Bitcoin Football Betting - How to Use Your Bitcoins to Bet on Football

Betting with Bitcoin is not just a distant dream anymore. Years ago, no one thought that Bitcoin could ever be used for anything. It was a novelty that looked like child's play, and fears of a financial bubble grew after it imploded in 2017. Years later, we have a strong alternative to assets such as gold, with many countries adopting it as a payment system.

You can do anything with Bitcoin these days. Whether it's ordering pizza or paying for services, it's a fantastic alternative to fiat money payments. There's a whole Bitcoin subculture going on, and the increased adoption around the world makes crypto an appealing payment alternative. Bitcoin and cryptos have invaded every facet of our society, from investing to Bitcoin betting with football.

Yep, you can use it easily to place bets on your favorite matches. Of course, you'll need a Bitcoin bookie for it, but still, using it is as simple as using Visa. If you don't know how to bet and have fun with Bitcoin, this is the guide you were looking for.

How to Use Bitcoin at Online Betting Platforms

Using Bitcoin at online betting sites greatly differs from using fiat money. Decentralized finance is not regulated by any authority - not a bank nor another financial organization. Bitcoin and cryptos in general are governed by the users and everything happens on the blockchain. This public ledger records all transactions, yet keeps your private details safe from prying eyes.

The first thing you should do is buy cryptocurrencies from a regulated cryptocurrency exchange. Think of it as a shop for Bitcoin and cryptocurrencies. You go in and trade fiat money for cryptocurrencies, be it Bitcoin, Ethereum, Litecoin, or something else. The next step is to find a bookie that accepts these coins.

That pretty easy these days considering the fact that online betting platforms are making the switch to crypto. Everyone's excited about the blockchain which has been dubbed the future of online gambling. Once you've got your coins ready in a wallet, funding your account is as easy as copying the bookie's crypto address into your crypto wallet. This will allow you to move the coins to the betting platform so you can start betting.

Your coins should be ready in just a minute. Cryptocurrency deposits are much faster than any fiat money deposit, and the fees are relatively low. Once you've got coins in your betting account, you have a world of possibilities in front of you.

What Can I Bet On?

A cryptocurrency betting site is not in any way inferior to a betting platform with real money. You can bet on anything you can think of, including American football, soccer, basketball, tennis, Esports, and more. The Premier League and Champions League are two extremely popular markets. Soccer fans know the appeal they have, with fantastic matches taking place week in and week out. Pick a team to bet on or put your coins on spreads - the number of markets on offer these days is literally off the hook.

And that's just for fixed odds markets. Once you get to live betting with crypto, you probably won't ever go back to standard 1x2 betting. Live betting is the real deal these days, giving bettors a range of incredible opportunities and new markets that we never thought existed. Imagine if you could bet on the team most likely to score next while watching the match? That's what live betting allows you to do. You can even turn it into a drinking game with your friends while also betting with Bitcoin on live matches for some extra bit of fun.

Betting with Bitcoin is a huge hit right now as many people take advantage of the volatility of crypto. A small investment and buying the dip can turn into huge gains, allowing you to bet on all the sports you can think of. Cryptocurrencies and the blockchain are the future of betting any way you look at it. They're anonymous, easy to use, and not overseen by banks or the government.

In simpler terms, they're what bettors have been hoping for, and that future is already here.