More sportsbooks are offering bigger bonuses and faster transaction times for Bitcoin users. More sportsbooks are accepting Bitcoin period. Ready to get in on that?
I’ll show you the quickest and easiest way to make a Bitcoin deposit via an online sportsbook. Then, in the next step, I’ll show you how to make an ultra-fast Bitcoin withdrawal.
Let’s go.
What You’re Going To Need
- ID verification documents—may be required for Bitcoin withdrawals
- Bitcoin
- A crypto wallet
How to Make a Deposit via a Bitcoin Sportsbook
Betting with Bitcoin is fast, simple, and the perks keep on coming now that most major sportsbooks are accepting BTC. Here’s how to make a BTC deposit to your sportsbook account.
Quick tip: Got a bonus code for Bitcoin users? Remember to enter it in the Bonus Code field before you confirm your deposit.
- Login to your sportsbook account
- Navigate to the Deposits page
- Select Bitcoin as your deposit type
- Enter the amount of Bitcoin in USD of your deposit
- Click Deposit
- Preview and confirm your details—you’ll see your transaction ID, Bitcoin deposit amount, current crypto exchange rate, Bitcoin deposit address and QR code here
- Login to your crypto wallet and enter the Bitcoin transaction deposit address from your Bitcoin sportsbook into the Send To address field
- Enter the amount of the deposit and confirm it against the sportsbook transaction page—the two must match
- Select your miner’s fee. As a general rule of thumb, the higher the miner’s fee you choose, the faster your deposit will show up in your sportsbook account.
- Hit Submit or Send, and wait for the email confirmation from your sportsbook.
Once your sportsbook verifies your Bitcoin deposit, you’re ready to start betting.
How to Make a Withdrawal via a Bitcoin Sportsbook
Making a withdrawal from a Bitcoin sportsbook is similar to making a deposit—with a few minor, but important, differences.
- Login to your sportsbook account
- Navigate to the Withdrawal or Cash Out page
- Select Bitcoin as your withdrawal type
- Enter the amount you wish to withdraw in USD
- Click Withdraw, Cash Out, or Confirm
- Preview and confirm your details—you’ll see your transaction ID, Bitcoin withdrawal amount, and current crypto exchange rate, and an empty field for entering a crypto wallet address
- Enter your crypto wallet address—check it carefully
- Click the confirm button to accept the withdrawal terms and current BTC exchange rate
From here, your online sportsbook will take you to a confirmation page. Withdrawals can be processed within 48 hours.
Final Thoughts
Now that you’ve learned how to deposit and withdraw money via a Bitcoin sportsbook, it’s time to get started. You could be betting with Bitcoin in minutes, so what are you waiting for?
Bitcoin Sportsbook Deposits and Withdrawals FAQs
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