Getting ready to make 1st bitcoin deposit to Bookmaker. Their website says deposit straight from exchange. It gives instructions to do this. Any body here depositing this way? I've been going exchange to wallet to BAS. I would like to cut out middle man. Bookmaker makes it sound like this is way its always done. Exchange to bookmaker.
Bit coin to bookmaker
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unluckysobSBR MVP
- 05-21-08
- 1527
#1Bit coin to bookmakerTags: None -
ShiftySBR Wise Guy
- 08-10-08
- 558
#2Stopped using a middle wallet. Just go straight to book. Middle wallet costs time and extra fees.Comment -
Waterstpub87SBR MVP
- 09-09-09
- 4102
#3Middle wallet helps if you want to get it there quicker. I am paranoid about being in bitcoin.
If you send with a higher fee in the middle wallet, people will process your first transaction (exchange to middle wallet faster), in order to unlock the higher fee on the second transaction ( middle wallet to book)
I don't know how much fee coinbase includes with the send, but I doubt its that high.Comment -
Dr. FagerSBR High Roller
- 05-12-11
- 244
#4I've used exchange to Bookmaker numerous times, no problems. Common opinion is if the exchange notices this method your account will terminated. As far as Coinbase is concerned, I say "good". Be doing me a favor, never was a big fan of them.Comment -
ShiftySBR Wise Guy
- 08-10-08
- 558
#5How would an exchange know that a random one time use crypto address is a sportsbook?Comment -
unluckysobSBR MVP
- 05-21-08
- 1527
#6i don`t think the exchange gives a damn where bitcoin goes or what its used for. It`s government bullshit they are worried about.Comment -
unluckysobSBR MVP
- 05-21-08
- 1527
#7I think I would be safe sending straight to sportsbook. Plenty of other people say never do this. Just a small doubt in back of my mind. I agree with Shifty.Comment -
big joe 1212SBR Posting Legend
- 06-01-08
- 19380
#8I’ve been doing it for years. Never a problem for me. Fukk those extra fees and hassleComment -
MikkoH27SBR Rookie
- 05-25-21
- 39
#9hallo unluckysob
My advice is to go for it! I started with crypto betting and i am very satisfied with its simplicity. It's fast, anonymous, and most of all secure.
The bookmakers don't ask for KYC and verification documents. Only the exchange asks for verification. The exchanges use very secure systems to protect your account (i have never had a problem with this so far) They don't ask for commissions neither for deposits nor for withdrawals, which is great! The only commission is for the exchange, although there are some bookmakers that they relieve their players from that burden and they pay it themselves.
Do not hesitate. Find a serius bookmaker and a solid exchange, Kraken, Binnance, Coinbase, for instance and you'll be fine.
Good luck!Comment -
Patrick McIrishSBR MVP
- 09-15-05
- 2864
#10Like others said it's fine doing it that way.....
BookMaker works with BitCoin very effectively.Comment -
wombatSBR MVP
- 11-23-20
- 1022
#11Don't do coinbase to sportsbook, they will ban you, same goes for cashapp.Comment -
malvoSBR High Roller
- 05-27-21
- 147
#12Kraken or gemini to sportsbook? Same trouble?Comment -
OptionalAdministrator
- 06-10-10
- 61545
#14
Does not appear to be as risky as it once was, but if you REALLY need that exchange account it is best to go through the extra cost of sending to yourself before going to a book..Comment -
PuffDaddySBR High Roller
- 08-27-19
- 114
#15hallo unluckysob
My advice is to go for it! I started with crypto betting and i am very satisfied with its simplicity. It's fast, anonymous, and most of all secure.
The bookmakers don't ask for KYC and verification documents. Only the exchange asks for verification. The exchanges use very secure systems to protect your account (i have never had a problem with this so far) They don't ask for commissions neither for deposits nor for withdrawals, which is great! The only commission is for the exchange, although there are some bookmakers that they relieve their players from that burden and they pay it themselves.
Do not hesitate. Find a serius bookmaker and a solid exchange, Kraken, Binnance, Coinbase, for instance and you'll be fine.
Good luck!Comment -
big joe 1212SBR Posting Legend
- 06-01-08
- 19380
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unluckysobSBR MVP
- 05-21-08
- 1527
#17I use a US. based exchange. My gut feeling is you would only have a problem if the feds or law enforcement were investigating you. I live in a non gambling state. I enjoy owning a little bitcoin. I think its the future of money. I Would hate to get my Exchange account frozen. I bet $100, $200 a game, maybe $500 on super bowl. I know US. banks are not gambling friendly. I will only make a few gambling transactions a year. What the HELL.Comment -
vivabluSBR High Roller
- 03-25-21
- 129
#19I have withdrawn from betcris (which is the boss of bookmaker) many times and also deposited couple of years ago. You can go straight from wallet to book. No need for middle man. Betcris/bookmaker accepts bitcoin and change it to your betting account's currency and they use the going live rate without any spreads or commission. In pinnacle they use shitty conversion and for this reason i stopped using bitcoin with pinnacle.Comment -
MikkoH27SBR Rookie
- 05-25-21
- 39
#20Yes.
I play in Betcoinbookies and they haven't asked any verification documents.Comment -
Maverick11SBR MVP
- 09-21-10
- 1109
#21I haven’t used bitcoin yet I know I’m living in the stone ages however was wondering if anyone uses debit ********** on Bookmaker and if so has anyone experienced any withdrawal problems after use of the card. Thanks in advanceComment -
Maverick11SBR MVP
- 09-21-10
- 1109
#22Debit M CComment -
mem5757SBR High Roller
- 02-17-21
- 122
#23btc is always preferable for books. if you make a big score with cc or debit they will be hesitant to pay you, you will have to jump through a million hoopsComment -
Maverick11SBR MVP
- 09-21-10
- 1109
#24When you say “big score” what kind withdrawal amount . What if under $1500?Comment -
Maverick11SBR MVP
- 09-21-10
- 1109
#26Ok thanks for your responseComment -
VyasportsSBR Hall of Famer
- 01-27-19
- 4946
#27blockchain to books? anybody?
blockchain have an exchange nowComment
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