How to Use Bitcoin for Sports Betting

Sports betting has become a multi-billion dollar industry and it’s only going to get bigger. Thanks to companies like Bitcoin who provide the tools for sportsbetting to be conducted securely and with ease. In this blog post, you’ll learn about the various ways you can use Bitcoin for sports betting. If you’re new to Bitcoin or simply want to learn more, continue reading.

Bitcoin For Money Betting

One of the first mainstream sportsbooks to integrate Bitcoin was Bitcoin Sportsbook, which launched in 2014. The company offers traditional American sports such as basketball, baseball and football as well as the popular Canadian football. In addition, they provide all the usual odds and betting structures for the major sports leagues. Bitcoin Sportsbook is owned and operated by MyBookie, one of the largest sportsbook companies in the world. They’re also quite famous for their live betting which is allowed at virtually all USA sportsbooks, including the ones owned by MyBookie.

Another option is Blockchain Dermoid, which also offers a variety of sports including football, hockey, NASCAR, and more. The site is operated by Perfect Bet, a well-known and established company in the sports betting industry. Their software is completely free and they offer a fantastic user experience. Plus, all transactions made through their platform are final and can’t be reversed. If you’re looking for a safe and secure way to wager on sports, you can’t miss out on Perfect Bet.

Bitcoin For Games Betting

Sportsbooks aren’t the only ones who accept Bitcoin for betting. Blockchain technology also allows for all sorts of betting scenarios to be handled securely and with ease. One of the most popular uses of Bitcoin for gaming are the platforms that specialize in billeting players into online games. These platforms usually have large communities of people who enjoy playing particular games, attending sporting events, and/or betting on sporting events. One such example is CryptoKitties, which is a platform that lets users buy, sell, and breed cryptocurrencies, including Bitcoin. They also have an inhouse gaming engine that ensures fair gameplay and fast transactions.

Because these platforms offer such a wide variety of games, they’re usually the go-to source for people who want to bet on the outcome of games they’re playing. Some of the more popular games on CryptoKitties include; 

  • Catch me my kittens
  • Mountain Goat Sports
  • Pimp my ride
  • Matching Colors
  • Penny A Pop

These games let users bet on the outcome of sporting events or the rise (or fall) of an esports team. The platform also offers people the ability to bet on the popularity of certain songs or artists.

Bitcoin For Casino/Roulette Betting

If you’re looking for a safe and secure place to play casino games, you can’t beat Bitcoin. There are numerous online casinos and roulette websites that accept Bitcoin as a form of payment, resulting in a wide array of games and betting options. If you want to play casino games but don’t have the funds available in traditional ways, you can use Bitcoin.

BTC Lucky Player is a good example of a Bitcoin-only casino that specializes in slot games and also offers roulette, blackjack, and baccarat. What makes this casino stand out is that they only accept Bitcoin and do not offer any kind of currency option for their players. With BTC Lucky Player, you won’t find any types of fees or any other sorts of nasty surprises when playing with Bitcoin. Your casino earnings are safely stored in your own Bitcoin wallet, which you can access at any time and from anywhere.

To play at BTC Lucky Player, you must create an account. Once you’ve done that, you’re free to browse through their wide array of casino games. Or, if you’re more of a roulette fan, you can also place bets and check winning combinations using Bitcoin. To end this article, we need to mention that all of the casinos and betting websites mentioned here are reputable businesses. They ensure fairness in gameplay and protect your private information. So, if you want to enjoy your time playing games and making bets, feel free to do so using one of these trusted sites.