UK Bitcoin Sportsbook Options
This article explores the online sportsbooks that are best suited for UK bettors looking to place their bets using bitcoin currency.
UK’s government is looking into online cryptocurrencies like Bitcoin and plans to assess the advantages they have to offer in order to bolster Britain’s position in the existing and emerging global markets. This is a great plus to betting in general since most UK based online establishments will finally receive the legal treatment, and allow for a more diverse and expansive market.
Players can rejoice as well since Bitcoins are already changing the online betting landscape, with faster and more secure service, more competitive odds and betting options and not to mention, the sheer variety of sports available to bet on.
With all this emergence factor, it is nice to be able to distinguish the “best of the rest” in the case of Bitcoin sportsbooks that are available to UK players. We’re here to offer basic insight into what you should be looking for when finding that perfect place to play your favorite sports.
Top Picks for UK Bettors
| Rank | Site | Description | Rating | Bet Now |
|---|---|---|---|---|
| 1 |
|
Top Rated Sportsbook with Exclusive Bitcoin Raffles | Visit Now Review | |
| 2 |
|
Premium Bitcoin Sportsbook | Visit Now Review | |
| 3 |
|
Very Popular Bitcoin sportsbook brand | Visit Now Review |
Where to Start
As it is evident with most online gaming activities, your best bet is to look for the most prominent, i.e. fan favorite sportsbooks. The landscape has changed however with the introductions of Bitcoins so there will a whole separate market to look through, with dedicated sportsbooks that work entirely with Bitcoins and those who accept payments with the cryptocurrency.
The rest falls down to the amount of content available – odds range, bet options, live betting, promotions and bonuses and of course, sports covered. Let’s examine each more closely so you can more easily devise a sportsbetting strategy on your own.
Bet Types and Odds
Bitcoin sportsbooks are in many ways superior to regular sportsbooks and one of the most easily recognizable advantages is bet odds. Since Bitcoin sportsbooks are void of fees and other regulations imposed with fiat currencies, the odds are way better and can be set to be fixed or interchangeable, depending on your preference.
As for the bets themselves, you get the option to use straight bets, parlays, fixed bets, propositions, reverses and many more which guarantee smaller payments but greater chances of winning. Keep an eye out for milestone jackpots which are often offered by some Bitcoin sportsbooks.
Selection of Sports
UK players can bet on all of their favorite domestic and foreign matches, with leagues ranging to include football, cricket, boxing, golf, rugby, and more. Here is a short overview of what you can except to find at a UK friendly sportsbook:
- Football – Premier League, FA Cup, League One and Two, Conference National, Championship League, World Cup, etc.
- Rugby- Rugby League, Rugby Union, The Rugby Championship, etc.
- Snooker- International, PTC European Tour, etc.
- Badminton
- Motorspots
- Cricket
- Basketball
Banking and Security
Most Bitcoin sportsbooks only require UK players to enter their email address and a unique password in order to create an account and be able to use their Bitcoins to place bets. It is an elegant and extremely convenient solution which removes the usual security risks and reduces the wait times and the involvement of fees.
Since Bitcoins are an online currency, their acceptance is immediate – the site assesses your Bitcoin wallet address (if it has enough funds to make the payment) and the required amount is subtracted from your account. The payouts can take some time to be processed, usually since the sportsbooks tend to keep their Bitcoins in a cold wallet for extra security.
Bonuses and Promotions
An unsurprising lack of promotions is present at many Bitcoin sportsbooks but that isn’t to say that you won’t find one. This is mostly due to the fact that not all sites require accounts from players, but those that do, often have incentives in the form of first deposit bonus, free bets, weekly milestones and more.
Recommended Sportsbooks
As we mentioned earlier in the text, a good tipfor newcomers is to start off betting at the well established and respected sites on the market. These sportsbooks have earned their reputation for a reason – good selection of sports, timely and secure payouts and some form of promotional package.
Make sure to check out the likes of Anonibet, Bitcasino sportsbook, Nitrogen Sports or Jetwin and you will be off to a roaring start.
Conclusion
It seems UK bettors have gotten a great new sportsbetting equivalent thanks to the emergence of Bitcoin powered sportsbooks. By offering the same betting options as other sportsbooks with flat currencies, but combined with advantages in the form of better odds, faster and more secure transactions and anonymous betting, these Bitcoin sportsbooks are a real treat to new and old bettors alike.