{"id":31142,"date":"2020-11-09T11:15:59","date_gmt":"2020-11-09T10:15:59","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=31142"},"modified":"2023-09-12T10:02:44","modified_gmt":"2023-09-12T10:02:44","slug":"why-do-people-love-to-bet-on-sports-with-crypto","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/why-do-people-love-to-bet-on-sports-with-crypto\/","title":{"rendered":"Why do People Love to Bet on Sports With Crypto?"},"content":{"rendered":"
The rise of Bitcoin sportsbooks<\/a> should not surprise too many people. Anyone who keeps up with Bitcoin news and dives into crypto tutorials<\/a> can see the reasons why people love to bet with crypto.<\/p>\n <\/p>\n There are several reasons, and quite a few of them might very well appeal to you.<\/p>\n Many of the top sportsbooks that accept Bitcoin also offer casino games, blackjack, poker, and more.<\/p>\n This type of diversity helps subscribers keep themselves entertained in between sports matches.<\/p>\n Not only can they keep themselves entertained, they can also rest assured that the games are fair thanks to blockchain and other technology which allows sites to show they are offering fair games.<\/p>\n \u201cIn a provably fair gambling system, a player places bets on games offered by the service operator. The service operator will publish a method for verifying each transaction in the game. <\/em><\/p>\n This is usually by using open source algorithms for random seed generation, hashing, and for the random number generator. <\/em><\/p>\n Once a game has been played, the player can use these algorithms to test the game’s response to his in-game decisions and evaluate the outcome by only using the published algorithms, the seeds, hashes, and the events which transpired during the game.\u201d<\/em><\/p>\n <\/p>\n It\u2019s no secret that using cryptocurrencies is faster than using traditional banking methods.<\/p>\n Traditional banking deposits and withdrawals can take days and days to process and post.<\/p>\n Using a cryptocurrency like Bitcoin can take anywhere from 10 minutes to a few hours. And using a cryptocurrency like Ripple can take mere seconds.<\/p>\nBetting With Crypto Can be Provably Fair<\/strong><\/h2>\n
Betting With Crypto Offers Faster Transaction Speeds<\/strong><\/h2>\n