Cryptocurrencies have become one of the most popular deposit options at leading bookies.
One of the main reasons for the wide-spread adoption of cryptocurrencies is the ease of use. Once you have funded your cryptocurrency wallets, depositing to multiple bookies is effortless.
One bookie that has entered the cryptocurrency market is BetAnySports (BAS). For those unaware, BAS is a sister sportsbook to the well-known 5Dimes Sportsbook.
The Customer Service Experience at BetAnySports
5Dimes has a policy where you can only bet with a single account under the 5Dimes umbrella, which means if you already have a 5Dimes account, you won’t be able to wager with BetAnySports.
Keep this policy in mind when joining any 5Dimes sister sportsbooks, as the last thing you want to have happened is have your winnings voided because you have multiple accounts.
What Cryptocurrencies Can You Deposit with at BetAnySports?
Currently (September 2019), BetAnySports offers deposits and payouts through Bitcoin (BTC) only.
If they begin to offer other cryptocurrencies such as Litecoin, Ethereum or Bitcoin Cash, we’ll make sure we update this guide will all of the details you need, but for the time being BTC is available.
? Minimum Bitcoin Deposit: $25 / Maximum Bitcoin Deposit: $5000
Other Ways to Deposit at BetAnySports
The minimum and maximum deposit amounts listed above are what they start at. However, I talked with support and the maximum deposit for BTC can be increased after you build a deposit history.
Bitcoin deposits are instantly converted into $USD at BAS. They use the average of the Bid and Ask prices from Bitstamp. If unavailable, they’ll use the average from Bitfinex or OKCoin.
When you enter the amount you want to deposit when signed into your account, you’ll be presented with a Bitcoin address where you’ll be able to send the deposit to BetAnySports.
Only use the wallet address provided, as it’s only good for that specific deposit. For future deposits, you’ll need to receive a new Bitcoin address prior to sending the BTC to BAS.
Deposits can take up to 40 minutes to be approved, but in most cases, it’s nearly instant.
Bitcoin Payouts at BetAnySports
If you use Bitcoin as your deposit method, you can withdraw any amount through Bitcoin. The most you can withdraw in a single transaction is $10,000 and can take up to 24-48 hours to process.
10 Reasons Why Should You Refer Your Friends to BetAnySports
Even if you don’t deposit using Bitcoin, you’ll be able to still request BTC payouts. However, you can only withdraw up to $1000 once every seven days if you don’t deposit using BTC exclusively.
Why You Should Use Bitcoin at BetAnySports
Not only is Bitcoin simple to use once you have funded a BTC wallet, but deposits and payouts are 100% free. There are never any fees when you use Bitcoin at BetAnySports.
With fees being high for US sports bettors using other banking methods, this is the #1 reason you should consider switching to cryptocurrencies such as Bitcoin if you bet on sports online.
The other payout options at BetAnySports have fees ranging from $30-$140.