Predicting match results or the outcomes of sports activities is fun, and placing wagers on the said bets adds even more excitement. Sports betting is done with even fiercer intensity now, especially because of the advents of technology. In fact, since the Blockchain technology made an appearance, sports betting with bitcoins is now more popular than ever before. It even offers relief for people that face legal challenges that restrict gambling using traditional currencies.
The frequency of placing sports bets often varies but often coincide with the seasons of the various sports or markets that players place bets on. Most of these bets cover sports such as soccer, basketball, American football, hockey, auto racing, boxing, mixed martial arts, hockey, cycling, horseracing, and greyhound racing.
Top Rated Bitcoin Sports Betting Sites
Sports betting with bitcoins, like every form of betting, is an undertaking that requires an element of calculation. It can only make sense if done in some of the best Bitcoin sports betting sites; the kinds that are credible and give players their money’s worth in both game diversity and online experience. And, we have just the right collection of such sites in our Bitcoin sports betting reviews segment.
Bitcoin Sports Betting Reviews
There are a lot of factors that you should consider if you want to land in the best Bitcoin sports betting sites. A few of these factors are security, the variety of markets, speedy payout, and bonuses, just to name a few. We have factored all these into our Bitcoin sports betting reviews, that you can find right here, to ensure that the websites we present are the best Bitcoin sports betting sites available.
We assembled an amazing team of experts with more than 50+ years of betting experience to sift through the many sports betting sites to compile a list of extensive bitcoin sports betting reviews that you can and should take a look at.
In these bitcoin sports betting reviews, our team of experts evaluate the various measures the sites have in place to ensure players have a great time. When evaluating the security features, for instance, we scrutinize the encryption software installed and the KYC procedures that such sites have as well as the installed tools that are essential to keep players safe from phishing.
The processing speed of payouts is also an essential part of any sports betting site, therefore it was a critical criterion of all our bitcoin sports betting reviews. Most importantly, all the best Bitcoin sports betting sites we tested, reviewed and rated have responsive customer support personnel that are available when needed to help answer any queries the customers may have.
In addition, the best Bitcoin sports betting sites should be worth the money you spend on them. The diversity of markets they offer should also be broad enough to take care of multiple betting needs by all the different players.
Sports Gambling with Bitcoin
As Bitcoin continues to rise in popularity, especially in the online gambling industry, there are more and more sports betting sites that accepts bitcoins either exclusively all in combination with other traditional currencies.
These sites, due to accepting bitcoins, have various advantages over traditional sports betting sites such as speed, security, and privacy. Depositing into and withdrawing from your gaming account using Bitcoin is a lot quicker compared to other methods of payment. Withdrawing winnings using bank wire, for instance, may take up to ten business days, or even longer in certain instances. Bitcoin withdrawals, on the other hand, take just a few minutes to process.
Another distinct advantage that Bitcoin offers over traditional currencies is better privacy. Players that like to keep their gambling activities hidden have a better chance of doing so using Bitcoin as opposed to bank or card deposits, which are easy to trace.
In addition, the best Bitcoin sports betting sites allow even players from jurisdictions that restrict online gambling activities to place bets without the fear of reprisal. This is because most authorities consider Bitcoin a commodity and not necessarily a currency. In addition, such authorities enforce such gambling restrictions by making it illegal to process proceeds of gambling through bank accounts.
How to Make Sports Bets
Betting sites offer betting opportunities in odds. The kind of markets and odds offered are the same in both the best Bitcoin sports betting sites and the usual traditional currency sites. Essentially, there are three kinds of odds; fractional, decimal and American or Moneyline odds. If you like to win big then it is advisable that you conduct intensive research on the games or teams you are betting on, and choose the bets wisely.
When placing bets, do note that the favorite team does not always win. Also, place a few bets at a time to minimize your chances of losing substantial amounts if the bets do not go your way. Lastly, don’t bet with your emotions, however nice doing so may make you feel.
Picking the markets presented in the best Bitcoin sports betting sites is easy. Firstly, you need to create and fund your account. To do so, simply navigate to your preferred sites from among the many in our Bitcoin sports betting reviews section and follow the prompts. After creating an account, proceed to ‘My Account’ and make a deposit from your Bitcoin wallet. Once your deposit reflects in the account, you are ready to place your first bet.