Are you an avid sports bettor looking to make the switch to the exciting technology of Bitcoin? If so, then you should know just how important it is to find the right sportsbook. If you bet on sports regularly, then you probably have a good idea of what kind of sites work for you and which don’t.
While switching to Bitcoin might mean that you’re moving away from the well-known, reliable sports betting brands that you have used before, you can be certain that Bitcoin sportsbooks are just as reliable – if not more reliable – and offer you a level of security that you won’t find anywhere else. When you use Bitcoin for your sports betting, all of your funds will be totally secure in your Bitcoin wallet, which can only be accessed with a private key.
There are lots of great reasons why you should make the switch to Bitcoin today. So, if you are looking for a Bitcoin sportsbook to try out, we have put together 5 top tips to help you make the right decision for your adventure with blockchain technology – the future of gambling.
Read Reviews
One of the easiest ways to determine which sportsbook is right for you is to read expert and player reviews of the sportsbook that you’re interested in. Reading reviews is a great way to not only see the types of events that you can bet on, but also to determine user experience, bonuses, rewards and much more – and you can find it all in one place. This will also help you to determine where you should be using Bitcoins in online gaming and why.
There are a number of places where you can read reviews, such TrustPilot or expert sites like Bitcoin Casino Pro. The benefit of using a site like Bitcoin Casino Pro, however, is that they provide you with 100% honest Bitcoin sportsbook reviews from users as well as expert Bitcoin enthusiasts who have played and ranked each individual Bitcoin sportsbook. This way, you are safe in the knowledge that the Bitcoin sportsbook you’re looking to use is a trusted one that other bettors recommend.
Consider The Level Of Privacy They Offer
Anonymity and privacy are key factors of Bitcoin and blockchain technology, but some sportsbooks have different policies to others when it comes to concealing the identities of bettors. For example, many Bitcoin sportsbooks will not require any form of sign up process – not even an email address – so your wagers will be totally anonymous at all times. Other sportsbooks, however, will require a small amount of identification, such as an email address and password to log in when placing your bets. Before you decide on the best sportsbook, weigh up how important anonymity is to you, and find a Bitcoin sportsbook that suits your requirements on that front.
Sporting Events
While most Bitcoin sportsbooks will have almost all sports available across the globe to bet on, you may find that some sites offer more than others in regards to particular sports, especially the more niche ones. This is an important factor to consider, as you may have sites that offer more opportunities to bet on lower league English sports, whereas other sites may provide more e-Sports options. Whatever you’re looking for, you can be certain that there is a Bitcoin sportsbook on the market that can cater for your needs.
Review Minimum Bets
One of the biggest considerations for those using Bitcoin is the minimum betting amount that certain sites require. Due to Bitcoin being such an expensive currency to trade or purchase, with 1 Bitcoin being the equivalent of £993.43 (as of 21st April 2017), finding a Bitcoin sportsbook that provides the opportunity for bettors to wager a small fraction of a Bitcoin is important. While this applies more to Bitcoin casinos as opposed to sportsbooks, you may discover that there are a number of Bitcoin sportsbooks that will have a similar procedure in place. Make sure you know if there are any minimum or maximum bet restrictions before you deposit any funds.
Odds, Bonuses & Rewards
Finding the best odds is important when placing sports bets, and comparing Bitcoin sportsbooks online will provide you with a range of options. Some bettors also like to be rewarded with bonuses and special offers when it comes to placing their bets. To find out if the sportsbooks you’re interested in offer these benefits, you can visit the site directly or read reviews. This will give you a good idea of how much you can get from the site.
Bitcoin and blockchain technology is an exciting revolution in the gaming industry and it is highly likely that we will see Bitcoin sportsbooks take off even more in the coming years. To make the most of this emerging trend, use our top tips to help you find the right sports betting options and get ahead of the game with Bitcoin.
