Can you withdraw BTC from a sportsbook directly to Kraken?

**Daddy89** · 05-09-18, 03:34 PM

Just provide the wallet address. In my case, I've sent BTC from my book to Bitfinex without a problem. Try a small amount. You can also use blockchain.info but will cost you more fees :/

**mrpapageorgio** · 05-09-18, 07:34 PM

Originally posted by ronald

I recall that Coinbase frowned upon gambling transactions, so it was advised to use a middle man like blockchain.info

What about Kraken? Should I also be using blockchain.info as a middle man between Kraken and sportsbooks?

For U.S. users, their terms also state you can't use their services for gambling. https://www.kraken.com/en-us/legal

IMO, personally, I don't know how they can catch you for sending BTC to a book as long as the address the book provides has no previous transactions, but I've never been comfortable receiving a withdrawal from a book since who knows what transactions are associated with the sending address. You could get away with it 100 times, but they only have to catch you once before locking your account.

**ronald** · 05-09-18, 07:44 PM

Originally posted by mrpapageorgio

For U.S. users, their terms also state you can't use their services for gambling. https://www.kraken.com/en-us/legal

IMO, personally, I don't know how they can catch you for sending BTC to a book as long as the address the book provides has no previous transactions, but I've never been comfortable receiving a withdrawal from a book since who knows what transactions are associated with the sending address. You could get away with it 100 times, but they only have to catch you once before locking your account.

Sharp post.