The National Football League, NFL is one of the most popular leagues to wager on. With the sport leaving the shores of North America and becoming a globally accepted sport, the popularity is growing. There are now more bettors engaging in American Football betting. However, most players are more familiar with the NFL. Fortunately, sports betting sites help newbies get started instantly with different resources such as NFL stats, trends, live streaming, etc.
The introduction of cryptocurrency has improved the way we gamble. It is now much easier to deposit and withdraw without having to risk losing sensitive information to hackers. So, it is only right to start betting on NFL with Crypto. In that case, here is a short guide to help you get started.
Table of Contents
Choose a Crypto Wallet and Own a Token
The first step is having a cryptocurrency wallet and owning a token. A wallet is where you store your cryptocurrencies, while a token is the crypto coin you own. An example of a token is Bitcoin. You need to choose from the list of popular wallet providers, including Coinbase, Trust Wallet, Binance, Crypto.com, etc. After that, create an account and complete the verification. Once you are done, you can go ahead to buy a token.
Most wallet providers offer different methods to purchase a token. Credit/debit cards, bank transfers, and peer-to-peer are the most popular options. Choose the one that works for you, and you will own a token of your choosing. But make sure it is one of the popular ones not to have trouble finding a sportsbook that accepts it.
Find a Sportsbook That Accepts Cryptocurrency and Register
Next, you need to find a sports betting site that accepts cryptocurrency as a payment option. Fortunately, most sportsbooks with crypto payment advertise it boldly on their homepage. Once you see that they do, you should check if they fit the bill as well. Ensure they have a proper license, customer support, and an impressive list of bonus offers. In addition, you want to see that you can bet on NFL there.
If everything is in place, you can go ahead to register. This is pretty straightforward. Enter your details in the appropriate fields, verify your email, and confirm your registration. Then, you are good to start placing your bet.
Start Placing Your Bets
As a registered member of your preferred sportsbook, you can start placing bets on your favorite teams. You might be lucky to get a no deposit bonus offer, meaning that you do not have to put in real money before you can start betting. However, if you do not get that, you need to fund your bet account first. To do that, you have to go to the cashier tab, select deposit, enter the amount you want to put, and click on your preferred cryptocurrency.
After that, copy the address you see and open your wallet application. On your wallet, click on the token, and hit send. You will then see a field to enter the wallet address, paste the one you copied, and click submit. Expect your account to be fully credited in a few minutes. After that, go to the NFL section and start to place your bets.
Before you start betting on various NFL games, ensure that you understand how the sport works and its major areas. That way, you will not have an issue placing the right bets. Aside from that, make sure you have a betting strategy and budget that you stick to no matter the circumstance. Remember that you cannot control the outcome of each bet, so you should never wager more than you can afford to lose. In addition, always use the resources at your disposal and never rush into a bet.
Betting on NFL with Crypto is pretty easy. Simply follow the guide in this post, and you are good to go. However, you should familiarize yourself with the cryptocurrency industry to understand how it works and the risks involved. Note that the market is highly volatile, so the value is unstable. In that case, you should never over-invest in cryptocurrencies.