Crypto horse betting opens a new chapter for punters who like betting digital money at online bookies. In this horse racing crypto betting guide, we look at how cryptocurrencies can be used for horse racing action and how blockchain technology works for modern punters.
We suggest you the best horse racing crypto betting sites and teach you how to find better margins for your wagers. You can use cryptocurrencies to bet on other sports markets at any leading online Bitcoin sportsbook.
- 1How does crypto horse betting work?
- 2What makes a good crypto horse betting site?
- 3How do you bet crypto on horse races?
- 4Most popular horse racing crypto bets
- 5What currencies are used in 2022 for crypto horse betting?
- 6Horse racing betting crypto tips
- 7Best crypto horse betting strategies
- 8Top crypto horse betting races
- 9Exclusive crypto horse betting bonuses
- 10Pros and Cons of horse racing betting crypto
- 11Frequently asked questions about horse betting with crypto
Top online bookmakers on 23 November 2022 that accept bets on horses with cryptocurrencies
How does crypto horse betting work? ₿
Experienced punters who are familiar with top horse racing action, will have no problem mastering the art of crypto horse racing betting. Instead of using fiat currency you switch to digital money and placed the same bets at legal betting sites using crypto. The system is identical and whether you bet at traditional sportsbooks for Bitcoin bookmakers and betting sites, the same rules apply.
Punters select currencies of bookmakers from the list of accepted payment methods and make a deposit. The next step is to choose the horse racing event and market, before deciding on a stake. You can place a bet on the winner or tinker with one of the special wagers such as the Tricast bet or Heinz bet. If the bet is settled as a winner, you will be paid immediately and can enjoy a faster withdrawal with less than two minutes per transaction.
What makes a good crypto horse betting site? 👍
Horse racing betting crypto is a fairly straightforward process, and there are plenty of crypto betting sites where you can place your wagers. The biggest challenge for prospective punters who consider this type of wagering is finding the top crypto horse racing betting sites. Everything matters, but these are the five things you should pay extra attention to when making a decision:
- Strong license 🧾- bet on Bitcoin betting horse races at bookmakers that are licensed by a respectable regulatory body.
- Betting options 📑- find UK horse racing betting sites that cover all the popular horse races and offer many betting markets.
- Fast and secure payments ⚡ – Bitcoin horse betting should guarantee instant deposits and fast withdrawals that are secure and inexpensive.
- Bonuses and promotions 💰 – when analyzing the list of crypto horse betting sites, choose the ones that offer welcome bonuses, as well as ongoing promotions and recurrent campaigns.
- Customer support 🤳🏻- sooner or later, you will need the assistance of customer support specialists, so make sure you choose online crypto horse betting sites that employ professional teams
How do you bet crypto on horse races? 🍀
Whether you choose to bet on fiat or digital currency, the first step is to learn how to bet on horses. Once you get familiar with the classic horse betting terms you can choose one of the Bitcoin betting UK or international betting sites and place a wager. This is how to make money betting on crypto:
Most popular horse racing crypto bets 🔥
Once you learn what is crypto horse betting you can put your skill and luck to the test and bet on diverse markets. Just like crypto football betting, there are different types of horse racing bets and markets that you should consider. These are the most popular ones that can be found at trusted sports betting sites:
What currencies are used in 2022 for crypto horse betting? 💸
🙋 New payment methods that might interest you:
Crypto horse betting odds types 📊
Once you know how horse betting with crypto works and have a good example of horse betting crypto, it is time to look back at the popular odds types. Bookmakers will publish the starting price on upcoming races, which is used as a reference for the odds. As kickoff approaches these fixed odds to decrease or grow based on how punters bet.
This applies to Bitcoin and other cryptocurrencies, so punters can take advantage of moving odds. The alternative is to participate in a tote win competition, ideally one with a tote jackpot. The amounts raised by such a crypto horse racing book will be divided among participants, so players are guaranteed to have a winner among them, regardless of who wins the race.
Other betting guides recommended by Gambling Judge☑️
6️⃣ Horse racing betting crypto tips 💯
There is no silver bullet to beating the house edge when engaging in crypto horse betting. A mix of research, flawless bankroll management, and the ability to find the best paying races are needed to be successful. Luck is also an essential ingredient in the recipe for success, so you can’t do without it. However, these fsix tips can help you maximize the return on investment while mitigating the risks:
Best crypto horse betting strategies 💡
Many players are wondering “is horse racing fixed” and trying to figure out if crypto horse racing betting is safe enough to warrant the effort. With the right approach and the use of a popular strategy, racing fans can be successful when placing bets on these events. These are the 3 most important things to remember:
Exercise bankroll management – even the best crypto horse betting strategies will fail if you don’t bet within your means. Bet only the amount you can afford to lose and move up slowly.
Seek the best odds – the only way to make match betting crypto profitable is to constantly bet on top odds. Look at bookmakers from different countries and always seek the top odds.
Bet on major races – look at racing competitions from many countries and bet on the biggest races. This is where the horse racing crypto betting best odds can be found at online bookmakers.
Top crypto horse betting races 👑
Horse racing betting crypto pays better at crypto bookmakers if you choose to gamble at the top races. Whether you focus on the finish line, bet on two horses, or tinker with multiple bets on exotic markets, these are the biggest races to focus on:
🏇 The Kentucky Derby: the biggest event in America, held since 1875 and attracting huge crowds
🏇 Melbourne Cup: the most important horse racing event in Australia with excellent odds
🏇 The Dubai World Cup: one of the richest races with a $10 million prize pool held in March
🏇 Prix de L’Arc de Triomphe: the pride of French horse racing since 1920 with $5.5 million prizes
🏇 Breeders’ Cup Classic: the best-paying horse racing in America, with a $5 million prize pool
Exclusive crypto horse betting bonuses 🤑
Horse betting crypto is particularly attractive because punters are eligible for exclusive bonuses. You can bet on multiple horses and enjoy the new feature of digital gambling with these bankroll boosters. Most bonuses are similar to what crypto esports betting and football bookmakers offer to those who switch to digital money. These require a deposit in cryptocurrency, which is matched by the casino.
Other exclusive offers focus on players who reload their accounts or take part in time-sensitive campaigns. Mobile depositors also benefit from exclusive deals, when switching from computers to handheld devices. You might have to download a crypto betting app to qualify for such bonuses or receive them even if you choose to gamble straight in the browser.
Pros 👍 and Cons 👎 of horse racing betting crypto
- Enhanced privacy and anonymity
- Access to exclusive bonuses
- Faster and inexpensive transactions
- Many cryptocurrencies accepted
- Not all bookmakers accept digital money
Frequently asked questions about horse betting with crypto ❓
Not all online bookmakers accept cryptocurrencies, but many gambling operators do.
Smartphones and tablets can be used to bet cryptocurrency on horse races.
Deposits and withdrawals are less expensive if you bet cryptocurrency than fiat money.
If you bet at a licensed and regulated bookmaker, you don’t take any chances.
Bitcoin, Ethereum, and Litecoin are some of the most popular cryptocurrencies used for horse races.
Bet on horse races the digital way 👩💻
Crypto horse betting can be both fun and profitable if you understand the essential factors and employ the right strategy. The perks of cryptocurrency gambling range from lower fees, exclusive bonuses, and even higher odds.
You can find plenty of licensed and regulated bookmakers that accept cryptocurrencies and offer unique benefits to their players. Sign up for an account at one of these top suppliers and use the betting tips and strategies described in our guide to make the most of any horse racing bet you place.