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Best Bitcoin Betting Sites in Indonesia

Bitcoin has long been an established online payment method all over the world, including in Indonesia. Did you know that you can bet at Bitcoin betting sites in the country as well? On this page, we’ll learn everything there is about betting sites that take Bitcoin and how the method works.

Best Online Bookmakers that Accept Bitcoin

Rank Bookmaker Rating Bonus Get bonus
1
4.5/5
Welcome Bonus up to 20,000,000 IDR
 PlayRead review
2
4.5/5
Welcome Bonus up to 1754000 IDR
 PlayRead review
3
4.5/5
100% welcomme bonus up to 1,663,300 IDR
 PlayRead review
4
4.5/5
100% bonus match up to 2.000.000 IDR
 PlayRead review
Table of Contents

Brief History of Bitcoin and Its Value as a Betting Payment Method

Bitcoin first appeared in 2009, introduced by an individual or group under the pseudonym Satoshi Nakamoto. It was the first digital currency to solve the double-spending problem without the need for a trusted authority or central server.

The concept of Bitcoin introduced the idea of peer-to-peer transactions that are verified by network nodes and recorded on a public ledger known as the blockchain.

For you, the online bettor, Bitcoin offers quicker transactions than any traditional methods you might think of. It can also have lower fees than traditional banking methods if you pick offloading times on the network.

This speed and cost-efficiency make Bitcoin ideal for placing bets on online bookmakers. At the same time, Bitcoin maintains your privacy by not requiring personal details for transactions. This means you can place bets without sharing sensitive information.

Year of Launch

2009

Owned By

Pseudonym Satoshi Nakamoto

Availability

CEX, DEX

Security

Decentralised Distributed Ledger

Transaction Speed

10-60 minutes

Transaction Fee

Depends on network traffic

Is Bitcoin Legal in Indonesia?

Bitcoin operates in a gray area in Indonesia. The government doesn't recognize Bitcoin as a legal currency. In 2018, it issued regulations to prohibit the use of cryptocurrencies, including Bitcoin, for payment transactions. However, trading and holding Bitcoin as an investment are not banned.

What does it mean for you as an Indonesian bettor, you ask? Well, while you cannot use Bitcoin for direct purchases or payments, you can still participate in Bitcoin betting sites! Bitcoin bookies offer you an alternative to engage in sports betting sites that accept Bitcoin, from soccer to esports.

When you use Bitcoin on these sites, it can help you maintain privacy and bypass some traditional banking restrictions, which is a significant advantage.

Also, the decentralised nature of Bitcoin helps you maintain privacy across the board. So, unless you’re broadcasting the news of using Bitcoin betting sites, you’ve got nothing to worry about in Indonesia.

Setting Up a Bitcoin Account

Well, Bitcoin is not a direct payment method, it’s not even centralised. So, you can’t create a “Bitcoin Account” per se. What you can do is create a crypto wallet and purchase BTC from a centralised or decentralised exchange.

Here are the steps of the process.

  • Create a Bitcoin Wallet
    step 1

    Choose a wallet to store your Bitcoin. Popular options include Coinbase Wallet, Electrum, and Trust Wallet. Each offers unique features suited to different needs.

  • Visit a Reputable Exchange
    step 2

    Sign up at a trustworthy exchange like Coinbase, Binance, or Kraken. These platforms are known for their security and ease of use.

  • Purchase BTC with Fiat Currency
    step 3

    Once your account is set up, you can buy Bitcoin using fiat currencies such as USD, EUR, or IDR. These exchanges support various payment methods, including bank transfers and credit cards.

  • Transfer BTC to Your Wallet
    step 4

    After purchasing, move your Bitcoin from the exchange to your wallet. This step is crucial for keeping your funds secure.

How to Fund Your Bookmaker Account with Bitcoin

Now that you have BTC in your wallet, you’re ready to deposit some in your bookie account. All you have to do is follow the steps below.

  • Log In to Your Account
    step 1

    First, access your account on the bookmaker's website. If you don’t have an account yet, you’ll need to register.

  • Navigate to the Deposit Section
    step 2

    Once logged in, find the cashier or payments section. Then, go to the deposit tab where you’ll find the list of available options.

  • Select Bitcoin as Your Deposit Option
    step 3

    Choose Bitcoin from the list of deposit methods. The site will provide you with a unique Bitcoin address for transferring your funds.

  • Transfer Bitcoin from Your Wallet
    step 4

    Open your Bitcoin wallet, enter the bookmaker’s Bitcoin address, and specify the amount you want to deposit. Confirm the transaction. The transfer is usually quick, and your funds should appear in your bookmaker account shortly.

Key Factors to Consider When Looking for the Best Bitcoin Bookmakers in Indonesia

Our experts have listed the best crypto sports betting sites for you, mainly focusing on Bitcoin availability. But where did they find the bookmakers? Well, they sorted them from an ocean of options based on the following criteria.

  • 1

    Licensing and Security

    The most important step in finding the best crypto betting sites is to confirm that they hold valid licenses. In Indonesia, many sites are licensed under Curacao's jurisdiction. We also look for additional security measures like SSL encryption and third-party audits to make sure you get a safe betting environment.

  • 2

    Bonuses and Promotions

    Ideally, you should choose Bitcoin bookmakers that provide generous bonuses and promotions. Look for opportunities such as welcome bonuses, free bets, and loyalty programs. But don’t forget to always review the terms and conditions attached.

  • 3

    Sports Selection

    The range of sports available determines much of your betting experience. A top-notch site offers a broad selection, including Indonesia’s favorites such as soccer, badminton, and basketball.

  • 4

    Odds and Betting Markets

    Sites that provide competitive odds and a diverse array of betting markets give you a better chance at finding valuable bets. As experts, we verify that these sites offer comprehensive market options and odds that are favorable when compared to their competitors.

  • 5

    Customer Support

    Effective customer support is non-negotiable in our opinion. The betting sites that accept Bitcoin we recommend offer several contact methods, including live chat, email, and telephone.

Best Bitcoin Betting Sites

Not sure which betting sites with Bitcoin to go for? Check out the 4 best Bitcoin betting sites our experts have gathered for you.

BK8

BK8 Bitcoin

BK8 is our first pick as a betting site with Bitcoin. It’s one of the leading providers in Indonesia which is known for its generous 100% welcome bonus of up to IDR 22,000,000 in BTC!

You’d be glad to know that this crypto betting site holds a GCB license. It also accepts multiple payment options, including Bank Transfer, Help2Pay, EeziePay, and cryptocurrencies like Bitcoin.

Minimum Bitcoin Deposit

IDR 50,000

Maximum Bitcoin Deposit

N/A

Minimum Bitcoin Withdrawal

IDR 170,000

Maximum Bitcoin Withdrawal

Variable

Average deposit/withdrawal time

About 25 minutes

Best Sports Betting Bonus

Welcome bonus up to 20,000,000 IDR

 

 

888Starz

888Starz Bitcoin

Since 2020, 888Starz has delivered exceptional bookmaking services to Indonesian bettors. This platform is licensed in Curacao and focuses on local sports within its extensive betting offerings.

A highlight at 888Starz is the ability to use both cryptocurrencies and traditional payment methods. 888Starz also provides mobile apps for convenient betting anywhere and ensures user security with great measures.

Minimum Bitcoin Deposit

IDP 50,000

Maximum Bitcoin Deposit

N/A

Minimum Bitcoin Withdrawal

26,000 IDR

Maximum Bitcoin Withdrawal

N/A

Average deposit/withdrawal time

15 minutes

Best Sports Betting Bonus

Welcome bonus up to 1,754,000 IDR

 

 

1xBet

1xBet Indonesia

1xBet Indonesia welcomes new users with a 200% welcome bonus and supports various payment options such as e-wallets, bank transfers, and cryptocurrencies. It offers easy-to-use mobile apps for both Android and iOS, as well as a functional mobile website.

To ensure your security, 1xBet Indonesia holds a license from the Curacao eGaming Authority.  It currently offers a wide range of betting choices, including live betting and streaming features.

Minimum Bitcoin Deposit

18,000 IDR

Maximum Bitcoin Deposit

N/A

Minimum Bitcoin Withdrawal

26,000 IDR

Maximum Bitcoin Withdrawal

N/A

Average deposit/withdrawal time

15 minutes

Best Sports Betting Bonus

Welcome bonus up to 2,000,000

 

 

Megapari

Megapari Bitcoin

Megapari launched in 2019 and has since become a top choice for both fixed-odds and live betting.

As a new player, you can get a 100% welcome bonus of up to €100, equivalent in IDR. Megapari is licensed by Curacao and offers an Android mobile app.

Minimum Bitcoin Deposit

IRP 50,000

Maximum Bitcoin Deposit

N/A

Minimum Bitcoin Withdrawal

20,000 IDR

Maximum Bitcoin Withdrawal

N/A

Average deposit/withdrawal time

15 min

Best Sports Betting Bonus

Welcome bonus up to 1,663,000

 

Withdrawing Funds from a Bookmaker with Bitcoin

After everything, it’s time to get your hands on some BTC. You need to perform a withdrawal from your account. Follow the steps below to complete the process.

  • Log In and Access the Cashier
    step 1

    Start by logging into your account on the betting site and navigate to the cashier or payments section.

  • Select Withdrawal
    step 2

    Select Bitcoin as your withdrawal method from the available options.

  • Enter How Much You Want to Withdraw
    step 3

    Specify the amount of Bitcoin you wish to withdraw. Ensure it meets the minimum and maximum limits set by the site.

  • Provide Your Wallet Address and Confirm the Transaction
    step 4

    Enter your Bitcoin wallet address carefully. Confirm the details and complete the transaction. The funds should transfer to your wallet, typically within a few minutes to a few hours, depending on network activity.

FAQ. Frequently Asked Questions
Author
Jarin Ahmed
Like many aspiring writers, Jarin focuses on bringing life to the text for her readers. She is an avid sports lover, growing up in a family obsessed with bookies. She is an expert in the iGaming niche and has secondary obsessions with Gardening and cooking.
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