Is crypto sports betting safe?

Could you elaborate on the safety concerns surrounding crypto sports betting? With the emergence of digital currencies, there seems to be a growing trend towards using cryptocurrencies for sports wagering. However, there are many uncertainties and potential risks involved. What measures should bettors take to ensure their transactions are secure? Are there any regulatory frameworks or oversight bodies that oversee crypto sports betting to ensure fair play and transparency? Additionally, how can bettors identify reliable and trustworthy crypto sports betting platforms? I'm keen to understand the risks and challenges associated with this emerging trend in the gambling industry.