Why Opening an Account in a Bitcoin Sportsbook is the Future of Sports Betting - page 2.

Hamphser

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Quote from: Fivestar4everMVP on May 12, 2023, 01:44:23 PM

Quote from: dezoel on May 12, 2023, 12:53:19 PM

Quote from: danadc on May 11, 2023, 11:01:27 AM

Quote from: Alphie12 on May 09, 2023, 02:05:41 PM

I play at multiple sportsbooks so bitcoin books are a must. Instead of keeping money at 3 books, I can transfer money back and forth fast.

But since you do it , bitcoin transactions are very expensive, and if you use LN it is still expensive , it is best to Choose to use sports betting with a site that guarantees that you can withdraw without fees, there are casinos that do it and that assume that expense , and the casinos that implement it will be loved by the players, any player who takes 20 dollars or 10 dollars or even 5 dollars hurts , because to win 1 dollar Playing sometimes it becomes quite difficult to leave them there for a fee that is very much stop, I do not think that these things Should be left like that, the more Improvements they make in a casino, the more they will Attract their clients and they will be more Successful.

Bitcoin transactions are only temporarily expensive and they will be normal in a few days, I don't think one should change their casino preference only for an issue that isn't permanent,

Though I've not done any bitcoin transactions lately, for like 4 or 5 days now I believe, but learnt the high fees is a thing of the past again as it seems its now back to normal, and as a proof, exchange I trade on which had bitcoin withdrawals suspended due to the high fees, have now reopened withdrawals, so clearly, the bitcoin transaction fees are good now.

Quote

also, what casino pays the transaction fees for their gamblers? They will need to pay a lot of money only in fees if they charge nothing to their players for withdrawals.

They can do one thing and that is to not charge extra money for withdrawals and only take what the network takes as the fees for a certain transaction, that can be understood, but they would obviously not pay the fees themselves for every single player.

Casino paying taking care of customers withdrawal fees is a big sacrifice and one that should be really commended if it's true, a casino that can do this must be a new casino with not much customers yet, and probably, the withdrawals without paying blockchain fees is a marketing strategy for them.. This is if it's true though as I am yet to believe that any casino would allow their users free withdrawal at a time as this.

On the time just like this on which a casino who do really have that free withdrawal fee or having no charges would really be having a challenge on going in line with that kind of offering considering that the current fees now on Bitcoin is really on that too high or something that would really make some huge expense if ever a casino does have this kind of offering but just like been said that the condition is gradually
been subsiding on which the fees arent really that much expensive compared few days back which it did almost hit 20 bucks. It might be sound too small but having that lots of players on your platform
asking or making withdrawals then for sure it would really be making some big hit into your profitability.

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Quote from: dezoel on May 12, 2023, 12:53:19 PM

Quote from: danadc on May 11, 2023, 11:01:27 AM

Quote from: Alphie12 on May 09, 2023, 02:05:41 PM

I play at multiple sportsbooks so bitcoin books are a must. Instead of keeping money at 3 books, I can transfer money back and forth fast.

But since you do it , bitcoin transactions are very expensive, and if you use LN it is still expensive , it is best to Choose to use sports betting with a site that guarantees that you can withdraw without fees, there are casinos that do it and that assume that expense , and the casinos that implement it will be loved by the players, any player who takes 20 dollars or 10 dollars or even 5 dollars hurts , because to win 1 dollar Playing sometimes it becomes quite difficult to leave them there for a fee that is very much stop, I do not think that these things Should be left like that, the more Improvements they make in a casino, the more they will Attract their clients and they will be more Successful.

Bitcoin transactions are only temporarily expensive and they will be normal in a few days, I don't think one should change their casino preference only for an issue that isn't permanent,

Though I've not done any bitcoin transactions lately, for like 4 or 5 days now I believe, but learnt the high fees is a thing of the past again as it seems its now back to normal, and as a proof, exchange I trade on which had bitcoin withdrawals suspended due to the high fees, have now reopened withdrawals, so clearly, the bitcoin transaction fees are good now.

Quote

also, what casino pays the transaction fees for their gamblers? They will need to pay a lot of money only in fees if they charge nothing to their players for withdrawals.

They can do one thing and that is to not charge extra money for withdrawals and only take what the network takes as the fees for a certain transaction, that can be understood, but they would obviously not pay the fees themselves for every single player.

Casino paying taking care of customers withdrawal fees is a big sacrifice and one that should be really commended if it's true, a casino that can do this must be a new casino with not much customers yet, and probably, the withdrawals without paying blockchain fees is a marketing strategy for them.. This is if it's true though as I am yet to believe that any casino would allow their users free withdrawal at a time as this.

dezoel

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Quote from: danadc on May 11, 2023, 11:01:27 AM

Quote from: Alphie12 on May 09, 2023, 02:05:41 PM

I play at multiple sportsbooks so bitcoin books are a must. Instead of keeping money at 3 books, I can transfer money back and forth fast.

But since you do it , bitcoin transactions are very expensive, and if you use LN it is still expensive , it is best to Choose to use sports betting with a site that guarantees that you can withdraw without fees, there are casinos that do it and that assume that expense , and the casinos that implement it will be loved by the players, any player who takes 20 dollars or 10 dollars or even 5 dollars hurts , because to win 1 dollar Playing sometimes it becomes quite difficult to leave them there for a fee that is very much stop, I do not think that these things Should be left like that, the more Improvements they make in a casino, the more they will Attract their clients and they will be more Successful.

Bitcoin transactions are only temporarily expensive and they will be normal in a few days, I don't think one should change their casino preference only for an issue that isn't permanent, also, what casino pays the transaction fees for their gamblers? They will need to pay a lot of money only in fees if they charge nothing to their players for withdrawals.

They can do one thing and that is to not charge extra money for withdrawals and only take what the network takes as the fees for a certain transaction, that can be understood, but they would obviously not pay the fees themselves for every single player.

Cling18

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Quote from: danadc on May 11, 2023, 11:01:27 AM

Quote from: Alphie12 on May 09, 2023, 02:05:41 PM

I play at multiple sportsbooks so bitcoin books are a must. Instead of keeping money at 3 books, I can transfer money back and forth fast.

But since you do it , bitcoin transactions are very expensive, and if you use LN it is still expensive , it is best to Choose to use sports betting with a site that guarantees that you can withdraw without fees, there are casinos that do it and that assume that expense , and the casinos that implement it will be loved by the players, any player who takes 20 dollars or 10 dollars or even 5 dollars hurts , because to win 1 dollar Playing sometimes it becomes quite difficult to leave them there for a fee that is very much stop, I do not think that these things Should be left like that, the more Improvements they make in a casino, the more they will Attract their clients and they will be more Successful.

Even if Bitcoin is the greatest currency to use for sports betting, it's probable that the majority of us will look for casinos that support another sort of altcoin in order to avoid paying huge transaction fees. Everyone will be affected by the mempool congestion, and we won't be able to withdraw our money easily with any other options.
Bitcoin is without a doubt the most significant top coin we could select, but at the moment, I believe the main focus of players is simply to discover casinos that offer reduced fees or find ways to transact without having a significant impact on their funds.

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Quote from: Alphie12 on May 09, 2023, 02:05:41 PM

I play at multiple sportsbooks so bitcoin books are a must. Instead of keeping money at 3 books, I can transfer money back and forth fast.

But since you do it , bitcoin transactions are very expensive, and if you use LN it is still expensive , it is best to Choose to use sports betting with a site that guarantees that you can withdraw without fees, there are casinos that do it and that assume that expense , and the casinos that implement it will be loved by the players, any player who takes 20 dollars or 10 dollars or even 5 dollars hurts , because to win 1 dollar Playing sometimes it becomes quite difficult to leave them there for a fee that is very much stop, I do not think that these things Should be left like that, the more Improvements they make in a casino, the more they will Attract their clients and they will be more Successful.

TheGreatPython

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Quote from: YOSHIE on May 09, 2023, 11:07:16 AM

Quote from: nitrobetting on May 02, 2023, 09:12:02 AM

Don't miss out on the future of sports betting. Open an account with a Bitcoin sportsbook today and start enjoying the convenience and security you deserve.

I'm pretty sure, users and those who bet on sports-type gambling, placing bets on not just 1 or 2 gambling sites, maybe the Bitcoin Sportsbook gambling site, has been their choice from the start until now, including I have an account on the Bitcoin Sportsbook gambling site.

We understand that every sports betting site offers different sports payouts/wins, but for me sports betting sites are the same, although some sportsbook betting sites have different options, the point is we stick to the analysis and development guidelines of the team that bets, bets on the Bitcoin Sportsbook gambling site, if not based on a number of things in the bet the result will still be the same and it doesn't work.

There can be some differences in different sports betting platforms, the very first thing that will surely be different is the reputation and trust of the community on different sports betting platforms. Some are older and more reputed while some are new in the competition and are only just building their reputation within the community.

There can also be a slight difference in the odds of different sportsbooks for the same matches, it won't really be much but only in fractions sometimes. So basically, every sportsbook is slightly different than the other.

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Quote from: LUCKMCFLY on May 10, 2023, 11:03:34 PM

The thread is very interesting,especially for casinos that always demand such high requirements,Generally the casinos that are older do not realize that their offers and Promotions are not much about those bonuses? Or those promotions that so many new casinos do?It's simple,they understood that as people play they only seek to win, and that a bonus generally achieves that goal by being more Beneficial for the casino, Where there are fairer Promotions and that may have a Greater or equivalent weight to the player, I think That's where things would change.

I agree with what you said mate and the average older casinos prioritize customer service to the exclusion of bonuses.
Actually, all are equally important, but having good service can make customers feel satisfied and become loyal customers.
It's different from bonuses, because if a gambler plays or is interested in a casino, it's only caused by a bonus, so in the future, if there is a more attractive bonus, he can just leave the casino and prefer another casino with a more attractive bonus.
I myself prefer service over bonuses for things that the casino should prioritize.

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The thread is very interesting,especially for casinos that always demand such high requirements,Generally the casinos that are older do not realize that their offers and Promotions are not much about those bonuses? Or those promotions that so many new casinos do?It's simple,they understood that as people play they only seek to win, and that a bonus generally achieves that goal by being more Beneficial for the casino, Where there are fairer Promotions and that may have a Greater or equivalent weight to the player, I think That's where things would change.

_act_

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Quote from: davis196 on May 07, 2023, 01:42:32 AM

I'm wondering why Bitcoin/crypto sportsbooks haven't wiped out all the traditional fiat sportsbooks by now. Grin

Maybe it's because they don't have such big advantages over the fiat sports betting platforms.

If it is a foreign fiat gambling sites, comparing them with bitcoin and other crypto gambling sites, bitcoin and other crypto gambling sites would win. But there are local fiat gambling sites that can not make bitcoin and crypto gambling site to win as they will stalemate. If you have gambled on local fiat gambling sites before you will understand what I am talking about. Even the withdrawal of money on local fiat gambling site is low and free.

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I play at multiple sportsbooks so bitcoin books are a must. Instead of keeping money at 3 books, I can transfer money back and forth fast.

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Quote from: Fortify on May 07, 2023, 08:17:48 AM

It's interesting you mention lower fees, because we are currently seeing a massive spike in the cost of transacting in bitcoin. It cost me $10 to settle a $65 trade this morning and that certainly is not sustainable. Unless these prices come down soon it could prove ruinous for the future success of cryptocurrency, all because some people want to abuse the Blockchain in new ways and trade junk NFTs. Hopefully the developers find a fix to this because it's at damaging cost levels right now.

That doesn't happen very often with Bitcoin, the transaction fees for Bitcoin are mostly low but they get high when the network is congested by more users than expected and that causes such hikes in transaction fees. When it comes to gambling, one should use some other cryptocurrencies until the dust settles and Bitcoin's transaction fees become low again.

It is going to be a difficult time for traders who transact Bitcoin here and there multiple times a day, seven days a week. Though it gets back to normal, if something can be done as a quick fix, that will definitely help a lot of people.

YOSHIE

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Quote from: nitrobetting on May 02, 2023, 09:12:02 AM

Don't miss out on the future of sports betting. Open an account with a Bitcoin sportsbook today and start enjoying the convenience and security you deserve.

I'm pretty sure, users and those who bet on sports-type gambling, placing bets on not just 1 or 2 gambling sites, maybe the Bitcoin Sportsbook gambling site, has been their choice from the start until now, including I have an account on the Bitcoin Sportsbook gambling site.

We understand that every sports betting site offers different sports payouts/wins, but for me sports betting sites are the same, although some sportsbook betting sites have different options, the point is we stick to the analysis and development guidelines of the team that bets, bets on the Bitcoin Sportsbook gambling site, if not based on a number of things in the bet the result will still be the same and it doesn't work.

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Quote from: Fivestar4everMVP on May 06, 2023, 09:53:21 AM

I also have only visited a land based casino only once in my lifetime, I've never again since my first visit, all my gambling and betting activities have been online.
Here In my country, precisely the area where I live here, there probably are no land based casinos, but there are sports betting shops scattered every where, and I still see many people trooping in and out of the shops, and this is because, we have local online sports betting here which also have affiliation with several shop owners, who easily convert their shops to sports betting portal for those who don't own a smart phone to access the betting website.

I think local sports betting is barely available online in most regions, it's good if there is a website for local games where people can place their bets without having to go somewhere for doing that but as you said, not everyone can have access to it and even they can through someone else, a lot of people just like the traditional ways of doing it.

Offline sports betting has obviously lost its essence, especially when it comes to international games. People obviously would prefer more convenient way for doing that. Online platforms also let you bet on games without even letting anyone know at all.

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Quote from: Ebede on May 08, 2023, 04:46:29 PM

This particular kind of topic has been established before by the same person I think that the place I posted the now narrated the same thing in this topic so I don't really know if both are pointing at the same thing

even though this kind of topic has been arrested or stated in this particular platform I think that it is better for you to just make your own suggestion and they stop condemning what another person's right to construct and put it in writing so I believe that we should stop attacking each other attacking each other we have no benefit on it will only going to get degrade from our own inside

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This particular kind of topic has been established before by the same person I think that the place I posted the now narrated the same thing in this topic so I don't really know if both are pointing at the same thing

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Quote from: Webetcoins on May 08, 2023, 03:44:04 AM

Quote from: Magoo8 on May 04, 2023, 10:52:03 AM

Quote from: Solosanz on May 04, 2023, 09:19:33 AM

Aside from the @OP shilling his casino by creating a common discussion thread.

There's a newbie account jump in this discussion and shilling this casino too, maybe it's the @OP alt or another team member of their casino Cheesy

@Solosanz We both signed up in 2020. I lurk more than anything else. You shouldn't accuse someone of shilling when a huge amount of your posts concern Duelbits.

I don't see why you can't be his alt if you both signed up in 2020. Can't a person create two accounts at the same time, day, week, month, or year? Of course, they can, so it is not really a good counter argument for you to say that one cannot call you an alt account of someone else only because you both signed up in the same year.

About his posts being concerned about Duelbits is probably because they are enrolled in a signature campaign that Duelbits is running on the forum and they are directly advertising their services on the forum, I don't know why you are implying it like he is someone from Duelbits team shilling the platform here.

I came to bitcointalk because I had a problem with betroar. It didn't have anything to do with 2 accounts. Solosnz called me a newbie. I just pointed out that he and I both signed up in 2020. I'm not really a newbie. Then I pointed out that Solosanz does a ton of promoting for Duelbits. He starts threads for them. It's understandable why he posts negative things about Nitrobetting without ever playing there.

Maybe we should ignore the opinion of everyone in a signature campaign because they are going to promote that book and be negative on the others. How much do people make in a signature campaign and what do they have to do?

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Quote from: Magoo8 on May 04, 2023, 10:52:03 AM

Quote from: Solosanz on May 04, 2023, 09:19:33 AM

Aside from the @OP shilling his casino by creating a common discussion thread.

There's a newbie account jump in this discussion and shilling this casino too, maybe it's the @OP alt or another team member of their casino Cheesy

@Solosanz We both signed up in 2020. I lurk more than anything else. You shouldn't accuse someone of shilling when a huge amount of your posts concern Duelbits.

I don't see why you can't be his alt if you both signed up in 2020. Can't a person create two accounts at the same time, day, week, month, or year? Of course, they can, so it is not really a good counter argument for you to say that one cannot call you an alt account of someone else only because you both signed up in the same year.

About his posts being concerned about Duelbits is probably because they are enrolled in a signature campaign that Duelbits is running on the forum and they are directly advertising their services on the forum, I don't know why you are implying it like he is someone from Duelbits team shilling the platform here.

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Quote from: jostorres on May 07, 2023, 04:29:31 AM

Quote from: danadc on May 05, 2023, 01:20:52 PM

Quote from: Magoo8 on May 04, 2023, 08:16:15 PM

As I said earlier, I mostly lurk. Then someone said all other casinos have what Nitrobetting has which isn't the case. Nitrobetting has a racebook, no KYC and sports bonuses. No other casino has all of this. Most give casino bonuses but nothing for sports.

This is very similar to what freebitcoin does, because they always say that the accounts can be used as a wallet to store bitcoin, there is nothing wrong with it because it gives confidence and if that happens it is because things are going well,it gives confidence to its players and that is what is sought,to have the highest degree of trust with customers , so it may be that now they do many more things to continue looking for more Attraction to the casino and it was discovered that this is a way ,it does not seem bad to me, It is not unfair Competition either and I think that if they continue looking for good Options to attract players it is a great Strategy and without kyc it is better.

No matter how much trust and confidence a platform puts into it, it is never a good choice to use an online platform, whether a casino, an exchange, or any other platform, to store you Bitcoins or cryptocurrencies while there are custodial wallets that provides you with the best possible security to store and safeguard your cryptocurrencies.

A casino or a gambling platform should only focus on providing the best gambling experience to its customers instead of focusing on these things in my opinion. They should just take care of the security of the funds of their customers that are deposited and that should be enough.

Fool me twice, shame on me, or words to that effect. If you fool me again, I will hold you personally responsible. Storing your cryptocurrency online is fraught with enormous potential for error.

In spite of their claims of being more secure than Fort Knox, hackers, con artists, and other unsavory characters can nevertheless gain access to these digital establishments. That's why it's smart to take charge and use a cold storage wallet to protect your cryptocurrency holdings.

When it comes to providing a safe and exciting entertainment experience, casinos should stick to what they know best. The security experts can take care of business while the high rollers do what they do best: celebrate their good fortune and have a good time.

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Quote from: South Park on May 07, 2023, 03:34:24 PM

Quote from: Fortify on May 07, 2023, 08:17:48 AM

It's interesting you mention lower fees, because we are currently seeing a massive spike in the cost of transacting in bitcoin. It cost me $10 to settle a $65 trade this morning and that certainly is not sustainable. Unless these prices come down soon it could prove ruinous for the future success of cryptocurrency, all because some people want to abuse the Blockchain in new ways and trade junk NFTs. Hopefully the developers find a fix to this because it's at damaging cost levels right now.

I think the same, I can understand that the fees can be high when the market is bullish, as everyone is moving their money in and out of exchanges trying to outsmart each other and this in turn creates a huge spike on the demand to get our transactions to be confirmed as quickly as possible, but when that spike is caused by a bunch of NFTs which have no value at all then this is simply not right, those people have many other chains in which to release their NFTs, so doing so now not only is inconvenient for everyone else, but it seems as if it is a veiled attack on the network, as if things are this bad now then how bad they will get once the bull market comes?

If you think you are paying higher than the above normal fees, why not wait for the network to lower their fees?
That is, if you have time to wait. As of now, we have other networks like MATIC, BSC, FTM, SOL, AVAX and others.
Just check if the platform is supporting any of the alternative networks. Because one mistake and you won't recover your funds.
But so far, if you have some satoshis to use, you can easily register an account to any top casinos found in the forum.
Do remember to check the ToS, if your country is not in the prohibited list, and their KYC requirements, and also their deposit/withdrawal terms.
The convenience of opening an account in a crypto casino or sportsbook is always there, but there are other accompanying responsibilities that you need to take care just like mentioned earlier.

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Quote from: Fortify on May 07, 2023, 08:17:48 AM

It's interesting you mention lower fees, because we are currently seeing a massive spike in the cost of transacting in bitcoin. It cost me $10 to settle a $65 trade this morning and that certainly is not sustainable. Unless these prices come down soon it could prove ruinous for the future success of cryptocurrency, all because some people want to abuse the Blockchain in new ways and trade junk NFTs. Hopefully the developers find a fix to this because it's at damaging cost levels right now.

I think the same, I can understand that the fees can be high when the market is bullish, as everyone is moving their money in and out of exchanges trying to outsmart each other and this in turn creates a huge spike on the demand to get our transactions to be confirmed as quickly as possible, but when that spike is caused by a bunch of NFTs which have no value at all then this is simply not right, those people have many other chains in which to release their NFTs, so doing so now not only is inconvenient for everyone else, but it seems as if it is a veiled attack on the network, as if things are this bad now then how bad they will get once the bull market comes?

Topic: Why Opening an Account in a Bitcoin Sportsbook is the Future of Sports Betting - page 2. (Read 857 times)