We all know that cryptocurrency has revolutionized the world, and the online sports betting world is no exception. The Philippines has a thriving online gambling market; therefore, if you’re interested in placing sports bets using cryptocurrency, this is the place to be. Below, we’ll discuss crypto sports betting in the Philippines as well as some essential factors to keep in mind.
How to Bet on Sports with Crypto in The Philippines
By following the five steps below, you’ll be able to place your bet on the next major sports event using cryptocurrency:
- Find a Reliable Online Sports Betting Site
This is the most important step. You need to find a trustworthy and reliable platform if you want to bet on sports with crypto in the Philippines. Fortunately, with Bet999, you won’t have to worry about a thing. A few of the reasons why you should choose Bet999 when it comes to crypto sports in the Philippines include:
- Adequate security measures: We have robust security measures in place to ensure your funds don’t go missing or nobody hacks your account.
- Online support: Bet999 prides itself on having responsive online support. Therefore, there is always someone to address your needs.
- The platform is simple to use and navigate: It’s crucial to use a platform with a user-friendly interface and simple navigation. This way, you have peace of mind knowing it’s easy to place bets and explore the different sporting events taking place.
- A wide range of sports events: You can bet on your favorite sports when using Bet999, as it covers a wide range of sports events taking place globally.
- Promotions, gifts, and bonuses: We offer attractive gifts and bonuses to enhance your betting experience, such as our Coin Master free spins gift.
- Set Up Your Crypto Wallet
You need a crypto wallet to store and manage your digital coins when betting on sports. There are many types of wallets to choose from; however, you need to choose one that you’re comfortable with when it comes to accessibility, convenience, and security preferences.
- Deposit Crypto into Your Betting Account
It’s time to deposit funds into your betting account. Before doing this, you’ll have to ensure you have a registered account on your chosen sports betting platform. Once you’ve done this and logged into your account, find the deposit section. Scroll through the various options provided by the platform, and choose the cryptocurrency option.
Specify how much cryptocurrency you want to deposit and confirm the transaction. You should see the funds appear in your betting account soon after this.
- Find a Sports Event to Bet on
Now the fun begins! It’s time to start placing bets on your favorite sports events and team. Spend some time browsing through the platform’s sports section to find a bet that’s suitable for you. From basketball to football, boxing, tennis, volleyball, and more, there are countless options to choose from.
Once you’ve found the event you want to bet on, it’s time to choose your bet. Here you’ll state how much cryptocurrency you want to bet, and the platform will give you the potential payout depending on the odds of the game.
You should always check the odds, stakes, and potential winnings to determine if they’re acceptable for you. If you’re happy with what you see, finalize your bet. We also recommend familiarizing yourself with how odds work so that you can determine potential payouts before starting the betting process.
- Monitor and Manage Your Bet
It’s vital to monitor and manage your bet throughout the sporting event. Stay updated with the score of the sporting event while it’s on. If you don’t have the opportunity to watch the game, you can always follow the live score and any other relevant updates on sports apps or sports news websites.
You should also take advantage of any statistics and betting tools provided by the website you’re using. Generally, you’ll be allowed to analyze team/player statistics, past performance, etc., which will help you make more informed decisions.
Lastly, you should always practice responsible gambling. Set a limit for yourself and avoid excessive betting.
What Are Some of the Most Popular Sports for Online Betting in the Philippines?
There are many sports that attract large audiences in the Philippines, especially when it comes to online sports betting. The top picks are:
- eSports: The Philippines has many teams that compete internationally when it comes to online games. As many people are familiar with how online games work, they find betting on eSports easier.
- Boxing: Since the legendary Manny Pacquiao, many Filipinos have not been able to get enough of boxing and have a fun time placing bets on the sport.
- Basketball: It’s no surprise that basketball made the list. It’s a fun and exciting game that keeps everyone on their toes, including the audience!
- Tennis: Many bettors in the Philippines love betting on tennis since there is a clear winner and loser; there are no draws.
- Volleyball: This sport has been loved for centuries in the Philippines. In fact, the popularity of online betting on volleyball games is clearly a result of passion for the sport.
What Are the Benefits of Using Crypto for Sports Betting?
Many people love using cryptocurrency when it comes to betting because of the security it offers. A few advantages include:
- Fast transactions: You can limit the waiting time when it comes to withdrawals and deposits since crypto transactions are generally processed quickly.
- Secure transactions: The decentralized nature of the crypto world ensures there are no intermediaries involved in your financial transactions.
- Privacy and anonymity: Users are allowed to place bets without disclosing personal information when using cryptocurrency.
- Lower transaction fees: Cryptocurrencies generally have lower transaction costs than traditional payment methods, meaning you can save some money when placing your bets.
Start with Bet999 Today!
Now that you know how to take part in online crypto sports betting, you’re ready to start the fun. This is a safe and convenient way to engage in online betting in the Philippines. Plus, Bet999 allows you to enjoy the benefits of using crypto for your sports bets securely and responsibly. If you’re ready to take your online betting experience to the next level, sign up for Bet999 today!