How much do you think Nitrogen Sports is worth now ?

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  • Sam Odom
    SBR Aristocracy
    • 10-30-05
    • 58063

    #1
    How much do you think Nitrogen Sports is worth now ?
    With btc at 2,500.00

    Just picked them at random

    Personally know a couple of smaller CR books that have held all btc deposits (paid out in cash) since summer last yr
  • gauchojake
    BARRELED IN @ SBR!
    • 09-17-10
    • 34109

    #2
    pretty sure they can afford sharks with frickin laser beams
    Comment
    • TheMoneyShot
      BARRELED IN @ SBR!
      • 02-14-07
      • 28672

      #3
      I don't think they hang onto all of those coins. I'm sure they have a method they convert it into other currency. But clearly they are ahead of the game.
      Comment
      • Sam Odom
        SBR Aristocracy
        • 10-30-05
        • 58063

        #4
        Originally posted by gauchojake

        pretty sure they can afford sharks with frickin laser beams

        would think so... hope the owners dont do coke
        Comment
        • rockmvp1209
          SBR Wise Guy
          • 09-27-13
          • 755

          #5
          I stated this in a thread before and some dummy claimed "they don't hold on to any of the BTC" OF COURSE THEY do and they have millions
          Comment
          • evo34
            SBR MVP
            • 11-09-08
            • 1032

            #6
            Originally posted by rockmvp1209
            I stated this in a thread before and some dummy claimed "they don't hold on to any of the BTC" OF COURSE THEY do and they have millions
            Source?
            Comment
            • jjgold
              SBR Aristocracy
              • 07-20-05
              • 388179

              #7
              Sammy seems like they are worth a decent amount

              Any book not going to exclusive bitcoin will fall behind
              Comment
              • krk1030
                SBR Posting Legend
                • 08-13-08
                • 17610

                #8
                25% less then they were yesterday......
                Comment
                • BrickJames
                  SBR Hall of Famer
                  • 05-05-11
                  • 9749

                  #9
                  Glad I sold on Thursday that shit is tankin like a mug.
                  Comment
                  • jjgold
                    SBR Aristocracy
                    • 07-20-05
                    • 388179

                    #10
                    I would not play there

                    terrible juice

                    Terrible layout

                    Not in usa dollars when you bet
                    Comment
                    • BrickJames
                      SBR Hall of Famer
                      • 05-05-11
                      • 9749

                      #11
                      Originally posted by jjgold
                      I would not play there

                      terrible juice

                      Terrible layout

                      Not in usa dollars when you bet
                      Their site is very slow and frustrating.
                      Comment
                      • MeanPeopleSuck
                        SBR Wise Guy
                        • 04-29-17
                        • 950

                        #12
                        Originally posted by BrickJames
                        Their site is very slow and frustrating.
                        Betting in BTC's kind of a pain, but IMHO, Nitro's the best BTC sportsbook available where you don't have to assume any currency risk in converting your BTC to dollars (although for the last 36 hours, you'd be cheering such a conversion).
                        Comment
                        • MeanPeopleSuck
                          SBR Wise Guy
                          • 04-29-17
                          • 950

                          #13
                          Originally posted by rockmvp1209
                          I stated this in a thread before and some dummy claimed "they don't hold on to any of the BTC" OF COURSE THEY do and they have millions
                          Well, they have to keep some of their assets in a BTC hot wallet, for payouts, but I'm sure they diversify their overall assets, against the vast unpredictability of BTC price movements.
                          Comment
                          • jjgold
                            SBR Aristocracy
                            • 07-20-05
                            • 388179

                            #14
                            Need Bitcoin converter to make plays in USA dollars

                            That enough turns me off
                            Comment
                            • Optional
                              Administrator
                              • 06-10-10
                              • 61390

                              #15
                              Originally posted by jjgold
                              Need Bitcoin converter to make plays in USA dollars

                              That enough turns me off
                              Just have google open in another tab and type '100USD BTC' and it will tell you the exact amount to bet at top of results.
                              .
                              Comment
                              • jyney
                                SBR Hustler
                                • 10-16-16
                                • 50

                                #16
                                bitcoin only books didnt make out great on upswings because when you win you get true value, fiat book really raked in because their bitcoin reserves doubled while we lose the appreciation
                                Comment
                                • DwightShrute
                                  SBR Aristocracy
                                  • 01-17-09
                                  • 103102

                                  #17
                                  Originally posted by Sam Odom
                                  would think so... hope the owners dont do coke
                                  its costa rica. everyone does rails
                                  Comment
                                  • MeanPeopleSuck
                                    SBR Wise Guy
                                    • 04-29-17
                                    • 950

                                    #18
                                    Originally posted by jyney
                                    bitcoin only books didnt make out great on upswings because when you win you get true value, fiat book really raked in because their bitcoin reserves doubled while we lose the appreciation
                                    Good point, but which gained more, Fiat or BTC books, depends on the percentage of deposited BTC Nitro ultimately has to pay out.

                                    Judging by its chat room, I'd guess Nitro gets to keep most of the BTC deposited there.
                                    Comment
                                    • Cabaldwin3
                                      SBR Rookie
                                      • 04-24-16
                                      • 30

                                      #19
                                      Yeah, I like to go I their chat and see people begging for .0005 for a "loan". Lol. Although, earlier this week a guy that chats there won 50 btc in a,parlay...120k right there. Wow
                                      Comment
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