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Author Topic: Why Opening an Account in a Bitcoin Sportsbook is the Future of Sports Betting  (Read 780 times)
Alphie12
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May 09, 2023, 07:05:41 PM
 #81

I play at multiple sportsbooks so bitcoin books are a must. Instead of keeping money at 3 books, I can transfer money back and forth fast.
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May 10, 2023, 08:55:35 AM
 #82

I'm wondering why Bitcoin/crypto sportsbooks haven't wiped out all the traditional fiat sportsbooks by now. Grin Maybe it's because they don't have such big advantages over the fiat sports betting platforms.
If it is a foreign fiat gambling sites, comparing them with bitcoin and other crypto gambling sites, bitcoin and other crypto gambling sites would win. But there are local fiat gambling sites that can not make bitcoin and crypto gambling site to win as they will stalemate. If you have gambled on local fiat gambling sites before you will understand what I am talking about. Even the withdrawal of money on local fiat gambling site is low and free.

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May 11, 2023, 04:03:34 AM
 #83

The thread is very interesting,especially for casinos that always demand such high requirements,Generally the casinos that are older do not realize that their offers and Promotions are not much about those bonuses? Or those promotions that so many new casinos do?It's simple,they understood that as people play they only seek to win, and that a bonus generally achieves that goal by being more Beneficial for the casino, Where there are fairer Promotions and that may have a Greater or equivalent weight to the player, I think That's where things would change.

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May 11, 2023, 04:51:05 AM
 #84

The thread is very interesting,especially for casinos that always demand such high requirements,Generally the casinos that are older do not realize that their offers and Promotions are not much about those bonuses? Or those promotions that so many new casinos do?It's simple,they understood that as people play they only seek to win, and that a bonus generally achieves that goal by being more Beneficial for the casino, Where there are fairer Promotions and that may have a Greater or equivalent weight to the player, I think That's where things would change.

I agree with what you said mate and the average older casinos prioritize customer service to the exclusion of bonuses.
Actually, all are equally important, but having good service can make customers feel satisfied and become loyal customers.
It's different from bonuses, because if a gambler plays or is interested in a casino, it's only caused by a bonus, so in the future, if there is a more attractive bonus, he can just leave the casino and prefer another casino with a more attractive bonus.
I myself prefer service over bonuses for things that the casino should prioritize.

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TheGreatPython
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May 11, 2023, 09:14:01 AM
 #85

Don't miss out on the future of sports betting. Open an account with a Bitcoin sportsbook today and start enjoying the convenience and security you deserve.
I'm pretty sure, users and those who bet on sports-type gambling, placing bets on not just 1 or 2 gambling sites, maybe the Bitcoin Sportsbook gambling site, has been their choice from the start until now, including I have an account on the Bitcoin Sportsbook gambling site.

We understand that every sports betting site offers different sports payouts/wins, but for me sports betting sites are the same, although some sportsbook betting sites have different options, the point is we stick to the analysis and development guidelines of the team that bets, bets on the Bitcoin Sportsbook gambling site, if not based on a number of things in the bet the result will still be the same and it doesn't work.
There can be some differences in different sports betting platforms, the very first thing that will surely be different is the reputation and trust of the community on different sports betting platforms. Some are older and more reputed while some are new in the competition and are only just building their reputation within the community.

There can also be a slight difference in the odds of different sportsbooks for the same matches, it won't really be much but only in fractions sometimes. So basically, every sportsbook is slightly different than the other.

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May 11, 2023, 04:01:27 PM
 #86

I play at multiple sportsbooks so bitcoin books are a must. Instead of keeping money at 3 books, I can transfer money back and forth fast.
But since you do it , bitcoin transactions are very expensive, and if you use LN it is still expensive , it is best to Choose to use sports betting with a site that guarantees that you can withdraw without fees, there are casinos that do it and that assume that expense , and the casinos that implement it will be loved by the players, any player who takes 20 dollars or 10 dollars or even 5 dollars hurts , because to win 1 dollar Playing sometimes it becomes quite difficult to leave them there for a fee that is very much stop, I do not think that these things Should be left like that, the more Improvements they make in a casino, the more they will Attract their clients and they will be more Successful.


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Cling18
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May 11, 2023, 10:03:12 PM
 #87

I play at multiple sportsbooks so bitcoin books are a must. Instead of keeping money at 3 books, I can transfer money back and forth fast.
But since you do it , bitcoin transactions are very expensive, and if you use LN it is still expensive , it is best to Choose to use sports betting with a site that guarantees that you can withdraw without fees, there are casinos that do it and that assume that expense , and the casinos that implement it will be loved by the players, any player who takes 20 dollars or 10 dollars or even 5 dollars hurts , because to win 1 dollar Playing sometimes it becomes quite difficult to leave them there for a fee that is very much stop, I do not think that these things Should be left like that, the more Improvements they make in a casino, the more they will Attract their clients and they will be more Successful.



Even if Bitcoin is the greatest currency to use for sports betting, it's probable that the majority of us will look for casinos that support another sort of altcoin in order to avoid paying huge transaction fees. Everyone will be affected by the mempool congestion, and we won't be able to withdraw our money easily with any other options.
Bitcoin is without a doubt the most significant top coin we could select, but at the moment, I believe the main focus of players is simply to discover casinos that offer reduced fees or find ways to transact without having a significant impact on their funds.
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May 12, 2023, 05:53:19 PM
 #88

I play at multiple sportsbooks so bitcoin books are a must. Instead of keeping money at 3 books, I can transfer money back and forth fast.
But since you do it , bitcoin transactions are very expensive, and if you use LN it is still expensive , it is best to Choose to use sports betting with a site that guarantees that you can withdraw without fees, there are casinos that do it and that assume that expense , and the casinos that implement it will be loved by the players, any player who takes 20 dollars or 10 dollars or even 5 dollars hurts , because to win 1 dollar Playing sometimes it becomes quite difficult to leave them there for a fee that is very much stop, I do not think that these things Should be left like that, the more Improvements they make in a casino, the more they will Attract their clients and they will be more Successful.
Bitcoin transactions are only temporarily expensive and they will be normal in a few days, I don't think one should change their casino preference only for an issue that isn't permanent, also, what casino pays the transaction fees for their gamblers? They will need to pay a lot of money only in fees if they charge nothing to their players for withdrawals.

They can do one thing and that is to not charge extra money for withdrawals and only take what the network takes as the fees for a certain transaction, that can be understood, but they would obviously not pay the fees themselves for every single player.

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May 12, 2023, 06:44:23 PM
 #89

I play at multiple sportsbooks so bitcoin books are a must. Instead of keeping money at 3 books, I can transfer money back and forth fast.
But since you do it , bitcoin transactions are very expensive, and if you use LN it is still expensive , it is best to Choose to use sports betting with a site that guarantees that you can withdraw without fees, there are casinos that do it and that assume that expense , and the casinos that implement it will be loved by the players, any player who takes 20 dollars or 10 dollars or even 5 dollars hurts , because to win 1 dollar Playing sometimes it becomes quite difficult to leave them there for a fee that is very much stop, I do not think that these things Should be left like that, the more Improvements they make in a casino, the more they will Attract their clients and they will be more Successful.
Bitcoin transactions are only temporarily expensive and they will be normal in a few days, I don't think one should change their casino preference only for an issue that isn't permanent,

Though I've not done any bitcoin transactions lately, for like 4 or 5 days now I believe, but learnt the high fees is a thing of the past again as it seems its now back to normal, and as a proof, exchange I trade on which had bitcoin withdrawals suspended due to the high fees, have now reopened withdrawals, so clearly, the bitcoin transaction fees are good now.

Quote

also, what casino pays the transaction fees for their gamblers? They will need to pay a lot of money only in fees if they charge nothing to their players for withdrawals.

They can do one thing and that is to not charge extra money for withdrawals and only take what the network takes as the fees for a certain transaction, that can be understood, but they would obviously not pay the fees themselves for every single player.
Casino paying taking care of customers withdrawal fees is a big sacrifice and one that should be really commended if it's true, a casino that can do this must be a new casino with not much customers yet, and probably, the withdrawals without paying blockchain fees is a marketing strategy for them.. This is if it's true though as I am yet to believe that any casino would allow their users free withdrawal at a time as this.

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May 12, 2023, 10:34:47 PM
 #90

I play at multiple sportsbooks so bitcoin books are a must. Instead of keeping money at 3 books, I can transfer money back and forth fast.
But since you do it , bitcoin transactions are very expensive, and if you use LN it is still expensive , it is best to Choose to use sports betting with a site that guarantees that you can withdraw without fees, there are casinos that do it and that assume that expense , and the casinos that implement it will be loved by the players, any player who takes 20 dollars or 10 dollars or even 5 dollars hurts , because to win 1 dollar Playing sometimes it becomes quite difficult to leave them there for a fee that is very much stop, I do not think that these things Should be left like that, the more Improvements they make in a casino, the more they will Attract their clients and they will be more Successful.
Bitcoin transactions are only temporarily expensive and they will be normal in a few days, I don't think one should change their casino preference only for an issue that isn't permanent,

Though I've not done any bitcoin transactions lately, for like 4 or 5 days now I believe, but learnt the high fees is a thing of the past again as it seems its now back to normal, and as a proof, exchange I trade on which had bitcoin withdrawals suspended due to the high fees, have now reopened withdrawals, so clearly, the bitcoin transaction fees are good now.

Quote

also, what casino pays the transaction fees for their gamblers? They will need to pay a lot of money only in fees if they charge nothing to their players for withdrawals.

They can do one thing and that is to not charge extra money for withdrawals and only take what the network takes as the fees for a certain transaction, that can be understood, but they would obviously not pay the fees themselves for every single player.
Casino paying taking care of customers withdrawal fees is a big sacrifice and one that should be really commended if it's true, a casino that can do this must be a new casino with not much customers yet, and probably, the withdrawals without paying blockchain fees is a marketing strategy for them.. This is if it's true though as I am yet to believe that any casino would allow their users free withdrawal at a time as this.
On the time just like this on which a casino who do really have that free withdrawal fee or having no charges would really be having a challenge on going in line with that kind of offering considering that the current fees now on Bitcoin is really on that too high or something that would really make some huge expense if ever a casino does have this kind of offering but just like been said that the condition is gradually
been subsiding on which the fees arent really that much expensive compared few days back which it did almost hit 20 bucks. It might be sound too small but having that lots of players on your platform
asking or making withdrawals then for sure it would really be making some big hit into your profitability.

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May 13, 2023, 01:28:03 PM
 #91

Even if Bitcoin is the greatest currency to use for sports betting, it's probable that the majority of us will look for casinos that support another sort of altcoin in order to avoid paying huge transaction fees. Everyone will be affected by the mempool congestion, and we won't be able to withdraw our money easily with any other options.
Bitcoin is without a doubt the most significant top coin we could select, but at the moment, I believe the main focus of players is simply to discover casinos that offer reduced fees or find ways to transact without having a significant impact on their funds.
I can't think of a cryptocurrency casino that only accepts bitcoin as a payment method for depositing or withdrawing funds, maybe some of them started only by accepting Bitcoin but they started accepting more altcoins gradually and almost every single platform these days accept several altcoins alongside Bitcoin for transactions.

Even though we know and understand that this network congestion is temporary, it is always better to have other options available since such situations occur every now and then and one can easily use an alternative coin for deposits and withdrawals in such situations.

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May 14, 2023, 07:07:03 PM
 #92

Even if Bitcoin is the greatest currency to use for sports betting, it's probable that the majority of us will look for casinos that support another sort of altcoin in order to avoid paying huge transaction fees. Everyone will be affected by the mempool congestion, and we won't be able to withdraw our money easily with any other options.
Bitcoin is without a doubt the most significant top coin we could select, but at the moment, I believe the main focus of players is simply to discover casinos that offer reduced fees or find ways to transact without having a significant impact on their funds.
I can't think of a cryptocurrency casino that only accepts bitcoin as a payment method for depositing or withdrawing funds, maybe some of them started only by accepting Bitcoin but they started accepting more altcoins gradually and almost every single platform these days accept several altcoins alongside Bitcoin for transactions.

Even though we know and understand that this network congestion is temporary, it is always better to have other options available since such situations occur every now and then and one can easily use an alternative coin for deposits and withdrawals in such situations.
This is like restaurant only accepting cash, while there are without a doubt restaurants out there doing this, the more payment options you offer to your clients the more of them you can offer your services to, so a casino that is only accepting bitcoin as a deposit is limiting themselves greatly and soon enough they will find themselves lagging behind their competitors which accept multiple altcoins as well, forcing them to either accept altcoins as well or go through a downward spiral from which they may never recover.

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May 16, 2023, 11:14:15 AM
 #93

I can't think of a cryptocurrency casino that only accepts bitcoin as a payment method for depositing or withdrawing funds, maybe some of them started only by accepting Bitcoin but they started accepting more altcoins gradually and almost every single platform these days accept several altcoins alongside Bitcoin for transactions.

Even though we know and understand that this network congestion is temporary, it is always better to have other options available since such situations occur every now and then and one can easily use an alternative coin for deposits and withdrawals in such situations.
This is like restaurant only accepting cash, while there are without a doubt restaurants out there doing this, the more payment options you offer to your clients the more of them you can offer your services to, so a casino that is only accepting bitcoin as a deposit is limiting themselves greatly and soon enough they will find themselves lagging behind their competitors which accept multiple altcoins as well, forcing them to either accept altcoins as well or go through a downward spiral from which they may never recover.
It is barely the case with any casino or gambling platform these days, almost all of them accept more than just Bitcoin since they know how popular altcoins have become as well and most people these days use mostly altcoins for such things and if they don't allow deposits and withdrawals with altcoins and don't accept other coins than Bitcoin, they will surely lack behind.

I know some platforms started with just Bitcoin but even those platforms have started accepting other cryptocurrencies later when they started getting popular so that they can stay in the competition when cryptocurrency platforms were getting so much hype.

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May 17, 2023, 05:03:22 AM
 #94

People judging Nitrobetting after one post in 11 years already had their mind made up. We need to play at a casino before having an opinion. Then we can post the positive or negative.
If Nitrobetting is just that good, there's no need for this. The topic even has no substance; Bitcoin sportsbook would solve issues regarding delay on payments? Have you tried doing so? 'coz as far as I know, things are the same between other crypto based gambling sites and this so called bitcoin sportsbook. It would only vary on the amount of gas or transaction fee which is for me lower with other cryptocurrency. This is also the reason why I stopped engaging with platforms only accepting Bitcoin as a mode of payment. Personally I have never tried it with Nitrobetting but, that's not the point here; the way a project is being promoted simply reflects the kind of service it is providing. They should be aware of it to prohibit their campaign participants.

I personally think that betting on Betting sites that only accept bitcoin is not bad, it's a good thing, I like to see sites that can only do transactions with bitcoin, but since the price is so volatile, what should we look for? It is that when the bitcoin is very high in price, the site has at least LN to minimize the fees, there were many problems when the btc was at $70k, because the fees are very high and that is what should be avoided, in addition to the The fact that it is only for the acceptance of btc for deposit and withdrawal seems to me to be something very authentic,we cannot help but see the good side of all this.

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May 17, 2023, 07:51:34 AM
 #95


^Or probably the OP wanted only to share his thought about sportsbooks using BTC. If OP aggressively wanted to promote his gambling casino for sure he wear also a signature under his profile but he is not. He is talking in general about the sportsbook and does not mention any name on it. We have here different sportsbooks to use which we prefer. But if he is repeatedly posting the same topic, that is spamming and should be against the forum rules.
I also think that the Op doesn't seem to mention or use any signature code even though he is a representative of his own casino.
Here I just think that Op only shares something good when gambling or creating an account at a bitcoin sportsbook which is safer and more comfortable and I think this topic leads to forum users who have just joined looking for gambling.

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May 31, 2023, 12:46:07 AM
 #96

The thread is very interesting,especially for casinos that always demand such high requirements,Generally the casinos that are older do not realize that their offers and Promotions are not much about those bonuses? Or those promotions that so many new casinos do?It's simple,they understood that as people play they only seek to win, and that a bonus generally achieves that goal by being more Beneficial for the casino, Where there are fairer Promotions and that may have a Greater or equivalent weight to the player, I think That's where things would change.

I agree with what you said mate and the average older casinos prioritize customer service to the exclusion of bonuses.
Actually, all are equally important, but having good service can make customers feel satisfied and become loyal customers.
It's different from bonuses, because if a gambler plays or is interested in a casino, it's only caused by a bonus, so in the future, if there is a more attractive bonus, he can just leave the casino and prefer another casino with a more attractive bonus.
I myself prefer service over bonuses for things that the casino should prioritize.

If we start to see there are some casinos that are old and that do not offer so many bonuses, or so many promotions where the wagering requirements are very high or impossible, the reason is simple, they have the necessary confidence not to resort to it, however The old casinos prefer to do other types of promotions, focused only so that the player receives a benefit without having to do much, at most 1x, which I think is very good, others simply don't give the benefit and that's it , the player He feels better and knows that he is taken into consideration in order to have the client there Loyal to the casino, not bad and it is a better way to hook the Player.

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May 31, 2023, 04:29:01 AM
 #97

I play at multiple sportsbooks so bitcoin books are a must. Instead of keeping money at 3 books, I can transfer money back and forth fast.
But since you do it , bitcoin transactions are very expensive, and if you use LN it is still expensive , it is best to Choose to use sports betting with a site that guarantees that you can withdraw without fees, there are casinos that do it and that assume that expense , and the casinos that implement it will be loved by the players, any player who takes 20 dollars or 10 dollars or even 5 dollars hurts , because to win 1 dollar Playing sometimes it becomes quite difficult to leave them there for a fee that is very much stop, I do not think that these things Should be left like that, the more Improvements they make in a casino, the more they will Attract their clients and they will be more Successful.
Using Bitcoin is the main choice for gamblers. If bitcoin transactions are very expensive, they will immediately switch to altcoins or stablecoins like some time ago when bitcoin transactions increased very high. But casino sites will still charge us transaction fees regardless of the coin. That is why if casinos also apply bitcoin transaction fees to increase because transaction fees from the network also increase, we must be wise in responding to it. We can also take a short break which will refresh us when we want to play gambling after everything returns to normal. And sooner or later, transaction fees will come down again and we're seeing that now.

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May 31, 2023, 05:00:52 AM
 #98

Sports betting with bitcoin looks good bitcoin is the first choice of gamblers and this currency is better than other currencies for gambling. But many gamblers do choose other currencies for being more expensive. One of the transactions bitcoin casinos are using is sports betting many sports betting sites now accept bitcoin and other cryptocurrencies as payment methods. As the bitcoin casino space becomes more and more competitive, platforms need to find new ways to attract players to their sites. It usually centers on offering very lucrative bonuses.

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May 31, 2023, 06:11:03 PM
Merited by TheGreatPython (1)
 #99

Using Bitcoin is the main choice for gamblers. If bitcoin transactions are very expensive, they will immediately switch to altcoins or stablecoins like some time ago when bitcoin transactions increased very high. But casino sites will still charge us transaction fees regardless of the coin. That is why if casinos also apply bitcoin transaction fees to increase because transaction fees from the network also increase, we must be wise in responding to it. We can also take a short break which will refresh us when we want to play gambling after everything returns to normal. And sooner or later, transaction fees will come down again and we're seeing that now.
Well, I believe Bitcoin used to be the first choice of gamblers for gambling on online crypto gambling platforms, but nowadays, most gamblers use stable coins like USDT or USDC, and the reason for that is because they are not volatile so there is no devaluation in between your gambling sessions which might happen with Bitcoin since it's volatile and can drop value any time.

Another reason for choosing stable coins is to be able to easily understand your betting amount, your wins and losses, how much was your bankroll initially and how much it is when the session is ended, it will be pretty difficult with Bitcoin since you can't see the USD value that way.

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May 31, 2023, 07:33:57 PM
 #100

Op upon all the grammars you speak here, you forget to put the website link for people to see. Where is the domain name of the proposed site?  I wanted to see the the particular website you are advertising and when I enter google to find. I could not see any bitcoin sportsbooks but "Best Bitcoin Sportsbooks" if you provided the website link, it would have been easier for people to visit the site. So now your are advertising a blank website.
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