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How to Use Bitcoin for Gambling in the US

admin@sports by admin@sports
October 16, 2018
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Bitcoin for gambling in the US

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As the United States moves closer towards the outright legalization of sports betting, more and more people here are beginning to look at which site offers members the best odds. We at Sports Harbor have already covered a number of different sites available for US players, and in this article, we’ll explore how to use Bitcoin for gambling in the US. It’s a very simple process, and one that the best US online sportsbooks including Intertops are accepting. Click this link here to become eligible for an incredible $20 free bet after signing up. 

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What is Bitcoin?

Bitcoin was first launched in 2009, yet many people only became aware of this fascinating cryptocurrency after the price surge back in December of 2018. For those still unfamiliar, Bitcoin is a form of electronic cash that can be sent from peer-to-peer without the need of a central bank. It’s a unique form of currency that’s become highly popular with those in the gambling industry.

Bitcoin is completely decentralized, and the entire network is peer-to-peer. It’s said to now be used by more than five million people, with continued growth likely as time goes on. To put it simply, Bitcoin is a form of money that makes banks obsolete.

Bitcoin for gambling in the US

Back in May, the US Supreme Court ruled against PASPA, opening the doors for individual states to decide their own laws regarding online sports betting. It was an exciting time for sporting fans across the country who are looking to put some money on all the big games. Fortunately, there are a number of great online sports betting sites that accept US players in 2018.

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The majority of these sites actually prefer Bitcoin for gambling in the US as the main money withdraw option, although most will allow for traditional bank transfers. The upside of using Bitcoin for online gambling is that it does not come with any fees that a traditional bank transfer will include. So how do you actually use Bitcoin to gamble?

First, you’ll want to create a Bitcoin wallet. There are many available today. Once you’ve done that, you can decide to purchase Bitcoin to put in your wallet, or simply use the wallet as a place to withdraw your winnings! When you decide to withdraw money from your Intertops account, simply choose the “Bitcoin” withdraw method, enter in your Bitcoin address, and you’re good to do. The best thing is, transferring Bitcoin to USD is extremely easy and fast.

Where is the best site to bet on sports in the US?

As we said earlier, it may not be long before nearly every major online sports betting site becomes available to US players. In the meantime, there are some fantastic options, the best likely being Intertops Sportsbook. This company was founded back in 1983, and launched their website in 1996 to become the first online sportsbook in the world.

Intertops has become particularly popular with US players thanks to their huge list of odds on the most popular US sports including football, baseball, basketball, and MMA. This company is also known for offering safe, quick, and easy banking options for their members. Bitcoin is the most popular option to withdraw winnings, and they accept all major credit cards to make deposits.

We have already covered a number of the best sporting events to bet on with Intertops. Members here can place bets well in advance on things like the Super Bowl or NBA Finals, and also on sports games as they are taking place!

To see for yourself why Intertops has become the most-used US online sportsbook, make sure to click this link here and you’ll become eligible for an incredible $20 free bet after signing up. Let us know of any more questions you have about Bitcoin for gambling in the US below!

Tags: best US online sportsbooksBitcoin for gambling in the USBitcoin for online gamblingBitcoin to gamblelegalization of sports bettingmost-used US online sportsbookPASPApopular option to withdraw winningssports betting sites that accept US players in 2018Sports Harbortransferring Bitcoin to USD
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