This guide features the best Monero betting sites in 2022.
If you want to deposit, withdraw, or bet using Monero, all of these highly regarded sites can help you.
Our guide offers the following information on Monero betting sites:
How to choose them
The best exchanges that don’t prohibit the use of their services because of Monero betting site use in 2022
Are you ready?
CoinRoyale Casino is an easily accessible betting site that provides a substantial range of Slots, Video Poker, Blackjack, Baccarat, Roulette, Dice options.
With 9 casino games, 1 different support languages, and 15 sports, you’ll never be stuck for options on this site.Read full review
Casobet is an online betting site which offers lots of Slots, Video Poker, Live Dealer, Blackjack, Baccarat, Bingo, Keno, Roulette, Craps, Scratchcards, Dice, Crash, Mines, Plinko, Jackpot options to enjoy.
Entertainment and excitement are almost guaranteed with this site, and with 11 different support languages, 24 sports, and 0 casino games, it is sure to have everything you want.Read full review
Betflip is an online betting site which offers lots of Slots, Video Poker, Live Dealer, Blackjack, Baccarat, Bingo, Keno, Roulette, Lotteries, Craps, Scratchcards, Dice, Crash, Mines, Plinko, Jackpot options to enjoy.
With 2000 casino games, 1 different support languages, and 27 sports, you’ll never be stuck for options on this site.Read full review
We’re now going to check out the XMR sports betting sites reviews included in the table.
Our research did not uncover many (or any) serious complaint about CoinRoyale Casino.
High-end VIP Program.
If you’re looking for sites with high-quality VIP programs, CoinRoyale Casino is among the best options.
Excellent Gaming Experience.
CoinRoyale Casino‘s website offers a modern design and is easy to use.
CoinRoyale Casino‘s registration process is modern and should take less than a minute. You will only need to provide the following: username, email address, password, email address validation.
Apart from having the chance to deposit crypto, you have the option to play with the following coins:
CoinRoyale Casino possesses no license. Although there are some decent sites with no licensing, it should cause you to pause for thought before registering.
Bad Customer Service.
CoinRoyale Casino‘s support isn’t the worst out there but compares poorly with most of its competitors.
Barely Any Promotion.
You will struggle ever to find a promotion worthy of the name on CoinRoyale Casino.
You can not play anonymously on CoinRoyale Casino.
Very Good Reputation.
We could not find more than a few legit complaints about Casobet online.
Like most sites of its kind, Casobet has a license in Curacao. Although that doesn’t say much about its safety, it is better than holding shady licenses, or no license at all.
Good Customer Service.
Casobet‘s support, although not perfect, is better than most of its competitors.
You can play anonymously on Casobet.
Excellent Gaming Experience.
Casobet‘s website offers a modern design and is easy to use.
Casobet‘s registration process is modern and should take less than a minute. You will only need to provide the following: email address, password, username, email address validation.
You can not only deposit with digital currencies but also play with the following:
Barely Any Promotion.
Casobet offers little to no promotions to keep the game fun. If you like chasing promotions, look elsewhere.
No VIP Program.
Despite being standard on this type of sites nowadays, no VIP program is available on Casobet.
Like most sites of its kind, Betflip has a license in Curacao. Although that doesn’t say much about its safety, it is better than holding shady licenses, or no license at all.
Good Customer Service.
Betflip‘s support, although not perfect, is better than most of its competitors.
Very Bad Reputation.
Betflip has a reputation for dreadful customer service, a big problem given the substantial number of complaints by users.
Betflip offers only a few promotions to keep players entertained, and these are not even very engaging.
No VIP Program.
Despite being standard on this type of sites nowadays, no VIP program is available on Betflip.
You can not play anonymously on Betflip.
Not End-to-end Crypto.
The digital currencies you deposit are converted into fiat at the time of the deposit, and vice-versa at the time of the withdrawal. You will be forced to play with fiat currencies.
Nicolas van Saberhagen released Monero, a privacy-centered digital currency, in 2014.
Anyone can send or broadcast transactions, but no outsider can determine the amount involved or the transaction’s source or destination.
At present, Monero’s market cap is moderate and just enough to rank inside the top 30 digital currencies.
If you like the idea of complete privacy, learn more about Monero by reading the following advantages and disadvantages
XMR transactions are untraceable, and it is widely regarded as the most ‘private’ digital currency.
There is an active XMR community, so finding information on how to use it is relatively easy.
The number of XMR coins is limited, which means its value could increase in the future.
Reputable sports betting sites that accept Monero are rare
Monero’s high level of privacy is only worthy when using sports betting sites that ask for minimal personal details
You can wave goodbye to your hard-earned Monero if a bad betting site scams you
Are you looking to bet with Monero but can’t decide if you want to go ahead?
There are countless reasons to give them a try, and here are just a few of them.
Fiat currencies are fast becoming yesterday’s news.
Inflation makes their value go down continually.
As long as governments stay in control of fiat currencies, they retain their hold on the financial world and keep their power.
As for banks, they have complete control over the who, what, where, when, and why of fiat currency use.
Fiat currencies are not the future.
Monero is the new money in 2022.
Monero don’t need intermediaries to be exchanged.
Which means no payment gateways are needed.
You keep the traditional banking system out of the loop.
All you need is a reliable VPN to register an account on Monero betting sites.
This action means you’re now free to wager even if the site normally wouldn’t accept users from your country.
Certain end-to-end XMR sports betting websites will also let you wager even if you live somewhere where sports betting sites are illegal.
Disclaimer: We do not explicitly encourage any kind of illegal or unauthorized activity. There are risks involved in using sports betting sites that would typically not accept users from your country, including (and not limited to) getting your accounts and funds frozen.
You might know that banks don’t appreciate online sports betting sites.
Banks can cause problems for anyone who uses betting websites. They have even turned down the mortgage applications of many individuals for that very reason.
The fact that they only spent small sums on these betting websites was irrelevant.
When using Monero betting websites, there’s no way your bank will ever know. It will remain your own business.
Also, your pastime remains a secret from everyone.
Betting on traditional betting platforms with fiat currencies means you get stuck with fiat.
Fiat currencies are old-fashioned and inflationary.
When using Monero sports betting sites, the amount of Monero you hold will probably increase in value.
Have you ever struggled to deposit on betting sites? We have.
The bank froze the account of a team member for a month.
Here’s the reason. He wanted to put money into his betting site account and his first deposit was with a credit card.
However, the UK added a new regulation in April 2020 without him realizing it.
It turned out he could no longer make deposits or withdrawals on sports betting sites. The bank even sent him an email warning him not to do it again.
XMR ensure that your bank never needs to get involved again.
Many online sports betting sites accept Monero. The trouble is, most of them offer fairly poor services.
These sites seem locked in a time warp with payouts taking days, poor customer service, and many other issues.
In contrast, the best XMR sports betting websites are designed for a modern audience with up-to-date technology.
This translates into better, more competitive, and safer XMR sports betting sites overall, with better payments, more frequent bonuses and promotions, higher-quality support, and more.
Financial regulations limit standard betting sites. This is why they are so slow and inefficient.
The result is that these betting sites have snail-like transactions, along with mediocre deposit and withdrawal amounts at best.
The Curaçao Gaming Authority regulates many of the best sports betting sites with Monero ; however, this is a less strict form of financial regulation.
This means you could receive immediate payments and limits you can live with.
For example, some of the top sports betting sites that accept Monero offer instant and unlimited deposits and withdrawals. That’s unseen in the traditional sports betting site industry.
Bear in mind that blockchains take a certain amount of time to process transactions, but it is still a fast process.
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 betting odds.
Regardless of your level of research into an event, not knowing the right odds will result in failure.
Although the edge enjoyed by sports betting sites that accept Monero varies according to the market you bet 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 sports betting websites.
Value betting 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%.
Does that represent value odds if the XMR sports betting site offers decimal odds of 2.50 for a United victory?
No! 100/2.50 means the sports betting 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.
Once you finish the investigation, the reward is a ‘betting tissue,’ a tool that places you in the role of a bookmaker.
What’s a betting tissue? It is a method of creating your own odds.
Of course, you can’t even begin this process until you learn more about the different sports betting odds formats.
Many people don’t know how to calculate betting odds, so we’ve created a quick guide to the three most common types.
If you live in the U.S. and register with any Monero sports betting site, 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 XMR you bet.
If the sign is minus (-), it means odds of below evens, so your profit will be less than your bet if you win.
A (+) sign means an odds-against wager, so your possible profit is higher than your original wager.
Below, we’ve compiled some examples of American odds, complete with information on how much you can win from different sized bets.
+110: betting $100 and winning at these odds means a total return of $210
+150: By betting at these odds, a win will yield a profit of $150
+300: Back any outcome at these odds with a $100 bet, and your total returns will be $400 if successful
-110: If you bet at this price, your overall profit with a win is $90.91
-150: bet $100 at these odds and win, and you benefit from a return of $166.67
-300: If you bet $100 and your selection is successful, you benefit from a return of $133.33
European players are more familiar with decimal odds, which is the easiest format to calculate and understand.
To calculate your possible returns, multiply the size of your bet in Monero by the odds.
Suppose you want to wager 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.
An English victory means you enjoy a $120 profit as 320 – 200 = 120.
Calculating the likelihood of your selection winning in percent involves dividing the decimal odds into 100.
In the England versus Sweden game, the sports betting site that accepts XMR believes that the former’s chance of victory is 62.5% because 100/1.6 = 62.5.
Generally speaking, fractional odds are popular in the United Kingdom and Ireland.
This odds format features 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 Monero 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.
Let’s say you back the Tennessee Titans to defeat the Tampa Bay Buccaneers at odds of 11/4; this means your profit is $11 for every $4 you bet should the Titans win.
Of course, you have to include the Monero you staked to determine the full payout.
Most XMR betting websites will allow you to change the odds format, so experiment to see which one you like the most.
Many users of sports markets now register with betting sites and deposit Monero.
Now, let’s check out the impressive variety of sports and markets provided by these exciting sports betting sites.
Those who register with XMR sports betting websites soon find they have as many sports markets to choose from as with a standard betting website.
You’ll also find that Monero sports betting sites provide better odds for various markets than a standard sports betting site.
Best of all, you have a front-row seat to globally famous events, including:
Soccer: The English Premier League, LaLiga, the European Championship & the World Cup
Tennis: The WTP and ATP finals, not to mention the four major tournaments
Golf: The Open, US PGA, The Masters, and the US Open
Basketball: The NBA Finals and All-Star Game
American Football: The Super Bowl and the Rose Bowl
Cricket: The ICC Cricket World Cup, ICC Champions Trophy, and the T20 World Cup
Ultimately, XMR betting sites ensure you can get involved in all the tournaments and games that matter.
Additionally, you can wager money in play for the opportunity to quickly earn a profit.
The rise of the electronic sports sector is nothing short of extraordinary, and it now enjoys an audience of approximately 450 million people.
Thousands of global tournaments take place annually, featuring many of the world’s best gamers.
Although eSports will not feature prominently in the 2024 Olympic Games, many experts believe it is a matter of time before they get Olympic recognition.
While traditional sports betting websites earned money from eSports, it hasn’t taken long for Monero sports betting companies to follow suit.
It is wise to familiarize yourself with eSports before you consider making bets on them.
Games such as DOTA 2, StarCraft II, and PUBG are among the most popular for tournament purposes.
XMR sports betting websites tend to offer markets relating to total maps for certain games, not to mention handicap options.
There’s no question that eSports are here to stay, and XMR sports betting websites continue to increase their exposure.
Virtual sports are events where sophisticated algorithms determine the result.
The computer-generated graphics are often of exceptional quality and truly immerse the user.
There are several virtual sports to choose from, including horse racing, soccer, and motor racing.
Everyone who bets Monero on virtual sports witnesses the same outcome, regardless of where they are.
It is a mistake to compare virtual sports to eSports; the former is computer-generated; the latter involves real people.
There is no formbook to look through, nor can you determine the quality of team, individual, or animal involved.
Any decision you make boils down to blind luck, so you shouldn’t look to virtual sports as a means of earning a long-term profit.
XMR sports betting sites offer regular virtual events, so if you miss one, you don’t have to wait long to start wagering on the next.
For example, there is a cricket game every four minutes, and a greyhound race is available every minute!
Since virtual sports don’t impact real-world events, they are legal in many places where traditional sports are not.
Consequently, if your country bans you from using Monero on sports, you might have the option of betting on virtual sports markets instead.
You have probably heard a great deal about using crypto on betting sites, including its pros and cons.
Locating decent sources explaining HOW to use it is another story.
As a result, we have compiled this simple guide telling you how to open a Monero sports betting platform account and use cryptocurrency.
Before we begin, please note this about Monero sports betting:
The majority of sites only allow the use of a small fraction of the many digital coins available
Apart from a handful of stable coins, the market is extremely volatile, which adds an extra level of risk
You can’t reverse a cryptocurrency transaction, so a slight error could result in the loss of your entire balance
Our review team spent significant time investigating every XMR betting website you see on our list.
It is an important part of our process as it decreases the chances of a dodgy site stealing from you.
As soon as you select a Monero sports betting website from our list, you can proceed with registration.
In general, it is a smooth process that takes little time.
It is often faster than registration with fiat currency accepting betting companies.
Read our reviews to see if any XMR betting websites stand out if you value quick registration.
In addition, please ensure you use any promo codes you find to boost your balance potentially.
Most Monero betting sites offer generous first deposit bonuses and other gifts whenever you deposit crypto.
If your e-wallet is funded, it is time to deposit and benefit from a welcome bonus.
If your wallet remains empty, use a trustworthy exchange to add Monero.
We recommend only purchasing a highly-regarded exchange such as Kraken or Binance.
Aside from allowing rapid Monero transactions, such exchanges have no problem with you using them for betting.
In contrast, it is essential to avoid Coinbase at all costs, despite being among the top-rated exchanges.
If you try to deposit Monero in your sports betting platform from Coinbase, the exchange could close your account.
It is also wise to always select the coin you intend to bet with on the site.
If you don’t, additional crypto conversion fees will eat into your initial balance.
Once you have enough Monero available, it is time to fund your account.
At this stage, you must set up a ‘wallet’ for your cryptocurrency to ensure it remains secure.
Your preferred levels of safety, security, and freedom of crypto movement determine the type of wallet you should choose.
You can rely on a hosted wallet for security or take matters into your hands with a non-custodial wallet.
You need to visit the ‘send crypto’ section to perform the transfer no matter which option you select.
A non-custodial wallet, also referred to as a ‘self-custody’ wallet, involves no third-party oversight.
With no custodian, you are 100% responsible for the security and safety of your cryptocurrency.
For example, once you gain your private key, you must keep it away from prying eyes.
Having the private key stolen is disastrous because, unless you memorize it, you can’t stop the thief from stealing your Monero.
Also, misplacing your private key without memorizing it means you can’t access your digital currency.
A significant positive when using a non-custodial wallet is that you exercise total control over the crypto.
Therefore, you can stake, sell, lend, and farm digital currency, not to mention spending it on Monero sports betting companies.
Gaining access to a non-custodial wallet is as simple as downloading a special app like MetaMask.
Then you must take note of the private key and keep it safe.
If you prefer the safety blanket of a hosted wallet, you can choose a reputable exchange and create an account.
If you misplace your password with a hosted wallet, you retain access to your money.
A disadvantage of this wallet is the lack of freedom you have when spending your funds.
Some hosted wallets might ask for account verification, meaning you have to provide identification and lose anonymity.
Certain sites forbid users from transferring digital currency to Monero betting sites.
Look for the site’s ‘deposit’ section and select your preferred cryptocurrency.
You should see a public address linked to your account at this stage.
The unique nature of this series of letters and numbers lets the operator know that you sent the money.
Copy this address to your clipboard and triple-check it to make certain everything is correct.
Remember, it only takes a minor error to cause big problems with a transaction and perhaps lose your deposit.
Return to the crypto exchange or your wallet, paste the address, and click ‘send.’
As transaction times vary from seconds to hours or even days, you may need patience.
Look at our reviews to see which Monero sports betting sites offer fast transactions and which ones take their time.
Ultimately, consider talking to customer support six hours after a deposit if the money still hasn’t entered your account.
With money in your account, begin betting on the site to experience its benefits.
When choosing the best Monero betting site, here are some things to take into account.
Don’t make the mistake of registering and adding money before finding out that you’re not allowed to do so in your country.
If you’re in a prohibited country, legit Monero betting sites will simply make it impossible for you to register and deposit funds.
Sadly, some unreliable Monero betting sites will not stop you from registering an account and wagering but will block your account when you try to withdraw your gains.
Then these Monero betting sites decide to ask for account verification. To your horror, you’ll find that your account is suspended, and you have no access to your money.
Therefore, it is crucial only to use XMR sports betting sites that are legal in your country.
If you decide otherwise at your own risk, make sure you wager on trustworthy and legit XMR sports betting sites that allow for more anonymity.
Focus on good Monero sports betting websites that won’t keep your money if they discover that you’re betting illegally.
Stake is one such site.
Standard betting websites that allow the use of Monero and end-to-end XMR sports betting platforms are entirely different.
Traditional betting sites that accept Monero will convert yours into fiat when you deposit.
The same will happen when you withdraw (if they offer XMR as a withdrawal method); they will convert your fiat back into XMR.
Not only do these transactions incur fees, but it also means you no longer hold XMR while your funds are on the site.
This is terrible news if you think the price of Monero will rise. Instead, using end-to-end Monero sports betting sites is a better idea.
These XMR betting sites generally accept a more comprehensive range of digital assets as deposit/withdrawal methods.
They also make it possible for you to bet with XMR directly.
End-to-end Monero betting websites allow you to leverage the benefits of XMR, including:
Higher payment limits
Yet, it is a mistake to think that the above pros are guaranteed with 100% of end-to-end sports betting sites that accept XMR .
Being end-to-end XMR only means they can provide these benefits if they want to and put the effort.
You’ll discover that only the top Monero betting sites care enough about their customers to provide these advantages.
When choosing Monero betting sites, look for the ones that give you the best:
Pick of sports
Collection of lines
However, don’t automatically assume that sports betting sites that accept XMR with a decent sports offering are good Monero betting sites.
You could potentially use Monero betting sites with fantastic sports options, but they defraud you in the end.
To identify the best offers, we recommend registering with several legit sports betting sites that accept Monero .
You can then compare their sports options side-by-side.
But keep in mind that the availability of sports betting sites that accept Monero in your country and their reputation are the most important factors to consider before you deposit your Monero.
If you need help with something, things go more smoothly when you can quickly and easily chat to a trained customer service operative.
This point is even more valid for beginners on Monero sports betting sites.
Therefore, our reviews of the best XMR betting websites in 2022 include a thorough check and testing of their customer service.
It is essential to find Monero sports betting websites that help you manage your transactions, and we typically take the following factors into account in our ratings.
Some betting sites offer more deposit and withdrawal methods than others.
Keep your options open by selecting a site that lets you deposit or withdraw in several ways.
The Monero space moves fast, and so do Monero betting websites.
In this matter, speed is king. If an opportunity arises, you’ll want to get access to your Monero quickly. For example, you might find something interesting on another sports betting site that accepts Monero .
In some cases, XMR sports betting websites process withdrawals in seconds. Other sites are slower and could take several days.
In general, when it comes to withdrawal speed on sports betting sites with Monero , faster is better.
You’ll find that standard betting sites often heavily limit the amount of money you can withdraw at once.
Most of them can’t pay more than the equivalent of $10,000 per month.
Such restrictions are a thing of the past when you use the top Monero betting sites.
Yet, there are XMR sports betting websites that only allow you to withdraw small sums.
This is because they generally don’t have a large amount of money to hand.
The best sports betting sites that accept Monero are different. Stake, for instance, has no cap on withdrawals.
For big-money punters, in particular, the key is to find safe sports betting sites with Monero with no limits on withdrawals.
It is easier to split things into three distinct categories.
Typically, Monero sports betting websites give you bonuses after registration.
At first glance, it seems as if the betting site is being extremely generous.
Is there a catch? Yes.
These bonuses have heavy strings attached.
For instance, you may have to bet up to 60 times your initial deposit before you can withdraw, among other limitations.
To get the best out of your funds, we recommend finding XMR betting websites with a solid VIP program and regular promotions.
Average sports betting sites that accept Monero don’t go out of their way to provide great promotions.
As we mentioned earlier, their preference is to provide restrictive bonuses.
Meanwhile, the best XMR sports betting websites focus on keeping you happy, which means lots of cool promotions.
Besides the fun they add, these promotions can help you increase your balance over time.
Good XMR betting websites usually know the importance of VIP programs with excellent bonuses.
This is a great way to ensure you come back for more.
However, too many companies don’t bother.
When done right, a VIP program can significantly boost the level of enjoyment.
This is why you should choose legit Monero betting sites with high-quality VIP programs that make you feel valued.
There’s no question that Monero sports betting has experienced a surge in popularity.
This is why an impressive number of sports betting companies now let you use XMR to bet on a significant volume of sports and esports.
That’s only the tip of the iceberg; there are also countless markets.
Nonetheless, it’s a grave error to register with any XMR sports betting site without fully understanding the reasons why you are betting in the first place.
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.
By the end, you’ll hopefully know what markets you prefer to bet on and increase your likelihood of success.
This is perhaps the easiest and most commonly used Monero sports betting market.
You have to choose which team/player you think will win the game.
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’s win market gives you the chance to back the home team, the away team, or the draw.
Draws happen in top-level soccer in 25% to 30% of games, making it a viable option usually available at decent odds.
Experienced soccer bettors also know about these two Moneyline variations:
Draw no Bet: If your selection draws, you get your Monero 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.
In several North American sports, games that finish level are decided in 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 Monero betting sites.
Therefore, your wager carries into overtime and wins if your team is victorious.
Despite this fact, it is wise to check the market offered by the Monero sports betting site to ensure it counts overtime wins.
Many sports provide a binary win or lose option because there is no possibility of a draw.
For instance, the game of tennis only finishes when one of the players wins the allotted number of sets.
Consequently, the tennis Moneyline is one of the simplest XMR sports betting markets you can use.
It is normal for each match to be part of a league or tournament.
As the name implies, the outright winner market lets you pick who you think will emerge as the ultimate champion.
It represents an opportunity to win a substantial amount of Monero as most selections are available at relatively long odds.
Certain XMR betting sites also provide an each-way option on their tournament winner markets.
This means you can win Monero if your selection makes it to a certain stage, usually the semi-final or final.
This market relates to the number of scores in a match.
Your mission is to determine whether the event will have more or fewer scores than the ‘line’ set by the Monero betting website.
If you believe the sports betting company’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 XMR sports betting website has the line on a game between Arsenal and Leeds United 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.
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.
If you’re a novice, the next score market is among the simplest to understand.
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.
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 bets where the outcome is resolved quickly.
Most Monero sports betting sites let you bet on each basket or point in a match.
With dozens of scores per match, it doesn’t take long for you to discover if you made a successful bet or not.
It is rare for a sporting contest to be evenly matched on paper, which betting websites know only too well.
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 bet.
Monero betting websites give the weaker team a virtual advantage, and you must determine whether the favorite is strong enough to win with this deficit.
For instance, the Milwaukee Bucks might be available at a handicap of -10.5 to beat the Chicago Bulls.
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 wager on the Bulls with a +10.5 handicap and win XMR if they win the match or lose by a maximum of 10 points.
If you’re looking for something a little more interesting, this Monero sports betting 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.
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 Monero 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 Monero betting website’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.
With the Asian handicap market, betting is no longer a binary ‘win or lose’ scenario.
Most sports events are divided into sections, giving you further wagering 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.
Now, you can judge whether you should bet 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 sports betting platforms.
Although sports such as soccer and basketball involve a team functioning as a unit, you can make bets on individual performance.
Players have hot streaks, and if you can identify this uptick in performance early, you could win Monero.
This market could involve selecting player points, goals, or baskets depending on the sport.
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 wager wins.
Even if the team you select ends up losing, you can still win Monero if you make the right call.
Some XMR sports betting sites allow you to avail of the correct score market in specific sports.
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.
Suppose you wager 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.
As difficult as it is to win on the correct score market, at least you’ll find that XMR betting sites often offer generous odds.
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 betting markets offered by Monero sports betting sites 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 bet.
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.
Furthermore, the available odds on certain markets tend to improve as time ticks by.
Ante-post betting technically relates to any market where the event isn’t due to begin for at least another day.
Nonetheless, you’ll find that Monero betting sites offer odds on events that won’t begin for months.
Experts in this form of betting 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 Monero sports betting website when placing your ante-post bet.
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.
In this unfortunate circumstance, some Monero betting websites will hold onto your Monero even though you had no chance to win.
An ante-post wager means you stake Monero on the winner of an event before it begins.
Many exchanges have policies against sports betting sites with Monero .
You may find your account frozen and your funds confiscated if you’re caught using their website to fund your XMR sports betting site account.
And frankly, these days, it’s easy for them to find out. Surprised? Here’s how.
Top-rated exchanges can track transactions on the blockchain by using blockchain forensics software.
It is very hi-tech stuff, and a few of these exchanges proved it by sending us notifications.
So, what exchange should you use to deposit on sports betting sites that accept Monero ?
The answer is Binance.
Binance is the largest exchange globally, and they allow users to wager on sports betting sites that accept Monero .
Plus, it is also the best exchange by far for many reasons: top security, currency pairs available, lowest fees, fast withdrawals, and much more.
Set up an account on Binance, and you’ll discover that depositing funds and betting on any reputable XMR sports betting website is effortless.
Monero sports betting sites are legal most of the time; however, the exact answer depends on your country of residence.
There are two different aspects to consider: the legality of XMR and betting sites in your country.
Typically, there are greater restrictions surrounding sports betting sites than Monero in the majority of locations.
Still, some good XMR sports betting sites accept customers even from countries where they cannot operate.
Things are even more difficult for regulators as many people use a VPN nowadays to navigate the web more privately.
Yes, you can because of how Monero addresses work. These are created privately by your wallet, and there is no other information that outlines where your Monero are stored or any location you send them to.
Therefore, you can protect your privacy by using a new address for each new payment received. In addition, you can also use multiple wallets for different purposes.
It can take anywhere from a few minutes to an hour if you want your wallet completely secure with a pair of confirmations from the network.
The transactions have to be confirmed on the various Blockchains, which are sometimes overloaded.
In this case, you have to include a higher fee when sending funds for the transaction to be confirmed faster and not stuck in the Blockchain queue.
The withdrawal process goes through the same procedure as when you deposit. However, the majority of Monero betting sites also have to authenticate the action manually.
The quick answer is, ‘it depends.’ A slightly longer answer is that some sites can take several days to certify your withdrawal. Others don’t go through this process to ensure their withdrawals are no slower than deposits.
Bitcoin Cash (BCH)
Binance Coin (BNB)
American Football (NFL)
Football (Premier League, La Liga)
Tennis (Roland Garros)