Description: Learn how decentralized betting differs from ordinary sportsbooks. Discover how to avoid ID verification and excessive fees with crypto (bitcoin) betting.

Did you know that sports betting generates more income than other gambling sectors? According to Zion Market Research, the global sports betting market was valued at $104.31 billion in 2017 and is projected to reach over $155 billion by 2024. Forecasts imply that the betting industry will grow by 11.94% annually from 2020 to 2025.

What’s interesting, the technology behind it is evolving as well. Decentralized betting took the industry by storm by introducing a transparent, secure, and anonymous way to bet on sports from any region or country. But how does it differ from regular sports bets? Keep reading to find out!

Two Ways to Bet: Centralized and Decentralized Betting

The online betting industry is growing thanks to new digital services. Until recently, people relied on betting websites with central management. But now, there’s another way: decentralized platforms have entered the picture. 

Centralized betting platforms

Centralized platforms (or online sportsbooks) are the most common websites for legal sports betting. You have to rely on central operators who control and process all deposits and winnings on the site. These platforms are subject to regulations, and, based on their location, users may experience problems when trying to withdraw their winnings.

Decentralized betting platforms

These platforms operate on blockchain technology — a decentralized peer-to-peer ledger that stores data globally on thousands of servers. Decentralized platforms are also referred to as crypto, or bitcoin (BTC) sports betting platforms since they deal in cryptocurrencies. 

Blockchain technology has given way to more secure and transparent sports betting and market predictions (spread betting). Why? Because it avoids problems inherent to regular online betting platforms.

Problems of Online Sportsbooks

Despite the popularity of centralized betting platforms, dealing with them can prove difficult – especially if you are winning. Here are the problems you can encounter on online sportsbooks:

  • High margins and fees. Centralized betting websites prefer placing high margins to collect more money from each bet. The margin for online sportsbooks stands at around 7% on average. If you add transaction fees and tax on sports betting to the equation, you’ll see that a substantial part of your earnings disappears.
  • Regional restrictions. Laws in some countries like the US and the UK can complicate sports betting. For example, your bank can reject your deposits and incoming transactions. Furthermore, many centralized platforms are legally obliged to share your data with the State Revenue Service. Consequently, it’ll be impossible to avoid taxes on sports betting and spread betting.
  • Transparency issues. You don’t get to decide the odds and maximum bets on centralized betting sites, nor will you get information on how operators set them. You get what you see, and the odds are always in favor of the bookmakers.
  • Betting limits. Online sportsbooks can limit the amount (or sums) of your bets when you start winning too much. Your account can even become suspended for some far-fetched reason. 
  • Registration & ID verification. Centralized websites require you to provide personal information. This includes your real name, date of birth, Social Security Number, and other data that can be used to identify you. As you win large sums of money, these websites may ask you to upload additional document scans of a passport or driver’s license. What’s even worse — there’s no guarantee your data won’t be used for identity theft or financial fraud. 

There’s one thing you should keep in mind about online sportsbooks: they are businesses that don’t want you to win. When you do — they’ll go to great lengths to make the money withdrawal as tricky as possible. 

Advantages of Decentralized Betting

How are BTC sports bet platforms different from regular betting websites? Let’s look at the reasons why decentralized betting is the preferred option for many users. 

  1. No regional restrictions

While virtual currencies exist in a deregulated space, governmental institutions do regulate them. The Internal Revenue Service (IRS) identified them as a virtual currency and created a tax form for crypto transactions in 2020.

Still, sports gambling isn’t legal everywhere. Many states (like Georgia and Florida) are yet to legalize sports betting, while others are outright against it.

Decentralized platforms don’t have a central authority (pun intended) and aren’t subject to regional laws. The same is true for cryptocurrencies: they don’t have a unified controlling authority. Consequently, you can place BTC sports bets from almost any region without restrictions. Moreover, you won’t need to worry about your bank rejecting transactions.

  1. Low fees

Decentralized betting takes place without central authorities and operators, therefore, it requires less operating costs. As a result, the platforms collect only a small percent of all bets. 

And here’s the best part. Since governmental and federal authorities don’t restrict these platforms, you can avoid tax on spread betting and sports bets.

  1. No control over your funds

Traditional sportsbooks require you to deposit a certain amount of money to start betting, which gives them control over the cash flow. Decentralized platforms don’t impose such regulations, meaning people can place BTC bets without making a deposit. As a result, decentralized betting sites can’t hold your funds when they please. 

  1. No documents required

Decentralized platforms allow you to participate in BTC sports betting anonymously. The registration process is easy, and, what’s more, you don’t need to provide any documents or personally identifiable information to withdraw your funds.

  1. Instant payouts

Decentralized betting websites don’t control your deposits, nor do they process your winnings. Instead, they rely on smart contract technology that works on the blockchain. This tech can guarantee that you receive your payments almost instantaneously.

Easy and Secure BTC Sports Betting with

Decentralized betting offers the safest way to wager on sports without exposing your private information. On top of that, these platforms are more user-oriented than regular online sportsbooks. You can place bitcoin bets without limitations no matter where you live and be confident that the website won’t cut or deny your winnings.

Do you want to try transparent and anonymous BTC betting? Even if you’ve never dealt with cryptocurrency, we can help you make your first bet in a few minutes. is the first decentralized platform for sports betting with a focus on the customer’s convenience. The registration is fast and doesn’t require you to upload documents or share personal information. Moreover, our website has a built-in cryptocurrency exchange service that allows you to buy EOS, bitcoin, and USDT in a couple of clicks. Register on and start betting on sports anonymously and with fewer risks!

What is your reaction?

Not Sure

You may also like


  1. ed treatments that work immediately – what is the best ed pill

  2. ventolin uk price – ventolin inhalers ventolin online

  3. misoprostol online – misoprostol over the counter generic cytotec 200 mcg

  4. doxycycline 50 mg buy uk – doxycycline uk doxycycline 100mg buy online

  5. neurontin 400 – neurontin 214 best price for levothyroxine 50 mcg

  6. best prices for viagra in canada – sildenafil 20 mg cost

  7. – can you buy cialis online

  8. onlinecanadianpharmacy 24 – how to cialis

  9. vardenafil online bestellen – generic vardenafil images buy levitra vardenafil

  10. purchase oral ivermectin – ivermectin 200mg

  11. prednisone brand name uk – prednisone 5mg cost price of prednisone in india

  12. accutane for sale uk – how much is accutane uk how much is accutane in mexico

  13. amoxicillin brand over the counter – gnamoxil generic amoxicillin cost

  14. – can you buy stromectol over the counter

  15. Zithromax For Pyelonephritis

  16. methylprednisolone 500 mg – generic methylprednisolone cost lyrica 75 mg capsule

  17. buy research papers online no plagiarism – site pay to do assignment

  18. – propecia generic name

  19. Viagra C’Est Quoi

  20. buy sildenafil 100mg online price – 20mg sildenafil

  21. medication prednisone 20 mg – prednisone online prednisone generic

  22. cost for lasix – buy generic lasix online where can i buy lasix

  23. ventolin online – ventolin price usa buy ventolin inhaler

  24. – non prescripion compazine

  25. sildenafil for sale – sildenafil pills sildenafil discount

  26. viagra y semejantes

  27. Amoxicillin 500 Tv

  28. Расстановки. Системные перестановки Растановки.
    Bert Hellinger. Метод расстановок.
    Расстановки по Хеллингеру. Расстановки по

  29. buy tadalafil online cheap – viagra vs tadalafil generic tadalafil 20mg

  30. accutane without prescription – accutane 10 mg accutane purchase canada

  31. academic writing blog – pay for essay writing uk my mother essay writing

  32. танцы на тнт новый сезон новые танцы на тнт 2021 смотреть бесплатно новые танцы на тнт 2 выпуск
    смотреть новые танцы в хорошем качестве бесплатно

  33. Битва Экстрасенсов 22 сезон (2021) смотреть онлайн бесплатно битва экстрасенсов даты сезонов
    битва экстрасенсов 21

  34. ivermectin 0.5% – ivermectin uk coronavirus stromectol tablets for humans

  35. «Битва экстрасенсов», 22-й сезон:
    стала известна дата выхода битва экстрасенсов онлайн смотреть битва экстрасенсов все серии

  36. brand viagra online australia – Cialis order canada pharmacy 24h

  37. Все лучшие фильмы онлайн: самый полный каталог
    кино Не время умирать фильм hd качество смотреть фильмы 2021 онлайн бесплатно в хорошем качестве
    вместе с нами.

  38. vardenafil online bestellen – vardenafil 10mg ed cures

  39. Смотреть фильмы онлайн в хорошем качестве форсаж 9 полностью на русском смотреть фильмы 2021 онлайн бесплатно в хорошем качестве

  40. Смотреть кино, сериалы, мультфильмы все сезоны и серии подряд смотреть фильм дюна 2021 все
    лучшие фильмы: фильмы 2021 года – все лучшие фильмы

  41. what is hydroxychloroquine 200 mg used for – order prednisone with mastercard debit prednisone over the counter cost

  42. cenforce 50 – buy vidalista 20 uk fildena 150

  43. Вы можете смотреть Фильмы совершенно бесплатно
    Игра в кальмара 1 серия смотреть онлайн всё
    о фильме: дата выхода

  44. xenical 120mg uk – orlistat uk orlistat million

  45. ivermectin covid – buy stromectol for humans uk ivermectin 1% cream generic

  46. Rosacea Amoxicillin

  47. canadian pharmacy viagra 150 mg – viagra price price of 50 mg viagra

  48. – gabapentin dosage for anxiety

  49. tadalafil 10mg india – best canadian pharmacy daily cialis coupon

  50. cialis professional buy – cialis delivery how to buy cialis online without prescription

  51. apo-prednisone – prednisone 10 mg prices 20 mg prednisone tablet

  52. visalista 60 – cenforce 120 mg cenforce 25

  53. У нас семь последних сериалов для подлинных
    любителей драмы. Бумажный дом 5 сезон 7 серия смотреть онлайн все
    серии, сериал, сезон. Скачивайте по рейтингу кинопоиска, Сериалы
    жанра “Фантастика”. Точно также все
    мы выдает таблицу различных
    каналов ICTV, HD СТС Love, 4K ТЕТ, прямой эфир Че,
    трансляция Первый канал.

  54. ivermectin oral 0 8 – ivermectin for humans buy ivermectin stromectol

  55. stromectol online canada – stromectol buy australia ivermectin brand name

  56. where can i get cheap viagra – sildenafil citrate 50mg sildenafil 200mg otc

  57. tadalafil 120 mg – cost of cialis generic cialis online mastercard

  58. cialis pills 5mg – Brand cialis for sale cialis india

  59. ivermectin dose for covid – stromectol buy stromectol south africa

  60. stromectol – ivermectin order online buy oral stromectol

  61. slot games – site casino

  62. buy my essay – my friend essay writing term paper service

  63. how to get viagra tablets – Approved viagra pharmacy viagra brand name in india

Leave a Reply to Obserty Cancel reply

Your email address will not be published. Required fields are marked *

More in:Blog