Are you looking for a way to bet on your favorite sports games without having to leave your comfortable home? Well, look no further than the world of crypto sports betting! These books allow you to wager on sports games using crypto currency, which is a form of digital money.
They offer some great benefits that traditional sports betting sites don't. In this blog post, we will explain what is a crypto sportsbook, and then go over the best ones on the market today.
We will also provide tips on how to choose the best one for you, based on your specific needs. Finally, we will include a list of our top-rated crypto sportsbooks so that you can get started quickly!
What is a crypto sportsbook?
Many people are curious about crypto sportsbooks, but are unsure of what they are and how they work. A crypto sportsbook is simply an online betting platform that uses cryptocurrencies. This means that all transactions are recorded in real-time, and that cryptocurrencies are protected by cryptography.
This makes them an ideal choice for bettors who are looking for high levels of transparency and security. Before placing any bets, it's important to do your research and find the best crypto sportsbook for you. Some factors to consider are the types of sports you're interested in, the deposit and withdrawal options, and the customer support available.
Factors to consider while choosing a crypto sportsbook
Choosing the right crypto sportsbook can be daunting, but it's important to take the time to research the options. There are a variety of sportsbook options available, so it's important to find the right one for your needs. First and foremost, it's important to look at the variety of games offered by each sportsbook. Then, make sure the fees and bonuses are worth it before signing up.
Consider your reason for choosing a crypto sportsbook - maybe you're looking for a safe and secure sportsbook that offers great customer service, or one that offers unique betting opportunities. Later on in this article we will breakdown these factors into 5 important points to consider.
What are the benefits of using a crypto sportsbook?
Security and Privacy
Cryptocurrency offers privacy levels that traditional currency does not, which is one of the most important advantages in its entirety. Since cryptocurrencies are unregulated, bettors have more say over their money while gambling on sports.
Higher Betting and Withdrawal Limits
Most sportsbooks allow gamblers to make larger bets and withdraw larger sums of money when they bet with crypto, but this will vary from one book to the next. While you still need to use common sense, if you have the funds to spend and don't want to be bound by betting limits, crypto is frequently the way to go.
Faster Transaction Speeds
Betting with cryptocurrency is quicker than with other types of money, thanks to crypto betting odds. When it comes to completing transactions quickly, the majority of online sportsbooks are pretty good, but when it comes to withdrawing money, banking and security rules can slow you down.
You may, however, deposit the cryptocurrency of your choice and begin betting as soon as it is in your digital wallet. Sportsbooks, on the other hand, can instantly transfer your winnings to you.
All the time, online sportsbooks have bonuses and discounts. While there are several that are open to anyone who wants to bet, others are restricted solely to those betting with cryptocurrency. Bonus income may be just a matter of finding the right place to look, as long as you stick with crypto when betting.
The Best Crypto Sportsbook - Our Top-Rated Five-Point Criteria
If you're looking to bet on sports, then you'll need to find a crypto sportsbook. But how do you know which one is right for you?
We must take into consideration these 5 criteria. For sake of this example we will be making reference to one of our favourite Crypto Sports book - Fortune Jack. So, whether you're looking for a place to bet on eSports, horse racing, or any other type of sport this will be a good starting point.
Customer Service at the Crypto Betting Sites
To have peace of mind always speak with a customer service representative before placing any bets to ensure you have the best experience. The top crypto betting sides have you covered in terms of 24/7 customer service, which is both helpful and reliable!
Because of the phone and live chat, each site can be contacted 24 hours a day. For example, we tried the live chat of Fortune Jack and they have replied in 2 mins - make sure you are not speaking to bots.
Cryptocurrencies are a rapidly growing and volatile asset class. Before making a decision, it's important to research the different cryptocurrencies available and ensure that they offer your favourite cryptocurrency - don't forget that the you have an exposure on the crypto asset on the balance which you didn't use yet.
Additionally, make use of our crypto scanner to find the cheapest cryptocurrency amongst the largest exchanges. Fortune Jack offers its players the option to use all major crypto assets including Bitcon (BTC), Ethereum (ETH), Dash, Tron (TRX), Doge (XDG), Zcash (ZEC) and Litecoin (LTC).
We only included sites that could be easily accessed by multiple smartphones and mobile devices, including Android and iOS. This way you may bet on sports anywhere and at any time of day or night using your preferred crypto sports betting websites.
Fortune Jack didn't deliver a mobile app for this, however the team still invested its resources in the development of the FortuneJack page and its mobile site. FortuneJack's mobile website allows you to bet and play games.
The only distinction is that you don't have to download and install a native application on your phone. Instead, the user can browse and play games on FortuneJack by visiting the FortuneJack website from your mobile browser. When using a smartphone to view the FortuneJack mobile site, it works perfectly.
Graphic and Interface of the Crypto Sportsbook
Don't forget that in the end of the day we are betting to have fun, so having a great user friendly interface is a must. Good graphics like Fortune Jack are noticeable immediately once accessing the website, you will find the aesthetic alluring and inviting, it sports a sleek and sophisticated design with top-notch graphics dominating the homepage.
Sports Markets Offered
Maybe its obvious but it might not be so obvious at first. You have to make sure that the crypto sportsbooks you will be using offers all the sports markets that you are want to be involved in. Keep it hassle free and find one sportsbook which satisfies all your needs from hockey to football to horseracing if needs be.
These are only few of the many sports markets Fortune Jack offers.
Get Exclusive Access to Winning Sports Betting Picks for Free
When it comes to betting on sports, there's a lot of options available on the market. But which one is the right fit for you? Part of what makes sports betting so fun is that sports themselves are unpredictable. The most successful bettors do everything they can to tip the odds in their favor, including using expert picks. If the Crypto sportsbooks offers free betting picks it would be an added bonus to the mentioned factors.
Frequently Asked Questions
How can I determine the legitimacy of a crypto sportsbook?
Make sure to look for a site that has a good reputation, has been in operation for a longer period of time, and offers customer satisfaction ratings and reviews.
Another important factor to use is to check the number of visitors the website has on a monthly basis using analytics websites such as similar web - the higher the number the visitors and the better the ranking in it's category the safer a crypto sportsbook will be.
Fortune Jack had approximately 79k visitors in July 22, which makes it a relatively medium sized crypto sportsbook.
Are there any risks associated with using a crypto sportsbook?
Crypto betting, of course, comes with its own set of risks. The fact that it's still a relatively new business is one of the main reasons. This implies that there are a slew of fraudsters and illegal businesses operating. As a result, when choosing a betting website, you must be very cautious. Only gamble with trustworthy websites and make sure to do your research.
It's also important to remember that crypto betting is frequently subjected to cyber assaults since it's done online. As a result, you'll want to make certain that your betting website has robust security measures in place.
The volatility of cryptocurrencies is another risk associated with crypto betting. Cryptocurrencies, such as Bitcoin, have a tendency of increasing/decreasing in value quickly. If you don't pay attention to when you place your bets, this can be a substantial risk.
Lastly, because crypto betting is still novel, there are few regulatory agencies monitoring it. As a result, there is some additional risk. Yet, as more countries start to regulate the industry, this is rapidly changing.
Which type of cryptocurrency should I use for my betting purposes?
That will depend on you and which cryptocurrency you want to have exposure on. Ideally you use cryptocurrency which are least volatile such as Bitcoin and Ethereum.