There are many pros to use crypto and Bitcoin sportsbooks while sports betting instead of using cash.
But, there are coins to sports betting with Bitcoin sportsbooks as well:
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Yes, in most states sports betting winnings are taxed. Check your tax rates and laws relevant for your state or country.
Crypto sports betting is legal in the following states: Arizona, Arkansas, Colorado, Connecticut, Illinois, Indiana, Iowa, Louisiana, Maryland, Michigan, Montana, Nevada, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, Virginia, Washington DC, and West Virginia.
Florida, Maine, Nebraska, and Ohio are currently pending legalization on making crypto sports betting legal.
The best wallet for Bitcoin is a hardware wallet from Ledger.
The right Bitcoin sportsbook must allow you to play there legally. After that, it’s a matter of choosing one that meets your needs: do they allow deposits and withdrawals in the crypto you prefer? Do they have the bonuses and VIP levels to keep you playing? Are there withdrawal limits within your needs?