When Indian players think about betting on their favorite sports, they usually think about traditional payment options. When making deposits and withdrawals at Indian-facing sportsbooks, they tend to rely primarily on their bank cards or e-wallets. We’re here to tell you that there’s a more innovative and better way to pay, and it’s through Bitcoin betting sites that cater to Indians.
Bitcoin is the most widely used cryptocurrency globally, allowing bettors to wager on their favorite sports with perfect convenience, security, and anonymity. The payment mechanism is gaining traction among Indian players and operators, resulting in the launch of several Bitcoin betting sites in recent years.
This article focuses on Bitcoin sports betting sites and provides thorough information regarding Bitcoin gambling in India.
Websites that Accept Bitcoin for Sports Betting
Check out our highlighted list of Bitcoin sports betting sites if you’re looking for the top Bitcoin gambling sites. For our Indian audience, the team spends a lot of effort checking and shortlisting the best Bitcoin sports betting sites. We utilize a set of strict criteria to ensure that only the top Bitcoin sports betting sites make it onto our list of recommended locations.
Top gaming authorities such as the UK Gambling Commission (UKGC) and the Malta Gaming Authority license regulate the Bitcoin betting sites you’ll find (MGA). Our selected Bitcoin sportsbooks offer enticing bonuses, ongoing promotions and cashback offers, a wide choice of sports betting coverage, domestic and international cricket betting action, good VIP programs for loyal users, are Bitcoin-friendly, and have live chat service.
If you prefer to conduct your research and seek a suitable Bitcoin betting site, keep the above criteria in mind, as they will assist you in having a safe and secure Bitcoin betting experience. If you don’t want to spend a lot of time and effort shortlisting a betting site, choose one from the recommended list, and you will not be disappointed.
What is Bitcoin Betting, and How Does It Work?
Cryptography is used to produce and safeguard a cryptocurrency, a virtual or digital currency (thus the name crypto-currency). It means you can’t use the money more than once or use modern technologies to counterfeit it. Bitcoin was the original cryptocurrency to be created in this manner. It’s been through its fair share of tribulations and remains the best digital currency accessible today.
Blockchain is the foundation of Bitcoin and all other cryptocurrencies (a network not run by any single country or organization). It means that it’s entirely decentralized and does not fall under the control of any government. Furthermore, because the currency does not belong to any jurisdiction, it cannot be manipulated or taxed.
It is why a growing number of betting sites now include a Bitcoin sports betting option. Indian players who have always desired to experience Bitcoin gambling may now gamble on athletic events worldwide using BTC deposits and withdrawals. Many India-friendly crypto betting companies allow you to place sports betting wagers using cryptocurrencies such as Bitcoin, Dogecoin, Ethereum, Litecoin, and Bitcoin Cash.