Based on recent figures, it can be estimated that sixty percent of any kind of transactions performed using bitcoin worldwide are transactions that are related to the crypto currency betting industry. In fact, there is no other way to verify the figure, but it could be a lot higher as people in countries that have banned cryptocurrency are finding a way to fund their bets under the cover of something else. It is reported that back during 2018 the World Cup, there are a lot of people found a way to bet using online betting crypto currency despite it being illegal in their country, finding a loophole around the technology as well.
It’s not easy for us to say which bitcoin sites are legal in India. As Livebid crypto currency in India is offering the finest odds, while the other bookmaker crypto currency betting broadest choice of sports. There is a cold hard truth that required to be recognized when entering the sports betting market. Bookies are out to make money. They are not there to do you any favour, they are there for you to try and win because they aren’t just going to give money out left right and center. So entering crypto currency sports betting people want to find a good bookmaker, preferably one of the best bookmakers around because this will increase and improve their own experience of online crypto currency in India and it all starts with market value as well.
We, Livebid cryptocurrency bookmaker claim to fame is their honesty and privacy. Honesty and privacy keep them under the radar from regulators as well. We also believe the perfect solution for the player or bettor is keeping his money in his own wallet. And the same their payouts are complementary payouts so they can withdraw the balance as often as they want.
The speed of payment process is a few minutes and many times within seconds of your supplying a bitcoin address. That is why Livebid has the reputation of being the safest online betting sportsbook. We are the best crypto currency betting sites in India popular day by day and as a result, we are presenting our betting website for the bettors of India who wants to bet on online betting sites on their favorite matches or games weather its Cricket, Football, casino, or any other sports. The recent development in India related to legalizing of gambling on sports is in the progress. But according to the experts - if we make the betting on sports legal then it would keep criminals at bay and yield revenue to government coffers.
Indian Cryptocurrency Gambling Illegal
Despite the things, the existing prohibitive legislations, there is extensive illegal gambling throughout the country. The Indian crypto currency gambling market is estimated to be worth billions per year, of which about half is illegally bet. According to the News reporters, the Chief Executive officer for the International Cricket Council (ICC) stated that he was in favor of legalizing sports bitcoin betting.
He believes that the illegal funds profited are through underground bookies that used the money to fund terrorism and drugs. In India betting on cricket is not legal as such. At the present time, the person placing the bitcoin bet is at the mercy of all bookies as they have no legal right to have their bets realized. Anyway, we are going to make a list of all the best and trustworthy online sports bitcoin betting websites which accept bettors from India to bet on their website without any problem or issues.
Online Sports bitcoin Betting Sites that accept Bettors from India are Livebid, 1xbet, Dafabet, 888Sport, BetFred, Betfair, mBet, BetOnline and many more.
As we know betting in India is illegal and the Government has created a law for that, but it is still vague on online/offshore bitcoin betting, hence people of India are freely bet on online betting sites such as Livebid, bet365, 1xbet, 10Bet and many more. These offshore bitcoin betting sites are making huge profit at the time of cricket matches like IPL, CLT and Cricket world cup matches as most of the Indian Punters or wagers bet on these matches. The government of India can't question these sites as they are licensed and regulated under British Law. On the other hand, I would recommend or suggested you sign up at Neteller.com or Skrill.com (which was previously known as Money Bookers) if you have not already signed up at these sites.
These sites cater to you like online banking which is stated as an e-wallet where you can transfer your funds from your bank account or Debit card & Credit card and then use the same funds for the betting purpose on the cryptocurrency betting sites. Neteller and Skrill are the best deposit and withdrawal options for Indian Bettors. If end-user are using such kind of e-wallets for the online betting purpose then no one will understand seeing your bank account statement that where you have. Livebid makes bitcoin sporting events more exciting and offers customers the opportunity to earn money almost instantly.
Live Cryptocurrency Sports Betting in India
The live crypto currency betting site is becoming extremely competitive with thousands of sites to choose from in 2020. In response to the risen in competition, online betting crypto currency is now providing more crypto bonuses and benefits to attract & allure more end-users and high rollers. Bitcoin bets and cryptocurrency betting have become more attractive due to fast deposits and withdrawals, low fees, and a larger selection of sports & games that can be played using Bitcoin. Bitcoin sports betting sites have flooded the target market during the last some years, adding to the exponential growth of the industry as a whole.
Several kinds of statistics were published and documenting some thought-provoking a lot of across the Bitcoin gambling industry as a whole. These kinds of statistics complement the underlying potential of the faster-growing sports betting cryptocurrency industries.
As a result of tiresome hours and draining nights in front of their respective machines, blockchain and cryptocurrency makers have blessed betting enthusiasts with splendid and astonishing incentives to participate in cryptocurrency sports betting in India, which is why the number of Bitcoin sports betting sites is growing each and every year. As keen crypto and sports betting firm enthusiasts, we have never disappointed with the sports betting offers available to us, especially live casinos, and have no time at all for those sites that require you to purchase some random token from an exchange, effectively gambling twice.
So, as a group of loyal buddies that wanted something better, we built something good; is Livebid app. While we are conscious that this may come across as blatant advertising, it is not supposed to do so.
Our this article is very informative, and have a genuine passion for the subject matter, as it is clear you do and, as such, we wanted to introduce you to one of the "homemade" alternatives. In short, we have built Livebid bitcoin betting app as something of a hobby project to offer home sports betting by using a risk-enhanced pari-mutuel model that not only creates in-play betting possible, but turns it into something much more strategic, thriller and, we think it’s more engaging than standard fixed odds in-play - presenting some really amazing opportunities for our regular customers and die-hard sports betting fans.
Benefits of Using Cryptocurrency to place your bets
As you can see there are a lot of advantages and benefits to using Cryptocurrency to place your bets, and it is likely that this type of betting will only increase in the future as more people put their trust in Cryptocurrency. As you transfer funds on a regular basis you will understand how it works exactly and looks out yourself completing transfers with ease, while when you get onto the Livebid bookmaker website, you will find bitcoin betting with them very much like the betting you do now.
There are several crypto sports betting sites gaining steam are 1xbet, Sports Bet, BetOnline, although Livebid is a popular option for Bitcoin and crypto sports betting for many reasons, including their neat end-user interface, and the variety of sports we offer. While we do offer a welcome bonus, they are one of the most generous cryptocurrency assets around in terms of VIP perks, cashback, and bonuses.
- Easy and simple registration. Enter your username, password and email address, and you’re ready to play.
- Each and every account is anonymous.
- Livebid has social betting like we have an active public chat room and forum. Additionally, punters or wagers can decide to make their bets public for anyone to see.
- The available platform for lots of sports and live games.
- Always live support.
- The team of Livebid always takes care of their customers. They have publicly proved (on forums) to resolve disputes with players when they arise.
- Deposits and withdrawals easier and simpler to make.
- Withdrawals are instant and fast.
- We provide a lot of VIP Perks.
- The website layout is simple and modern hence; easy to navigate.
- Unique, low odds, live casino are also games available
- Fine and excellent from a legal standpoint.
- Great user-experience.
- Provide a lot of payment gateway methods accepted: Visa, MasterCard, Skrill, Neteller, Goggle pay, and more.
- Organize a large range of live betting events as comparing other cryptocurrency betting sites
We do not require any kind of player or bettor’s personal data. Moreover, cryptocurrencies are stated to be decentralized digital cash which means that the gambler and crypto sports betting site or sports bitcoin betting sites interact directly, with no intermediary between them. With cryptocurrency, end-users send their bets straightly from their personal e-wallets to the casino’s wallet faster and cheaper. When the time comes for them to claim their winnings odds, withdrawals also can be done very quickly as well.
Several sites even have automated gateway payouts; straightly back to the end-user wallet. Being one of the toughest sports bitcoin betting site industries, gamblers or wagers have frequently experienced the passing of laws impacting the accessibility of gambling facilities on a global scale, whether physical or digital. This is specifically true for foreign customers.
Bitcoin Crypto Currency Gambling Laws
With Bitcoin, many users have been able to surpass local bitcoin crypto-currency gambling laws due to weak know-your-customer (KYC) requirements of early cryptocurrency days. This was the result of under-regulation. Now, there are fully anonymous gambling sites like Livebid, Royal Panda, 1xBit and so on which are still accessible via a discrete VPN service from anywhere in the world. As for the events on offer, Livebid offers bitcoin betting on a great selection of tournaments, leagues and matches in various different sports in India with a selection of payment mode solutions for our customer convenience. After making a deposit sports fans or bettors can place bets on football, tennis or cricket with no restrictions. As we strive to meet our customer's or wager's needs, desires and requirements as well. Nevertheless, Livebid betting site will make feel like home even if sports fans or bettors are a new beginner.
If you have just recently joined the online bitcoin betting platform, it’s Livebid you should join!
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