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For this year's FIFA World Cup, the best way to place bets online from Sweet Home Alabama will be with bitcoin using a cryptocurrency wallet that can be linked to one's banking account. In May 2018, the U.S. Supreme Court ruled that individual states can offer legalized sports betting but must first develop regulatory instruments before doing so. For now, a few dozen of internationally licensed sportsbooks will accept wagers on this year's World Cup.
*Bookmaker Welcomes Players From Around the World - Most Crypto-Currencies Welcome
WILL ALABAMA WELCOME SPORTS BETTING?
While gambling devices are banned by the state, and by default this would typically mean no casinos, the Poarch Band of Creek Indians legally operates three casinos in the state. Tribes have said they would like to get in on the sports betting bandwagon.
Overall though, Alabama is seen as one of the least likely states to offer legalized sports betting at the onset. The very colleges that have made Alabama a juggernaut in the world of College Basketball are already expressing concern over the prospects of legalization, more so as it pertains to neighboring Mississippi likelihood of becoming one of the first states to offer sports wagering in the deep south.
Needless-to-say, Alabama gamblers will need to rely on international websites to place all their World Cup bets.
HOW TO USE BITCOIN AND OTHER CRYPTOCURRENCIES FOR BETTING THE FIFA WORLD CUP
The online betting site will simply have you send them the special address/token obtained from the Bitcoin wallet or exchange.
You would select either SEND (to deposit funds) or RECEIVE (to withdraw funds).
Some exchanges allow customers to link directly with their bank accounts or PayPal. The Bitcoin can be converted into the currency of your choice then transferred into your account in as little as 24 hours.
You will want to verify all your information (including personal identification) with the exchange prior to sending and receiving funds. Typically they will suggest setting up an authenticator on your mobile device for added security.
- Aaron Goldstein, Gambling911.com
