{"id":136286,"date":"2017-03-22T16:25:36","date_gmt":"2017-03-22T20:25:36","guid":{"rendered":"http:\/\/topbet.eu\/news\/?p=136286"},"modified":"2017-03-22T19:48:29","modified_gmt":"2017-03-22T23:48:29","slug":"how-bitcoin-works-infographic-sports-betting-101","status":"publish","type":"post","link":"http:\/\/topbet.eu\/news\/how-bitcoin-works-infographic-sports-betting-101.html","title":{"rendered":"How Bitcoin Works Guide with Instructional Infographic"},"content":{"rendered":"<p><a href=\"http:\/\/record.tbaffiliate.com\/_y8k7RB3Ll4xutv7iXV6HvmNd7ZgqdRLk\/22\"><img class=\"size-full wp-image-90191 alignright\" src=\"http:\/\/topbet.eu\/news\/wp-content\/uploads\/2016\/01\/Top-10-Celebs-who-bet-News-Banners_620x110_v4.gif\" alt=\"Top-10-Celebs-who-bet---News-Banners_620x110_v4\" width=\"620\" height=\"110\" \/><\/a><\/p>\n<p>You&#8217;ve seen How Bitcoin Works through video &#8211; <a href=\"http:\/\/topbet.eu\/news\/how-bitcoin-works-video-sports-betting-101.html\">and if you haven&#8217;t the link is here<\/a> &#8211; so now it&#8217;s time to take a closer look through infographic. It&#8217;s a very easy step-by-step process but it can be confusing for some. We&#8217;ve tried our best to ease the pain and make it as simple as possible. Please take a look and if you still need an extra hand, be sure to give our customer support team a call anytime at\u00a0<strong>1-877-528-6748 <\/strong>for more help.<br \/>\n<h3><strong>Most Recent Articles<\/strong><\/h3>\r\n<ul>\r\n<li><a href=\"http:\/\/topbet.eu\/news\/2017-presidents-cup-predictions-picks-odds-and-golf-betting-preview.html\" target=\"_blank\" rel=\"noopener noreferrer\">2017 Presidents Cup Preview<\/a><\/li>\r\n<li><a href=\"http:\/\/topbet.eu\/news\/2017-presidents-cup-purse-and-prize-money-breakdown.html\" target=\"_blank\" rel=\"noopener noreferrer\">\r\n2017 Presidents Cup Purse Breakdown <\/a><\/li>\r\n<li><a href=\"http:\/\/topbet.eu\/news\/nfl-2017-week-4-predictions-picks-and-preview.html\" target=\"_blank\" rel=\"noopener noreferrer\">NFL 2017 Week 4 Predictions, Picks and Preview<\/a><\/li>\r\n<\/ul><\/p>\n<h2>How Bitcoin Works Instructional\u00a0Inforgraphic<\/h2>\n<p><a href=\"http:\/\/topbet.eu\/news\/wp-content\/uploads\/2017\/03\/how-to-use-bitcoin_v6_with_logo.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-136288\" src=\"http:\/\/topbet.eu\/news\/wp-content\/uploads\/2017\/03\/how-to-use-bitcoin_v6_with_logo.jpg\" alt=\"\" width=\"1500\" height=\"2386\" srcset=\"http:\/\/topbet.eu\/news\/wp-content\/uploads\/2017\/03\/how-to-use-bitcoin_v6_with_logo.jpg 1500w, http:\/\/topbet.eu\/news\/wp-content\/uploads\/2017\/03\/how-to-use-bitcoin_v6_with_logo-250x398.jpg 250w, http:\/\/topbet.eu\/news\/wp-content\/uploads\/2017\/03\/how-to-use-bitcoin_v6_with_logo-768x1222.jpg 768w, http:\/\/topbet.eu\/news\/wp-content\/uploads\/2017\/03\/how-to-use-bitcoin_v6_with_logo-600x954.jpg 600w, http:\/\/topbet.eu\/news\/wp-content\/uploads\/2017\/03\/how-to-use-bitcoin_v6_with_logo-1132x1800.jpg 1132w\" sizes=\"(max-width: 1500px) 100vw, 1500px\" \/><\/a><\/p>\n<p><strong><em>1. The Wallet<\/em><\/strong><\/p>\n<p>For starters, you may be a little confused about the term. Well, think about it this way and things become much easier; a \u2018wallet\u2019 is a fancy word for your account. They act and perform the exact same.<\/p>\n<p>When selecting, we do recommend that you use either <a href=\"https:\/\/www.coinbase.com\/\" class=\"broken_link\" rel=\"nofollow\">Coinbase<\/a>, <a href=\"https:\/\/blockchain.info\/\" class=\"broken_link\" rel=\"nofollow\">Blockchain<\/a> or <a href=\"https:\/\/cex.io\/trade\/buysell\">CEX<\/a>, based on their reputation and simplicity, but the choice is up to you. There are dozens of wallet sites out there that work well and are quick and easy, with hundreds \u2013 if not thousands \u2013 more in production. So, by all means, take some time and Google until you feel comfortable that you\u2019ve met your match.<\/p>\n<p><strong><em>2. Purchasing Bitcoin<\/em><\/strong><\/p>\n<p>Now that you\u2019ve picked your wallet site, the purchasing part is very easy. In fact, you have three options for\u00a0this. You can purchase your desired amount of\u00a0Bitcoin (the same as you would any other currency) online from any of these <a href=\"https:\/\/www.bitcoin.com\/buy-bitcoin\">recommended websites.<\/a> You can bank wire money to your wallet\/account or you can use an ATM.<\/p>\n<p>Now, keep in mind, Bitcoin ATM\u2019s aren\u2019t that abundant and can be difficult to find depending on your location. If you can track one down though, they accept credit, debit and some even take cash straight up in exchange.<\/p>\n<p><strong><em>3. BTC Exchange Rate<\/em><\/strong><\/p>\n<p>Again, we\u2019re going to send you back to one of our recommended wallet sites <a href=\"https:\/\/cex.io\/trade\/buysell\">CEX.io<\/a>. They have a very user-friendly template and presentation along with live updates. So you can see how your currency is reacting and performing that day in real time.<\/p>\n<p><strong><em>4. Purchases<\/em><\/strong><\/p>\n<p>The actual purchases and exchanges work very similar to that of any other type of online transaction. The only difference is an extra step. Well, and this doesn\u2019t count as a step, you\u2019ll need to download your wallet site\u2019s smartphone app for mobile transactions before you get started.<\/p>\n<p>Now when you get to the purchase\u00a0screen using your phone, you\u2019ll need to snap a shot of the QR code using the app. Meanwhile, if you\u2019re using your computer, you\u2019ll need to copy the URL token given and paste in to your wallet.<\/p>\n<p><a href=\"http:\/\/record.tbaffiliate.com\/_y8k7RB3Ll4xutv7iXV6HvmNd7ZgqdRLk\/6\" target=\"_blank\" class=\"broken_link\" rel=\"nofollow\">Create a betting account now<\/a>\u00a0to get\u00a0your Bitcoin bet ticket started!<\/p>\n<p><a href=\"http:\/\/record.tbaffiliate.com\/_y8k7RB3Ll4xutv7iXV6HvmNd7ZgqdRLk\/22\"><img class=\"size-full wp-image-90191 alignright\" src=\"http:\/\/topbet.eu\/news\/wp-content\/uploads\/2016\/01\/Top-10-Celebs-who-bet-News-Banners_620x110_v4.gif\" alt=\"Top-10-Celebs-who-bet---News-Banners_620x110_v4\" width=\"620\" height=\"110\" \/><\/a><\/p>\n<div class=\"pvc_clear\"><\/div>\n<p class=\"pvc_stats all \" data-element-id=\"136286\" style=\"\"><i class=\"pvc-stats-icon medium\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> &nbsp;8,317&nbsp;total views, &nbsp;1&nbsp;views today<\/p>\n<div class=\"pvc_clear\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>You&#8217;ve seen How Bitcoin Works through video &#8211; and if you haven&#8217;t the link is here &#8211; so now it&#8217;s time to take a closer look through infographic. It&#8217;s a<\/p>\n<div class=\"pvc_clear\"><\/div>\n<p class=\"pvc_stats all \" data-element-id=\"136286\" style=\"\"><i class=\"pvc-stats-icon medium\" aria-hidden=\"true\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"far\" data-icon=\"chart-bar\" role=\"img\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\" class=\"svg-inline--fa fa-chart-bar fa-w-16 fa-2x\"><path fill=\"currentColor\" d=\"M396.8 352h22.4c6.4 0 12.8-6.4 12.8-12.8V108.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v230.4c0 6.4 6.4 12.8 12.8 12.8zm-192 0h22.4c6.4 0 12.8-6.4 12.8-12.8V140.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v198.4c0 6.4 6.4 12.8 12.8 12.8zm96 0h22.4c6.4 0 12.8-6.4 12.8-12.8V204.8c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v134.4c0 6.4 6.4 12.8 12.8 12.8zM496 400H48V80c0-8.84-7.16-16-16-16H16C7.16 64 0 71.16 0 80v336c0 17.67 14.33 32 32 32h464c8.84 0 16-7.16 16-16v-16c0-8.84-7.16-16-16-16zm-387.2-48h22.4c6.4 0 12.8-6.4 12.8-12.8v-70.4c0-6.4-6.4-12.8-12.8-12.8h-22.4c-6.4 0-12.8 6.4-12.8 12.8v70.4c0 6.4 6.4 12.8 12.8 12.8z\" class=\"\"><\/path><\/svg><\/i> &nbsp;8,317&nbsp;total views, &nbsp;1&nbsp;views today<\/p>\n<div class=\"pvc_clear\"><\/div>\n","protected":false},"author":26,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[24149,11545],"tags":[21127,24189,24187,24188,24181,24190,24182,24183,24186,24185,24184,24152,24153],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Bitcoin Works Infographic - Sports Betting 101<\/title>\n<meta name=\"description\" content=\"We take a look at How Bitcoin Works through the joys of infographic. 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