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Topic: What is the best bitcoin wallet for online gambling? - page 4. (Read 4380 times)

hero member
Activity: 644
Merit: 501
You definitely don't want to mess with anything wallet that you don't control the keys of when you gamble. That includes coinbase, Xapo, Circle. Anything that isn't directly in control of you, you shouldn't use it to gamble. Otherwise you are risking your account being frozen and forcing to get your bitcoins out of their system in the best case scenario, or the worst case scenario losing all your coins. I'd say blockchain.info is the easiest wallet to use as a gambling wallet.
legendary
Activity: 1148
Merit: 1006
only use coinbase and blockchain for my wallet, because coinbase not support to gambling , untill now i still use blockchain.info as my wallet

Blockchain should be a good for gambling because so for I never had any issues with this online wallet. I have an account with coinbase but I never used it for any purpose yet. It is an additional wallet for me. Apart from these two, I also used XAPO account with their debit card to withdraw cash from the ATM.
legendary
Activity: 3094
Merit: 1127
only use coinbase and blockchain for my wallet, because coinbase not support to gambling , untill now i still use blockchain.info as my wallet

Coinbase doesnt really  support  to  accept  bitcoins from  gambling sites   because if  they  caught  you, your account would be freeze for  sure  just  like circle same as  other  members said here.   BLockchain  doesnt have any restrictions and  you could able to  use  it  whenever   you  want. Doesnt   restrict  you  from  gambling  thats  why  i recommend this   web wallet for everyone  especially to those  gamblers.
hero member
Activity: 840
Merit: 501
Strength in Numbers
why do some bitcoin wallets not allow you to participate in online gambling? i thought governments couldn't regulate bitcoin

Because those particular online bitcoin wallet providers are being permitted and registered in the government/country where they are operating.

And it is on their contract that those providers will not process and allow a person their bitcoin who will earn from bitcoin gambling sites.

Just learn to know those bitcoin wallet sites who aren't accepting bitcoin from gambling.
newbie
Activity: 58
Merit: 0
only use coinbase and blockchain for my wallet, because coinbase not support to gambling , untill now i still use blockchain.info as my wallet
legendary
Activity: 1456
Merit: 1023
Blockchain.info seems to be the best online wallet for the gambling purpose. As one of the user quoted the old version is very user friendly, now the latest one has got few advancements among which you can note the particular event name over the transaction details. Another important factor with Blockchain.info wallet is its confirmations happening in very short time compared to transaction from other online wallet's.

I do agree that blockchain should be a good option to consider. But I also use XAPO account so far so good, but I didn't deposit any money to gambling sites from this account yet, but I sent money to many others from this account, and I find transactions are quite fast and I find both XAPO and Blockchain transaction confirmations are also most same.
full member
Activity: 154
Merit: 100
why do some bitcoin wallets not allow you to participate in online gambling? i thought governments couldn't regulate bitcoin

Government can't regulate bitcoin, but if a company starts a wallet service and want to do it legally they will need to follow some laws.
If you don't use an online wallet you will not have problems with that.

The best thing to do is start stopping using that wallet. Bitcoin wallets should offer a free world to people, and if they don't allow people use the wallet money to bet, it's not the free world of Bitcoin. The good point is that we have a lot of different wallets to use, and if one of the wallets is censuring our individual rights, we can just change to another one.
Whether each wallet know of our activities if we use for gambling? I think not, because every transaction although often surely there is no limit. I am using XAPO and Coinbase wallet, every day I received payment from cloud mining program, although the numbers are small, and until now never arrested. Sometimes, I also join the gambling with sent to many wallets and also never imprisoned. I think XAPO and Coinbase is the best wallet for gambling.
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
why do some bitcoin wallets not allow you to participate in online gambling? i thought governments couldn't regulate bitcoin

Government can't regulate bitcoin, but if a company starts a wallet service and want to do it legally they will need to follow some laws.
If you don't use an online wallet you will not have problems with that.

The best thing to do is start stopping using that wallet. Bitcoin wallets should offer a free world to people, and if they don't allow people use the wallet money to bet, it's not the free world of Bitcoin. The good point is that we have a lot of different wallets to use, and if one of the wallets is censuring our individual rights, we can just change to another one.
legendary
Activity: 1470
Merit: 1001
why do some bitcoin wallets not allow you to participate in online gambling? i thought governments couldn't regulate bitcoin

Government can't regulate bitcoin, but if a company starts a wallet service and want to do it legally they will need to follow some laws.
If you don't use an online wallet you will not have problems with that.
hero member
Activity: 1232
Merit: 669
Any non-third party wallet, I mean "XAPO COINBASE"

All hardware wallets are good for gambling:  Multibit,Electrum,Bitocoin Core.

Online wallet I use: blockchain.info

One advice: when you are doing gamble online, please hold private keys of all your directions, if you are a big whale is better to use cold wallets.
sr. member
Activity: 318
Merit: 251
why do some bitcoin wallets not allow you to participate in online gambling? i thought governments couldn't regulate bitcoin
hero member
Activity: 2926
Merit: 636
Im using mycelium for gambling activity. If you are doing gambling dont ever use local wallet/exchange to withdraw and deposit directly to/from gambling site. One reason is you dont have a control in your private key and the worst is they would lock your account if they have found out that your btc is from gambling.
I have been using my local exchange for two years now, so it's not true that our account will be lock if we are getting transactions with gambling sites. I think the government will not look on that too much as since we are anonymous I do not think they can get any evidence that would make the action of locking a certain account.
legendary
Activity: 1008
Merit: 1000
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legendary
Activity: 2058
Merit: 1015
Im using mycelium for gambling activity. If you are doing gambling dont ever use local wallet/exchange to withdraw and deposit directly to/from gambling site. One reason is you dont have a control in your private key and the worst is they would lock your account if they have found out that your btc is from gambling.
hero member
Activity: 840
Merit: 502
If you are going to gamble then I think is better for you to maintain your exchanges account separated from your gambling account that way you will not have to worry whether or not you will get your account closed or anything like that.
legendary
Activity: 2674
Merit: 1048
Don't use online/exchange web wallet to storing your coin, too risky than use as gambling, everytime they will turn into scam wallet or hacked web, better to afford your coin for gambling, because you used it for effort(make a bet).

any wallet that let you keep your private keys is good for gambling , I don't even consider coinbase and similar services as wallets so people should only use them as exchanges
personally I use blockchain for all my online activities , not sure if it's the best online wallet but I'm using it since I was introduced to bitcoin and never had a problem

Blockchain is not really recommend wallet since their wallet removed from bitcoin.org wallet list, because their service have a some problem, even a lot people lost their coin.
any online wallet are really not recommended if you storing a lot of bitcoin as the private key held by third party , they can access to your wallet anytime , but if you store small amount only that is fine .

especially to gamble , i prefer to use blockchain too , the reason why blockchain removed fom bitcoin.org because they have several security vulnerabilities , but now they have fixed it.
hero member
Activity: 756
Merit: 504
Blockchain.info seems to be the best online wallet for the gambling purpose. As one of the user quoted the old version is very user friendly, now the latest one has got few advancements among which you can note the particular event name over the transaction details. Another important factor with Blockchain.info wallet is its confirmations happening in very short time compared to transaction from other online wallet's.
I agree I am also using this for gambling purpose and all my other works its great to have this we can control our money and its safe much better then exchanges where we can lost any time and some need verification for limits
legendary
Activity: 1694
Merit: 1005
Betting Championship betking.io/sports-leaderboard
I personally use multibit but I've heard good things about coinbase.
Any reason, for multibit not being in the list? I'm not from the US, so I don't have any problem in making deposits or withdrawing with bitcoin for now.
legendary
Activity: 3234
Merit: 1214
casinosblockchain.io
Blockchain.info seems to be the best online wallet for the gambling purpose. As one of the user quoted the old version is very user friendly, now the latest one has got few advancements among which you can note the particular event name over the transaction details. Another important factor with Blockchain.info wallet is its confirmations happening in very short time compared to transaction from other online wallet's.
sr. member
Activity: 336
Merit: 250
Whichever bitcoin wallet you choose for gambling, just be sure that it is not a fake wallet. Recently 10's of thousands of dollars worth of bitcoin were stolen from unsuspecting bitcoin users who accidentally download fake bitcoin wallets from the iTunes App Store. Since most btc wallets are open source, the thieves were able to create replica wallets that looked like the real thing. The only difference was deposits were directly into their own wallets.
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