How to Fund Your Bet105 Account with Cryptocurrency: A Complete Coinbase Guide

Funding your offshore sportsbook account doesn’t have to be complicated. In this comprehensive guide, we’ll walk you through the exact process of purchasing cryptocurrency and depositing it into your Bet105 account using Coinbase, one of the most popular and user-friendly crypto platforms available.

This article is based on the detailed video tutorial by West Coast Arbs: How to Buy Crypto and Fund Your Offshore Sportsbook w/ Bet105 (Part 1: Coinbase). Whether you’re new to cryptocurrency or just getting started with Bet105, this step-by-step process will have you betting in no time.

Why Choose Cryptocurrency for Sportsbook Deposits?

Before diving into the process, it’s worth understanding why cryptocurrency has become the preferred method for funding offshore sportsbook accounts:

• Speed: Crypto transactions typically process within 30 minutes to 1 hour
• Privacy: Enhanced transaction privacy compared to traditional banking
• Accessibility: No restrictions from banks that may block gambling-related transactions
• Lower fees: Reduced transaction costs compared to wire transfers or credit cards

Step 1: Setting Up Your Coinbase Account

While there are several cryptocurrency platforms available (Kraken, Crypto.com, Binance), Coinbase remains one of the most beginner-friendly options. If you don’t already have a Coinbase account, you’ll need to:

1. Visit Coinbase.com and create an account
2. Complete the identity verification process
3. Link your bank account or debit card for funding

Step 2: Depositing Cash to Coinbase

Once your Coinbase account is set up:

1. Click “Deposit Cash” on your dashboard
2. Enter the amount you wish to deposit (e.g., $100)
3. Select your funding source (bank account recommended for lower fees)
4. Complete the deposit: funds are usually available instantly for trading

Step 3: Purchasing Bitcoin

Here’s where many users make a costly mistake. While Coinbase offers a simple “buy” button, using this method results in higher fees. For a $100 Bitcoin purchase, you might pay $1.84 in fees using the standard method.

The Fee-Saving Method:

1. Navigate to the Advanced tab in the bottom left corner
2. Turn on Advanced mode
3. Don’t be intimidated by the trading interface, focus only on the right side
4. Under “Available to trade,” you’ll see your cash balance
5. Select “Limit” as your order type
6. Enter your desired purchase amount ($100)
7. Notice the fee is now only $0.74, a 50% savings!
8. Click “Buy Bitcoin” to complete the transaction

Step 4: Initiating Your Bet105 Deposit

Now that you have Bitcoin in your Coinbase wallet:

1. Log into your Bet105 account
2. Click on your account menu (top right corner)
3. Select “Deposit”
4. Enter the amount you want to transfer (e.g., $100 worth of Bitcoin)
5. Click “Confirm”

Step 5: The Critical Step – Copying Your Wallet Address

This is the most important part of the process:

1. Bet105 will display a unique wallet address, a long alphanumeric string
2. Click the copy icon next to this address
3. Never type this address manually – always copy and paste to avoid errors

Step 6: Sending Bitcoin from Coinbase to Bet105

Back in your Coinbase account:

1. Click “Send Crypto” (bottom right of your screen)
2. Paste the wallet address you copied from Bet105
3. Select the address from the search results
4. Choose Bitcoin as your cryptocurrency
5. Enter the same amount you specified in Bet105 ($100)
6. Review all details carefully
7. Click “Send”
8. Complete any additional security verification (password, 2FA)

Step 7: Confirming Your Deposit

Final steps:

1. Return to your Bet105 account
2. Click “Confirm Deposit” and “Continue”
3. Wait for the transaction to process (typically 30 minutes to 1 hour)

Important Tips for Success

Double-Check Everything: Cryptocurrency transactions are irreversible. Always verify wallet addresses and amounts before sending.

Transaction Timing: Bitcoin network congestion can affect processing times. During peak periods, transactions may take slightly longer.

Fee Considerations: While crypto fees are generally low, they do exist. Factor these into your deposit amount if you’re trying to meet a specific balance.

Security First: Never share your wallet addresses publicly or use them for multiple transactions without verification.

Troubleshooting Common Issues

Transaction Not Showing: If your Bitcoin doesn’t appear after an hour, check the transaction status on Coinbase and contact Bet105 support if needed.

Incorrect Amount: Ensure you’re sending the exact amount specified in your Bet105 deposit request.

Network Fees: Small discrepancies in received amounts are normal due to network processing fees.

Why Bet105 for Crypto Betting?

Bet105 has established itself as a premier destination for cryptocurrency-funded sports betting, offering:

• Competitive odds across all major sports
• Fast crypto processing times
• Responsive customer support
• Wide variety of betting markets
• Mobile-friendly platform

Ready to Start Betting?

With your Bet105 account now funded, you’re ready to explore the extensive betting options available. From NFL and NBA to international soccer and tennis, Bet105 offers competitive lines on thousands of events daily.

Remember to bet responsibly and never wager more than you can afford to lose. The cryptocurrency funding method outlined in this guide provides a secure, efficient way to manage your sportsbook bankroll while maintaining your privacy and avoiding traditional banking restrictions.