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But what is the deal if I withdraw through Bitcoin on Bovada even if I'm not placing wagers as Bitcoin currency. Will process it all tomorrow when I wake up. I have had problems with baseball and college basketball because I work 10 to 8 a lot, but I'm assuming many people do not. Send it from your sportsbook to your blockchain. Futures Monthly. You can probably live off of Bitcoin alone at this point if need be, but you'd have to work harder to do it. After a while you get tired of dealing with it and take your money out. All rights reserved. Want to add to the discussion? Its huge, trusty and old sportsbook and casino. Get an ad-free experience with special benefits, and directly support Reddit. It depends on what you mean by safe. The learning curve seems steep and it seems like a lot of steps but if you just take your time and follow the directions you'll be set up fairly quickly and easily. I focus on NBA. Selling of picks is not allowed here and will be removed by the moderators. Submit a new text post. In terms of Bitcoin's buying power, more-and-more merchants are allowing you to pay with Bitcoin every day, so you should be able to buy lots of things that you need. I heard BC is super safe. Want to join? Models and Statistics Monthly. I'm just worried about a currency that's not formally recognized by the governments. They do not want everyone doing charge backs. I would highly recommend you use a bitcoin sportsbook that does not convert bitcoin into fiat currency once deposited. Just keep in mind that digital currency is not backed by anything, and hacking does happen. It may take a few days to get yourself set-up with the amounts you want to deposit, but it is worth it. What is this terrible info? That is why it is important to maintain some sort of secure bank account perhaps an international acct? You're out the full amount. The US debt system is a mess. Post a comment! But you might want to do further research of your own on that as I am not a lawyer. Nothing wrong with that. But withdrawal wise.

Check out the wiki page. But anyway, I may look into it. Honestly: A lot of books try to put some roadblocks in the way in hopes sportsbook ag review reddit you'll gamble away your winnings before you can get through the withdrawal process.

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Bitcoin is worth learning how to use. These sports generally go off on bovada around 10 so I take 2 mins and usually place right after I clock in. I'm currently residing in Colombia, South America. BUT, if you can keep your money in long term, Bitcoin has historically rebounded every time there has been a temporary crash, which also means you have the opportunity during those temporary crashes to potentially buy low and sell high. Good luck. I think there are some good guides around on the Sports betting forums, but it's a fairly simple process You may have other options in Colombia and may want to research non-US based options dependent on your situation. But on its deposit policy, it says it offers visa and credit cards. Want to use a CC go with 5dimes, especially if you are a smaller player. I can recommend Betonline - they are legit, operating for more than 16 years. So if you're the type of person who needs to be able to get all their money out quickly So that is a risk you must understand and be willing to take if you need money in and out at the exact same price quickly. Want to chat? That you're asking about that and living in Colombia makes me think you have some sort of debt issue you've left behind? Log in or sign up in seconds. After you are all set-up, you have very quick transfers instant if you use a bitcoin-only book like Nitrogen and the money coming back can hit your bank account in a couple business days without ever having to leave your house. You start off only being able to make small purchases of bitcoin and after some time one week to a month they increase your limits. I'm looking through sportsbook, but it only offers bitcoin as a deposit method. Well they do not have to pay people back, just their winnings. Or, if you want to keep your money online, keep it on blockchain and spend it as needed. I can attest to the payout horrors with Bovada, both big and small. Podcasts Monthly. Check out the FAQ. Become a Redditor and join one of thousands of communities. Combat Sports Weekly. Please try to keep all discussions under the daily threads. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Maybe student loans? Check out the sportsbook suggestions. Obviously their is a difference between Bitcoin and currency. For the last year or so they have not - well have done very, very slowly. Luckily my boss understands. I don't know how to use bitcoin and CC option would make it a lot easier for me. Is there a super good guide for learning how to use it? Welcome to Reddit, the front page of the internet. If that's the case, they would very likely be unable to take your bitcoin money if you keep it in a bitcoin wallet or exchange that is not a US company. Create an account. They have Bitcoin now, And even when they did not I had no such problem. This is an important step because trying to send gambling money to and from a Coinbase or Circle account may cause you to get flagged. But Bovada will straight up stonewall you to wait you out. Most sportsbooks will be able to provide you the necessary details in an e-mail or live chat. If you don't need tons of props, live betting or exotic lines this is the best option. If you deposit bitcoin on sites like bovada, they convert the bitcoin into fiat currency, whereas a site like nitrogensports keeps your bitcoin as bitcoin when its deposited. You will generally be asked to verify some stuff, provide a copy of your ID, your address, bank account info, etc. Depending on what book you use they will have different instructions. So if a hack occurs and your account is breached, there is no FDIC type insurance to cover your loss. The price of Bitcoin has much more volatility than the US Dollar, for example. For example, if my bank account gets seized, then Bitcoin is a safe alternative, yes? Places like blockchain. Is anyone else able to use the CC option for this site? What are some of the best sites to bet for sports? Gambler's Anonymous Contact Information. You can also use a bitcoin sportsbook like Nitrogen, where you just set up a Nitrogen account, they assign you a bitcoin address, and you send it and withdraw it from there without interacting with anyone. Best choice is 5Dimes. Sportsbook deposit methods? Check out the rules. If your bank account gets seized, your Bitcoin should not be seized so long as it cannot be traced to your bank account, though if you buy it with your bank account it certainly could be depending on whatever the legal situation is in your area.