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Author Topic: Are you a fan of sports betting? Have you ever considered using Bitcoin sportsbo  (Read 291 times)
nitrobetting (OP)
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April 29, 2023, 05:55:54 PM
 #1


Fast Transactions: With Bitcoin sportsbooks, you can make deposits and withdrawals instantly, which means you can start betting and collecting your winnings right away.

Low Fees: Bitcoin sportsbooks typically have much lower fees than traditional sportsbooks, which means you can keep more of your winnings.

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

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

Access: Bitcoin sportsbooks are available to anyone with an internet connection, which means you can bet on sports from anywhere in the world.


Have you tried betting on sports with Bitcoin? Share your experience in the comments!
IIrik11
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April 30, 2023, 02:58:10 AM
 #2

i have and although u do get the benefit of the anonymity.

the rest of the experience is pretty shitty tbh.

the odds are way low than other sportsbooks and even lower than exchanges.

also, i don't know what fee ur talking about because sportsbooks/exchanges do not have any fees.

as far as security and access is concerned, most prestigious sportsbooks/exchanges are secure..

and all of them are easily accessible..

so yeah, for now, imma stick with fiat ones for sports-betting.

one more thing: unless u have a steady stream of income in bitcoin like.. sig-whoring.. etc.

there's no need for u to go the distance of buying the bitcoin to make the bets..

because that would incur even more charges to play, which is just plain stupid.
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April 30, 2023, 03:46:33 AM
 #3

I am using Bitcoin is Stake.com as means of betting deposits and withdrawals. Never had a problem and it's not about anonymity for me but more like the ease of transaction, speed, and the cheap fees that are glued into it.
Whatever sportsbook you are referring I have not tried it yet. Is it a decentralized gambling site?
I think I am in good hands with Stake.com and I don't need to risk my money on something else that I have not touched yet. If ever an issue will happen then I got a Sportsbet.io account which is next to my options for sports betting. Another reputable site with good features, promotions, and fair odds.

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tusandii
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April 30, 2023, 05:38:40 AM
 #4

Anonymity: Bitcoin transactions are anonymous, which means you can bet on sports without revealing your identity.
Every Bitcoin transaction is anonymous, but not all crypto gambling sites that provide sports betting can be used anonymously because many have established KYC, when we bet on sports betting, we can still bet without revealing our identity, but if the gambling site implements KYC hence the same as anonymity has been removed.

Quote
Have you tried betting on sports with Bitcoin? Share your experience in the comments!
I always use Bitcoin when making deposits and to bet on some sports matches but using bitcoin only when betting on sports betting and using bitcoin can provide convenience when making deposits and withdrawals quickly, but when betting on games I prefer other people's currencies which can have it pretty low minimum bet.

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April 30, 2023, 06:04:06 AM
 #5

Fast Transactions: With Bitcoin sportsbooks, you can make deposits and withdrawals instantly, which means you can start betting and collecting your winnings right away.
no doubt gamble using bitcoin when you want to withdraw or deposit with transaction speed and bitcoin is some people's favorite here. but not all sportbooks here have instant withdrawals, there are some sportbooks that have manual withdrawals.

Low Fees: Bitcoin sportsbooks typically have much lower fees than traditional sportsbooks, which means you can keep more of your winnings.
usually sportsbooks that use instant withdrawals have lower fees compared to manual withdrawals.

Anonymity: Bitcoin transactions are anonymous, which means you can bet on sports without revealing your identity.
at first gambling using crypto like bitcoin was an option to be more anonymous. but unfortunately everything changed when KYC rules had to be obeyed.
we use bitcoin for anonymous but the site has KYC rules, it's just as anonymous as not valid but we have to obey those rules.

Security: Bitcoin is a secure and reliable form of payment, which means you can trust Bitcoin sportsbooks with your money.
even if you trust a sportsbook, there is no guarantee of security. it's just that when you already trust a sportsbook that has high trust, it won't be wrong to try to trust it.

Access: Bitcoin sportsbooks are available to anyone with an internet connection, which means you can bet on sports from anywhere in the world.
I call it the freedom to bet anywhere and anytime when I want to gamble on sports betting anonymously using bitcoins like you said the first time.

Have you tried betting on sports with Bitcoin? Share your experience in the comments!
It's been a long time since I bet on sports betting using bitcoin because of the many coins but bitcoin is my favorite coin to bet on sports betting at Stake.com. this site that I consider favorite and convenient for me to bet on all types of sports betting.

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April 30, 2023, 06:35:33 AM
 #6

I gamble most of the times using a cryptocurrency and Bitcoin precisely and you've listed so far to an extent are correct but just as other users have said, except you have a steady flow of income, there is no need trying to buy Bitcoin just for the sake of gambling as that might cause some more incuring fees.
About anonymity, I think generally, cryptocurrency has high level of privacy but not on most gambling platforms because most of the reputable and well known spookbooks now have to ask for KYC either before, during or after registration.
I agree with the ease of deposit and withdrawal and that's one of the major things I enjoy with gambling using Bitcoin.

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April 30, 2023, 06:52:54 AM
 #7

I always prefer the use of playing Bitcoin because it's more convenient for my most of my source of income came from bitcoin so I didn't get hassle in making transferring funds and other transactions, I have different choices of platforms in terms of support with the sportsbook in bitcoin, Ive been playing in Stake.com, Roobet, Duelbits, and Sportsbook.io they really have a lot of features that I loved such as bonuses, events, and the add of the odds, this could serve a personal preferences, but before playing I've always checking their information in the FaQs, and Terms condition and of course recent problem in the ANN thread if there's any.

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April 30, 2023, 06:57:26 AM
 #8


Fast Transactions: With Bitcoin sportsbooks, you can make deposits and withdrawals instantly, which means you can start betting and collecting your winnings right away.

Low Fees: Bitcoin sportsbooks typically have much lower fees than traditional sportsbooks, which means you can keep more of your winnings.

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

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

Access: Bitcoin sportsbooks are available to anyone with an internet connection, which means you can bet on sports from anywhere in the world.


Have you tried betting on sports with Bitcoin? Share your experience in the comments!

Not only that, but you can bet on games and events using micro bitcoin. It makes sense when you deposit 0.001 BTC and see something like mbtc, the value gives you the feeling that you are betting large sums and having more fun than the standard $$ value in betting. However, I have a problem with Bitcoin when it comes to deposits and withdrawals, as well as network congestion. When the mempool becomes full, waiting for transactions to be confirmed, you have to double the amount of your fees to get your Bitcoin into any sportsbook, and if you are not careful, you will end up spending the money that could be used to wager on 1 or 2 games with a reasonable multiplier.

As much as I dislike altcoins, I use them sometimes as an alternative to fund my sportsbook and casino. The advantage is that I can convert my balance to Bitcoin, but a non-negligible fee will be deducted from the balance. This is convenient because you don't have to wait for minutes or hours for your Bitcoin to arrive, and you also don't have to worry about the huge withdrawal fees that sportsbooks charge.

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April 30, 2023, 07:33:26 AM
 #9

Have you tried betting on sports with Bitcoin? Share your experience in the comments!
Not only that, but you can bet on games and events using micro bitcoin. It makes sense when you deposit 0.001 BTC and see something like mbtc, the value gives you the feeling that you are betting large sums and having more fun than the standard $$ value in betting. However, I have a problem with Bitcoin when it comes to deposits and withdrawals, as well as network congestion. When the mempool becomes full, waiting for transactions to be confirmed, you have to double the amount of your fees to get your Bitcoin into any sportsbook, and if you are not careful, you will end up spending the money that could be used to wager on 1 or 2 games with a reasonable multiplier.
The @OP talk about using Bitcoin in sports betting, not gamble on games or slots. Most of casinos are using provider to add the sports bookie and you can't gamble using mBTC because the minimum stake is $1, not 1 Satoshi. AFAIK only Freebitco.in let you place bet with just 1 Satoshi in their sports betting, in Web 3.0 casino you can also gamble by placing bet in coin/token equivalent, but it's not Bitcoin.

Most of casinos are charge additional fees when you want to withdraw your coins, it's not only because of mempool are full.

R


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April 30, 2023, 08:05:09 AM
 #10


I know that transactions with Bitcoin as fast and secure and if using LN then the fees can be very low. Although transactions made with Bitcoin are anonymous but they all can be tracked down if your jurisdiction is against casino or gambling stuff, and these days most Casino sites requires you to complete KYC in order to withdraw your funds.

Have you tried betting on sports with Bitcoin? Share your experience in the comments!

The wide acceptability and ease of use makes Bitcoin best for those betting sites. I have done that last time in 2019 I think on some betting sites that mainly used bitcoin for the bets, but to be honest I lost most of the bets because gambling is not for everyone. However, I can vouch for the ease of use that the platforms offered with integration of Bitcoin as a betting coin on their platforms and the experience was extraordinary. 


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April 30, 2023, 08:12:49 AM
 #11


Fast Transactions: With Bitcoin sportsbooks, you can make deposits and withdrawals instantly, which means you can start betting and collecting your winnings right away.

Low Fees: Bitcoin sportsbooks typically have much lower fees than traditional sportsbooks, which means you can keep more of your winnings.

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

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

Access: Bitcoin sportsbooks are available to anyone with an internet connection, which means you can bet on sports from anywhere in the world.


Have you tried betting on sports with Bitcoin? Share your experience in the comments!
I don't bet without cryptocurrency. Because it gives me maximum advantages. Bitcoin has brought a big change in the world of gambling. You are probably discussing the advantages of betting using bitcoins and cryptocurrencies. It is very easy to conduct betting with Bitcoin on gambling platforms. A gambler can manage his gambling easily without any hassle especially in deposit and withdrawal. Sports betting and casino platform now offers maximum benefits to gamblers by using bitcoin. Moreover, a gambler can hide them self in gambling by using Bitcoin. Without KYC, a gambler can gamble freely.

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April 30, 2023, 08:20:35 AM
 #12

I think everyone here is a sports betting fan including me, but I prefer to bet football sports there is no other sports betting that I participate in other than that, talk about anonymity sometimes I never use such sites because I'm worried about fraud so better try to play safe on sites like Stake though have to submit KYC documents to them at least official and trusted.

The most important thing about sports betting sites is that deposit and withdrawal transactions are instant and fast because that includes the additional point that the site looks trusted and cool, you should also never play on new sports betting sites and play anonymously because when you are deceived it is difficult to prove anything else let alone bring the case to legal channels. just sharing a suggestion.  Wink

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April 30, 2023, 09:48:14 AM
 #13

Fast Transactions: With Bitcoin sportsbooks, you can make deposits and withdrawals instantly, which means you can start betting and collecting your winnings right away.

Low Fees: Bitcoin sportsbooks typically have much lower fees than traditional sportsbooks, which means you can keep more of your winnings.

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

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

Access: Bitcoin sportsbooks are available to anyone with an internet connection, which means you can bet on sports from anywhere in the world.
Low fees, it's subjective because few casinos are charge additional fees to make them earn more money.

Using Bitcoin won't need to revealing our identity, but we need to reveal our identity when we deposited our coins to a licensed casino.

Bitcoin is secure, but when the coins already belong to the casino, the security is questionable since the casino could be hacked.

Anyone can access Bitcoin, but most of licensed casinos have blacklisted some jurisdictions and they don't allow VPN usage, which mean all people can't gamble on a licensed casino.

Only the fast transactions I agree.

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April 30, 2023, 01:17:11 PM
 #14

yes, I'm a fan of bitcoin sportbook and I always use bitcoin for transactions for every gambling activity that I do: stake, coinplay, betnomi and 1xbit is the site (using bitcoin) that I usually use for gambling

unlike using fiat, depositing and withdrawing with bitcoin, very fast and convenient for me that's why I will never use any other method of deposit or withdrawal other than using bitcoin or altcoins (tron, doge or bsc) sometimes

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April 30, 2023, 02:12:28 PM
 #15

Have you tried betting on sports with Bitcoin? Share your experience in the comments!
100% of gambling sites that offer sportsbook betting, all use the Bitcoin payment and deposit method, this is one of the main crypto/digital currencies used by gambling sites that advertise here.

Of course all of us here who have bet on sportsbook gambling sites, have made deposits and withdrawals with Bitcoin, of course the experience that is felt varies, depending on the wallet, what exchange they use and also good internet access.

Bottom line: as you said fast, anonymous, safe, easy and so on, basically using Bitcoins in sportsbook betting or betting on other types of games is fast and easy.

R


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April 30, 2023, 02:40:48 PM
 #16

Have you tried betting on sports with Bitcoin? Share your experience in the comments!
What kind of stupidity is this because you are asking have you considered using bitcoin for sport betting or just gambling on the gambling board of bitcointalk. Tongue

Can someone look into OPs post and find whether he used any AI too make this post!



Anonymous is not completely available because you have to go through KYC verification for AML so it means you can play convenient but you can't be anonymous user even using decentralized medium of exchange on a centralised platform.

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FUCKBSVFUCK
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April 30, 2023, 04:53:38 PM
 #17

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.
FUCKBSVFUCK
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April 30, 2023, 05:02:31 PM
 #18

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.
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April 30, 2023, 05:05:38 PM
 #19

Have you tried betting on sports with Bitcoin? Share your experience in the comments!
This is the case of every gamblers on this forum, since Bitcoin and gambling are subjects of their interest, especially regards gamblers who promote casinos and sportsbooks on their signature campaigns' spots, so it becomes more accessible to bet once they receive their daily, weekly or monthly payments. With lots of alternatives of sportsbooks available, to bet on sports is really popular nowadays and for many a daily or weekly activity that is executed religiously.

Personally, when I have a guess about a soccer's game I look for Stake.com, but I'm not too active gambling, because I'm still recovering from a big loss which happened last year.

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April 30, 2023, 05:53:55 PM
 #20

I almost forgot when I played in a land-based casino or personally visited a bookmaker's office to place a bet. The development of the Internet has led to the fact that we can do many things without leaving home, and the development of cryptocurrencies has added even more convenience and anonymity to these processes. It seems to me that in a forum dedicated to bitcoin, almost every gambler has used cryptocurrency to play casino and sports betting.

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