Whos a bitcoin pro that can help guide me on setting up account for the First time

Search

MLB Junkie
Joined
Feb 12, 2015
Messages
1,411
Tokens
What bitcoin site is the best?...is one better than another or most all the same?

how long would a book like 5d take to make a payout to my bitcoin?...then how long from bitcoin to my bank?

are deposits easy? Any fees?


just sick of the limited payout options and this seems like the best/quickest option..
 

Member
Joined
Sep 21, 2004
Messages
1,415
Tokens
Great Question Bounce....Just got e-mail from Heritage with offer for 100% bonus with first bitcoin deposit. Looking forward to responses...thanks in advance.
 

New member
Joined
Apr 1, 2013
Messages
17
Tokens
I'm no pro by any means (I actually just started with Bitcoin this year but I've made a few transactions). Coinbase is the closest thing to an online e-wallet. You can buy Bitcoins online using a bank transfer - takes 4 days and there's a small fee. It's generally regarded as the best way for newbies to get into BTC.
 
Last edited:

Rx. Senior
Joined
Aug 21, 2002
Messages
8,347
Tokens
Nitrogen, Betcoin, Jetwin and Anonibet are good. Deposits are instant with many bitcoin books and payouts take 2-3 minutes. Large payouts may take a couple of hours. Anonibet can be slow at times but slow is 2 hours.

1. Buy bitcoins through Coinbase.comor Circle.com. Link to bank account.

2. Set up a blockchain.info wallet.

3. Transfer bitcoins from Coinbase or Circle to blockchain.info wallet.

4. Make all deposits and withdrawals between your blockchain.info wallet and sportsbook.

5. To cash out transfer bitcoins from your blockchain.info wallet to Coinbase or Circle.

Misc..

A. Circle and Coinbase start off with fairly low limits that increase with time.

B. Localbitcoins.com is a great place to buy/sell. I've done ****** transactions as well as depositing into someone's Bank of America account and having them put money in my bank account.

C. With localbitcoins, make sure that you are dealing with someone with a 100% reputation and many transactions. There have been a couple of chargebacks with ******/

D. LibertyX has locations where you can buy bitcoins in person. Free up to the first $1000 and 1% after that.

E. It seems very complicated at first but after a couple of transactions, it's very easy.
 

Rx. Senior
Joined
Aug 21, 2002
Messages
8,347
Tokens
Localbitcoins keep bitcoins in escrow to avoid problems. If you sell bitcoins they aren't released until you click payment sent.
 

New member
Joined
Apr 1, 2013
Messages
17
Tokens
Good call on using Blockchain in between. I've read that Coinbase has flagged a few people for online gambling and shut down their account.
 

Member
Joined
Sep 5, 2010
Messages
13,662
Tokens
Watch out, I've heard through the grapevine that posting about Bitcoin can get you banned
 

EV Whore
Joined
Apr 18, 2006
Messages
19,916
Tokens
Nitrogen, Betcoin, Jetwin and Anonibet are good.

Also should be noted that Betcoin is on the Winning Poker Network, the best US-facing poker network.

So in addition to betting sports there you can also play in all the same poker tournaments with the same people as America's Cardroom, Black Chip Poker, 5dimes, DSI, and many others.
 

New member
Joined
Sep 8, 2011
Messages
242
Tokens
True that Coinbase does not want to aid you sending Bitcoins to gambling sites. So use Circle - free to buy Bitcoins and you can link to your checking account. No need to do a wallet, I don't think.

Jetwin is pretty good. Check their odds first. Baseball wasn't good odds, but football should be the usual -110s. They also have a 100% cash bonus, but with a 5x rollover. That's 5x on the deposit plus the bonus.

Nitrogen Sports is also good and has some reduced juice.

GT Bets is now taking Bitcoin and they also have a 100% cash bonus with a 5x rollover. That's 5x on the deposit plus the bonus.

BetOnline and 5Dimes are also now taking BitCoin!

GL!
 

MLB Junkie
Joined
Feb 12, 2015
Messages
1,411
Tokens
see post #4 from raiders for anyone wanting to know how to get started with bitcoin..........
 
Joined
Jan 14, 2007
Messages
8,229
Tokens
Since this was bumped...

anyone still using this option?

any unforeseen snags/issues?

seems at least that this is the way to go if using offshore?
 

Rx. Senior
Joined
Aug 21, 2002
Messages
8,347
Tokens
Nitrogen, Betcoin, Jetwin and Anonibet are good. Deposits are instant with many bitcoin books and payouts take 2-3 minutes. Large payouts may take a couple of hours. Anonibet can be slow at times but slow is 2 hours.

1. Buy bitcoins through Coinbase.comor Circle.com. Link to bank account.

2. Set up a blockchain.info wallet.

3. Transfer bitcoins from Coinbase or Circle to blockchain.info wallet.

4. Make all deposits and withdrawals between your blockchain.info wallet and sportsbook.

5. To cash out transfer bitcoins from your blockchain.info wallet to Coinbase or Circle.

Misc..

A. Circle and Coinbase start off with fairly low limits that increase with time.

B. Localbitcoins.com is a great place to buy/sell. I've done ****** transactions as well as depositing into someone's Bank of America account and having them put money in my bank account.

C. With localbitcoins, make sure that you are dealing with someone with a 100% reputation and many transactions. There have been a couple of chargebacks with ******/

D. LibertyX has locations where you can buy bitcoins in person. Free up to the first $1000 and 1% after that.

E. It seems very complicated at first but after a couple of transactions, it's very easy.

To add you can now use Airbitz as a wallet. Included in the Airbitz app is the glidera exchange. There isn't a need for Coinbase or Circle if you use this method.

Here are some other ways to buy/sell bitcoins:

https://www.buybitcoinworldwide.com/find-exchange/


 

Forum statistics

Threads
1,108,228
Messages
13,449,781
Members
99,402
Latest member
03sunwinvip
The RX is the sports betting industry's leading information portal for bonuses, picks, and sportsbook reviews. Find the best deals offered by a sportsbook in your state and browse our free picks section.FacebookTwitterInstagramContact Usforum@therx.com