All You Need to Know About Crypto Betting on Euro 2020

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The Euro 2020 playoffs are closing in, and bettors are already keeping an eye out for odds and advantageous offers and promotions.

But if you’re new in sports betting, everything may seem a bit intimidating. The online betting market is super competitive, with thousands of platforms being available. But one of the major questions you should ask yourself before settling on a platform is: Do you want to bet with fiat currency or with cryptocurrency?

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In order to answer that question, let’s first look over the facts.

Why you should bet with crypto on Euro 2020

The gambling sector is the second-most popular application of cryptocurrencies, besides payments and transactions. And all for good reasons.

1. No third-party payment providers

When you’re betting on an online platform, you either use a debit or a debit card. That payment method is made available through third-party payment providers such as Visa or Mastercard. In return for their service, they charge transaction fees, forcing gambling platforms to cut down on odds and promotions and raising the overall costs.

Blockchain technology removes the need for such payment providers, reducing the fees considerably.

2. Anonymity

Payments through a debit/credit card leave a trace that leads back directly to you. Moreover, you are generally required to submit a lot of personal and financial information to the website, such as your name, email address, payment details, and sometimes a physical address.

With crypto payments, on the other hand, you just have to sign up using an email account (and sometimes not even that). Making a payment is also pretty straightforward. You just have to transfer cryptocurrency from your account to the website’s account using a crypto wallet, and you’re done.

3. Better odds and promotions

The lower fees that we talked about earlier ultimately lead to better odds and promotions being offered by crypto betting platforms such as 1xBit.

Euro 2020 crypto betting tips

When it comes to betting, it’s highly important to use statistics to your advantage.

Because there are more countries as hosts this year, there will be a lot of opportunities to bet on teams playing on their home field, a factor that directly affects the odds.

It is also important to look into the recent performances of individual players to see who is in a better form. When you examine goalscorer markets or teams, try to look for patterns that may indicate their future performance, such as winning or losing streaks. There are many ways in which you can bet on Euro 2020, as there are a lot of options in terms of crypto betting sites and odds. There are also different types of bets that you can make, such as betting on the winner, top goalscorer, final winner, and more.

While you can make money betting on the winner market, you should also take the opportunity to bet on qualifying matches, as even though they are part of smaller markets, they usually have the best EURO 2020 odds.

Several teams are already public favorites to win Euro 2020, but don’t go with the flow and bet on public favorites. Get ahead of the game by studying their performance in the qualification phase. If you expect a particular country to win the tournament, then the odds you have now for betting on a winner will reap more profit compared to the ones that will be available near the end of the finals.

The Euro 2020 odds for the teams that have already qualified have been posted on all betting sites, with the prices for all the nations to be featured in the play-off session. Top crypto betting sites such as 1xBit will have specific Euro 2020 promotions for its users throughout the event, and you should definitely take advantage of such offers.

When you want to place a wager on Euro 2020, you will have plenty of choices in terms of sports betting sites. However, keep in mind the criteria for choosing the best one, such as crypto selection, bonuses, odds, and diversity of matches and events.

Jaimin G.

Jaimin kick-started his career as a news writer after completing his graduation. While studying, he was attracted towards the enticing world of crypto and became a crypto trader in 2014. Being an enthusiast in revolutionary technologies like blockchain and cryptocurrencies, he enjoys speculating about the market and writing exclusive pieces on the emerging trends.

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