More and more people are betting on cryptocurrency. At the same time, more and more people are betting with cryptocurrency.
Online sports betting grows in popularity by leaps and bounds every year, If you’ve got a mobile device and access to the internet, it’s possible to wager on the outcome of sporting events from just about anywhere and at any time of day, thanks to the access to worldwide betting markets.
There’s been one persistent issue with online sports betting and that’s the ability to easily make deposits and especially, withdrawals from a player’s account. Most major credit card companies aren’t keen on their cards being utilized to complete transactions with online sports betting sites. Some have even been known to reject such attempts to make these deposits.
This is where cryptocurrency rides to the rescue. This form of payment always cashes in a winner. Deposits made via cryptocurrency will never be rejected. Many online sports betting sites encourage the use of cryptocurrency by offering bigger signup bonuses to players who opt for this form of payment. On top of that, cryptocurrency is highly secure and allows anonymity to the user of the betting site.
Benefits Of Betting With Cryptocurrency
Why bet with cryptocurrency? Perhaps the better question to ask of bettors is why haven’t they been betting with cryptocurrency?
By using the Blockchain, players can rest assured that their deposits and withdrawals can’t be traced. Their identities are secure, and in this day and age when identity theft is always a concern whenever involved with any online transaction, doing all your online sports betting transactions through cryptocurrency eliminates that worry. Now you’re free to focus all of your attention on locating the best bets on that days’ action.
Cryptocurrency transactions can be made to one region while being located in another area of the world. There’s no worry about converting funds to the local currency and wondering about what the exchange rate is each day.
The speed of use is another bonus that cryptocurrency delivers. Depositing via an e-wallet or by bank wire transfer can be a tedious process, sometimes taking as much as 3-5 days to go through and get into a player’s account.
As well, online sportsbooks historically can be notoriously slow about paying out a withdrawal to a customer. There are some sites that will only do so via an old-fashioned check delivered through snail mail.
That’s not an issue where cryptocurrency is concerned. All transactions in the Blockchain are processed almost immediately. And it’s relatively unheard of for a sportsbook to charge any sort of processing fee on a transaction involving cryptocurrency.
Betting Sites That Accept Cryptocurrency
New players who open an online sportsbook account with cryptocurrency usually can expect an extra signup bonus.
There are several online sports betting sites that will accept your cryptocurrency but these are among the best ones currently available.
One of the oldest online-only sports betting sites out there, Bodog has been taking bets since 1994. And they love players who use cryptocurrency.
Regular players are welcomed with a signup bonus offer consisting of a 100% first deposit match up to $200. However, those who opt to deposit with cryptocurrency will collect a bonus of up to $300 in sportsbook free bets and $900 in casino free plays.
This site, created by German bookmaker Detlef Train, made history on Jan. 17, 1996. Finnish bettor Finnish handicapper Jukka Honkavaara placed a $50 wager on the Tottenham Hotspur vs Hereford United English football match. It was the first recorded sports bet ever accepted online.
Intertops offers new players a 100% signup bonus worth up to $500. However, players who make their first deposit in cryptocurrency will double that bonus to a maximum of $1000.
New players who utilize cryptocurrency can access several varieties of bonus offers. The most lucrative is a 50% matching sign up bonus that goes to a maximum of $500.
Continue to employ cryptocurrency and you’ll continue to get paid. BookMaker offers reload bonus offers worth up to $5000. And that offer is good on every reload you make to your account.