Moneyline Betting with Bitcoin & Crypto: A Beginner’s Guide
Last updated: October 22, 2025
Written by Samuel Okunsolawo - Samuel Okunsolawo has been writing about iGaming for more than six years, and he's rather good at it. Samuel has contributed to numerous online gaming platforms and magazines, known for his engaging writing style and smart analysis. Online casinos, sports betting, cryptocurrency casinos, and game reviews are just a few areas in which he excels. Samuel is well-respected by both readers and professionals in the field for his commitment to presenting information that is both accurate and current.
Moneyline betting involves placing a wager on a team or individual to win the game. This betting option is quite popular among bookmakers, including crypto sportsbooks. Unlike traditional sportsbooks, crypto bookies offer the option of quick cashouts. Wondering how to merge moneyling betting with cryptocurrencies? Look no further, our guide explains how to bet moneyline with crypto. We also outline the potential results you can achieve.
What Is a Moneyline Bet?
Moneyline wagers are an easy form of betting on sports. Rather than deciding by the margin of victory, gambling involves just selecting who will win the event. Only the result of the game decides whether you win, not by how much your team wins.
The odds are usually written with + or − in front of them. A minus sign at the beginning of a number lets you know that the team or player’s chances of winning are more likely. In this case, you need to bet $200 to earn $100. Positive signs, for example +150, are the tool to identify the underdog. In case the outcome is successful, your $100 wager would result in a profit of $150.
Bets on fighting occur mostly in huge sports events, including UFC, boxing , the NFL, and NBA games. Regardless of using Bitcoin or Ethereum for gambling, the set gameplay guidelines are not altered. The extra speed and enhanced privacy are key reasons why this is a better option. Moneyline wagers are suitable for newcomers because they are simple and have a basic structure.
Why Use Crypto for Moneyline Bets?
Moneyline betting with Bitcoin and other cryptocurrencies offers several practical benefits over traditional payment methods. One significant advantage is speed. Additionally, there are no currency conversion fees. Since bets are placed in crypto, you skip the extra costs of converting to local currencies, saving time and money.
Another factor is privacy. With fewer personal details required, betting with crypto gives you more anonymity. Many platforms only need basic account info.
Access is another benefit. Crypto sportsbooks are available globally, regardless of local banking rules. Some even offer slightly better odds or lower house edge, which can make a difference over time.
How to Place a Moneyline Bet Using Bitcoin or Ethereum
As soon as you open a crypto sports account, it’s easy to place a moneyline bet with Bitcoin or Ethereum. These are the steps to take:
- Sign Up – Choose a crypto-friendly sportsbook and create an account.
- Deposit Funds – Transfer Bitcoin, Ethereum, or another supported coin to your account wallet.
- Pick a Matchup – Go to the sport and event you want to bet on.
- Choose a Winner – Select your moneyline pick based on the posted odds.
- Place Your Bet – Enter your stake and confirm the wager.
You’re now ready to watch and see how your bet plays out.
Examples of Moneyline Betting in Popular Sports
Moneyline betting is popular in both combat and team sports. Its simplicity makes it accessible to bettors at any level of experience.
UFC or Boxing
Moneyline betting in UFC or boxing involves backing a fighter to win the bout. If Israel Adesanya is priced at -200 and his opponent is +170, you'd need to wager $200 to win $100 on Adesanya, or bet $100 to win $170 on the underdog. The bet pays out based on who wins, regardless of how; KO, submission, or decision.
NFL or NBA
In the NFL or NBA , a moneyline bet simply means picking which team will win the game outright. For example, if the Dallas Cowboys are listed at -150 against the New York Giants at +130, a bettor would need to stake $150 to win $100 on the Cowboys, while a $100 bet on the Giants would return $130. No point spreads, just pick the winner.
Pros and Cons of Crypto Moneyline Betting
Moneyline betting with Bitcoin and other cryptocurrencies comes with benefits and trade-offs. It's simple to understand, especially for newcomers, just pick the winner. Deposits and withdrawals are usually faster than with traditional banks, which makes betting more convenient.
It’s also an easy entry point for using Bitcoin or Ethereum to bet; no need to manage complicated bet types or spreads.
Betting on teams that are favourites often means getting less profit. Still, there are opportunities to earn a lot if you back an underdog who ends up winning.
Also, you need to understand how odds are shown in American and Decimal formats when you want to find the best sportsbook.
Final Tips for Beginners
From our crypto moneyline betting guide, you have seen the importance of taking a careful approach when wagering. Let your choice when betting be guided by the information you have, not feelings. Look at up-to-date statistics, the athletes’ health conditions, and how they have played lately.
Many crypto-based sportsbooks offer sports fans enhanced odds and discounts. Since these give you extra benefits, but not extra risk, it’s worth noticing and betting on them once you can.
It’s always best to use small amounts of money while still figuring out the process and becoming used to the platform. With this strategy, you can check out various sets of choices and improve them without losing a lot of money.
It is smart to follow your bets as well. Using a spreadsheet or betting app to record all your wagers gives you a better understanding as you track your successes and failures. After some time, you may find patterns that can show what helps and what doesn’t. It gives you better control over your money and also makes your betting decisions wiser and more careful.
RECOMMENDED READ
Frequently Asked Questions
A moneyline bet is the simplest type of sports wager. You’re betting on which team or player will win the game or match outright. There are no point spreads or totals involved. Odds are shown as positive (underdog) or negative (favourite); your payout depends on those odds.
Crypto moneyline bets work just like traditional ones, you choose who you think will win. The key difference is that you place your wager using cryptocurrency like Bitcoin, Ethereum, or USDT instead of fiat currency. Winnings are paid out in crypto as well.
The legality depends on your location. Some countries or regions allow online betting with crypto, while others have restrictions. It’s important to check local laws and ensure your sportsbook is licensed and accessible in your jurisdiction.
Using crypto can offer faster deposits and withdrawals, lower fees, greater privacy, and access to offshore sportsbooks that may not accept fiat. It also provides more control over your funds without relying on banks or traditional payment systems.
Yes, Crypto sportsbooks are safe if you choose reputable, well-reviewed platforms like cryptocasino.com with strong security, clear terms, and proper licensing. Always research the site, look for user feedback, and ensure it uses encryption and fair gaming practices before placing any bets.
This blog is for informational purposes only and does not constitute financial or investment advice. Please gamble responsibly and ensure compliance with the laws in your jurisdiction.
