Stellar Online Sportsbooks
The popularity surrounding Stellar has not come from out of nowhere as the coin has seen gains of over 3k% since first launching in 2014. Being that it is widely available across many different outlets, online sportsbooks have made sure to get their skin in the game by accepting them as payment for depositing and allowing you to withdrawal with them as well.
All that you need to know when betting on sports with Stellar can be found right on this page. Whether you are looking for the top Stellar online sportsbooks, the bonuses that you can take advantage of, or even the legality of the sportsbooks that accept the coin, you won’t be left empty-handed.
Top Sportsbooks That Take Stellar
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Free To Deposit Using Stellar
Although Bovada does not list Stellar on their list of accepted cryptocurrencies, it does not mean that you can’t use Stellar to bet on Bovada. The easy way to get around it is by transferring your Stellar to one of the accepted cryptos that Bovada allows such as Bitcoin, Bitcoin Cash, or Litecoin. Once you do so, you’ll find that Bovada has extremely low limits and high maximums for depositing and withdrawing catering to different types of sports bettors whether you bet professionally or just for fun.
Offers Mobile Compatibility
BetOnline is the main online sportsbook that accepts Stellar as payment on their platform and they have run with the opportunity to do so. They allow you to deposit as little as $20 and withdraw as much as $100,000 with no fees ever attached to their transactions. The great thing about using BetOnline as well is that you can make Stellar transactions from just about anywhere you are as long as you have access to the internet from your mobile device. Mobile devices that are compatible with crypto wallets can each be used to deal with Stellar sports betting.
Bonuses For All Users
One of the amazing features that SportsBetting has to offer in terms of the use of Stellar are the promotions that they offer. Not only can new users that are using Stellar take advantage of welcome bonuses, but existing users also have that opportunity as well. New users will be able to earn up to $1,000 just for using Stellar to deposit while existing users can earn up to $350 on any other deposit after that when depositing with Stellar as well.
Other Online Sportsbooks That Take Stellar
Although only BetOnline and SportsBetting are the only online betting sites that directly accept Stellar for deposits and withdrawals, there are ways around that so you can bet on sports with Stellar at other online books. The process is simple as all you’ll need to do is buy Stellar and convert it to one of the other cryptos that is accepted on those betting sites and make your deposit with that crypto. When you want to get paid out, you’ll request it in the crypto that you deposited with and then transfer it back to Stellar in your wallet.
Step By Step Guide To Betting On Sports With Stellar
The process of actually betting with Stellar comes easy and it starts with the purchasing of Stellar from one of the crypto exchanges and then linking your wallet to the sportsbook to actually place the bet. The process in its entirety can be found here.
- Buy Stellar from exchange
- Transfer Stellar funds from exchange to your wallet
- Link your wallet address to your online sportsbook account
- Send Stellar funds from your wallet to your account
- Once funds are in your account you can begin betting
Stellar Mobile Betting Sites
Luckily for you, you can easily bet on sports with Stellar right from your mobile betting device. Plenty of mobile betting devices have the ability to download your crypto wallets and be linked directly to your online betting site. This gives you the upper hand being able to place a bet from absolutely anywhere. These sites also do not have downloadable apps so the only way to access them is through the web browsers that are built into your devices.
Mobile Betting Devices
- Samsung Galaxy
- Google Pixel
Making A Deposit With Stellar To An Online Sportsbook
Depositing into your online sports betting account with Stellar can be done extremely easily with no barricades in your way. After linking your wallet with your online sportsbook deposit account, all you have to do is select the amount that you wish to deposit and you will be good to go. The only thing required of you would be to follow the minimum and maximum requirements.
Stellar Sports Betting Bonuses
Bonuses are what make online sports betting with Stellar enjoyable as you are given an opportunity to earn up to $1,000 just for making your first deposit using Stellar. Aside from just offering online sportsbooks bonuses for new Stellar sports bettors, existing ones will get opportunities as well.
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Getting Sportsbook Winnings Paid Out In Stellar
Getting your money paid back to you has to be the most important feature from an online sportsbook and it is no different when it comes to getting paid with Stellar. Getting withdrawals with Stellar is simple as the processing times are the quickest on any site and there are also no fees linked to them either. The great thing about this as well is that you can withdraw as little as $20 if you have a bad day or as much as $100k on a good day.
Can I Deposit With Stellar But Withdraw In A Different Crypto?
In short, yes, you can make a deposit with Stellar and withdraw into another crypto, however, there is a more complex way in doing so. The thing about it is that if you deposit with Stellar, you would need to withdraw with Stellar. The only way around this is after you withdraw your Stellar winnings, you convert them into the crypto of your choosing.
Best Exchanges To Transfer Stellar Into An Online Sportsbook Account
Several different crypto exchanges can be used to make Stellar transactions on online sportsbooks. Whether it is from your phone or from your desktop or laptop computer, you won't have any issues in depositing, withdrawing, or taking advantage of bonuses while using Stellar. Some of the most popular crypto wallets that are compatible with Stellar sports betting transactions can be found here.
- Coinbase Wallet
Pros And Cons Of Using Stellar To Bet On Sports
Stellar Betting Props
- Transactions can be done mobile
- High paying bonuses
- Low deposit minimums
- Low withdrawal minimums
Stellar Betting Cons
- Can only be directly done on BetOnline/SportsBetting
- No regulated books offer Stellar transactions
- Transaction limits
Are Stellar Online Sportsbooks Safe To Use?
Yes, the online sportsbooks accepting Stellar as a deposit or withdraw method are extremely safe to use. This is because of all the security measures granted to you not only by the sportsbook, but also by the wallet that is holding your Stellar. Both of them use back end encryptions making sure any transaction you make is secure not only from the sportsbooks server end, but also from your web browser that you are using.
Why Do Some Sportsbooks Not Take Stellar Lumens?
Stellar Lumens tends to be used at international sportsbooks, as they are more integrated into the cryptocurrency ecosystem. These international books are some of the best in the business, including luminaries like Bovada, MyBookie and BetOnline. The range of cryptocurrencies accepted, however, varies from book to book. As of right now, BetOnline and SportsBetting are the major online sportsbooks accepting Stellar Lumens. The other international books have opted to not accept it, due to not feeling like it is necessary for customer retention. The state-regulated books, on the other hand, are barred from accepting it in every state but Wyoming.
Are Online Betting Sites That Accept Stellar Legal?
Yes, you can use the online sportsbooks that accept Stellar as payment without any worry as they are completely legal to use. They are each licensed online sportsbooks that have rules and regulations set in place by regulating bodies in their home countries making them safe and legal. To ease your minds even more is that the US government has no laws in place that would stop you from using these online betting sites.