Best Taekwondo Betting Sites in 2024

How we review the best sites
updated 3 months ago
Alyx Tzamantanis avatar
updated 3 months ago
byAlyx Tzamantanis - GAMBLING EXPERT
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Our team of experts has reviewed 474 sites as of now.

The above list is the summary of the best taekwondo betting platforms at this time.

Throughout this page, we will provide:

  • A short review of each of the 7 taekwondo betting platforms we recommend

  • Our taekwondo betting site’s review methodology simply explained with full-transparency

  • An actionable guide on choosing the best taekwondo betting platforms for your needs

  • And many more. Let’s dive in!

There is a seemingly endless level of information about taekwondo betting sites on the Internet.

However, most of it is dishonest and lacks detail.

We do things differently.

We spend hours wagering on each of the betting sites we assess.

This helps us offer in-depth reviews on every important aspect of each site.

To date, the wegamble team has reviewed hundreds of betting sites and outlines our top-rated taekwondo betting sites for you to consider.

It is our pleasure.

Selecting the best betting site with taekwondo that fits your expectations is crucial.

Focus on finding the features you value the most.

Below are some of the factors we use to determine our list of the best taekwondo betting websites.

Reputation

It is essential that you select taekwondo betting sites that have an excellent reputation.

We check the following features when making our recommendations:

  • The licenses which the taekwondo betting website holds

  • What year was the taekwondo betting site founded?

  • The volume of complaints about the taekwondo betting website from real users online

  • Does the taekwondo betting website quickly resolve these complaints to an acceptable standard?

You have to know that you can trust the taekwondo betting website you’re depositing money with.

Therefore, the legality of its operations, its experience and the number of customers that felt scammed using it are all objective clues as to the trustworthiness of the site.

Restricted countries

Firstly, you must find out if you can wager on the taekwondo betting platform from your location.

Unfortunately, your country may not permit the use of certain sites in the niche.

If you are forbidden from using the betting platform with taekwondo in your country, you might find that it isn’t available for selection when registering.

One problem is that some betting sites don’t care where you live.

These betting websites will allow you to register an account and deposit funds.

That players from your location aren’t normally allowed isn’t relevant.

But when the day comes to withdraw your winnings, the betting site requests to verify your identity and address.

Once they find out that you live in a restricted country…

They may freeze your account and make it really difficult for your to withdraw your winnings.

Low-quality taekwondo betting websites take this opportunity to keep your money permanently.

As a result, do your due diligence and check whether or not the betting site with taekwondo of your choice supports your country.

Fortunately, we make it easy for you.

We make a huge effort to research and recommend only the best taekwondo betting websites that are available in your location.

Please use the handy tool at the top-right of your screen and accurately select your location to ensure we provide the right taekwondo betting website information.

Loyalty benefits

The betting website industry is competitive, which means taekwondo betting sites must offer attractive promotions and VIP packages to appeal to players.

On the surface, such benefits seem like a good deal.

However, the terms and conditions usually include significant restrictions.

It is best to focus your search on taekwondo betting sites with promotions that don’t have many strings attached.

Does the Taekwondo Betting Site offer attractive promotions?

Don’t assume that every taekwondo betting site provides exclusive and unique promotions.

Quite a few try to bring in players using registration bonuses that include strict betting requirements.

On the other hand, the best taekwondo betting companies offer a range of interesting and rewarding promotions.

Such promotions help keep you entertained and increase your balance. As a result, you enjoy more bang for your buck.

What is the VIP program like?

Aside from promotions, many taekwondo betting websites also keep loyal players on board with VIP benefits.

A VIP package should include benefits and promotions that standard players don’t receive.

These extras could include high stakes tables, increased withdrawal and deposit limits, free spins, etc.

Top-rated VIP programs go the extra mile to make sure players feel important and appreciated.

Therefore, investigate the VIP offerings on any taekwondo betting site that interests you.

Payment methods available

Most taekwondo betting sites (if not all) accept debit/credit cards as a means of payment.

But what if you want other payment methods?

The more variety, the better.

In addition, each method has different benefits and drawbacks.

For instance, some betting sites with taekwondo offer bonuses for specific payment methods.

This is not surprising since taekwondo betting websites often offer bonuses to get players to register.

Range & standard of Taekwondo Betting Sites games

Even if you enjoy using a taekwondo betting platform, playing the same games over and over again quickly becomes boring.

Ideally, you’ll find a taekwondo betting website with a large amount of well-known games.

We investigate what each betting site with taekwondo offers in this department to ensure you know if it is a site you want to use.

Are there enough games?

The more games a betting platform has, the more choice you have!

Certain taekwondo betting companies have a small volume of games, and you’re likely to get bored after a short while.

The best betting websites with taekwondo tend to have a gigantic amount of games to choose from.

Our reviews account for the quantity of taekwondo betting website games on offer, so you’ll know that a site can keep you happy.

Focus on in-demand games

It isn’t unusual to find a betting site with taekwondo with more than 4,000 games.

Nonetheless, you should also pay attention to whether a site has many of the most popular online games.

Unfortunately, having a large number of games available is no guarantee of high quality.

Top-rated taekwondo betting sites usually offer the hottest games amongst their enormous range.

It isn’t always easy to find this combination, but fortunately for you, we have everything covered.

Customer service

Customer service is one of the most important aspects of any taekwondo betting site.

If you encounter a problem while betting, it is essential to contact a dedicated customer support agent. You can quickly become irritated if you don’t get the help you need.

Top-rated taekwondo betting sites know this, which is why they provide the right standard of customer service.

Generally speaking, their support team is available seven days a week and efficiently deals with customer complaints.

In addition, live chat is now a standard offering among the best taekwondo betting companies.

You may also find a helpful FAQ page that allows you to check commonly-asked questions at a glance.

As a result, you don’t waste valuable time waiting to chat to a customer service agent.

Does the site offer a welcome bonus?

Offering a welcome bonus is a common practice for taekwondo betting sites

Typically, you can expect plenty of strings attached.

Large betting requirements (usually 30x to 60x your deposit) and other restrictive conditions are most often required by taekwondo betting companies to release the bonus.

Therefore, welcome bonuses are rarely a good thing for players. That’s why you shouldn’t focus on them.

Looking for a taekwondo betting website with valuable VIP benefits and promotion is a better use of your time.

For most players, these are likely more beneficial than any welcome bonuses.

Although online betting offers excitement to millions of people, there are also dangers associated with it.

An increasing group of people have an addiction to gambling online, and many even lose their life savings.

Therefore, we would like to offer the following tips to ensure you enjoy using betting websites with taekwondo safely and sensibly.

Dos

Analyze the reviews written by the wegamble team to find out which taekwondo betting sites are worth your time, money, and trust.

Two-factor authentication (2FA) is a must if you’re serious about having a safe account.

2FA provides an extra layer of security because it requires two separate means of identification to log in.

When you try to access your account, you must use the code sent to your phone or tablet and know the password.

Given the dangers present on the Internet, you should look into a Virtual Private Network (VPN).

The fact that a VPN hides your IP address means you can keep your privacy intact when using a taekwondo betting site.

Once you’re on the taekwondo betting website, find the games that provide the lowest house edge and only spend money you can afford to lose.

In addition, write down your wins and losses to see if there’s a danger of getting out of control.

Take breaks every so often to clear your mind instead of losing track of time in front of the screen.

A break can get your mind back in the game or inform you that it is time to stop wagering.

If you find a handful of reputable taekwondo betting websites, learn which one provides the best bonuses to ensure you get value for money.

Carefully read the site’s terms and conditions and the rules of any game you intend to try.

Lastly, rather than using a traditional payment method like a bank transfer, see if you can use cryptocurrency instead.

With cryptocurrencies, you benefit from additional anonymity, and your bank knows nothing about your betting site with taekwondo account.

Things to avoid

If you begin spending more time and money than is advisable on a betting website, you may want to shut down your account.

Otherwise, there is a danger of becoming addicted, an issue that will cost you much more than just money.

With that in mind, never borrow money to gamble, as this unhealthy cycle can quickly see you fall into heavy debt.

No matter what, never chase your losses, as this aggressive tactic tends to lead to even heavier ones.

A sensible approach is to decide on an initial bankroll and a staking method and not deviating from them.

Ideally, you will access taekwondo betting websites from a secure Internet connection, preferably in your home.

In contrast, gambling on games in a café or another place with an open Wi-Fi network is dangerous.

With no password required, the wireless traffic is unencrypted and visible to everyone in range.

As a result, you lose your privacy; it is even possible to know if someone connects to their banking website.

One more piece of advice is to stay away from alcohol, marijuana, cocaine, or any other intoxicating drugs, legal or otherwise, while betting.

Such substances can lower your inhibitions, causing you to lose money at a faster rate than you thought possible.

Each wegamble team member is an experienced player, and the knowledge we’ve gained helps us create honest and detailed taekwondo betting site reviews.

Here is how the wegamble team gathers the information needed to provide detailed and informative content.

1. We register with the Taekwondo Betting Site and make a deposit

First of all, we go through the entire registration process of each taekwondo betting website we review.

Then we check for geographical restrictions.

This enables us to inform you whether your country is on the restricted list.

After accurately including our personal information, we deposit money.

Not only do we determine the full list of the requested information, but we also find out about the payment methods you can use.

By now, we know whether the process is quick and easy or long and complicated.

2. We play as many games as possible on the Taekwondo Betting Site

Creating a high-quality taekwondo betting website review involves a detailed analysis of what it offers.

This means spending many hours playing it to understand its games and features fully.

We dedicate a huge amount of time to play as many games from different sections of the site as possible.

In our opinion, it is a necessity to ensure we get a first-hand account to outline what you can expect.

We believe that betting for a long time gives us the best possible feel of a site’s design and lets us find bugs.

Finally, lengthy sessions let us know whether the taekwondo betting platform is likely to keep its users entertained, or reward its VIP players.

3. We contact customer service

We give great weight to the level of customer service provided by a taekwondo betting site.

It is extremely irritating when you need urgent assistance, only to find that customer support is unavailable.

Therefore, we talk to the customer service team of each taekwondo betting website we review and note how helpful it is.

This practice gives us an idea of whether a site takes customer queries and complaints seriously.

Our reviewers also discover the abilities of a customer support team by sending it complex queries.

4. We withdraw our balance

After using a site for many hours, we withdraw the money left in our account.

Knowing taekwondo betting sites’ withdrawal procedures is one of the most important aspects of our reviews.

Sadly, there are some low-grade betting sites that won’t let you take out your hard-earned cash.

For example, they may only request verification when you withdraw and hold your funds.

We find out whether players can expect to encounter any problems when they try to get their cash.

Other important aspects we consider include withdrawal payment options and how long it takes for the transaction to process.

5. We research more information and complaints about the site

However, our job isn’t yet done as we do our best to provide you with the most detailed reviews possible.

We also check out any complaints related to the taekwondo betting website, along with its overall reputation.

After this process, our knowledge of a taekwondo betting website is almost unrivaled.

If a site has problems or red flags, we discuss them in our review.

Of course, there is one final thing we always check.

6. We ask customers what they think

There are few better ways to get a clear picture of a taekwondo betting website’s reputation than to speak to real players.

We contact people who have experience using the taekwondo betting websites in our reviews.

While each reviewer offers a fantastic overview of what to expect from a site, it is incorrect to say one person’s experience is entirely representative of the site.

Perhaps the taekwondo betting site’s customer support team had a bad day, or the glitch we encountered was a one-off.

Yet when we talk to several people, it becomes clear whether a site has obvious issues or not.

At this point, we have little doubt that what you read in our review is what you can expect from the taekwondo betting site in question.

Our process takes a huge amount of time and effort. However, we believe it is worth it to help people looking to find a trustworthy and high-quality site.

By martial arts standards, taekwondo is a fairly modern hand-to-hand combat mode.

Korean martial artists with experience in different disciplines developed taekwondo in the mid-1940s, although it didn’t get the name until later.

After being widely practiced throughout South Korea, this martial art spread worldwide.

It first appeared in the World Games in 1981 and was featured as a demonstration event during the 1988 Seoul Olympics in South Korea.

Taekwondo became a medal event during the 2000 Olympics in Sydney and has been featured ever since.

World Taekwondo is the sport’s highest governing body and oversees its development while ensuring it is effectively governed as an Olympic and Paralympic sport.

Although it isn’t as big a wagering sport as MMA, markets are available on certain betting websites.

Our guide investigates what taekwondo betting websites offer and provides an overview of the sport’s rules.

What are the rules of taekwondo as a sport?

There are various taekwondo forms, but the International Olympic Committee recognizes the style associated with Kukkiwon in Seoul.

In Olympic-style competitions, fighters are only permitted to use a relatively small number of techniques.

Taekwondo is classified as a combat sport between two athletes in the same class.

For reference, there are four official weight divisions in Olympic taekwondo:

  • Flyweight

  • Featherweight

  • Welterweight

  • Heavyweight

Fights occur in an octagonal-shaped area, and competitors must wear a white uniform known as a dobok.

Each fighter wears a trunk and head protector, a mouth guard, sensing socks, gloves, and guards for their shins and forearms.

Taekwondo practitioners, also known as taekwondo, wear colored belts around their waists to highlight their rank in the sport.

There are ten grades (gup) and nine degrees (dan); the highest attainable level is the ninth dan black belt.

Taekwondo objectives & scoring

When translated, taekwondo means “the way of the foot and fist.”

Therefore, it isn’t a shock to learn that fighters score points by hitting their opponents in the head or torso with punches and kicks.

Taekwondo must use a straight punching technique and only kicks using a part of the foot below the ankle bone count.

In competitive taekwondo, matches consist of 3 x 2-minute rounds with a minute of rest between each round.

Typically, an electronic scoring system installed in the trunk and head protectors is responsible for keeping track of points.

However, a team of judges can also use manual scoring devices to award points for turning kicks and punching techniques.

Here is how a competitive taekwondo match is scored:

  • One Point: A legal punch to the trunk protector; also, if one fighter is penalized, a point is awarded to their opponent

  • Two Points: A legal kick to the trunk protector

  • Three Points: A legal kick to the head

  • Four Points: A legal turning kick to the trunk protector

  • Five Points: A legal turning kick to the head

Penalties in competitive taekwondo

Also known as a gam-jeom, a taekwondo penalty occurs when a fighter strikes an opponent below the waist or punches them in the face.

It is illegal to strike an opponent with the head or knee, and using one’s leg to block an attack is also prohibited.

Here are a few other things considered illegal in competitive taekwondo:

  • Kicking the leg of an opponent to prevent a kicking attack

  • Leaving a leg in the air for over three seconds as a tactic to halt an opponent’s attacking plan

  • If a judge decrees that a kick was aimed below the waist

  • Kicking the trunk protector with the bottom or side of the foot with the knee pointed outwards in a clinch position

  • Attacking an opponent while they are on the floor

How is a taekwondo fight decided?

The simplest method of determining a winner involves looking at the fighter with the highest total after three rounds.

However, if one fighter is 20+ points ahead in rounds 2 or 3, the fight finishes via the Point Gap ruling.

The referee has the power to stop a contest if one competitor is injured and unable to defend themselves or to protect a fighter’s safety.

If a fight finishes level after three rounds, a Golden Point Round begins; the first person to score two points wins, but the bout can end if one person commits two penalty offenses.

Should a Golden Point Round end with no winner, the Win by Superiority rule comes into play.

In this case, the athlete can win if they score one point and their opponent gets nothing.

The fighter with the highest number of hits recorded by the electronic scoring system in the golden round may be declared the winner.

Alternatively, the competitor who won the most rounds in the bout could receive the win.

When all else fails, the fighter who receives the fewest penalties in the match may achieve a Win by Superiority.

Finally, a fight can end prematurely if one athlete is disqualified or commits ten penalty offenses in a match.

There is much more we could write about this sport, but it’s time to focus on the available taekwondo betting site markets.

What are the most popular taekwondo Betting markets?

Once you find a reputable taekwondo betting site, you may find a limited number of markets since the sport isn’t massively popular for wagering.

Even so, whatever betting site you use, it will likely have at least some of the following options.

Fight winner

This is the best market for those seeking a gentle introduction to the world of taekwondo.

It is a simple binary choice between two fighters; select the one you think will win and hope for the best.

Although taekwondo betting sites should pay out if your selection wins in the golden point round, it is a good idea to check their terms and conditions just in case.

Tournament winner

Apart from the world championships and Olympics, taekwondo events occur throughout the year.

Depending on the taekwondo betting company, you may be able to bet on several tournaments.

These could include grand Prix and world cup team events.

To make the podium

The competitive nature of taekwondo means that choosing an outright winner isn’t an easy task.

Alternatively, an event may have a favorite with prohibitively short odds.

In this case, you can select a fighter to finish in the top three, although this process isn’t as smooth as you might think.

In the 2020 Olympics, there wasn’t a straightforward bronze medal match between individuals beaten in the semis.

Instead, there was a Repechage round where fighters who lost to the eventual finalists in the first two rounds faced off.

The winners of this initial round fought the two losing semi-finalists, and ultimately, two bronze medals were awarded.

Method of victory

There are several ways to win a competitive taekwondo event, with the standard points victory usually the most likely outcome.

However, you can also wager on a fighter to triumph via point gap, referee’s stoppage, or win by superiority.

Realistically, finding any taekwondo betting site that offers this market will prove tricky.

Points handicap

This is another market you could struggle to find on taekwondo betting sites.

The nature of taekwondo means that the handicap shouldn’t exceed 20 points due to the points gap rule.

However, this still gives the betting website plenty of scopes to offer a spread, particularly in contests expected to be relatively close.

You could also get value on alternative points handicaps if they are available.

Suppose you back fighter A on the -13.5-point handicap; this means you need them to win by 14+ points for your wager to succeed.

Your wager should also be settled as a winner if your selection triumphs via the points gap rule.

Winning on taekwondo Betting: Important information

A lack of data on fighters is a problem everyone must overcome when betting on taekwondo.

The World Taekwondo official website should be your first port of call.

There, you can get plenty of information on the results of previous events.

Before getting involved with any market, check out the head-to-head record of each fighter.

Doing so could help you determine if one fighter has a stylistic or psychological advantage over an opponent.

Also, be wary of betting on a favorite at very short odds if they have never fought their opponent before.

They could run into difficulties against an unknown style, and with only six minutes of action, the clock is against them if they start badly.

If you find a reputable taekwondo betting platform, check out its market to see if there are value bets on offer.

Taekwondo isn’t popular for betting purposes, so betting companies that have it available might struggle to produce accurate odds.

If you’re new to taekwondo betting platforms, they may seem a little intimidating.

However, we’re confident that once you’ve followed our advice, it will seem much easier.

Select a Taekwondo Betting Site from our list

A quick search for taekwondo betting websites online will reveal an enormous number of options.

Sadly, there are many sites you can’t trust.

The wegamble team has reviewed a huge proportion of available sites for your convenience.

We believe our comprehensive review section offers everything you need to know about betting sites with taekwondo to make an informed decision.

You should select several taekwondo betting websites from our list to properly compare their different characteristics, such as game variety and odds.

Analyzing multiple sites side-by-side enables you to determine the best fit quickly.

Happy with your pick? If so, please proceed to the site’s registration page.

Complete the registration process

Creating an account with any betting platform with taekwondo involves registering and entering your personal information.

Please ensure you add the information carefully, particularly relating to the currency you want to use and your location.

Many taekwondo betting websites have geographical restrictions, so you need to ensure that people from your country are allowed to play.

A betting platform could suspend your account later if you live in a restricted area and lie about it.

What’s worse is that some betting websites with taekwondo only perform verification after you have won money.

When you try to withdraw, they freeze your account and keep your winnings.

Should your initial selection ban people from your nation, return to our list and choose another taekwondo betting site.

That way, you don’t get a nasty surprise later on.

Deposit funds

Congratulations! You have successfully registered! Now you can deposit and begin betting.

Before we go any further, we must stress that you should only ever bet with money you can afford to lose.

Have a strong idea of how much you can spend, and never go above that limit.

Doing so ensures you have fun without feeling pressured because you lost too much money.

Check out our payment methods section to learn more about the various depositing options.

Finding the best sports markets

You’ll find it easy to find sports online thanks to the rapid increase in available betting sites.

You are spoiled for choice when it comes to sports markets.

Soccer, NFL, horse racing, and golf are among the most popular sports.

You might have an idea of the sport that interests you the most.

If you don’t, it is crucial to focus on the prices and markets available on taekwondo betting websites.

Also, set a limit on how much you stake on each sporting event to keep your bankroll under control.

Withdrawing money

Congratulations! You have made some clever moves and now want to withdraw your money safely.

You need to check the taekwondo betting website’s terms and conditions to see if there are any withdrawal restrictions.

Some betting platforms with taekwondo have specific requirements, and you can’t withdraw money until you fulfill them.

You’ll also discover that the process of depositing and withdrawing is easier when you use the same payment method for both.

However, you can choose something different, but you will need to enter additional details.

Review the available payment methods as the timeframe for receiving money can vary from minutes to days.

Hopefully, the huge range of games on taekwondo betting sites proves entertaining to you.

Unfortunately, online gambling isn’t always safe.

Basic safety

First and foremost, set a limit on how much you’re prepared to lose, and stick to it.

Don’t be afraid to get help if you think you have a gambling addiction.

The taekwondo betting site industry is not well-regulated, so read our comprehensive reviews before choosing any provider.

Using a public Wi-Fi network to wager is a bad idea because your activity is visible to others on the network.

You should also have two-factor authentication (2FA) to reduce the risk of someone accessing your account and stealing your money.

Consider using cryptocurrency instead of fiat currency on taekwondo betting websites to keep your bank in the dark about your pastime.

Finally, don’t get involved with betting websites with taekwondo while under the influence of alcohol or drugs, and don’t chase your losses.

Other things you can check

Before registration, find out what you can about the customer service quality of a taekwondo betting site.

Imagine depositing a significant amount of money, only to discover that the site doesn’t want to know when you have an issue.

Along with licenses and reputation, the customer support provided by taekwondo betting companies is among the most important criteria in our reviews.

You could also approach sites with caution by depositing small sums of money at first.

Focus on the quality and quantity of the games available to determine if the taekwondo betting platform will continue to grab your attention.

Almost every one of them offers bonuses, but you should investigate them to see if they suit your needs, level of play, etc.

It is also essential to use a taekwondo betting website that comes with SSL certification to store your private data safely.

If you use crypto

Cryptocurrency use on taekwondo betting sites is growing in popularity, as companies even offer bonuses for using it.

If you know how to use crypto transactions, you’re already aware of their speed, not to mention their anonymous nature.

One downside is that mistakes are easy to make and extremely costly when using digital currency.

As a result, take extra care to get the wallet address right when sending or receiving crypto.

Check the last ten letters to ensure there are no errors in the transaction.

You may never get the money back if you send it to the wrong address.

Other essentials include checking the crypto and blockchain you intend on using.

Otherwise, you could deposit a lot more money than you intended or send the wrong currency.

Even a seemingly small mistake like this could cost you money, given that crypto assets are so volatile.

There are many payment options with taekwondo betting websites.

Nonetheless, it is a mistake to assume one choice is as good as the next.

There are advantages and disadvantages to each.

The method you choose depends on your requirements.

We provide a quick review of several payment methods, so you can determine the best one for you

Bank transfers

Those who favor bank transfers suggest that they are safe and secure forms of payment.

Nonetheless, this form of payment is inferior to debit or credit card payments in almost every way.

Ensuring that your bank account is verified with the taekwondo betting website is essential to proceed.

This means the bank contacts you if it uncovers suspicious activity on your account (KYC protocols).

Although this is good from a safety perspective, bank transfers remain extremely slow.

It can take several working days for transactions to process.

Unless you already have money in your taekwondo betting platform account when depositing, you’ll have to wait to join the action.

Also, it is frustrating to enjoy a big win, only for it to take a long time before the money gets to your bank account.

Then there is the small matter of giving banking information to taekwondo betting sites, which isn’t to everyone’s liking.

Unfortunately, depositing or withdrawing money via bank transfer on a taekwondo betting site could spell the end of a mortgage application.

There is little question that a bank transfer is among the least desirable payment methods when using taekwondo betting sites.

Credit/Debit cards

This form of payment remains the most popular option amongst taekwondo betting sites players.

Companies such as MasterCard, AmEx, and Visa are among the leaders in the industry.

With a debit or credit card, you benefit from rapid transactions.

When you use these cards, withdrawals and deposits are extremely quick.

Cards are also an extremely convenient method of payment.

However, debit and credit card companies are not big fans of taekwondo betting site use.

Also, it is unwise to use debit or credit cards if you plan to apply for a mortgage one day.

Certain banks have refused mortgage applications after discovering a customer’s betting website with taekwondo activity.

This means you’re better off looking into other forms of payment on taekwondo betting websites instead.

Cryptoassets

This is a form of decentralized money that is becoming a popular method of buying things online.

There are thousands of cryptocurrencies, including Bitcoin, which has the biggest market cap, Ethereum, and Cardano.

Benefits of cryptocurrencies

The use of cryptocurrency on betting sites with taekwondo is increasing due to the level of security involved and the bypassing of banks it allows.

When you use digital currency, a bank account is unnecessary.

As a result, players have far more privacy with cryptocurrency than credit/debit cards or E-wallets.

The transactions are anonymous, although this is far from being the only big benefit of digital currency.

For instance, most cryptocurrencies provide extremely fast transactions.

Taking Bitcoin as an example of digital currency’s safety, hackers still can’t figure out how to get into its networks.

From a financial perspective, you might receive a bonus from a taekwondo betting website for using a digital coin.

This is because crypto benefits the betting websites with taekwondo too.

They enjoy additional privacy and pay lower fees than with other payment methods.

Downsides of cryptocurrencies

Yet you must understand the risks associated with using digital currency.

For a start, all cryptocurrency transfers are non-reversible.

Therefore, if you accidentally use a scam betting site, you lose your money forever.

The lack of regulation means the bank can’t help you.

Then there is the small matter of huge and rapid changes in a cryptocurrency’s value.

It is good news if you win a jackpot, hold the crypto, and the price goes up.

However, if you keep your crypto balance, you could also lose much of its value compared to paper money in a short period.

Cash to tickets

With this method of payment, you use vouchers as cash in taekwondo betting sites.

Prominent companies include PaySafeCard, CashtoCode, and Flexepin.

Advantages of cash to tickets

At present, North America is one of the most popular locations for cash to ticket use on taekwondo betting websites.

They are extremely secure, and using one involves entering a PIN code to activate the voucher’s balance.

Go to any convenience store in North America, and there’s a good chance you’ll find a cash to ticket.

Certainly, there is more privacy from this payment method than with credit cards or bank transfers.

As you must buy a separate voucher, you can enjoy anonymity on a taekwondo betting site.

In addition, the ticket’s balance is the maximum you can spend, so it is more difficult to overspend than with a debit or credit card.

Disadvantages of cash to tickets

However, this payment method works like cash and is easy to lose.

If you win money, you can’t withdraw it via the voucher.

For high rollers, the limits on a ticket’s balance often prove far too low.

In addition, once you buy and use a cash to ticket, you can’t reverse the transaction.

Therefore, using it on a scam betting site with taekwondo means you lose your full balance.

Lastly, a cash to ticket is an old-fashioned form of payment that doesn’t suit modern gamers.

You have to travel to a local store with cash every time you want a new voucher.

E-Wallets

With an electronic wallet, you get to keep money online and switch it to your taekwondo betting website account.

When considering E-wallets, look for well-known providers such as Neteller, Skrill, and PayPal.

Advantages of E-wallets

The process involves transferring money into the E-wallet from a debit/credit card and moving the money as you please.

As long as you have money in your E-wallet, the transfer is instant.

E-wallet transactions also shield your activity from the bank.

It can never know for sure what you’re using the money for.

As a result, you should have fewer worries about applying for loans such as a mortgage.

Fortunately, almost every betting website with taekwondo worth using allows customers to transfer money via an E-wallet.

What’s more, the process of setting up an E-wallet takes a matter of minutes.

Downsides of E-wallets

Even though it has many benefits, there are a few minus points to consider.

First of all, E-wallets occasionally charge high fees for withdrawing money or converting currency.

E-wallet merchants are strictly regulated.

This means you could find it tough to withdraw your balance depending on the country you live in.

E-wallet companies may also temporarily freeze your account while they conduct checks.

On occasion, this sometimes lengthy process can result in account closure.

Finally, E-wallets have gained a reputation for providing extremely poor customer service.

If you have a pressing issue with your account, it could take them weeks to help you solve it.

These days, taekwondo betting websites realize that a failure to offer generous bonuses and rewards to customers could damage their revenue.

Bonuses are a time-honored way of making people happy and ensuring their loyalty.

However, not every reward is useful, so you need to check out the terms and conditions associated with each taekwondo betting company’s offering.

It is time to analyze the standard taekwondo betting site bonuses, paying special attention to what you can expect upon registration.

No deposit bonuses

The no deposit bonus often seems like the best offer because it is effectively a free gift.

It is worth using as a risk-free way to determine whether the taekwondo betting website is right for you.

While you don’t have to make a deposit, you do need to adhere to certain rules.

The most common condition involves making plays worth at least 30 times the bonus.

For instance, a site might give you a $10 bonus, but you have to make $300 of bets before you can take the money.

Even so, it is usually worth claiming the no deposit bonus so you can get a risk-free feel for the taekwondo betting site.

It is important to note that sites tend only to offer it to new customers.

Welcome bonus

Almost every taekwondo betting site offers a welcome bonus once you sign up and deposit.

Although taekwondo betting sites paint it as a gift, it is a means of getting you hooked on the available games.

Typically, you receive a 100% match-up bonus, which doubles (matches) your initial deposit.

Suppose you deposit $100, the betting website with taekwondo will add another $100 so that your starting balance is $200.

Another standard welcome bonus is a set amount of free spins for a game the betting site with taekwondo is trying to market.

Many welcome bonuses look generous at first glance.

Dig a little deeper, though, and you’ll soon come across plenty of conditions that drastically reduce any benefit you get.

For instance, almost every taekwondo betting website has a catch; you have to use 30-60x your original deposit before withdrawing the bonus.

Consequently, unless you bet with at least $3,000 after a $100 deposit, you can’t turn the bonus into withdrawable cash.

Reload bonuses

You only get a reload bonus for depositing more money.

While the welcome bonus gets you started, a reload ensures you continue using the betting site with taekwondo.

If you use a specific site a lot, you might earn reload bonuses every few weeks or monthly.

You’re unlikely to see a reload bonus advertised online; instead, you get the offer via email or text.

This is mainly because this bonus is often personalized and depends on how much someone spends on the taekwondo betting site.

Like welcome bonuses, reloads tend to have catches; one of the most common is a minimum deposit.

However, you’ll probably continue to get reload bonuses from a betting site with taekwondo if you’re a loyal customer.

VIP bonuses

These bonuses have many names, including loyalty, VIP, exclusive, or high roller bonuses.

If you deposit a lot of cash and are on the betting platform with taekwondo often, you’ll likely receive such a bonus.

Exclusive bonuses can include free spins or bets, higher withdrawal limits, and other perks not available to standard site users.

However, even at a high roller level, there are layers of bonuses, with the individuals on the top benefiting the most.

A cashback bonus is another example of an exclusive reward, and it provides partial compensation for losses.

If a betting website with taekwondo offers it, check the terms and conditions to see what percentage of your losses it returns monthly.

Although you may enjoy getting VIP bonuses, carefully monitoring your losses is a good idea to keep things under control.

Alyx Tzamantanis
Author
Gambling Expert
Alyx Tzamantanis, a sports writer, casino enthusiast, and aspiring crypto queen, brings her unique perspective to the crypto and betting scenes since joining in 2022. With a sports and iGaming background, she crafts up-to-the-minute news, reviews, and informative guides to explore the thrilling world of crypto, casinos, and sports betting, while expressing her love for Arsenal and following F1 drivers on social media.