Comparable to a transaction via credit card, Paysafecard or a payment service provider such as PayPal, Skrill or Neteller. deposit durationĭeposits are via BTC usually directly available. You can then transfer the bitcoins from an e-wallet, which you have to set up beforehand, to the betting provider and use them there for betting. In order to get Bitcoin sports bets, you have to register with an exchange and exchange real money for Bitcoins there. Of course only if the Bitcoin sports bets are accepted. You can only pay with the BTC online, accordingly also with the online betting provider. Select the desired amount of the deposit on the account.Ĭonfirm the transaction and debit the bitcoins from the wallet.īTC is one of several cryptocurrencies that are well on the way to establishing themselves as a widely accepted means of payment. Link the corresponding wallet to the account with the provider. Then go to your betting account, select “BTC” in the deposit menu and follow the further instructions. The bitcoins are then ready on an e-wallet that only you have access to with a password and your username. There you make a deposit by credit card, PayPal or instant transfer and can then exchange your credit for Bitcoin sports bets. Compared to the past, there are now quite a few of them. Btc sportsbookīefore you can make a deposit with Bitcoin sports betting, you must first register with an online exchange. The longer they exist, the more often Bitcoin sports bets will be possible with betting providers. Nevertheless, it will probably work the same as with other payment methods. However, only a few online shops and betting providers currently offer BTC as a payment method. There are currently not many Bitcoin betting providersĬryptocurrencies are still a new means of payment that has not yet established itself. Bitcoin bets also have advantages for the bookies. Bitcoin sports betting, on the other hand, does not incur such a fee. If he does not have the corresponding fee paid to the customer. Because for every payment made by a customer, the betting provider has to pay a fee to the respective payment medium. You can read here which betting providers already offer Bitcoin sports bets:Īnother point that speaks for other Bitcoin betting providers in the future is the issue of fees. However, these are still rare in comparison to the masses. Therefore, it seems only too logical that more and more Bitcoin betting providers are available. It can be assumed that cryptocurrencies will become even more important on the payment market in the future. The BTC is currently on everyone’s lips and is also on the rise in sports betting.
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