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How are you funding your sportsbook??? - 6/22/2016 7:04:12 AM   
sportspicks


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From: Massachusetts
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I asked Mike to bump this forum up for a little more visibility.

Are you using credit cards or person to person (MG)? Or the latest rage, Bitcoin?

I jumped on the latter bandwagon and knock on wood, find it very good. Interested to hear your thoughts.

< Message edited by sportspicks -- 8/24/2016 9:05:44 PM >
Post #: 1
RE: How are you funding your sportsbook??? - 7/31/2016 10:38:32 AM   
tigerman

 

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I like the fact that 5Dimes lets me use a credit card for free when I deposit and then lets me withdraw via BitCoin.
However they only let me withdraw once every 7 days. I think if you deposit with Bitcoin you
can withdraw as often as you want. The bottom line is that you can now get your money out
very quickly at no charge. That"s way better than the old 1 check every 30 days method!!
And if you want to go pure BitCoin you can use the BitCoin only sites like directbet.eu and
nitrogensports.eu.

< Message edited by tigerman -- 7/31/2016 10:43:09 AM >

(in reply to sportspicks)
Post #: 2
RE: How are you funding your sportsbook??? - 7/31/2016 8:57:10 PM   
sportspicks


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Does 5 Dimes ask you to fill out an KYC form when withdrawing using Bitcoin because you deposited with a credit card?

(in reply to tigerman)
Post #: 3
RE: How are you funding your sportsbook??? - 8/1/2016 2:28:16 PM   
tigerman

 

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No. They just send me an email that asks me to confirm my account number and password and wallet address.
Once I reply with that info it's in my account within an hour or so.

(in reply to sportspicks)
Post #: 4
RE: How are you funding your sportsbook??? - 8/1/2016 7:37:56 PM   
I/O


Posts: 19634
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From: 'human Molotov cocktail'
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Hopefully in the next few months I'll will get back into the game. I'm buried right now with endless stuff on the personal side. We bought a house in December and the projects are f'n endless. Right now we are in the market for a large shed/barn. Also, we have a trailer off a river in a campground that brings along with it all kinds of work/ drinking....more of the later lately. I had to back off all sports and gambling activities until I get ahead of the houses and my business. If I can't keep my head in the sports gambling game on a daily basis, I'm just burning money taking shots for action. I sleep in three different beds as the week goes along right now. Throw in working overnight and things are crazy non stop.

I'm going to take a shot with Heritage. I've heard good things about them in the past and I wanna give them a shot when I get back on my horse. I prefer using the credit card route (or Moneygram etc if those things still exist).

_____________________________

quote:

ORIGINAL: Side Job
Well Said....

(in reply to tigerman)
Post #: 5
RE: How are you funding your sportsbook??? - 8/10/2016 3:32:38 AM   
Sofa_King


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From: Northern California
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quote:

ORIGINAL: I/O

Hopefully in the next few months I'll will get back into the game. I'm buried right now with endless stuff on the personal side. We bought a house in December and the projects are f'n endless. Right now we are in the market for a large shed/barn. Also, we have a trailer off a river in a campground that brings along with it all kinds of work/ drinking....more of the later lately. I had to back off all sports and gambling activities until I get ahead of the houses and my business. If I can't keep my head in the sports gambling game on a daily basis, I'm just burning money taking shots for action. I sleep in three different beds as the week goes along right now. Throw in working overnight and things are crazy non stop.

I'm going to take a shot with Heritage. I've heard good things about them in the past and I wanna give them a shot when I get back on my horse. I prefer using the credit card route (or Moneygram etc if those things still exist).


Lol. You're clearly who the Republican nominee and his proposed economic advisors have in mind every day. You really need to invest yourself in opposing the Estate Tax since what could possibly be a better overlap of your political beliefs and personal circumstances?
Bitcoin is the way to go. 100% anonymity anywhere except Bookmaker 👎 where they will try to insist you verify your identity WITH PASSPORT or DRIVER LICENSE, thereby entirely defeating the point of Bitcoin, and completely free everywhere but BetOnline 👎where they charge 6.5% (😵) for using a free service (there are no charges associated with bit coin anywhere… Betonline is either getting totally fucking screwed by a processor and they're too stupid to know it, or they're gouging a public they think doesn't know better).

Heritage, like 10 years ago, was the best around. Now, since they went public, the customer service is a truly horrible. Search across the street for stories of them giving wrong names for WU or MG deposits and having nothing to say about it except that the player is stuck with the associated charges.

The entire industry has gone to crap. Even 5Dimes is now known more for it's insolvency (again, look at the stories appearing in other places) than anything else.

Legalize it!

_____________________________

I already think America is great.

(in reply to I/O)
Post #: 6
RE: How are you funding your sportsbook??? - 8/12/2016 2:05:09 PM   
tigerman

 

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Admittedly I'm not a big bettor, but 5 dimes always pays me within a few hours of my request when I ask for BitCoin.
Where did you read that they are insolvent? I can't imagine that they aren't loaded.

(in reply to Sofa_King)
Post #: 7
RE: How are you funding your sportsbook??? - 8/12/2016 3:09:17 PM   
I/O


Posts: 19634
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From: 'human Molotov cocktail'
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quote:

ORIGINAL: sportspicks

Or the latest rage, Bitcoin?

I jumped on the latter bandwagon and knock on wood, find it to very good. Interested to hear you thoughts.


Jack is a lying manipulating censoring machine. Usually not when it comes to this stuff (unless there's a tracking cookie in the batter, which he's done before).

Some good stuff in this read.....

http://www.madjacksports.com/forum/showthread.php?606160-Bitcoin-made-simple

Maybe ol' Eddie can get his life back together? NOT

LOLOLOL

WINNING

_____________________________

quote:

ORIGINAL: Side Job
Well Said....

(in reply to sportspicks)
Post #: 8
RE: How are you funding your sportsbook??? - 8/15/2016 3:51:11 PM   
I/O


Posts: 19634
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From: 'human Molotov cocktail'
Status: offline
fyi....

1 Vice = Shit Book

_____________________________

quote:

ORIGINAL: Side Job
Well Said....

(in reply to I/O)
Post #: 9
RE: How are you funding your sportsbook??? - 8/20/2016 7:13:56 PM   
tigerman

 

Posts: 3992
Joined: 11/6/2001
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I opened an account at circle a few days ago.
I deposited money. They showed it as available.
I went to transfer it and it showed a status of "pending"
That lasted for over an hour. Finally it was somehow cancelled.
Then I get an email that says they don't have enough information.
So I send them my drivers license and a picture. They get it
and tell me that it will take 3 to 5 days to process.
Then I get an email with a bunch of stupid questions
about what am I going to use it for... etc.
Well they charged my credit card, but I still can't use the funds.

So I went to the BBB to see their rating ... it was F
The rating for coinbase is A+.

Those are my sentiments exactly.

(in reply to I/O)
Post #: 10
RE: How are you funding your sportsbook??? - 8/23/2016 7:37:36 AM   
sportspicks


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From: Massachusetts
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quote:

ORIGINAL: tigerman

I opened an account at circle a few days ago.
I deposited money. They showed it as available.
I went to transfer it and it showed a status of "pending"
That lasted for over an hour. Finally it was somehow cancelled.
Then I get an email that says they don't have enough information.
So I send them my drivers license and a picture. They get it
and tell me that it will take 3 to 5 days to process.
Then I get an email with a bunch of stupid questions
about what am I going to use it for... etc.
Well they charged my credit card, but I still can't use the funds.

So I went to the BBB to see their rating ... it was F
The rating for coinbase is A+.

Those are my sentiments exactly.




Were you sending it direct to the book or to an intermediate wallet first than a book?

(in reply to tigerman)
Post #: 11
RE: How are you funding your sportsbook??? - 8/23/2016 11:41:58 AM   
tigerman

 

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I tried to send it directly to the book. I've never had a problem with Coinbase either direction.
So I've closed my account with Circle. Hopefully they refund my money.
If you use them I wish you good luck.




(in reply to sportspicks)
Post #: 12
RE: How are you funding your sportsbook??? - 8/23/2016 8:15:16 PM   
sportspicks


Posts: 13865
Joined: 10/25/2001
From: Massachusetts
Status: offline
I use Coinbase never have circle.


Tiger....You will get shut down by both if you do not use a wallet like Airbitz or blockchain.


Deposits:

Bank account to Coinbase to Airbitz to Sportsbook

Withdrawals the reverse.



(in reply to tigerman)
Post #: 13
RE: How are you funding your sportsbook??? - 8/24/2016 9:25:41 AM   
tigerman

 

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I've been doing it for months now. Why would they shut me down?

(in reply to sportspicks)
Post #: 14
RE: How are you funding your sportsbook??? - 8/24/2016 9:36:11 AM   
tigerman

 

Posts: 3992
Joined: 11/6/2001
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Actually I see your point.
But are they really going to analyze the blockchain that deeply and
try to figure out where it's going? That's a lot of work. I guess
to be on the safe side you should do it 3 step. But even if they do figure out what servers the transaction is headed to, they still need to know that the servers belong to the books. Maybe at some point
the government will force them to do that.

(in reply to tigerman)
Post #: 15
RE: How are you funding your sportsbook??? - 8/24/2016 9:10:04 PM   
sportspicks


Posts: 13865
Joined: 10/25/2001
From: Massachusetts
Status: offline
The bottom line is if you don't use a coin mixer, they CAN figure it out believe it or not.

If you constantly move money around, they will know it is gambling.

When I withdraw, I may take out a $1000, then from Airbitz to Coinbase, move $900 and then $800 from Coinbase to my checking account. Kinda mix things up.

Bottom line is the less you use them the better.

(in reply to tigerman)
Post #: 16
RE: How are you funding your sportsbook??? - 11/30/2016 8:16:28 PM   
I/O


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From: 'human Molotov cocktail'
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http://www.coindesk.com/judge-approved-irs-coinbase-users/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+CoinDesk+%28CoinDesk+-+The+Voice+of+Digital+Currency%29

_____________________________

quote:

ORIGINAL: Side Job
Well Said....

(in reply to sportspicks)
Post #: 17
RE: How are you funding your sportsbook??? - 12/2/2016 5:52:45 PM   
tigerman

 

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Well I can't imagine they're going to get a carte blanche for all the records that coinbase has. Of course it would be treated like a bank. But I would assume that they would need probable cause to get individual records. ( e.g. an audit ) ... Just like a bank.

Certainly our wonderful president elect wouldn't stand for such an invasion of privacy... right?

(in reply to I/O)
Post #: 18
RE: How are you funding your sportsbook??? - 12/4/2016 12:47:53 PM   
I/O


Posts: 19634
Joined: 1/8/2007
From: 'human Molotov cocktail'
Status: offline
I know this might be above your pay grade troll

But try and follow best you can. Ok

This is going on NOW. As in TODAY. As in the current dipshit is STILL running the show. As in "Trump is NOT the President yet" But Barry is? Maybe you can write your boy a letter on the topic when you have some free time outside of trolling.

_____________________________

quote:

ORIGINAL: Side Job
Well Said....

(in reply to tigerman)
Post #: 19
RE: How are you funding your sportsbook??? - 12/7/2016 9:33:26 PM   
I/O


Posts: 19634
Joined: 1/8/2007
From: 'human Molotov cocktail'
Status: offline
from down the dial....

Circle, one of the biggest US facing bitcoin exchanges, announced today that it would no longer operate as a traditional bitcoin exchange where users could buy and sell bitcoin.

Circle will focus on its mobile app business and other usages and recommended their existing users cash out their bitcoin or transferred to a preferred partner such as Coinbase.

_____________________________

quote:

ORIGINAL: Side Job
Well Said....

(in reply to I/O)
Post #: 20
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