Six New Crypto Betting Options Added To Sportsbook Menus

Every day, right after docking my laptop at the desk in my cube and brewing some inadequate and disappointing K-Cup coffee (which is no knock on the work environment at SBL – all K-Cup coffee is inadequate and disappointing), I log in to every major online sportsbook and check their deposit and withdrawal menus for changes.

Usually, there’s nothing to report, and everything is business as usual.

But every now and then, on the rarest of rare occasions, something big happens behind the scenes and we get a host of new bet funding options to choose from.

And when that happens, well, it’s my job to make sure you know all about it.

So:

it is with great pleasure meme

Specifically, sister sites MyBookie Sportsbook and Xbet Sportsbook have significantly expanded their selection of sports betting crypto options.

Previously, the sites were relatively conservative in their crypto libraries, with only Bitcoin, Bitcoin Cash, Litecoin, Ethereum, and Ripple making the cut. Now, though, both venues have upped their games considerably.

As of the time of this writing (and probably a few days prior, to be honest), you can now make deposits and claim payouts with the following just-added altcoins at MyBookie AG and Xbet AG:

With these six new crypto bet funding methods, that brings the total number of cryptocurrencies supported by both sites to 10.

But why not 11?

Well, unfortunately, all this has come at a (potentially not insignificant) cost:

MyBookie and Xbet have dropped support for Ripple (XRP).

While XRP remains a viable crypto gambling option and is still supported by BetOnline and SportsBetting AG, the ongoing kerfuffle with the SEC – and the fact that Ripple is still unlisted by the big US crypto exchanges (making it generally more difficult to acquire than other popular crypto coins) – has caused waning interest in the asset from bettors.

Now, just because these six new cryptos (or, rather, new cryptos to you if you’re a member at either book) are available for use, that doesn’t mean they’re all going to be compelling.

For us, though, at least two of them are worth making the switch for, regardless of the crypto option you’ve been using: Solana and Cardano. Both of these are Proof-of-Stake (PoS) coins with established stake pool models and great historical returns.

So, you know, you can get winnings on top of your winnings.

That said, Tether isn’t all that compelling unless you really have a use case for stablecoins, while Dogecoin and Shiba Inu are memecoins that don’t have the investment potential of any of the other available options. Binance Coin (BNB) is a decent option as a top 5 cryptocurrency, but if you’re going to use BNB, you might as well just use Bitcoin or Ethereum.

Regardless, though, more options is always better, and both MyBookie and Xbet have effectively doubled their banking menus.

So buy in, bet big, and double your bank!

author avatar
Anderson Armistead

Fully self-taught because no school would have him, Anderson began writing professionally in 2002. After working with various entertainment sites and tech blogs, Anderson jumped ship to go all in on sports betting in 2014. After all, if you’re going to write, you might as well write about what you love! With SportsBetting.Legal, Anderson’s been doing exactly that in varying capacities since 2019.

While Anderson prefers boxing, he’s not a great fan of MMA or the UFC, and celebrity boxing has soured him on the Sweet Science. He still thinks boxing is tops, but he’s lately become more interested in sports that feature a wider variety of odds on the boards. That said, you’ll catch Anderson on any given Sunday not betting on football, as he prefers baseball and hockey when it comes to the team game.

In addition to sports gambling, Anderson is a stone-cold crypto bro. He might have missed the early rush on Bitcoin, but various altcoins have been paying off handsomely. Plus, the strategic aspects of crypto – including day trading and swing trading (and bragging about it endlessly to anyone fool enough to listen) – have enough similarity with sports betting that it’s a natural match. Anderson also thinks Trump won in 2020, but he bet on Uncle Joe because he knew the fix was in.

Anderson still hasn’t been able to find an Xbox Series X in stock anywhere.