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Author Topic: Best wallet provider for BitCoin gambling app/website  (Read 721 times)
tinodj (OP)
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January 20, 2016, 11:07:32 AM
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Hi,

I'm new on the forum, and I've tried searching it, but I'm not sure that I found the best answer.

I read positive and negative thoughts on this forum for using CoinBase as a wallet provider for gambling app/website.

I'm also considering blockchain.info at the moment.

Bitstamp said "no" to me without explanation.

What are your thoughts, which provider would be the best to use as my wallet provider for the application that I'm building.

Thanks for help!

The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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crazywack
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January 20, 2016, 11:10:51 AM
 #2

Hi,

I'm new on the forum, and I've tried searching it, but I'm not sure that I found the best answer.

I read positive and negative thoughts on this forum for using CoinBase as a wallet provider for gambling app/website.

I'm also considering blockchain.info at the moment.

Bitstamp said "no" to me without explanation.

What are your thoughts, which provider would be the best to use as my wallet provider for the application that I'm building.

Thanks for help!



Pretty sure you will get the same answere from coinbase since they black list you for transferring Bitcoin to known gambling sites.

tinodj (OP)
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January 20, 2016, 11:19:05 AM
 #3

Pretty sure you will get the same answere from coinbase since they black list you for transferring Bitcoin to known gambling sites.

So what would you suggest? I see you have some betting site in the signature, is it your site? if yes, which wallet provider you are using for that site?

Any thoughts on using blockchain.info?
DiscoverCebu
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January 20, 2016, 11:24:03 AM
 #4

I see you have some betting site in the signature, is it your site?
That is a website which he is paid to promote(same as me)
Any thoughts on using blockchain.info?
I'd say use BC for hotwallet purposes, and run your own(cold) wallet for refilling the hot wallet
Ceizer54
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January 20, 2016, 11:25:47 AM
 #5

Hi,

I'm new on the forum, and I've tried searching it, but I'm not sure that I found the best answer.

I read positive and negative thoughts on this forum for using CoinBase as a wallet provider for gambling app/website.

I'm also considering blockchain.info at the moment.

Bitstamp said "no" to me without explanation.

What are your thoughts, which provider would be the best to use as my wallet provider for the application that I'm building.

Thanks for help!


My advice would be to use blockchain.info wallet.It has many advanced features too and is best for gambling because The sending and recieving address's are same.That means you can even gamble on sites which sent the winning amount to the same address by which they recieve it.
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January 20, 2016, 11:28:59 AM
 #6

Hi,

I'm new on the forum, and I've tried searching it, but I'm not sure that I found the best answer.

I read positive and negative thoughts on this forum for using CoinBase as a wallet provider for gambling app/website.

I'm also considering blockchain.info at the moment.

Bitstamp said "no" to me without explanation.

What are your thoughts, which provider would be the best to use as my wallet provider for the application that I'm building.

Thanks for help!


It depends if you want to have online wallet or software wallet. I strongly suggest you download and install some software Simpified Validation wallet like Electrum or Multibit.
With online wallets the only option is using blockchain.info, AFAIK they won't block your addresses if you transfer your funds to gambling sites.
Chemistry1988
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January 20, 2016, 11:53:22 AM
 #7

If I am not mistaken, you are developing a gambling site and are looking for a wallet/service to handle your users' deposits and withdrawals, right? If so, I would suggest you to take a look at Moneypot, which IMO should be the easiest option.
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January 20, 2016, 11:55:24 AM
 #8

DirectBet, The Leading, Safest LIVE Cryptocurrency Sportsbook & Racebook, Rated #1 by Bitcointalk Members offers a Playing Wallet for Bitcoin gambling.

The playing wallet is part of our New Casino : https://Casino.DirectBet.eu

Our playing wallet features Free and Instant Withdrawals.

Please feel free to contact us if you have any questions or if you need anything.

All the Best,

Michelle

https://Casino.DirectBet.eu

Anmol_Verma
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January 20, 2016, 12:15:11 PM
 #9

DirectBet, The Leading, Safest LIVE Cryptocurrency Sportsbook & Racebook, Rated #1 by Bitcointalk Members offers a Playing Wallet for Bitcoin gambling.

The playing wallet is part of our New Casino : https://Casino.DirectBet.eu

Our playing wallet features Free and Instant Withdrawals.

Please feel free to contact us if you have any questions or if you need anything.

All the Best,

Michelle

https://Casino.DirectBet.eu
i tried your playing wallet but withdraw fees for the transaction is very low and it sometime makes my transaction takes hours to just get one confirmation and there's no option to generate new address for my account every time Sad

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crazywack
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January 20, 2016, 01:38:32 PM
 #10

Pretty sure you will get the same answere from coinbase since they black list you for transferring Bitcoin to known gambling sites.

So what would you suggest? I see you have some betting site in the signature, is it your site? if yes, which wallet provider you are using for that site?

Any thoughts on using blockchain.info?


Most sites run their own clients in a secure manner. Cold storage is your best bet with a hot wallet for withdrawing funds.

This signature is paid by a campaign, although I did make it and put links to my own affiliate page to build a residual income. My signature started the Betcoin campaign but we could not come to an agreement on how much for my services. That is why it is the only one of its kind.

I have no opinion on blockchain.info since I do not use them. Heard good and bad, most of the bad was years ago though.

Boosterious
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January 20, 2016, 01:59:24 PM
 #11

yes you also will have same answer from coinbase,some populr wallet will not provide their wallet for gambling,it why they have no gambling site partner,and i am pretty sure that betcoin and other site just use their own hot wallet.

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January 20, 2016, 02:28:22 PM
 #12

Best option is any offline and/or local wallet. But if you want to have access from everywhere, blockchain.info is decent option.

Your information about Coinbase is right - forget about them if you don't want your account to be closed and coins confiscated.
Divinespark
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January 20, 2016, 03:35:34 PM
 #13

I use blockchain.info, but make sure to keep small amounts only in my online wallet

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DiscoverCebu
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January 20, 2016, 03:38:07 PM
 #14

DirectBet, The Leading, Safest LIVE Cryptocurrency Sportsbook & Racebook, Rated #1 by Bitcointalk Members offers a Playing Wallet for Bitcoin gambling.

The playing wallet is part of our New Casino : https://Casino.DirectBet.eu

Our playing wallet features Free and Instant Withdrawals.

Please feel free to contact us if you have any questions or if you need anything.

All the Best,

Michelle

https://Casino.DirectBet.eu
WTH is up with you and shameless advertising? If you read the op, which you did not, you  would have noticed op is talking about making a dice site/implementing it with a wallet for withdrawal. And he is asking for services which are better and more trusted.
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January 21, 2016, 07:49:50 AM
Last edit: January 21, 2016, 08:08:21 AM by DirectDice
 #15

DirectBet, The Leading, Safest LIVE Cryptocurrency Sportsbook & Racebook, Rated #1 by Bitcointalk Members offers a Playing Wallet for Bitcoin gambling.

The playing wallet is part of our New Casino : https://Casino.DirectBet.eu

Our playing wallet features Free and Instant Withdrawals.

Please feel free to contact us if you have any questions or if you need anything.

All the Best,

Michelle

https://Casino.DirectBet.eu
i tried your playing wallet but withdraw fees for the transaction is very low and it sometime makes my transaction takes hours to just get one confirmation

Hi Anmol_Verma,

Thanks for opening a Playing Wallet account Smiley

All the transactions that we send are in high priority.

The exact fee is determined automatically by the official Bitcoin client, we don't set it specifically, as recommended by the Bitcoin developers.

The fee that we include is always more than 0.00015 BTC per KB to ensure high priority (and usually the fee is even higher as determined automatically by the official Bitcoin client).

It is configured to include sufficient fees so that payouts will confirm within 3 blocks. A block is generated every few minutes on average.

Most payouts are confirmed on the very next block. Sometimes, although rarely, the official Bitcoin wallet wrongly estimates the fees, and as a result it takes a little bit longer for the payout to confirm. Hopefully this will be improved in future Bitcoin releases.

I hope this clarifies, please feel free to contact us for any further information and if you experienced something different please contact support@directbet.eu.

there's no option to generate new address for my account every time

Thanks for your suggestion. It is on our wish list and we will consider adding this option in the future.

Please feel free to contact us if you need anything else.

All the Best,

Michelle

https://Casino.DirectBet.eu

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