Bitcoin Betting Sites
If you love your sports gambling, then you will love bitcoin betting sites. Here, we want to run you through almost everything that you need to think about when tracking down a website which allows you to bet with bitcoin! If you wish, you can also skip to the end of this page, where we give a wealth of suggestions for some of the best online betting sites around now.
Registered with the UK Gambling Commission
Many people love bitcoin as it gives them anonymity when they spend it. However, we suggest you sacrifice your anonymity when gambling online. You should only ever register for a site licensed by the UK Gambling Commission. They are there for your protection. What you must remember is that bitcoin is untraceable. If you gamble at a site which has no oversight, then you could basically lose your money. It just is not worth it.
Deposit Options
Obviously, you want to ensure that you can deposit into your account using Bitcoin. However, we suggest you choose a site with more options than Bitcoin to deposit with. You should be able to deposit at minimum with your credit/debit card and your bank account.
Why? Because Bitcoin is volatile. The price can rise and fall at the drop of a hat. If the price changes too much, you may not be able to gamble with your bitcoin. This means that you can’t gamble at a site dedicated completely to it. Multiple options ensure you can continue to play as much as you like.
Sports Available
If you love betting, then you want to know that there are plenty of markets you can bet on. The more, the merrier. Even if you are interested in just a single sport at the moment, it is always nice to have a few others available to tickle your fancy. It doesn’t just have to be sports you can bet on. Fancy betting on politics? How about who will die next in Eastenders or something equally odd? Having a betting site that gives you all this and more is nice.
Betting Odds
We want to clarify one thing clear; it is impossible for an online betting site to always have the best odds. We are positive you have heard this saying before; the bookmaker never loses. This is because they will always chop and change the odds to ensure that no matter the outcome of the game, they will make some profit.
However, you can tell which sites will usually have competitive odds. This is important. In an ideal world, you would be registered with multiple betting websites to ensure that you get some of the best odds available, but if you can only be registered at one then this is fine. Just make sure they get it right most of the time.
Live Betting
We like our bitcoin casinos to have live betting available. This means that you bet while the game is in play. Sometimes, the online betting site will also stream the sports live so you can watch them while you bet. It is a tremendously fun experience. Maybe not for everybody, but once you get into the swing of things this will probably be the main way you bet.
Mobile Betting
We will only ever look at bitcoin betting sites which allow you to gamble with your mobile device. Sure, you may not wish to bet with your mobile device right now, but you probably will want to do so in the future. You want a website which will allow you to do this.
You must remember that mobile betting is the main way to gamble nowadays. If an online site does not allow you to do this, then it means that the site is not up to date with the latest trends. We dread to think where else they may be skimping out on when it comes to their site.
What are the best bitcoin betting sites?
Our team have been working exceedingly hard to find some of the best bitcoin betting sites in the United Kingdom. We think that we have done a pretty amazing job too. Below is a list of some of our favourite places to play. Make sure you bookmark this website as we will keep it ‘up to date’ with the latest and greatest sites to bet at.