NFL Betting With Bitcoin

The National Football League, or NFL, is the highest level of American football in the world. Watched by millions around the globe, the NFL is the dream of every aspiring young American athlete. Formed back in 1920, the NFL has gone from strength to strength and is now more popular than ever.

In most other sports, the real measure of a team’s quality is tested over the course of a season, usually by collecting points for each match won. In the NFL, things happen a little differently. The league begins in a fairly traditional way, with 32 teams competing one-on-one. The teams are split into two conferences – the National Football Conference (NFC) and American Football Conference (AFC), each contributing 16 teams to the league.

However, while most leagues play out a full season based on the points acquired, the NFL switches things up after a few months. The season starts in September and continues through to December. At this point, it moves into a knockout stage.

Of the 16 teams from each conference, only six will progress to the knockout stage, or the playoffs. These teams are seeded, so the top two seeds will only enter in the second round, by which time two teams will have already been eliminated. The final four teams play two more games until only one team is left from each conference. These two then play one final called the Super Bowl, which is the showpiece of the entire year in the NFL.

If that sounds a little complicated, don’t worry. You can learn all about it right here, including how to beat the bookies with a winning NFL betting strategy and where to place your Bitcoin bets on America’s most popular sport.

How to Bet on NFL With Bitcoin

If you’ve ever seen a jam-packed house on Super Bowl Sunday, you’ll know there are plenty of chips and dips going around. But it may be time to add “bits” to that too, as NFL Bitcoin betting has seen a sharp increase in recent years. And there’s no event that attracts more crypto bets than the Super Bowl.

As many people will be aware, gambling laws in the US are a little stricter than they are in a lot of countries around Europe. Betting on sports is a bit of a grey area in the US, although it is legal to place bets in certain states and online. Using Bitcoin (BTC) to place a bet on the NFL is a logical step in a country where brick-and-mortar bookmakers are rare.

So which sportsbook offers the best Bitcoin betting opportunities? As with any sportsbook, the answer largely comes down to personal preference. For instance, do you often take advantage of introductory offers or welcome bonuses? If so, this deserves extra consideration when looking at a Bitcoin sportsbook because the fluctuation of the cryptocurrency means the bonuses can be monumental. For instance, a sportsbook might offer you a sign-up bonus of 1BTC if you create a new account and place a bet on the NFL. However, the next day the value of that 1BTC may have doubled, tripled, or in some instances increased even more. Before the sportsbook has a chance to catch up and rework the offer to a more reasonable fee, players can take advantage and get a whole bunch of free chips to play with.

However, some people prefer to avoid welcome bonuses due to the wagering requirements attached to them. If this is the case, you may prioritise other factors in a sportsbook. When placing a bet with Bitcoin, it is extra important to consider security. BTC affords a great deal of anonymity – so if a scammer gets hold of your crypto coins, there’s not much you can do to reclaim them.

If you sign up to a Bitcoin sportsbook, make sure it’s a trusted company that takes security seriously. This can often mean 2-factor authentication (2FA), which helps add another layer of protection to your account with an ever-changing, randomly generated password.

Just because you’re betting with BTC and not USD, it doesn’t mean you should miss out on any perks. Good quality sportsbooks will still offer a VIP scheme even when placing a bet with Bitcoin, Ether (ETH), Litecoin (LTC) or any other major cryptocurrency. There may also be vastly different processes when it comes to deposits and withdrawals, so check out the policies before you go making any transfers on the blockchain.

There are multiple factors that go into sourcing the best Bitcoin sportsbooks that cover NFL betting, and we’ve handpicked five of the finest here: