Ripple Sports Betting Deposits and Payouts
Ripple (XRP) is one of the most popular cryptocurrencies on the market, regularly occupying a spot in the top 10 most traded crypto assets by volume and market cap. Developed by Ripple Labs and released in 2012, Ripple is unique in several respects when it comes to blockchain implementation. That said, for holders, traders, and bettors, XRP works like any other crypto asset, and Ripple sports betting deposits come with all the same benefits you get when betting sports using Bitcoin, Litecoin, Ethereum, etc.
As a legitimate online betting banking method, Ripple gambling offers fast transfers, enhanced bonuses, and more. If you’re not already using XRP to bet on sports safely and legally over the Internet, you should be. So forget about A Ripple in Time, because when it comes to sports betting online with Ripple, there’s no time to lose!
What Is Ripple XRP?
Ripple (ticker symbol XRP) is an early-generation cryptocurrency platform that was launched in 2012. The Ripple crypto asset is heavily traded and quite popular, and it’s supported by several of the top online sportsbooks as a result.
In effect, XRP works the same way that all legitimate cryptocurrencies do, including Bitcoin, Litecoin, Bitcoin Cash, Ethereum, USD Coin, Chainlink, Stellar, etc. That is, it operates on an open ledger blockchain protocol, making transactions transparent and immutable.
The Ripple price hit its all-time high (ATH) of $3.40 per coin in January 2018, but it’s since dropped substantially. The Ripple price today is hovering around $0.55 to $0.60, and there is some uncertainty around the asset due to an ongoing SEC lawsuit.
However, that status has not tanked the Ripple value, though it has caused a few major exchanges – namely Coinbase and Bittrex – to delist the coin. This can complicate things for XRP gambling enthusiasts who wish to bet sports using Ripple, but XRP gambling sites continue to support the asset.
Are Online Ripple Sports Betting Sites Legal In The US?
Yes! All the online sportsbooks you see listed here are safe and legal for USA-based bettors aged 18 and up, as there are no federal gambling laws barring access to operators provided they’re headquartered outside of US borders.
Only one state, Washington, bars all online gambling (including sports betting), but we’ve never heard of any WA resident getting cited, fined, or arrested for participating with the sites we recommend. Still, if you live in WA, you should bet online only at your own risk.
Also, despite the SEC lawsuit against Ripple Labs (which you can stay up to date on if you follow the daily Ripple news), the coin is 100% legal to buy, sell, and trade for all lawful purposes, including online sports betting.
Benefits Of Using Ripple For Legal Online Sports Bet Funding
There are numerous reasons to use the Ripple cryptocurrency when gambling on sports online. If you’ve ever researched crypto betting in general, you’ll know what to expect, but those new to the game no doubt have several questions that need answering.
So, then, how does Ripple work for legal online sports betting, and what are the benefits of using XRP over other deposit methods like credit cards, debit cards, bank wires, and other crypto coins? These are the main perks of Ripple betting at legal online sportsbooks:
- Legal for all US sports bettors (18+)
- 100% success rates on all deposits – No UIGEA interference as with credit/debit/bank deposits
- One of the fastest-processing cryptocurrencies – Transfers go through in just 3-5 minutes on average, compared to 30-60 minutes for Bitcoin and Ethereum
- No extra fees for deposits or withdrawals – Only pay small blockchain fees with every transaction
- Highest deposit and withdrawal limits at participating sites
- Quantum-hacking-resistant blockchain technology protects your private financial information
- State-of-the-art security for all personal and banking data
- Earn enhanced crypto sports betting bonuses with every deposit
- Claim same-day payouts in XRP or any other supported cryptocurrency
Ripple Bonus Options
One of the biggest reasons bettors choose particular sportsbooks over other reputable operators is because of the bonuses on offer. Each sportsbook that takes US players wants to keep those players, and they offer sports betting bonuses to sweeten the pot and encourage repeat wagering.
The best sites all have attractive bonuses with fair rollover requirements, which is why we recommend always accepting online sportsbook promos whenever they’re offered.
Of course, if you deposit with Ripple (or any supported cryptocurrency), you’re going to get even better bonuses than you will with “traditional” banking options (i.e. Visa betting deposits, Mastercard betting deposits, cashier’s checks, bank wires, money orders, etc.), often increasing your free money by 200-300% without any increase to playthrough requirements.
Coupled with the fact that crypto tends to appreciate organically in value over time, that means there’s no better way to maximize your bankroll than by depositing with Ripple/crypto at the best online sportsbooks. Talk about a real ripple effect!
How To Buy Ripple XRP
With the Coinbase XRP delisting that took place in December 2020, it’s become more difficult for first-time crypto buyers to actually buy the XRP coin. However, if you want to know how to buy Ripple XRP, the good news is that there are still several ways to do so.
First things first, of course, you need to make sure you buy XRP crypto when the XRP price is trending low. You can do this by following the XRP news online, consulting a historical XRP price chart, and making your purchase when the asset’s value is lower than its weekly average.
While there’s no way to predict the lowest XRP price, you can usually find a good deal every few days. Remember, crypto is famously volatile, but that means that there’s almost never a truly bad time to buy in. The value of a given asset will always trend upward in the long run.
Where To Buy Ripple XRP
Now that you’ve settled on a favorable Ripple XRP price, you can acquire Ripple via the following avenues. At the time of this writing, due to the ongoing Ripple XRP SEC lawsuit, several of the most prominent US exchanges (Coinbase, Bittrex, Binance US, etc.) have delisted the coin, but there are many more options to consider.
It’s also important to note that the SEC suit’s outcome – whatever it is – will not impact the legality of Ripple itself. That is, Ripple isn’t going away, and you won’t get in trouble for buying, holding, or trading the asset. Ripple Labs will likely be fined, and that’ll be the extent of it. You can invest in Ripple with confidence.
Ripple XRP Exchanges
For most gamblers and crypto enthusiasts, the best way to buy Ripple is to do so via an online exchange that still supports the platform. These are currently the easiest exchanges for US players to access in order to purchase XRP:
- Binance (not Binance US)
Please note that there are hundreds of other online exchanges that support USD-XRP and XRP-USD trades, as well as XRP trades for Bitcoin and numerous altcoins.
To use some of these exchanges, a VPN may be required, but you need to ensure that you read all terms and conditions and pay attention to any KYC (Know Your Customer) requirements before buying. You can also buy Ripple on various private exchanges or from individual Ripple holders.
New For 2021 - Ripple XRP Sports Betting Payouts
As of 2021, there’s a new option for how to easily and safely get your hands on Ripple XRP cryptocurrency, and that’s from your favorite online betting sites themselves!
The best online sportsbooks that support Ripple XRP also allow bettors to withdraw in the asset, even if they deposited using a different method. Because these sites allow you make credit/debit deposits and withdraw in Ripple (and other supported cryptocurrencies), this is becoming one of the most popular ways for first-timers to buy into crypto in general. After all, you’re already betting on sports, so you might as well take a gamble on Ripple, too!
Pro Tip: When withdrawing, you should wait for the Ripple XRP price to trend lower than normal. If you consult any reputable Ripple forecast, you should be able to time your payouts for maximum value. The lower the Ripple value at the time your withdrawal is processed, the more Ripple you’ll get for your winnings. Then, when the Ripple price goes back up, it’ll be like winning twice the payout – and probably a whole lot more!
Best Ripple Wallets For Online Sports Betting
There are several different Ripple wallet options that can be used for online sports betting (and Ripple trading in general), but they each have different strengths and weaknesses.
If you intend to regularly bet, Ripple “hot” wallets like online exchange accounts and XRP software wallets are your best options. These have the added benefit of mobile app access, which plays nice with the mobile sports betting portals offered at each of the sites we recommend.
For an added layer of security, XRP hardware wallets (aka Ripple “cold” wallets) are a better option, though they make sending and receiving Ripple transfers slower and may not be right for all sports bettors, particularly those that need to move funds into their betting accounts ASAP to take advantage of volatile lines or live betting options.
Ripple paper wallets are not recommended for trading XRP or using XRP to buy goods or services, as they’re best suited for long-term cold storage.
Ripple Online Wallets – Tidal Wave
- Other XRP Exchanges
Ripple Software Wallets – High Seas
- Atomic Wallet
- Exodus Wallet
- Mycelium Wallet
Ripple Hardware Wallets – Billows
- Ledger Nano S
- Ledger Nano X
- Trezor One
- Trezor Model T
Ripple Paper Wallets – Still Waters
Note: Please only download Ripple software wallets from their official mobile app listings or developer websites, and please only buy Ripple hardware wallets from their official manufacturer stores. Never download or purchase XRP wallets from third parties.
Sports Betting Same-Day Payouts With Ripple XRP
One of the primary reasons for betting on sports with Ripple (or other supported cryptocurrencies) is that crypto is the only way to claim same-day payouts. No other withdrawal method supports same-day payouts at the top online betting sites, and no other method has nearly as attractive withdrawal limits.
Additionally, all non-crypto payouts come with added fees, though several of the best sites will allow players one free courier check payout every 90 days or so.
As of 2021, you can withdraw via Ripple/crypto regardless of the associated deposit method you used, which makes it easier than ever to take advantage of all the benefits crypto has to offer.