Best Binance Coin Sportsbooks

Binance Coin Sportsbooks Reviews You Can Trust

Let’s analyze the Binance Coin sportsbooks reviews of the brands mentioned in the table.

Should You Use Binance Coin On Sportsbooks?

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

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.

For example, you can try to deposit using it on sportsbooks, so let’s find out if that’s a good idea.

The Benefits of Using Binance Coin on Sportsbooks

• There is a growing acceptance of Binance Coin by reputable sportsbooks

• Binance Coin’s transaction time is short, while the fees are extremely low

• Developed by a major organization, Binance Coin has a good chance of a long-term value increase

Cons of using Binance Coin on Sportsbooks

• Its platform is one of the main targets of cyberattacks, which could reduce the coin’s value.

• Binance Coin’s discounts continue to decrease.

• You can only get hold of BNB specifically on the Binance Exchange.

What Are the Best Kinds of Sports Plays?

Binance Coin sports playing is incredibly popular these days.

Many sportsbooks now offer you the chance to play with BNB on dozens of sports, not to mention esports too.

That’s only the tip of the iceberg; there are also countless markets.

Nonetheless, it’s a grave error to register with any sportsbook that accepts Binance Coin 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.

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 play on and increase your likelihood of success.

Event winner

The most popular Binance Coin 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 select the San Francisco 49ers to defeat the Dallas Cowboys in the NFL.

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.

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

Unlike many other sports, you can select one of the following two options on the soccer win market:

• Draw no Bet: If your team wins, you win Binance Coin, 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.

Baseball/Basketball/American Football

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

The above happens in baseball, basketball, and American football.

Although American football games sometimes end in a ‘tie,’ you’re unlikely to find this market on many Binance Coin sportsbooks.

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

However, we advise you to ensure that the Binance Coin sportsbook company includes overtime in your original Moneyline play.

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.

As a result, there are few BNB sports playing markets as easy to understand as the Moneyline in tennis.

Outright winner

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

The tournament winner market enables you to select who you think will likely win the big prize.

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

Certain sportsbooks that accept BNB also provide an each-way option on their tournament winner markets.

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 sportsbook that accepts Binance Coin.

There are also alternative over and under markets if you think a match will have a surprisingly high or low number of scores.

Each sport has its own scoring system, which means this market can vary.

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

You would make a play 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.

Another option is to back over 3.5 goals if you believe the match will have a minimum of 4 goals.

When you get involved in the over/under market, it is all about the number of scores as the actual winner of the game is irrelevant.

Next score

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

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

For instance, you might fancy Liverpool to score the next goal against Manchester United.

However, please note that certain sports are low-scoring, so you may not know if you win or lose your play for a while.

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?

Therefore, consider sports like tennis and basketball if you want plays where the outcome is resolved quickly.

Virtually every sportsbook accepting Binance Coin enables you to play on the next point or basket.

With dozens of scores per match, it doesn’t take long for you to discover if you made a successful play or not.

Handicaps

Sometimes, the sportsbooks know that a game is unlikely to be competitive.

In this instance, the odds on the favorite are often too short to warrant a play.

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

Sportsbooks with BNB 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 sportsbook company might start them off with a -10.5 handicap.

If you back the Bucks on the above spread, they need to win by 11+ points.

If you think the Bulls are being underestimated, you can play Binance Coin on them with the +10.5 handicap and win if the Bucks win by 10 or fewer points.

Asian handicap

Originating in Asia, this is an intriguing BNB sports playing market.

It includes more of a learning curve than the typical spread market, but it is worth learning about the better value offered.

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

Here’s a quick overview of what each Asian handicap market means, using a game between Manchester City and Everton as an example:

• 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 markets above work similarly if you decide that Everton will fare better than the BNB sportsbook’s odds suggest.

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.

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

Sectional markets

You have additional playing options in the form of half/quarter/period markets because most sports have breaks in play.

Imagine that you discover how successful a particular team is in the second half of games.

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

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

Performing a deep dive into a team’s abilities at various game points is one way to gain an edge on the sportsbook companies.

Individual performance

Although sports such as soccer and basketball involve a team functioning as a unit, you can make plays on individual performance.

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

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

A major plus point of this market is that the overall result doesn’t necessarily dictate whether your play wins.

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

Overall score

Depending on the sportsbook accepting BNB and the sport, you could have the opportunity to use the correct score market.

Winning involves accurately predicting the event’s final score.

It is less difficult in tennis, for instance, because there are only a handful of potential scores.

For example, in a best of three sets match, the only choices are 2-0, 0-2, 2-1, and 1-2.

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

If you don’t conduct plenty of research, any wins you achieve are solely down to luck.

On the plus, BNB sportsbooks 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.

The number of playing in-running markets offered by sportsbook accepting BNB is incredible, though you need to act fast!

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

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

Furthermore, the available odds on certain markets tend to improve as time ticks by.

Ante-post Playing

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

However, the futures markets offered by sportsbooks that accept Binance Coin generally involve events a few months away.

The goal is to get good odds on a team/entrant in advance, believing that the price will fall closer to the event.

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

Moreover, before making an ante-post play with any Binance Coin sportsbook, analyze its terms and conditions.

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

For example, let’s say you back Rafael Nadal to win the French Open tournament.

Suddenly, you discover that Nadal can’t play because of an injury.

Believe it or not, some Binance Coin sportsbooks will keep your BNB.

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

Understanding Playing odds

Although it is highly beneficial to know as much as you can about sports markets, it is only part of the puzzle.

You can forget about long-term profitability if you don’t understand playing odds.

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

When making plays, you have to realize that sportsbooks accepting BNB have an edge on every market ranging from 3% to 30% or more.

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

What is value Playing?

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

For instance, suppose you believe that Man United’s percentage chance of beating Arsenal is 30%.

Suppose the odds of a United win are 2.50 on most sportsbooks accepting Binance Coin. Should you make a play?

Absolutely not! According to the sportsbook, United has a 40% chance (100/2.50) of winning.

When researching any event, your goal is to discover enough information to ascertain how likely an outcome is.

At the end of this process, you’re rewarded with a ‘betting tissue,’ which helps you better understand a bookmaker’s odds.

In simple terms, a betting tissue enables you to develop your own odds for any event.

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

Unfortunately, few people can correctly calculate playing odds, so we’ve created a quick guide featuring the three most popular types.

American odds

Binance Coin sportsbook companies that cater to users in the United States will often use American odds, which have a plus or minus sign before a number.

Use the sign to determine if the potential profit in Binance Coin is bigger or smaller than the size of your play.

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

If the odds include a plus sign (+), it is a play at odds above evens, so the potential profit is bigger than the amount you risk.

Here are some examples of American odds and how much you could win depending on the size of your play:

• +110: If you play $100 and win, you earn a $110 profit

• +150: The potential total return from a $100 play is $250

• +300: If you take a risk at these odds with a $100 play, you’ll be rewarded with a profit of $300 should you win

• -110: This odds on this play means a $100 stake would return $190.91 in total

• -150: A $100 play at this short price means a profit of $66.67 if you win

• -300: This is a short-priced play, so a win with a $100 stake equates to a profit of $33.33

Decimal odds

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

Multiply these odds by your play size in Binance Coin to determine your potential total returns.

For instance, if you wish to play $200 on England to beat Sweden at odds of 1.6, you multiply 200 x 1.6, which equals 320.

Should England succeed, the $320 return equates to a profit of $120 since 320 – 200 = 120.

To discover the probability of any pick winning in percent, divide the odds into 100.

In the England versus Sweden game, the BNB sportsbook company believes that the former’s chance of victory is 62.5% because 100/1.6 = 62.5.

Fractional odds

If you live in Ireland or the UK, you might understand fractional odds better than most.

You’ll know this type of betting odds by the famous slash that appears between two numbers.

For example, 6/1 means six-to-one, indicating that you earn a profit of $6 for every $1 you risk if the play wins.

Consequently, you will enjoy a return of $70 if you happen to risk $10 worth of Binance Coin at the above odds.

The number on the left represents the total profit if you play 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 play means your profit is $7 for every $2 you risk.

Calculating your total return is as easy as adding how much BNB you staked to your profit.

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