Author

Topic: Run your own sportsbook (Read 418 times)

legendary
Activity: 3332
Merit: 1191
May 02, 2016, 03:03:37 PM
#5
Hi forum members,

What is your opinion about running Bitcoin sportsbook? What about Bitcoin is it popular payment in sport betting industry?


You need to have a lot of experience before you can start run sportsbook. With btc or other currency it doesn`t really matter, its the same method.
People give to big fees for gambling in dollars or euros, I heard some nice stories about bovada and how people gambled there before with dollars and how much money they lose on fee`s. That is one of the reasons why bitcoin will make big success in gambling if everything stay as it is.

I understand you wish to run sportsbook so you need money for that, but if you wish to bet on sports then nitrogen is nice place, directbet, from recently betking (but I didn't try sportsbook there), betcoin.ag.. and many other. You can choose.
sr. member
Activity: 406
Merit: 250
May 02, 2016, 03:01:33 PM
#4
Can be much more than 1% if Uk will legalise gambling with bitcoin,many uk citzens very unhappy with bookies
what are suspending his accounts after big wins,but it is not easy business

Ifs and buts. Punters by the very nature are not happy with the bookies. The winners get shut down and the losers are losing. The likes of old Terry who bets 20p each way on a horse is happy if he gets his free cup of coffee.
Pab
legendary
Activity: 1862
Merit: 1012
May 02, 2016, 02:57:46 PM
#3
Can be much more than 1% if Uk will legalise gambling with bitcoin,many uk citzens very unhappy with bookies
what are suspending his accounts after big wins,but it is not easy business
sr. member
Activity: 406
Merit: 250
May 02, 2016, 02:37:26 PM
#2
Go for it. Although, if I were to pick a number out of the clouds I would say that bitcoin gambling is < 1% of global gambling at present, but that really is a complete guess. But if you wanna do it. You go do it Smiley Cloudbet and Nitrogen Sports seem to be quite popular in this space.
newbie
Activity: 17
Merit: 0
May 02, 2016, 02:00:16 PM
#1
Hi forum members,

What is your opinion about running Bitcoin sportsbook? What about Bitcoin is it popular payment in sport betting industry?
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