Bitcoin betting is a popular activity around the world, however, gambling is not something that is supported everywhere. In South Korea, all forms of gambling are considered illegal, unless they are approved by some of the parties that have the ability to do so. What we mean is that things are not as bad as they may sound, there are some types of sports that Koreans can bet on. The list includes motorboat racing, sports betting tickets, cycle racing, horse racing, and lottery businesses. Generally speaking, the use of Bitcoin is not prohibited by authorities, and Bitcoin gambling is not specifically regulated. The law does not say anything about it, the ban covers all the online operators that want to have an online platform in South Korea. The good news is that there are a lot of Bitcoin bookmakers that accept Korean players, and it is possible to still bet with cryptos on several international offshore websites.
The process of betting in South Korea is simple and not different from all the other places in the world. There are several platforms that players can start their betting journey with, and some of them even offer the ability to do it for free for some time. Once the player finds his favorite crypto bookmaker and has the desired currency, all that’s left to do is signing up for the website, selecting a payment method, and depositing money. After that, it is already possible to start betting – if it happens that you have some problems with the betting process, you can always contact customer support service which will definitely be able to assist you.
It is true that Bitcoin is one of the most popular cryptocurrencies and almost all the platforms we are going to mention have it in their payment methods. However, you can also bet with other cryptos, the majority of South Korean bitcoin betting sites offer diverse payment networks and it is possible to deposit with currencies like Ethereum, Tether, Litecoin, Dogecoin, etc. It is also possible to have your payments made by fiat currencies.
Since it might not be an easy task for newcomers to make their decision on which platform is the best, we decided to provide you with the list of our top 3 crypto bookies. All of these websites we will mention below are fully regulated and licensed, considered reliable and trustworthy so you will not have to worry about your money and privacy. So, relax, sit back and enjoy the reading process while you discover your favorite betting platform for yourself.
1xBet was established in 2007. The crypto bookmaker offers almost every possible sport, with eSports betting as well as a lucrative 100% first deposit bonus!
100% up to $30
Established in 2017, Arcanebet Bitcoin bookmaker provides punters with 20 different sports, VIP experience and a 100% deposit bonus for new customers!
Coins: BTC, LTC, ETH, BCH, DOGE
Bonus: 100% up to 160,000 Won
The first on our list comes our absolute favorite 1xBet which is an experienced brand, that knows how to take care of its customers with high-quality services. Created back in 2007, the platform is licensed by Curacao, meaning that players can fully trust it. What we value the most about 1xBet is the number of payment methods they have available on the website. It is mainly focused on crypto payments (30+ in total) which include the most popular types – Bitcoin, Ethereum, and Litecoin, as well as the less popular ones – Cardano and Chainlink for instance. Players can also make fiat deposits and almost all popular platforms are in partnership with 1xBet.
When it comes to sports betting, this South Korean BTC bookmaker offers all the popular sports that include Football, tennis, basketball, and table tennis. It will not be a surprise to say that football is the one that players bet on the most, as matches are held every day and it gives you more possibility to win. In the sports section, you can find a weird betting option which is called “Bets on Politics” and lets you make predictions about parliamentary or regional elections. Sounds exciting, right?
If you are a bonuses and promotions lover, then we have some good news for you. 1xBet welcomes newcomers with a 100% welcome bonus which you receive after signing up for the website and it is up to $100 in total or equivalent in other currencies. Regular users have the privilege of using a promo code store – when you place bets, you collect bonus points which later can be exchanged for promo codes. All in all, with all these things mentioned above, we really do believe that this South Korean crypto sportsbook is making players’ betting experience more comfortable and enjoyable.
Bonus: 100% up to 115,000 Won
One of the best Korean bitcoin bookmakers is Rivalry, which was launched in 2018. Even though it has not been in the industry for a long time, this crypto website already is a favorite gambling destination for some players. Right now, it is possible to make deposits with a lot of different payment methods, one of which is Bitcoin. There are no other cryptos supported by Rivalry right now, but it plans to implement additional options in the future. It is important to note that none of the payment methods come with any additional fees as the casino covers it for you and besides that, the processing time of transactions is mostly instant.
As for promotions, there is only a welcome bonus available at the moment, but it’s a pretty good amount to start with. A 100% deposit bonus is up to $100 in total and lets you double your money on the first deposit. In order to claim this, you need to use code RIVALRY 100, otherwise, it will not be possible to claim the reward.
In the betting section, players are able to discover Sports and eSports options. Sports betting covers all the popular types of games that include Football, basketball, tennis, hockey, etc. The dashboard is pretty eye-pleasing and easy to navigate – meaning that you can easily scroll through different tournaments and championships and place bets in a very simple manner.
Bonus: 100% up to 35,000 Won
Created back in 2017, Arcanebet is one of the South Korean bitcoin bookmakers that are specialized in both – sports betting and casino games. The brand is fully licensed by Curacao, which means that it can be considered trustworthy and reliable. If you are a crypto lover, right now you will only be able to make deposits with Bitcoin, however, the crypto payment list is going to be expanded soon. When it comes to fiat currencies, there are more than 20 ways to pay, some of the popular ones include Visa, Mastercard, Skrill, and Neteller.
The bonus lovers can get quite happy on Arcanebet, as it is rich in promotions. The standard welcome offer is not different from the majority of casinos’ welcome bonus and gives players a 100% match deposit which is up to 200 euros in total. If you become a loyal player, you can get the taste of VIP club, which has unique features not accessible for all kinds of players. Getting personalized offers is something that can make a player feel really special.
You can discover up to 20 different sports on Arcanebet, from which soccer is the most popular one. The Esports section is also available on the website, making it easier for you to have a memorable betting experience that is not repetitive and boring. In addition, players can try casino games including online slots and live casinos, that are offered by some of the industry’s most-known, high-quality software providers.
Above, we gave you the list of the best bitcoin sportsbook South Korea that happen to be our favorite. However, there are several others we would like to recommend, so you will not feel like you are missing out on something. The names we give you are chosen based on reputability, trustworthiness, and the comfort they bring to the overall betting experience.
Coins: BTC, BCH, ETH, USDT, and 5 others
Bonus: 100% on deposit
Cloudbet is considered one of the most reputable brands in the online gambling industry and it is no surprise as the platform was created back in 2013. With all the experience in the field, this crypto-oriented bookmaker offers players different crypto payment methods including Bitcoin, Ethereum, Bitcoin Cash, LINK, PAX, USDC, and others. Players with fiat currencies can not deposit on the website. However, the use of cryptos makes it possible for the website to make all the transactions safe, fast, and anonymous, which is a dream come true for most punters.
Cloudbet is known for its generous bonuses. For instance, the welcome bonus alone offers a 100% boost which is up to 5 BTC in total and can be claimed after making the first deposit. We think that this amount is pretty big for someone who just starts his betting journey. Besides the welcome bonus, you can discover weekday bonuses that are active on specific days of the week and add extra value to your deposits.
When it comes to sports bettings, players are able to place bets on more than 20 different sports. Soccer is the most popular type and you can place bets on various matches daily. Besides sports betting, you can also play casino games such as online Slots, Blackjack, Roulette, and many others. All in all, this bitcoin sportsbook in South Korea is pretty attractive and definitely worth trying.
Coins: BTC, ETH, LTC, BCH, XRP, USDT
Bonus: 5% up to 700,000 Won
ThunderPick is a fully crypto-based platform and is a perfect place for digital coin users that love to gamble. This website is welcoming all kinds of players, starting from sports betting lovers, ending with casino game enthusiasts. With its diverse game portfolio, the ability to bet on major leagues, and super-friendly user interface, this crypto bookie easily has the chance to become your favorite.
Right now, it is possible to bet with cryptocurrencies like Bitcoin, Ethereum, Litecoin, XPR, Tether, and Bitcoin Cash. Fiat-based payments are not available. However, you already know the benefits of using cryptos – safe and fast payments are guaranteed and you can stay anonymous.
Thunderpick’s betting dashboard is one of the most simple and useful that we have come across. For example, if you decide to visit the football section, you can easily access the board where all matches are displayed with their odds. At the right corner of the website, there is another handy tool that lets you check all the ongoing bets – you can even switch to the chat option where you can have discussions with other players.
Coins: BTC, LTC, ETH, BCH, DOGE
Bonus: 111% up to 2 million Won
One of the best bitcoin bookies in South Korea is Betflip that was created in 2018 by an experienced group of people and that’s why it became so successful in a short amount of time. There are diverse crypto payment methods available on the platform and the list includes Bitcoin, Dogecoin, Litecoin, Bitcoin Cash, and many others. The good news for some punters might be the fact that fiat currencies are also available and you can easily make deposits and withdrawals with them as well.
Betflip welcomes new players with a generous 111% welcome bonus which is up to 1500 euros and it is possible to use this money with any kind of sports available on the website. The number of sports you will be able to discover is up to 15, including soccer, basketball, boxing, darts, etc. The live betting option is something that you might enjoy, as it enables you to place bets on ongoing matches, which is quite fun and exciting.
With the rising popularity of the esports industry, South Koreans mostly bet on eSports, due to how large the scene is there. Players from South Korea usually bet on games like League of Legends (also known as LoL), Starcraft, and other popular games in the region. It is important to note that sports bets are rather rare, however, due to the fact that South Koreans generally love betting, bets are frequently made on popular sport types such as football and baseball.