Cryptocurrencies and esports can be considered a perfect combination. Using Bitcoin (BTC) to bet on your favourite esports teams is a fun thing to do. Both virtual currencies and esports attract young and active people that are searching for new adventures, challenges and ways to use their digital currencies.
Now that these two industries are joining forces, it is possible to think about using Bitcoin to bet on esports. In the next sections, we tell you everything about esports betting with BTC and other cryptocurrencies. If you want to know more about esports and cryptocurrencies, keep reading this guide.
👌 Why is Bitcoin perfect for esports betting?
There are many reasons why people are starting to use Bitcoin and other virtual currencies for esports betting. Esports require people to be agile and also ready to pay attention to developments in the industry, this is why they need a fast and reliable currency to bet on these sports.
Bitcoin offers a reliable, fast and cheap solution that bypasses traditional financial institutions and makes the relationship between esports and users stronger and more accessible. Bitcoin transactions can cost below $0.20 and they are processed (without the approval of a centralized authority) in usually ten minutes.
Another reason why you want to use Bitcoin for esports betting is that it makes it easy for people all around the world to get access to this possibility. That’s right, Bitcoin transcends borders. That means that you would not have to be worried about currency exchange rates, possible delays in payments or even country blocks to some payments.
Esports betting sites are also focusing on anonymity. There are several options for gamblers to use Bitcoin without having to share their identity. Therefore, Bitcoin enables a KYC-free experience when getting access to esports betting.
Bitcoin fits very well into the new esports betting world and it can be used by anyone anywhere around the world without problems. That makes this dynamic industry available and open to everyone in the world that would like to participate and engage in different betting activities in the esports sector.
It is also worth pointing out that there are also many other cryptocurrencies supported by esports sites besides Bitcoin. Depending on your exigencies, you can decide whether to use Bitcoin or other crypto.
🤷 How to bet on esports with Bitcoin?
But the question that we want to focus on now is how to bet on esports using Bitcoin? As you might already suppose, it is not difficult to bet on esports using crypto due to how easy it is to use cryptocurrency. Besides the benefits of using Bitcoin that we shared with you before, each esports platform would make it very straightforward to create an account and start betting on your favourite esports teams.
As soon as you find an esports betting website, you will have to create an account. This is a standard thing that we can see not only for esports but also for other types of betting sites. After creating an account (which can take just a few seconds), you can deposit your Bitcoin. Pay attention here. You can only deposit BTC to a Bitcoin address, no other virtual currency.
In the deposit section, you should select BTC and the platform will share with you a Bitcoin address. You can use it to send Bitcoin to it and start playing with them. The transaction process will take just a few minutes. In some cases, the esports betting platform will let you know that your funds are on their way.
As soon as they get deposited, you can start betting. You can select the esports event that you want to participate in and select the team that you want to bet on. That’s how easy it is to bet using Bitcoin on esports. If you have already had a nice time, then you can withdraw your funds.
You will have to go to the withdrawals section and paste the wallet address to which you want your funds to be sent. Make sure that you double check the wallet address as a small mistake could cause your funds to end up in another wallet (and you might never recover them).
🎮 What esports can you place bets with crypto on?
There is a large list of esports on which you can already start betting on. These games include CS:GO, Dota 2, League of Legends, Valorant, Starcraft 2, Fortnite and Overwatch, among others. Let’s get into the details of each of these titles to place bets on.
CS:GO
Counter-Strike: Global Offensive – also known as CS:GO – is the evolution of the popular Counter-Strike game that many of us played when we were younger. Nowadays, it is possible to find this new release by Valve and enjoy enhanced graphics, new maps and better game action.
Due to the large community that CS:GO was able to attract, it is possible to enjoy professional esports players that play in different leagues. Betting on CS:GO will be very fun as there are different tournaments and leagues with players from all over the world.
Using cryptocurrencies to start betting on CS:GO esports would be one of the funniest things if you enjoy virtual games and competitions. It is time for you to find a team and decide who to vote for in the next competition of CS:GO.
Dota 2
Dota 2 is a tactical game that continues to attract a large number of players due to its unique multiplayer model that brings unexpected and unpredictable results each and every match. If you want to bet using cryptocurrencies, you should consider checking the different teams that are currently playing Dota 2.
This would be an opportunity for you to get engaged in one of the most intense and also rewarding games available right now. Thanks to its improvements and reliability, Dota 2 would definitely give you the chance to bet on teams that must understand the game they are playing is not a joke.
After being released in 2013, almost ten years later, this game shows that it has the potential to compete with other modern and popular titles. This is already one of the aspects that show you Dota 2 is an incredible game.
League of Legends
Another popular game that has professional esports teams from different regions is League of Legends (LOL). This captivating game has perhaps some of the most professional esports players around the world. And what’s better than using Bitcoin to bet on these teams?
LOL works as a multiplayer game where different teams have to show their abilities and capabilities to win against each other. With its vivid animations and attractive soundtracks and graphics, League of Legends is one of the favourite esports that gamblers love to follow.
Thanks to the challenges that the game offers, battles tend to offer a wide range of possibilities to teams, making it unpredictable and with unexpected results. If you like that and you want to see professional esports teams facing each other, League of Legends would be the right game to follow.
Valorant
Valorant has also brought to the gaming industry a unique FPS experience for players that love shooting and action. This gunplay game has also gathered a large number of players thanks to its flexibility and the functionalities that it offers to players.
If you like to bet on esports games using cryptocurrencies you should know that this is a very demanding game for players. You want to make sure to follow the teams that are involved in this game and pay attention to their strategies. Ability is also going to play a key role for Valorant players.
Valorant is among the best FPS games out there right now with some of the best conditions for players and esports teams.
Starcraft 2
This real-time strategy game has been designed in order to offer a complex, unexpected and an attractive gaming experience for players that love to feel in different distant worlds. This multiplayer game with a story that has attracted many players, became one of the favourite cryptocurrency betting esports on different platforms.
If you enjoy watching esports tournaments Starcraft would be one of the best choices for you. This fresh game brings players to discover new adventures in different scenarios and with a mix of characters that would keep teams focused on their missions.
Starcraft 2 could be the best option for those esports lovers that enjoy adventures, teamwork and strategy.
Fortnite
There are almost no words to describe this incredibly popular action game. Thanks to its game structure, Fortnite is among the best multiplayer games out there. Thanks to this, esports teams have already been offering unique competitions and tournaments.
Nowadays, you will find Fortnite available on most online gambling sites that offer esports betting. The playability and complexity of this game would offer a wide variety of outcomes during team encounters. Furthermore, with its attractive graphics and a large number of players, this became one of the most competitive esports leagues.
It would be possible for you to place your crypto bets on different esports teams that focus on Fortnite using some of the most popular esports betting platforms.
Overwatch
This team-based shooter game is now offering an enjoyable experience to gamers from all over the world. Thanks to its multiplayer integration, Overwatch became one of the best hero shooter games in the esports industry.
The Overwatch esports league has attracted city-based teams that have mastered their abilities in this multiplayer game. Produced by Blizzard Entertainment, esports betting experts will find that there are professional teams behind each of the tournaments, making the whole betting experience even better.
You can use cryptocurrencies, including Bitcoin, to bet on your favourite teams if you consider that they are ready to beat their opponents. You should just take into consideration that the league is very competitive and it is currently hosting some of the most professional city-based teams in any esports competitions.
✔️ How to choose the best crypto esports betting site?
It is now time to understand how to choose the best cryptocurrency esports betting site online. There are many things to take into consideration when it comes to selecting a site to bet at esports using Bitcoin.
One of the first things that you should check is whether they support the cryptocurrencies that you want to use. The fact that they support Bitcoin does not mean that they are also offering support to other digital currencies such as Ethereum (ETH), Litecoin (LTC) or stablecoins, among others. Hence, you should go to the payments section and see which payment options are available.
The second thing that you have to do is to check the odds on different websites. You might be surprised to know that platforms try to offer better payouts and odds to attract a larger number of players. Therefore, checking two or three websites and comparing the odds could be a good thing to do. You want to make sure that you use the esports betting platform that offers you the best odds and payouts.
The betting limits should also be controlled when you decide to start betting on a specific esports site. There are some limits that could apply to your bets. To have the best gambling experience, you should make sure to check whether there are some limits that could be applied to your bets.
Finally, you have to check the withdrawal fees. You don’t want to overpay in fees when you withdraw your funds. The gambling site is already making money on the bets that people and players place. This is why you should avoid esports betting sites that apply withdrawal fees to your funds.
There are many other things that you should pay close attention to when choosing the best crypto esports betting site. The better you select the platform, the better it will be for you and for your whole gambling experience.