how do you bet in BTC only sportsbooks with the volatility of BTC?

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  • DISTROYA
    SBR MVP
    • 04-26-12
    • 2911

    #1
    how do you bet in BTC only sportsbooks with the volatility of BTC?
    Tempted to open account in BTC book, but again...you place a BTC wager in the morning literally could change values in a few hours drastically no? I dont get how people do it.
    Lets say I deposit $1000 worth BTC. And next morning BTC tanks 20%....so I now have $800.00 in there?
    If I place $500 worrth BTC wager on lakers -5 for example, what if BTC value goes up or down rest of day? Lets say it doubles (just lets say), so know i have a $1000 risk wager?
    Appreciate any help, probably missing something it cant be like this format I explained, can it?
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