I think it is bitsport.bet not bitsports.bet, but neither are loading. Error message 1009.
Is there really a domain suffix called .bet?!
Yes, it seems they have a Twitter account @bitsportbets and it says their domain is bitsport.bet. Last Tweet was March 14.
Are you from the US? If you are must use VPN, since the site block US players. yes their domain is .bet Yes, from U.S. I see. Okay. Thanks. |
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I think it is bitsport.bet not bitsports.bet, but neither are loading. Error message 1009.
Is there really a domain suffix called .bet?!
Yes, it seems they have a Twitter account @bitsportbets and it says their domain is bitsport.bet. Last Tweet was March 14.
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Hi,
There is no doubt how legit this website is,but you need migrate your site into a better server.
People want fast login,smooth browsing,specially gambler will never wait for your site to be loaded perfectly.They will skip and simply switch there bookie.
Exactly. Agreed. It is clearly the worst and slowest sports gambling site out there. Too bad, as they have a lot to offer. Maybe they just need a new server as you suggest. Or a simpler script. Less graphics? Are you aware of this problem, sportsbet.io? Are you working on it? Thanks. |
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Can't place bets . Says Internal Error and then the Confirm button just goes off . Trying from half an hour to bet on NBA match but not able to , please take a look at it. So slow. Just too heavy with graphics or scripts? Not sure.
It is painful to navigate.
When I first fire it up, it is fine, but then after just a few minutes, it becomes real slow, almost unusable.
You need to make a light site, or something. Can't believe you haven't fixed this in all this time.
It happens 8 out of 10 times to me , doesn't load at all . I get the Internal Error sometimes also. I think it means the odds have changed. But they haven't really changed it yet. It just won't take the old odds and says Internal Error. Bad programming. |
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So slow. Just too heavy with graphics or scripts? Not sure.
It is painful to navigate.
When I first fire it up, it is fine, but then after just a few minutes, it becomes real slow, almost unusable.
You need to make a light site, or something. Can't believe you haven't fixed this in all this time.
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Peeps,
Have spoken to the folks at PowerBet.io?
Where are they located?
Do you think they are on the up and up?
They may be okay but just very aggressive about penalizing professional players?
Limiting or banning players is one thing, but cancelling wagers and confiscating funds is another.
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Anyone having similar experiences with PowerBet?
Voiding wagers?
Tiny limits?
Changing the odds on sharp bettors?
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PowerBet does not allow U.S. players?
They accept U.S. players. The registration Form does not include United States in the pull-down Country menu. That is usually the sign that they do not accept U.S. players. You can sign up anonymously. No countries IPs are blocked. Got it! Yes, that's what they said in reply also. Thanks! Their odds seem to be similar to Marathon and 1xBets, which are some very aggressive lines. We'll see how it goes. |
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PowerBet does not allow U.S. players?
They accept U.S. players. The registration Form does not include United States in the pull-down Country menu. That is usually the sign that they do not accept U.S. players. |
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PowerBet does not allow U.S. players?
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Down for me also.
Cloudfare thing?
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Site is down a lot lately, and now its completely offline without any word from the support anywhere. Thats not how you run a betting site.
You are bashing. You must be a competitor. It has not been a lot lately. I have been on it all day for the past year and it is seldom down! And I am just a user, not connected in any way to Fairlay. Just being fair. You are Fake News! With an agenda no doubt. |
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Yes not only just online gambling sites in the USA we see a number of real casinos around the country. I don't know how they will deduct tax. Is it possible in Bitcoin gambling? If they are collecting tax from players, then gambling should be legal in the USA. I do not belong to the USA but I never seen any news regarding this topic.
Offshore Gambling sites will not deduct U.S. tax. It is up to the U.S. citizen to declare their income from gambling. From my understanding of the current law, it is not illegal for a U.S. citizen to place a wager at an offshore Sportsbook, but it is illegal for the Offshore Sportsbook to take that wager, and to accept deposits! There are also State laws that may make it illegal for the State citizen to place a wager, so you should check your State laws also. The U.S. is not looking to jail citizens for gambling, but the IRS wants you to pay your taxes on your winnings. Fair enough. Eventually, it will be legalized, regulated and taxed. |
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In the U.S., ALL income is taxable - even from Offshore Gambling sites.
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Most if not all bitcoin casinos are prohibited to offer their services to any residence in the united states. If you have an ip address from that country they tell you this when you access the sites.  Even CB if you check. I have yet to find a Bitcoin Sportsbook or Casino that blocks U.S. residents. Maybe if they are registered in Europe, but not Offshore ones. |
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Of course that is the process of declaring tax. You do subtract the losses, expenses and other things to the winnings/income then declare what is left. The problem I see is that they are not really registering their gambling site to the IRS and hence they do not get checked. This is why we don't see any disclosure regarding this in any gambling site.
But now, if you are gambling in Bitcoin, in addition to reporting your net income from gambling, after EVERY wager, you also have to record it as Bitcoin "Buy" if you win or a Bitcoin "Sell" if you lose and figure out the capital gain of loss that resulted. After EVERY wager?! |
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I guess it is the duty of the gambling site to register their business and withhold tax from their clients on the winning bet.
The withholding agent (gambling house) then will do their responsibility to remit the tax collected and you are free from any tax liabilities. Just my opinion but as I say, you have to review the details of the law.
That's not going to happen in the U.S. as the gambling sites are not registered and do not comply or withhold tax. Thta's up to us to keep track of our wins and losses and declare our income. My concern is more with the tacking of Bitcoin buys and sells when you win and lose at a Bitcoin Sportsbook. Technically, it sounds like I would have to report a Bitcoin "trade" every time I placed a bet in addition to tracking the gambling wins and losses! Anyone have any experience with this? Most probably just don't claim their gambling activity on their taxes and in reality not many have much in the way of winnings to report. |
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If you are gambling at a Bitcoin Sportsbook, and want to keep it honest and report it, it can be very difficult to track not only your wins and losses, but also your Bitcoin transactions and capital gains and losses.
The way I understand it, if you buy and then sell or spend Bitcoin, it is considered a taxable event and is to be treated like you bought and sold a stock. You have to keep track of your buy price and your sell price and report it like a stock trade.
Does this mean that when you win a wager, you have "bought" some Bitcoin at the current price?
And if you lose a wager, it is as if you "sold" some Bitcoin at the current price?
If so, it could be very difficult and confusing to track all of your buys and sells, as you have to decide which Bitcoin you "sold" when you lost a wager. It gets crazy when it is fractions of Bitcoins that you have to figure out that you lost or "sold" at a certain price and then decide what price did you win or "buy" them at.
For example, you may have lost or "sold" .25 BTC when BTC was at $1,000, but you then have to choose which BTC and what "buy" price you have lost, or "sold." It may be .10 BTC that you have left from a win or "buy" when BTC was at $900, .05 BTC that you have left from a win or "buy" when BTC was at $800, and .10 BTC that you have left from a win or "buy" when BTC was at $700.
You have to keep track of all your different BTC wins or "buys" and at what BTC price, and then choose which ones to "sell" off when you lose a wager.
If you do a lot of wagering, this could get crazy.
Is this right?
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How does one invest in Gnosis?
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