When it comes to betting on MLB action, crypto is the best option. The rewards from crypto betting far outweigh those of the more traditional deposit methods, so time for you to enjoy these benefits. Extra bonus cash, faster access to funds and greater flexibility are just a few of the benefits that come with transitioning over to the world of MLB crypto betting.
Enjoy crypto gambling at Bovada!
If you are unsure on how to get started with MLB crypto betting, then be sure to check out our How To Bet With Crypto Guide. This step-by-step guide will walk you through exactly how you can begin online sports betting with crypto!
Types of Cryptocurrency Accepted at Bovada
When it comes to crypto betting at Bovada, you have a wide variety of coins to choose from, including:
- Bitcoin
- Bitcoin Cash
- Bitcoin SV
- Litecoin
- Ethereum
- Tether
Each coin is a unique and independent currency on the crypto market that has proven to be safe and secure over the years. While Bitcoin is the most widely recognized, the other cryptocurrencies provide opportunities to cut down the transaction times to under an hour. Lots of Bitcoin enthusiasts hold onto the currency for investment purposes, and that can cause congestion on the network; that being said, Bitcoin is still faster and cheaper than the more traditional transaction methods.
Crypto Betting on MLB Action
Betting on MLB games with a cryptocurrency is easier than you’d think. When you deposit with a cryptocurrency at Bovada, it’s immediately converted to US dollars automatically and stays that way until you request a withdrawal. If we didn’t convert it, a market fluctuation could change the value of your currency and impact your bankroll—and there’s no way to predict if it will go up or down.
It’s also easier to place bets and read a bet slip that shows the stake and potential payout in US dollars as opposed to fractions of a crypto coin. MLB spread betting, moneylines and runlines all look and work the same way, regardless of whether you fund your bankroll with a cryptocurrency or a credit card deposit—except you’ll have extra money from all of the Bitcoin-targeted bonuses we offer, as you’ll see next.
Benefits of Betting with Crypto
Bigger Bonuses
Most people switch over to Bitcoin to enjoy its many benefits. For the bonus-focused player, using a cryptocurrency as a deposit method leads to the best returns. Just take a look at our bitcoin sports welcome bonus for bettors as an example; when using a cryptocurrency, it’s a 75% match bonus that’s good for a maximum of $750 to use in the sportsbook.
Less Limits
There is a lot of flexibility that goes along with crypto betting too. You can deposit more at one time and there are virtually no limits on withdrawals, which can be done every three days free of charge. Opting to be paid via check by courier can be done every seven days, but there’s a fee involved when you use it that frequently.
Faster, Guaranteed Transactions
Deposits are smoother and faster when using a cryptocurrency. With no bank involved, there is no possibility of the transaction being arbitrarily blocked and cancelled. Cryptocurrency uses a peer-to-peer network called the blockchain which exists outside of a centralized banking system. It’s fast. Efficient, secure and cheap; each transaction is time stamped and coded as a single block on the digital chain; you can get more of your money faster.
Sign up to Bovada today!
If crypto betting sounds like a good match for you, check out our Bitcoin Guide for Sports Betting for more information. We also have a Bitcoin section Library that will walk you through the process of creating a wallet and exchange account, buying a cryptocurrency and sending and receiving it. To begin MLB betting with bitcoin or any of our other cryptos, you will need to sign up to Bovada.
