You want to find the highest odds on sports betting and receive guaranteed payouts for a win? Then this article for you. Take a new look at bitcoin sports betting and open up new opportunities for victories in your favorite business. Immediately the first tip – for successful betting on sport is better to use the website which united the bitcoin sportsbook and an online bitcoin casino, rather than separate bookmakers. Why? Everything is very simple, bitcoin casinos are much bigger organizations than simple bookmakers and this is a huge plus. Whether is it a casino, truck stop service, bank, or grocery store, large organizations have a big capital, which means more reliability. All bitcoin sportsbooks and casino websites from our table below are reliable and have other undeniable advantages such as:
- Guaranteed payments (Bitcoin casinos have big reserves of guaranteed capital)
- Technical support 24/7 (Response within 4-5 minutes)
- Instant payouts (Bitcoin payments take from 15 minutes to several hours, depending on the casino)
- Big bonuses (Promotion casino programs more powerful than in sportsbooks, so bonuses are bigger)
Top bitcoin sportsbooks and casinos
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Bitcoin sportsbooks – nowadays situation
Okay, if you have scrolled through our table, obviously you want to know more information about the bitcoin betting sportsbook. Well, this is the right approach, as says – look before you leap.
Let’s start from the beginning, what is the essence of bitcoin sports betting? The player bets money on some sporting event in the expectation that his prediction will be correct. If this happens, then he will return himself the amount of the bet, as well as a certain win. In the event that the forecast turned out to be incorrect, the bookmaker takes this money for itself. Each variant of the outcome has a certain coefficient set by the bookmaker’s office. If a player bets money on a certain event, then if he wins, this amount will be multiplied by this coefficient, as a result of which the final amount of the payment will be obtained, which will go to the bettor’s balance. For those who do not know what sports betting is, it is worth noting that odds are not constant even for one event. Over time, quotes may change under the influence of the number and size of bets made, as well as other factors affecting the decrease or increase in its probability.
Why the online sportsbook bitcoin is the best choice?
Before we move to discuss how to bet online, let’s take a look at the key advantages of online betting in front of offline. First of all, these are:
- Convenient. Everything is always at your fingertips, in your phone, pc, or laptop;
- Speed. Allows you to make a bet quickly and get a fast withdrawal.
- Permanent availability. The ability to choose when and where to bet on sports because of the absence of any time and location restrictions. You can bet at any time, even at night and wherever you want, for example at your work.
How to bet at the online sportsbook with bitcoin?
“Don’t make the classic mistake of all smart people: don’t think that there are no people smarter than you.”
These words are from the famous movie and it perfectly describes the key mistake that all newbies make. Where comes the desire to bet on sports come from, of course, the desire to make money and prove that you are the smartest. You have decided to make money by betting at bitcoin sportsbook, money is scarce, you need to raise it quickly. You understand some kind of sport when watching in advance you guess who will win with an accuracy of 90%, go to the bitcoin bookmaker’s website, create an account, bet and … lose all money. If it were that simple, everyone would be bitcoin millionaires.
Okay now let’s get down to business. Below are 6 basic rules for sports betting with bitcoins, by adhering to which you will have a chance of winning:
Exclude the psychological pressure. To do this, at the first stages, you need to approach the process as simple as possible: no money on loan, not your last money, the amount of bet should not hit the wallet, in case of loss. Under pressure, it is much more difficult to do the right thing, so it is important to eliminate this factor.
Correctly distribute finances at rates. There can’t be any 100% bets, NEVER. By betting on the entire bank, we deliberately run the risk of total collapse. In order to correctly distribute the money in the bet, we take into account the strategy chosen for ourselves. The task is to first learn to be content with little, betting between 1% and 5%. Let be a well-thought-out bet with big odds with a small amount, than on the contrary. You can make a minimum deposit to the bitcoin sportsbook without a problem, so don’t hurry to deposit and bet a big amount.
The betting strategy must be suitable morally. In another word, you have to agree with its strategy. If, after reading someone’s scheme for placing transactions at the bookmaker, you are jarred, and the whole body rebelled, then it is not recommended to use such a technique. Your strategy is the one that you really liked, it does not contradict anything, and somewhere deep down, you also tried to collect something similar in your head.
Statistics, review, analysis. This is something that “smart” betting cannot exist without. You can bet on sports correctly only if you have an up-to-date idea about each team, its tasks, standings, motivation, the workload in the season, transfers, etc. We have to watch the match, or at least the main moments, in order to understand in what condition a particular person or team. We analyze what is happening and imagine what needs to be done.
Correct bets with correct odds selection. Understanding the is a must. For example, favorite tired and has a bad streak, or the main players are injured, but it won’t be smart to bet a minus. It is better to bet on a plus on the underdog because the total will be bigger. Do not underestimate the rival of the leader – once a year a stick shoots, so when analyzing one, be sure to look at the current performance of the other.
The choice of a bookmaker is now not as scary as it was. Now there are other legal bitcoin sportsbook sites of bookmakers that will not deceive, do not underestimate the quotes, do not cut the max, do not block the account without a reason. Choosing a bookmaker is one of the most important stages, so we decided to devote more time to him, and below you can read several bitcoin sportsbook reviews.
Bitcoin sportsbook reviews
Next, we will analyze several casinos that accept sports betting. Why it is better to bet on sports through a casino I described above, so if you missed this point, I recommend rereading (start here). I will also clarify that we will be considering casinos and sportsbooks that accept bitcoin.
|Brand||Bitcoin betting sites rating||Bitcoin betting bonuses|
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The Cloudbet cryptocurrency platform has been successfully operating since 2013 – and this is more than a serious period for a bitcoin portal. The site is primarily known for betting on sports events, but there are also online casinos there.
The line at Cloudbet is quite modest, it includes only 17 positions. The depth is average, about fifty different championships and leagues are available for football. There are many unpopular markets, in particular, markets for exact outcomes. The margin is above average, usually does not fall below 5%.
Most of the bonuses provided by the bookmaker are intended for gambling. The only one sportsbook bitcoin bonus is the first deposit bonus. The player must make replenishment of his deposit in the amount of at least 0.01 bitcoins. The maximum bonus amount is 5 bitcoins. The player must collect bonus points through the loyalty program, during which he/she will be awarded points for the bets made. Every 800 points = 0.01 BTC. Points are earned within the first year after registration. Cloudbet is a sportsbook with bitcoin withdrawal possibility.
Online bookmaker Stake offers players advanced functionality – from sports betting to games and casinos. The stake is licensed by Curacao. The site is available in many languages of the world. There are no Android and iOS apps, but there is a mobile version of the site. The site only supports cryptocurrencies. Support and live chat work in English.
In the line of Stake.com, there are about 25 sports. Soccer, football, basketball, tennis, baseball, and hockey are the most well-planned here. The size of the odds in BC “Steak” is quite decent, but it varies depending on the type of sport and the level of the tournament. The bookmaker offers the highest odds for football matches, the lowest for basketball matches.
Unlike Cloudbet, there are no welcome bonuses on the site, but there is a bitcoin sportsbook bonus. For example, players who place a $ 10 bet on any of the Champions League soccer teams will receive a $ 2 bonus in their account for every goal they score. Also, Stake.com offers an exclusive bitcoin sportsbook bonus: make a deposit of $ 100, and within 20 days the bookmaker will, at your request, add $ 5 to the account every day. According to our editors (bitcoin casino top team), the steak is one of the best bitcoin sportsbooks.
The Betcoin brand appeared in 2013. The site is available in English and offers players sports betting and virtual sports, casino, live casino, and slot machines. It is possible to make a deposit and withdraw money only through cryptocurrencies. Because of the name, someone might think that this bookmaker is a bitcoin only sportsbook, but this is not. Unlike Stake.com, Betcoin is multi-currency. Betcoin does not focus on the variety of sports presented: there are only 15 sports available in the line, as well as cybersports StarCraft and LOL. At the same time, the list here is worthy: Betcoin offers more than 150 markets on soccer, including corner bets, combined bets, goal scoring, and a variety of alternative totals and handicaps.
Also, a good list is offered for American leagues (NBA, WNBA, NHL, and others) – it is felt that Betcoin is a bitcoin sportsbook USA, and American bettors are in priority for this bookmaker. Other sports cannot boast of a generous list: even for top tennis matches, no more than 19 markets are offered. The average margin in the Betcoin bookmaker is 8% (coefficients along the same line are 1.85), which is close to the worldwide standard value.
FortuneJack is a unique online sportsbook platform, it is a pioneer in working with cryptocurrencies, so if you are looking for a bitcoin cash sportsbook, FortuneJack is your choice. The bookmaker’s activity is regulated by the international license of Curacao, and as a service, in addition to sports betting, FortuneJack offers casinos and live casinos. FortuneJack offers to bet on more than 20 sports. The company pays most attention to the leader of the betting market, Soccer, tennis, as well as the leading American leagues.
The list of events on FortuneJack is presented at the level of industry leaders. Major football matches – nearly 1000 markets, in the NFL – 300, in the NBA and NHL – 200. The only baseball is second – no more than 35 markets for the most important games. The odds are very high. The margins for the above sports, the main ones at FortuneJack, do not exceed 3-4%. In addition, for less popular handball and volleyball, the maximum reaches 6-7.
Bookmaker 1xBit offers optimal conditions for fans of sports betting, these are high odds, a volumetric line, and a detailed list of events. Some features of the official website of the 1xBit are available even to unregistered users, but only registered users can make bets. 1xBit is a sportsbook with bitcoin deposit possibility. On the website 1xBit, several dozen sports disciplines are brewing. These are football, tennis, basketball, tennis, hockey, and other sports. Among the most exotic are rugby, billiards, netball, auto racing, and surfing.
Players have access to bets both on the line (including long-term bets with an outcome in a few weeks or months) and betting in the live section. Bets can be placed in the form of single bets, express bets, and systems. Also available is a tote with a minimum bet and the ability to hit the jackpot. The list of events in the 1xbet bookmaker’s line can include hundreds of outcomes.
Bitcoin sports betting: making money is difficult, but possible!
Well, if you have read this section and you are already familiar with the starting introductions about sports betting, now let’s talk about the industry in general and discuss the most important question, is it possible to make money on Bitcoin sports betting? Betting at bookmakers has long been an integral part of the life of sports fans. Some do them for fun, in order to increase interest in an upcoming event, while others are trying to replenish their money account. However, not everyone succeeds in making a profit, otherwise, the bookmaker business would have collapsed long ago.
A lot is decided by a professional approach to business, skill, and experience, and of course, you can’t do without luck. First of all, beginners have to study in detail the rules for accepting bookmaker bets, as well as their types. It is also very important to stick to your chosen betting strategy. Another of the initial tasks of a player is to find a reliable and reliable source of information that will help make an accurate prediction of sports bets.
Advantages and disadvantages of Bitcoin betting
To summaries all above let’s consider pros and cons of bitcoin betting in short:
- Deposit and bets can be made quickly, even during the match;
- High coefficients;
- More bonuses for newbies;
- Favorable terms of deposit and withdrawal.
- Low selection of casinos that accept Bitcoins for sports betting;
- Bitcoin high volatility can devalue your winnings.