Bitcoin Betting in the US: Online bitcoin sports betting has always been a big business in the United States. The illegal gambling market in the United States also amounts to billions of dollars a year.
Electronic sports, by themselves, are a huge market. They move more than $ 224 million annually in the United States and experts predict that it will reach $ 1.5 billion globally by 2020. Combining it with internet gambling is like making a Molotov cocktail.
Bitcoin Betting in the US:
You too can be part of that explosive growth by betting on your favorite esports. The first step to do this is to enroll in a recommended bookmaker, such as those included in the following list:
– 22Bet Sports
– 10cric Sports
– Spin Sports
– Betway Sports
Why American punters in eSports should consider using Bitcoins?
One of the challenges facing American gamblers is moving the money. Due to the law popular as UIGEA, banks must not process payments to or from illegal sites or outside of the United States.
This is a real headache. They may reject your payment or the bookmaker is having trouble getting your money to you. Then, when they finally get paid, your bank may reject the payment or the check may be uncollectible.
However, there is a solution for all of that: you can use Bitcoins instead of traditional payment methods.
Bitcoin Betting in the US – Advantages:
You don’t need to create an account or give your information to anyone before buying, selling, using or investing in bitcoins. This implies that no one will know what you are using them for, including Internet gaming.
Nor will you have to provide your data to the betting site.
Trading bitcoins is cheaper for bookmakers, as there are no third parties to count on. They do not have to pay the commissions that they would have to pay to use conventional currencies.
Some bookmakers pass this savings on to their clients, which results in more favorable betting lines. Check more about the betting lines here.
Higher betting limits:
Bookmakers have to worry about charges that may reverse by credit or debit card users.
However, that is not a problem with bitcoins, since it is not possible to reverse payments. As there is no such risk, some bookmakers will accept higher limits for deposits and bets.