Strike big wins in Bitcoin Cricket Betting at Bitcasino

Moneyline

Moneyline betting is a straightforward type of bet where you can bet on the outcome of a match or event. In cricket, it typically involves betting on which team will win the match. The odds are presented as positive (+) or negative (-) numbers, indicating the potential payout.

Point Spread

Point spread betting is more commonly associated with sports like basketball or American football, but it can also be applied to cricket sports. In cricket, point spread betting involves predicting the margin of victory for a team or the total runs scored in a match. The sportsbook sets a specific point spread, and you bet on whether the actual outcome will be above or below that spread.

Parlays

Also known as an accumulator or combo bet, Parlays is a type of bet where you combine multiple individual bets into a single wager. To win a parlay bet, all the individual bets included in the parlay must be successful.

Parlays offer the potential for higher payouts since each bet's odds are multiplied. However, the risk is also higher since you lose the parlay bet if any individual bets lose.

Over/Under Betting

Over/Under betting or ‘Totals’ involves wagering on whether a specific statistic in a cricket match will be over or under a predetermined value set by the sportsbook.

For example, you can bet on whether the total number of runs scored in a match will be over or under a certain number or whether the number of boundaries hit will be over or under a specified amount.

Futures Betting

Futures betting involves placing bets on long-term outcomes in cricket, such as tournament winners or individual player achievements throughout a season or series. For instance, you can bet on which team will win a particular cricket tournament before it begins or predict the leading run-scorer of a series.

In-Play Betting

In-play or live betting allows you to place bets on various aspects of a cricket match while it is progressing in real-time. You can make bets on events such as the outcome of an over, the next wicket, or the method of a batsman's dismissal.

In-play betting adds an extra level of excitement and engagement to cricket matches as you can adjust your bets based on the ongoing action.

Enhanced anonymity

As Bitcoin is the main cryptocurrency at Bitcasino, you can ensure that all the transactions on the platform provide a higher level of privacy and anonymity compared to traditional payment methods. Here, you can enjoy betting on cricket matches with added confidentiality.

Security

Bitcoin transactions are secured at Bitcasino as it utilises advanced cryptographic techniques, providing a high level of security to your account. Bitcoin’s enhanced anonymity keeps your funds and personal information protected.

Fast transactions

Compared to traditional banking methods, Bitcoin transactions are typically faster as they can be accomplished quickly with a few clicks rather than with middlemen. Deposits and withdrawals can be processed swiftly, allowing you to have easier access to your funds and winnings.

Lower fees

Bitcoin transactions often have lower fees compared to traditional payment methods as it lessens the effort of brokers who process transactions. This means that you can save on transaction costs and potentially have more funds available for cricket betting.

Global accessibility

Bitcoin is a decentralised digital currency, which means it can be accessed and used by individuals from different parts of the world as long as the online casino platform and the country’s jurisdiction allow it.

1. Setting up a Bitcoin wallet

To start, you'll need a Bitcoin wallet to store your Bitcoins securely. There are various types of wallets available, including online wallets, software wallets, and hardware wallets that you can use for creating a wallet account. When setting up, follow the instructions provided by the wallet provider to create your Bitcoin wallet.

2. Acquiring Bitcoin

Once you have a wallet, you must acquire Bitcoin for online cricket betting. There are several ways to get Bitcoin. You can purchase it from cryptocurrency exchanges such as Coinbase, Binance, or Kraken using traditional currency (like USD or EUR).

Alternatively, you can earn Bitcoin through various methods like mining or accepting Bitcoin as payment for goods or services. Choose the method that works best for you and acquire the desired amount of Bitcoin to fund your betting activities.

3. Registering Bitcasino

Visit the official website of Bitcasino by searching on your web browser. Click the ‘Sign Up’ button in the upper right corner of the homepage or simply the one in the middle part of the page.

As you click on it, you are redirected to the registration form, where you need to fill out the required information. This includes your username, birthdate, email address, and strong password. Review the terms and conditions and privacy policy of the platform, and accept them if you agree. Once done, your account is ready.

4. Depositing Bitcoin into the betting account

After registering and logging in to your Bitcasino account, navigate to the ‘Deposit’ section by clicking the ‘Payment’ button in the upper right corner of the homepage. Look for the Bitcoin deposit option and select it.

After selecting, you are provided with a unique Bitcoin address that you can copy or a QR code to scan using your Bitcoin wallet. Initiate a transaction to send the desired amount of Bitcoin using either of the two options.

Confirm the transaction and wait for it to be processed. This may take some time, depending on network congestion. Once the transaction is confirmed, the Bitcoin amount is credited to your betting account, and you can start using it for online cricket betting.

Navigating the website

Once you have your betting account, log in to Bitcasino. On the homepage, explore the different sections and categories to become familiar with the interface and options available on the platform.

Selecting Cricket Events

Look for the Cricket section or tab and see the available events or sports betting. Click on it to access the current cricket matches and tournaments. Bitcasino provides a list of upcoming cricket events or a schedule for you to choose from.

Choosing betting options

Once you've selected a cricket event or match, you'll see various betting options. These options may include the match winner (betting on which team you think will win the match), top batsman (predicting which player will score the most runs), total runs scored, and other outcomes or player performances. Review the available options and select the one you want to bet on.

Setting the stake

After selecting your desired betting option, you'll need to set the amount of Bitcoin you want to wager on the bet. Bitcasino typically provides a betting slip where you can enter your betting amount. Make sure to enter the desired stake accurately.

Confirming bets

Once you have decided on the betting option and set your preferred stake, review all the details on the betting slip to ensure everything is correct. Double-check the selected cricket event, the chosen betting option, and the stake amount. If you're good with the information, you can proceed to confirm the bet.

Researching teams and players

Before placing your bets, it's important to get to know the teams and players involved in the cricket match. Conduct thorough research about them by analysing their present form, performance statistics, key players, injuries, and head-to-head records. By gaining insights into the strengths and weaknesses of the teams and every player, you can come up with more informed betting decisions.

Managing your bankroll

Proper bankroll management is essential for any form of gambling, whether casino games or sports, including Bitcoin cricket betting. It involves setting a budget for your bets and sticking to it.

Managing your bankroll

Proper bankroll management is essential for any form of gambling, whether casino games or sports, including Bitcoin cricket betting. It involves setting a budget for your bets and sticking to it. 

To manage your bankroll, set the amount of money you are willing to risk and avoid exceeding that limit. It is better to divide your cash into smaller amounts and bet a regular percentage on each stake. This will help you mitigate losses and ensure long-term sustainability in your betting activities.

Staying updated with cricket news

Keeping up with the latest cricket news and developments is crucial for successful betting. Stay informed on the weather conditions, line-up changes, pitch reports, and any other factors that can influence the outcome of a match. Follow reliable cricket news sources, including official team websites, sports news portals, social media platforms, and blogs, to stay ahead of the game and make well-informed betting decisions.

Analysing historical data

Dive into historical data such as past match results, player performances, and team records. Look for patterns, trends, and insights that can help you identify potential betting opportunities. 

For instance, analyse teams' performance in specific conditions (home or away), their records against particular opponents, or the batting and bowling statistics of individual players. Historical analysis can provide valuable information for predicting future outcomes.