Betting on esports games is a popular event on the Internet. Sports fans wait for the NFL, the playoffs and all the other leagues while esports fans stay glued to their screens when the world tournaments finally arrive.

This grew even bigger with the introduction of cryptocurrency in esports betting. The talk of the town that is Bitcoin has made its way to the online betting realm, and spectators are taking big steps in joining the hype. And if you’re reading this, you’re just one step away from entering such massive platform.

Read this esports betting guide to know the things should do before placing that first Bitcoin bet.

First, be properly acquainted with Bitcoin. The best way to get a good experience when you bet on esports using cryptocurrency is by first understanding how bitcoin really works, where you can get and earn it. As you know, Bitcoin is a digital currency that enables peer-to-peer transactions, so you don’t get to get or keep them in a traditional bank. Bitcoins are acquired through online exchanges or bitcoin ATMs where you trade in your regular cash to get bitcoin. Then you’ll have to set up your online wallet through a desktop or mobile app or the cloud where you can store, send and receive Bitcoin.

Second, look for a sportsbook. Next thing you should do is to search for a good Bitcoin sportsbook that can cater to starters who are betting with Bitcoin from scratch. Considering the height of Bitcoin’s value in this age, losing too much coins in the process is too costly, so you have to make sure that your chosen sportsbook has flexible payment terms, small transaction fees and low minimum deposits.

Third, review the games. You might think you already know the ins and outs of DOTA 2 or CS:GO or Overwatch, but it won’t hurt to refresh and build up your knowledge on the games you’re planning to bet on. Sportsbooks have blogs that are filled with game reviews, news and updates on the different matches and it helps to go through them so you get a good grasp on the games. Reading an esports betting guide before you bet on a match is a must.

And finally, set your budget. Spending regular cash is easy to gauge, but with Bitcoin you have to make extra efforts to regulate. Bitcoin units vary in form from the former, so planning your budget and sticking with it when you bet on esports should be your priority.