No KYC. Instant withdrawals. No bet limits. Here's how crypto casino sports betting compares to traditional sportsbooks — and why bettors who switch rarely go back. Bet at Housebets today.
Before the advent and popularity of cryptocurrencies, there was only one way to place bets on sports online, which was the use of your local currency at your favourite traditional bookmaker.
However, since the advent of cryptocurrency, starting with Bitcoin, the landscape of online sports betting has changed, with the launch of many crypto-powered casinos, including Housebets.
While there are still plenty of traditional sportsbooks online, crypto casinos, like Housebets, are now considered the present and future of online sports betting.
In this piece, we will take a look at the difference between crypto sports betting and traditional sports betting and why you should use Housebets – a crypto-powered online casino platform – to place your bets on sports.
Housebets remains the home of sports betting, including the 2026 FIFA World Cup, which is underway.
To place your bets on your favourite sports at Housebets, log in to your account (or create one if you don't already have one), deposit your preferred cryptocurrency, then go to the sports section to bet on any event you like.
With that said, let us break down the difference between sports betting at crypto casinos and sports betting at traditional sportsbook platforms.
Crypto sports betting is the act of placing bets on any sports at your favourite crypto casinos through the use of Bitcoin (BTC), Ethereum (ETH), or Tether (USDT) instead of traditional fiat money (like USD or EUR).
Unlike a traditional sportsbook platform, you can only place bets using cryptocurrencies in crypto sports betting.
A crypto casino is an online gambling platform that supports cryptocurrencies as payment. Online casinos that support cryptocurrency work in nearly the same way as regular online casinos, the only difference being the currency used in those casinos.
In the same way as regular casino platforms, players sign up for accounts, make deposits, and bet on their favourite games. In this case, they do not use fiat currencies like USD and EUR but carry out deposits and withdrawals via cryptocurrencies such as Bitcoin, Litecoin, Ethereum, and Dogecoin.
Having explained what a crypto casino and crypto sports betting are, it is only right to explain what a traditional sportsbook is.
An online traditional sportsbook is an online betting platform that only accepts traditional currencies like the dollar ($) or the pound (£) for placing bets. Unlike crypto casinos, the traditional sportsbooks accept local currencies in whatever country they operate in.
Privacy
One of the most well-known benefits of using crypto in online gambling is the level of privacy it provides. Traditional sportsbooks often ask players for private information, such as their credit card details, which can be of concern to some players. In contrast, crypto transactions do not require users to disclose their personal data, allowing them to gamble with enhanced privacy protections.
Read More: Crypto Gambling Guide: Benefits of Crypto Gambling
Security
Due to blockchain technology, cryptocurrency boasts unmatched security for online betting. While conventional banking methods depend on centralised financial institutions, cryptocurrencies work on a P2P (peer-to-peer) network. Simply put, that means crypto transactions are recorded and verified by multiple participants, which makes it extremely difficult for any single entity to access or tamper with private information.
For example, Housebets offers an additional layer of security that ensures players’ funds are secured.
Global Access
Cryptocurrency is void of geographical boundaries, allowing players from around the world to make deposits and withdrawals without any unnecessary hassles.
Housebets, for example, accepts a wide range of cryptocurrencies, allowing players to make their choice without boundaries.
Meanwhile, many traditional sportsbooks only accept deposits and pay out in the local currency of the region where they operate.
Lower transaction fees
Crypto transactions typically come with lower fees compared to traditional banking methods, allowing players to maximise their winnings. Unlike conventional banking transactions that involve a middleman, the removal of mediators in crypto transactions also results in the reduction of fees.
Larger Bonuses
While traditional sportsbooks do offer bonuses, it does not compare to what crypto casinos offer to their players. Crypto casinos offer more bonuses than traditional sportsbooks, which is another way of attracting new customers
For example, Housebets offers a deposit bonus of up to $1,000 for new users who register on the platform.
Now that you know the advantages of crypto sports betting, what are some of the best cryptocurrencies for sports betting at crypto casinos like Housebets?
Read More: How to Deposit Crypto on Housebets — Step-by-Step
Before you start placing bets with cryptocurrencies at Housebets, you need to deposit the preferred cryptocurrency of your choice into your Housebets account. You can do that by following these simple steps:
Read More: How to Deposit Crypto on Housebets — Step-by-Step
Housebets is built for the elite. We offer a data-driven reward system built for high-stakes players who value transparency and control.
In addition, we've got unbelievable rewards and amazing bonuses, including a 100% matched welcome deposit bonus up to $1,000. Check out some of our generous rewards, bonuses, and VIP programs.
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