Top Sportsbooks That Take MATIC
There are two sportsbooks – both among the top sportsbooks in the US – that take MATIC. These online sportsbooks are BetOnline and SportsBetting. In addition, Bovada will accept other cryptocurrency options that you can use MATIC to purchase at many cryptocurrency trading websites, such as Kraken and Coinbase.
BetOnline is heavily focused on crypto, and as such was the first sportsbook to start accepting the MATIC token. They made this announcement in April 2022, and they have stuck by it ever since. MATIC is a good token to use at BetOnline thanks to its support of staking as well as its access to BetOnline’s best bonuses, which are reserved for cryptocurrencies like MATIC.
SportsBetting, BetOnline’s sister site, is a great sportsbook to use MATIC at, and is one of very few sportsbooks that will accept MATIC with no issues whatsoever. In fact, only BetOnline and SportsBetting will take MATIC straight up, with other sportsbooks, such as Bovada, asking you to turn it into a different currency first. SportsBetting has the same incentive structure as BetOnline, so MATIC users can get bigger bonuses when they bet at SportsBetting.
Bovada is an outstanding sportsbook but it does come with the downside of not accepting MATIC outright. Bovada’s system of payments accepts several other cryptocurrencies – with founder Calvin Ayre a professed evangelist for Bitcoin SV – but MATIC is not among them. This means you’ll have to use a crypto exchange in order to get your MATIC onto Bovada, but the rewards are worth it, as Bovada is the most popular sportsbook in the US for a reason.
Step By Step Guide To Betting On Sports With MATIC
- Purchase MATIC on a crypto exchange
- Create your crypto wallet via either hardware or software
- Send the MATIC you purchased on the exchange to your wallet
- Go to your chosen sportsbook and select deposit
- Choose MATIC as your deposit method, and input the amount you wish to deposit
- Select whatever bonuses you wish to apply to this deposit – many are based on matching percentages
- Set your wallet address as the wallet to take the MATIC from, and the wallet address they give you as where the MATIC should go
- You’re all set! Start betting!
Depositing Into A MATIC Sportsbook
MATIC sportsbook deposits are easy, with only a few things to worry about. Since all the sportsbooks that accept Matic do so without fees, you don’t need to trouble yourself with those. You only have to worry about minimum and maximum deposits, as well as time frames. After that, it’s time to look at bonuses.
MATIC Sports Betting Deposit Info
| Sportsbook | Min. Deposit | Max. Deposit | Time Frame |
|---|---|---|---|
| BetOnline | $20 | $100,000 | 0-2 Hours |
| SportsBetting | $20 | $100,000 | 0-2 Hours |
MATIC Sports Betting Bonuses
Sports betting bonuses with MATIC are actually quite similar at both BetOnline and SportsBetting. The sister sites offer the same bonuses for use of MATIC as they do for other cryptos, and neither is better than the other. Below you can see both BetOnline’s MATIC bonuses and SportsBetting’s MATIC bonuses, and you can also see that they are functionally identical in terms of value, rollover and matching percentage.
BetOnline MATIC Bonuses
| Sportsbook | Code | Bonus | % | Rollover |
|---|---|---|---|---|
| BetOnline | CRYPTO35 | Crypto Reload Bonus | 35% | 8 |
| BetOnline | CRYPTO100 | 1st Time Crypto Bonus | 100% | 14 |
BetOnline MATIC Bonuses
| Sportsbook | Code | Bonus | % | Rollover |
|---|---|---|---|---|
| SportsBetting | 35CRYPTO | Crypto Reload Bonus | 35% | 8 |
| SportsBetting | 100CRYPTO | 1st Time Crypto Bonus | 100% | 14 |
Can I Get Sportsbook Winnings Paid Out In MATIC?
MATIC is available as a withdrawal method at both SportsBetting and BetOnline, and other sportsbooks, like Bovada, offer crypto withdrawals that can then be exchanged for MATIC on a crypto exchange. In the interest of focus, you can find a chart below containing relevant information on MATIC withdrawals at BetOnline and SportsBetting. Note that no fees are applied to crypto withdrawals at these websites.
MATIC Sports Betting Withdrawal Info
| Sportsbook | Min. Withdrawal | Max. Withdrawal | Fees? | Time Frame |
|---|---|---|---|---|
| BetOnline | $20 | $100,000.00 | No | Up To 48 Hours |
| SportsBetting | $20 | $100,000.00 | No | Up To 48 Hours |
Can I Deposit MATIC But Withdraw In A Different Crypto?
Generally speaking, sportsbooks want you to deposit in the cryptocurrency you plan to withdraw in. There are exceptions, of course, and some sportsbooks simply want you to deposit in crypto when you plan to withdraw in crypto. That one is a hard line – crypto sportsbooks will not let you withdraw in crypto if you did not deposit in crypto.
Popular Cryptocurrencies For Sports Betting
Best Exchanges To Transfer MATIC Into A Sportsbook Account
- Kraken
- Binance
- CoinBase
- KuCoin
- Uphold
Most Popular Wallets For MATIC
- Ledger Nano X
- D’Cent
- Exodus
- TrustWallet
Pros And Cons For Using MATIC To Bet On Sports
Pros Of Using MATIC For Sports Betting
- One of the fastest cryptocurrencies
- Triggers solid crypto bonuses at many sportsbooks
- Available on many top exchanges
- Works with many top wallets
Cons Of Using MATIC For Sports Betting
- Limited sportsbook acceptance
- Some sportsbooks make you use other cryptos instead
- There have been rumblings of a shift in price coming recently
Are Online Sportsbooks That Accept MATIC Legal?
Online sportsbooks that accept MATIC are 100% legal across America. Only a few states explicitly ban sports betting, and even in those states, enforcement regarding online betting is extremely lax. We know of nobody who has ever been arrested, let alone charged, for using MATIC to bet on sports.