Sports betting with bitcoins is tough if you do not have the complete idea of how bitcoin works as well as the best ways to make more money. However, persistence and research always lead to success in betting. There are several ways to win from your wager for long-term and that would start with the simplest things such as the types of bets and different bonuses you can grab. Various bitcoin bonuses are offered by different bitcoin sportsbooks. These bonuses come in many sizes, styles, and shapes. Meanwhile, understanding a different kind of bets will be very helpful if you want to earn consistently. Some bets are not appropriate for a certain game, while others are not applicable for the odds.
Kinds of Bets You Should Make
The most confusing and tiring job of the gambler in sports betting with bitcoin is that understanding the use of different bets. In this article, sports betting will be easy for you, if you would spend a little time analyzing the different bets. You can use these bets in betting at Bigbook.ag for your favorite casino games and sports.
Parlays
In sports betting with bitcoins, parlays are popular and work in the same way as regular sports betting. Typically, the parlay is a type of wager used to effectively combine two or more wagers into one. In parlays, it is hard to win because, in this type of bet, you have to make multiple selections which after the game, all of these selections have to be correct. If not, you will definitely lose the wager. However, parlays are the type of bet in sports betting with bitcoin that is very risky, yet, it offers high potential payouts if your selections win. This type of bet requires the combination of skills and luck for you to achieve your goal in sports betting with bitcoin.
Straight Bets
A straight bet is the most common bet used in sports betting with bitcoins. Straight bets are wagers that involve betting on a single game which carries a total, point spread or moneyline. In this type of wager used in sports betting with bitcoins, a gambler should correctly wager on the entire team that covers the spread. Typically, straight bets pay off -110, meaning that for every $110 bet, there is a $100 in return.
“If” Bets
“If” bets are two straight bets combined. This type of bet used in sports betting with bitcoins is used by many gamblers to be a method of money arrangement. Gamblers who uses this type of bet in sports betting with bitcoin gain an advantage of playing for it reduces their exposure to losses. In an “If” bet, the amount of total wager is then collected at the time you placed the entire bet sequence.
Progressive Parlays
Progressive parlays is a type of bet in sports betting with bitcoins that come with slightly lower risk because it offers a little more flexibility. In the case of progressive parlays, they would still return a payout even though one selection is incorrect. If there are more selections, the sportsbook can return a payout even up to two or three selections are incorrect. Unfortunately, the opposite of the less risk is also risk payout even when all selections are correct. Furthermore, the more wrong selections, the more the payout is reduced.
Propositions
Proposition bets are types of bets in sports betting with bitcoin which gives an advantage to smart bettors. It is because, in proposition bets, bettors have the edge over the sportsbook due to the power and time to dig deeper. In sports betting with bitcoins, proposition bets are usually called side bet, novelty or prop bet. This is defined as the wager placed following the non-occurrence and occurrence of a certain game that not directly affect the game’s final outcomes.
Teasers
Teasers is a type of bet in sports betting with bitcoin that combines wagers on two or even more games for the sake of adjusting the point spreads. Some gamblers view teasers as a good type of bet for it offers them the chance to effectively buy points. These points will be an exchange for the pairing of at least two bets. However, in this type of bet in sports betting with bitcoins, both bets must win or else the entire bet will be declared as the push.
Types of Bitcoin Betting Bonuses
Knowing about what bonuses a sportsbook offers is a great deal to make money in sports betting with bitcoins. It is because you would have the chance to double your profit in lesser time and efforts. Here are the most common betting bonuses offered today:
Free Spins
All sports betting with bitcoin sites offer free spins including Bigbook.ag. Free spins will not only motivate you to play more BTCs on the site but also increase your chances of winning. There are several ways that bitcoin free spins are awarded to gamblers, as well as its number. Sports betting with bitcoins sites hold the right to award the number of spins and where it would be applied. If you’re fortunate enough, there are sports betting with bitcoin sites which give 50 free spins as a special promotion, while there are also some given to selected BTC slots.
Welcome Bonus
A welcome bonus is what every gambler gets from sports betting with bitcoins sites as a welcome gift for their interest on the sportsbook. Sometimes, the welcome bonus is added to the deposit bonus or comes in another package that you will get once you sign up for an account. Sports betting with bitcoins sites have their own ways to treat every gambler with the welcome bonus, but this normally comes with a 100% match bonus. A welcome bonus is usually good for a limited time only.
Deposit Bonus
The deposit bonus is the most common type of bonus given by sports betting with bitcoin sites. Bigbook.ag has numerous ways of deposits including VISA/MC, Wire, Money Gram, Bitcoins and the Western Union. Whichever method is used, you are subject to a deposit bonus from the site. However, unlike the 100% offer of the welcome bonus, a deposit bonus comes at a smaller rate. By reloading your account, you will get extra BTCs in your bankroll.
Re-Deposit Bonus
A re-deposit bonus is not really different from the deposit bonus which sports betting with bitcoin sites offer. The only difference between the two is that re-deposit bonus can be claimed either on every deposit you make or on your first deposit of any given month. However, not all sports betting with bitcoins sites offer re-deposit bonus and its amount of reward varies from site to site. Also, this kind of bonus often includes wagering before you can claim it.
Free Bet Bonus
Free bet bonus is a type of bonus given by sports betting with bitcoin sites that are designed for players who don’t wager too much. Free bet bonus are used to motivate these players who do not gamble a lot. In casino game sites, this bet bonuses allow you to obtain a couple of free spins on a slot. Free bets are available to claim anytime giving them chance to win a profit.
Referral Bonus
Bigbook.ag offers the best referral system to gamblers for up to $400 of their Free Payouts, Deposit, ½ Flat Discount on 2 of their favorite teams and Free Plays. Referral bonus works when you invite a friend, relative or acquaintance to gamble in certain sports betting with bitcoins site. Referral bonus usually gives freebies and awards to grab for bitcoin gambling. However, before you get the bonus, your referral must first make the initial deposit on their account.
Loyalty Bonus
Loyalty bonus is more common to sports betting with bitcoin sites than with regular sportsbook. This type of bonus is given when you place wagers at sports betting with bitcoins site for quite a time. Loyalty bonus can extend from a wide range of awards including prizes, merchandise, cash back, free bets, and free spins. What you get and how much is its worth depends on how much you have spent in the past.
Special Bonus
A special bonus is a type of bonus given by sports betting with bitcoin sites which cover daily, weekly, monthly or even quarterly promotions. This is usually centered on an upcoming event which the sportsbook wants to promote like a new casino game or a newly adopted sport. However, special bonus varies from site to site, Bigbook.ag offers a good special bonus for regular gamblers.
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