Best Lightning Network Sportsbooks & Betting Sites

Discussion in 'Bitcoin Sports Betting' started by Humble Servant, Oct 10, 2018.

  1. Humble Servant

    Humble Servant Active Member Staff Member

    Depositing at your favorite bookmaker can be pain in the ass at times, particularly if you live in the United States. If you try to fund your account with your Visa, MasterCard or American Express, it will likely get declined. If you decide to deposit with Bitcoin, Litecoin or Ethereum then you'll need to wait for for your transaction to be confirmed, which can take hours or days depending on how congested the blockchain is.

    The Lightning Network, which is layer 2 solution that sits on top of the bitcoin blockchain, promises to fix all of this. With Lightning you'll be able to move some of your bitcoin from your regular wallet into a lightning channel which will allow instant transactions for a fraction of a penny. You can think of your regular bitcoin wallet as your savings account, while your Lightning Network wallet will function more like a checking account that is linked to your debit card and allows you to make purchases instantly.

    This will have huge repercussions for the online gambling industry because it will offer a much better user experience. No more waiting around for your transaction to get included in the next block or worrying about whether you attached a large enough transaction fee. Thanks to Lightning Network transactions, sportsbook deposit should instantly appear in your account and withdrawals will be just as fast. A number of roulette, slots and other Lightning Network casino games have already been released so we thought it would be a good idea to list the best Lightning Network sports betting sites.

    MICROBET - MICROBET.FUN
    With MicroBet you try to predict the outcome of soccer, football, baseball and other sports. You wager as little as 100 or 200 satoshi's. It's pretty basic but it's a good demonstration of what's possible with Lightning.
     
    Last edited: Oct 11, 2018 at 12:02 AM

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