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What are the advantages for bookmakers to accept Cryptocurrencies?

What are the advantages for bookmakers to accept Cryptocurrencies?

No matter what your favourite sport is, you can increase the tension by participating in some Bitcoin sports betting at online casinos. Make sure to take a gamble and play along whenever you want. Nowadays, you can play new betting games online with Bitcoins and discover a lot of possibilities that increase your chances of winning. It is always exciting to see if you are going to win or not. You can win a lot of money in a very short time with gambling, but the point is that you also enjoy the game.

 

Bitcoin bookmakers

Bitcoin bookmakers

LIVE CRYPTO RATES FOR TODAY

Name Price24H (%)
Bitcoin (BTC)
$3,216.59
-2.28%
Ethereum (ETH)
$83.85
-1.98%
XRP (XRP)
$0.287319
-3.15%
Bitcoin Cash (BCH)
$79.02
-9.15%
Litecoin (LTC)
$23.51
0.19%
Cardano (ADA)
$0.028165
-2.75%
Monero (XMR)
$38.36
-8.72%
Dash (DASH)
$58.65
-3.38%
IOTA (MIOTA)
$0.211942
-1.78%
NEM (XEM)
$0.061141
-6.30%

Bitcoin bookmakers

Obviously, the bookmakers also benefit from the numerous advantages of Bitcoin. First, it’s a booming market, every company or group that accepts cryptocurrency gets free advertising because the media will talk about it.

The Bookmakers also benefit from the security and safety of payments with virtual currencies. There is, therefore, no risk of fraud against the bookmaker. It also allows the virtual currency-accepting bookmaker to expand its zone of action by accepting payments from people around the world and receiving funds in seconds without having to pay bank fees or go through the banks.

Another great advantage, but which can also be a disadvantage, the price of each currency is independent of any system. The price of virtual currencies, therefore, varies every second and can be upward or downward. In case of an increase, the bookmaker would be a winner because a payment received for a sum of 10 €, for example, could be worth 20 € a few hours later.

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The bookmakers have therefore understood that the cryptocurrency market had already proved its worth since 2009 and is very useful to their cause. To thank you for using this type of currency too, the bookmaker will generally offer you a thank you bonus.

Are the Bitcoin payments the best?

Access to Bitcoin payments is one of the biggest benefits of becoming a member of the online Bitcoin casino. Although this is the only available method, the benefits of this peer-to-peer payment system are unrivalled. Everything you need to know is that Bitcoin offers restriction-free gaming. Thanks to the decentralization of Bitcoin, you can now place a CSGO bet wherever you are without having to worry about certain laws that prohibit you from playing.

E-payments

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The decentralization of Bitcoin also affects the speed of payments. You do not have to worry about long waiting times when you deposit money. Bitcoin casinos make it easy for you to enjoy blockchain sports betting without hassle. Withdrawals are also a breeze.

Bitcoin Betting – is it popular?

Since Bitcoin sports betting is perhaps the most exciting form of gambling, you can bet on sports like football, basketball or racing. The Bitcoin sports betting operators ensure that the players get all the offers and games they want and need. With a large number of games being played at any time of the day, it is much easier to find a sport that suits your specific requirements than it ever was before! That is why it is also so nice to take a gamble yourself at a Bitcoin sports bet. You do not want to ignore these opportunities. It is much too exciting to participate and then see if you can gamble well.

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Discover numerous online betting possibilities!

Bitcoin sports betting is now available for a much larger audience and therefore there are much more games that you can to play. Encounter an excellent place where you can get some great gambling chances. Modern online casinos are suitable for players who choose to use Bitcoin during their gambling activities. In addition to the fantastic offers and great games you can find online, you will also be rewarded with exclusive bonuses that you will not find anywhere else on the internet. Make sure you join the game and place your bets using Bitcoins. Alternating is also fun and you can also place an amount on several sports at the same time.

Bet on the World Cup with your Bitcoin!

Do you know that you can bet on any Football World Cup match with your Bitcoins? And even bet on any sport or competition, both the NBA and the English Premier League! There is a bookmaker (sports betting company) that accepts Bitcoins as a means of deposit and withdrawal.

In just 10 years of existence, bitcoin has experienced many twists and turns: splitting within its members, cyber-attacks platforms, prohibitions issued by some countries distracted by this speculative fever. It suffered several crashes and was announced dying hundreds of times. It provokes sharp debates. Is it a gigantic bubble about to explode? Or a new digital gold? A sulfurous instrument that can finance organized crime and launder dirty money? Or the beginning of a revolution for the monetary and financial world?

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For its promoters, the motto is intended to be a secure means of payment by a “peer-to-peer” transaction technology. This innovation, called the “blockchain” or “chain of blocks”, is at the heart of the bitcoin ideology: to dispense with any central authority, to escape from any regulation. Because bitcoin is not just a geeks affair. Not dependent on any state or any central authority that can control it, it has been adopted by libertarians, who dream of making.

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What are the advantages for bettors?

Bitcoin bettors benefit from anonymously run payments. Unlike payment with traditional methods, you just have to provide an email address and that’s it. Registering and validating the account is also easy because you will not have to provide traditional proof to prove your identity and ability with your ID and other documents generally requested. You will also no longer go through a bank system governed by politicians but a decentralized system run by the community all around the world. You will contribute to the smooth functioning of the currency and the evolution of the price of the same currency. No more taxes and other charges also thanks to virtual currency payments.

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Updated: December 7, 2018 — 11:11 am

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