Crypto betting is very popular today and many punters try to trick the sportsbook or the crypto casino to land the next big winning. But sometimes it’s not that easy to do it. Yet, crypto bettors don’t give up their chances.
What is crypto betting?
Crypto betting is a form of online gambling where you use cryptocurrencies such as Bitcoin, Litecoin, Polkadot, and Ethereum to place bets. It’s similar to traditional sports betting and casino betting, but the key difference lies in the use of digital currencies instead of conventional fiat money.
It has some very nice advantages. For example, crypto betting is all about the better privacy, quicker transactions, and sometimes (but not always) lower transaction fees. The platforms that support crypto betting often provide a wide range of betting options, as they want to “steal” customers from the traditional online casinos.
Crypto betting also tends to offer a global reach. Punters from various parts of the world can participate without the constraints of traditional banking systems.
Is crypto betting different than standard sports betting?
Crypto betting works in the same fundamental way as traditional (fiat) sports betting. You place a wager on a particular event, set the amount you wish to bet, and then wait for the outcome to see if you’ve won.
We’ve already explained the main benefits cryptocurrencies for betting, such as faster transactions and much better privacy. These features are what separate crypto betting from traditional betting.
But other than that, it’s basically the same. Whether you bet with crypto or fiat, the adrenaline of predicting sports results and the possibility of winning remain consistent across both platforms.
Which are the most common crypto betting strategies to aim for the big win?
We know a lot of strategies like “managing bankrolls”, and others that simply don’t work. And they are pretty plain. That’s why, we will try to refrain from them and provide your with strategies that can bring you a lot of joy, and hopefully – some nice payouts, too!
1. Martingale – the best betting strategy for high-stakes punters
Yes, we know the Martingale system is often touted as the best betting strategy, especially for those with deep pockets. The concept? Remarkably straightforward. Each time you lose a bet, you simply wager double the amount of the previous bet. The catch is to consistently pick odds of at least 1/1, or moneyline 100, to make it profitable.
In soccer, where draws often provide odds around 2/1, the Martingale finds a fertile ground. For example, you place your bet on a mid-table team to draw (you don’t want to bid for the best teams). Mid-table clubs have good chances to draw, so it’s naturally the most sensible thing to do. The likelihood of winning eventually seems high, which is part of the good news.
However, there’s a caveat. That risky strategy demands a substantial bankroll to withstand potential losses. A prolonged series of losses can quickly escalate, turning the dream of a big win into a rather expensive chase. It’s that very possibility of a long losing streak that could indeed bring a punter’s nightmares to life.
2. Go small for the win – a decent strategy for small bets
Go small for the win is a prudent strategy tailored for punters who favor small bets. It’s not about frequent big wins; instead, the approach focuses on selecting 10-15 events that have a strong likelihood of happening. When you cluster these high-probability bets, you set the stage for a boost.
Take the BC.Game casino and sportsbook, for instance, they offer a 50% bonus on top of your odds, which certainly counts as good news. But there’s a hook: you must hit the minimum odds to activate this bonus. It’s essential to stay vigilant about the odds a sportsbook offers. If the odds are too low, the strategy may not hold much merit, as it could significantly diminish your potential winnings. So, while the approach may seem conservative, it demands attention to detail to ensure the boosts genuinely enhance your small bets.
3. System bets – a mixed bag, but can be good if you know what to do
System bets, like the Trixie, Yankee, and their larger counterparts, Canadian, Heinz, Super Heinz, and Goliath, offer a spectrum of risk and reward. A Trixie, starting small with just four bets across three events, is low-risk. It’s perfect if you aim for some return as long as two of your picks are winners.
Move up to a Yankee, and you juggle 11 bets from four matches—a bit riskier, but with a higher potential reward. You’ll need at least two correct picks to see a return. The Canadian escalates things with 26 bets over five events, which pushes the risk higher while spreading your chances.
With Heinz bets, you’re playing the long game with 57 bets across six events. Super Heinz and Goliath bets, with their 120 and 247 bets respectively, cater to those with larger bankrolls and an appetite for extensive coverage across multiple events. These bets are not just about winning big; they’re about strategic play and managing risk according to your betting goals.
4. Hedge – the best way to secure a win
Hedging is a smart way to make sure you win, especially when you’re close to a big payoff but worried about the last step. For example, you’ve got a bet slip with 12 wins and you’re just waiting on one last game to seal the deal. Instead of biting your nails and hoping, you hedge.
For instance, let’s say your final bet is on the Miami Heat with a spread of +8.5 against the Boston Celtics. You’ve put down $10 aiming for a total win of $1,500. To hedge, you’d bet on the Celtics in such a way that no matter who wins, you still come out with money. If the odds are -111, you might need to place about $790 on the Celtics. This brings your total betting to $800, but secures that $1,500 win, regardless of the game’s result.
From our own experience, that strategy is often better than cashing out early, which might lose you all the bet bonuses you’ve accumulated or result in a smaller win. Hedging lets you stay in control and is the only strategy that 100% means you walk away a winner.
5. Predict live events – it’s the best strategy if you are experienced
Predicting live events stands as an excellent strategy for those experienced in sports dynamics, especially in soccer. By betting live, you leverage real-time insights, adjusting your bets based on which team controls the game. You can confidently bet on aspects like corners and throw-ins when one team dominates.
For instance, if a team maintains strong offensive pressure, it’s likely they will win more corners. Similarly, if you notice a team is playing aggressively or appears nervous, placing a bet on them to receive yellow cards could prove profitable. These decisions hinge on careful observation of the game and understanding how teams react under various circumstances.
However, betting on which team will score next can be risky. Soccer is full of surprises, and a quick counter-attack could nullify all previous predictions.
Advanced tips for crypto betting
Okay, we’ve covered the main betting strategies. However, if you want to put some money on the line, you need advanced tips and strategies. That’s why we will provide you with a few of them here
Dutching
Dutching is a common betting strategy that works in the following way – you spread your bets across multiple outcomes to increase the chance of winning. Instead of placing all your money on one outcome, you distribute your stakes among multiple options, so that the returns from any winning bets cover the losses on the others.
For example, you place a bet on a soccer match between Team A and Team B. You believe that the match is likely to end in a draw, but you recognize that there’s also a good chance Team A might pull off a narrow win. If you want to ”dutch”, you could allocate your bets as follows: 60% on a draw and 40% on Team A winning. By calculating the odds and adjusting your stakes accordingly, you aim to achieve the same return regardless of whether the match ends in a draw or a narrow win for Team A.
The method is very useful in events with multiple possible outcomes. Common sports that allow the strategy are horse racing, greyhounds or competitive sports, where the prediction of a single winner is hard to do. If you apply the dutching, you can manage your risks and increase your likelihood of a profitable outcome.
Early cashout
Early cashout is a feature that is part of many sportsbooks that lets bettors settle their bets before an event ends. The option provides an opportunity to lock in profits or cut losses based on the current status of the bet.
For instance, imagine you’ve placed a 15-leg parlay across various sports – basketball, football, tennis, and more. Let’s say 14 of your 15 selections have won, and only one soccer match remains. The final match is ongoing and though your team is leading, it’s a close game and anything could happen in the last few minutes.
With so much uncertainty, you decide to use the early cashout feature. By doing so, you secure a guaranteed payout, which is less than the full potential winnings if all 15 legs win, but more than you would receive if the final match turns sour.
Live over 1.5 goals (soccer)
Betting live on over 1.5 goals in a soccer match is another good strategy for soccer punters. Typically, pre-game odds for over 1.5 goals can be quite low, often under 1.40 in decimal odds. To capitalize better, a savvy approach is to wait for the first 30 minutes of the game to pass without goals.
As most soccer games see the action, and potentially the goals, intensify in the second half, the odds for over 1.5 goals will generally increase as each goalless minute ticks by.
With that strategy you only need two goals to be scored in the entire match to win your bet, which is a common occurrence in soccer. If you stay calm and wait out the first part of the game, you enhance the potential return on your bet compared to the lower pre-game odds. The method increases the value of the bet and also uses the natural flow of the game to the bettor’s advantage.
Become a specialist in a league
Becoming a specialist in a specific sports league, like the NBA, is a tactical approach recommended for those looking to elevate their betting success. It’s impractical to cover all markets effectively, so focusing on just a few leagues allows you to get into the intricacies of each team and player.
If you put your attention on the NBA, for example, you can gather detailed knowledge about team strategies, player forms, injuries, and other critical factors that influence game outcomes. The dedicated focus helps build a robust understanding of how different matchups are likely to unfold.
While specialization in one league doesn’t guarantee wins – since there’s always an element of unpredictability in sports – it significantly improves your chances of making informed bets. If you know what to expect from each team, that will help you identify value in the odds, which makes your betting decisions smarter and more strategic.
1X on home outsider
Betting 1X on the home outsider, also known as a double chance bet on the home team to either win or draw, is a prudent strategy in sports betting. It’s a tip for those who want to leverage the home team’s advantage of playing on familiar territory, which can often help lesser-known or underdog teams secure at least a draw against stronger opponents.
When you place a 1X bet on the home outsider, you’re essentially covering two outcomes: the home team wins or the match ends in a draw. That reduces the risk compared to betting solely on a win, which makes it an attractive option for games where the home team can pull off an upset or holding a dominant team to a draw.
For example, in La Liga (Spanish league) Getafe has won 28 points at home out of their total 39. The team has 8 of their 9 wins home.
Find the best betting lines
Finding the best betting lines requires careful comparison, especially since odds can vary significantly between events and sportsbooks. Although some events may have similar odds, the actual probability of each outcome can differ. Through our reviews of numerous crypto betting sites, we’ve observed that odds tend to be more favorable in popular leagues. Conversely, bookmakers often take a higher “juice” or commission on less popular sports, which can negatively affect the potential returns.
For punters who place substantial bets on single events, these differences can be crucial. In some instances, the disparity in returns could reach up to 10%, particularly if a sportsbook is offering enhanced odds on specific, heavily advertised events. For example, since Stake.com is a sponsor of UFC fighter Israel Adesanya, they often provide the best possible odds for his victories. Smart bettors should capitalize on these opportunities, so that they always shop around for the most competitive lines to maximize their potential earnings.
Which are the best crypto betting platforms?
We’ve already covered some of the most common tips and betting strategies that can increase your chances. However, you cannot really apply them, unless you play at the best crypto betting sites which allow you to scale your skills and make the “big win”
Without furder ado, we’ll show you our favorites (which are based on strict criteria that we’ll explain later).
#1 Stake.com – The best crypto betting site in the world
Stake.com might ring a bell as the betting app Drake uses, yet there’s more to this Cyprus-based, Curacao-licensed sportsbook. It shines for those who prefer to bet with cryptocurrency, offering a seamless experience for crypto enthusiasts.
Don’t use crypto? You’re still in good hands. You can use your debit or credit card to make a deposit, which will be easily converted to Bitcoins, Tethers, etc. Stake ranks as a top-notch sportsbook globally, thanks to its user-friendly interface and competitive odds. The variety is of betting markets impressive. NFL, NBA, and college sports all on the menu. Whether you’re into pre-game markets or live bets, and player props, the Stake casino bookie segment provides great opportunities. Soccer is also covered, so you won’t miss anything.
You can take part of many interesting bonuses, but the main ones are the Stakes’ Daily Races which are worth $100,000 or the Weekly Raffle that grants winners with a slice of the $75,000 prize. You also get situational bonuses, like the MLB Early Homer Payouts and NBA Double Winnings.
The platform extends beyond the big leagues, and it’s not a coincidence. You can bet on tennis, rugby, boxing, and many other sports (over 25). And don’t forget esports. And while the absence of a mobile app might be felt, the mobile web experience makes up for it with function and ease. Stake’s live betting keeps pace with the best, though they could improve load times.
- Good amount of sports betting markets
- Great odds
- Special bonuses you can enjoy
- Live bets are great
- No mobile app available
- No welcome bonus
#2. Cloudbet – The biggest crypto bonus for sports betting fans
Cloudbet takes the crown as a premier online crypto sportsbook known for its user-friendly interface and solid reputation. The gambling site was launched back in 2013, which makes it if not the oldest, then the near-oldest betting site that supports crypto. it’s dedicated solely to cryptocurrency betting – you can wager with Bitcoin, Litecoin, Ethereum and other currencies for all deposits, bets, and withdrawals.
The platform offers a 100% welcome bonus for new users and the potential rewards can reach of up to 5 BTC, ETH, or BCH, and up to 1,000 USDT. Though released in increments – 0.01 BTC for every 800 loyalty points earned – the bonuses extend your play and enjoyment. Zero Margin promotions for select leagues also offer sharp value for quick-drawing bettors, limited to the first 1,000 customers
Cloudbet covers over 20 sports globally. The most popular events are covered with many betting markets: under/overs, correct scores, moneylines, and many, many others. Fun fact – the most popular ones are player props right now. While its odds may not always be the sharpest, they are competitive, especially with the Zero Margin offers. Customers enjoy complete anonymity with their transactions, a major draw of the crypto betting world.
Payments flow exclusively through cryptocurrencies, which ensures privacy and swift transactions. On the downside, if you’re accustomed to e-wallets or card payments, Cloudbet won’t cater to those preferences.
The sportsbook holds a Curacao license, which means that you’ll enjoy regulated and fair betting practices. Customer support is accessible via 24/7 live chat service for any assistance needed. While Cloudbet doesn’t have a mobile app, its mobile-optimized site will be just as good as any top sports betting app, and we’re sure about it!
- The highest welcome offers for sports betting fans
- Some of the highest moneyline odds
- Suuports all major leagues
- A lot of live data
- No mobile app available
- Doesn’t support fiat currencies
#3 BC.Game – The best crypto betting site for eSports
BC.Game Sportsbook is often underestimated, because we all know how well BC Game casino operates. However, we are pretty certain it’s amazing for crypto betting. You can bet on many (over 30 sports) which include fan-favorites like soccer, football, basketball, and the most popular thing here – eSports. BC.Game doesn’t just keep pace with industry giants – it sets the bar.
When you sign up, you can claim your bonus in no time. A few simple steps, and you can unlock a variety of promos tailored to enhance your betting journey. The sportsbook supports a very, very long list of over 100 cryptocurrencies, which makes both deposits and withdrawals a quick process for crypto enthusiasts. From Bitcoin to Tether, your options are vast, and BC.Game ensures that transitions from fiat to crypto are effortless with their fiat on-ramp service.
The interface? It’s a haven of user-friendliness, streamlined to deliver great experience regarldess if you’re on desktop or using their dedicated mobile app. The odds here are competitive, often soaring above the market average, especially for live bets where the real-time shift provides an adrenaline boost.
Despite the transaction fees and lack of traditional free bets, BC.Game stands tall with its gigantic selection of betting options and superb bonuses. Licensed by Gaming Curacao, it ensures a secure betting environment, keeping you at ease as you enjoy a top-tier sports betting experience.
- Pros:
- Up to $500 sports bonus
- Dedicated sports VIP program
- Mobile apps for iOS/Android
- You can stream live events
- Transaction fees
- Not the highest odds in the industry
How did we rank the best crypto betting sites?
We understand that the quality of a sportsbook can greatly influence your overall betting experience. That’s why we carefully ranked the best crypto betting sites based on some very, very crucial factors. First, we evaluated the variety of sports betting markets available – we want to make sure you can enjoy a wide range of options. Next, we compared the odds offered, as we looked for competitiveness and fairness.
The sports welcome bonuses for new players were also a priority consideration, as they provide great value and a strong start for newcomers. Next on the line, we assessed the betting features, which can affect the whole betting experience. Customer service quality was another important factor, as responsive support is essential.
Finally, we took into account the opinions of fellow bettors. Their experiences and feedback provided valuable insights into each site’s reliability and overall performance. And we hope, we have found the “right” formula for you to enjoy.
Conclusion
Crypto betting is a thing. You need to develop a good strategy to have a chance of big winnings. Tipsters often come up with new knowledge and “life-changing” strategies, and to be honest – they tend to work more often than not. But as with everything, betting comes with a risk.
You cannot predict outcomes, so you need to be balanced in your strategies. But even the best strategy can sustain a poor sportsbook. That’s why all the listed crypto betting sites on our list have a long-standing reputation in the industry. You get to bet on competitive odds, choose many betting markets, and have the ability to bet in real time.
You can also take advantage of great bonuses which can include boosted odds, bet builder pre-made combos, and various free bets, cashout offers that you simply cannot resist. But as with everything, we advise you to be moderate. There’s absolutely no need to go all-in. Crypto betting is anything but a source of income. If you feel like you find no fun it it, we advise you to seek professional help, and stop betting altogether.
