If you’re planning to go forward with BTC sports betting, the last step is to open an account at an exchange. If you’re in North America, you have a number of options but we like Coinbase. It’s a very safe, stable company and they’ve been in this business since 2012. They made over a billion in revenue in 2017 and process transactions and storage in 190 countries. Whether you use Coinbase or anyone else, what you’ll have to do is open an account with an exchange. It’s comparable to opening up a PayPal account: you’ll open your account, verify your identity and link it to a bank account. Once that’s done, transfer some money in and then you can buy some Bitcoin at whatever the current price is. Once you’ve acquired some Bitcoin, you can then send it to any address. It’s important to be very specific with the address – you can’t make any mistakes. One small typo could send the address to the wrong place and you can’t reverse a transaction, so make sure you double-check. Typically, a crypto sportsbook will provide the exact address, so just copy-paste it as to avoid any errors. To receive Bitcoin, check your account profile (on your exchange) to get your address. Again, copy-paste that address when you’re giving it to the bitcoin betting websites and make sure to be exact. Once they have that, they’ll be able to send money directly to you. There was a time when people didn’t quite understand what PayPal was and not too long ago, many were worried about buying things online. Now it’s hard to believe what life was like without it. That’s kind of the same path that Bitcoin is taking and while it’s still early in its infancy, cryptocurrencies are here to stay. There’s a small learning curve when you get started but after you’ve made one or two transactions, you’ll be quite comfortable with it and you’ll probably avoid using credit cards, bank transfers or any other banking methods to get money in and out of the sportsbook going forward.