Crypto payments are gaining attention among US online sports bettors. New research from Paysafe suggests that demand for digital assets at sportsbook cashiers is growing quickly. The study found that crypto sports betting could become a more important part of the player payment experience in regulated markets.

  • Paysafe‘s survey found that 83% of US bettors would use cryptocurrency to fund sportsbook wagers if regulations allow it. The research covered 2,550 respondents across nine regulated US betting states. All participants were either active bettors or planned to bet online within the next 12 months.
  • Colorado and Wyoming currently permit crypto deposits for online betting. In those markets, 59% of bettors in Colorado and 45% in Wyoming have already used digital assets to place wagers. The findings suggest existing demand where crypto payment options are available.
  • Interest in crypto was particularly strong in New York, where 92% of bettors expressed interest in crypto deposits. Demand was also high in Illinois and Florida at 88%. Across all surveyed states, 64% of active bettors said they already own cryptocurrency.
  • When available, crypto would rank among the top payment methods for online betting. Around 45% of respondents listed it as a preferred option, behind digital wallets at 55% and debit cards at 50%. Traditional methods such as credit cards and bank transfers still remained relevant.
  • The study also found strong interest in withdrawals using digital assets. A total of 85% of bettors said they would like to cash out winnings through cryptocurrency, although no US state currently permits crypto withdrawals. This could create future opportunities for crypto sports betting operators if regulations evolve.
  • Payment options appear to influence sportsbook selection. While 36% of players prioritised brand trust, many also valued seamless crypto withdrawals, deposits and payment flexibility. These factors ranked among the most important considerations when choosing a betting platform.
  • The research highlighted the role of payments in customer retention. Seven out of ten bettors said crypto transactions would improve their overall betting experience. However, 71% also said they would leave a sportsbook after a poor crypto payment experience.
  • Commenting on the findings, Paysafe President of Global Gaming Zak Cutler said: “Our latest research indicates that there’s strong player appetite for crypto at the cashier.” He added that crypto could become an important payment method as regulations develop further. The findings point to growing interest in crypto sports betting across regulated US markets.

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