Who's currently using Bitcoins for payouts and deposits?

**BriGuy** · 07-02-17, 03:32 PM

I'm thinking of making the plunge for this football season... I'm just worried about shifting away from what I already know and understand....

**LineShifterz** · 07-02-17, 05:03 PM

Originally posted by qwertvt

What service do you use for deposits?

also

Can transactions be done using a smartphone?

Any insight would be appreciated.

buying bitcoins = Coinbase (mobile and desktop)
withdrawl from sportsbook= mycelium ( mobile) /blockchain (mobile and desktop) and than send to Coinbase and link your bank account info and than youll be able to transfer you bitcoin into $$$ than to your bank acc.

if you are sending bitcoins to a sportsbook i reccomend transferring to a wallet first (such as mycelium or blockchain ...blockchain have no fees)

if you try sending bitcoins from a wallet like coinbase to a sportsbook they have the ability to freeze your account if they find out its for gambling purposes .... so like i said before just transfer to another wallet after depositing from coinbase to avoid this ....

**shocka1212** · 07-02-17, 07:07 PM

request payout on Monday... money in your bank account by Thursday... thats hard to compete with.. last check took 21 days to get to me...

**RoyBacon** · 07-02-17, 09:09 PM

Originally posted by LineShifterz

buying bitcoins = Coinbase (mobile and desktop)
withdrawl from sportsbook= mycelium ( mobile) /blockchain (mobile and desktop) and than send to Coinbase and link your bank account info and than youll be able to transfer you bitcoin into $$$ than to your bank acc.

if you are sending bitcoins to a sportsbook i reccomend transferring to a wallet first (such as mycelium or blockchain ...blockchain have no fees)

if you try sending bitcoins from a wallet like coinbase to a sportsbook they have the ability to freeze your account if they find out its for gambling purposes .... so like i said before just transfer to another wallet after depositing from coinbase to avoid this ....

Good point.

Bottonline is don't send directly from Coinbase to a sportsbook. Send first to your private wallet like at blockchain.info. For whatever reason CB does try to track. If you send your btc to a private wallet it throws them off the scent. It's a shame they even care where we send our btc but they do.

**pattymayo** · 07-02-17, 09:25 PM

If you happen to live close to a bitcoin ATM (I'm in NYC and there are plenty) then I highly recommend it. You can go to a bitcoin ATM, deposit whatever you want pretty much instantly, say you go on a heater, win, you can then go to an ATM and withdraw. Granted, most bitcoins in NYC that accept BTC do not offer withdraw, but there are some that do. Theoretically, you could go to a bitcoin ATM in NYC, deposit $300, win, and then go to a BTC ATM that offers withdraws and take out $600, just like that. You might have to wait a little bit for the confirmation, and obviously pay fees, but it is that quick and anonymous.

**LineShifterz** · 07-03-17, 03:46 AM

Originally posted by pattymayo

If you happen to live close to a bitcoin ATM (I'm in NYC and there are plenty) then I highly recommend it. You can go to a bitcoin ATM, deposit whatever you want pretty much instantly, say you go on a heater, win, you can then go to an ATM and withdraw. Granted, most bitcoins in NYC that accept BTC do not offer withdraw, but there are some that do. Theoretically, you could go to a bitcoin ATM in NYC, deposit $300, win, and then go to a BTC ATM that offers withdraws and take out $600, just like that. You might have to wait a little bit for the confirmation, and obviously pay fees, but it is that quick and anonymous.

ya i think the fees on the atm withdrawals are kinda high (at least in canada they are)...but ya they are convenient for fast cash ..... i just got a cryptopay card from blockchain that lets convert bitcoins into USD instantly and than can be used at most atm worldwide for cash in hand/online/in store (for a low fee)

**LineShifterz** · 07-03-17, 03:53 AM

Originally posted by RoyBacon

Good point.

Bottonline is don't send directly from Coinbase to a sportsbook. Send first to your private wallet like at blockchain.info. For whatever reason CB does try to track. If you send your btc to a private wallet it throws them off the scent. It's a shame they even care where we send our btc but they do.

exactly , if you are ever bored and read the terms and conditions on account policies, they clearly state GAMBLING in small fine print as a red flag that could be a reason your account could be terminated/funds frozen .....

ive heard it happening to people and coinbase allowing ppl to cashout their funds after some time ....but just save yourself a headache

**raiders72001** · 07-03-17, 02:02 PM

Originally posted by BriGuy

I'm thinking of making the plunge for this football season... I'm just worried about shifting away from what I already know and understand....

Jump in. It's all that I use.

**raiders72001** · 07-03-17, 02:16 PM

Originally posted by TheMoneyShot

It's just easier. A no brainer.

Personally, I think people move it way too much every week. That's when you hear all the hang ups/delays.

The most consistent Deposits and PO's with Bitcoin... best book is Heritage.

Every other book has at least 1 flaw in regards to bitcoins coming in... or going out.

Pure bitcoin books are fast and you can make multiple withdrawals each day. Deposit your money, make a bet and make a withdrawal. No 1x rollover before a withdrawal or other restrictions.

**RoyBacon** · 07-03-17, 04:14 PM

Originally posted by raiders72001

Pure bitcoin books are fast and you can make multiple withdrawals each day. Deposit your money, make a bet and make a withdrawal. No 1x rollover before a withdrawal or other restrictions.

I think these btc only books have served their purpose. None of them are as safe as Bookmaker and none have the selection as 5D. Have no problem with Nitro but if they disappeared tomorrow it wouldnt shock me. Those books were great when they were the only ones accepting btc. Now everyone does.

**SpeedPro** · 07-03-17, 09:17 PM

Originally posted by BriGuy

I'm thinking of making the plunge for this football season... I'm just worried about shifting away from what I already know and understand....

For now I wouldn't worry much about it. I like using BT for all the reasons everyone else said. A plus is that you can trade it like stocks if you like. I have make some money on the swings with a some of my stash.

**jjgold** · 07-03-17, 10:04 PM

Excellent point those bitcoin box really don't have any advantage anymore:

Other than nitro I wouldn't trust those books as far as you can throw them

Originally posted by RoyBacon

I think these btc only books have served their purpose. None of them are as safe as Bookmaker and none have the selection as 5D. Have no problem with Nitro but if they disappeared tomorrow it wouldnt shock me. Those books were great when they were the only ones accepting btc. Now everyone does.

**Snowball** · 07-06-17, 03:35 PM

I am almost ready to start this.
Perhaps as early as next week.
Definitely going to start small though
I see Intertops has a $10 minimum for btc
and I already have an account with them.

**PharaohUB** · 07-06-17, 05:25 PM

I didn't see Gemini or LibertyX mentioned - maybe i browserd too fast. Gemini for withdraws it's in your bank next day. Takes a few days to get set up, and deposits take a few days to clear, but def worth it. LibertyX is hit or miss but if you find a good location near you can be instant like bitcoin ATM but also much cheaper.

**themike78** · 07-06-17, 06:48 PM

Originally posted by PharaohUB

I didn't see Gemini or LibertyX mentioned - maybe i browserd too fast. Gemini for withdraws it's in your bank next day. Takes a few days to get set up, and deposits take a few days to clear, but def worth it. LibertyX is hit or miss but if you find a good location near you can be instant like bitcoin ATM but also much cheaper.

LibertyX is a joke. There are 2 stores that have it near me and the clerks at the store don't even know how to use it. I told them I am trying to buy Bitcoin and they asked me what Bitcoin is. Why even have it at your store if you don't know what it is. Very frustrating.

**Pinoy-T-X** · 07-06-17, 06:53 PM

Is it better to do it with Gemini / LibertyX or by bitpay?

**mullmarco** · 07-09-17, 07:45 PM

Bitcoin is the way to go. Every other methods sucks!!!! I use it with DSI and Intertops. Anybody with Xapo debit card?

**mullmarco** · 07-09-17, 07:49 PM

That happened to me and I literally explained to the kid how to do it (as far as I could based on the instructions I saw on their website). The point is that the kid was able to figured it out, now I go to the store when I know that same kid is around. It´s totally worth it pushing them to figure it out, if the store is close to you!

**jjgold** · 07-09-17, 10:21 PM

The question is who is using other methods

**LineShifterz** · 07-09-17, 11:33 PM

bet365 accepts deposits with my **** debit card ...... if your canadian i highly reccommend getting a credit card/**** debit card with CIBC ... easily the best bank for online gambling .... never gets rejected like other financial institutions do

**tony_come** · 07-10-17, 03:31 AM

I don't know

**seaborneq** · 07-18-17, 03:31 PM

I managed to get some bitcoins in my wallet. Now I don't know what to do with it..........I guess but watch it flucuate

**seaborneq** · 07-18-17, 03:33 PM

Bookmaker took seconds to withdraw. BetDSI I had to re request a payout again today. Which books are like Bookmaker(Quick and fast), and which books are like BetDSI(slow and dead)?

**unluckysob** · 07-19-17, 03:16 AM

people at my bank never heard of bitcoin.

**Iwinyourmoney** · 07-19-17, 03:37 AM

Bitpay card is the greatest thing ever invented

**seaborneq** · 07-19-17, 04:07 AM

Originally posted by Iwinyourmoney

Bitpay card is the greatest thing ever invented

How does the bitpay card work???

**LineShifterz** · 07-19-17, 05:35 AM

Originally posted by unluckysob

people at my bank never heard of bitcoin.

this is why bitcoin will sky rocket

**LineShifterz** · 07-19-17, 05:36 AM

Originally posted by seaborneq

How does the bitpay card work???

thread = https://www.sportsbookreview.com/for...d.html?slf=327

**seaborneq** · 07-19-17, 07:34 AM

Originally posted by LineShifterz

thread = https://www.sportsbookreview.com/for...d.html?slf=327

That seems to be the way to go. Thanks LS

**themike78** · 07-19-17, 08:19 AM

Originally posted by unluckysob

people at my bank never heard of bitcoin.

Mine neither. They asked me about transactions from coinbase once. I said it was Bitcoin. They had no idea what I was talking about. The average person doesn't know what it is. I know if it weren't for gambling I probably would know nothing about it either.

**swordsandtequila** · 07-19-17, 10:03 AM

Originally posted by RoyBacon

I think these btc only books have served their purpose. None of them are as safe as Bookmaker and none have the selection as 5D. Have no problem with Nitro but if they disappeared tomorrow it wouldnt shock me. Those books were great when they were the only ones accepting btc. Now everyone does.

Haven't had any issues with Cloudbet, and if you bet soccer their available leagues/markets leave 5ds in the dust. Live betting is just better. Closest thing to a European book for those in US.

**xelemental** · 07-26-17, 02:10 AM

I just initiated a withdrawal with BTC. How long does it take? They said they are going to take 24-48 hours to review my request. Weird. Whats there to "review" with 5dimes.

**Sam Odom** · 07-26-17, 05:18 AM

Personally... would not be buying , selling or transfering

Hold tight

**seaborneq** · 07-26-17, 10:38 AM

Originally posted by LineShifterz

buying bitcoins = Coinbase (mobile and desktop)
withdrawl from sportsbook= mycelium ( mobile) /blockchain (mobile and desktop) and than send to Coinbase and link your bank account info and than youll be able to transfer you bitcoin into $$$ than to your bank acc.

if you are sending bitcoins to a sportsbook i reccomend transferring to a wallet first (such as mycelium or blockchain ...blockchain have no fees)

if you try sending bitcoins from a wallet like coinbase to a sportsbook they have the ability to freeze your account if they find out its for gambling purposes .... so like i said before just transfer to another wallet after depositing from coinbase to avoid this ....

Still working on getting this withdrawal/deposit thing down. I have done the coinbase thing. I have not attached anything to a bank account. I am not confident in doing anything attaching a bank account, but I will sign up for mycelium or blockchain and go from there. I tried to tie my coinbase to a Rushcard but it would not take a prepaid card. So I am still trying to figure this thing out. Thanks for the information. Great information.

**seaborneq** · 07-26-17, 10:39 AM

Originally posted by xelemental

I just initiated a withdrawal with BTC. How long does it take? They said they are going to take 24-48 hours to review my request. Weird. Whats there to "review" with 5dimes.

Bookmaker was instant. BetDSI, took between 24 and 48 hours, and I also had to request the same payout twice.