
Decentralized sports betting has experienced significant growth in recent years, making it a major player within the online betting industry. You will benefit from complete anonymity for your payments, rapid payouts, a variety of betting options, and crypto bonuses.
But as with anything, there are some pitfalls to look out for such as the inability to stop payments once they have been processed. But we will cover all of that and more in this decentralized betting guide.
Sportsbook | Bonus |
---|---|
Stake | 200% bonus up to $1,000 |
Dafabet | 160% up to 200 USDT + 50% up to 400 USDT |
Sportsbet.io | Win up to 250 USDT in top football leagues |
Unibet | Second chance bet up to $50 |
Parimatch | 150% bonus up to $250 |
1xbet | 100% bonus up to 100 USD |
Betwinner | 100% bonus up to $100 |
22Bet | 100% deposit bonus |
20Bet | 100% bonus up to $100 |
N1Bet | Cashback up to $200 |
Stake.com is a hub of popular sports and eSports betting options. Keep your sessions exciting with a whole host of ongoing promotions including Daily Races, Bet Insurance, and Deposit bonuses.
1xbet is an incredibly reputable online bookmaker with a large array of sports and eSports betting markets.
N1Bet is a great all-arounder with an impressive list of sports and casino games. Whether you enjoy sports, eSports, or gaming, there is something for everyone here.
Check out the steps below which cover registering at a decentralized sports betting platform right through to making a crypto deposit, placing your first bet, and requesting a payout.
Discover some of the key features of a decentralized betting platform that you should consider when trying to find the ideal blockchain betting site for you.
Naturally, a bigger variety of payment methods means that you will have much more choice and thus flexibility. While you may be looking for Tether betting, for instance, you should also consider sites that offer traditional payment methods so you aren’t too restricted.
Payments that are processed through blockchain technology on sites like Cardano betting platforms are incredibly fast, more so than traditional methods. But some bookmakers may require additional checks such as validating your identity first, so make sure you are aware of anything you need to do, so there aren’t any delays.
Additionally, review the maximum and minimum withdrawal limits before you attempt to register, as this may not match your budget.
The very best crypto sports betting and decentralized apps offer hundreds of different sports and betting markets to choose from. Make sure that the bookmaker hosts all your favorites such as football, basketball, and MMA, as well as offering competitive odds.
It is important to confirm that your chosen decentralized betting app or site is available in your country or region. Not all bookmakers are available everywhere, so it is vital to confirm this beforehand.
While we can offer you expert knowledge in sports betting dApps and platforms, you should also check out real customer reviews to gain insight into the reputation they have among like-minded bettors. Independent review sites, forums, and social media channels will notify you of any concerns and positive points.
Decentralized sports betting sites often dish out crypto-bonuses to all new and existing bettors. Look out for great welcome bonuses, free bets, bet insurance, cashback, and deposit match offers to extend your betting sessions.
Before registering with a decentralized betting platform it is vital to check out the customer support options. If you ever need assistance with account management, payments, bonuses, or any other topic, you need to know that someone is just a few taps away. Look out for the main options including email support, live chat, and FAQs.
When you are searching for the best Monero betting sites or similar, those that offer end-to-end crypto betting are ideal because this means that you can bet in crypto without working around fees or conversions.
Part of our review process includes joining decentralized sports betting sites to see how smooth the user experience is. Here’s what we get up to:
First things first, we start by creating an account at a crypto betting site. We take note of how quick and easy the signing up process is and how good their KYC policy is.
We evaluate the variety of payment methods that are available, including fiat currencies. We also consider any fees and how quickly payments can be made. Following on from this, we make a deposit to make sure everything runs as it is expected.
On the sportsbook platform, we check out the list of available sports and whether or not live betting is offered. We also compare the odds to see how they stand up against competitors.
For your peace of mind, you need to know that the customer support team is waiting to help you whenever you need it. As such, we make sure that there are good solid options including live chat, email support, and FAQs. We also put them to the test to see how knowledgeable the team is and how quickly they respond.
It is important for all sports bettors to receive their funds quickly, which is why decentralized sports betting is ideal. We request a withdrawal to see just how quickly payouts are achieved in practice and evaluate any fees.
We also take into consideration the reputation a sportsbook has in terms of real customer experiences. We use this information and our expert sports betting knowledge to create reliable brand reviews.
Decentralized sports betting sites and apps offer a huge variety of sports and markets, but here is a list of the best sports you will have access to.
Decentralized betting sites offer all the main betting types that you would expect, including traditional bets, decentralized betting exchange features and much more. Take a closer look at some of the different bets available.
Betting odds are easy enough to understand, but for beginners, it can be a little confusing. In this section, we will walk you through an explanation of how odds work.
In summary, odds are how likely an event is to happen. In sports betting, this means the outcome of the game or in-game events, such as how likely Team A is to win against Team B. The sportsbook will make a prediction based on data analysis, and the current situation to create the odds you see.
There are three odd formats to look out for and these are Fractional, Decimal, and American. While they will present the odds in a different way, they all work in the same way in regards to helping you to calculate your potential payout.
The odds that are set by the sportsbook dictate how much you will receive in winnings should your bet win. For instance, higher odds mean a higher payout, because an outcome has a lower probability, so is less likely to happen.
If you want to calculate your winnings for specific bet types, odds calculators can help you with this before you even place any bets.
As you can see, there are many benefits to betting on sports at blockchain sites. But as with anything, there are also some disadvantages. Here are some of the key pitfalls to take into consideration.
As we reach the end of this guide, you will see just how popular blockchain betting is. You will benefit from rapid withdrawals, all major sports and leagues, crypto bonuses, and so much more. Whether you prefer football, golf, MMA, or eSports, it is all available at these sites.
Provided you have done your due diligence when selecting a sportsbook, in terms of the payments, the blockchain is incredibly secure, making it safe to use at decentralized sportsbooks.
There is no single answer to this question, as this is completely personal to every bettor. Please refer to the list of recommendations above to find some sportsbooks that may be perfect for you.
Yes, the odds you will find on these sites can be really competitive and stand up against other major players in the industry.
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