Cryptocurrency has reshaped online betting in ways few people could have predicted a decade ago. Low-fee transactions, borderless payments, instant withdrawals, and stablecoin banking have all helped crypto sportsbooks disrupt traditional online gambling. But as the industry evolves, so does the technology behind the payment methods bettors rely on every day. One of the biggest […]
Category:Bitcoin & Cryptocurrency Guides
Welcome to the Bitcoin & Cryptocurrency Guides section by GOSUBETTING. Whether you’re a seasoned crypto enthusiast or just starting your journey into the world of digital assets, our guides are designed to empower you with knowledge. Explore topics such as blockchain technology, cryptocurrency investing, wallet management, and more. Join us on a crypto-learning adventure, and unlock the potential of this revolutionary financial landscape.
IRS 101: How the U.S. Taxes Crypto Betting Winnings and Losses
Crypto betting — using digital assets such as Bitcoin or Ethereum to place wagers online — has become increasingly popular in recent years. While many players focus on the thrill and potential profits, few realize that their wins and losses may be subject to U.S. taxation. The Internal Revenue Service (IRS) treats cryptocurrencies as property, […]
How to Buy & Store Cryptos for Betting
Over the past decade, cryptos have made their way into the online betting sector. They have been utilized in the Internet gaming sphere a bit earlier. But now, digital coins seem to be attaining mass acceptance in these two gambling Web sections, with allegedly 55% of all BTC transactions related to some type of wagering. […]