Offshore sites are basically done. A year from now they will be all done. JMO
A report on WYNBET
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Mike1029SBR High Roller
- 10-14-14
- 237
#36Comment -
jjgoldSBR Aristocracy
- 07-20-05
- 388189
#37Mike give it 5 years and 3 leftComment -
Waterstpub87SBR MVP
- 09-09-09
- 4102
#41
This is the right answer.
However, the books may be there, I would be more concerned with funding of the books and if they still take Americans. Think of the heat they got over the past 10 years, the domain name seizures, cracking down on money transfer services. This was done only with Las Vegas brick and mortar casinos pushing on them. Now they have several billion dollar companies pushing on the government to choke offshore.
Take into account also, that the more states that legalize, the less offshore business. The best customers are not buying bitcoin and transferring to a sportsbook, when they can deposit with paypal in seconds to a legal book. The pool of customers they are left with is going to be sharper. Once California, Texas ect. are legal, its over.
Bitcoin is going to cease to be the free for all it has been. Yes, local bitcoin will still be there, but how much longer will the main exchanges, like coinbase, last for gambling purposes. Even with a wallet in between, they have started to catch people. Thats only getting worse, not better.
None of the signs are positive for offshore. I feel bad for the guys where its not legal yet. I hope it is soon. I would be concerned keeping large amount offshore for the foreseeable future.
Bright side is that legal has been nicer than I expected.Comment
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