Cryptocurrencies Sportsbook

25% of Sports Bettors Seeking Crypto Free Bets

Out of the 2,000 punters surveyed, manypreferred to use cryptocurrencies due to the speed of transactions and anonymity

25% of Sports Bettors Seeking Crypto Free Bets
25% of Sports Bettors Seeking Crypto Free Bets

New research from online gambling aggregator freebets.ltd.uk has uncovered a growing appetite for crypto betting promotions. The business, which has been mapping the changing gambling landscape for decades, has identified a 20% spike in the number of crypto gamblers when compared to statistics from 2021.

Wanting to dig deeper into why punters were displaying this passion for crypto betting services, freebets.ltd.uk quizzed its community of bettors.

Out of the 2,000 punters surveyed, 41% preferred to use cryptocurrencies due to the speed of transactions, which are famously quicker than traditional card payments. 24% of bettors valued the security that betting with crypto brought them. Being encrypted, crypo transactions are anonymous and highly secure. Flat translation fees were another common answer, which more than 15% of participants gave.

Some of the biggest betting UK brands for crypto bettors include 888Sport, Cloudbet, Stake and Sportsbet.io. 

Steve Gummer, Director of the Free Bets brand, commented.

“We are seeing a growing demand for bettors that want to deposit and withdraw funds using cryptocurrencies. This has led to the number of UK betting sites accepting popular coins, such as Bitcoin, increasing year on year. In 2023, we expect this trend to remain and look forward to servicing this more generation of crypto bettors”.

About freebets.ltd.uk

Freebets.ltd.uk is an online portal where UK bettors can access up-to-the-minute free bets and betting deals from some of the country’s leading operators. As well as established bookmakers, freebets.ltd.uk has partnered with a vast selection of new and innovative brands, giving its players a complete overview of their online betting options, all in one place.

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