Betting on NFL has always popular among players and many online sporsbooks, thanks to the emergence of cryptocurrencies, are slowly introducing Bitcoin NFL betting alongside other types of sport. American football is primarily widespread in the United States with the NFL being the most popular league in the world. Throughout the guide, we will mention it as American football in order not to mix with traditional football.
Betting on NFL with BTC is generally legal. There is no single rule that would prohibit gambling on this sport. However, in different countries and jurisdictions, there are laws that do not allow betting.
Bitcoin has enter crypto betting rapidly and the NFL has been no exception. Actually, the world’s largest cryptocurrency has various advantages over traditional betting. Most of the time BTC is the usual way to bet on sports, even though there are other options. People who bet Bitcoin on the NFL have the opportunity to be eligible for different bonuses and promotions. Such promotions include the NFL crypto betting bonus as well as a chance to challenge others and get huge prizes.
BTC has opened a gate for new technologies and introduced different approaches to betting. With it, players are able to remain anonymous and conduct transactions in no time, without additional waiting. Furthermore, the NFL is a perfect fit for crypto and is actually simple.
NFL betting with Bitcoin is possible without any problems. Here is the list of some countries where NFL betting is legal:
|United States||24/50 States|
Don’t miss a chance to check out the best bookies here that allow BTC betting on NFL. These betting sites have proved themselves to be one of the most renowned operators in the BTC betting industry. Check them out below and get more information
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Betting on NFL with Bitcoin might seem difficult at the first glance, but it is fairly easy. Compared to usual betting you only use BTC for betting and not traditional money. At the same time, to start NFL betting with Bitcoin you need a crypto wallet where you will store your Bitcoins.
The Bitcoin gambling industry is still a new discipline. Compared to regular online sportsbooks it appeared approximately 6 years ago, which means it is gradually developing. Finding a decent website could sometimes be a problem because there are not many operators that specialize in Bitcoin sports betting.
A good site usually offers a wide variety of sports including the NFL. Sometimes the latter is ignored by most of the operators, because of its lack of popularity. At the same time, you should pay attention to the period of existence of a BTC sportsbook let alone terms and conditions that it offers to players.
The next thing you have to make sure of, after finding a website for betting on NFL with Bitcoin, is the status of available countries. Almost all BTC bookies have a special list of such countries, from which they do not accept players. Generally, it varies from sportsbook to sportsbook. Keep in mind that this information is available in official documents.
Rarely this information is also available in the Frequently Asked Questions section. If you are still not sure whether you are eligible for playing on this sportsbook. or not you can always contact an operator directly and determine legal status.
A crypto wallet is a piece of software, a tool, that keeps track of the secret to digitally sign cryptocurrency transactions. In simple words in BTC gambling, it is essential to possess a crypto wallet in order to deposit and withdraw funds. A lot of websites offer a crypto wallet. You are equipped with a unique address which you should use for transactions and Bitcoin NFL betting.
There are 2 types of a crypto wallet: hot and cold. The first one is connected to the internet, while the second is not. Generally speaking the latter is more useful in terms of security, but for betting, you can use both of them without any problems.
After finding a website you should go through the registration process. It is pretty easy to create an account on a BTC bookie and is not different from regular sportsbooks. The first thing that you need to click on the Sign-Up icon, which usually is at the top right corner of a website. After that, you will be redirected to a form, where you should write all of the necessary personal information. It includes your username, date of birth, country of residence, working e-mail.
Make sure the e-mail is active because after the registration you will get a letter on it. Without activation, you will not be able to start American football betting with Bitcoin.
Bitcoin betting on the NFL is accepted in pre-match and live. Most bookmakers try to create optimal conditions for players. The top-of-the-match NFL league is the Super Bowl, which attracts tens of millions of viewers from around the world each year. More often players place bets on this tournament. You can generally place bets on the final result, total, and handicap.
American football is an unpredictable sport. Here the situation can change in fact in one attack. Therefore, bets on the outcome in this sports discipline have the same risks as betting on the handicap. But, still, it is preferable to choose outcomes. There is no draw in American football, and this greatly simplifies the task of players – it is necessary to predict the victory of one or the other team.
But here, before you bet with Bitcoin on NFL, we should rely on a number of factors: the current form of the teams, their personal meetings, the presence of injured players. And besides, there are a number of secondary factors that can have an impact on the outcome of the match. So, the outcome odds in the NFL need to be approached very carefully, thoroughly weighing the chances of both teams.
In addition to betting on the outcome, bookmakers offer bets on handicap. Handicap is the difference of points scored by one and the other team throughout the match. Favorites are given a minus handicap, and outsiders – a plus.
But in American football bookmakers can offer so-called teasers. This is a combined bet on three or more teams given the odds. For example, in the main line of odds bet on the match: Chicago (6) – Atlanta (-6). In BTC NFL betting, you can take Chicago with a handicap of 9 or Atlanta with a handicap of -3. In principle, this is a tempting offer, but do not forget about the unpredictability of the sport.
Recall that if the bets on the outcome have quite large risks, the bets on the handicap are even riskier.
Along with the bets on the handicap, you can bet on total points in the match. The total is the sum of points scored by both teams throughout the match. Given that American football is a strategic sport in which it is not so easy to break through the defense of the opponent, matches rarely get effective. Although, a lot of things also depend on the current mood of the clubs and the presence of injured players.
But, in principle, the total can be calculated, focusing on the specifics of the teams. In NFL Bitcoin betting paying thorough attention to details is necessary. If there are two clubs whose defense prevails over the attack, then it is advisable to consider bets on total less, as it is unlikely that the coaches will change their tactical scheme, and suddenly bet on the attack.
Bookmakers diligently offer players just a huge amount of bets on American football. You can predict the outcome, handicap, and total of the first half or half of the match, play a smaller or greater value of the odds or total, the individual total of each team. In general, the volume of offers is quite large, which allows you to make adjusted bets.
Bitcoin as we have already revealed above offers notable advantages over traditional betting. Usually, the main benefit is a high speed of transactions and withdrawal time, anonymity, and the possibility to bet on NFL with BTC from any part of the world. At the same time, Bitcoin is considered an investment because of its rapid change in value.
|Withdrawal Time||Tedious Exchange|
|Play from Anywhere||Low Variety of Platforms|
An important feature of Bitcoin, which led to its popularity, is the decentralized nature of this payment system. In other words, Bitcoin is not under the control of the state, organization, or individual. There is nothing in Bitcoin that can control the data. Moreover, all data on this network is publicly available. It is almost impossible to change them.
Unlike traditional financial systems, Bitcoin does not require you to be authenticated by passport data. You are your address in the Bitcoin network. You can get as many addresses as you like. The ability to make financial transactions will depend only on whether there is enough money in your account. And by the way, anyone can calculate the state of your account, but can not know anything about you, except the history of transactions and the address of your wallet.
Transactions in Bitcoin American football betting are extremely fast. Usually, the funds can appear on your account within 5 seconds. This is a huge advantage in regard to withdrawal time as well, which in most of the traditional bookies could take up to 1 working day. With Bitcoin everything is instant and you do not have to wait for a long time.
Another advantage over traditional payments is the absence of additional commissions. You are not charged extra money when you are withdrawing funds from your personal account. In regular sportsbooks, there is a particular commission fee when you are taking out your winnings. In the case of Bitcoin, you are completely free from it.
In simple words, volatility means how fast the price of an asset changes. Bitcoin and every other cryptocurrency are considered volatile assets because they change rapidly – almost every minute. One day it can be $10,000 and the next day – $15,000. In NFL crypto betting it is a huge advantage. Because of its volatility Bitcoin is an excellent investment for making more money. Even though it is a double-edged sword and can harm a player most of the time the latter is able to take the maximum of it.
We have finally come to the main part of our guide – why should you start betting on NFL with Bitcoin? First of all, we have already underlined the main advantages of cryptocurrency, which are anonymity, speed of transaction, and total security. Being one of the most popular sports in the United States, American football is known for its wide variety of betting options. As soon as you start betting with BTC on NFL you get a chance to be involved in various promotions.
The number of BTC sportsbooks offering sports betting has grown notably in the recent period and shows no signs of slowing down. It is a completely new approach to the gambling industry and without a question, this trend will only gain a foothold in the future.