- Stake.com: Best Overall BNB Sports Betting Provider
- BC.Game: Top Sportsbook with Multiple International Markets
- TrustDice: BNB Top Bookie with the Best Customer Care
- Bitsler: Top Binance Coin Operator for Mobile Sports Betting
- BetFury: Best BNB Sports Betting Site for Metamask Users
- Thunderpick: Best Table Tennis BNB Betting Site
- Sportsbet.io: Top Betting Operator with International Sports Sponsorships
- Crashino: Best Binance Coin Bookie for Tracking Bets
1. Stake.com – Best Overall BNB Sports Betting Site
Stake.com is a reputable operator among crypto sports betting enthusiasts. It has proven itself worth it by offering players a safe and reliable wagering environment. The operator provides a remarkable book with hundreds of sports, including soccer, golf, table tennis, basketball, handball, ice hockey, and table tennis. Apart from BNB, users can also stake using seven other coins, such as BTC, TRX, XRP, and ETH. The site is one of the safest, with a valid Curacao license, SSL encryption, and a 2FA additional security layer. There is no welcome bonus on the platform. However, we negotiated an exclusive bonus for our users, and you can take advantage of it. Find more details in the next section. We were not asked to verify KYC during this review. However, that doesn’t mean the operator will never ask you for them. The terms and conditions state that the company continually monitors players and allocates them different risk profiles. It may also watch if your name appears in the international list of terrorists or money launderers. To effectively do so, users may be requested for proof of their identity and addresses whenever necessary. The company also has a strict anti-money laundering policy that discourages coin-mixing. That means players are encouraged to find and make withdrawals using the same payment method.
|Other Cryptos Available
|dappGambl exclusive $1,000
|BTC, ETH, TRX, USDT, and USDC
Pros & Cons
- Superb customer care
- Website highly secure
- Attractive betting odds
- Multiple crypto support
- No welcome bonus on the website
- Strict KYC policies
2. BC.Game – Top Sportsbook with Multiple International Markets
BC.Game is another operator highly regarded by the BNB betting community. It was founded the same year as Stake.com and enjoys a similar expert rating of 4.9/5. One thing that comes out clearly when you open the website is its commitment to offering users an unrivalled experience. We counted more than 30 sports, each offering the best international leagues—no wonder the site has a strong global user base. For example, soccer lovers can choose a league in different parts of the world, including the Premier League in London, the Saudi Pro League in Saudi Arabia, Botola in Moroccan, the Scottish Cup in Scotland, or La Liga in Spain. Basketball lovers also have a whole menu of options without leaving out the most popular ones, like NBA, EuroCup, and Super League. The operator offers a great welcome bonus up to a value of $200,000. However, it will only benefit you if you enjoy playing games like Blackjack and Roulette. You will hardly be required to provide KYC documents at sign-up. However, BC.Game reserves the right to do so at any time.
|Other Cryptos Available
|220,000 USDT for casino only
|BCH, BTC, EOS, ETH, LTC, USDT, TRX, USDC, XRP, ADA, SOL, DOT, DOGE, and MATIC
Pros & Cons
- Huge welcome bonus
- Diversified games book
- High reputation
- Low minimum deposit
- Welcome bonus only applies to casino
3. TrustDice – BNB Top Bookie with the Best Customer Care
TrustDice is our third-best Binance Coin site for betting. Like its predecessors, it offers a highly secure and user-friendly gaming environment. The interface is simple and well organized to allow you easily navigate as you search for your favorite sports. You can filter games by country, league, or type. You may also check the “Live Matches” section for ongoing matches. NHL, NFL, and NBA are the most subscribed leagues, followed by League 1, Bundesliga, and Premier League. Everything from signing up to gameplay was smooth during this review. It only took about three minutes to get an account, as we were only asked to provide a username, email address, and password. Customer care was easily reachable through the live chat function, with an average response time of under two minutes. There is no question when it comes to reputation. TrustDice enjoys a dappGambl rating of 4.9/5, meaning it excels in all key areas, such as trustworthiness, fairness, bonuses, odds, quality of sports, and general user experience. We checked for user reviews and can gladly report that this site has a TrustPilot rating of 4.6/5, meaning users find it reliable and safe. We did not find any info suggesting that players may be requested for KYC documents at any time as they use the site.
|Other Cryptos Available
|Up to 30,000 USDT
|BTC, ETH, LTC, XRP, TRX, BCH, and EOS
Pros & Cons
- Well-organized website
- Highly user friendly
- Low minimum deposit
- Multiple cryptos supported
- Max withdrawal capped at only $30,000
4. Bitsler – Top Binance Coin Operator for Mobile Sports Betting
Bitsler is a 2015 launched sportsbook operated by OYINE N.V. Players love it for its attractive VIP program and vast game selection. Sports bettors, on the other hand, are attracted mainly by Bitsler’s mix of all kinds of sports, ranging from classic games such as soccer, baseball, and basketball to less celebrated ones like archery, diving, and sailing. The most staked league on the site is NBA, followed by Premier League, UEFA Champions League, and UEFA Europa League. You can also enjoy multiple esports, including ESL Pro League, CCT South Europe, and CCT South America. The most popular esports event is Lima Major 2023, followed by LCK CL Spring 2023. In terms of safety, we found Bitsler higher secure and more reliable. It has an SSL certificate meaning all data is encrypted during communication. It’s also a pure crypto website, supporting over 25 virtual coins. Users can enjoy betting via P.C. or the Bitsler mobile app.
|Other Cryptos Available
|BTC, ETH, XRP, LTC, USDT, DOGE, BUSD, ADA, ETC, BCH, ZEC, DGB, EOS, XLM, TRX, and DASH
Pros & Cons
- Long-standing reputation
- Licensed and trustworthy
- Multiple crypto options
- No crypto welcome bonus
5. BetFury – Best BNB Sports Betting Site for Metamask Users
BetFury curves its place as a top BNB betting site by offering a wide selection of sports, multiple crypto betting currencies, and a VIP program for all. Apart from BNB, it accepts over twenty coins and tokens, such as BTC, ETH, CAKE, DOGE, DAI, WIN, XLM, XRP, and AAVE. It has a default dark background, with the upper side displaying live and upcoming matches. The left side has a panel you can use to find your favorite sport. Unfortunately, it doesn’t arrange games alphabetically, meaning you must scroll through until you find what you want. Popular leagues and wagering options such as FIFA, NBA, Premier League, and UEFA are all available. Metamask users can immediately start betting on this platform as the two are integrated. Conversely, the website loading time is relatively slow compared to competitors like TrustDice, and Stake. Apart from that, it is safe to use. In compliance with AML policies, the operator may request KYC documents at its discretion.
|Other Cryptos Available
|No Crypto Bonus
|BTC, BFG, 1INCH, AAVE, ADA, AIRT, AXAX, BABY, BANANA, BAT, BCH, BNB, BSW, CHZ, COMP, DAI, DASH, ENJ, ETC, ETH, FTM, GLM, ONT, PORTO, REEF, SHIB, SNX, USDT, YFI, ZIL, ZRX, SOL, STORJ, SUSHI, TRX, UMA, UNI, USDC, WIN, XLM, XRP, MATIC, MKR, OMG, LINK, CAKE, BUSD, BTT (Old), BTT (New),
Pros & Cons
- Instant payouts
- Highly intuitive
- Multiple promos and offers
- Low minimum deposit
- Unclear information about owners
6. Thunderpick – Best Table Tennis BNB Betting Site
Thunderpick is our number sixth-best Binance Coin sports betting platform. It has a dappGambl expert rating of 41./5 and a TrustPilot rating of 3.4/5. Most user reviews praise the site for fast withdrawals, random offers, and promo safety. We found a few disgruntled users complaining about their accounts being frozen, but upon follow-up, we established that they were mainly playing from restricted zones. This may happen to you, too, if you wager on any operator from a banned country. Most platforms prefer to focus more on soccer and basketball. Thunderpick is different. It offers the best table tennis odds, with over 200 games at any one point. If this is not your favorite sport, there is still a wide selection of other categories, including soccer, basketball, darts, hockey, and baseball. Thunderpick has a VIP program with unique benefits such as higher betting limits, zero fees on all your deposit and withdrawals, and more personalized gifts. You also get a personal account manager to meet your needs fully.
|Other Cryptos Available
|Up to $500 worth
|1 USDT/20 USDT
Pros & Cons
- Instant payouts
- Highly intuitive
- Multiple promos and offers
- Low minimum deposit
- Unclear information about owners
7. Sportsbet.io – Top Betting Operator with International Sports Sponsorships
Sportsbet.io also made it top of our list of the best BNB sites betting sites. The 2016 launched platform strives to provide every player with a safe and reliable wagering environment. It lists a well-balanced mix of all top games, including soccer, baseball, handball, basketball, tennis, rugby, racing, cricket, golf, and darts. It partners with São Paulo, Arsenal FC, and Southampton FC as official sponsors. Apart from regular bonuses and promos, the operator allows you to wager for free. Simply opt into the Bet Free-6-6 and start wagering with zero deposit. What’s more, you stand a chance to win 100,000 USDT if you predict six correct scores. There is also a 1,000 USDT guaranteed prize for reaching the top five. The bookie is safe, with an expert rating of 4.1/5. The entire website, including the payment page, is secured by a 256-bit SSL encryption meaning your data is safe.
|Other Cryptos Available
|BTC, USDT, ETH, ADA, LTC, XRP, TRX, DOGE, BNC, BRL, and XDG
Pros & Cons
- Highly rated
- Attractive rewards
- Good customer support
- User friendly
- Withdrawals might delay
- No VIP program
8. Crashino – Best Binance Coin Bookie for Tracking Bets
Crashino is an excellent sports betting platform where you can wager with BNB seamlessly. The interface is highly intuitive, making it easy to use even for first-timers. During sign-up, you are only required to provide a username and password. You will also be requested to select a reference fiat currency for your crypto. This is a unique feature to help you account for your bets and winnings quickly. Instead of calculating your bet amounts in crypto, which would be cumbersome, you can specify the fiat equivalent. On logging in, you will find four tabs names; live betting, sports betting, esports betting, and virtual sports. This broad mix of betting options is among the factors that earned the operator a top spot on your list. The live betting section displays all ongoing games. The sports section opens you up to hundreds of game options and over 60 boosted odds. Soccer has the wealthiest selection, with over 160 games at any time, followed by Volleyball and Basketball. Unfortunately, the platform doesn’t offer a crypto welcome bonus. However, there was a 100% multi-bonus and a risk-free premier league bet offer when writing this review. We noted that the operator has no license.
|Crypto Welcome Bonus
|Other Cryptos Available
|No crypto welcome bonus
|BTC, ETH, LTC, DOGE, SHIB, USDT, BCH, BNB, DAI, SOL, TRX, USDC
Pros & Cons
- Supports multiple coins
- Low minimum deposit
- Highly secure
- New and inexperienced operator
Binance coin was issued as a utility token by the famous Binance platform. It was a native Ethereum network and ERC standard token launched in 2017 before being moved to the Binance Smart Chain (BSC) in 2020. An ICO accompanied the launch at an initial price of $0,15, raising $15 million. It was established with a maximum supply of 200 million coins. Binance buys back a percentage of coins and burns them to keep the value firm. This reduces the coin supply in relation to demand, consequently increasing the price. With Binance Chain, holders of the ERC20 token swapped it for BNB. The chain has now grown into one of the world’s largest smart contract platforms, having processed over 3 billion transactions from at least 163 million unique addresses. The blockchain hosts a league of meme coins, including BabyDoge, RichQuack, Safemoon, and Kiba Inu. As of writing this, the coin was priced at $293, with a market cap exceeding $45 billion. It previously recorded a high of $649 on 12th November 2021.
Binance Coin gained popularity quickly since it had the support of a crypto powerhouse. Many crypto enthusiasts rapidly bought it, anticipating huge price gains. Gamblers would definitely not be left out. As soon as BNB was issued on the Binance Smart Chain, its value more than doubled, attracting interest from all types of investors. Sportsbooks soon started incorporating it as an accepted account funding method as players started demanding to use it. Today, it has become almost as popular as BTC and ETH in the betting industry. You will hardly find a crypto operator that doesn’t support it. The coin is readily available from most major exchanges, so
anyone can buy it for gambling.
The popularity of crypto betting is steady, but some people may need help understanding what is causing all the excitement. There are many reasons why anyone would prefer to wager with digital coins over fiat. Here are the top ones.
Digital coins give you financial privacy as you don’t have to open a traditional bank account to use them. Although virtual currency wallets have a blockchain identifier, your public key, it doesn’t contain personal information that links back to you. So, all transactions remain pseudonymous.
You can bet with crypto from any part of the world without restrictions. With an internet connection and browser access through a phone and PC, you can purchase digital currencies and start wagering. So even the previously unbanked in countries facing international financial sanctions can now enjoy betting on their favorite site with cryptocurrencies.
Sending money locally via ACH would take about 24 hours. International payments take even longer, with transaction periods ranging between three and five days on average. Wagering with digital currencies allows you to experience same-day settlement. Although crypto speed can be slower during periods of high network congestion, payments still get processed within a few minutes or hours, depending on the network in question.
Unlike fiat, where money has to go through government-controlled banks when you make or receive a payment, digital coin transactions are person-to-person. The lack of a middleman means your funds get settled faster and affordably. It also guarantees users’ safety from external interferences such as government censorship.
Betting with digital money generally costs lower than using fiat. Wire transfer changes for $500 transactions cost about $45, while card payments such as Visa and Mastercard would incur about $15 to $20 per round. A person making a similar transaction with virtual coins, such as BNB, would not spend more than 1% of the amount in question. Depending on the network status, the gas fee could be as low as $3.
Virtual money bookies offer higher bonuses than what you will fiat on their fiat competitors. Rewards as high as 5 BTC, which translates to about $20,000+ depending on the price, are common. For example, BC.Game accepts both fiat and cryptocurrencies. It welcomes new players with a $20,000 bonus in fiat. However, when using digital coins, one is eligible for up to 220,000 BCD, which equals about $220,000. The trend cuts across the industry.
High Deposit and Withdrawal Limits
Most traditional fiat sports betting companies issue low transaction limits that do not favor high rollers. In most cases, they will keep asking for documents whenever you make a big payment, even though you have already verified your KYC. This is rare in the crypto sector. Digital coins offer a decentralized and unlimited payment network. You might still need to submit KYC details in some cases, but it is mostly to promote responsible gambling by ensuring you are not underage. Over 90% of virtual currency bookies allow uncapped deposits and withdrawals. A few have limits, but they are still higher than their fiat counterparts.
Virtual coins come with blockchain-based games such as provably fair titles that are 100% transparent. The level of competition in the digital money betting sector also advances innovation as each provider strives to gain an edge in the market. This has led to better-designed websites with modern features. As a result, gamblers can now enjoy finer gameplay, improved customer care, and a generally superior wagering experience with the latest form of currency.
Lack of Regulation
While virtual currencies are decentralized, regulation is needed to protect customers and ensure the market is safe and fair for everyone. Since crypto is uncontrolled, gamblers sometimes find themselves in the hands of unscrupulous people who end up scamming them.
Many people regard Bitcoin’s immutability as a feature that improves security, but it is also a risk. Once made, a cryptocurrency payment cannot be reversed. As a result, criminals can easily steal your money if they gain access to your private key and cash it out. It also means that if you send funds to the wrong address, you may have to forget about them.
Crypto Price Volatility
Digital currency prices can bounce up and down in an unpredictable fashion. Sometimes there will be sharp price swings from a high to a low price chopping off the value of a coin significantly. This could affect your capital or even winnings and leave you with a massive loss if you were using such crypto to wager
Now that you know about the pros and cons of crypto, here are the primary factors every gambler should consider while selecting a BNB sports book.
Secure Crypto Payments
User security is critical in every online activity. Domains like betting attract high fraud rates as they are known to handle huge sums of cash. You want to ensure the operator you are going for has robust features to guarantee that your payments will always be safe. An SSL certificate is a must-have. Other features, such as wallet address whitelisting, should be a plus.
While blockchain networks process funds speedily, some operators may delay completing payment on their side for various reasons, such as a slow manual verification process. However, digital coins are decentralized and immutable. A distributed network of independent nodes already secures them. So, a bookie doesn’t have to delay your transactions. In addition to that, a reliable operator should be able to leverage technology and establish automated payment processing systems for instant transactions.
VIP Programs, Bonuses, and Promos
Most top sites offer players bonuses upon sign-ups and continue rewarding them with various offers once they become regular members. VIP programs, on the other hand, are meant for high rollers and gamers who prove loyalty by betting regularly. Never underestimate the power of these perks if you want to have the best experience at a BNB bookie. They will always give you an extended lifeline and chance for recovery during your losing streaks. Wagering bonuses and promo cash also allow you to risk more and take home more significant winnings.
All legit BNB sports books operate under specific regulations that define their scope of operation. You can always find this information by reading the terms and conditions of a bookmarker. If your country is not on the restricted list, you can comfortably place your bets on that site. Of course, digital coins may give you the freedom to wager even on banned sites. On the other hand, if a gambling site catches you betting from a restricted area, it may freeze your payments permanently.
Low Crypto Transaction Fees
You always want to keep your costs low when gambling. Remember, you may also make some losses which could reduce your funds. The most common fees are deposit and withdrawal fees. Go for affordable sites to preserve enough capital for your bets. Withdrawal costs should also be minimal. Top providers like Stake.com offer free deposits when gambling with BNB.
Equitable Deposit & Withdrawal Limits
The minimum and maximum transaction limits for any bookmarker are important. Some companies have high minimums, exposing you to the risk of massive losses, especially if you are just starting out. On the other hand, you might come across a platform that allows a low minimum deposit but requires you to accumulate massive winnings before you can withdraw. This is a strategy used by companies who want you to keep funding your account in the hopes of losing money to the house. Similarly, you should be able to withdraw large sums at once. When you win big, having a high maximum withdrawal limit will come in handy.
Diverse Selection of Crypto Betting Markets
The diversity of crypto betting markets on a sports betting site shows the willingness of an operator to give players the best experience. Avoid sites that have a narrow sportsbook unless you have special reasons. The more events a bookie has, the better your chances of diversifying risk and winning. The best BNB sports betting companies also understand that players’ preferences and mastery of markets vary. So, they do their best to offer a diversified portfolio.
Reputation and Trust
Avoid all sites with sketchy reputations if you want to gamble online safely. Reputation is earned from past and current bettors and reflects the bookmaker’s quality of services. Apart from reading customer reviews, always find out what experts like dappGambl think about different operators by reading their reviews. Stick to platforms that are fully licensed and regulated in well-known jurisdictions. For example, most BNB sports betting sites might be regulated in Malta or Curacao.
Sports, Lines, and Odds Available
Another key factor to check is the sports, lines and odds available. Diversity is what will give you the best betting experience. You also want to be able to spread out your bets to lower risks and increase your chances of winning. A good operator should offer sports from across different regions, including major and less significant leagues. If you are looking for specific depths of lines and odds, it’s important to take time and find operators that will give you just that. Remember sports lines play a big role in your gameplay, as well as wins and losses.
Good Betting Features & Resources
The betting features in the bookie you choose will greatly influence your general user experience. While selecting a betting site, prioritize a platform that offers the best functionalities, such as early cash outs, where you can settle a bet before the match ends, and instant bets.
BNB sports betting sites commonly pay clients faster than their fiat counterparts. Most winnings are credited into your account immediately, and you can cash out whenever you want. With an average funds transfer speed of only five minutes, clients can bet, win, and spend their money on the same day. Even with network congestion, clearing funds will hardly take more than ten minutes.
BNB is one of the best options for gamblers keen on privacy. Unlike gambling with fiat, you don’t need a bank account to bet with this coin. Your crypto wallet only uses a public key identifier that doesn’t hold personal information. So, all your betting is anonymous.
Better Betting Odds
As competition rises among Binance sports books, operators are using different strategies to attract customers including offering better odds. The huge savings these sites make through crypto operations, enable them to offer bigger odds than their traditional fiat counterparts.
Crypto betting is widely considered legal. While digital coins are hardly mentioned in the law, you can enjoy betting with virtual currencies as long as online wagering is allowed. In countries like the US, most states outlaw any form of gambling, but there are no legal restrictions on offshore gaming or digital coins at a federal level. So, gamblers often use this legal gray area to wager on crypto offshore operators. The legality of crypto betting may vary across different counties. Therefore, consult with a legal person to confirm that gambling or using digital currencies is not illegal in your region. Even though you may be legally eligible to wager, don’t forget to stick to only legally licensed platforms.
The working mechanism of Binance Coin bets is highly similar to using fiat. You need to create an account with a regulated sportsbook, sign up for a crypto wallet, and buy BNB to get started. The main difference between this betting and the traditional one is that you will use BNB instead of a fiat currency. Of course, digital coins come with advantages. Players might have better odds, attractive bonuses, and faster payouts. However, the type of odds, the procedures for betting, and even the sports remain the same. Since the value of virtual coins keeps fluctuating, you may experience a gain or loss in the value of your cash. You can stake your crypto winnings in an advanced sportsbook and generate passive income. That is not possible when using fiat.
Before you can begin betting, you must first purchase virtual money from a reputable crypto marketplace. When looking for a crypto exchange, consider important factors such as security. For secure payment processing, a good site should have an SSL-secured page. You also want to keep trading and withdrawal/sending fees to a minimum. The more payment methods an exchange accepts, the better for you. Don’t forget to also look into user-friendliness and the overall user experience of the exchange. If you are unsure where to begin, you can learn more about the top BNB marketplaces listed below and choose the one that best suits your needs.
Step 1: Choose a Site & Create an Account
You must first join a betting site by creating a user account and setting up a profile. This is usually a straightforward process. In most cases, you may simply need to provide your email and create a password. Some operators will also require you to select a primary transaction coin while signing up. In our case, that would be BNB. While choosing a sportsbook, remember to check if it is compatible with the coins you want to bet with.
Step 2: Deposit Crypto
Once you have your account set up, you can fund your betting account. By this time, you should have bought your Binance Coins and safely stored them in a wallet. Simply visit the operator’s payment page, hit the deposit button, find the “receiver’s address,” and paste it into your wallet. You may then specify the amount to deposit and complete the payment.
Step 3: Choose Sporting Market
Our top bookies come with hundreds to thousands of sports. Unless you already know what you want, we recommend taking some time to understand the different sports options and selecting the most appealing to you. Factors such as payouts may play a significant role in your decision.
Step 4: Place Sports Bet
Now it’s time to start wagering. Carefully consider the odds, decide how much you will stake, and place your sports bet. Your reward will depend on how much you risked. On the other hand, you may lose the entire risked amount if the bet goes against you. In that case, it pays to start betting using small amounts and increase your bet size after a few wins.
Keep an Eye on the Binance Coin Price
The BNB coin fluctuates every second, just like any other digital coin. It’s subject to high volatility, so it could easily go from overvalued to undervalued and vice versa in no time. Keeping an eye on the coin’s price will ensure you buy it at the lowest possible price.
Use your Knowledge of Esports & Sports Betting
Crypto sports betting may not be new to anyone who has wagered using fiat. Look for games you are already familiar with from the fiat betting world. You may want to focus on them until you have made a good return on your capital before you can start learning about new ones.
Check the Fees
Fees significantly affect how much capital you will start your betting career with and how much profit you will take home. The most common expenses will be deposit and withdrawal charges. A few companies may charge you something for every bet too. However, the best bookies allow their players to fund accounts for free. So although they may charge you to cash out, the amount will be insignificant.
Use a Reputable Betting Site
Reputation is everything in any online business. Only use a site properly licensed and recognized by the relevant bodies. Most BNB bookies might hold a Curacao or Malta gaming license. Also, read reviews to learn what other users say about the site. Avoid sports operators with suspicious reputations even if they offer attractive perks such as huge bonuses.
Choose the Preferable Binance Coin Wallet
Digital coins are compatible with specific wallets. If you bet with BNB, you need an appropriate crypto wallet that supports it. You may go beyond just storing your coins. These days, wallets come with many integrations to give users unique experiences. So ensure you are going for key features such as safety, ease of use, low transaction fees, free resources such as crypto education, and interoperability. You may consider TrustWallet, Ledger, and Trezor wallets.
Check your Local Laws
Some countries have strict regulations around gambling and crypto. Going against the law could land you a jail term, which is not what you are looking for. As much as you want to have fun, check with your local laws to ensure you are fully within the confines of your constitution.
Know the Risks Involved
Gambling is naturally risky in nature. Nothing guarantees your success, as everything is based on chance. It’s also a zero-sum game, where you either win or lose. So, it pays to understand all the dangers of betting with digital coins, including legal and volatility risks. With such knowledge, you may be able to plan your best effectively in a way that will see you have a long lifeline and higher chances of winning.
While various bookies offer similar sports markets and games, odds might differ significantly. Remember, you are in this for fun and money. So, the higher the odds, the better for you. Scrutinize your favorite operators and pick the one that offers you the highest chances of success.
Monitor your betting activities to find trends that may help improve your wager. Although betting is purely based on probabilities, some strategies work better than others. Track your bet size, sport, odds, and both winning and losses. Do this in an organized way, such as creating a detailed journal that you can always refer to.
Weighing the Advantages and Disadvantages
Binance and traditional betting share a huge number of similarities, as we already mentioned. What, then, sets BNB apart from fiat? Let’s weigh in on the pros and cons.
- Speed: Like any other digital coin, BNB wagering is super fast. Deposits and withdrawals are nearly instant, meaning you can sign up with new platforms and place your bets in minutes. This wouldn’t be possible with fiat methods such as wire transfers.
- Anonymity: This is one of the greatest merits of Binance Coin betting. Playing without fear of being profiled by your employers, lenders, or family members is critical. With BNB, you can bet without sharing your personal information with a financial institution like a bank. Even a sportsbook operator may not be able to properly identify its users in terms of real names, places of work, home addresses, and family members.
- Costs: Some fiat money transfer methods like Visa and MasterCard are fast enough. However, they come at huge costs that might reduce your funds significantly. In most cases, you might be charged anything from around 2.49% to 3.99% to make a payment. This is too high compared to BNB, whose gas fees revolve around 0.0007 to 0.0010 BNB, depending on the transaction. At an average coin price of $290, your highest fees might not go past 29 cents of a dollar.
- Volatility: BNB is subject to extreme fluctuations like any other cryptocurrency. The worth of your capital can plummet by as much as 50% or more due to sudden shifts in coin prices. Many people have lost their money in the past to such.
- Immutability: When discussing the security of virtual currencies, this function is typically regarded as advantageous. It becomes a disadvantage, however, when you send your funds to the wrong address or lose them to a cryptocurrency thief. Because the money sent is irreversible, you may suffer a permanent loss.
Binance Coin is just one of the many virtual coins you can wager. However, there are many other cryptocurrencies available too. Here are some of the top ones.
- Tether (USDT): Tether is a stablecoin that was created to operate with less volatility than regular virtual currencies. It derives its stability from the US dollar, where its value is pegged. Each USDT is backed by a US dollar, keeping its values at par. Because of that, low-risk gamblers find it appropriate for sports betting.
- Solana (SOL): SOL is the native currency of the Solana network. It functions similarly to the Ethereum blockchain, decentralized applications, and smart contracts platform. It’s, however, more rapid, with a capacity to handle up to 50,000 transactions every second. This makes it swifter than most digital coins and Visa and MasterCard, which only process 5000 and 24,000 transactions per second, respectively. SOL’s speed makes it great for betting.
- XRP (XRP): XRP is a unique virtual coin and platform created by technology firm Ripple in 2011 to facilitate instant transactions of any currency via blockchain. XRP is tailored to serve the traditional financial sector, unlike its counterparts, which are built to work independently of financial institutions. It works similarly to conventional RTGS but promises faster, cheaper, and more secure payments. Anyone can buy the XRP coin from a crypto exchange and use it to gamble.
- Cardano (ADA): ADA is the native of Cardano, an open-source, decentralized network operating with the proof-of-stake consensus mechanism. It was launched by Charles Hoskinson, Ethereum’s co-founder, after breaking away from ETH’s team. The network is split into the settlement and computational layers for increased transaction speeds and a generally improved user experience. If you are looking for a fast coin that is also likely to gain value in the future, consider ADA.
- USD Coin (USDC): Finally, you may bet using USDC coins. It’s a stablecoin like Tether and is also connected to the US dollar. What makes it unique is its high transparency. The company openly shares information to show sufficient USD backing for every USDC in circulation. This makes it more reputable and trusted. It’s also considered less risky than Tether, whose reserves are spread in multiple asset classes. USDC is the second largest stablecoin with a market cap of about $43 billion, after Tether, which boasts about $67 billion in total market value.
Betting is highly organized with different rules and conditions. The broad term for these rules is wagering requirements. It’s essential to understand them for a successful and pleasing gaming experience. In Binance Coin betting, the wagering requirement refers to the number of times you must play through bonus money before you can cash it out. Different operators set their wagering conditions. For example, a 40x wagering requirement would mean you should play through your bonus amount 40 times within a specific period. That time limit is also called a bonus term. It could be 7 days, 14 days, 30 days, or any time the bookie predetermined. The lower your wagering conditions, the faster you will likely withdraw your funds. While looking for a betting platform, consider one with low betting conditions, including a fair term limit. Betting operators also impose other restrictions, such as the minimum and maximum betting amount. A low maximum bet level might be unfavorable, especially where you have to wager your bonus, say 40 times within seven days. Similarly, low wagering limits are preferable as they give you a chance to start your betting career with reasonable risks.
Binance Coin is among the few cryptocurrencies that have enjoyed a huge following since they were launched. This is partly because it is affiliated with Binance, the world’s largest crypto exchange by market value. This automatically gave it a strong reputation that fueled its uptake among digital coin enthusiasts. As virtual currencies become more prevalent in sports betting, players are careful to choose a coin that offers high security, price stability, and a possibility of a future value gain. BNB coin has proven rewarding to hold as it’s generally reliable and stable, with a market cap exceeding $45 billion as of writing this. Moreover, it has not experienced any scandals so far. Betting with it comes with a high sense of safety and other inherent benefits of speed and low transaction costs. No wonder the BNB sports betting industry is expanding speedily.
What is the Projected Growth of Binance Coin Betting in the Future?
The future of Binance Coin betting looks bright. The coin has already exhibited a unique level of resilience even during the 2022 crypto winter. It’s one of the fastest-growing virtual currencies in use cases and value. In 2021, coin holders took home a whopping 50% profit by November. Although most of the gain was wiped out during the 2022 bearish market, this year looks promising. Experts are predicting a closing price of about $600 by the end of 2023, a possible bullish streak of $1,300 and $2,500 by 2030. These figures are more than enough motivation to increase the coin demand among bettors. Without argument, more operators will start accepting the currency on their platforms as demand rises. But it doesn’t stop there. We will see more innovations in terms of games offered and betting features as providers scramble for the market. On the flip side, the sector’s lack of proper regulation might slow growth. Although many countries are now hinting at regularizing the crypto sector, growth may remain limited until that happens.
Gone are the days when one had to be in front of a PC to bet. Technological advancement and the development of smartphones have made it possible to wager from anywhere in the world while on the move. Our top bookies offer users an option to download a mobile app for sports betting from their Android or iOS devices. Those that lack apps have highly responsive mobile browsers. Bitsler offers the best mobile app for Binance coin sports betting. If you prefer using a mobile browser, you may consider BC.Game; it’s an exceptional provider that strives to merit in every section. No wonder it’s our number two Binance Coin operator.
Binance Coin is an excellent crypto for betting. It enjoys a strong reputation with zero history of scandals. Its close association with Binance Exchange also guarantees stability and safety, as the team behind it is competent and capable financially and technically. Aside from that, the coin has maintained a firm valuation even during bearish markets, indicating a robust user community. Its future looks brighter, with market analysts predicting a high of up to $2,500 by 2030. There is no question in terms of speed and affordability. It can handle about 300 transactions per second, with an average settlement of five minutes. Most payments cost under fifty cents of a dollar. So if you are looking for a reliable sports betting coin, consider BNB.
In this section, Eugene Abungana will address your inquiries and the most common questions regarding Binance Coin Betting Sites and offer guidance to newcomers in the field. Feel free to submit your questions through our contact form, and we will strive to respond within 48 hours.
Binance Coin offers players a wide array of sports betting options. They include soccer, hockey, tennis, rugby, badminton, swimming, golf, handball, car racing, and baseball. You can even bet on key international events such as the US election. However, keep in mind that different operators offer varying sports.
You need a compatible crypto wallet to deposit and withdraw your BNB winnings. Copy the bookie’s receiving address and use it to send funds from your wallet, to deposit. Cashing out is the opposite of funding your account. Hit the withdrawal button, specify the amount, and paste your wallet’s public key. Afterwards, authorize the transaction and wait for your funds.
The most common fees are deposit and withdrawal charges. Most top operators allow users to fund their accounts for free but impose a certain fee during withdrawal. You will also have to pay a network fee for every transaction. This amount is necessary to validate and secure your payment on the blockchain. For BNB, it will hardly be more than a dollar.
The first step to ensuring security is only using a licensed and highly rated platform. Second, ensure the website’s payment page is SSL secured. This guarantees that your data is encrypted and hidden from all unscrupulous persons. Keep your wallet passwords safe, and activate extra security layers such as 2FA.
Betting is a probability game, so you never know how many times you are likely to lose before you secure your first big win. With that knowledge in mind, always divide your capital into small portions that will not leave you with a big dent in case of a loss. For example, you can divide $1000 capital into $50 stakes. This means you have to lose 20 times to deplete your funds, which is pretty unusual too.
There are three main ways of getting a crypto bonus. In most cases, the operator will automatically credit your account upon fulfilling the necessary conditions, such as making a deposit. You can also qualify for an offer by clicking the “opt-in” button or applying a relevant bonus code.
Different providers offer several ways of communication. The most common one these days is using a live chat feature where you interact with an actual human. Some sites have 24/7 live chats, while others only provide the service during specific durations, like regular work hours. In such cases, you may contact customer support via the help page or email them.
Depending on your region, there might be restrictions on BNB sports betting. For example, some operators only allow players from certain countries to wager on their site. You can find out whether you are eligible to bet using an operator by going through the terms and conditions or contacting customer support.
I have worked with several companies in the past including Economy Watch, and Milkroad. Writing for BitEdge is highly satisfying as I get an opportunity to share my knowledge with a broad community of gamblers.More by Eugene Abungana