3 Most Interesting Sports Where You Can Bet with Bitcoin
Posted On 29/07/2018
Do you know that it’s possible to bet on popular sports using not only traditional money but also digital currency and remain absolutely anonymous in the second case? This is just fantastic, especially if you are well versed in popular sports. So you can correctly analyze statistics and predict the correct outcome of the upcoming matches in advance. In this case, you can not just bet on sporting events but also gain huge profits, thereby earn bitcoins. All this became possible due to the use of the latest achievements in digital technologies.
Digital currencies, Bitcoin in particular, have made sports betting process even easier. Crypto-currency payments attract users by their decentralization, anonymity, the absence of large commissions, and transaction speed. No surprise that many betting platforms work with different cryptocurrencies, but the main means of payment in sports betting is Bitcoin. Currently, no less than 1% of the amount of all transactions is carried out with Bitcoin.
What Makes Sports Betting with Bitcoins So Special?
It all started just a couple of years ago, when Bitcoin bets became widely available on numerous bitcoin sports gambling platforms, so millions of passionate sport fans were able to bet on their favorite teams, athletes, or events. In turn, Bitcoin has become an ideal tool for converting sports betting into something more and more accessible to people all over the world, especially in regions with jurisdiction where putting real money on sports events was strictly prohibited and illegal. The most interesting is that with the use of cryptocurrency, not a single law is violated, even though many countries have not yet recognized the BTC currency as legitimate.
However, today there are dozens of portals and platforms providing their users with the opportunity to bet on sports and social events using Bitcoin. Even more exciting is the fact that some of these bookmakers already offer their players the opportunity to use Bitcoins for betting on virtual sports.
Sports to Bet on with Bitcoin
There can be absolutely no doubt that Bitcoin has entrenched in the virtual gambling industry and sports betting as this is the most convenient and effective method of payment that has ever been used. Some praise the unprecedented level of anonymity of this payment system, which was achieved exclusively through the use of Bitcoins. Others are fascinated by instant transfers, which allow sending and receiving funds within just a few minutes or even seconds with no commissions being changed. In any case, if you compare bitcoins with any other cryptocurrency or fiat money, you will always have a big and visible advantage over any of them.
If you are wondering what sports you can bet on with Bitcoin, you will be pleasantly surprised that these can be any of sports you can bet on in general, specifically,
- Cyber sports.
Creating online betting bets on cybersports is probably one of the best opportunities to ensure the highest probability of victory. All thanks to the latest electronic technologies, which are open to everyone. The most advanced Bitcoin gambling platforms and bookmakers are in the process of constantly expanding the choice of their services, where you can now see absolutely new opportunities for betting that are never available before.