[Chicago, July 2026] Sweepspulse.com, the leading information source for sweepstakes casinos, announced the findings of its most recent survey today. According to the study’s data , approximately 34% of all U.S. bettors use cryptocurrency to fund their wagers on either sweepstakes platforms or other forms of gaming. The amount of bettors using cryptocurrency for financing represents a significant shift in how they can fund and manage their bets. The data illustrates a continued trend toward mass-market acceptance of digital currency by players accessing online casinos, sportsbooks, and sweepstakes platforms. In addition, the rapid payout process associated with digital currency (versus traditional banking options) appears to be driving much of this growth. Furthermore, the growing popularity of digital wallets is also increasing consumer confidence among casual gamers.
Data Highlights
- A total of 34 % of U.S. gamblers reported using cryptocurrencies at least once when betting.
- Bitcoin was the most commonly used cryptocurrency among gamblers, followed closely by Ethereum and USDT.
- Crypto users reported an average withdrawal time of six hours, which was much less than the time it typically takes (several days) to withdraw money through other payment methods.
- 41% of crypto users indicated faster payouts were their number one reason for using digital currencies.
- 26% of crypto users stated that being able to remain private was another major factor in deciding to use cryptocurrency.
- The largest age demographic to adopt cryptocurrencies is gamblers aged 25 to 34 years old.
Sweepstakes casinos and sportsbooks experienced the greatest growth rate in terms of crypto adoption, while traditional online casino customers appear to be adopting the technology at a slower pace, primarily due to existing familiarity with card and bank transfer options. While the majority of gamers noted that faster payout speeds were the main reason they are beginning to adopt digital currencies, they also note that the wait times associated with withdrawing funds from banks can often feel out of sync with how quickly transactions are completed in other areas of their lives.
As well as a generation gap in using cryptocurrency, the data indicates that older bettors (over 55) are still much less likely to use cryptocurrencies; and this is largely due to their lack of knowledge about how wallets and exchanges work, although they have expressed an interest in the faster payouts offered by cryptocurrencies.
Sweeps Pulse believes that there will be continued growth of the number of bettors adopting cryptocurrencies through 2026 based on the expectation that more online sports betting platforms will add support for more cryptocurrencies and make the processes easier for new users to deposit and withdraw from the platform.
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Contact Data
Maria Cruz
Head of Media Relations
Sweepspulse.com
[email protected]
This article is not intended as financial advice. Educational purposes only.
