by How to choose the best bookmaker for accepting cryptocurrency bets in India
Online betting sites in India have seen phenomenal growth in recent times. The prevalence of mobile betting apps and convenient payment options are a few of the many reasons behind the rapid growth.
Cryptocurrency is one of the accepted payment options in many Indian betting sites. This is not surprising as it is forecast that crypto payments can reach 17% CAGR in 2022 -2029.
While the market share worldwide is a small amount, for players in search of sites that accept crypto payments, these sites are a big boon. Here are some tips to choose the best online betting sites in India that accept cryptocurrencies.
Profitable odds
Odds remain the major factor influencing the profits you earn in sports betting. Choose a site that offers favorable odds as they can give you better returns over time. When you get good returns on your bets you would not think of taking unnecessary risks. It is best to assess the odds in pre-match and live betting to know which works well for you.
Easy payment methods
When it comes to online betting, users prefer fast and convenient payment methods. The site you choose should offer fiat and cryptocurrencies making it easier to choose. Cryptocurrencies are popular payment methods as the transactions are convenient, anonymous, and quick.
When you have a wallet with sufficient tokens, it is easy to save on processing time and taxes. Some of the cryptocurrencies that the best online betting sites in India accept are:
• Bitcoin
• Tether
• Ethereum
• Ripple
• Solana
• NEAR and more.
Legit sites
Security is a key factor in betting as without proper security measures players cannot make safe payments or provide their personal details. Betting sites regulated by recognized authorities like the UK Gambling Commission, the Government of Curacao license, and the Malta Gaming Authority provide assurance of the legitimacy of the site. The regulation ensures the following
• The legal operation of the site
• Proper adherence to security practices
• Protection of personal and financial information
Reputation
When choosing a site that accepts cryptocurrency, you need to ascertain whether it is a reputed site or not. A reputed site will have trustworthiness and reliability in its payment process, user experience, customer support, and other aspects.
You get to experience fair betting practices and timely payouts. Moreover, a site with a good reputation will have strong partnerships with leagues and teams providing you with better wagering choices.
Conclusion
The best betting sites in India that accept cryptocurrency provide many advantages. You need not do account verification and there is a possibility of converting your e-wallet to a physical one. Furthermore, it is a most secure transaction. By using the tips mentioned above, you can ensure you have a great time at the betting site of your choice. The secure payment system further makes your time safe and enjoyable.
