The landscape for finding a reputable online bookmaker or sports betting site for Norway that supports cryptocurrencies is difficult in two ways. First, there is the issue of being a truly reputable provider. Unfortunately, the underlying blockchain technology can leave prospective customers susceptible to scam operators that need to be avoided like 1XBET, MELBET among many others - but who can be trusted? Second, you need to determine the kind of crypto betting site that you are looking for. Do you just want to fund your NOK, USD or EUR-based betting account with an amount of crypto that is exchanged into your fiat-based account? If the answer is yes, then your best option is MarathonBet. 

MarathonBet offers high odds

With margins as low as 1.5%, higher odds mean higher potential payouts when you win. Deposit & withdraw Bitcoin, Ethereum, Ripple, Tether, Litecoin or Bitcoin Cash for use with your Fiat currency betting account like NOK, USD, EUR, GBP or other.

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Why was cryptocurrency created?

In January 2009, after the great financial crisis, Bitcoin first made its appearance on the world stage. It came as a result of the great mistrust surrounding banks and other financial institutions. As a result of new blockchain technology, Bitcoin as the world's first cryptocurrency could be traded peer-to-peer, without the need for any bank to act as an intermediary or "clearing house".

The very nature of cryptocurrencies makes choosing your crypto sportsbook very difficult

Cryptocurrencies have a reputation for being associated with industries, businesses or people that wish to move funds while avoiding proper due diligence, regulatory oversight, or Anti-money laundering requirements. This is why crypto can be linked with or associated to parties that want to transact funds as related to illicit business activities.  However, if you are a "good actor" and you really like the speed and convenience of using cryptocurrencies like Bitcoin, Ethereum, Litecoin, Tether or others with regard to your online gambling provider, you are left open to operators that may use the anonymity of blockchain technology that could see you lose the value of your crypto, without any recourse versus a shady operator. This is why we've highlighted the operators that we have. 

Why MarathonBet is a trusted crypto bookie

With over 20 years as a reputable gaming brand that is licensed in various local and international iGaming jurisdictions, MarathonBet is the kinds of operatorsyou can feel comfortable with regarding your crypto deposits.  MarathonBet is locally regulated in Denmark, Italy and Spain. While their dot-com site is regulated from international iGaming jurisdiction of Curacao, this should indicate to you that they are a trusted and reputable brand.

Are there other ways to fund your sportsbook account via crypto?

Yes, there are, but they are usually more expensive. The entire crypto industry is now building in a way that goes against the very principles with which it was originally developed. The point of crypto and Bitcoin was to facilitate quick and inexpensive peer-to-peer payments. Lots of middlemen have arrived on the scene which may allow you to move your crypto toward Fiat betting accounts, but for a relatively high price.  Most of these are e-wallet providers.  While these middle-men are more expensive, and you need an extra step in terms of how to make payments, they can broaden the definition of crypto sportsbooks. In other words, if you know of an e-wallet that works for you, and that e-wallet is supported by a top sportsbook brand, has that sportsbook just become a sort of "crypto betting site"? Maybe it has, depending on your definition.

Does using a crypto betting site mean you can stay anonymous as a player?

No! These are reputable providers, remember. All reputable betting sites will require you to submit to proper KYC protocols to confirm your identity by asking for identity documents online, before you may receive a withdrawal.  There is no difference with a reputable crypto betting site and a regular one.  If you want to stay completely anonymous with your "crypto bookie", we're afraid you'll need to try your luck with some of the shady brands based out of Russia or elsewhere that we would tell you to avoid.  With them, when you win, if the win is substantially more than your spend with them, they'll just cancel your winnings and keep it all.  In other words, get over your desire to be anonymous if you want a truly fair online betting and casino experience via crypto.

Do e-wallet providers like Skrill, Neteller or MuchBetter accept crypto?

Yes. They do not facilitate direct crypto payments to betting sites, but you can exchange your crypto toward a Fiat currency, and then move that Fiat currency into your betting account. These e-wallet providers will of course charge a fee for this service.  Moving your crypto will be cheaper if the sportsbook itself accepts the crypto directly for exchange at their site like MarathonBet.

Does Betway accept Bitcoin or Ethereum payments?

No. Betway neither has crypto accounts, nor does it support direct cryptocurrency payments. They offer various Fiat currency accounts.  Betway does however support some e-wallet providers like MuchBetter, Skrill or Neteller that may accept crypto and exchange it toward your desired Fiat currency for a fee.  That Fiat balance may then be transferred to your Betway account. Availability of these e-wallets will depend on your country of residence, as not all e-wallet providers are available everywhere.

Does Unibet accept Bitcoin payments?

Again, no. Unibet uses Fiat currency betting accounts only. You may use some e-wallets at Unibet that do accept and exchange crypto toward Fiat currency deposits however.

Does MarathonBet have cryptocurrency betting accounts?

No. MarathonBet asks that you set your account in one of many Fiat currencies. Then, you may use cryptocurrencies like Bitcoin, Ethereum, Ripple, Litecoin among others to fund your account.