Dogecoin may have started out as an Internet gag in 2013, but over the last couple of years, the cryptocurrency has taken off in a big way. While it’s still not the big dog (as Bitcoin still has that distinction), it’s no longer a young pup, either. That’s why many of the best online USA sports betting sites now offer Dogecoin sportsbook funding options.
At these venues, not only can you bet with Dogecoin, but you can bet on literally anything with it. From standard lines and live odds to futures, custom prop tools, and more, these sites have it all. To help you learn more about how to top off your online sports gambling account with the Dogecoin cryptocurrency, we’re throwing you a bone with our short guide.
The Best USA Online Sportsbooks
For Dogecoin Sports Betting
At USASBS, we’ve been showing American sports bettors how to legally and safely wager over the Internet for years. The sites we recommend have each been in business since the earliest days of online sports betting, and they’re widely considered the best operators around.
Of course, now that they let members bet Dogecoin on every player, team, and league the world over, the best just got even better! Follow any link below to see the betting odds for yourself. Once you do, we’re betting the odds are pretty good you’ll sign up ASAP. These sites are all bark and all bite!
Why Is Dogecoin So Popular Among US Sports Bettors?
Dogecoin betting has been thrust into the limelight recently thanks to the hype and popularity surrounding the so-called “joke coin.” Still, without a big boost in the Dogecoin price (it’s up 20,000% since 2020), the best online sportsbooks wouldn’t have started accepting it. Most of that recent Dogecoin value growth can be attributed Elon Musk. While there’s no official Elon Musk cryptocurrency, Dogecoin might as well be.
Elon Musk Dogecoin tweets – along with various Mark Cuban Dogecoin investing tips – are key drivers for the DOGE asset. Without these popular billionaires spreading the wealth, Dogecoin sports betting wouldn’t be a thing today. But instead, it’s here to stay. Good dog!
Other reasons why Dogecoin gambling is a boon for players in the US is because – as with Bitcoin sports betting, Ethereum sports betting, and Litecoin sports betting options – DOGE allows American players to quickly make guaranteed deposits, gives them the best sportsbook bonuses, and lets them claim same-day pay
What Is Dogecoin?
Dogecoin is a cryptocurrency that was launched as a joke back in December 2013. The coin is based on the famous Doge meme, and its ticker symbol (DOGE) is often accompanied by an icon of the Shiba Inu from said meme.
But in the years since – and especially during 2020-2021, Dogecoin transcended its meme status to become one of the most popular and heavily traded crypto assets in the world.
Plus, Dogecoin isn’t just a gag – it’s a legitimate crypto coin with a functional, secure blockchain backend. In fact, DOGE is based on the Bitcoin blockchain, with the advantage that Dogecoin transactions process a little bit faster and cost much less.
The Dogecoin price today (Q3 2021) is $0.25-$0.35 per coin, with a market cap north of $35 billion. It’s the seventh most popular crypto on the board, which makes it one of the most popular cryptos on the sports betting boards, too. Many of the best online sportsbooks are all in as certified Dogecoin betting sites as a result.
How To Buy Dogecoin
If you already know how to buy crypto, you know exactly how to buy Dogecoin. For those new to the game, in order to buy Dogecoin, you must first know where to purchase Dogecoin. Fortunately, DOGE is listed on all the major online crypto exchanges, which is where the process starts (see below).
Alternatively, you can actually mine Dogecoin, as Dogecoin mining remains feasible. That said, we don’t recommend this route, as there’s still a bit of a financial outlay involved. It’s simpler and more cost-effective for US sports bettors (and crypto investors) to simply acquire DOGE going the typical exchange route.
The main thing to remember is to buy DOGE when the price is below its trading average for the week or the month. Don’t sit on the sidelines waiting for Dogecoin to tank. Just buy in when it’s reasonable given its recent history, and you should be sitting pretty.
Buying Dogecoin On Crypto Exchanges
If you want to know where to buy Dogecoin, US residents have plenty of different online cryptocurrency exchanges to choose from. The best exchanges are all quick and easy to join, and they’re all licensed and regulated.
Our favorites include Coinbase Pro, Bittrex, Kraken, and Binance US, but there are many others. We recommend picking the one that has the most favorable trading fees and the smallest buy-in fees for first-time users. Once you’ve made your choice, just sign up, link your bank account to your exchange profile, and buy DOGE to your heart’s content.
That said, for first-time Dogecoin buyers looking to use DOGE to fund online sports betting activities, it’s important to note that new members’ initial buy-ins tend to come with wait times of up to 10 days before any crypto can be moved off-platform (i.e. to your legal US sports betting site). If you want to wager ASAP on tonight’s game or this weekend’s NFL tilt, you may be better off depositing with credit or debit at your sportsbook.
Remember, you can always pull your winnings out in DOGE regardless of how you deposit, so this avenue can be a good way for crypto skeptics or fence-sitters to get started. Throw that shock collar away and jump in, dawg!
Mining Dogecoin For Free DOGE
As stated above, it’s also possible to get Dogecoin by mining the stuff. While Bitcoin mining and Ethereum mining used to be profitable, those cryptos require so much power to verify blocks that individuals can’t compete with multimillion-dollar datacenters. But DOGE has very small power requirements, making Dogecoin mining a real possibility.
Still, there’s a non-trivial startup cost involved, and for most USA sports bettors, they’ve got better things to do anyway. You know, like research and prep their wagers for the next batch of games on the docket.
For 99 out of 100 sports gamblers, DOGE mining holds no real allure or profit potential. Just win some bets and claim your payouts in Dogecoin, and you’ll be ahead of the curve.
Advantages Of Using Dogecoin To Bet Sports Online
If you’re not sold on Dogecoin right now, we understand. Crypto in general is a tough thing to wrap your head around if you haven’t been following the industry from the start.
Plus, the Dogecoin news is full to the brim with naysayers and advocates alike. Some analysts say the Dogecoin forecast is that the asset will crash to nothing, while others are saying Dogecoin predictions of $5 to $10 per coin are underselling the long-term DOGE value.
So how far will Dogecoin go? It can be hard to filter out the noise. But don’t let that scare you off the idea, because there are numerous concrete benefits to Dogecoin sports betting.
At the best Dogecoin gambling sites, you can enjoy all this and more:
- Rapid, guaranteed transfers. DOGE transactions are not filtered by banks or other financial institutions, and there’s no governmental interference, either. That means that online gambling laws like the UIGEA banking regulation cannot interrupt or stop your bet funding when using Dogecoin. Dogecoin sports betting deposits go through 100% of the time with no exceptions.
- Small native blockchain fees. Because DOGE uses far less energy than most Proof-of-Work (PoW) cryptos, its built-in blockchain transaction fees are comparatively small. While some cryptos have even smaller fees, Dogecoin fees are effectively capped at 1 DOGE per transfer. Right now, that’s about 30 cents.
- Best banking limits. Dogecoin – and all crypto deposit options at USA online sportsbook sites – have both the lowest minimums and highest maximums of any supported banking method. Most sites will let you deposit as little as $10 to $20 when using DOGE, and you can usually deposit between $5000 and $10,000. For payouts, you can claim as little as $10 or as much as $50,000+ at most reputable betting services.
- Enhanced crypto betting bonuses. All deposit options come with sportsbook bonuses or online betting promos that match your deposits with a certain percentage in free plays (aka free bets). However, when you use DOGE to top off your bankroll, you get even more woof for your oof. Crypto promos are usually 2-3X bigger than standard bonuses, all with the same low rollovers.
- Same-day payouts. At the fastest paying US sportsbook sites, same-day payouts are only available via cryptocurrencies like Dogecoin. Other methods can take 3-7 days to clear, but crypto payouts show up in your paws within just a few hours. All you need is a free Dogecoin wallet, and you’re good to go!
- No added fees whatsoever. Whether you’re depositing or withdrawing, there are never any fees added to your Dogecoin transfers by your online sportsbook. The native blockchain fees are trivial, and those are the only fees you pay.
Are Dogecoin Sportsbooks Different Than Regular Sportsbooks?
Yes and no. And that depends more on the market you’re in rather than the deposit option you choose. Obviously, if you want to bet with Dogecoin (or bet on Dogecoin, for that matter), you’ll want to choose a site that supports DOGE deposits and payouts. In this respect, the sites that don’t accept DOGE are nonstarters. So that’s a difference.
Similarly, if you’re used to domestic sports betting options at state-regulated US sportsbooks, you can’t deposit with DOGE or any other crypto, so that’s a difference, too.
But if you’re comparing online DOGE betting sites to other reputable online sportsbooks that accept different cryptocurrencies, there’s really no difference in terms of the odds and lines you can expect.
From NFL, MLB, NBA, NHL, and NCAAB betting to international soccer odds, rugby lines, cricket action, MMA/boxing bets, and even eSports and political odds, the best USA sportsbook sites operating outside of US borders give you more freedom than you’ll find anywhere else.
Now that’s some doggone irony!