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Bitcoin Betting Websites in Malaysia

This guide discusses everything you need to know about Bitcoin betting sites in Malaysia for 2024. We tell what these betting sites are, why they stand out, and discuss their core features. We will tell you where to buy these cryptos and discuss the legality of Bitcoin crypto betting sites in Malaysia. And more importantly, we will look at the top factors to consider when searching for the best Bitcoin sportsbook.

We even give a step-by-step guide to placing your first bet on a top Bitcoin betting website in Malaysia.

Best Bitcoin Betting Sites in Malaysia 

bk8 logo

BK8

150 % Up To 1,500 MYR

5 Stars

aw8 logo

AW8

88% Up To MYR 2,880

5 Stars

12Play Logo

12Play

100% Welcome Bonus

5 Stars

FortuneJack

6 BTC Bonuses 

5 Stars

BC Game Logo

BC.Game

Up To 3 BTC In Welcome Bonus

5 Stars

GemBet

GemBet

100% Welcome Bonuses 

5 Stars

Cloudbet Logo

CloudBet

100% Matched Deposit Bonus

5 Stars

1xbet logo

1XBET

6 BTC Bonuses 

5 Stars

Top Bitcoin Betting Sites in Malaysia

We have vetted tens of popular crypto sites operating in Southeast Asia. Below, we list what we consider the 13 best Bitcoin sports betting sites in Malaysia.

  1. BK8 Overall Best Bitcoin Sports Betting Site in Malaysia
  2. 12Play – Best Bitcoin Sports Betting Site with 150% Welcome Bonus Offer
  3. BC.Game Get 220,000 BCD Token Bonus and Access 30+ Cryptos
  4. CloudbetTop Betting Site for 100% Welcome Bonus of up to 5 BTC
  5. 1XBet Bitcoin Sports Betting Site in Malaysia with the Richest Sportsbook
  6. FortuneJack Popular Casino with a Welcome Bonus of up to 6 BTC
  7. Me88 – Best Crypto Betting site for eSports and 200% Welcome Bonus
  8. Melbet – Best Bitcoin Sports Betting Site for Live Streaming and Live Betting
  9. MD88 – Top Bitcoin Online Sports Betting Mobile App
  10. Dafabet – Top Bitcoin Betting Site with 50% Weekly Cashback and MYR 1 Million Jackpot
  11. Cobrabet – Best Crypto Betting in Malaysia for Free Bets
  12. Maxim88 – Best Bitcoin Sportsbook with Crypto Deposit Bonuses of MYR 1888
  13. 20bet – Get a 100% Sports Welcome Bonus of Up To €100

Below, we examine these crypto sportsbooks and casino sites in detail. We examine their core features and tell you what makes them the best crypto casinos in Malaysia. In sections further below, we look at the benefits of using a Bitcoin sportsbook.

The Best Bitcoin Sportsbooks in Malaysia for 2024 Reviewed

When vetting crypto sports betting websites in Malaysia, we considered a number of factors. First, the online casino had to process crypto deposits. We also prioritized sites with a rich sportsbook, huge bonuses, decent wagering requirements, and responsive support teams. We also checked if they support live betting or integrated a live TV without forgetting their user-friendliness.

1. BK8 – Overall Best Bitcoin Sports Betting Site in Malaysia

BK8 betting is our top pick for the best Bitcoin sports betting site in Malaysia. We rank it this high because of its solid reputation and emphasis on user experience. The online sports betting platform has one of the most user-friendly trading interfaces. Its website has some of the fastest load speeds and is also optimized for mobile use. Not forgetting that BK8 operates a highly intuitive crypto sports betting mobile app.

BK8 Bitcoin Betting Site

The online crypto casino exposes you to 30+ local and international sports betting markets. You get to bet on all popular football leagues, the NBA, winter sports like skiing, and martial arts bouts like UFC. You also get to participate in racing sports like horse racing and motorsports.

Not to forget all popular eSports games, from the League of Legends to Valorant and Overwatch. All these bets carry high odds, and BK8 presents you with multiple bet types.

BK8 is also the best Bitcoin sports betting site in Malaysia because of its generous bonuses. Your first deposit will, for example, be welcomed with a 100% bonus of MYR 300. If you fund the account with digital assets like Bitcoin, you receive a crypto deposit bonus of up to MYR 888. You also get to interact with multiple other bonuses and rewards.

These include reload bonuses, cash rebates, and birthday bonuses. You may also participate in tournaments and draws with 1 BTC in prizes.

Other factors helping BK8 casino stand out include its responsive customer support, which is available online 24/7. We also liked that it is crypto-friendly and supports Bitcoin, Ethereum, and Tether USD. Plus, it has some of the fastest payment processing speeds and high withdrawal maximums.

What we like:
  • Reasonable wagering requirements for bonuses and rewards
  • BK8 is also home to thousands of casino and live casino games
  • Maintains a high crypto deposit bonus
  • Great VIP program
  • Reputable brand with partnership with the likes of Crystal Palace FC
What we didn’t like:
  • Only supports three crypto deposit methods

2. 12Play – Best Bitcoin Sports Betting Site with 150% Welcome Bonus Offer

12Play is one of the most recognizable online betting platforms. It is licensed and regulated by the Government of Curacao as well as PAGCOR in the Philippines. Not to mention that it has a solid reputation for reliability, safety, and user-friendliness. It not only has one of the easiest member registration processes but also has a highly intuitive interface.

12Play Bitcoin Bitting Site

But these aren’t the only reasons we consider 12Play the best Bitcoin sports betting website in Malaysia. It also makes it here because of its generous bonuses and rewards. These include a 150% sports and eSports welcome bonus up to MYR 300. Sports bets also qualify for a 1% unlimited daily cash rebate. You also get to participate in different promotions like the monthly 12Goal event and stand to win USD 20,000.

We also featured 12Play here because it exposes you to 30+ betting markets. Here, you get to bet on all the popular local and international sports. Featured sports include the NFL, NBA, premier league, rugby, motorsports, and horse racing. You also get to bet on leading eSports games like Dota 2, the League of Legends, and Counter-Strike.

Several other factors helped 12Play rank this high on our list. First is its crypto-friendliness and the fact that it processes digital asset payments. It also makes it here because it is multi-platform and operates one of the most intuitive sports betting mobile apps. Plus, it also hosts thousands of casino and live casino sites and games.

What we like:
  • High odds and multiple bet types for all featured sports
  • Reasonable wagering requirements for bonuses and rewards
  • Integrates a live TV for eSports games and allows live betting
  • The customer support team is available 24/7 via live chat
What we didn’t like:
  • 12Play only supports three cryptos

3. BC.Game – Get 220,000 BCD Token Bonus and Access 30+ Cryptos

A host of factors make BC.Game the best crypto sportsbook in Malaysia today. The following four, however, stood out the most for us. First is crypto friendliness, seeing that BC.Game processes deposits made in 30+ cryptos. It also has some of the fastest payment processing speeds and the highest daily maximum withdrawal limits. It even integrates a crypto trading section where you can buy some of the hottest cryptos.

BC.Game Bitting Site Malaysia

Secondly, BC.Game is home to one of the richest sportsbooks. It exposes you to 80+ local and international sports markets. Here, you get to bet on both popular and niche sports. From the premier league to greyhound racing and even Gaelic football. It also lets you bet on all the popular eSports titles – from Dota 2 to Counter-Strike, and Fortnite. League of Legends, PUBG, Overwatch, and even Hearthstone.

Thirdly, we feature BC.Game among the best crypto betting sites in Malaysia because of its solid reputation. For starters, BC.Game is a licensed and regulated online gambling platform. There are also thousands of positive reviews online about BC.Game hails its reliability, safety, and user-friendliness. Plus, its support team is support team is available 24/7 via live chat.

Lastly, BC.Game makes it here because of its generous bonuses and rewards. All new players are, for instance, treated to a generous welcome bonus. The first four deposits qualify for a combined 1080% bonus of up to 220,000 BCD tokens. Note that the qualifying deposit starts from $10. You also qualify for more bonuses and promotions, including the mega win spin with a 5 BTC reward.

What we like:
  • BC.Game has partnered with multiple sports brands, including AFA, Cloud9, and David Luiz.
  • A wide range of casino and live casino games
  • Operates a highly intuitive mobile betting app
  • Most games have high odds and multiple bet options
What we didn’t like:
  • No phone support

4. Cloudbet –Top Betting Site for 100% Welcome Bonus of up to 5 BTC

One of Cloudbet’s most recognizable features is the huge welcome bonus offered to new members. Your first deposit will be matched 100% up to 5 BTC. And the qualifying deposit is a paltry 0.0001 BTC. Future deposits will also qualify for equally attractive bonuses. You also get to participate in promotions and tournaments with high prizes – for both sports bettors and casino players.

Cloudbet Sport

Cloudbet also stands out because of its user-friendly crypto-betting platform.Cloudbet has a quick and straightforward punter onboarding process. It also operates a mobile betting app, and both betting platforms have fast load speeds. Payment processing is also fast, and Cloudbet has relatively high maximum withdrawal limits.

Other factors making Cloudbet the best Bitcoin betting website include its support for 30+ digital assets. It also has a rich sportsbook that lists all the popular local and international sports markets. These include football, baseball, ice hockey, UFC, racing events, and leading eSport titles. They all have high odds, and Cloudbet presents you with many bet options.

What we like:
  • Lightning-fast payment processing – within 3 minutes
  • Cloudbet is a safe online gambling platform
  • Cloudbet also hosts thousands of casino and live casino games
  • Operates a Curacao gaming license
What we didn’t like:
  • Not as a big sports library as other betting casinos feature here

5. 1XBet – Bitcoin Sports Betting Site in Malaysia with the Richest Sportsbook

1xBet lets you bet on thousands of sporting events – both local and international. The online gambling site is heavily biased towards sports betting and exposes you to hundreds of markets. Here, you get to bet on thousands of sports events. These include matches in all popular football leagues, races on leading horse racing derbies, all NBA tournaments, and motorsports. You also bet on your favorite team for leading eSports titles.

1xbet Crypto Betting Site

But we liked it more than its rich game library. We also consider it the best crypto sports betting site in Malaysia because of its generous bonuses. Your first deposit is, for instance, treated to a 200% welcome bonus up to MYR 500. Future deposits will also be treated to competitive bonuses and promotions. You also get to participate in tournaments, challenges, and jackpots whose prizes exceed MYR 1 Million.

Several other factors help make 1xBet a top Bitcoin sports betting site in Malaysia. These include its user-friendliness and the fact that it is a multi-platform gambling platform. It also provides live previews of ongoing sports events and supports live betting. Plus, it has a bet constructor and even lets you bet via text message.

What we like:
  • 1xBet is crypto-friendly casino accepting 40+ digital assets
  • 1xBet sports are characterized by high odds and hundreds of bet types
  • Highly responsive support team available online and on-phone
  • 1xBet partners with multiple sports and eSports brands, including Serie A, FC Barcelona, CAF, ESL, and MIBR
What we didn’t like:
  • The desktop betting site may overwhelm beginners

6. FortuneJack – Popular Casino with a Welcome Bonus of up to 6 BTC

FortuneJack is popular because of its generous welcome bonus. For a new member, your first four deposits are treated to a 410% welcome bonus of up to 6 BTC and 350 free spins. But you have the option of choosing 20% cashback on all your losses in the first 24 hours.

FortuneJack Crypto Betting Site

Future deposits will also be treated to unbeatable bonuses. You also get to participate in tournaments and challenges with high prizes. These include Majestic 7, which lets you win $10,000 when you predict goal scorer.

But there are several other factors that make FortuneJack the best crypto sports casino in Malaysia. First is its rich sportsbook featuring all the popular sporting, racing, and eSports events. Some of the games you can bet on here include football, basketball, rugby, motorsports, horse racing, and swimming. You can also bet on eSports games like Valorant, the League of Legends, Fortnite, and more. They all have high odds and multiple bet types.

FortuneJack Bitcoin Betting Site

FortuneJack is also featured here because it is both user- and crypto-friendly. It maintains a quick and straightforward account creation process. It also has a highly navigable betting interface. Plus, in addition to having the website optimized for mobile use, FortuneJack also operates a user-friendly casino mobile app. The online sports betting platform also processes payments from tens of all the popular digital assets.

What we like:
  • Generous bonuses with reasonable rollover requirements
  • Licensed and regulated in Curacao
  • It is also home to thousands of casino and live casino games
  • Support team available on live chat 24/7
What we didn’t like:
  • No over-the-phone support

7. Me88 – Best Crypto Betting site for eSports and 200% Welcome Bonus

Me88 casino has a straightforward account creation process. This ushers to a user-friendly gaming environment ripe with bonuses and games. Here, your first deposit will be treated to a 200% welcome bonus up to MYR 200. You also get a 200% eSports welcome bonus of up to MYR 1000. Future reloads will also qualify for equally attractive bonuses and promotions – like the EPL ultimate victory bonus of MYR 300.

ME88 Bitcoin Betting Malaysia

Some of the sports to bet on today at Me88 include soccer, tennis, cricket, skiing, basketball, cycling, and Formula 1. You may also bet on eSports games like Call of Duty, Counter-Strike, King of Glory, StarCraft, and the League of Legends. You also get to bet on rare sports like Gaelic Football and Gaelic Hurling. Like the equal sports betting platforms in Asia, Me88 maintains high odds and multiple bet types for most of these games.

Several other things make Me88 the best Bitcoin sports casino in Malaysia. First is its crypto-friendliness and support for popular digital assets. It is also highly reputable and even regulated and licensed in Curacao. Not forgetting that it promotes responsible gambling by integrating self-exclusion with other responsible gambling tools.

What we like:
  • Operates a highly intuitive crypto sports betting mobile app
  • Play thousands of casino and live casino games and highly prized jackpots
  • Great VIP program
  • ME88 has partnered with multiple international sports and eSports brands – including Conor McGregor
What we didn’t like:
  • Only a handful of cryptos are supported

8. Melbet – Best Bitcoin Sports Betting Site for Live Streaming and Live Betting

Several factors make Melbet one of the best crypto sports betting sites in Malaysia. First is its huge bias towards sports and eSports events.

It introduces you to 40+ sports markets and lets you bet on 20000+ individual sports. These include games on all the popular football leagues, horse racing derbies, cycling events, basketball leagues, rugby tournaments, eSport competitions, and more. Most of these games have highly competitive odds and multiple bet options.

Melbet Casino

Melbet also integrates a live TV feature on its website and mobile app. This lets you follow the analysis of top games live. You also get to place live bets for ongoing sporting events.

The top crypto sports betting casino also presents you with multiple highly attractive bonuses and promotions. These start with a 200% welcome bonus up to MYR 450. Future deposits are also treated to generous bonuses and promotions – including 100% if only one bet loses. It is also one of the few crypto sports betting sites that still present you with a free bet and no-risk bet.

But these aren’t the only reasons why we believe Melbet to be the best Bitcoin betting website in Malaysia today. We also appreciate its support for close to 40 digital assets. Plus, it not only has some of the fastest payment processing speeds but also maintains high cash-out limits. It also operates an easy-to-use casino mobile app and is licensed and regulated in Kenya.

What we like:
  • Melbet’s reputation has seen it partner with reputable brands like LaLiga and Juventus.
  • Support is available 24/7 via live chat and over the phone
  • Let’s you bet on many sports, including hunting and fishing
  • Let’s you play thousands of casino and live casino games
What we didn’t like:
  • Doesn’t have the bet builder tool

9. MD88 – Top Bitcoin Online Sports Betting Mobile App

When you create an account with MD88, you qualify for a 100% sportsbook bonus of up to MYR 800. Future reloads can also claim a 10% daily sportsbook reload bonus up to MYR 200. In addition to these, MD88 presents you with multiple highly attractive bonuses and promotions. You, for instance, get to claim a 1.2% unlimited daily cash rebate, a weekly cash rescue bonus, and more.

MD88 Betting

MD88 also makes it to this list because it exposes you to tens of sports markets. These let you place bets on thousands of individual sports, eSports, and racing events. Some of the popular games that you can bet on on MD88 include football, American football, cricket, rugby, tennis, handball, and more. You also get to bet on horse races, motorsports, Counter-Strike, Call of Duty, League of Legends, and even Fortnite.

MD88 Casino has an accessible and highly responsive customer support team. These are available online 24/7 via live chat and WhatsApp. The crypto casino website is also famed for its solid reputation for reliability and user-friendliness.

What we like:
  • Most games have high odds and many bet types
  • MD88 is crypto-friendly and accepts popular digital assets
  • The casino site is regulated and licensed in Curacao and by PAGCOR in the Philipines
  • MD88 is a safe crypto sports betting site
What we didn’t like:
  • A limited number of cryptos supported

10. Dafabet – Top Bitcoin Betting Site with 50% Weekly Cashback and MYR 1 Million Jackpot

Dafabet is listed among the best Bitcoin sports betting sites in Malaysia because of its rich sportsbook. It gives you access to 30+ markets and lets you bet on thousands of sporting events. These include Tennis, Rugby, Basketball, Boxing/MMA, cycling, darts, Formula 1, and more. It also lets you bet on all the popular eSports games.

Dafabet Betting Site in Malaysia

All the sporting events available on Dafabet are characterized by two things – high odds and multiple bet options. You can bet early on virtually all the supported sporting events. Every day, the platform will let you interact with hundreds of games that you can place live bets on. You also get to live stream some of these sporting events and interact with such tools as the bet builder.

In addition to these, Dafabet’s solid reputation has earned partnerships with leading sports teams and brands. Dafabet is, for instance, the official main club sponsor for Celtic FC and Cadiz FR. It is also the official betting partner for Durham Cricket and Sussex CC. Not forgetting that it is also a regulated crypto sports betting platform operating a gambling license from Kenya.

What we like:
  • Dafabet is crypto-friendly
  • Generous bonuses and free bets with reasonable wagering requirements
  • Jackpot bets carry high rewards – often exceeding MYR 1 Million
  • Support is easily accessible and highly responsive via live chat and over the phone
What we didn’t like:
  • Not many supported crypto assets

11. Cobrabet – Best Crypto Betting in Malaysia for Free Bets

Cobrabet is the best Bitcoin sports betting website in Malaysia for free bets. Everyone here qualifies for a risk-free bet. Simply make a deposit and place your first bet. If you lose, Cobrabet gives you a 100% refund. In addition to this, you are treated to multiple bonuses when using Cobrabet.

Cobrabet Bitcoin Betting Site Malaysia

The first three deposits are, for example, treated to a 275% welcome bonus up to $4000 and 300 free spins. The first three crypto deposits are, on the other hand, treated to a 275% welcome bonus of up to 5 BTC. Others include the 100% sportsbook bonus up to $150 and free spins, as well as the 50% high roller VIP bonus up to $1500.

Cobrabet then hosts one of the richest sportsbooks. This exposes you to 30+ sports and eSports markets while letting you bet on thousands of sporting events. Top sports to bet on here include football, American football, tennis, handball, kabaddi, and lacrosse. You have the option of betting early or live betting and the website integrates a live streaming option.

What we like:
  • Highly responsive support team via live chat
  • Crypto-friendly – accepting four digital assets
  • Operates a user-friendly casino mobile app
  • Great VIP program with attractive bonuses and additional features
What we didn’t like:
  • Only supports four cryptos

12. Maxim88 – Best Bitcoin Sportsbook with Crypto Deposit Bonuses of MYR 1888

Maxim88 is a crypto-friendly online sports betting platform accepting all the popular virtual currencies. If you deposit into Maxim88, you qualify for a crypto bonus up to MYR 1888. New members can also claim a 288% welcome bonus up to MYR 288. Other bonuses available here include a weekly cashback of up to MYR 8,888, a 50% daily reload bonus, and a 1% unlimited daily cashback. All these have reasonable wagering requirements.

Maxim88 Bitcoin Betting Site

But it doesn’t feature the best Bitcoin sports betting sites in Malaysia, only for its crypto support and bonuses. It also makes it here because of its rich sportsbook. Here, you get access to 20+ sports markets and thousands of sports to bet on.

The most popular are football, basketball, hockey, cricket, UFC/MMA, swimming, motorsports, cycling, and horse racing. You also get to bet on leading eSport titles like the League of Legends, Counter-Strike, King of Glory, and Dota 2.

Other factors making Maxim88 the best crypto casino site in Malaysia include its user-friendliness. It also provides you with a free and highly intuitive casino mobile app. Its customer support team is also easily accessible and responsive. Not forgetting its great VIP program.

What we like:
  • Easy-to-use platform with an intuitive mobile app
  • High odds and multiple bet options for most games
  • No fees on transactions and high cash-out maximums
  • Access thousands of casino and live dealer games
What we didn’t like:
  • Only supports a limited number of cryptos

13. 20bet – Get a 100% Sports Welcome Bonus of Up To €100

Several factors help 20Bet list among the best sports betting sites in Malaysia. First because of its generous bonuses and attractive promotions. These start with a 100% sports welcome bonus of up to €120 and 120 free spins. The second deposit also qualifies you for a 50% bonus of up to €100 and 50 free spins. Other bonuses and promotions include the 50% Friday reload bonus, cash rebates, and jackpots.

20Bet Bitcoin Sportsbook Site

Like all the rest of the top Bitcoin sports betting websites in Malaysia, 20bet has a rich sportsbook. This exposes you to 20+ sports markets and lets you bet on thousands of popular sporting events. The more popular include football, basketball, rugby, cricket, cycling, horse racing, swimming, fishing, and more. You also get to bet on leading eSports titles like Dota 2, League of Legends, Counter-Strike, and Valorant.

Other factors include the user-friendliness of its website and the intuitiveness of its casino mobile app. Its support team is also available 24/7 via live chat. Don’t forget that 20Bet is also one of the best Ethereum casinos in Malaysia.

What we like:
  • Crypto friendly supporting all the popular coins
  • Reasonable wagering requirement for bonuses and promotions
  • The 20bet platform is highly secure
  • 20Bet is regulated has an operating license from Curacao
What we didn’t like:
  • Only supports a limited number of cryptos

How the Best Bitcoin Sportsbooks Compare

The table below compares the welcome bonuses offered to new members by the best Bitcoin sports casino sites in Malaysia. It also compares the number of supported sports markets and payment processing speeds.

Casino Welcome Bonus Sports Markets Live Betting Bitcoin Minimum Deposit Payout Processing Speed
BK8 100% welcome bonus up to  MYR 300 30+ Yes Yes MYR 50 Instant to 48 hours
12Play 150% sports and eSports welcome bonus up to MYR 300 30+ Yes Yes MYR 50 Instant to 48 hours
BC.Game First four deposits qualify for a combined 1080% bonus up to 220,000 BCD tokens 80+ Yes No 0.003 BTC Instant to 48 hours
Cloudbet First deposit will be matched 100% up to 5 BTC 20+ Yes Yes 0.0001% Instant to 48 hours
1xBet 200% welcome bonus up to MYR 500 50+ Yes Yes MYR 30 Instant to 48 hours
FourtuneJack First four deposits are treated to a 410% welcome bonus up to 6 BTC and 350 free spins 30+ Yes Yes MYR 50 Instant to 48 hours
Me88 200% welcome bonus up to MYR 200 20+ Yes No 0.0001 BTC Instant to 48 hours
Melbet 200% welcome bonus up to MYR 200 20+ Yes Yes MYR 50 Instant to 48 hours
MD88 100% sportsbook bonus of up to MYR 800 30+ Yes Yes MYR 50 Instant to 48 hours
Dafabet 160% up to MYR 480 30+ Yes Yes MYR 30 Instant to 48 hours
Cobrabet First three deposits a 275% welcome bonus up to $4000 20+ Yes Yes MYR 10 Instant to 48 hours
Maxim88 288% welcome bonus up to MYR 288 20+ Yes No MYR 50 Instant to 48 hours
20Bet 100% sports welcome bonus of up to €120 and 120 free spins 20+ Yes Yes MYR 50 Instant to 48 hours

 

How We Rate the Best Bitcoin Malaysia Sportsbooks

In this section, we look at the factors that we paid the most attention to when searching for the best Bitcoin sportsbook in Malaysia. These are the factors we paid most consideration to when ranking the best sportsbooks.

  • Welcome bonus: Welcome bonuses come in handy by providing you with extra funds to explore the platform. They are also handy in helping you potentially boost your winnings. We ranked these sites based on the generosity of their welcome bonuses. We also ranked them based on the reasonableness of their wagering requirements.
  • Supported sports markets: We also ranked these sites based on the diversity of their supported games. Here, we looked at not just the number of supported games but also their odds. We also prioritized games that present users with multiple bet options.
  • Mobile friendliness: We also confirmed whether the casino website is optimized for mobile use. Above that, we checked to confirm that they operate a user-friendly mobile app.
  • Ease of use: When ranking the best Bitcoin casino sites, we also considered their intuitiveness and ease of use. Here, we checked such factors as the page load speeds and navigability.
  • Security: We also ranked the top crypto Bitcoin sportsbooks based on their safety and security. Here, we look at the number and effectiveness of the security measures put in place by the online crypto casino. These range from providing users with a web wallet to enabling two-factor authentication.
  • Regulation and reputation: Further, we only listed crypto casinos that are both regulated and highly reputable. We also looked at the responsible gambling measures included herein.

Benefits of Using a Bitcoin Sportsbook

In this section, we will explore the top advantages of using a crypto sportsbook. This is in comparison to gambling at traditional online fiat or land-based casinos.

  • Bet anonymously: Unlike traditional sportsbooks that require bank account information, crypto sportsbooks let you gamble anonymously. These offer enhanced privacy and protection against identity theft. There are no personal details attached to your bets.
  • High bonuses and rewards: Crypto sportsbooks often entice new users with larger and more lucrative bonuses than traditional platforms. This might include deposit match bonuses, free bets, or loyalty programs based on crypto holdings.
  • Higher maximum withdrawal limits: Traditional sportsbooks sometimes have low withdrawal limits, especially for large wins. Crypto sportsbooks, on the other hand, offer significantly higher withdrawal limits due to the decentralized nature of cryptocurrencies.
  • Access Bitcoin-only games: Some crypto sportsbooks offer exclusive games and betting options. These are only available for players using Bitcoin or other cryptocurrencies.
  • Faster payment processing: Crypto transactions are typically processed much faster than traditional bank transfers. You can deposit and withdraw funds from your betting account almost instantly.

Are Bitcoin Sportsbooks Legal in Malaysia?

Crypto betting sites operate within a legal gray area in Malaysia. While there is a law criminalizing gambling in the country, the law doesn’t explicitly ban crypto gambling. Further, while you cannot register a crypto casino in Malaysia, offshore casinos aren’t criminalized in the country.

This implies that you can register a member account with offshore Bitcoin casinos that accept Malaysian residents. Here, we have already gone over the factors you need to consider when looking for the best Bitcoin sportsbooks in Malaysia.

Bitcoin Sportsbook Mobile Apps

There are two primary ways of confirming a crypto casino’s mobile friendliness. First, you can confirm whether its website is optimized for mobile use. This means that its website can be easily accessed and used by smartphone device users.

In addition to mobile-friendly sites, most cryptos have also launched their own crypto sports betting mobile apps. These mimic all the features and tools integrated into the main crypto betting site. These apps are free and can be downloaded on the Play Store or App Store. Some crypto sites will also present you with APKs for these apps.

Where to Buy Bitcoin for Sports Betting in Malaysia

For you to start betting with cryptos on top Bitcoin sportsbooks in Malaysia, you first need to buy these digital assets. Today, there are multiple highly reputable crypto exchanges in Malaysia where you can buy all the top cryptos. These also maintain highly competitive crypto trading fees and are safe. They provide you with both web-based and software digital wallets to keep your assets safe.

Here is a quick look at the three best crypto exchanges in Malaysia today.

eToro

eToro exchange one of the best crypto exchange in the world. It also maintains some of the most competitive crypto trading fees. Here, you can buy top crypto assets, and the exchange has put all the necessary security measures in place to keep your cryptos safe.

KuCoin

KuCoin is one of the most liquid crypto exchanges in the world. It is also one of the more popular altcoin exchanges in Malaysia. Among the many factors making it the best place to buy cryptos like Bitcoin and Ethereum are its competitive transaction fees. It also processes trades fast and provides users with a free and non-custodial mobile wallet app for iOS and Android

Kraken

Kraken is an equally popular crypto exchange and a top digital trading platform in Malaysia. It has the reputation of the safest crypto exchange as it has never been hacked. We also list it here because of its dark pool that lets you buy Bitcoins pseudonymously.

Why You Need A Bitcoin Wallet

Now that you know where to buy Bitcoins and top cryptos for betting, you need to learn how to keep them safe. In this section, we will introduce you to the different types of crypto wallets. We will also tell you their core benefit and their biggest drawback.

Types of wallets

These three are the most commonly used types of crypto wallets.

Web Wallet

These are also referred to as cloud wallets and custodial vaults. Perfect examples of this type of wallet are the exchange-based wallets provided by all the popular crypto exchanges. It could also refer to third-party wallets provided by companies that provide crypto custody services.

These are the private keys for your digital wallets on your behalf – in highly secure servers and data centers. Their biggest advantage is their convenience – allowing for swift transfer of assets in and out of trading platforms. This explains why they are preferred by crypto day traders. On the flip side, though, cloud wallets aren’t as safe as they expose your assets to hackers and potential misappropriation.

Software wallets

Software wallets refer to programs for computers and smartphones designed to hold cryptos. These may also be provided by the crypto exchange or third parties. Desktop software wallets are commonly referred to as desktop wallets. Smartphone-based programs are, on the other hand, referred to as mobile wallet apps.

These are non-custodial. They work by encrypting the private keys for your assets before depositing them to the root storage of your phone or computer. Their core advantages are convenience and the fact that most are free. But like cloud wallets, they aren’t the safest wallets. They expose your assets to possible hacking incidents or malware.

Hardware wallets

These refer to physical devices that have been specially designed to keep your crypto safe. They are the most secure type of digital asset because they hold your keys offline. Great examples of hardware wallets are Ledger, Keepkey, and Trezor wallets. Their only drawback is that they aren’t free. Plus, they aren’t as convenient as the hot wallets.

How To Get Started With a Bitcoin Sportsbook in Malaysia

In this section, you will learn how to place your first sports bet at a crypto sportsbook. We will go over the step-by-step process of placing a bet at the most popular crypto Sportsbook in Malaysia – BK8 Casino.

Step 1: Register a Betting Account at BK8

Sing Up with BK8

Open the official BK8 casino website and hit the “Join Now” icon. Complete the registration form that pops up here. It will only ask that you create a username and come up with a strong password for this account.

Step 2: Buy Crypto at a Reputable Altcoin Exchange

To buy cryptos in Malaysia, you will need to first create an account with a top exchange – like eToro or KuCoin. The good thing is that both trading platforms lets you buy cryptos with credit cards, debit cards, and popular eWallets. It even integrates a platform for peer-to-peer trading. Plus, you can start buying cryptos here for as little as $2. But before buying crypto on an exchange, confirm that it is supported by your preferred betting site.

Step 3: Fund the Betting Account

Deposit Funds at BK8

Log back into the crypto betting site and hit the “Deposit Funds” icon. Choose cryptos and hit on the crypto you wish to deposit into BK8. The casino will provide you with the receiver’s wallet address. Copy this address and hit the transfer icon on your crypto exchange account. On the receiver’s address, paste the wallet address copied from the casino site. Indicate how many coins you intend to send to the exchange and hit the “Send” button.

Step 4: Identify the Sports to Bet on

Search for the Sport Betting Markets

After the funds reflect in your casino account, hit the sports icon to identify the sports to bet on. You can choose a sporting event from the sports, eSports, or racing categories.

Step 5: Place a Bet

Place a Bet

Simply hit the “Bet” icon and customize this wager. In the case of a football bet, choose the bet type and enter the amount you wish to bet. Then, hit the “Place Bet” icon.

Step 6: Withdraw your wins

After winning, you may want to withdraw profit. Simply hit the “Withdraw Funds” icon and choose the crypto you wish to cash out. Copy the wallet address of the digital asset from your preferred wallet. Paste in the receiver’s address section of the transfer crypto tab, indicate how many coins you want to withdraw, and hit the send button.

Conclusion: Bitcoin Sportsbook in Malaysia

Betting on your favorite sport with Bitcoin in Malaysia doesn’t have to be complicated.

In the above guide, we have shared everything you need to learn about crypto sports betting. We have introduced you to 10+ crypto sportsbooks that support crypto deposits and crypto bets and shared tips on what to look for in the best Bitcoin sports betting site. We even discussed the legality of crypto betting and told you where to buy cryptos in Malaysia.

Want to start betting with cryptos in Malaysia? Follow the step-by-step guide to crypto betting that we have outlined above.

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FAQs about the Best Bitcoin Betting Sites in Malaysia

What is the best Bitcoin Sports betting site in Malaysia?

BK8 is our top pick for the best crypto sports betting site in Malaysia. We believe it to be the best because it is user-friendly, it is crypto-friendly, and optimized for mobile use. We also liked that it has a rich sportsbook as well as high odds and multiple bet types.

There are three types of games that you can bet on at most online crypto betting sites in Malaysia. These are traditional sports like football and rugby, eSports like Call of Duty and Dota 2, and racing events like horse racing or motorsports.

Today, there are crypto betting sites in Malaysia that will process 40+ digital assets. These support all the popular and easily accessible cryptos like Bitcoin, Ethereum, Solana, Ripple, Tether USD, Dogecoin, and more.

When looking for the best crypto sports betting site to register with, consider a number of factors. These include the diversity of supported games, their odds and bet options, crypto payment options, reputation, cash-out speeds, and ease of use.

Yes, a growing number of online sports betting platforms in Malaysia accept crypto deposits and withdrawals. Some even have introduced Bitcoin-only sports.