How to Start a Crypto Sports Betting Business
Having trouble finding a reliable and simple way to start a crypto sports betting business? You are not alone.
Many operators face legal complexities, regulatory uncertainties, issues with cybersecurity, and technical challenges while launching their crypto betting business. And even if you manage to overcome these, there’s always market competition and skepticism from players about using the newly launched platform.
But with the right plan and the right provider, you can overcome these challenges and create a safe, easy-to-use platform that stands out in the growing crypto betting market.
Here’s how to begin.
Want To Know More?
How to Start a Crypto Betting Business in 6 Steps
Want to have your cryptocurrency gambling startup? Starting a crypto sports betting business is never easy. Following the steps mentioned here can help you make your betting business better and easier to run.
Decide Your Crypto Sports Betting Business Model
Your crypto sports betting business model must include —
- Thorough market analysis
- Type of betting options and markets to include
- Potential target users
- Cryptocurrency options to include
- Type of betting solution requirement
- Budget
- Time to launch your sportsbook
- Diverse features
Get Required Licenses
Getting the necessary licenses for your crypto sports betting business helps you to operate legally. Consider —
- Jurisdiction-specific licenses
- Know Your Customer (KYC) Compliance
- Anti-money Laundering (AML) Compliance
Find the Best Crypto Sports Betting Software Provider
Consider your requirements from the software provider and find who aligns well. Before finalizing, thoroughly analyze the crypto sportsbook providers’ —
- Reputation and Experience
- Security and Compliance
- Payment Methods Offered
- User Interface and Experience
- Sports Coverage and Betting Options
- Risk Management Tools
- Customization and Flexibility
- Customer Support
- Scalability and Performance
- Other Vital Features
Get the Interfaces Designed
Modern betting and gambling interfaces need modern features and configurations too. Consider —
- Easy and fast navigation to betting options
- Quick and simple bet placement
- Mobile-friendly, responsive design
- Clear display of odds, teams, and markets
- Secure and easy deposits and withdrawals
- Clean visuals with sharp graphics
- Live updates for bets and scores
- Interactive charts for stats and odds
- Fast loading and smooth animations
- Social features like leaderboards and sharing
Feature Integrations & Customisations
Your ready-made or custom crypto sports betting platform should include —
- Odds
- Markets
- Tokens
- Currencies
- Crypto
- Altcoins
- Stablecoins
- Payment Modes
- Live and In-Play Betting
- Smart Contract Automation
- Security Features
- SSL encryption
- Two-factor authentication (2FA)
- Multi-factor authentication (MFA)
- Secure crypto wallets
- Fast Payouts
- Bonuses and Promotions
- Social and Community Features
- Leaderboards
- Sharing options
- Community-driven betting pools
- Real-time Analytics
- Customer Support
Superb Marketing & Execution
For a successful crypto sports betting business model, ensure implementing strong marketing strategies to attract and retain players like —
- Online Marketing
- Social Media Engagement
- Content Creation
- SEO Optimization
- Mobile Marketing Campaigns
- PPC Ads
- Local Marketing
- Influencer Marketing
- Email Marketing
How To Open a Crypto Betting Company?
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Types of Crypto Sports Betting Software to Choose From
How to open a crypto betting company with a proper software solution? Understanding basic crypto sports betting business models is crucial for deciding which suits your needs and market engagement. Exploring these diverse offerings is the first step in launching a crypto betting business.
Turnkey Crypto Sports Betting
Choosing a turnkey crypto sports betting software enables —
- Ready-to-launch, saves time
- Cost-effective compared to a custom build
- Supports multiple sports and markets
- Mobile-optimized for all devices
- Advanced risk and odds management
- Multi-cryptocurrency and payment support
- Easy customization and branding
- Scalable for a growing user base
Best For: Operators seeking a fast, cost-effective, and customizable solution to enter the market with full control and scalability.
White Label Crypto Sports Betting
White label crypto sports betting solution offers —
- Fast market entry
- Cost-effective setup
- Proven, reliable software
- Easy branding and customization
- Comprehensive technical support
- Access to multiple sports markets
- Comprehensive crypto selection
- Limited ownership and control
Best For: Entrepreneurs and businesses seeking a quick, low-risk sportsbook launch.
Bespoke or Custom Crypto Sports Betting
Custom sports betting software offers —
- Fully tailored solution for your business needs
- Unique branding and UI/UX
- Scalable platform to handle growing users
- Seamless integration of 3rd party tools
- Advanced security and compliance features
- Multi-currency support with a wide range of cryptocurrencies
- Flexibility to add new features later
Best For: Businesses wanting a unique, scalable, and secure sportsbook platform.
Retail Crypto Sports Betting
Crypto retail sports betting solution offers —
- Instant cash payout
- Real-time odds
- Lucrative bonuses
- In-person betting via kiosks
- Multi-language support
- Fast transactions
GammaStack’s retail crypto sports betting platform offers —
- Easy bet accepting, deleting, and organising bets
- Quick history management
- Paylines administration
- Bet slip printing
- Multiple cryptocurrencies
Best For: Physical sportsbook operators offering an in-person experience.
Crypto Mobile Sports Betting
With a crypto mobile sports betting solution, you get —
- Mobile-first approach for betting on the go
- Fast and near-instant transactions
- Enhanced privacy and anonymity
- Low transaction fees for diverse crypto
- Instant deposits and withdrawals
- Push notifications for live and future events
- Global market accessibility
- No chargeback fraud risks
- Scalable and efficient operations
Best For: Crypto sportsbook operators seeking fast, secure, mobile-friendly platforms.
Ready For a Crypto Sports Betting Development?
Diverse Range of Cryptocurrencies Trending in Sports Betting Business
Bitcoin (BTC)
Binance Coin (BNB)
Ripple (XRP)
Ether (ETH)
Litecoin (LTC)
Polygon (Matic)
Solana (SOL)
Dogecoin (DOGE)
Tether (USDT)
Need More Insights?
Why Start a Crypto Sports Betting Business in 2025?
The cryptocurrency market is pretty lucrative and offers a host of benefits, including anonymity. With the boom of the crypto market, any business with blockchain and crypto integration will be beneficial in 2025 and beyond.
Starting a crypto sports betting business in 2025 is advantageous because —
Starting a crypto sports betting business in 2025 is advantageous because —
Global Accessibility
Crypto’s borderless nature allows betting on international sports without currency conversion or banking restrictions.
Faster Transactions
Cryptocurrency enables fast deposits and withdrawals, essential for real-time betting.
Enhanced Privacy
Blockchain provides privacy and safeguards user identity, which is attractive in areas with strict gambling regulations.
Lower Fees
Getting rid of middlemen cuts fees, so everyone makes more money.
Transparency and Trust
With blockchain, all records are permanent, and smart contracts automatically handle payments, guaranteeing fairness, security, and greatly minimizing the risk of fraud.
Market Growth
With more people using cryptocurrency and showing interest in online betting platforms that use blockchain technology, new ways to make money and work with other businesses are opening up.
Innovation Opportunities
Smart contracts bring exciting new ways to bet, reward players with tokens, give them a say in decisions, and even include unique digital collectibles (NFTs).
Regulatory Evolution
The expectation of clearer global regulations will likely increase legitimacy and protection for consumers while also encouraging innovation.
Efficient Operations
Decentralization cuts operational costs, automates settlements, and supports scalability for growing platforms.
Enhanced Odds and Engagement
Crypto betting platforms frequently offer better odds, which attracts more users and increases participation.
- The market value saw a fivefold surge from $50 million in 2019 to $250 million by 2024.
- Five-year growth reached an impressive 38% CAGR.
- The volume of sports betting on cryptocurrency platforms doubled to $6.3 billion in just twelve months.
- Cryptocurrency now comprises 30% of all wagers, a rise from 20% in 2022.
Want to Explore More?
Range of Sports & Esports Our Crypto Betting Software Covers
Starting a crypto betting business requires a list of sports and esports that a company would like to cover and offer to its players. Get as many sports and esports as you want, such as the following.
Sports
Soccer/Football
Tennis
American Football
Basketball
Baseball
Cricket
Golf
Hockey
Baseball
Esports
Rainbow Six Siege
Rocket League
Apex Legends
Free Fire
Fortnite
FIFA
Arena of Valor
Hearthstone
CounterStrike
PUBG Mobile
DOTA - 2
Overwatch
Call of Duty
League of Legends
Feeling Interested?
Countries With Legal Crypto Sports Betting Business
Have Questions?
Planning to Start your Crypto Betting Software?
How to Start a Crypto Sports Betting Business with GammaStack?
Starting a crypto betting business is complex, requiring industry knowledge, a focus on cryptocurrency, and more. GammaStack is the pioneer when it comes to starting a crypto sports betting business with the best-in-class features and specifications.
GammaStack’s key highlights include —
- 14+ years of experience in the industry
- 500+ Professionals
- End-to-end iGaming solutions
- Secure, decentralized Blockchain sports betting platform
- Multi-currency, multilingual, crypto wallet support
- Broad range of features (pre-match & live betting, odds management, bonus systems, risk management, etc.)
- Integration of smart contracts and provably fair gaming for transparency and trust
- Scalable, compatible, seamless user experience across devices
- Continued marketing and technical support provided
Want to Get in Touch?
FAQs
GammaStack has been serving crypto sports betting solutions to businesses worldwide for many years, including —
- Turnkey
- White-label
- Custom
The time required to start and open a crypto sports betting business or company depends on the type and level of requirements posed. For instance, a white label sports betting model may be delivered early, whereas a custom solution can be time-consuming.
Some of the trending cryptocurrencies that GammaStack offers its clients include —
- Bitcoin
- Binance
- Litecoin
- Polygon
- Ripple
- Ether
The answer to this query depends on the type of requirements, needs, and expectations a business has for its sports betting range. For quick delivery, ready-to-launch solutions work well, whereas a custom solution can be fruitful for businesses that demand uniqueness.
Sources
- https://cryptomaniaks.com/latest-cryptocurrency-news/best-crypto-sports-betting-sites
- https://cryptobetting.org/
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https://www.globenewswire.com/news-release/2022/07/11/2477692/0/en/Online-Gambling-
Market-Size-to-Achieve-USD-172-Billion-by-2030-growing-at-11-6-CAGR-due-to-the-Increasing-Penetration-of-Mobile-Phones-Globally-Exclusive-Report-by-Acumen-Research-.html - https://blockonomi.com/crypto-gambling-stats/
