Crypto sports betting is on a trajectory of overtaking the lion's share of online gaming's volume in the next decade. So if you're still sleeping on it, now is the time to wake up! There are many benefits to using XRP as your main betting token ranging from easy swap to the world's largest currencies to the odds & anonymity, which we will talk about in just a moment. If you're interested to know more, then find the top 5 reasons for sports betting with Ripple in 2023 down below!
5. XRP is Easy to Convert to Cash
Exchanging your local currency for crypto or vice versa should not be difficult. However, that is often the case for many smaller coins. The story with Ripple is much different, though. As far as research and development capitals go, Ripple has some of the biggest banks behind it. And with a nearly $23 billion Market Cap, it is already ranked in the top 10 of the most valued coins on the face of the Earth, according to CoinMarketCap. Such big popularity makes XRP easy to convert to cash, which we believe to be the main reason why you should use it for sports betting in 2023. Thanks to Ripple being listed on the largest centralized, as well as DEX's, you'll have an easy time buying or selling it.
4. Ripple Sportsbooks Offer Better Odds
Let's continue with one of our favorite of the top 5 reasons for sports betting with Ripple in 2023. All sports bettors know that the bigger the odds, the bigger their returns. And yet, many stick to playing old FIAT-based bookies that juice up the markets to ridiculous highs. You'd think they be smoking that top-shelf bud after seeing the rates on your prime-time events. But thanks to the crypto betting scene, not all hope is lost. Many of the Ripple sportsbooks offer better odds than your local bookmakers, and we know how to find them!
3. Ripple Sports Betting is Anonymous
Stolen credit card information, identity theft, and all other shenanigans that accompany the online gaming sector are way less likely to affect you in the crypto betting space. Mainly due to Ripple sports betting being anonymous and you controlling your coins. Blockchain's top sportsbooks won't ask you to send in documents, which reduces the chances of a third party leaking them or hackers breaching them straight from the database. So you know the safety is bigger when you use cryptocurrencies to power your action. The above makes it one of our top 5 reasons for sports betting with Ripple in 2023.
2. Instant Processing & Penny Fees
There are more reasons to come, like instant processing & penny fees of Ripple's blockchain. This network is easily the fastest with near-instant processing as soon as you initiate your transaction. And they don't charge you an arm-and-a-leg to deliver it. Most of the transactions require no more than a pennyworth of XRP to be sent anywhere you'd like it to in seconds. That makes Ripple the ideal coin for those last-minute bets you need to place. And you not having to pay a big fee to deposit or withdraw, you keep more of your coins for your bets and profits!
1. XRP's Mission To Become The #1 Cross-Border Payments Cryptocurrency Signals Appreciation
Getting in while the crypto is cheap is the recipe for success. Especially if that coin has some real-world use case, like Ripple. Its mission is to become the #1 cross-border payment medium. That would mean most of the world's capital getting moved via XRP, which in return means a huge market cap! So you know it's a good time to start sports betting for it to win yourself a pile while the price is still below a dollar! Now that you've heard the top 5 reasons for sports betting with Ripple in 2023, it's your chance to learn about the best sportsbooks with the help of our detailed reviews!