..

How to Use Bitcoin to Bet the Super Bowl

Written by:
Guest
Published on:
Feb/03/2018

You can fund your online sports betting account using Bitcoin this Super Bowl and withdraw using that cryptocurrency, then convert it into USD, euros, pounds or other money by connecting to your bank account.

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 one to connect to their bank accounts.  The Bitcoin can be converted into the currency of your choice then transferred into your account in as little as 24 hours. 

The one drawback is that the exchange rate could fluctuate upwards or downwards depending on the trading price of Bitcoin.  You will want to monitor the Gambling911.com website to follow current  pricing trends and avoid making a withdraw during periods in which the price is trending downwards. 

A good Bitcoin wallet can be found at Bitcoin.com here.  You should transfer funds between the wallet and your chosen online sportsbook then move funds into the exchange and finally into your bank account.  While this adds a little extra time to the process, wallets are considered much more secure than the exchange itself.  You never want to store funds for any long period of time on an exchange.  The exchange should only be used for converting and transferring of funds right away.

Bookmaker, by the way, offers up to 60 different cryptocurrencies to use for betting purposes.

- Gilbert Horowitz, Gambling911.com

Football News News

AP Source: Texas, Oklahoma Talk to SEC About Joining League

AP Source: Texas, Oklahoma Talk to SEC About Joining League

The last time Texas got a wandering eye for another conference it fueled a series of realignments in college sports that nearly killed the Big 12.

Richard Sherman Tried to Break Into In-Laws Home, Was Suicidal

Richard Sherman Tried to Break Into In-Laws Home, Was Suicidal

Former Seattle Seahawks and San Francisco 49ers star Richard Sherman was arrested Wednesday after authorities said he crashed his SUV in a suburban Seattle construction zone, tried to break in to his in-laws’ home and then fought with officers, who used a police dog to apprehend him.

What is the Spread on the Boise State at UCF Game - Week 1 2021?

What is the Spread on the Boise State at UCF Game - Week 1 2021?

BetOnline opened the Boise State vs. UCF Week 1 September 2, 2021 game with a spread of Broncos -5. 

2021 NFL spreads for 62 marquee games from Weeks 2-17

2021 NFL spreads for 62 marquee games from Weeks 2-17

The NFL scheduling gurus have created some incredibly intriguing matchups for the 2021 regular season, and now we can see who is favored in some of those.

2021 Over Under Win Totals Betting Odds Every College Football Team

2021 Over Under Win Totals Betting Odds Every College Football Team

SportsBetting.ag on Wednesday released betting odds for every college football team regular season win totals.

Syndicate