It’s getting really hard to deposit at sportsbooks

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  • big joe 1212
    SBR Posting Legend
    • 06-01-08
    • 19379

    #1
    It’s getting really hard to deposit at sportsbooks
    Many top books only have a few options like bitcoin, ************, and P2P.

    bitcoin has been a real pain in the ass lately with huge delays and volatility. Not to mention the ever increasing fees associated in every step. Instant buys cost 4%, then Coinbase uses processors overseas so card charges 3% more. Then you got transaction fees along the way and you have to worry about transfer delays that take days. It’s ok if you are getting a BTC bonus with the book to offset the costs. But no bonus really hurts. Too many fees to eat. You also never know when your money will arrive.

    books like Heritage don’t even have a processor available for P2P.

    ************ have been a pain in the ass too. Credit card companies will either decline or shut your card off. Then you need to do all the validation stuff, have your funds held by the book for X amount of days, and then you usually have fees involved.

    I’m almost ready to go back to local for my action! Too much of a headache to deposit these days!
  • funnyb25
    BARRELED IN @ SBR!
    • 07-09-09
    • 39659

    #2
    Bookmaker with card, cash out with bitcoin. Lock
    Comment
    • jjgold
      SBR Aristocracy
      • 07-20-05
      • 388189

      #3
      Don’t withdraw and deposit a lot that’s the key
      Comment
      • RudyRuetigger
        SBR Aristocracy
        • 08-24-10
        • 65086

        #4
        rebatewager.com

        cash back on losses
        Comment
        • Optional
          Administrator
          • 06-10-10
          • 60810

          #5
          There definitely needs to be some changes to the bitcoin system for depositing. But really, if you pay the high fee needed (about $20 currently) it's still getting there fairly fast and reliably. Most of the posts you see with delays are low fee issues. But even then many low fee transactions go through fine too.


          But, I think as an industry offshore needs to get shifted over to another primary crypto coin ASAP.

          One that takes minutes and cost cents. And will stay that way ongoing.

          I think which one mostly depends on ease of direct conversion to FIAT for the payment processors.
          .
          Comment
          • big joe 1212
            SBR Posting Legend
            • 06-01-08
            • 19379

            #6
            Originally posted by funnyb25
            Bookmaker with card, cash out with bitcoin. Lock
            Yes, that’s what I did this morning. However, my bank shut down my card afterwards until I verified it was me. The downside is that bookmaker is not one of my top books. Bad juice!
            Comment
            • big joe 1212
              SBR Posting Legend
              • 06-01-08
              • 19379

              #7
              Originally posted by RudyRuetigger
              rebatewager.com

              cash back on losses
              That book is dead to me. Also, you have the wrong website. They overhauled and are a lot worse now.
              Comment
              • big joe 1212
                SBR Posting Legend
                • 06-01-08
                • 19379

                #8
                Originally posted by Optional
                There definitely needs to be some changes to the bitcoin system for depositing. But really, if you pay the high fee needed (about $20 currently) it's still getting there fairly fast and reliably. Most of the posts you see with delays are low fee issues. But even then many low fee transactions go through fine too.


                But, I think as an industry offshore needs to get shifted over to another primary crypto coin ASAP.

                One that takes minutes and cost cents. And will stay that way ongoing.

                I think which one mostly depends on ease of direct conversion to FIAT for the payment processors.
                But buying bitcoin instantly is more costly. I don’t like waiting 5 business days for my funds to be available.
                Comment
                • big joe 1212
                  SBR Posting Legend
                  • 06-01-08
                  • 19379

                  #9
                  Originally posted by jjgold
                  Don’t withdraw and deposit a lot that’s the key
                  Another brilliant post!
                  Comment
                  • PAULYPOKER
                    BARRELED IN @ SBR!
                    • 12-06-08
                    • 36585

                    #10
                    Originally posted by big joe 1212
                    Yes, that’s what I did this morning. However, my bank shut down my card afterwards until I verified it was me. The downside is that bookmaker is not one of my top books. Bad juice!
                    They rob your ass coming and going..........
                    Comment
                    • RudyRuetigger
                      SBR Aristocracy
                      • 08-24-10
                      • 65086

                      #11
                      1. my post was a joke bro

                      2. I agree waste of time to deposit via bitcoin due to waiting long and fees...sure books like that but it is not the easiest for you
                      Comment
                      • MinnesotaFats
                        SBR Posting Legend
                        • 12-18-10
                        • 14758

                        #12
                        Bookmaker and BetUS never had issue w credit card deposits. Payout at BM the best but I love BetUS bonuses, etc
                        Comment
                        • DwightShrute
                          SBR Aristocracy
                          • 01-17-09
                          • 102460

                          #13
                          If you ain't using bitcoin, you are still renting movies from Blockbuster. VHS.

                          Why when there is Netflix? Don't fight it. Embrace it.
                          Comment
                          • funnyb25
                            BARRELED IN @ SBR!
                            • 07-09-09
                            • 39659

                            #14
                            Originally posted by big joe 1212
                            Yes, that’s what I did this morning. However, my bank shut down my card afterwards until I verified it was me. The downside is that bookmaker is not one of my top books. Bad juice!
                            Once you confirm it's you and activate international purchases you will never have a problem. Withdraw hits BC in 1 hour and into bank next day...It is very simple...Stick with it.
                            Comment
                            • PittsburghPlayer
                              SBR Hall of Famer
                              • 01-11-10
                              • 6760

                              #15
                              Originally posted by jjgold
                              Don’t withdraw and deposit a lot that’s the key
                              Comment
                              • JIBBBY
                                SBR Aristocracy
                                • 12-10-09
                                • 83691

                                #16
                                Use Creeedit Caards and just watch for fraud charges for a few weeks after.. Fast and easy... Instant funding..

                                Bitcoin is a disaster... Too many transfer fees, to much work and waiting times involved period.. Even cashing out to real currency takes some work with Bitcoin... I'm out..
                                Comment
                                • PittsburghPlayer
                                  SBR Hall of Famer
                                  • 01-11-10
                                  • 6760

                                  #17
                                  JIBBBYis 99% correct

                                  unless someone writes that he is less than 99%,
                                  if so
                                  then fukk JIBBBY
                                  Comment
                                  • JIBBBY
                                    SBR Aristocracy
                                    • 12-10-09
                                    • 83691

                                    #18
                                    I'll probably still cash out with Bitcoin for a while as that's a fast process over most other methods..
                                    Comment
                                    • RudyRuetigger
                                      SBR Aristocracy
                                      • 08-24-10
                                      • 65086

                                      #19
                                      Originally posted by DwightShrute
                                      If you ain't using bitcoin, you are still renting movies from Blockbuster. VHS.

                                      Why when there is Netflix? Don't fight it. Embrace it.
                                      those with bitcoins definitely should NOT have been depositing into sportsbooks

                                      those without bitcoins definitely should NOT deposit into sportsbook due to fees, wait time, etc
                                      Comment
                                      • RudyRuetigger
                                        SBR Aristocracy
                                        • 08-24-10
                                        • 65086

                                        #20
                                        Originally posted by RudyRuetigger
                                        those with bitcoins definitely should NOT have been depositing into sportsbooks

                                        those without bitcoins definitely should NOT deposit into sportsbook due to fees, wait time, etc
                                        in conclusion,

                                        i see no reason why you would deposit from bitcoin to sportsbooks

                                        incase you fukks missed that
                                        Comment
                                        • DwightShrute
                                          SBR Aristocracy
                                          • 01-17-09
                                          • 102460

                                          #21
                                          Originally posted by RudyRuetigger
                                          those with bitcoins definitely should NOT have been depositing into sportsbooks

                                          those without bitcoins definitely should NOT deposit into sportsbook due to fees, wait time, etc
                                          we will agree to disagree. Its the only way to go IMO.
                                          Comment
                                          • RudyRuetigger
                                            SBR Aristocracy
                                            • 08-24-10
                                            • 65086

                                            #22
                                            Originally posted by DwightShrute
                                            we will agree to disagree. Its the only way to go IMO.
                                            so you have made 17x your bitcoin deposit at a sportsbook this year??

                                            start posting plays bro
                                            Comment
                                            • PAULYPOKER
                                              BARRELED IN @ SBR!
                                              • 12-06-08
                                              • 36585

                                              #23
                                              Comment
                                              • DwightShrute
                                                SBR Aristocracy
                                                • 01-17-09
                                                • 102460

                                                #24
                                                Originally posted by RudyRuetigger
                                                so you have made 17x your bitcoin deposit at a sportsbook this year??

                                                start posting plays bro
                                                no one is saying sell your bitcoin. Keep it if you want. I do. 2 separate things.


                                                if you want to gamble on sports and u live in the US, send money via bitcoin to your book. That's what everyone does. No I don't mean literally everyone.
                                                Comment
                                                • Snowball
                                                  BARRELED IN @ SBR!
                                                  • 11-15-09
                                                  • 30042

                                                  #25
                                                  Originally posted by RudyRuetigger
                                                  in conclusion,

                                                  i see no reason why you would deposit from bitcoin to sportsbooks

                                                  incase you fukks missed that
                                                  Because some of the best ones have a rule that in order to WD
                                                  via BTC you need to have deposited via BTC, not CC.
                                                  Comment
                                                  • RudyRuetigger
                                                    SBR Aristocracy
                                                    • 08-24-10
                                                    • 65086

                                                    #26
                                                    Originally posted by DwightShrute


                                                    if you want to gamble on sports and u live in the US, send money via bitcoin to your book. That's what everyone does. No I don't mean literally everyone.
                                                    yea but i just said why you shouldn't

                                                    1. high fees

                                                    2. takes 5 days
                                                    Comment
                                                    • DwightShrute
                                                      SBR Aristocracy
                                                      • 01-17-09
                                                      • 102460

                                                      #27
                                                      Originally posted by RudyRuetigger
                                                      yea but i just said why you shouldn't

                                                      1. high fees

                                                      2. takes 5 days
                                                      what takes 5 days?

                                                      maybe if you are new to coinbase and you use the bank account. If you use CC then its instant. Then, your bank account also becomes instant. Gemini, you pre register and in 3-4 days you are confirmed and you can do 500 a day (15000 a month) instantly from the bank account. You can also do a wire up to 10,000 in less than a day.
                                                      Comment
                                                      • Optional
                                                        Administrator
                                                        • 06-10-10
                                                        • 60810

                                                        #28
                                                        Originally posted by big joe 1212

                                                        But buying bitcoin instantly is more costly. I don’t like waiting 5 business days for my funds to be available.
                                                        If you choose Wire instead of ACH bank transfer it's a lot quicker. They say 2-3 days but it can be overnight for some banks.

                                                        And if you want to buy an amount like 5k instantly with a card, the fee is 5% at Bitstamp now. That's not too bad?
                                                        .
                                                        Comment
                                                        • Optional
                                                          Administrator
                                                          • 06-10-10
                                                          • 60810

                                                          #29
                                                          Originally posted by DwightShrute
                                                          what takes 5 days?

                                                          maybe if you are new to coinbase and you use the bank account. If you use CC then its instant. Then, your bank account also becomes instant. Gemini, you pre register and in 3-4 days you are confirmed and you can do 500 a day (15000 a month) instantly from the bank account. You can also do a wire up to 10,000 in less than a day.
                                                          This must be the new instant ACH approvals they have been talking about.

                                                          I don't think everyone has this as an option just yet but good to hear from someone with it working.
                                                          .
                                                          Comment
                                                          • RudyRuetigger
                                                            SBR Aristocracy
                                                            • 08-24-10
                                                            • 65086

                                                            #30
                                                            Originally posted by Snowball
                                                            Because some of the best ones have a rule that in order to WD
                                                            via BTC you need to have deposited via BTC, not CC.
                                                            not A+ books bro
                                                            Comment
                                                            • RudyRuetigger
                                                              SBR Aristocracy
                                                              • 08-24-10
                                                              • 65086

                                                              #31
                                                              Originally posted by Optional
                                                              This must be the new instant ACH approvals they have been talking about.

                                                              I don't think everyone has this as an option just yet but good to hear from someone with it working.
                                                              yea Dwight

                                                              good to hear bro

                                                              is this true???
                                                              Comment
                                                              • Booya711
                                                                BARRELED IN @ SBR!
                                                                • 12-20-11
                                                                • 27329

                                                                #32
                                                                Bet with local....better than all this nonsense

                                                                or move to Nevada
                                                                Comment
                                                                • RudyRuetigger
                                                                  SBR Aristocracy
                                                                  • 08-24-10
                                                                  • 65086

                                                                  #33
                                                                  Originally posted by Booya711
                                                                  Bet with local....better than all this nonsense

                                                                  or move to Nevada
                                                                  i thought you were like phillyguy

                                                                  then i saw vid with jj and thought ok maybe in with sbr

                                                                  now i see this post

                                                                  booya you are really confusing bro

                                                                  i think you are making me bipolar
                                                                  Comment
                                                                  • DwightShrute
                                                                    SBR Aristocracy
                                                                    • 01-17-09
                                                                    • 102460

                                                                    #34
                                                                    Originally posted by Optional
                                                                    This must be the new instant ACH approvals they have been talking about.

                                                                    I don't think everyone has this as an option just yet but good to hear from someone with it working.
                                                                    I have watched youtube videos of people explaining how coinbase works. One of them said that he has that option now. The problem with coinbase its its IP sensitive so I can't do it from Costa Rica.

                                                                    Gemini you can - https://www.youtube.com/watch?v=wC82MHANI34
                                                                    Comment
                                                                    • dante1
                                                                      BARRELED IN @ SBR!
                                                                      • 10-31-05
                                                                      • 38647

                                                                      #35
                                                                      Originally posted by DwightShrute
                                                                      no one is saying sell your bitcoin. Keep it if you want. I do. 2 separate things.


                                                                      if you want to gamble on sports and u live in the US, send money via bitcoin to your book. That's what everyone does. No I don't mean literally everyone.

                                                                      I guarantee you this guy does not have a bitcoin account, I will wager on it. Just another fckin lie. Plus I don't even think he gambles.
                                                                      Comment
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