Live Bitcoin Sportsbook

Live Bitcoin Sportsbook – In-play bitcoin betting

Live sports betting is an activity for the thrill seekers – watching, analyzing and predicting the ever changing possibilities and outcomes of a given game or set of games that are occurring live. While not as popular as “regular” betting, live betting goes strong and has found a new ally with the introduction of Bitcoin.

The growing popularity of the online cryptocurrency has given birth to a number of Bitcoin sportsbook sites that have adopted a live betting portion as well. It is a new trend that seeks to expand to mobile betting as well, through dedicated apps.

What live Bitcoin sports betting has to offer is a slew of improvements, including simplified user interface for placing bets in real time, instantaneous deposits and very fast payouts, anonymity of service, i.e. not having to enter your personal details in order to place a bet and so on.

Recommended Sportsbooks for Live Betting

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3 Very Popular Bitcoin sportsbook brand Visit Now Review

The basics

Live Bitcoin sports betting in its core isn’t that different when compared to the “regular” sports betting – the goal is to correctly predict the result or meet the set of required conditions of a match in order to receive a payout. Of course the different nature of live matches means fluctuating odds at a different time of the match.

This in itself is the main reason why live sports betting is so entertaining and at the same time rewarding, and Bitcoin sportsbook sites are taking full advantage of the situation by refining the experience, which will be discussed in the points below.

Presentation and Layout

Concise, laid out and easily distinguishable – is usually the order in which Bitcoin sportsbooks are arranged visually. Since most sites are already “barren” in terms of visual fidelity it is to be expected for a live sportsbook to simply show the current games and the ways to bet on them.

The important things to note here are the start of the match, the type of bets available and the live odds. Should any of this essential information be lacking or not being shown, avoid placing a bet or contact the site’s customer service.

How to Bet Live

The great thing about engaging in live bitcoin betting is its simplicity – just navigate to the live portion of the site, browse through the matches / sports that are available and pick the match that you are interested.

An additional menu or pop up will then display the bet options that are available to you. Usually, soccer matches have the highest amount of bets for a draw, over/under a number of goals and so on.

Keep in mind though that you can also customize your bets by either selecting a single bet or a parlay. The latter can add more matches to your ticket with increased payout reward. You can also select the type of odds – flexible for adjustments on the fly; negotiate which is equal to or better than a specific odds and firm odds.

Sports and Games Supported

The number of supported leagues and sports types varies from one Bitcoin sportsbook to the next though you can expect a steady influx of soccer betting options, ice hockey, baseball, basketball, American football and so on.

Some Bitcoin sportsbooks go beyond to include “obscure” local games, depending on the region and interest involved.

Banking

Making a bet at a Bitcoin sportsbook website that offers live in-play betting is a straightforward  business. Use the selection of available betting options to find your proffered match up and use your Bitcoin wallet address to make the deposit. The process is instantaneous and you will be prompted to enter the same address in order to receive any winnings.

Keep in mind that not all sporstsbooks offer instantaneous payouts since they will need to check and list through the bets and recover Bitcoins from their cold storage.

Security

Thanks to the inherit nature of Bitcoin, security is at all time high even when it comes to betting with Bitcoins at a live sportsbook. Since you will only be using your Bitcoin wallet address to place a bet, you need not worry about data or identity compromise.

Conclusion

One cannot argue against the convenience and sheer amount of thrill when betting at a live Bitcoin sportsbook. Rivaling the offer of regular online sportsbook sites, Bitcoin betting on sports has the advantage of added security, better odds and very fast and secure payouts.