When we say ‘real-world’, we mean any event played competitively between two or more players – because as we’ll find out a little later, you can also use Bitcoin betting to speculate on video game tournaments, or ‘Esports’.
Just like placing bets on traditional sportsbook operators, such as Coral or William Hill, Bitcoin sports betting lets players place a bet on the outcome of a real-world sporting event. The most popular crypto used for betting is Bitcoin, however, there are multiple operators that let you place bets with a variety of cryptocurrencies. Like crypto gambling and bitcoin casinos, sports betting (also known as sportsbook) lets you gamble and place bets with cryptocurrencies.
