Bitcoin Forum

Economy => Gambling => Topic started by: Staring Owl on November 07, 2012, 05:48:34 PM



Title: Bitcoin connection in bodog?
Post by: Staring Owl on November 07, 2012, 05:48:34 PM
I see that bodog fail is mentioned quite often here, but I couldn't find any details in the mainstream media about it's bitcoin connection. Neither here on the forum.
The official story is that they stopped accepting US players to obey the law but about a year later still the domain was seized the founder indicted and so on.
Were they unofficially making it easy for US players to actually play or is it in any way related to taking bitcoin as well as a way to go around the regulation?
For how long they were taking bitcoin btw and what was the reaction of the general gamblers to that?

Please share your angle of the story :)


Title: Re: Bitcoin connection in bodog?
Post by: Stephen Gornick on November 07, 2012, 06:17:32 PM
Were they unofficially making it easy for US players to actually play or is it in any way related to taking bitcoin as well as a way to go around the regulation?

I know of there having been trades of Pokerstars $s for bitcoin and vice-versa, so perhaps if there was a way to do account-to-account transfers of funds (or to hand over an account balance to someone else by transferring to them the login credentials) there might have been some Bitcoin related transactions without the site having any knowledge of it or involvement in it.

Also, some of these online gaming services use a payment intermediary (e.g., Moneybookers/Skrill) which can farily easily be converted to bitcoins and vice-versa.

Here's a somewhat-related post on Ayre's site:
 - http://calvinayre.com/2012/09/03/business/bitzino-touts-provably-fair-games-but-can-bitcoin-only-casinos-succeed/


Title: Re: Bitcoin connection in bodog?
Post by: Staring Owl on November 10, 2012, 12:20:54 AM
I think bodog was accepting bitcoins directly.


Title: Re: Bitcoin connection in bodog?
Post by: ssaCEO on November 12, 2012, 11:14:58 AM
AFAIK they were never accepting it directly... I think we'd have heard more about that. They have definitely expressed an interest in it, though...


Title: Re: Bitcoin connection in bodog?
Post by: byronbb on November 15, 2012, 04:31:38 AM
Calvin Ayre, the creator of BoDog and license owner, has blogged about bitcoin (http://calvinayre.com/2012/09/03/business/bitzino-touts-provably-fair-games-but-can-bitcoin-only-casinos-succeed/).


Title: Re: Bitcoin connection in bodog?
Post by: Stephen Gornick on November 15, 2012, 09:35:16 AM
Calvin Ayre, the creator of BoDog and license owner, has blogged about bitcoin (http://calvinayre.com/2012/09/03/business/bitzino-touts-provably-fair-games-but-can-bitcoin-only-casinos-succeed/).

Well, a writer for Calvin Ayre, Steven Stradbrooke, authored that post.


Title: Re: Bitcoin connection in bodog?
Post by: Staring Owl on November 15, 2012, 03:56:49 PM
so i must have misunderstood or read some false information. I was sure they were involved in bitcoin.

Anyway, since they were keeping the US regulations why they hit them so bad?