The advantages above might appear pretty lucrative, and rightly so. Still, do not jump in blindly. A Bitcoin sportsbook is not automatically reliable because it offers BTC or other cryptos as payment methods.
You need to scrutinise all the important features of any crypto gambling site you intend to use. We will point out some of the most important ones. However, it will be hard to find a single bookie that will offer everything you need. Weight the pros & cons of each one carefully before you join.
Hybrid & Crypto-only bookies
The majority of new Bitcoin sportsbooks fall into these two categories. The main difference is the way they handle your crypto deposits. Hybrid bookies convert your cryptocurrencies into FIAT currency like dollars, euros, rupees, etc. Nonetheless, you will get your eventual winnings back in the original cryptocurrency form. This method allows you to avoid the high crypto market volatility so that you can focus purely on betting.
On the other hand, crypto-only bookies are the favourite pick of crypto purists. The in-game wallets support only cryptocurrencies, and all your bets are placed with the coin you have selected. Avid bettors try to play the market and place successful bets simultaneously to maximize profits. Extremely risky, but extremely exciting too. See what suits your playstyle.
We have already established that crypto bonuses & offers are some of the best in the industry. So, it is very important to find a bookie with valuable ones. The best bitcoin sports betting sites will offer some type of cashback or rebate program, as well as daily/weekly deposit boosts. Do not limit your research exclusively to welcome bonuses. Some operators will reward your loyalty abundantly.
Promotions and bonuses are not the only way to gain an edge. An adequate sportsbook needs to offer some essential features, like Cash-Out, Bet-Builder, Live-Streaming, Fast-Bets and other more specific ones, like Edit-Bet, Request-a-Bet and Partial Cash-Out. These mechanics allow extra flexibility and add enormous value to your betting.
Moreover, many such available features show reliability on the part of the website and that it cares about offering a pleasant experience to its players. Do not forget to check the overall payout on the markets that interest you.