There has been much speculation about whether or not Bovada, one of the leading online sportsbooks in the United States, will accept Bitcoin as payment.
As of this writing, Bovada has not announced whether or not it will start accepting Bitcoin as a form of payment. However, given the increasing popularity of Bitcoin and other digital currencies, it is likely that Bovada will at least consider accepting Bitcoin in the future.
Regardless of whether or not Bovada accepts Bitcoin as a payment method, anyone interested in using Bitcoin to bet on sports should keep in mind a few important points. First, Bitcoin transactions are irreversible and often take a longer amount of time than traditional payments methods to complete.
Second, because Bitcoin is not regulated by any government entity, users should be aware of the risks associated with using it to gamble online. Finally, because Bitcoin is a relatively new technology, there may still be some kinks that need to be worked out before it can be used as a preferred method of gambling online.
