How to Use Bitcoin for Sports Betting

bitcoin

`Since the Supreme Court now allows states implement sports betting more an more online sports books are allowing bettors to use Bitfoccoin to bet on sports.

Many people want to know if they can use Bitcoin to place sports bets in the US and there are a number of online sports books that allow betting using bitcoin

Advantages of Sports Betting Using Bitcoin

Bitcoin is the most popular type of cryptocurrency. Crytocurrency is a digital currency that uses encryption techniques to regulate the generation of units of currency and verify funds transfer of all type. Cryptocurreccy operates  independently of a central bank like the US Federal Reserve.

When a sports book uses Bitcoin (or other Cryptocurrency) the sports book can process your deposits and withdrawals instantly, so you no longer need to wait weeks for a payout. Banking is free, so the bettor has more money in their player account.

Bitcoin sports books allow bettors to bet on every major sport around the world including all the NFL, NBA, AFL European and other professional sports.

How to Pick a Bitcoin Sports Book

What bet types are available?

Do they offer two part authenitification?

Do they have Zero Processing Fees?

Do they Offer Live-in Place Betting?

Here are some available Bitcoin Sports Books

  • Bovada Sportsbook All USA welcome except New Jersey, Nevada, Delaware, New York & Maryland states)
  • MyBookie Sportsbook (All American states accepted)
  • Sports Betting AG (All American states accepted)

 

 

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