The most significant change in the crypto betting industry
The current change in the betting industry brought by the growth in blockchain technology has continued to grow around the world. Gamblers have found an easy way to bet with the use of crypto and bitcoin. The betting criteria have been improved since the gamblers can use online platforms powered by blockchain technology. It has brought about platforms that focus on enabling the gambler to get the market prediction of certain games. Other applications using blockchain technology to predict the outcome of matches that they will bet on. This has eventually improved the gambler’s aspect of betting and increased their betting aspect. Besides, the launch of a smart betting guide has helped gamblers to know the best bookmakers and the betting plan to earn huge. In this article, we will guide you on the best crypto sports betting sites and how to bet.
How has the cryptocurrency changed the sports betting industry?
Cryptocurrency technology has impacted a lot in the betting industry in the form of bitcoin, etherium, and also Litecoin. It has changed the sports betting industry in the following ways; Don't use plagiarised sources.Get your custom essay just from $11/page
- Creation of new betting websites
With the rise in need of betting, different betting companies have emerged. The latest betting companies have come up with various sites of a casino that enhanced good odds and high bonuses for the gamblers. These new sites only accept the use of cryptocurrency, which has made it very popular across the world. Most of the latest companies are setting up benchmarks for the competitors who may wish to open their own.
- Creation of an easy and more secure payment method
There before, a user of a gambling site was expected to enter details of his credit/debit card. This is a terrible idea as you are exposing your information to someone you do not know. With the cryptocurrency technology, the steps are elementary since you will only copy the wallet address and make a deposit without exposing your information to betting sites. This idea has seen so many gamblers moving to cryptocurrency since they get their funds deposited to betting sites in a few minutes.
- One can make deposit and withdrawal anytime anywhere
Blockchain technology has come up with an anew methodology that prevents tracing of funds; hence a gambler can deposit and withdraw funds easily using cryptocurrency in any region of the world. A high number of online sport betting companies are now accepting the use of bitcoin, which is now becoming popular day by day. Also, those who live in countries that do not allow betting can easily bet by the use of cryptocurrency.
- Low fees
Since there are no third parties involved in crypto betting, the fees charged while transferring cryptocurrency to sports betting is deficient. This is an essential aspect of every user since people do not like spending much while gambling.
What is the best crypto sports betting sites?
Several crypto sports betting sites have come up due to the rise in need for crypto betting. The following are the best site to use;
- Stake
It is a crypto sports betting that uses bitcoin as a means of payment. It has got an excellent interface that allows users to interact with and enjoy the variety of sports that they offer. The platform enables a user to easily register for an account. They also provide an excellent customer base that will allow you to reach them anytime you have an issue. It also allows instant withdrawal through the use of bitcoin, ethirium, and also doge. They have proven to be the best cryptocurrency betting site for a couple of years they have been in operation. The only set back is that they do not have a welcome bonus for their new customers.
- Sportsbet
This is another bitcoin sports betting platform that accepts users to use bitcoins and cryptocurrency any time. They have an outstanding user experience and gives every new user a welcome bonus. They have been trading for a couple of years and have proved to be among the best platform to bet using cryptocurrency. They have several withdrawal methods that you can use, such as bitcoin. The only problem is that it restricts players from various countries such as Australia and the USA
- 1Xbit
1Xbit is one of the top-rated cryptocurrency sportsbooks due to its high list of games and more promotion opportunity for its clients. It is anonymous as no personal data is required and marks the only betting site that accepts customers to deposit with more than 20 cryptocurrencies. It also has a high range of live betting. This site allows only cryptocurrency deposits and withdrawals. Also, it is not recommended for the U.S. and Uk as they may struggle to use it.
- BetOnline
It is a platform that allows users to use bitcoin as a method of depositing and withdrawing funds. It is the best platform for those residing in the united states as it provides user security and compliance to the U.S. casino. This platform has a lot of sports and allows live betting for various sports. It is also available in a lot of countries. To encourage the use of bitcoin technology, it offers a massive bonus for anyone depositing bitcoin. They also provide excellent customer support on a 24/7 basis. It also allows instant withdrawals for its users.
- FortuneJack
It is also one of the top-rated cryptocurrency gambling sites due to is the high number of offers and games it has. It has excellent user experience and good security. Fortunejack has a breakneck transaction speed; hence users get their funds easily and anytime they are in need. It has a large selection of games, including dice, poker, video slot, etc. Besides, it only accepts cryptocurrency deposits and withdrawals.
- Betcoin
Betcoin is a crypto sports betting website that uses bitcoin technology. It allows its customers to instantly make deposits and withdrawals. It has an extensive selection of sports such as tennis, volleyball, football, rugby, boxing, baseball, etc. It also offers casino games for those interested. It also allows for cryptocurrency transactions only. The only problem is that it has a poor user experience.
To conclude, cryptocurrency has changed the betting industry, and it is expected that it will continue growing in the next few years. It has created an excellent platform for the gamblers in various countries to easily deposit and withdraw their earnings instantly.