Esports Bitcoin Betting: a match made in Heaven
It’s 2018, and esports and bitcoin are taking over the world. At first glance, these are completely unrelated industries, but they have much more in common than meets the eye. A mere nine years ago their success would be inconceivable, as bitcoin was at the start of its thrilling journey, and esports juggernauts like League of Legends, Dota 2, CS:GO, and Overwatch simply didn’t exist.
Then, both industries made massive breakthroughs. In fact, bitcoin laid the foundation of the entire cryptocurrency scene.
As for esports, it changed the way young generations view competition, and huge brands like Golden State Warriors, Houston Rockets, and Cleveland Cavaliers have already booked their seats on the gaming train.
The whole esports cryptocurrency revolution has definitely made a splash across the globe. And when the two come together, they create a unique experience that can be incredibly rewarding to the most passionate fans. Of course, we’re talking about esports bitcoin betting.
Why you should choose Esports Crypto Betting?
Pros in Esports Crypto Betting
Regardless of your stance on bitcoin, esports crypto betting brings a number of tangible advantages to punters across the globe. The first one is small transaction fees. Many betting platforms are still taking a cut from deposits and withdrawals, which can get annoying in the long run. But if you’re using a bitcoin sportsbook, the fees will usually be anywhere between 0% and 2%.
With that, you won’t feel like you’re getting robbed by putting money into your gambling account. Plus, you will always have the option of investing a smaller amount to see if you can make sense of the whole esports bitcoin betting thing. After all, the fee is percentage-based, so you won’t be paying a flat amount every time you wish to deposit.
Another advantage concerns privacy and security. As secure as most betting websites are, no system is foolproof. So if you’ve handed someone private data like your address or credit card number, there’s always a small chance of it getting leaked. However, esports crypto betting allows you to nullify that risk. Because if you’re making wagers through a bitcoin sportsbook, you don’t have to share any personal information at all! Cryptocurrencies are decentralized, meaning they aren’t tied to any countries, banks, or companies.
Moreover, the blockchain technology provides extra security without requiring you to enter any personal data, so you can get into esports bitcoin betting while staying completely anonymous.
You could also use bitcoins to overcome country restrictions. Most bookmakers prevent you from wagering your money if your country doesn’t approve the whole online gambling thing. And while we don’t condone this way of esports cryptocurrency betting, bitcoin can act as a legitimate way to withdraw your money without attracting unwanted attention.
Cons in Esports Crypto Betting
As is the case with most things in life, esports bitcoin betting comes with its own limitations. The one you absolutely have to keep in mind deals with withdrawal options. Plenty of gambling platforms will allow you to make a bitcoin deposit—in fact, they’ll be all for it. But the moment you want to take out your money, you might not find cryptocurrency among authorized options.
Of course, this could be an entirely acceptable scenario for you. But if it isn’t, make sure to double check how you can get the funds out of your preferred bitcoin sportsbook. After all, you don’t want your hard-earned money stuck on a gambling account.
Another point to consider is the limited betting site selection. Esports crypto betting is a relatively new trend, and many bookmakers haven’t caught on with it. The majority of gambling platforms won’t offer much to cryptocurrency enthusiasts, so you will be hard-pressed to find a good website. Thus, the answer to the “how to bet with bitcoin” question becomes needlessly complex. Still, we might be able to point you in the right direction!
How to bet with bitcoin
So you’ve looked through our list of pros and cons, and you’ve decided that esports bitcoin betting is your thing. But where do you begin? Well, as we have mentioned in the section above, a good place to start is picking the right gambling platform. Every experienced punter knows that choosing a good bookmaker is almost as important as making accurate predictions.
For one, you need to be sure you’re not giving your hard-earned money to a shady business. Then, the best esports bookmakers will provide numerous special offers and betting markets as well as deliver on the whole esports cryptocurrency front.
With that in mind, here are our top rated sites that will answer where – and especially how – to bet with bitcoin on esports:
Our journey starts with ArcaneBet. This is an esports gambling platform that offers a 100% deposit bonus (up to €100). They cover a variety of competitive games: from League of Legends and CS:GO to World of Tanks and Clash Royale. As for odds, they’re decent for large competitions, but the site’s main advantage comes from the endless betting markets it offers.
Here’s another site that supports esports cryptocurrency gambling. Although their interface might be confusing, EGB.com offer a plethora of betting options for the most popular titles. Their bonus offers tend to vary depending on the game, so keep that in mind when signing up for the platform. Last but not least, you can always take advantage of great odds for small events, although the same might not apply to major competitions.
Bovada is the perfect bookmaker for North American bettors. Despite the fact that they don’t have an official gambling license, the site has been in the business for over 7 years, and it’s quite reputable. When you sign up, you’re greeted by a 50% deposit bonus (up to $250). The odds are fair, but the esports betting options may be limited since Bovada is more of a conventional sportsbook.
If you’re talking esports crypto betting, Betspawn has a lot to offer. This site specializes in esports, so you’ll find betting markets for giants like Dota 2 and Overwatch as well as less popular games like Rocket League and Warcraft 3. The odds are good, the interface is slick, and the 100% deposit bonus (up to €133.70) makes Betspawn quite tempting.
Kineko is one of the latest arrivals, a wholly Crypto betting and casino portal. The choice of esports, sports, and casino games is very wide. Absolutely to try. Read our Kineko Review.