While certainly not a new phenomenon Bitcoin, gamblers on the Asian continent are just now starting to wake up to the world of opportunities presented by blockchain technology. Its appeal? Fast transactions, low fees, and privacy. As more online platforms embrace Bitcoin and other cryptos like Ethereum and Litecoin, it's clear that the future of betting is digital. We will talk specifically about BTC and why cricket bettors from SE Asia like it so much as a banking method.
Reasons for BTC Migration Among SE Asia Bettors
Bitcoin has been around for over ten years but sports bettors from South-east Asia have only recently been rediscovering the worth of crypto payments for gambling. BTC is the top cryptocurrency and is now a favourite among online betters on the continent. Why? Here are some simple reasons:
Betting with Bitcoin is straightforward. More online gaming places now accept not only Bitcoin but also other cryptocurrencies like Ethereum and Litecoin.
Before Bitcoin, betters used credit or debit cards which could be slower. With Bitcoin, adding money to your betting account is super quick.
Betting with Bitcoin often comes with tiny fees, sometimes even none! This is better than the higher fees that some credit or debit cards might charge.
If you want your betting to be a secret, Bitcoin is the way to go. Nobody can see your transactions, unlike with regular bank methods.
Mobile Cricket Betting - The Big Game Changer
Mobile betting on cricket revolutionised the traditional gambling experience. With just a few taps on a smartphone, you can place bets on your favourite teams, players, or match outcomes. The combination of mobile betting and crypto payments is the real game changer as cricket keeps garnering massive global viewership. It is much easier and convenient to pull out your mobile device, deposit via one of the secure crypto payment methods, and start betting. It is much easier and accessible than driving to a dedicated bet shop, paying in cash, and getting paid in cash like the good old times.
Understand the Basic Cricket Bet Types in SE Asia
The variety of available cricket bet types is one of the reasons bettors from SE Asia are visiting crypto sportsbooks. To better understand the advantages of each of these bet types, we summarised how the most popular ones function so that you can bet with BTC on cricket.
Match Bet
When you engage in a match bet, you're essentially picking a side. You're predicting which of the two teams will come out on top. However, things aren't always straightforward. Matches can end in a tie, and depending on the rules of the sportsbook, this could nullify the bet. It's essential to be aware of the conditions under which a match bet pays out.
Tied Match
As cricket enthusiasts would know, especially in test games, matches can end in a draw. The tied match betting option is precisely for such outcomes. By selecting this option, you're placing your money on neither team winning. Given its specificity, it's often best used when betting on test matches and not matches from the World Cup.
Series Winner
Cricket series, such as "The Ashes" between England and Australia, consist of multiple matches. When you place a bet on the series winner, you're looking at the bigger picture, predicting which team will have the most wins by the series' end.
Top Batsman & Top Bowler
Cricket isn't just about teams; individual performances matter greatly. These bet types focus on individual players. With a top batsman bet, you're predicting which player will score the most runs, whether in a match, series, or even a tournament.
Batsman Contest
Here, it's player against player, irrespective of their teams. The batsman contest is about comparing the performances of two players, often in terms of runs scored or boundaries hit. It adds a layer of granularity to your betting, focusing on individual achievements. This bet is perfect when a match between the top cricket teams is being played.
Over/Under
This popular bet type moves away from winners and focuses on scores. You'll be presented with a score, and your job is to predict whether the actual combined score of both teams will be over or under that benchmark.