be more modern
Conclusion:
22Bet offers a reliable betting platform with a wide selection of sports and casino options. All supported by multiple cryptocurrencies.
How We Evaluate Bitcoin Betting Sites for the 2024 Olympics
At CryptoTaza, we are sensible to providing detailed and easy-to-understand reviews of Bitcoin betting sites. This is especially important for the upcoming 2024 Olympics, where many sites will offer betting markets related to the Games. Here’s an in-depth look at how we evaluate and recommend the best Bitcoin betting sites for Olympic events.
How We Choose the Top Bitcoin Betting Sites
Accepted Cryptocurrencies
We start our review process by looking at which cryptocurrencies each betting site accepts. While Bitcoin is the most common Cryptocurrency, a great betting site usually supports a range of digital currencies. We consider:
Bitcoin (BTC): The most widely used cryptocurrency globally.
• Ethereum (ETH): Known for its smart contract capabilities and popularity.
• Litecoin (LTC): Valued for its quicker transaction times and lower fees.
• Dogecoin (DOGE): A well-known coin with a fun background and a strong community.
• Other Cryptocurrencies: Such as Ripple (XRP), Bitcoin Cash (BCH), and stablecoins like Tether (USDT).
We favor sites that offer a range of cryptocurrencies. This flexibility lets users deposit and withdraw using the digital currency they prefer.
Bonuses and Promotions
Bonuses and promotions can make a big difference when choosing a betting site. We look at the types and quality of bonuses offered, particularly those related to the 2024 Olympics. We focus on:
• Olympic-Specific Promotions: We look for sites that provide special offers for betting on Olympic events, such as bets on medal counts or individual athlete performances.
• General Bonuses: This covers welcome bonuses for new users, reload bonuses for existing users, and rewards from VIP programs.
Sites with attractive Olympic promotions and a variety of bonus options are more likely to be recommended.
Player Anonymity
Privacy is a major concern for many cryptocurrency users. We check if the site allows anonymous betting. It means users don’t need to provide a lot of personal information. The best sites:
• Do not require detailed Know Your Customer (KYC) procedures.
• Only ask for minimal information, like an email address, during registration.
• Avoid requesting ID verification, ensuring a higher level of anonymity.
Licensing and Security
Safety is very important for betting. We check if the site is properly licensed and if it has good security measures to keep users safe. We look for:
• Valid Licenses: From respected authorities such as the Malta Gaming Authority, the UK Gambling Commission, or Curacao eGaming.
• Safety Measures: The site must meet high standards for user protection and regulatory compliance.
Only sites with strong safety protocols and valid licenses make it to our list.
Payment Speed and Security
The efficiency and security of payment processes are vital for a good betting experience. We evaluate:
• Speed of Payments: How quickly deposits are processed and credited to the user’s account, and how fast winnings are withdrawn. Ideal sites process withdrawals within 24 hours.
• Security: The site should use advanced encryption (SSL), secure servers, and two-factor authentication (2FA) to protect data and prevent unauthorized access. We also check if the site uses secure storage solutions like cold wallets for cryptocurrencies.
Fast and secure transactions are essential for a smooth betting experience.
Olympic Betting Markets
We assess the variety and quality of betting markets related to the Olympics. Key factors include:
• Range of Sports: The site should cover popular sports such as athletics, swimming, and gymnastics, as well as less common sports like archery and fencing.
• Event Coverage: We look for comprehensive coverage of both major events (like the 100m finals) and lesser-known competitions.
• Special Bets: Availability of unique betting options, such as predicting total medal counts for a country or individual athlete performances.
• Competitive Odds: We compare odds across different sites to ensure users get the best potential returns.
• Live Betting: The option to place bets in real-time during events adds excitement and more opportunities to win.
User Experience and Mobile Compatibility
A user-friendly site enhances the overall betting experience. We evaluate:
• Site Layout: User-friendly interfaces and clear menus that make it easy to find and place bets.
• Mobile Access: We check the mobile versions of sites and any betting apps to make sure they work smoothly on smartphones and tablets.
Reputation and Trustworthiness
A site’s reputation is crucial for reliability. We consider:
• User Reviews: Feedback from real users on forums, review sites, and social media.
• Site History: How long the site has been in operation, any awards or recognitions it has received, and its overall industry standing.
• Fair Play: We check for a history of fair play, timely payouts, and good customer service.
Customer Support
Good customer support is essential for resolving issues and ensuring a smooth betting experience. We look for:
• 24/7 Support: Multiple support channels, such as live chat, email, and phone, with live chat being especially important for quick assistance.
• Response Times: We test how quickly support teams respond and how effectively they resolve issues.
• Support Quality: Knowledgeable and friendly staff who can help with any problems.
Popular Olympic Betting Markets with Bitcoin and Crypto
With around 10,500 athletes in 329 events across 32 sports in Paris, picking the right bets can be overwhelming. Here are five exciting events to consider:
Men’s and Women’s 100m
The 100m sprint is one of the most exciting events. For men, Noah Lyles is a top contender, but he’ll be challenged by Letsile Tebogo and Oblique Seville. For women, Shericka Jackson and Sha’Carri Richardson are the favorites, with Shelly-Ann Fraser-Pryce and Elaine Thompson-Herah also in the mix.
Men’s and Women’s 1500m
The 1500m race combines speed and stamina. Timothy Cheruiyot is a top pick for the men’s race, while Faith Kipyegon is the clear favorite for the women’s race. She is well-known as two-time Olympic champion and world record holder.
High Jump
The men’s high jump is set to be thrilling with competitors like Essa Barshim, Ilya Ivanyuk, and Maksim Nedasekau. For the women’s event, Yaroslava Mahuchikh is a top favorite, but Vashti Cunningham is likely to provide strong competition.
Soccer
Olympic soccer is set to showcase new talents, with France and Argentina leading the pack in the men’s tournament. For the women’s event, the U.S. is the top favorite, but Spain and France are expected to be strong competitors.
Swimming
Swimming events are always a highlight. The men’s and women’s 100m freestyle will draw a lot of attention, with Zhanle Pan and Mollie O’Callaghan being top competitors in their races.
Check out these exciting betting markets and make the most of your crypto betting opportunities during the 2024 Olympics!
Top Favorites for Olympic Events at Bitcoin Betting Sites
As the 2024 Olympics draw near, more than 200 National Olympic Committees (NOCs) are sending athletes to Paris. While many will compete, only a few countries are expected to win the most medals. Looking at past events, such as the 2020 Olympics (held in 2021 because of COVID), where the United States narrowly beat China, helps us predict which nations might do well this year.
Countries Likely to Shine
United States
The United States is expected to be the top medal winner at the 2024 Olympics. Historically, the U.S. does very well in track and field, especially in relay races and shot put. Swimming is another strong area for American athletes; in the last Olympics, the U.S. won 11 gold medals in swimming, compared to 7 in track and field. The U.S. also performs well in wrestling and shooting, making it a major player in the medal count.
China
Since rejoining the Olympics in 1984, China has consistently ranked among the top three nations. The country excels in diving, weightlifting, and table tennis, and Chinese athletes are also strong in artistic gymnastics. China’s success in these events suggests it will be a major contender for top positions in the medal standings.
Great Britain
Great Britain is likely to finish high in the medal rankings again. In recent Olympics, Team GB has earned a total of 196 medals, including 78 golds. British athletes are known for their success in cycling, swimming, sailing, and boxing. Their consistent performance across various sports makes them a strong competitor.
Popular Cryptocurrency Betting Bonuses for the 2024 Olympics
To get the most value from betting on the Olympics, check out the different bonuses available on Bitcoin betting sites. Here are four common types of bonuses:
Free Bets
Free bets are a common promotion where you can place a bet without using your own money. For example, a site might give you a $10 free bet if you deposit $50. This bonus allows you to try out different bets and potentially win without risking your own funds.
Matched Deposit Bonus
A matched deposit bonus means the site will match a percentage of your deposit. For instance, a 100% match bonus up to $100 means if you deposit $100, the site will add another $100 in bonus funds. This effectively doubles your deposit and increases your betting amount.
No Deposit Bonus
With a no deposit bonus, you receive bonus funds without having to make a deposit. This type of bonus is often given to new users to encourage them to try the site. For example, a site might offer a $5 bonus just for signing up, allowing you to start betting without spending your own money.
Welcome Bonus
A welcome bonus is designed to reward new users who make their first deposit. It may include a mix of free bets, matched deposits, and no deposit bonuses. For example, a typical welcome bonus might be a 200% match on your first deposit up to $200 and a $10 free bet on Olympic events.
Tips for Betting on the Olympics with Bitcoin
Given the large number of Olympic events, focusing on a few key areas can be more effective. Here are some tips to help with your betting strategy:
• Explore Lesser-Known Sports: Look into less popular sports for potential betting opportunities.
• Track and Field Realities: Fast times during the season don’t always guarantee success in Olympic finals.
• Be Careful with Boxing Bets: Boxing scoring can be controversial, so be cautious with these bets.
• Watch for Relay Race Surprises: Relay races can be unpredictable, like Italy’s surprise win in the men’s 4x100m in 2020.
• In-Play Betting Opportunities: Events like the long jump and javelin may offer interesting in-play betting chances.
Interesting Facts About the Olympic Games
Here are some fun facts about the Olympics:
• 2024 Paris Olympics: This will be the 33rd Olympiad and Paris’s third time hosting the Games, having previously hosted in 1900 and 1924.
• Modern Olympics Origins: The modern Olympics started in Athens, Greece, in 1896, inspired by the ancient Games held from 776 BC to AD 393.
• New Sports for 2024: The Games will include skateboarding, sport climbing, surfing, and breaking (urban dance), but karate, softball, and baseball will not be featured.
• Hosting Costs: The Paris Games are expected to cost over €8 billion.
• Top Performing Nations: The United States has won over 2,600 Olympic medals. Michael Phelps is the most decorated Olympian with 28 medals (23 gold), while gymnast Larisa Latynina has 18 medals (9 gold) as the leading female Olympian.
This information can help you make better decisions when betting on the Olympics with cryptocurrencies.
Getting Started with Betting on the 2024 Olympics Using Cryptocurrency
Betting on the 2024 Olympics with cryptocurrency can be straightforward. Follow these steps to get started:
• Choose a Reliable Betting Site
Start by selecting a trustworthy Bitcoin betting platform for the 2024 Olympics. Look for sites with good reviews, valid licenses, and a variety of sports and betting options.
• Acquire Cryptocurrency
If you don’t already have Bitcoin or another supported cryptocurrency, you’ll need to buy some. You can purchase crypto from exchanges like Binance or Kraken. Popular choices include Bitcoin (BTC) and Ethereum (ETH).
• Create an Account
Sign up for an account on your chosen betting site. You’ll need to provide basic information, like your email address and a secure password. Some sites might require additional verification steps.
• Make a Deposit
After registering, go to the deposit section of the site. You’ll find a unique wallet address associated with your account. Transfer the amount of cryptocurrency you wish to deposit from your wallet or exchange account to this address.
• Claim Your Bonus
Many betting sites offer bonuses to new users. Check the promotions page or enter a bonus code during your deposit to claim yours. This can give you extra funds or free bets to use on Olympic events.
• Place Your Bets
Once your deposit is confirmed and you’ve claimed your bonus, you can start betting. Navigate to the Olympics section of the site, explore the available events and markets, and place your bets.
• Withdraw Your Winnings
When you’re ready to cash out, go to the withdrawal section. Enter the amount you wish to withdraw and provide your cryptocurrency wallet address. Most sites offer quick withdrawal times.
Fiat vs. Crypto: What’s Better for Betting?
Pros of Using Cryptocurrency
• Privacy: Crypto transactions offer more privacy compared to traditional methods, often requiring less personal information.
• Security: Blockchain technology ensures secure and transparent transactions, reducing fraud risks.
• Speed: Crypto transactions are generally faster than conventional banking, especially for international transfers.
• Lower Fees: Transaction fees with cryptocurrencies are often lower than those associated with fiat currencies.
• Global Access: Cryptocurrencies are accessible worldwide, making them a good choice for users in areas with banking limitations.
Cons of Using Cryptocurrency
• Price Fluctuations: Cryptocurrencies can be highly volatile, affecting the value of your funds.
• Regulatory Issues: Crypto gambling may face legal uncertainties in some regions, affecting legality and user protection.
• No Chargebacks: Once a cryptocurrency transaction is confirmed, it cannot be reversed, which can be risky if unauthorized transactions occur.
• Learning Curve: Understanding and using cryptocurrencies can be complex for those new to digital currencies and blockchain.
• Market Risks: There are risks associated with market fluctuations, wallet security, and the overall stability of the crypto market.
Betting on the Go
Many top crypto betting sites offer mobile-optimized websites or apps. This allows you to place bets on the 2024 Olympics from your smartphone or tablet, providing convenience and flexibility.
Whether you’re using a mobile app or a site optimized for mobile devices, you can access a wide range of betting options and engage in live betting, reacting to events in real-time.
Responsible Gambling
To ensure a positive betting experience, follow these responsible gambling practices:
• Avoid Distractions: Do not gamble under the influence of alcohol or drugs.
• Set a Budget: Decide on a fixed amount for betting and stick to it. Once it’s gone, stop betting.
• Use Entertainment Funds: Only use money you can afford to lose and set aside specifically for gambling.
• Research Before Betting: Make informed decisions by researching the events you are betting on.
• Seek Help if Needed: If you feel you have a gambling problem, seek support from organizations like Gambler’s Anonymous.
Remember, always check your local laws to ensure you are following all legal requirements, including the minimum legal gambling age.
Final Thoughts on Bitcoin Betting Sites for the 2024 Olympics
As the 2024 Olympics in Paris draw near, an exciting array of betting opportunities is on the horizon. With more than 300 events spanning various sports, the Games promise numerous chances to engage in betting activities. From track and field to swimming, soccer, and beyond, there’s a vast selection of markets available for both seasoned and new bettors.
To make the most of your Olympic betting experience, it’s crucial to explore the top Bitcoin betting sites we’ve detailed. These platforms offer a range of features, bonuses, and options tailored to enhance your betting journey. Whether you’re looking for competitive odds, generous promotions, or a secure betting environment, our guide provides insights into the best sites to consider.
As the Games progress, we’ll keep this page updated with the latest information, including new betting sites, changes in odds, and any relevant developments that could impact your betting strategy. Regularly checking for updates will help you stay informed and make the best decisions as events unfold.
Prepare for a thrilling Olympic season by choosing the right betting site and staying updated with our comprehensive guide. With careful planning and timely information, you can maximize your betting opportunities and enjoy the Games to their fullest.