Earth has nearly finished yet another spin around the sun, and now that a new year is almost here, it's a perfect time to learn about the top 5 reasons for sports betting with Ethereum in 2023. Find out what crypto betting specialists believe below.
5. ETH is Easy to Convert to Cash
There used to be a time when converting crypto to cash was a headache, and calling it that is an understatement. Luckily, today the regulations have caught up in most parts of the world, and it has given life to secure exchanges as well as P2P escrow protocols. Those same services make ETH easy to convert to cash, no matter where you live. So you know it constructs the foundation of a great coin to use when sports betting. If you happen to score a huge payday, you'll have no trouble converting it to dollars, euros, or even shekels if that's what you need! Now that we have gotten the first of the top 5 reasons for sports betting with Ethereum in 2023 out of the way, let's take a look at the next.
4. Ethereum Sportsbooks Offer Better Odds
If you are a sports betting novice, then you may know the true value of odds and how even a few points one way or the other shifts your edge drastically. We could spend hours teaching you advanced knowledge, or you can just trust us when we say that the odds matter. And Ethereum sportsbooks offer better odds than many FIAT-based bookies. Set your 2023 up for success by playing with Ethereum's blockchain's best bookmakers, which you can learn more about through our top 10!
3. Ethereum Sports Betting is Anonymous
One of the bad things about online gaming is regulations. It makes it impossible to play in any FIAT-based casino without having to pass an identity & address verification first. While it also adds an extra layer of safety due to having a regulative authority to reach out to if disputes arise, at the same time, it makes it far less convenient to enjoy betting on your favorite sports rivalries. Luckily, many of the crypto bookies follow its original nature by never asking you to verify your accounts. Those scenarios are left only for suspected abusers. You as an everyday sports betting aficionado, won't have to stress over anybody holding your coin hostage after a big bink.
2. Smart-Contract Based Sportsbooks
Now the next of the top 5 reasons for sports betting with Ethereum in 2023 is not the most conventional, but it certainly has the potential to be the future of online betting. Ethereum's blockchain allows for smart contracts that execute themselves when pre-determined parameters have been met. And that creates a perfect foundation for smart-contract-based sportsbooks. You never have to risk your coin in the hands of a middle-man when you use specially designed protocols made for betting.
1. ETH Used By DAPPs Which Sets Favorable Grounds For Long-Term Appreciation
We believe that the majority of crypto users love the appreciation potential. Coins that have more day-to-day use, naturally appear to have more value on the surface, simply due to people needing to buy the coins for their services. When a blockchain network fuels many decentralized applications as Ethereum does, it signals colossal long-term gains as more DAPPs appear on the network. So you know it pays to be one of the early adaptors of it, so you'd have a stack once the boom comes in. Start sports betting for ETH with our #1 recommended bookie to win yourself a retirement stash while the Ethereum's value is still low. That summarizes the top 5 reasons for sports betting with Ethereum in 2023.
That summarizes the top 5 reasons for sports betting with Ethereum in 2023.