Best Binance Coin Sports Betting Sites

Best Binance Coin Betting Sites Reviews

We’re now going to check out the Binance Coin betting sites reviews included in the table.

Overview Of The Best Binance Coin Betting Sites

Should You Use Binance Coin On Betting Sites?

Binance Coin was the first cryptocurrency created by the biggest digital currency exchange in the world, Binance.

Changpeng Zhao and Yi He founded the Binance exchange in 2017 and released Binance Coin within a few months.

While it was initially developed for use on Binance exchange, the coin now has several other uses.

One of these is as a currency on betting websites, where it provides the following advantages and disadvantages:

The Benefits of Using Binance Coin on Betting Sites

• A significant number of betting sites will likely accept Binance Coin sooner rather than later

• Depositing BNB on betting sites could save you money due to the small transaction fees

• Binance’s reputation means BNB is a respected cryptoasset likely to increase in value over time

Using Binance Coin on Betting Sites – The Bad

• Cyberattacks are common on the Binance site, and a successful one would badly damage the coin’s value

• The great discounts associated with Binance Coin are losing value

• You are required to set up an account with Binance to buy Binance Coin

Analyzing the Best Sports Wagering Choices

Those in the know realize that Binance Coin sports betting is highly favored amongst bettors.

As a result, a growing number of betting sites enable you to bet on a wide range of sports and esports using BNB .

Furthermore, there are an extraordinary number of markets to choose from.

Nonetheless, it’s a grave error to register with any BNB betting site without fully understanding the reasons why you are betting in the first place.

This process involves performing research to gain greater awareness of the sports betting markets that interest you.

The following guide informs you about the best-known markets, describing what needs to happen for you to win.

By the end, you’ll hopefully know what markets you prefer to bet on and increase your likelihood of success.

The Moneyline

Backing the winner of an event remains the best-known Binance Coin sports betting market.

You have to choose which team/player you think will win the game.

For example, you can choose the New York Mets to beat the Boston Red Sox in the MLB.

Although it is a simple market to understand, there are some minor differences depending on the sport, as we illustrate below.

Soccer

Soccer’s win market gives you the chance to back the home team, the away team, or the draw.

If you’re looking for higher odds options, the draw is a realistic option since it happens at least 25% of the time in most leagues.

Experienced soccer bettors also know about these two Moneyline variations:

• Draw no Bet: Your bet is successful if the team you select wins the game, and you get your Binance Coin back if it draws.

• Double Chance: You make a profit if the team of your choice wins or draws the game. However, please note that you don’t win any extra money if the team wins.

Basketball/ American Football/ Baseball

In several North American sports, games that finish level are decided in overtime.

Basketball, American football, and baseball are three examples of this happening.

It is rare for Binance Coin betting websites to offer an option to back the ‘tie,’ even though a small percentage of American football games end up with no winner.

Consequently, you win your wager if the team you choose wins the game in overtime.

However, we advise you to ensure that the BNB betting site includes overtime in your original Moneyline bet.

Tennis

Many sports provide a binary win or lose option because there is no possibility of a draw.

For example, the game only ends with one player winning a pre-determined number of sets in tennis.

As a result, there are few Binance Coin sports betting markets as easy to understand as the Moneyline in tennis.

Outright winner

It is normal for each match to be part of a league or tournament.

As the name implies, the outright winner market lets you pick who you think will emerge as the ultimate champion.

This is a great market if you want to win plenty of Binance Coin because there are many longer odds options.

Some BNB betting sites let you mitigate your risk by letting you back your choice each-way.

If you choose this market, you should win Binance Coin if your pick loses the final or perhaps makes the semi-finals.

Over/Under

This well-known market revolves around the total number of scores in a game.

Your mission is to determine whether the event will have more or fewer scores than the ‘line’ set by the sports betting site that accepts Binance Coin .

If you believe the betting site’s line is completely wrong, you can look into the alternative over/under market for higher odds selections.

Obviously, the types of scoring differ depending on the sport.

Let’s suppose that the Binance Coin sports betting site has the line on a game between Barcelona and Real Madrid at over/under 2.5 goals.

You would make a bet on over 2.5 goals if you think the game will have 3+ goals and under 2.5 if you feel it will have 2 or fewer goals.

Alternatively, you could risk money on the over 3.5 goal market if you think a classic soccer match is on the cards.

With the totals market, you don’t care about who wins, only that the game has the right number of scores for you to win.

The next scorer

If you’re looking for a gentle introduction to sports betting, the next scorer market is as basic as it gets.

As the name implies, the idea is to bet on the next individual or team to score next in the match.

For example, you might decide that the Detroit Lions will get the next touchdown or field goal against the Chicago Bears.

Some sports are relatively low-scoring, so you might have to wait for the bet to get settled.

Did you know that approximately 7% of high-level European soccer games have zero goals in matches despite the teams playing for over 90 minutes?

For that reason, you should look into high-scoring sports such as basketball or tennis if you’re seeking fast action when you bet.

Most sports betting sites that accept Binance Coin let you wager on each basket or point in a match.

With an immense number of scoring plays per match, there are plenty of occasions where your bet is settled within seconds.

Handicaps

Most sporting events have a clear favorite, so betting websites must adjust accordingly.

Sometimes, the favorite’s odds are so unappealing that it isn’t worth betting on.

Fortunately, it is possible to choose handicap sports betting, an innovative way to make apparent mismatches more interesting.

Binance Coin betting websites place the favorite at a disadvantage, and your goal is to conclude whether it can win with a handicap or not.

Suppose the Milwaukee Bucks are favored to beat the Chicago Bulls; a betting website might start them off with a -10.5 handicap.

The above handicap means that the Bucks have to win by a minimum of 11 points should you choose to bet on them.

Alternatively, you can wager on the Bulls with a +10.5 handicap and win Binance Coin if they win the match or lose by a maximum of 10 points.

Asian handicap

If you’re looking for something a little more interesting, this Binance Coin sports betting market of Asian origin is worth consideration.

It is slightly more complicated than its standard counterpart, but it can give bettors an edge when used correctly.

This is why pro gamblers prefer the Asian handicap market over the conventional version.

Using a game between Manchester City and Everton as our example, let’s investigate a few Asian handicap markets:

• Man City (0): You win if Man City wins the game, lose if they lose, and get your money back if they draw.

• Man City (-0.25): You win if City wins, lose your money if they lose the game, and get half your Binance Coin back if they draw.

• Man City (-0.5): You lose your full stake if City draws or loses and only win if the Citizens win the game.

• Man City (-0.75): You need City to win by two clear goals to win the bet. A draw or loss results in a lost bet, while a one-goal win means you get a ‘half win.’ If the profit for a 2+ goal win is $10, for example, a one-goal win earns you a $5 profit.

• Man City (-1): You get your money back if City wins by a goal, win if they defeat Everton by 2+ goals, and lose if the Citizens lose or draw.

The Binance Coin sports betting website’s Asian handicap markets also allow you to bet on Everton if you believe they will have a good day.

For instance, betting on Everton with the +1 Asian handicap means you win if the Toffees avoid defeat and get your money back if they lose by a single goal.

Bettors operating from a strict bankroll should consider these markets because there’s a security blanket of sorts in the form of returned stakes.

With the Asian handicap market, betting is no longer a binary ‘win or lose’ scenario.

Half/quarter/period markets

Most sports events are divided into sections, giving you further betting opportunities.

Suppose your research reveals that a specific team is a strong finisher.

You can see the half-time score and consider your options if you have the time.

Now, you can judge whether you should bet on the team of interest scoring heavily or winning the match.

By taking a detailed look into the capacity of a team to either start or finish fast, you could take your betting to the next level.

Individual performance

Even in team sports, you have the chance to bet on selected players’ performance.

It is the ideal market if you know that a certain player is in the form of their life and want to earn BNB during this hot streak.

Please note that the relevant sport dictates whether the market will involve baskets, goals, or points.

Team performance

Apart from the general match markets, you can also back teams to perform well or poorly on the day.

The fact that your bet can win regardless of the outcome is a significant advantage.

Even if the team you select ends up losing, you can still win Binance Coin if you make the right call.

Final score

Depending on the Binance Coin sports betting site and the sport, you could have the opportunity to use the correct score market.

You need to predict the exact scoreline in a match to win.

Tennis is one of the easier sports to predict since there are only a limited number of potential scorelines.

Let’s say you guess the score of a best of three-set match; you only need to choose between one of the following outcomes: 0-2, 1-2, 2-0, 2-1.

It is far harder to predict the final score in a soccer match due to the immense number of potential outcomes.

Without detailed research, there is little hope of achieving success.

As difficult as it is to win on the correct score market, at least you’ll find that sports betting sites that accept BNB often offer generous odds.

Live Betting

Setting aside time to watch a match live could help you make money.

As long as you can make sensible decisions quickly, the in-play sports betting markets offered by Binance Coin betting sites give you plenty of chances to win.

Bettors reluctant to commit to a bet pre-match can see how things are going to discover if their initial assumptions are confirmed.

Professional gamblers often only need to see a few minutes of a match to know the best bet.

Also, specific markets are almost guaranteed to provide better value odds as the game proceeds.

Futures Betting

Ante-post betting revolves around sports events set to take place at least 24 hours later.

However, the futures markets offered by BNB betting sites generally involve events a few months away.

When performed correctly, this form of betting can guarantee value odds when the price on the selection falls as the event approaches.

Ultimately though, there’s a chance that the price gets even longer, meaning your original selection is no longer a value bet.

Also, check the terms and conditions of the Binance Coin sports betting website you place your ante-post wager with.

There’s a possibility that your wager isn’t void should your selection pull out of the event.

Imagine you confidently back clay court king, Rafael Nadal, to once again win the French Open.

However, Nadal gets injured before the event and can’t play.

Believe it or not, some BNB sports betting websites will keep your Binance Coin.

Ultimately, any time you risk Binance Coin on an event well in advance of it beginning, you are placing an ante-post bet.

Everything You Need to Know About Wagering Odds

Even though it’s important to become an expert in sports markets, this is not your only concern.

Winning in the long term is effectively impossible without knowing how wagering odds work.

It doesn’t matter how much research you perform into sports markets; success will elude you if you take the wrong odds.

Although the edge enjoyed by BNB sports betting sites varies according to the market you bet on, you can expect it to range from at least 3% to over 30%.

Your ultimate goal is to discover ‘mistakes’ in the odds occasionally made by sports betting websites.

Value Betting

Value betting aims to discover a bookmaker error in a market.

For instance, your research shows a 30% likelihood of Manchester United defeating Arsenal in the English Premier League.

Does that represent value odds if the Binance Coin betting site offers decimal odds of 2.50 for a United victory?

No! 100/2.50 means the betting company believes there’s a 40% likelihood of a United win.

The challenge is to perform enough research into an event to determine the real chance of a specific outcome.

Through this process, you can create what’s called a ‘betting tissue,’ which in effect turns you into a bookmaker!

What’s a betting tissue? It is a method of creating your own odds.

Of course, you can’t even begin this process until you learn more about the different sports sports betting odds formats.

Calculating betting odds is a learned skill, so we’re providing information on three of the best-known types.

American odds

In the United States, BNB betting sites that offer American odds have a minus or plus sign before a number.

The sign’s purpose is to inform you whether your profit in Binance Coin is larger or smaller than your bet size.

The minus sign (-) denotes a short odds bet, meaning the overall profit is lower than what you risk.

If the sign is plus (+), it means a longer odds bet where the profit is greater than the amount you bet.

Below, we’ve compiled some examples of American odds, complete with information on how much you can win from different sized bets.

• +110: A $100 bet means a possible payout of $210, and a profit of $110

• +150: A $100 bet means a potential win of $250, for a $150 profit

• +300: sports betting $100 means you could win $400 and enjoy a $300 profit

• -110: sports betting $100 results in a $190.91, and a $90.91 profit

• -150: A $100 bet means you would win $166.67 and earn a profit of $66.67

• -300: If you bet $100 at these odds, your return is $133.33 if you win, meaning a profit of $33.33

Decimal odds

European players are more familiar with decimal odds, which is the easiest format to calculate and understand.

To calculate your possible returns, multiply the size of your bet in Binance Coin by the odds.

Imagine England’s price to beat Sweden is 1.6, and you bet $200; multiply 1.6 x 200 for a total of 320.

An English victory means you enjoy a $120 profit as 320 – 200 = 120.

By dividing the odds into 100, you can quickly determine the percentage likelihood of a selection winning.

In our example, 100/1.6 = 62.5; so, the BNB betting site thinks there’s a 62.5% possibility of an England victory.

Fractional odds

In the UK and the Republic of Ireland, fractional odds remain among the most popular betting formats.

This odds format features a slash between two numbers.

For example, betting on any sports market at 6/1 odds means that your return is $7 for every $1 risked.

As a result, betting $10 worth of Binance Coin at these odds means a profit of $60 if you win.

The number on the left represents the total profit if you wager the equivalent of the number on the right.

Suppose you believe the Buffalo Bills can beat the Kansas City Chiefs at odds of 7/2; a winning bet means your profit is $7 for every $2 you risk.

Don’t forget to add the BNB you risked to calculate your total payout!

Most Binance Coin betting sites will allow you to change the odds format, so experiment to see which one you like the most.