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 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 2025 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 season 2024-2025 winner: The Boston Celtics are favorites to defend their title, led by Jayson Tatum and Jaylen Brown. Second favorites are last season’s Western Conference champions, the Oklahoma City Thunder, powered by scoring leader Shai Gilgeous-Alexander.
  2. NCAA men’s basketball tournament winner: The top favorites are Duke, led by superstar freshman Cooper Flag, and Auburn, seeking its first Final Four berth since 2019.
  3. Euroleague 2024-2025 winner: Greek powerhouses Olympiacos Piraeus and Panathinaikos are the favorites in the biggest continental competition outside the NBA. Panathinaikos won last year’s Euroleague title, which was its first in 13 years.
  4. France LNB Leaders Cup winner: Victor Wembanyama may have taken his act to the NBA, but the premier French basketball league promises plenty of action. Last season’s French league winners AS Monaco, led by American captain Mike James, are favorites.

These are just some of the 2025 basketball outright markets that you can bet on with Cloudbet. 


Getting started: How to bet on basketball with bitcoin?

Betting on basketball with bitcoin is easy at Cloudbet. We offer the most competitive basketball odds. Bet on basketball with Bitcoin, Ethereum, Dogecoin and more, along with stablecoins like USDT and USDC.


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
  2. Spread betting
  3. Prop bets
  4. Total points
  5. First-half and second-half handicaps
  6. Quarter handicap and totals

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 Welcome Package

Sign up with Cloudbet and unlock up to $2,500 in rewards with our Welcome Package. New players receive 10% rakeback on every bet, daily cash drops based on activity, and a final Cash Vault bonus at the end of 30 days—all paid as real cash with no rollover requirements. The Welcome Package activates with your first deposit and gives you 30 days to maximize rewards while exploring top sports markets like the NFL, Premier League, and esports, or our wide selection of casino games. After the Welcome Package, players automatically transition to Cloudbet Rewards, offering ongoing rakeback and loyalty bonuses.


Join Cloudbet today and start earning from every bet!