Using Bitcoin for Sports Betting
Everywhere you look, Bitcoin is grabbing headlines. From its origins as an arcane algorithm understood by only the sharpest computer scientists, Bitcoin has ascended to such dizzying heights such you can find it making waves on dominant media platforms, ranging from the likes of Bloomberg to TMZ. Everyone from Warren Buffet to Paris Hilton has an opinion on it. Believe the hype, because Bitcoin is going to stick around; its poised to continue its torrid surge in use, relevance, and value.
Like they always are, sportsbooks were some of the first significant adopters of new financial technology, in this case, Bitcoin and blockchain technology. Funding your betting account with Bitcoin has many benefits, both for you and your chosen sports betting site. Dealing with the “internet of money,” and learning what a “cryptocurrency” is in practice, might seem complicated at first glance. We’ve created a series of easy to understand, step-by-step guides to everything you’ll need to start betting on sports with Bitcoin. With our expert knowledge of all things Bitcoin, and extensive experience betting on sports with and without Bitcoin, we can make you Bitcoin saavy in no time at all!
Introduction to Bitcoin & betting
We let Jessica and Trevor explain what Bitcoin is and how to use it to bet on sports.
Our Bitcoin guide for sports betting
First, we take you through how to both acquire and store Bitcoin online. This process can be unnecessarily complicated, but it’s a breeze with the help of this guide. To cover all the bases you’ll need, we also provide you with an extensive list of Bitcoin resources. We leave no stone unturned, taking you wallets and exchanges of all types. Once you get the hang of it, Bitcoin is really as easy to use as PayPal, Neteller, or any other payment platform!
Secondly, we move on to some sports betting specific information. How do you deposit Bitcoin at your sportsbook, and how do withdraw it? Are there bigger bonuses available for Bitcoin bettors? Read on to find out the answers to these questions!
Next, we walk you through the many advantages of using this currency for payments and why you’ll get a better deposit bonus if you use Bitcoin. You’ll want to read this, because you’d likely never be able to guess how far-reaching and extensive the benefits of Bitcoin are, for you and your sportsbook.
Lastly, we go over all the common questions, concerns, and the like we’ve accumulated in relation to Bitcoin betting. We like to be very comprehensive, and providing you with a list of questions we couldn’t work into our other guides is our way of doing that.
As always, if you have any questions that we don’t cover in any of these guides, feel free to contact us! We want to equip you with as much knowledge as we possibly can, and we’re always ready to help.
There is nothing complicated about dealing with bitcoin, and it’s actually very easy to use once you get the basics down. So get out there, explore the virtual currency, and give yourself a more secure and private way of making online transactions.