Best Bitcoin Cash Sports Betting Sites

Best Bitcoin Cash Betting Sites Reviews

Let’s analyze the Bitcoin Cash betting sites reviews of the brands mentioned in the table.

Is Bitcoin Cash Better Than BTC For Use on Betting Sites?

Bitcoin Cash is a BTC spin-off created in 2017, which has since split into Bitcoin Cash and Bitcoin SV.

Bitcoin Cash quickly gained momentum and is now one of the world’s most significant digital currencies.

If you want to deposit Bitcoin Cash on any betting site, you should know the following upsides and downsides.

The positives of using Bitcoin Cash on Betting Sites

• BCH offers lower transaction fees than most cryptoassets

• BCH users also benefit from quicker transaction times

• As it is a BTC fork, BCH has a similar capacity for a price increase

The negatives of using Bitcoin Cash on Betting Sites

• Despite its origins, some experts wonder if Bitcoin Cash can follow in its model’s footsteps

• Right now, it isn’t easy to find reliable betting sites that accept Bitcoin Cash

• Bitcoin Cash does not escape market crashes, which could significantly reduce your winnings in a matter of hours

Everything You Need to Know About Sports Betting Odds

Even though it’s important to become an expert in sports markets, this is not your only concern.

You can forget about long-term profitability if you don’t understand betting odds.

All the research in the world can’t make up for choosing poor value odds relatively often.

Every Bitcoin Cash betting website has a house edge on each market you bet on, and it is usually at least 3% but can increase to 30% depending on the market.

However, no sports betting site gets it right all the time, so your mission is to find odds that represent better than fair value.

Value Betting

Value betting experts forensically examine each market to discover that elusive edge.

For instance, your research shows a 30% likelihood of Manchester United defeating Arsenal in the English Premier League.

Suppose the odds of a United win are 2.50 on most BCH sports betting sites. Should you make a bet?

No! 100/2.50 means the betting site believes there’s a 40% likelihood of a United win.

When researching any event, your goal is to discover enough information to ascertain how likely an outcome is.

At the end of this process, you’re rewarded with a ‘betting tissue,’ which helps you better understand a bookmaker’s odds.

A betting tissue is a means of pricing an event to create your own odds.

Of course, you can’t even begin this process until you learn more about the different sports betting odds formats.

Many people don’t know how to calculate betting odds, so we’ve created a quick guide to the three most common types.

American odds

Sports betting sites that accept Bitcoin Cash that cater to users in the United States will often use American odds, which have a plus or minus sign before a number.

The sign’s purpose is to inform you whether your profit in BCH is larger or smaller than your bet size.

For example, a (-) sign means an odds-on wager, so your potential profit is less than your stake.

If the sign is plus (+), it means a longer odds bet where the profit is greater than the amount you bet.

Here are some examples of American odds and how much you could win depending on the size of your bet:

• +110: betting $100 and winning at these odds means a total return of $210

• +150: By betting at these odds, a win will yield a profit of $150

• +300: Back any outcome at these odds with a $100 bet, and your total returns will be $400 if successful

• -110: If you bet at this price, your overall profit with a win is $90.91

• -150: bet $100 at these odds and win, and you benefit from a return of $166.67

• -300: If you bet $100 and your selection is successful, you benefit from a return of $133.33

Decimal odds

If you live in Europe, you’re likely familiar with decimal odds which are the most basic form.

To calculate your possible returns, multiply the size of your wager in Bitcoin Cash by the odds.

Imagine England’s price to beat Sweden is 1.6, and you wager $200; multiply 1.6 x 200 for a total of 320.

Should England succeed, the $320 return equates to a profit of $120 since 320 – 200 = 120.

By dividing the odds into 100, you can quickly determine the percentage likelihood of a selection winning.

Using the above example, England has a 62.5% chance of winning according to the BCH betting website, since 100/1.6 = 62.5.

Fractional odds

Generally speaking, fractional odds are popular in the United Kingdom and Ireland.

This odds format features a slash between two numbers.

For example, betting on any sports market at 6/1 odds means that your return is $7 for every $1 risked.

Therefore, if you wager $10 worth of Bitcoin Cash at odds of 6/1, you would win $70 if successful, for a profit of $60.

The number on the left represents the total profit if you wager the equivalent of the number on the right.

Let’s say you back the Tennessee Titans to defeat the Tampa Bay Buccaneers at odds of 11/4; this means your profit is $11 for every $4 you bet should the Titans win.

Calculating your total return is as easy as adding how much Bitcoin Cash you staked to your profit.

If you don’t like a particular odds format, the sports betting site with Bitcoin Cash you use should let you switch to another one.