The ultimate guide: Betting on basketball with bitcoin & crypto

Looking to bet on all the hoops action with bitcoin or leading cryptos? Welcome to your new home court for basketball betting. As the world's leading crypto sportsbook since 2013, Cloudbet offers everything you need to smash your basketball bets this season.

Whether you're pounding the NBA hardwood or taking it to the rack with March Madness, Cloudbet has you covered. Instantly deposit and withdraw winnings with Bitcoin, Ethereum, Tether or other popular cryptocurrencies. Access highly competitive basketball odds across domestic leagues, international tournaments, and much more.

With our user-friendly interface and 24/7 live chat support, Cloudbet makes basketball betting with crypto easy. In this guide, we'll break down all the essentials to maximize your bitcoin hoops profits this season.

Bitcoin betting with industry-high limits is available for all your favorite basketball leagues and tournaments including the NBA, WNBA, NCAA college basketball, NCAA March Madness, EuroLeague, EuroCup and Spain's Liga ACB.

What is the NBA?

The National Basketball Association is the preeminent men's professional basketball league in the world, consisting of 30 teams across the United States and Canada. The NBA traces its roots back to the Basketball Association of America, which was founded in 1946.

The league has featured some of the greatest team dynasties including the 1960s Boston Celtics, 1980s Los Angeles Lakers, 1990s Chicago Bulls, 2000s San Antonio Spurs, and more recently the Golden State Warriors. Legendary players like Michael Jordan, LeBron James, Kareem Abdul-Jabbar, Magic Johnson, Larry Bird, Wilt Chamberlain, and Bill Russell left indelible marks on the game with their on-court heroics.

Jordan won 6 championships with the 90s Bulls and is considered by many to be the GOAT (Greatest of All Time). Russell won a record 11 championships with the Celtics and formed a legendary rivalry with Chamberlain, who holds the record for most points scored in a single game (100).

Johnson and Bird featured in their own iconic rivalry as their Lakers and Celtics teams duked it out for championship glory during the 1980s. Johnson's Lakers teammate Abdul-Jabbar held the all-time scoring record for decades, until he was surpassed by James in February 2023.

Today's NBA features superstars like Luka Doncic, Giannis Antetokounmpo, Stephen Curry, Kevin Durant, and Nikola Jokic who are each striving to build their own NBA legacies.

What is NCAA March Madness?

NCAA March Madness refers to the annual championship tournament for Division I college basketball teams in the United States. Also known as the Big Dance, it crowns the best men's and women's college hoops squads.

The single-elimination format seeded bracket leads up to the Final Four and National Championship games in early April. The tournament expanded to 68 teams in 2011 and now includes First Four play-in games.

Legendary Cinderella stories include the 1985 Villanova Wildcats winning it all as #8 seeds. March Madness produces iconic moments like Christian Laettner's buzzer beater for Duke over Kentucky in 1992. In 2004, Sports Illustrated named that game as the greatest college basketball match-up of all time.

Because of its popularity, the March Madness tournament is the ideal stage for players to showcase their skills in the hope of getting drafted into the NBA.

Bet on basketball in 2026 with bitcoin

There are plenty of options to bet on global basketball leagues with bitcoin. Take a look at some of our league outrights:

1. NBA championship winner: Back your team to lift the Larry O'Brien Trophy, from the preseason favorites to a long-shot playoff run.
2. NCAA men's basketball tournament winner: Bet on the outright winner of March Madness, where powerhouse programs and Cinderella stories meet in the single-elimination bracket.
3. EuroLeague winner: Back a champion in the biggest continental competition outside the NBA, featuring perennial contenders from across Europe.
4. France LNB Leaders Cup winner: Wager on the outright winner of one of Europe's most competitive domestic cups.

Outright favorites shift from season to season, so check the live outrights markets for the latest prices before you bet with Cloudbet.

Getting started: How to bet on basketball with bitcoin?

Betting on basketball with crypto is straightforward at Cloudbet. We offer competitive odds across every game. Deposit with Bitcoin, Ethereum, USDT, or any of our 30+ supported cryptocurrencies and start placing bets in seconds.

Just follow these steps:

1. Sign into your Cloudbet account and fund your wallet with BTC (or any of the 30+ cryptocurrencies we support on the platform.)
2. Head over to the 'Sports' menu and select 'Basketball'. The page covers ongoing and upcoming games, as well as outrights on all global leagues.
3. Research teams, players, trends, and available bet types before placing a bet. Cloudbet also offers insights on bets placed on select games from the sidebar of your chosen match.
4. Place your bitcoin bets and watch the action unfold!

What basketball markets can you bet on with bitcoin?

Bet with bitcoin on regular season games, playoffs, finals and special events like the NBA All-Star game.

Our pre-game and live in-play markets include:

1. Money line bets — pick the outright winner
2. Spread betting — back a team to cover the handicap
3. Prop bets — wager on individual player performances
4. Total points — bet over/under on the combined score
5. First-half and second-half handicaps — focus on specific halves
6. Quarter handicap and totals — bet on individual quarter outcomes

Why use bitcoin to bet on basketball?

Bitcoin and basketball are a natural match, which is why basketball has become so popular with crypto bettors. Here are some of the key benefits to betting on basketball games with bitcoin on Cloudbet:

1. Fast payouts: Withdraw your winnings almost instantly with no hassle and no withdrawal admin fees.
2. Better odds: Bitcoin betting sites often offer better odds than traditional bookies.
3. Global reach: Bitcoin has no borders, perfect for a global sport like basketball.
4. Anonymity: No need to provide personal info to sign up and bet on basketball games.
5. Fair play: Blockchain transparency lets crypto users see where their funds go.
6. 24/7 access: The bitcoin network never sleeps, so you can bet anytime. Plus, Cloudbet offers 24/7 multilingual support through Live Chat.

Cloudbet's VIP program for high-stakes basketball bettors

For NBA, EuroLeague, and tournament-heavy schedules, the Cloudbet's VIP program brings a service model built for daily volume. Cloudbet provides no-limit betting on key basketball markets, and your VIP host negotiates custom limits around the teams and spots you play most.

From Sapphire forward, your host can escalate priority-withdrawal requests on your behalf. Milestone progression unlocks real cash payouts in USDT or your preferred currency, no playthrough, and rakeback on every bet stays active from opening night to the Finals.