Sports betting has skyrocketed in recent years. It is because, over the past few years, most crypto casinos have begun to use virtual currency for bets. Digital coins have become more in demand due to the decentralized operation scheme. In addition, both betters and betting companies receive financial benefits when making transactions. We will discuss this in more detail below.
Most of the best crypto & bitcoin betting sites have realized that using virtual currency is much more profitable and safer. The many benefits of digital betting are listed below:
Such a set of pluses confirms the growing popularity of cryptocurrency itself as a financial means of paying for goods and services. It also explains the great benefits of sports betting.
Bookmaker offices began to use the blockchain system, which ensures the confidentiality of virtual currency transfers, thus attracting more bettors. After all, the anonymity and reliability of transactions are essential for almost all gamblers.
In addition, such transfers charge minimal fees, which is financially beneficial compared to fiat transfers.
There are two types of betting companies:
Smart contracts are highly reliable, and the established regulations allow cashing out virtual currency.
Every bettor wants to bet only through reliable best crypto betting sites by Men’s Journal. To facilitate the choice, we list the essential criteria that are recommended to be considered:
These are the primary selection factors. But each betting company has many individual nuances. Therefore, before placing a bet through a particular bookmaker, take an interest in unique characteristics, read the comments, and so on.
Many different Ethereum online casinos allow placing sports bets in cryptocurrency, such as Punt Сasino, Cloudbet, Stake, BitStarz, Joo Casino, and many other crypto casinos. We will tell you more about the two betting crypto-casinos below.
This Internet platform is only a year old, but despite its youth, it has already gained great popularity.
Punt Crypto Casino has a user-friendly interface and offers various bonuses. It is convenient to enter this platform not only from desktop computers but also from mobile devices. The site’s main page features well-known game providers, and sports betting can be done with eight types of cryptocurrencies. Free spins and attractive bonuses for newly appeared games are provided.
One of the essential advantages of this playground is the provided crypto information guides, casino guides, and virtual currency gambling information section.
To cash out your winnings, you need to go to the casino cashier and request to withdraw crypto assets, indicating the required amount for withdrawal. The request is considered in one day, and the payment is made within a maximum of 72 hours.
Punt Casino does not take commissions for withdrawing money; the only thing used is the standard commission on blockchain technology and when conducting a cryptocurrency transaction.
This platform began to work in 2013, and this is a decent time for the crypto business. This crypto casino is most in demand for sports betting but also has an online casino.
Cloudbet has a big welcome bonus of 100% on the initial deposit. Be careful because each virtual currency has its limit for rewards. Casinos often offer the best bonuses on weekends. Still, in this betting casino, everything is organized so that it is profitable for betters to bet in digital coins every day.
Usually, betters are allowed to bet on BTC in two periods:
For those who like to bet on sports events, there is a wide variety of sports games: tennis, boxing, football, and many others.
This betting casino has a mobile version with a very user-friendly interface. At the link below, you can switch to one or another version at any time: full or mobile.
Since this casino is licensed, regular platform checks are carried out by independent companies that evaluate the honesty of the software.
If the people do not have a strategy, the chance to win will be minimal, and everything will end with the loss of cryptocurrency funds.
Remember that bookmakers are also working analytically with you. They also study the outcomes of matches and tournaments. Based on statistics over long distances, bookmakers are in an advantageous position.
Using a ready-made strategy or your own, you use a specific betting scheme.
The type of strategy depends on the chosen sports game, the kind of bet, and the bet size.
You can use several developed ready-made strategies. For beginners, it is better to practice without betting but to predict the outcome of a sporting event and then analyze your strategic assumptions. If you can successfully predict the result, you can proceed to real cryptocurrency bets.
Let’s sum it up – the reliability of the chosen betting company and the use of a successful strategy, which should be individual for each sporting event, will affect successful betting.
This is a paid guest post.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
