Bitcoin For 18+ Sports Betting
Funding your account at 18 and up online sportsbooks is always a hurdle for new members because the process can seem a bit convoluted. This is especially true with traditional sports betting banking methods such as credit cards, cashier’s checks, and so on. However, if you use Bitcoin for 18+ sports betting online, you will run into no such hurdles, and you’ll be able to take advantage of instant deposits so you never miss out on a valuable line.
Betting odds change by the minute, so if you don’t have a way to get money into your account ASAP, that can be the difference between an epic payout and a huge loss. Bitcoin is the fastest and most reliable way to get your bets funded online. Add to that a selection of enhanced bonuses and the fact that Bitcoin is the only same-day payout method, and you can see why this cryptocurrency should be an integral part of your online gambling arsenal.
Best 18 And Up Sportsbooks Accepting Bitcoin Deposits
The top online sportsbooks for 18+ players accept a host of different deposit and withdrawal options, and many books vary in the types of payments they support. However, all the major operators in the space have one thing in common, and that’s that they all accept Bitcoin for both deposits and withdrawals.
The following Bitcoin sports betting sites are all worth your consideration in and of themselves. However, you should also remember to shop lines between multiple books to guarantee that you get the best possible payouts for any given matchup, which is why we advise joining at least two services. The bonus offers in the table below reflect enhanced offers for using Bitcoin where available.
|Bovada||75% Up To $750||4.3/5||Visit SiteReview|
|Mybookie||100% Up To $1,000||4.6/5||Visit SiteReview|
|Betonline||100% Up To $1,000||4.6/5||Visit SiteReview|
|Xbet||100% Up To $500||4.4/5||Visit SiteReview|
|SportsBetting||100% Up To $1,000||4.2/5||Visit SiteReview|
|Bookmaker||100% Up To $300||4.1/5||Visit Site|
What Is Bitcoin?
Bitcoin (BTC) is a cryptocurrency, which – at the time of its launch in 2009 – was the first-ever crypto. And though there are thousands of altcoins today, BTC remains the biggest hitter by far. It is the most popular and widely used form of alternative currency in the world, and it bypasses all banking and governmental middlemen.
In other words, BTC is a freely tradeable commodity that has the benefit of being virtually hacker-proof thanks to its revolutionary blockchain implementation. As a result, Bitcoin is useful for any kind of financial transaction, and there are no barriers to entry.
Anyone can buy, sell, or trade Bitcoin. There are no age limits, and because BTC is international, sports bettors aged 18 and up are free to use it for online bet funding. That said, BTC isn’t just great for betting, as it has infinite use cases and is the fastest-growing form of currency in history.
Is BTC Legal For 18+ Sports Bettors?
Absolutely! Just as there are no federal US gambling laws against online sportsbooks, so too are there no federal laws against using Bitcoin. As such, Bitcoin is legal for anyone to own and use as they see fit.
While some countries may have nominal bans on the cryptocurrency, these have proven ineffectual, and no nation served by the best 18 and up sportsbooks has ever attempted to regulate or ban Bitcoin.
There are no age limits for owning – or “hodling” – Bitcoin, and there are no restrictions on where you can or can’t send your BTC tokens. While other methods of bet funding are also legal for 18+ players to use, Bitcoin has a number of advantages that make it the most compelling option for serious and casual gamblers alike.
How Does Bitcoin Work?
Bitcoin, at its heart, is a straightforward concept that employs some very technical data science and mathematics. You can read the Satoshi White Paper online for specifics (but as a sports bettor, those details don’t really matter).
For all intents and purposes, Bitcoin works through a Proof of Work (PoW) open-ledger system, where electronic transactions are public-facing and non-editable. This means Bitcoin transactions cannot be reversed by any known means and are quantum-hacking-resistant, making BTC the safest known online money-transfer protocol.
From a user perspective, of course, Bitcoin works like electronic cash: You can freely send and receive BTC over the Internet to anyone, anywhere in the world. This makes it the perfect way to deposit at reputable online sportsbooks regardless of which US state you live in.
Because Bitcoin is not overseen by banks or governments, this allows it to bypass any red tape that might get between you and your legal 18+ sportsbook (like the pesky UIGEA banking regulation).
Using Bitcoin At Legal 18+ Sportsbooks
To use BTC at 18+ sportsbooks, you don’t actually have to understand the intricacies of cryptocurrency, nor do you need to be a crypto enthusiast.
All you really need to do is buy Bitcoin and transfer it to your online sports betting site of choice, where you can bet on the NFL, bet on the NBA, participate in eSports betting, and place wagers on just about any league or event you can imagine.
That process is simple enough, and it’s outlined further down this page. However, for the purpose of using BTC to fund your online sports betting, here’s what you can expect from the deposit, withdrawal, and bonus options available to you:
Bitcoin 18+ Sports Betting Deposits
Bitcoin betting deposits are extremely favorable, as all the major online sportsbooks accept the cryptocurrency, and there are never any added fees when using it to top off your betting bankroll.
While different sites may have different deposit limits, these are usually quite high, making them perfect for everyone but the highest of high rollers.
With BTC sports betting deposits, transfers will never be interrupted, are 100% guaranteed to go through, and only take about 5-10 minutes from start to finish. When you deposit in BTC, your account will be credited in the equivalent USD or, if you prefer, mBTC (aka millibitcoin or m₿).
Bitcoin 18+ Sports Betting Payouts
Bitcoin deposits might be where you start, but Bitcoin payouts are what it’s all about in the end! Whenever you request a BTC withdrawal from your online sportsbook of choice, you’ll be able to get your hands on your winnings the same day you request them.
In fact, BTC and other cryptocurrencies supported by online 18 and up betting sites are the only way to claim same-day payouts from these international operators. That alone is reason enough to do all your betting using the popular cryptocurrency.
Of course, Bitcoin sports betting payouts are also popular because they have no added transfer fees, have extremely high withdrawal limits, and can never be hijacked by bad actors or middlemen.
Note: Please remember that in order to claim a Bitcoin payout, you must first deposit in Bitcoin.
Bitcoin 18+ Sports Betting Bonuses
In addition to the convenience and guarantees of Bitcoin deposits and withdrawals, the best 18+ mobile sportsbooks also give their customers tremendous incentives to use BTC. This is because Bitcoin benefits them as much as it does you, streamlining their cashier operations the same way it streamlines your deposits and withdrawals.
In order to get as many bettors as possible to use BTC, these sites sweeten the pot by boosting your bankroll whenever you deposit with Bitcoin.
The Bitcoin bonus options offered will differ depending on your operator, but they all typically enhance the standard sports betting bonuses by 200-300%, all while maintaining the same easy-to-meet rollover requirements. Typical BTC bonuses include the following:
- Enhanced Sports Betting Welcome Bonuses
- Enhanced Sports Betting Reload Bonuses
- Enhanced Refer-A-Friend Bonuses
- Extra Sportsbook Rewards Points
- Premium Bitcoin-Exclusive Membership Tiers (at participating sites)
In short, when you claim a sports betting Bitcoin bonus, you can expect to double or triple your bankroll right out of the gate, giving you more chances to bet – and win – real money, safely and legally, while betting on your favorite players, teams, and leagues.
Benefits Of Using BTC With 18 And Up Sports Betting Sites
We’ve already discussed all the benefits of using Bitcoin to fund your online sports betting account at legal 18+ gambling sites. However, to illustrate just how good Bitcoin can be for your bottom line (and your top dollar!), we offer this short synopsis of why you should bet with – and bet on – Bitcoin:
- Instant deposits with 100% success rate
- Guaranteed same-day payouts
- Most secure money transfer option
- No added fees for deposits or withdrawals
- Lowest deposit limits
- Highest payout limits
- Enhanced betting bonus options
- No age limits
- Legal and safe to use at all major 18+ sportsbooks
- Investment-grade currency
- Accepted globally
Buying Bitcoin For Online Sports Betting
Now that you know why Bitcoin is the best bet funding method at legal online sportsbooks for 18 and up bettors, you’ll need to know how to actually get your hands on the stuff. Fortunately, it’s simple and straightforward to buy Bitcoin, and you can go about it in several different ways.
Where To Buy Bitcoin
Before you can buy cryptocurriencies (Bitcoin, Bitcoin Cash, Litecoin) you’ll have to decide where you’re going to make your crypto purchase. There are several legal crypto exchanges for those aged 18 and up, most of which will allow you to buy Bitcoin using fiat currencies like USD, CAD, GBP, and more.
Creating an account with any reputable exchange takes just a few minutes, though most of them do require you to provide proof of identity via a photo ID and/or another form of identification per industry-standard KYC (Know Your Customer) protocols. The best Bitcoin exchanges include the following:
How To Buy Bitcoin
Once you’ve decided where to buy your BTC, you’ll have to go through the actual process of doing so. Fortunately, this is the easy part. As a member of any reputable Bitcoin exchange, simply link your bank checking number or valid credit/debit card to your account, find the listing for BTC, and submit a buy order.
The Bitcoin price at the time of your order will be locked in, and depending on your history with the exchange, you can receive your funds the same day. However, please note that it can take new Bitcoin buyers up to 10 days to receive their BTC when making their first purchases.
For sports bettors, this is not always ideal, as you may see a line you’d like to bet on right now and can’t afford to wait. In such a case, you can use a private Bitcoin exchange like LocalBitcoins.com, which allows you to purchase BTC using popular money-transfer services like Zelle or Venmo.
If you live in the US, you likely already have access to 18+ Zelle deposits through your mobile banking portal, and you can kick off a Zelle-To-BTC transfer safely and easily. This method takes about 30-60 minutes from start to finish, so you can have your Bitcoin in hand right away.
From there, just deposit your BTC into your online sportsbook by selecting the Bitcoin option from your site’s cashier page (or during the membership signup process itself). You should see your account credited in full within about 10 minutes, at which point you can freely place real-money online sports bets!
Best Bitcoin Wallets For 18+ Online Sportsbooks
If you’re going to use Bitcoin for online sports betting at 18+ betting sites – or if you’re going to buy, sell, trade, or spend BTC in general – you will need to have a Bitcoin wallet.
Bitcoin wallets come in four flavors: online wallets, software wallets, hardware wallets, and paper wallets. Their suitability for sports betting ranks in that specific order, and the following wallets are those we recommend for each avenue:
Online Bitcoin Wallets – The Fastest Option For Immediate Sports Betting
- Coinbase Wallet
- Kraken Wallet
- Other BTC Exchange Wallets
Software Bitcoin Wallets – Quick Option For Sports Betting + Added Security
- Bread Wallet
- Edge Wallet
- Electrum Wallet
- Exodus Wallet
Hardware Bitcoin Wallets – Slower Option For Same-Day Sports Betting + High Security
- Ledger Nano S
- Ledger Nano X
- Trezor One
Bitcoin Paper Wallets – Slowest Option + Highest Security, Not Recommended For Online Sports Betting
- Bitcoin – Paper Wallet
- Wallet Generator
For sports betting, the online wallets hosted by your BTC exchange offer the fastest option when you need to deposit ASAP, though we prefer software wallets for their added security and acceptable speed tradeoff.
Hardware wallets have a few added steps before you can send or receive BTC, but they are generally the most secure option available for those who actually wish to use their BTC as a means of trade.
Paper BTC wallets are for “cold storage” and recommended only for those looking to invest in BTC, where storing their information completely offline is an option.
Note: Please only download or purchase BTC software or hardware wallets from their official developer or manufacturer websites. It is never a good idea to download or buy crypto wallets from any third party entity or retailer.