How to Bet on Football with Bitcoin Online
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What is Virtual Soccer Betting with Bitcoin?
Bitcoin is a game-changer in the current era because it has started t change the manner in which we are placing bets online. They have lowered the fees and shortened the number of times we need to withdraw the cash among other benefits.
As with cryptocurrency and bitcoin casinos, you can play and gamble with cryptocurrencies at sports betting. The most popular cryptocurrency used for gambling is Bitcoin. However, there are many operators that you can use to place bets with a variety of cryptocurrencies.
As we will see later, you can use Bitcoin betting to speculate on video game or “esports” tournaments.
There are also huge benefits for those looking to protect their privacy online because most Bitcoin gambling sites do not require any personal or payment information to start playing.
If you are new to Bitcoin, three simple steps will get you to the point where you can place your bet. Sometimes these can seem daunting for the new weather conditions; however, each is very useful.
First, you have to buy bitcoins. At current prices, this may not be entire. You can buy it for 1/1000 units of Bitcoin, this is known as micro Bitcoin or mBTC. To get it, you will need a unique wallet to store and then make the purchase. There are many well established and reputable websites that will do both for you. Common options are CoinBase and BTC-E.
Once you have purchased Bitcoin, you can register and deposit with the best Bitcoin sports betting providers listed above. Name is not even required as a required field for registration, although you have to enter your country, all you need is a valid email address.
Once you are registered, you can deposit bitcoins. When you click deposit, you will get a long series of numbers and letters. This is the ID of the Bitcoin recipient. Take this and paste it into the recipient field on your wallet. Then press Submit. The transaction is instant and free, which means that you have all the money to play this fantastic virtual soccer game.
Today you can participate in bitcoin football betting. Today, more bets are made on soccer games than on any other sports competition in the United States. Every good sportsbook contains betting lines on college football and NFL games in the fall. There are several types of football bets that you can choose from. It cannot be easy to decide which football betting with bitcoin to place. That’s why we explain everything to you.
Why Bet on Football
On a typical weekend in the fall you will find around 15 NFL games, and over 50 College Football games to choose from. Many of these games are televised and placing a wager on a game is a great way to get a little more thrill out of your Football viewing pleasure. If you are a big football fan that watches all the games, knows all the stats and understands the game in and out Football betting should come naturally to you. IF you are ready to start betting on football, you will need to know what kinds of wagers you can make.
The most common football bet is betting on the spread. Many bettors believe that the point spread is the predicted margin of victory of one team over another team. Such disbelief is a common mistake by new sports bettors, but it is not true. The spread or line is the oddsmaker’s prediction on the number of bets required to split betting evenly between teams. This is why you often see the line change sometimes before kickoff. By the way, you can try safely and anonym Bitcoin Football Betting today! We have here the best Bitcoin betting sites with corresponding sportsbook bonuses.
An example of a spread would be Green Bay -4 and San Francisco +4. To figure out if you have a winning bet you need to subtract or add the line to the final score of the team that your choice. If you picked Green Bay in the example above you would subtract four from their final score than compare it to San Francisco; if Green Bay’s score is still more than San Francisco’s you will have won your wager.
Another famous American football bet is wagering on the over or the under for the total score of the game. Add up the dozens of both teams to find the total game’s score. If for example, the final score of a game is, Michigan 26 and Ohio State 24, the total score is 50 points. If the over/under for the game was 46, and you bet over you would win. If there is a tie against the Sportsbook, then it is considered a push.
Parlay bets are very popular with people that enjoy following some different teams on any given Saturday or Sunday. A parlay bet is one wager that puts together some different games. You can wager on a series of the point spread and or over-under bets. If you lose any of your bets, then you lose the parlay. If you win all your bets on a parlay, you will get a significant payout, higher than if you made each bet separately. Parlays are popular because you can win larger prizes with a smaller wager.
Where to Bet on Football with Bitcoin
Any Sportsbook will offer bets on Football games, but you will want to make sure that your choice a reliable, trusted and online Sportsbook. You don’t want to place your bet on a fly by the night site that will take your hard-earned money. No matter how good the deposit bonus or the odds only wager on trusted Sportsbooks. We favour Bitcoin Sportsbooks which accepts US bettors and use Bitcoin as the payment option.
The soccer game tips and strategies you need
Here are some simple tips to help you win money with simple bitcoin football betting.
1. Know your football
One of the best tips that beginners can get if they want to be very successful at bitcoin football betting is to know their own soccer. It is a fact that your knowledge of the sport is a determining factor of your success or not.
As with any other business, you have a hard time making money from a company you are not familiar with. For this reason, the first thing you should know about the game is everything you can before placing your first bet.
2. Research Every Team
This tip is essential because regardless of what you are told, making a career out of the game is not easy. This means that you will probably have to put in as much effort as any of the other companies or professions you have worked for in the past. Your success depends on knowing each team, their strengths, weaknesses, potentials, forms, transfers, soccer tips, and more.
3. Play responsibly
As a general rule of thumb, everyone involved in gambling must understand the need to play responsibly. This means that you must understand the risks that you may be exposed to at each point.
football betting with bitcoin, like any form of gambling, is risky, and you may lose your investment. For this reason, it is wise to bet only what you can afford to lose at any given time.
4. Don’t commit to a single bet
As a beginner, you may have thought that sticking to a brand was a sign of loyalty that will pay off in the long run. Don’t be fooled; this is not your daily attitude between seller and buyer, and you don’t owe any bookmaker loyalty. You can try different bookmakers and see what they do differently from the one you are currently using.
5. Develop a football betting with bitcoin
Every successful gambler has an empirical formula that is kept for years to make him a fortune. This doesn’t mean that you can’t be flexible at times, but you have to stick to a tried and true strategy when it comes to soccer betting. Therefore, you must develop one for yourself or with the help of others.
6. Allocation chart from the beginning
It is essential to plan a fixed amount from the beginning. As is the case with working capital in companies, this fund is used to finance initial sports bets. It’s essential to use this box wisely to get off to a good start.
7. Keep track of your money
One of the mistakes new soccer bettors make is not keeping financial records of their sports bets. If you have decided to take this seriously, one of the best strategies to follow is to keep an eye on your finances.
Don’t make the mistake of letting small gains overshadow the number of losses you’ve made in the past. This may be good for younger players, but it is not good enough to get it right and make money. Therefore, it is good to monitor your finances and use them to determine where you are in terms of profit or loss.
8. Explore multiple markets
There are several bitcoin football betting markets to explore if you really want to make big bets on soccer games. As a professional gambler, the key to winning is exploring the different betting markets.
Some bettors confuse the standard one × two betting market when there are dozens of other options with interesting odds. Don’t make this mistake. Try to explore as much as possible and discover new betting opportunities.
9. Leave your emotions at the door
Like a weather forecast, you don’t have to have anything to do with emotions. You want to make money, and you should not allow your love for a particular team to influence your judgment when the facts say otherwise.
If you feel like you can’t make the right decision regarding the team you support, you shouldn’t bet on that team.
10. Determine the objective of the bet.
The truth is that people do an excellent job of setting a goal and working toward it. The same goes for betting. We encourage you to set a goal at the beginning of each season, month, quarter, or in any period.
The goal should be how many football bets you want to win during that period and how you want to achieve it.
11. Take calculated risks only
When betting, we recommend that you take only calculated risks. There are several options available to you. It is unlimited, but you cannot bet on everything. For example, some players know college football from the inside out, and some don’t.
When you look at their betting patterns, their knowledge generally informs them of their betting decisions. It would be best if you also did this by betting on things that you are sure of. It doesn’t always work, but you have a high probability of success when you calculate and measure your risk.
12. Take advantage of all the offers
Throughout each football season, betting sites always offer deals to customers. These offers can take the form of new customer rewards, price increases, loyalty bonuses, and more.
No matter which betting site you use, there are always offers of this type on the table, and it is wise to take advantage of as many of them as possible as there are not many free offers in the betting industry.
13. Aim for small wins first
One of the most dangerous mistakes a beginner can make is aiming too far upfront. While it is not a bad thing to have high ambitions when it comes to betting or sports betting of any kind, it is wise to exercise caution until you have a proper understanding of the market.
It is not bad to have small victories initially; they are much better than big victories and failures.
14. Try to bet the offsets
Betting exchanges are great for all types of bookmakers, and we recommend them as beginners looking to be successful. It’s a great bitcoin football betting strategy because betting platforms tend to have better odds and lower commission rates.
15. Follow the gambling experts for advice
Whether we like to admit it or not, there are sports betting experts with years of unprecedented success who can help you with great advice. No one is always right, but some of them have very high odds, and you can get it right by removing some football betting with bitcoin tips from your hands.