Best Bitcoin & Crypto NFL Betting Site in 2024
For new punters looking to start their NFL sports betting adventure, it might be a bit of a complicated task to decide where to start. Thankfully, we have just the guide you need – so, without further ado, let’s walk you through the essentials of betting on the National Football League, as well as some useful tips on how you can secure winning bets.
How Does Crypto American Football Betting Work?
Betting on NFL games with crypto has some striking differences compared to what you may be used to with fiat betting operators. Most notably, here, you will get to use crypto tokens for your deposits and withdrawals, so you will get to enjoy near-anonymous and fast transactions.
As for the betting process itself, the fundamentals remain the same. You still need to pick your preferred match and select your bet size. After that, simply watch the game and hope that your betslip will be a successful one!
How to Place Your Bet on a Crypto NFL Betting Site?
Key Features of NFL Crypto Betting Online Sportsbooks
If you are completely new to the NFL betting world, there are quite a few aspects of crypto betting sites you need to know of before you can start wagering on NFL games:
- No KYC is necessary – Unlike traditional operators, Bitcoin betting sites don’t require users to go through lengthy KYC processes upon registration or before making big withdrawals.
- Fast transactions – Since there are no intermediaries in transactions, one of the most unique selling points of NFL crypto sports betting platforms is their fast transaction processing times.
- Better bonuses – As the “new kid in the block”, a crypto betting site must make sure to stand out from its fiat competition. The best way to do so is to offer more rewarding bonuses for seasoned and new sports bettors.
- Global accessibility – It is not an understatement to say that cryptocurrencies transcend international borders, so any avid NFL bettor from around the world can participate without worrying about currency conversion rates or any banking restrictions.
Bitcoin American Football Betting Pros and Cons
Even though we believe the average crypto sportsbook can offer much more than traditional betting sites, it is not the perfect form of gambling. Before you bet on the NFL, you need to know about some downsides of wagering with crypto.
The National Football League
Every crypto sports betting site will put its main focus on the NFL, as it is arguably the most popular football league in the entire world. It is comprised of 32 franchises that compete each year to be crowned as Super Bowl champions. This is a competition that was founded in 1920, so its longevity speaks volumes about its popularity.
Moreover, the simplicity and value of the betting markets mean that you will have no problems starting your betting journey on the NFL. Just some of the most widespread sports betting markets for the average NFL game include money line bets, handicaps, points totals, spreads, etc.
Super Bowl
The Super Bowl is the pinnacle of the NFL season. It was created back in 1966 when the NFL and the AFL merged and agreed to have their best teams compete for a championship. Since 2022, the Super Bowl game has been played on the second Sunday in February and it is watched by about 123 million Americans each year.
If you are not quite interested in the half-time performance and are more focused on the game itself, you can take full advantage of the traditional bet types, along some prop bets like the result of the coin toss.
Types of Bitcoin American Football Bets
Now that you know the main American football events throughout the year, it is time to step further into the betting types. The basic ones should be enough to get you started, and when you eventually build your experience and knowledge, you can proceed with more complicated and specific bets.
Money Line
A moneyline bet is the simplest one you can make and it involves backing an NFL team to win the game. Sportsbooks will determine the odds based on who is the favorite team and who is the underdog. Of course, a bet on the underdog will pay more since it is less likely to occur.
Point Spread
Up next, we have point spread bets, which are very popular betting options for avid NFL bettors. In theory, they level the playing field and make the NFL game between a great team and an underdog a bit more entertaining.
Let’s make an example so you know how the point spread bet works. Let’s say the Cincinnati Bengals are 9.5-point favorites against the New England Patriots. So, if you back the latter +9.5, you will win your bet if they win the game or lose by up to nine points. Anything else sees you lose your bet.
Over/Under (Totals)
Over/under bets are among the most widely used crypto football betting markets. It requires you to try to predict whether a game will go over or under a certain number of points set by the bookmaker. Therefore, you are not so much concerned about who wins the game, but you root for points, which is sometimes much better than the stress over the actual winner.
Proposition Bets
Proposition bets can be either player or team prop bets and they involve you betting on a specific scenario during the game. For example, you can wager on whether a player will achieve over/under a specific number of passing yards or whether the game will go to overtime.
Note that the Super Bowl is usually the one game where you can find the most prop bets, but there are still a variety of such options in regular NFL games – all with competitive odds.
Best Crypto Bonus Offers for American Football
Besides allowing you to place hundreds of bet types at any American Football game, NFL betting platforms also enhance your online gambling adventure by offering certain bonuses. From new player’s offers all the way to VIP programs, here are the most common types of promotions you can use at NFL events:
- Welcome bonuses – More often than not, this is a deposit bonus that you get when you make your first deposit as a newly registered player. You can use the bonus money on any NFL event you prefer, but be wary of the time constraints for completing the wagering requirements.
- Reload bonuses – They can come in different forms, but crypto sportsbooks will usually offer deposit bonuses for the punters who have already made a deposit on the site.
- Cashback – This is a very popular promotion among NFL betting enthusiasts as it sees them recoup some of the losses incurred in the past period.
- Free bets – Placing a free bet means that you won’t get to touch your real money balance, so you can see why these offers are so in demand among seasoned bettors. Sometimes, a bookie will even offer free bets as part of the welcome bonus.
- Loyalty programs – Place bets more than the casual gamer and you are sure to get something hefty in return. A VIP program serves the most loyal punters on the site, and it works quite simply – the more real money bets you place, the better your VIP status and the corresponding perks will be.
- Refer-a-friend bonus – For the bookie to expand its presence, it may incentivize you to recommend the site to a friend or a group of friends. There will be a special referral link you can send to your friends, and once they register via the same and make their first deposit, you will instantly be due a bonus.
Most Popular Cryptocurrencies for NFL Betting Online
The range of crypto payment methods at reliable betting sites is enough to cater to every cryptobettor’s preferences. There is a whole array of options to choose from for your deposits and withdrawals, but let’s put our focus on the most used ones.
Bitcoin
Any crypto sportsbook simply must offer Bitcoin as one of its payment methods. Betting with Bitcoin means that you will get to enjoy swift, secure, and low-fee transactions – perks that are usually not available with fiat payment options.
To start betting with Bitcoin, you simply need to buy it from an exchange platform, choose a wallet to store your tokens in, and you are good to go.
Ethereum
The second-largest crypto by market cap, just behind Bitcoin, Ethereum has seen a significant rise in recent years. Ethereum’s native crypto called Ether is the currency you will be using for all your deposits and withdrawals at Ethereum bookmakers. Their unique selling point is that transactions are much faster compared to Bitcoin’s.
Tether
Tether betting is a bit different from what you may be used to with other cryptocurrencies. Namely, Tether is a stablecoin, meaning that it is not prone to frequent value changes like the other tokens in this list are.
If you don’t prefer the volatile nature of cryptocurrencies, then Tether (which is pegged to the US dollar) is just what you need – and it is also available at Cryptorush!
Litecoin
Back in 2011, Bitcoin was becoming very popular among big corporations due to its potential value. This popularity hinted that maybe businesses would take over the mining process as it was becoming more unfeasible for individuals to participate.
Then, this looming BTC centralization introduced the birth of Litecoin – the perfect BTC alternative, which is better in so many aspects. Most notably, Litecoin betting sites offer you the commodity of faster transactions, so betting with Litecoin seems like a no-brainer.
Expert Betting Tips for the NFL
Luck will always play a key role, regardless of the sport you plan on betting, but that doesn’t mean your hands are completely tied. There are still some useful strategies and tips you can use to improve your chances of landing a win in your NFL bet:
- Do your research – Make sure you study both teams – their form, head-to-head games, injuries, and so on. Data is pivotal here, so the more information you collect, the better your chances of landing a win.
- Search for great bonuses – As a crypto bettor, you will get exclusive access to tons of ongoing promotions, but it is your job to find the best ones suited for your NFL betting journey. Compare the offers and only claim what you deem worthy.
- Bet on favorites early and underdogs late – This is a very common NFL betting strategy, as more bets go on the favorites as the game nears, while the underdogs’ odds rise consequently.
- Don’t bet on emotion – We understand that you might be a fan of a certain team in the NFL, but don’t be fooled into blindly backing them all the time. They will inevitably lose sometimes, so it is best to avoid always wagering on your team.
- Gamble within your limits – Don’t forget about the golden rule of online sports betting – responsible gambling. Never chase losses, thinking that a win is just around the corner. Make sure that NFL betting remains just a nice pastime activity, nothing more.
The Stage Is Set for a Rewarding Crypto NFL Betting Journey
Now that you know all the basics about NFL betting, it is time to put your knowledge to the test. Register at Cryptorush now, make your first deposit and get ready to dive into a world of endless NFL betting options!
Just make sure to do your research on games before betting – and of course, gamble responsibly to fully maximize the potential bets on NFL games can bring!
FAQs
Is it legal to place crypto NFL bets?
This mainly depends on the crypto and online gambling legal landscape in your country. Make sure to check the necessary regulations before you dive into real money crypto bets on the NFL.
Should I bet on the NFL based on trends?
Recent trends can always be a great data point for your bets, but you should never follow them blindly. Part of your job as a bettor is to determine whether a trend is a relevant one, but even if it is, the NFL is an unpredictable tournament.
Can I earn money by placing NFL bets?
Yes, you can, but NFL betting should never be your main source of income. It is only meant to occupy a small part of your pastime, so never rely on it for financial stability and well-being.