It is better to start acquaintance with the world of cryptocurrencies with the choice of a strategy. The main ones are investing or trading. The first involves the acquisition of an asset and long-term storage. The second is short-term speculation. A trader makes many transactions with digital assets, trying to profit in a short period of time.

Depending on the chosen strategy, the ways of storing cryptocurrency also differ. Cold wallets are better suited for investments. Thus, you can keep the cryptocurrency on a computer or flash drive. Exchanges are best for trading digital assets. On them, the client can sell or buy cryptocurrency at any time, as well as take advantage of additional options. For example, leverage, which can be used to manage additional capital.
Now they are also very popular, so I advise you to bet on NBA events with BTC and altcoins.

The main advantage is a high level of security. If it works on the basis of the blockchain, payments are made using smart contracts. BC cannot interfere with their work. When a bettor places a bet, a smart contract is automatically created. All conditions are written in it. They depend on the outcome of a sporting event. As a result, the bettor receives money or loses it.
Experts consider this direction to be extremely promising. New platforms appear regularly that can become an analogue of classic bookmakers. The absence of state control and complete decentralization - these criteria are fully consistent with the interests of bettors.