Trusted UK Betting Sites Accepting Bitcoin
If you have your hands on some bitcoin but are unsure as to what you should be doing with it, you will be pleased to know that there are countless bitcoin betting sites out there that you can use. On this page, we are going to run you through how you can choose from the best of them.
Licensed in the United Kingdom?
Since you are browsing this website, I am going to assume that you are a gambler located in the United Kingdom. This means that any site that you are gambling at will need to be licensed by the UK Gambling Commission. If it isn’t, then you are going to need to give it a huge skip. There will be no protection if something does end up going wrong. Sure, there are a lot of people out there who seem to think that the UK Gambling Commission is not good, and to be honest they do try to stick their nose in too many places, but they are useful if you run into an issue.
What currencies does it accept?
We are going to take the acceptance of bitcoin as very much a given here. However, you do want to know that the online betting site is able to accept more currencies than just bitcoin. Now, we know that there are a few people out there who are going to be happy with just gambling with bitcoin, and if you want a site which only accepts that currency then this is fine with us, however, here we are huge fans of gambling on sites which accept a lot more currencies than just this. It means that when we do run out of bitcoin, or we find that the value of it is not good enough, we do not need to head to a new betting site, we just need to load up our account with other currencies.
It is important to note that due to the way in which betting works in the United Kingdom, you will not have the usual benefits that bitcoin brings to the table e.g. anonymity, so if this is the main reason why you are gambling with bitcoin, then this is probably not going to be the right option for you.
How many events can you bet on?
Once you have thought about this, you can think about the events that you can bet on. Even if you are only planning to bet on, say, the football right now, it is always nice to have more of a selection so if you do want to end up betting on something like the rugby, handball, or a bit of tennis, then you do not need to track down a new site.
It is going to be even better if you have a wealth of different markets that are open for you to bet on for each of the major events e.g. if you were betting on football, then the ability to bet on the number of cards, corners, free kicks, or whatever is going to be enough to sweeten that bet.
What are the odds like?
Due to the way in which betting works, it is impossible to get the odds to be the best each and every single time. There is no one site which always has the best odds, which means that you are likely going to need to be a member of several different betting sites and shop around for the best odds at the time. Yeah, this is going to be a little bit inconvenient, but it is going to be 100% worth your time doing if you can.
If you only one want to be a member of one bitcoin betting site, then just look through the odds and make sure that they are not too crazy in terms of the odds that they have. As long as they are roughly on par with most other sites out there, then you should be pretty ‘good to go’ and you will find that most new betting sites are usually the ones offering pretty competitive odds.
Looking for the best bitcoin betting sites? If you are looking for the best bitcoin betting sites, you will be pleased to know that we have put in the hard work for you. Below, you will find a list of our favourite sites. We will make sure that we keep this up to date with any new and amazing sites that we have managed to track down.
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