Best Binance Coin Bookmakers

Top-Rated Binance Coin Bookmakers Reviews

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Binance Coin: Is Using it on Bookmakers a Smart Move?

Binance Coin powers the ecosystem of Binance, which is the world’s largest cryptoasset exchange.

Yi He and Changpeng Zhao founded the company in 2017 and launched Binance Coin in June of that year.

You can still use Binance Coin to help reduce trading fees on the exchange, but there are other reasons to use it.

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

Using Binance Coin on Bookmakers – The Good

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

• Depositing Binance Coin on bookmakers could save you money due to the small transaction fees

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

Cons of using Binance Coin on Bookmakers

• Hackers target the Binance website regularly, which negatively affects Binance Coin’s value

• Binance Coin’s once generous discounts have diminished in recent times

• You must register with the Binance exchange to purchase Binance Coin

The Best Sports Playing Options

Binance Coin sports playing is incredibly popular these days.

This is why an impressive number of bookmaker companies now let you use Binance Coin to play on a significant volume of sports and esports.

If that isn’t enough, there’s a breathtaking number of markets.

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

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

This detailed guide discusses numerous popular markets and illustrates how you can win.

When you’ve finished reading, you should have an idea of the markets you’d like to play on, knowledge that should help boost your bottom line.

The Moneyline

The most popular BNB sports playing market is backing a team or player to win.

All you have to do is select the team/player you think will win the match.

For example, you can pick the Boston Celtics to beat the Los Angeles Lakers in the NBA.

As simple as the Moneyline market is, not every sport offers the same options, as we describe below.

Soccer

In soccer, the Moneyline offers three choices: Home win, away win, or the draw.

Since draws happen in up to 30% of professional games depending on the league, it is a worthwhile option available at reasonable odds.

Experienced soccer bettors also know about these two Moneyline variations:

• Draw no Bet: If your team wins, you win BNB, and your stake is returned if the game ends in a draw.

• Double Chance: As long as your team doesn’t lose, you win the bet. Unfortunately, there’s no bonus if the team wins.

Basketball/ American Football/ Baseball

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

This is the situation in American football, baseball, and basketball.

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

As a result, you should win your play as long as your selection triumphs after overtime.

Despite this fact, it is wise to check the market offered by the bookmaker accepting BNB to ensure it counts overtime wins.

Tennis

It is impossible for a draw to be the outcome in certain sports.

Tennis is one of the best examples because a game can’t end until one player wins the requisite number of sets.

Therefore, this particular Binance Coin sports playing market is as straightforward as it gets.

Outright winner

In virtually every sport, each match is part of a bigger tournament.

You have to choose who you think will be left standing at the end in the outright winner market.

It represents an opportunity to win a substantial amount of Binance Coin as most selections are available at relatively long odds.

Some Binance Coin bookmakers 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 or 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 Binance Coin bookmaker.

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

There are different scoring methods depending on the sport, and this affects the over/under line.

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

If you’re anticipating a free-flowing game with at least 3 goals, you could play on over 2.5 goals or back under 2.5 goals if you think there will be 2 or fewer goals.

However, if you believe the game will be quite open, you could look for an over 3.5 goal market and win if there are 4+ goals.

The beauty of this play is that it doesn’t matter which team/player wins, as your only concern is the level of scoring in the event.

Next score

This is one of the easiest playing markets to understand and is ideal for beginners.

All you have to do is make a play on whichever team or player you think will get the game’s next score.

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 play to get settled.

Believe it or not, about 1-in-14 professional soccer games end scoreless after 90 minutes of play.

As a result, if you want the chance to place lots of quickly settled plays, look at sports such as tennis and basketball.

The majority of bookies accepting Binance Coin permit players to play on a basketball game’s next basket or a tennis game’s next point.

You know whether your play has won or lost seconds after placing it in many cases.

Spread betting

Most sporting events have a clear favorite, so bookmaker companies must adjust accordingly.

They react by ensuring the odds on the favorite as so tight that most players won’t place a play.

Thankfully, you can fall back on the spread to get better odds for your play.

Binance Coin bookies will give the stronger team a theoretical deficit in the match, and you have to decide whether it can overcome it.

Let’s say that the Milwaukee Bucks are strong favorites to beat the Chicago Bulls and have 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.

Conversely, if the Bulls are +10.5 and you play on them to win with the handicap, you earn BNB if they lose by 10 points or less.

Asian handicap

If you’re looking for something a little more interesting, this Binance Coin sports playing 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.

Unsurprisingly then, professional bettors gravitate towards the Asian handicap market.

Keep reading for an explanation of selected Asian handicap markets using an English Premier League game between Manchester City and Everton:

• Man City (0): A draw means you receive your money back, a win for City means your bet wins, and a loss for City results in you losing your full stake.

• Man City (-0.25): As with a ‘straight bet,’ you need City to win to earn Binance Coin and lose your stake if they lose. However, you get half your money back if the match finishes in a draw.

• Man City (-0.5): The only way to win money is with a Manchester City victory. Otherwise, you lose 100% of your bet.

• Man City (-0.75): If City wins by exactly one goal, you earn half the full profit, while a 2+ goal win ensures you win the bet. If a big City win means a $50 profit for you, a one-goal win means a profit of $25. A draw or loss for the Citizens means you lose your money.

• Man City (-1): City must win by at least two goals for you to profit. Otherwise, your money is returned with a single goal City win, and your bet fails if City loses or draws.

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

For example, backing Everton at +0.5 on the Asian handicap market means you win if the Toffees draw or win the match.

Check out these markets if you take your gambling seriously and want to make your money last longer.

The Asian handicap market shows that playing isn’t necessarily a zero-sum ‘must-win or lose’ pastime.

Half/Quarter Markets

There are relatively few sports where play is continuous, meaning you can benefit from extra playing markets.

Let’s say you know that a certain team is strong in the second half of matches.

You can wait patiently until halftime to see how the game develops.

Now, you can play on the team of your choice winning at this stage if the odds are right.

It is worth performing additional research to see if any particular team/player shows strengths or weaknesses at certain periods of matches.

Player performance

Regardless of the team sport, you get the opportunity to play on various player props.

Players have hot streaks, and if you can identify this uptick in performance early, you could win BNB.

Depending on the sport you choose, this market can relate to goals, points, or baskets.

Team performance

If you believe a certain team will perform especially well or badly in a game, you can avail of several markets.

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

A team can perform relatively well, help you win Binance Coin but still lose the match.

Final score

Some bookies accepting BNB allow you to avail of the correct score market in specific sports.

Winning involves accurately predicting the event’s final score.

It is easier to do this in tennis due to the lack of scoreline combinations.

Suppose you play on a best of three sets match; there are just four possible scores: 2-0, 2-1, 0-2, and 1-2.

It is more challenging to guess the right score in a soccer game because there are dozens, if not hundreds, of possibilities.

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

On the plus, Binance Coin bookmakers tend to provide decent odds for the correct score market, so any win is a worthwhile one.

In-play Playing

If you have the opportunity, taking time to watch a match unfold could prove lucrative.

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

Suppose you feel that a team will play well but aren’t 100% sure; witnessing a game in-play gives you enough information to decide whether to make a play.

If you’re an expert in any given sport, you might know the likely outcome shortly after the game begins.

In addition, there are in-play markets that offer improved odds the longer the game goes on, depending on the state of play.

Ante-post Playing

Ante-post playing technically relates to any market where the event isn’t due to begin for at least another day.

In reality, Binance Coin bookmakers offer markets for sports events that don’t even begin for several months!

Experts in this form of playing aim to get long odds on an outcome in the belief that the price will drop before the event.

Unfortunately, it doesn’t always work out that way, and you may find that the odds drift.

Furthermore, it is essential to read the T’s and C’s of the Binance Coin bookie when placing your ante-post play.

Some sites refuse to refund your money if your selection isn’t involved in the event.

Suppose you back the legendary Rafael Nadal to add to his long list of French Open titles.

Then, he withdraws from the tournament due to injury.

In this unfortunate circumstance, some BNB bookies will hold onto your Binance Coin even though you had no chance to win.

An ante-post play means you stake Binance Coin on the winner of an event before it begins.

Understanding Playing odds

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

If you don’t also understand what playing odds mean, you have no chance of making a long-term profit.

All the research in the world can’t make up for choosing poor value odds relatively often.

Although the edge enjoyed by bookmaker websites with Binance Coin varies according to the market you play on, you can expect it to range from at least 3% to over 30%.

You must aim to consistently find occasions where the bookmaker’s odds aren’t a fair reflection of the likelihood of an event happening.

Value Playing

Value playing experts forensically examine each market to discover that elusive edge.

For instance, let’s say you think Manchester United has a 30% chance of beating Arsenal.

Suppose the odds of a United win are 2.50 on most bookmaker websites that accept BNB . Should you make a play?

No! 100/2.50 means the bookmaker 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.

Nonetheless, it is a mistake to attempt this process before learning about the various forms of sports playing odds.

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

American odds

If you live in the U.S. and register with any Binance Coin bookie, it’s likely to offer American odds, which feature a number preceded by a plus or minus sign.

This sign indicates whether your profit will be more or less than the amount of BNB you play.

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

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

Keep reading for some American odds examples outlining the potential returns and profit according to play size.

• +110: playing $100 and winning at these odds means a total return of $210

• +150: By playing at these odds, a win will yield a profit of $150

• +300: Back any outcome at these odds with a $100 play, and your total returns will be $400 if successful

• -110: If you play at this price, your overall profit with a win is $90.91

• -150: play $100 at these odds and win, and you benefit from a return of $166.67

• -300: If you play $100 and your selection is successful, you benefit from a return of $133.33

Decimal odds

In Europe, decimal odds, the simplest form to understand, is the most common format.

To calculate your possible returns, multiply the size of your play in BNB by the odds.

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

If England wins, you get $320, meaning a profit of $120 (320 – 200).

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

In the England versus Sweden game, the bookmaker website that accepts Binance Coin believes that the former’s chance of victory is 62.5% because 100/1.6 = 62.5.

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, if you play on an outcome at odds of 6/1, you receive $7 back for every $1 you risk.

As a result, playing $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 play the equivalent of the number on the right.

For instance, if the New Orleans Saints are 14/5 to beat the Los Angeles Rams, you will make a profit of $14 for every $5 you play if successful.

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

If you don’t like a particular odds format, the BNB bookie website you use should let you switch to another one.