Decentralized Sports Betting – Complete Guide

With so many betting options available in 2024, it’s no wonder that players are looking for the best deals. With the advancement of decentralized Sports betting sites, there’s a new dimension for all the lovers of games like CS: GO, Dota 2, Overwatch, League of Legends.

ESL and other eSports competitions and tournaments are getting more widespread in the betting world, so why not make use of the best of both worlds and combine no-KYC decentralized betting with the best eSports markets? In this guide, our team will show you the best decentralized eSports betting sites, their benefits, and how to place your first wager.

Best Decentralized eSports Betting Sites

What You’ll Learn From This Guide

• What decentralized eSports betting is
• How to place your first crypto eSports wager
• What to look for in a valuable gambling platform
• How we rate the best decentralized betting sites

Top Decentralized Betting Sites 2024

We know you don’t have much patience when it comes to learning about the best decentralized eSports betting platforms out there, which is why we wanted to cut your worries right off the bat. You can take a look at our list of the top five sites for eSports bettors in 2024, and we’ll also give you a short description of the top 3 picks:

• BC Game
• TrustDice
• Stake.com
• Wolfbet
• Winz.io

BC Game

As our personal favorite, we have BC Game as a casino site with an impeccable selection of gaming events you can wager on, including eSports. The site comes with a massive welcome bonus for new players, and as you can see from our BC Game review, you can even deposit $10 or equivalent in crypto to bet which makes the site affordable for low-rollers.

On top of that, the platform offers all sorts of popular eSports betting markets with CS: GO and Dota 2 coming in strong with multiple available tournaments. You can place outright bets or bet on an ongoing event through the live betting system, which is enough for us to recommend the site.

TrustDice

As one of the best decentralized betting sites, TrustDice continues to raise the bar of expectations in terms of eSports betting options. This one offers some of the best bonuses in the game for online bettors, including a welcome bonus of up to 3BTC and a unique risk-free bet offer for newcomers that bet on odds of at least 1.6 or higher.

Some of the main eSports betting markets here include CS:GO, Dota 2, and League of Legends, while you can place both single bets and system bets to spice things up a bit.

Stake.com

For the lovers of prominent eSports betting markets like League of Legends, Dota 2, and CS:GO, Stake.com makes one of the absolute best options out there. It gives you the chance to scroll through hundreds of events and choose what works best for you on a site that’s also famous for incredibly diverse casino options.

So, you can switch the markets or simply head over to the casino while taking a break from betting. As for dedicated betting enthusiasts, we believe that the live betting feature will be enough to turn the odds in your favor. Take a look at our Stake.com review for more details on lucrative bonuses and game options.

Decentralized Sports Betting Explained

So, you are wondering about how decentralized eSports betting works? It’s not as complicated as it may seem since the decentralized side of the story truly helps players get the most out of their experience. In fact, most eSports betting sites are decentralized crypto betting platforms that can be accessed fast and easily without too much hustle for verification.

Decentralized crypto sports betting work on blockchain gambling platforms and grids that allow you to make fast, secure, and transparent crypto payments. It’s fast and easy to make a deposit and receive balance funds within just minutes, and we all know how important that can be while in a betting session.

You can update your account instantly and most of these sites are no-KYC casinos which means you won’t have to provide as much personal information as with other betting sites. Additionally, you can also rely on utmost betting anonymity and the chance to place high-roller bets in Bitcoin or any other major cryptocurrency without exposing your banking details.

Decentralized betting sites are growing in popularity by the day, so that means you’ll see all sorts of sites and some of them may not be as trustworthy as others. That’s why our team strives to bring you an updated list of verified and approved eSports betting DApps for your safety and convenience.

How To Gamble At A Decentralized Sports Betting Site?

Betting on a decentralized eSports site can only result in more benefits for you as a player, but how does it truly work? You can follow these steps to make your first eSports wager on decentralized betting sites in no time:

1. Join a decentralized casino and betting site – The first step on the way of getting the most out of your betting experience is to access the best crypto sports betting decentralized apps. You can use our list for this or rely on your own judgment to pick a trustworthy site and register for an account.
2. Make your first crypto deposit – With decentralized betting apps, the crucial thing is payment convenience and that means you can use the platform to manage instant deposits. As soon as you log into your account, you should be able to access a deposit address in crypto which you can use to transfer funds from your wallet into the account’s balance.
3. Browse the betting markets – Once you are ready to join in on the action with a real money deposit, you can browse the betting markets and scan the odds to see what you can bet on. Some sites only offer outright odds, while others allow combo bets and system bets for more diversity.
4. Add the events to your bet slip – Finally, you can add the events you prefer to a bet slip and wager in crypto for a chance of winning big after using a registration bonus that our recommended sites offer.

What To Look For In A Decentralized Betting Platform?

We realize that finding the best decentralized sports betting sites can be a challenging task, but that doesn’t mean you should give up easily. There are several things to consider here and using specific criteria can help you steer away from shady sites. It all starts with the license since you can’t join just any site and expect the same treatment.

Scam sites usually don’t have reputable gambling licenses like MGA, UKGC, and others. Even with decentralized gambling sites, you should make sure that the site is safe by looking at the blockchain platform used and payment options for secure deposits.

Next, make sure to select a site with a diverse portfolio of eSports betting options that allow you to browse as many events as possible. We advise you to look for sites that also offer live betting and combo bets that come in useful in some situations. Another important tip is to always check the site’s bonus offers and reloads available to eSports bettors.

Finally, it’s essential to make sure that the site has a proper customer support system where you can get quick answers to your inquiries, should you have any while betting on eSports markets.

How We Rate & Review Decentralized Sports Betting Sites

Our team uses specified criteria to review and rate online casino sites with eSports betting options. You can always stick by our rules when evaluating eSports betting sites, so here’s what we find to be crucial when testing the site:

1. Gaming licenses and fairness – The first thing you should focus on is the fairness of betting on a certain platform and that includes checking the license and reliability.
2. Betting markets and options – Next, we look for sites with the best odds for eSports bettors and sites that offer a distinctive selection of betting markets suitable for all sorts of players.
3. Betting bonuses and promotions – Our next stop is usually in the promo section of the site as we try testing the bonuses to see how they work which helps us deliver only the most convenient sites to players.
4. Customer support – Finally, checking the customer support and their responsiveness allows us to pass the final judgment on the site and deem it as recommended for players.

Decentralized eSports Gambling Bonuses

Last but not the least important, we have to discuss eSports betting bonuses to give you an idea of what you can expect on such betting sites. While you’ll have a much easier time finding casino bonus offers that can be used on slots, you shouldn’t underestimate eSports gambling DApps since they may be offering one of the following promotions:

Sign-Up Bonuses

The first type of betting bonus you can expect on decentralized gambling DApps is the welcome bonus for new players. With this one, you can get an instant boost to your bankroll and avoid having to spend your own money on your first couple of wagers.

You can be looking at a 100% deposit match if you pick the site wisely, which is why we always recommend the sites with the best welcome offer as you can see from our TrustDice review with a deposit match of up to 3 BTC.

Free Bet Bonus

This next one is also pretty common among eSports betting bonuses and it means you can bet on various events with a risk-free bet at first. Not only does this allow you to put the betting events on a test at a specific site, but it also guarantees you get your money back if the wager fails and you don’t win.

Of course, there are some terms and conditions to meet here and you’ll have to go after certain limits in the odds, but that doesn’t make this type of bonus any less appealing.

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