The quarter-finals of the FIFA 2022 World Cup in Qatar are almost upon us. We’re now reaching the business end of the tournament, where the biggest names in world soccer are fighting it out for the ultimate prize.
But did you know that you can now combine your passion for sports and crypto, especially Bitcoin, during this tournament? Crypto sportsbooks offer you some of the best odds and conditions for betting on the 2022 World Cup. We picked up a few advantages of bitcoin & crypto betting via Bitstacker.com and want to elaborate a bit!
Understandably, you might have some reservations about betting on the World Cup with your cryptocurrency. And while all forms of gambling don’t come without risks, crypto sports betting has some serious advantages. Moreover, the risks that are there can also be managed by taking just a few precautions.
If you are not yet 100% sold on the idea of betting on the World Cup with crypto, here are a few advantages of using a crypto sportsbook:
You do not need to provide any personal data or financial information in order to make a cryptocurrency payment. While a log of every transaction is kept, it cannot be traced back to you. When making a fiat currency deposit into a sportsbook account, you have to put your personal and financial information out there into the world.
Fiat currency deposits at most sportsbooks are now processed instantly, we can agree on that. However, withdrawals can still take up to five business days. When using a crypto sportsbook, your withdrawals will be processed instantly in most cases.
As well as being uber-private, crypto transactions are also extremely secure. The blockchain is decentralized and self-sufficient, with less human intervention. As a result, it is much less prone to hacking than bank and credit card transactions.
Did you know that crypto payment methods are much cheaper for sportsbooks to support? By not having to pay fees to likes of Visa and PayPal, crypto sportsbooks have less overheads Often, you will find that you will see the positive effects of this passed down to you in the form of more valuable odds and better bonuses.
The World Cup is far from over, in fact, we’re just getting to the most exciting part. On Friday, December 9, two quarter-finals will be contested, with the other two taking place the next day on December 10.
The semi-finals will then be held on Tuesday and Wednesday, December 13 and 14. Finally, Saturday, December 17 will see the third-place playoff match before the final itself is held the next day on Sunday, December 18.
Are you interested in betting on the World Cup with cryptocurrency, but are unsure where to get started? There’s no need to worry, as all that you have to do is follow the five easy steps below:
If you are not yet familiar with crypto, do some research to find out which coins are best overall. You also want to think about the gambling aspect, so research some sportsbooks and see what coins they accept.
You can use the crypto sportsbook reviews here at PlayersBest in order to find your ideal operator. We have actually provided you with our top recommendation further down in this article.
If you don’t already own crypto, you will need to buy some. First of all, you will need to get a crypto wallet and then create an account with a crypto exchange to buy the coins you want. Many crypto exchanges will also allow you to open a wallet with them so you can do this all in one place.
Now that you own crypto and have chosen a bookmaker, you can register your account and make a deposit. With most operators, this only takes minutes.
And that’s it, you can start betting on the FIFA 2022 World Cup with your cryptocurrency of choice. Easy.
If you are looking for a crypto sportsbook to get started with this World Cup, then there is no better operator than Stake.com. Here, you have instant deposits, fast withdrawals and an amazing range of betting markets. Also, you can find some great promotions and better odds than you will find almost anywhere else.
Before we go, here are the main reasons why we recommend Stake.com:
There is no sports event that unites fans across the globe quite as much as the soccer World Cup. It’s an amazing experience already, but with Stake.com, you can enhance that experience even more.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.