Are you a fan of sports betting? Have you ever considered using Bitcoin sportsbo

[darewaller]

I There are a lot of people who are familiar with Bitcoin and its features, but I don't think it's a good idea to use Bitcoin sportsbooks as a means of payment.

Not just familiar but they are involved with it already. Those who are only familiar with it are newbies and they are still doubting if they will also join the millions of people who are already in to it or they will wait for a better moment because some countries still has a complicated status when it comes to legalization of Bitcoin and there are people who still lacks of proper knowledge on how to operate and avoid taking big risks in Bitcoin but that's better than just rushing completely and ended up regretting.

I don't understand. Why say that Bitcoin is bad for payment on sportsbooks? Is it about its volatility? Or something else? But it's fine, that is your opinion but the majority of us here have no problems with it and we will continue using it.

[Yatsan]

I There are a lot of people who are familiar with Bitcoin and its features, but I don't think it's a good idea to use Bitcoin sportsbooks as a means of payment.

Not just familiar but they are involved with it already. Those who are only familiar with it are newbies and they are still doubting if they will also join the millions of people who are already in to it or they will wait for a better moment because some countries still has a complicated status when it comes to legalization of Bitcoin and there are people who still lacks of proper knowledge on how to operate and avoid taking big risks in Bitcoin but that's better than just rushing completely and ended up regretting.

I don't understand. Why say that Bitcoin is bad for payment on sportsbooks? Is it about its volatility? Or something else? But it's fine, that is your opinion but the majority of us here have no problems with it and we will continue using it.

Gas fee I guess. Personally, I am using other coins whenever I am depositing or withdrawing on the gambling site I am currently playing at. But this is not because Bitcoin isn't as useful as with the coins I am using, it jist happened that fees are lower which is not surprising given how large Bitcoin network is. There are even times I prefer using fiat in sportsbooks because there are no strict restriction in my country but I doubt with the others. To those countries wherein gambling is totally prohibited, cryptobased platforms could be an aid not unless servers are restricted. Also, I wont condemn players who worries from losing in their holdings as in line with their bets. That's simply normal given that it is money we re talking about.

[Fivestar4everMVP]

For me, I've only gambled on a land based casino ones or twice, not more than twice I think, before I got into bitcoin, and every betting online I've ever done was done on a bitcoin sportsbook, I have never tried depositing, and betting with fiat, it has all been bitcoin for the past 2 years I start betting on sports online.

Stake.com is my favorite casino, when it comes to anything betting/gambling, I've been a user of some other Casinos before I joined, Stake's service are top notch, not saying this because I am wearing their signature, this is just my personal and honest review.

[mirakal]

Anonymity: Bitcoin transactions are anonymous, which means you can bet on sports without revealing your identity.

Anonymous in a way that you're not using your first name while betting but that's just the first because if ever you got lucky and got some handful of coins with you after the activity, they will start and establish a KYC (which is by the way common in bitcoin sportsbooks nowadays) before you can actually withdraw your funds.
And why would they reveal my identity? They for sure know that it is against the law.

Security: Bitcoin is a secure and reliable form of payment, which means you can trust Bitcoin sportsbooks with your money.

Sportsbook is definitely not a wallet where it is really secure, therefore security is always an issue.

[inthelongrun]

I rarely visit land-based casinos. Many years ago, I used to bet mostly thru peer to peer and online sports betting with fiat. It was only after several months of investing in bitcoin that I finally decided to open accounts on some sports betting sites that are accepting it. Since then I continue to bet using bitcoin and sometimes altcoins too. Fiat online betting became a thing of the past as I felt more comfortable using crypto casinos and sports betting.

Another thing I notice is that most of the betting companies that are being promoted here in bitcointalk have their own representatives which makes it easier to settle issues.