The National Basketball Association (NBA) is one of the Sports Booking events you can use with your Basketball Sports Betting with Bitcoin. The NBA is composed of 30 teams from USA and Canada. Of the NBA teams, only one is in Canada, The Toronto Raptors.
The online gambling NBA enthusiasts have the option to choose any betting line and play with the odds using the NBA BAsketball Sports Betting with bitcoin. A prominent Sports booking software company has the bitcoin payment option where the punters could place their bets and receive prompt payment if they want to withdraw their winnings.
Another International Basketball event up for bets is the Euroleague composed of European Teams and played in Europe. Bookmakers, with their respective sports booking companies offer this game with their respective betting lines.
The International Basketball Federation (FIBA)
Countries qualifying for the FIBA are slugging it out as of this writing. It is a ripe avenue for basketball sports betting with bitcoins. It is more advantageous for online bettors to play with sports booking software with the bitcoin payment option than with the usual credit card or bank transfer methods. The option lets you proceed to wager with your BTC in a convenient bankrolling of the account. Furthermore, opt for a betting program with the “live betting” feature. The feature gives you more options and betting lines innovatively offered by the sportsbook software.
The countries wrestling out for the first qualifying rounds in Asia are New Zealand, China, Syria, Lebanon, Japan, Philippines, Korea, Hong Kong, Jordan, India, Taipei, Qatar, Kazakhstan, Iran, and Iraq. FIBA holds this International tournament every four years which is why it is full of excitement for its enthusiasts in Basketball Sports Betting with Bitcoin.
Nov 23, 2017, saw hostilities in the first round A between New Zealand against Korea (80-86) while China trounced Hong Kong (96-44). In the first round C, Jordan minced Syria with a score of 109-72 and Lebanon peppered India with a score of 107-72.
November 24, 2017, saw action in the first round B between the Philippines against Japan. Despite the full gymnasium filled with mostly Japanese rallying behind their national team, the Filipinos dominated the game handing the Japanese team their first loss with a score of 77-71. Chinese Taipei succumbed to Australia at 66-104. Succeeding games in the first round D are the game between Qatar bowed down to Kazakhstan with a final score of 70-82 followed by Iraq bombing out Iran at 74-66.
While in the NBA, basketball sports betting with bitcoin had never been that easy and convenient. Online gamblers now have the bitcoin payment option found in the sportsbook that accommodates the cryptocurrency to fund their sportsbook deposits.
The American Gambling Association (AGA) expects that the NFL and NCAA Football will be circulating $95 Billion in wagers in the current season, with an estimated $4 billion in the Super Bowl betting alone. This expected flood of wagering is only in football; billions of dollars are in for bets in other sports as well.
The US SPorts Betting Regulation
The United States has a strict regulatory law in sports betting in the form of Professional and Amateur Sports Protection Act (PASPA) of 1992. Under the provisions of PAPSA, only Nevada, Delaware, Oregon, and Montana can offer sports booking services.
The scenario is also real with the NBA as more and more enthusiasts level up their entertainment value of spicing it up with a little wager here and there. This is where basketball sports betting with bitcoin comes in, new sportsbook wagering with the use of bitcoins to fund their sportsbook bitcoin wallets. The law further limits the betting choices of gambling enthusiasts that widens the gap between the supply and demand when it comes to legal gambling in the US. Of the four states, only Nevada is allowed full services on sportsbook betting while the other does parlay type of betting lines.
Gamblers have no way to run but to funnel their bets to offshore sportsbooks like Pinnacle, 5Dimes, or Bovada. These different sports betting companies have no issues accepting bets from the US, it is the government and banking institutions that block the placement of these wagers for reasons of criminal determent like money laundering and other illegal activities.
Sports Betting with Bitcoin: Booking Companies
The NBA Sports betting with bitcoin is an innovative method to have more betting options as gambler can play in the US. Bitcoins do not have a second or third party looking at the cryptocurrency movement. It is untraceable from where it came from or for whom the bitcoin payment. BTC can freely go to where they are applicable for payment of goods and services. It is also a medium to receive payment as in sportsbook winnings.
Basketball Sports betting with bitcoin must have trustworthy sportsbooks to place the bets.Bitcoin transactions needs utmost trust and confidence to push through. Once a trade pushes through, it is final and a done deal; you will not be able to reverse it.
Credit Cards and Bank Transfers for Basketball Sports Betting
When online gamblers use their credit cards or transfer their money to sports betting companies to place a bet, it is the protocol for credit card companies and banking institutions to block the transaction. Officials of credit card companies and financial institutions will see the deal as an illicit activity or may suspect in some criminal wrongdoing. According to the Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006, financial and banking regulations impose strict inflow and outflow of cash to and from online sportsbooks.
In the NBA, this is where Basketball Sports Betting with bitcoin plays a significant role to make it comfortable and secure for bettors to place their bets on their favorite teams and athletes. Bitcoin holders may transfer their bitcoins to their preferred sportsbook bitcoin wallets so they can bet on their chosen event. It is with a significant advantage to place wagers using your bitcoin.
The use of your bitcoin in trusted sports betting websites is as comfortable as using a calculator. Once you decided on your betting strategies utilizing the betting line offered by sportsbooks, you can click on the bitcoin payment option to transfer your bets in bitcoins. You can withdraw as frequent as you want to manage your account in an organized manner. This will avoid impulsive betting that can cause mismanagement of your funds.
Basketball sports betting with bitcoin also involves a minimal fee due to the absence of a middleman in the transaction. This is also the reason why you can make frequent withdrawals using your bitcoin wallet.
Sending and receiving payments arrive promptly and fast
Withdrawing your winnings from the basketball sports betting software arrives within minutes compared to checks and bank transfers that take days or even week before you receive payments. Bitcoin payment or receiving option allows a ten-minute window to process your transaction after which it arrives in bitcoin wallets in no time.
Bitcoin transfer is the most secure and safest way to send or receive payment today. The usual credit card operates by putting in your Credit Card and PIN number with the security code into a hackable website platform. Bitcoin transfer uses only your address with security public and private keys. The encrypted data put in a transaction is what makes it work.
The game between the Chicago Bulls against the Golden State Warriors has information provided so you could base on how to basketball Sportsbet with bitcoin. The game was scheduled earlier showing the following historical previews between the teams.
Team previews show the head to head matches since the start of the 2017 – 2018 NBA season. The sportsbook gives you essential data for your options like the injury list that both teams might have. Between these teams, The Warriors axed the Bulls at the Oracle Arena with a score of 123 – 92. Stephen Curry made 6.5 assists to date this season. The Golden State is looking forward to its 5th consecutive home win. The Bulls scored with 100+ points 5 times in a row with the last 5 games. KD scored an average of 24.7 points per game. By these inputs, the punter can adjust his playing and betting choices.