TheCryptoUpdates
News

SOFTSWISS on the Development of Sports Betting and Bookmakers with Cryptocurrencies

The continuous evolution of the iGaming industry enables the introduction of new features for clients. Today one can find legal bookmakers collaborating with SOFTSWISS, allowing registered customers to use cryptocurrencies for payments. It is fast, secure, and anonymous.

Why Choose Bookmakers with Cryptocurrencies

Today, many bettors are more inclined to place bets when they discover that cryptocurrencies are among the available payment methods for deposits and withdrawals. Examining sportsbooks lists can help in selecting legal platforms. Here are the main advantages of these sites:

  • Transaction security. Every cryptocurrency transaction is secure, providing protection against fraud and deception, often associated with the use of electronic wallets.
  • Anonymity. Cryptocurrency transfers can be anonymous, keeping information about the account owner confidential. This is relevant for those who want to engage in betting without disclosing it to acquaintances, allowing for anonymity and risk-free participation.
  • Mobile applications. Such bookmakers typically offer applications that can be quickly installed on various operating systems. This allows access to all functionalities, including live streams, bonus systems, money transfers, and more.
  • Personal prizes and promotions. Bookmakers with cryptocurrencies may have a separate bonus system designed exclusively for payments with digital assets. This appeals to those who seek rewards for activity or account balance replenishment.

It is evident that bookmakers with cryptocurrencies offer numerous advantages, emphasizing their commitment to security. Nevertheless, it is crucial to register only on licensed platforms, as recommended by SOFTSWISS.

Here are several recommendations for choosing a bookmaker for betting:

  • Check for a license. Pay attention to the presence of a license to ensure the fairness and transparency of cooperation.
  • Opt for establishments with flexible bonus systems. Choose venues with flexible bonus systems as a guarantee of customer orientation.
  • Consider cryptocurrency availability. Look for establishments that accept cryptocurrencies as a means of depositing funds and withdrawing winnings from bets.
  • Diverse range of sports disciplines. Opt for bookmakers that offer a wide selection of sports disciplines, including football, tennis, esports, volleyball, and more.
  • Active and professional customer support. Ensure the bookmaker provides active and professional customer support capable of promptly resolving any issues that may arise during the betting process.

All of these factors will contribute to creating favorable conditions for betting. It is advisable to collaborate only with legal establishments. Read on to discover interesting statistics from SOFTSWISS and the development of popular betting trends.

Interesting Statistics

In Q3 2023, an analytical study confirmed that 80% of players using cryptocurrencies favored mobile applications. This is an increase from the previous year, when the figure reached 65%. These statistics clearly indicate customers’ desire to conveniently and quickly place bets via phones, utilizing the SOFTSWISS Sportsbook platform and its application functionality, especially for those who enjoy real-time betting. The application provides access to a wide range of settings, including live sports event streams and notification configurations.

The statistics also identified the most popular sport for betting, with football maintaining its leading position for several years, followed by tennis, basketball, and volleyball. Esports is rapidly growing in popularity, with chances of entering the top 5 most popular sports in the next few years. Interestingly, the average bet on League of Legends in esports is 37% higher than on football.

Counter-Strike also pleasantly ranks among the top 10 events in esports. There are many bet types here, including correct score or favorite/underdog. The wide line of painting and dynamism have become key factors in the popularity of this game among betters. SOFTSWISS emphasizes its special attention to the development of this direction.

Alexander Kamensky on Betting with SOFTSWISS

In a recent interview, the head of SOFTSWISS shared his views on the industry’s development. He noted an increasing interest in accumulator bets compared to the previous year, which is a positive sign for operators due to the lower chances of accumulator bets compared to singles or totals.

The company’s director also highlighted a 523% increase in GGR compared to the previous year and celebrated the 438% rise in the number of bets. The presence of bookmakers with cryptocurrencies increases the trust of those placing bets. Therefore, one can expect a similar positive trend and growing interest in the betting industry in the coming year.

Related Articles

Bitcoin Propels High Nearing to $8,000 Yet Again

Akansha Kesarwani

Cryptocurrencies you should consider for a secure financial future: Firepin (FRPN), Shiba Inu (SHIB), and Zcash (ZEC)

Yashi Mishra

The Brazilian cryptocurrency investment platform Bluebenx backpedals on hack reports, claiming it was a victim of a listing scam

Mridul Srivastava