Ripple (XRP) is a digital currency that’s emerging as a popular way to make online payments, and now it’s making a splash in the world of online sports betting.
You can now use XRP to place bets on your favorite teams and players, from football to basketball to tennis and beyond.
So, whether you’re a seasoned sports bettor or a newbie, XRP sports betting is an exciting way to enjoy the games you love while potentially earning some extra cash.
Ready to get started? Awesome! Check out our list of the best Ripple sports betting sites, and start placing your bets today!
Best XRP Sports Betting Sites
TL;DR? Here’s our full list of XRP sportsbooks (all reviewed and tested by us).
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But not all bookies are equal; some have more bells and whistles. So, we took some time and reviewed platforms that we think offer the best XRP betting options. Take a look:
1. Stake – Best Ripple Sports Betting Site
Stake is a relatively new player in the sports betting industry, but it’s already made quite a name for itself since its inception in 2017.
One reason for this is the company’s impressive list of sponsorship deals across UFC, Formula 1, and even famous soccer clubs like Everton.
But it’s not just about the glitz and glam, as they also have a sleek and easy-to-navigate website that will make anyone feel like a pro.
However, what sets this sportsbook apart (and is our favorite thing about Stake) are their ongoing promotions that change to match the biggest sports events.
If Stake caught your interest and you want to know more about them, check out their website:
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2. BC.Game – Attractive Welcome Bonus
BC.Game is not your typical sports betting site. Why?
As soon as you land on their homepage, you’re welcomed by their playful design, which feels more like a gaming platform than a sportsbook.
But don’t be fooled by their fun aesthetic because BC.Game means business when it comes to sports betting.
With over 80 currencies available (including our old friend XRP), they offer users more options than the average sportsbook.
And let’s not forget about their extensive selection of over 40 sports and eSports games, which provide plenty of excitement and opportunities for live betting.
Best of all, if you make a first deposit of at least 18.84 XRP, you’ll receive a generous 180% bonus to boost your betting bankroll.
So if you’re looking for a fun and functional site, BC.Game might just be the perfect match for you:
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3. Cloudbet – Crypto Sports Betting Pioneer
When it comes to online crypto gambling, Cloudbet is a true pioneer.
Established in 2013, they’ve been around the block and back, and their well-structured and modern-looking website is a testament to that.
And while they started with a focus on casino games, Cloudbet now offers over 30 sports and ten eSports games to choose from – in addition to various virtual sports betting options that will have you cheering on your favorite electronic horses and greyhounds.
But what we truly love about Cloudbet is their live betting setting. It’s like being courtside at the game, with every second of the action feeding your adrenaline-fueled predictions.
Plus, with one of the biggest 100% match welcome bonuses* out there (up to 75,000 XRP), you’ll feel like a winner right from the start.
Clearly, there’s a lot to say about Cloudbet, so read more about them on their website:
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*Cloudbet’s welcome bonus is currently only available for casino games.
How Can I Get Started With Ripple Sports Betting?
Okay, so since you discovered the best Ripple sportsbooks, it’s time you get your hands dirty and try wagering with XRP yourself.
Don’t know how?
No worries, here’s a short step-by-step tutorial on how to get started with XRP sports betting:
- Set up an XRP wallet. You can choose from plenty of options, so be sure the wallet is reputable and suitable for betting (for example, Coinbase doesn’t allow gambling).
- Buy XRP. You can do that on crypto exchange sites like Kraken and KuCoin. Then, transfer the XRP to your wallet once you have the coins.
- Find an XRP sportsbook. Remember that a bookie can make or break your betting experience, so opt for a reputable platform like the ones we reviewed earlier.
- Make a deposit. Once you have your new sportsbook account up and running, you should make a deposit which you can use for betting. The minimum/maximum amounts depend on the bookie, but usually, there’s none. Also, remember to take advantage of the sports welcome bonuses!
- Start betting! Now, find your favorite sports and team and place your bets.
Last but not least, always remember to gamble responsibly and don’t break your wallet.
Factors to Consider When Choosing a Ripple Sportsbook
Before jumping into the XRP sports betting world, there are a few factors to consider when selecting the perfect sportsbook.
From licensing to privacy, it’s essential to do your research to ensure you’re getting the best possible experience.
So, let’s dive in and explore everything you need to know before selecting your Ripple sportsbook.
Credibility
When choosing an XRP sportsbook, credibility should be at the forefront of your mind.
But what exactly does it mean for a bookie to be credible?
Firstly, choosing a bookie with a valid online gambling license is essential – this ensures they comply with regulations and gives you peace of mind that they are trustworthy and legitimate.
Another factor to consider is good user reviews – take the time to read what others are saying about the sportsbook you’re considering.
Thinking about where to start? Check out our crypto sports betting reviews, starting with our top three:
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Finally, check if the bookie has different partnerships with trustworthy brands. This can include affiliations with reputable payment providers, sports clubs, and NGOs.
Anonymity
If you’re already familiar with the crypto world, then you know the advantage it brings concerning anonymity.
However, when placing bets with crypto, it’s important to remember that certain sportsbooks may still require you to comply with KYC and AML policies.
What does it mean to you?
For starters, remember that XRP sportsbooks still offer more privacy than regular bookies. But you may have to prepare for occasional identity verifications – especially during larger withdrawals.
Bonuses
You can give yourself a head start by taking advantage of different promos and bonuses.
For example, look out for non-deposit and deposit match bonuses with low wagering requirements to maximize your winnings.
It’s also a good idea to check for specific ongoing promotions for sports events that may have higher odds (Stake is a good example of that):
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And don’t forget to participate in VIP programs, which can offer additional perks and benefits.
Sports Selection
What good is a sportsbook if it doesn’t have your favorite sports and teams?
That’s why opting for a bookie that offers a wide range of betting markets and events is important.
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The more options the sportsbook presents, the better your chances of finding the perfect one that suits your betting strategy.
A good XRP betting site will have not only traditional sports like soccer but also newer and less well-known options like eSports and virtual sports.
Some even offer bets on politics and Eurovision, allowing you to bet on various themes and events (Cloudbet, for example).
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XRP Betting: Overview
If you’re familiar with cryptocurrencies, you’ve likely heard of the digital payment network and protocol called Ripple.
This innovative blockchain-based system uses its own token, XRP, to facilitate faster and more secure transactions than traditional financial methods.
Casinos Blockchain
XRP is the 6th most valuable cryptocurrency per market capitalization.
Plus, with a market capitalization that currently ranks it as the sixth most valuable cryptocurrency, XRP is a major player in the digital payments space.
Oh, and did we tell you that XRP is gaining popularity in the betting world?
Yup! According to Softwiss 2023 Q1 report, Ripple, among other currencies like Cardano and Tron, is showing an increase in the share of total bets (Bitcoin and Ethereum sports betting still continue to be the biggest players).
How Ripple Works?
Ripple has taken a unique approach by opting for a consensus protocol instead of proof-of-work or proof-of-stake.
This protocol helps to maintain the integrity of the system by preventing double-spending.
What does it mean?
Essentially, a network of validators agrees on the validity of a transaction, which is then added to the blockchain. This process allows for a faster and more efficient system than PoW or PoS, which can both be quite resource-intensive.
Casinos Blockchain
Ripple’s consensus protocol allows secure transactions without sacrificing speed or efficiency.
While it may seem complex at first glance, the idea behind Ripple’s consensus protocol is to keep transactions secure and trustworthy without sacrificing speed or efficiency.
Why Bet With XRP?
Ripple’s XRP undoubtedly stands out for its unique selling point among other altcoins.
The digital currency boasts minimal transaction fees and quick settlement status, making it a favorite among bettors.
What’s even more impressive is its scalability, which can handle up to 1,500 transactions per second.
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XRP has fast and cheap transactions, is highly scalable, and is environmentally friendly.
P.S. Want even faster transaction speeds? Check out our Solana sports betting guide!
Additionally, XRP is one of the most environmentally friendly digital currencies available, with its inherently green attributes making it carbon-neutral and energy-efficient.
Best Sports to Bet on With XRP
What are the best sports to bet on with XRP?
The simple answer is that it depends on the sportsbook you are using.
Casinos Blockchain
The more variety the bookie offers, the more sports you have to choose from.
However, there are some sports that are universally appealing to bettors.
For example, traditional sports like football, basketball, and baseball always attract much interest and are always a good choice, especially if you’re just starting out with your betting adventure.
But that’s not all – there’s also the virtual part to sports.
XRP eSports Betting
Over the past years, betting on electronic sports with crypto has gained massive popularity thanks to its unique features and twists that traditional sports lack.
So what are the most popular eSports for XRP betting?
If you’re into real-time strategy (RTS) games, then you should definitely check out:
- League of Legends
- Dota 2
On the other hand, if you’re more into shooter games, then the following eSports should keep your heart pumping:
- CS:GO
- Call of Duty
- Valorant
All the abovementioned games offer a wide range of markets for wagering.
Quick note: if you’re looking for a top-notch eSports XRP betting site, then check out Cloudbet:
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At the same time, virtual sports betting on horse racing, football, and tennis offers a chance to experience the thrill of traditional competitions in virtual reality. Cool, right?
XRP Sports Betting: Pros and Cons
As the online world of sports betting continues to evolve, XRP has emerged as a potential game-changer.
With its fast transaction speeds and low fees, XRP has the potential to revolutionize the sports betting industry. But as with any new technology, there are pros and cons to using XRP for sports betting.
So, let’s dive into the advantages and drawbacks of using this cryptocurrency for your next bet.
Reliable
XRP was specifically created for banking purposes, so it also offers a level of reliability that other cryptocurrencies simply can’t match.
And with many banks now accepting XRP, betting enthusiasts can rest assured that their transactions will be quick, easy, and hassle-free.
Fast
With the ability to handle up to 1,500 transactions per second, it’s no wonder why XRP is quickly becoming a favorite among online betters.
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XRP’s transaction time takes on average 5 minutes.
Not only is it lightning-fast, taking on average just five minutes to process your payments, but it’s also much faster than some of its biggest competitors – looking at ETH and BTC!
Budget-friendly
With the current price of only 0.50 USD makes XRP a cost-effective option for almost everyone and lets you stretch your budget without sacrificing the fun and excitement of wagering on sports events.
Not to mention, the XRP transaction fees are also very affordable.
And now, let’s have a look at some of the downsides:
XRP is Centralized
One of the biggest issues with XRP betting is that the network is arguably centralized, with most nodes controlled by Ripple itself.
For this reason, Ripple primarily focuses on winning over banks and other large financial institutions, which tend to favor centralized systems with clear leaders at the helm.
Casinos Blockchain
Ripple is arguably a centralized network which can leave XRP vulnerable for price value changes.
The downside is that it leaves XRP vulnerable to manipulation if the need arises.
Less Available
Not all online bookmakers accept XRP (yet), so you may struggle to find a betting site that offers this payment method.
Plus, even if the XRP is available, you may not find many bonuses and offers for this currency which can be a dealbreaker if you’re used to betting with ETH and BTC.
Conclusion
To sum up, Ripple sports betting presents a unique opportunity to join the digital currency revolution and reap the rewards.
So why not give it a try today?
Start exploring the best XRP sportsbooks and take advantage of their exciting bonuses and promotions. Happy betting!