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  • Crypto Curriencies and Sports Betting

    Where sports betting is legal, the legacy banking system is not always a match made in heaven when it comes to moving funds to and from sportsbooks. High fees, slow transfers, account closures and chargebacks are a few things that both players and sportsbooks have to deal with. Today a lot of sportsbooks accept payments in bitcoin, litecoin, dash, and other cryptocurrencies. Let´s take a look at some of the pros and cons of using crypto at sportsbooks.

    There are two basic types of sportsbooks that accept crypto. Traditional sportsbooks that use it as a payment method. When your bitcoin, litecoin, dash or other crypto is deposited then it is automatically converted into fiat value (USD, GBP, EUR, etc). Then there are the so-called "Bitcoin Sportsbooks“, where everything is 100% crypto. For example, not only can you deposit and withdraw in bitcoin or crypto, but the bet amounts are also denominated in crypto as well. There are no dollar, sterling or euro signs to be found on the entire website. Both have their risks and rewards.

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  • Crypto has been taking off last few days...wow glad I bought it on the dip at 3k.

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    • Originally posted by win euro win View Post
      Crypto has been taking off last few days...wow glad I bought it on the dip at 3k.

      Right...sure you did...let me take a wild guess you own 100 of em right?

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