Best Arbitrum Sports Betting Sites 2024
Despite being launched on blockchain and listed for trading in March 2023, Arbitrum has already drawn the attention of the sports betting industry. Created by a US-based company, Arbitrum offers an efficient solution for the elimination of the drawbacks of the Ethereum network that is widely used by online sportsbooks. Having the potential to offer faster, safer, and cheaper transactions, this cryptocurrency has a chance of becoming one of the top choices among punters.
As we track all the innovations in both worlds (cryptocurrencies and sports betting), we have created a complete guide on the best Arbitrum crypto sports betting sites. This article, written under the guidance of our crypto experts, answers all the main questions you might have as a bettor, including how to use ARB, what tournaments to choose, and what types of bets to place. The best tips on how to select the best betting venues (based on our own experience) are also included.
The Reasons Why Many People Turn To Arbitrum Betting
Since ARB is a relatively new project, you might ask a fair question: why use Arbitrum for crypto sports betting? Our answer will not surprise you much if you are an experienced bettor. ARB offers the same perks that Ethereum gives to players (security and convenience) and slightly more (quicker transactions and lower fees). It is all about convenience when it comes to crypto betting, and Arbitrum betting sites succeed in providing it to customers.
How We Selecting The Best ARB Crypto Sports Betting Sites
We are extremely selective when it comes to reputable online casinos, especially those that offer cryptocurrencies for deposits and withdrawals. Why? There are many Arbitrum betting sites, but not all of them are reliable and worth registering. The main criteria we use when choosing recommended casinos are explained below.
User-Friendly Interface
We surf the website to see how intuitive the UI is, as convenient navigation in the sportsbook appears to be crucial in the long run. Websites that are listed on this page boast a user-friendly interface, so you will have an enjoyable user experience when placing bets.
Efficient Transactions
We do not only read terms & conditions to see the advertised time of payouts at best Arbitrum betting sites, but we make deposits after registration and withdrawals after we have met wagering requirements. Thus, we can confirm that the finest casinos provide instant transactions with Arbitrum digital currency.
Promotions & Bonuses
We explore possibilities for special rewards in the promotions section to ensure bettors have a decent choice of bonuses for sports betting. The quality of rewards is another essential factor in the reliability of Arbitrum bookmakers. Please remember that extremely lucrative bonuses on the list are not always good, as this can be a sign of non-payment.
Robust Data Encryption
Arbitrum is a decentralized token, and it already has robust security, so you do not need to worry much about the safety of your funds. Still, it is essential to check if the selected betting website has SSL encryption and if a two-factor authentication option is available. As for the bookmakers that we recommend, they have the highest level of security of data encryption and personal data protection.
Responsive Customer Service
Even the finest Arbitrum crypto sports betting websites may have some issues with odds loading or delayed deposits, so it is good to know that you can contact customer service and receive a quick response when you have questions. We always check this before registration, and customer support team efficiency is tested for the sportsbooks that we recommend.
Competitive Odds & Payouts
Do not forget to explore the size of the odds and their fairness. From our own experience, we can tell that neither too lucrative nor too small odds are fine. In both cases, it might be problematic to receive decent winnings.
Sports & Betting Variety
While you are reviewing the odds, ensure that you pay attention to the selection of sports, tournaments, and leagues. Recommended ARB crypto betting websites offer their customers betting versatility and secure a decent choice of both events and bet types.
How To Start Sports Betting With Arbitrum Coin
Now that you have a clear picture of how to find trustworthy Arbitrum sportsbooks, we will walk you through the main steps you need to take to start placing bets:
1
Register at a trustworthy exchange where ARB is traded and buy some tokens.
2
Create an account at a chosen sports betting site. If you have not selected it yet, just pick one of the best Arbitrum betting sites listed in our article. Registration is simple and intuitive (just fill in the form).
3
Select Arbitrum among other tokens in the sportsbook and click the Deposit button. Copy the deposit address or simply scan your QR code.
4
Go to the exchange where your ARB is stored or to your ARB wallet and initialize a withdrawal. Do not forget to select the matching network (!).
5
Check all details. From our own experience, we can tell that double-checking when making crypto deposits or withdrawals to Arbitrum bookmakers can save your day.
6
Once the money arrives, you can select the desired event and place your first bets. If you are new to sports, some of the best tournaments are overviewed further.
Bonus Offers
We always head to the bonus section to see what rewards sportsbooks can offer us before becoming their customers. Frankly, the list of promotions for bettors does not differ much at ARB sportsbooks:
- Welcome offer. Well, it is a must! This is a special bonus for new customers, and it is what we often claim to have more opportunities to explore betting options and increase our chances of a win. Upon the first deposit, you will often receive a bonus match of your deposit. The finest websites also offer free bets.
- Reload bonus. It is an excellent option for active players. Upon your deposit, the bookmaker will give a deposit match. It is less generous than the sign-up rewards but still decent.
- No-deposit bonus or risk-free bets. Those are rare gems to find. If you see that Arbitrum sports betting sites have those, make sure to claim them. No deposits are required for those rewards. That’s what makes them must-claim bonuses.
Even though these bonuses are different and targeted at various categories of bettors, they all have wagering requirements to meet before winnings from them can be withdrawn.
Popular Tournaments For Betting At Arbitrum Sportsbooks
Do you find the selection of sports events for ARB betting too overwhelming? We have been at your place for our first couple of months of gambling experience. Here are the top 5 tournaments to begin with:
Champions League. An annual event in soccer that has millions of views, as the best teams in European football are competing there.
NFL. Admirers of American football have their eyes on this tournament. Of course, they do not miss its final and most spectacular event – the Super Bowl.
NBA. All the best basketball players are here. Spectacular basketball matches offer you plenty of bets with lucrative odds.
NHL. Hockey is the most popular winter sport, and NHL matches are the finest for the spectacular ice clashes and intriguing betting events.
UFC. Those who enjoy martial arts would certainly like to make a couple of bets on the best fighters in UFC. We do it regularly and often are satisfied with the outcomes.
Different Bet Types And Odds
The types of bets you use for Arbitrum betting depend heavily on your strategy and how much you like to risk. The most popular bets that we use and encourage you to try are as follows:
- Moneyline. Excellent for beginners and experts, they allow you to select the winner of the match and not worry about the total score or the lucky scorers.
- Under/over. Good for testing your intuition, as you should predict if the total score will be higher or lower than a certain number offered by a bookmaker.
- Parlay bets. Selected by betting experts and those thirsty for big wins, they allow you to combine several bets in one and enjoy impressive high odds. However, big wins often come with risks, so all your predictions should be correct to bring home a win.
- Prop bets. Add excitement to everything that happens on the field or pitch as you bet on a certain aspect (like the scorer, the number of yellow cards, the number of fouls, etc).
- Future bets. The best options for those willing to make long-term predictions. How do we place it? We make a bet on the tournament winner at the beginning of the season, forget about this bet, and enjoy the win when the season ends.
Pros And Cons Of Arbitrum Crypto Sports Betting Sites
PROS
- Increased speed of transactions
- Cheap deposits and withdrawals
- Good security
- A wide range of Arbitrum sports betting events
- Few restricted countries
CONS
- Volatility
- Limited choice of sportsbooks
- Irreversibility of transactions
Final Thoughts
Despite ARB being a new project in the crypto world, Arbitrum betting is currently one of the best options. Rapid transactions, cheap fees, and high reliability are just some of the advantages of this token for new and experienced bettors. Now that you know how to select trustworthy ARB sportsbooks and have a clear picture of what bets to place and on what sports, your betting experience should be no other than positive and fun!
