Placing Football Bets With Exchanges Using Cryptocurrencies: Exchange Betting on Soccer with Bitcoin & Alternative Cryptos

A betting exchange is basically a platform where you can place wagers against other people instead of a traditional bookmaker. You have the option to either back (bet in favor of) or lay (bet opposing) various outcomes, which means you usually get more control over the odds and sometimes better value. Of course, there’s often a tiny commission taken from your winnings. It’s almost like having a unique way to bet that’s very fun, highly flexible, and can be lucrative.

Football tends to be one of the most popular sports for betting exchanges, particularly in Europe and South America. With so many games, leagues, and tournaments happening regularly, there’s nearly always something to put money on. For example, you could bet on who will win a match, how many goals might be scored overall or even make guesses about how specific players are going to perform.

Let’s learn a bit more about how the exchanges work.

Football Betting

Football betting has evolved quite a bit since betting exchanges came into play. Now, you can actually bet against the team you think is likely to lose, which is pretty game-changing as that goes completely against the norm. Additionally, being able to place bets while the match is ongoing (known as in-play betting) tends to be incredibly exciting.

Placing Exchange Bets on Major Football Leagues

You can place bets on major football leagues like Premier League odds, Champions League odds, La Liga odds, Serie A odds, and Bundesliga odds. Exchange betting also covers global tournaments like FIFA World Cup betting and Euro 2020 odds. If you’re into lower-tier competitions, you can bet on EFL betting, Championship odds, League 1 odds, and League 2 odds. For fans of European football, Ligue 1 odds, Scottish football betting, and more are available.

Tips for Crypto Exchange Betting on Football

1. There are lots of tips for crypto exchange betting on football games. For instance, one common method involves identifying matches where over 2.5 goals are anticipated but then waiting until in-play to bet on over 1.5 goals instead.

2. Another tip includes betting against an underdog if they go up 1-0 away from home or betting against a draw before the game and betting on it again after the first goal.

3. The most important tip of all is to ensure you choose a reputable betting exchange.

Frequently Asked Questions

Our GOSUBETTING experts have put together some frequently asked questions about Crypto exchange betting on Football to help you get started.

• What is crypto exchange betting on football? +
  Crypto exchange betting on football is where players bet against each other rather than a bookmaker, using cryptocurrencies like Bitcoin, Ethereum, or USDT. This method allows you to back or lay a bet, offering greater flexibility and often better odds.
• How does crypto exchange betting work for football? +
  In crypto exchange betting, you can either back a team to win (like traditional betting) or lay a bet, meaning you are betting against a team winning. The exchange matches your bet with another user who takes the opposite side. If your prediction is correct, you win the bet and earn crypto.
• Which football leagues can I bet on through crypto exchange betting? +
  You can bet on various football leagues and tournaments, including the Premier League, Champions League, La Liga, Serie A, Bundesliga, FIFA World Cup, Euro 2020, EFL, Championship, League 1, League 2, Ligue 1, and Scottish football, among others.
• Can I bet with Bitcoin or other cryptocurrencies on football? +
  Yes, many exchange betting platforms accept Bitcoin, Ethereum, USDT, and other cryptocurrencies for football betting. Simply deposit your crypto into your account and use it to place bets on your chosen football markets.
• What’s the difference between backing and laying a bet in football exchange betting? +
  Backing a bet means you’re betting on a team to win while laying a bet means you’re betting against a team winning. For example, if you lay a bet on a team, you’re saying they won’t win, and if they lose or draw, you win the bet.
• Are there any advantages to using crypto for football exchange betting? +
  Using crypto offers faster transactions, greater privacy, and often lower fees compared to traditional payment methods. Additionally, crypto betting platforms usually offer enhanced odds, giving you better potential returns.
• Is crypto exchange betting on football legal? +
  The legality of crypto exchange betting on football depends on your location. Some countries allow it, while others have restrictions. We suggest you check your local laws before placing any bets.
• How do I find the best odds for football exchange betting using crypto? +
  In crypto exchange betting, odds are set by other users rather than the platform, which often leads to better odds than traditional sportsbooks. You can compare the odds offered by different users and choose the most favorable ones for your bet.
• Can I cash out my bets early in crypto exchange football betting? +
  Some crypto exchange betting sites offer cash-out options, allowing you to settle your bet before the game ends. This lets you secure a profit or reduce your losses depending on how the match is unfolding.
• How do fees work in crypto exchange betting for football? +
  Crypto exchange betting platforms typically charge a small commission on winning bets. This commission is usually lower than the margins traditional bookmakers take, making exchange betting a more cost-effective option for some players.