The word Bitcoin may sound intimidating at first, but once you get the hang of using Bitcoin, you will find that it is much easier, much cheaper, and more reliable than any other deposit/withdrawal method we offer. Today, over 90% of our customers use Bitcoin for funding their Odds.ag accounts and for receiving withdrawals, and if they can do it, so can you!
Just think of Bitcoin as an Internet currency. Bitcoin is traded on Bitcoin exchanges just like US dollars or British pounds sterling or Japanese yens are traded on the Forex currency exchanges around the world. You can buy and sell Bitcoin just like you can buy and sell other currencies.
In simple terms, you buy Bitcoin and send it to us. Then, we turn Bitcoin into your currency and fund your Odds.ag account. When you request a withdrawal, we send you Bitcoin and then you turn it into your currency that goes into your bank account or that you can withdraw as cash from a Bitcoin ATM near you.
Yes, it is that simple! That is why a majority of our customers use Bitcoin for deposits and withdrawals.
Have more questions about Bitcoin? Contact our Bitcoin team at 1 800-737-0796
The short answer is that the way we suggest you use Bitcoin is one of the safest and secure ways to use Bitcoin.
In reality, just like cash or your credit card, Bitcoin can be stolen. However, just like carrying cash or using credit cards, if you follow a few simple security guidelines, you should be able to use Bitcoin without any issues!
Always make sure you double-check the address where you are sending or receiving your Bitcoin before completing the transaction. Just like cash, once you send someone Bitcoin, it is gone - and there is usually no way to get it back unless the person who received it agrees to send it back to you.
The fact is that Bitcoin is just as safe and secure as cash and credit cards when you follow the proper security precautions.
Have more questions about Bitcoin? Contact our Bitcoin team at 1 800-737-0796
Depositing with Bitcoin is fast, easy and simple - just remember that the first time takes a little longer to get set-up. Once you are set-up, the process is more streamlined. If you need any help, you can always contact our Bitcoin team at 1 800-737-0796 to assist you in completing the process.
You will open an account at a Bitcoin exchange, which is commonly referred to as your Bitcoin “wallet” - if you have ever used PayPal, it is like funding your PayPal account in order to send and receive payments. Our recommended Bitcoin exchanges are listed below in Step 1.
Sign-up and open an account with a Bitcoin exchange. A Bitcoin exchange allows you to buy and sell Bitcoin and to send and receive Bitcoin. You deposit funds into your Bitcoin exchange account in order to buy Bitcoin. Your Bitcoin exchange account is also referred to as your “Bitcoin wallet”.
Most Bitcoin wallets will allow you to use a credit card or debit card to buy Bitcoin, or you can link your bank account(s) to your Bitcoin wallet in order to buy Bitcoin using your checking account. Credit/debit cards usually fund your Bitcoin wallet within minutes; funding your Bitcoin wallet with your bank account typically takes 2-3 business days
Please note that deposit limits for your Bitcoin wallet start low and rise as you make more deposits into your Bitcoin wallet over time.
Recommended Bitcoin Exchanges:
Once you have received your Bitcoin in your wallet, simply send them to Odds.ag to fund your betting account.
*NOTE: We strongly recommend that you copy and paste the bitcoin address to avoid typing mistakes. Do not try to type the address by hand. Use the copy and paste feature provided just to the right of the bitcoin address. If you make a mistake with the address, it is possible to send the Bitcoin to the wrong person and once you send Bitcoin, it is gone.
*IMPORTANT: Always go to the Odds.ag cashier to get a new Bitcoin address
when sending Bitcoin.
Never use the same address more than once!
Once you have copied the Odds.ag address where you will send your Bitcoin, go back to your Bitcoin wallet and click on the link to send Bitcoin.
PASTE the Odds.ag Bitcoin address into the recipient address field. Make sure the amount you are sending matches what you put into the Odds.ag cashier. Click send Bitcoin and complete the sending process.
Once you have sent the Bitcoin, it typically takes between 10-20 minutes until the funds are credited into your Odds.ag account
Need help? Contact our Bitcoin team at 1 800-737-0796
Just like cash and credit cards, you must take certain precautions to ensure that your Bitcoin wallet is safe and secure. It is your responsibility to adopt best practices in order to protect your money. Here are a few advanced security guidelines that we recommend. Have more questions about Bitcoin? Contact our Bitcoin team at 1 800-737-0796
It is recommended that you use an intermediary Bitcoin wallet when receiving payouts from your Odds.ag account in order to mask your transactions for greater privacy of your financial transactions.
An intermediary Bitcoin wallet is not connected to your bank accounts and is a confidential and private Bitcoin wallet where you send your payouts BEFORE you transfer your Bitcoin to a wallet that is connected to your bank accounts.
Even though Bitcoin transactions are anonymous, the Bitcoin blockchain is open to the public to review, and it is possible to track transactions and guess the purpose of the transactions. In order to help keep your Bitcoin transactions private and confidential, we recommend that you request your Bitcoin payouts to be sent to your intermediary Bitcoin wallet FIRST. Then SECOND, you can send the Bitcoin to the Bitcoin wallet that is connected to your bank accounts in order to change your Bitcoin to your local currency.
