Cricket is all about the thrill of the game. The fans love it. The same is expected of the sport when betting is involved too. The betting systems we have today are getting a bit slower for true fans of cricket and sports betting. Cricket betting needs to be fast, direct, and uninterrupted. Luckily for cricket fans and sports bettors we live in an era where Bitcoin gambling is on the rise.
In essence this way of gambling is similar to regular sports betting, with the main difference being the use of a cryptocurrency instead of fiat ones. Also, because BTC is independent from regular banking systems, betting comes in a more private suit and much quicker. Let’s take a look at how it works, and what made it so appealing for fans of cricket.
Why BTC Gambling Appeals to Cricket Fans
Traditional sports betting and websites not running on blockchain technology tend to be slow for modern bettors. The process of depositing money, waiting for clearance, and withdrawal all take too much time. Many websites also impose limits on how much you can deposit and withdraw. With BTC gambling there’s no middleman. You do not require banks, or money transfer. You just send the BTC from your wallet to your bookie, and quickly back when it’s time to withdraw your winnings.
For folks who enjoy betting on cricket, the speed of the entire process is paramount. If you love to bet on cricket you know that the fun lies in numerous in-play betting options. It’s possible to wager on the next ball, next wicket, or on the next over. With a slow system in place you might miss on any of these bets if it doesn’t respond fast enough. For cricket, quick wagering is essential, and BTC offers transactions occurring in a matter of seconds.
The best part is that BTC is a global currency. It works all the same whether you’re in India, Australia, UK, or USA. International bettors and fans of cricket love this simpler and more straightforward way of wagering.
Privacy and Control
Another aspect of BTC betting that appeals to cricket fans is that it comes with a high level of privacy. At regular betting websites leaving data on your name, address, and payment info are a must. With Bitcoin, things are a little bit different. It all runs through your BTC wallet. This way, your identity remains protected.
For fans of cricket and sports betting who do not want their data shared on the web this is a game changer. Furthermore, they have more control over their digital funds because BTC does not come with various limitations of fiat currencies and traditional banking systems.
Faster Payouts
Here’s where the kid in us comes out to play – we want our money, and we want it now. Winning money when betting and not having immediate access to it can be frustrating. It is one of the biggest downsides of the traditional banking system and sports betting working together. Some outlets take days to process payouts, especially when it is during a rush hour and when major sums are in question.
When BTC is at the centre of financial transactions there are no delays. We’re talking about instant deposits and withdrawals. The transfer of funds happens directly from the betting outlet to your e-wallet and vice versa. As we already said, there’s no need for a middleman, and delays almost never happen. Fans of cricket who want to maximize their in-game betting rejoiced upon learning about BTC gambling.
How does it Works?
Even if you’re not into digital currencies, the process of attaining BTC and using it to lay down wagers is rather easy. It comes in the following steps:
- Buy BTC-You need to go to an exchange, and buy some crypto, and transfer it to your wallet. You can get it at every crypto exchange, and these days at your betting provider too.
- Choose a betting partner-This is an important step. You need a trustworthy online crypto casino where you can feel safe & secure when wagering your digital currency. Always pick the most legit options.
- Deposit the digital currency-When you’re prepared to wager, move your BTC from your wallet to the betting site. As we said, this process is quick and easy, making the BTC gambling so appealing.
- Place bets-Choose your markets, select the odds and start betting. You can do this before the matches start but also during them in the form of live betting.
- Win & Withdraw-The last step is to hit on your wagers, and when winnings pile up to withdraw the BTC back to your wallet.
This is the entire process. There are no banks involved, and bets of all no payment delays.
Why Cricket Fans Like the Decentralized Side of BTC
Cricket has a massive following from both fans of the sport and from the fans of sports betting. It is an international sport, and limitations imposed by centralized payment systems take plenty of fun from wagering on this sport. The best example of this is India. The biggest cricket nation has plenty of bank transfer limits, and is marred by a slow banking system. Also, there’s a lot of shady betting websites out there and fans find it hard to trust them.
This is where BTC comes in handy. It doesn’t rely on any centralized banking system. In fact, it is both global and decentralized. For sports bettors this means that there are no international exchange rates, payment blocks, or payment delays caused by local banks. For fans of international cricket and the biggest tournaments and leagues this is a major advantage. It allows them to wager on all matches, regardless of their location, without a worry in mind about payment methods, currency exchange, or anything in between.
Should You Try BTC Gambling for Cricket?
Yes! This is our undisputed opinion. At the end of the day, it depends whether BTC and Bitcoin gambling is your cup of tea. For people desiring fast & private betting, and no bank involvement, BTC wagering is an ideal choice. When it comes to speed of transactions necessary for in-game and live betting BTC takes the cake. The only thing we advise is to have caution. BTC is a volatile currency which often has price spikes and drops, and many people out there dealing in BTC are scammers. If you want the best experience you need to cooperate with legitimate exchanges and even more legitimate sports betting outlets.
First, you need to be aware if there are any laws regarding crypto in your country, or if there are any legal limitations to crypto wagering in your country. Secondly, if you opt to crypto betting, you need to start small before you get a feeling for it. Small bets are an ideal way for you to test the newly discovered speed of the game. Keep your wallet and your BTC safe, and have a rich gambling session when you decide this is the way of going forward.