Best Crypto & Bitcoin Bookmakers

Overview Of The Best Crypto Bookmakers

Crypto Bookmakers Reviews You Can Trust

We’re now going to check out the crypto bookies reviews included in the table.

Understanding Playing odds

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

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

Regardless of your level of research into an event, not knowing the right odds will result in failure.

Although the edge enjoyed by Bitcoin bookmakers varies according to the market you play 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 bookmakers.

What is value Playing?

The process of value playing involves finding your own edge on any given market.

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

Ask yourself this question: If the BTC bookmaker offers a price of 2.50 (in decimal odds) for a United win, is it value or not?

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

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.

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

Many people don’t know how to calculate playing odds, so we’ve created a quick guide to the three most common types.

American odds

In the United States, bookies with cryptocurrency that offer American odds have a minus or plus sign before a number.

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

If the sign is minus (-), it means odds of below evens, so your profit will be less than your play if you win.

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

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

• +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

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

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

Suppose you want to play on England to defeat Sweden and receive odds of 1.6; multiply your $200 stake by the 1.6 odds for a return of 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 our example, 100/1.6 = 62.5; so, the Bitcoin bookmaker website thinks there’s a 62.5% possibility of an England victory.

Fractional odds

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

This odds format features a slash between two numbers.

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

As a result, playing $10 worth of Bitcoin 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.

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

Most Bitcoin bookmakers will allow you to change the odds format, so experiment to see which one you like the most.

Best Types of Sports Plays

Those in the know realize that crypto sports playing is highly favored amongst bettors.

As a result, a growing number of bookmakers enable you to play on a wide range of sports and esports using crypto.

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

Nonetheless, it’s a grave error to register with any cryptocurrency bookie 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 comprehensive guide provides essential information on the most popular markets, outlining what must happen for you to win.

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

Event winner

This is perhaps the easiest and most commonly used crypto sports playing market.

It is as easy as picking the team or player you believe will triumph.

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

However, the basic win market is not necessarily the same from one sport to the next, so we highlight some differences below.

Baseball/Basketball/American Football

In many sports popular in North America, games that end in a tie go to overtime.

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

Although American football games sometimes end in a ‘tie,’ you’re unlikely to find this market on many bookie websites with Bitcoin.

Therefore, your play carries into overtime and wins if your team is victorious.

Despite this fact, it is wise to check the market offered by the crypto bookie website to ensure it counts overtime wins.

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.

Soccer also has the following variations on the Moneyline:

• Draw no Bet: If your selection draws, you get your crypto 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.

Tennis

There are plenty of sports where the outcome can only be a win or a loss for one team or player.

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 Bitcoin sports playing markets as easy to understand as the Moneyline in tennis.

Overall winner

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

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

Given the difficulties of picking a winner, you should find long odds for many selections, giving you the chance to win lots of Bitcoin.

Some bookmakers with Bitcoin let you mitigate your risk by letting you back your choice each-way.

This means you can win crypto if your selection makes it to a certain stage, usually the semi-final or final.

Over or under

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

You have to choose whether the game will have over or under the number of scores than the ‘line’ set by the bookmaker accepting Bitcoin.

If you believe the bookmaker’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.

For example, imagine that the BTC bookmaker website has the line on a game between Arsenal and Leeds United 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.

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.

Who will score next?

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

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

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

Please note that some sports are often low-scoring, so prepare to wait to learn the fate of your play.

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.

Most Bitcoin bookie websites let you play on each basket or point in a match.

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

Handicaps

Sometimes, the bookmakers 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.

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

For instance, the Milwaukee Bucks might be available at a handicap of -10.5 to beat the Chicago Bulls.

If you believe the Bucks are good enough to overcome this obstacle and make a bet, they need to win by at least 11 points.

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

Asian handicap

As you might guess from the name, the Asian handicap is a Bitcoin sports playing market that began in Asia.

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 crypto. 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 play. 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 markets above work similarly if you decide that Everton will fare better than the Bitcoin bookmaker’s odds suggest.

Let’s say you think Everton has a very good chance. You can back the Toffees on the Asian Handicap at 0 and get your money back if they draw.

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

Most sports events are divided into sections, giving you further playing 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 bookmakers.

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 Bitcoin.

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

Team props

In potential mismatches, it is always worth focusing on the performance of a specific team.

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 crypto but still lose the match.

Final score

Depending on the crypto bookmaker 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 easier to do this in tennis due to the lack of scoreline combinations.

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.

In contrast, predicting the correct score in soccer is difficult because of the vast number of possible results.

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

As difficult as it is to win on the correct score market, at least you’ll find that BTC bookmaker websites often offer generous odds.

Live 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 crypto bookies give you plenty of chances to win.

If you’re wary of making plays before a match, waiting for it to commence can help reveal whether your pre-game hunch is accurate.

Sometimes, all you need is to watch a few minutes of a game to get a feel for how it is likely to pan out.

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, bookmaker websites with Bitcoin 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.

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 BTC bookmaker you place your ante-post play with.

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.

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

In this unfortunate circumstance, some crypto bookmakers will hold onto your Bitcoin even though you had no chance to win.

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

Upsides and Downsides of Using Bitcoin On Bookmakers

Bitcoin has been around for quite a while, but bitcoin bookmakers have only started to pop up in larger numbers over the past few years. There are both benefits and disadvantages associated with these sites, though it seems like the pros outweigh the cons. 

The good thing about bitcoin bookmakers is that they don’t usually rely solely on BTC, and you can use other crypto assets as well. In recent years, Ethereum gambling sites have become fairly common, and many of the crypto betting sites also accept the likes of Dogecoin and Cardano. 

Most crypto betting sites offer bonuses and organize all kinds of promotions that you can take part in. Betting tournaments, like trying to hit the highest odds or most matches on a winning coupon are not only potentially lucrative, but also a lot of fun. 

Before you start figuring out which crypto betting sites are the best for you, you might want to check out some of the most important pros and cons of crypto bookmakers. 

Pros of using Bitcoin on Bookmakers

• An increasing number of bookmaker companies offer additional rewards to users who deposit with Bitcoins

• Cryptocurrency’s ability to gain value means a big win today could be worth even more in the future

• You can play without your bank or anyone else finding out

Cons of Playing with Bitcoin

• Crypto is plagued by high transaction fees, which have grown over time

• If you use a shady bookmaker company that steals your money, there is no chance of receiving a refund

• The extreme volatility of crypto means that the value of your winnings could decrease massively overnight