American Football prop Bitcoin betting is an absolute thrill. It’s perfect for those who want to up the ante a bit, and enjoy betting on American football with the most popular cryptocurrency – Bitcoin. Betting on American football using Bitcoin has some real advantages that you shouldn’t ignore as it offers you fast and secure transactions, making it a perfect option for you if you want to place bets and have your bets settle as quickly as possible.
If you’re just getting started with this adventure, you’ll probably want to feel good about jumping in, that’s where this GOSUBETTING guide comes in. We will cover everything you need to know so that you can start placing your American football prop Bitcoin bets with confidence.
What is Prop Betting? Understanding the Essentials
Prop bets (often called proposition bets) let you put money on specific aspects of a game that aren’t really about the final score or who wins, as is often the case with many other American football bets. For example, you might bet on how many rushing yards a certain player gets or maybe whether there’s going to be a safety during the game.
Unlike regular old betting, prop bets give you a chance to dig into different layers of what’s happening on the field. When it comes to Bitcoin prop betting, it’s like turning things up a notch because you get to enjoy the speed and flexibility that come with using crypto while having fun with these kinds of wagers.
Advantages of Prop Betting in American Football
- More Fun: Since you’re placing bets on all sorts of things happening in the game, every play or how well each player does can be exciting.
- Loads of Choices: Whether it’s team performances or little moments during the match, you can shake up your strategy and keep things interesting.
- Better Chances for Big Wins: These bets focus more closely on details than regular ones do (like guessing multiple touchdowns by one guy), sometimes they offer bigger payouts compared to picking the winning team.
Bitcoin and Prop Betting
Using Bitcoin adds its own flare when participating in props! Here’s why:
- Fast Moves: Crypto transactions happen super quick, pretty much instantly. This is a big deal, especially if you’re into live-action betting where cash flow needs no delay.
- Less Costly Fees: Crypto often means smaller fees than what banks usually charge; thus leaving more dough from winnings safe within reach.
- Special Deals: Plenty of Bitcoin sportsbooks that GOSUBETTING recommends have generous promos and bonuses that are exclusive for their beloved crypto bettors such as freebie plays with matched deposits.
Types of Prop Bets in American Football
Player Props
These bets focus more on the individual player performances, giving you a fantastic opportunity to bet on certain results that relate to a player’s in-game actions. Here are some popular player prop Bitcoin bets you should be thinking of placing in American Football:
- Passing Yards Over/Under: Placing your Bitcoin bets on whether a quarterback will throw for over or under a set number of yards.
- Rushing Yards for Running Backs: Bet on the total rushing yards achieved by a running back during the game.
- Touchdowns Scored by a Wide Receiver: Predict the number of touchdowns a specific player will score in a game.
Team Props
Team props allow you to focus on team-specific outcomes. Examples include:
- Total Points by a Team: Bet on whether a team will score over or under a specified number of points.
- First Team to Score: A simple yet popular prop bet that involves wagering on which team will score first.
- Total Sacks by a Team: Bet on the number of sacks a team will achieve throughout the game.
Game Props
Game props are bets that you place on events or moments that happen within the game that are not tied to any particular player or team. These are perfect for you if you enjoy betting on more unique aspects of the game rather than the usual ones:
- Over/Under on Total Turnovers: Predict whether the total number of turnovers will exceed or fall short of a set number.
- Will the Game Go into Overtime?: Bet on the game extending beyond regulation time.
- Total Combined Points: Place your Bitcoin bet on the total points scored by both teams.
Novelty Props
Novelty props are more whimsical bets that can add a fun element to your betting strategy:
- Coin Toss Result: Bet on whether the coin toss will land on heads or tails.
- Will There Be a Safety?: Predict whether a safety will occur at any point during the game.
- Color of Gatorade Shower: Bet on the color of the Gatorade that will be dumped on the winning coach.
Each of these bets gives you an opportunity to have a different type of engagement with the game, making prop Bitcoin bets on American Football is an excellent choice if you want some variety and excitement in your Bitcoin betting experience.
5 Steps to Start Prop Bitcoin Betting on American Football
1. Choose a Bitcoin Sportsbook
Finding a good sportsbook is important. Here’s how you can evaluate one if you are choosing on your own but to save you the trouble, our experts recommend some fantastic options on the GOSUBETTING site too:
- Security and Licensing: Choose a Bitcoin sports betting site that’s licensed and has a strong reputation for security.
- Prop Betting Options: Make sure the Bitcoin sportsbook has a wide range of prop bets on American Football.
- Bitcoin-Friendly Bonuses: Many crypto sportsbooks will offer you exclusive Bitcoin (BTC) bonuses, so be sure to look at all the promotions.
Set Up Your Bitcoin Wallet
Hot Wallets: This kind of wall is great for quick transactions and easy access to your Bitcoin. Keep in mind though that they are connected to the internet, so they are slightly less secure.
Cold Wallets: Offer offline storage for your Bitcoin, providing extra security for larger holdings.
Buy Bitcoin on an Exchange
- Choose a Trusted Exchange: Opt for exchanges that are well known and have a great reputation for buying Bitcoin.
- Transfer to Your Wallet: Once purchased, transfer your Bitcoin from the exchange to your personal wallet.
Make a Deposit on the Sportsbook
- Copy the Sportsbook’s Wallet Address: Make sure that you are sending Bitcoin to the correct address provided by the sportsbook.
- Confirm the Deposit: Transactions are usually quick, and your Bitcoin should be available within minutes.
Explore Prop Betting Markets
- Look for Value: Search for prop bets where you feel you have an advantage based on your knowledge.
- Diversify Your Bets: Spread your bets across various prop types to increase your chances of winning.
Smart Prop Bitcoin Betting Strategies
To maximize your success, try using these recommended strategies:
Do Player and Team Research
The NFL is packed with stats. Dive into player and team data to uncover trends that can influence prop bets. Passing yards props, for example, are easier to predict when you know a team’s defensive stats.
Use Bitcoin’s Speed to Your Advantage
Bitcoin’s fast transactions mean that you can deposit or withdraw funds in real-time, which is particularly useful when it comes to live crypto betting. If you spot a trend during the game, you can react swiftly and bet accordingly.
Follow the Game Live for In-Play Betting
Live betting gives you the flexibility to place your Bitcoin bets as the game unravels live. This is a perfect complement to Bitcoin’s quick transaction capabilities. Watch for shifts in momentum, as this can impact player performance props like total touchdowns or rushing yards.
Focus on Matchups
Matchups play a massive role in player props. If a quarterback is facing a defense that’s weak against the pass, betting on over passing yards can be profitable. Similarly, if a team is known for stopping the run, consider betting under rushing yards for the opposing running back.
Take advantage of Parlay Betting
Parlay betting lets you combine multiple prop bets for potentially higher payouts. For example, you might combine bets on total passing yards, total team points, and total touchdowns. This increases risk, but also offers bigger rewards if you’re confident in your picks.
Key American Football Events
Key events in American Football give you some exciting opportunities for prop Bitcoin betting, as they often have high-stakes action and a wealth of betting markets. Here are some major American Football events to watch for:
The Super Bowl
- Why it’s Key: The Super Bowl is the biggest American football event of the year that gets a huge amount of global attention. It’s renowned for its diverse prop betting markets, from player stats to the coin toss and halftime show.
- Popular Prop Bets: MVP award, total passing yards, player-specific touchdowns, and even entertainment props like the length of the national anthem.
NFL Playoffs
- Why it’s Key: Playoff games are intense and unpredictable, with the best teams competing for a spot in the Super Bowl. Prop bets during the playoffs tend to cover player performances and critical game moments.
- Popular Prop Bets: Total rushing yards, number of field goals, sacks by a specific player, and total touchdowns scored.
Thanksgiving Day Games
- Why it’s Key: Thanksgiving Day games are a long-standing NFL tradition, with millions tuning in to watch. It’s a great day for prop bets due to the massive audience and multiple games played.
- Popular Prop Bets: First touchdown scorer, player to achieve the most rushing yards, and total points scored by a team.
Monday Night Football
- Why it’s Key: Monday Night Football has a prime-time slot and usually features exciting matchups. The single-game focus makes it ideal for in-depth prop betting, as Bitcoin bettors have ample time to research.
- Popular Prop Bets: Number of passing attempts, interceptions thrown, longest field goal, and total tackles by a player.
College Football Playoff (CFP) National Championship
- Why it’s Key: The CFP National Championship is the pinnacle of college football, drawing a huge amount of betting interest. With numerous prop bets available, it’s an excellent event for fans looking to bet on young talent.
- Popular Prop Bets: Total passing yards, player rushing yards, points scored in each quarter, and team-specific props like total turnovers.
Conference Championship Games
- Why it’s Key: These games decide which teams go to the Super Bowl, making them extremely competitive. They’re packed with storylines and prop betting opportunities focused on player stats and game outcomes.
- Popular Prop Bets: Over/under on quarterback completions, total sacks by the defense, number of successful field goals, and player head-to-head props.
NFL Season Opener
- Why it’s Key: The season opener is a highly anticipated game that sets the tone for the rest of the season. Bitcoin bettors are eager to test their research and predictions after the offseason.
- Popular Prop Bets: Player passing yards, total points scored, first team to score, and player props based on off-season acquisitions or hype.
The Pro Bowl
- Why it’s Key: While the Pro Bowl is an exhibition game, it’s still a favorite for prop betting. You can bet on fun and unique prop bets that are different from regular-season games.
- Popular Prop Bets: First player to score a touchdown, number of points scored, total passing yards, and team-specific props like number of interceptions.
Thanksgiving Weekend Rivalry Games (College Football)
- Why it’s Key: Rivalry games are intensely competitive and full of passion. Bettors enjoy placing props on these games due to the historical significance and unpredictable nature of college rivalries.
- Popular Prop Bets: Total rushing yards, specific player touchdowns, turnovers, and the first team to reach a certain score.
NFL Draft
- Why it’s Key: While not a game, the NFL Draft offers prop betting opportunities around team decisions and player selections. It’s a unique way to bet on football and stay engaged in the offseason.
- Popular Prop Bets: First overall pick, total quarterbacks drafted in the first round, and specific team picks (e.g., which team will draft a particular player).
Each of these events offer you unique prop betting angles, and using Bitcoin allows you to access markets quickly and securely as the action unfolds.
Managing Your Bitcoin for Prop Betting
Even with Bitcoin’s lower transaction fees, proper bankroll management is essential for successful prop Bitcoin betting. Here’s how to do it:
Set a Betting Budget
Decide on the amount of Bitcoin you’re willing to risk and stick to the limit that you’ve set. Bitcoin’s volatility can really affect your bankroll, so keeping a close eye on how much you’re betting is key.
Spread Your Bets Across Multiple Props
Rather than putting all your Bitcoin on a single prop, split your bets up across many different props. This helps reduce your risk and gives you multiple chances to win.
Use Stop-Loss Limits
Set a maximum loss limit per game. This way, if things don’t go your way, you can walk away without draining your bankroll.
Take Advantage of Bitcoin Bonuses
Bitcoin sportsbooks will often offer you deposit bonuses, these give your bankroll a boost. Always check the terms to understand how you can maximize these bonuses.
Important Terminology to Know
For beginner Bitcoin bettors getting into prop betting on American football, understanding key terminology can be important for making good betting decisions. Here are ten important terms that every beginner should know:
Moneyline
A bet on which team will win the game outright. For prop betting, moneyline can also refer to bets on specific events within the game, like which player will score a touchdown.
Example: If you bet on a player to score the first touchdown with a moneyline of +200, you’d win $200 on a $100 bet if they score first.
Point Spread
A type of bet that accounts for the margin of victory. The favorite “gives” points, while the underdog “gets” points. For props, spreads can relate to player stats, like passing yards or total tackles.
Example: If the spread for passing yards is set at +5.5, the quarterback needs to exceed the set number of yards for your bet to win.
Over/Under (Totals)
A bet on whether the actual outcome will be over or under a set number. In props, this applies to stats like total touchdowns, yards, or points scored.
Example: If the total points for a game is set at 48.5, betting “over” means you think both teams will score more than 48 points combined.
Parlay
A single bet that links together multiple bets. All selections must win for the bet to pay out. Parlay bets can be made across various props, such as total rushing yards, passing touchdowns, and interceptions.
Example: A parlay might include bets on a player’s rushing yards over, a quarterback’s total touchdowns, and the total points scored over. If any one part of the parlay loses, the entire bet is lost.
Prop Bet (Proposition Bet)
A bet on a specific outcome within a game that doesn’t necessarily affect the final score. Props can be based on player stats, team events, or game occurrences.
Example: Prop bets include placing Bitcoin bets on events like the number of sacks a team will have, whether a player will score a touchdown, or the first team to score 10 points.
In-Play Betting (Live Betting)
Betting on events while the game is in progress. Live betting allows Bitcoin and crypto bettors to place prop bets on real-time outcomes as the game unfolds.
Example: You can bet on how many touchdowns will be scored in the second half while the game is still going on.
Push
A “push” happens when a bet ends exactly on the line set by the crypto sportsbook, resulting in a tie. In this case, the Bitcoin bettor usually gets their original bet back.
Example: If you bet on a player to rush for exactly 100 yards and they do, your bet is a push, and you receive your wager back.
Juice (Vig or Vigorish)
The fee that crypto sportsbooks charge to accept a bet, usually represented as a percentage of the bet. It affects the payout odds.
Example: If a bet has odds of -110, the extra $10 (above the $100 payout) represents the sportsbook’s juice.
Teaser
Similar to a parlay, but crypto bettors can adjust the point spread or totals to make the bet more favorable. However, this reduces the payout odds.
Example: In prop betting, a teaser might involve adjusting the over/under on total points scored and the spread on a player’s rushing yards, combining these bets for potentially lower returns but higher chances of winning.
Futures Bet
A bet on an outcome that will be determined in the future, often long-term. While it’s not strictly a prop, futures betting can include prop-style bets on season-long outcomes.
Example: Betting on a player to win the MVP award or a team to make it to the Super Bowl well before the season concludes is a futures bet.
Summary of Prop Bitcoin Betting on American Football
Prop Bitcoin betting on American Football offers a unique experience for the more experienced crypto bettors and beginners. With the right knowledge, strategies, and a focus on proper Bitcoin bankroll management, you can make the most of your bets and enjoy the fast-paced action that the NFL offers.
By combining the flexibility and speed of Bitcoin with the wide range of prop betting options available in American Football, you’re not just placing bets, you’re diving into a dynamic, entertaining, and potentially profitable betting experience.
FAQs about Prop American Football Bitcoin Betting
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What are prop bets in American Football?
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Why should I use Bitcoin for prop betting?
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How do I get started with Bitcoin prop betting on American Football?
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Are there any unique prop bets available?
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How does Bitcoin volatility affect my prop betting?
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Can I combine multiple prop bets into one Bitcoin bet?
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What are some popular American Football prop Bitcoin bets?
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How do live prop bets work with Bitcoin in American Football?
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Are there any special tips for managing my Bitcoin with prop betting?
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What should I look for in a Bitcoin sportsbook for prop betting on American Football?