Bit coin to bookmaker

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  • unluckysob
    SBR MVP
    • 05-21-08
    • 1527

    #1
    Bit coin to bookmaker
    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.
  • Shifty
    SBR Wise Guy
    • 08-10-08
    • 558

    #2
    Stopped using a middle wallet. Just go straight to book. Middle wallet costs time and extra fees.
    Comment
    • Waterstpub87
      SBR MVP
      • 09-09-09
      • 4102

      #3
      Middle 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. Fager
        SBR High Roller
        • 05-12-11
        • 244

        #4
        I'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
        • Shifty
          SBR Wise Guy
          • 08-10-08
          • 558

          #5
          Originally posted by Dr. Fager
          I'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.
          How would an exchange know that a random one time use crypto address is a sportsbook?
          Comment
          • unluckysob
            SBR MVP
            • 05-21-08
            • 1527

            #6
            i 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
            • unluckysob
              SBR MVP
              • 05-21-08
              • 1527

              #7
              I 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 1212
                SBR Posting Legend
                • 06-01-08
                • 19380

                #8
                I’ve been doing it for years. Never a problem for me. Fukk those extra fees and hassle
                Comment
                • MikkoH27
                  SBR Rookie
                  • 05-25-21
                  • 39

                  #9
                  hallo 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 McIrish
                    SBR MVP
                    • 09-15-05
                    • 2864

                    #10
                    Like others said it's fine doing it that way.....

                    BookMaker works with BitCoin very effectively.
                    Comment
                    • wombat
                      SBR MVP
                      • 11-23-20
                      • 1022

                      #11
                      Don't do coinbase to sportsbook, they will ban you, same goes for cashapp.
                      Comment
                      • malvo
                        SBR High Roller
                        • 05-27-21
                        • 147

                        #12
                        Kraken or gemini to sportsbook? Same trouble?
                        Comment
                        • wombat
                          SBR MVP
                          • 11-23-20
                          • 1022

                          #13
                          Originally posted by malvo
                          Kraken or gemini to sportsbook? Same trouble?
                          any of the exchanges that are US based will eventually ban you because they have banking regulations they will need to conform to
                          Comment
                          • Optional
                            Administrator
                            • 06-10-10
                            • 61545

                            #14
                            Originally posted by big joe 1212
                            I’ve been doing it for years. Never a problem for me. Fukk those extra fees and hassle
                            Lots of posters with this same experience
                            Originally posted by wombat

                            any of the exchanges that are US based will eventually ban you because they have banking regulations they will need to conform to
                            But this does remain a risk.

                            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
                            • PuffDaddy
                              SBR High Roller
                              • 08-27-19
                              • 114

                              #15
                              Originally posted by MikkoH27
                              hallo 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!
                              Seriously?
                              Comment
                              • big joe 1212
                                SBR Posting Legend
                                • 06-01-08
                                • 19380

                                #16
                                Originally posted by wombat
                                Don't do coinbase to sportsbook, they will ban you, same goes for cashapp.
                                I’ve done Coinbase to books direct probably over 100 times, never a problem. I know others have reported problems but they’ve never bothered me.
                                Comment
                                • unluckysob
                                  SBR MVP
                                  • 05-21-08
                                  • 1527

                                  #17
                                  I 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
                                  • raiders72001
                                    Senior Member
                                    • 08-10-05
                                    • 11134

                                    #18
                                    Originally posted by PuffDaddy
                                    Seriously?
                                    Many bitcoin books don't ask for KYC.
                                    Comment
                                    • vivablu
                                      SBR High Roller
                                      • 03-25-21
                                      • 129

                                      #19
                                      I 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
                                      • MikkoH27
                                        SBR Rookie
                                        • 05-25-21
                                        • 39

                                        #20
                                        Yes.
                                        I play in Betcoinbookies and they haven't asked any verification documents.
                                        Comment
                                        • Maverick11
                                          SBR MVP
                                          • 09-21-10
                                          • 1109

                                          #21
                                          I 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 advance
                                          Comment
                                          • Maverick11
                                            SBR MVP
                                            • 09-21-10
                                            • 1109

                                            #22
                                            Debit M C
                                            Comment
                                            • mem5757
                                              SBR High Roller
                                              • 02-17-21
                                              • 122

                                              #23
                                              Originally posted by Maverick11
                                              I 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 advance
                                              btc 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 hoops
                                              Comment
                                              • Maverick11
                                                SBR MVP
                                                • 09-21-10
                                                • 1109

                                                #24
                                                When you say “big score” what kind withdrawal amount . What if under $1500?
                                                Comment
                                                • mem5757
                                                  SBR High Roller
                                                  • 02-17-21
                                                  • 122

                                                  #25
                                                  Originally posted by Maverick11
                                                  When you say “big score” what kind withdrawal amount . What if under $1500?
                                                  like 5 figures, under 1500 you should be fine
                                                  Comment
                                                  • Maverick11
                                                    SBR MVP
                                                    • 09-21-10
                                                    • 1109

                                                    #26
                                                    Ok thanks for your response
                                                    Comment
                                                    • Vyasports
                                                      SBR Hall of Famer
                                                      • 01-27-19
                                                      • 4946

                                                      #27
                                                      blockchain to books? anybody?
                                                      blockchain have an exchange now
                                                      Comment
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