
In the last 5 years I’ve seen a flourish of crypto betting sites emerge and one of the prominent altcoins accepted at these operators is Dogecoin. Don’t let the name fool you – this crypto offers many benefits for sports betting.
In this guide, I look exclusively at Dogecoin betting sites, how they work, how you can make deposits and withdrawals, and the advantages this popular cryptocurrency presents. I’ll also give you a brief history lesson on DOGE and how it started.
Before we get into the latest sportsbooks that support Dogecoin, it’s important to understand what it is and how it works. Dogecoin is a cryptocurrency or an altcoin (basically anything except Bitcoin is considered an altcoin). It originally started as a joke currency and was initially released in 2013 with the creators being Billy Markus and Jackson Palmer.
The logo for Dogecoin is derived from the popular Doge meme which was originally a photo of a Shiba Inu dog named Kabosu, hence it being a memecoin and originally a joke. However, at the time of writing this guide, DOGE is anything but a joke and it is consistently in the top 10 trading volumes and market caps of all cryptocurrencies worldwide.
| Name | Dogecoin |
| Code | DOGE |
| Initial Release | 2013 |
| Block Time (average transaction time) | 1 Minute |
So how does this relate to sports betting? Essentially, like other cryptos, you can use Dogecoin to make deposits and withdrawals at Doge betting sites. This acts as a replacement to fiat currency transactions and oftentimes Dogecoin betting sites only accept crypto payments so you at least need some knowledge of how wallets work and how to buy/sell your Dogecoin.
We’ve got an updated crypto sports betting guide that explains the premise of these operators, but I want to specifically talk about DOGE betting and the important things you need to understand. Below, I look at what you need to do beforehand, and how you can make payments using your Dogecoin at these sites.
Everyone knows how fiat payments with USD or EUR work, but to many, cryptocurrencies like DOGE are a complete unknown. With this in mind, if you are a novice and have never interacted with cryptocurrencies before, I recommend you have the following before using a DOGE betting site:
Having a wallet or some means of transferring and storing your DOGE is essential. You can use a third-party exchange like Coinbase, Binance, or Kraken which include a secure wallet, and give you the ability to buy, sell, and exchange crypto using fiat currencies. I have an account with Coinbase, for example.
Alternatively, you will need a third-party crypto wallet such as Metamask or TrustWallet. These essentially act the same as an e-wallet where your crypto will be stored. I also recommend that you do a little research on the basics of cryptocurrencies in general including how they work, how wallets work, and how you can buy and sell them.
You can make DOGE payments in two ways – manual or automatic. I recommend using automatic where possible. For manual transactions at Doge betting sites, you will have to do the following steps:
The risk here is that you put the wrong recipient address in and send your Dogecoin to some random address. If this happens, the sportsbook will 99% of the time not take responsibility and you’ll struggle to get your crypto back. However, manual transactions are perfectly fine provided that you take care and double check the recipient address.
I prefer to use automatic payments where possible at Dogecoin betting sites as there is less room for error. These transactions take away the manual element and can be done in the following steps:
Instead of manually entering a send address, you simply link your third-party wallet with the Doge betting site and they do the rest for you. By doing this you can’t potentially enter the address incorrectly.
So, we know how payments work at Dogecoin betting sites, but why bother? I explain the main benefits below:
Cryptocurrencies are generally known for their excellent payment security and they are widely regarded as some of the most secure payment methods available. Dogecoin is exactly the same. You first have the security of your external crypto wallet which is virtually unbreakable unless you mistakenly give someone your wallet address. That’s combined with the excellent security and blockchain technology of the DOGE betting sites. I’ve never had any issues with Dogecoin payments at online sportsbooks and you never hear of any security breakdowns.
The average blockchain processing speed of Dogecoin transactions is 1 minute. This theoretically means that you can make deposits and withdrawals in 1 minute at Doge betting sites. From experience, I’ve generally found this to be true. Deposits are always lightning fast, and where many fiat sportsbooks can take 3-5 business days to process withdrawals, I usually get my winnings from Dogecoin betting sites instantly, or within a few minutes. Even within the crypto sphere, DOGE is about 10 times faster than Bitcoin, which gives it a clear edge over BTC betting platforms.
I like the flexibility that using Dogecoin presents. Sure, there is an extra step involved in buying the altcoin in the first place, but you can do so much with it after. For example, you could withdraw some Dogecoin winnings you make on a big parlay bet to your crypto wallet and then exchange it for a different altcoin that you think is going to surge in value. Minimum withdrawals with Dogecoin are pretty low, too, regularly sitting as low as $10. Compare this to the usual $50 minimum at ETH betting sites, and it becomes clear why DOGE is the favorite among lower-stakes punters.
Lastly, using any cryptocurrency gives you relative payment anonymity because oftentimes you are simply entering a wallet address and never any personal details such as an email or card details. This acts as an additional layer of security and protection against cybercriminals and helps keep your actual fiat bank details secure.
I’ve had plenty of experience with Dogecoin and Litecoin betting and other cryptos and although they have many benefits, there’s some potential drawbacks too which I’ve explained in these pros and cons:
I will continue to use Dogecoin betting sites and crypto sports betting in general. I wholeheartedly believe in the security that Dogecoin provides for online sports betting, and the fast withdrawal speeds are awesome. The main barrier is getting your crypto wallet and buying your Dogecoin – once you’ve done that, everything else is plain sailing and I think you’ll have a smooth and enjoyable sports betting experience.
We’ve got a heap of recommended sites on this page so I recommend checking out the links and banners to see what Dogecoin betting sites are available in your area. All that’s left then is to sign up, make your first crypto payment, claim the welcome bonus, and start betting!
Yes. Crypto payments in general are incredibly secure and Dogecoin betting sites often have advanced security using blockchain technology. This allows for fast and secure payments, non repudiation of transactions, and public visibility for your payments so they can’t be refuted.
You need a crypto wallet that supports Dogecoin. You can then purchase Dogecoin from an exchange like Coinbase or Kraken and use it to make payments at an online sportsbook that supports DOGE.
Yes. Dogecoin is a globally recognized cryptocurrency that is traded daily in huge volumes. It can be found on indexes such as CoinMarketCap and is one of the best-known altcoins in the world.