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Author Topic: Pinnacle now accepts Bitcoins !  (Read 358 times)
gameboy366 (OP)
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May 04, 2018, 05:42:17 PM
 #1

If you are into sports betting like me, you are probably familier with Pinnacle which is one of the oldest and biggest name in Online Betting. They now accepts Bitcoins thorugh BitPay. Good news for Bitcoin by a big company.

(Sorry if posted in wrong category)
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May 04, 2018, 05:45:52 PM
 #2

Yes you not only posted this in the wrong category, but this is not anything new for fiat sportsbooks to accept Bitcoin.
The problem occurs when converting fiat to BTC and vice versa, where you may not get the ideal exchange rate.
That's why I stick with Bitcoin sportsbooks like Nitrogen and Sportsbet, that only deal with Bitcoin.
Don't be lured into fiat books, they are a thing of the past.

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ManaMan
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May 04, 2018, 05:48:14 PM
 #3

Are you referring to this website? https://www.pinnacle.com/en/ because they don't seem to have bitcoin at the bottom of their page as accepted option.

Anyway it could be better to post this in service discussion thread or something. But this is pretty good as well.
Xester
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May 05, 2018, 05:58:06 AM
 #4

If you are into sports betting like me, you are probably familier with Pinnacle which is one of the oldest and biggest name in Online Betting. They now accepts Bitcoins thorugh BitPay. Good news for Bitcoin by a big company.

(Sorry if posted in wrong category)

This is not in the wrong category and I guess it deserved to be in the bitcoin discussion. This is another good news and it is one among the flooding list of good news surrounding bitcoin. I am no longer surprised that people are holding faithfully to their bitcoins and I will also do the same. This time the mainstreaming of bitcoin is no longer a joke as big companies are entering into the picture.
gameboy366 (OP)
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May 05, 2018, 07:16:28 PM
 #5

Are you referring to this website? https://www.pinnacle.com/en/ because they don't seem to have bitcoin at the bottom of their page as accepted option.

Anyway it could be better to post this in service discussion thread or something. But this is pretty good as well.
Yes. I got the information in their newsletter, maybe they will add it later (at bottom of their page).
gameboy366 (OP)
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May 05, 2018, 07:22:50 PM
 #6

If you are into sports betting like me, you are probably familier with Pinnacle which is one of the oldest and biggest name in Online Betting. They now accepts Bitcoins thorugh BitPay. Good news for Bitcoin by a big company.

(Sorry if posted in wrong category)

This is not in the wrong category and I guess it deserved to be in the bitcoin discussion. This is another good news and it is one among the flooding list of good news surrounding bitcoin. I am no longer surprised that people are holding faithfully to their bitcoins and I will also do the same. This time the mainstreaming of bitcoin is no longer a joke as big companies are entering into the picture.
Yes. I posted this because everyday I see a lot of negativity towards bitcoin and cryptocurrencies in the mainstream media but the reality is completely different with good news coming out everyday.

History has shown us that you either accept the technology/change (in this case Bitcoin) or you are left behind to die.
muddy
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January 27, 2019, 12:33:06 AM
 #7

After you request your withdrawal on their site, do they call you to confirm? someone said in the very beginning they would send a message on whatsapp for the player to confirm the withdrawal
meanwords
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January 27, 2019, 03:02:28 AM
 #8

Well, I guess that's good news though. There's already a lot of betting online in cryptocurrency but I guess a new one would spread the name of Bitcoin even if only a handful of the audience got it. Now let's see if it will last or they will remove it.
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January 27, 2019, 06:47:33 AM
 #9

That's a good thing about the bitcoin acceptance into an old business, who has been one among the top market leader. In the past several large scale firms have got into bitcoin acceptance through bitpay. This service didn't last for a much longer time period as they didn't gain the targeted revenue through bitcoin acceptance.

muddy
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January 27, 2019, 07:21:01 PM
 #10

For their deposits u must use your phone to read a qr code from bitpay
do u have to the same for withdrawals? Do u have to read a qr code or accept the payment from your mobile?

Has anyone tried?
seoincorporation
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January 27, 2019, 08:53:19 PM
 #11

Are you referring to this website? https://www.pinnacle.com/en/ because they don't seem to have bitcoin at the bottom of their page as accepted option.

Anyway it could be better to post this in service discussion thread or something. But this is pretty good as well.
Yes. I got the information in their newsletter, maybe they will add it later (at bottom of their page).

They haven't added it to the footer, but hey have bitcoin in their payment methods as you can see on: https://www.pinnacle.com/en/payment-options

So, they accept BTC now. Let's give it a try and i will report if i have some problems with the withdraw.

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January 27, 2019, 09:01:29 PM
 #12

They haven't added it to the footer, but hey have bitcoin in their payment methods as you can see on: https://www.pinnacle.com/en/payment-options

So, they accept BTC now. Let's give it a try and i will report if i have some problems with the withdraw.

That would be really useful, because we not only know which new companies/organization start accepting Bitcoin as a payment but also if everything works fine with all the process and everything you could do inside it.

This is a great way to help improve and expand the community.
ChrisPop
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January 27, 2019, 09:02:30 PM
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Every major company/business that adopts bitcoin as a means of payment be it as a standalone or through a payment aggregator it is good for the bitcoin popularity and exposure. I hope that more sportbooks follow their example. Personally I can't wait to start my ecommerce store and accept bitcoin.  Cheesy
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January 27, 2019, 11:30:31 PM
 #14

After you request your withdrawal on their site, do they call you to confirm? someone said in the very beginning they would send a message on whatsapp for the player to confirm the withdrawal
Seems like a good way to verify if the withdrawal came from the rightful owner or just some hackers that does withdraw others money. Though it's still like an email auth verification when you logged in or withdraw from usual services.

They haven't added it to the footer, but hey have bitcoin in their payment methods as you can see on: https://www.pinnacle.com/en/payment-options

So, they accept BTC now. Let's give it a try and i will report if i have some problems with the withdraw.
Yeah they have the logo but can't see it on the drop down list. Good luck trying them out, keep us updated.

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January 27, 2019, 11:34:20 PM
 #15

I love paying with cryptocurrencies - most recently BCH and Dash, but I'm no BTC hater - I give every new merchant money because I want them to know that adopting cryptos is profitable.
I'll pass this time since I'm not a fan of casinos and gambling, but this is great news nonetheless.

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muddy
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January 27, 2019, 11:49:17 PM
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So, they accept BTC now. Let's give it a try and i will report if i have some problems with the withdraw.
ok, thanks
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January 28, 2019, 01:53:15 AM
 #17

Pinnacle is one of the biggest in sports gambling industry, now that they are accepting bitcoin it will make bitcoin popular.
I haven't gambled in Pinnacle, I believe they required KYC, correct me If I'm wrong, but one day I will try.
With bigger site they offer better odds as well, but I believe no point of gambling in big site if I don't really put a big amount to my bet.
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January 29, 2019, 12:01:32 PM
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I wonder how long the project will work? What are his plans for 2019?
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January 29, 2019, 12:19:21 PM
 #19

If you are into sports betting like me, you are probably familier with Pinnacle which is one of the oldest and biggest name in Online Betting. They now accepts Bitcoins thorugh BitPay. Good news for Bitcoin by a big company.

(Sorry if posted in wrong category)

Having bitcoin payment will help them to gain more player and gambler which we know that many gamblers prefer to use bitcoin than fiat. I also have betting account in some online betting online and I always use bitcoin and I think I will try to create an account in Pinnacle and I will play betting.
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January 29, 2019, 12:54:41 PM
 #20

hmm, i think it will be great for bitcoin for users non gamblres, because with this news i think the bitcoin value can increased, but it will be bad for bitcoin users that use their bitcoin to gambling on that site, maybe they will lost their bitcoin because of that

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