Can I Bet the FIFA World Cup Online From Oklahoma Using Bitcoin?

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Published on:
Jun/06/2018

For this year's FIFA World Cup, the best way to place bets online from Oklahoma will be with bitcoin using a cryptocurrency wallet that can be linked to one's banking account.  With last month's Supreme Court ruling that now allows states to offer legalized sports betting, Oklahoma is ready and willing, just not in time for th.  For now, a few dozen of internationally licensed sportsbooks will accept wagers on this year's World Cup.


*Bookmaker Welcomes Players From Around the World - Most Crypto-Currencies Welcome

OKLAHOMA TRIBES LOOK TO OFFER SPORTS BETTING

Bills have been introduced the last two years to pave the way for tribal nations to offer sports betting should a favorable ruling from the U.S. Supreme Court ever occur, and it ultimately did.

Following that fuling, House Majority Floor Leader Jon Echols said he expects meetings during the interim with the Senate, governor’s office, minority party, tribal officials and professional sports organizations, which have already expressed an interest in being involved in negotiations. He expects to consider a framework when the Legislature returns in February.

“This is something we need to do right as opposed to doing it fast,” said Echols, R-Oklahoma City.

House Majority Floor Leader Jon Echols said he expects meetings during the interim with the Senate, governor’s office, minority party, tribal officials and professional sports organizations, which have already expressed an interest in being involved in negotiations. He expects to consider a framework when the Legislature returns in February.

“This is something we need to do right as opposed to doing it fast,” said Echols, R-Oklahoma City.

Needless-to-say, Oklahoma gamblers will need to rely on international websites to place all their World Cup bets

HOW TO USE BITCOIN AND OTHER CRYPTOCURRENCIES FOR BETTING THE FIFA WORLD CUP

The online betting site will simply have you send them the special address/token obtained from the Bitcoin wallet or exchange.

You would select either SEND (to deposit funds) or RECEIVE (to withdraw funds).

Some exchanges allow customers to link directly with their bank accounts or PayPal.  The Bitcoin can be converted into the currency of your choice then transferred into your account in as little as 24 hours. 

You will want to verify all your information (including personal identification) with the exchange prior to sending and receiving funds.  Typically they will suggest setting up an authenticator on your mobile device for added security.

- Aaron Goldstein, Gambling911.com

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