The 5 things you need to look for when choosing a Bitcoin bookie

5 Things to Check Before Choosing a Bitcoin Bookie

As many people areconcerned about their safety, they are seeking betting platforms that enablethem to use more than just their cards. This is the primary reason why sitesthat offer Bitcoin bookie have become increasingly popular over the last couple ofyears. These websites can offer a lot of things, but some are more importantthan others and this article is about to take a look at them.

1. Faster crypto deposits

Sports betting is funand can be very rewarding, but people have to make sure that the site they’reusing allows them to make fast transactions so they can jump into action.Sadly, this is not always the case when using crypto sites, but the best Bitcoin bookies have proven themselves over time andallow people to make faster transactions than usual. It may even be possible tomake an instant deposit, but this will depend a lot on the specific network.

In addition to the transaction’sspeed, you also need to make sure it is secure. Most of the top sites offeringBitcoin transfers will provide secure options, but it’s worth double-checkingjust to make sure. Bitcoin is the most popular cryptocurrency out there, so youshould be able to make a problem-free transaction. 

2. Licensing and Regulations

The licensing andregulation department is tricky when it comes to cryptocurrency bettingwebsites. The big names in the business will use a permit from at least oneregulator and this is good because it means that the site follows specificregulations. However, not all Bitcoin operators have this thing, so you need totake the time and learn more about everything. 

All reputable BTCoperators will try to have at least one license from popular places like Maltaor Curacao, as well as a permit from some of the countries where they focus on.The licenses help ensure that the brand operates transparently and fairly, andthey offer recourse in the event of a dispute. 

We recommend checking ifthe cryptocurrency site really has a license and if it is active. Once you findthe issuing authority, visit its website and enter the license number to seewhat happens. There are instances where BTC operators claim to hold a license,but in reality, they do not. 

3. Reputation and Reviews

A lot of online bettorslove cryptocurrency payments because of the additional security that they get.While all sites that focus on BTC or something else will offer secure payments,the truth is that not all of them are worth using. Some do not have that manyoptions and are just not as good, which is why players have to try and learnmore about the site’s reputation.

Doing this does not take that much time and it is definitely a step in theright direction. In fact, we’d go one step further and say that it’s also agood idea to read at least a couple of reviews. If you decide to do that, youhave to be mindful because there will always be at least a few negative reviewsabout things that are simply not true. 

You should also becautious if you find a website that has only positive reviews. Sadly, it isvery common for Bitcoin operators to add fake reviews to boost theirreputation. Always try to find reviews from at least a couple of sources so youcan determine if they are actually legit

4. Bonuses and Promotions

Bitcoin bookmakers arefamous for offering secure payments and several other innovative options. Withthat said, they are also bookmakers, which means that they offer similar thingsto their regular customers. This also includes different bonuses and promotions.

The primary differencebetween bookies that focus on Bitcoin and the rest is that crypto operatorstypically offer much more attractive odds. It is common for these sites to havejaw-dropping welcome deals and special offers for existing clients. People canfind free bets, loyalty bonuses, and all kinds of other things. 

Of course, Bitcoincasinos often offer special promotions for users who utilize Bitcoin. Thingslike deposit bonuses and even better odds are more common than people think, soalways check what’s available. Some of these BTC operators will also offeradditional cryptocurrencies, so expect to find even more bonuses.

5. Mobile presence

It’s true that manypeople who use Bitcoin to bet on sports online probably use a computer.However, the number of users who bet on the go increases daily, and companiesare trying to find a way to make sure these people can access everything. Someof them have achieved that by offering dedicated mobile apps, but others haveonly mobile sites.

Before using either, werecommend checking whether the BTC sportsbook will offer the same options formobile users. A lot of companies cut corners and will not let mobile anddesktop clients have access to the same things.