First State Delaware Sports Wagering Tuesday

[TheSchafe]

Yessir toniest. I can see the governor auto-dialing, leaving voicemails for his lock of the year by the weekend hahahaa

[pilebuck13]

Fukin square as fuk even most books in Vegas are square as well....I remember I had to get approval on college game treasure island 1k ml bet not even dog! Lol what a bubble gum book that is...see these old fuks in there with their pencils gtfo

[jjgold]

Because you will get paid if you win. You won't have the hassle of a withdrawal fee. The check won't get lost in the mail. You won't have to deal with Bitcoin, or Walmart, or bonus rollovers. You won't be breaking the law placing a wager, and you won't be sending money to Maria Conchita Alonzo in Peru or Honduras, or wherever. The Feds are coming when the states get this in place..... and offshore will fade into the sunset, because the square players will be betting at the legal sportsbook. The only ones offshore will be the credit players and the sharps.

you have to live close..I am not driving 1 hr to withdraw and deposit

so inefficient

[Legions36]

Because you will get paid if you win. You won't have the hassle of a withdrawal fee. The check won't get lost in the mail. You won't have to deal with Bitcoin, or Walmart, or bonus rollovers. You won't be breaking the law placing a wager, and you won't be sending money to Maria Conchita Alonzo in Peru or Honduras, or wherever. The Feds are coming when the states get this in place..... and offshore will fade into the sunset, because the square players will be betting at the legal sportsbook. The only ones offshore will be the credit players and the sharps.

Most people love dealing with Bitcoin, the only ones who complain are the the ones who don't use it or know how too.
P2P is 10 years outdated, I didn't even know people were still doing this.
Break what law to place a bet?
When you play at the good books they always pay.
Not once has a check got lost.

[jjgold]

Most people love dealing with Bitcoin, the only ones who complain are the the ones who don't use it or know how too.
P2P is 10 years outdated, I didn't even know people were still doing this.
Break what law to place a bet?
When you play at the good books they always pay.
Not once has a check got lost.

10xxxxxxxx better than legal wagering

[Legions36]

10xxxxxxxx better than legal wagering

I can't come up with one good reason not to play offshore, your so right.

[sweep]

[Roscoe_Word]

Just as a hypothetical, lets move $100 from bank to Coinbase or Gemini (there's probably a hundred more exchanges by now)

When the transaction hits, what's the total that's in our Coinbase or Gemini account?

An honest and conservative answer might be $93.

That's a 7% fee right there. We're not talking about BTC price fluctuations, we're talking about the transmission fee, (charged by the BTC Exchange) to take money from your bank and put it into your (Coinbase, Gemini, ect) account.

Down 7% before a bet has even been placed.

We know that a BTC Exchange can be funded by a wire. But what's that? About $100 to $150?

Some people are OK with an Exchange (like Coinbase or Gemini, ect) having your bank acct #, and some are not.

I don't think its (for some) not knowing how to use BTC. The tutorials and member help given in the Bitcoin Betting section was (and is) invaluable.

It could be the Exchange's charges or the wire fees that turn some people off.

I almost forgot about the BitPay Card fee for converting BTC to USD. I think (only did it once) it's about 20%!

Agree with the folks who say that having to physically go to the sports book is inconvenient.

But like a poster said, it's probably only a matter of time before that's rectified.

I didn't know that you could play offshore with credit. I though a post-up was required. Live and Learn.

There are pros and cons (IMO) to offshore vs localized. It depends on the player's perspective.

[jjgold]

Many offshore places offer credit but you need to know a local agent and play with a credible book

[Legions36]

Just as a hypothetical, lets move $100 from bank to Coinbase or Gemini (there's probably a hundred more exchanges by now)

When the transaction hits, what's the total that's in our Coinbase or Gemini account?

An honest and conservative answer might be $93.

That's a 7% fee right there. We're not talking about BTC price fluctuations, we're talking about the transmission fee, (charged by the BTC Exchange) to take money from your bank and put it into your (Coinbase, Gemini, ect) account.

Down 7% before a bet has even been placed.

We know that a BTC Exchange can be funded by a wire. But what's that? About $100 to $150?

Some people are OK with an Exchange (like Coinbase or Gemini, ect) having your bank acct #, and some are not.

I don't think its (for some) not knowing how to use BTC. The tutorials and member help given in the Bitcoin Betting section was (and is) invaluable.

It could be the Exchange's charges or the wire fees that turn some people off.

I almost forgot about the BitPay Card fee for converting BTC to USD. I think (only did it once) it's about 20%!

Agree with the folks who say that having to physically go to the sports book is inconvenient.

But like a poster said, it's probably only a matter of time before that's rectified.

I didn't know that you could play offshore with credit. I though a post-up was required. Live and Learn.

There are pros and cons (IMO) to offshore vs localized. It depends on the player's perspective.

Maybe a small fee to buy and sell into bitcoins from exchanges but I don't remember the last time it cost anything like your saying. The reason you pay the initial fee is to buy into the system and you will want to stay into the system somehow for as long as you can, not take it back to your bank. Once you do this your good and everything evens itself out over time.

[convick]

Most people love dealing with Bitcoin, the only ones who complain are the the ones who don't use it or know how too.
P2P is 10 years outdated, I didn't even know people were still doing this.
Break what law to place a bet?
When you play at the good books they always pay.
Not once has a check got lost.

You learn something new every day around this place. Didn't know it was against the law to place bets offshore. All along I thought the ones that were breaking the law were the offshore books and/or the financial institutions helping us deposit.

[jjgold]

Legal betting is better than nothing but let’s face it this is a terrible product Compared to offshore and they made a poor choice going with William Hill the worst Las Vegas sports provider

[StackinGreen]

He's a member of the Tribe, sad that they wittingly or unwittingly praise this con artist, but as I said, Dan Katz and guys like PFT commenter are the obvious links/offenders.

Might as well get Teddy Covers on the case while you're at it, guys. Jeez

[jjgold]

Only one state line is terrible too

[Sam Odom]

JJ , offshore numbers were down yesterday

[DiggityDaggityDo]

Yessir toniest. I can see the governor auto-dialing, leaving voicemails for his lock of the year by the weekend hahahaa

After this big win he is hooked.

He will be posting here soon.

[ZINISTER]

I have had the same local book for 20+ years. He recently offered PPH online betting to us players. We have been betting online with phone or PC for 2 years. We have a number we have mutually agreed on. When the losses or winnings reach the number we square up. The site he has us use is easy to place your wager. I have read that these new state run sports betting mobile apps will be monitored and reported to the IRS. I can't see people wanting that to happen. I deposit "NO" $$$. The site just allows us to place our bets. I have a book with a Rock Solid reputation! He will not be hurt by Ohio spots betting casinos at all. His players are "Lucky" to have him as their book. Not many of him still around.

[Optional]

Just as a hypothetical, lets move $100 from bank to Coinbase or Gemini (there's probably a hundred more exchanges by now)

When the transaction hits, what's the total that's in our Coinbase or Gemini account?

An honest and conservative answer might be $93.

That's a 7% fee right there. We're not talking about BTC price fluctuations, we're talking about the transmission fee, (charged by the BTC Exchange) to take money from your bank and put it into your (Coinbase, Gemini, ect) account.

Down 7% before a bet has even been placed.

SNIPPED

Roscoe, why is it that only you and AbeHonest insist these fees exist and every time either of you posts another long dissertation claiming this same rubbish about 7% fees that everyone who actually uses Bitcoin replies that you are wrong?

[jjgold]

Going to a sports biook is way more costly In gas and tolls Then bitcoin fees


It seems like Delaware is going to fuk this up

[Underdog5229]

Just as a hypothetical, lets move $100 from bank to Coinbase or Gemini (there's probably a hundred more exchanges by now)

When the transaction hits, what's the total that's in our Coinbase or Gemini account?

An honest and conservative answer might be $93.

That's a 7% fee right there. We're not talking about BTC price fluctuations, we're talking about the transmission fee, (charged by the BTC Exchange) to take money from your bank and put it into your (Coinbase, Gemini, ect) account.

Down 7% before a bet has even been placed.

We know that a BTC Exchange can be funded by a wire. But what's that? About $100 to $150?

Some people are OK with an Exchange (like Coinbase or Gemini, ect) having your bank acct #, and some are not.

I don't think its (for some) not knowing how to use BTC. The tutorials and member help given in the Bitcoin Betting section was (and is) invaluable.

It could be the Exchange's charges or the wire fees that turn some people off.

I almost forgot about the BitPay Card fee for converting BTC to USD. I think (only did it once) it's about 20%!

Agree with the folks who say that having to physically go to the sports book is inconvenient.

But like a poster said, it's probably only a matter of time before that's rectified.

I didn't know that you could play offshore with credit. I though a post-up was required. Live and Learn.

There are pros and cons (IMO) to offshore vs localized. It depends on the player's perspective.

bitpay was about $1 the last time I loaded 200$ on it.

[StackinGreen]

Going to a sports biook is way more costly In gas and tolls Then bitcoin fees
It seems like Delaware is going to fuk this up

It's a [small gain] leader for foot traffic, ultimately, you know this JJ

It basically creates more excitement and a souped up sports bar. Vegas, there, anywhere. Let's be real.

[Harry N. Lloyd]

Where's Jack Ruby when you need him.....?

[Roscoe_Word]

bitpay was about $1 the last time I loaded 200$ on it.

Let me know what happens when you convert $200 of BTC to USD on your bitpay card. That $200 will shrink to about $170.

"Loading" is no problem; try "unloading".

[Sam Odom]

Just not true Roscoe on the Bitpay conversion

[jjgold]

I repeat I’m on -105 player I will destroy anyone here in savings that plays a walk up sports book

It's a [small gain] leader for foot traffic, ultimately, you know this JJ

It basically creates more excitement and a souped up sports bar. Vegas, there, anywhere. Let's be real.

[Roscoe_Word]

My memory's not the best, Sam: but I was shocked (shocked) when I "cashed out" to USD on my BitPay. That was the last time I used it.

[5mike5]

Let me know what happens when you convert $200 of BTC to USD on your bitpay card. That $200 will shrink to about $170.

"Loading" is no problem; try "unloading".

not true when i do it

unless something has changed very recently

[Roscoe_Word]

You fellas are saying that if a BitPay Cardholder had a card with, say, a balance of $200 in BTC, then converted (on the card) to USD, the loss would be negligible?

What percent would you guys say?

I said 30% in post 128, but admit that was exaggerated.

But I'll stick to my claim of 20%.

IMO, 10% is too high.

[convick]

not true when i do it

unless something has changed very recently

Last few times I've loaded my bitpay card with BTC they've charged me less than a dollar. For both network fees and transaction/miner fees.

But I guess the guy that did it only once knows more than everyone else.

Loading means converting btc to usd, just so you know what everyone means when they say "load". Can't believe we even have to explain that.

[Roscoe_Word]

Last few times I've loaded my bitpay card with BTC they've charged me less than a dollar. For both network fees and transaction/miner fees.

But I guess the guy that did it only once knows more than everyone else.

Loading means converting btc to usd, just so you know what everyone means when they say "load". Can't believe we even have to explain that.

"

Last few times I've loaded my bitpay card with BTC..."

"

Loading means converting btc to usd, just so you know what everyone means when they say "load".

Which is it? Never mind......2+2=5

[Drydin]

They just said on Radio here that Handle for Delaware 1st day was $300,000

[sweep]

rather bet at Delaware Park than Betdsi park

[Sam Odom]

seems like jjgold is wrong wrong wrong again...

[jjgold]

Bookmaker average is about $1 million a day on one baseball game worldwide game over


I rather play at -105 offshore than get it in the ass legally

[5mike5]

Bookmaker average is about $1 million a day on one baseball game worldwide game over


I rather play at -105 offshore than get it in the ass legally

Yes