On the Internet, more and more often, instead of bank cards for making transactions, advanced users use a crypto wallet. Bitcoin is now not only a risky investment but also a full-fledged means of payment. Many bettors place bitcoin betting because cryptocurrency helps keep the player anonymous. For users of bookmakers, BTC often becomes an opportunity to generate additional income due to volatility.
Why bitcoin betting is good and bad
Bitcoin betting is popular with many bettors for the following reasons:
- minimum commissions;
- transaction speed;
- impossibility to cancel the transfer;
- blockchain technology, which guarantees the absence of centralized control and security.
No state can control the transactions performed with bitcoins. Users love the complete freedom of transactions. No one can prohibit a person from using cryptocurrency. That is why betters who have restrictions on their bank card like to do bitcoin sports betting. The method is also suitable for those who have blocked accounts for one reason or another, and have no access to the payment terminal.
There is a minimal commission when bitcoin sports betting, which is not the case with conventional banks. The cryptocurrency also has significant drawbacks, due to which many bettors continue to use fiat money. The main disadvantage is volatility, due to which Bitcoin can collapse to zero at one point.
Crypto betting is offered by many bookmakers. Popular with cryptocurrency betting and on foreign sites. With the help of bitcoin, sports betting is offered by Sportbet. This is a popular foreign bookmaker, which is trusted by thousands of bettors. Users like a pleasant interface, a large selection of disciplines, and wide functionality.
Bitcoin Sports Betting Guide
When a bitcoin sportsbook is selected, it is time to place the first bet using cryptocurrency. If a wallet with a positive balance is already ready, it is enough to replenish the deposit. Then you need to choose a discipline. It can be football, basketball, MMA, hockey, tennis. Esports disciplines are also gaining popularity. Tournaments in Dota 2, CS: GO, Starcraft II, and other computer games now deserve no less attention than football championships.
The list of rates depends on the discipline. Each sport has its characteristics. If this is American football, then the following are available:
- total is over;
- total is less;
- long-term performance;
- on the coach;
- field gold from a distance of 60 yards;
The key to success in betting is in the right strategy. Regardless of whether cryptocurrency or fiat is used, the list of popular betting systems is as follows:
- classic dogon;
- Oscar Grind’s strategy;
- Danish system.
Each sport has its specialized systems. For example, in football, it is “for a draw” or “for a yellow card”. Which strategy is better to use depends on the game bank, experience, discipline, betting experience, and other factors.