Makes no sense whatsoever.
Why ban BTC but not ETH? Onchain fees are now way higher with the crazy ETH gas prices.
I don't understand this move. They clearly want to take advantage of the move of most of the gambling industry towards crypto payments but this is just mind-boggling.
Topic: Bovada removing bitcoin as payment option - page 3. (Read 271 times)
My anonyance is the rate at which online casinos make decisions without passing a questioner so they can get reactions from their users before making any decision. We are gradually coming to a autocratic era where casinos just jump into decision making forgetting their decisions affects their customers. There is actually no legitimate reason for this action. I'm not buying into it at all
Questionnaire could really be done but results wouldnt matter.Why? whenever the government had impossed out such regulation then it would be final.If a certain platform does had been required on doing so then they would follow it no matter what or that would really be end of business.Period.
Im not surprised for these things to happen because as we do go further ahead then regulation does go even more stricter.
Logged in to my bovada account yesterday to find some unfortunate news ( as seen below ). This is very unfortunate and I just don’t understand the move at all. Allowing other crypto coins to be continued to use is what’s really puzzling to me. Anyone familiar with this situation?
It is some very puzzling news and makes me wonder if they have been approached by some sort of financial regulator or their Bitcoin wallet service faces particular issues. It's a highly unusual move and definitely a step backward for this casino but there must be a reason they are throwing away this revenue stream. Maybe they just never had a big enough audience of cryptocurrency betting players to justify the various additional expenses and have other companies offering different cryptocurrency services for much cheaper rates. It's not a big loss to be honest as the cryptobetting scene is a highly competitive market with dozens of major players and they've just ruled themselves out of it. I do find it curious they refer explictly to banning crypto wagering, so maybe they still allow crypto deposits and will just convert it to fiat currency equivalent bet on the fly?
My anonyance is the rate at which online casinos make decisions without passing a questioner so they can get reactions from their users before making any decision. We are gradually coming to a autocratic era where casinos just jump into decision making forgetting their decisions affects their customers. There is actually no legitimate reason for this action. I'm not buying into it at all
Checked online there is literally no news regarding the same. But do you know that they are operating without any licence since 2016? They might not really be considered legal now. But at the same time customer review ratings have always been high for them so they continue to flourish in the US since 2011. ( Some information I got from google)
If they are not supporting bitcoins as a method of payment in betting hands down. This is something that might come just from the new rules and regulations from the commission therefore you can't really do anything about it.
Try some other casinos.
It might be due to high fee as well, are they still using ETH tho?? It was also listed in the top bet online sports book as well.
They might change their decision in a while tho, wait for any news or statements.
If they are not supporting bitcoins as a method of payment in betting hands down. This is something that might come just from the new rules and regulations from the commission therefore you can't really do anything about it.
Try some other casinos.
It might be due to high fee as well, are they still using ETH tho?? It was also listed in the top bet online sports book as well.
They might change their decision in a while tho, wait for any news or statements.
I think you should ask their support to get an answer for both of us. I am really curious as to why they decided to let go of BTC but not other cryptocurrencies.
I can't think of any reason other than bitcoin being too expensive. I mean among all the other cryptocurrencies bitcoin holds the highest price. but then again, I don't why would that be a reason to remove bitcoin on their gambling site.
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This is something that might come just from the new rules and regulations from the commission therefore you can't really do anything about it.
I guess this could be a reason. but why only bitcoin and not other cryptocurrencies. 
Logged in to my bovada account yesterday to find some unfortunate news ( as seen below ). This is very unfortunate and I just don’t understand the move at all. Allowing other crypto coins to be continued to use is what’s really puzzling to me. Anyone familiar with this situation?
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