Cryptocurrencies have become the new trend and are gaining the attention of new and young investors. With the beginning of bitcoin, it has become the ‘big thing’ in businesses and gambling. The stock market experts, financial analysts, bankers, and traders have been little cynical about the bitcoin. But with changing time, people have understood that cryptocurrency might be the need of the hour and a good substitute. Some people also believe that it is the wave of the future.
Cryptocurrency is the digital currency used to do trading and betting and earn huge profits from it. Every banker, business, scientist, trader, and organization understand cryptocurrency and is trying to accept it. Let us first gain knowledge about bitcoin.
What is bitcoin, and what are the reasons for its popularity?
Bitcoin is a virtual currency that is used to perform virtual transactions through platforms like Crypto Genius. Bitcoin uses the blockchain technology to verify the transactions. These are the independent currencies that are neither governed nor controlled by any central authority or financial institution. This currency is virtual and is entirely digital; therefore, it can’t be forged or printed.
The reason behind the increasing popularity of bitcoin and other cryptocurrencies is that these are accessible, feasible, and acceptable in the market.
What is Bitcoin Gambling?
Bitcoin gambling involves using bitcoins to make bets on gambling games, sports betting, spread betting, casino games, and online lotteries. The anonymity and speed of bitcoin make them ideal for users searching for safe transactions in sports betting. With the increasing demand and popularity of bitcoins in 2020, most websites have started accepting bitcoins as payment methods.
There is the exponential growth of the gambling industry, and also the bitcoins have proved that this is the most used digital currency on platforms.
Top bitcoin sports betting sites:
Let us know some fantastic bitcoin sports betting sites which are:
Stake
The most popular option for bitcoin sports betting is a stake because of some of the reasons like the wide range of sports they offer and the fantastic user-friendly interface. This site does not provide a welcome bonus to new players or bettors, but this site is the most liberal bitcoin sportsbook for cashback, rewards, and VIP perks. It is entirely to easy to register on websites, and users can make instant withdrawals. There are lots of esports and sports available, and social betting is also allowed.
1xBit
This site was launched in 2016 and is considered the high-rated bitcoin sportsbooks because of widespread languages, promotions, and games. This is the best bitcoin betting site that accepts deposits of over 20 cryptocurrencies. There is a wide range of casino games available on this site, and the site doesn’t ask for any personal data.
SportsBet
A great bitcoin sports betting site that accepts many cryptocurrencies along with bitcoin. This site has a significant error: it doesn’t allow Estonia punters, Australian, and the US to bet. This is a legal website that offers the best user experience and offers esports betting and water polo. The payment methods accepted by SportsBet are MuchBetter, Paysafecard, Visa, Ecopayz, Mastercard, and more. The major drawback of this site is that it is restricted in many countries.
BetOnline
A bitcoin sports betting site accessible across the world is not restricted in any of the countries. This site was launched in 2004 and made its reputation by being the best bitcoin sports betting site that offers high security to users. It offers live betting and a lot of sports. The users are allowed to deposit their funds with different cryptocurrencies. The best thing about this site is that it offers high bonuses when sports betting with bitcoin.
The BetOnline offers excellent customer service support 24/7 and is proven to provide customers with high-security.
FortuneJack
FortuneJack is one of the high-rated cryptocurrency sites because of the wide range of games, bonuses, and support services. It was launched in 2014, and since then, it is providing users high security and better user experience. It is relatively easy to set up an account on FortuneJack, and many currencies are accepted on it. The transaction speed of this site is relatively fast and also provides a 24/7 customer support service.