Bitcoin Betting. Instant deposits & Instant payouts. Best option for US Customers

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RenatoPeaks

EOG Enthusiast
I've tried 90% of the books that are ranked A-C (available to US customers) on SBR.
I loved some and hated some. Heritage was my favorite.

Then I found out about Bitcoin. There is no way I would ever use a traditional sportsbook again.

www.coin.mx -> buy bitcoins with visa

send the bitcoins to a bitcoin sportsbook. Nitrogen is the best. They have so many sports options and you can bet 2-4 bitcoins per game, which equates to about $1,300 - 2,600. ([FONT=Open Sans, sans-serif] [/FONT]https://nitrogensports.eu/r//FONT] ) and you are off betting instantly. No more Western Union or Moneygram bullshit.

The payouts are INSTANT.

This is what European customers get with Netteller and Skrill and Moneybookers, I'm sure.

[URL="https://nitrogensports.eu/r/https://nitrogensports.eu/r/[/URL]
 
R

RenatoPeaks

EOG Enthusiast
Re: Bitcoin Betting. Instant deposits & Instant payouts. Best option for US Customers

Understandable that you two would pass since you have stakes (advertising $) in the traditional offshore books.
 
HenryHill

HenryHill

2
Re: Bitcoin Betting. Instant deposits & Instant payouts. Best option for US Customers

RenatoPeaks said:
I've tried 90% of the books that are ranked A-C (available to US customers) on SBR.
I loved some and hated some. Heritage was my favorite.

Then I found out about Bitcoin. There is no way I would ever use a traditional sportsbook again.

www.coin.mx -> buy bitcoins with visa

send the bitcoins to a bitcoin sportsbook. Nitrogen is the best. They have so many sports options and you can bet 2-4 bitcoins per game, which equates to about $1,300 - 2,600. (https://nitrogensports.eu/r/9961 ) and you are off betting instantly. No more Western Union or Moneygram bullshit.

The payouts are INSTANT.

This is what European customers get with Netteller and Skrill and Moneybookers, I'm sure.

https://nitrogensports.eu/r/9961
Click to expand...

1) once you buy the bitcoins from that site, where do you store them…what do you use as your "wallet"?

2) can you sell your bitcoins back to this site? if i win a bit coin sports betting, i have the sportsbook send me the bit coin, and then can i turn around and sell it back to the site where i bought them?

3) can i wager less than 1 bit coin, for example can i bet a 1/10th of a bitcoin? 1 bit coin is like generally over $1,000 so I'm wondering if you can bet fractions of a bitcoin
 
hels

hels

EOG Dedicated
Re: Bitcoin Betting. Instant deposits & Instant payouts. Best option for US Customers

HenryHill said:
1) once you buy the bitcoins from that site, where do you store them…what do you use as your "wallet"?

2) can you sell your bitcoins back to this site? if i win a bit coin sports betting, i have the sportsbook send me the bit coin, and then can i turn around and sell it back to the site where i bought them?

3) can i wager less than 1 bit coin, for example can i bet a 1/10th of a bitcoin? 1 bit coin is like generally over $1,000 so I'm wondering if you can bet fractions of a bitcoin
Click to expand...

1) There are online wallets and wallets that you can have directly on your computer. Online wallets are -EV. I had over 20 bitcoins at instawallet and it went belly up - all were lost. Now I have a wallet that is only on my computer and backed up on another hard drive. The only way I could lose these bitcoins is if someone hacked my computer and/or my computer and hard drive both died at the same time.

2) I'm sure there are but I've only used exchanges.

3) I don't know anything about this book.
 
R

RenatoPeaks

EOG Enthusiast
Re: Bitcoin Betting. Instant deposits & Instant payouts. Best option for US Customers

HenryHill said:
1) once you buy the bitcoins from that site, where do you store them?what do you use as your "wallet"?

You buy them from coin.mx and transfer them to Nitrogen. You are free to withdraw your coins from nitrogen to a wallet on your desktop at any time. I use Electrum. The money is out of Nitrogen and into my desktop wallet within 5 minutes. Sometimes I withdraw straight to www.coinbase.com, which is a US company based out of San Francisco. They allow you to transfer your bitcoins to USD into your bank account. It's amazing.

2) can you sell your bitcoins back to this site? if i win a bit coin sports betting, i have the sportsbook send me the bit coin, and then can i turn around and sell it back to the site where i bought them?
You could sell them back to coin.mx, but selling them to coinbase.com will allow you to withdraw them as USD back to your bank account faster.

3) can i wager less than 1 bit coin, for example can i bet a 1/10th of a bitcoin? 1 bit coin is like generally over $1,000 so I'm wondering if you can bet fractions of a bitcoin
Click to expand...

I think the minimum bet is .001 bitcoin, which comes down to around a dollar or something.

Hope this helps! Let me know if you have any questions!
https://nitrogensports.eu/r/9961


 
raiders72001

raiders72001

1
Re: Bitcoin Betting. Instant deposits & Instant payouts. Best option for US Customers

Bitcoin is the only way to go. Most of my bets are through bitcoin books. Free 3 bitcoin contest over at OGD.
 
raiders72001

raiders72001

1
Re: Bitcoin Betting. Instant deposits & Instant payouts. Best option for US Customers

HenryHill said:
1) once you buy the bitcoins from that site, where do you store them…what do you use as your "wallet"?

2) can you sell your bitcoins back to this site? if i win a bit coin sports betting, i have the sportsbook send me the bit coin, and then can i turn around and sell it back to the site where i bought them?

3) can i wager less than 1 bit coin, for example can i bet a 1/10th of a bitcoin? 1 bit coin is like generally over $1,000 so I'm wondering if you can bet fractions of a bitcoin
Click to expand...
Go to the bitcoin forum at peeps and it will explain all and give you the book ratings.

You can bet fractions. Some books use mBTC where 1 BTC= 1000 mBTC
 
C

cheapseats

EOG Master
Re: Bitcoin Betting. Instant deposits & Instant payouts. Best option for US Customers

IRS has ruled BC a property, not a currency, so that seems to effectively end issues with sending/receiving...it's not money.
 
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