BCH betting has recently emerged as a new and exciting way to place bets on esports and sports events online. It involves using the cryptocurrency Bitcoin Cash to fuel your online betting activities – but how does this work exactly?
The process of registering with a Bitcoin Cash gambling site is pretty much the same as that used by regular, fiat money sportsbooks. That said, bettors who opt to use Bitcoin Cash or “BCH” can benefit from significantly faster deposit and withdrawal times than other payment options – as well as some exclusive bonuses and promotions.
If you’re new to crypto betting sites in 2023, you might find the idea of betting with Bitcoin Cash a little daunting. But actually, BCH is one of the best cryptocurrencies for beginners to use – and this article will outline why.
For now, here are the key things you should know about BCH and betting sites that accept it:
Online betting sites that accept Bitcoin Cash have actually been around for a few years now, but it’s only relatively recently that they’ve started to gain a more mainstream reputation.
BCH was first introduced as a “hard fork” of Bitcoin in August 2017, with its creators envisioning a cryptocurrency that would benefit from faster transaction times due to its 8MB “block” size. They achieved exactly what they wanted – a stable cryptocurrency that allows for fast payment validation. Typical transactions take no more than 10 minutes or so, and processing fees are usually less than $0.25, though some online sportsbooks may set their own deposit and withdrawal rules.
Today, there are several crypto sports betting apps that accept BCH – and these operators offer several benefits to their users. It’s important to fully understand these advantages if you want to get the most out of BCH betting, as you’ll need to know exactly what to look for when you compare the market.
Sports betting sites that accept BCH are popular for several reasons. Here’s why we think you should give them a try:
Perhaps the number one benefit of betting at BCH casinos and sportsbooks is that you’ll be able to take advantage of the incredibly rapid transaction times Bitcoin Cash offers. In fact, enthusiasts claim that the one-of-a-kind tech behind BCH makes it 400% faster than Bitcoin.
As we’ve already said, Bitcoin Cash fees rarely exceed $0.25 on one single transaction, which is considered to be very competitive in the crypto world. Some gambling sites that accept Bitcoin Cash, such as decentralised dApps, will even let you make direct deposits to swerve additional fees charged by e-wallets and other payment methods, and keep commissions to an absolute minimum.
We’re going through a phase where crypto sports betting is growing in popularity, but still hasn’t majorly taken off. This means sports bettors who play using BCH or other cryptocurrencies can often claim the lion’s share of bonuses with many providers. Look out for one-off offers and rewards.
The state-of-the-art blockchain tech used by BCH has a top-tier reputation as far as stability and security are concerned. Naturally, all cryptocurrencies are affected by market volatility, but BCH is generally held in higher regard than its competitors among enthusiasts.
In our view, BCH betting sites are much more accessible than NFT casinos in 2023, or other kinds of crypto-based betting sites that utilise lesser-known or emerging kinds of coins. If you’re a newcomer to crypto betting, BCH has been around for a while, it’s fast, offers low fees and can be easily acquired at almost any crypto exchange.
Strafe.com is a one-stop shop for trusted sportsbook and casino reviews. We guarantee that any providers recommended in our comparisons will be safe, fair and offer high-quality experiences in each of the following categories:
Our reviews recommend only 100% trusted Bitcoin Cash online sports betting providers.
You can expect an honest verdict on any promotions and VIP programmes available.
We single out the best crypto casinos in terms of ease of use. We also test out any betting tools and apps.
Our reviews identify what choices you have, and how fast-acting they are.
Live chat, telephone hotlines and email support networks will always be tested as part of our reviews.
Let’s face it – there are a lot of sports betting sites out there for crypto bettors to choose from. Here’s how you can ensure you’ll access only the very best ones:
The best sportsbooks will offer broad sports market coverage and double-up as online casinos. Look out for “Provably Fair” games that offer outcomes that can be verified for their legitimacy via blockchain. This is great news if you’ll be using Bitcoin Cash for gambling on roulette, blackjack, or other casino games.
Bitcoin cash sports betting enables you to enjoy superfast deposits and withdrawals – but only if you’re playing via a site that lets you fully access the best transaction times available. Compare the market to find the sportsbooks offering the quickest deposit and withdrawal waiting times.
Follow the below process to get started with any BCH online gambling site:
You can always depend on our experts to recommend the best and most trusted providers, so pick your preferred operator using our reviews and comparisons.
Not all Bitcoin cash betting providers will make you verify yourself, but some sites will – so be sure to check your email and spam folders and follow any authentication links that might be necessary.
This should take no longer than a few minutes at most – though waiting times may depend on which payment method or online sportsbook you’re using.
Where possible, we’d recommend sticking to games that offer you the ability to double-check outcomes via the blockchain.
Now it’s time to cash out any funds you’ve accumulated, preferably via the fastest option possible. If you’d rather use CashApp for Bitcoin sports betting or make a transfer using another online wallet, keep in mind that different e-wallets may charge additional transaction fees.
Requesting cash-out with most of the top BCH sports betting sites is super-straightforward. Here’s what you need to do:
There are a whole bunch of reasons that sports betting using Bitcoin Cash is becoming increasingly popular. This easy-to-use cryptocurrency is fast, offers low transaction fees and may even net you some exclusive bonuses playable only in BCH.
In our view, BCH is a great option for beginner crypto bettors who are new to cryptocurrencies. But getting the most out of online betting is all about finding a provider that's a good match for your preferences and needs, so be sure to use our reviews to compare betting websites. We’d suggest prioritising operators that offer access to your favourite sports markets and crypto gambling games – particularly those that have Provably Fair games. Naturally, you should look for sites that are licensed and have a strong reputation, too.
Bitcoin Cash is commonly considered to be a more user-friendly alternative to Bitcoin. In recent years, it’s become popular among online casinos and sports betting sites – but how does placing bets with BCH work? Get your head around the basics with our latest BCH sports betting guides.
Cryptocurrency deposit and withdrawal times at casinos can vary a lot between different types of coin. Online sportsbooks and casinos also like to set their own waiting times and limitations, meaning the best way to find the fastest processing times is often to compare the market. Use Strafe.com to discover the best sportsbooks for you.
The first step to getting started with any BCH casino or crypto sportsbook will always be to purchase some of the cryptocurrency you need. You can access all kinds of crypto variants using crypto exchanges, but which one is best and safest to use? Strafe.com reveals everything you need to know about Bitcoin betting.
Bitcoin cash sportsbooks offer access to several sports markets with exceptional odds, but you’ll need to do a bit of shopping around to find the most competitive and attractive sites. Check out our expert comparisons today.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
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