Popular Sport Events Betting with Cryptocurrency: Why, Where and How?


Posted: May 25, 2021

Updated: May 25, 2021

  • The popular ice hockey championships betting with bitcoin
  • What you need to bet on sport events by using cryptocurrency
  • Check out for the ice hockey betting with bitcoin

If you are following the latest news you probably observed the popularity of bitcoin in different areas as well as in betting. Exactly, it is great news for Bitcoins users because the list of sports at Bitcoin sportsbooks grows each year. You can bet on local teams and tournaments of various spots such as the football, basketball, soccer, baseball leagues. Let’s look at how, where, and which sports we can use bitcoin for our betting by concentrating on ice hockey betting with bitcoin.

Ice hockey: Changed rules but unchanged sport passion

Let’s get familiar with the number one sport played on ice. Yes, this is Ice Hockey World Championships that are annually organized by the International Ice Hockey Federation. Actually, ice hockey fans have enjoyed various competitions since 1920 when it was part of the Summer Olympics. Of course, through these years there were some changes. After 10 years individual events were organized that participated in twelve nations. Later, the number of nations changed, and thirteen nations took part in which were split into two groups. The top seven teams (Pool A) played for the World Championship. The other six (Pool B) played for ranking purposes. However, today you can hear divisions not pools.

ice hockey betting with bitcoin
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How about the modern format? Today, the World Championship features 16 teams in the championship group. As said, there were two divisions and each of the divisions played 12 teams. If there are more than 40 teams, the rest compete in Division III. Thus, all members of IIHF can compete in the tournaments that are currently divided into 4 Divisions. How about your favorite team?

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Have you defined your team in IIHF World Championship Group A bets? If yes, here are the best betting sites  1xBET Sportsbook where you can realize your betting.  Moreover, here is the article that could provide you more info Reigning Champions Favorite for Winter Olympic Ice Hockey Betting 2022. Of course, this is the traditional way of betting. However, here is great news for bitcoin users. If you prefer to use bitcoin in your betting here is a great sport and explanations.

Popular Ice Hockey competitions: Open for betting with Bitcoin

Thus, today ice hockey is one of the major sports to bet on with Bitcoins. Actually, there are some ice hockey competitions that are more exciting to bet on than others. Which are these competitions? Yes, the biggest and popular ones, the NHL and the IIHF World Championships.  However, it doesn’t mean you can’t place on a host of ice hockey competitions. Of course, you can. Let’s first look at the domestic ice hockey’s completions that you bet Bitcoins on.

One of the most famous of these ice hockey leagues after NHL and IIHF, is the Russian Superleague. This superglue is mostly known as the Kontinental Hockey League which began in 2008. In spite of the league featuring 28 clubs from Belarus, Croatia, Finland, Kazakhstan, Latvia, Russia and Slovakia it expands to the world. Moreover, as we know the ice hockey feature in the winter Olympic Games which makes for an interesting Bitcoin bet.

However, here we will especially emphasize the most prominent competitions: NHL and the IIHF World Championships.  So, the National Hockey League consists of 23 teams from the United States of America, and 7 teams from Canada. The winning team is declared the NHL champion for that season and claims the Stanley Cup, which is the oldest professional sporting trophy in North America. We will not give much info about the IIHF World Championship because we have already talked about it. These will be great info tips for successful betting regardless of what you use in realizing your betting.

Sports Gambling Rules – Does Overtime Count in Ice Hockey Betting?

What is overtime and what is its role in Ice Hockey? Thus, as a method overtime is used for determining the winner if the score is tied after regulation. Overtime periods are extra periods beyond the third regulation period during a game. Today, overtime is a golden goal which means the game ends immediately when a player scores a goal. The overtime period is different in competitions for example, in IIHF play, rules for overtime depend on the stage of the competition. However, at the 2019 IIHF World Championship new overtime procedure used which will be in effect for all IIHF championships and at the 2022 Winter Olympics.

So, the overtime period will be 3-on-3 regardless of round robin or preliminary. Only in the championship game if that overtime is scoreless, a full intermission will be conducted before the procedure repeats. The overtime ends on whoever scores next. It would be great to consider these facts while you are going to bet on any ice hockey championship. Don’t forget these facts and apply for one of the best best betting sites in online sportsbooks in the EU.

ice hockey betting with bitcoin
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Ice hockey betting with bitcoin: What is the first step?

Are you among the bettors who are very enthusiastic but haven’t used Bitcoins for sport betting yet? Let’s go through the all betting process step by step. Thus, our first step will be creating a Bitcoin wallet account. Actually, there are various and plenty of Bitcoin wallet providers even available for mobile, PC and Web-based. However, before deciding to open a Bitcoin wallet it would be great to get familiar with Bitcoin and the working functions of cryptocurrency. After that you can purchase with real money that will be converted into Bitcoins. Let’s consider you searched and get all suitable info about Bitcoin and opened your Bitcoin wallet address. The next step is finding a suitable Bitcoin sportsbook where you will place your first bet.

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While the Bitcoin market has exploded over the years the number of betting sites with Bitcoin increased also. What you have to pay attention to in sport bettings sites that give you the opportunity to use Bitcoins. So, here are the important points for beginners: availability of various sports, a selection of betting options, better betting odds, possibility of Live bitcoin betting and autonomous and instantaneous deposits / payouts. You will find all of these necessary features in one of the best betting sites, 1xBET Sportsbook.

Betting with bitcoins in 1xBet: Easy, fast, secure and no service charges

Play in Bitcoins with 1xBet is secure and profitable because creating an account in cryptocurrency is anonymous, fast, secure and no service charges which means Commission-free deposits and withdrawals. When you visit the site and click on bitcoin you will see registration. Don’t worry, you don’t need to write down your personal info for registration. It is anonymous. You can choose casinos or sports. After that you have elected your country and the currency in the provided list. That is it. The registration finished. Don’t forget to make a note of your username and password. You can save the given username and password as a file, as a picture or you can enter your email for getting it. After that you can click to get a bonus for getting your first deposit bonus.

How can you make a deposit? Let’s continue. By clicking deposit you will see all payment methods to top up your account. One of the payment alternatives is cryptocurrency which is nearly 30. By choosing one of them you can make your deposit. Now we are ready for our betting…one more thing we will need is luck… Good Luck…

You can discover more about 1xBet Sportsbook here.

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