Bitcoin has had a great share in advancing the online betting landscape. In an age where more than half the world is involved in cryptocurrency, the introduction of Bitcoin was significant enough to eradicate doubts about online gambling. Whether on sports, esports, or casino, Bitcoin betting has become a globally accepted and popular activity today.

What used to be just another pastime quickly became an enormous market, growing even larger with the increasing number of bettors switching to crypto gambling. For the most part, its ‘tech-advancedness’ is what made people gravitate towards using it.

But it’s also the main reason why many people refrain from trying it, thinking it’s just for the tech guys. Using Bitcoin for the first time without proper knowledge may take a lot of getting used to, and you may suffer some losses if you don’t know what you’re doing.

So before you start your journey to Bitcoin betting, you might want to consider these things first.

1. Bitcoin sportsbooks only accept BTC, but they can convert your cash

What causes a lot of people to halt efforts to learn about Bitcoin and apply it to gambling is this: if you don’t have Bitcoin, then you can’t engage in crypto betting. Time to squash that misconception. While it’s true that crypto-based sportsbooks operate on Bitcoin as well as other cryptocurrencies, many sportsbooks accept regular cash and convert it to Bitcoin. You just have to pay for the extra conversion fee, if any. So yes, even if you don’t have coins or a digital wallet, you can still enter lines in Bitcoin sportsbooks or casinos.

2. Bitcoin betting requires a Two-Factor Authentication System (2FA)

Know this: the blockchain technology is a highly-secure, malware-free system that can be hard to tamper with. But you never know what could happen. Cryptocurrencies are a hot commodity today, and it’s inevitable that malicious activity will spring up. Which is why crypto-based sportsbooks now use a two-factor authentication (2FA) system to verify users. What this does is provide one-time keys which users have to type in whenever they sign in to their accounts. To ensure you have a swift Bitcoin betting experience, familiarizing yourself with this system will ensure it.

3. Betting lines are the same as those in regular sportsbooks

A lot of regular bettors think that Bitcoin betting would be a challenge because it’s an entirely different world. Well, it is, but it’s also not. Regular and Bitcoin-based sportsbooks only differ in payment schemes, payouts and structure, but you can find the same betting lines, games and sports as offered in the market. So making a shift wouldn’t be too hard or limiting, because everything is available.

Bitcoin is deeply embedded in a massive platform, and using it to spend for online betting can be tricky. But it’s never too late to learn about Bitcoin and other cryptocurrencies. There are tons of ways you can use it to maximize your bets and improve your overall experience, and fully understanding how the system works is a great start.