What price/exchange is Bodog using for their BTC deposits?

Optional · 03-09-18, 09:43 AM

Some time back there was a thread on here discussing it and Bovada advised they use the current price at Bitstamp and will hold it as valid if sent within 15 mins.

Not 100% sure that remains the case though.

I think they give you a quoted rate, so you should be able to compare it and check for yourself before actually depositing.

k13 · 03-09-18, 03:05 PM

Yeah, they give you a quoted rate and 15 mins but trying to figure out where it comes from.

TheMoneyShot · 03-09-18, 06:26 PM

I don't know who they use either? But typically... you lose around a $1.50 a transaction.

I've noticed Bookmaker is extremely fair on the exchange. Even 5Dimes is a lot better on the exchange.

Optional · 03-09-18, 09:31 PM

Originally posted by k13

Yeah, they give you a quoted rate and 15 mins but trying to figure out where it comes from.

Get a quote for a deposit and compare it to the current buy price at Bitstamp.com

Optional · 03-09-18, 09:37 PM

Originally posted by TheMoneyShot

I don't know who they use either? But typically... you lose around a $1.50 a transaction.

I've noticed Bookmaker is extremely fair on the exchange. Even 5Dimes is a lot better on the exchange.

A $1.50 difference when the rate is over $8000 does not seem like any sort of issue to me. Unless I am misunderstanding what you are saying

k13 · 03-11-18, 01:55 PM

Is Bitcon Cash still counts as a bitcoin bonus deposit?

TheMoneyShot · 03-11-18, 05:56 PM

Originally posted by Optional

A $1.50 difference when the rate is over $8000 does not seem like any sort of issue to me. Unless I am misunderstanding what you are saying

Basically what I'm saying is.... when I deposit into 5Dimes... Heritage... Or Bookmaker... It usually breaks even.

Every time you use Bitcoin at Bovada... you always lose on the back end. Always always always. Not once will you ever gain. I feel like there's always an extra $1.00 surcharge for whatever reason??? I'm sure it's Bovada's system.... but it's like clockwork.

Now, when you receive a PO from Bovada... it seems pretty much right on. It's just something I've noticed with my last 3 Bitcoin deposits at Bovada.

Optional · 03-12-18, 03:57 AM

Originally posted by k13

Is Bitcon Cash still counts as a bitcoin bonus deposit?

I'd guess it would but I would double check before sending.

Originally posted by TheMoneyShot

Basically what I'm saying is.... when I deposit into 5Dimes... Heritage... Or Bookmaker... It usually breaks even.

Every time you use Bitcoin at Bovada... you always lose on the back end. Always always always. Not once will you ever gain. I feel like there's always an extra $1.00 surcharge for whatever reason??? I'm sure it's Bovada's system.... but it's like clockwork.

Now, when you receive a PO from Bovada... it seems pretty much right on. It's just something I've noticed with my last 3 Bitcoin deposits at Bovada.

5Dimes use the avg of Buy/Sell at Bitstamp too (I think)

So if Bovada use the Sell price that would make sense it being slightly less.