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Explore the sportsbooks we have reviewed that support Polygon (POL) for deposits, withdrawals or betting-related payments.

Sportsbooks That Support Polygon (POL)

Polygon (POL) Overview

POL is the native cryptocurrency of the Polygon ecosystem and the successor to MATIC. The upgrade took place on September 4, 2024, when POL replaced MATIC as the native gas token on the Polygon Proof-of-Stake network. Holders who already had MATIC on Polygon PoS were migrated automatically at a 1:1 ratio, while MATIC held on Ethereum can still be converted through Polygon’s official migration contract.

Polygon itself is designed to make blockchain transactions faster and cheaper while remaining closely connected to Ethereum. Its PoS network supports Ethereum-compatible smart contracts and applications, but typically with much lower transaction costs than using Ethereum mainnet directly.

POL now plays the central role previously held by MATIC. It is used to pay transaction fees on Polygon PoS and for staking, helping secure the network. Polygon’s longer-term plans also give POL a broader role across its expanding ecosystem of connected chains and Agglayer infrastructure.

For everyday crypto users, Polygon’s main attraction remains its speed and relatively inexpensive transfers. It supports a large ecosystem of wallets, exchanges, tokens and applications, while major assets such as USDT and USDC can also be transferred over the Polygon network.

That makes Polygon particularly useful for crypto betting. Bettors do not necessarily need to wager with POL itself to benefit from the network; stablecoins such as USDT can be deposited and withdrawn over Polygon where a sportsbook supports it. The combination of low network costs and fast confirmations can make it a practical alternative to moving the same assets over more expensive network

Polygon (POL) Live Price

Advantages of Using Polygon (POL)

Polygon can be a particularly practical network for crypto sportsbook payments because it combines low transaction costs with fast settlement. For bettors, its biggest advantage is often not simply depositing POL itself, but using the Polygon network to move other supported assets such as stablecoins quickly and cheaply.

  • Low transaction fees – Polygon PoS is designed for inexpensive transactions compared with Ethereum mainnet. That can make a noticeable difference when making smaller sportsbook deposits or frequent withdrawals, where network fees would otherwise take a larger percentage of the transfer.
  • Fast transactions – Polygon processes transactions quickly, making it well suited to sportsbook payments where you don’t want to wait around for funds to arrive. The final deposit or withdrawal time will still depend on how many confirmations the sportsbook requires and its own processing times.
  • Useful for smaller betting transactions – The combination of low fees and quick transfers makes Polygon particularly practical when moving relatively modest amounts. During our Sportsbet.io testing, for example, we deposited 20 USDT over Polygon and the full amount appeared in our balance in under a minute.
  • Wide wallet support – Polygon works with many established wallets, including MetaMask, Coinbase Wallet, Ledger and numerous other EVM-compatible options. This makes it relatively easy to manage POL and Polygon-based assets outside a sportsbook.
  • Useful beyond POL itself – Bettors don’t necessarily need to hold POL as their main betting currency to benefit from Polygon. Where supported, the network can also be used to move tokens such as stablecoins, while POL itself is used to pay gas fees on Polygon PoS. Since September 2024, POL has replaced MATIC as the network’s native gas token.
  • Familiar Ethereum-style experience – Polygon PoS is EVM-compatible, meaning users familiar with Ethereum wallets and addresses will generally find the ecosystem straightforward to use. Polygon Mainnet can also be added directly to wallets such as MetaMask, with POL used as the network currency.
  • Supported by crypto sportsbooks – Polygon has become a useful payment network at crypto-focused sportsbooks, particularly where operators allow assets such as USDT to be deposited over Polygon. This gives bettors another route for moving funds without relying on more expensive networks.

Drawbacks of Using Polygon (POL)

Polygon is well suited to sportsbook payments thanks to its low-cost and fast transactions, but there are still a few drawbacks bettors should understand before using it.

  • Network confusion – A sportsbook may support POL itself, USDT or USDC over Polygon, or a combination of these. Selecting the wrong network when depositing or withdrawing can potentially result in lost funds, so always check that both the sending wallet and sportsbook support Polygon for the specific asset.
  • MATIC to POL transition – Polygon replaced MATIC with POL as the native gas and staking token on Polygon PoS in September 2024. The migration was automatic for MATIC held on Polygon PoS, but MATIC held on Ethereum requires migration if users want to convert it to POL. Some older wallets and services may also still display the MATIC name, which can be confusing.
  • Price volatility – POL isn’t a stablecoin, so its value can rise or fall while you’re holding funds. Bettors primarily interested in maintaining a dollar-denominated balance may prefer to use USDT or USDC over the Polygon network rather than POL itself.
  • Less universal sportsbook support – Polygon is widely used across crypto, but POL isn’t accepted as a betting currency as consistently as Bitcoin, Ethereum or USDT. In many cases, its greater value to bettors comes from using the Polygon network to transfer another supported cryptocurrency.
  • POL may still be needed for gas – POL is the native gas token of Polygon PoS. When managing assets yourself, such as USDT in a non-custodial wallet, you may therefore need some POL available to pay the network fee for a transaction.