Sports Bettors -- The Best Way to Deposit? Bitcoin!!



Virtual currency, like bitcoin, is a fast and easy way to deposit at top online sports books.

What is the best way to make a deposit when you want to open up a sportsbook account?

VietBet has a great answer for you.

More and more people are getting familiar with Bitcoin, but for those who aren't, this is a virtual currency that trades like any other currency. The way it is produced is that it is "mined" through high speed calculations over the computer. Since it is unlikely that you are going to do that, what you would likely do is go to an exchange to acquire Bitcoin, or BTC in abbreviated form and buy them for US dollars or whatever currency you have (we're not in the business of recommending anyone in particular, but run "bitcoin exchanges" through Google and see what you come up with).

There is nothing shady or untoward about operating with Bitcoin. It is a fully viable currency and it is being used around the world. Plenty of companies are heavily vested in it, and if you know anything at all about it, the demand and value has skyrocketed since it was first introduced.

bitcoin sportsbook depositsThe strength in Bitcoin is that it is not "governed" by a central authority. In other words, no country runs it, and therefore they can not elect to simply manufacture more of it. There is a limit to how much BTC can actually be produced. Because it is not connected to a governing mechanism, it is truly universal and democratic.

Now let's get into how that plays to the advantage of the sports bettor, and why more and more online casinos and sportsbooks are accepting deposits with BTC.

While it is true that Bitcoin has proven to be a very lucrative business decision for those who got in early, that is not what we are centered on.

You see, aside from being a currency, Bitcoin is also a "protocol," in that is a method of exchange, which is done strictly on a peer-to-peer basis.

What does this mean for sports bettors at VietBet.eu? Well, there are a fair amount of you who have a little trepidation about revealing sensitive financial information, such as a credit card number or bank account number, to someone who may be located offshore and they've never done business with before. And that is understandable. Even for those outside of the United States who use an e-wallet to open an account, there is bank or credit card information that has to be given to *somebody*.

But when you make use of Bitcoin, you aren't revealing any of that at all.

What you have is a Bitcoin "wallet," with a designated number, and each transaction has a different code. In fact, transactions that are done in BTC, as a rule, are anonymous, although you will supply your name when opening up a sportsbook or casino account.

One of the critical things to remember is that because of the nature of the transactions, in addition to the fact that they are peer-to-peer (P2P, for short), no one needs to know where you live, and you are leaving no financial "footprint" that gives any indication of such. There are no credit card numbers, bank account numbers, or origination points of person-to-person transfers (such as Western Union) that can be traced to an individual. This tears down any possible barriers that may exist for customers from the United States who want to open an account.

Another huge bonus is pure SPEED. Because Bitcoin transactions don't have to be "filtered" through any financial institution or services company, they go directly to the recipient. As a result, they are completed instantaneously, without any kind of review process. This enables you, as the sports bettor, to get into the action faster than any other deposit method available.

*And one more thing, because there are no middlemen to take a piece of the pie, Bitcoin transactions at VietBet incur no transaction fees, so this is most definitely a route you should consider!...... Get reduced juice, in addition to thousands of wagering possibilities, including props, futures and in-game action through Live Betting Ultra.........Payouts are lightning-fast, often within 24 hours for BTC transactions, and you can also take advantage of tremendous customer service which is ready to help you in Vietnamese, Chinese, Cantonese, Mandarin, Spanish or English!*

Vietbet.eu is your international headquarters for the best in sports betting action, offering sports wagering in English, Vietnamese, Mandarin, Cantonese, and Spanish.


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