The best punters' guide to blockchain World Cup football betting
The 2022 FIFA World Cup in Qatar is coming up quickly, and the fans are ready for another blockbuster event. It's the world's biggest soccer event, and since it only happens every four years, this tournament gets the spotlight this year.
Betting with cryptocurrency on sports matches and online casino games has become mainstream. It led to blockchain networks becoming more well-known and regarded because people want to learn more about the tokens they can use for betting. Look at how the blockchain works and how it can be used in sports betting—specifically, the 2022 FIFA World Cup.
Blockchain for FIFA World Cup Sports Betting
Across the entire sports betting industry, blockchain technology has become a massive part of the experience. Every time people wager on platforms like Sportsbet.io, they can use different payment options and deposit digital assets from any top crypto exchange service.
A crypto sportsbook like Sportsbet.io has emerged as one of the top platforms that use digital currencies as a focal point for the bets being made. Since there are various options available, there are multiple factors, like smart contracts and protocols, that help with the process of making the bets viable.
With the Bitcoin blockchain, you can expect specific characteristics to stand out. This includes security, transparency, and how data can be traced across a network. Bitcoin's blockchain functions as a distributed ledger of transactions. It's the most standard blockchain version since BTC was the first-ever crypto.
No one owns the Bitcoin blockchain, which allows users to have an easy way to oversee their assets without any security issues. The blockchain is a network of computers scattered all over the world that runs specific software that needs to abide by the same rules or a consensus. Bitcoin mining is vital to the blockchain because it involves computers validating Bitcoin wallet transactions which streamlines the process better.
While Bitcoin is the most popular crypto market, Ethereum might be the highest-quality system in the industry. If you have ETH in your wallet, you should maximise its use. The ETH blockchain relies on having a smart contract option for people because that is a self-executing contract that will automatically help two parties reach an agreement based on Ethereum.
This blockchain is one of the most useful in the entire industry because you can access many features. You can even check out the decentralised apps or dApps that have revolutionised the crypto market with useful apps in the ETH chain alongside the ERC-20 token. All of these are open-source, making for a fun experience for those who are big fans of the blockchain.
Tether, or USDT, is one of the most promising cryptocurrencies in the market. It is a unique take on the crypto industry because this is a stablecoin. It is available on crypto exchanges like Bitfinex, where it can be identified as one of the top assets. Tether is pegged to the United States dollar, making its value more prominent because of the connection.
This has made it popular worldwide because it's easy to use a similar value compared to other cryptocurrencies, which have differing values. Aside from that, platforms like Sportsbet.io have proven it a viable option in crypto sports betting.
How does World Cup Betting Online with Blockchain work?
Punters can already place bets on any of their favourite sports using different types of crypto, including Bitcoin and USDT. Crypto sports betting is already an existing market in the online gambling industry, so using blockchain-based assets for your wagers would not be an issue.
The process is quite similar to what you have seen with any crypto-betting platform because the only difference is the payment method that you will be using.
In traditional online sports betting, the payment methods that are primarily used are credit cards and e-wallets. Those are still available for the most part, but it is hard to deny that blockchain-based assets and decentralised sports betting are just as helpful and more convenient. Every time you use a crypto sports bookie, you will see that the rewards are supremely better than you expected.
Using the blockchain for your wagers is the best-case scenario if you want to make the best bet on a big international tournament like the FIFA World Cup 2022.
Where to bet on FIFA World Cup Online with Blockchain?
In your search for the best sportsbook for your crypto bets, Sportsbet.io is the best platform for you. This website has proven to be one of the best crypto betting platforms if you want to bet on events like the FIFA World Cup. All of the betting markets are also available on Sportsbet.io's mobile app.
Here are three main types of betting you can explore on the site for the 2022 FIFA World Cup:
In-play betting - With this type of bet, you can make wagers while the matches are ongoing
Future betting - Most people are familiar with the standard betting type. If you want to make your bet on the scheduled games, this will be a good choice for you since this is easy to do as you can prepare before finalising your wager
Outrights betting - For the World Cup, this is a valuable betting type for punters who want to place bets on the outcomes of the whole tournament, not just the head-to-head matches between teams.
Clubhouse and how it can assist bets
Sportsbet.io has some fantastic promotions and offerings. The biggest has to be the Clubhouse, a community that will talk about the sports betting opportunities provided by Sportsbet.io. Since soccer is such a big sport, people would love to join in a discussion about it.
With Clubhouse talk, legitimate analysts on Sportsbet.io will be talking about soccer events like the World Cup. That kind of valuable insight will matter, especially if you want to make some winning bets.
As you advance with your blockchain betting, ensure that you are looking into some FIFA World Cup match previews so you won't have any worries ahead of you making your bets. It will involve you looking at every team possible and seeing what they are capable of doing for the event.
If a team like England has a match against a team like France, it will be fun to bet on but based on the preview and the odds, it might be skewed for France, but England can make it work.
Partnerships legitimise the platform
With all of the partnerships/sponsorships that Sportsbet.io has accrued through the years, it has proven to be the trusted sportsbook for football clubs and other sports organisations, which makes for an overall experience for everyone involved. On Sportsbet.io, you can see that clubs like Southampton and Arsenal have become official partners.
This should be why you should keep using Sportsbet.io as your favoured platform because it has proven to be the optimal sportsbook for you to use in the long-term future, especially with some sports betting promotional offers in tow.
Blockchain betting is at its best on Sportsbet.io
With the use of the blockchain with your betting here on Sportsbet.io, you can have the most fun time possible because you are using a solid payment method. The blockchain will streamline everything with your moves because they are faster than the usual transactions you're used to and their disadvantages.
With advantages like the convenience that blockchain betting has brought to the sports betting industry, events like the FIFA World Cup will be worth betting on since the blockchain has made sure to make it easy with all of the assets you can use, including USDT. Sportsbet.io is the best platform to use when doing this because cryptocurrencies are available here, and you can also use the mobile app for your wagers.
You might have questions about blockchain betting or the 2022 World Cup event. Here are some of the most commonly asked questions and the answers to what you might still need to look at.
How to bet on FIFA World Cup online with blockchain?
First, you need a crypto wallet and the coins you want to use for your bets. All the transactions you make will translate into the blockchain's digital ledger. Make sure you are locked in with your bets because there's no taking them back.
When you have the wallet and the funds, transfer them to your Sportsbet.io account, and you can start betting on the World Cup.
What are the betting odds for the FIFA World Cup online?
In the current state of the FIFA World Cup, some favourites have stood out. Among those are the top two: Brazil and defending champs, France.
It will be interesting to look forward to because the odds are reasonably accurate for the most part, but there might be some surprise dark horses like Denmark who can pull off some fantastic results from out of nowhere.
What other sports can I bet on using blockchain?
Every sport you see at Sportsbet.io can be wagered on using the blockchain. Make sure that you choose the crypto options because that will be the key that you need to have all of these wagers to make. Some of the most prominent sports you can watch are available for blockchain betting. Here are some of them:
I don't have blockchain, can I still bet on FIFA World Cup online?
Here at Sportsbet.io, there are various payment options that you can use that will not be reliant on the crypto market. There are cards like Mastercard and Visa. At the same time, many online options, like Neteller and Skrill, are available at Sportsbet.io.
Words: Cholo Martin