Online Sportsbooks That Accept Ripple
Although they are relatively new, online sportsbooks that accept Ripple tend to be the most advanced betting sites on the market. Ripple is a peer to peer payment network that is able to enable the transfer of any currency. Many online sportsbooks allow for Ripple to be used as a way to deposit and withdraw from your betting account. With Ripple, you have two payment options available. You can use the digital currency known as XRP that sits alongside the Ripple network, or you can deposit and transfer any other currency instead. Using XRP is a faster and streamlined method whereas using other currencies take longer. Ripple is a great way to deposit into a betting account because the process is fast and it can connect directly from your bank to the online sportsbook.
When using online sportsbooks that accept Ripple as a deposit method, you are able to quickly transfer funds into your betting account. Thanks to the digital IOU process of Ripple, you can instantly deposit and begin wagering while you wait for the money to officially finish processing into the online sportsbooks Ripple account. You can use any currency through Ripple as well, making it one of the best deposit methods available. It is also extremely easy to purchase XRP through the Ripple site which allows for fast money transfers. Ripple is one of the best sportsbook deposit methods available and online sportsbooks accept Ripple as a banking option.
How Ripple Works For Online Sports Betting
The process of using Ripple at online sportsbooks is simple. You are either depositing using XRP or depositing using another currency. If you are using XRP you must purchase XRP from Ripple. Once you purchase the cryptocurrency, you can then instantly transfer that money through the Ripple network. Online sportsbooks that accept Ripple as a payment method have their own RippleNet account. You will transfer money from your own RippleNet account to the sportsbooks RippleNet account. The XRP transfers seemingly instantly from account to account. If you are using another currency, the process is identical but the processing time increases. Ripple uses a process known as digital IOU’s that will instantly complete the transaction while the money is actually being transferred. This allows you to instantly wager on sports even though your money has not been processed yet. However, one should be aware that all transactions on the Ripple network are final, and there are no chargebacks - don’t make mistakes with this one.
You can also use XRP on the Ripple network to purchase other cryptocurrencies immediately, which opens up the ability to transfer your XRP into Bitcoin and then use all of the sportsbooks that support Bitcoin as well. This functionality is basically built in, because the whole point of XRP is to serve as a medium of exchange. In other words, even if a sportsbook doesn’t accept XRP itself, finding Bitcoin, which they do accept, should be only a click or two away. Again, remember that all transactions are final.
Are Online Sportsbooks That Accept Ripple Legal?
The online sportsbooks that accept XRP are located outside of the United States. These sportsbooks are generally regulated and fully legal in their countries of origin. When it comes to using them from the United States, however, laws vary. Generally, most states do not specifically outlaw the use of overseas sportsbooks, but there are clauses in some states that make it tough to gamble online. We recommend, as always, consulting a lawyer if you are worried. That said, to the best of our knowledge, nobody has ever been prosecuted for the use of an online sportsbook. Using Ripple makes it extra safe as you can completely avoid laws like the UIGEA and handle your transactions with no issue at all.
Best Online Sportsbooks That Use Ripple
Luckily for sports bettors, there are many online sportsbooks that accept Ripple as a deposit method. Funding your betting wallets through Ripple is a fast and easy way to get in on the action. In most cases, sports betting sites will offer free bonus funds for those who use it, and the money is put into accounts almost instantaneously. As equally fast, the payouts offered by these Ripple sports betting sites can be money in your pocket the same day depending on how your crypto wallet works.
These sports betting sites are tested and have a strong reputation for paying winning bets. In other words, you can reassured that they are trusted are they accept USA players.
BetOnline Sportsbook - Easy Ripple Deposits, Fastest Payouts!
BetOnline accepts Ripple as a payment method and the online sportsbook is one of the best when it comes to variety and options. You will find betting lines for all major sporting events throughout the year, making there no shortage of action to bet on. You will be able to wager on the Moneyline, spread, over/under, teaser, or pool several bets together into a parlay. BetOnline is your one-stop-shop for everything sports betting. BetOnline is also home to a bevy of bonuses on offer for Ripple users. First-time sports bettors have access to the $1,000 Welcome Bonus.
Using promo code BOL1000 when you first make your account, the online sportsbook will match any deposit through Ripple that you make by 50%, valued up to $1,000. This is free money to be used to wager on more sports or to make bigger bets. There is also the reload bonus for returning sports bettors. Using promo code LIFEBONUS you will get a 25% match bonus every time you use Ripple to reload into your account. This is also valued at up to $1,000.
SportsBetting.ag - Same Day Payouts On Ripple Withdrawals
SportsBetting is one of the best online sportsbooks that accept Ripple, adding to its charm of convenience. You can easily deposit into your SportsBetting account through Ripple as the online sportsbook is one of the easiest sites to navigate both on a computer and on mobile devices. The site offers some of the best odds and betting lines available. There is no shortage of prop bets to wager on and there are even live betting options, keeping the action going throughout the game or event.
All first time SportsBetting players who deposit using Ripple are able to benefit from the Welcome Bonus. Using promo code SB1000, you get a 50% match bonus on your initial Ripple deposit. This is valued at up to $1,000. This is free money for wagering, allowing you to make bigger bets on your favorite sports teams. You can’t go wrong taking action at SportsBetting.
More Sports Betting Sites That Take Ripple
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Best Bonuses When Using Ripple At Online Sportsbooks
Many online sportsbooks that accept Ripple offer bonuses for people to use it and other cryptocurrencies at their sportsbooks. These bonuses are available on their websites when depositing, so make sure you check for the bonus before depositing. For example at BetOnline, you can get a bonus when making your first deposit in cryptocurrency. You can also get reload bonuses at some online sportsbooks when you make cryptocurrency deposits. Basically, not all sportsbooks accept Ripple, but you can use XRP on the Ripple platform in order to acquire other cryptocurrencies that they do accept. Beyond that, there are a couple of online sportsbooks that do accept XRP, so it’s really just a question of how you want to handle your deposits.
Ripple is a platform for a cryptocurrency that is known by the same name and represented on exchanges as XRP. The basic idea with Ripple is that it is a cryptocurrency with extremely low transaction fees, lower power usage than Bitcoin, and serves as a sort of value storage and transaction medium between other forms of currency.
For your use purposes, the thing you need to know is that some sportsbooks accept XRP as a form of currency, and that means that you can treat it like any other cryptocurrency. One other thing to know about XRP is that it does not run on a blockchain like many other cryptocurrencies do, but instead uses what is called RCPA, which is a consensus management algorithm, allowing ripple users to affect changes only when in agreement with everyone else.
How To Get Ripple
Getting XRP is very easy - all you have to do is go to a cryptocurrency exchange or the Ripple platform. A lot of the technological know-how is no longer required in the cryptocurrency world, and Ripple is no exception to that rule. You can use traditional payment methods to acquire Ripple and they will be stored with you until you are ready to transfer them to somewhere else such as a sportsbook. Purchasing XRP is simple, and that is, in fact, what it is designed to do - be purchased, and serve as a medium of exchange between two parties that might not be able to exchange otherwise.
Using Ripple For Live Betting
Many online sportsbooks that accept XRP do so while also being sportsbooks that offer live betting. Live betting is a great way to get involved in all of your favorite sports and esports, from the NBA to the LCS. The basic idea with live betting is that you can react to the events in the game as they happen. Lebron gets hurt? You can bet on the Lakers’ opponent, hopefully before the sportsbooks manage to update the odds. Live betting provides a sustained, high octane betting experience, and allows you to really get involved in the action of a game. Using Ripple for live betting can be very effective since Ripple deposits are handled almost instantly. This means if you don’t have enough money in your account to bet on something happening live, you can load your account and get your wager in faster than any other transaction method.
Betting With Ripple On Mobile Devices
A lot of the people who find this page are going to be a little tech-savvy - you don’t end up looking for XRP sportsbooks without having some prior knowledge. That means that a lot of you are going to want to place wagers on your phone, or other mobile devices. The good news is that you can, of course, do this. Almost every major online sportsbook will let you access their website via your mobile browser. When you do this, you will see a mobile version of their website, that will look and feel like an app, but won’t require you to download anything. This is an elegant solution and should be a great way for you to place wagers on your mobile device, no matter what it is. Checking your Ripple account from your mobile device is also an option so long as you have an internet connection. This means you can have convenient oversight of your Ripple funds and sports betting account all from the palms of your hands.
Ripple Sports Betting FAQ
Is Using Ripple To Bet On Sports Online Safe?
Ripple is a company with a good track record of being safe and secure with patrons' funds. This is why the company has grown over the years and is used by several banks worldwide. You can safely purchase XRP or transfer other currencies through the Ripple network. It is safe to transfer funds through Ripple and for many sports bettors they prefer it this way. Through Ripple, all transactions are made from the bank to the Ripple network to the sportsbook. This allows a legitimate medium between players and sportsbooks. Therefore, if anything goes wrong during the transaction, patrons can deal with Ripple directly to handle the situation.
What Sports Can I Bet On With Ripple?
Once you deposit into your betting account using Ripple, you are able to bet on all the sports on offer at the online sportsbook. You can wager on the NBA, NFL, NHL, MLB, and even collegiate basketball, football, and soccer. There are betting lines for NASCAR and esports as well. You will find betting lines for every major sporting event and fight that goes on throughout the year. Major sports also have prop bets for players and games as well. There are even live betting options that allow players to wager during the games. There are many options at online sportsbooks once you fund your account using Ripple.
What Is The Difference Between Ripple And XRP?
XRP is the actual currency that can be used on the Ripple platform, and it is tied to the platform. XRP can be colloquially referred to as Ripple, but that is a mostly incorrect usage of the term. Ripple refers to the platform, XRP refers to the currency that serves as a medium of exchange on the platform.
Are there any fees when using Ripple To Bet On Sports?
The only fee that will apply is the fee that is applied to every transaction that happens with XRP - a fee of $0.00001. This fee only exists to prevent people from abusing transactions on the network, and it is astoundingly minimal. If you made 10,000 transactions on the Ripple network, your total fees paid would be one dollar.
How Fast Are Deposit And Withdrawal Times For Ripple?
They are pretty fast! As with most cryptocurrencies, XRP works pretty quickly at the online sportsbooks. Depending on whether you are depositing or withdrawing, the times will vary - deposits are faster, withdrawals take more time to process. Overall, it offers comparable speeds to other cryptocurrencies in terms of transaction time. Most ripple deposits and withdraws in sportsbooks are some of the fastest 2021 payment transactions.