Suppose you are looking for ways to improve your sports betting strategies to lose fewer bets and hopefully win more bets, and your preferred way to pay for things online is with cryptocurrencies, like Bitcoin. In that case, you might like to try the official Bitedge.com crypto gambling information and iGaming review site.
The website is run by a dedicated team of writers and expert researchers who provide the latest guides about crypto gambling on today’s safest and most secure crypto-accepting online sportsbooks.
Although winning is never guaranteed in sports betting, even when betting on the odds-on favourites, there are ways you can mitigate risk and boost your chances of success.
With that in mind, here’s everything you need to know about gambling responsibly and placing more informed bets on trustworthy sites known for having some of the industry’s most highly competitive odds, as recommended by the experts on Bitedge.
Highest Tips for Winning Big on Today’s Highest-rated Crypto Sports Betting and Casino Websites
Whether you are a relative newcomer to online sports betting on a legally permitted iGaming website or a seasoned pro, there are several key principles you should always stick to.
Doing so will improve your chances of winning (although it still never guarantees a return on your initial wagers) and will help you keep hold of your bankroll for much longer periods.
The following tips are easy to apply but often overlooked by players, which can lead to disappointment. Let’s start by taking a quick look at a few responsible gambling tips that every crypto gambler should know about in 2024:
- Only place sports bets and play casino games on reputable sites like those currently featured here on this page: https://bitedge.com/crypto-casinos/, and avoid placing bets on unlicensed and unregulated iGaming websites offering sports betting services and casino games.
- Before depositing, start by setting a reasonable spending budget.
- To avoid exceeding your initial spending budget, use as many of the safer gambling tools your website operator provides as possible.
- Never log in to your chosen sports betting account to place bets or play games while tired or intoxicated
- Avoid placing bets out of necessity
- Use as many free bets as possible to give your bankroll a much-needed boost, but always read the terms and conditions attached to any bonuses/free bets you claim to ensure you get the most out of that promotional offer
- Only use money you can afford to lose, and never borrow money just so you can place sports bets or play online casino games
- Always be aware that you are subject to losses
If you can remember some of these important tips when you next log in to your favourite sports betting site to place a wager on your favourite event, you will hopefully notice how simple it is to be a sensible gambler.
You can now place fewer silly bets and far more strategic bets with a greater chance of returning you a profit.
Highest Tips for Placing Strategic Bets
When it comes to placing a sports bet on any upcoming/in-play sporting event, league, or competition, it helps to have a good understanding of the sport you are betting on. Gather as many relevant statistics as possible, and stay up to date with the latest news and rumours for the sports you want to bet on.
Some of the key statistics that can help you place far more informed bets are things like recent form, injury news, historic results between the two teams/players, and the importance of the match.
In football betting, for example, it also helps to gather many other crucial stats, such as playing styles/strategies, the most common number of yellow/red cards in a match, the most common time the first/last goal is scored, the most common final scores, recent signings, top goal scorer statistics, and assist stats, to name a few.
In other words, gather as many relevant statistics as possible to place bets that are more likely to win. They are easy to find, provided you stick to reliable sources.
Understanding one of the three major sports betting odds formats can also help you become better at placing winning bets, and understanding what the odds/implied probability rates are trying to tell you the most likely outcome will be in that event is also essential.
The three main odds formats are American/moneyline, fractional, and decimal. Stick to one format, and then placing bets will be much easier and more understandable. Also, remember that the higher the IPR (implied probability rate), the more likely that outcome will occur.
In other words, something with an 80% IPR, which will almost certainly occur, would appear as -400 in the American/moneyline odds format, 1/4 in fractional odds, and 1.25 in decimal odds.
In comparison, something with only a 1.00% IPR (so not likely to occur) would appear as +10,000 (American/moneyline odds), 100/1 (fractional odds), and 101.00 (decimal odds).
Final Thoughts
The most important thing when placing bets using cryptocurrencies like Bitcoin is finding a safe and secure site that won’t disappoint you. All of the top suggestions currently featured on the Bitedge.com iGaming review site rank among the safest Bitcoin betting sites in the world.
They are all controlled by reputable operators running legitimate businesses, and they are also fully licensed and regulated to offer real money gambling services by one or more of the industry’s most notable gaming commissions/licensing authorities, so before joining any sites you randomly stumble across, try some of their top-rated suggestions first.
They have high levels of cybersecurity, superb customer support services, highly competitive odds, thousands of monthly sports betting markets, frequent sports betting promotions and free bets, and can be accessed by anyone aged 18 or above from any decent Wi-Fi/internet-connected PC desktop computer, laptop, smartphone or tablet device.
All of their feature sites have positive reviews. They are free to join. They process instant deposits and lightning-fast withdrawals, and you can sign up to their sites in under a minute. Remember to gamble sensibly and do plenty of research to give your bets the best chance of winning.
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