Best Binance Coin Sportsbooks

Reviewed by

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Reviewer face
Reviewer face
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Viktor T., Kathleen M., Zachary R., Nicholas W.

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BetOnline
Sports Rating
8.70
Available in
Visit BetOnline
See other choices

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+236

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Intro

This comprehensive guide outlines our top-rated Binance Coin sportsbooks in 2022.

We feel it is necessary to provide this information given the enormous number of sportsbook platforms to choose from, a figure that continues to grow exponentially.

Naturally, we realize that some readers are keen to discover the top 7 sportsbooks with BNB for 2022.

Without further ado, we’re happy to announce our list includes:

Best Sites

1.

BetOnline

Sports Rating 8.70
Available in
Available in United States
8.70
Bonus: 
50% Welcome Bonus up to $1,000
Description: 

BetOnline is an online casino with higher than average betting limits. It offers sports betting, poker, casino, esports, and lots of bonuses throughout the year.

General Information

Year founded: 
2004
Cryptocurrencies: 
Binance Coin
Ethereum
Litecoin
Bitcoin Cash
XRP
Stellar
Cardano
Tether
USD Coin
Dogecoin
Solana
APEcoin
Avalanche
Bitcoin
Chainlink
Polygon
SHIBA INU
Languages: 
English
Licence(s): 
Panama Gaming Commission

Anonymity

BetOnline does not offer anonymity. You must provide your country, postal code and phone number just to open an account. 

Reputation

BetOnline has a fair reputation depending on who you ask. They offer a wide variety of betting options but there are also many complaints against them.

Play on BetOnline
2.

Stake

Sports Rating 9.48
Not Available in
Not Available in United States
9.48
Bonus: 
Exclusive 10% Lifetime Rakeback using code MANIAKS
Description: 

Stake is a popular option for betting crypto on sports and casino games for many reasons, including their neat user interface, and the variety of sports/games they offer.
While they do not offer a welcome bonus, they are one of the best crypto gambling sites around in terms of VIP perks, cashback, and bonuses.

General Information

Anonymity

Stake doesn't require much information when registering. To complete your first deposit, you will be required to complete KYC level 1, which means you will have to share basic information such as name, DOB and residential address. This information can be changed later down the route.

Like most of its competitors, for regulatory reasons, Stake reserves the right to ask for further KYC documentation to confirm your identity and location. However, Stake is known to be privacy-friendly, and most players won't ever need to complete this step.

Reputation

Stake offers and recommends activating 2FA (2-factor Authentication), which continues to establish itself as the new normal for a secure log-in method.

Pros and Cons

Not Available in United States
3.

Cloudbet

Sports Rating 9.25
Not Available in
Not Available in United States
9.25
Bonus: 
100% Welcome Bonus up to 5BTC
Description: 

Cloudbet is a sports-focused gambling site that also offers casino games. The site offers a wide selection of games and sports to bet on. 

General Information

Anonymity

Cloudbet offers anonymous play. The site is also very secure with SSL and two-factor authentication.

Reputation

Cloudbet has received some complaints about slow payouts and poor service. Most of the complaints they have received were quickly resolved. 

Pros and Cons

Not Available in United States
4.

Thunderpick

Sports Rating 8.91
Not Available in
Not Available in United States
8.91
Bonus: 
100% up to 200 EUR
Description: 

Thunderpick is a very robust casino and sportsbook offering end-to-end crypto gambling. This review details everything you need to know about Thunderpick. 

General Information

Anonymity

Thunderpick does allow you to generate anonymous accounts. They only require you to sign up with an email and verify your age as being over 18 years old. You also have the option of signing up with your Google, Twitch, or Steam account.

Reputation

The background of the management company, Paloma Media B.V., is unclear but there were also no credible complaints of the platform. This is often more important in online gambling than knowing the background of the management. 

Pros and Cons

Not Available in United States
5.

BC.Game

Sports Rating 8.62
Not Available in
Not Available in United States
8.62
Bonus: 
Various promotions available; see site for details.
Description: 

BC.Game is an exceptionally designed casino with awesome promotions and 50 cryptocurrencies to deposit! From a chance to win 1 Bitcoin to a VIP system with exotic vacations, there’s always a promotion to play for!

General Information

Anonymity

You can remain anonymous to create an account and deposit crypto, but BC.Game may require KYC when you withdraw your funds.

Reputation

BC.Game has a stellar reputation, with few complaints received. With a license from Malta Gaming Authority and many ways to contact the company, your crypto will be safe with them.

Pros and Cons

Not Available in United States

Why Should I Make the Switch to BNB on Sportsbooks?

If you’re reading this, you’re probably interested in using Binance Coin sportsbook companies but still want a few questions answered.

After all, the whole crypto market remains a mystery to many people despite being exposed to a relatively large audience.

In our experience, most people who play with Binance Coin on sportsbooks have no interest in returning to fiat websites.

Below, we outline a multitude of reasons why this is the case.

Fiat’s value continues to decline annually

Fiat money is legal tender backed by the government that issues it.

It has no intrinsic value, and its worth is determined by economic supply and demand and interest rates, among other things.

Examples of well-known fiat currencies include the U.S. Dollar and the Euro.

Hyperinflation, a term that describes rapid, out-of-control price rises in an economy, is one of the biggest downsides of fiat.

When the Federal Bank of St. Louis took a close look at inflation recently, it discovered something concerning.

The financial institution set the dollar’s value at 100 in 1983, and found that in 2021, this figure had fallen to 37.

In real terms, this means that a dollar from 1983 would purchase just 37 cents of goods and services in 2021.

The increase in earning power has been nowhere near as high as inflation during this period.

In fact, since the end of the 1970s, wages have increased by under 1% annually, a percentage that’s significantly below inflation.

Ultimately, holding on to fiat will only make you less wealthy in the long run.

Why do we keep using fiat?

Governments like fiat money because it maintains their iron grip on the economy.

Banks generally decide the ‘who,’ ‘how,’ and ‘why’ of fiat currency.

It is time for us to move away from fiat, and Binance Coin is the future of money.

Proponents of crypto point out that it can act as a hedge against inflation, ensuring you retain a reasonable degree of purchasing power.

Anonymous usage

Sportsbooks regularly make the process of depositing cash a real hassle.

Realistically, you can’t use your debit/credit card or deposit via a bank transfer.

Financial institutions habitually punish people who use sportsbook companies.

If a sportsbook transaction appears on your bank statement, you’ll encounter real problems if you ever look for a loan.

For instance, the bank will likely reject a mortgage application solely because you used a betting site once or twice.

Even if you’re only a casual user, this is likely the case.

Binance Coin changes the game because it keeps banks in the dark.

There is no third-party involved in cryptocurrency, so there is no easily accessible record of your transactions.

In other words, when you deposit Binance Coin on sportsbooks, your bank will never know.

This process gives you control of your money with no evidence of what you use it for, which is one of the main reasons why crypto exists.

The value of cryptocurrency could rise significantly

There’s no question that Binance Coin is volatile with rapid rises and falls a regular occurrence.

Even so, over a long period, there’s a chance that digital coins will offer a sizeable return on investment.

Realistically, the trillion-dollar market cap that the cryptocurrency market reached is only the beginning of its journey.

With worldwide wealth estimated at over $430 trillion as per Forbes, Binance Coin is likely only in its infancy as far as value is concerned.

Compare this to fiat, which seems as if it is on a death spiral.

Even if you seldom use sportsbooks, by registering and playing with Binance Coin, you might find your balance growing without much effort.

Full control over your money

Binance Coin doesn’t just offer better growth potential than fiat; it also enables you to take control of your money.

With no bank interference, things suddenly get a whole lot easier.

Crypto is hitting the mainstream

Bitcoin was seen as the only cryptocurrency worth mentioning for a long time.

Nowadays, the public is familiar with a wide variety of digital currencies.

There is a widespread acceptance of crypto in the ‘mainstream’ as its use certainly isn’t confined to online playing.

A growing number of countries are embracing crypto and permitting its use, even though it still isn’t classified as legal tender.

One exception is El Salvador, which adopted Bitcoin as legal tender in September 2021.

Other nations are set to follow suit, most likely Panama, Guatemala, and Paraguay, with more sure to follow.

The crypto shield

Once you purchase BNB, it is easy to register with sportsbooks, where you can deposit and withdraw with few difficulties.

Sadly, this isn’t always the case with fiat and sportsbook platforms.

In the UK, for example, a new regulation in April 2020 caused havoc for many people who didn’t know about it.

When people completed their first deposits on sportsbooks, they didn’t realize that the bank would prevent them from accessing their accounts.

Furthermore, it took weeks for banks to remove the restrictions in some cases.

At this point, banks threatened customers with further action if they tried to make any further deposits of that nature.

As long as you use a trustworthy sportsbook that accepts Binance Coin, the above problem won’t happen when you use Binance Coin.

Get past geographical restrictions

There are a few countries that prohibit any form of gambling.

If you happen to live in such a location, you can forget about playing on a regular sportsbook platform.

This is because your use of fiat currency is easy to detect.

Yet, if you intend to break the law, you can find a Virtual Private Network (VPN) to remain hidden when you use Binance Coin sportsbooks.

With a VPN, it becomes possible to remain anonymous online due to the protected network connection it creates.

When you use Binance Coin on sportsbook companies, you also enjoy a significant degree of anonymity.

Ultimately, you can adopt the strategy outlined above to play on sites no matter what the laws state in your country.

There are also end-to-end Binance Coin sportsbooks that willingly accept customers from countries where playing with money is illegal.

Disclaimer

The content we’ve written above is for informative purposes only.

We are NOT advocating or encouraging any form of illegal activity.

Those who get caught will likely face serious punishments.

Suppose you live in the United Arab Emirates; if you’re found guilty of gambling illegally, you could spend up to 24 months in prison.

Also, Binance Coin sportsbooks that accept users from countries where playing is illegal are seldom trustworthy.

If they find out where you live, take your funds and close your account, you’ll have to accept it.

We take no responsibility if you break the law so remember, it is your decision!

You have been warned!

Faster Payouts

Those who have used conventional sportsbooks know all about the pain of waiting for a payout to go through.

The banking system and its bureaucracy is the main reason.

It is a far different story with BNB sportsbooks because significantly fewer regulations bind them.

Don’t think this means a complete lack of regulation; bodies such as the Curaçao Gaming Authority do a fine job keeping things in order.

Yet, you still have the advantage of fast payouts because of a scarcity of red tape.

Binance Coin itself also allows for quick-fire payouts.

High deposit and withdrawal limits

The limits on deposits and withdrawals associated with fiat-accepting sportsbook platforms are problematic for some players.

While you’re encouraged to deposit a fair sum of money, it’s a different story when the time comes to collect your winnings.

Why? That’s simple. It’s common for sportsbook companies to limit withdrawals.

Indeed, you will probably need to provide documentation if you want to get a hold of a decent sum of money.

Another standard sportsbook platform trick is to close winning players’ accounts or implement restrictions on the amount they can play.

At this stage, you’re lucky if you can make plays worth more than a couple of bucks.

The relatively low level of regulation associated with Binance Coin sportsbooks enables them to allow more generous withdrawal limits.

Indeed, our team uncovered numerous sites with NO transaction limits!

Due in part to greater competition, such sites are also less strict regarding restrictions and bans for being successful at playing.

Contemporary

A few traditional sites permit you to use Binance Coin.

Unfortunately, this does nothing to improve the general transaction speed, nor does it impact deposit/withdrawal limits that much.

You often deal with old-fashioned design, poor value bonuses, and dreadful customer service.

If you’re looking for a modern-day experience, sportsbooks that accept Binance Coin are a long way clear of their conventional counterparts.

With better design, well-trained customer service agents, and a vast array of bonuses, these sites bring things to a whole new level.

How to Choose a Suitable Binance Coin Sportsbook

Your criteria for picking the best Binance Coin sportsbook company may not be the same as the next person’s.

Since one reader may have a different idea of what’s crucial to a good UX than another, we examine various details in every single one of our BNB sportsbook reviews.

Below are some of the most relevant.

Sports and sporting markets

The top-ranked Binance Coin sportsbooks on our list can match or even exceed the range of sports and markets that standard sportsbooks let you play on.

You’re catered to whether you love golf, basketball, American football, or rugby union.

If that isn’t enough, there are thousands of markets waiting for you to play BNB on.

When it comes to playing on sports, it is all about getting the best odds if you want to win in the long run.

We recommend checking out a few of the Binance Coin sportsbook platforms on our list and comparing their markets.

By doing so, you’ll possibly find that one site is the #1 for value odds.

Yet, it is also sensible to investigate the overall sports and market quantity to determine if the site is a good fit for you.

Is the Sportsbook end-to-end crypto or not?

The difference between sportsbooks that accept Binance Coin and specifically end-to-end crypto sites is massive.

Keep reading to learn why you could lose money by making the wrong choice.

Traditional Sportsbooks

It is folly to believe that traditional sportsbooks which happen to permit Binance Coin are useful.

Once you put Binance Coin into your account, it’s the last time you’ll see it for a while.

The site instantly converts it into fiat and turns it back into crypto when you withdraw.

In essence, at no stage do you ever have the chance to use BNB on such sites.

If that isn’t enough to put you off the process, you also pay deposit and withdrawal fees.

Consequently, end-to-end BNB sportsbooks are your only option if you’re convinced that the price of Binance Coin will increase.

Why choose end-to-end Binance Coin Sportsbooks?

As you can probably guess, end-to-end BNB sportsbooks allow you to perform all transactions in digital coin form.

Therefore, you always have crypto in your account, meaning you lose money if its value falls but benefit from any bull runs.

Certain Binance Coin sportsbooks even accept a handful of digital currencies.

Look for the following features if you plan to use end-to-end crypto sites:

  • Anonymous play

  • Quick deposits and withdrawals

  • A relative absence of transaction limits

  • Unfortunately, some Binance Coin sportsbook platforms fail to provide the above, so we invite you to go through our reviews to find the ones that do.

Bonus standard

Regular users of sportsbooks know that there is an array of different bonuses on offer.

To simplify matters, we’ve divided this section into three subcategories.

The welcome bonus

A significant proportion of sportsbooks that accept Binance Coin offer bonuses when you sign up.

Such sites work hard to convince you that they’re doing you a favor.

One of the best examples is when the site matches your first deposit, effectively doubling your money.

In this case, the sportsbook accepting BNB awards you $200 if you deposit $200, so your starting balance is $400.

Alas, it is too good to be true because of the major restrictions included.

Some BNB sportsbook companies force you to play at least 30 times your deposit before you’re allowed to withdraw ANY money.

Consequently, you must make at least $6,000 worth of plays with a $200 initial deposit before getting any money.

As such, you’re going to lose that $200 unless you have a massive win, which is highly unlikely.

This is why it makes sense to focus on a site’s VIP package or the quality of its promotions.

VIP package

Big players at casinos expect preferential treatment in the form of upgraded accommodation, sports tickets, and free meals.

Obviously, Binance Coin sportsbooks cannot do this, but most of them try to make big spenders feel special via a VIP program.

The best sites offer innovative rewards programs to loyal players.

A common example is to offer a points system where you receive 1 point for every $1 you spend.

Once you reach 1,000 points, you receive $10 cash back with no other strings attached.

These programs are often an effective means of keeping high rollers loyal to a specific sportsbook.

Other VIP program perks could include special gifts and access to unique games.

Sadly, plenty of BNB sportsbooks fail dismally regarding their VIP offerings.

Our Binance Coin sportsbook reviews include detailed information on the standard of VIP programs available.

Are the promotions worth your time?

The frequency of promotions is less important than their standard.

Sites that provide a constant stream of promotions are often guilty of diluting the quality.

Indeed, most traditional sportsbooks don’t bother attracting users via innovative promotions.

Such sites are more concerned with providing bonuses that are effectively useless to the player.

In contrast, BNB sportsbooks understand that great promotions bring customers and keep them loyal.

The result of better rewards is a vastly improved user experience.

Payment options

Regardless of everything else offered by Binance Coin sportsbooks, they’re best avoided if they fail to ensure quick and easy transactions.

When reviewing these sites, we look into withdrawal speed and limits, along with the number of cryptocurrencies you can use.

How quick are withdrawals?

In general, if you use Binance Coin, you will benefit from incredible transaction speeds.

Certain cryptos can handle tens of thousands of transactions per second, while others can only deal with a handful in that timeframe.

Given the market’s competitive nature, sportsbooks that accept BNB understand the need for speed, and some offer virtually instantaneous withdrawals.

You can rely on us to inform you of the sites with the best withdrawal times, as well as warning you of slow-acting sites.

Maximum withdrawal limits

Conventional sportsbooks are notorious for implementing irritatingly low withdrawal limits.

In general, you’re lucky to get a maximum of $10,000 in a week, but some have even lower limits.

Imagine winning $100,000 in this scenario; it would take almost two and a half months to withdraw it!

Fortunately, there are no such issues with the best sportsbooks accepting BNB , as they offer generous withdrawal limits.

Indeed, we know of a few sites that don’t bother implementing a maximum limit!

With this in mind, you know that a gigantic win can be transferred in moments.

Cryptocurrency choice

Already, thousands of cryptocurrencies exist, with more created almost daily.

Sadly, the majority of these digital assets will fail.

As a result, you shouldn’t expect sportsbooks that accept BNB to offer you the option to use dozens of digital assets.

Regardless, highly rated sites permit the use of BTC, ETH, and several other cryptos with mainstream exposure.

Can you Play in your country?

Even today, dozens of countries don’t allow gambling of any kind.

Yet, individuals living in one of these locations register with BNB sportsbooks and play despite the ban.

Top-rated BNB sportsbook platforms support users in the vast majority of nations where playing on sports markets or casino games is legal.

Those who look to create an account from an illegal country cannot do so.

Sadly, shady BNB sportsbooks don’t do you this courtesy and are happy to take money from anyone.

It is an easy way for them to make money since they can place the blame solely on the user.

Once you deposit money, however, they ask for verification details and ban you while withholding your money.

Some eager gamblers hide their location with a VPN to bypass geographical restrictions.

Well-respected BNB sportsbooks will quickly suspend you if they uncover your deception, but you should get your account balance back.

Your biggest concern is ensuring that the authorities don’t know about your illegal actions!

Trustworthiness of the Binance Coin Sportsbook

Once you make BNB transactions, there is no way to reverse them, a fact that’s a blessing and occasionally a curse.

Without putting pressure on you, a slight mistake during a transaction is enough to lose everything you send.

This is also the case if you register with a dubious sportsbook that accepts Binance Coin that steals your cash.

Binance Coin is decentralized, meaning there are no intermediaries such as banks, brokerages, or exchanges to complain to if something goes wrong.

As a result, you must find as much relevant information on BNB sportsbook companies as possible before using them.

While we encourage you to conduct research, we also invite you to read our reviews.

As well as delving into every sportsbook with Binance Coin as players, we find out everything we can from actual site users.

The result is a review that highlights a site’s trustworthiness and any red flags.

Customer support

Never underestimate the importance of a high-quality customer support team.

If the BNB sportsbook fails in this regard, you’re left floundering if there’s a problem with your account.

No matter the issue, if there’s an experienced and helpful agent around, you’ll feel less frustrated.

Our team investigates the general standard of customer service on every site we review.

This includes details of our interactions with several agents, emphasizing speed and helpfulness.

Does the Binance Coin Sportsbook Provide a Diverse Range of Playing Options?

The Binance Coin sportsbook sphere is hotly contested, and only sites that offer a superb range of sports and markets will succeed.

Our reviewers have gauged the quality of the sports markets on offer, and you can use this information to make an informed decision on the site you choose.

Sportsbook Accepting Binance Coin Sports & Available Markets

Those who enjoy sports betting will love the remarkable choice provided by Binance Coin sportsbooks.

Apart from checking out the sports and betting lines, our sportsbook accepting Binance Coin reviews ensure that the site’s odds are worthwhile.

Betting experts know that they can forget about making a profit without the right pricing in a sports market.

Keep reading for information on five sports favored by crypto site users and information on the top markets.

The eSports markets worth focusing on

The electronic sports market has attained legitimacy amongst the public.

Indeed, eSports attracts an audience of several hundred million fans, making it incredibly lucrative for top performers.

As the name suggests, eSports involves experts playing video games in organized leagues.

Popular games include Counter-Strike: Global Offensive (CS:GO) and League of Legends (LOL).

You can treat eSports as you would their traditional counterpart in betting terms with the following markets available:

  • Match lines

  • Event winner

  • Match handicap

  • First kill

  • Map totals

If you’re planning to play on esports, learning as much as possible about them is essential.

However, we’ve created an overview of five well-known games on Binance Coin sportsbooks to help you get started.

Rainbow Six: Siege

Developed by Ubisoft in 2015, Rainbow Six: Siege is now regarded as one of the top esports games.

This First-Person Shooter (FPS) is played by two teams of five competitors who must defend or attack.

There are over 50 characters (also known as operators) to choose from.

Experienced gamers understand the strategy involved in selecting an operator, which is similar to DOTA 2 and League of Legends.

Rainbow Six: Siege differs from other popular FPS games insofar as you have the option to damage terrain.

When used correctly, this unique game aspect enables you to create innovative ways to defeat opponents.

Call of Duty

Also known as CoD, Call of Duty ranks highly in the world of First-Person Shooter (FPS) games.

In esports, two teams play Call of Duty and try to earn a victory in different game modes, including:

  • Hardpoint: Teams score points for every second they control the ‘hardpoint’ area of the map.

  • Domination: In this CoD game, each team tries to control three static objectives denoted by flags with points earned for how long you keep the flags under your control

  • Search and Destroy: Each player has only one life, and the attacking team must plant and detonate bombs at one of two bomb sites; the defending team must stop them

The world’s best Call of Duty players compete in a league dedicated to the game.

DOTA 2

DOTA 2 allows players to select from over 100 characters and is regarded as one of the world’s best multiplayer online battle arena (MOBA) games.

Competitive DOTA 2 sticks to the “two teams with five players apiece” esports formula.

Winning at this game involves destroying the opposition’s “Ancient,” a massive structure located in the heart of their territory.

Few esports games are as widely played and watched as DOTA 2.

The International is the main DOTA 2 tournament; it takes place annually and features 30 teams.

League of Legends

Developed by Riot Games and released in 2009, League of Legends (LOL) is a popular MOBA played by professional gamers.

In competitive LOL, each team (with five players each) tries to destroy the base (Nexus) of their opponents.

There are over 130 playable characters, each of which has unique attributes.

During the game, players complete challenges to increase their champion’s power, thus improving their team’s chances of victory.

The LOL World Championship is an annual event, and the winning team gets to bring home the Summoner’s Cup, which weighs approximately 70 pounds.

FIFA

The World Cyber Games began in 2001, and FIFA Football was an official game at the very beginning.

The popularity of soccer means that regional tournaments feature a huge number of players from various nations.

The winners of these events qualify for Regional Playoffs as part of the FIFA Global Series.

However, as FIFA games are one vs. one, some of the skill is taken out of the equation since AI controls 10 members of a team.

However, FIFA retains a massive fanbase, so there’s little doubt that it will continue to be a major esports game.

A quick guide to Playing on virtual sports

Virtual sports involve using a random number generator (RNG) to decide the outcome.

Those who play on virtual sports should understand that everyone sees the same outcome.

The algorithm is random, meaning the BNB sportsbook can’t rig any events.

Virtual sports markets should seem familiar as they are based on what you’ll find in real sports.

Since the ‘competitors’ never feel exhausted, Binance Coin sportsbooks have the option to offer events every few minutes.

This means you have at least several hundred chances to play on any given day.

What virtual sports are available to Play on?

Binance Coin sportsbooks know how popular these events are and are continually expanding the available sports.

These include American football, greyhound racing, and golf.

Make your play before the event starts, and watch the random outcome unfold.

As there is no form or other factors to consider; winning or losing is purely down to chance.

There are greyhound races every 60 seconds, with cricket fixtures usually occurring every four minutes.

Virtual sports can prove very entertaining if you only play what you can afford to lose.

What virtual sports markets are available?

Those who play on real sports will recognize all of the markets available in virtual sports.

In general, the markets are more simplistic, but certain sports offer a surprising number of options.

While horse racing generally involves picking a winner or making each way plays, soccer has the following markets:

  • Winner

  • Final score

  • Double Chance

  • Scorer of the first goal

  • Asian handicap markets

Once you get used to playing on sportsbooks accepting BNB , you might find that it offers a nice contrast to real events on occasion.

If you’re interested in discovering the upsides and downsides of virtual sports, keep reading!

The benefits of virtual sports

  • You always have plenty of options with hundreds of daily events

  • Trustworthy sportsbooks that accept Binance Coin use RNGs and will never fix an outcome

  • You can play without being concerned about past results, form, or inclement weather conditions

  • You never have to wait more than a few minutes for an event to commence

  • There’s no skill involved in winning or losing

Virtual sports disadvantages

  • Value bettors can’t get the advantage they seek due to the presence of RNGs

  • The Binance Coin sportsbook always holds an edge, usually of several percent

  • The combination of no skill and regular events means it is easy to lose large sums of money

  • Despite this niche’s growth, sportsbooks accepting BNB still don’t offer the same number of markets as they do in real sports

  • There is no contest between virtual and real sports in terms of excitement

Benefits and Drawbacks of Using Binance Coin on Sportsbooks

playing with BNB can be tiresome, especially if you are new on sportsbooks

Once you are ready to utilize Binance Coin for playing, just take a look at the basic info about the option.

About Binance Coin

Binance Coin (BNB) is a cryptocurrency presented in 2017.

Issued by the well-known Binance exchange, Binance Coin has a trading symbol BNB.

It was initially based on the Ethereum blockchain and now is part of Binance’s chain.

Binance Coin has ERC 20 standard and a max supply of 200 million tokens.

Binance Exchange is now the largest crypto exchange in the world, accepting over 1.4 million transfers per second.

Apart from use on the native exchange, Binance Coin can be used for trading, investment, payment processing, and more.

Pluses of using Binance Coin

Take a look at some Binance Coin pros when using it for playing.

Binance transfers are prompt

If you utilize Binance Coin for playing, you can take advantage of quick transfers.

If utilizing BNB playing money for trading, you can claim prizes.

Binance Coin charges are low

Binance Coin have the minimum transaction costs if using them playing.

The standard fee is 0.1% for all traders.

Keep in mind that a busy blockchain can lead to the higher fees.

Binance Coin has a hopeful future

Binance, the enterprise behind BNB, has a good future.

Binance Coin has already received support from exclusive partners, including brands from the video entertainment sector.

BNB is flexible

It is possible to enjoy Binance Coin playing and enjoy full scalability.

This is feasible as Binance benefits from a burndown policy, providing a smooth experience on sportsbook platforms.

According to the burndown principle, Binance utilizes 20% of the profits to obtain Binance Coins and burn them to decrease the entire supply while 50% is left.

Negatives of using Binance Coin

Take a look at some downsides of using Binance Coin for playing.

Binance Coin is centralized

BNB may not be a great choice for playing because of its centralization.

Binance Coin is centralized through Binance and up to 80% of tokens are held by Binance in multiple wallets.

BNB’s centralization could lead to frauds and double-spends which would affect the playing experience.

Binance Coin is target of hackers

Binance and its BNB are at risk for hacker attacks.

This reduces the security level whe utilizing Binance Coin for playing.

Despite Binance supervision, hackers can intrude on the system and get your money from Binance Coin playing.

Binance Coin faces some regulatory issues

If using BNB for playing, you should know that regulators are considering taking the system down.

You have probably heard about many filed complaints regarding Binance and its unlicensed operation.

Complaints can easily turn into a ban, which is not positive for playing.

Written by

Viktor T.

Since 2017, Viktor has been passionate about exploring each corner of the cryptocurrency world, having worked with a variety of DeFi and CeFi projects. Outside of cryptocurrencies, Viktor is passionate about finance and investments, having been involved in the niche for more than 10 years already.

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