Bitcoin Forum

Hello,

I want to know if exist a gambling site (bitcoin  accepted) with live cashout option?
If a team scores a goal I want to use  cashout for a sure profit.
Anybody know a site who accept bitcoin with this option?

Although there is no site like this?
It would be an innovative idea  for  gambling sites (like DirectBet or other) to implement this "live cashout option".

there was a same thread months ago discussing the same thing , and at that time i didn't know what that means
but right now there is no bitcoin site offering such service , it may come soon but as I understood only the big bookies are offering this

There isn't a bitcoin casino or sportsbook with that option currently. Its definitely an appealing option, but I think it requires subscription to very expensive odd makers to implement it.

The problem is with implementation of such thing because Bitcoin unfortunately doesn't offer live betting as there is no fix timing for block creation to confirm the transaction to proceed the bet.This idea is not applicable because sometimes it takes even more than an hour to one confirmation.

I have not different opinion on this idea because it can not be done.As some people already mentioned above main problem is of conformation which sometimes take so much time that you can loose the moment.If you are referring just cashing out facility as soon as your option is done that is other thing.It will be something new and innovative if this happens somehow.

What you mean by live cash out or you are looking for some live dealers games, because almost all bitcoin related casinos offering instant withdrawal option.

For sportsbetting live cashout is when in the middle of the game you wish to cash out. Say you were to bet on Over 2.5 goals in a soccer game, and the score is 2-0 in just 10 minutes, so the chances of another goal being scored is very high. Now if you were to bet 5$ on Over 2.5, then you get an option to cash out at say 9$. By doing this the casinos also save on the very likely extra 1 $ loss if the initial odds were 2 multiplier.

That's not what he means, he is talking about cashing out during a live match. Betting not casino games.

There is a special term for it,its called a "exchange".Most of the gambling sites do have a option to buy bitcoins which always redirects to third part exchanges.Although I don't understand what do you mean by "Cash out",do you mean you can convert to fiat after profits ? No,no bitcoin sites do that.Why would you have such an option in the first place ? People want to gamble anonymously.

not only exchange permit this. in italy, more normal site (not exchange) permit to cash out when match is live. If for example you have bet 10 euro to italy over 2,5 at odd 2, and later 10 minute italy score a first gol, the site propose you to cashout for example 13 euro immediatly

I like that idea it sounds way more fair. Which sites work best with this ? If you can help thanks.

None of the bitcoin sites offer this currently. But if you do wish to bet on these kind of sites check out fiat sites like bet365. Another tip I have for anyone who is making such a bet and wants to cash out, then just make a counterbet in the above example case Bet some amount on Under 2.5, such that your payout will be the amount you would get on a live cashout option.

There are more Gambling site,but you must choose an good or probably fair gambling site if you want to profit.here are some websites Geodice.net , bitsler.com , crypto-games.net ,primedice.com thats are examples of gambling site that i use :)