Developing Winning Crypto Betting Strategies

[nitrobetting]

As crypto betting becomes more and more popular, professional and casual sports bettors must rise with the tide. Doing so means we must tweak how we implement both our casino gaming and sports betting strategies.

In this blog, we cover what we must do to transition from traditional fiat currency sports betting to crypto betting. Check out the four things that will help you create a crypto betting strategy and lead to profit.

How to Develop a Winning Crypto Betting Strategy
Understand Crypto Betting Basics
This is an absolute must. If we decide we’re going to start betting on NASCAR or PGA golf, the first thing we do is study NASCAR and the PGA. The same applies to crypto betting.

Get to know how blockchain’s work, why cryptocurrencies are here to stay, and how you can employ cryptos in your sports betting and/or casino gaming. The key is to learn crypto basics. For example, although Bitcoin and Ethereum remain the two most popular and highest market cap cryptocurrencies, other cryptos, like Litecoin, bitcoin cash, and ripple (XRP), have become ultra popular.

Know the cryptocurrencies you can use to fund your sports betting accounts. Also, get to know Ethereum, Bitcoin, etc. so that you can make rationale decisions. Maybe, as an example, you want to keep your bitcoin, which means you should purchase Litecoin, or some other crypto, and fund your betting account with LTC. Don’t forget that for most cryptos there is a utilization and investment aspect.

Develop a Strategic Betting Approach
As with all betting, you must develop a specific strategy. Remember that even if you fund your betting account with LTC, XRP, BTC, or ETH, each bet you make will be in mBTC, which is 1/100th of a Bitcoin.

Make sure to have your conversion site ready. You will want to convert the amount of money you wish to bet on each game from U.S. dollars to mBTC. This allows you to never bet too much, or too little, on each play.

Effective Bankroll Management is Key
When it comes to crypto, because we’re betting in mBTC, it’s important to know how much we’re betting. Creating a unit size is more difficult because we must convert our dollars to mBTC before making a bet.

However, the difficulty of doing this balances out because mBTC, and all cryptos, also serve an investment purpose, meaning we not only manage our bankroll to profit from our sports betting, but, when we get good at it, we can manage our crypto betting bankrolls to increase by just remaining as crypto.

The investment and utilization aspects of cryptocurrencies allows us to increase our bankrolls by simply keeping our money in cryptos and not dollars.

Read more→ https://nitrobetting.eu/guides/developing-winning-crypto-betting-strategies/

[jossiel]

Get to know how blockchain’s work, why cryptocurrencies are here to stay, and how you can employ cryptos in your sports betting and/or casino gaming. The key is to learn crypto basics. For example, although Bitcoin and Ethereum remain the two most popular and highest market cap cryptocurrencies, other cryptos, like Litecoin, bitcoin cash, and ripple (XRP), have become ultra popular.

Honestly, I don't see any relation in understanding how blockchain works when you're mostly going to do is to bet.

Your winning strategies won't have any value whether you know how blockchain works or not. But I get the sense of it through depositing altcoins, making some wallets, and how to do transfers.

But if your main topic is all about developing winning strategies, I just can't connect how it is going to give you the upper hand with your bets and increase your chance of winning.

[Natsuu]

Get to know how blockchain’s work, why cryptocurrencies are here to stay, and how you can employ cryptos in your sports betting and/or casino gaming. The key is to learn crypto basics.

Honestly, I don't see any relation in understanding how blockchain works when you're mostly going to do is to bet.

I think what is being pointed out in here is the transitioning of most people from using USD to using cryptocurrency for betting. Because for most part, people are not trying to this because they've thought that there's too many transactions and conversion should happen first before playing. Unlike for USD that you just need to deposit. That for beginners that have zero knowledge with crypto, it's too much resistance for them because there's a lot to  explore and study.

Because really, if you want to be part of betting in crypto. You need first to truly understand at least how crypto currency works.

[bittraffic]

Get to know how blockchain’s work, why cryptocurrencies are here to stay, and how you can employ cryptos in your sports betting and/or casino gaming. The key is to learn crypto basics.

Honestly, I don't see any relation in understanding how blockchain works when you're mostly going to do is to bet.

I think what is being pointed out in here is the transitioning of most people from using USD to using cryptocurrency for betting. Because for most part, people are not trying to this because they've thought that there's too many transactions and conversion should happen first before playing. Unlike for USD that you just need to deposit. That for beginners that have zero knowledge with crypto, it's too much resistance for them because there's a lot to  explore and study.

Because really, if you want to be part of betting in crypto. You need first to truly understand at least how crypto currency works.

I have the same view as jossiel, it feels like there is no relation to knowing how blockchain works. You can even just go to the fiat-based casino and apply the betting strategy you have developed.

But there have been lots of strategies provided online some work for a time being and suddenly the betting platforms are going to make that strategy useless when they see it's working on particular games. What works is to just keep jumping to another casino and try the strategy once again.

[Oshosondy]

I am not expecting a betting site to be posting about winning betting strategies. I read the post and it was ridiculous. There is no betting winning strategies there. It is only about how to deposit coins and gamble with mBTC.

There is no winning strategies in gambling. It is better you see gambling as entertaining activities than to see it as a way of making money. Gambling sites is more having chance to make money from you and other users.

[Kakmakr]

I am not expecting a betting site to be posting about winning betting strategies. I read the post and it was ridiculous. There is no betting winning strategies there. It is only about how to deposit coins and gamble with mBTC.

There is no winning strategies in gambling. It is better you see gambling as entertaining activities than to see it as a way of making money. Gambling sites is more having chance to make money from you and other users.

A lot of these sites just create content that can be "clickbait" for people to access and then for them to advertise their site.

So they will post something like this and when people Google gambling strategies, they end up on their gambling site or their gambling forum.

It is just a advertising and marketing strategy.

[Davidvictorson]

Honestly, I don't see any relation in understanding how blockchain works when you're mostly going to do is to bet.

If you are betting in an online cryptocurrency website, you should know the basics of how Blockchain works. When there are high transaction fees, through your knowledge of the Blockchain you will already understand what happened and and to take the appropriate action. And one of such is the use of an altcoin for funding your wallet rather than Bitcoin to save yourself from high fees. You will understand when what happens when there is a delay in your funds reaching your wallet.

[arwin100]

I am not expecting a betting site to be posting about winning betting strategies. I read the post and it was ridiculous. There is no betting winning strategies there. It is only about how to deposit coins and gamble with mBTC.

There is no winning strategies in gambling. It is better you see gambling as entertaining activities than to see it as a way of making money. Gambling sites is more having chance to make money from you and other users.

A lot of these sites just create content that can be "clickbait" for people to access and then for them to advertise their site.

So they will post something like this and when people Google gambling strategies, they end up on their gambling site or their gambling forum.

It is just a advertising and marketing strategy.

Expect this thing to happen since somehow this can highlight their casino especially if there's a lot of guys seeking some information about what possible strategy they could able to use on their gambling session and its instant advertisement if there article will be seen which attached their casino link inside of it.

But I see anything wrong with this methods since somehow this is smart actions from their end. There maybe wrong with these actions they do if we can see that they are over exaggerating things just to make people get interested to try out those strategies they are pointing out and go to their casino to gamble.

[_act_]

If you are betting in an online cryptocurrency website, you should know the basics of how Blockchain works. When there are high transaction fees, through your knowledge of the Blockchain you will already understand what happened and and to take the appropriate action. And one of such is the use of an altcoin for funding your wallet rather than Bitcoin to save yourself from high fees. You will understand when what happens when there is a delay in your funds reaching your wallet.

This is right but it will be good if more gambling sites can support lightning network. Bitcoin lightning payment is cheap and fast. I have wanted to use lightning network on many gambling sites but I was unable because only very few are supporting lightning network as of now. Altcoins are still what can be used for fast and cheap transactions. Some people will prefer stable coins as they are pegged to dollar price.

[usekevin]

I think what is being pointed out in here is the transitioning of most people from using USD to using cryptocurrency for betting. Because for most part, people are not trying to this because they've thought that there's too many transactions and conversion should happen first before playing. Unlike for USD that you just need to deposit. That for beginners that have zero knowledge with crypto, it's too much resistance for them because there's a lot to  explore and study.

Because really, if you want to be part of betting in crypto. You need first to truly understand at least how crypto currency works.

The crypto community had a knowledge in the crypto currency,the new people who start to use of the cryptocurrency based betting should learn the transaction procedure.It’s modern era,So everything available in the YouTube.The only thing needed was the willingness towards the new technology,many people had earned huge money in between 2017-2024 in the cryptocurrency.The usage of cryptocurrency in the gambling increased the visibility of the gambling site towards the cryptocurrency community.Most of the cryptocurrency trader use to hold their cryptocurrency till the market pump,but this cryptocurrency betting help the trader to multiple their holding.

This is right but it will be good if more gambling sites can support lightning network. Bitcoin lightning payment is cheap and fast. I have wanted to use lightning network on many gambling sites but I was unable because only very few are supporting lightning network as of now. Altcoins are still what can be used for fast and cheap transactions. Some people will prefer stable coins as they are pegged to dollar price.

The gambler can use the less transaction fee based cryptocurrency to avoid of the transaction fee problem.The transaction fee for Tron is just 1trx,the cryptocurrency betting allow the most of the cryptocurrency for the betting.But why the trader want to use the bitcoin alone to make transaction to the gambling site.

[swogerino]

As crypto betting becomes more and more popular, professional and casual sports bettors must rise with the tide. Doing so means we must tweak how we implement both our casino gaming and sports betting strategies.

In this blog, we cover what we must do to transition from traditional fiat currency sports betting to crypto betting. Check out the four things that will help you create a crypto betting strategy and lead to profit.

How to Develop a Winning Crypto Betting Strategy
Understand Crypto Betting Basics
This is an absolute must. If we decide we’re going to start betting on NASCAR or PGA golf, the first thing we do is study NASCAR and the PGA. The same applies to crypto betting.

Get to know how blockchain’s work, why cryptocurrencies are here to stay, and how you can employ cryptos in your sports betting and/or casino gaming. The key is to learn crypto basics. For example, although Bitcoin and Ethereum remain the two most popular and highest market cap cryptocurrencies, other cryptos, like Litecoin, bitcoin cash, and ripple (XRP), have become ultra popular.

Know the cryptocurrencies you can use to fund your sports betting accounts. Also, get to know Ethereum, Bitcoin, etc. so that you can make rationale decisions. Maybe, as an example, you want to keep your bitcoin, which means you should purchase Litecoin, or some other crypto, and fund your betting account with LTC. Don’t forget that for most cryptos there is a utilization and investment aspect.

Develop a Strategic Betting Approach
As with all betting, you must develop a specific strategy. Remember that even if you fund your betting account with LTC, XRP, BTC, or ETH, each bet you make will be in mBTC, which is 1/100th of a Bitcoin.

Make sure to have your conversion site ready. You will want to convert the amount of money you wish to bet on each game from U.S. dollars to mBTC. This allows you to never bet too much, or too little, on each play.

Effective Bankroll Management is Key
When it comes to crypto, because we’re betting in mBTC, it’s important to know how much we’re betting. Creating a unit size is more difficult because we must convert our dollars to mBTC before making a bet.

However, the difficulty of doing this balances out because mBTC, and all cryptos, also serve an investment purpose, meaning we not only manage our bankroll to profit from our sports betting, but, when we get good at it, we can manage our crypto betting bankrolls to increase by just remaining as crypto.

The investment and utilization aspects of cryptocurrencies allows us to increase our bankrolls by simply keeping our money in cryptos and not dollars.

Read more→ https://nitrobetting.eu/guides/developing-winning-crypto-betting-strategies/

These strategies are good for not rushing,knowing what you are doing and having a focus on management bankroll yet these do not lead to winning strategies as there are no winning strategies known in gambling as if there were some then it means that gambling houses would be in decline and not in the increase.Of course these guidelines can help a lot to not addicted and to be more careful than usual yet for winning always luck is needed.

[AB de Royse777]

A lot of these sites just create content that can be "clickbait" for people to access and then for them to advertise their site.

In the second paragraph of the OP you will see he is talking about the blog post :-D
Obviously he wanted some traffic for the blog and posted the topic. I do not see any intention for him to engage and sharing idea in the topic.

[Ojinga]

Crypto betting strategies, is you knowing and practicing more about crypto currency betting website. You can't just wake up in the morning and start developing strategies by yourself, first you have to understand how Blockchain works. I don't think there's a winner strategies in crypto betting.

 It's also a gamble so I don't think developing winning it's necessary here. First how does crypto betting works? The bettors deposit their chosen cryptocurrency into the sportsbook wallet. Converting their digital assets into bets on various esports events. The betting process online gambling but the added efficiency privacy of cryptocurrency betting sites.

The thing is that crypto betting isn't like normal gambling which people do enter today and predicte a game, in cryptocurrency betting sites you've to convert your coins and gamble with mBTC before starting, and knowing how it's works. For me there's no winning strategies when it comes to crypto betting everything is all about accurate risks.

Same as gambling no matter how you develope strategies in gambling you'll still lose if the game it's meant to lose because is a game of luck and risk so there's no difference with crypto betting. For me I just tried it one day before I prefer it more than normal gambling sites.

And with crypto betting there's a lot of procedures before starting with them, first you've to find way and transat your USD to coins before betting. The crypto betting platform development operates just like a basic betting platform. This allows access to different betting markets and events where punters are.

The rise of crypto gambling is also driving community development by teaching people about digital technology and encouraging local technology to know how it's works. So with all this I advise that if we go more deep into this it going to lead into something later.

[angrybirdy]

I am not expecting a betting site to be posting about winning betting strategies. I read the post and it was ridiculous. There is no betting winning strategies there. It is only about how to deposit coins and gamble with mBTC.

There is no winning strategies in gambling. It is better you see gambling as entertaining activities than to see it as a way of making money. Gambling sites is more having chance to make money from you and other users.

A lot of these sites just create content that can be "clickbait" for people to access and then for them to advertise their site.

So they will post something like this and when people Google gambling strategies, they end up on their gambling site or their gambling forum.

It is just a advertising and marketing strategy.

Expect this thing to happen since somehow this can highlight their casino especially if there's a lot of guys seeking some information about what possible strategy they could able to use on their gambling session and its instant advertisement if there article will be seen which attached their casino link inside of it.

But I see anything wrong with this methods since somehow this is smart actions from their end. There maybe wrong with these actions they do if we can see that they are over exaggerating things just to make people get interested to try out those strategies they are pointing out and go to their casino to gamble.

Same sentiments with yours, This kind of advertisement strategy will surely caught a lot of people's attention since majority of us is always seeking for gambling strategy on how to win and as a gambler, even if I doubt sometimes, I will fall for this clickbait haha! But I hope they can at least give a proper strategy to the casino sites they are promoting so that it becomes even more popular and many people try their sites, especially the gamblers will really find a way to win, but for me, I no longer believe in gambling strategies, I can even believe that gambling is all about luck.

[Gozie51]

Op is just about traffic generation and nothing more. What he has said are all familiar information and not strategic to win a bet. Of course gamblers do checks on the best coin they want to use including fees that is charged and I don't see anyway that will pass as strategy for winning a bet. If you want to win a bet then you have to gamble reasonably and don't focus all on it.

[Wapfika]

Develop a Strategic Betting Approach
As with all betting, you must develop a specific strategy. Remember that even if you fund your betting account with LTC, XRP, BTC, or ETH, each bet you make will be in mBTC, which is 1/100th of a Bitcoin.

Make sure to have your conversion site ready. You will want to convert the amount of money you wish to bet on each game from U.S. dollars to mBTC. This allows you to never bet too much, or too little, on each play.

This is not true. Maybe on your casino but most the casino sportsbook that I use usually use the currency set as default on account on sportsbook when placing bets while some casino automatically convert all currency to USD.

mbtc is now very rare to use by the casino as standard currency for betting since gambler preferred an amount in fiat currency rather than mbtc that has a very volatile valueshich is very hard for conversion purposes when betting.

[Alphakilo]

Same sentiments with yours, This kind of advertisement strategy will surely caught a lot of people's attention since majority of us is always seeking for gambling strategy on how to win and as a gambler, even if I doubt sometimes, I will fall for this clickbait haha! But I hope they can at least give a proper strategy to the casino sites they are promoting so that it becomes even more popular and many people try their sites, especially the gamblers will really find a way to win, but for me, I no longer believe in gambling strategies, I can even believe that gambling is all about luck.

These are already strategies that we know of.

There's almost topic created here that these strategies are not highlighted. Still, all the gambling strategies are inexhaustive. I expected to see something on gambling psychology which is almost similar to trading psychology.

I think that overtime, our gambling strategies changes to suit our personalities and gambling patterns. They do not remain rigid. We also develop our our strategies too as we become more experienced gamblers.

[irhact]

It think it's not about being professional in sports betting, I an individual doesn't have a good understanding about cryptocurrency then I don't think they'll be able to follow the trend, nobody should be misled by the term follow the trend when you've got no idea about the trend you're going into therefore the best way to go about this, is to know the trend understand it before going into it.

 A professional gambler who has a good understanding about cryptocurrency and how it operates would still excel in an online crypto casinos, cause they'll know the preferred coins to bet with and be able to calculate the value in fiat currency so as not to bet recklessly or spend excessively on the cryptocurrency. That's why I stated that a proper understanding should be there before someone switches from normal betting to crypto casino betting.

[Jawhead999]

Maybe, as an example, you want to keep your bitcoin, which means you should purchase Litecoin, or some other crypto, and fund your betting account with LTC. Don’t forget that for most cryptos there is a utilization and investment aspect.

As with all betting, you must develop a specific strategy. Remember that even if you fund your betting account with LTC, XRP, BTC, or ETH, each bet you make will be in mBTC, which is 1/100th of a Bitcoin.

Why I feel like you're shilling for LTC? first you suggest Litecoin for people who don't want to gamble using Bitcoin and the second line you mention LTC as the first coin instead of BTC. Not every casinos will show the balance in mBTC though, other show in denomination or USD.

mbtc is now very rare to use by the casino as standard currency for betting since gambler preferred an amount in fiat currency rather than mbtc that has a very volatile valueshich is very hard for conversion purposes when betting.

Yep, not many people familiar with mBTC including me, if I had a choice to change it, I will show in denomination instead.

[Yatsan]

Get to know how blockchain’s work, why cryptocurrencies are here to stay, and how you can employ cryptos in your sports betting and/or casino gaming. The key is to learn crypto basics. For example, although Bitcoin and Ethereum remain the two most popular and highest market cap cryptocurrencies, other cryptos, like Litecoin, bitcoin cash, and ripple (XRP), have become ultra popular.

Honestly, I don't see any relation in understanding how blockchain works when you're mostly going to do is to bet.

Your winning strategies won't have any value whether you know how blockchain works or not. But I get the sense of it through depositing altcoins, making some wallets, and how to do transfers.

But if your main topic is all about developing winning strategies, I just can't connect how it is going to give you the upper hand with your bets and increase your chance of winning.

There's just no such thing as strategies to increase your chance of winning in gambling, to most of the games. You could only lessen the risk of losing an amount of money that could hurt your bankroll. Well in some games, analysis and player statistics would help you to create a guess on which team or fighter is more likely to win however, nothing will be guaranteed. Same goes with card counting but things will still rely on your luck to recieve desired card sets. That's just how gambling works; you will be taking the risk to make your money bigger in exchange for a consequences of losing your bet if you'd be failing to win. Many people are so focused with ways to secure a win despite of the fact that it'll never exist, than to just limit oneself to bet that much.