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Who Here Would Gamble With Their Coins? Crypto wagering for online sports betting now legal in Wyoming

Who Here Would Gamble With Their Coins? Crypto wagering for online sports betting now legal in Wyoming



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  1. [Here’s the bill itself ](https://legiscan.com/WY/text/HB0133/id/2351818/Wyoming-2021-HB0133-Enrolled.pdf)

    All it says for cryptocurrency is:
    “Digital, crypto, and virtual currencies.”

    So I suppose it would be up to the gambling institution.

    What would be the best coin to accept?

    Edit: I didn’t know about the issues with CoinTelegraph, my apologies. However, this story is verified:

    [Here](https://www.coindesk.com/wyoming-accepts-crypto-bets-sports-gambling)

    [Here](https://malaysia.news.yahoo.com/wyoming-online-sports-betting-law-220058315.html)

  2. Personally I would only gamble a coin that I have bought for that purpose specifically, all my other holds are projects I believe in so I wouldn’t take the risk.

  3. tldr; Wyoming has passed a new law legalizing online sports betting in the state, with gamblers able to fund their accounts with bookmakers using cryptocurrencies. As part of the bill, cryptos, as well as digital and virtual currencies, qualify as approved assets convertible to cash for use in online sports wagering. The move sees Wyoming becoming the second state in the US to permit online sports gambling.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  4. Companies will start accepting crypto for one reason, it suck up crypto. Why buy Bitcoin when you can accept it for payment and then use other funds to cover and keep the Bitcoin? These are just schemes to separate people from crypto.

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