The crypto gambling scene is massive and there are several things that beginners can do to maximize their chances of winning.
Before you start gambling on crypto, it’s important that you get familiarized with the different crypto gambling websites and the different game types.
Here’s a step-by-step guide to help you start and win with crypto gambling
- Know the website you’re playing on
Whether you’re using a crypto exchange to exchange Bitcoin, Ethereum, or other altcoins, or using a third-party gambling website, it’s important that you know how to use the website you’re using. For exchanges, it’s important that you know how to deposit and withdraw.
For third-party gambling websites, it’s important that you know how to create a new account, open your wallet, and how to bet. To learn more about each of the websites, check out our guide on the best Bitcoin gambling website and the best Ethereum gambling website.
- Keep track of your progress
If you want to know how much you’ve won, what’s your balance, and how much you’ve spent on bets, you can use an online wallet like Coinbase. You can also use a third-party gambling website like Crypto-Gambling.com, where you can track your bet progress and earn points for referring other users to the website.
- Make smart bets
Smart bets are the bets that require the least amount of effort from you. Smart bets require that you have a good understanding of crypto gambling and the website you’re playing on.
If you’re playing on a crypto exchange, you don’t need to worry about the fees of a smart bet as they are often free. It’s also recommended that you stick with a single bet per day so that you don’t lose focus. If you’re using a third-party gambling website, you can often find smart bets on their website.
- Bet with the best odds
To win, you need to bet with the best odds. You can do this by making sure you’re betting the correct cryptocurrency for the game you’re playing on. This can also be done by selecting the game you want to play with a website like crypto gambling.com, where you can see the odds of each game.
- Avoid games with a lot of volatility
It’s important to play on games that have a low volatility. If there’s a lot of volatility in the game you’re playing, it’s likely that the results of the game will change rapidly, making it much harder to predict the results. Furthermore, if you’re using a third-party gambling website, there’s a good chance that the games they offer will be of low volatility.
- Watch out for scam sites
To avoid losing your money, you need to be careful when playing on a site that isn’t trustworthy. If the site is not trustworthy, it’s possible that it will charge you for making deposits and withdrawals, or ask you to transfer funds before you’ve fully deposited. It’s important that you always check the review of the website you’re planning to use and look for reviews that give them a rating higher than 4/5 stars.