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by Sam Cassidy on June 25, 2021

Best Sportsbook Accepting BTC on Tokyo 2021 Summer Olympics

Tokyo Summer Olympics were postponed amid the coronavirus pandemic in 2020. This was the first time such a thing actually happened if we do not take into account World Wars, where the event was canceled. However, from 23 July to 8 August Tokyo 2021 Olympics will go ahead. 205 nations with more than 11,000 participants will try their maximum to win as many medals as possible.

The 2020 Games will see the introduction of new sports such as 3×3 basketball, madison cycling, freestyle BMX. In total, we will witness 339 events in 33 sports and 50 disciplines. Also, a limited number of fans will be allowed at venues – up to 10,000 which will be a relief for people who want to observe this amazing event.

One thing that might interest people is that Russia will not be allowed to take part in the Olympics amid the doping scandal. Also, North Korea will miss the event due to coronavirus fears.

According to previous statistics, over 3.5 billion people will be watching Tokyo 2020 Olympic Games. What’s even more interesting, the number of people betting on the Olympics rises rapidly and it is anticipated that millions of punters are going to make predictions on different events. Let’s continue and find out the best bookmakers that accept crypto and offer magnificent bonuses.

How We Rated Bookmakers?

Tokyo Olympics is a major event that unites people and athletes are training a lot to be eligible for taking part in this tournament. When we decided to choose the best sportsbooks for the 2020 Olympics Games, we paid attention to several factors. The first and most important one in our choice was the odds. The higher the odds – the better for punters because it increases the chances for more winnings. Then we looked at different sports and how many options there are for betting. The final step was checking the available bonuses. Without promotions, it is difficult to talk about the quality of a sportsbook.

Top 3 Bitcoin Sportsbooks for 2020 Olympics Betting

Tokyo Olympics 2020 is a major event and you will definitely need prominent and high-quality sportsbooks to start betting on different events. We have created a list of the best BTC sportsbooks for Olympics betting that have a wide range of matches. Check these bookmakers below – sign up and start betting!

TOP CHOICE

1xBet

Year Established

2007

100% up to $100

Get Bonus

Licence

Tech Provider

Coins

Processing Time:

Instant

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!

22Bet

Year Established

2017

100% up to $100

Get Bonus

Licence

Tech Provider

Coins

Processing Time:

Instant

Over 50+ sports and eSports, crypto payments and a first deposit bonus of 100% up to €100! Join 22Bet and start betting today!

GGBet

Year Established

2016

100% Up To $200

Get Bonus

Licence

Tech Provider

Coins

Processing Time:

Instant

GGbet has 50+ sports to bet on. Including a huge eSports selection. The site offers 4 different deposit bonuses and a 15% cashback that goes up to 100 euros.

Note that CryptoBetting may be compensated when you click the link. Visit our affiliate disclosure page for more details.

1xBet

1xbet sportsbook logos

Coins:  BTC, LTC, ETH, BCH, DOGE

Bonus: 100% up to $100

License: Curacao

1xBet is a crypto sportsbook that covers all sports, leagues, championships, and tournaments. From major tournaments to less popular ones you will find everything. Tokyo Olympics 2020 is no exception. Every sport from the 2020 Olympics is present on the website. You can bet on athletics, swimming, football, basketball. Outright betting is a possibility. Not only you can predict a winner of a particular discipline, but also the winner of the whole tournament – which country will collect the most medals. Live betting on separate sports is provided. Odds are one of the highest compared to other bookmakers and most importantly you can enjoy a wide array of selections. They vary from sport to sport.

As for bonuses, there is only a 100% welcome bonus available that you can use for sports wagering, but as the Olympics will advance, more and more temporary promotions will be provided, including different prizes and rewards for customers.

Sign Up on 1xBet Here!

22Bet

22bet sportsbook logo

Coins: BTC, LTC, DOGE, ETH, XRP, USDT, and 19 others

Bonus: 100% up to $100

License: Curacao

22Bet crypto bookmaker like 1xBet appeared relatively recently in the gambling industry, but the bookmaker already offers a wide ranger of sports and tournaments. Tokyo 2020 Olympics are included as well. It comes as no surprise that all matches and events will be present on the sportsbook’s website, let alone the least popular ones. The odds on the offered events are good. Depending on the sport you are going to choose for betting selections will vary, but there are no limitations. Outright betting covers both the overall winner of the Olympics with the most medals and winners by particular sports. Placing bets during the course of a match is available on sports like football, tennis, basketball, etc.

The sportsbook offers a massive 100% welcome bonus on your first deposit. The maximum amount you can get is 100 EUR or equivalent in other currencies. The received funds are subject to wagering and you can use them in Olympics.

Sign Up on 22Bet Here!

GGBet

ggbet sportsbook logo

Coins: BTC

Bonus: 100% up to $200

License: Cyprus

GGBet’s main specialization, when the bookie was established back in 2016 was eSports and the brand introduced a new concept in betting, but since then offered diverse options to customers. GGBet stands out from other bookmakers with its odds, services, and bonuses. Tokyo Olympics 2021 is an event that takes up a major place on the bookmaker’s website. The provided odds are pretty good, which will instantly maximize your winnings if your predictions are correct. You can include different sports in your betslip and a wide range of selections in addition to moneyline betting will provide more space for maneuvering. Live betting is available on the website, but it is generally not advisable to place live bets on every sport unless you know this particular sport in detail.

As for the bonuses, when there is a major tournament taking place in the world, GGBet always offers temporary bonuses. Also, there are deposit bonuses added constantly on the website.

Sign Up on GGBet  Here!

Other Crypto Sportsbooks for Olympics 2021 Betting

In addition to the top 3 sportsbooks mentioned above, we also have additional betting sites you can turn to for Olympics 2021 betting. These operators also have decent experience under their belt as well as good offers and services. Check out the list below and start winning!

Betonline

Coins

Deposit Bonus

100% up to $1,000

Get Bonus

Licence

Cloudbet

Coins

Deposit Bonus

100% Up To 5 BTC

Get Bonus

Licence

Sportsbet.io

Coins

Deposit Bonus

Changes Every Month

Get Bonus

Licence

Stake

Coins

Deposit Bonus

200% Up To $1000

Get Bonus

Licence

Note that CryptoBetting may be compensated when you click the link. Visit our affiliate disclosure page for more details.

Sportsbet.io

sportsbet sportsbook logos

Coins: BTC, LTC, ETH, USDT, XRP, TRX

Bonus: Changes every month

License: Curacao

Sportsbet.io crypto bookmaker was one of the first companies that started accepting cryptocurrencies on sports betting. Olympics 2021 on the website is a popular option for punters and the odds offered on these games are high as well. We should note that different sports and events have a wide selection of additional options. For example, if you were to bet on football, you will get the same selections as in other tournaments (total goals, handicaps, correct score). Also, live betting is available on Sportsbet.io and you can change the initial prediction at any moment during the match. Outright betting is available and you can guess who will end up as a winner during the tournament.

As for bonuses offered by Sportsbet.io, the most used one is a Price Boost, which will grant increased odds on the selected matches. Furthermore, temporary promotions are added regularly in competitions.

Sign Up on Sportsbet Here!

Cloudbet

cloudbet sportsbook logo

Coins: BTC, BCH, ETH, USDT, and 5 others

Bonus: 100% on deposit

License: Curacao

Olympics 2021 has one of the leading places on Cloudbet’s website. On the bookmaker’s website, sports are categorized in different sections. 2020 Games engulf different sports disciplines and the majority of them will be available on the website. Odds are pretty normal – slightly higher than the established standards. While the number of additional bet markets is limited, still you can bet on different outcomes, such as handicap, total points, correct score, eventual winners, etc. Live betting on the website is also supported meaning that you will get a chance to place bets during the course of a match.

Cloudbet does offer a massive 100% crypto bonus of up to 5 BTC or equivalent in other currencies. At the same time, regular tournaments are held where you can compete against other punters and receive various prizes.

Sign Up on Cloudbet Here!

Stake

stake sportsbook logo

Coins: BTC, BCH, ETH, LTC, DOGE, XRP, TRX, EOS

Bonus: 200% up to $1000

License: Curacao

Stake crypto sportsbook was founded in 2017. The brand is known for its partnership with a famous MMA fighter Israel Adesanya. In addition, you can already discover some of the matches from Olympics 2021, including volleyball, where you can place long-term predictions and maximize your winnings. At the same time, almost every competition and event are available on the website with perfect odds and a large array of additional bet market. Outright betting is supported by the sportsbook. If you want to predict who will win the volleyball title, you can freely include this selection in your betslip.

We should note that the majority of Stake bonuses are not permanent and last only for a limited period of time. There are tournaments you can engage and beat other players. In addition Olympics promotions are likely to be added on the website.

Sign Up on Stake Here!

Betonline.ag

betonline sportsbook logo

Coins: BTC, LTC, ETH, BCH

Bonus: 100% up to $1000

License: Curacao

Betonline.ag sportsbook is a popular brand in the American region and no wonder it attracts a lot of punters from the United States – the country which is the main favorite to claim the majority of gold medals. The sportsbook appeared almost 30 years ago and since then has firmly established itself in the online gambling industry. We should point out that the bookmaker has a lot of sporting events and Olympics 2021 is one of them. Here you can bet on almost every discipline – including the rarest one. Predicting the winners of disciplines is limited. Odds are high, and the additional bet market is attractive. You can switch between different odds formats depending on your preferences.

As for the additional bonuses, the sportsbook grants new users a 100% crypto welcome bonus on the first deposit. You need to take into account that the minimum deposit required is $20,00 or equivalent in other currencies.

Sign Up on Betonline Here!

Latest Odds for Olympics 2020 Winners

We have mentioned at the beginning of our article that there are a lot of sporting events and disciplines featuring in this Olympics. While Russia is not allowed to take part in Tokyo Games, we will not see a huge favorite competing for medals. They still can compete under a neutral flag but probably it will affect athletes. The obvious favorites to win the majority of medals are the United States. They have a fantastic squad in almost every discipline. At the same time, China is a heavy favorite to challenge the United States. In fact, it depends whether we are talking about the overall medals or gold ones in particular. I think in both cases, the United States has a slight advantage over China. The UK is a force to reckon with as they have a lot of top-class athletes.

In basketball, I think that no one will come closer to the United States. Most likely, Kevin Durant, LeBron James, Steph Curry, and elite players will go with the team and I do not see any of the countries that can defeat them. In football, making predictions is more difficult, because it is not at the same level as basketball in terms of popularity and prestige. I believe that Brazil has chances.

New sports will be introduced in this edition of the Tokyo Olympics. We need to emphasize, that the limitations of the spectators will definitely affect the tournament because players will not get enough support from their fans.

The Bottom Line

There is little time left for the Olympics 2021 to begin. Countries and athletes are in a preparatory process and they need to do whatever it takes to win the most medals. I think that depends on a lot of circumstances, it is a difficult task to predict who will end up as the winner with the most medals. The United States are obvious favorites in basketball, but I cannot say the same about the other ones. While there are no matches provided, you can still bet on outrights and guess winners by particular sports. Odds are high and there is no better time than now to make your predictions.

FAQ on Olympics Betting

Who are the favorites to win Tokyo Olympics 2021?

The main favorites to win Tokyo Olympics 2021 in my opinion are China, Great Britain, and the United States. They have a lot of high-quality athletes that can excel in different disciplines. While Russia is absent amid disciplinary reasons, I do not think that neutral athletes will do anything in the upcoming tournament.

Can VAR influence odds for Olympics 2021?

Yes, VAR can influence the odds for Olympics 2021. Basically, this system is going to be used in football only. Whether there are goals scored from offside, or penalties awarded unfairly to the teams, everything will be checked. You can also place bets on the option if VAR will be used in a particular match.

Where to bet on Olympics 2021?

I would advise betting on Olympics 2021 at 1xBet. The bookmaker is a prominent betting site offering a plethora of tournaments, a wide array of additional bet markets, and large odds. In addition, you can claim a massive welcome bonus of up to 100 EUR, which you can use in Olympics 2021 betting.

By Sam Cassidy

Sam Cassidy

Samantha (Friends call her Sam) has a strong background in PR and marketing. She has worked for different firms and a few betting sites as well. She is the resident export of quality assurance in the Crypto Betting team. Her experience and knowledge about the ways a company tries to market its products and services are incredibly useful and gives her an upper hand. After graduating from college she has been working hard to make sure the companies she has worked for maintained consistency in regards to their promotional content.

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