Bitcoin casino friendly wallets | Bitcointalksearch.org

shulio

legendary

Activity: 1540

Merit: 1016

Quote from: Equinoxx on April 17, 2015, 08:37:19 AM

Quote from: shulio on April 17, 2015, 08:22:44 AM

Quote from: Equinoxx on April 17, 2015, 05:17:33 AM

A lot of gambling websites prefer to use wallets instead of wallets + exchanges like Coinbase. Blockchain will work fine for pretty much any site to my understanding.
LuckyBit has a nice list.

Examples of compatible wallets:
Blockchain.info
Bitcoin-Qt/Bitcoind
Armory
Electrum
Multibit
Android bitcoin wallet

Examples of wallets that are not compatible:
Exchanges such as Xapo, Coinbase, Bitstamp etc.
Shared wallets of other gambling sites
Online wallets that send from a common address for all users
In general, any service that uses a shared wallet for all its users
If you're not sure if your wallet is compatible, test it by sending a bet with the minimum amount to one of our games and see if you get something in return.

This is just for them but it gives you a good idea of what you should use.

Not compatible in term of what? I think that there are only few sites that require you to use a compatible wallet for the return address such as luckybit. If you are playing in other sites than that, you can freely choose to use the wallet in exchanger.

My mistake then. But I think it is preferred to use a wallet and not an exchange.

Wallet such as blockchain is ofcourse easier to use rather than those of exchanger . Using wallet from exchanger will require you to confirm for a withdrawal from your email, if you use blockchain then it will be easier but As far as I know, only luckybit ( I maybe wrong about this ) do need compatible wallet such as blockchain for return address

Equinoxx

hero member

Activity: 742

Merit: 500

Quote from: shulio on April 17, 2015, 08:22:44 AM

Quote from: Equinoxx on April 17, 2015, 05:17:33 AM

A lot of gambling websites prefer to use wallets instead of wallets + exchanges like Coinbase. Blockchain will work fine for pretty much any site to my understanding.
LuckyBit has a nice list.

Examples of compatible wallets:
Blockchain.info
Bitcoin-Qt/Bitcoind
Armory
Electrum
Multibit
Android bitcoin wallet

Examples of wallets that are not compatible:
Exchanges such as Xapo, Coinbase, Bitstamp etc.
Shared wallets of other gambling sites
Online wallets that send from a common address for all users
In general, any service that uses a shared wallet for all its users
If you're not sure if your wallet is compatible, test it by sending a bet with the minimum amount to one of our games and see if you get something in return.

This is just for them but it gives you a good idea of what you should use.

Not compatible in term of what? I think that there are only few sites that require you to use a compatible wallet for the return address such as luckybit. If you are playing in other sites than that, you can freely choose to use the wallet in exchanger.

My mistake then. But I think it is preferred to use a wallet and not an exchange.

shulio

legendary

Activity: 1540

Merit: 1016

Quote from: Equinoxx on April 17, 2015, 05:17:33 AM

A lot of gambling websites prefer to use wallets instead of wallets + exchanges like Coinbase. Blockchain will work fine for pretty much any site to my understanding.
LuckyBit has a nice list.

Examples of compatible wallets:
Blockchain.info
Bitcoin-Qt/Bitcoind
Armory
Electrum
Multibit
Android bitcoin wallet

Examples of wallets that are not compatible:
Exchanges such as Xapo, Coinbase, Bitstamp etc.
Shared wallets of other gambling sites
Online wallets that send from a common address for all users
In general, any service that uses a shared wallet for all its users
If you're not sure if your wallet is compatible, test it by sending a bet with the minimum amount to one of our games and see if you get something in return.

This is just for them but it gives you a good idea of what you should use.

Not compatible in term of what? I think that there are only few sites that require you to use a compatible wallet for the return address such as luckybit. If you are playing in other sites than that, you can freely choose to use the wallet in exchanger.

louisp8731

newbie

Activity: 42

Merit: 0

Quote from: RHavar on April 16, 2015, 09:43:11 AM

Quote from: louisp8731 on April 15, 2015, 06:37:37 AM

Interesting. So is that 1 % charge a single-time fee or a charge on every transaction?

It's on every cold address deposit. Deposits that go into the hot wallet are free, and withdrawals have a static 100 bit fee (just to pay mining fees)

I see thanks for the info.

Equinoxx

hero member

Activity: 742

Merit: 500

A lot of gambling websites prefer to use wallets instead of wallets + exchanges like Coinbase. Blockchain will work fine for pretty much any site to my understanding.
LuckyBit has a nice list.

Examples of compatible wallets:
Blockchain.info
Bitcoin-Qt/Bitcoind
Armory
Electrum
Multibit
Android bitcoin wallet

Examples of wallets that are not compatible:
Exchanges such as Xapo, Coinbase, Bitstamp etc.
Shared wallets of other gambling sites
Online wallets that send from a common address for all users
In general, any service that uses a shared wallet for all its users
If you're not sure if your wallet is compatible, test it by sending a bet with the minimum amount to one of our games and see if you get something in return.

This is just for them but it gives you a good idea of what you should use.

Grand_Voyageur

sr. member

Activity: 322

Merit: 250

https://dadice.com | Click my signature to join!

Quote from: dance4gold on March 21, 2015, 04:42:03 PM

Quote from: asuryan180 on March 21, 2015, 04:28:27 PM

I am pretty sure that any wallet you choose can be used to withdraw from and deposit to gambling sites with no issues, if i had some advice to give that would be to only transfer from your wallet to the gambling site that you do not mind losing and that way you have control over your funds never send more that is a recipe for disaster and don't want that happening do we!? Good luck and welcome

The reason for seeking input is bcos coinbase sent an email warning of account may be suspended for transactions relating to online gambling.
This has to do with violation of their Terms.

If you use a PC-wallet like Bitcoin Core, Armory, MultiBit or Electrum you could be safe enough. If you would like to add an extra-layer of plausible deniability over the origin of your BTC you should consider sending the BTC you withdraw from gambling site to a mixing service - like bitmixer.io - who in turn sent them to your PC wallet. Wash, rinse, repeat...if you wish to send some BTC back into coinbase.
Wink

RHavar

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Activity: 1463

Merit: 1886

Quote from: louisp8731 on April 15, 2015, 06:37:37 AM

Interesting. So is that 1 % charge a single-time fee or a charge on every transaction?

It's on every cold address deposit. Deposits that go into the hot wallet are free, and withdrawals have a static 100 bit fee (just to pay mining fees)

louisp8731

newbie

Activity: 42

Merit: 0

Quote from: BoB_MarleY on April 15, 2015, 07:25:07 AM

Quote from: dance4gold on March 21, 2015, 04:20:00 PM

I've read that blockchain wallet has no issue for users to send and withdraw bitcoin from gambling sites.
Any other wallets that are also gambling site friendly?
Your input is much appreciated...

if you have little BTC, in this case my advice is to XAPO wallet, however, if you have at least 1 BTC or more, my advice is - only bitcoin-QT

Thanks for the advice. I'll stick to the Bitcoin QT

BoB_MarleY

hero member

Activity: 756

Merit: 500

Quote from: dance4gold on March 21, 2015, 04:20:00 PM

I've read that blockchain wallet has no issue for users to send and withdraw bitcoin from gambling sites.
Any other wallets that are also gambling site friendly?
Your input is much appreciated...

if you have little BTC, in this case my advice is to XAPO wallet, however, if you have at least 1 BTC or more, my advice is - only bitcoin-QT

louisp8731

newbie

Activity: 42

Merit: 0

Quote from: RHavar on April 14, 2015, 09:08:49 AM

We designed the MoneyPot.com wallet specifically for this use-case. The problem with using blockchain.info's wallet or even a local wallet, is in general it doesn't make it any more difficult to see that you're gambling. Coins go from coinbase, to your address and then straight from you address to the casino. There's not much obfuscation going on here.

A much harder to trace way, is instead to withdraw to an exchange (localbitcoins is my favorite for this) and then withdraw from there. With small amounts of money, it's quite improbable that your spends even have your deposits as inputs.

If you're willing to pay for the service, we took the idea even a bit further on MoneyPot.com with "cold addresses" which go direct to our cold storage. As such we can guarantee no withdrawals will use these as inputs (at least for amounts less than a couple hundred bitcoins), and it has the benefit of not looking like the coins were mixed but just transferred to an address where they don't move for a while. The only real draw back here, is we have to charge a 1% fee on cold address deposits or it would be the preferred way to deposit money in moneypot.com and be almost impossible to manage

Interesting. So is that 1 % charge a single-time fee or a charge on every transaction?

RHavar

legendary

Activity: 1463

Merit: 1886

We designed the MoneyPot.com wallet specifically for this use-case. The problem with using blockchain.info's wallet or even a local wallet, is in general it doesn't make it any more difficult to see that you're gambling. Coins go from coinbase, to your address and then straight from you address to the casino. There's not much obfuscation going on here.

A much harder to trace way, is instead to withdraw to an exchange (localbitcoins is my favorite for this) and then withdraw from there. With small amounts of money, it's quite improbable that your spends even have your deposits as inputs.

If you're willing to pay for the service, we took the idea even a bit further on MoneyPot.com with "cold addresses" which go direct to our cold storage. As such we can guarantee no withdrawals will use these as inputs (at least for amounts less than a couple hundred bitcoins), and it has the benefit of not looking like the coins were mixed but just transferred to an address where they don't move for a while. The only real draw back here, is we have to charge a 1% fee on cold address deposits or it would be the preferred way to deposit money in moneypot.com and be almost impossible to manage

bitbaby

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Activity: 812

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Quote from: Slark on April 09, 2015, 09:48:27 AM

I am always using Bitcoin QT (core) when I want to withdraw my btc from online casino and I can tell you it works great everytime. I encountered no problem so far. I do not believe in that lightweight wallets and I am afraid to use online services to store my coins...

I don't trust online services either but most people including me use light-weight wallets such as Electrum because it is not easy to download the complete blockchain which is required to use Bitcoin-QT and it takes a lot of time and bandwidth.

louisp8731

newbie

Activity: 42

Merit: 0

Quote from: thebitcoinquiz.com on April 08, 2015, 07:40:44 AM

Quote from: dance4gold on March 21, 2015, 04:20:00 PM

I've read that blockchain wallet has no issue for users to send and withdraw bitcoin from gambling sites.
Any other wallets that are also gambling site friendly?
Your input is much appreciated...

I've been using copay wallet for quite sometime now and the wallet is pretty good and yes it does accept deposits and withdraws from gambling sites and also it is available on all platforms.
Just don't use coinbase and you should be fine.

Yes coinbase should be avoided so I've heard.

louisp8731

newbie

Activity: 42

Merit: 0

Quote from: Slark on April 09, 2015, 09:48:27 AM

I am always using Bitcoin QT (core) when I want to withdraw my btc from online casino and I can tell you it works great everytime. I encountered no problem so far. I do not believe in that lightweight wallets and I am afraid to use online services to store my coins...

I also use Bitcoin QT, I don't know it's just a habit!

Slark

legendary

Activity: 1862

Merit: 1004

I am always using Bitcoin QT (core) when I want to withdraw my btc from online casino and I can tell you it works great everytime. I encountered no problem so far. I do not believe in that lightweight wallets and I am afraid to use online services to store my coins...

Raimonn

legendary

Activity: 1456

Merit: 1001

Xapo wallet is friendly for casions? I never tested it.
Anyone used it?

Thanks.

VytautasK

hero member

Activity: 546

Merit: 500

https://spectrocoin.com doesn't have any issues with it.

louisp8731

newbie

Activity: 42

Merit: 0

Quote from: thebitcoinquiz.com on April 08, 2015, 07:40:44 AM

Quote from: dance4gold on March 21, 2015, 04:20:00 PM

I've read that blockchain wallet has no issue for users to send and withdraw bitcoin from gambling sites.
Any other wallets that are also gambling site friendly?
Your input is much appreciated...

I've been using copay wallet for quite sometime now and the wallet is pretty good and yes it does accept deposits and withdraws from gambling sites and also it is available on all platforms.
Just don't use coinbase and you should be fine.

Copay? Sounds good I'll give it a try. Thanks a lot for the advice.

thebitcoinquiz.com

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Activity: 280

Merit: 250

Quote from: dznuts85 on April 08, 2015, 07:47:50 AM

Quote from: dance4gold on March 21, 2015, 04:20:00 PM

I've read that blockchain wallet has no issue for users to send and withdraw bitcoin from gambling sites.
Any other wallets that are also gambling site friendly?
Your input is much appreciated...

If you are reffering for luckybit and other like sites that instantly pays to the address that is used when sending bets then yes, blockchain.info wallet is the one you are looking for

Blockchain isn't just good for instant bouncing back payments but its also good for sites like primedice(which cashout on demand), there are some wallets that even block primedice payments too but I blockchain is fine for everything.

Raimonn

legendary

Activity: 1456

Merit: 1001

I use "Bitwallet" an IOS friendly wallet, and works well with casinos and other web-games.

Topic: Bitcoin casino friendly wallets (Read 2200 times)