How to bet on EURO2016 with Bitcoins

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The EURO2016 has already begun and is an opportunity for all punters to place wagers and win some extra cash. Compared to previous European Championships this one will feature more teams and more games and hence, there will be more opportunities for Bitcoin betting.

Most people nowadays place bets online and there is a large number of online betting websites. Fortunately, it is also possible to bet on EURO2016 with Bitcoins and in this article we’re going to tell you exactly how it is done and where it can be done.

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How to bet – steps

Betting with Bitcoins on EURO2016 is pretty simple, all you need to do is follow 5 simple steps and you’ll be good to go.

  1. First you have to open a Bitcoin wallet.
  2. Buy Bitcoins
  3. Open a betting account at a betting site that accepts Bitcoins
  4. Make a Bitcoin deposit
  5. Start betting on EURO2016

If you already have a Bitcoin wallet and are already in possession of Bitcoins, you can just skip steps 1 and 2 and go straight to step 3. Always check whether the bookie website where you’ve registered offers a bonus and if it does, see whether it is awarded automatically or you’d have to use a bonus code or send an email. If the second is the case, then you’d have an additional step between 4 and 5 if you want to use a bonus.

Betting offer

It is always important what sort of bets and markets does a bookie offer. Clearly, all websites will include EURO2016 Bitcoin betting in the offer as it is the major sporting event this summer, but some may offer more markets than others.

The standard markets such as win/draw/lose, double chance, over/under, half time/full time, correct score are pretty much standard, our advice would be to check whether a bookie offers EURO2016 specials.

The specials can be bets on particular aspects of the Cup, such as whether a team will reach the knockout stage or not, or whether one player is going to score more goals than another. For example, at Sportsbet.io you can bet whether Lewandowski will score more goals than Ronaldo.

Odds

The odds offered on particular markets are, perhaps, even more important than the markets themselves. If you want to place a single bet on a particular match, say Spain vs. Czech Republic and you think that the Spaniards will win and the odds at one website are 1.40 and at another the odds are 1.47, clearly you will select the second bookie as it offers better odds.

If you want to place accumulator or system bets, the odds may make an even bigger difference, since if one site offers better odds on all, or almost all markets, than your potential gain will be significantly higher.

Where to bet

Since the use of Bitcoins has been widespread recently, there are more than few betting websites that offer Bitcoin Sports betting. There are certain things that should be taken in consideration before you decide which Bitcoin betting website to choose. There are two Bitcoin websites that we like to suggest.

Sportsbet.io

Sportsbet.io is one of the most popular Bitcoin betting websites. It offers a wide range of sports, including e-sports. This website offers betting on EURO 2016, including specials and betting on individual matches. The site also offers a range of bonuses and promotions for players who bet on EURO2016.

All punters that bet at Sporsbet.io can compete for 3000 mBTC or 5000 mBTC daily, all they need to do is bet on any EURO2016 match. Any win higher than 100 mBTC is awarded with points. Players who are on top of the Leader-board for that day can win 200 mBTC or 100 mBTC each, depending on their ranking. The four biggest winners will win two tickets each for the semi-final matches in Marseille and Lyon.

Visit Sportsbet.io

Cloudbet (US-friendly)

Cloudbet is a US-friendly Bitcoin betting website and we definitely recommend it to our American friends. It offers 19 different sports, as well as live betting. Cloudbet also has a special promotional offer to all players who bet on EURO2016.

Cloudbet offers an opportunity to win 300 Bitcoins and all punters can participate for free. All you need to do is predict which 15 teams will advance to the each of the stages of the competition all the way up to the final. The amount of Bitcoins awarded is increased for each stage, and the punter who manages to predict the overall winner of EURO2016 is set of a prize of 250 BTC.

Visit Cloudbet

June 16, 2016: • No Comments

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