Crypto Betting with Bitcoin, Ethereum & more

The Best Crypto Betting Sites

Crypto betting sites offer a secure way to wager online, with an easy process and secure transactions. There are far from all operators that offer crypto transactions, and the ones that do vary a lot in the selection of crypto coins. But more betting sites are including Bitcoin and other cryptocurrencies as transaction options.

Here you find three of the best crypto betting sites, that are good options for esports and any other bets.

 

Crypto Betting Sites with Esports

Esports betting sites are leveraging the power of online gambling to reach an expansive, global esports market. A multi-billion-dollar esports market draws gamblers from all over the world. Catering to cryptocurrency enthusiasts, esports betting websites are essential to the new, virtual gaming world.

With Bitcoin and other cryptocurrencies continuing to gain popularity, the currencies allow fans to bet, purchase services, and enjoy online esports entertainment. Major tournaments and gamers are becoming as popular as NFL and NBA events. Esports enthusiasts are comfortable with digital currency, bringing crypto to the forefront of the digital esports market.

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Betting on Sports with Crypto

Sportsbooks are some of the most popular online betting sites, which accept cryptocurrency. From football to hockey, and other sports as well, sports betting enlivens major sporting events. Viewers place live wagers, boosting the competition’s excitement. Drawing huge crowds, online bookmakers pay gamblers substantial money for betting on the winner of a high-stakes sports competition.

Crypto betting and sports are aligning well in the new, digital age. A number of currencies, including Bitcoin, Litecoin, and Ethereum offer bettors a digital option for depositing funds in an online sportsbook account.

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Bet with Crypto on Politics

For those who wager on who is going to win the presidency, Crypto is ushering in a new era of bitcoin betting websites for politics. Considered an essential part of the political landscape, political gambling is as much a public relations tool as it is a form of entertainment. A politician’s reputation may take a hit if his odds of winning go down. Hundreds of sportsbooks are now offering odds on major elections. In fact, 2012 odds for President Barack Obama winning the presidential election were more favourable than his polling numbers at the time. As the odds of him winning increased, more bettors placed wagers on Obama to win, improving his online reputation.

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Entertainment Crypto Betting

Entertainment companies are accepting Bitcoin and other cryptocurrencies, which are in demand by avid gamblers. Since 2013, online entertainment sites have welcomed the use of crypto as a form of payment. From video gaming to online casinos, entertainment sites allow players to access an online account and deposit funds directly from a crypto transfer agent. Easy-to-use and secure, crypto continues to grow as the choice for those who frequent online entertainment websites.

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Bitcoin

In 2021, Bitcoin became a legal tender. Recognized by El Salvador as the official currency, second only to the U.S. dollar. Digital currency continues to skyrocket in value. Used to purchase both online and offline items, it leads the cryptocurrency market trend. Sparking the launch of hundreds of copycat coins, Bitcoin is distributed on a blockchain or decentralized system of secure files. Although dealings are visible, users are unable to alter transactions, making Bitcoin one of the safest ways to transfer funds online.
Going through several highs and drops in the market, the coin continues trending upward in value. As gamblers increasingly use cryptocurrency for betting, it is viewed as a popular option for betting online.

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Ethereum

Ethereum is also decentralized, and an open-source blockchain. It’s a coin, an ether, which is the most popular cryptocurrency on the market behind Bitcoin. Ethereum is more popular blockchain technology, even though Bitcoin is a more widely used form of digital currency. Popular cryptocurrency betting sites accept Ethereum, offering users a secure funds transfer experience.

Bitcoin and Ethereum are not the only digital currencies gamblers use. Litecoin and Bitcoin cash are also popular options for funding casino and sportsbook accounts. In fact, the profound cryptocurrency market growth is sparked in part by the anonymity the digital currency offers to gamblers. As more bettors attempt to maintain privacy, cryptocurrency is an attractive method for bettors at sportsbooks offshore or websites, which are not licensed in a particular area.

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BTC funding is anonymous because bettors are not required to provide personal information in a Bitcoin transaction. It’s one reason, BTC is a popular form of payment in esports crypto betting. From fast transactions to anonymity, Bitcoin offers esports bettors a seamless way to transfer funds.

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What to Bet on with Bitcoin

There are a variety of sports, which attract online betting action, such as cricket, football, soccer, and basketball. Bitcoin’s use in the digital gambling landscape evolved from a need for a more seamless funding process. The 2006 Gambling Enforcement Act regulates unlawful online gambling. The federal law set certain requirements for accepting credit cards online.

Bettors turned to cryptocurrency. As Bitcoin’s popularity grew, sportsbooks began using digital currency. Whichever sport a gambler prefers, Bitcoin allows fast fund uploads into online accounts and a seamless collection of winnings. From the Super Bowl to the World Cup, Bitcoin offers sports enthusiasts an easy way to transfer money and place bets.

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Esports Betting with Bitcoin

One way to purchase bitcoin is with a wallet. Choosing a wallet helps prevent hacking when users back up the currency with a private key. With secure wallets, Bitcoin users may buy the currency from an exchange. After buying, the user sends the BTC to his wallet address. bitcoin.com. Once you have purchased your BTC, you can now send it to your wallet address.

After buying the cryptocurrency, the gambler makes a deposit at an online bookmaker. Find an esports site, which accepts bitcoin funds. After setting up an account, the sportsbook will provide an address for the account holder to send his bitcoins. The transaction processes and funds are available in about 10 minutes.

It’s time to bet on esports matches, players, or tournaments. With bitcoin funds safely deposited, the gambler may select matches to wager on. The site converts Bitcoin to currency, allowing the user to read the BTC as a $10 bet.

Bitcoin betting Offers & Promotions

Cryptocurrency betting sportsbooks operate similar to casinos by offering bonuses and rewards. These prizes serve to attract new players and entice returning gamblers to continue betting. Every day, all day, sportsbooks offer promotions to add to betting excitement.

Deposit bonuses often match the value of the deposit up to a certain amount of money. For Bitcoin, the bonus is the monetary equivalent of the Bitcoin value up to the percentage permitted by the sportsbook. Players may accept bonuses when signing up for the platform. Deposit bonuses are standard at most reputable online casinos and sportsbooks.

It’s important to view the terms and conditions when accepting bonuses. Depending on the sportsbook, conditions may apply. Some online casinos require those who accept bonuses to deposit and bet a certain amount before allowing a withdrawal.

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Spread Betting with Bitcoin

Basically, spread betting allows a gambler to bet a large amount, even if he has a small amount in the website account. Leveraging the spread, a form of credit, a bettor may win large sums with only a small deposit. It’s a risky way to gamble, because the bettor may lose. With open-ended betting, there’s an opportunity for high profits. Unfortunately, if reckless, losses may grow.

Place a spread bet by buying a bet at a higher price or selling a bet at a lower price. The difference in the high and low amounts is a spread. To close the spread bet simply sell the bet at a price lower than the purchase price.

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Safety & Security using Bitcoin

Cryptocurrencies offer additional safety measures compared to regular currency. Using blockchain technology, transactions are recorded in a public ledger. Every transaction is encrypted and verified. In the decentralized system, payments are made peer-to-peer, with no third-party intermediary used to process a payment. Central banks, governments, and financial institutions have no input in how the network works.

Therefore, the crypto transactions leave no trail back to the gambler. It’s a benefit for those who like to bet privately. Cryptocurrency offers funds transfers to an online casino without concern about it recording to a bank or credit card statement. Cryptocurrencies are becoming the depositor of choice for gamblers who prefer more security and privacy.