Ripple Gambling Sites – How To Use Ripple At Prepaid Gambling Sites

Ripple logoRipple is a real-time gross settlement system, currency exchange, and money transfer service. Ripple Labs Inc. released their platform to the public in 2012 as an open source protocol. Since its release Ripple has grown into one of the most popular cryptocurrencies on the market just behind Bitcoin, Litecoin, Dash, and Ethereum.

Ripple has carved a name for itself as a trustworthy brand by lending their services to financial institutions and multiple banks. Ripple is often used by financial institutions and banks to settle cross-border payments in real time. Over time Ripple became a valuable service not just to financial peddlers but also to the general public.

Top Ripple Gambling Sites

Below are the top picks for Ripple gambling sites that are licensed and in compliance with their federal gaming regulators. The table below provides easy access to the site and lists each brand’s Welcome bonus option. Our team has checked each of the following sites for trustworthiness, fairness, and security. Click the links below to see what other offers might be available in your area.

Casinos That Accept Ripple

Site Name Bonus Rating USA Friendly Visit Site
BetOnline Logo $3,000 Bonus 5stars usafriendly Visit Site
Sports Betting Logo $3,000 Bonus 5stars usafriendly Visit Site

Sportsbooks That Accept Ripple

Site Name Bonus Rating USA Friendly Visit Site
Betonline Logo $1,000 Bonus 5stars usafriendly Visit Site
Sportsbetingag Logo $1,000 Bonus 5stars usafriendly Visit Site

Poker Sites That Accept Ripple

Site Name Bonus Rating USA Friendly Visit Site
Betonline Logo $1,000 Bonus 5stars usafriendly Visit Site
Sportsbetting Logo $1,000 Bonus 5stars usafriendly Visit Site

How Does Ripple Work?

Ripple works by supplying a distributed open source protocol that supports digital coins representing units of value. Ripple XRP is commonly used to make instant, certain, and low-cost international payments.

How to Deposit Ripple’s XRP at Online Gambling Sites

To deposit using Ripple’s XRP you will have to first find a site that accepts the cryptocurrency. Luckily for you, the table of online casinos, poker sites, and sportsbooks listed above all accept XRP.

Verified account holders will be able to fund their account by navigating to the cashiers’ page. Users can then select the cryptocurrency option and fund their online account with XRP regardless of their location, or local currency.

How to Receive Payouts with Ripple XRP at Online Gambling Sites

To withdraw an online account in cryptocurrency there are a few steps to follow. The following steps are how Bovada explains cashing out in crypto. Most online sportsbooks have similar e-commerce banking options.

  • In your Digital Wallet, choose the cryptocurrency you’re looking to withdraw and click ‘Receive’.
  • Copy your wallet address from your Digital Wallet.
  • At Bovada, paste your wallet address under ‘Your Wallet Address’ and enter the USD amount you want to withdraw.
  • Once your withdrawal request has been cleared by our Withdrawals Team, which usually takes place within 24-48 hours, it will be in your Digital Wallet in approximately 15 minutes.

Benefits of Using Ripple for Online Gambling

Our experts have pointed out several benefits to using Ripple’s XRP online to fund a gambling site. Below you will see the list of advantages and a brief explanation to why we believe XRP is beneficial and easily one of the most efficient prepaid gambling options.

  • Super fast transactions – Ripple’s XRP is the fastest processing crypto available. For online purchases or bankroll funding XRP will transfer within 1-4 seconds.
  • Anominity – Depositing using XRP is beneficial for players not looking to share their bank account information or other financial information.
  • Alternate Currency – XRP can be bought with any form of currency and then used online to fund an online sportsbook.

Drawbacks of Using Ripple for Online Gambling

There are a couple of drawbacks to using XRP to fund an online gambling account. Our experts say that the benefits far out weight the drawbacks, but here are some reasons some bettors stay away from cryptocurrencies.

  • Not backed by a Government agency
  • Value of XRP could drop

FAQs

Is It Legal for US Residents to Use Ripple to Deposit Funds at Offshore Gambling Site?

Yes, there are no US gambling laws that prevent residents from betting online or using cryptocurrencies. Ripple can be bought and used all around the world barring specific country cryptocurrency laws.

Is it Legal for International Players to Use Ripple?

Yes. Ripple is a valuable currency conversion tool for international players and a great way to fund an online account with any type of local currency. Ripple is in our opinion the best cryptocurrency option for international players.

How Do I Buy XRP?

XRP can easily be purchased online through licensed coin exchanges. Below we have listed the most convenient websites to buy XRP.

What Do I Need to Know Before Using Ripple for Legal Offshore Gambling?

Our team found that using Ripple is beneficial to players looking to prepay their accounts. It is also one of the best options for offshore players not using the US dollar.

  1. Ripple’s value on the open market will fluctuate.
  2. XRP has the fastest processing times.

Can I Make Withdrawals from Offshore Gambling Sites Using Ripple?

Yes. Some online casinos will let you withdraw Ripple. Ripple is still not a common withdrawal method, but most online casinos that accept XRP will also let you withdraw XRP.

Is It Safe to Use Ripple for Funding Offshore Gambling Entertainment?

Yes, using Ripple online is safe and what it was created for. Offshore gambling sites take drastic measure to make sure your personal information is secure. To protect their reputation offshore casinos will frequently use SSL encryption techniques to transfer information between their client and their server.

When was Ripple Launched?

Ripple was created by Jed McCaleb, and developed by Arthur Britto and David Schwartz. The Ripple platform was released to the public in 2012.