Cryptocurrencies offer several advantages over fiat currency when it comes to betting on sports. These include the anonymity that cryptocurrencies provide, as well as the lack of transaction fees and the potential for quick value appreciation. In addition, many users appreciate the excitement that comes with gambling with digital currencies. Here are some of the reasons why crypto betting is taking advantage of traditional fiat currency betting.
Crypto Sports Betting in India
Welcome to the World of Crypto sports betting! Here you will find the best crypto betting sites, great reviews, exclusive bonuses and plenty of information about crypto betting for the Indian market.
Best Crypto Betting sites in India
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- Excellent basketball odds
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Cryptocurrency is slowly but surely making its way into the mainstream in India. While there are still some legal hurdles to cross, more and more people are beginning to see the benefits of using digital currencies. One area where cryptocurrency is making a big impact is in the world of sports betting. In this blog post, we will take a look at some of the best crypto sports betting sites in India.
We will also discuss the legality of cryptocurrency in India and what you need to know about crypto betting. So, if you're looking for the best crypto betting sites, you've come to the right place. We've reviewed a wide range of sites to find the best ones out there. Above are our top picks.
What is Crypto sports betting
Crypto sports betting is a new and innovative way to bet on your favourite sporting events. Crypto betting has several advantages over traditional sports betting. First, Crypto sports betting is much more secure than traditional sports betting. With Crypto sports betting, all of your bets are placed on a secure, blockchain-based platform. This protects your bets from fraud and scams. Second, Crypto sports betting is much faster than traditional sports betting.
With Crypto sports betting, you can place bets instantly, without having to wait for a bookmaker to process your bet. Finally, it allows you to bet with anonymity. When you place a bet with Cryptocurrency, the system does not share your personal information with the bookmaker or the sportsbook. This allows you to bet without fear of identity theft or fraud. Crypto betting is the future of sports betting. Wag crypto now!
Most popular sports for Crypto betting
At CryptoBettingIndia, we make sure to list sportsbooks that have a variety of options for bettors. This includes sports that are popular in India. Some of these sports include cricket, football, hockey and motorsports. So whether you're a fan of one or all of these sports, you're sure to find a sportsbook that fits your needs. Not to mention, you can also find a sportsbook that offers live betting, so you never have to miss out on any action.
Betting on cricket is a popular pastime for many fans of the sport. There are a variety of different ways to bet crypto on cricket, from betting on the outcome of individual matches to betting on how many runs will be scored in an innings, to betting on who will win the tournament. There are a number of different cricket tournaments that take place throughout the year, so there is always something to bet on. Some of the most popular tournaments include the IPL (Indian Premier League), the ICC World Cup, and the Ashes.
Indian people love football! There are a number of different ways to bet on football, and people can make a lot of money if they know what they're doing. Some of the most popular bets are predicting the outcome of a match, betting on how many goals will be scored, and betting on which team will win a particular tournament. Football betting can be a lot of fun, and it can also be very profitable. So check out recommended best betting sites India has ever seen!
If you live in India, you surely know what this sport is about. Kabaddi is a contact sport that was first played in ancient India. The objective of the game is to score points by crossing the opposing team's line while holding your breath. Kabaddi is a very physical and demanding sport which requires a lot of stamina and endurance. Although not every crypto betting site will offer you crypto betting odds for this sport, some of them definitely will.
Horse Racing Betting
Horse Racing is a very popular sport in India. There are many race tracks throughout the country, and people can place bets on races that take place at these tracks. The most common type of bet is to pick the winner of a race, but people can also bet on other things, such as which horse will finish in first, second, or third place. There are many different ways to bet on horse racing in India, and the crypto odds of winning can vary depending on the type of bet that is placed.
In India, betting on badminton is becoming increasingly popular. This is in part due to the success of some of the country's top players, who have been able to achieve impressive results in major tournaments. As a result, there is now a large and growing market for badminton crypto betting in India. There are a number of different sites that offer to bet on badminton, and the competition between them is fierce. This means that there are some great deals to be had for Indian bettors.
In India, hockey is a popular sport that is often bet on by fans. There are a few different ways to bet on hockey in India, including betting on the outcome of games, betting on who will score the most goals, and betting on which team will win the championship.
Basketball is a hugely popular sport in America and Europe, however, it is also gaining traction in India. While The National Basketball League (NBA) by far is the most popular league in the world, most of crypto bookmakers will let you wager on the Indian UBA Pro Basketball league, too.
India is a country with a long and rich history in wrestling. The sport has been around in India for centuries and is deeply entrenched in the country's culture, so there is no surprise why crypto betting on this sport is getting more and more popular.
Boxing is a dangerous sport and should not be taken lightly. That being said, it can be a lot of fun to place a wager on a big match. There are many different ways to bet cryptocurrency on boxing, and each one has its own risks and rewards.
Crypto betting on tennis is becoming increasingly popular in India. Most of the blockchain betting sites will allow you to bet on major tennis events such as US Open, Australian Open, Roland-Garros and others.
Betting on motorsports is a popular hobby for many people. Some people bet on the outcome of races, while others bet on specific drivers or teams. There are many different ways to bet on motor sports, and the options vary depending on the race or event.
Kho-kho is a traditional Indian sport in which two teams of nine players each try to capture the other team's members. While this sport is not widely known outside India, more and more sportsbook sites are planning to offer this sport to crypto bettors in the future.
Cryptocurrency law in India
The cryptocurrency law in India is still in a bit of flux. Currently, crypto is not considered legal tender in India and the Reserve Bank of India has issued a circular prohibiting banks from providing services to crypto businesses. However, the Supreme Court of India has recently overturned this ban, ruling that crypto cannot be treated as illegal simply because it is not regulated. This ruling opens up the possibility for crypto to be legalized in India in the future. In the meantime, crypto businesses operating in India are doing so in a bit of a grey area.
How does Crypto Betting work?
Crypto sports betting is a form of online gambling that uses cryptocurrency as a means of transaction. Crypto sports betting works in a similar way to traditional online sports betting, with the added benefit of anonymity and security.
Crypto sports betting (and also esports crypto betting) sites allow users to bet on sporting events using cryptocurrency, which can be transferred instantaneously and anonymously. Crypto sports betting is a growing trend as it offers both security and convenience. However, it is important to remember that cryptocurrency betting is still gambling, and there is always the potential to lose money. Always gamble responsibly.
Crypto betting advantages
Crypto betting disadvantages
Crypto betting does have a few disadvantages that you should consider before getting involved. These include the following:
Crypto betting starting guide
Crypto sports betting can be confusing for beginners, but luckily we at CryptoBettingIndia are here to help. In this guide, we will walk you through the steps necessary to place your first bet. If you are familiar with crypto poker or casino sites, the process is very similar. Follow our simple guide and you'll be ready to start betting on your favourite sports in no time.
- 1. Choose a crypto bookmaker
When it comes to betting on cryptocurrencies, there are a few things you need to take into account. The first is to find a reputable crypto bookmaker. Our recommended bookmakers are all trustworthy and have a range of features and benefits that appeal to different types of bettors. So, take your time and browse through the different options to find the sportsbook that best suits your needs.
- 2. Open an account
Cryptocurrency-based sportsbooks offer a much faster and easier registration process compared to traditional sportsbooks. The entire process should only take a few minutes. Don't forget to take advantage of any welcome bonuses offered. This can be a great way to get started with betting on your favourite sports.
- 3. Make a deposit
Deposit crypto for betting is super easy. All you need to do is go to the banking options page, select your crypto of choice, and follow the simple steps. In just a few seconds, you'll be ready to start placing bets on your favourite sports!
- 4. Start placing crypto bets!
Now that you have crypto funds in your account, it's time to start placing crypto bets! Each cryptocurrency sports betting site has its own range of games available, so be sure to explore the options before placing any bets. Always look for one offering best crypto odds.
How we review Crypto betting sites
Finding a decent cryptocurrency betting site may be difficult. There are many of them out there, and it might be difficult to figure out which one to trust. It requires meticulous study, comparisons to alternative choices, and in-depth knowledge of the sector. That's why we've spent hours researching and comparing each crypto gambling company. The approach we have taken to assessing and evaluating best crypto betting sites is outlined below:
We thoroughly check the reputation of the bookmaker by searching what others are saying about them online. We also make sure they offer competitive odds so you won't get ripped off! Different crypto sportsbooks have different restrictions on which countries can register. You can usually find this information in the FAQ section or the Terms and Conditions. Make sure to check this before you register, as your country may be prohibited from using the website.
When it comes to Crypto bookmakers, licenses and regulations are extremely important. Without these, it’s difficult to ensure fairness and competitiveness. A license guarantees that the bookmaker isn’t holding an unfair advantage over players, which is essential for a positive betting experience. We make sure that our featured bookies possess these licenses so that you can enjoy interacting with them in a secure environment.
Betting dashboards are of crucial importance for every bookmaker. It is also a very important factor in what makes a good sports bettor. Customers should be able to identify betting options, get an overview of available odds and quickly place a bet without having to dig for information. Having a clean, well-organized website is critical when it comes to building credibility before the bettor places the first bet. We evaluate the user experience and whether or not placing bets online is quick, simple, and easy. This is why we make sure to check out betting sites in great detail because even the smallest details can have a big impact on our evaluation of them as well as how they perform.
A bookie needs to provide as many options for bettors as possible. Cryptocurrency betting is considered by many to be an art form, with all types of bets on the table, from straight-up point spreads and moneyline wagers on individual games to bets regarding whether a team will score or not in the first quarter. While different sportsbooks use very different formats and rules to calculate their odds and payouts, variety is key: most punters want to see a full array of bets available when they open their accounts at new sites, and any available option should appear prominently on those sites’ homepages.
Fees are usually associated with cash-outs and deposits due to the relatively complicated procedures involved in verifying a customer’s identity. Most sportsbooks have already acknowledged this, which is why they usually don’t charge any fees at all. Some bookmakers offering crypto bets still do. This trend could indicate that they’re either behind the curve or simply not concerned enough about their customers’ needs to provide a better service at a better price.
Bonuses & promotions
When it comes to betting with Bitcoin or any other crypto, it’s important to choose a bookmaker that offers bonuses and additional perks. With so many options out there, it can be difficult to know where to start. But don’t worry, we’ve done the research for you and compiled a list of the top bookmakers in the business. Each of these bookmakers offers deposit bonuses and other great benefits, so you’re sure to find one that suits your needs.
Crypto Betting Apps
Mobile crypto betting apps are becoming more and more popular as time goes on. In fact, a study by App Annie found that in 2017, mobile app revenue was $60 billion, and it is projected to grow to $100 billion by 2023. This is because people are increasingly using their phones for more activities, including gambling.
There are several advantages to using mobile betting apps instead of websites. First, crypto betting apps are typically faster and more user-friendly than websites. Second, many apps offer bonuses and other promotions that aren’t available on websites. And finally, mobile apps tend to have a larger selection of games than websites do.
It’s likely that the popularity of mobile crypto betting apps will only continue to grow in the future. This is because they offer a number of advantages over traditional betting websites, and they’re becoming increasingly popular with people all over the world.
What kind of Crypto Bet Can I Make?
You can make all sorts of Crypto bets, including money line bets, point spread bets, and Totals (over/under) bets. You can also bet on futures, props, and parlays.To learn more about the different types of bets you can make, check out our guide to sports betting.
Moneyline Crypto Betting
Moneyline crypto bets are the simplest kind of bet you can make. With a moneyline bet, you simply pick a team or player to win. The odds will be expressed as a positive or negative number. A positive number means the team is an underdog, and a negative number means the team is a favorite.
Here's an example: Let's say you want to bet on the Los Angeles Lakers to beat the Golden State Warriors. The Lakers are +5, meaning they're 5-point underdogs. If you bet $100 on the Lakers and they win, you'll profit $500 (Your $100 bet plus $400 in winnings).
On the other hand, if you wanted to bet on the Warriors, they would be -5. This means they're 5-point favorites. If you bet $100 on the Warriors and they win, you'll only profit $80 (Your $100 bet plus $80 in winnings).
Point spread crypto bets
They are similar to moneyline bets, but with one important difference. With a point spread crypto bet, the favorite must win by more than the spread, and the underdog must lose by less than the spread, for you to profit.
Here's an example: Let's say you want to bet on the New England Patriots to beat the Denver Broncos. The Patriots are -7, meaning they're 7-point favorites. If you bet $100 on the Patriots and they win by more than 7 points, you'll profit $100 (Your $100 bet plus $100 in winnings).
On the other hand, if you wanted to bet on the Broncos +7, you would need them to lose by less than 7 points. If they lose by more than 7 points, you would lose your bet.
Crypto Totals (over/under) Bets
With a Totals (over/under) bet, you're betting on whether the total score of a game will be over or under a certain number.
Here's an example: Let's say you want to bet on the New York Jets to beat the Buffalo Bills. The total for this game is 42.5. If you bet the over, you're betting that the final score will be 43 or more.
If you bet the under, you're betting that the final score will be 42 or less.If you bet $100 on the over and the final score is 44-10 Jets, you'll profit $270 (Your $100 bet plus $170 in winnings). On the other hand, if you bet $100 on the under and the final score is 42-0 Jets, you'll also profit $270.
Asian Handicaps Crypto Betting
Asian handicaps are a type of bet available on football. In this market, punters can take advantage of a number of Asian Handicap options, with the most popular being the 0.5 goal handicap.
Essentially, this handicap gives one team a head start of half a goal and the other team a deficit of half a goal.
For example, let's say that Manchester United are playing Arsenal in the Premier League. The bookmaker may offer odds of 1.90 for Man Utd (-0.5), 2.00 for Arsenal (+0.5), or 1.95 for the draw. In this instance, Man Utd are favourites to win as they have been given a head start by the bookmaker.
If you bet on Man Utd (-0.5) and they win the match 1-0, your bet is a winner as Man Utd have effectively won the match 1.5-0. If you bet on Arsenal (+0.5), then you need Arsenal to either win or draw the match for your bet to be successful.
If the match ends in a draw, then all bets on Asian Handicaps are void and your stake is returned to you.
Asian Handicaps can be used in a number of different ways, but they are most commonly used in football betting. Other sports that offer Asian Handicap markets include basketball, tennis and rugby union.
Asian Handicaps can be found on a number of different betting sites, but it is important to shop around for the best odds before placing a bet.
Futures Crypto Betting
With a futures crypto bet, you're betting on a team or player to win a championship at the end of a season.
Here's an example: Let's say you want to bet on the Los Angeles Lakers to win the NBA Finals. If you bet $100 on the Lakers at the beginning of the season and they go on to win the Finals, you'll profit $1000 (Your $100 bet plus $900 in winnings).
On the other hand, if you bet on the Warriors to win and they don't even make it to the Finals, you would lose your entire bet.
Props Crypto Betting
With props crypto betting, you're betting on something that will or won't happen in a game.
Let's say you want to bet on whether the New England Patriots will score a touchdown in the first quarter.
If you bet $100 on them to do so and they score a touchdown, you'll profit $250 (Your $100 bet plus $150 in winnings). If they don't score a touchdown, you would lose your entire bet.
Parlays Crypto Betting
With a parlay crypto bet, you're betting on two or more teams or players to win. Let's say you want to bet on the Los Angeles Lakers and the Golden State Warriors to both win their games.
If you bet $100 on the Lakers +5 and $100 on the Warriors -5, and they both win, you'll profit $400 (Your $200 bet plus $200 in winnings).
However, if even one of them loses, you would lose your entire bet. As you can see, there are many different types of bets you can make with Bitcoin.
Each type of bet has its own set of rules and odds. Be sure to research each type of bet before placing your bets. In addition, be sure to shop around for the best odds and lines. Different sportsbooks will offer different odds and lines for the same game. By shopping around, you can ensure that you're getting the best possible value for your bet.
Crypto Betting on Reddit
Crypto sports betting is a growing trend on Reddit, with more and more people discussing the topic every day. There are a variety of reasons why crypto betting is becoming more popular, but the most common reason is that it allows bettors to avoid traditional banking products and fees. It also offers a higher degree of anonymity than traditional sports betting, which is appealing to many Reddit users. In addition, sports betting crypto provides access to a wider range of sports and events than traditional betting sites. With so many benefits, it's no wonder that crypto sports betting is becoming one of the most popular topics on Reddit. Join for Reddit crypto bets predictions and discussions.
Responsible sports betting
While sports betting can be a lot of fun, it's important to remember that it's also a form of gambling. And like all forms of gambling, there is a risk of becoming addicted. If you think you may have a problem with gambling addiction, we urge you to seek help from a professional organisation such as GambleAware or Gamblers Anonymous. Crypto sports betting is still a relatively new phenomenon and so there is not a lot of research on the subject before you find a best betting sites. But if you are going to bet with cryptocurrency, we recommend that you do so responsibly.
Can Blockchain change sports betting?
The short answer is yes. Blockchain can most definitely change sports betting, and in a number of ways. For one, it could make the entire process more transparent and secure, which would be a huge boon for both bettors and bookmakers. Additionally, it could also help to create new opportunities for betting, such as on-chain betting or smart contract-based betting. So, if you're interested in how blockchain might change sports betting, read on!show more
1. Increased transparency
One of the biggest potential changes that blockchain could bring to sports betting is increased transparency. At present, there is very little transparency in the industry, which can often lead to problems such as corruption and fraud.
However, with blockchain technology, all bets could be recorded on a public ledger, which would make it much harder for anyone to rig the system. This would create a more level playing field for everyone involved, and could ultimately lead to more fair outcomes for bettors.
2. New betting opportunities
Another way that blockchain could change sports betting is by creating new opportunities for betting. For example, on-chain betting could allow bettors to place bets directly on the blockchain, without having to go through a third-party bookmaker. This would have a number of advantages, such as reduced fees and faster payouts.
Additionally, smart contract-based betting could also be used to create new types of bets, such as on the outcome of events or on the performance of individual players.
So, if you're looking for ways to get more out of your sports betting, then blockchain could definitely be worth exploring.show less
Our favourite Crypto betting site for 2022
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Check our latest news
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Frequently Asked Questions
Crypto sports betting is an emerging trend in the online gambling world. Rather than using government-issued currency, crypto sports betting allows users to place bets on sporting events and leagues using cryptocurrencies. This has a number of advantages, including increased privacy and security.
Cryptocurrency betting is technically illegal in India, but our research has found no cases of people actually facing any charges for doing it. The government and banks have made efforts to restrict crypto transactions in the country, but so far they haven't been very successful.
Cryptocurrency is just as safe as any other form of currency and so placing sports bets with it should pose no more risk than if you were using fiat currency. However, on the other hand, the value of cryptocurrency can fluctuate quite considerably and so your bet (and winnings) may be subject to change depending on the value of the currency at the time you place your bet.
One of the main advantages of crypto sports betting is that they are usually anonymous. This means that there is no personal information required to sign up or place a bet. This makes it much harder for anyone to track your betting activity or steal your identity.
Cryptocurrency is often lauded for its many benefits. But it's important to remember that any investment comes with risks. Before you put your money into cryptocurrency, take a step back and assess the potential downside. This is not to say that you should avoid cryptocurrency altogether. But you should go in with your eyes open to the possible losses you could incur.
There are many cryptocurrency exchanges available where you can create an account and buy currency. You can store what you buy in a digital wallet. If you want to buy and sell, you can open a brokerage account.
You can bet on a variety of sports with crypto. Some of the more popular options include football, cricket, basketball, horse racing and hockey. If you're looking for a more obscure sport to bet on, there are plenty of options available as well.