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Bitcoin Betting for League of Legends

Bet Bitcoin on LoL Majors & More

The world's most popular MOBA can now be bet on with Bitcoin and other cryptocurrencies. This page guides you through the process from start to finish along with top rated sportsbooks and bonuses.

Top 15 League of Legends Bitcoin Betting Sites

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  1. Top 4 LoL Bookmaker Reviews
  2. How to Bet Bitcoin on a League of Legends Betting Site
  3. Best LoL Betting Tips
  4. LoL History
  5. Bonuses
  6. Summary

League of Legends is among the most popular multiplayer online battle arena (MOBA) video games in the world right now. Often referred to as LoL or simply League, it attracts over 100 million players every single month.

Launched by Riot Games in October 2009, LoL has over the past decade grown remarkably. It boasts a professional scene and has multiple leagues as well as international tournaments around the globe.

League is currently rated as one of the most popular options in the MOBA genre. It is a competitive game based on teams of five on every side and is free to play. However, players spend money to unlock champions or purchase cosmetic items like icons or skins.

All of the players in a given team work together to control a single character known as the champion. At the time of this writing, there are more than 140 champions for teams to choose from. And more are added to the list all the time.

Prior to the start of the game, during champ select, the teams take turns to choose their champions. Each of the champions has special abilities as well as powers and represents different experiences and playing style.

Ultimately, the two teams have the objective of destroying the opponents’ base, the Nexus. However, this is not easy and will require a good strategy.

The launch of Bitcoin set off a new trend in the LoL scene. Players are now able to earn rewards in Bitcoin. In response to the growing interest of fans in using Bitcoin for making bets, more and more bookmakers began supporting the use of cryptocurrencies. As a result, the League of Legends cryptocurrency scene is a thriving industry today.

League of Legends

League of Legends
Top 4 LoL Bookmaker Reviews

1. 22Bet – Best for Versatility

Launched in 2018, 22Bet is a regulated entity operating under the highly reputed top-tier regulator, UK Gambling Commission (UKGC) as well as Curacao eGaming. It is owned and operated by TonyBet OU. Its founders consist of industry aficionados.

It seeks to offer localized services in the markets where it operates. With this in mind, it holds multiple other licenses from regulators in various countries. Additionally, its website offers support for multiple languages, currencies and payment services.

Its versatility also extends to the betting options in eSports as well as sports and countless other categories. If you love to bet on the go, you will appreciate the fact that it has native apps for use on both Android and iOS.

The interface is intuitive and easy to use both on the web-based app and the dedicated mobile apps. Performance is also great on the feature-filled UI, with fast loading times and high responsiveness.

Moreover, it has a reputation for fast processing of payouts regardless of the currency you choose. Withdrawal and deposit limits are friendly too, making it a convenient choice even for beginners.

For eSports fans, 22Bet offers a wide array of live betting options besides the standard winner bet. Customer support is accessible round the clock on email and live chat.

On the downside though, the account creation process is rather lengthy on this site. And to access the live chat feature, you need to meet stringent conditions.

Pros

  • Regulated by the UKGC and multiple other authorities
  • Offers support for multiple currencies, languages and payment services
  • Has a dedicated mobile app for Android and iOS

Cons

  • Lengthy account creation process

League of Legends at 22Bet

2. Thunderpick – Most Extensive eSports Offerings

Founded in 2017, Thunderpick has been in operation for a shorter duration than most of the other bookmakers here. Fortunately, it has a compelling offering that sets it apart and has drawn a considerable following of fans.

It holds a license from Curacao eGaming and is owned and operated by Thunder Processing Services Ltd. It operates on a unique betting model known as pool betting or pari-mutuel betting. Under this model, rather than bet against the house, players bet in pools against each other. This means players can bet any amount as there aren’t any of the limitations associated with fixed odds. This model also increases Thunderpick’s integrity.

When the website was initially established, it focused exclusively on eSports betting. Even though Thunderpick has expanded its offerings, it still offers one of the most extensive eSports sections.

The site’s layout is clean and uncluttered, offering intuitive navigation. Speeds are great and there is no latency. Though there is no dedicated mobile app, the web-based app is optimized for mobile use. On the mobile app, a Swipe feature provides easy access to the features on the site.

It boasts a simple and straightforward registration process. Additionally, it has a vibrant community forum where you can interact with fellow bettors in up to 6 languages. Unfortunately though, its bonus program is only limited to the first deposit.

Pros

  • Extensive eSports selection
  • Unique pari-mutuel betting model
  • Vibrant community forum with support for 6 languages

Cons

  • Limited bonus program

LoL at Thunderpick

3. Sportsbet.io – Best Range of Betting Options

Owned and operated by mBet Solutions NV, Sportsbet.io has been in existence since 2016. It is the official betting partner for BitCasino.io and holds a regulatory license from Curacao.

The main focus of this site is sportsbetting, as its name seems to suggest. And as such, it offers a rich sportsbook with plenty of betting options. These include both pre-live and in-play options like map winner, match winner, handicap, tournament winner, correct score and many more.

There is a lot to like about Sportsbet.io’s user interface.  It has a great color combo of black, green and white. Furthermore, the layout is simple, making it easy to find your way around and switch between sections.

For crypto payment processing, it works together with Coingaming.io. In addition to facilitating deposits and withdrawals, this partnership also makes it possible to buy Bitcoin onsite.

Both new players and existing ones have access to a wide range of bonuses including a daily price boost among others.

Though the account registration process is fairly straightforward, you will need to undergo an extensive verification procedure. This will include providing proof of identity and proof of address and waiting for up to 48 hours to get your account activated.

Pros

  • Plenty of betting options
  • Great-looking and easy to use interface
  • Wide range of bonuses

Cons

  • Account activation can take up to 48 hours

Sportsbet.io

4. ArcaneBet – Best for Live Streaming

Founded in 2017, ArcaneBet is owned and operated by TH Gambling. It initially focused solely on eSports betting. In the past couple of years, it has expanded to cover additional gambling options. It holds a license from Curacao eGaming.

The eSports market here covers most of the popular titles and offers plenty of betting options. In addition to offering live betting options, the site also offers live streaming via a Twitch feed. This is an exception since most bookmakers simply provide regular statistical updates. Consequently, bettors enjoy a high level of precision and accuracy when placing bets.

The user interface is highly intuitive and has handy filters that make it easy to find what you seek. There are plenty of payment options here that include Bitcoin, CS:GO skins and a good number of popular fiat payment services. Though there is no dedicated mobile app, the web-based app is fully optimized for use on mobile devices.

To create an account on ArcaneBet, you will need to fill out a form with a good number of details. On the bright side, your account will be ready to use as soon as you submit this form. The deposit and withdrawal process are also quite smooth and fast.

Unfortunately, the bonus program here is only limited to your first deposit and has a cap of 100 EUR.

Pros

  • Live streaming option via Twitch
  • Plenty of betting options
  • Fast account creation, deposit and withdrawal processes

Cons

  • Limited bonus program

League of Legends
How to Bet Bitcoin on a League of Legends Betting Site

There are plenty of benefits to betting on LoL using Bitcoin. These include low transaction fee, fast processing as well as greater security and privacy among other things. However, many players shy away, mistakenly assuming that there is a steep learning curve.

The process is fairly simple, and we have broken it down into four easy steps to help you get started:

Step 1: Choose a Bookmaker

As you probably noticed from the above reviews, sportsbooks vary significantly in terms of features. That’s why you should always compare the features offered by different providers to find the most ideal fit based on your personal preferences.

Once you find your perfect fit, register an account.

Step 2: Deposit Bitcoin

Now that you have an active account, the next step is to make your first deposit. Before you do this, check for deposit bonuses and read the attached terms and conditions. Failure to do this could cost you the bonus as terms vary significantly.

Make your first deposit, ensuring you adhere to the stipulated terms so as to claim the bonus.

Step 3: Choose a Market

Your account is now ready to use, and the next thing is to choose the market on which you will bet. The betting markets available on LoL are many and varied, depending on the bookmaker you choose.

Some of the popular LoL betting markets include LCK, LCS, LEC, Brcc, CBLOL, Lla, Oceanic Pro League, Na Academy, PCS and others.

Step 4: Bet Pre-Match or In-Play

After selecting a market, you can now place your bet. Once again, there are plenty of betting options under two main banners, pre-match and in-play.

Note that not every bookmaker offers in-play betting. So if you would prefer this form of betting, it would be best to confirm its existence before creating an account.

Betting on League of Legends

League of Legends
Best LoL Betting Tips

At the end of the day, betting successfully on LoL is all about finding asymmetries of information and exploiting them. Basically, you would need to ask yourself, what do I know that the house does not?

It might sound rather daunting at the onset, but once you master the art, it will seem like child play. Essentially, this revolves around figuring out how bookies set their odds. Normally, they make use of tons of historical data as well as betting activity.

Consequently, to beat them, you will simply need to arm yourself with information, just like the house. The best part about this is that there is plenty of information available in public domains.

The second best thing is the fact that LoL, like a majority of eSports games, is highly dynamic. This means that having the latest information at your fingertips could translate to having the edge shift in your favor.

For instance, roster changes and map changes are always changing and could turn things around.

Pre-Match Betting Tips

  • Player Form

Among the key factors that have an impact on match results is player form. As is the case with any other sport, players are not always consistent. Find out how different players perform on different maps based on historical data. Check statistics such as their win percentage and general tournament performance.

One of the mistakes novices make in this regard is relying on other people’s analyses. Instead of using third-party reviews, watch the players yourself to form your own conclusions based on firsthand information. Make sure that the footage you watch is recent so that you know the players’ current form.

  • Roster Changes

Another important factor to consider is roster changes. These are common in all manner of sports, including eSports like League. In most cases, they take place during breaks between seasons. They will often lead to complete or partial overhauls when players leave and others join the ranks.

There are times when you may not get access to the final, confirmed roster, but not always. However, you will almost always get hints on upcoming changes. Make sure that your source of information is reliable. If you take these changes into consideration, you will not waste time on misguided research.

  • Map Changes

Riot Games usually announces when upcoming software updates include changes to the maps. Furthermore, professional players often predict upcoming map changes. These changes usually have significant effects as they almost always alter the meta to favor one team or the other.

Some of the most drastic changes that have taken place recently had to do with the Summoner’s Rift for Season 10. Prior to those changes, the meta was all about early team fighting and taking dragons around the dragon pit.

The new map is aimed to enhance these same factors and would favor champions such as Rengar and Nidalee, thanks to the fact that there is more brush.

In-Play Betting Tips

Over the past few years, in-play betting, which is also known as live betting, has grown remarkably in popularity. To a great extent, it was a natural development, given the fact that super-fast internet speeds make it possible to place bets in mere seconds. Since everything here happens in real-time, it has double the thrill of pre-match betting.

One of the highlights of in-play betting is the fact that you can make multiple predictions based on the way a game is progressing so as to maximize profits. However, in order to optimize the opportunity, you need to have a reliable live stream.

A great way to maximize in-play betting is to use multiple streams. This way, if one of the streams experiences latency, you have a fallback plan. Additionally, rather than relying on the official match stream, watching in-game will give you access to better analysis and detail.

In order to make a success of your efforts, you need to have split-second reaction times. This way, you can keep up with the speed at which the odds change when placing bets.

Other Tips for LoL

  • Comparing Bookmaker Odds

Another way to maximize profits is to find bookmakers with the most competitive odds. The better the odds, the more money you are likely to make from a winning bet.

Assess the odds offered by different bookmakers and weigh these against other highlights and downsides. Ultimately, the objective is to get the best odds but at the same time, not sacrificing other essential aspects.

  • Bagging a Bonus

You can also increase your profit potential by taking advantage of generous bonus offers. This will increase your betting ability and if you make any wins, you will take home more than you would have.

However, do not simply look at the bonus in isolation. Consider too the conditions attached to it as these may render even the most generous bonus useless.

How to Bet on LoL

League of Legends
LoL History

League has come a long way since its inception by Riot Games a decade ago. It started out more like a philosophy than a game. In the year leading up to its release, it may not have seemed at all promising.

It was the brainchild of co-founders Brandon Beck and Marc Merrill, college buddies studying at the University of Southern California. After college, the two became roommates and one of their common interests was video games.

Though they wanted to launch a video game, neither of them had a design or engineering background. But given their passion for gaming, both remained involved in the space and kept their dream alive.

It was in 2005 when they first started thinking seriously about the design of the game. They were fans of the popular mode of Warcraft III, Defense of the Ancients. But they felt it had room for improvement. Consequently, they set out to build a DoTA-like game, incorporating improvements from their wish list.

What made it outstanding is that unlike DoTA, it was built independently rather than being based on Warcraft’s engine. In the early days, the team working on the game named it Onslaught. Its demonstration was first shown at the San Francisco Game Developers Conference in 2007.

One of the biggest bottlenecks to its launch was the fact that the co-founders did not wish to sell the game. Instead, they wanted to make money from in-game purchases. The team working on it also had major clashes and by 2008, four key members left.

Remaining team members started over, rebranding Onslaught to League of Legends: Clash of Fates. 2008 was a great year for the team as they landed $7 million venture capital funding. By April 2009, the game went into closed beta mode.

When it finally launched on October 27, 2009, the game was an instant hit, particularly because of its freemium model. Today, it is one of the largest games globally in eSports.

FAces Behind League of Legends

League of Legends
Bonuses & Codes

Top 5 Bitcoin Bonuses for LoL

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TheBitcoinStrip.com thoroughly reviews the casinos listed on this website as a means to provide accurate and valuable information to its readers. To continue providing free access to the public, this website accepts commission payments from some of the casino operators shown below. However, we do not accept direct payments for casino ratings.

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League of Legends
Summary

For anyone who loves eSports and gaming, mastering the art of betting on League of Legends is a major plus. And when you learn to bet on it using Bitcoin, the benefits are compounded. Because it is one of the top favorites in the industry, there is always something happening on LoL.

That means there are always plenty of markets to bet on, and if you apply the above pointers, you can easily turn this to your advantage.

 

Can I use other cryptocurrencies to bet on LoL?

Yes. You can use any of the cryptocurrencies that your favorite bookmaker supports. In fact, some cryptocurrencies offer distinct advantages over Bitcoin. Consider some:

  • Ethereum – Better security and transaction speed
  • Stablecoins like Tether and USDC – Less volatility
  • Ripple – Faster transaction processing

Is LoL betting anonymous?

LoL betting is not always anonymous, but it can be. This will depend on the policy of the bookmaker you choose. 

Look at what the registration process entails to determine whether or not it is anonymous. Anonymous sites often require only a username and password, while others only ask for an email address.

Are these betting sites licensed?

Not all LoL betting sites are licensed, but most of them are. Gamble responsibly by opting for sites that are regulated. They offer more protection since players have legal recourse in case of disputes. 

If you have to play on an unregulated site, check other players’ reviews first and avoid making big deposits.

Published by Jen Van Lier

Jen Van Lier

About the author

As website manager, Jen contributes reviews and updates to The Bitcoin Strip on a daily basis. Jen worked in the casino industry for 9 years before focusing on Bitcoin in 2016. She writes on subjects ranging from traditional slots all the way through to unique Bitcoin games, provable fairness and Ethereum smart contract gambling.

Last updated by Nick Hawke on August 21, 2020

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About the editor

Nick is the CEO and founder of The Bitcoin Strip and has reviewed and written about Bitcoin casinos, sportsbooks and poker rooms for 9 years. He first entered the Bitcoin gambling market in 2011 following a widespread closure of poker rooms in the US.
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