How to Make Bitcoin Sports Betting Bets in Australia
Bitcoin has recently emerged as a global player in terms of the online gambling markets available for Australians and the rest of the world, but it’s not just limited to poker or casino games. Bitcoin sports betting is now a reality, and we are here to show you where, how, when, why, and what to get involved with!
While the bitcoin betting Australia makes available is by no means paltry, you must bear in mind that this cryptocurrency was only released in 2008/2009, and so it is still not as accepted as more traditional currencies are. While there are not quite as many bitcoin online options for Caulfield Cup betting as there are for punters who are using their Australian dollars, we have found the best of what is on available right now, and as more pop up, as we know they will, we will ensure that you are kept in the loop.
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Although the bitcoin betting Australia has to offer does not provide for quite as many markets as traditional sportsbooks do, when you remember that this cryptocurrency has only seen more widespread acceptance very recently, you will be amazed by what is on offer. The gap is closing on an almost daily basis, too, and there are multiple advantages to enjoying bitcoin online betting rather than that available by means of the other payment methods on hand.
The Advantages of Bitcoin Sports Betting
In fact, the main reason for the surge in popularity of this cryptocurrency is also the one which particularly suits it to sports bettors. The bitcoin betting Australia provides will allow you near total anonymity.
Not only is the cryptocurrency not regulated by an external authority like a bank or government, which means it can never be seized, the very nature of it, in terms of the peer-to-peer exchange it works off of, means that it would be very difficult for anyone to even trace the source.
You need provide no identifying information to the bitcoin online betting site you are spending time at, and this increases the safety and security you enjoy in terms of your identity being compromised in any way, shape, or form.
Bitcoin sports betting also provides near instant transactions, and your payout time will be speeded up considerably, which is a huge advantage for those who frequently find themselves drumming their fingers waiting for their Melbourne Cup betting wins to clear.
There are no transaction fees for the bitcoin betting Australia provides either, which means that the saving the sportsbook is making by not having to absorb additional costs is passed on to the punter in the form of bigger and better payouts.
Not only that, you can easily convert your winnings to cold, hard cash if you wish to, and do not need to stick to bitcoin online betting in the form of cryptocurrency if you don’t want to. The possibilities are endless -what are you waiting for? Check out the bookmakers we have selected for your convenience, and get started now!