[Bill Dozer]

Originally posted on 08/19/2014:

There has been a new group of bettors asking us about bitcoin sportsbooks. A lot of them are land gamblers who are looking to bet bitcoins online pretty much because of having bitcoins and they haven't looked at betting online before. Also surprising is its players all over the world who want to bet bitcoins. To me it's a lot like the old days where books were popping up overnight and everything is anonymous. Some people will send their bitcoins to a book based on how they treat the currency and just doing a search online. Peope are surprisingly trusting with these companies because they are set up in bitcoins despite books like BTCsportsbet stealing balances before closing. Now mainstream companies are taking bitcoin which will lead to more sportsbooks like 5dimes who are newly taking bitcoins but not cashing out all winnings in them.

So what we'd like to know in developing a list of bitcoin sportsbooks is, what factors matter? Obviously security and complaints and time online but specifically bitcoin related functionality. So far we are researching---


- If bitcoin balances are converted to dollars?
This apparently lets users not sweat their balance as far as currency trading while the money is with the sportsbooks.

- Does the sportsbook offer to service players exclusively in bitcoins?
Books are more and more willing to accept bitcoins yet some, especially the books that aren't exclusively bitcoin books, are only willing to give you back what you deposited in bitcoins.

- Is the sportsbook anonymous?
While its debatable how anonymous bitcoins actually are, folks who trade in bitcoin are often expecting not to have to submit IDs or licenses and in general think they can at least for now, avoid being profiled by a sportsbook as a sharp bettor.

What other factors matter in the bitcoin sports betting universe?

[sports_quant99]

oops, sorry, i didnt realize nominating created a new thread, you can delete this thread if you want :-)