5Dimes Sportsbook to add Bitcoin as payment option

[elgreco]

if legit, thank you very much. If there is no fee I would able to buy 1 bitcoin for $540 cnd, than I could deposit that 1 bitcoin to 5dime to get $493.99 usd. If i use my current method of deposit it would cost me $493.99 x 1.12 = $553.27

so for $493.99 deposit the current method will cost me $553.27
and if I use bitcoin, it works out to be $540.00
bitcoin $500 deposit will save me approx. $13.27 ......not that great and I likely missing some type of fee dealing with bitcoin too.

No problem . The fees are all transparent, so you'll know before you get into it.

Also, fair warning, BTC has been extremely volatile over the past week. If you are doing it just to save $13, it's probably not worth it. But if you wanted to play with BTC anyway, it'll feel pretty damn cool .

[Hareeba!]

Hareeba, I have an offer for you.

Go to www.blockchain.info and create a wallet. When you do, PM me a receiving address and I'll send you $10. Then you could install the mobile app and go buy a cup of coffee with it if you wanted, or you could try out any of the BTC books or casinos. Whatever you want. It'll be yours to play with.

www.coinmap.org shows a bunch of brick-and-mortars that accept BTC.

LOL.
Thanks for the offer elgreco.
Actually, I did go to the blockchain site and pressed Install. It came back with "You don't have any devices"!
I have a kettle ... time to put it on.

[Domestic]

Also on the topic of bitcoin, SBR is presently preparing a bitcoin exclusive ratings guide.

Any update on this?

[Legions36]

Any update on this?

Here is your update for most btc books almost all of them suck and the lines are so bad, only book worth mentioning is Nitrogen but they only allow 2btc max bets. My advice is play at 5dimes and pinnacle for btc, then u won't have any issues only downfall is they don't keep it in btc.

[jjgold]

From what I read most bitcoin books are not good unregulated and shaky

[marquette]

Using bitcoins with 5dimes is very challenging so far. Max knows what he is doing the others are no help at all. I have been having problem after problem with 5 dimes. Will fill you in if they get any better but so far I have not been credited for a deposit made over 24 hours ago.

[marquette]

5 Dimes also promised me a 10% bonus, which they then claimed to never have offered me.

[Indeep]

Using bitcoins with 5dimes is very challenging so far. Max knows what he is doing the others are no help at all. I have been having problem after problem with 5 dimes. Will fill you in if they get any better but so far I have not been credited for a deposit made over 24 hours ago.

I had the same problem on one of my deposits until they told me I also had to list the "receivers" address in the email letting them know I made a deposit. Apparently they have multiple addresses. I also throw in the hash for good measure and haven't had a problem since....Do a screen capture showing all this info and attach to the email. They will find it, but it is very unnerving.

[marquette]

Thanks Indeep that really helped. I got a hold of Tony and Max and they fixed everything for me it was great to have them help. It seems like once you know what you are doing this is the fastest and easiest method for deposits. Every ended up working out great, thanks for the advice.

[HuskerExpat]

From what I read most bitcoin books are not good unregulated and shaky

The amount of regulation is the same as any other Costa Rica book. What evidence do you have of the top btc books being "shaky"? None, is my guess.

[3runhomer]

Is it a pipe dream to think we will be able to withdrawal using bitcoin in the near future? Like the old days with Neteller...any amount, whenever you choose?

[bookie]

Is it a pipe dream to think we will be able to withdrawal using bitcoin in the near future? Like the old days with Neteller...any amount, whenever you choose?

That's probably a few years away, but not a pipe dream. First there needs to be a much wider adaptation of BTC amongst US-facing sportsbooks, and then they'll have to start liberalizing their withdrawal policies in order to compete wtih each other.

Of course at the full juice all bitcoin books like Nitrogensports and Cloudbet the pipe dream has come true.

[HuskerExpat]

That's probably a few years away, but not a pipe dream. First there needs to be a much wider adaptation of BTC amongst US-facing sportsbooks, and then they'll have to start liberalizing their withdrawal policies in order to compete wtih each other.

Of course at the full juice all bitcoin books like Nitrogensports and Cloudbet the pipe dream has come true.

Nitrogen is not full juice. The pipe dream is alive and well.

[Hareeba!]

The amount of regulation is the same as any other Costa Rica book. What evidence do you have of the top btc books being "shaky"? None, is my guess.

"Costa Rica" and "regulation"?
Oxymoron?

[evo34]

What are you talking about? How would coinbase know it's 5dimes? Is 5dimes reusing addresses? Can anyone confirm this?

Well, among other things, they have a guy whose main job there is to sniff out gambling transactions and ban accounts. You don't have to believe me. Not terribly interested in convincing a given person of something I know is true.

Much like paypal (and yes, this same guy did the same stuff for paypal ~10 years ago), coinbase can simply ban anyone they think might be involved in something illegal. They do not have to prove anything.

[HuskerExpat]

Well, among other things, they have a guy whose main job there is to sniff out gambling transactions and ban accounts. You don't have to believe me. Not terribly interested in convincing a given person of something I know is true.

Much like paypal (and yes, this same guy did the same stuff for paypal ~10 years ago), coinbase can simply ban anyone they think might be involved in something illegal. They do not have to prove anything.

Understood. But how would they sniff anything out as long as you transfer to an outside wallet first?

[jjgold]

I would think eventually Bitcoin providers going to ban usa gambling transactions and join the party on being feared by usa gvt

[HuskerExpat]

I would think eventually Bitcoin providers going to ban usa gambling transactions and join the party on being feared by usa gvt

"Bitcoin providers" have no way to know what you do with your bitcoins as long as you transfer to an outside wallet first. Even if you use their wallets, they have very little way to know, except with certain gambling sites that apparently only use one address for transactions (which is just stupid).

[raiders72001]

That's probably a few years away, but not a pipe dream. First there needs to be a much wider adaptation of BTC amongst US-facing sportsbooks, and then they'll have to start liberalizing their withdrawal policies in order to compete wtih each other.

Of course at the full juice all bitcoin books like Nitrogensports and Cloudbet the pipe dream has come true.

Bitrcoin books are becoming competitive.
In the NFL:

Nitrogen -105 : Pinny clone
Betcoinsports -106
Jetwin -105 totals

Lines, offerings and bonuses differ so all three are valuable. Props, double chance, live betting and alternate lines.

[raiders72001]

"Bitcoin providers" have no way to know what you do with your bitcoins as long as you transfer to an outside wallet first. Even if you use their wallets, they have very little way to know, except with certain gambling sites that apparently only use one address for transactions (which is just stupid).

You can change your deposit address up to 5 times a day at Nitrogen and they use multiple wallets to process withdrawals.

It's advisable not to deposit from Coinbase to a gambling site. Coinbase is located in the US.

[Optional]

I would think eventually Bitcoin providers going to ban usa gambling transactions and join the party on being feared by usa gvt

This idea only gained traction because because the feds used a sledge hammer against all non-traditional international money transfer systems.

Now they can't control it and the harder they try the more impossible to control they will force it into being.

Pandora is out of the box.

They should have listened to Dr Jackson about the future. The guy who founded egold and went cap in hand to the feds offering to show them how to have a controllable non-traditional system that people already liked. But instead they shut the whole thing down and mucked around trying to charge people for several years before just dropping the whole thing.

And now we have Bitcoin. Congrats feds.

[Padukafreakshack]

Is 5dimes accepting bitcoin deposits from everyone yet or is it still in a testing period?

[bookie]

oops.

[5Dimes]

Quote from funding methods page: "If you EXCLUSIVELY deposited using Bitcoin, there is no limit on the amount you can request as a payout via Bitcoin."

[jjgold]

Quote from funding methods page: "If you EXCLUSIVELY deposited using Bitcoin, there is no limit on the amount you can request as a payout via Bitcoin."