Ripple Sportsbooks & Crypto Sports Betting Sites

Top Ripple Betting Sites Reviewed

1. RakeBit: New XRP Betting Site

RakeBit is a new crypto betting site established in 2024 by Tech Group BL Limitada company and licensed in Costa Rica. Sportsbook offers a compelling 50% Free Bet up to 100 USDT welcome bonus, as well as other promotions and a VIP program that delivers exceptional rewards. It has popular sports available, and an eSports section with titles such as Dota2 and CS:GO.

2. BC.Game: Wide Range of Sports

BC.Game, the 2017 established bookie boasts numerous sports, multiple odds, and one of the highest reputations in the industry. Apart from Ripple, the operator accepts more than ten other cryptocurrencies, including BTC, EOS, ETH, LTC, USDT, TRX, and USDC.

The site is intuitive and easy to use. Sports bettors are eligible for up to a 1 BTC everyday bonus by spinning the daily wheel. The offer comes with zero wagering requirements.

Security-wise, the platform is SSL-encrypted and has extra safety layers through features such as 2FA. It holds a Curacao license and has no history of fraud.

3. Stake.com: Most Diverse Ripple Sports Book

Stake.com is an outstanding site to wager on sports, have fun, and take home huge rewards. The 2017 established site enjoys a high reputation and is hence considered trustworthy and safe for use. You will have more than enough to chew with at least 10,000 pre-match and live events month on month, including the most exciting international leagues.

All popular sports like football, rugby, hockey, basketball, and tennis are covered. Apart from Ripple, some of the most popularly used coins on the platform are BTC, ETH, LTC, and EOS. Payouts are instant and can be withdrawn immediately too. Users get some of the best odds in the industry and choose different formats as per how they wish to read them.

The site also offers lots of betting tips and strategies for free.

4. Cloudbet: Top Sportsbook with Multiple Crypto Support

Cloudbet was established in 2013, and is one of the oldest crypto operators, initially accepting only Bitcoin but now allowing over 30 cryptocurrencies, including XRP, MATIC, and UNI.

The platform features a comprehensive sportsbook, including a horse racing section with live streaming, in-play betting, and virtual sports available 24/7. Users can bet on popular sports like basketball, soccer, tennis, and hockey, with access to numerous international tournaments.

With a low minimum deposit required and no maximum withdrawal limit for digital currencies, Cloudbet offers competitive odds. It is regulated in Curacao, and while KYC documents aren’t necessary for sign-up, they may be required for withdrawals over $2,000.

5. Duelbits – Best for Free Bets

DuelBits Casino is a relatively new online gambling platform founded in 2020. The casino is licensed under the laws of Curaçao eGaming, ensuring a regulated and secure gaming experience.

The impressive game selection at DuelBits Casino is one of its best qualities.

More than 4,000 games are available, giving players a wide range of options.

6. Sportsbet.io: Top Site with Attractive Free Wagers

Sportsbet.io is another site where you can bet using Ripple. Although it houses both a gambling and a sportsbook, it’s more focused on betting, as the name suggests. Here you will find over 50 game varieties and tournaments across the globe. It’s highly rewarding, with multiple offers and promos.

The sports menu is mainly categorized into in-plays, upcoming games, esports, and virtual sports. You can also use the featured section to find the platform’s most preferred sports.

The site allows you to also bet with multiple other coins like BTC, USDT, ETH, ADA, and LTC. The best part is that you get instant deposits and withdrawals. There are no charges for funding your account.

Crypto users also have a low minimum deposit and no maximum cap on the amount they can withdraw.

7. Thunderpick: Best Betting Features

Thunderpick was established in 2017 to offer online gambling and sports wagering services under the Curacao license. It has an impressive catalog of over 18 sports and a good mix of big and smaller tournaments. You will find various betting markets for each event and advantageous odds.

The operator also has an excellent esports section with popular options like LGD Goose, KT Rolster, Impunity, and eArena.

Regarding payments, the bookie only accepts about six cryptocurrencies, including popular ones like BTC, XRP, and ETH. All deposits are instant, and you won’t be charged any fees.

There are no mandatory KYC requirements at sign-up. However, the platform reserves the right to ask you for proof of address and identity at any time.

8. Bitsler: Bookie with Best Mobile and PC Betting App

Bitsler is another Ripple bookie you should know about. It is among the safest and most reputable sites, having been online since 2015, with zero cases of scams or fraud. It’s licensed in Curacao, one of the best bookmaker regulators.

All information shared on the website, including payment details, is transmitted in a highly encoded format, thanks to the 128-bit SSL protection available. Bitsler is home to great tournaments, from top leagues to smaller recognized local sports in different countries.

The bookie also accepts BTC, ETH, XRP, LTC, USDT, and over ten other coins apart from Ripple. Sign up with Bitsler XRP betting site and enjoy instant payments with no minimum and maximum transaction limits.

9. Betcoin: Bookie with Minimalist Design

Betcoin is a Curacao-licensed operator that has been online for about a decade. Betting options are listed on the left vertical pane according to the type of sport. The site also categorizes odds as live and pre-match.

The platform supports over seven digital coins, including BTC, DASH, XMR, and BSV. However, Betcoin lacks in some areas. We found the arrangement of sports on the website messy and hard to follow.

In terms of security, your information is highly guarded, thanks to the SSL certificate on the platform. Create a strong password and activate a 2FA function using the Google Authenticator to enhance security further.

10. MyStake.com: Best New Ripple Sport Book

MyStake is another young sportsbook accepting over five virtual coins, including XRP, BTC, LTC, and USDT. All deposits are instant, meaning your account is credited as soon as the network verification process is over. The XRPL completes payments in 3 to 5 seconds.

Navigating through the website is simple. All sports are arranged on the left side panel. The center space displays top matches, hot combos, live matches, and upcoming events.

Although MyStake was launched in 2020, it’s safe, regulated in Curacao, SSL-secured, and offers 2FA.

You have a long list of all popular sports available, including golf, cricket, tennis, baseball, basketball, floorball, MMA, Formula 1, and boxing, so the choice is yours. Compared to earlier reviewed sites, MyStake seemed to have a smaller sportsbook and fewer upcoming events.

What is Ripple?

Ripple is a blockchain-based international real-time gross settlement platform and cryptocurrency. Ripple Inc., a US-based tech firm, created and launched it in 2012. The main brains behind it, David Schwartz, Chris Larsen, and Jed McCaleb, designed it as a blockchain version of SWIFT, but one that could also bridge the gap between fiat and crypto. It was developed for financial institutions to offer faster and cheaper remittance than the traditional SWIFT transfer method.

The network boasts a transaction capacity of about 1,500 payments per second at a cost as low as 0.00001 XRP. At the current price of $0.39 when writing this the dollar value of payment fees would be about $0.000039. Although commonly interchanged, the coin is called XRP.

• It’s the sixth largest, with a market cap of close to $ 10 billion as of 3rd of March 2023.
• The coin’s maximum supply is 100 billion, with 45+ billion tokens already circulating.

It’s among the projects that have attracted the most significant attention and partnerships from financial institutions, having partnered with institutions such as American Express, Money Gram, and Bank of America.

The XRP ledger, the central platform of Ripple, also facilitates the development of decentralized apps, smart contracts, micro-payment systems, NFTs, and central bank ledgers.

Ripple Use On Betting Sites: Is It Worth The Risk?

Don’t be left out again if you missed the BTC gold rush. Some investors still hesitate to use XRP due to the ongoing SEC lawsuit. The case seems to have had little impact on the coin.

It’s still a top ten by market cap. Have you imagined what will happen to it if Ripple wins the case? Good thing the price is still considerably low, so anyone can jump on the bandwagon.

Let’s talk more about this crypto in the next sections.

Why do People Love to Bet with Ripple?

1. Financial Privacy

Betting with Ripple doesn’t require you to open a bank account. You simply need a crypto wallet to get started. Unlike traditional banking methods, crypto wallets don’t have your personal info.

And even if they were to have, their mode of transacting doesn’t share any data with the parties involved, apart from your public key.

This means all your dealings remain private. If you were to fund your account using a credit card, your name, email address, and even registered physical address would be shared.

2. Fast Transactions

Ripple payments get settled faster than most cryptocurrencies and fiat methods. It takes about 3-5 seconds to finish payment on the network.

This is way faster than Bitcoin and even Ethereum, which take some minutes. It’s faster than waiting for at least three days if you were to use a traditional wire transfer.

3. Decentralized Payments

XRP operates on its decentralized blockchain known as XRP-Ledger (XRPL). All payments are settled by the Ripple Transaction Protocol (RTXP).

No third parties are involved, such as clearing houses, banks, or governments. This makes transactions faster, safer, and free from the risk of censorship.

4. Low Fees

Gamblers prefer wagering with this coin due to its low transaction costs. You will incur approximately 0.00001 XRP per payment, which equates to about $ 0.0000039. This is an insignificant amount that leaves no impact on your money.

However, if you were to use e-wallets like Skrill, or your bank card, you would have had to part with around 2.99% to 5%, depending on the facilitator. In some cases, you would also be charged payment taxes. These costs eventually lower your capital and affect your bets’ total profit.

5. Play from Anywhere

XRP network is available all over the world and has zero geographical restrictions. With a phone or computer and internet connection, anyone can buy coins, sign up with a crypto sportsbook, and start wagering.

Even players from countries hit by international financial sanctions can still use the coin to bet, as long as the operator doesn’t restrict their country.

6. Bigger Bonuses

The low transaction costs and high level of effectiveness when using virtual coins allow sportsbooks to bank in more profits than their fiat counterparts. Due to that advantage, they can offer higher bonuses. It’s common to find XRP gambling sites rewarding players with as much as 5 BTC or more as a welcome perk.

Regular players also benefit from multiple ongoing offers and promos that are uncommon in fiat betting.

Drawbacks of Crypto Betting Sites

1. Lack of Regulation

The lack of regulation is a great challenge when it comes to betting with digital coins, as it creates anxiety in the market. This leads to panic selling and coin dumping whenever the market feels like the government is about to take drastic measures in the industry.

Crypto enthusiasts in countries like China have experienced massive crackdowns in the digital coin mining sector in the past. Investors are also hesitant to invest their cash towards capital-intensive gambling products since the industry’s future is still hazy.

2. No Chargebacks

It’s easy to initiate a chargeback from your bank or e-wallet whenever you send cash to the wrong person or get involved in fraud. That is not possible in the digital currency world. Validators on the blockchain network complete and sign transactions once.

The decision is final and can’t be reversed. This can be highly disadvantageous whenever you get hacked and your coins are stolen. That is why you should always practice safe storage of your coins. Make it a habit to double-check crypto addresses before sending cash.

3. Crypto Price Volatility

Volatility is one of the biggest challenges of cryptocurrencies. The coins are synonymous with huge fluctuations, sometimes happening rapidly and without warning.

The positive side is that your capital easily doubles if the price shift favors you. But, on the flip side, you may lose most of your funds if the coin you were holding plummets significantly.

Where to Buy Crypto for Betting?

There are several crypto exchanges where you can buy your coins before you start betting. The most important factors to consider in your selection are safety features, transaction costs, buying price, currencies supported, and reputation.

Our team has compiled a list of some of the best crypto exchanges below.

Binance

Coinbase

Kraken

Gemini

Crypto.com

How Do I Get In On the Action & Start With XRP Betting?

Factors to Consider Before Selecting an XRP Sportsbook

1. Secure Crypto Payments

You want to make sure you are betting using a secure platform. Your money should be protected while funding your account, placing bets, and withdrawing. This can only be possible on an SSL-secure site.

SSL is a type of encryption technology that encodes all data, including your payment details. It secures transactions by blocking third parties, such as hackers, from accessing your information. Even if they did it accidentally, they wouldn’t make sense of it as it would be in a highly coded format.

2. Fast Transactions

Considering that virtual currencies are fast, you want an operator that doesn’t delay payments. You should be able to make deposits and withdrawals speedily. The best Ripple sportsbooks offer instant account funding and cashouts.

You can sign up and place a wager in less than ten minutes. You can also withdraw your funds whenever necessary to sort out any emergencies.

3. VIP Programs, Bonuses, and Promos

You don’t always need to take money out of your pocket to bet. Taking advantage of VIP and bonus programs will help bankroll your wagering to a large extent. Crypto operators offer welcome and other top bonuses as high as 10BTCs.

Imagine what you would do with this. VIP programs, on the other hand, have the most rewarding perks an operator can provide. You want to make sure the site you are signing up with has these features.

4. Restricted Countries

While digital coins do not have geo-restrictions, some operators do. This may be caused by certain regulatory requirements or their own internal decisions. Avoid wagering on restricted platforms, even if they appear lucrative.

You may get away, especially if you are using a VPN, but your funds may be permanently frozen as soon as you are caught. Always read the terms and conditions, or contact customer support to determine if your country can use their site.

5. Low Crypto Transaction Fees

Transaction fees can significantly disadvantage your betting if they are high. Consider an operator charging 3% for every deposit and withdrawal plus a 1% betting fee. This brings your total expenses to 7%, assuming you wager 100% successfully. If you incur some losses, your funds may be reduced greatly to the point of being unable to make the minimum wager.

That 7 % transaction fee would likely be what you only needed to place one successful bet and recover part or all your losses. Transactions on the XRP ledger cost about 0.00001 coins, so don’t incur unnecessary charges on a greedy operator. The best sites have zero-cost deposits. They may charge an insignificant amount for withdrawals.

6. Equitable Deposit & Withdrawal Limits

Start wagering small amounts until you are comfortable with a platform’s conditions before depositing huge cash. Therefore, stick to sites with low minimum deposit amounts. On the other hand, you want to be able to cash out your large winnings at once, so ensure the platform you are going for permits that. Top Ripple iGaming sites allow limitless crypto cashouts.

From a different perspective, there should also be low withdrawal limits. Some sites allow you to deposit small amounts but restrict withdrawals to high thresholds that might be hard to achieve. Run from such operators.

7. Diverse Selection of Crypto Betting Markets

Bes sports betting sites offer multiple crypto markets. For example, if you are a soccer fan, ensure there are many competitions and international leagues to wager. A mix of both small and large tournaments would be ideal.

The sportsbook should also list other popular sports, such as volleyball, basketball, and tennis. Try out something new soon.

8. Reputation and Trust

Find out how trustworthy and reputable a site is before you can sign up and commit your hard-earned cash. Such information can be found by reading user reviews on public sites like Trustpilot.

• If the casino has an app, check the ratings and reviews left by users on Google Store and App Store.
• Consider professional reviews and ratings like what we offer at Bitedge too. All our articles provide 100% authentic information. We are bluntly honest and never sugarcoat anything.
• Lastly, reputation is also granted by regulation. While some trustworthy operators have no crypto licenses, we highly encourage you to focus on regulated platforms.

9. Sports, Lines, and Odds Available

Betting lines are the odds listed for wagering. All sports and betting options come with different lines. Your decisions will vary greatly based on what is available. This could be spreads, totals, moneylines, or more. They will also influence how likely you are to win.

It’s a good idea to compare what different sportsbooks offer for the same sports. Find combinations that offer you higher chances of winning big.

10. Good Betting Features & Resources

Lastly, the best Ripple sportsbooks should have top-notch betting features. They may include one-click bets, in-play cash outs, and tools to help you track your stakes, wins, and losses. It might also be best to pick a website with an educational blog, a free crypto academy, and resources to help you become a better gambler.

Features, such as self-exclusion, are also key. They may be useful when your gambling starts getting out of control.

Why use Ripple for betting on Sports?

Immediate Payouts

With transaction settlement of about 5 seconds and the ability to process up to 1500 payments per second, Ripple betting offers players instant payouts. Top operators give you access to your payout when a win is secured. You can withdraw funds and have them transferred to your wallet instantly.

Anonymous Transactions

Betting with this coin is 100% anonymous. Unlike traditional bank and card transfers that involve sharing all your details, Ripple crypto wallets only expose your public key. Your bank and employer won’t know you are gambling unless you tell them. Even though the operator may ask for KYC verification, you remain partially anonymous.

Better Betting Odds

Cryptocurrency bookies generally have more attractive odds than their fiat competitors. Moreover, they can offer sounder betting odds since they profit hugely from Ripple’s low transaction costs.

Which Cryptocurrencies Are Accepted for Online Betting?

Is Crypto Betting Legal?

Crypto betting is legal in most parts of the world. Not many governments have laws to specifically regulate crypto betting. However, where online gambling is allowed, it’s usually assumed that you can also bet with digital coins.

Even if the crypto happens to be illegal in such jurisdictions, players still find a way to use it and cash out using fiat. Some countries like Russia, the Philippines, and Thailand outlaw betting within the country. Some even have special bodies to blocklist online wagering sites targeting players from their region.

As long as no law restricts players from wagering online, they still find a way of using offshore platforms.

VPNs come in handy in such cases. Nevertheless, it’s essential to first find out the legal status of crypto betting in your jurisdiction before engaging in it. Some countries have strict and clearly defined laws that could land you in jail if broken.

The Increasing Popularity of Betting with Ripple

Ripple became famous fast because it was projected to disrupt the SWIFT network. COVID-19 and the lockdowns that came with it fueled a sudden shift from land-based wagering to online. Cryptocurrencies offered the best solution since they were considered safe, fast, and private.

At that time, Ripple had attracted the interest of many corporations, including banks, and was poised for sharp growth.

However, its uptake was greatly disrupted by the SEC lawsuit filed in 2020. This was short-lived. Sooner, the Ripple tech company appeared to have a more potent edge in the case. Although the final verdict of SEC versus Ripple is not out, crypto enthusiasts have returned to using the coin for different courses.

Betting sites are also continually adding XRP in their supported payment options as demand for the currency rises.

What is the Projected Growth of Ripple Betting in the Future?

Price projections mainly influence the adoption of Ripple and other cryptocurrencies in the betting industry. With many countries developing a regulatory framework for virtual currencies, their future might appear less bumpy. However, until that happens, everything remains uncertain. For XRP, in particular, the SEC case is also a factor to consider when discussing its future.

If the SEC wins the case, the company could not only be subjected to hefty fines, but the company executives could also be prosecuted individually, fined, and even jailed. These consequences could have a drastic impact on the coin’s price. A win for Ripple, on the other hand, would see the crypto’s valuation skyrocket dramatically.

With Ripple having already secured a small victory after a judge ordered the regulator to hand over “Hinman documents,” experts are projecting that the final ruling will favor XRP.

The coin has remained stable even in the face of the current turmoil. It exhibited resilience during the 2022 winter, and some experts now think it might hit a price of about $1.6 by the end of 2023 and up to $7 by 2025. That will be a growth of over $1,000 from the current price of about $0.39. With that in mind, more gamblers are adopting the coin, which means there will also be an increased number of operators offering XRP betting.

The Best Mobile Apps for Betting With Ripple

Bitlser has the best mobile app for betting. The 2015 established site recently launched a top-notch gaming and betting app for PC and mobile users. It works perfectly on both Android and iOS. Mobile users can download it from the App Store and Google Store. Windows and MAC PC users can also download the desktop app from the company website.

• The Bitsler mobile app for Ripple bettors is smooth to set up and use. It offers a similar experience to PC wagering and has sophisticated touch capabilities to give you speed and efficiency in your betting. We never experienced any form of lagging or bugs during this review.
• You may also consider using BC.Game on your mobile phone. There is no downloadable BC.Game app, but the company has a highly responsive browser extension app that works with all major browsers. You can set it up on Chrome, Firefox, or Safari for easy accessibility.

Conclusion

Betting with cryptocurrencies is the best thing that has ever happened to gamblers. The privacy, security, payout speeds, and odds offered are incomparable. You also get amazing bonuses and promos that fiat operators can’t afford to provide.

When it comes to Ripple, these benefits are much magnified. The network completes transactions in less than five seconds, and it only costs about 0.00001 XRP to make a payment. We believe this is one of the best virtual coins to use for gambling.

You may start with any of our recommended operators. Remember, you can use our guidelines to search for another betting site we did not review. If you are considering trying out other coins, consider BTC, ETH, USDC, DOGE, and LTC.

References:

• https://ripple.com/
• https://bitcoinwiki.org/wiki/ripple
• Responsible Gambling
• https://www.egba.eu/