Blog Subscription Form
Get the latest updates and betting tips!
How to Bet with Bitcoin
Anastasya | Jun 20 2019

Online sports betting is one of the most profitable ways to get a piece of the action while relishing the thrill of potentially earning money. There are also various online casino games that can generate income.

Before you start your online betting journey, there are a lot of payment methods available to use for your online transactions such as deposits and withdrawals. 

One of the most popular nowadays is cryptocurrency, particularly Bitcoin. Using Bitcoin for online sports betting can save you money as traditional payment methods often involve fees and currency conversion charges, but Bitcoin transactions generally have lower fees, allowing you to maximize your betting funds.

As Bitcoin continues to gain acceptance, many online betting platforms now support it as a top payment option.  On VOdds, you can enjoy betting on various sports, live casino, slots & games, and virtual sports using cryptocurrencies as a payment option, and claim a crypto welcome offer of up to 100% first deposit bonus.

Using Bitcoin on VOdds

Placing wagers on betting sites using Bitcoin actually works the same way as placing your bets using standard methods. Here’s how you can use Bitcoin when you bet with VOdds.

1. Create an Account

Betting on the VOdds platform using Bitcoin is also pretty easy, you just have to select “Bitcoin” as your preferred payment option upon registration and logging in. Don’t forget to include use promo code: CRB150 to get your crypto bonus.

After creating a VOdds account, you may now register to a Bitcoin wallet using a third-party application or link your existing Bitcoin wallet. This crypto wallet functions as your ‘bank account.’

2. Choose your Bitcoin wallet

There are proven and tested sites and mobile apps where you can open a Bitcoin wallet conveniently. To open an account, you simply need to choose the best option for you and fill out the registration form. 

On these sites, they usually have 24/7 Live chat or email customer support that can assist you with your concerns.

However, each crypto exchange has its own advantages and disadvantages. We recommend that you research the best way to trade with crypto wallets. Check all the conditions and commissions of the cryptocurrency exchange that you wish to use to buy Bitcoin.

For example, one exchange may have lower fees for deposits and withdrawals than the other, while some have better interfaces than others. Once you make an online payment with a bank card and buy Bitcoin, there may be a commission and additional conversion costs. 

Below is a list of trusted crypto wallets:

Let’s take, for example, the Huobi cryptocurrency exchange. With a specific volume of transactions, this service does not require you to confirm your place of residence. Huobi also allows you to do a quick trade.

To sign up, simply fill out the form on the registration page of the crypto wallet of your choice and submit the requirements needed. Make sure to also read their terms and conditions so you won’t miss anything.

3. Login on VOdds

To start using Bitcoin as your mode of payment, log in on VOdds and you will automatically be redirected to “My Account” where you can select Bitcoin as your “Funding method” and directly make a deposit request.

You should fill out the form with your BTC wallet address, deposit sum, and promo code, and then click “Deposit” to fund your VOdds account and start betting on VOdds.

4. Send us a Message

After submitting your deposit request, send a message or email our support team. Make sure to send your Bitcoin transaction ID and have your transfer receipt and your Bitcoin wallet address ready for our customer support when they ask for proof of transaction.

 

When our support team has received and confirmed your payment, your deposit will automatically be converted to your chosen currency and immediately credited to your account. Please note that we use kraken.com as a basis for conversions from Bitcoin to EUR/GBP, USD, and RMB/CNY.

If you have an existing VOdds account and wish to change or add a payment method, you may also contact VOdds customer support.

Pretty easy, right? So what are you waiting for? Use Bitcoin on your VOdds account and enjoy our wide array of sports betting markets and casino games today!