How To Bet If You Don’t Want To Use Cash

Mar 12, 2023
A. J. Riot

There’s nothing quite like the rush you get when you place a bet and win big! Online betting has been around for ages, and today, it’s a well-oiled machine ready for anyone looking to try their luck. While anyone can try their hand at betting online, there are a few hurdles to get through. Often, people struggle to find betting sites that use their preferred currency or dislike betting with cash at all.

Betting with cash is often the worst thing you can do, and there are plenty of reasons to avoid using it. If you can, the better option is to go with crypto. Whether you’re looking to try your luck in crypto betting or you want to learn more about it, you’ve come to the right place! Here’s everything you need to know if you want to bet but you don’t want to use cash!

Create a crypto wallet

If you want to get into betting with crypto and not cash, start by setting up a crypto wallet. While this might be a no-brainier for some, it’s every beginner’s first step to start betting with crypto. You’ll first need to find a safe and reputable digital wallet to keep your coins in while you bet. If you’re not sure where to look, do some research to get an idea of all the available crypto wallet options. Once you’ve found the right one, simply sign up and register and you’ll get your very own digital address. This address will be linked to your account and then you’ll be ready to bet, just make sure you don’t lose this number!

Use a crypto-based site

Using cryptocurrencies is the best and easiest way to avoid getting your hands dirty with cash while playing online. The best way to do this is to find the best crypto bookmakers and do some research. Start by looking up sites and platforms online, and seeing which ones fit the best for you. Look for good reviews and plenty of options to pay and play. With a good crypto betting site, you can play as much as you like without worrying about getting any cash involved. Whether you prefer to bet on sports, stocks, or games of chance, there’s a great site out there for you that uses crypto!

Prioritize security

When it comes to betting, using crypto is generally the safer and easier option. Whether you’re playing to win cash or crypto, when betting online, you need to make sure everything is safe and secure. While there are many safe and reputable sites out there, you need to be on the lookout for the few that aren’t. When looking for crypto-based betting sites, always look into their security policies. Make sure everything is safe and secure from the sign-up to the cash-out. Always fact-check and research each site and platform you use and be on the lookout for scams and bogus practices.

Know your sport

It takes more than the right platform to win big when betting crypto on sports. If you want to win big, you’re going to need to know the ins and outs of your sport. You’ll need to know not just the previous wins and stats of your chosen game or player, but also all the other important details. Did the football team work well and keep the ball or were they lucky? Which tennis player is having a meltdown or a spat with their coach? How tired is your team, will they be experiencing fatigue? You have to take in every small detail of the game and player to win big.

Keep an eye on the value

Last but not least, when betting with crypto, you need to be mindful of the exchange rate to your local currency. If you’re a beginner, it might seem like you’re betting fractions of digital currencies when you might actually be playing at much higher values. Pay close attention to the exact amount being bet on, and make sure to calculate that in your own currency. Doing this will help you both place stronger bets and will keep you from getting in over your head. This step is crucial for players looking to still have fun while not biting off more than they can chew.

So there you have it! With this handy guide in mind, you’re ready to take on the world of cashless betting like a pro! If you want to use crypto to satisfy your betting needs, start by creating a digital wallet and finding the right site. When looking for the right crypto bookmaker, make security a priority. If you want to win big, know your sport well, and if you don’t want to lose big, be mindful of the exchange rate. Good luck and happy betting!