Gamblers Watch as Bitcoin Storms Back Over $600
It has been a winning weekend for speculators and bitcoin sportsbook gamblers that keep portions of their bankroll in hot wallets or with sportsbooks that keep deposits in bitcoin.
Bitcoin was trading at $574 upon closing Friday and ended the day Saturday near $600, and as of this publication is knocking on the doors of $610.
Online sports bettors who had even a $1,500 bankroll in bitcoin made nearly $100 this weekend without placing a single sports bet. The digital currency has been stable since the BitFinex incident and has averaged around $579 for the last 30 days.
Users can shop for a bitcoin accepting sportsbook using the betting sites rating guide.
Sportsbook Review reported recently why bitcoin is not going away and why sports gamblers should care.