A list of 35 online sportsbooks offering bitcoin can be found using the sportsbook rating guide.
Players can refine their bitcoin search further by selecting online sportsbooks that convert player balances into their native currency, as opposed to crediting the deposits through bitcoin.
This protects users from day to day fluctuations and dips in value. At the end of the day, if $20 is your unit size and bitcoin is worth $20 less than your deposit, and you turn a profit of only $10 – you can actually lose money despite winning wagers, a gamble that some recreational players are not willing to make.
Sportsbook Review has reported extensively on bitcoin trading prices and recently launched a bitcoin discussion forum after SBR members voted 80% in favor of the new sub-forum.
Bitcoin is presently trading at $235.
The below chart shows the last one month of bitcoin movement. The data is provided by Coindesk.com:
Players can find information on bitcoin sportsbooks using the bitcoin nguide.