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

Written by:
Guest
Published on:
Jun/06/2018

Betting on this year's FIFA World Cup will be available in Wisconsin couresty of a few dozen of internationally licensed sportsbooks will accept wagers on this year's World Cup. The best way to fund and receive payouts is through a cryptocurrency wallet using bitcoin or another crytpocurrency, though most books allow wagering on one's credit card or through cash transfer. In May 2018, the U.S. Supreme Court ruled that individual states can offer legalized sports betting but must first develop regulatory instruments before doing so.  


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

WILL WISCONSIN WELCOME SPORTS BETTING?

Home to the Packers and Badgers, Wisconsin will likely rake in the cash once it sets up a sports betting framework.  That won't happen in time for the World Cup, or even the next Super Bowl for that matter.

"Sports gaming is prohibited by the Wisconsin Constitution, state law and is not allowed under the state-tribal compacts," Steven Michels, state Department of Administration spokesperson, proclaimed after the court ruling.

If it happens, sports betting would likely be run by the Tribes.  Each of Wisconsin's 11 tribes operates at least one casino.  In-fighting among the Tribes and state government is a very real possibility however.

Needless-to-say, Wisconsin 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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