The popularity of crypto betting is just beginning to come to the attention of a wider audience, but for those who have been doing it for a while, the advantages are clear.
It is a freer market than betting with fiat currencies, the bonuses are invariably superior, and you’re not bound over to bet in just one country.
All in all, there is a lot to like about betting with a crypto casino along the lines of the longest-running one in the world, Cloudbet. After all, it doesn’t mean you need to give up betting with fiat currencies; it merely adds more options.
Of course, if you’ve never bet with crypto before, there is the possibility of a learning curve to deal with. When it comes to betting, you don’t want to be going in with a hand tied behind your back.
You want to be in control of the situation from the beginning. And so it is important, if you are a beginner, to know what you are doing before you begin to do it.
This is not an atmosphere in which you want to be learning from your mistakes, let’s be quite clear about that. When it comes to betting, mistakes can cost money, and nobody wants that.
How to begin
You start, of course, by signing up with a crypto casino. There will be a short process to go through, which does not involve taking many personal details – an immediate boost up on fiat betting.
In the casino, you will be known purely by a casino ID of your choice. You’ll also, naturally, need some crypto to bet with. You can buy this from an exchange or at the casino. Make this decision based on whatever the best price is.
Additionally, you should download a crypto wallet or even buy a hardware device for storing your crypto. While some people hold their crypto online, this makes it easier for hackers to access it, so don’t give them a chance.
You’ll have to choose an amount to deposit – and when doing this, it is worth bearing in mind the question of deposit bonuses. Every crypto casino offers these, and how much of a bonus you get will depend on how much you deposit.
This means it is better to make larger deposits if you can, but don’t deposit an amount you can’t easily spare. When you choose your amount, you’ll simply need to go to the banking page of the casino and enter the amount of deposit as well as the requested details for your crypto wallet. Wait to see that the deposit has been recognized and that your bonus has been credited, and then away you go!
Once you have your account credited, the next step is betting. You can choose to bet at the sportsbook, placing your crypto on the outcome of an upcoming event, or you can bet in the casino section.
The one piece of advice here is that you should only ever pick a game you know – and if you’re totally unfamiliar with casino games then you should start by learning all you can about one game. Blackjack is a good choice in this regard – it’s simple enough to follow and you have a better chance of winning at it than at any other game.
And then, hopefully, you win. When you do, you’ll have the chance to withdraw your winnings almost immediately thanks to speedy crypto transactions. Just link up your wallet and follow the steps for withdrawal, and enjoy your win.