5 Beginner-Friendly Crypto Sportsbooks for New Bettors

The post North Carolina Sides With Federal Preemption, Taxing Prediction Markets 6% While Sportsbooks Pay 23% appeared on BitcoinEthereumNews.com. Key Takeaways North Carolina’s signed budget taxes prediction markets at 6% of net trading fee revenue, effective January 1, 2027. The state declines to require prediction platforms to hold a state license, recognizing CFTC authority instead. Sports betting operators face a separate, higher 23% tax on gross wagering revenue, up from 18%, effective immediately. A carveout sidestepping a fight Governor Josh Stein signed North Carolina’s $34 billion fiscal-year budget on July 7, enacting Senate Bill 257 – now Session Law 2026-41 – after more than a year of negotiations. The budget’s two key gambling provisions pull in opposite directions: the first raises the tax on licensed online sports betting from 18% to 23% of gross wagering revenue, effective immediately. The second, taking effect January 1, 2027, imposes a 6% tax on prediction market ope

North Carolina has broken with the wave of states fighting prediction markets in court, using its new budget to tax platforms like Kalshi and Polymarket at 6% while explicitly declining to regulate them – a posture that effectively recognizes federal authority over the sector even as other states sue to assert their own. Sportsbooks in […]

Brazil's new rules may curb gambling addiction and financial risks, but they also increase compliance costs and limit crypto's role in betting. The post Brazil imposes strict advertising rules on online betting firms, bans crypto payments appeared first on Crypto Briefing.

The post 5 Beginner-Friendly Crypto Sportsbooks for New Bettors appeared on BitcoinEthereumNews.com. Getting started with crypto sports betting is much easier today than it was a few years ago. Modern crypto sportsbooks have simplified registration, improved their interfaces, and made deposits almost instant, allowing newcomers to place their first bet within minutes. Unlike traditional sportsbooks that rely on bank cards, wire transfers, or e-wallets, crypto sportsbooks use digital assets such as Bitcoin (BTC), Ethereum (ETH), or USDT for deposits and withdrawals. Transactions are processed directly on blockchain networks, which often means faster settlements, lower fees, and broader global accessibility. Many crypto-native platforms also support non-custodial wallets, allowing users to retain control of their funds instead of relying on traditional payment providers. Another major difference is account creation. Traditional sportsbooks almost always require identity verification befo

The post Alchemy Pay’s Strategic Integration Brings Crypto Payments to Bangladesh appeared on BitcoinEthereumNews.com. Alchemy Pay has made a significant advancement by extending its On Ramp service to Bangladesh, enabling direct purchases of cryptocurrency using the nation’s leading mobile financial platforms. This development integrates bKash, Nagad, Rocket, and Upay, which are integral to everyday financial transactions in the country. Continue Reading:Alchemy Pay’s Strategic Integration Brings Crypto Payments to Bangladesh Source: https://en.bitcoinhaber.net/alchemy-pays-strategic-integration-brings-crypto-payments-to-bangladesh

The post 4 Crypto Sportsbooks for High-Volume Bettors: Limits and Withdrawals Compared appeared on BitcoinEthereumNews.com. You land a big win, tap withdraw, and the screen reads “pending review.” Your own money now sits behind an operator’s release schedule while someone decides when and how much you can take out. For a high-volume bettor, that gap is the whole game. This compares four books on crypto sportsbook withdrawals: how much stands between a settled win and your wallet, where limits bite, and where verification enters.  The order runs on how a platform handles the money it owes you, not on bonus size or market count, where some of these books lead instead. What “Wallet-First Withdrawals” Means A custodial book holds your balance and pays out on its own terms, which can mean daily caps, staged payouts on large sums, and identity checks before a withdrawal clears. The money is yours, but the release schedule is the operator’s. Non-custodial books work differently: winnings sett

The post 6 Crypto Sportsbooks Ranked on On-Chain Transparency appeared on BitcoinEthereumNews.com. After a bet settles, can you actually check that it resolved the way the book says, or are you taking a support reply on trust? That single question separates most crypto sportsbooks from the few built to be verified. On-chain transparency is the feature that answers it, and it is the axis this list ranks six platforms on. The order runs from books that write wagers and settlements to a public ledger anyone can read, down to those that settle privately and ask you to trust the result. It is a ranking of what a bettor can verify, not of scale or market depth, where some of these books lead instead. What On-Chain Transparency Actually Means On-chain settlement means a wager and its outcome are posted to a public blockchain as transactions a bettor can inspect, so a settled bet points to a record instead of a support message.  Most books settle off-chain, in a private ledger only the operato

The post Crypto Sportsbooks Built for Web3 Bettors appeared on BitcoinEthereumNews.com. Plenty of sportsbooks accept crypto. Far fewer are built around it. The difference is whether a coin is just another way to pay a balance the operator holds, or whether the platform keeps funds in your own wallet and settles bets you can check on-chain. That gap is what separates crypto sportsbooks for web3 users from a book that simply added a Bitcoin button, the same line that sets on-chain platforms apart from traditional sites. Ranked below are five platforms, ordered on how far they lean into that wallet-first model of web3 betting, with each entry honest about where it sits, since most crypto books still hold your funds the traditional way. What “Built for Web3” Means Here The ranking runs on one axis: fit for a Web3 bettor. That means whether funds stay in a wallet you control instead of an operator balance, so the book is non-custodial, whether settlement is posted to a public ledger you can