Bitcoin Football – Comprehensive Guide for BTC Betting

Thanks to the creation of cryptocurrencies Bitcoin football betting has become a trend for online casinos. Bookmakers accepting bets in bitcoins began to appear with enviable regularity. It is completely legal to bet on football with BTC, however, it can be different according to a particular country’s law.

Bitcoin is currently the most popular electronic currency in the world, for which you can buy goods or pay for services, as well as exchange for real money.

Bitcoin bookmakers offer their clients a unique opportunity to bet in cryptocurrency, that is, in Bitcoins. It’s quite a popular way to bet on sports and usually the only way.

It should also be noted that there are additional features and perks for people who use BTC to bet. First of all, it is a bonus and a promotion. Some online casinos are willing to offer players a deposit bonus if they use Bitcoin. Rarely, there are even no deposit bonuses. At the same time by making a bet on football with Bitcoins customers are able to win different prizes.

It is very convenient for players to bet on Bitcoins because transactions occur instantly, some bookmakers are allowed to play on bitcoins without registration. Thus, the player remains anonymous.

On the other hand, not all casinos accept bitcoins, but only in those countries of the world where Bitcoins have legal status.

As of 2020 Bitcoin betting on football is completely legal. However, some countries have determined the status of Bitcoin:

Country Legality
United States 24/50 States
India 4/29
New Zealand Legal
South Africa Legal
Australia Legal
Malaysia Illegal
Canada Legal

Recommended BTC Casinos for Football

Take a look at the best Bitcoin football betting websites, that offer a wide selection of the best leagues and different betting possibilities. Get promotions as soon as you start betting.

CloudBet

CloudBet Review – The Best of The Best?

Deposit Bonus

100%

Sports Betting

Yes

Free Spins

No

Games

9/10

Vip Club

No

Unique Feature

60+ Markets in-play

Stake

Stake Review – 40+ Sports to Bet On

Deposit Bonus

No

Sports Betting

Yes

Free Spins

No

Games

8/10

Vip Club

Yes

Unique Feature

Weekly Jackpot

ThunderPick

ThunderPick Review – Competitive eSports and Sports Odds

Deposit Bonus

100%

Sports Betting

Yes

Free Spins

No

Games

6/10

Vip Club

Yes

Unique Feature

Gift Card Giveaways

GGBET

GGBet Review – A Sportsbook That is Worth Betting With

Deposit Bonus

120%

Sports Betting

Yes

Free Spins

No

Games

6/10

Vip Club

No

Unique Feature

eSports

22BET

22Bet Review – A Place for BTC Bettors

Deposit Bonus

100%

Sports Betting

Yes

Free Spins

No

Games

10/10

Vip Club

No

Unique Feature

Multiple Payment Options

Sportsbet.io

Sportsbet Review – BTC Sportsbook Welcoming Americans

Deposit Bonus

No

Sports Betting

Yes

Free Spins

No

Games

6/10

Vip Club

Yes

Unique Feature

Fantasy Sports

Betonline.ag

Betonline.ag – BTC Casino for USA Players

Deposit Bonus

Yes

Sports Betting

Yes

Free Spins

No

Games

6/10

Vip Club

Yes

Unique Feature

Fast Deposits

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How To Bet on Football With Bitcoins

Betting on football with Bitcoins works pretty much the same as traditional betting. Imagine a bookmaker which offers various possibilities on a particular match, where you have to choose one and bet your money. This is the same with BTC football betting – only the difference is that you use cryptocurrency instead of fiat money.

Here are the things you should consider before you start betting:

Bitcoin football betting sites

Find a Good Site

Sometimes it is the hardest part. Crypto gambling is still a fresh thing and not a lot of websites offer users the possibility to bet with Bitcoin. Some of them are fraudsters and oriented to deceive their customers. The reliability and feedback of the community are important. In this way, you can assess the quality of services provided by the resource. You will be able to understand how conscientious and reliable is the crypto bookmaker. At the same time, you should pay attention to the license and the period of time the crypto bookmaker has been in existence.

Check Availability

Availability is another key indicator that requires specific attention. Some bookmakers that exist online only allow particular countries. For instance, if you are from the United States, you may not be allowed to make Bitcoin football bets at a particular casino. It happens very frequently when casinos limit betting possibilities for individual states. This information is usually available at the bottom of a casino’s website, but you can also see it in official documents.

Get a Crypto Wallet

BTC football bettingIf you do not have a crypto wallet, it will be impossible to store your virtual currency. Most of the time people use Blockchain Wallets, but there are other ones that are widely used.

In fact, any cryptocurrency wallet is only two digital codes, but the developers took care of the users and provided several solutions for the convenient use of codes.

Each wallet has its own level of security, which mainly depends on its type and service provider. All crypto wallets can be divided into two main groups: Hot and cold wallets. “Hot” storage – save private keys with an Internet connection, which provides easier access, but adds vulnerabilities to hackers. It is widely used for Bitcoin soccer betting.

“Cold” storage – private keys are stored without access to the network. Operations require pre-preparation, but you can be calm that outside the Internet hackers will not be able to get to the private key.

Register

As soon as you get a crypto wallet you are ready to register on your chosen crypto bookmaker. The first thing you need to do is signing up. It is traditional and simple on almost every website. You should provide your working e-mail and then validate it.

As soon as you create your username you should provide a password, choose your country and verify your ID. In some cases, you are required to provide your wallet address in advance, but later you can add it without any problems.

Bitcoin football bookmakersWhat You Can Place Bitcoin Football Bets On?

As is the case in regular bookmakers, Bitcoin football is no different, in terms of the betting options that are offered. It could be a draw, total goals, fouls, live matches, etc. Let’s review one of the most popular options that users tend to bet Bitcoins on.

Result of the match

This is by far the most popular option that in both traditional and crypto bookmakers. There are 6 available options when it comes to the result of the match:

  • 1st team wins;
  • 2nd team wins;
  • Draw;
  • 1st team wins or draws;
  • 2nd team loses or draws;
  • One of the teams wins the match;

Depending on which teams are playing the odds are different. If a weak team is playing against a strong team then the odds for a stronger team are low and of course, if you guess the result on Bitcoin football betting sites, the winning will also be lower.

Number of goals

Another very popular option preferred by crypto players. There are 2 possible outcomes when it comes to the number of goals in a match:

  • Over 2.5
  • Under 2.5

The first option means that if 3 goals are scored in a match then a player is the winner if he had placed the bet on this option. If under 3 goals are scored – he loses.

It is a perfect option for instances when two attacking teams are playing each other. Some casinos also have over 3.5 goals. In this case, the odds are higher as well, but the chances are lower.

Live

You can place the bets before the match starts, but with the development of online casinos, the function of “live” playing has come into existence. It is particularly popular for football betting with Bitcoin. The name explains itself. We have talked about two popular types which are a number of goals and the result of the match. In life, everything remains the same. However, odds change all the time based on the process of the game. You are not limited to placing bets on live matches.

Correct score

This is probably the hardest one to guess, but still, players are always paying attention to this option. Basically, you should guess the exact score of the match. If you manage to guess it correctly then you will earn an incredible amount of money.

Different scores have different odds. If the score looks unrealistic then the odds are higher. But usually, players choose the most adequate options.

Why Place Football Bets With Bitcoin?

Pros Cons
Fast Transactions Tax
Withdrawal Time Tedious Exchange
Privacy High Risk
Play from Anywhere Low Variety of Platforms

Fast Transactions

Bitcoin football betsOne of the most important advantages of Bitcoin football bookmakers is the ability to quickly deposit and withdraw cryptocurrency. Banks can take several days to transfer, and Bitcoin will appear in your account in a few minutes. In the case of large amounts, this can take up to an hour.

The replenishment and withdrawal of funds in sports betting through cryptocurrency happen quite quickly. No commissions are charged.

To withdraw money from a bookmaker’s office, you need to transfer your Bitcoins from the bookmaker’s office to your personal wallet. As with replenishment – specify a personal bitcoin address (you will find it prominently in the bitcoin wallet). You will need to copy it so that the bookmaker uses it to send Bitcoins.

The speed of transactions is one of the key factors when it comes to the advantages of Bitcoin betting. Customers do not like when they are forced to wait for a long time, so crypto betting on football is a perfect resolution for this.

No Commission

Bitcoin is a cryptocurrency that does not require additional costs, unlike fiat money. If you have a certain amount of money on your deposit you can withdraw it instantly and at the same time, no commission fee will be charged, which is an excellent thing. With fiat money, casinos have certain regulations, but with Bitcoin they are absent.

You still might come across a website that requires a commission fee for withdrawal, but it is so minimal that hardly you will notice it. But the number of such casinos is low. The same goes for depositing your Bitcoins. No additional charges are required to start betting.

Volatility

Volatility shows the price difference of a certain financial instrument over a certain period of time. Volatility is often associated with the level of risk of trading a particular asset – the higher the volatility, the riskier trading. It also exists in BTC betting.

Therefore, it is very important to understand the importance of volatility of Bitcoin and other cryptocurrencies, if you intend to start betting with Bitcoin.

Volatility is an incredible thing to maximize your winnings on online casinos. Imagine a situation when at one period of time the price of Bitcoin is $5000 and after some time – $6000. It means that you can significantly increase your amount of money. Volatility could be considered as a disadvantage but in this case, it gives you the possibility to earn a lot of money.

Crypto GOOOOOOOAL!

As we can see, sports betting can bring a significant income in a short period of time and are an alternative method of earning cryptocurrency. However, it should be clearly understood that you came not to play, but to earn money. Therefore, BTC football betting should be made based solely on a match and game analysis based on statistics, trends, and expert opinions.

The main tool of a professional player is a bookmaker’s office. It should be selected carefully, giving preference to stable paying profit services, with a good reputation and licensed activities.

Also, in order to become a professional player, you should learn how to properly allocate your capital. Do not put everything on the outcome of one match. It is better to make several bets with different possible outcomes. So, even if you make a wrong prediction, you can repay the investment. If we talk about bitcoin bets, it is a method that ensures maximum simplicity and security of the game, and in the long run, and a way to increase the winnings.

FAQ on Bitcoin Football Betting

How do you use Bitcoin to bet on football?

First of all, you should choose a website and go through the registration process. If other sports are also available then you should choose football from the list. After you select football you should choose a country and the league on which you want to place your bet. After you are done with selecting then matches will be available where you will be able to place a bet on a particular outcome. Finally, you are ready to place Bitcoins and execute the bet.

Do all crypto bookies offer football betting?

If there is a crypto bookmaker almost 95% of the time it will have football betting available for customers. It is usually the most dominant type of sports on the list. However tennis, basketball, hockey are available, but according to statistics crypto players bet the most on football and it is not a surprising fact, because the latter is considered to be the most played sport in the world.

How good are the odds when betting on football with Bitcoin?

Odds in comparison to usual bookmakers are almost the same. You will not really notice the difference. The only thing is that you make bets with Bitcoin – that’s all. From casino to casino there might be little changes in the odds, but overall it does not affect the betting process. For example if the odd is 1.2 for total goals in a particular match in Bitcoin betting it could be 1.19 or 1.21.