BetDSI and Bookmaker Sportsbook add Bitcoin to cashier
BetDSI Sportsbook, Bookmaker, and Justbet have officially added bitcoin as a payment and withdrawal option.
The minimum deposit is $50 and maximum withdrawal $50,000 per month through bitcoin. Management has told SBR that player deposits will be converted into the currency associated with that account's settings.
Players can deposit up to $10,000 per day using bitcoin. Bitcoin deposits will come with a standard one-time rollover requirement. Deposits and withdrawals are accepted between 6:00am and 7:00pm ET, though deposits are processed instantly. Upon submitting a withdrawal request, the funds will be converted back to the equivalent amount in BTC.
All players permitted to have an account with the betting sites are able to use the bitcoin option for both deposits and withdrawals.
BetDSI management submitted the following announcement to SBR:
BetDSI: "BetDSI has officially opened Bitcoin as an option for all members. Effective January 28th 2015, BetDSI started accepting Bitcoin deposits and Bitcoin payouts for all new and active members. We are pleased to add another method that will allow members to transact in a way that offers more privacy, no additional fees, and less oversight. We feel this new less intrusive and inexpensive method will promote a more enjoyable gaming experience and create better value for our players across the globe."
"The internal functionality for Bitcoin use allows for Bitcoin transfer to real money account balances. At the time of funding, your Bitcoin transfer will be exchanged into the currency of your account settings and applied to the gaming system. With regards to withdrawals, at the time of withdrawal, your currency balance will be translated back to Bitcoin and paid out in that capacity."
The sportsbooks join 5Dimes and Heritage as major and reputable online sportsbooks to accept bitcoin.
As of this publication, 1 BTC is worth $235. Bitcoin has had wild and dramatic swings recently, though players should take comfort in the fact that their funds will be stored in their respective country currency and subject to considerably less fluctuation.