Sports betting has always been the most popular activity for punters and with the introduction of cryptocurrencies, in recent years, we have a completely new variation in the form of Bitcoin sports betting. Almost every type of sport can be bet on with cryptocurrency as long as the sportsbook allows it. And they usually allow it. It is only necessary for a sportsbook to feature a particular sport in its line of betting.
When it comes to popularity and prevalence, the most popular sport to bet on with crypto now is football due to how many matches and leagues are available. Football without a doubt is the most widespread, watched, and followed sport in the world with billions of fans in different countries. Of course, it directly impacts the fact that punters go for this choice.
All sports that are available in crypto betting fall into the same criteria. There are technically 3 categories of sports that people choose. They select them by:
However, choosing a specific sport might be driven purely by the love of that sport. Some people are avid lovers of volleyball and they choose this discipline because they know the features and peculiarities of volleyball. There is no perfect sport to choose from, as all of them have their advantages and disadvantages.
Earlier, we have emphasized that choosing a sport to start betting with crypto is associated with some criteria. People who are just starting in the gambling industry pay attention to the factors such as popularity, odd variety, and simplicity. Before you start to bet on sports with BTC let’s have a look at each of them thoroughly and how they impact the choice.
The first indicator is without question popularity. These types of sports are usually chosen due to how many matches are available to bet on at any given time. They are also chosen because a lot more people analyze the matches before they start so strategizing is easier. For example, if we take football, it is a sport that hosts matches every day. If there are no major leagues, almost always you will see minor competitions and championships where teams playing against each other and it is possible to find tips on these matches on the Internet, which is really beneficial.
As for the other sports, in terms of popularity we can also mention:
Like football, basketball is also a watched discipline not only in the United States but in the rest of the world as well and popular when it comes to Bitcoin sports gambling. In Europe, there is EuroLeague which is similar to the Champions League in football. American football is most popular in the US, but gradually European countries are starting their own leagues and competition. Cricket is played in the United Kingdom, Australia, South Africa, and India, which has the most players and one of the strongest teams in the world.
When there are a lot of additional options for punters the better for them because they can include more positions in their betslips. These sports are very chaotic, meaning a lot of things can happen during a match, or there are a lot of things people use to measure success during a match. People choose these sports when their go-to betting style is parlay betting, meaning they bet on multiple things at the same time rather than just one outcome. Parlay sports betting with bitcoin provides chances for more winnings, however, if one the bets fail in such betting, the entire betslip is lost.
Such sports usually include:
Almost every bookmaker offers a plethora of bet markets on baseball. This sport is dominant in the United States. In addition to moneyline betting, you can place bets on batters, individual players. Both rugby union and rugby league provide different possibilities for betting to punters – from total tries to handicaps. Rugby is a complex sport with complex rules. As for both types of hockey, the same applies as in the previous two. MMA is a combat sport featuring two fighters against each other. Here people mostly go for additional options, because the odds on standard betting are pretty low – especially if a favorite is fighting an underdog.
These sports are highly favored by people who don’t want to overthink their bets on sport with Bitcoin. They bet who is going to win and that’s it. While these sports do offer additional options as well, they are not as complex as their counterparts, so those who are looking for simple choices can see the sports below. Such sports include:
Golf is an individual sport – pretty pleasant to watch and the most popular bet is moneyline betting. There could be several players competing against each other and the easiest way is to predict the winner. Horse racing was one of the first sports that started featuring crypto betting alongside football. If you are fond of horse racing you can easily predict a winner of a specific race. In chess, guessing a winner could be difficult because Grandmasters are almost equal in every way, but there is a possibility of a draw that offers fewer odds. In online sports betting bitcoin, table tennis and tennis are similar in the sense that there is now a draw and even if 5 sets are played there should be only one winner. So simplicity is one of the key factors as well for choosing a sport for betting.
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