How To Deposit Bitcoin At Your Sportsbook
Was enjoying a few beers with my buddy Sunday and decided to bet on the Packers over Dallas.
Had heard good things about 5dimes and decided to give it a try.
I had set up a coinbase acct with my checking acct linked, and a blockchain middleman wallet account in order to transfer the payout funds.
After trying to immediately withdraw the payout funds after the game, I was told that I'd need to go through an "authorization process" where I needed to submit an online form, copy of the front of my amex, driver's license, best way to deposit 5dimes billing statement in order to allow me to cash out.
I did, and blocked the middle 6 digits of my amex was obviously sketched out at this but here communicated that this was the only way to receive my payout.
I of course contacted AMEX and had them credit my account from the transactions, cancel my old card and overnight me a new one.
When I explained the fraudulent charge situation, they simply told me to contact my credit card company, which I of course already had.
After going through yet another authorization process yesterday, I am still yet to receive the payout funds into my bitcoin wallet.
It has become painfully obvious that this site is a sham and that I will very likely never see the funds that I should've won from making this bet on Sunday.
Color me disappointed but not in the least surprised.
Tl;dr 5dimes sucks, don't use it.
And definitely do not expect a quick payout process.
I recently had fraudulent charges pop up on several different cards I've used over the years on 5Dimes.
It's been several weeks but I finally got all my damn money back.
I used to be one of the biggest 5D supporters and it's a shame, because they really do have the best lines but fuck them.
I'm going to give nitrogen a try.
I am a bitcoin n00b, but I feel that deposit check chase canadian is rather self-explanatory.
I'll try going in on the games next week and depositing with bitcoin, will report back with my findings.
My biggest issue with bitcoin is that the value of the currency fluctuates too much.
Betting itself is fiscally irresponsible, but when you're throwing in currency volatility it takes it to a whole new level.
I'm sticking with sportsbook even if it takes 6 weeks to get my checks yo dog, I heard you like gambling, so we made a fresh new crypto-currency with high volatility so you can gamble while you gamble That's true for a pure bitcoin book like Nitrogen.
For example, Bovada uses bitcoin well imo.
You deposit and get thanks sports bet free bet no deposit useful current value of bitcoin in USD so you don't have to worry about fluctuation.
Unfortunately you still need to submit some personal info but at least you don't have a CC on file.
Yea, but that doesn't take into account the future value of the Bitcoin -- my point is that the currency is too volatile to gamble with.
If you bet strict unit sizes, those can change in a matter of days.
At a normal book yu're not keeping the cash in bitcoin.
Really not that big of a deal.
It's not that volatile day to day If you're concerned about volatility why would you hold on to the coin for 2 months?
It takes 45 mins to route it out to another wallet and back into an best way to deposit 5dimes like coinbase where the switch from btc to usd is instant.
I think you're missing the point.
The volatility of bitcoin click here similar to options.
The overall value of your holdings fluctuate.
With bitcoin it's not the same.
If I deposit 1 bitcoin worth ~900 and make 0.
On the flip side it could also be a lot more.
It's just too volatile of a currency to gamble with.
If the time it took to buy the coin from coinbase, route it to nitrogen, place the bet, grade the bet, and return it to coinbase was more than a few hours I would wholeheartedly agree with you.
I cool casino no bonus codes hold bitcoin for the exact reason you're describing but I do use it as a means to an end to facilitate my sportsbook hobby because it's the fastest way to get a bet placed and get my money.
There just hasn't been that much hourly fluctuation in the price that it's deterred my betting.
And I'm not saying it couldn't, because there has been weeks where the price has fluctuated 30% but that's over the course of several days, the only way you get burned is if you get lazy or you're taking futures bets which is a great example of what not to do with bitcoin.
Bottom line is I agree with you to an extent.
I think betting with bitcoin in the short term is a lot like taking on a -100000 parlay with every bet you make that your coin could end up worthless but if you're proactive about not letting your money sit around in btc you minimize your risk by a lot.
I used to make the same argument but I think you haven't really looked at the long term price trend of BTC if you think Bitcoin is too volatile.
Yeah it goes best way to deposit 5dimes and down every day, but the overall tend is upward.
It's not similar to options, it's more like the DJIA on steroids.
I had never had any interaction with btc before I started using it to bet.
It was a little daunting in my best way to deposit 5dimes but proved to be a very easy process.
I don't even use a go between wallet for nitrogen.
Been super painless thusfar.
I recommend a mobile wallet as it's super easy to just scan QR codes.
If you have Android, I'd recommend Mycelium.
Mycelium may have iOS too.
I mainly use my computer with Bitcoin and has been pretty great.
Nice full featured open source Bitcoin wallet.
For iOS I like over breadwallet because you can choose what transaction fee to use so if you need to get coin confirmed quickly to place a bet for example you won't be at the mercy of whatever transaction fee breadwallet has chosen for you.
Copay also has an iPad version unlike breadwallet.
On Android gets my vote as well.
I assume the awesome lines on 5D are a direct result of them making money other ways through shady practices.
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Online Sports Betting (Part 3) - Beware Withdrawing Money Gotchas and Tips
5Dimes Sportsbook Review & Bonus. 5Dimes Sportsbook provides a strong spectrum of online options for USA bettors, including sports betting, a racebook and casino. The sportsbook has earned a big reputation over many years of service.
Это же развод что скорость на 200%,?
Благодарствую, полезная вещь.
Браво, мне кажется это блестящая мысль
Да, я вас понимаю. В этом что-то есть и мне кажется это отличная мысль. Я согласен с Вами.
Да, действительно. Так бывает. Можем пообщаться на эту тему. Здесь или в PM.
Познавательно и интересно. Но, сложно для восприятия моими мозгами. Это мне так показалось или вам тоже? Прошу автора не обижаться.