Ripple Betting Sites

The Best Ripple Betting Sites to Join Today

Before we go deeper into our guide, we have good news for you if you are here to find betting sites that accept Ripple. Feel free to sign up for an online betting account with any of the bookmakers listed here to start betting with Ripple. Our listings feature Ripple sports betting sites with mouth-watering betting bonuses and massive odds to give you a chance to enjoy bigger wins.

Guide to Ripple Betting

Serious online sports punters don't just jump into any Ripple gambling site because the bonuses and odds look great. Given that betting with cryptocurrency is a relatively new form of gambling, sports bettors using Ripple and other cryptocurrencies need to choose carefully. If you are new to crypto betting with Ripple, Betpack.com is here to assist you in the best way possible.

This site is run by some of the best minds in the online sports betting industry. Our experts have many years of experience as sports punters and thus know a lot about sports betting with various payment methods, including cryptocurrency. Therefore, you can be sure that our Ripple betting guide is based on thorough research conducted by knowledgeable sports bettors.

What is Ripple (XRP) and How Does it Work?

For someone who doesn't know what Ripple or XRP is, it's crucial to get the basics before using the cryptocurrency at sportsbook betting sites. First, it's important to understand that Ripple and XRP are often used interchangeably to refer to the cryptocurrency itself. Many people know Ripple as some kind of cryptocurrency.

The truth of the matter is that Ripple is a real-time peer-to-peer exchange system that uses XRP as a cryptocurrency and an open-source network to facilitate worldwide money transfers. This payment method caters to individual users, banks, payment providers and digital asset exchanges.

Founded by Chris Larsen and Jed McCaleb in San Francisco in 2012, Ripple offers the same benefits associated with other cryptocurrencies. For instance, XRP offers better security and faster transactions than traditional currencies. But unlike many other cryptos, Ripple is controlled by one company even though several prominent banking institutions still back it. While popular cryptocurrencies like Bitcoin are obtained through mining, XRP is released into the market by the company that controls it.

Ripple Still Uses Blockchain Technology, But Not for Consensus

Despite the notable differences between Ripple and other digital currency options, the Ripple payment system is still based on blockchain technology. A blockchain is a ledger that records all cryptocurrency transactions and allows users to view and access information.

However, we should mention that Ripple does not use blockchain to offer consensus, unlike BTC. The Ripple network validates transactions using a distributed consensus system where trusted nodes are selected to verify a transaction through a poll.

What You Need to Deposit into Your Sportsbook Account Using Ripple

If you already have a crypto wallet that accepts Ripple, you can join XRP casinos or sportsbooks and start betting right now. In case you don't have a wallet, you need to obtain one. But you first have to sign up for an account with a cryptocurrency exchange to be allowed to buy XRP and access currency exchange. You can then choose your preferred currency pair after registration.

Some of the best Ripple exchange and trading platforms include Coinbase Pro, Gemini, Poloniex, Kraken and Binance. And some of the most popular wallets for storing Ripple cryptocurrency include Mycelium, Exodus, Atomic Wallet and Crypterium.

How to Deposit to Your Betting Account with XRP

Are you ready for real money gambling with Ripple deposits? Well, you could be gambling with XRP in the next few minutes if you follow the necessary steps. We have summarised everything into four major steps to help you start gambling with funds from your Ripple wallet.

Find a Ripple Exchange and Wallet – The first step is to find a cryptocurrency exchange that supports Ripple and purchase XRP cryptocurrency. Then you need a crypto wallet to store your funds once you purchase them from your preferred currency exchange.

Join a Sportsbook that Accepts Ripple – Several sports gambling sites will let you use XRP for online gambling. Check our list of Ripple betting sites on this page and join one with a good rating. Remember that you need to create an online betting account to get started.

Deposit with XRP and Claim a Bonus – Find the page with payment options and choose Ripple as your deposit method. Enter the deposit amount, scan the QR code and provide your unique crypto wallet address. Be sure to claim the welcome bonus to get your first deposit bonus funds.

Bet Using Your XRP Deposit – Search the sportsbook website for the sports you want to bet on. Our sportsbooks offer betting options in virtually all popular markets, so you can expect to find the sports you are interested in. Now, wait and see if your prediction is winning.

Withdrawing Funds from Ripple Betting Sites

Much like Bitcoin, Dogecoin, Ethereum and other cryptocurrencies, XRP offers an incredible sportsbook and casino experience by allowing players to deposit and withdraw. Let's say you've deposited funds into your online gambling account with Ripple or played some online casino games and won a big sum. With Ripple, you can still use the same cryptocurrency for withdrawals.

To cash out using Ripple, all you have to do is go back to the payment options page and choose XRP as your withdrawal method. Next, enter the amount of money you wish to withdraw from your sportsbook account and enter your external wallet address code. The fantastic thing about XRP withdrawal transactions is that they are quite fast.

Pros & Cons of Using Ripple at Online Gambling Sites

Ripple casinos and sports gambling sites present numerous benefits that make people want to bet using XRP. Notably, Ripple gambling sites mostly offer the same advantages you would get from bookmakers or online casinos that accept cryptocurrencies. But there are also some notable drawbacks to keep in mind if you decide to gamble online using XRP. Take a look at our table above and decide whether it suits your taste or not.