Crypto Sports Betting

Crypto Gambling Tips

You can improve the success of your cryptocurrency bets if you play with the right crypto gambling tips. Cryptocurrency gambling is not that different from Fiat money betting. However, you need to bear some things in mind before placing your Bitcoin bets, as they are also unique in their way. Here are several Bitcoin gambling tips that will take your digital currency wagers to the next level.

Know Your Sports

As with any other form of sports betting, Bitcoin wagering requires you to know your sports. You can have loads of digital coins and have an excellent understanding of how the blockchain works. However, if you don't do your betting homework and don't bet on the right sports market, you will have very little success.

Our advice here is to bet on sports that you know well and regularly follow. For instance, if you are an avid football or basketball follower, we suggest you bet on events from these sports. Similarly, if E-sports are your forte, bet on events from CS: GO or DOTA 2.

On the other hand, even though sports such as horse racing present some very lucrative betting opportunities, they might not be your best options. If you have never attended a horse race in your life, maybe it is not such a gooda to place BTC wagers on horses you have never even heard of too.

To be successful at Bitcoin betting, stick to the sports you know and love. Doing this will increase your chances of having winning BTC wagers and maximize the profit from your Bitcoin bets.

Choose the Right Betting Market

It's not just the right sport that can affect the success of your cryptocurrency bets. Your wagering profit can increase if you bet on the right betting markets too. 

People often mistake limiting themselves to only one wagering market, such as the match-winner one. Going with only one betting option might seem like the right move for wagering beginners who are learning the basics of betting. However, if you want to increase your gambling win rate, we strongly recommend that you try out different bet types.

And there are quite a lot of Bitcoin betting markets to choose from in addition to that match winner market. These include wagering propositions such as:

• Point/Goal Totals
• Correct Score
• Handicap Markets
• Player Props
• Futures

When you bet at the top BTC sites, you can access all of these markets and hundreds more. That means you can bet on exactly the bet type you want and increase your chances of winning as a result.

Moreover, most quality Bitcoin sportsbooks these days offer live betting too. Wagering on the action as it happens is a unique opportunity to see how teams and players perform during the game and then bet accordingly. That means that betting in-play is another way to increase your win percentage and improve the success of your Bitcoin bets.

Play at the Best Cryptocurrency Sports Betting Sites

The best Bitcoin wagering sites can offer more to BTC punters. They have more bet types, offer a fair share of betting markets, and boast top-quality customer support service. 

The best Bitcoin bookmakers also have a wide range of promos ranging from first deposit bonus offers and free bets and the highest odds in the sports betting industry. They even have casino sections that include the best BTC casino games to give players more gambling options while taking a break from all that betting. 

Therefore, if you are serious about taking your Bitcoin gambling experience to the next level, find a top-rated cryptocurrency betting site right now. A quality BTC sportsbook will allow you to make the most of each bet and give you all the tools you need to enjoy your crypto sports experience to the fullest.

Bankroll Management - Your Number One Priority

Managing your money is crucial when you gamble at Fiat currency bookmakers. Those same rules apply when you bet using cryptocurrency. That means you must have a betting budget, as well as know how much you can spend each month on wagers.

As a rule of thumb, you should only spend the Bitcoin that you can afford to lose. In other words, organize your betting bankroll in a way that betting losses won't affect your daily budget. For instance, if you can afford to lose 0.02 BTC a month, that should be your betting budget. That means that once you lose 0.02 BTC a month, you will stop gambling and will wait for the next month to come before you can again deposit BTC into your wagering account. 

The opposite can happen when you win. For instance, if you win 0.01 BTC in a given month, you can increase your budget by that much and play with more until the end of the month. If you have Bitcoin in your betting or casino account at the end of the month, you can withdraw it, invest it, visit an exchange or do whatever you wish with it.

Bitcoin transactions that take place on the blockchain do not make them any different from Fiat money deposits. You still have to plan how much you spend and use your money in the best way possible when you win. A little bankroll planning can go a long way when you are betting using cryptocurrencies.

Be on the Lookout for Bitcoin Bonuses

One of the drawbacks of playing at sportsbooks that accept cryptocurrencies is that they don't have as many bonuses as Fiat money betting providers. However, if you choose right and opt for a generous cryptocurrency sportsbook, you can get your fair share of Bitcoin bonuses too.

Some of the cryptocurrency bonus offers that you can find include:

• First deposit bonuses
• Free bet promos
• Risk-free wagers
• Accumulator boosts
• Cash Out options

As you can see, there are a lot of bonus offers that Bitcoin players can use. The first deposit bonus is the most lucrative among these. As the name implies, you get it when you make your first deposit with a cryptocurrency bookmaker. For instance, a cryptocurrency sportsbook can double your initial deposit up to 0.01 BTC. That means that you will play with twice the money and increase your chances of winning as a result.

Free bet bonuses are also enticing. With a free wager promo, you can place a bet with the bookmaker's funds. All you might need to do is enter a promo code, opt-in for the bonus, and you will be playing carefree.

Risk-free wagers allow you to play carefree too. If your bet wins, you collect your winnings. However, if your bet loses, the bookmaker will return your stake in the form of bonus funds. You can use these to place other wagers in the future.

All in all, cryptocurrency bonuses can be enticing, provided you find a sportsbook that has them. Fortunately, the cryptocurrency betting operators we feature on our site have all the promos you need. In other words, you don't have to look far to locate a top-quality Bitcoin bonus.

Conclusion

Cryptocurrencies have become an intrinsic part of top-tier sports. For instance, Watford FC partnered with Bitcoin a couple of years ago, and the Vicarage Road side put the BTC logo on its official match shirt. Similarly, the Sacramento Kings became the first NBA organization to accept Bitcoin payments as early as 2014. Other NBA franchises followed. Even professional players are getting in on the act. Recently, the NFL No. 1 overall draft pick, Trevor Lawrence, signed a lucrative endorsement deal with Blockfolio, a cryptocurrency app that allows you to follow multiple exchange listings from one place.

Therefore, it is not surprising that sportsbooks that accept cryptocurrencies have also exploded in popularity. These days, you can bet on sports at tons of sites that accept cryptos. These Bitcoin sportsbooks allow you to place bets using the digital money you own and let you enjoy the unique perks of Bitcoin betting at the same time. Anonymity, secure transactions, and minimal fees are just some of why people opt for sites that accept Bitcoin rather than bookmakers that work with Fiat currency, such as the Euro or US Dollar.

Bitcoin betting does come with one lingering problem, though. It is sometimes tricky to find reliable and trustworthy cryptocurrency betting providers.

That's where we come in. On our site, we list proven Bitcoin betting operators and review them in detail. All sportsbooks you can find here come expert-vetted, meaning they have passed a battery of tests before they have earned their right to be featured on our site. Whichever one you pick, you won't make a mistake.

Choose youral cryptocurrency sportsbook today, and start making the most of your Bitcoin wagers right away!