Top Bitcoin Sports Betting Sites

Bitcoin is a peer to peer transaction company which helps users send money to anyone in the world. Bitcoin isn’t based out of a certain bank, though. Instead, it is its own form of currency, which you purchase, either from the site itself or through a Bitcoin ATM. You can even purchase them at certain banks, as well, but that process takes a bit longer. Bitcoins daily value fluctuates with the market, so you’ll have to learn how to read the conversion rates, but it’s actually really easy. Just remember, buy low, sell high.

You may be thinking that Bitcoins could crash, but actually, they’re extremely safe. This is because there is a finite amount of Bitcoins produced, ensuring that the currency always has some sort of value. Bitcoin doesn’t require any personal financial information when you sign up for your wallet, and never asks you to send any information that you’re not comfortable sending when you use the site to make transactions. Bitcoin is an amazing tool for people who wish to fund their online sports betting accounts because it cuts through all of the red tape that seems to come along with every other banking method.

Bitcoin is a separate entity from any financial institution, making it the fastest method that doesn’t have to adhere to the UIGEA or any other US banking regulation. Because it is completely digital, Bitcoin sports betting software takes mere moments to process how much you want to send and where you want to send it. Withdrawing is just as easy and just as fast. All currency conversions are taken care of by the sportsbook and Bitcoin, and there’s no risk of a payment getting lost in the mail or waylaid by more banking restrictions. Withdrawals never take more than 48 hours to arrive in your wallet and fees are minimal if at all existent. There really is no better way to bank with a sportsbook than with Bitcoin. Below, we’ll go over the legality of using Bitcoin for sportsbooks, how you can open a Bitcoin wallet to fund your sportsbook, and even the top Bitcoin sportsbooks available in your area.

Depositing with Bitcoin is relatively straightforward. If you haven’t used it for sportsbook transactions before, there are a few steps you’ll need to follow before you are able to fund your account. First, you’ll need to create a Bitcoin wallet. Once you’ve done that, purchase your Bitcoins.

Once you’ve purchased your Bitcoins, you can then transfer them into your wallet. From there, log on to your sportsbook of choice and enter the amount you’d like to deposit into that account. The Bitcoin sportsbook software will then convert the Bitcoins to whatever currency the sportsbooks deal with. Each transaction takes minutes, at most.

Withdrawing through Bitcoin just reverses the process, taking however much you designate for withdrawal from your sportsbook account, converting it into Bitcoins and sending it to your BTC wallet. Depending on what the conversion rate for a Bitcoin is when you collect your payout, you can either take them off right away or leave them in your wallet until they’re a bit more valuable. Withdrawals from sportsbooks take up to 48 hours but are usually finished a couple of hours after the request is made.

There are only a few sportsbooks that can truly claim to be top Bitcoin sportsbooks. With so many different sites floating around, though, it can be hard to know which ones are really at the top of their game. Below, we’ve gone ahead and provided a couple of Bitcoin sports betting reviews. These sportsbooks are reliable, easy to use, and have the best betting lines available to US residents.