Bitcoin betting is prohibited across the US. So, if you’ve come searching for knowledge on how to use Bitcoin for sports betting, you may not find exactly what you were hoping for. Instead, we’ve got some great alternatives lined up.
As you make your way through this Bitcoin betting guide, you’ll find out more about why this crypto cannot actually be used for legal sports betting in the US. We also focus our efforts on highlighting where you can find legal sports betting alternatives that do not accept cryptocurrencies as a payment method.
All US crypto gambling sites are acting illegally. It doesn’t matter whether it’s a Bitcoin casino or one of those Dogecoin betting sites as they are all acting in direct contravention to US laws. This means that if you see any betting site that says that it accepts Bitcoin payments, it should be avoided at all costs. Some of these cryptocurrency gambling sites may say that they accept US players, but the truth is that if they feature cryptos, they aren’t worth your time.
While our Bitcoin betting guide is obviously focused on the original cryptocurrency, we should note that such legal issues extend to all other cryptos. This means that all Ethereum betting sites in the US are acting illegally and the same extends to Cardano, Bitcoin Cash, Binance Coin and so on. Even stablecoins like Tether cannot be used for legal sports betting in the US. So although there are plenty of fans of cryptocurrencies out there, you should avoid using any sportsbooks that take Bitcoin if you reside in the USA.
It may seem surprising that so many people would want to use a crypto as risky as Bitcoin to bet on sports. However, this is probably done in the belief that Bitcoin lets them bet on sport in a way that they wouldn’t ordinarily be able to do.
Until fairly recently, most forms of online sports betting in the US were illegal. This meant that people would risk signing up to dodgy offshore betting sites to bet on their favorite sports. Because these sites were acting illegally, it meant that no regular US banks or payment providers would allow their services be used by such rogue operators. As such, cryptocurrencies such as Bitcoin have been seen as being an alternative way for people to fund their sports bets across borders.
We didn’t want our Bitcoin betting guide to be too negative. So we’ve come up with some great alternatives you can try, as opposed to risking your money with cryptocurrencies.
For those of you who are familiar with TheGruelingTruth, you’ll already be well aware that our experts spend their time conjuring up authentic reviews on the best legal operators across the US. So, if your interest in online gambling is focused on sports betting, you’ll be able to take advantage of our sportsbook reviews and find your perfect place to bet online without using Bitcoin.
Our dedicated sportsbook reviews focus on betting markets, bonuses, odds, customer support, legitimate licensing and security – something Bitcoin sportsbooks can’t promise. Plus, all of these sportsbooks will let you make secure and efficient deposits and withdrawals with a variety of trusted – and most importantly, legal – payment providers such as Visa, Mastercard, PayPal or even ACH bank transfer. All of this shows you that there really isn’t any need for you to risk your money playing at a Bitcoin betting site.
Full disclosure – it’s not a sports betting site, but Stake.us is rapidly becoming the place to be for every betting enthusiast across the US. And you can put your bankroll away, as crypto and fiat deposits aren’t available. That’s because all of the games across the entire site are completely free to play thanks to its sweepstakes format, making it legal to use in all states with the exception of New York, Idaho, Washington and Nevada.
Forget about garish social casino sites packed with images of overflowing gold coins alongside cheap games you’ve never even heard of, we can guarantee you that Stake.us is like nothing you’ll have seen before – a social casino that presents a sleek and sophisticated image that even attracts high rollers.
We know what you’re wondering – why would you want to sign up to a social online casino when you’d rather be wagering on sporting events using crypto? But as we’ve explained, that’s an avenue that simply isn’t available to US bettors right now. So what better way to while away some time than by playing free casino games with the chance to land some real-life prizes?
Sporting wagers aren’t available at Stake.us, but who could resist trying out some of the best slots around, from leading developers including Pragmatic Play and Hacksaw Gaming? If table games are more your style, you’ll find an excellent selection, including variants of Roulette, Blackjack and Baccarat, as well as video poker. Stake.us even offers a few live dealer games, so you can take your seat at a virtual gaming table and chat to a croupier in real time. But the really big attraction at Stake.us is the chance to try out free-to-play Stake Original blockchain games.
What crypto enthusiast isn’t aware of the blockchain? This is cutting-edge technology that’s responsible for generating and recording Bitcoin and altcoins, but that’s far from being its only use. Stake Originals have created an entire collection of blockchain-based casino games, which have the added bonus of Provable Fairness algorithms built in as standard.
This means it’s now possible for players to confirm for themselves that games are fair and that outcomes are completely random. Now you don’t have to rely on any external testing agencies to reassure you that the game you’re playing is safe, fair and legitimate – you can check it for yourself.
In addition to a few blockchain-based slots, Stake.us also offers fun and engaging games such as Plinko, Hilo and MInes. Simple to learn and play, these games can provide hours of entertainment as you try to hit the biggest multipliers and increase your haul of virtual game tokens, which are used in place of real cash.
You’ll be using virtual tokens known as Gold Coins and Stake Cash when you play games at Stake.us, both of which are freely available in all sorts of ways. And thanks to a nice little deal that we’ve come up with, you can help yourself to an exciting 5% rakeback offer just by inputting our promo code TGTSOCIAL when you sign up.
You won’t be able to place any sporting bets, but Gold Coin prizes allow you to explore even more games – while Stake Cash can be redeemed for real-life rewards, including gift cards and merchandise.
You’ll already know that things move quickly when it comes to cryptocurrencies and US betting laws. This means that we’re going to have to keep this page updated to take account of all of the changes in how cryptos are being used to bet on sport.
We’re not saying that Bitcoin betting sites are suddenly going to get legalized, but stranger things have happened. So watch this space to always know how to use Bitcoin for sports betting – although we don’t recommend it! Instead, we suggest heading back to TheGruelingTruth and making use of our dedicated legal sportsbook and sweepstake casino review.
Make sure that you read our guide to see why you should avoid Bitcoin for sports betting at gambling sites that accept this cryptocurrency. Plus we will examine exactly why these Bitcoin betting sites are illegal in the USA, as well as providing some safe and secure alternatives!
Be sure to read our guide that shows you why you should be avoiding Bitcoin as a deposit method for sports betting in the US. We’ll examine the legality of using Bitcoin to bet with in the US, and also make sure to provide you with plenty of great alternatives to Bitcoin betting apps that can actually be trusted.
We’ve got a great guide that shows you why you shouldn’t be using Bitcoin for sports betting right here. Read our guide to see how you can easily avoid these crypto gambling sites and instead opt for a legal, safer alternative.
Make sure that you read our Bitcoin betting guide to see whether there are any Bitcoin sportsbook alternatives out there that feature no KYC procedure. After all, most trustworthy online betting sites have some kind of Know Your Customer process in order to verify the identity of the people playing there.
We can’t have a Bitcoin betting guide without examining the basic legality of these crypto betting apps and sites. So be sure to check out our guide to see why crypto bookmakers are currently illegal in the USA – we’ll even share our favorite alternative operators with you.
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