ApeCoin Sportsbooks
Due to ApeCoin seeing massive growth in a short period, many online sportsbooks that take ApeCoin have also gained traction. Starting from the Bored Ape Yacht Club NFT craze, ApeCoin is a trusted digital currency that can be purchased from most crypto exchange platforms and is a good addition to any crypto wallet and online sportsbook account. ApeCoin is also associated with Ethereum, as one of the tokens, showing its credibility in the world of crypto, and making online sportsbooks with the method secure.
Although Bovada does not accept APE directly, they do offer the most common and well-known cryptos like Bitcoin, Ethereum, Litecoin, and others. If ApeCoin is already owned but Bovada does not accept the currency, it is extremely easy to trade for Bitcoin and receive 24-hour withdrawals through the online sportsbook. This transfer time is extremely competitive for the market, ensuring that bettors from any state do not have to worry about getting paid out quickly. These quick withdrawals are also 100% secure which is one of the reasons that Bovada has become one of the leading online sportsbooks in the industry.
When it comes to betting with cryptocurrency, BetOnline is one of the best online books, with an extensive list of accepted crypto that includes APE. There are zero fees for making any deposits or requesting payouts when using APE as the payment method. However, most crypto exchange platforms do charge small fees for purchasing the ApeCoin in the first place. By removing fees on their end, BetOnline helps bettors put as much skin in the game as possible. Most online books charge 7.5% minimum fees for credit/debit card transactions.
Whether wanting to place a small wager on NFL Sunday or requesting a massive payout from a future wager that was placed on the NBA Finals, SportsBetting has low minimums and high maximums for APE transactions. This online sportsbook offers limits that are competitive in the sports betting market, allowing deposits as low as $20 and payouts as high as $100,000 for all ApeCoin payments. These limits are enforced weekly, allowing plenty of betting action every single Sunday.
Step By Step Guide To Betting On Sports With ApeCoin
One of the best things about APE is all of the many exchange platforms that sell the cryptocurrency. For anyone using crypto as their preferred sportsbook deposit method for the first time, the steps below can be followed with ease.
- Go to Coinbase (or any other preferred crypto exchange platform).
- Go to ApeCoin and type in the desired purchase amount.
- Create an account with the online sportsbook.
- On any online sportsbook, there is a banking page and this is where the address can be copied for where to send the ApeCoin to.
- After copying the address from the sportsbook, it can be pasted in the “send” section of the exchange platform.
- This transaction will take less than 48 hours to process and the APE will be ready to use for placing wagers through the online sportsbook.
Depositing Into An APE Sportsbook
Most of the sportsbook reviews of the sports betting sites that accept ApeCoin for funding that we write have bankroll limits on how much can be deposited into the account. Depending on how much is being deposited into a sportsbook, there are a few online books to choose from. Since Bovada does not accept APE directly, a crypto trade will have to occur before any deposits can be made.
Apple Pay Deposits
| Sportsbook | Crypto | Min Deposit | Max Deposit |
|---|---|---|---|
| Bovada | Ethereum (through APE trade) | $10 | $5,000 |
| SportsBetting | ApeCoin | $20 | $100,000 |
| BetOnline | ApeCoin | $20 | $100,000 |
ApeCoin Sports Betting Bonuses
Online sportsbooks tend to have rewards for depositing with crypto, by offering big sportsbook deposit bonuses. These promos typically exist for first-time users of crypto or ApeCoin bettors who deposit with crypto regularly. No matter the case, these bonuses can be accepted by bettors using ApeCoin as their deposit method.
ApeCoin Deposit Bonuses
| Sportsbook | Bonus | Code | Bonus Max | Min Deposit | Rollover |
|---|---|---|---|---|---|
| Bovada | Bitcoin Welcome | BTCSWB750 | $750 | n/a | 5X |
| BetOnline | 100% Crypto Welcome | CRYPTO100 | $1,000 | $20 | 14x |
| SportsBetting | 35% Crypto Reload | 35CRYPTO | $350 | $20 | 8x |
Can I Get Sportsbooks Winnings Paid Out In ApeCoin?
ApeCoin is one of the fastest sportsbook payout methods on several online sportsbooks, but there are some that may present issues to you when using APE. Generally, APE withdrawals do not have fees added to them, and they are also generally among the fastest withdrawal methods, processing instantly, with buffer periods of up to 48 hours allowed by the sportsbooks. APE is a great withdrawal method for online sports betting.
Sportsbook Payouts With APE
- Bovada – Bovada does not offer APE payouts, but you can get your payout in a different crypto and convert it to APE if you wish. Bovada’s crypto withdrawal minimums are $10, and their withdrawal maximums are $9,500.
- BetOnline – BetOnline offers APE withdrawals with a $20 minimum and a $100,000 maximum. They have other cryptos on offer as well, if you’d like to experiment with other types of cryptocurrency such as MATIC.
- SportsBetting – You can easily withdraw via APE when you use SportsBetting.ag. They have a $20 minimum APE withdrawal, and their maximum APE withdrawal goes as high as $100,000.
Can I Deposit ApeCoin But Withdraw In A Different Crypto?
Although most sportsbooks will offer crypto withdrawals for the payment method that was used to deposit, that is not definitively the case. Also, if a bettor deposited and bet on sports with ApeCoin, but wanted to be paid out in Bitcoin, most online sportsbooks will have no issue processing the withdrawal through the users preferred currency. Online sportsbooks like BetOnline and SportsBetting will accept Bitcoin payout requests, no matter the crypto that was used to deposit.
Best Exchanges To Transfer ApeCoin Into A Sportsbook Account
One of the best ways to know if the exchange is secure is when they accept US credit/debit cards as payment and are regulated in the US. If a bettor does not want to send the purchased ApeCoin directly to an online sportsbook, it can also be beneficial to have a personal crypto wallet created for sending any funds. It is also important to note that many crypto exchanges can also be used as secure wallets, and can be used to trade, purchase, send and sell different cryptocurrencies.
Best Crypto Exchanges
- Coinbase
- Kraken
- FTX
- crypto.com
- clockchain.com
- etoro
Best Crypto Wallets
- Electrum
- Mycelium
- Exodus
- MetaMask
ApeCoin vs. Other Crypto vs. Wire Transfers
ApeCoin is a reasonable method of deposit, but it has some limitations. While it does qualify you for extra bonuses at BetOnline, it is not directly accepted by Bovada and MyBookie. However, it’s a better method of deposit than Wire Transfers and other traditional financial methods in the sense that it is cheaper and faster than they are.
| ApeCoin | Bitcoin | Wire Transfer | Credit Cards | |
|---|---|---|---|---|
| Accepted At Bovada | No | Yes | Yes | Yes |
| Bigger Bonuses | Yes | Yes | No | No |
| Faster Deposits + Withdrawals | Yes | Yes | No | No |
| No Fees | Yes | Yes | No | No |
Pros And Cons For Using ApeCoin To Bet On Sports
Pros For Using APE
- No deposit/withdrawal fees
- Same-day processing times
- Secure currencies
- Easy to buy/trade/exchange/hold
Cons For Using APE
- Not directly accepted by all online sportsbooks
- Small purchasing fees from exchange platforms