Betting exchanges serve as marketplaces where individuals can wager on the outcomes of various events. Yet, unlike traditional bookmakers, these platforms introduce a unique approach by allowing gamblers to make lay wagers. That is betting against an outcome. Hence, making a lay bet on Team A means you win it if the side loses or […]
Author: Joe
How Sportsbooks Set Their Odds
In every gambling form, knowing how sportsbooks set their odds is essential because they display the hill a gambler must climb and the prize that awaits them if they do. However, in sports betting, pretty much the whole practice leans on them regarding profitability for both bettors and bookmakers. They are a numerical expression of […]
How to Buy & Store Cryptos for Betting
Over the past decade, cryptos have made their way into the online betting sector. They have been utilized in the Internet gaming sphere a bit earlier. But now, digital coins seem to be attaining mass acceptance in these two gambling Web sections, with allegedly 55% of all BTC transactions related to some type of wagering. […]
Arbitrage, Match & Value Betting Explained
Arbitrage and other terms explained – The primary enticement of sports betting is that it is the most promising gambling activity when it comes to individuals having decent odds of making a profit. While most think this is possible only through boasting high-end sporting knowledge, veteran bettors know that is not the case. They are […]
Are Crypto Sports Winnings Taxable?
The rise of sports betting has been called a paradigm shift in the gambling sector. Moreover, the emergence of crypto sportsbooks is taking center stage in the global landscape, as loads of countries have yet to create their online wagering laws and regulators. Crypto gambling became a thing in 2012 when the first sets of […]
An Elementary Guide for New Crypto Bettors
In this elementary guide for new crypto bettors, we will introduce you to the world of Bitcoin Gambling. Sports betting is a globally booming sphere that has been on an upward trajectory in the past several years thanks to the smartphone revolution and the stance that countries are now taking virtually everywhere to its regulation. […]
Crypto vs. Traditional Currency Betting
Undoubtedly, the global online sports wagering market is booming unprecedentedly fast. Per the latest data, the sector is now growing at a rate of 17.3%, getting set to hit an industry volume of $14.4 billion in the next few years in the US alone. Per most analysts, the widespread legalization of this pastime, paired with […]
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