Onyx Odds offers a way to make sports picks with virtual currency called Onyx Coins. It mirrors the experience of traditional legal sports betting apps, allowing users to make picks on major leagues such as the NBA and NFL.
How the Onyx Odds Platform Works
Onyx Odds is a free-to-play social sportsbook and prediction platform. Users make sports picks with Onyx Coins, a virtual currency. Winning picks earn additional Onyx Coins, helping users progress through loyalty tiers and unlock Onyx Cash.
Onyx Cash can be redeemed for real money. The platform operates in a sweepstakes-style format.
This offers sports fans in states without regulated sports betting a compliant way to make predictions through a sweepstakes-style platform.
Claiming Free Picks with the Promo Code
The Onyx Odds promo code is BOOKIES. New users who sign up and use this bonus can play $10 and get $100 in free picks.
Redeeming Onyx Cash
Onyx Cash can be redeemed for real money. To cash out, you need to complete the 1x playthrough requirement and accumulate at least $20 in Onyx Cash.
Redemptions convert at a 1:1 rate, meaning $1 in Onyx Cash equals $1 in real money. You can withdraw funds via bank transfer or PayPal.
Withdrawal Times
Withdrawal times at Onyx Odds vary based on the payment method selected. They typically range from one to seven business days.
Faster options such as debit cards and PayPal usually process more quickly. Bank transfers can take up to a week to complete.
Legality and Availability
The platform operates under a sweepstakes model. It is open to users aged 18 and over in most U.S. states.
Because no real money is placed at risk on predictions, it does not fall under traditional gambling laws. However, users should always review the specific rules tied to each market.
Adam Martin, a betting analyst and DFS betting expert for Bookies.com, has covered professional sports, with an emphasis on sports gambling, for more than a decade.
Identity verification is required when users are ready to withdraw to comply with regulations.