Excellent Service and Easy-to-Use Platform
Betting with crypto is much easier than you might think, and the best Monero sportsbooks make it as simple as possible. All of our recommended sites are easy to use and work on a variety of different devices. You can sign up and start placing bets straight away, making the most of features like live streaming, mobile compatibility, and live chat.
Why Gamble with Monero: Advantages
Lightning Fast Transactions
One of the main advantages of cryptocurrencies like XMR is that it allows you to transfer money incredibly quickly. You don’t have to wait around for your deposit to arrive or for your withdrawal to finally reach your account. Transactions can take up to a few minutes to confirm, at which point you’ll have your funds available to use. Compared to fiat payments, it’s much faster and less of a hassle, making Monero betting sites incredibly popular.
Decentralized: No Middleman
Monero is a decentralized cryptocurrency, where the coin itself isn’t owned by a bank, organization, or government. This means users have full control over their funds, and they can’t be frozen or seized without access to the private keys of the wallet they’re held in. Decentralization also removes the middleman, making transfers cheaper and faster.
Anonymous and Private
Monero stands out from other cryptocurrencies in that it offers truly anonymous and private transactions. Ring signatures, stealth addresses, and IP address obfuscation are all used to ensure that your transactions are completely anonymous, despite being recorded on a public ledger. This means you can gamble privately without others being aware of your spending.
Global Use
You can use XMR anywhere in the world, and it works the same everywhere you go. If you want, you can use it to send money across borders with no issues due to currency conversion. This means you can sign up to offshore sites easily and make deposits and withdrawals without any issues.
More Impressive Bonuses
A lot of cryptocurrency and Monero betting sites are able to offer bigger and better bonuses due to saving costs from traditional payment providers. You can make the most of big matched deposit offers, free bets, and other great promotions simply by signing up and making your first deposit with Monero.
Disadvantages
No Reversals
Decentralization means no middleman, more control, and fewer costs. However, this also means that if something goes wrong, you won’t be able to reverse the transfer. If you fall victim to fraud or send your crypto to the wrong address, there’s no way to get it back. This makes it even more important for you to only use trusted sites and to check your address before confirming any transfer.
Volatility
Cryptocurrency prices can be incredibly volatile, with changes of 10% or more in a day not uncommon. This can be both good and bad, as price increases can mean you have more funds to bet with, while decreases can mean you lose money. Some bettors prefer using Tether and other stablecoins to avoid this volatility.
No Controlling Bodies
Traditional sportsbooks are licensed and regulated by gambling commissions, which helps to make them safer. Players need to provide ID and personal information to join, but the trade-off is a higher level of trust. Although Monero betting sites are still licensed, it´s usually from offshore regulators, which don´t apply the same strict rules. This can make it easier for rogue sites to operate, which makes it more important to always use the trusted and reputable sportsbooks that we recommend.
Monero Betting Bonuses
When you sign up to bet online, don´t forget to look out for bonuses. These are special promotions offered by sportsbooks to encourage new people to sign up and start betting. All of our recommended sites offer welcome bonuses to new users, as well as regular betting promotions. Before you claim a bonus, always be sure to read the full terms and conditions. Here are some of the most popular that you can expect to find:
Matched Deposit Bonuses
Matched deposit bonuses boost your bankroll, giving you more money to bet with when you first sign up. For example, a 100% matched bonus will double your deposit up to a specified amount. All you need to do to claim is make a qualifying deposit.
No Deposit Bonuses
No deposit bonuses are even easier to claim, as you don’t even need to make a deposit. As soon as you sign up, this bonus will be waiting for you to bet with. You can use the funds to place bets, but you’ll need to make a deposit before you can withdraw any winnings.
Free Bets
Free bets give you a token or bet credits which can be applied to your betslip in place of your Monero. A lot of sportsbooks give out these bonuses to new and current bettors, giving them a way to place bets without taking any risk.
Bet Boosts
Bet boosts instantly increase the odds of your chosen bet, letting you find more value and increase your potential winnings. You can apply them to any bet, and you get to keep any winnings made if your bet is successful.
Top Sports and Leagues
Monero sportsbooks offer odds on all the latest sporting action from around the world. You can bet on top sports leagues as well as niche events, and there´s always something available to bet on, no matter what time of the year it is. Some of the most popular betting options include:
• Football (NFL)
• Soccer (Premier League, Champions League, La Liga)
• Hockey (NHL)
• Basketball (NBA)
• Baseball (MLB)
• Tennis (Grand Slam tournaments)
Popular Monero Markets
Just as there are loads of sports to bet on, XMR betting sites also offer plenty of different markets. These include:
• Moneyline/match winner
• Over/Under
• Point spread
• Half and quarter bets
• Player and team props
• Futures
• Parlays
• Same-game parlays
• Live betting
Comparing Odds at Monero Sportsbooks
If you want to consistently make a profit, you need to always be taking the best possible odds. Although the odds between sportsbooks are similar, you can find a lot of differences if you compare regularly. It’s a good idea to always check which site has the best odds before you place your bet, that way, you can maximize your potential winnings. When we review Monero betting sites, we always check to see whether it offers fair odds and how it compares to our other recommended sites.
How to Deposit and Withdraw
Deposits
1. After signing up, head to the cashier or choose the deposit button on the homepage
2. Choose Monero from the available options
3. Copy the unique XMR address and paste it into your crypto wallet
4. Choose how much you’d like to send and double-check the address before confirming
5. Your deposit should arrive within a few minutes at most
Withdrawals
1. Copy the Monero address of your preferred crypto wallet
2. Log into your sportsbook account and choose the withdrawal option
3. Select Monero and paste the address before entering how much you’d like to withdraw
4. Confirm the withdrawal and wait for the funds to reach your wallet
Mobile Monero Betting
Monero betting is available wherever you go, thanks to mobile technology. All of the top sportsbooks are fully accessible on mobile, meaning you can place bets on sports no matter where you are. You never have to miss a betting opportunity again, as you can log into your preferred site, make a deposit and place a wager all from your smartphone or tablet.
Customer Service and Support
Customer service is an important aspect of any sportsbook, and it’s a good indicator of how trustworthy a site is. Our recommended sites all make it easy for you to get in touch with the support team if you have a question or issue. 24/7 live chat, FAQ pages, email support, and even social media pages are all available for you to contact someone if you need help.
Safe Online Gambling with Monero
Gambling should always be entertaining and make sports more exciting. The key to having fun is to bet responsibly. You shouldn’t let yourself get carried away or bet more than you can afford to lose. If you find you’re spending too much time or money on sports betting, it may be time to take a break. All of our recommended sites encourage responsible gambling, providing tools that you can use to stay in control if needed.
Signing Up and Making Your First Bet
Now you’re almost ready to start betting. All you have to do is follow these simple steps:
1. Choose one of our top-rated sportsbooks and sign up
2. Make your first deposit using Monero and claim your welcome bonus
3. Find the sporting events you want to bet on and choose a market to add it to your betslip
4. Enter your stake and confirm the bet to place it
5. Watch the game live and see if you’re lucky enough to win!
One of the best crypto sports book 2024.
