Online Sportsbook Deposits With Dash
Dash joined the cryptocurrency scene back in January of 2014, and in the years since has become one of the major digital only currencies to be accepted as a deposit method at the leading legal online sportsbook sites – but only some of them. Frankly, Bitcoin is the dominant coin in this segment when it comes to deposits, and that is not likely to change anytime soon, but the market share for Dash is steadily growing thanks to the dedicated group of sports fans with diverse portfolios looking to make Dash deposits. However, owing to the slightly less prominent position of Dash among alternative cryptocurrencies (which we will hereafter refer to as “altcoins” for short), not as many prospective sports bettors are as familiar with how to make Dash deposits.
That is why we created this comprehensive guide on the subject. This isn’t to say that making sportsbook deposits using Dash are particularly difficult – we just want you to have all the information you need before you get started bankrolling your wagering account in case you decide to go down the route of making Dash deposits before you place your bets. Read on if you are interested in knowing more about the opportunities associated with this exciting subset of sportsbook deposit methods.
Are American Players Able To Deposit With Dash?
First of all, have no doubts about this one fact: American players are able to deposit with Dash at their sportsbook site of choice, and the sports betting sites that do accept Dash make it incredibly easy for you to do so. Even though not that many legal offshore sports betting sites that accept US players are enabled to accept Dash as a deposit method, there is no legal reason why they wouldn’t be able to. The reason for this convenience and the 100 percent legal standing of cryptocurrencies like Dash when used for making sportsbook deposits is that there are quite simply no federal or state anti-gambling laws that have any bearing on crypto whatsoever. In fact, this immunity is partially what defines cryptocurrencies as such, being as these digital only modes of legal tender exist outside all governmental control by financial regulatory bodies worldwide. That makes it fast and nearly untraceable to use cryptocurrencies, even altcoins like Dash, to bankroll your wagering account.
Probably the biggest barrier faced by investors and prospective sports bettors looking to make Dash deposits is actually getting ahold of this particular cryptocurrency in the first place. Unlike more established and more popular players in the segment (we are looking at your Bitcoin and Ethereum), the question of “how to get Dash” is not answered as simply. You will not, for instance, be able to simply hop on Coinbase.com and exchange US dollars for Dash; instead, what you will need to consider is purchasing Bitcoin from one of those direct currency conversion services and head over to a cryptocurrency exchange.
Essentially, the process goes something like this: first, buy whatever amount of Bitcoin, Ethereum or Litecoin that you desire at Coinbase, then create an account at a reputable cryptocurrency exhchange like Bitfinex or Poloniex. Once you’ve signed up there, you can easily transfer your Bitcoin (just for example) to the exchange’s wallet provided for you upon starting your account, and, having done that, you can convert your Bitcoin into Dash within a matter of minutes. Now you have Dash, and, while you CAN easily store it on the wallet provided to you by the exchange, we highly recommend that our readers get a reputable paper wallet or download a more secure and secretive wallet for your own personal computer for that extra bit of security.
How To Place Bets Using Dash
Now that you’ve got a good supply of Dash out of the whole exchange process, the next question on your mind will invariably be something related to how to bet using Dash. Fortunately, unlike the purchase process, actually betting on Dash at the sportsbook of your choice (and we recommend you stick to 100 percent legal offshore sportsbook sites like BetDSI and BetOnline for this purpose), is a model of ease and efficiency. All you will need to do in order to start betting using Dash is to head over to the sportsbook site and create an account, and, having done so, you will then be directed to select your deposit method. To make a Dash deposit, simply input the address of your cryptocurrency wallet and wait a few minutes for the funds to transfer. Once the transaction completes you are all set to peruse the betting boards and select whatever betting line you like on your favorite sports, sporting events and athletes.
Dash Deposit Speeds
There is no deposit method currently devised by the mind of man that will make it an instantaneous process, but using cryptocurrencies comes pretty darn close. All things considered, Dash deposits and deposits made using other altcoins are by far the fastest and easiest of all options on the table as of this year. The average Dash deposit speed is a few minutes tops, though all our most highly recommended sportsbooks accept Dash deposits – those being BetOnline, SportsBetting and BetDSI – have guarantees of a 24 hour maximum wait time. Deposit speeds like that were simply unheard of even a few years ago, as veteran sports bettors will no doubt remember, further sweetening the pot for Dash deposits the next time you are looking to load funds into your wagering account before the next big game.
Dash Deposit Limits
If you are a high roller worried that the usual methods of bankrolling your wagering account are going to be too low for your big spending ways, then we have got some great news for you. Dash deposit limits are as high as they come at the legal online sportsbooks that accept this option for loading your account. BetOnline and SportsBetting, sister sites based in Antigua, have a maximum deposit cap of $25,000, which is nothing too shabby if we’re being honest, but BetDSI takes things to an entirely different level with a maximum deposit limit of $50,000. If you’re the kind of person who wants to lay 50 large on a sporting event, then you should consider placing those bets with cryptocurrencies like Dash in the tank, as Dash deposits are pretty much sky high at this point.
Dash Deposit Fees
Another good reason we recommend Dash deposits is the lack of deposit fees associated with this method. No really, it’s true. Chalk it up to the lack of regulation on cryptocurrencies in general, but none of the Dash friendly sportsbooks we recommend, BetOnline, SportsBetting and BetDSI among them, assess any Dash deposit fees of any kind. Perhaps best of all, there are no plans of ever doing so, nor would there ever be a conceivable reason for the sportbooks’ financial offices to plan anything like that, as it doesn’t cost anything for the sportsbook to convert whatever Dash they have on hand to another altcoin except a potential loss (or maybe even a gain) on the crypto exchange itself.
One of the last things we like to mention when it comes to Dash deposits are the Dash deposit bonuses at online sportsbooks like BetDSI, BetOnline and SportsBetting. These sites accept Dash when not a lot of others do, so it’s good that they take care of their customers with plenty of solid promotional and bonus offers to keep you betting on the sportsbook’s dime – a particularly beneficial strategy if you aren’t looking to cash out in the short term. BetDSI offers a 50 percent cash match on all cryptocurrency deposits up to $2,500 (and that bonus code works per day and is also stackable with other bonuses like the account open bonus). BetOnline and SportsBetting have the same bonus structure as each other, and they offer their customers repeat promos of 100 percent cash matches on deposits up to $1,000 (strictly for crypto depositors). Each sportsbook will have some different rules about how to activate their respective codes, so be sure to check out the FAQs or the help section at the ‘book of your choice before you get too deep in the weeds.
Like we have mentioned several times throughout this guide, there are only a few sportsbooks that accept Dash deposits. Fortunately, these sites are also some of the leading examples of what a solid, reputable offshore sportsbook should be, so if you decide to go with BetDSI, BetOnline or SportsBetting you’ll be getting involved with a decent company. These sites offer plenty of wagering options on all the sports Americans love to bet on, as well as the aforementioned benefits of having dozens of options when it comes to bankrolling your account. You’d be hard pressed to do better than these leading legal sports betting sites if you want to make Dash deposits.
Best Odds On More Sports Than Other Dash Sportsbooks
BetOnline has the best odds on more sports than other Dash sportsbooks, and that is what sets this Antigua-based betting shop apart from its erstwhile competitors in the ultra competitive online sports betting site scene. Seriously, BetOnline, which has been around since 2001, has long since established itself as a mecca for serious sports betting, and it has stayed on the cutting edge of technology trends at the same time. Given the high degree of crossover between sports betting enthusiasts and the cryptocurrency speculator realm, it makes sense that BetOnline and its sister site SportsBetting would be among the small number of 100 percent legal online betting platforms to accept altcoins like Dash for deposits. When you combine the vast array of betting lines and unparalleled fairness of the individual odds on almost every conceivable sporting event with the multitude of deposit options, the choice becomes a lot clearer for the would be better. Stick to sites that accept Dash deposits and you can’t go wrong, particularly if BetOnline is the one you go with.