Crypto betting is the process of gambling online using cryptocurrency. In this case, you can use crypto for sports betting to replace fiat currencies. Sports betting with crypto has become popular over the years due to the following reasons:
- It is decentralized, meaning no one has control over your money but you.
- It is more secure than traditional payments since you don’t need to submit any banking information when transacting with cryptocurrency.
- It guarantees more privacy regarding your transactions.
- It is faster compared to conventional banking since its transactions are almost instantaneous.
- It offers low transaction fees, unlike traditional payments.
Understanding Crypto Betting Bonuses
The essence of crypto-betting market bonuses is to allow you to maximize your winnings. Therefore ensure you always compare different sportsbooks to claim the best perks. Now let’s review some of the most common sports betting bonuses today.
1. Free Bet Bonus
Many sportsbooks give free bets to new players. Usually, the best crypto bets for free come with a wagering requirement of 2-5 times for you to be able to withdraw your winnings. Depending on the casino you are playing, you are supposed to wager on a certain event with a specific odd, let’s say 1.5 and above odds, to qualify for the promotion. Note that the sportsbook may require you to stake a particular amount on the free bet.
2. Price Boost Bonus
This promotion is usually available for new and existing bettors. Most sportsbooks offer the bonus daily, monthly, or during the beginning of a new season. They are meant to increase your winning outcomes. For example, in the case of a daily boost, this promotion resets itself after 24 hours, where you can recharge your bets the next day in different sporting events. The boost bonus comes in the form of an odd where you have to raise it to use it after withdrawing your winnings.
3. Сash Signup Bonus
In most cases, this promotion comes in the form of a specific percentage of your first deposit. Requirements to expect in this bonus include betting its amount certain times on selected events with a minimum odds of, let’s say, 2.0 and above.
4. Money Back
This promotion allows you to bet crypto and claim your money back once your bets fail. Usually, the reward is limited to a specific amount of money and doesn’t come with any wagering requirements because you can only get a net gain after your stakes go through.
Sports Betting With Crypto
The best crypto betting sites feature all major sporting events. They include but are not limited to:
According to cryptocasinos360.com research, football is one of the most popular sports among bettors globally. The crypto football betting popularity mentioned above comes with many benefits because sportsbooks are always competing for customers. As a result, you can leverage perks like generous odds, unique crypto betting markets, and huge bonuses. Some of the market events to expect in football betting include double chance, first goalscorer, and both teams to score.
Tennis matches are among the most exciting events to bet with a crypto coin since they offer one-on-one and two-and-two competitions. Here, you can bet on every set, game, or point. Even better, you can leverage big odds on big events like Wimbledon.
3. Horse Racing
Horse racing also offers huge odds on its markets, thanks to BOG promotions. BOG promotions present unique strategic advantages in these kinds of races. Horse racing also provides a wide range of live coverage to give you the real event feeling. These advantages make horse racing one of the best sports to bet on.
Cricket comes in different forms, such as Test cricket and Twenty20. In this case, you can choose what type of cricket you want to stake on, giving you the chance to approach the game from various angles. Usually, the best crypto sports betting site provides its customers with all the details and updates on long matches.
Crypto eSports Betting
eSports betting is slowly becoming a force to be reckoned with in the betting industry, and this is confirmed by many popular platforms, including bitcoinbookies.net. This popularity can be attributed to the following eSports games available in the market today:
1. League of Legends
Unlike tournament-oriented eSports games, League of Legends allows you to bet on league winners. In this case, you can stake your wagers entirely on the winner or bet from match to match. Markets in League of Legends include the match outcome, handicap, and specific game results.
2. Counter-Strike: Global Offensive (CS: GO)
CS: GO is also one of the most popular eSports games globally. It is a multiplayer game that allows you to compete for various virtual gifts. It boasts one of the biggest eSports markets for weapon skins and keeps updating itself through patches. You can leverage lucrative odds from annual leagues such as ESL One Rio De Janeiro, ESL One Cologne, IEM Katowice, and DreamHack Anaheim.
And since there is no offseason, the prize pool may go up to 1 million viewers with such events. Markets in CS: GO includes the Match Winner, Correct Score, Draw No Bet, Pistol Round Winners, and Handicaps.
In this game, betting prizes depend on the player’s level. The best part of playing Dota 2 is that players enjoy new challenges from new game models and skins. Even better, 25% of the compendium goes to the prize pool.
Crypto sports betting is taking over the gambling industry with the best Bitcoin betting sites offering conventional sports betting, eSports betting, and online casino gambling. Besides sports betting, crypto bonuses, and other perks from crypto sports betting markets, you can make good use of your favorite sports such as football which come with endless markets and perks. Finally, you can try something new like betting on eSports games markets as well as live betting.