Getting Started With a Bitcoin Sportsbook

Legality

If you are considering betting on sports using a bitcoin or any other crypto currency you will need to do your homework first. There are a few things to keep in mind such as the UIGEA (Unlawful Internet Gambling Enforcement Act), a recent US court ruling that allows a bit of regulation on this front, and the fact that most Americans cannot legally bet on sports over the internet.

However, it is still worthwhile to consider the benefits of this technology. First of all, it's a decentralized cryptocurency - which means no central authority to interfere with the transfer of your crypto coins. Secondly, it is the most secure form of payment imaginable, which is a boon to anyone who's ever had to deal with the pitfalls of a high-jacking or theft of credit card information. Finally, the most enticing thing about betting with Bitcoin is its privacy. By transferring your crypto funds to an external wallet address you'll be able to play online poker or wager on the horses without exposing your personal information.

Deposit methods

The best sportsbooks offer a wide variety of deposit and withdrawal methods. Most use traditional methods, such as a credit or debit card, but some prefer cryptocurrencies. Cryptocurrency has the benefit of being fast and secure.

Some online providers are now offering a free way to transfer bitcoins, such as the Global Digital Asset Exchange from Coinbase. A few other providers offer automatic withdrawals. However, if you are planning to make a big transfer, chances are you will need to use a bank wire.

Several sportsbooks offer a special bonus when you use Bitcoin. crypto sportsbook offers a 100% first deposit bonus, a 25% "extra bonus" for deposits with bitcoin, and a 35% reload bonus.

Other popular banking methods include checks, money orders, and e-wallets. These methods can be convenient, but they also carry fees.

Bonuses

A great Bitcoin sportsbook should offer competitive betting markets, a wide variety of bonuses, and an impressive selection of deposit and withdrawal methods. The best sportsbooks also offer fast payouts and convenient features like live games and tournaments.

While the best sportsbook sites will often give you a nice bonus when you sign up and make your first deposit, you should also look for other features to make the experience even more enjoyable. For example, you may want to check out a site that offers wallet services so that you can easily deposit and withdraw.

Another feature that should be on your list is a good customer support team. With a top sportsbook, you should always be able to get help if you have any issues. Many of these sites also offer excellent rewards for being a regular player.

Mobile apps

If you want to bet on your favorite sports with Bitcoin, you can do so easily by using a mobile betting app. These apps are available for both Android and iOS devices. You'll find that a number of Bitcoin sportsbook mobile apps offer the same level of betting options as their desktop counterparts, but have a few more features.

Most of the top Bitcoin sportsbook sites allow you to deposit and withdraw your funds using your preferred cryptocurrencies. They also have plenty of bonus incentives, and they aren't limited to just the usual deposit and withdrawal methods.

The best sportsbook apps will also allow you to use your mobile device to place bets, including live wagers. Some of these apps will also provide the option to wager on specific events, such as the Super Bowl.

XBets

XBet is a premier sportsbook that offers hundreds of betting lines across a wide variety of sporting events. The site is primarily targeted at players in the US, and has a strong focus on popular US sports leagues.

XBets features competitive odds, in-game wagering, and convenient banking options. Users can deposit and withdraw using major credit cards, echeck, or through a variety of cryptocurrencies.

The XBets bitcoin sportsbook allows same day withdrawals of your winnings with Bitcoin. This offers several benefits, including anonymity, quick payouts, and high security. However, it may take up to a week or two to receive your money.

XBET also has an enticing welcome bonus that is 100% deposit match up to $500. To activate the bonus, you will need to provide a few basic pieces of information. For instance, you will need your date of birth, full name, and email address.