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Ernest Masuka

Following amendments to Canadian gambling laws to allow the pastime, sports betting in the country is currently at its peak. The popularity of sports betting combined with growing cryptocurrency use has created a thriving market for Bitcoin betting in Canada. Bettors can now place wagers using crypto and enjoy increased anonymity and safety while gambling.

So, if you’re a crypto sports betting fanatic looking to wager on top sporting events, stick to this guide to find the best Bitcoin betting sites. Here, you’ll also learn how BTC betting in Canada works, popular BTC betting markets, bonuses, and more.

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200% welcome bonus up to €25,000 + 50 Free Spins

200% welcome bonus up to €25,000 + 50 Free Spins

  • Best rated new sportsbook in Canada
  • Great range of esports
  • Superb live betting coverage
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Valid from 16th February 2023. New players only. The first deposit needs to be made within 30 days from registering. Min 20 EUR deposit. The winnings from free spins are treated as a bonus, General Terms and Conditions of Lucky Block apply. You have 14 days to complete the wagering requirements of the 200% bonus.

Get INSTANT 200% deposit bonus up-to 10ETH

Get INSTANT 200% deposit bonus up-to 10ETH

  • Licensed, secure Telegram casino & sportsbook
  • Earn $TGC token as you play & withdraw seamlessly
  • Offers an excellent welcome bonus
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  • Fast payouts
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  • Perfect on Mobile
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Claim a 100% matched deposit bonus on sports up to C$500, we will match whatever your first deposit is up to C$500. Plus, you'll automatically receive a 100% matched deposit bonus in the casino on your first three deposits up to C$1,000. Players can also claim up to 100 free spins every Tuesday.

100% Bonus up to $200CAD

100% Bonus up to $200CAD

  • Excellent bookmaker for live betting
  • Large number of ongoing promotions
  • Competitive odds
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A customer is entitled to only one bonus. The minimum required deposit to activate the bonus is 1 CAD. Wager 5 times the bonus amount in accumulator bets. Each accumulator bet must contain 3 or more events. At least 3 of the events included in an accumulator must have odds of 1.40 or higher. The start dates of all of these events should not be later than the validity period of this offer.

$400 Welcome Bonus

$400 Welcome Bonus

  • Variety of games
  • Generous bonuses
  • Easy payouts
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The promotion consists of a 100% match bonus up to $400. You must make a deposit of $10 or more to claim this bonus.The deposit plus bonus amount is subject to a 5X playthrough requirement before the bonus amount, and any winnings can be withdrawn. 18+ Terms and Conditions apply.

100% up to 300 CAD

100% up to 300 CAD

  • Regular bonuses
  • Unique sports features
  • Vip Program
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Promotion availabile only for customer’s first 5 deposits to the website. All first 5 deposit bonuses have same conditions and wagering rules. So players need to know that all rules are applied for five deposit bonuses separately.

200% welcome deposit bonus of up to $1,000

200% welcome deposit bonus of up to $1,000

  • Excellent sports coverage and market depth
  • 24/7 Customer Support
  • Extensive choice of cryptocurrency banking options
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200% sign-up promotion up to $1,000. Applicable on both sports and casino using promo code INSIDERS. Wagering 40x. Minimum deposit $50. Terms and conditions apply.

150% Sports Welcome Offer Up To C$300

150% Sports Welcome Offer Up To C$300

  • Above average competitive odds
  • Great coverage of sports including cyber sports
  • Midweek reload bonuses up to 25% on deposit
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*New Players Only. Full Terms apply.

100% Up To $C150

100% Up To $C150

  • Bet on the biggest sports in CA
  • Live sports markets & Racebook
  • Wide range of slots & table games
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The bonus amount is 100% of the deposited sum (but not more than $C150 or or equivalent in your local currency). To withdraw the awarded amount, a player may need to make a ‘turnover’ required (30 times).

100% of your first deposit matched with free bets up to $500

100% of your first deposit matched with free bets up to $500

  • Free Bets, Odds Boosts and Tournaments
  • Generous promotions & Special offers on all major leagues (NFL, NHL, NBA, etc.)
  • Bet Builder available on all sports and competitions
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Register and deposit a minimum of $20 to qualify for a 100% matched deposit offer upto a maximum $500 in free bets.
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Top 10 Best Bitcoin Sports Betting Sites in Canada

As promised, we cut through the clutter to unearth the best Bitcoin betting sites you can join. Our team would never recommend a bookie they’d never use, so you can trust that the following recommendations are carefully vetted.

  1. Lucky Block – Unlimited payouts using 11 cryptos.
  2. PowBet – Use BTC to wager on 15,000+ pre-match events monthly.
  3. 1xBet – Supports over 40 cryptocurrencies.
  4. Bodog – Comprehensive BTC payment guides.
  5. Stake – Buy crypto using the in-built exchange.
  6. Weltbet – Intuitive mobile BTC betting site.
  7. Club Riches – Get impressive VIP rewards in Bitcoin.
  8. Rabona – 24/7 customer support.
  9. True North Bet – 100+ in-play football betting options.
  10. Sportaza – Low crypto deposit limits.

Our Best Bitcoin Betting Sites in Canada Reviewed

Let’s unpack our top sites for Bitcoin betting in Canada in greater detail below. Here we discuss everything from transaction speeds to rewards programs and everything in between.

1. Lucky Block – Unlimited Payouts Using 11 Cryptos

At Lucky Block, players have 10 other cryptocurrencies to pick from besides Bitcoin, and these include popular options like Litecoin and Ethereum. You can claim an unlimited withdrawal amount, and get your payouts processed within minutes, absolutely free. Add the unlimited BTC withdrawals, and you can see why it’s the number one pick.

Bitcoin Betting in Canada Lucky Block

Moving to the sports section, Lucky Block has impressive coverage of over 35 sports, with football, basketball, and esports betting on the lineup The bookie doesn’t fumble with its interface design, with a row of icons on top of the screen making for easy selection of the different sports. You can also quickly find different events using the search tool.

Lucky Block blows its competition out of the water with a well-laid-out live betting section that makes it easy to pick preferred events. Live streaming is available, automatically raising the operator’s rating, even though it’s only possible on a handful of sports. The only downside is the absence of a Bitcoin sports betting bonus, but the sharp odds, intuitive interface, and fast crypto payout, more than make up for this oversight.

Welcome Offer Wagering Requirement Minimum Deposit Maximum Withdrawal Payment Methods
100% up to $10,000 + 50 Free Spins 10% of bonus is released every time you wager 6x your deposit $20 Unlimited BTC, LTC, ETH, Tether, USDT, DOGE,

What we like:

  • Competitive odds
  • 35+ sports
  • Fast payouts via 11+ cryptos
  • Intuitive interface with search function

What we don’t:

  • No traditional payment methods

2. PowBet – Use BTC to Bet on 15,000+ Pre-match Events Monthly

Where operators like Lucky Block follow a strictly crypto gambling approach, PowBet balances the scales by including traditional payment methods like Skrill and Interac. But BTC transactions carry all the perks, including free and instant payouts.

Bitcoin Betting in Canada Powbet

Besides the sizeable payment options, Canadian players can trust they’re playing at a safe site licensed by Curacao. There are plenty of bet options for punters at PowBet, which, in turn, elevate the betting experience. A total of 32 sports are on display, and players can use their BTC to bet on over 15,000 pre-match events and 9,000+ live events.

PowBet is among the Bitcoin betting sites that haven’t gotten around to offering live betting, and it might cost them some punters. Also, a betting app isn’t available. But the mobile betting site, which offers a betting experience not too different from the desktop, is an excellent alternative.

Welcome Offer Wagering Requirement Minimum Deposit Maximum Withdrawal Payment Methods
100% deposit bonus up to $150 5x $30 $100 000 Visa, Mastercard, Paysafecard, Skrill, Neteller, ecoPayz, Postepay, Bitcoin, Litecoin, Ethereum

What we like:

  • Low wagering requirements
  • Instant withdrawals
  • No BTC withdrawal fees
  • Several crypto payment options

What we don’t:

  • No live streaming

3. 1xBet – Supports Over 40 Cryptocurrencies

1xBet deserves a seat at the table for providing players with great odds and plenty of winning opportunities. The sportsbook is well equipped with every sport you might think of, judging by the 50 options available. But what makes 1xBet stand out is its inclusion of over 40 cryptocurrencies, something very few Bitcoin betting sites can match. Canadian players have a higher chance of finding their favourite rising crypto projects featured as a payment method.

Bitcoin Betting in Canada 1xBet

As mentioned, the odds are high enough to rival those offered by big names in the industry. They’re highest in popular sports like horse racing and ball games. Another exciting feature of 1xBet is how it allows players to bet on a game, and watch it live at the same time. Add to that the live betting section supports live commentaries for increased engagement. An intuitive mobile app is available to players who want to wager on the move.

Welcome Offer Wagering Requirement Minimum Deposit Maximum Withdrawal Payment Methods
100% up to $200 5x $1 $50 000 Bitcoin, Litecoin, Dash, Monero, Ripple, Tether, ZCash

What we like:

  • High-quality odds
  • Low minimum deposit
  • Live streaming available
  • 40+ crypto payment methods

What we don’t:

  • Less generous welcome offer

4. Bodog – Comprehensive BTC Payment Guides

Bodog has had time to perfect its craft since it’s been around since 1994. Over 27 different sports betting markets, including football and motorsports, are on display. The varied betting lines, paired with the competitive odds, make it one of the best sites for Bitcoin betting in Canada.

Bitcoin Betting in Canada Bodog

Deposits and withdrawals are possible with Bitcoin, and payouts are instant and attract zero fees. Bodog has one of the most comprehensive guides, explaining how players can deposit and withdraw using Bitcoin. You’ll also find loads of info on how different cryptos work, making this a go-to bookie for newbies. Players can also access the 24-hour live chat support, so you won’t likely get stuck playing here.

Where other sportsbooks offer scraps as welcome deals, Bodog displays an elaborate up to $400 bonus applied to the first deposit. You’ll like that the bonus has a low wagering requirement, so you should turn it in no time. In addition to the signup offer, Canadian bettors can look forward to existing promotions like reloads to boost their bankroll further. Loyal customers have access to a rewards program that offers fantastic benefits depending on your tier.

Welcome Offer Wagering Requirement Minimum Deposit Maximum Withdrawal Payment Methods
100% up to $400 6x $20 $10 000 Bitcoin. Tether, Visa, Mastercard, Litecoin, Ethereum, Interac

What we like:

  • Instant BTC payouts
  • Generous welcome offer
  • Proven track record
  • Crypto payment guides to help bettors

What we don’t:

  • No live streaming

5. Stake – Buy Crypto Using In-Built Exchange

With its wide array of markets and competitive betting lines, Stake is nothing short of unique. Like Lucky Block, it adopts a mostly crypto betting approach, although it sprinkles in some fiat payment methods. Canadian players will find Stake’s in-built crypto exchange convenient, allowing them to acquire Bitcoin using MasterCard, Google Pay, Apple Pay, and Samsung Pay.

Bitcoin Betting in Canada Stake

Stake puts its thumbprint on several features, including the lucrative evergreen Bitcoin betting promotions. It has one of the highest sign-up deals that give you 200% of your initial stake up to $1 200. The trade-off is the high wagering requirements and minimum deposits.

An exclusive VIP program is open to loyal players and promises substantial monthly boosts to the consistent bettor. Deposits and withdrawals using Bitcoin are free and instant, as is the case with most operators here. Live betting is easily accessible and shows information like the number of in-play events at any given time. Stake also offers live streaming on several sporting events, a feature that elevates its betting profile.

Welcome Offer Wagering Requirement Minimum Deposit Maximum Withdrawal Payment Methods
200% up to $1,200 40x $100 Unlimited BTC, LTC, ETH, Tether, USDT, DOGE,

What we like:

  • Generous welcome offer
  • Exclusive VIP program
  • Competitive betting lines
  • Live streaming available

What we don’t:

  • High minimum deposit

Top Bitcoin Sportsbooks in Canada Compared

Below is a quick comparison guide highlighting the key features you’ll find at the best BTC betting sites in Canada. This should help you find the best fit in terms of bonuses, sports markets, and other betting features.

Sportsbook Welcome Bonus Bonus Code Sports to Bet On Live Betting Live Streaming Other Crypto Accepted?
lucky block dark 100% up to $10,000 + 50 Free Spins N/A 35+
powbet 100% deposit bonus up to $150 5x 30+
100% up to $200 5x 50+
bodog 100% up to $400 5x 35+
stake 1 200% up to $,1200 40x 40+
weltbet 125% up to $1,250 10x 30+
club riches 100% up to $300 8x 36+
rabona 100% up to $150 5x 30+
truenorth bet 2 100% up to $500 1x 34+
Sportaza 100% up to $150 5x 30+

How We Rank BTC Canada Betting Bookmakers

Given the vast number of sites for Bitcoin betting in Canada, it’s necessary to have points that guide us when picking the best one. We use objective evaluation criteria made up of key performance indicators. The metrics involved directly impact the quality of the crypto-betting experience.


The reliability and security of a betting site are top of our list when choosing a betting site. Using cryptocurrency provides Canadian bettors with a higher degree of security and anonymity. Still, we always go the extra mile to check for encryption technology, firewall protection, and the like.

Banking Limits

When checking BTC betting sites, we favour those with low minimum and high maximum deposit and betting limits to accommodate bettors with different bankrolls. As for withdrawals, bookies allowing unlimited payouts are better for players who want to cash out large amounts.

Range of Betting Options

A good variety of sports markets and an extensive range of betting are necessary for a fulfilling betting experience. Beginners will have plenty of options to kick off their betting journey, while seasoned bettors can up the ante by exploring newer and better markets.

Low or No Fees

No bettor wants to give away a huge chunk of their winnings as fees to sports betting sites. Our priority is to look for bookies with low to no fees. Fortunately, most BTC betting sites in Canada already eliminate unnecessary transaction fees for players.

Quality of Bonus Offers

A Bitcoin sports betting offer gives players extra funds to wager with and an opportunity to take the betting site for a test drive. Besides looking at the high bonus amounts and percentages, we like to go through the terms and conditions involved, to check for fairness.

Is Betting on Sports with Bitcoin Legal in Canada?

Like betting with traditional currencies, Bitcoin betting is legal in Canada. That’s firstly because transacting with Bitcoin is legal in Canada, and BTC is recognized as a commodity in the country. And where authorities can block your cards or freeze your bank accounts, users can dispense Bitcoin with no issues. Secondly, Canada made gambling on single games legal in 2021. As such, you can go ahead, and use Bitcoin to wager since transactions are fast, smooth, and very legal.

Is it Safe to Bet Online with Bitcoin?

Bitcoin betting in Canada is safe. After all, crypto is known to facilitate swift, secure and relatively anonymous payments. You don’t have to share your personal or any banking details to transact, which reduces the risk of fraud and identity theft. Then there’s the issue of Bitcoin operating in a decentralized system. It’s not linked to any bank, financial institution, or government. You can rest easy knowing your funds won’t get frozen or devalued due to government regulations.

How to Sign Up at Canadian Bitcoin Sportsbooks

There are a couple of steps involved when it comes to Bitcoin betting in Canada at a sportsbook. We’re going to walk you through the relatively simple process using Lucky Block as a reference.

Step 1: Sign Up

Go to the Lucky Block official website and create an account by completing the short registration form.

CA BTC Betting Sites Sign Up

Step 2: Set up a Crypto wallet

Select a crypto wallet and download it from the respective app store to set up your account.

Step 3: Buy BTC

With your wallet up and running, you can proceed to buy Bitcoin via an exchange like eToro. Download the app, set it up, and purchase the desired Bitcoin amount.

CA BTC Betting Sites Buy Crypto

Step 4: Deposit Bitcoin

The next step is to send Bitcoin to your wallet, where it’s kept under lock and key. Next, send Bitcoin from your wallet to the address provided by the deposit options at Lucky Block.

CA BTC Betting Sites Deposit

Step 5: Start Betting

Once your deposit reflects, pick a sport, and wager.

How to Withdraw Your Bitcoin Winnings

Cashing out your winnings is simple by using Bitcoin and is possible with the following steps.

Step 1: Withdraw via BTC

The first step is to go to the Lucky Block banking section and select the Bitcoin cryptocurrency option. Enter the amount you’d like to withdraw and follow the intuitive prompts.

Step 2: Cash Out

If you’d like to exchange your Bitcoin payout into fiat currency, you can use an exchange to move your money to an eWallet like PayPal or to your bank account, whatever is more convenient for you.

Bitcoin withdrawals are revered for their lightning-speed timelines. At the very latest, payouts shouldn’t take more than 24 hours. A leading sportsbook like Lucky Block promises to settle your Bitcoin payout in less than an hour.

How Does BTC Betting in Canada Work?

Bitcoin betting in Canada can be an intimidating process to comprehend for first-timers, but it’s not that complex. In fact, it’s pretty simple and involves creating a Bitcoin wallet, acquiring BTC via an exchange, then making a deposit at the sportsbook you intend to wager at. Once you move funds from the wallet to the sportsbook account, you can pick a sport like football, and choose an event to bet on.

The bookie converts the Bitcoin into CAD when you place your wager. So, when you deposit BTC, you won’t see coins in your account balance. Instead, you’ll see the CAD equivalent of the number of Bitcoins you deposited. Essentially, while you wager, you’ll be using traditional currency. But once you decide to withdraw, the sportsbook converts the CAD back into Bitcoin and sends them to the BTC address you provided.

Popular Bitcoin Betting Sports Markets

To maximize the success of your betting experience and make informed wagers, it’s pivotal to be familiar with all the betting markets, or at least the popular ones. Below is a list of the common BTC sports betting markets and how they work.


A Moneyline bet is probably the simplest of them all. It involves simply picking a side that’ll win the game. You can either pick a team or an individual player you think will win the match. So, to get your stake plus winnings, the bettor’s selection must win. If the team or player you bet on loses, the sportsbook keeps your stake. When the outcome is a tie, the sportsbook returns your stake, and it’s as if the bet never happened.

Spread Betting

Spread betting is slightly different from Moneyline because the sportsbook uses a handicap to level the playing field. Instead of leaving the outcome to chance, the operator theoretically levels the odds on both sides to give both teams an equal chance of winning. The idea is to avoid a situation whereby all bettors wager on one team only.


Not sure which team will win or lose? Try the Over/Under wager. With this bet, it doesn’t really matter which team will win. Rather, the bettor must predict whether the total combined outcome of the teams involved will be higher or lower than the pre-agreed score set by the bookie.


As you progress during your betting journey, you may want to switch things up, and parlays help you do just that. Instead of a single wager, you place multiple bets and combine them into one. A move which increases the odds and results in a higher payout.

What About Live Betting with Bitcoin?

Live betting goes by several names. Some sites for Bitcoin betting in Canada call it in-play betting, while others refer to it as in-game betting. Whatever the case, the terms mean the same thing—you bet while an event is already underway.

As you can imagine, that’s different from a pre-game wage which involves betting before the sporting event starts. Since you’re essentially placing live bets mid-action coupled with fluctuating odds, you need to be able to make quick betting decisions if you expect a profitable run in this area.

Bets Available at Bitcoin Bookmakers

Bitcoin betting in Canada generally involves most of the above-mentioned bet markets offered by our top betting sites. The table below summarises the bet types and shows their availability at the different top bookies.

Sportsbook Moneyline Props Spreads/Totals Parlays Futures Alternative Spreads/Totals Same-Game Parlays
lucky block dark
stake 1
club riches
truenorth bet 2

Our Best Betting Tips for Bitcoin Punters

To keep things competitive while betting with Bitcoin in Canada, it’s imperative to know the ways you can win different sports bets. Making the right picks and balancing your bankroll is the ideal outcome. We give you a few tips that you can use to make the most out of your winning opportunities:

  • The very first thing is to understand Bitcoin and its basics. Get familiar with how Bitcoin betting in Canada works and how you buy, sell, and store Bitcoin.
  • Next, you must have sound knowledge of the sport you’re betting on. Find out what the game is about. Grasp the rules, teams playing, and other mechanics to keep your wagers up top.
  • Effective bankroll management is also crucial for successful Bitcoin betting. Set aside funds you use solely for betting, know when to continue, and when to call it a day.
  • Joining a quality BTC sportsbook of merit should make for an entertaining and profitable bet experience.
  • Last but not least, be patient with your betting. Due to its volatile nature, return from Bitcoin may be inconsistent, so don’t throw in the towel when things don’t appear to be going your way.

Popular Sports to Bet on with BTC in Canada

There’s a legion of sports out there that players in Canada can bet on. But of course, some are more popular than others. Below is a list of sporting leagues and tournaments that attract the majority of Canadian punters.


Ice hockey is the number one sport in Canada, so it makes sense that it’s the most popular sport to bet on. Millions of ice hockey fans in Canada can wager on several leagues, with the NHL betting being the most popular. Here, players can wager on over 100 different betting markets, and in-play betting is also possible.


Football is hot on the heels of ice hockey, and the Canadian Football League is quite popular. This league doesn’t have international appeal, but it’s certainly a hit among Canadian punters. 9 teams typically compete in this league and play 18 games each over 21 days. Players have a wide range of betting markets to pick from, including props and score props.


Even though basketball has grown to be popular around the world, it remains at its peak in North America. Canada has produced some of the finest basketball stars playing in the NBA, from Jamal Murray to Steve Nash. Canadian fans rally behind the Toronto Raptors, the only team to have made it to the NBA and bagged the championship title in 2018 and 2019 consecutively.

Major League Soccer

Soccer is also prominent among bettors in the country and has many Canadian teams playing in Major League Soccer. Toronto FC and CF Montreal are just but a few examples. Soccer will always remain a popular sport to bet on, considering it has so many markets to wager on.


Considered a niche sport in most countries, Lacrosse is high up there with ice hockey and the lot in Canada. It’s no surprise since it’s Canada’s national sport. And the country has won the Lacrosse World Championships three times, so bettors are more than happy to back the sport and put their money on the line.

Bonuses and Promos When You Bet with BTC

With the growing popularity of Bitcoin betting in Canada, numerous sportsbooks have launched, all wanting you to sign up with them. One way they try to outcompete their competitors is by offering new player bonuses and ongoing promotions. Below are the popular bonus types.

Bonus Type About Recommended Site
Welcome bonus This bonus is only available to new players who register with the sportsbook. It’s mostly made available as a deposit bonus where the bookie matches your initial deposit up to a certain amount. stake 1
Ongoing promotions Ongoing Bitcoin betting promotions target existing players. Sportsbooks use them to keep their registered users happy and engaged. Reloads, cashbacks, and parlay boosts are just some examples of ongoing promos. lucky block dark
No deposit bonus Bettors don’t need to deposit funds to receive the no deposit bonus. They can use it to try out a bookie with zero risk. Sportsbooks offer it for free to lure new players, but it rarely comes by often. N/A

Sign-Up Bonuses Compared

Below we compare the signup offers for our top ten sites for Bitcoin betting in Canada.

Bookmaker Sign-Up Bonus Bonus Code Wagering Min. Deposit Bitcoin? Expiration
lucky block dark 100% up to $10,000 + 50 Free Spins N/A 10% of bonus is released every time you wager 6x your deposit $20 N/A
powbet 100% up to C$150 N/A 5x C$30 7 days
100% up to C$200 N/A 5x C$1 30 days
bodog 100% up to C$400 N/A 5x C$20 180 days
stake 1 200% up to C$1200 N/A 40x C$100 30 days
weltbet 125% up to C$1250 N/A 10x 7 days
club riches 100% up C$300 N/A 8x C$20 30 days
rabona 100% up to C$150 N/A 5x C$30 10days
truenorth bet 2 100% up to C$500 N/A 1x C$10 60 days
Sportaza 100% up to C$150 N/A 5x C$30 7 days

Benefits of Betting with Bitcoin Online

Even though cryptocurrency is not fully understood by many, it has found a home in sports betting. An increasing number of betting sites are accepting Bitcoin, and it’s mostly because of the following reasons:

  • Cryptocurrency generally provides a level of security and privacy that no other fiat payment method does. Bitcoin is unregulated, so bettors have control over their funds as they wager.
  • Most BTC betting sites allow bettors to wager larger stakes and equally make larger withdrawals. So, if you’d like to wager without having to deal with restricted betting limits, Bitcoin is the way to go.
  • When betting with Bitcoin, you can place bets and make withdrawals faster than with any other payment method. You can deposit Bitcoin and place wagers with it as soon as it hits your digital wallet.
  • Bitcoin betting in Canada, in general, carries less risk than when you wager with traditional payment methods. Since Bitcoin is volatile, most bookies convert it to CAD when you place a bet which shields the cryptocurrency from volatility. You don’t have to worry about the value of your bet suddenly dropping soon after you win a major bet.
  • When Bitcoin betting in Canada, you don’t have to deal with absurd fees. Most sportsbooks go as far as eliminating the minimal cost to allow free Bitcoin deposits and withdrawals.

The Best BTC Wallets for Betting Online

Crypto wallets are an integral part of buying, selling, and storing cryptocurrencies. It’s in these wallets that traders can store their Bitcoin securely and validate any transactions. Technically, these wallets, don’t really hold currency, but private keys which enable you to make transactions. The private key is created when you set up an account and can’t be backed up anywhere, so if it’s lost, it can’t be retrieved. Also, anyone with access to it can spend your cryptocurrencies. Crypto wallets come in different types. While they serve the same purpose, more or less, they have some nuances. Below we list the most popular types:

  • Web wallets – With web-based crypto wallets, your private keys are stored on a server online. It’s controlled by a third-party cryptocurrency exchange such eToro. You can access your funds on the web wallet as long as you’re connected to the internet.
  • Hardware wallets– These are secure physical devices that look similar to a USB stick. Most feature biometric locks to up security and are believed to be the most secure of the bunch. To retrieve cryptocurrency, you must connect the device to the computer.
  • Paper wallets: Paper wallets are physical printouts containing your private keys. They feature random QR codes used to re-generate the keys.
  • Installed wallets: As the name suggests, you install the wallet application on your laptop, mobile device, or desktop to carry out crypto transactions.

Bitcoin Canada Betting Mobile Sites & Apps

Most online sports betting action happens on mobile devices. It makes sense, considering the convenience mobile betting brings to users. That’s why the best BTC betting sites in Canada design apps for Android or iOS mobile devices. Those without apps adapt their sites for mobile use, and bettors can access the operators via mobile browsers.

Ideally, mobile sites and apps give bettors the full range of features they’d normally be privy to when using the desktop site. That means bettors can register, wager, deposit, withdraw, and participate in promotional offers on handheld devices. In addition, mobile apps and sites also support features like live betting and streaming.


Bitcoin betting is on the rise in Canada as more bettors look to enjoy a secure, safe, and anonymous wagering experience. Players can withdraw winnings instantly, making Bitcoin one of the fastest payout methods. Your overall Bitcoin betting experience goes hand in hand with the operator you chose, and our money is on Lucky Block. This leading crypto betting site impresses with extensive sports coverage, quality odds, and a plethora of betting options, to name a few perks. Sign up today and experience it for yourself.


What is the best BTC betting site in Canada?

How much do I pay in BTC fees?

How do I wager at a BTC sportsbook?

How do I pick the right BTC sportsbook?

Is using Bitcoin for betting legal?


Ernest Masuka

Ernest Masuka is a casino gaming expert, having worked as a casino floor manager and written in-depth online gaming guides and reviews for the past 5 years. He joined SafeBettingSites as a freelance content writer in 2022 and is now a full-time contributing writer. He previously worked for publications like Silentbet and TopBettingSites.