Sports Bettor’s Guide to Bitcoin Bracket Betting
It’s no secret that basketball has the best Bitcoin betting markets today. Every sports fan can attest that basketball holds the biggest following in the athletic world, so it’s given that you can find a great mix of betting styles and formats to choose from. One popular example is bracket betting.
Commonly used in college basketball, betting on brackets allows sports fans to expertly identify the winners of the event and get paid heaps of money when done correctly. If you haven’t dipped your toes in this betting style yet, we’ll fill you in with this quick sports guide.
How Does Bracket Betting Work?
In Nitro Brackets, the general rule of bracket betting is followed; you predict the outcomes of the entire series even before the first game is played. It’s like mapping out a detailed game plan.
Let’s take March Madness for example. It’s a huge event with over 60 playing teams, each taking a slot for a matchup. Once every team has been selected and given a slot on the table, you will be forming your own March Madness bracket by picking the winner of every matchup from the very first game all the way up to the finals.
Other Sports Events Good for Bracket Betting
While brackets are typically used in college basketball, it wasn’t popularized by sportsbooks for basketball alone. Nitro Brackets can be used for other sports events as well, such as football. Nitrogen Sports currently hosts bracket betting contests for Madden NFL 2020, which is among the popular offerings in the sports sim betting space.
Why Use Bracket Betting?
As exciting as it gets, betting on a sport using brackets is also widely profitable. Apart from the hety prize waiting on the finish line, the odds of winning actual Bitcoins are high because the more correct predictions you make for each game, the more chances you have of winning Bitcoins.
Nitrogen Sports is one of the first sportsbooks that offer a multi-channel platform in online gambling. Bettors get the opportunity to place their bets on sports, esports and play casino and poker all in one place. But at the forefront of this well-rounded wagering experience is the use of the biggest cryptocurrency in the world, that is bitcoin.
This is the newest addition to the growing landscape of online betting and if you want to learn more, the sportsbook offers an all-encompassing instructional content over at Nitrogen Sports Blog where latest news, updates, matchups, betting lines and bitcoin betting guides are published for free.