Bitcoin Chaser - August 22, 2019
With Bitcoin prices on the move above 5 figures and all the events Bitcoin sportsbooks add to their platforms, the minimum bet you can place is a moving target that is important to understand. If you want to hedge your bets and put money on as many sporting events possible after you checked your odds, then understanding what the minimum bet is will allow you to maximize your profit potential. That is why we decided to look at some of the leading Bitcoin sportsbooks to see which ones give you the most convenience when it comes to minimum bets.
Understanding minimum bets in Bitcoin at this point can be a daunting task in itself. So, before we delve into those minimum bets, we decided to express everything in Satoshis, the smallest Bitcoin denomination. You can always refer to our Bitcoin denominations guide if you are heading over to your favorite sportsbook and you want to figure out the decimal points combined with the mBTC denomination.
The lowest minimum bet on any Bitcoin sportsbook we could find was CloudBet. This brand will allow you to make minimum bets of only 10 Satoshis. That means you can spread your bets around quite a bit. In fact, you can spread your bets around 10 times for every 1 bet you place on the next brand in our lowest minimum bet on bitcoin sportsbooks list.
Coming in at number 2, FortuneJack allows you to place a minimum bet of 0.01 mBTC, or 100 Satoshis. That is 10 times higher than the minimum bet on CloudBet.
The number 3 brand on this list is 1xBit. At 0.05 mBTC or 500 Satoshis, you can place 50 bets on CloudBet for every 1 bet you place on 1XBit.
Tied in at number 4 we have 3 brands: Anonibet, Sportsbet.io, and Nitrogen Sports. They all allow you to place a 0.1 mBTC or a 1000 Satoshi minimum bet. That is 1 bet for every 100 bets you can place on CloudBet on a minimum bet.
You can find the highest minimum bet on a Bitcoin sportsbook as far as we could see, on MelBet. This brand has a minimum of 0.1 BTC, which is a whopping 1,000,000 Satoshis (yes, 1 million Satoshis)! That means you can place one minimum bet at MelBet for every 100,000 minimum bets you place at CloudBet’s sportsbook. Think about how well you can hedge your bets at CloudBet for a single MelBet minimum bet!
Now that you know that CloudBet is your bets choice when it comes to the lowest minimum bet on a Bitcoin sportsbook, you can start picking your odds on each sporting event and stretching your Satoshis to cover more of them. Hedge your bets while you increase your chances of winning with the best brands out there and keep your eye on those Satoshis!