5 Reasons Bitedge.com Recommends Crypto Sports Betting Over Traditional Bookmakers

Tired of traditional (and slow) sports betting sites? Here are five reasons why Bitedge recommends crypto sites.

Huge Sports Selection

Like traditional betting options, crypto betting sites offer a huge array of sports to choose from. Bookmakers like Vave (vavevave.net), rated as one of the best crypto sportsbooks, offer football betting. Tournaments include the UEFA Champions League, Europa League, Conference League, and the national leagues of Argentina, Brazil, England, Denmark, France, Germany, Spain, USA, and many more. Other sports include vSoccer, basketball, vBasketball, tennis, AI tennis, ice hockey, table tennis, baseball, futsal, rugby, American football, darts, waterpolo, golf, motorcycling, and MMA. In other words, everything you’d expect to find at a traditional bookmaker.  

Transaction Speed

Transaction speed is one of the biggest draws of crypto sites. This is where they vastly outperform traditional bookmakers. When a user places a bet or withdraws winnings through conventional methods (bank transfer, credit card, or e-wallet), there are often delays ranging from hours to several days. Crypto betting sites use blockchain technology for lightning quick transactions. Deposits made with Bitcoin, Ethereum, or Litecoin, for example, are normally confirmed within minutes. This speed might improve the overall betting experience by making it hassle-free and giving a user more control over their funds. They might choose to reinvest winnings into another bet or quickly move funds to their crypto wallet. Withdrawals are similarly quick, bringing us to the next advantage.

Quick Payouts

One of the biggest advantages of using crypto for sports betting is the speed of payouts. Traditional sites often take 3-5 days (sometimes longer) to process withdrawals due to banking procedures, verification checks, and processing times. This might be frustrating if you want quick access to winnings.

With crypto sports betting sites like BC.Game, TrustDice, and Sportsbet, withdrawals happen almost instantly or within a few minutes. Transactions take place on blockchain networks, so there’s no need to wait for banks or payment processors – effectively middlemen. Once you request a withdrawal, the funds are sent directly to your crypto wallet.

Crypto withdrawals also avoid common banking restrictions such as weekend delays or public holiday closures, which often slow down traditional payment methods.

Welcome Bonuses

The same kinds of welcome bonuses you might have seen at a traditional bookmaker are found on crypto sites. Bonuses often come in the form of deposit matches and free bets. For example, BC Game offers a tiered welcome package, starting with a 120% match bonus up to $500, plus 5 free bets on the first deposit with a minimum of $10. The second deposit features a 100% match up to $300, plus 5 free bets, then the third increases to a 150% match bonus up to $500, plus 5 free bets, and so on. Keep in mind that no bet (free or otherwise) is a guarantee of winning. Crypto betting sites such as Vave include a responsible gaming page (scroll down to the bottom menu and look for the “Help” section). They advise that users who might have gambling issues may be best off avoiding the site. Responsible gambling advice is available at GamCare and Safer Gambling UK.  

Anonymous Betting

Another much-touted (for good reason) advantage of crypto is the anonymity. Bookmakers don’t have to know your real name, physical address, or bank details. All of that stays private. All you need is your crypto wallet address to deposit, bet, and withdraw. This privacy appeals to bettors who prioritise security and want to keep gambling activity separate from other finances. It also reduces the risk of identity theft or fraud. Compared with traditional bookmakers that often require extensive KYC (Know Your Customer) checks, crypto betting sites can offer a more discreet experience while still delivering fair odds and fast payouts.

Having Mentioned esports Betting…

Esports has become a part of broader sports betting. Competitive video gaming events draw in huge audiences, and many sportsbooks (both traditional and crypto) have added markets for popular games like League of Legends, Counter-Strike, and Dota 2. Bettors who grew up with gaming as a pastime are more inclined to bet on these events.

Compared with traditional sports, esports matches often have a higher volume of events each day, providing plenty of opportunities. The fast pace and multiple game formats allow for various betting types, from outright winners to in-game events. Crypto sites, in particular, may appeal more to esports fans since these platforms already attract tech-savvy users.

Some esports tournaments offer gigantic prize pools that rival traditional sports events, increasing the stakes and interest. This has encouraged bookmakers to develop their betting options, including live betting during matches (as in traditional sports like football and basketball, where a user might bet on the number of corners or free throws, for example).

Esports betting is still a relative niche compared to football or horse racing, but it’s growing. For users who follow gaming closely, it provides a chance to combine one hobby with another. As esports grows further, it’s likely to become a bigger segment of the sports betting and crypto betting markets.