Not only has the value of various cryptocurrencies skyrocketed over the past few years, but it’s also become incredibly popular. Mainstream media has had a major role to play in this, and as we see the Bitcoin ‘boom’ last year, households across the world were told of the crypto’s benefits – and disadvantages.
Bitcoin-focused sportsbooks have existed for a number of years, but it’s only within the last two or three years that we’ve seen these sites really take off. Many experts are now saying cryptocurrencies like Bitcoin will change the future of sports betting – and in this post, we’re going to take a look at what some of these changes may include.
One of the main disadvantages of placing bets online (as opposed to finding land-based bookmakers, for example), is that making payments into and out of online betting accounts can be tricky. For players in Europe – using debit and credit cards and E-Wallets generally isn’t a problem. However, in countries where online gambling laws are more…