• Bitcoin and the Online Betting World

    Posted on June 29th, 2018 admin No comments

    Bitcoin is one of the newest and most revolutionary forms of payment to arise in recent years. Many people prefer to use it for a multitude of reasons such as anonymity, speed of transaction and security. Due to its rise in popularity, many online casinos are now offering it as a means of conducting financial transactions, and this number is set to increase as cryptocurrencies continue to grow in use.

    Bitcoin is a virtual currency that can be bought and sold using normal currency at Bitcoin exchanges, and stored in an e-wallet located on a user’s computer. As well as buying bitcoin it can also be mined to generate more coins, though this has become more expensive than it is worth for the average user. Bitcoins can be used all over the world and transaction fees are generally lower than when using credit cards or PayPal. Bitcoin software is open source and uses the latest in security measures to allow transactions via desktop, tablet or mobile phone. This all adds up to be a very attractive method for depositing and withdrawing money with online casinos and is easy to exchange winnings back into normal currencies.

    If you own bitcoins and would like to use them at an online casino there are few things to keep in mind when doing so. Check the security of the casino to make sure that your details are kept safe, and also check what technology and software they use. An online search will turn up trusted reviews that assess casinos and will be able to advise you which are the safest and most trusted to use. Check to see if there are any restrictions on using bitcoins and if there are any additional charges for doing so. Most reputable casinos will offer safe, secure and free transactions for making deposits and withdrawals with bitcoin.

  • Learning Odds in Sports Betting

    Posted on September 11th, 2017 admin No comments

    Sports betting is super fun, but only for those who understand how it works. There are subtle nuances of the sports betting world that have to be understood, otherwise, you will be left with hurtful losses. Betting on sports events is not only a way to make a quick buck but also an immersive experience for the fans. If you’re going to be supporting a certain team, you might as well put your money where your predictions are and make some profit while having fun. Talk about the best of both worlds. However, that is only sustainable if you understand what the odds are and how they affect your potential winnings.

    Odds are the numbers that the betting firm assigns to the outcome of a game. For a game of soccer, the team that is likely to win is typically assigned lower odds than the team that is likely to lose. If team A has a high likelihood of winning, it might get assigned odds of say 1.2, while the team that is likely to lose gets assigned odds of 4.1. That means if you place £1 on team A, and the team wins then you will have £1.2 in your account. If you placed your £1 on the other team then you would get £4. The riskier the bet, the better the payout; odds are the multiplier by which your money will increase if you get a prediction correct.

    There are different odds markets. The final outcome is one market. There are odds offered on scores at halftime, prediction of correct scores, and even double chance and arbitrage. You can find out more about arbitrage and more from the many online resources available to you.

    A favourite way for stacking odds up for those betting is placing multiple bets. The odds are multiplied with each other. If you place a bet on a game with odds of 2, and another with odds of 3 then your total odds are 6. That means you stand the chance of winning six times your wager.

    As always, only bet what you can afford to lose, and be restrained in your selection of odds.

  • A Guide to Sports betting

    Posted on August 22nd, 2017 admin No comments

    Sports betting is a common form of gambling that involves guessing the outcomes of live sports events. It covers almost any sport one can think of and contains a large number of different bet types. The most popular sports to bet on are team sports such as football, American football, baseball and basketball. Single player sports such as MMA and boxing also have a high turnout. There is also a wide turnout for animal based sports such as horse and greyhound racing both of which rank high in popularity.

    Bettors usually place any bets they wish to make through a legal bookmaker. It should be noted that there are illegal bookies that may payout at better odds than their legal counterparts, but the ramifications of an unpaid debt can be severe. It is safer to take the slightly lower bet but be in a safe environment. Legal bookmakers can be found both on and offline, and in recent years the former is becoming more popular. This type of bookie requires the bettor to pay their bets upfront.

    There are many types of bets that can be placed when betting on sports. These can be types such as a moneyline bet that is simply picking which team will win overall. The favourite team will have lower odds in order to try and entice people to bet on the likely loser in the hopes of a higher payout. Other bet types include spread betting, proposition bets and parlays all of which have different requirements and bet durations. There is also live betting which can have its own pros and cons, more of which can be read here.
    Sports betting is an excellent way to get more involved in the action of a sporting event. It can however have repercussions for those who continually lose.