Any offshore books accept Bitcoin??

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  • RingoStarr
    SBR Rookie
    • 12-06-13
    • 47

    #1
    Any offshore books accept Bitcoin??
    I know there are pros and cons in using this method, but given the headaches (and high costs) of transferring funds these days, it seems like a solid option.

    Been playing offshore since 1996, but becoming more and more frustrated with the options -- or I should say the limited options -- which exist. Don't see it getting any better, and all of my locals have gone by the wayside.
  • killawookie
    SBR MVP
    • 12-25-09
    • 3457

    #2
    Seeing as the bitcoin market is falling.. why would you want to do this? I'm guessing to dump the bitcoin you have into something more stable?
    Comment
    • Dirty Sanchez
      SBR Posting Legend
      • 03-01-10
      • 16031

      #3
      Originally posted by RingoStarr
      I know there are pros and cons in using this method, but given the headaches (and high costs) of transferring funds these days, it seems like a solid option.

      Been playing offshore since 1996, but becoming more and more frustrated with the options -- or I should say the limited options -- which exist. Don't see it getting any better, and all of my locals have gone by the wayside.
      Comment
      • RingoStarr
        SBR Rookie
        • 12-06-13
        • 47

        #4
        Bitcoin will be back up over $1,000 in no time.

        In any event, I'm just looking for alternatives. Was "blacklisted" from ** awhile back, HATE dealing with **, and I am just not fond of having any of my banking accounts tied to offshore books in any way. Bitcoin, while unstable, would at least be free from regulations from the US Govt. As for Bitcoin itself, I bought into it in its infancy, and I was told by some very savvy investors that I was a fool not to dump it off when it was at $80. Didn't flinch when it dropped down to around $550 yesterday from around $1,000. Wouldn't even think about dumping it off today at $650.
        Comment
        • packerd_00
          SBR Posting Legend
          • 05-22-13
          • 17780

          #5
          I cant see it myself,not any book youd want to deal with.
          Comment
          • byronbb
            SBR MVP
            • 11-13-08
            • 3067

            #6
            Seems logical to me that books will accept bitcoin and convert it to USD into your account.
            Comment
            • hokim
              SBR High Roller
              • 04-08-08
              • 196

              #7
              www.sportsbettingonline.ag says they accept bitcoins, but I've never tried.
              Comment
              • juuso
                SBR MVP
                • 10-04-05
                • 2896

                #8


                Take a look at that forum.

                i've played at:

                https://nitrogensports.eu and https://btcsportsbet.eu/

                Both are legit.
                Comment
                • docdekay
                  SBR Hustler
                  • 11-29-05
                  • 76

                  #9
                  Originally posted by juuso
                  https://bitcointalk.org/index.php?board=56.0

                  Take a look at that forum.

                  i've played at:

                  https://nitrogensports.eu and https://btcsportsbet.eu/

                  Both are legit.
                  Do not play at btcsportsbet.eu. They stiffed me for approx 8 coins. See here: http://forum.sbrforum.com/sportsbook...int-filed.html
                  Comment
                  • Shifty
                    SBR Wise Guy
                    • 08-10-08
                    • 558

                    #10
                    I don't know how the bitcoin transfer system works but is there a way to buy bitcoin with USD, then immediately transfer to a sportsbook, then the sportsbook would have to be able to immediately sell the bitcoin for USD. That's the only way it could work.
                    Comment
                    • bookie
                      SBR MVP
                      • 08-10-05
                      • 2112

                      #11
                      Originally posted by Shifty
                      I don't know how the bitcoin transfer system works but is there a way to buy bitcoin with USD, then immediately transfer to a sportsbook, then the sportsbook would have to be able to immediately sell the bitcoin for USD. That's the only way it could work.
                      The way the Bitcoin books work is that you bet Bitcoins. If you win you can take the money out of your wallet as soon as the bet is graded with no transaction fee. In this way the very idea of "deposits" is done away with. So the worst thing a scam book can do is steal bets from one night's wagering, not an entire deposit.
                      Comment
                      • jjgold
                        SBR Aristocracy
                        • 07-20-05
                        • 388189

                        #12
                        Stay away from bit coins period

                        So easy to get scammed


                        Books that use it are whore shit
                        Comment
                        • packerd_00
                          SBR Posting Legend
                          • 05-22-13
                          • 17780

                          #13
                          Originally posted by jjgold
                          Stay away from bit coins period

                          So easy to get scammed


                          Books that use it are whore shit
                          Comment
                          • muldoon
                            SBR MVP
                            • 01-04-10
                            • 4397

                            #14
                            I've been betting BTC at CasinoBitco.in for a few weeks.

                            The site is a bit clunky (design). Kind of reminds me of the early days of TheGreek.

                            The site breaks 1 BTC into 1000 "pieces". So you can upload 1/2 a BTC and you'll have 500 units to wager with so you don't have to worry about the price of BTC going up or down.

                            As a test, the first time I uploaded .02 of a BTC. Made one bet (won) and withdrew the full balance.

                            Have won a couple small parlays, and withdrew immediately. First withdraw (the single bet) took around 6 hours to hit my wallet. Next 2 took about 20 minutes. Reminded me of the old Pinnacle/Net.teller days where you could win and cash out within minutes.

                            Like I said - it's old school and definitely has room to improve, but if you just want to throw a bit on a game, it's been solid for me. They replied to my email pretty quickly too when I was curious as to how long my first withdrawal would take.
                            Comment
                            • jjgold
                              SBR Aristocracy
                              • 07-20-05
                              • 388189

                              #15
                              Men don't come crying here when you get scammed

                              be extremely careful

                              bitcoin books are not good and bitcoin is a confusing digital trading currency


                              sharps will chew you alive
                              Comment
                              • stevenash
                                Moderator
                                • 01-17-11
                                • 65274

                                #16
                                Do any books except Dutch Tulips for deposits?
                                How about Pan Am frequent flyer miles?
                                Comment
                                • juuso
                                  SBR MVP
                                  • 10-04-05
                                  • 2896

                                  #17
                                  I've played at Nitrogen Sports this month. Instant withdrawals, lots of games and sports available and same lines than pinnacle. They're quite new but so far so good.

                                  No point depositing more than what you bet and always withdraw the excess. That way you won't lose much if shit hits the fan.
                                  Comment
                                  • NunyaBidness
                                    SBR Hall of Famer
                                    • 07-26-09
                                    • 9345

                                    #18
                                    BetOWI did, not sure if they still do.
                                    Comment
                                    • Shifty
                                      SBR Wise Guy
                                      • 08-10-08
                                      • 558

                                      #19
                                      Originally posted by bookie
                                      The way the Bitcoin books work is that you bet Bitcoins. If you win you can take the money out of your wallet as soon as the bet is graded with no transaction fee. In this way the very idea of "deposits" is done away with. So the worst thing a scam book can do is steal bets from one night's wagering, not an entire deposit.
                                      I don't want to bet bitcoins. I keep hearing that it is a cheap way to transfer funds. I'd just want to make a quick transfer to/from a book then convert to dollars.
                                      Comment
                                      • stevenash
                                        Moderator
                                        • 01-17-11
                                        • 65274

                                        #20
                                        Originally posted by RingoStarr
                                        Bitcoin will be back up over $1,000 in no time.
                                        Will that be before or after Carrie Underwood gives you mind numbing skull?
                                        Comment
                                        • PD77
                                          SBR MVP
                                          • 12-11-09
                                          • 2381

                                          #21
                                          It is easy to convert USD to BTC and BTC to USD. The problem is getting the USD back to your bank account or in cash. I dont think there will be any books converting BTC to USD because of the extreme volatility of BTC.

                                          I found .88 BTC in my wallet from two years ago. At the time it was worth less than $5. Two years later it was worth over $900 so I started wagering with it. I placed a .22 wager on Auburn +9.5 when the line came out. Since then I have seen my $220 equivalent wager go down to $100 up, down, up down. By the time the game rolls around I could have $220 on the game or $22. Who knows. That is the problem with Bitcoins and gambling right now, Bitcoins are gambing.
                                          Comment
                                          • packerd_00
                                            SBR Posting Legend
                                            • 05-22-13
                                            • 17780

                                            #22
                                            Originally posted by stevenash
                                            Do any books except Dutch Tulips for deposits?
                                            How about Pan Am frequent flyer miles?
                                            Comment
                                            • jjgold
                                              SBR Aristocracy
                                              • 07-20-05
                                              • 388189

                                              #23
                                              Stay away from bitcoins
                                              Comment
                                              • flyingillini
                                                SBR Aristocracy
                                                • 12-06-06
                                                • 41219

                                                #24
                                                Originally posted by jjgold
                                                Men don't come crying here when you get scammed

                                                be extremely careful

                                                bitcoin books are not good and bitcoin is a confusing digital trading currency

                                                JJ
                                                sharps will chew you alive
                                                JJ, it's not confusing at all.
                                                המוסד‎
                                                המוסד למודיעין ולתפקידים מיוחדים‎
                                                Comment
                                                • bookie
                                                  SBR MVP
                                                  • 08-10-05
                                                  • 2112

                                                  #25
                                                  Originally posted by jjgold
                                                  Men don't come crying here when you get scammed

                                                  be extremely careful

                                                  bitcoin books are not good and bitcoin is a confusing digital trading currency


                                                  sharps will chew you alive
                                                  jjgold is old...the world is a scary, scary place to him. Do you still hate exchanges, too?
                                                  Comment
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