Originally Posted by
Alfa1234
Maybe think about what you are saying before posting, or at least understand the issue completely before bashing something.
If you deposit in bitcoin today, that money will be converted to the currency of your choice instantly at the vast majority of books (except if you bet at a bitcoin only bookie, which would be your choice to make). If you withdraw, you'll get the value of bitcoin at that time and can instantly convert those bitcoins back to the currency of your choice. For depositing and withdrawing it's perfect, quick, without fees and with almost no volatility risk as the time you are actually holding bitcoins is limited to seconds or minutes only.
Let's say you buy 4k worth of bitcoins today and deposit them at your bookie immediately. That means you'll get about 1 bitcoin when you buy it at the current price. As soon as the bookie receives that bitcoin, he'll add 4000$ to your account. You bet a while and end up with let's exactly 5k after a while and decide to withdraw. If bitcoin has dropped 50% by then (now 1 bitcoin = 2000$), that bookie will send you 2.5 bitcoins at that time...which you can instantly sell for a total value of 5k. You are holding those coins for seconds only, pay no fees and have a very limited volatility risk.