Best Bitcoin Sportsbooks

The sportsbook is a traditional name for a gambling place where the interested gamblers place bets on different kinds of games. The sports-book term is famous for registering and maintaining bets in the old time, but nowadays, betting on the sport events or games is done through online portals. The sportsbook terms has also been adopted for online gambling for different sports events and sports matches.

The sport betting covers a wide range of traditional as well as modern sports and their events; some of the most important sports include football, car racing, boxing, hockey, soccer, baseball, basketball, golf, horse racing, cricket and others. The major events, which are popular for sports betting includes NBA, NCAAB, MMA/UFC, world cups of different sports, ATP tournaments, and many others.

There are different rules and regulations for every sport to bet on; a gambler can bet on winning individual or team, on favorite teams or individuals or even on underdog teams or individual players in different sports matches. Normally, the teams are displayed with their standing and money line values. The money line values the money that is paid to the gambler by the sportsbook. The favorite team or individual is identified by the sign placed before the money line rate against that. A plus (+) sign indicates that the team is an underdog and a minus (-) sign indicates that the team or individual is a favorite one. A competitor to Bitcoin Sportsbooks can be the trending Bitcoin Prediction Markets where you can basically bet on anything. A comparison of the Bitcoin Prediction Markets available at the moment can be found here.

 

Cloudbet.com Sportsbooks

cloudbet.com-logoThe Cloudbet bitcoin casino website is one of the major casino website that offers sports betting on a wide range of sporting events and matches across the globe. This website supports multiple popular sports for betting; among such sports, a few important ones include Baseball, Basket Ball, Cricket, Futsal, Golf, Handball, Motor Sports, Rugby League, Rugby Union, Soccer, Tennis, Volleyball and others. This bitcoin casino website covers all major sports events popular in all major countries and regions in the world. The major sports events organized in Australia, Europe, North America, South Africa, India and other parts of the world are covered for online sports betting here on this website.

This website offers two kinds of betting such as Straight Betting and Parlay Betting. You can play betting on current as well as upcoming sporting events across the world. This website also offers the wagers with the options to bet for wins, losses, scores, single player performance and many others. The Cloudbet bitcoin casino website offers different features such as 100% welcome bonus, 2-steps authentication, cold storage, and fast bitcoin deposit and withdrawals. You can also benefit from an attractive affiliate program and promotional offers on this website.

Visit Cloudbet Website Read our Cloudbet Review

 

Casinobitco.in Sportsbooks

casinobitco.in-logoThis website is one of the most famous bitcoin sports books available in the marketplace. You can play betting for numerous games on this website, such as Soccer, Tennis, Hockey, MMA Boxing, Baseball, Football, Basketball, and others. This is one of the fastest sports betting website that introduces the sports events for betting well ahead of the time they are due to start. This way, the gamblers can bet on different sports in numerous situations. The most competitive odds supported by Casinobitco website include NHL, NCAA Football, MLB, NFL, NBA, Soccer and others. This website also offers betting for ATP and WTA tennis tournaments well ahead of their starting.

This is a provably fair website for betting and offers lucrative bonus and commission based schemes to register and play on this website. You can also earn the substantial amounts of commissions through an attractive affiliate program on this website.

Visit Casinobitco WebsiteRead our Casinobitco.in Review

 

Coin178.com Sportsbooks

coin178.com-logoThe Coin178 website offers as much as 200% welcome bonus to register and play betting on this website. This is one of the famous bitcoin sportsbooks in the online marketplace. You can enjoy numerous sports for betting, such as Badminton, Cricket, Soccer, US Football, Motor Sports, Snooker, Ice Hockey, Tennis, Volleyball, Rugby, Golf and many others. All major events and tournaments of the supported sports are available for betting on this site. You can play live for current events as well as for the upcoming events. All sports events played in all major countries across the world are supported for online bitcoin sports betting on this website. Among such countries, a few include Australia, European countries, USA, Canada, India, China, South Africa, Latin American countries and others.

This website is one of the largest sports betting websites that is legal and registered. It is a secure and reliable website that offers many features related security and reliability to create a great experience a bettor. An attractive affiliate program and loyalty bonuses are also available to enjoy on this website.

Visit Coin178 Website Read our Coin178.com Review

 

 

Sports Betting Example

To make it easier to understand the sports betting, we take an example of car racing. For example, we have three players – Player A, Player B, and Player C – in a car racing match. The details of betting money line rates are given below:

Player A = +240

Player B = -100

Player C = +300

In the above scheme of betting rates, Player A and Player B are rated as underdogs and Player B is a favored player to win this race. If you bet for favored you will win less as compared to the underdogs; but winning chances of the underdogs are less. If you bet $100 dollars for favorite player and he wins, you will get just $100 and your bet of $100.

Thus, you get $200 if your player wins. If you bet $100 on Player C, which is underdog and he wins, you will get $300 and the amount that you bet ($100). Thus, you will win $400 dollars if your player wins.

The same procedure is followed for other sport matches in bitcoin casinos too. In bitcoin casinos you just bet in digital currencies rather than regular currency.

In the old days, a bookie – the holder of betting notebook – used to record the bets of different gamblers in his or her book. In today’s modern era of the internet, you just bet through software tools online by using the most secure digital currencies such as bitcoin, dogecoin and others.

There are many bitcoin sports books that are offering betting services to the interested wagers across the globe. These websites offer betting on all popular events in different sports.

A detailed comparison of the Bitcoin Sportsbook Websites can be found here. The major bitcoin sports betting website are described above.