🤔 Cryptocurrency and iGaming – how did two become one?
For many years, classic sports betting sites would only accept age-old payment methods like credit and debit card. Meanwhile, cryptocurrency trading sat somewhere way of in the distance – a separate activity entirely. But somewhere along the way, something changed.
Betting brands started diversifying their payment options to include e-wallets, followed eventually by Bitcoin and Doge as cryptocurrencies grew more popular. Today, crypto sports betting sites are the new normal. Why? Because iGaming brands want to target wider audiences, and cryptocurrencies themselves offer a ton of advantages for bettors, which I’ll get to later…
🪙 Dogecoin betting
– what is it, and how does it work?
As you may or may not remember, Dogecoin first started out as a spin-off of the popular “Doge” meme, known for its cute Shiba Inu dog images and catchy, Comic Sans slogans. Two prominent software engineers first created the coin, well, “for the lolz” in 2013. Surprisingly, it quickly garnered a dedicated community and established itself as one of the fastest and best-loved cryptocurrencies around.
These days, as crypto continues to grow more mainstream in online betting, Dogecoin
crypto casino sites and Dogecoin sportsbooks – which, in a nutshell, are literally just regular iGaming platforms that accept Dogecoin as a payment method – are everywhere. And some of them are
insanely
good, too.
But how does betting with Dogecoin work? Well, to get started, you’ll need to follow these steps:
- Find a Doge betting site that offers odds on your favourite sports, and register.
Hint:
my expert reviews and comparisons are here to help.
- Get your hands on some Dogecoin by setting up a reputable crypto wallet and purchasing it from an exchange.
Hint:many betting brands offer “how to” videos on this if it’s your first time.
- Head to your betting site’s “Deposit” page and click through to deposit some Doge.
Hint:
all betting brands are a bit different – some require you to use a brand-unique “deposit address” and transfer the funds via your crypto wallet, for example.
- Once your account has been credited, start betting.
Hint:
it’s just like betting with any other currency, except your bets will go down in Doge.
đź’Ş Discover your perfect Dogecoin betting site
More and more betting sites are starting to accept Dogecoin payments, but this doesn’t mean that you should sign up with the first DOGE betting site that you see. After all, there are a few
crypto betting sites
that simply cannot be trusted.
Thankfully, you can just check the banners on this page and find plenty of trustworthy betting sites who let you deposit and withdrawal with Dogecoin. Just so you know, each one of these Dogecoin betting sites will be available in your location, so that you can sign up, get your welcome offer and then enjoy superior betting with DOGE.
đź‘Ť The bookmakers we trust the most
1.
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🌟 What are the key advantages of playing at
sports betting sites with Doge?
Dogecoin didn’t become one of bettors’ favourite cryptocurrencies without reason. Aside from the
crypto betting bonus
options here are some of the top benefits of betting with Dogecoin, are:
| Benefit 👍 | Why it matters… 👇 |
| Faster-than-average speeds | Dogecoin is fast. In tech terms, I’m talking 40 transactions per second. In betting terms, you’re looking at faster deposits and withdrawals than with other payment methods. |
| More online anonymity | Dogecoin is powered by blockchain – a large, decentralised database of transaction data. The coin’s enthusiast-run network can help you and your transactions remain anonymous online. |
| Low transaction fees | A lot of cryptocurrencies come with fees, but Dogecoin’s are a lot lower than what you’d might pay with, say, Bitcoin. Average fees chime in at just 0.0025 Doge per transaction. Which equals cheaper betting. |
â›” What are the potential drawbacks of
Doge betting?
For all its advantages, betting with Dogecoin is, inevitably,
not perfect. Some potential pitfalls to be mindful of, include:
| Downside 👎 | Why it matters… 🤷 |
| It’s prohibited in some countries… | Dogecoin, and other cryptocurrencies for that matter, are banned in some countries. The likes of China, Bangladesh, Iran, Qatar, Tunisia, and others flat-out prohibit them, which sucks. Meanwhile, Doge-friendly betting sites might not always be available where you live and, for obvious reasons, you absolutely must stay on the right side of the law when betting online. The best fix? Use my guides to find sites that are 100% available where you live. |
| Security could be an issue… | Depending on how you look at it, Dogecoin’s enthusiast-controlled blockchain poses a few potential security concerns. It hasn’t undergone any major updates since 2015, either… |
| Relatively low value… | Dogecoin’s value is significantly lower than that of, say, Bitcoin. This makes it probably not the most robust option for high rollers who enjoy big-value bets. |
đź‘€ Top alternatives to Dogecoin betting
Of course, Dogecoin isn’t the only crypto coin around, and there are also lots of fiat payment options at all of the bookmakers featured in the banners of this page. So if you want to bet at a particular sportsbook but they don’t take DOGE payments, then you should be able to use one of these alternative payment providers:
From
Bitcoin betting sites
and Ethereum to Binance Coin and Tether, each cryptocurrency will have its own pros and cons. So be sure to shop around to see which crypto suits your betting needs best,
Litecoin betting sites
could be the one for you.
Debit cards and credit cards
Many sports fans will continue to use cards for betting because they are familiar, widespread and secure. Just note that the withdrawal times could be better.
While bank transfer payments are slow, this payment method is featured at most decent betting sites. A good choice for making secure deposits and withdrawals with high limits.
Brands like Paysafecard let you buy their prepaid cards and then make a deposit at a betting site in a way that is quick, secure and easy. Just note that you cannot make prepaid card withdrawals.
Lots of people use ewallets like PayPal, Skrill, Neteller and
Ethereum betting sites. This is because they are fast, convenient and secure too.
🏆 Conclusion – is
Doge betting
right for you?
Dogecoin-friendly betting sites offer some incredible perks, from super-fast, low-fee deposits and withdrawals to near-total online anonymity. That said, if you’re new to crypto betting, worried about how Doge’s relatively low values could affect your high-rolling habits or feeling a little shaky about the enthusiast-run nature of Doge, I wouldn’t blame you.
Before betting with Doge, it’s important to consider whether the incredible
crypto casino bonus
benefits on offer really outweigh the potential risks
for you, personally. And if you do decide to dive in, betting with a reputable bookmaker that offers the sports and features you need is paramount. So, go check out our Cloudbet rating or read-up a little more on other Doge-friendly betting sites found in the banners on this page.
👇 Our top online betting sites of 2024
1.
Get Up To 200 GC + 40 SC + 100 Diamonds!
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3.
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4.
Purchase Offer: 20 SC FREE and 100K Gold Coins
Players from United States of America accepted
Min. Deposit: 20
5.
33 SC FREE and 67,777 Lucky Coins
Players from United States of America accepted
đź“– Dogecoin betting
FAQ
âť“
Are Dogecoin betting sites safe?
They are, but only if the brand you’re betting with is properly licensed and legal where you live. Find out how to check for licenses and other credentials with Jaxon now.
đź’°
Which online casinos accept Dogecoin?
The short answer?
Several. Stake.com is always a standout; however, you can check out all recommended sites in the banners on this page.
đź’µ
How do I deposit at a Dogecoin betting site?
You’ll need to use a crypto wallet or purchase Dogecoin directly through your chosen site. Find out how deposits work with my latest crypto betting guide.
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