Best Crypto & Bitcoin Sportsbooks

Best Crypto Sportsbooks Reviews

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

Overview Of The Best Crypto Sportsbooks

Everything You Need to Know About Betting 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 gambling odds.

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

When making wagers, you have to realize that BTC sportsbooks have an edge in every market ranging from 3% to 30% or more.

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

Finding Value in Sportsbook Odds: An Essential Process

Value betting 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.

Does that represent value odds if the sportsbook with Bitcoin offers decimal odds of 2.50 for a United victory?

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

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

At the end of this process, you’re rewarded with a ‘betting tissue,’ which helps you better understand the odds offered by anonymous gambling sites. 

A betting tissue is a means of pricing an event to create your own odds.

However, don’t even think about making one until you know more about the different types of sports betting odds.

Many people don’t know how to calculate odds, so we’ve created a quick guide to the best-known formats.

Do Crypto Sportsbooks Offer Any Other Odds Format?

Yes! Although American, fractional, and decimal odds are the most common, there are other options.

Here are three additional odds formats predominantly used in Asia.

Hong Kong Odds

Novice bettors may initially look at Hong Kong odds and feel a little confused.

However, they are similar to decimal odds once you break them down.

HK odds have no + or – symbols, unlike Indonesian and Malaysian odds.

Instead, they represent how much profit you could make from betting a single unit.

For example, Hong Kong odds of 1.4 mean you win 1.4 units for every unit staked.

As a result, a $10 wager at 1.4 odds means a profit of $14 if successful.

Indonesian Odds

Once you understand that Indonesian odds are based on wagering one unit, they’re easy to calculate.

Odds with a + sign relate to how much you’ll win for every unit wagered.

For instance, a bet at +5.00 means you win five units per unit risked. Therefore, with a $10 wager, you earn a $50 profit if you win.

Odds with a – sign denote the amount you must bet to win a single unit.

For example, a bet at -5.00 means you need to risk five units to earn a one-unit profit.

A $50 wager would provide a profit of $10 if you win.

Malaysian Odds

The Malaysian odds format is something of a hybrid of American and Hong Kong odds.

A + sign in front of the number means the odds are less than evens, or 2.00 in decimal odds.

They outline how much you’ll win when risking a single unit.

For example, odds of +0.3 means the profit is 0.3 units for every unit staked.

If you bet $10 and win, your profit is $3.

Odds with a – sign in front of them relate to “odds against” bets equivalent to more than 2.00 in decimal odds.

In this case, the number outlines how much you must bet to earn a one-unit profit.

Therefore, when the odds are -0.3, you make a profit of one unit for every 0.3 units risked.

Consequently, if you bet $3 and win, your profit is $10.

American odds

If you live in the U.S. and register with any crypto sportsbook, 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 digital currency you 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 digital asset 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.

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 Bitcoin sportsbook thinks there’s a 62.5% possibility of an England victory.

Fractional odds

Generally speaking, fractional odds are popular in the United Kingdom and Ireland.

They are written with a hyphen or, more commonly, 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.

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

The number on the left-hand side outlines how much profit you’ll earn should you play a sum of money equivalent to 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 digital asset you staked to your profit.

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

The Best Sports Betting Options

Digital currency sports betting is incredibly popular these days.

This is why an impressive number of sportsbook companies now let you use digital asset to play on a significant volume of sports and esports.

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

However, before you register with any sportsbook accepting Bitcoin and risk money, it is essential to understand the logic behind each play.

This means learning about the different sports betting markets and what they represent.

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 markets you’d like to play on, knowledge that should help boost your bottom line.

Event winner

Commonly known as the “Moneyline,” the event winner market is one of the easiest crypto sports betting markets to understand.

It is also the most popular because it involves picking the team or player you think will win an event.

In certain sports, there are three options as the draw is included.

However, in most American sports, there are only two options.

For instance, in an NBA match, you can decide whether the Boston Celtics will beat the Los Angeles Lakers or vice versa.

Please note that the event winner market is slightly different depending on the sport, as we outline below.

Soccer

In soccer, you can select the home or away team to win, and you also have the choice of backing 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 digital currency 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.

Basketball/ American Football/ Baseball

There is no ‘draw’ in many North American sports because if a game finishes level, it goes straight into overtime.

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

You’ll find that most sportsbooks accepting crypto don’t offer a ‘tie’ market, although American football games can end in a tie after overtime.

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 sportsbook that accepts crypto to ensure it counts overtime wins.

Tennis

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

For instance, the game of tennis only finishes when one of the players wins the allotted number of sets.

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

Overall 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.

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

Certain Bitcoin sportsbooks also provide an each-way option on their tournament winner markets.

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

Over/Under

The over/under market refers to how many scores a game will have.

Your mission is to determine whether the event will have more or fewer scores than the ‘line’ set by the sportsbook accepting BTC .

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

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

For example, imagine that the Bitcoin sportsbook 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.

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.

Who will score next?

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.

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

Indeed, in soccer, almost 7% of games in top European leagues end with no goals scored across 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 play.

Virtually every Bitcoin sportsbook 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.

Spread betting

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

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.

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

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.

Alternatively, you can play 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 asset 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.

Indeed, the Asian handicap market is often the weapon of choice for professional gamblers.

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 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 sportsbook company’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.

By removing the binary ‘win’ or ‘lose’ outcome from the equation, the Asian handicap market offers something new when you decide to play.

Half/Quarter Markets

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

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

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 sportsbooks.

Player props

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

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

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

Team props

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

One of the benefits of this market is that your play isn’t entirely dependent on the event’s outcome.

The team you choose could lose but play well enough to ensure you win digital asset.

Final score

Depending on the crypto sportsbook 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.

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

The difficulty involved in winning on the correct score market is reflected in the long odds offered by Bitcoin sportsbooks.

In-play Playing

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

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

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.

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

Ante-post Playing

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

In reality, BTC sportsbook companies offer markets for sports events that don’t even begin for several months!

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

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

Furthermore, it is essential to read the T’s and C’s of the sportsbook accepting Bitcoin when placing your ante-post play.

In some cases, if your selection doesn’t compete, you might not get your money back.

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.

Believe it or not, some cryptocurrency sportsbook companies will keep your digital currency.

Effectively, you make an ante-post play any time you risk digital asset on a tournament winner before the event begins.

Is Bitcoin Worth Trying on Sportsbooks?

A group of people calling themselves Satoshi Nakamoto created the Bitcoin network in January 2009.

It remains the largest cryptocurrency in the world, although others, such as Ethereum, have also established a firm foothold in the industry.

According to those who believe in digital currency, assets such as Bitcoin will change how we view and use money.

Crypto casinos and betting sites are delighted to accept the top-rated cryptocurrencies and actively encourage users to do so.

Now, let’s check out the pros and cons of using Bitcoin and other digital assets on crypto sportsbooks.

The advantages of using Bitcoin on Sportsbooks

• Digital asset’s popularity means a significant number of sportsbook companies give bonuses for using it as a payment method

• The capacity for digital asset to increase in value means even a tiny win now could yield a massive reward later

• Punters enjoy anonymity, so no one will know you’re playing on these sportsbook companies

Cons of using Bitcoin on Sportsbooks

• Each transaction comes with a hefty fee, so digital currency users get less value for money

• If a scam sportsbook takes your money, it is lost forever

• Digital currency is incredibly volatile, with no way of knowing when its value will rise or fall