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, […]

Stablecoins – USDC vs. USDT for American Bettors

As online sports betting evolves, payment innovation is reshaping how players deposit and withdraw. For American bettors, stablecoins, namely cryptocurrencies pegged to the U.S. dollar, are now entering the mainstream. Among the top options, USD Coin (USDC) and Tether (USDT) stand out for their speed, stability, and ease of use. But which one is better […]

Can You Fund U.S. Sportsbooks with Crypto? A State-by-State Breakdown

The question of whether you can fund an American sportsbook account with cryptocurrency comes up almost daily among bettors. Crypto is fast, borderless, and familiar to millions of people who already use Bitcoin, Ethereum, or stablecoins for trading and online purchases. Yet when it comes to legal online sports betting in the United States, the […]

Crypto Sportsbooks in the U.S.: Reality Check vs. Hype in 2025

Crypto and sports betting still make a noisy pair, yet for U.S.-based bettors, the overlap remains far smaller than the buzz suggests. In 2025, crypto is mostly a funding story, where regulators allow it, rather than an end-to-end, on-chain betting experience. This expanded guide unpacks the legal backdrop, how payments actually work, the tax wrinkles […]

USA vs Mexico Betting Tip 07.07.2025

It is a familiar clash at the Gold Cup between the USA and Mexico, one that was anticipated to be the final as both teams were the heavy favourites to win the tournament. Both sides have shown determination and grit to reach this stage, and while the USA might have a slight home advantage, due […]

USA vs Costa Rica Betting Tip 30.06.2025

The Gold Cup continues with other interesting matches like the one between the USA and Costa Rica. Tournament hosts, USA, will have a tough task in overcoming a sturdy and sound Costa Rica outfit that already showed it can take something even from the favourites like Mexico. USA Team News Three straight wins to start […]

Decision on U.S. Election Betting Still in Limbo After Hearing

In a recent report, we discussed a big court decision that could make betting on U.S. elections legal, something that has been banned for a long time. The case involved Kalshi, a New York-based platform for prediction markets, and the Commodity Futures Trading Commission (CFTC). If this decision stands, it could change the way political […]

USA vs Uruguay Betting Tip 02.07.2024

Arguably the two ”top” teams in Group C will go against each other in the final matchday of the group phase. For Uruguay, the situation is quite good after two wins in their previous two tournament fixtures. Hosts USA, however, suffered a shock defeat to Panama last time out and will be forced to search […]

Panama vs USA Betting Tip 28.06.2024

Hosts USA got off to a good start in their group and their chances of progressing to the qualifying stage are rather good. The same cannot be said for Panama, though, as for now, they seem to only have an outside chance for the top 2 spots. Despite a good showing against Uruguay, the Canal […]

USA vs Bolivia Betting Tip 24.06.2024

It is time for tournament hosts USA to enter the fray and they will do so against a game versus Bolivia. This will mark the 5th time they play in the Copa America and they will be hoping to improve their best-ever performance there – reaching the semi-finals. For Bolivia, recent history has not been […]

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