Today, many bettors prefer to bet on sports events and eSports in Bitcoin and other cryptocurrencies. A sports bet crypto compares favourably with a fiat bet. The main advantage is safety. These platforms are based on the blockchain. The distribution of money is carried out through smart contracts, which guarantee fair and fast payouts of winnings. Third parties cannot interfere with this process and change the results. Every bettor who is going to bet in crypto needs to find an honest and reliable service. One of the best companies is Sportbet. The bookmaker offers the most favourable conditions for betting, wide lines and a variety of patterns, and the ability to predict in the pre-match and live with the most profitable quotes.
Reasons for the popularity of cryptocurrency sports betting
The rate of Bitcoin and other digital coins is constantly growing, so making online bets in electronic currency is convenient and profitable. This format of betting has several other undeniable advantages:
the anonymity of financial transactions and the impossibility of blocking them;
confidentiality of personal information
security of monetary transactions, which are protected by modern programs and encryption protocols
instant transactions without hold;
guaranteed payment of winnings, which is embedded in smart contracts;
the ability to play for cryptocurrency even in those jurisdictions where the activities of bookmakers are prohibited;
minimal commissions or their complete absence
One of the features of crypto betting is the decentralization of digital currency. Bookmakers provide instant cash transactions, as they take place without the participation of banks and other intermediaries.
Choosing a reliable bookmaker with bets
When choosing a quality site for sports and eSports betting, you need to pay attention to the following important criteria:
value of coefficients;
blockchain with smart contracts;
convenience and quality of the interface;
the generosity of the bonus program;
available types of digital coins;
variety of events and rates;
the work of the support service.
If your goal is profitable bet crypto, before playing on the website of your choice, study independent ratings and reviews of professional cappers. You can only register on the best sites with an impeccable reputation, such as Sportbet.
Despite all the advantages of cryptocurrency betting, it also has some disadvantages. Everyone who will make money on sports betting in bitcoins should take them into account. The main one is the probability of a fall in the exchange rate of coins. The second is conversion. Not all bookmakers exchange fiat money at the official rate. Therefore, you should pay attention to the course offered by the office.