There’s a reason why many sports bettors are signing up to Bitcoin-based sportsbooks. Aside from the crypto outbreak that sparked global interest to invest in Bitcoin and other digital assets, the already massive business of sports betting grew even larger with the introduction of the ‘21st century currency’.
But this wide world can be hard to tread when you’re stumbling across features you’re not familiar with. Your Bitcoin sportsbook offers more than, well, using Bitcoin to bet. So before you put you money on the line, consider checking these items first.
5 Things to Check in Your Bitcoin Sportsbook
Anonymity
While offering various perks and features, bitcoin sportsbooks have something in common: betting discretion. Big players in the market like Nitrogen Sports maximize the blockchain technology to enable bettors engage in wagers without having to disclose their personal identities. While betting anonymously may sound sketchy to some, going incognito secures you from fraud and theft because your personal information won’t be breached.
Payment flexibility
Nobody wants a stressful payment process, especially when you’re entering a gamble. So before you start funding your account, you should go over your cashier and familiarize yourself well with the payment structure for you to avoid losing your money by getting the steps wrong. Although paying for a bet in Bitcoin sportsbooks are generally faster and easier, learning how to do it right is still a priority.
Betting limits
Many Bitcoin sportsbooks are limiting when it comes to payout amounts, moreso for bettors who are on a winning streak. When you really want to earn a great deal in sports betting, your payouts shouldn’t be downplayed. That’s why before you place a bet, make sure that your Bitcoin sportsbook has high or no maximum payouts for you to get a nice amount of profits.
Betting Odds
What separates sports betting sites apart from each other is the odds that they present. You can easily spot a good Bitcoin sportsbook just by looking at the numbers. That is, if you’ve mastered how to crunch some numbers. The odds indicated in your betting line determines your potential payout and winning chance, and no two sportsbooks offer the same. You could be paying a hefty amount of BTC to win an extra quarter of the amount you bet, while other bettors are paying the same thing to win a lot more than what you paid for. That’s why odds comparison is an important step in sports betting, and a crucial factor to consider in choosing a Bitcoin sportsbook.
Customer Service
Until it happens to you, you never really know how important a sports betting site’s customer support is. So consider this a gentle reminder to go over your sportsbook and see if the customer service is excellent. One that is active, user-friendly, and can address your queries and concerns. From payment delays, errors, cancellations, lags, and any other site problem that may occur any time of day, hitting up a responsive customer support saves you from stress.