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Author Topic: Btc sportsbooks for non-USA/Canada residents  (Read 45 times)
nakisama
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May 20, 2018, 02:45:04 PM
 #1

It seems strange to me that a lot of the big online bookmakers in the USA are accepting Btc deposits from only USA or Canada residents.
They still accept customers from other countries but not to deposit crypto.

How bizarre is this?
is there any difference between the btc owned by an american and an asian or european?



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May 20, 2018, 05:14:37 PM
 #2

It seems strange to me that a lot of the big online bookmakers in the USA are accepting Btc deposits from only USA or Canada residents.
They still accept customers from other countries but not to deposit crypto.

How bizarre is this?
is there any difference between the btc owned by an american and an asian or european?


I understand why this might look bizarre to you.

However, I suspect that this is caused by the fact that the usual
deposit methods for ROW players that are used to fund gambling
accounts (e.g. credit cards, prepaid vouchers like Paysafecard,
e-wallets like Skrill or Neteller) can´t be used by US residents
for gambling transactions.

Neteller and the various other companies in this space withdrew from
the US market (at least for gambling-related transactions) years ago
due to a change in the legal landscape.

This might change in the future as the Supreme Court has struck down a law
that prevented legal sportsbetting in the US a few days ago:

https://www.nytimes.com/2018/05/14/us/politics/supreme-court-sports-betting-new-jersey.html

Quote
WASHINGTON — The Supreme Court struck down a 1992 federal law on Monday that
effectively banned commercial sports betting in most states, opening the door to legalizing the
estimated $150 billion in illegal wagers on professional and amateur sports that Americans make every year.

The sportsbooks that you refer to therefore are not accepting Bitcoin, because they like
the technology, but rather because this is the only possible way for Americans to fund their
accounts.


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May 20, 2018, 07:57:40 PM
 #3

It seems strange to me that a lot of the big online bookmakers in the USA are accepting Btc deposits from only USA or Canada residents.
They still accept customers from other countries but not to deposit crypto.

How bizarre is this?
is there any difference between the btc owned by an american and an asian or european?




what bookies are you referring to mate , cause the bookies I know accept bitcoin for all their players but don't know about all the bookies
I'm sure about 5dimes and betonline , there are some others too but these are the ones that I personally used with bitcoin

nakisama
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May 20, 2018, 08:14:50 PM
 #4

betonline

50% CRYPTO BONUS
Cryptocurrency bonus offer is only available to USA and Canadian players. Players outside of these countries will not qualify for the bonus.

sportsbetting.ag
50% Cryptocurrency Bonus
Cryptocurrency bonus offer is only available to USA and Canadian players. Players outside of these countries will not qualify for the bonus.


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May 20, 2018, 08:40:11 PM
 #5

betonline

50% CRYPTO BONUS
Cryptocurrency bonus offer is only available to USA and Canadian players. Players outside of these countries will not qualify for the bonus.

sportsbetting.ag
50% Cryptocurrency Bonus
Cryptocurrency bonus offer is only available to USA and Canadian players. Players outside of these countries will not qualify for the bonus.



well no bonus for certain countries isn't the same as not accepting bitcoin at all
I never had good history with bonuses since almost all the sites I joined don't have welcome offer for my country ( Syria ) so I'm used to it
but having an option to deposit with bitcoin is way more important for me than bonuses

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May 22, 2018, 12:56:04 PM
 #6

betonline

50% CRYPTO BONUS
Cryptocurrency bonus offer is only available to USA and Canadian players. Players outside of these countries will not qualify for the bonus.

sportsbetting.ag
50% Cryptocurrency Bonus
Cryptocurrency bonus offer is only available to USA and Canadian players. Players outside of these countries will not qualify for the bonus.



maybe due to the fact that USA and Canada based gamblers are less prone to try and scam the sites
their security team must have some sort of statistics and they decided that it is not worth it to offer bonuses to players outside of the USA and Canada
offering (or declining) bonuses doesn't mean that you cannot deposit bitcoins though
as far as I know,sites like Primedice and Stake do not allow to deposit if your geo location is USA or Australia
it is because it is illegal to gamble online in the US,at least in some states and they do not want to get involved in any legal shenanigans
many casinos limit the countries as well,so it is not that uncommon or strange
for example,they do not allow you to gamble from Syria or Ukraine or Usa and then you use VPN and win something
when you are trying to withdraw,they ask you for KYC and decline your withdrawal because you breached their TOS and they are in the right

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May 22, 2018, 01:08:58 PM
 #7

It is not bizarre at all, because in the not regulated states only the sending of money to casinos abroad is illegal. And with taking crypto currencies they circumvent this restriction.

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