Paysafe conducted research and found that 83% of US bettors want crypto sportsbook deposits where permitted, while 85% expressed interest in crypto withdrawals as well. The latter is not yet permitted in any US state. The Paysafe study surveyed 2,550 active bettors across nine states and found that crypto would rank among the top three payment methods nationally, while placing second only to digital wallets in New York, where 92% of players want access to crypto deposits.
Colorado and Wyoming are currently the only two states that explicitly permit crypto deposits, with 59% and 45% of bettors, respectively, having already funded a wager using digital assets.
Seven in 10 bettors said crypto transactions would improve their overall betting experience, highlighting growing consumer demand for cryptocurrency payment options within the US sports betting market.
Crypto Payment Deposits
Paysafe Has Found 83% of US Bettors Want Crypto Sportsbook Deposits
Trend Themes
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Crypto-first Sports Betting — A substantial majority of bettors showing preference for crypto deposits suggests platforms could be reimagined around native digital-asset storefronts and wallet-integrated UX.
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Regulatory-driven Crypto Adoption — Patchwork state permissions creating pockets of legal acceptance point to business models that pivot on jurisdiction-aware payment routing and localized compliance layers.
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Demand for Crypto Withdrawals — Widespread interest in crypto cashouts indicates value in developing custodial and non-custodial payout rails that reconcile gaming settlement times with on-chain liquidity.
Industry Implications
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Online Gambling Platforms — Operators could be transformed by integrating native crypto wallets, tokenized loyalty programs, and cross-border staking options that alter user acquisition and retention dynamics.
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Payment Processing Providers — Payment firms stand to be reshaped through hybrid fiat-crypto rails, instant on/off ramps, and risk-scoring engines tailored to digital-asset flows in regulated markets.
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Regulatory Compliance Services — Compliance vendors may evolve to offer automated, real-time licensure orchestration and proof-of-reserve attestations that bridge gaming regulation with blockchain transparency.