AmWager is First to Accept Cryptos as Viable Deposits When Betting on Live Horse Races
Recent announcements by the U.S. based ADW website, confirm that this shift in focus towards cryptocurrencies makes for an industry first. Government regulators issued the required go-ahead for the website to begin accepting deposits in cryptocurrency form.
ADW, or betting platforms in which a deposit is offered in advance of the wager, can benefit from this system as initial deposits can be made with both Bitcoin and Bitcoin Cash which offers betters numerous options for actively remaining in any given game.
The current international lead for cryptos payment solutions, BitPay, will partner with AmWager.com to facilitate payment processing. In order to deter trading related risks, BitPlay will instantly convert assets into traditional fiat assets equivalent to the current market value.
Although opening up betting platforms to cryptocurrency may appear to be the next step for companies such as AmWager.com, it, in fact, is a much larger leap and new concept particularly within the field of live horse racing.
As the first to take on the world of digital currency, AmWager.com keeps a watchful eye on the changes and impacts of crypto technology across all facets of the business.
The platform has a betting system structured online that accounts for multi-device access for active betters. As these unique features soon becoming a standard, bringing cryptocurrency into the world of live betting has kept AmWager.com in the lead of its industry.
Nelson Clemmens, the betting platform’s Chief Executive Officer, pointed out how innovative and ahead of the game AmWager.com is when stating that as the concept of cryptocurrencies make its way into the mainstream, revolutionizing the way payments are processed online,
AmWager.com seeks to be a leading force driving those transformations throughout. With that goal in mind, the betting platform partnered with BitPay as well as the Oregon Racing Commission to help facilitate the support and flow of digital currency across the ADW betting scene.