Is It Possible To Bet On the Breeders’ Cup Classic With Bitcoin?

When it comes to online betting, we’ve seen major changes in the industry in the past couple of years. One of the most revolutionary changes came alongside the crypto and blockchain technology, which allowed bookmakers to add cryptocurrencies as a betting option on their websites.

Cryptocurrencies promise to have faster transactions, more security, and fewer fees, making them perfect for both bettors and bookmakers.

However, even though the crypto betting industry is on the rise, is there actually any crypto betting companies that allow you to bet and browse the Breeders’ Cup odds using Bitcoin?

Crypto Betting on the Breeders Cup Classic | Is it Possible?

Horse racing betting is already here and there are plenty of websites that offer you a chance to place bets using popular cryptocurrencies like Bitcoin. Even though this industry is currently rising and there are not as many options to choose from, most crypto betting websites allow you to bet on popular horse races like the Breeders Cup Classic.

This means that all the crypto bettors can now place bets on their favorite horse and hopefully win more Bitcoin.

Why Bet on Horses Using Crypto?

Popular cryptocurrencies like Bitcoin are changing the sports betting industry and allowing new options that are not possible with the traditional betting system.

Since Bitcoin sportsbooks are becoming more and more popular, there has to be an advantage to crypto betting that makes bettors choose this method over traditional fiat betting.

Fortunately, there are many advantages that come with Bitcoin betting, and here are some reasons why you should go for crypto bets on the upcoming Breeders Cup Classic.

Faster Transactions

One of the biggest benefits that come from crypto betting is faster transactions. If you are a true horse racing enthusiast, then you can definitely appreciate the speed and with crypto betting, you can withdraw your funds in minutes rather than days.

Deposits and withdraws on the Bitcoin betting website take on average around 20 minutes to process, which is a lot faster than FIAT betting which can take 2-5 days for the banks to process.

Lower Fees

Another important benefit that comes with crypto betting is the lower fees that are really appreciated in the gambling community. Often fiat transfer can take as much as $30 per withdrawal which can eat away your winnings.

However, crypto withdrawals have significantly fewer fees, and as the networks improve, the fees drop even more.

Security

Since cybercrime is on the rise, we all have to be more careful when we make online purchases or add personal information to websites. However, the blockchain technology that powers cryptocurrencies has sorted out this problem by making the network as secure as possible.

If you are using cryptocurrencies that operate on a digital online ledger, all the information is secured and inaccessible to hackers. This means that you can feel safer gambling on crypto websites and don’t worry about your information getting stolen.

Universally Accepted

Another reason why many people choose crypto betting over conventional FIAT betting is because of its global acceptance. Sports betting, especially if we talk about horse racing betting is not available in most parts of the world.

However, crypto betting websites are able to bypass restrictions since they are decentralized and allow people to place money on their favorite horse to win the Breeders Cup Classic. Crypto transactions also help people bypass issues with payment gateways that are not available in their country.

Crypto Betting Websites Offer Plenty of Bonuses and Bets

Crypto betting websites also offer plenty of attractive bonuses for players that are usually higher compared to traditional online betting companies. Additionally, crypto betting websites also have wide range of bets just like any other sports betting company offering traditional bets like Win, Place, Show, Across the Board, and Exotic bets like Exacta, Quinella, Trifecta, and Superfecta.