Bitcoin is a digital and largely anonymous cryptocurrency payment method. The system is extremely secure due to the decentralized data storage. There are more and more betting providers that focus on Bitcoins as a means of payment, for example, Betwinner. Transactions are quick and easy and do not involve any fees. Bitcoin and cryptocurrency make the world of sports betting easier, faster and correspondingly more lucrative.
How to Open an Account at Betwinner?
If you are now wondering how you can easily get started, we have a little guide for you below. Follow these steps to get to your account and make your first deposit with Bitcoin:
- Step 1: On the Betwinner, click “Open an account”. You will now see a screen with the relevant details.
- Step 2: Provide your personal information. This includes your full name, date of birth, your address, nationality and also your desired username and password. Confirm this step.
- Step 3: To prove your identity, you must upload an ID document, which the system will then verify for you. Then confirm your account with the email you receive in your inbox.
- Step 4: Your account is now active. Go to the payments section and select “Deposit”. You can then determine the payment method and select Bitcoin here. Now confirm the transfer. Then enter the bookmaker’s public key and the corresponding amount in your wallet. After you submit the order, the tokens will land in your account within 10 minutes. Now you can place your first sports bets with Bitcoin.
How to Use Bitcoin at Betwinner? – 5 Tips for Users
It is worth taking a closer look at the topic of Bitcoins and cryptocurrencies before betting on sports at Betwinner. If you know what you’re doing and know what you’re doing, you can gain some advantages and have a lot of fun betting. Below we have summarized a few important tips for you.
Tip 1: Don’t Deposit Large Amount of Money Money
Anonymity is a valuable asset in Bitcoin sports betting. You usually only need to provide an email address if you want to place bets with Bitcoins at Betwinner. Remember that anonymous betting also lacks regulation. Therefore, always only deposit as much as you really need to bet on each bet. No money should be parked at Bitcoin betting providers. After all, this is what you have your e-wallet for.
Tip 2: Check Your Bet Several Times
It’s tempting to bet quickly with Bitcoins. Anyone who is particularly fast will also quickly make mistakes. If an entry is made incorrectly, it can no longer be stopped or undone. Therefore, always check the correct address of the Bitcoin wallet and the amount of your bet or deposits to avoid any unpleasant surprises.
Tip 3: Take Advantage of the Attractive Bonus Offers
Bitcoins give you access to highly lucrative bonus offers. While problems can arise if you deposit with a credit card as the bookmaker debits the money immediately and the card may not have sufficient funds, with a BTC transaction the amount goes to the provider immediately. This makes it easier to unlock the bonus, which can sometimes be extremely high (e.g. at Betwinner).
Tip 4: Consider Access Data
The credit is stored online in a cloud or directly on the computer or on a memory card or USB stick. You have individual access data for your e-wallet. It is extremely important that you do not forget or pass on this information. You should also take extremely good care of the storage medium when you use it and always know where it is.
Tip 5: Make the Best Possible Use of Price Fluctuations
The Bitcoin price can always fluctuate significantly. Always check the current status before trading the cryptocurrency. It’s best to buy Bitcoins when prices are at a low point. The Bitcoins can then be purchased particularly cheaply. You can expect the price to rise again soon. Price increases of 50% are not uncommon, so it is quite possible that you can double your betting winnings in Betwinner accordingly.
Types of Bonuses for Players Betting With Cryptocurrency
Sportsbook bonuses are unique rewards for bettors who choose to use a specific online sportsbook. Some of these bonuses can only be used by regular customers, while others are specifically designed for new players. Here is our pure Bitcoin bonuses at Betwinner overview:
Welcome Bonus
No betting provider offers a free 100 bonus, but almost every bookmaker site still has an attractive welcome bonus. A welcome bonus is an offer where new players from betting sites receive a first deposit bonus after registration and account verification. This is usually characterized by favorable conditions – all you have to do is register and top up your account. At some bookmakers, including Betwinner, the welcome bonus is also extremely generous. However, new customers should definitely familiarize themselves with the wagering conditions before accepting such a bonus. Sometimes these are not easy, for example when you have to bet several times on the increased bonus amount compared to the face value of the offer.
Free Bets
A free bet is one of the best bookmaker bonuses that allows you to place a free bet on a sporting event or game without having to deposit any of your own money. Free bets can be offered to new customers as a welcome bonus, as well as to existing users as part of various promotions and special offers. There is also sports betting free bet without deposit. In most cases, winnings generated from a free bet bonus are subject to certain wagering requirements before they can be withdrawn.
Players risk nothing when betting free with such bonuses and may eventually earn a net win which they can either continue playing with or cash out.
Special Offers
Special offers can mean a wide variety of bonuses, which can vary greatly across different bookmakers. These can be, for example, cashbacks, special bonuses for holidays or a bonus on a specific day of the week. There can also be personalized bonuses for customers, for example for birthdays.
Reload Bonuses
The reload bonus is a bonus that rewards deposits on certain days or in certain amounts. Most often, Betwinner gives a certain percentage of the deposit amount as a bonus, but limits its amount. You can also often get free bets as a reload bonus. To receive a Bitcoin sports betting bonus, you should carefully read the bonus terms and conditions. Be sure to pay attention to the minimum deposit amount and wagering requirements and find out if a bonus code is required to receive a bonus.
Conclusion
With Bitcoin, the future has already become the present. Thanks to sports betting providers like Betwinner, which rely entirely on Bitcoin as a payment method, the cryptocurrency is becoming more and more popular in the sports betting sector. The concerns that some users still had can now be dispelled. Payments with Bitcoins are considered extremely safe and trustworthy.
Since the transactions can take place anonymously, you are also protected as best as possible against potential hacker attacks. You do not have to go through lengthy verification and identity processes and it is also not necessary to provide countless personal details to the bookie. Anyone who trades Bitcoins cleverly can refine their betting winnings accordingly. Take advantage of the wave of Bitcoin success and be part of the future.
FAQ About Crypto Betting in Betwinner
Anyone who is new to Bitcoin betting in Betwinner must first familiarize themselves with the payment method and how transactions are processed. To help you find your way around more quickly, we have summarized the most frequently asked questions and answers.
Crypto stands for cryptographic and refers to the scientific generic term for encryption. The term cryptocurrency already includes anonymity. There are countries that generally prohibit foreign currencies – these include Argentina and Russia.
Experts agree: Bitcoin deposits in Betwinner are safe and even more trustworthy than many other payment methods offered by various bookmakers. You do not have to reveal any data and are optimally protected against hacker attacks. Bitcoins are considered very secure and cannot be counterfeited. They are not on your computer, but always remain in the blockchain so that the system can be maintained.
Small deposits with Bitcoin are instant – so you can start playing immediately after depositing. If you want to make large deposits – at least 1 BTC or more – it may take a little longer. Payouts depend on the bookmakers involved, but are generally made within 24 hours.
It is very likely that more and more bookmakers will use Bitcoin as a payment method in the future. This is just a matter of time. Pure Bitcoin sports betting providers are not yet particularly widespread. However, the best Bitcoin betting providers have a very exciting repertoire of sports bets and offer absolutely safe and convenient betting.
The great thing about Bitcoin bookmakers is that there are almost no limits – there is no minimum deposit, no maximum deposit or withdrawal. However, the Bitcoin you deposit will be converted into mBTC – so if you deposit 3 BTC, you will have 3000 mBTC to play with.