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This article gives you an overview of the best Monero bookmakers in 2023.
All of these trustworthy sites make it possible to deposit, withdraw, and play with XMR easily.
This article looks at the following aspects of Monero bookmakers:
How to choose them
The best exchanges that don’t prohibit the use of their services because of XMR bookmaker website use in 2023
It’s go time!
The foremost Monero bookmakers in 2023 are Mystake, Fairspin, Jackbit, Chipstars, 1xBit, Drift Casino, Galaxy.bet and 888Starz.
1xbet is an online bookmaker which offers lots of Limbo, Craps, Jackpot, Financial, HiLo, Plinko, Mines, Crash, Dice, Scratchcards, Slots, Lotteries, Roulette, Keno, Bingo, Baccarat, Blackjack, Live Dealer, Video Poker options to enjoy.
This site offers 2200 casino games, 84 sports, and 30 different support languages, meaning you can get everything you need.Read full review
CoinRoyale Casino is an easily accessible bookmaker 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 bookmaker 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 bookmaker 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
Now it’s time to have a look at each of the Monero bookmakers reviews ranked in the table above.
There are definitely some complaints about 1xbet online, but 1xbet‘s representatives try hard to reach a happy ending for the players.
Like most sites of its kind, 1xbet 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.
1xbet‘s support, although not perfect, is better than most of its competitors.
1xbet launches interesting promotions from time to time, making the whole gaming experience better than most other sites.
Excellent Gaming Experience.
1xbet‘s website offers a modern design and is easy to use.
You can not only deposit with digital currencies but also play with the following:
You can not play anonymously on 1xbet.
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 is the creator of Monero. He released it in 2014 in a bid to improve a digital currency user’s level of privacy.
When using Monero, no one else knows any information regarding the amount sent, where you’re sending it from, or who you’re sending it to.
At present, Monero’s market cap is moderate and just enough to rank inside the top 30 digital currencies.
If you’re looking to use Monero in a bookmaker, here are some pros and cons:
Monero is considered the world’s best digital currency for privacy
Although it isn’t the best-known cryptoasset, there is a considerable amount of information regarding Monero online
There is a strictly limited supply of Monero, so it may enjoy long-term growth
Reputable bookmakers that accept XMR are rare
Monero’s high level of privacy is only worthy when using bookmakers that ask for minimal personal details
You can wave goodbye to your hard-earned Monero if a bad bookmaker scams you
Do Monero bookmakers intrigue you, but you’re not entirely convinced yet?
There are countless reasons to give them a try, and here are just a few of them.
There is no middleman involved in Monero exchange.
You don’t have to concern yourself with payment gateways.
Banks and credit cards? Forget about them!
All you need is a reliable VPN to register an account on Monero bookies.
This action means you’re now free to play even if the site normally wouldn’t accept users from your country.
In any case, some end-to-end XMR bookie websites allow punters from almost every country in the world.
Disclaimer: Please note that we do not recommend or encourage illegal activity in any form. You are placing your investment at risk if you use bookmakers that forbid users from your country. For instance, you could have your account frozen, which means you can’t access your money.
Fiat currencies are old-fashioned.
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.
The time of fiat currencies has passed.
In 2023, Monero is what’s taking us into the future of money.
Playing on traditional bookmakers with fiat currencies means you get stuck with fiat.
Fiat currencies are old-fashioned and inflationary.
When using Monero bookies, the amount of XMR you hold will probably increase in value.
You might know that banks don’t appreciate online bookmakers.
We have heard and read many stories where people couldn’t get a mortgage due to their use of bookmakers.
The fact that they only spent small sums on these bookmakers was irrelevant.
Here’s the thing about Monero bookmakers, you can use them without your bank ever finding out. Therefore, your activity remains a secret.
Also, your pastime remains a secret from everyone.
If you’re anything like us, you have had issues trying to deposit money on bookmakers.
The bank froze the account of a team member for a month.
Here’s the reason. He wanted to put money into his bookmaker 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 bookmakers. The bank even sent him an email warning him not to do it again.
Monero ensure that your bank never needs to get involved again.
Financial regulations limit standard bookmakers. This is why they are so slow and inefficient.
The result is that these bookmakers have snail-like transactions, along with mediocre deposit and withdrawal amounts at best.
The best XMR bookmaker websites are mainly regulated by the Curacao Gaming Authority, which means a lower level of financial regulation.
Less financial regulation means fewer limits and faster (sometimes instant) payouts.
We have found a few top Monero bookies that have NO limits on deposits and withdrawals, and you get your money almost instantly. You never get this kind of service from a traditional bookmaker.
That said, it takes time for different blockchains to process your transactions, so please take note of this.
Many online bookmakers 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 Monero bookmaker websites are designed for a modern audience with up-to-date technology.
Ultimately, you benefit from top-notch support, a more attractive range of payments, not to mention bonuses and promotions that make you feel like a VIP in what are safer Monero bookmakers than ever.
You have probably heard a great deal about using crypto on bookmakers, including its pros and cons.
Locating decent sources explaining HOW to use it is another story.
This is why we’ve created a brief guide explaining the steps you need to take when opening a Monero bookmaker and using a crypto asset.
Before we begin, please note this about Monero playing:
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 Monero bookie 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 bookie from our list, you can proceed with registration.
In general, it is a smooth process that takes little time.
We are fast getting to the stage where it is faster and easier to register on a digital currency site than a standard bookmaker.
Read our reviews to see if any XMR bookmaker websites stand out if you value quick registration.
We also recommend checking our reviews for promo codes to get a bonus.
Many Monero bookmakers reward users who deposit using a crypto asset, not to mention the standard new customer deposit bonus.
If you’ve already put Monero into your e-wallet, start depositing if you want to earn a welcome bonus.
If your wallet requires Monero, head to an exchange and buy your chosen asset.
Stick with crypto exchanges such as Binance and Kraken when making a purchase.
This is especially the case if you’re a bettor since these companies don’t mind if you use XMR to play.
Coinbase, on the other hand, is a reputable exchange but is bad for punters.
Using it to deposit Monero into any bookmaker could lead to account closure.
It is also wise to always select the coin you intend to play with on the site.
Failure to do so means extra digital currency conversion costs.
After ensuring you have an adequate amount of Monero, you’re ready to add it to your account.
It is necessary to create a crypto ‘wallet,’ as this is where you keep your currency.
Your preferred levels of safety, security, and freedom of crypto movement determine the type of wallet you should choose.
You have a choice of using a hosted wallet or a non-custodial option, which ensures you’re in charge of its safety.
You need to visit the ‘send crypto’ section to perform the transfer no matter which option you select.
With a non-custodial wallet, there is no third-party site to consider.
This means all the power and responsibility of managing your crypto falls on your shoulders.
For example, once you gain your private key, you must keep it away from prying eyes.
Should someone get hold of your password, they have the power to take all your XMR.
Unfortunately, you also cannot access your crypto if you forget your password.
On the plus side, a non-custodial wallet gives you full control over what you do with your funds.
This enables you to use advanced digital currency activities such as staking, lending, and using it on bookies that accept XMR .
If you want a non-custodial wallet, download an app (such as MetaMask).
After registration, securely record your security key.
Opening an account with a trusted exchange enables you to access a hosted wallet.
A hosted wallet’s major selling point is that the exchange keeps your password stored, so losing it isn’t a big deal.
It isn’t the best option if you want to spend your crypto as you please because the third-party issues restrictions on how you use it.
If you like the anonymity of crypto, the fact that hosted wallets might ask for identification could prove troublesome.
You might also find that the site prohibits the transfer of digital assets to bookies accepting XMR .
Look for the site’s ‘deposit’ section and select your preferred cryptocurrency.
There is a public address associated with your account.
This address is unique to your account, ensuring the operator understands that the funds are coming from you.
Copy this address to your clipboard and triple-check it to make certain everything is correct.
One slight inaccuracy in a transaction could mean the loss of your whole deposit.
Return to the crypto exchange or your wallet, paste the address, and click ‘send.’
While crypto transactions are usually fast, patience is sometimes required when waiting for the money.
Examine our reviews to discover the bookmakers accepting XMR with lightning and sloth-like transaction times.
If you don’t receive your money after six hours, get in touch with the brand’s customer support team.
With crypto at your disposal, go to the site, making sure you enjoy what it has to offer while playing responsibly.
People who enjoy sports playing are moving towards XMR bookmakers with greater frequency.
Let’s investigate the vast range of sports and markets these impressive bookmakers offer.
Monero bookies provide as many sports markets as traditional bookmakers.
Punters now understand that they receive better value for money on XMR bookmaker website markets than almost anywhere else.
Best of all, you have a front-row seat to globally famous events, including:
Soccer: The German Bundesliga, English Premier League, and the Copa America
Tennis: The US Open and the Australian Open
Golf: The Masters and the PGA Grand Slam of Golf
Basketball: The European Championships and the NBA All-Star Game
American Football: NFL and college football action, including the Super Bowl.
Cricket: The Indian Premier League, The Hundred, and the ICC Cricket World Cup
Ultimately, Monero bookies ensure you can get involved in all the tournaments and games that matter.
Additionally, you can play money in play for the opportunity to quickly earn a profit.
Estimates vary, but eSports now attract over 450 million viewers in what is a worldwide phenomenon.
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.
Initially, regular bookmaker companies dominated the eSports markets, but Monero bookies are catching up fast.
Perhaps you can gain an edge if you look into the top performing eSports stars before risking any cash.
There are plenty of important tournaments featuring games such as Overwatch, FIFA, and League of Legends.
Monero bookies tend to offer markets relating to total maps for certain games, not to mention handicap options.
XMR bookmakers are helping promote eSports, so you can expect this form of entertainment to become ever more popular.
Virtual sports are very different from their real-world counterpart because they rely on algorithms to decide the outcome.
The high-quality graphics used are a visual treat and enhance the user experience.
You’re spoiled for choice when it comes to the virtual sports on offer, including cycling, tennis, and greyhound racing.
Everyone who plays Monero on virtual sports witnesses the same outcome, regardless of where they are.
Please note that these events are computer-generated, making them very different from eSports which involve human participants.
As a result, it is harder to win because you can’t analyze any statistical data to help you.
Earning a profit is essentially down to how lucky you are on any given day.
This form of playing is becoming popular on bookmakers with Monero because it enables them to increase the volume of events available.
For example, there is a cricket game every four minutes, and a greyhound race is available every minute!
There is no connection between virtual sports and their real equivalent, which means they are sometimes legal in countries that prohibit other forms of sports playing.
As a result, you might want to try virtual sports if your country says it is illegal to play with XMR on regular sports.
There’s no question that XMR sports playing has experienced a surge in popularity.
This is why an impressive number of bookmaker companies now let you use Monero to play on a significant volume of sports and esports.
If that isn’t enough, there’s a breathtaking number of markets.
Nonetheless, it’s a grave error to register with any bookie that accepts Monero without fully understanding the reasons why you are playing in the first place.
This means learning about the different sports betting markets and what they represent.
This detailed guide discusses numerous popular markets and illustrates how you can 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.
This is perhaps the easiest and most commonly used Monero sports playing market.
All you have to do is select the team/player you think will win the match.
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.
In soccer, the Moneyline offers three choices: Home win, away win, or the draw.
Since draws happen in up to 30% of professional games depending on the league, it is a worthwhile option available at reasonable odds.
Unlike many other sports, you can select one of the following two options on the soccer win market:
Draw no Bet: Your bet is successful if the team you select wins the game, and you get your Monero back if it draws.
Double Chance: You make a profit if the team of your choice wins or draws the game. However, please note that you don’t win any extra money if the team wins.
There is no ‘draw’ in many North American sports because if a game finishes level, it goes straight into overtime.
Basketball, American football, and baseball are three examples of this happening.
You’ll find that most XMR bookmakers 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 Monero bookie website to ensure it counts overtime wins.
Many sports provide a binary win or lose option because there is no possibility of a draw.
Tennis is one of the best examples because a game can’t end until one player wins the requisite number of sets.
Consequently, the tennis Moneyline is one of the simplest Monero sports playing markets you can use.
There are generally large tournaments featuring dozens if not hundreds of games in different sports.
As the name implies, the outright winner market lets you pick who you think will emerge as the ultimate champion.
This is a great market if you want to win plenty of Monero because there are many longer odds options.
Some bookies that accept XMR let you mitigate your risk by letting you back your choice each-way.
With this market, you can win Monero if your team/player gets to the semi-final at least or loses the final.
The over/under market refers to how many scores a game will have.
The Monero bookmaker website will set a ‘line,’ and you have to decide whether there will be more or less scoring plays.
If you believe a particular event will have a significantly higher or lower amount of scores, you can pick one of the alternative lines on offer.
Each sport has its own scoring system, which means this market can vary.
Let’s suppose that the bookmaker accepting Monero has the line on a game between Barcelona and Real Madrid at over/under 2.5 goals.
You would make a play on under 2.5 goals if you’re expecting a cagey game with less than 3 goals and over 2.5 goals if you feel it will be open with 3+ goals.
Alternatively, you could risk money on the over 3.5 goal market if you think a classic soccer match is on the cards.
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.
This is one of the easiest playing markets to understand and is ideal for beginners.
The only thing you have to do is play on whoever you feel will get the next score in the game.
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.
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?
For that reason, you should look into high-scoring sports such as basketball or tennis if you’re seeking fast action when you play.
Most bookies that accept Monero 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.
Most sporting events have a clear favorite, so bookmakers must adjust accordingly.
They react by ensuring the odds on the favorite as so tight that most players won’t place a play.
Thankfully, you can fall back on the spread to get better odds for your play.
Bookie websites that accept XMR 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 back the Bucks on the above spread, they need to win by 11+ points.
Conversely, if the Bulls are +10.5 and you play on them to win with the handicap, you earn Monero if they lose by 10 points or less.
If you’re looking for something a little more interesting, this Monero sports playing market of Asian origin is worth consideration.
While it is more complex than the typical handicap market, it tends to provide better value bets.
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 markets above work similarly if you decide that Everton will fare better than the Monero bookie website’s odds suggest.
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.
Check out these markets if you take your gambling seriously and want to make your money last longer.
The Asian handicap market shows that playing isn’t necessarily a zero-sum ‘must-win or lose’ pastime.
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.
Now, you can judge whether you should play on the team of interest scoring heavily or winning the match.
It is worth performing additional research to see if any particular team/player shows strengths or weaknesses at certain periods of matches.
Although sports such as soccer and basketball involve a team functioning as a unit, you can make plays on individual performance.
Players have hot streaks, and if you can identify this uptick in performance early, you could win Monero.
Depending on the sport you choose, this market can relate to goals, points, or baskets.
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 play wins.
Even if the team you select ends up losing, you can still win XMR if you make the right call.
Depending on the XMR bookie and the sport, you could have the opportunity to use the correct score market.
Winning involves accurately predicting the event’s final score.
Tennis is one of the easier sports to predict since there are only a limited number of potential scorelines.
For example, in a best of three sets match, the only choices are 2-0, 0-2, 2-1, and 1-2.
In contrast, predicting the correct score in soccer is difficult because of the vast number of possible results.
Without detailed research, there is little hope of achieving success.
The difficulty involved in winning on the correct score market is reflected in the long odds offered by Monero bookmakers.
Setting aside time to watch a match live could help you make money.
The number of playing in-running markets offered by Monero bookmaker website is incredible, though you need to act fast!
Bettors reluctant to commit to a play pre-match can see how things are going to discover if their initial assumptions are confirmed.
If you’re an expert in any given sport, you might know the likely outcome shortly after the game begins.
Also, specific markets are almost guaranteed to provide better value odds as the game proceeds.
Technically speaking, ante-post playing involves events set to take place at least a day later.
Nonetheless, you’ll find that bookies with XMR offer odds on events that won’t begin for 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.
Of course, there is always the risk of getting it wrong, and the odds of your selection get even longer.
Moreover, before making an ante-post play with any bookmaker website that accepts Monero , analyze its terms and conditions.
There’s a possibility that your play 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.
Then, he withdraws from the tournament due to injury.
Depending on the bookie accepting Monero , you might lose all of your Monero.
An ante-post play means you stake Monero on the winner of an event before it begins.
Here are some essential factors when looking for the best Monero bookmaker.
Punters are generally unaware of this aspect, even though this is the very first one you need to look at.
This isn’t an issue if you use legit Monero bookmaker websites because most of them won’t permit you to register, let alone add funds if you come from a country where its service is prohibited.
Unfortunately, this isn’t always the case. Some low-grade XMR bookmaker websites enable you to register and put money into your account, and all seems well until you enjoy some success and try to withdraw the money.
At this stage, such Monero bookmaker websites will ask for verification. But, of course, once you try to go through the process, you’ll find that you can’t use the site legally and lose all your money as your account is blocked.
This is why you must stick with Monero bookies that allow people from your country.
If you decide otherwise at your own risk, make sure you play on trustworthy and legit Monero bookmakers that allow for more anonymity.
Good Monero bookies that act fairly and will likely return your funds if they catch you.
Stake is one such site.
When choosing your Monero bookmaker, there is another issue to consider.
Monero transactions are fast, cheap (most of the time), and there’s no central authority behind them.
However, there is no going back with XMR transactions.
Since there’s no central authority involved, don’t expect to get your funds back if you get scammed.
That’s why reputation and ethics go a long way with Monero bookie websites.
Our assessment of the best XMR bookmakers therefore includes a particular focus on their reputation.
Check out our Monero bookmaker reviews if you’re unsure about the safe Monero bookies you can trust.
We divide these benefits into three parts.
Most XMR bookie websites offer welcome bonuses.
At first glance, it seems as if the bookmaker is being extremely generous.
However, you’ll usually find that these bonuses aren’t as good as you first thought.
These bonuses have heavy strings attached.
Many of them include playing requirements (generally 30x to 60x your deposit) and have very restrictive terms.
Therefore, you should focus on Monero bookies with valuable promotions and VIP programs. These benefits are usually far better than any welcome bonus.
Most traditional Monero bookmakers are very stingy with their promotions.
Instead, they focus on bonuses because they know most people will never meet the requirements.
On the other hand, the best Monero bookmaker websites like to keep things fresh for punters, and unique promotions are part of this strategy.
These promotions not only keep the game fun, but they will also add a lot to your balance at the end of the month.
Good Monero bookmakers usually know the importance of VIP programs with excellent bonuses.
Otherwise, how do they keep punters interested?
Yet, a large number of sites fail to offer anything resembling such a program.
VIP benefits, just like great promotions, will add a lot of fun and rewards.
As a result, we urge you to look for legit Monero bookmakers with outstanding VIP rewards. The best sites will reward your loyalty.
Yet another critical aspect of XMR bookmaker websites is how they handle withdrawals and deposits, not to mention means of payment variety.
There is a disparity in the range of deposit and withdrawal methods available on bookmakers.
For most punters, having multiple ways to deposit money is an important consideration.
One of the big attractions of Monero bookies is the prospect of a rapid withdrawal.
You might require quick access to your Monero so you can transfer to a different XMR bookmaker website or make a fast trade.
Some Monero bookmaker websites will process your withdrawals within a few days, while others will process them instantly.
In general, when it comes to withdrawal speed on XMR bookmakers, faster is better.
Standard bookmakers keep maximum withdrawal limits low.
It isn’t easy to find one that lets you withdraw over $10,000 a month.
Top Monero bookmaker websites don’t have important restrictions.
Yet, there are Monero bookmakers that only allow you to withdraw small sums.
Why? Because they can’t afford to pay significant amounts of money in one go.
In contrast, the best Monero bookmakers let you withdraw as much as you want. Stake falls into this category.
For big-money punters, in particular, the key is to find safe Monero bookies with no limits on withdrawals.
Just like with any other XMR bookie , you want to pick those that offer the best:
Range of sports and events
Variety of lines available for each event
However, don’t automatically assume that Monero bookmakers with a decent sports offering are good Monero bookmakers.
After all, you could find Monero bookmakers with incredible sports offerings that will scam you.
To identify the best offers, we recommend registering with several legit Monero bookmakers.
From there, compare their offers for each sport and event that interest you.
But keep in mind that the availability of Monero bookmakers in your country and their reputation are the most important factors to consider before you deposit your Monero.
Standard bookmakers that allow the use of Monero and end-to-end Monero bookmakers are entirely different.
If you deposit XMR on standard bookmakers, they will turn it into fiat currency whether you like it or not.
The same will happen when you withdraw (if they offer XMR as a withdrawal method); they will convert your fiat back into XMR.
In the end, you have to pay fees for each transaction, and you’re stuck with fiat currency on the site rather than XMR.
If you strongly believe in Monero, it makes no sense to convert them into fiat. Therefore, you should stick with end-to-end Monero bookies.
These types of Monero bookmakers let you deposit or withdraw with a massive number of digital assets.
But most importantly, they allow you to play with XMR directly.
End-to-end bookies with XMR 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 bookmaker websites with Monero .
Just because these Monero bookies CAN give you these benefits, it doesn’t mean they WILL.
We can tell you that the top Monero bookies provide the majority of these benefits.
Without a high-quality customer service team to contact, you’ll become frustrated if you have any problems.
This point is even more valid for beginners on XMR bookmaker websites.
We provide you with crucial information on each site’s customer service standard on our review of the best Monero bookies in 2023.
Even though it’s important to become an expert in sports markets, this is not your only concern.
If you don’t also understand what playing odds mean, you have no chance of making a long-term profit.
It doesn’t matter how much research you perform into sports markets; success will elude you if you take the wrong odds.
Every Monero bookie website has a house edge on each market you play on, and it is usually at least 3% but can increase to 30% depending on the market.
Your ultimate goal is to discover ‘mistakes’ in the odds occasionally made by bookmakers.
Value playing experts forensically examine each market to discover that elusive edge.
For instance, suppose you believe that Man United’s percentage chance of beating Arsenal is 30%.
Ask yourself this question: If the bookmaker accepting Monero offers a price of 2.50 (in decimal odds) for a United win, is it value or not?
Absolutely not! According to the bookmaker company, United has a 40% chance (100/2.50) of winning.
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!
In simple terms, a betting tissue enables you to develop your own odds for any event.
However, don’t even think about making one until you know more about the different types of sports playing odds.
Unfortunately, few people can correctly calculate playing odds, so we’ve created a quick guide featuring the three most popular types.
In the United States, bookmakers with Monero that offer American odds have a minus or plus sign before a number.
The sign’s purpose is to inform you whether your profit in XMR is larger or smaller than your play size.
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: If you play $100 and win, you earn a $110 profit
+150: The potential total return from a $100 play is $250
+300: If you take a risk at these odds with a $100 play, you’ll be rewarded with a profit of $300 should you win
-110: This odds on this play means a $100 stake would return $190.91 in total
-150: A $100 play at this short price means a profit of $66.67 if you win
-300: This is a short-priced play, so a win with a $100 stake equates to a profit of $33.33
In Europe, decimal odds, the simplest form to understand, is the most common format.
Multiply the amount of XMR you intend to play by the decimal odds of your selection.
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 the England versus Sweden game, the Monero bookmaker 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.
You’ll know this type of betting odds by the famous slash that appears 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.
Therefore, if you play $10 worth of XMR at odds of 6/1, you would win $70 if successful, for a profit of $60.
The figure on the left-hand side is the profit you’ll earn if you play the amount of money staked on the right-hand side.
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 play should the Titans win.
Of course, you have to include the Monero you staked to determine the full payout.
If you don’t like a particular odds format, the Monero bookie you use should let you switch to another one.
Many exchanges have policies against Monero bookmakers.
You may find your account frozen and your funds confiscated if you’re caught using their website to fund your Monero bookie website account.
Believe us; it is simple for them to get this information. Want to know how? Let’s find out.
The leading exchanges utilize sophisticated blockchain forensics software to identify relevant blockchain transactions.
And the software is very efficient, to the point that we already received notifications from a few exchanges.
So, what exchange should you use to deposit on Monero bookmakers?
The answer is Binance.
Binance is the largest exchange globally, and they allow users to play on Monero bookmakers.
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 playing on any reputable XMR bookmaker is effortless.
Monero bookmakers are allowed in most countries. However, you need to check your country’s rules to know for sure.
There are two different aspects to consider: the legality of XMR and bookmakers in your country.
While Monero is generally okay to use, it is a different story when it comes to bookmakers.
Still, some good Monero bookmakers accept customers even from countries where they cannot operate.
If you have a VPN, your transactions are out of the glare of a centralized authority, which means regulators have their work cut out.
Your wallet creates Monero addresses which are the only information available that outlines where your Monero is and where you are sending it. The anonymous nature of Monero means it is very popular with punters.
As a result, you can maintain secrecy by using a new address every time you receive payment. Another tactic is to use several wallets, each one for a different reason.
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.
Withdrawing XMR is much the same as depositing them, but in most cases, XMR bookmaker websites also have to certify the task 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.
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