There isn’t a long handling time, no signing for a check when it comes in the mail, and no lull between making a deposit into a sportsbook and having funds available to wager. Whether starting an account or getting a payout, Bitcoin is to banking at sportsbooks, as Venmo is to a night out with friends. In the same way that you may have an account where you can buy and sell stocks or engage in online banking, there are lots of reputable digital wallets available. You sign up for a free account and use it to buy, sell, or hold whatever currency you like. This is where you can convert Bitcoin to dollars or vice versa and move money from one institution (bank, credit card, currency) to another. If you get a last-minute tip on a game and want to put serious cash into it, moving money around using credit cards or wires takes time and can be capped.
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