Best Blockchain Sports Betting Sites

Top-Rated Blockchain Betting Sites Reviews

Now it’s time to have a look at each of the blockchain betting companies reviews ranked in the table above.

Overview Of The Best Blockchain Betting Sites

The Best Sports Betting Options

Those in the know realize that digital asset sports betting is highly favored amongst bettors.

This is why an impressive number of betting websites now let you use digital currency to bet on a significant volume of sports and esports.

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

Nonetheless, it’s a grave error to register with any blockchain 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.

This comprehensive guide provides essential information on the most popular markets, outlining what must 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

The most popular digital asset sports betting market is backing a team or player to win.

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

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

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

• Draw no Bet: If your selection draws, you get your cryptoasset back, and you win if the team wins.

• Double Chance: You win if your selection avoids losing. However, you win the same amount whether the team wins or draws.

Baseball/Basketball/American Football

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 blockchain betting sites 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.

Despite this fact, it is wise to check the market offered by the blockchain betting site to ensure it counts overtime wins.

Tennis

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

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

Therefore, this particular digital asset sports betting market is as straightforward as it gets.

Tournament Winner

There are generally large tournaments featuring dozens if not hundreds of games in different sports.

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

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

Some blockchain betting websites let you mitigate your risk by letting you back your choice each-way.

With this market, you can win digital currency if your team/player gets to the semi-final at least or loses the final.

Over or under

This market relates to the number of scores in a match.

You have to choose whether the game will have over or under the number of scores than the ‘line’ set by the betting site with blockchain.

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.

For instance, betting sites with blockchain might put the line on a Liverpool vs. Manchester United game 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.

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

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.

Next score

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

The only thing you have to do is bet on whoever you feel will get the next score in the game.

For example, you may believe that the Toronto Blue Jays will score the next run against the Boston Red Sox.

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

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

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

Virtually every betting site with blockchain enables you to bet 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 bet or not.

Spread betting

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

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

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

Blockchain 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 platform 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 bet on the Bulls with a +10.5 handicap and win digital currency 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 digital currency sports wagering 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.

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): If City wins, your bet is successful. If they lose, your bet is unsuccessful, and if the game ends in a draw, your stake is refunded.

• Man City (-0.25): In the event of a draw, the site returns half your digital asset. Otherwise, you win if City wins and lose if they lose.

• Man City (-0.5): This is the same as a double chance for Everton, meaning you only win if City triumphs.

• Man City (-0.75): If City fails to win, you lose the bet. A victory by two or more goals for City means a full win, while a single goal victory is half a win. Suppose you would earn a profit of $20 for a City 2+ goal win. In this case, you net a $10 profit for a one-goal win.

• Man City (-1): You lose the bet if City doesn’t win the game and get your stake refunded if they win by one goal. You need a 2+ goal City win to earn a profit.

The blockchain betting site’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.

Certainly, these markets are worth exploring if you’re a risk-averse bettor because of the possibility of getting your money back in certain circumstances.

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

Sectional markets

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

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.

From that point, you can decide if you want to back the outfit to win the game or score a certain number of times in the second half.

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

Player props

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

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

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.

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

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

Correct score

Depending on the blockchain betting website and the sport, you could have the opportunity to use the correct score market.

To win, you have to predict the precise scoreline in a match.

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

Research is essential to have any chance of success.

The difficulty involved in winning on the correct score market is reflected in the long odds offered by betting platforms with blockchain.

In-play Betting

Those who watch a live sporting event often find that there are opportunities to make a profit.

The number of betting in-running markets offered by blockchain betting website is incredible, though you need to act fast!

Bettors reluctant to commit to a bet 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.

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 Betting

Technically speaking, ante-post betting involves events set to take place at least a day later.

However, the futures markets offered by blockchain betting sites 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.

Of course, there is always the risk of getting it wrong, and the odds of your selection get even longer.

Also, check the terms and conditions of the betting site with blockchain you place your ante-post bet with.

There’s a possibility that your bet 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.

Depending on the blockchain betting platform, you might lose all of your blockchain currency.

An ante-post bet means you stake digital asset on the winner of an event before it begins.

Understanding 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.

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

Every blockchain betting website has a house edge on each market you bet on, and it is usually at least 3% but can increase to 30% depending on the market.

However, no sports betting site gets it right all the time, so your mission is to find odds that represent better than fair value.

Value Betting

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

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 blockchain betting site offers decimal odds of 2.50 for a United victory?

Certainly not! At these odds, the betting site thinks there’s a 40% chance of a Manchester United victory (100/2.50 = 40).

Your quest for success must involve thorough research into a market to learn the true probability of any result.

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 betting odds.

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

American odds

Blockchain betting websites that cater to users in the United States will often use American odds, which have a plus or minus sign before a number.

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

For example, a (-) sign means an odds-on bet, so your potential profit is less than your stake.

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

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

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

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

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

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

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

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

Decimal odds

If you live in Europe, you’re likely familiar with decimal odds which are the most basic form.

Multiply the amount of cryptoasset you intend to bet by the decimal odds of your selection.

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

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

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

In the England versus Sweden game, the blockchain betting website 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.

They are written with a hyphen or, more commonly, a slash 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 bet wins.

Therefore, if you bet $10 worth of blockchain asset at odds of 6/1, you would win $70 if successful, for a profit of $60.

The number on the left-hand side outlines how much profit you’ll earn should you bet a sum of money equivalent to 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 wager if successful.

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

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