Bitcoin cricket betting is gaining momentum as many trusted betting sites are accepting cryptocurrency as a payment method. Whether is local or international competitions, many betting sites list bitcoin wallet as a payment option.
Cricket is a popular sport in Australasian countries, the West Indies, India, England, Pakistan and African. But anyone across the globe can place cricket bets on bitcoin betting sites. Since many people are embracing bitcoin, bitcoin cricket betting has become a huge part of gambling. This virtual currency is known for anonymity and instant transfers. This article looks at websites where bitcoin betting is possible. Besides, it states and elaborates the different events to bet your bitcoin on.
Best Cricket Betting Sites that Accept Bitcoin in 23 September 2021 – Updated List
What Is Bitcoin?
How to acquire bitcoin
People get bitcoin in there e main ways:
How to gamble online using Bitcoin
Bitcoin bookmakers and betting sites are increasing in number daily. This shows how many bettors are willing to use this digital currency to trade. However, using Bitcoin comes with its fair share of risks. Before gambling with BTC, here are important points:
All major operators have access to free bitcoin wallets – desktop and mobile wallets. So you can choose to either install an app on a smartphone/tablet or have a wallet on your computer for online payments which is also available on mobile betting sites.
After downloading an app on your smartphone, insert your personal information, usually your ID number, official names, email address, and/or mobile phone number. The process is rigorous, and you’ll be required to undergo a real-time facial recognition process.
Get your Bitcoin
You accept bitcoin as a payment option, or you can buy it. Currently, the BTC price is $48,550.85; since its volatile, it keeps fluctuating. You can buy bitcoin directly from peers at the exchange rate given. Or, if you have another form of cryptocurrency or currency, you can exchange it for bitcoin.
There are various ways to spend your bitcoin. Growing numbers of merchants and services are accepting it, including gambling sites. Bitcoin sporting bets can be placed across all types of sports as long as a betting site allows you to bet with bitcoin.
Common cricket competitions you bet on with Bitcoin
Both domestic Indian and international cricket events exist. Besides, betting with bitcoin on individual exhibition games, i.e., test matches, is possible. Note; tests can last even five days – that should offer different ways of placing Bitcoin bets on cricket betting UK sites. When betting in a cricket, the following are the most popular competitions to bet your Bitcoins on.
Getting started on Cricket Bitcoin sportsbook
You can make cricket bets at many legal betting sites. When well done, cricket betting is a form of sports betting that can be lucrative. Find a betting site that accepts bitcoin and then create an account. Also, ensure that your bitcoin account is loaded with enough of this currency. If not, deposit bitcoins. CloudBet, BetMaster, 20Bet, Sportsbet.io, and Fun88 sports betting sites you can do bitcoin betting. There are lucrative bitcoin sports welcome bonuses alongside a plethora of games on these Bitcoin sports betting websites.
Advantages and Disadvantages of Bitcoin as a betting currency
- Safe and secure as they are peer to peer
- Minimal to no transaction fee
- Instant transfers globally
- Easy to open a bitcoin account
- An alternative deposit method in areas with restrictions
- Highly volatile - your digital currency can lose value unexpectedly
Is Bitcoin Cricket Betting worth it?
Bitcoin is a relatively newer transaction method; so, only a few betting websites accept it. The deposit method comes with lots of advantages. For instance, BTC is a nice alternative in areas where you cant gamble legally. In such areas using credit/debit cards or bank wire transfers to deposit cash on an online betting website is impossible. Bitcoin is illegal; therefore offers a perfect alternative.
Also, getting bitcoin is easy. Just open an account, fill in your details and buy bitcoin. Ideally, acquiring BTC is much more similar to acquiring conventional currency. Since all transactions are fast and free, being on a bitcoin sportsbook should be an advantage.