Best Bitcoin Sports Betting Sites in the Philippines in 2025 – Top Crypto Betting Sites Compared

The best Bitcoin sports betting sites include sportsbooks that have established operators. The Philippines has seen numerous crypto sport betting sites launch in recent years, which has meant established brands have had to update their offerings in order to keep up.

Here at Crypto2Community, we cast an expert eye over the upgraded features and bonuses available, as well as what you can expect at the best Bitcoin sports betting sites in the Philippines.

 

Best Crypto Sports Betting Websites in The Philippines

Here are the best Bitcoin sports betting sites in the Philippines. There’s a mix of recently launched new crypto betting sites, and others that have refreshed their offering recently.

1. BK8 – Overall Best Bitcoin Sports Betting Site in the Philippines
2. AW8 – The Most Reputable Bitcoin Sports Betting Site with 50% Welcome Bonus
3. 12Play – Popular Crypto Sports Betting Site for eSports Gambling
4. BC.Game – Best Bitcoin Betting Website for Generous Welcome Bonuses – Up to 220,000 BCD Coins
5. Jiliko – Best Online Bitcoin Casino for Betting Tournaments and Generous Bonuses
6. 1xBet – Top Bitcoin Betting Site with the Largest Sports Games Library
7. Bitcasino.io – Best Online Betting Casino Website with Cashbacks of up to USDT 25,000
8. BitStarz – Regulated Sports Betting Casino with a Welcome Bonus of up to 5 BTC and 180 Free Spins
9. 7BitCasino – Reputable Sports Betting Casio with a Large Game Library and 5BTC Welcome Bonus
10. Gembet – The Best Online Crypto Casino for Virtual Sports Betting
11. HotBet – Best New Sports Betting Casino with Multiple Free Bets

Best Bitcoin Sports Betting Sites in the Philippines Reviewed

The list below includes the best Bitcoin sports betting sites in the Philippines. These brands are based onshore and, as a result, are fully accessible to the Philippines residents. They each come packed with a range of sports, markets, and promotions, and we’ve listed them in order of which we think have created the best package.

When coming up with this list, we considered a number of factors. For starters, the betting had to accept Filipinos. It also had to be regulated and have a solid reputation for reliability and safety. It must also be easy to use, accept Bitcoin deposits, and list a decent range of sports games to bet on.

1. BK8 – Overall Best Bitcoin Sports Betting Site in the Philippines

BK8 platform is our top pick for the best Bitcoin sports betting site in the Philippines. We rank it this high because of its solid reputation for reliability and commitment to the safety of client funds. This reputation has helped it score partnerships with renowned sports teams and entities. BK8 was, for example, the official club partner for Burnley FC and Aston Villa FC. Manny Pacquiao has also agreed to be its brand ambassador.

You will also like BK8 casino because it exposes you to a large library of sports games on which to bet. Among the most popular sports to be on here include football, basketball, rugby, cricket, baseball, tennis, and swimming. You also get to bet on racing events, including horse racing and car races like Formula 1. Further, BK8 lets you bet on eSports like Warcraft, DOTA 2, Fortnite, League of Legends, and Valorant.

All the games hosted on BK8 Sports betting casino have highly competitive odds. The casino will also present you with multiple bet types for all the featured games.

Several other factors help make BK8 the best crypto gambling platform for sports. First is its generous bonuses and regular promotions. Upon creating a user account BK8, for example, new members are treated to a 288% welcome bonus of up to PHP 28,880. The NBA Special bonus will also let you place free bets up to PHP 1,188. Plus, you can claim a 1% unlimited daily cash rebate.

2. AW8 – The Most Reputable Bitcoin Sports Betting Site with 150% Welcome Bonus

AW8 is a crypto-friendly sports betting platform that lets you deposit via Bitcoin, Ethereum, and USDT. It is also a regulated online gambling casino with an operating license from PAGCOR. It also maintains a quick and straightforward member registration process. Not forgetting its highly intuitive and easily navigable user interface. These make it one of the best crypto sports betting websites for beginners in the Philippines.

It makes it here primarily for its solid reputation and generous bonuses. AW8’s popularity is marked by its reliability and commitment to the safety of client assets and personal information. The casino, for instance, doesn’t share your sensitive information with third parties.

It also has a free web wallet to keep your cryptos safe. The bonuses include a 150% welcome bonus of up to PHP 62,000, 1% unlimited daily cash rebates, and a 20% daily reload bonus. It also has an equally appealing VIP program.

At AW8 casino, you will get to place both sports and eSports bets. They both have high odds and multiple bet types. Featured sports include football, horse races, basketball, American football, baseball, and more. Featured eSports, on the other hand, include the League of Legends, DOTA 2, Valorant, PUBG, and CS:GO.

Other factors making AW8 the best online crypto sports betting website include its fast withdrawal processing speeds. They then extend to its mobile friendliness. This starts with operating a mobile-optimized AW8 casino website. The gambling platform has also launched one of the best mobile casino apps.

3. 12Play – Popular Crypto Sports Betting Site for eSports Gambling

/visit/aw8-ph is home to a decent range of eSports games and events that you can bet on. The most popular games to bet on include DOTA 2, SC:GO, League of Legends, PUBG, Mobile Legends, and NBA 2. We, however, liked it more because it integrates a live TV feature where you can live stream these competitions. Among the popular eSports to bet on 12Play include Ultra Prime, Team Spirit, Vitrus PRO, KwangDong Freecs, and Edward Gaming.

In addition to eSports, 12Play also features hundreds of traditional sports that you can bet on. These include football, golf, rugby, horse racing, swimming, baseball, hockey, cricket, and American football. Both the sports and eSports games carry highly competitive odds. The minimum wagering requirements, though variable, are also fairly low. Not forgetting that most games present you with multiple bet types.

12Play is also one of the best online crypto sports betting websites around because it is crypto-friendly. You can fund your betting account with such digital assets as Bitcoin, Ethereum, and Tether USD. Further, the website is highly intuitive – appealing to both beginner and professional gamblers. You will especially note that the website is optimized for mobile use, and all games are mobile-friendly. It then complements this by operating one of the best mobile betting apps.

4. BC.Game – Best Bitcoin Betting Website for Generous Bonuses – Up to 220,000 BCD Coins

BC.Game is one of the most popular crypto sports betting sites in the Philippines. This popularity may be partly attributed to its generous bonuses and regular promotions. For example, your first four deposits to BC.Game are treated to a 1080% welcome bonus up to 220,000 BCD coins.

Future deposits will also be treated to equally competitive reload bonuses. Not forgetting that you also get to participate in daily contests and regular promotions. All these have reasonable wagering requirements and expiry dates.

BC.Game is also popular because of its crypto friendliness as well as its appeal to the different types of gamblers. It is one of the few crypto exchanges that supports 20+ of the most popular digital currencies. These include BTC, ETH, LTC, BCH, SOL, ADA, DOGE, SHIB, BNB, USDC, AVAX, and more. It also has a quick and straightforward member registration process. You will then be ushered to its intuitive and highly navigable betting interface.

When betting on BC.Game, you will interact with a wide range of sports and eSports games and events. Popular games to bet on here include soccer, handball, basketball, ice hockey, golf, American football, tennis, and cricket. Racing events to bet on include horse racing and greyhound racing.

Featured eSports games, on the other hand, include DOTA 2, CS:GO, Fortnite, Valorant, NBA 2K, League of Legends, Valorant, and more. As is the case with the best sports betting platforms, BC.Game maintains competitive odds and multiple bet options.

Other factors making BC.Game the best online crypto gaming platform include its highly responsive support. This team is available 24/7 via live chat. The casino is also home to a wide range of online casino and live casino games. Plus, it has some of the fastest payout processing speeds with decently high withdrawal maximums.

5. Jiliko – Best Online Bitcoin Casino in the Philippines for Free Bonuses

Jiliko Casino has some of the best sports betting bonuses. Here, you can even claim a free 200 JCOINS (convertible for PHP 15) every Thursday at 8 PM. You may also claim free daily log in bonuses of between 50 JCOINS and PHP 38. Other bonuses include the 300% welcome bonus up to PHP 300.

Future deposits will also qualify for equally attractive reload bonuses and cash rebates. VIP Club members who bet PHP 20,000+ in championship lobbies also get to claim betting tournament bonuses of up to PHP 1288.

Jiliko is also the best sports betting casino in the Philippines because it has a decent sports library. It lets you bet on all the popular sports games and eSports tournaments. Among the most popular sports to bet on are football, basketball, baseball, hockey, NFL, golf and even horse racing. eSports games to bet on include CS:GO, League of Legends, PUBG, Overwatch, Call of Duty, and World of Warcraft. They all have competitive odds and multiple bet options.

Several other factors have us convinced that Jiliko is one of the best crypto sports betting websites in the Philippines. First is the fact that it is multi-platform and easy to use. You may choose to place bets on the Jiliko website or its intuitive mobile casino app. It also has a responsive support team available online via live chat 24/7. Plus, it integrates such responsible gambling tools as self-exclusion.

6. 1xBet – Top Bitcoin Betting Site With the Largest Sports Games Library

1xbet makes it here because of its large game library. It exposes you to more sports betting markets than any other online crypto casino on this list. At the time of writing, 1xBet gives you access to 3500+ sports markets and close to 300 eSports markets.

The most popular games to bet on here include football, tennis, basketball, ice hockey, volleyball, table tennis, cricket, and American football. Featured eSports, on the other hand, include DTA 2, Kings of Glory, League of Legends, Overwatch, CS:GO, PUBG, Mobile Legends, and more.

All the games featured on 1xBet casino have highly competitive odds. The top crypto sports betting casino in the Philippines also exposes you to multiple bet types. Among the bet types that you will interact with here are a multi-live bet and a bet on your national team. It is worth noting that 1xBet casino is heavily biased towards sports betting. It even integrates live TV for streaming eSports games. Additionally, it has a live results page that displays the score for other sporting events in real-time.

1xBet is also the best online crypto sports betting website in the Philippines because it is crypto-friendly. Today, you can deposit into 1xBet using 36 digital currencies. These include BTC, ETH, DOGE, BCH, LTC, SOL, BNB. USDT, AVAX, SHIB, and more. Notably, 1xBet has fast payout processing speeds and high withdrawal maximums.

Other factors making 1xBet the best Bitcoin sports betting site in the Philippines include its customer support. This team is available 24/7 online and over the phone. Further, 1xBet is one of the best Ethereum casinos in Philippines because of its solid reputation. These have helped it partner with the likes of CAF, La Liga, Serie A, FC Barcelona, and Paris Saint-Germain.

7. Bitcasino.io – Best Online Betting Casino Website with Cashbacks of up to USDT 25,000

Bitcasino.io offers its sports betting services via its sister site, Sportsbet.io. This is one of the most trusted Bitcoin sports betting sites in the Philippines famed for its large game library. It exposes you to 2500+ betting markets while letting you interact with the highest odds and multiple bet types. The bet markets are spread between traditional sporting events, eSports tournaments, and virtual sports.

Among the featured sports include soccer, basketball, tennis, golf, rugby, hockey, skiing, baseball, beach volleyball, and cycling. It also features racing events, which include horse racing, greyhound racing, and motorsports like F1. You also get to interact with not-so-popular games like Gaelic hurling, futsal, and floorball. eSports include League of Legends, and Volorant. DOTA 2, Fortnite, CS:GO, World of Warcraft, and Roblox.

While betting on this platform, you are exposed to multiple generous bonuses and regular promotions. These include the Slam Dunk free bets of up to USDT 300. You also stand to win up to USDT 100,000 weekly when you bet on EPL’s bet-free 6-6-6. In addition to this, participate in regular daily, weekly, and seasonal promotions. All these have reasonable wagering requirements and expiry dates.

You may also want to use Sposrtsbet.io because it is a highly reputable sports betting platform. At the time of writing, it is the official partner of several sports clubs and brands. These include Newcastle United FC, Southampton FC, FIBA WASL, Imperial eSports, Akifumi Takahashi, Brett Lee, and Denilson de Oliviera.

8. Gembet – The Best Online Crypto Casino for Virtual Sports Betting

A number of factors help make Gembet one of the best online crypto sports betting websites in the Philippines. Among these is its support for an impressive sports library covering 1000+ markets. These markets are spread over sports games, eSports tournaments, and virtual games. The most popular sports to bet on here include American football, basketball, tennis, handball, football, Ice hockey, volleyball, and boxing.

Featured eSports to bet on at Gembet include League of Legends, Counter-Strike 2, DOTA 2, Overwatch 2, King of Glory, Warcraft III, and Mobile Legends. Virtual sports, on the other hand, include eFootball and eBasketball. The majority of games featured on Gembet have highly competitive odds. You are also exposed to multiple bet types – including live betting.

Other factors helping Gembet make it to this list include its support for crypto and user-friendliness. Its crypto-friendliness is evidenced by its support for such popular digital assets as BTC, ETH, and USDT. The user-friendliness is evidenced by its highly intuitive multi-platform betting platforms. Both the Gembet website and mobile casino are easy to use and appeal to both beginner and professional bettors.

9. HotBet – Best New Sports Betting Casino with Multiple Free Bets

One of the best selling points for Hotbet sports betting casino is its user-friendliness. The multi-platform casino has a highly intuitive and easily navigable betting interface on both the web and mobile apps. Its appeal to both beginner and professional gamblers is further exacerbated by its crypto-friendliness.

Today, you can fund your Hotbet casino account with 10+ digital assets. However, these aren’t the only reasons why we feature Hotbet among the best crypto sports betting sites in the Philippines.

We list Hotbet among the best primarily because of its generous bonuses and extensive game library. Upon creating a new member account on Hotbet, for example, your first deposit will be treated to a 100% welcome bonus of up to €100. You also get a 50% reload bonus up to €50. New members will also receive a €25 free bet and a €50 free bet each month.

The sports betting platform will give you access to 3000+ markets. Among the features, sports games include football, baseball, volleyball, badminton, Cycling, and golf. eSports games that you can bet on today include Counter-Strike 2, Valorant, Starcraft, League of Legends, Call of Duty, and Valorant. Virtual sports, on the other hand, include eFootball and eBasketball.

Several other factors help make Hotbet one of the best Bitcoin sports betting websites in the Philippines. For starters, Hotbet operates one of the best crypto casino mobile apps. It also operates a Curacao gaming license and is reputable for its reliability and fast payout speeds.

Top Bitcoin Sports Betting Bonuses Compared

Hereinabove, we have discussed the best online Bitcoin sports betting websites in the Philippines. In the table below, we compare the welcome bonuses offered by the different crypto casinos. We also look at the number of supported sports and eSports games as well as their supported crypto.

 

Best Bitcoin Sports Betting Sites Sorted by Category

In this section, we will compare the crypto sports betting casinos and point out their core strengths. The table below highlights the standout feature of each of the best Bitcoin sports betting sites discussed above.

 

The Benefits of Playing at an Online Crypto Sports Betting site in the Philippines

There are multiple benefits of playing at an online sports betting casino as opposed to a land-based casino. In this section, we discuss the most common:

• Best anonymously: Most online crypto sports betting casinos, unlike land-based casinos, will let you play anonymously. They do not ask for personal information when creating your punter account. They also do not ask you to verify your identity. The majority also commit to not sharing sensitive information like betting patterns with third parties.
• Low stake amount: The best online Bitcoin sports betting platforms also maintain relatively low stake amounts. Even with the low wagering amounts, they still offer higher odds and payout maximums than some land-based casinos.
• Large game variety: Most online crypto betting platforms expose you to international sporting events. This often translates to a larger game library featuring both popular and not-so-popular sports to bet on. These online casinos also tend to expose you to more bet types than land-based casinos.
• Fast payout processing: By depositing and withdrawing in/out of an online casino with crypto, you cut the middleman. This means less bureaucracy and faster transaction processing speeds. It also translates to higher daily, weekly, monthly withdrawal maximums.
• Access to different types of casinos: There are more offshore crypto sports betting sites than land-based casinos in the Philippines. These give you access to the widest range of features and sports to bet on. We
• Access higher bonuses and promotions: Online crypto sports betting sites are constantly trying to out outdo each other. They want to prove more appealing and draw in as many new members as possible. They also want to retain as many existing clients as possible. One way of doing this is by giving both new and existing punters access to high bonuses and regular promotions. These bonuses and promotions also have the most competitive wagering requirements.

Factors to Consider when Choosing the Best Sports Betting Website in the Philippines

Finding the best crypto sports betting site in the Philippines can be overwhelming. In this section, though, we share top tips for finding the best sports betting website in the Philippines.

• Regulation and reputation: We advise that you only register a sports betting account with a regulated gambling site. It should also have a solid reputation for reliability. Check online reviews of its existing and past clients to determine its reputation.
• Ease of use: You will also want to ensure your preferred sports betting site is easy to use. Its betting interface should be easily navigable and have some of the fastest transaction processing speeds.
• Mobile friendliness: When it comes to mobile-friendliness, you will want to confirm two key things. First, ensure that the online crypto sports betting site is optimized for mobile use. Secondly, ensure that the online gambling site has a stand-alone mobile casino app. Both platforms should be easy to use.
• Gaming library: The best crypto sports betting site in the Philippines should be home to a large game library. It should expose you to thousands of betting markets. These can be sports, eSports, or virtual game markets.
• Crypto support: Your preferred online sports betting website in the Philippines should be crypto-friendly. Register with an online gambling platform that processes deposits and withdrawals of as many digital assets as possible.
• Safety: The best crypto sports betting site is the safest. Confirm whether your preferred sports casino provides its platform users with free digital wallets. Further, check online reviews and user testimonies to confirm whether it has ever been hacked. Only go for the safest crypto sports gambling site.
• Customer support: The preferred online sports site should have a highly responsive customer support team. The support team of most sports betting sites is available 24/7 via live chat. It would be nice if your preferred sports betting site’s support team were available over the phone, too.
• Bonuses and promotions: The best Bitcoin sports casino in the Philippines should have generous bonuses and promotions. These include welcome and reload bonuses as well as cash rebates. But even more importantly, these bonuses and promotions should have reasonable wagering terms.

Best Bitcoin Sports Betting Apps in 2025

We have already mentioned we considered mobile friendliness when vetting popular online crypto sports betting sites. You will also note that virtually all the Bitcoin sports betting websites we have discussed above have standalone mobile apps. These come in handy in helping sports bettors keep check of their bet slips while on the move.

Most betting casinos’ mobile app integrates all the features of the betting website. This means that you can also create new bets and cash out using the app. They will even let you make crypto deposits and request withdrawals via the app. Further, the app is home to all the sporting events featured on the betting website. Want to start sports betting via a mobile app in the Philippines? The following online Bitcoin sports betting sites operate the best mobile apps:

• AW8 – 288% welcome bonus of up to PHP 28,880
• Jiliko – 300% welcome bonus up to PHP 300
• 1xBet – 100% welcome bonus up to PHP 5400

Best Sports to Play at Cryptos Betting Sites in the Philippines

One of the most appealing features of any crypto sports betting site is a large game library. In the best Bitcoin sports betting website should expose you to as many games as possible. You will want to sign up with a gambling site that exposes you to both popular and niche sporting events. The ideal gambling site should also give you access to thousands of betting markets. Importantly, each of the covered sporting events or tournaments should have competitive odds and multiple bet types.

The majority of the best Bitcoin casino websites in Southeast Asia cover three types of sporting events. The most popular are traditional sports events and tournaments. Examples of these are Football, basketball, baseball, boxing, martial arts, golf, table tennis, and skiing. The second most popular activity to bet on is eSports.

Commonly featured eSports games include Dota 2, League of Legends, Mobile Legends, Call of Duty, CS:GO, PUBG, and Fortnite. The third is virtual sports – mainly eFootball and eBasketball. The following crypto sports betting sites have some of the widest range of supported sports in the Philippines:

• 1xBet – 100% welcome bonus up to PHP 5400
• Bitcasino.io – Slam Dunk free bets of up to USDT 300
• Jiliko – 300% welcome bonus up to PHP 300

Best Cryptos Betting Sites in the Philippines for Live Betting

The completive nature of online crypto sports betting sites has seen them introduce new bet options – including live betting. As the name suggests, this involves placing bets on an ongoing game. To achieve this, most casinos integrate live TV coverage of these games. But these mostly stream eSports games.

For premium sporting events like the EPL football matches, the NFL, and the NBA, the website provides live results. They have a dedicated section on their website or app that shows the live score of these games. The best online Bitcoin sports betting sites in the Philippines for live betting and live streaming matches include:

• 1xBet – 100% welcome bonus up to PHP 5400
• BC.Games – 1080% welcome bonus up to 220,000 BCD coins
• Bitcasino.io – Slam Dunk free bets of up to USDT 300

Types of Crypto Sports Betting Bonuses in the Philippines

Bonuses and promotions should be a key consideration when choosing the best crypto trading platform. They are important because they play two key roles in your gambling endeavours. First, they extend your playtime. Secondly, they help you increase your chances of winning. Below, we look at the five types of crypto bonuses available in the Philippines today.

No deposit Bonus/Free Bonus

As the name suggests, this refers to the bonus you receive for simply creating a punter account. Some sports betting sites will forward the bonus to you as soon as you create your account. Others will ask that you first verify your email or phone number. This bonus amount is typically low and attracts very reasonable wagering requirements.

Risk-free bonus

The risk-free bonus works like the free bonus. However, you only receive the free money after making a deposit and placing your first bet. A risk-free bet may also be viewed as a reimbursement of your first bet. It is the amount of money a sports betting site refunds you should your first bet lose. Like the free bet, the risk-free bet bonus amounts are typically low. They also have pretty reasonable wagering terms.

Welcome bonus

The welcome bonus is often referred to as the matched deposit bonus. After creating a punter account and making your first deposit, the casino may choose to match your deposit with free money. Some will extend the matched deposit bonus past the first deposit to the next two, three, or four deposits. This deposit may be in the form of cash, cash rebates, or free spins (in the case of slots casino).

The welcome bonus is designed to draw in new users to a sports betting site. Note, however, that cash-out wins derived from betting the bonus funds aren’t easy. You first need to meet the associated wagering terms.

Reload bonus

As the name suggests, a reload bonus is issued to existing sports betting clients when they make a successive deposit. The reload bonus may also be in the form of cash, cash rebates, or free spins. As is the case with welcome bonuses, the site offering the reload bonus matches your deposit by a certain percentage. You will also need to fulfil wagering terms before withdrawing wins made from betting the bonus money. The reload bonus is designed to encourage future deposits and to retain existing sports bettors.

Cash rebates

Cash rebates are also commonly referred to as cash-back bonuses. They refer to the amount of cash that a sports betting site gives back to you as a percentage of your losses. The rebate is designed to reward loyalty and encourage individuals to continue playing on the site.

How to Get Started with a Bitcoin Sports Betting Site in the Philippines

You are now familiar with the best online Bitcoin sports gambling platforms in the Philippines. In the section below, you will learn how to place your first sports bet at an online crypto casino. 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 AW8

Open the official AW8 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 cryptos at a reputable altcoin exchange

To buy cryptos, you will need to first create an account with one of the best crypto exchanges in the Philippines like Binance. The good thing is that Binance 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 Binance, confirm that it is supported by your preferred betting site.

Step 3: Fund the betting account

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 AW8. 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

After the funds are reflected 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

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.

The Best Crypto Wallets for Sports Betting Sites

Now that you know how to place a sports bet, you also need to learn how to keep your crypto wins safe. This involves acquiring a safe and secure digital wallet. But before settling on any crypto wallet, you need to familiarize yourself with the different types of wallets. Here are the three most common:

Cloud Wallets

Cloud wallets are also referred to as web wallets and are primarily provided by crypto exchanges. They can also be provided by crypto sports betting platforms and third-party crypto custody providers. When using a cloud wallet, you are essentially handing over control of your digital assets to a third party. These crypto storage service providers aren’t the safest.

It is not uncommon for exchanges to get hacked, like it happened with Mt Gox. Some will even misappropriate client digital assets, as it recently happened with the bankrupt FTX exchange. In fact, we don’t encourage our readers to leave their cryptos at an exchange of crypto sportsbook sites.

Software wallets

Software wallets refer to computer programs and mobile apps designed to keep cryptos safe. When installed on a computer, these are referred to as desktop wallets. In the case of smartphones, they are referred to as mobile wallet apps. These are non-custodial and encrypt your keys heavily before depositing them into the root storage of your device. They, too, aren’t safe as they are exposed to cybersecurity and malware threats.

Hardware wallets

As the name suggests, these refer to hardware devices that are specially designed to keep your cryptos safe. These present you with the safest means of safeguarding your digital assets. They are safe because they – unlike web and software wallets – hold the private keys for your digital assets offline. Note, however, that, unlike the other types of wallets, hardware wallets aren’t free. To keep your cryptos safe, we advise you to invest in a reliable digital asset.

Are Bitcoin Sports Betting Sites Legal in the Philippines?

Yes, crypto sports betting sites are legal in the Philippines. We started by stating that the Philippines is on the path of establishing itself as the gambling capital of Southeast Asia. In fact, a recent study reported that Manila is zeroing in on Macau when it comes to a number of casinos. We should start by observing that there is no law governing online crypto casinos in the country. Similarly, there is no law outlawing crypto casinos in the country.

Our conclusion on the legality of online Bitcoin sports betting sites in the Philippines is premised on two key factors. First is the acknowledgement of the legality of land-based and online casinos in the country. These are licensed and regulated by the Philippine Amusement and Gaming and Amusement Corporation (PAGCOR).

Just recently, PAGCOR announced its intention to reduce Gross Gaming Remittance (GGR) rates for land-based and online casinos. The rate cuts will take effect beginning April 2024 and reduce this rate from the current 50% to an average of 35%. Our observation is also premised on the fact that cryptos are legal in the country.

Conclusion – Bitcoin Sports Betting Websites in the Philippines

Our list of the best Bitcoin sports betting sites in the Philippines includes a host of brands eager to deliver a top quality service. The number one operator will always ultimately be a personal choice for each bettor, but we believe that BK8 is the current leader in a crowded field.

BK8 also offers great bonuses and you can claim up to %150 by signing up and depositing for the very first time.

Disclaimer: 18+ and other rules apply. Check your local laws to see if online gambling and the use of crypto assets are available in your region. Please remember to gamble responsibly.

References:

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Methodology

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300+ Gambling Sites Reviewed

1,100+ Game Providers Tested

300+ Hours of Research PER Month

1,000+ Bonuses & Promos Verified

At Crypto2Community, we recognize the importance of providing our users with timely and accurate information in the fast-paced world of online gambling, especially as it pertains to online platforms.

That’s why, here at Crypto2Community, we have an in-house review process that covers every aspect of a gambling website.

Including but not limited to:

• Regular Review Updates
• Casino & betting market
• Offers, bonuses, and promos
• Payment methods
• Regulation & Licensing
• Customer support

…and more.

You can read our full detailed guide on how we test gambling platforms featured on Crypto2Community.