How to Bet on the Super Bowl with Bitcoin | 1xBit
The NFL Super Bowl is one of the most anticipated sporting moments of the year, and Super Bowl betting has become increasingly popular around the globe.
Read on to learn what the Super Bowl is, how people bet on it, and how you can use bitcoin on 1xBit to bet on the next Super Bowl game.
Table of Contents
- What is the Super Bowl?
- How to Bet on the Super Bowl with Bitcoin on 1xBit
- Popular Super Bowl Bets on 1xBit
What is the Super Bowl?
The Super Bowl is the final of every US National Football League (NFL) season.
The game was set up in 1966 after an agreement between the NFL and the American Football League (AFL) to have their best teams compete for a championship. After the merger, some teams from AFL and NFL came together to form the American Football Conference (AFC), and the remaining formed the National Football Conference (NFC).
Since then, the Super Bowl is played once a year, featuring the best teams from NFC and AFC.
Each year, teams in both conferences play a total of 256 games organized by the NFL to find the top two teams from each conference. These two teams then proceed to the Super Bowl, which is typically held on the second Sunday in February and is one of the most anticipated games of the year.
What makes Super Bowl highly anticipated and exciting includes various factors other than the game itself. In fact, the Super Bowl is one of the highest-earning and watched games, even having a weekend named after it.
To a large extent, the game has been integrated into American culture, with up to 112 million people watching the Super Bowl in 2022.
The high rate of viewership has made Super Bowl tickets pricey, with prices ranging between $500 to $700 and seeing some fans pay even more. Furthermore, the Super Bowl attracts high viewership from its half-time show, which involves performances from famous American musicians.
When it comes to betting on Super Bowl, such high levels of interest can only work in favor of bettors. So, let’s look at how Super Bowl betting works and how you can start betting on this massive sporting event.
Super Bowl Betting with Bitcoin: Here’s How it Works on 1xBit
Here’s how to use bitcoin to bet on Super Bowl on 1xBit.
1. Head to the 1xBit homepage and click on ‘Registration.’
2. Fill in your details, taking note of your account number and password.
3. Click on ‘Deposit.’ Here, you will be given a range of cryptocurrencies to choose from, and select ‘Bitcoin.’
4. Copy the address or QR code provided. This will be where you will send your bitcoin to.
5. Deposit your interested Bitcoin amount into your address from your wallet.
6. Pick the Super Bowl game that you would like to wager on, taking into consideration the betting odds for each team and the type(s) of bet you would like to place. The amount that you would like to bet in mBT will be shown on the right-hand side of the screen.
7. Click on ‘Place a Bet’ once you are satisfied with your selections.
Betting on the Super Bowl on 1xBit is easy and takes only a few minutes. The platform has a range of bets you can place, from all kinds of sports and esports to casino games and more.
Popular Super Bowl Bets on 1xBit
According to CBNC, Super Bowl betting was expected to garner up to $7.6 billion in 2022, with an estimated 31.4 million people expected to place bets. Needless to say, Super Bowl betting is popular!
Betting on the Super Bowl is similar to many other forms of sports betting, with different ways to wager on a game.
When betting using bitcoin on the Super Bowl on 1xBit, here are some types of bets that you can make.
To Win the Super Bowl
Arguably the easiest and most popular Super Bowl bet is picking a team that will win the Vince Lombardi trophy. To do that, you simply place a wager with the amount of mBT you would like on the team that you think will win the game.
Total Points Over/Under
Another popular bet in American Football and the Super Bowl is total points scored over/under. Here, you can place a wager on whether more or fewer points than a specific number will be scored.
Handicap
A handicap bet is where one team is given a point advantage or disadvantage to make both sides as close to even money as possible. Handicap bets are hugely popular in the NFL. To place a handicap bet on 1xBit, you wager on the team you believe will win but with a specific point handicap, which is shown in brackets next to the name of the team.
First Touchdown Scorer
You can also bet on which player will score the first touchdown at the Super Bowl. There, you simply pick the name of the player who you think is most likely to score the first touchdown and place your wager.
The next Super Bowl will take place on February 12, 2023, at State Farm Stadium in Glendale, Arizona.
To start betting on the NFL, check our all American Football betting options on 1xBit.