Ripple Betting Sites: Best XRP Sportsbooks

Most betting enthusiasts are becoming aware of just how much the crypto-betting scene has developed over the past few years. While still being slept on by most, crypto has slowly acquired a massive market share and now comprises over 30% of all betting operations. Among the most popular choices for crypto betting stands Ripple - a decentralized digital currency exchange with its own crypto coin.

Top-4 Ripple Betting Sites Coming Into 2025

The number of crypto betting-related transactions more than doubled across 2021-2022. What's more - the industry has no signs of slowing down, either! As such, most esports betting sites are opening up to the idea of using this crypto. Let's take a look at some of the best examples of XRP sportsbooks.

BC.Game

This betting site just might be one of our best favourites. BC.Game has all the pros of crypto betting sites with few to none cons. As it's an end-to-end crypto platform, it enjoys certain perks like complete anonymity, lower transaction fees, and faster transaction speeds not found on conventional online betting platforms. For the purposes of this article, we highlight BC.Game accepting XRP. However, the bookie also offers an incredible variety of digital currencies at a whopping 83 different cryptos!

Sportsbet.io

As a crypto betting site with a global reach, Sportsbet.io is one of the best Ripple betting sites. With a healthy selection of popular traditional sports and esports betting titles, it's a great fit for competitive fans across both football betting and such titles as League of Legends, Dota 2, Counter-Strike 2, Call of Duty, and others. Combine it with an excellent variety of betting lines offered by Sportsbet, and you get a great betting site with tons of different betting options.

Thunderpick

Despite being a relatively new betting site launched in 2017, Thunderpick has become one of the leaders of the crypto esports betting sites. The key here is its heavy esports focus - Thunderpick often rivals - and outperforms - conventional esports bookies because of the vast variety of options it presents. It's not just the big hitters like League of Legends, Dota 2, and Valorant, but some of the niche stuff like Hearthstone, Wild Rift, etc. With overwhelmingly positive reviews and a spotless reputation, Thunderpick is an excellent choice for Ripple betting.

Bitsler

Bitsler is an end-to-end crypto betting site for the most avid betting fans. Bitsler offers the widest variety of esports titles, perhaps out of every bookie we've reviewed, including conventional betting platforms! Forget about limiting yourself to the popular AAA titles like League of Legends and Dota 2 - add the classics like Warcraft 3 and Age of Empires betting with Bitsler. The sports betting selection is no less vast, with even very niche disciplines like floorball and cricket. Bitsler accepts 26 different digital currencies, including XRP, and even has its very own crypto coin.

What Is Ripple And XRP?

Apologies for getting a little nerdy here, but Ripple is actually just the name of the company and its payment settlement system. As a matter of fact, Ripple was designed as a new-age replacement of SWIFT - a global payments system currently used by most banks. What interests us here is its complementary digital currency called XRP.

XRP is a blockchain-based digital currency similar to its more known counterpart, Bitcoin. However, the similarities mostly end there due to XRP's dramatically different way of handling transactions. Unlike fully decentralized crypto coins like BTC or ETH, XRP is semi-decentralized as it allows users to choose which participants may verify their transactions based on how (sometimes just allegedly) trustworthy they are. Still, these validators are not any central entity but a network of users (be it financial institutions that use Ripple or individuals), so it's different from conventional fiat currencies.

This quasi-centralization allows XRP to be the fastest and safest cryptocurrency that large financial institutions use. For comparison's sake, an average transaction in Bitcoin takes around seven minutes to verify. When using XRP, this wait is cut down to just five seconds!

Additionally, with XRP, there's no concept of "mining." We all know about the hurdles of Bitcoin mining. GPU shortages, power demands, stuff like this - it doesn't affect as XRP is already "pre-mined." As in, 100 Billion units of XRP exist and are released over time, instead of being created through complex mathematical calculations that take computing power, like Bitcoin.

Dangers of pre-mining

While this "pre-mine" approach has benefits, it also caused some concerns about the possibility of the "mass release" of XRP, which would bring down its value. However, Ripple Company claims to have safeguards in place to prevent this from happening.

Is XRP Betting Legal?

The state of crypto betting is promising as it reaches even the most regulated betting regions like the United States. Interestingly, the biggest hurdle there isn't, in fact, the crypto betting itself - but just online betting. There is no legislation prohibiting betting using digital currencies such as XRP or Bitcoin in particular. As such, several US states have legalized online crypto betting as early as 2021: namely Wyoming, Colorado, New Jersey, Nevada, and Tennessee.

When we look at the rest of the world, it's the same outlook. The United Kingdom explicitly allows crypto gambling - but regulates the bookies operating on its territory to ensure they “can satisfy the requirements regarding the source of funds before making an application, as failure to do so could result in the application being refused." As Ripple is an "officially recognized" platform, it has an easier time passing this test than even Bitcoin.

Key points for XRP legality:

1. In general, no specific laws regulate XRP betting. It's neither officially allowed nor prohibited.
2. More and more countries recognize the crypto industry as a rapidly developing cultural phenomenon. As such, discussions about the blockchain, crypto exchange systems, etc. have reached legislative levels.
3. Using XRP, or any cryptocurrency, for this matter, increases anonymity and transcends borders. Most trustworthy platforms might still ask users for identification, though.

Pros And Cons Of Using XRP For Online Betting

Ripple Coin is rather popular, so most crypto betting sites - and sometimes even conventional bookies - will accept XRP. Still, let's list why use it in the first place (and a few reasons why you might not want to).

XRP Pros

• Lightning-fast transactions. XRP transactions take a fraction of the time compared to fiat currencies - and even other digital currencies. Just compare Bitcoin's average time of 7 minutes to process a transaction against XRP's 5 seconds!
• Fees are as low as they can go. Transaction costs within the Ripple network are locked to 0.00001 XRP. To put that into perspective, that would be 0.000003 in USD - virtually unnoticeable for most. That's not even 3 cents - way, way lower!
• Large financial entities use Ripple. Although we're used to thinking of cryptos as some decentralized, underground venture, Ripple is not like that. Large financial institutions such as Bank of America use this payment system. If they trust it, we can, too.

XRP Cons

• Semi-centralized digital currency. While this may benefit some, it can be a cause for concern for others. Since XRP operates on a default list of validators, which are sometimes large banks, it's not as "free" and "democratic" as Bitcoin or, say, DOGE.
• Comes pre-mined. The fact that there are 100 Billion units of XRP in existence but not in immediate use can be concerning for investors. If Ripple messes up and drops too many at the same time, XRP's value would plummet.

Best Exchange And Wallet To Use With XRP

But not everything is sunshine and rainbows in Ripple betting, sadly. In 2020, Ripple Labs became the target of a lawsuit that accused it of misleading investors. US Securities and Exchange Commission classified XRP as unregistered securities

In finance, security is a certificate or other financial instrument that has monetary value and can be traded. In other words, security is a tradeable financial asset.

Following the lawsuit, several exchanges stopped supporting the currency, limiting the options of XRP holders. However, this lawsuit is coming to an end, and Ripple Labs, after two long years of fighting, is the winner. While the experts forecast a strong rebound and sound economic future for XRP, the options regarding available exchanges are still stifled.

Best Currency Exchange For XRP: Binance

Still, there are good choices out there, mainly the biggest cryptocurrency exchange, Binance. This platform still supports XRP and is one of the best sites that accept XRP trading. This is due to its low fees, high security, and more currency pairs than any other crypto exchange.

Binance is the world's biggest Bitcoin and Altcoin exchange. /img credit: Binance

Best Crypto Wallet For XRP: Uphold

There are three different types of crypto wallets. Basically, you can think of them as security levels: we'll list them from lowest (although still quite secure) to highest.

1. Digital, or software wallets. Easy to get - around one minute of registration and you're done. These are already quite secure and act like already familiar e-wallets such as PayPal.
2. Hardware wallets. As you go hardware, you step up security. The hardware walled functions like a physical counterpart of two-factor authentication, keeping your XRP units safe and secure.
3. Paper wallets. Alternatively, you can simply store the information needed to access your XRP wallet on paper! When kept in a secure location (i.e. a safe) it's even more secure than hardware wallet since it can't be hacked or accessed remotely (although it's virtually impossible for hardware wallets).

Ripple Betting Alternatives

Still, there's plenty more fish in the sea for those spooked by Ripple's past history. Below is the list of the most popular Ripple betting alternatives ranked from most to least popular. Check out all the links to discover the best betting websites for each of these options!

BTC

The original hype-starter, Bitcoin, still is the king of all crypto coin transactions. Betting with Bitcoin is the most beginner-friendly way to delve into crypto betting safely and quickly.

Ethereum

Ethereum, is a cryptocoin second only to Bitcoin in popularity, and as such, it’s often referred to as an “alt-coin”. Since it’s one of the most popular cryptos, ETH betting sites, or bookies that accept Ether as payment, are easy to find.

Litecoin

The second alt-coin after Ethereum, Litecoin, has some following within the betting community. Check out this link to learn how to bet with Litecoin.

Tether

Tether is an example of a stablecoin - a cryptocurrency “anchored” or “tethered” to a physical counterpart to ensure its stability. With that method in use, it’s more stable than some of the fiat currencies! Because of this Tether betting is great for those who’d prefer to spend their time betting and not monitoring the peaks and valleys on a value graph.

Dogecoin

The original meme-coin has broken into top-10 cryptos in popularity, and as such, it's now a popular choice for betting. Betting with DOGE is surprisingly developed and available on most high-profile bookies.