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Crypto Bet Sports: The Ultimate Crypto Sports Betting and Gambling Site



CRYPTO BET SPORTS: THE ULTIMATE CRYPTO SPORTS BETTING AND GAMBLING SITE

 

Here at Crypto Bet Sports, we bring you all the best sports crypto sports bets
and information you need to know about crypto gambling and Bitcoin gambling. Not
only do we aim to be one of the best crypto sports betting sites out there, but
we will look at why you should get started betting your cryptocurrency with us,
how it works and how to get started!

 

What are you waiting for? Let's dive right in…

 

The Advantages of Using Crypto Betting Sites



THE ADVANTAGES OF USING CRYPTO BETTING SITES

 

If you are here and reading this page thus far, it is clear that you are curious
about getting started in the world of crypto betting… but you may still have
some questions that need answering. Why should you make the move over to sports
crypto betting at Crypto Bet Sports? Well, firstly, let’s take a look at the
pros of crypto gambling and why we are certainly worth a second look.

 


FIAT CURRENCIES ARE OLD NEWS

 

Especially with the current climate the way it is, fiat currencies simply aren’t
as effective anymore. As inflation continues to rise, the value of fiat
currencies falls. What’s more, because they are ‘centralized’ the government can
keep tabs on what you are doing with your money and banks have all the control
over whether you can or can’t spend it.

 

Basically, if the bank doesn’t want you to make a deposit or payment, it can
block it and there’s very little you can do. This is not the case with
cryptocurrencies.

 

Cryptos allow you to make transactions across the world – with no geographical
borders meaning no fees and levies. You don’t need any banks or intermediaries
to send and receive payments – there is no need for a central middleman which
reduces both time and costs.

 

Ultimately, if you want to make a transaction you can. No banking institution
can control your crypto funds!

 


A PRIVATE WAY TO PLAY

 

It’s no secret that banks don’t really like sports betting or casino
transactions. This means that not only can they block or delay your
transactions, but they can also penalise you for those transactions you do make.
They can affect your credit rating… and even turn you down for loans and
mortgages on this basis. Even if you don’t bet regularly, it can have a negative
impact.

 

This is not the case with crypto, due to its high privacy, you can make as many
transactions as you like and it cannot be held against you when making credit
applications!

 


CRYPTOS CAN BE AN INVESTMENT OPPORTUNITY.

 

Money never increases in value… it goes down. So, if you bet with fiat
currencies on a traditional sports betting site then you are wasting an
excellent opportunity for investment. Although cryptos are very volatile, most
believe that in the long term, their value will increase.

 


CONTROL AND INDEPENDENCE

 

It isn’t uncommon for players that have tried to deposit fiat money at online
betting sites to have their bank accounts frozen – some for as long as one
month. There is no real reason behind it other than a deposit at an online
gambling site. They are dictating to you what you can and can’t spend your money
on. Really?

 


QUICKER AND SAFER BETTING

 

It is the case that even some traditional sports betting sites have started to
accept Bitcoin and more mainstream cryptos such as Ethereum and Litecoin… but
they don’t offer the same experience or benefits as playing at a proper crypto
gambling site like Crypto Bet Sport.

 

Standard casinos may require costly exchange fees, a more antiquated design and
slower banking due to all the procedures they will need to go through. As such,
they actually undermine the main advantages of crypto betting.

 

Crypto gambling sites like ours are much more modern, have excellent technology
and offer higher security and much faster withdrawals with minimal fees.

 


FASTER PAYOUTS WITH HIGHER WITHDRAWALS

 

We touched on this above, but because there are lots of different procedures to
go through plus the addition of the financial middle-man, it will take a lot
longer to get your money out of a traditional betting site. This also means that
the withdrawal limits are nowhere near as high as you find on crypto sports
betting sites such as Crypto Bet Sports.

 

We are fully licensed and regulated so you can be sure that you are playing at a
trusted crypto-betting site.

 

The Best Exchanges for Crypto Betting



THE BEST EXCHANGES FOR CRYPTO BETTING

 

Although there are numerous crypto exchanges, not all will allow you to transfer
your crypto funds to and from a crypto betting site. If they do see you do this,
then they may close down your account and withhold your money.

 

The industry’s biggest exchanges use the most sophisticated blockchain
technology forensic software which can identify specific transactions… so when
you choose your exchange, you need to pick one that will allow you that freedom.
One of the best for this is Binance.

 

Obviously, this is one of the biggest and best exchanges in the world – but it
also has no specific policies against crypto betting.

 

In addition to this, it also offers some of the lowest fees, fast withdrawals,
top-end security and more exchange options than practically any other company.

 

Once you set up an exchange account with Binance, you will find the whole
process of betting on a crypto-gambling site pretty straightforward.

 

The Crypto Betting Options



THE CRYPTO BETTING OPTIONS

 

More and more people are starting to realise the numerous advantages of betting
on a crypto-based gambling website. Here are some of the options and markets
open to you here at Crypto Bet Sports: 

 


SPORTS BETTING

 

If you open up our state-of-the-art crypto sportsbook then you will find that we
offer as many as – if not more sports and markets than even some of the best
traditional sportsbooks.

 

You will also see that on top of this, we also offer even better odds and prices
than more traditional bookies on many of the popular markets. You can enjoy
making value crypto sports bets on:

 

ESPORTS

 

This betting market is becoming hugely popular with estimates suggesting that it
attracts more than 450 million viewers and fans from across the world. People
tune in as some of the most skilled players from across the globe compete in
famous video games such as CSGO to win big prize tournaments. 

 

So popular is it becoming, that some are predicting that it will one day be an
Olympic event.

 

VIRTUAL SPORTS BETTING

 

There's not always a sporting event you want to bet on – so why not make a
virtual sports bet? This is where top sports such as football, horse racing and
motor racing events are simulated using advanced technology and displayed in a
way similar to video games. These create events and their results.

 

Your Guide to Betting with Crypto



YOUR GUIDE TO BETTING WITH CRYPTO

 

There is a lot more information than ever regarding crypto betting – and whether
it’s a good or bad thing. However, there isn’t as much information on how to
actually go about it. And that’s what we want to help you with at Crypto Bet
Sports. 

 

We want you to get the very best experience from our site and get you started
betting with BTC. Here are some of the areas things that you need to be aware of
first:

 

 1. Although there are literally thousands of crypto coins, you need to check
    our list of payment options to be sure that you are playing with one of our
    accepted currencies.

 2. Cryptos are very volatile which can affect how much you end up winning or
    losing.

 3. All transactions made with crypto cannot be reversed. So, any error you make
    cannot be rectified or reversed.

 

That being said… it’s time to get started…

 


1 – OPEN AN ACCOUNT AT CRYPTO SPORTS BETS

 

Our experts at Crypto Bet Sports have made sure that you have access to the
highest quality betting site with lots of betting options, generous odds, lots
of markets, fast and safe transactions.

 

Once you have checked out what we offer, it’s time to get going…

 


2 – PURCHASE YOUR CRYPTO CURRENCY

 

You may already have a currency that you wish to use, in which case you can make
your deposit straight away. However, if you don’t you will need to use a trusted
crypto exchange to buy your Bitcoin or crypto coins.

 

You may wish to consider using exchanges such as Kraken or Binance.

 


3 – MAKE SURE YOUR CRYPTO IS READY

 

Once you have purchased enough crypto, you can then deposit it into your
account.

 

Firstly, you will need to set up a suitable wallet for your currency which will
help to keep it secure. When choosing your wallet, you will need to determine
your preferred level of security and safety as well as how much freedom of
movement you require.

 


4 – LOCATE YOUR PUBLIC ADDRESS

 

When you open up our crypto bet site, you need to choose your preferred digital
asset. At this point, you should be able to see a public address linked to the
account. Make a note of this unique series of letters and numbers as this will
inform us that you have deposited the money.

 


5 – MAKE A DEPOSIT AND PLACE YOUR BET

 

Open up your crypto exchange or wallet and enter the Public Address, you can
then choose your deposit amount and send the funds. You may need to exercise
some patience when waiting for your deposit to be completed.

 

Playing at Crypto Bet Sports



PLAYING AT CRYPTO BET SPORTS

 

Here are some of the main factors that you need to consider when signing up with
us here at Crypto Bet Sports

 


1: ARE YOU LIVING IN A RESTRICTED COUNTRY?

 

Before taking any further steps – and before you even consider registering or
depositing money, you need to make sure that it is legal for you to do so in
your region or country.

 

As we are a legit crypto betting site then you will not be able to enter the
site and register a new account if you are trying to do so from a restricted
country.

 


2: TRUSTWORTHINESS

 

You should also be aware that we are fully licensed, regulated and trustworthy.
One of the reasons you can enjoy low fees and fast transactions at a crypto
betting site is because there is a lot less red tape – which has numerous
benefits. However, this does leave players open to fraudsters if they opt to go
with an unlicensed site. Playing with us means you aren’t putting your money at
risk.

 


3: BANKING

 

Here at crypto bet, we allow you to carefully manage your transactions. Here are
some of the main things we make sure we offer:

 

GOOD SELECTION OF PAYMENT METHODS

 

We offer a better selection of crypto deposit and withdrawal methods than many
others, so you will have plenty of options.

 

END-TO-END CRYPTO

 

We are an end-to-end crypto site, so you enjoy the main crypto bet advantages.
When using an end-to-end crypto betting site, your deposit is made in crypto,
the bet is made in crypto and the withdrawal is made in crypto… which means more
speed, smoother transactions and no fees.

 

On the other hand, if you chose to play at a standard betting site that accepts
crypto, you deposit in crypto which will then be exchanged for fiat currency –
and withdrawals will have to be exchanged into crypto again. This means longer
transaction times and more fees… including exchange fees.

 


GENEROUS BONUSES AND PROMOTIONS

 

Here are some of the bonuses and promotions you will come across when playing at
Crypto Sports Bet:

 

THE WELCOME / SIGN-UP BONUS

 

We offer new players a bonus when they sign up for a new account so that you can
get off to the best start.

 

EXISTING PLAYER BONUSES

 

Also, look at our promo page to see what is available for existing players. Look
for odds boosts, free bets, reload deposits, cashback, free spins etc

 


SELECTION OF SPORTS AND BETTING MARKETS

 

We are also proud to confirm that we offer an excellent selection of sports
betting markets – Crypto Bet Sports offers:

 

 * A good selection of sports and/or games

 * Generous odds 

 * Value bets

 


EXCELLENT CUSTOMER SUPPORT

 

If you encounter an issue, you need to feel assured that there is a good
customer service team or this will lead to anger and frustration.

 

This is particularly true if you are new to the crypto betting scene and are in
need of a little help and guidance along the way. We offer that here at Crypto
Bet Sports

 

Understanding Betting Odds



UNDERSTANDING BETTING ODDS

 

Just as is the case with traditional betting sites, when you are starting out in
the crypto betting world, you need to understand betting odds.

 

If you want to spend time playing at our Bitcoin betting site, then the only way
you can start winning in the longer term is by understanding how different odds
work.

 

Firstly, you need to understand the average crypto betting site will always have
the ‘edge’ (advantage) in all markets. This can range from 3% up to 30%… and
sometimes even more. Ultimately, the lower the edge the better – and we offer
lower edges than many of our competitors.

 

In order to minimize the edge, you will need to look through our odds, see which
ones you think offer the most value and make your bets – maybe you know
something we don’t.

 

How to Make a Value Crypto Bet



HOW TO MAKE A VALUE CRYPTO BET

 

The best way to find a value bet on our site is to try and identify potential
betting odds that you disagree with. So, for example, you have done your
research and believe that Arsenal has a 30% chance of beating Manchester City in
the EPL. 

 

However, we believe that this isn’t the case and have given them odds of 2.5 to
win. Does this constitute a value bet? 

 

Well, let’s work it out. Ultimately this means that our sportsbook is offering
odds implying that they believe Arsenal has a 100/2.5 = 40% chance of winning.
If you disagree with this, then this is not a value bet and you should look for
an alternative market.

 

To be successful at crypto betting, you need to know enough about what you are
betting on to make a solid estimate of how likely a result actually is; only in
this case can you fully try to establish whether or not the bet is worth your
time and money.

 

That being said, you also need to be able to understand how to calculate whether
or not you think the odds represent value or not… so, you need to be able to
work out our estimate of the likelihood of the outcome based on the given odds.
Working this out depends on what format of odds are available. Here we will look
at the three main types of odds:

 


DECIMAL ODDS

 

The most common format of odds for those playing from Europe is the Decimal
format – and this is considered the most accessible and most basic form. 

 

Calculating your possible return with this type of odds is very simple. You just
need to multiply the odds by the size of your crypto bet.

 

So, for example, if you want to place a $150 worth of crypto wager on France to
beat Argentina with odds of 1.8 then your return would be $150 x 1.8 = $270.

 

So, if France were to win, you would get a $120 profit ( $270-$150).

 

If you want to work out what the implied probability of those odds is, then you
divide your odds into 100. So, in this instance:

 

 * 100 / 1.8 = 55.56% chance of winning

 

If you think this is a fair estimate, then you can make the bet. However, if you
think that France has a lesser chance of winning (and greater odds), then this
bet doesn’t represent value.

 

On the other hand, if you believe that France actually has a 60% chance of
winning then this wager does represent value and you should go ahead and make
it.

 


FRACTIONAL ODDS

 

This is the go-to format of odds for bettors in the UK and Ireland. This simply
is two numbers separated by a slash. So, for example.

 

You place a wager on odds of 5/1 for example. This means that for every $1 you
wager, you will receive $5 in winnings (plus your $1 wager returned).

 

So, if you were to bet $100 worth of cryptocurrency at odds of 5/1 then you
would win $500 in profit plus your original $100 wager – giving you a return of
$600. So essentially, the number on the left is how much you win if you bet the
figure on the right.

 

 * E.g, 5/3 means that you win $5 for every $3 you bet.

 

In the above instance, the ‘5’ is called the Numerator and the 3 is called the
denominator. 

 

Before making a wager, you need to establish whether this is a value bet by
working out its implied probability. To do this you need to do a maths
calculation:

 

 * Denominator / (numerator + denominator) x 100 = implied probability.

 * 3 / (5+3) x 100

 * The implied probability of this outcome is 37.5%

 


AMERICAN ODDS

 

American odds, as you may imagine, are generally more popular with US players.
These odds have a + and a – before each number.

 

This symbol will help you to work out whether how much you win will be more or
less than your wager.

 

So, if the number has a (-) sign then your profit will be less than your wager.

If the number has a (+) sign then your profit will be more than your wager.

 

Let’s look at a few examples

 

 * If you wagered $100 at +110, then you would win $110 with a total return of
   $210 including your initial wager.

 * If you wager $100 on odds of +175 you would get a $75 profit plus your $100
   wager.

 

Should the odds have a (-) symbol, then this is how much you need to wager to
win $100. So, for example:

 

 * If you find odds of -110, you would need to wager $110 to win $100

 * If you bet on odds of -300, then you would need to wager $300 to win $100

 

You also need to be able to work out the implied probability to determine
whether it is a value odds. 

 

For positive American odds, the formula is:

 * 100/ (odds + 100) x 100%

 

So, for odds of +175 then the implied probability is:

 * 100/ (175+100) x 100% = 36.37%

 

For negative American odds, the formula is

 * Odds /( Odds + 100) x 100

 

So, for odds of -300, the implied probability is:

 * 300 / (300+100) x 100 = 75%

 

The Best Bet Types and Markets



THE BEST BET TYPES AND MARKETS

 

Now that crypto betting is becoming more popular, there are all sorts of
different options available. The types of bets and markets to choose from have
never been better.

 

Before you decide to register at our crypto gambling site and wager your own
real money, you need to understand how these bets work and whether they are the
right bet types for you.

 

So, let’s take a deep dive into the popular markets to see how they work and how
you can win at them.

 

By understanding this, you will know which are the best markets to bet on and
which give you the best chance of winning even more crypto.

 


THE WINNER MARKET

 

The most popular of all betting markets is the winner market – where you are
simply placing a bet on which team or player you think will win.

 

So, for example, you might think that the LA Lakers will beat the Boston Celtics
in the next NBA game. 

 

This is one of the easiest markets to understand… but how it works very much
depends on the sport on which you are betting…

 

FOOTBALL (SOCCER)

 

There are three possible outcomes for this type of wager. The home team, the
away team or a draw. A draw is not uncommon in top-league games and actually
happens around 25% to 30% of the time. Betting on the draw also offers some very
generous odds as well.

 

There are also some variations on the theme as well:

 * Draw No Bet: If you bet on a winner with this type of bet it takes out the
   risk of the draw. If there is a draw you get your wager back.

 * Double Chance Bets: You bet on a team plus a draw. So, you win if your team
   wins or there is a draw. 

 

AMERICAN FOOTBALL, BASKETBALL AND BASEBALL

 

Should these games end in a draw in regular time then the result will be decided
in overtime (extra time).

 

TENNIS

 

This is a game where there really is no chance of a draw. The game will keep on
going until one player has won.

 

As such, this is one of the easiest sports on which to place a winner bet.

 


THE OVERALL WINNER

 

This type of bet is made over the length of an entire tournament and involves
the outcome of numerous games.

 

This is basically a bet on who will win the whole thing – such as the World Cup,
the Super Bowl or the English Premier League.

 

This is an excellent option if you are looking for a big crypto win because the
odds for this market are usually excellent, especially if you make a bet early
on.

 

Depending on the game, we may also allow you to mitigate some of your risks by
making an each-way bet… but what is this?

 

Well, this means that your bet will win if they place as well as if they win.
So, if you make an each-way bet on France winning the World Cup, you will win if
they reach the final.

 


OVER OR UNDER BETS

 

This is a bet where you are placing your wager on the total score of the game.
You need to determine whether or not the total combined score of the two teams
(pr players) will be over or under the line set by our crypto sportsbook.

 

The line set will depend on the type of sports you are betting on. So, for
example, you want to bet on a game in the English Premier League. Our crypto
sportsbook might set a line of 2.5 goals (the most common) for a game between
Arsenal and Tottenham.

 

If you think that this will be a high-scoring game, then you place a bet on
‘over’. However, if you believe that both teams will be on the defensive then
you would bet on under 2.5 goals.

 

If you think that there will be a really high-scoring game and you want an even
better return then you might wish to look to see whether there is the option to
bet on a line of 3.5 or higher… which means you would need at least 4 goals to
be scored to win.

 

It doesn’t even matter who wins – as long as you predict whether there are lots
of goals or not.

 


TO SCORE NEXT

 

This is a really easy betting market perfect for those who are new to crypto
betting. As the name might suggest, this is simply a bet on who you think will
score next – either the team or the player.

 

For example, If Liverpool were playing Man City, you may place a bet on
Liverpool to be the next to score. Or, you might place a bet on Salah to be the
next player to score the goal.

 

However, not all sports are high-scoring (and football can often go for long
spells without a goal), so you may have to wait for quite some time to see
whether you win your bet or not. In fact, research suggests that around 7% of
European football matches end up in a bore draw… with no goals being scored at
all.

 

If you want to make a next-to-score bet that will be resulted quickly then you
might prefer to bet on a sport such as basketball or tennis. Here at Crypto Bet
Sports, we will let you bet on every point in the match or basket scored. In
some instances, you will know the outcome of your bet within moments of placing
it.

 


HANDICAP BETS

 

There are many sports games and events where it really isn’t very competitive…
There is one team or player that is much better than the other.


As such, the odds on offer aren’t worth your while. The odds on the favourite
aren’t worth the risk – and betting on the underdog simply seems like throwing
your money down the drain.

 

This is where handicap bets come into it. In some sports and matches, our crypto
bet site will give the underdogs a ‘handicap’ which is a virtual advantage. It
could be a couple of points or a goal or two… and you need to decide whether the
favourite is good enough to overcome the advantage.

 

So, for example, Manchester City is a strong favourite to beat Newcastle United
– and Newcastle is given a 2 goal handicap. This means that Man City have to win
by 3 goals in order to win the bet. If they only win by 1 or 2 goals then this
is not enough.

 

Or, you could bet on Newcastle to win. If Man City only beat them by 1 goal, you
win your bet. If they beat them by 2 goals it would be considered a draw in
betting terms.

 


ASIAN HANDICAP

 

Another possibility amongst many crypto bet sites is the Asian Handicap which,
as the name suggests, originated in Asia.

 

This is a little bit more complicated than a standard handicap bet – but if you
know how to use it properly, it can give you the edge. This is why those punters
that know what they are doing usually prefer this over the standard handicap
bets.

 

So, for example, let’s look at a game between Liverpool and Norwich:

 

 * Liverpool (0): You will win if Liverpool wins the game, lose if they lose or
   will get your stake bet in the case of a draw.

 * Liverpool (0.25): You will win if Liverpool wins, lose if they lose or get
   half your stake back in the case of a draw.

 * Liverpool (0.5): If Liverpool wins, you win. But if they lose or the game is
   a draw you lose your entire stake.

 * Liverpool (-.075): Liverpool will need to win by 2 goals to win your bet. If
   it is a draw or a loss then you lose your bet but if they win by one goal you
   get half of a win (so if the profit for a 2-0 win would be $20, you would
   instead win $10.

 * Liverpool (-1): If they win by 2 goals you win. If they win by one goal you
   get your wager back and if Liverpool loses or draws then you lose your bet

 

This type of bet works in a similar way should you think Norwich will fare
better than the odds imply.

 

So, for example, if you bet on Norwich (+1) then you will win if the Canaries
win or draw and will receive your money stake if the team loses by just one
goal.

 

Obviously, this type of market is definitely worth a look if you are a more
risk-averse punter  – because you have a better chance of getting or getting
your stake back.

 

This takes away that binary win-or-lose outcome, which means that you can try
out something a little different.

 


HALF AND QUARTER BETTING

 

There aren’t many sports where it is played out straight from start to finish –
which means you can bet on each half (or even quarter). 

 

If, for example, you watch a game and see the form etc of the team and players,
you can use this information to bet on what you think will happen in the second
half of the game. Moreover, if you know that a team always starts off quickly
and loses its mojo later on, you can bet on how that team will perform in the
first half… and what happens after that won’t matter. So, you can bet on
Liverpool leading in the first half – even if you think they might not win the
game overall.

 


PLAYERS’ PERFORMANCES

 

No matter whether or not it’s a team sport, you can bet on a player’s
performance during the game.

 

So, if you think one particular player is in excellent form – and always
performs well against a particular opponent, you can use that information to
place a wager and win more crypto. This could mean trying to predict the points,
goals or baskets a player might score etc.

 


THE TEAM PERFORMANCE

 

If you think the game is a mismatch, it might be worth playing your crypto bet
on how a team performs. This means that you will win the bet no matter who wins
the match. So, this means that your team can perform well but still lose – and
you can still win more crypto!

 


THE OUTRIGHT SCORE

 

Here at Crypto Bet Sports, you can also bet on the correct score of the game.
This is a tough one because you will need to correctly try to predict the score
of a match.

 

Sports such as tennis tend to be easier because there are fewer possible
combinations. For example, in a women’s match, it is the best of three sets. So,
the only possible final score choices are 2-0, 2-1, 1-2 or 0-2. 

 

However, if you try and predict the outcome of a football match then the choices
are much more plentiful as there is no end to how many goals might be scored by
each team. Trying to be successful with this type of bet would mean lots of
research and even more luck…. However, this would be reflected in some very
generous odds!

 


IN-PLAY BETTING

 

Many people like to watch the game or match play out and make bets whilst they
are doing so. This is increasingly popular and the number of live betting
markets available at our crypto betting site is quite exciting.

 

This is a great option for punters who may be a bit wary of betting on a game
before it begins… you can make a prediction at the start, and watch how the
teams start performing to decide whether or not you are happy to place money on
your original hunch.  

 

If you closely follow a sport then you may find it a lot easier to predict the
trajectory of the game after it has just started.

 

Moreover, certain markets will give you even better odds after the match has
started.

 


ANTE-POST BETS

 

An Ante Post bet is simply a bet placed on a match that isn’t due to be played
for another 24 hours at least.

 

Here at Crypto Bet Sports, we offer wagers on sports events that won’t even
begin for weeks… or even months for larger events.

 

This type of wager allows punters to get some impressively long odds knowing
that the likelihood is that those odds will drop as the match approaches.

 

It doesn’t always work out that way, however – and sometimes the odds will drift
in a way you didn’t expect.

 

Using Cryptocurrencies on Betting Sites



USING CRYPTOCURRENCIES ON BETTING SITES

 

The first of all established cryptocurrencies was invented back in January 2009
by Satoshi Nakamoto-  and thus we were introduced to Bitcoin. It was the first
and it is still the most popular of all currencies and makes up around half the
crypto market.

 

The hype that has accompanied this digital coin has been insane- and its value
has exploded because of this. As such, along with Crypto Bet Sports, more and
more betting sites are starting to accept BTC – and other mainstream cryptos.

 

Before diving in, you really need to understand exactly what it involves and go
in with your eyes wide open. Here are some advantages and disadvantages you may
need to consider:

 


ADVANTAGES OF USING CRYPTOCURRENCY FOR BETTING

 

 * Crypto Sports Bet offers more generous perks and rewards for punters who opt
   to bet with BTC and other cryptos compared to traditional betting sites.

 * Its volatility means that a win worth $100 today could be worth $150
   tomorrow.

 * You can place a bet without worrying whether or not it will affect your
   credit.

 


DISADVANTAGES OF USING CRYPTOCURRENCY FOR BETTING

 

 * If the network is busy (especially with POW cryptos such as Bitcoin) then
   there can be quite stiff transaction fees to consider.

 * The coins are decentralised. So, if you do have any issues with a transaction
   and you send currency to the wrong address by mistake then you won’t have any
   recourse.

 * The value of crypto can drop significantly… so a win worth $100 today could
   be worth $50 tomorrow.

 

Crypto Bet Sports FAQs



CRYPTO BET SPORTS FAQS

 


IS IT LEGAL TO BET ON A CRYPTO BETTING SITE?

 

This very much depends on where you live. You would be recommended to check the
regulations in your country, state or region first.

 

Cryptocurrencies are generally legal and accepted in most countries but some
won’t tolerate crypto gambling. Having said that, there are some dodgy crypto
betting sites that will still allow you to sign up and play even if it isn’t
legalised in your jurisdiction.  If playing with a VPN, given the privacy of the
transactions, it would be practically impossible for governing bodies to
determine who is playing on such sites. These sites should be avoided at all
costs. Make sure you play only at a regulated and licensed site such as Crypto
Bet Sports.

 


DOES BETTING WITH BITCOIN ALLOW ME TO BET ANONYMOUSLY?

 

Yes, crypto betting at a crypto sports betting site allows for complete
anonymity because of the use of crypto addresses. These addresses are created by
your crypto wallet and there is no information that can be linked with you – or
the information of the receiver of your cryptocurrency. 

 

This means that each time you make a transaction it remains completely secret
and it cannot be traced to your name or address.

 


HOW LONG DOES A CRYPTOCURRENCY DEPOSIT TAKE?

 

This depends on a few factors. It could take just a minute or it may take a
couple of hours depending on the blockchain, network and how busy it is.

 

If a lot is happening on the blockchain then it can be a little overwhelming and
take longer to process the transaction. In this instance, you may need to pay
extra fees to jump the queue and avoid excessive delays.

 


HOW LONG DOES A BITCOIN SPORTS BETTING SITE WITHDRAWAL TAKE?

 

This happens in the same way as a deposit. However, because, in some instances,
the withdrawal may have to be authenticated manually then it may take a little
extra time.

 

The speed will then depend on whether or not the transaction requires extra
validation. If there is a particularly long validation process then it could
take a day or two. However, most crypto withdrawals can happen in minutes or
hours- just as with a deposit.

 


WHAT CRYPTOCURRENCIES CAN I USE ON YOUR CRYPTOCURRENCY SPORTS BETTING SITES?

 

The main cryptos you can use include:

 

 * Bitcoin (BTC)

 * Ethereum (ETH)

 * Bitcoin Cash (BCH)

 * Binance Coin (BNB)

 * Litecoin (LTC)

 * Dogecoin (DOGE)

 * Tether (USDT)

 * Monero (XMR)

 * Cardano (ADA)

 * XRP (XRP)

 * EOS (EOS)

 * Tron (TRX)

 


WHAT SPORTS ARE AVAILABLE ON CRYPTO SPORTS BETS?

 

Here at Crypto Bet Sports, we allow you to bet on most national and
international sports, with some of the most popular being:

 

 * Football (soccer)

 * American Football – NFL

 * Tennis

 * Basketball

 * Hockey

 * Boxing

 * Baseball

And many more.

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