eSports Betting with Bitcoin

Antoan Vasilev | 2017-08-05 |

eSports have made their way through traditional sports to become one of the best-betting markets. Bitcoin, by its side, made a revolution in payment methods. Find out what happens when the cryptocurrency and electronic sports meet in our detailed eSports Betting with Bitcoin article!

A Little Information About eSports

The development of the eSports scene in past years has been massive. The expectations are that the market will continue to grow more and more in 2017. It is not a surprise that eSports are already offered by most of the famous sportsbooks operating worldwide.

From small computer labs to the biggest halls, theatres, and stadiums in the world, electronic sports competitions continue to gain popularity and are already a preferred betting option for a lot of the sports bettors. And why not? The biggest prize funds of eSports events and tournaments are no way inferior to the traditional sports competitions. The emotion and intensity are equal to any other sport, so betting on gaming is something really exciting.

What is a Bitcoin?

Bitcoin is a the most popular cryptocurrency and payment system in the world. Created by a group of programmers called Satoshi Nakamoto, Bitcoin started on the 31st of October, 2008. The system is peer to peer and the transactions are placed between users directly. But what is the connection between eSports and Bitcoin? Of course, it is related to the betting. Some of the sportsbooks give you the chance to bet on matches through the Bitcoin system.

Electronic sports are considered as one of the betting markets with the greatest potential in the world. Bitcoin itself is the first virtual currency ever used. What happens when these two meet?

eSports Betting with Bitcoin

Who, if not Pinnacle, can give us the chance for eSports betting with Bitcoin? They are the best sportsbook when it comes to eSports, and are one of the few offering that way of payment. But how do you do it?

In order to deposit and use your Bitcoin on Pinnacle, you need to register at OleBitcoin, which is an agent that helps you join sportsbooks using the cryptocurrency. After the registration, you will be able to use your Bitcoin on Pinnacle and place some bets on eSports.

Nowadays, eSports betting with Bitcoin is not something usual. Still, if you are a fan of the virtual currency, you have the opportunity to bet through Pinnacle. And don’t forget that this is the bookie with most eSports betting markets and some of the best odds. So you won’t miss any action. That’s for sure!