England’s third-place finish at the World Cup — the nation’s best result since 1966 — has sent crypto sportsbook volumes to record levels this summer. Multiple platforms reported a surge in on-chain betting activity during the knockout stages, with Jude Bellingham’s bronze medal run cited as a key driver.
Record volumes on crypto sportsbooks
Data from the sector shows that total wagers placed through crypto-based sportsbooks hit an all-time high during the tournament’s final weeks. The spike was most pronounced around England’s semifinal and the subsequent third-place match. While exact figures vary by platform, the trend was consistent: more users, bigger bets, and a higher share of transactions settled in stablecoins and major cryptocurrencies.
The timing isn’t accidental. Crypto sportsbooks have been expanding their offerings, and the World Cup provided a global event with high engagement. England’s deep run — especially after decades of near-misses — amplified interest among both casual fans and dedicated bettors.
The Bellingham factor
Jude Bellingham’s performances throughout the tournament were a major talking point. His bronze medal run — he was instrumental in England’s campaign — helped draw attention to the team’s progress. According to internal notes from the platforms, betting volumes on England matches, particularly those involving Bellingham’s goal contributions, saw outsized activity.
It’s not just about one player, though. The broader narrative of England finally breaking a long drought resonated. Crypto sportsbooks, which often rely on viral moments and social media buzz, benefited from the emotional stakes.
Summer surge
The record volumes come during a period when crypto markets themselves have been relatively stable. That may have encouraged more users to park funds in digital assets and use them for betting rather than trading. The summer lull in other major sports also helped focus attention on the World Cup.
For now, the question is whether the momentum can carry into the next major event. With the Premier League season starting soon, crypto sportsbooks will be watching to see if the new user base sticks around. But this month, at least, England’s bronze medal has given the sector a clear win.
