5 Best Crypto Sports Betting Sites

Crypto sports betting is an entertainment form where users bet upon their favourite sporting event and sports team via cryptocurrency. Over the years, crypto betting has become quite famous, and a lot of it is because of how the currency is and the features it provides to its users. With the help of this article, we will look over the best crypto sports betting sites and provide our users with information about them.

What’s So Special About Crypto Sport Betting Sites?

Sports betting crypto platforms are online gambling platforms where individuals can bet on their favourite sports team, player, or tournament using their favourite cryptocurrency. Crypto sports betting sites have become popular due to the features they offer users compared to traditional platforms. 

These cryptocurrency technologies offer many advantages, including privacy, speed, enhanced security, and accessibility. So, without wasting any more time, let us understand what makes these crypto sports betting sites so popular. 

For starters, the enhanced privacy and anonymity features come with the casino. So, the traditional casino platforms take the information from all the users who want to access their accounts by completing the verification process. In contrast, the crypto betting sites do not do the same, and they let the users play by only taking the crypto wallet from the user and their email address. 

Hence, the anonymity feature is highly rated, and the individuals keep these activities private. The next thing with these crypto sports betting platforms is the technology they work upon. They give the individuals security and transparency. So, all the transactions on the blockchain are also recorded on the decentralised ledger, making it impossible to tamper with the data. 

The level of security present on these platforms protects the users’ personal and private information and keeps them safe. They also add transparency to the blockchain, verifying all the transactions so the individuals can experience fair play. 

All crypto transactions on these crypto betting platforms come at a lower fee than those on traditional casino sites. Traditional sites may charge individuals a higher fee for every withdrawal and deposit that is made on their platforms. 

However, crypto sports betting sites are low-cost. They also allow users to make cross-border transactions, making those transactions even more cost-effective. This is also highly beneficial for frequent bettors because it will save them money. 

The transaction speed is also faster, and it gives the crypto sports betting sites a critical advantage. The traditional casino platforms may take several days to process the transactions whereas the crypto transactions happen in an instant and because of that individuals can put their funds in without any hesitation. Especially when it comes to withdrawal, cryptocurrency users would not have to wait long as the money would be credited into their accounts instantly. 

Cryptocurrencies are not limited to any geographical limitation, and there are no currency exchange rates applied to them. So, bettors from any area of the world can take part in these without having to convert their currency if they want to gamble in a different location or think of any limitations put out by the bank. Because of this feature, a lot more people can bet on the market. 

The betting options are also innovative. Most likely, users get the chance to participate in decentralised betting pools, smart contract-based wagers, and peer-to-peer betting. Because of these options, individuals can get greater odds and flexible betting terms and they can further make their bets without having to involve a middleman. 

Specific promotions and bonuses are also offered to attract more users to the casino platform. These bonuses include cashback offers, free spins, welcome bonuses, and many others. 

These crypto sports betting sites allow individuals to deep-dive into their favourite sport and bet on their chosen players. These casinos offer many options when it comes to sporting events. They also allow bettors to bet on various sports that they might not be that knowledgeable about with the help of lucrative promotions. 

These crypto sports betting sites also help create strong communities. They have active forums and various customer support channels in which individuals can give tips, interact with each other, and discuss the various betting strategies. Hence, this sense of community can improve the individual’s overall experience. 

Crypto sports betting sites are great for all uses, and the number of features that they bring to the table alongside their blockchain technology is one of the reasons why users prefer this over the normal form of gambling: improved security, enhanced anonymity and privacy, faster transactions, lower transactions, global accessibility, and many other things. 

Hence, cryptocurrency casino platforms keep on growing, and in the future, they are expected to become more popular, which is no surprise. 

Advantages of Crypto Sports Betting Sites

These crypto sports betting sites have several advantages, which we will discuss below. 

• Rarely Geo-restricted: The first thing is the platforms do not have any restrictions regarding gambling on it globally. These websites work on a global level, which allows the players to gamble from whichever country they want without facing any restrictions. 
• Fast Deposits and Withdrawals: Another feature that attracts many individuals to these platforms is that they provide instantaneous deposits and withdrawals for users. These transactions are done quickly, giving the players a chance to view their funds without any delays.
• Low Fees: When comparing the crypto betting platform with the traditional casino platform, there is also the transaction fee that is applied to these transactions on the casino platform. They are cost-effective, and because of that, individuals can do regular transactions. 
• Higher Limits: Crypto sports betting sites also allow individuals to make larger deposits, and their withdrawal limit is also higher than that of an average casino platform. They cater to the needs of high rollers and regular bettors who want to spend more money. 
• Cryptos’ Value Can Go Up: Cryptocurrencies are volatile, meaning their price can change significantly over time. So, if the price goes up over the years, the players may walk away with hefty sums.

How To Find The Best Crypto Betting Sites

Now, when looking for the right sports betting crypto platform, users might have to observe many individual things to make the right choice. 

• Credibility: This comes down to an individual’s research and what they try to find out about an existing casino platform. All players need to learn about how the platform has faired in the industry and read over the reviews left by other individuals who have used the casino platform before. For further credibility, players can check what licenses the platform holds and ensure they are working properly. Individuals can also look for platforms that offer users transparency regarding management or operations. 
• Deposits & withdrawals: Many platforms like to focus on the speed of the transactions done on these platforms. This depends on the speed of withdrawals because all deposits usually come at a similar rate. When players get to this stage of gambling, it is best to confirm all the different types of cryptocurrencies the platform is offering, and with that, players can choose the best option for them. Individuals can also look out for any fee attached to their transactions to double-check if it is genuine. 
• Variety & quality of what’s on offer: All users should also look out for what the individual casino platform offers to the users in terms of different sports options and events they can bet upon. Sports is one thing that runs all year round, and various tournaments keep coming in. Users can bet on multiple competitive odds and different betting options. For extra reference, users can look out for streaming services, live betting features and in-play markets. 
• Rewards and bonuses: Promotions and bonuses are an integral feature of the sports betting crypto industry, and they allow users to make more money by playing these games. Now, there are various types of promotions available on these platforms, and the go-to for every player is the welcome bonus, free spins, and reload bonus. Users can try to compare all the various casino platforms and their bonuses and then go for the one that offers them the highest rewards. However, at the same time, they should also check the casino platforms for some wagering requirements because they come with these bonuses. There might also be some withdrawal limits on these promotions; hence, these factors can assist an individual in making any decision. Players can also look out for the casino’s loyalty programs, as regular promotions exist. 
• Customer service: All individuals must understand the availability and the quality of the crypto sports betting platforms’ customer support. When it comes to crypto betting platforms, many users will run into some kind of trouble over time and then require the casino platforms to help solve their problems. For that, various communication channels should be set up, including email, live chat and phone support. Depending on the individual’s urgency, they can use the platform. Players can head over to a website to learn more about a platform’s customer service towards their users and check the reviews. There is no better proof than reading the reviews left by people who have already used a service.

Most Popular Sports on Crypto Sports Betting Sites

As mentioned above, various sporting options are available on these crypto sports betting sites, which gives individuals an opportunity to choose from a wide variety of options. However, today, we will only discuss the top sports options that most bettors bet upon. So, without further ado, let’s talk about these popular sports options available to bet on a sports betting crypto platform. 

• Ice Hockey: This game is very popular in regions of Northern America and even draws attention to places in Europe. Individuals can bet upon various ice hockey events, which include the IIHF World Championship, the IHL, which is the National Hockey League, and the Stanley Cup Playoffs. 
• Soccer (Football): This is probably one of the most famous sports in the world and majority of the people are invested in it. Soccer goes around the year as there are different leagues in all parts of the world that run through and it includes tournaments like the FIFA World Cup where different nations compete and the biggest club tournament is the UEFA Champions League. These are just to name a few tournaments where individuals can bet upon. Apart from this is the different 
• American Football: This sport is quite popular in the United States. Because of the demographic, the real sport of football is termed soccer so that individuals of the United States do not get it mixed with soccer. The top events to bet upon include the NFL regular season and the Playoffs. One of the biggest tournaments also comes in this sport, and that is the Super Bowl.
• Basketball: This game is followed globally, and hence, it attracts many users’ bets. The top events to bet upon include the NBA finals and the Euro League. 
• Baseball: This sport is very much loved in the United States and Japan, and these games help users enjoy a long season and variant betting opportunities. The tournaments to bet on include the Major League Baseball World Series and the College World Series. 
• Tennis: This game also offers users year-round events and gives them an opportunity to bet on different tournaments. There are many tournaments, and then there are grand slam tournaments, which include the US Open, Australian Open, Wimbledon, and French Open. 
• Horse Racing: This is one of the sports options that betting first came from. Horse racing is famous worldwide and is quite known for users placing their bets. Some noticeable events include the Kentucky Derby and Royal Ascot leagues. 
• Formula 1: This is another sport that has a dedicated following where users place their bets on various kinds of races, drivers, and constructors. The notable events to bet upon include the British Grand Prix, the Monaco Grand Prix, and the Abu Dhabi Grand Prix. 
• eSports: The online crypto gambling world has evolved over the years, and now there are options for betting on various eSport tournaments and players. The different tournaments include Dota 2, CS Major Championships, Fortnite World Cup, etc.

Most Common Bet Types

After discussing the different types of sporting events that are available on these crypto betting platforms for users to gamble upon, it is time to learn what kind of bets are most popular in these game types. Some of the available bets include prop bets, parlays, moneylines, and handicaps. Let us learn about these bets a bit more. 

• Moneyline: So they are considered one of the most straightforward kinds of bets in which individuals can select the winner very quickly. In this, there is a spreading of points involved; hence, either the player or team chosen by the individual should win for the bet to be successful. The odds of this type of bet are positive and negative. So if team A is at -150 while team B is at +130, then players would have to bet $150 on team A if they want to win $100, whereas team B would have to bet $100 to get $130 if they win. 
• Handicaps: This bet is also referred to as the spread betting and the goal of that is to level the playing field when two individuals are betting against each other. The bookmaker gives a handicap to both the teams and that is either some number or goals. Whichever team is favourite to win, they should do so more than the handicap if they want the payout to be higher. While the underdog bet can be won outright. If team A is -3.5 handicap then they need to win by four or higher points for their bet to succeed. While team B is with a +3.5 handicap then they require three or lesser points for winning outright.
• Prop Bets: They are called the proposition bets and are called prop bets. In these the players wage upon various outcomes and events that happen within a game and that are not related to the final result of the game. So these bets can possibly be on anything from one individual player to score in a match to what time a team scores a goal in. Then there are various other options like first team to score a goal, more teams to commit a foul, in some casino platforms there are even some bets like the length of the national anthem before the game.
• Parlay: This bet type in crypto betting is also referred to as combo bet or accumulator bet. The combination of various bets come into a single bet. If users want the parlay to win then all of their individual bets need to be successful. The parlay betting gives the users a chance to get higher payouts because of all the combined odds they offer to the users. In this scenario however the risk is higher since if the users end up failing their bets then they will lose the whole parlay. So a parlay may consist of three games that includes, team a for win, team b will cover the spread and all the points in game c will cover the amount. Hence all three of the outcomes should plan out as made by the player for them to succeed.

Different Odds Formats

There are different odds formats when it comes to bets in crypto sports betting sites and these different odds have different meanings to it. After gaining knowledge about the various forms of bets that are available on these crypto sports betting sites now it is time to learn about the various odds. Popularly they are American odds, fractional odds and decimal odds. Let us see what they stand for.

• American Odds: These odds are also referred to as the moneyline odds in the crypto betting scene. They are shown to the people as the positive and negative numbers. Hence the positive odds show how much profit all users can make if they tend to put out a certain bet something like $100. Then there are certain negative odds on there that show users how much money is required for them to get to $100. So in general a +200 in a bet shows that players will get $200 when they make a bet of $100 and a -150 means that users would have to bet $150 if they want to win $100.
• Decimal Odds: These odds are very common in certain countries, Australia, Canada, Europe and the decimal odds are easy to understand and also quite straightforward. The odds that come on these show the payout of the individuals and they also contain the original amount that is put up for stake on every unit bet. So for example if we say that there is a decimal odd that says 2.50 then it would mean that every $1 a person bets the their total payout would some up to be $2.50 if they are successful with their bet. Hence this consists of their initial stake.
• Fractional Odds: This right here is the last form of odds available to be seen on these crypto sports betting platforms and they are very popular in Ireland and the United Kingdom. So basically the fractional odds come out as a fraction that means 2/5 or 5/1. The fraction stands for the profit that is equivalent to the stake. So for example there is a 5/1 odd then that means that every $5 the players bet they will make $1 from it. Apart from that they are also getting their initial stake back to them with the prize. So overall 2/5 odds would mean that the players will get $2 in profit with every $5 they bet.