Bitcoin Sportsbook Explained

Betting on sports is something that has been around for centuries. In the early days betting was conducted by bookies that offered services locally and people could participate at will. When the sports became organized and regulated, the betting also followed the path and it became possible to officially wager on the sports of any sort.

First, it was the physical establishments that offered sports betting, later it all moved online, through the introduction of the internet in the early 90s. Today there are prominent Bitcoin Sportsbook websites that offer easy access to betting on your favorite sports. While they offer mostly the same services as usual online wagering websites, BTC Sportsbooks still bring unparalleled advantages to the table.

How to Bet on Your Favorite Sports using Bitcoin Sportsbook?

In essence, betting on sports via the Bitcoin Sportsbook is the same process as in physical and classic online form. You’ll get the list of ongoing or future games and matches and you can pick your winners according to your preference. You can easily bet on winners, scores, players and other individual characteristics that different sports offer.

After you conduct your bet slip, the only thing to do is place the bet using your crypto wallet and wait for the results. There’s nothing complicated to it, it’s all about the thrill of the game and the adrenaline that comes with it, that produces only the highest levels of fun.

Types of Sports

Bitcoin Sportsbooks of the highest-ranking crypto casinos in the world, like FJ, offer an almost infinite number of available sports in their selection. You can easily bet on your favorite games and matches from sports such as; Football, Basketball, NFL, Hockey, Tennis, Boxing, MMA, Golf and many more.

All of these games and matches have different categories you can bet on. For example, in football, you can wager on the winners and losers, how many goals are going to be scored.

Also, shots on target, corner kicks, saves, possession percentages and infinitely more characteristics. The same goes for the other sports and their unique statistics that can be used to make bets.

Higher odds and coefficients of Bitcoin Sportsbook

Where BTC Spostbooks truly differentiate from the competition, are the higher odds and coefficients they bring to the table.

Since these websites are relative newcomers to the world of online gambling, they have to provide better value compared to the established counterparts. That’s why the odds are significantly higher and the winnings will be so as well. Where classic sportsbooks have for example 2.4 Coefficient on any game, the BTC alternative will provide the same game with the odds of approximately 2.5-2.7.

This attracts tons of betting enthusiasts around the globe and once they understand other advantages of the Bitcoin Sportsbook, there’s absolutely no going back.

Higher Speeds and Security of Bitcoin Sportsbook

So, what are these so highly coveted advantages?

Another aspect that BTC Sportsbooks have significantly improved are the speeds of transactions and security during the gameplay. All this was achieved through the blockchain technology and the implementation of cryptocurrencies into the services of the BTC Sportsbook.

The reason behind this is the fact that cryptocurrencies take only minutes to complete transactions compared to the standard betting websites that use banks and other financial institutions that take days to finalize monetary transfers. Because of the decentralized design of cryptocurrencies and blockchain technology, it’s impossible to track players and perform any type of fraud against them.

Cryptocurrencies leave players absolutely anonymous to any unwanted attention from the criminals, governmental institutions and banks. This is yet another heavy advantage procured by the Bitcoin Sportsbook!