Bitcoin Forum

I've read that blockchain wallet has no issue for users to send and withdraw bitcoin from gambling sites.
Any other wallets that are also gambling site friendly?
Your input is much appreciated... :)

I am pretty sure that any wallet you choose can be used to withdraw from and deposit to gambling sites with no issues, if i had some advice to give that would be to only transfer from your wallet to the gambling site that you do not mind losing and that way you have control over your funds never send more that is a recipe for disaster and don't want that happening do we!? Good luck and welcome :)

I am pretty sure that any wallet you choose can be used to withdraw from and deposit to gambling sites with no issues, if i had some advice to give that would be to only transfer from your wallet to the gambling site that you do not mind losing and that way you have control over your funds never send more that is a recipe for disaster and don't want that happening do we!? Good luck and welcome :)
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The reason for seeking input is bcos coinbase sent an email warning of account may be suspended for transactions relating to online gambling.
This has to do with violation of their Terms.

Oh really they are pretty harsh and i would get my money/bitcoin from there and into electrum or something like that to send to gambling sites to be on the safe side buddy. I guess because you are in the USA where they ban online gambling in certain states are you in one of them states because looks like coinbase thinks you might be  ???

Be careful dude and get them into a wallet that is in your control not there's so they can suspend your account or whatever the next threat is so to be clear into a wallet that you control, i won't leave you a link because it is to wallets but type this in google "list of bitcoin wallets" the first option on your list should be fine :)

Better safe than sorry.

Unfortunately Coinbase has already shut down many accounts but they haven't confiscated any money.

Thank you.. i will do that. Agreed better safe than sorry.

Wonder how users able to access their wallet to withdraw if accounts get shut down?
Definitely migrating to another wallet if this the case. Seem like not much publicity on the shut down due to transaction with online gambling sites.  ???

yeah well blockchain might be a known wallet, but after hearing so many got their btc stolen or a breach of the 2fa part, im hesitant.

I use the blockchain wallet when playing luckybit and few other games but I never hold funds there I use it for a secondary because of the instant deposit/ withdrawal.

I use multi bit, its good and also shows the us dollar denominations.

I've been 'long time' using blockchain, and recently i moved to multybit and i thought all wallet is same. we can send some amount to gambling site manytimes you want but we can't withdraw if still unconfirmed.. cmiiw

Anyone with aitbitz? Care to comment as im narowing down to few choices before deciding.

The Bitcoin QT, Hive, Armory, most other offline clients are all ok for gambling. Exchange addresses are what you need to worry about.

Apart from Coinbase, all wallets are gambling friendly, meaning they don't snoop your transactions and leave you alone. But I would suggest you move to desktop wallets, such as. Electrum, which are far more safer than on-line ones.

Thanks for the advice..
Im also exploring Trezor but waiting for their mobile friendly version...

Anybody knows when Trezor mobile version will come out?

Ouch, this is raising an issue there, they suddenly can start terminating other wallets for no apparent reason, the reason people moved to bitcoin is be independant from banks and havnig a wallet on the "BANK" that suspends accoutns for no reason is like meh.

Sure, next step is state regulation and taxes.

Best wallet for online casino as well as for anything else is your personal computing desktop client which provide you complete and perfect solution for privacy,liberty and ease of access . I don't use block chain's wallet and don't face any problem .

I've been using copay wallet for quite sometime now and the wallet is pretty good and yes it does accept deposits and withdraws from gambling sites and also it is available on all platforms.
Just don't use coinbase and you should be fine.

If you are reffering for luckybit and other like sites that instantly pays to the address that is used when sending bets then yes, blockchain.info wallet is the one you are looking for

I use "Bitwallet" an IOS friendly wallet, and works well with casinos and other web-games.

Blockchain isn't just good for instant bouncing back payments but its also good for sites like primedice(which cashout on demand), there are some wallets that even block primedice payments too but I blockchain is fine for everything.

Copay? Sounds good I'll give it a try. Thanks a lot for the advice.

https://spectrocoin.com  (https://spectrocoin.com) doesn't have any issues with it.

Xapo wallet is friendly for casions? I never tested it.
Anyone used it?

Thanks.

I am always using Bitcoin QT (core) when I want to withdraw my btc from online casino and I can tell you it works great everytime. I encountered no problem so far. I do not believe in that lightweight wallets and I am afraid to use online services to store my coins...

I also use Bitcoin QT, I don't know it's just a habit!

Yes coinbase should be avoided so I've heard.

I don't trust online services either but most people including me use light-weight wallets such as Electrum because it is not easy to download the complete blockchain which is required to use Bitcoin-QT and it takes a lot of time and bandwidth.

We designed the MoneyPot.com wallet specifically for this use-case. The problem with using blockchain.info's wallet or even a local wallet, is in general it doesn't make it any more difficult to see that you're gambling. Coins go from coinbase, to your address and then straight from you address to the casino. There's not much obfuscation going on here.

A much harder to trace way, is instead to withdraw to an exchange (localbitcoins is my favorite for this) and then withdraw from there. With small amounts of money, it's quite improbable that your spends even have your deposits as inputs.

If you're willing to pay for the service, we took the idea even a bit further on MoneyPot.com with "cold addresses" which go direct to our cold storage. As such we can guarantee no withdrawals will use these as inputs (at least for amounts less than a couple hundred bitcoins), and it has the benefit of not looking like the coins were mixed but just transferred to an address where they don't move for a while. The only real draw back here, is we have to charge a 1% fee on cold address deposits or it would be the preferred way to deposit money in moneypot.com and be almost impossible to manage

Interesting. So is that 1 % charge a single-time fee or a charge on every transaction?

    
if you have little BTC, in this case my advice is to XAPO wallet, however, if you have at least 1 BTC or more, my advice is - only bitcoin-QT

Thanks for the advice. I'll stick to the Bitcoin QT

It's on every cold address deposit. Deposits that go into the hot wallet are free, and withdrawals have a static 100 bit fee (just to pay mining fees)

If you use a PC-wallet like Bitcoin Core, Armory, MultiBit or Electrum you could be safe enough. If you would like to add an extra-layer of plausible deniability over the origin of your BTC you should consider sending the BTC you withdraw from gambling site to a mixing service (https://en.bitcoin.it/wiki/Mixing_service) - like bitmixer.io (https://bitmixer.io/index.html) - who in turn sent them to your PC wallet. Wash, rinse, repeat...if you wish to send some BTC back into coinbase.
 ;)

A lot of gambling websites prefer to use wallets instead of wallets + exchanges like Coinbase. Blockchain will work fine for pretty much any site to my understanding.
LuckyBit has a nice list.

Examples of compatible wallets:
Blockchain.info
Bitcoin-Qt/Bitcoind
Armory
Electrum
Multibit
Android bitcoin wallet

Examples of wallets that are not compatible:
Exchanges such as Xapo, Coinbase, Bitstamp etc.
Shared wallets of other gambling sites
Online wallets that send from a common address for all users
In general, any service that uses a shared wallet for all its users
If you're not sure if your wallet is compatible, test it by sending a bet with the minimum amount to one of our games and see if you get something in return.

This is just for them but it gives you a good idea of what you should use.

I see thanks for the info.

Not compatible in term of what? I think that there are only few sites that require you to use a compatible wallet for the return address such as luckybit. If you are playing in other sites than that, you can freely choose to use the wallet in exchanger.

My mistake then. But I think it is preferred to use a wallet and not an exchange.

Wallet such as blockchain is ofcourse easier to use rather than those of exchanger . Using wallet from exchanger will require you to confirm for a withdrawal from your email, if you use blockchain then it will be easier but As far as I know, only luckybit ( I maybe wrong about this ) do need compatible wallet such as blockchain for return address