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    All Forums | Bitcoin Betting

    best place to buy bitcoin??

    12 Next Last»
    Autran14
    jmcgrane724
    TheSquare
    wizard1183
    Trump201603
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    Autran14
    Autran14
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    Posted: Oct. 18, 2018 - 10:48 AM ET #1

    using bovada as a sportsbook and want to deposit using bitcoin so i dont have to pay the fees on the cards.

    anyone know of a good and legit place to get bitcoin? 

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    To remove first post, remove entire topic.

    using bovada as a sportsbook and want to deposit using bitcoin so i dont have to pay the fees on the cards.

    anyone know of a good and legit place to get bitcoin? 

     
    jmcgrane724
    jmcgrane724
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    Posted: Oct. 18, 2018 - 10:54 AM ET #2

    Download the Coinbase app
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    Download the Coinbase app
     
    TheSquare
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    Posted: Oct. 18, 2018 - 10:59 AM ET #3

    You DO realize that with buying Bitcoin, the exchanges charges ridiculous fees.  Just read their fine print.  Fees for purchasing, storing and selling.  I tell ya, they're nothing but crooks.  It MAY be better to just use your credit card on Bovada and pay the <5% fee.  Also, if you're worried about cashing out with Bovada, you'll be good.  My cousin hit the Eagles futures last year when it was like 50-1 odds to win the Super Bowl and they came through with the $5k check.  The only problem with Bovada is that they:

    1. frequently change banks, thus delaying your check to be cashed

    2. your bank will probably ask you about the origin of the check and will take "longer" than usual to process but nonetheless it WILL get processed.

    Also, remember that Bitcoin is a fluctuating currency.  You may buy $500 worth and only have it be worth $450 a minute later. angry

    BOL in whatever you decide... clover

    "Schrödinger's bet." A bet that loses when you bet it but wins when you DON'T bet it...
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    You DO realize that with buying Bitcoin, the exchanges charges ridiculous fees.  Just read their fine print.  Fees for purchasing, storing and selling.  I tell ya, they're nothing but crooks.  It MAY be better to just use your credit card on Bovada and pay the <5% fee.  Also, if you're worried about cashing out with Bovada, you'll be good.  My cousin hit the Eagles futures last year when it was like 50-1 odds to win the Super Bowl and they came through with the $5k check.  The only problem with Bovada is that they:

    1. frequently change banks, thus delaying your check to be cashed

    2. your bank will probably ask you about the origin of the check and will take "longer" than usual to process but nonetheless it WILL get processed.

    Also, remember that Bitcoin is a fluctuating currency.  You may buy $500 worth and only have it be worth $450 a minute later. angry

    BOL in whatever you decide... clover

     
    Autran14
    Autran14
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    Posts: 171
    Posted: Oct. 18, 2018 - 11:36 AM ET #4

    Quote Originally Posted by TheSquare:

    You DO realize that with buying Bitcoin, the exchanges charges ridiculous fees.  Just read their fine print.  Fees for purchasing, storing and selling.  I tell ya, they're nothing but crooks.  It MAY be better to just use your credit card on Bovada and pay the <5% fee.  Also, if you're worried about cashing out with Bovada, you'll be good.  My cousin hit the Eagles futures last year when it was like 50-1 odds to win the Super Bowl and they came through with the $5k check.  The only problem with Bovada is that they:

    1. frequently change banks, thus delaying your check to be cashed

    2. your bank will probably ask you about the origin of the check and will take "longer" than usual to process but nonetheless it WILL get processed.

    Also, remember that Bitcoin is a fluctuating currency.  You may buy $500 worth and only have it be worth $450 a minute later. angry

    BOL in whatever you decide... clover


    you are correct about the price always fluctuating 

    is there any other online sports book that you would recommendbetter than bovada? faster payouts and etc? thanks man trying to see whats outs there. 
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    Quote Originally Posted by TheSquare:

    You DO realize that with buying Bitcoin, the exchanges charges ridiculous fees.  Just read their fine print.  Fees for purchasing, storing and selling.  I tell ya, they're nothing but crooks.  It MAY be better to just use your credit card on Bovada and pay the <5% fee.  Also, if you're worried about cashing out with Bovada, you'll be good.  My cousin hit the Eagles futures last year when it was like 50-1 odds to win the Super Bowl and they came through with the $5k check.  The only problem with Bovada is that they:

    1. frequently change banks, thus delaying your check to be cashed

    2. your bank will probably ask you about the origin of the check and will take "longer" than usual to process but nonetheless it WILL get processed.

    Also, remember that Bitcoin is a fluctuating currency.  You may buy $500 worth and only have it be worth $450 a minute later. angry

    BOL in whatever you decide... clover


    you are correct about the price always fluctuating 

    is there any other online sports book that you would recommendbetter than bovada? faster payouts and etc? thanks man trying to see whats outs there. 
     
    wizard1183
    wizard1183
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    Posted: Oct. 18, 2018 - 11:47 AM ET #5

    Quote Originally Posted by Autran14:

    Quote Originally Posted by TheSquare:

    You DO realize that with buying Bitcoin, the exchanges charges ridiculous fees.  Just read their fine print.  Fees for purchasing, storing and selling.  I tell ya, they're nothing but crooks.  It MAY be better to just use your credit card on Bovada and pay the <5% fee.  Also, if you're worried about cashing out with Bovada, you'll be good.  My cousin hit the Eagles futures last year when it was like 50-1 odds to win the Super Bowl and they came through with the $5k check.  The only problem with Bovada is that they: 1. frequently change banks, thus delaying your check to be cashed 2. your bank will probably ask you about the origin of the check and will take "longer" than usual to process but nonetheless it WILL get processed. Also, remember that Bitcoin is a fluctuating currency.  You may buy $500 worth and only have it be worth $450 a minute later.  BOL in whatever you decide... 
    you are correct about the price always fluctuating is there any other online sports book that you would recommendbetter than bovada? faster payouts and etc? thanks man trying to see whats outs there.

    Bookemaker

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    Quote Originally Posted by Autran14:

    Quote Originally Posted by TheSquare:

    You DO realize that with buying Bitcoin, the exchanges charges ridiculous fees.  Just read their fine print.  Fees for purchasing, storing and selling.  I tell ya, they're nothing but crooks.  It MAY be better to just use your credit card on Bovada and pay the <5% fee.  Also, if you're worried about cashing out with Bovada, you'll be good.  My cousin hit the Eagles futures last year when it was like 50-1 odds to win the Super Bowl and they came through with the $5k check.  The only problem with Bovada is that they: 1. frequently change banks, thus delaying your check to be cashed 2. your bank will probably ask you about the origin of the check and will take "longer" than usual to process but nonetheless it WILL get processed. Also, remember that Bitcoin is a fluctuating currency.  You may buy $500 worth and only have it be worth $450 a minute later.  BOL in whatever you decide... 
    you are correct about the price always fluctuating is there any other online sports book that you would recommendbetter than bovada? faster payouts and etc? thanks man trying to see whats outs there.

    Bookemaker

     
    Trump201603
    Trump201603
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    Posted: Oct. 18, 2018 - 11:52 AM ET #6

    If you think fees on credit/ debit cards are bad just wait for the fees on all transactions on coins base.
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    If you think fees on credit/ debit cards are bad just wait for the fees on all transactions on coins base.
     
    Autran14
    Autran14
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    Posted: Oct. 18, 2018 - 3:25 PM ET #7

    Quote Originally Posted by wizard1183:

    you are correct about the price always fluctuating is there any other online sports book that you would recommendbetter than bovada? faster payouts and etc? thanks man trying to see whats outs there.

    Bookemaker


    How is BetOnline.ag? Any bad reviews in this place?
    Reply
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    Quote Originally Posted by wizard1183:

    you are correct about the price always fluctuating is there any other online sports book that you would recommendbetter than bovada? faster payouts and etc? thanks man trying to see whats outs there.

    Bookemaker


    How is BetOnline.ag? Any bad reviews in this place?
     
    kings_duce
    kings_duce
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    Posts: 5675
    Posted: Oct. 18, 2018 - 3:32 PM ET #8

    Quote Originally Posted by TheSquare:

    You DO realize that with buying Bitcoin, the exchanges charges ridiculous fees.  Just read their fine print.  Fees for purchasing, storing and selling.  I tell ya, they're nothing but crooks.  It MAY be better to just use your credit card on Bovada and pay the <5% fee.  Also, if you're worried about cashing out with Bovada, you'll be good.  My cousin hit the Eagles futures last year when it was like 50-1 odds to win the Super Bowl and they came through with the $5k check.  The only problem with Bovada is that they:

    1. frequently change banks, thus delaying your check to be cashed

    2. your bank will probably ask you about the origin of the check and will take "longer" than usual to process but nonetheless it WILL get processed.

    Also, remember that Bitcoin is a fluctuating currency.  You may buy $500 worth and only have it be worth $450 a minute later. angry

    BOL in whatever you decide... clover

    huh...lately bitcoin have lost its mojo
    But you also could have buy $500 worth and can worth $1000 as well
    Reply
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    Quote Originally Posted by TheSquare:

    You DO realize that with buying Bitcoin, the exchanges charges ridiculous fees.  Just read their fine print.  Fees for purchasing, storing and selling.  I tell ya, they're nothing but crooks.  It MAY be better to just use your credit card on Bovada and pay the <5% fee.  Also, if you're worried about cashing out with Bovada, you'll be good.  My cousin hit the Eagles futures last year when it was like 50-1 odds to win the Super Bowl and they came through with the $5k check.  The only problem with Bovada is that they:

    1. frequently change banks, thus delaying your check to be cashed

    2. your bank will probably ask you about the origin of the check and will take "longer" than usual to process but nonetheless it WILL get processed.

    Also, remember that Bitcoin is a fluctuating currency.  You may buy $500 worth and only have it be worth $450 a minute later. angry

    BOL in whatever you decide... clover

    huh...lately bitcoin have lost its mojo
    But you also could have buy $500 worth and can worth $1000 as well
     
    Ikid2groove035
    Ikid2groove035
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    Posted: Oct. 18, 2018 - 3:34 PM ET #9

    Coinbase/circle - I prefer atm bitcoin machine - 10% fee but IRS can’t trace 

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    Coinbase/circle - I prefer atm bitcoin machine - 10% fee but IRS can’t trace 

     
    Ikid2groove035
    Ikid2groove035
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    Posted: Oct. 18, 2018 - 3:34 PM ET #10

    Quote Originally Posted by Autran14:

    Quote Originally Posted by wizard1183:

    you are correct about the price always fluctuating is there any other online sports book that you would recommendbetter than bovada? faster payouts and etc? thanks man trying to see whats outs there. Bookemaker
    How is BetOnline.ag? Any bad reviews in this place?
    good book- shitty software 

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    Quote Originally Posted by Autran14:

    Quote Originally Posted by wizard1183:

    you are correct about the price always fluctuating is there any other online sports book that you would recommendbetter than bovada? faster payouts and etc? thanks man trying to see whats outs there. Bookemaker
    How is BetOnline.ag? Any bad reviews in this place?
    good book- shitty software 

     
    Autran14
    Autran14
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    Posted: Oct. 18, 2018 - 3:46 PM ET #11

    Quote Originally Posted by Ikid2groove035:

    How is BetOnline.ag? Any bad reviews in this place? good book- shitty software 


    How is the payouts? Thanks for responding man just tryna see where is the best books 
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    Quote Originally Posted by Ikid2groove035:

    How is BetOnline.ag? Any bad reviews in this place? good book- shitty software 


    How is the payouts? Thanks for responding man just tryna see where is the best books 
     
    Irish7878
    Irish7878
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    Posted: Oct. 18, 2018 - 4:55 PM ET #12

    Bitcoin ATM fees have gone up - now 10%.  Better off using a cc with no Foreign Transaction Fee.  The Fee is 5% for most, and your $$$$ are there within 2 hours. 

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    Bitcoin ATM fees have gone up - now 10%.  Better off using a cc with no Foreign Transaction Fee.  The Fee is 5% for most, and your $$$$ are there within 2 hours. 

     
    m3ntal
    m3ntal
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    Posted: Oct. 18, 2018 - 5:31 PM ET #13

    if you want easy use coinbase or cashapp app 

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    if you want easy use coinbase or cashapp app 

     
    Rjalmil
    Rjalmil
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    Posted: Nov. 23, 2018 - 7:37 AM ET #14

    Although there are no fees charged when depositing with bitcoin on your sportsbook, you must understand that good and legit place to buy bitcoin will charge fees. The best platforms to get bitcoin are crypto exchanges, including Coinbase, CEX, and Kraken. If my memory serves me correctly, CEX has the lowest depositing fees among mentioned exchanges. Furthermore, if you use wire transfer for purchasing bitcoin on CEX, it is a fee-free payment option.

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    Although there are no fees charged when depositing with bitcoin on your sportsbook, you must understand that good and legit place to buy bitcoin will charge fees. The best platforms to get bitcoin are crypto exchanges, including Coinbase, CEX, and Kraken. If my memory serves me correctly, CEX has the lowest depositing fees among mentioned exchanges. Furthermore, if you use wire transfer for purchasing bitcoin on CEX, it is a fee-free payment option.

     
    Frmunormith
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    Posted: Nov. 23, 2018 - 8:11 AM ET #15

    Quote Originally Posted by Autran14:

    Quote Originally Posted by wizard1183:

    you are correct about the price always fluctuating is there any other online sports book that you would recommendbetter than bovada? faster payouts and etc? thanks man trying to see whats outs there. Bookemaker
    How is BetOnline.ag? Any bad reviews in this place?

    If I'm not mistaking, there are no websites or exchanges which don’t charge a commission for credit/debit card transactions. But the amount of fees may vary from one platform to another. The average fees range from 1.99% to 3.99%. CEX.IO was considered as a platform with high fees, but recently they lowered card deposit fees to 2.99% (https://blog.cex.io/news/card-fee-reduced-17822) and now it looks more attractive. According to CEX.IO review on https://bitority.com/, the company provides 4 types of accounts which differ in limits and payment methods. And it looks like this website is legit and safe, as they have many security measures like 2FA and data encryption, they also cooperate with banks and financial organizations.

     

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    Quote Originally Posted by Autran14:

    Quote Originally Posted by wizard1183:

    you are correct about the price always fluctuating is there any other online sports book that you would recommendbetter than bovada? faster payouts and etc? thanks man trying to see whats outs there. Bookemaker
    How is BetOnline.ag? Any bad reviews in this place?

    If I'm not mistaking, there are no websites or exchanges which don’t charge a commission for credit/debit card transactions. But the amount of fees may vary from one platform to another. The average fees range from 1.99% to 3.99%. CEX.IO was considered as a platform with high fees, but recently they lowered card deposit fees to 2.99% (https://blog.cex.io/news/card-fee-reduced-17822) and now it looks more attractive. According to CEX.IO review on https://bitority.com/, the company provides 4 types of accounts which differ in limits and payment methods. And it looks like this website is legit and safe, as they have many security measures like 2FA and data encryption, they also cooperate with banks and financial organizations.

     

     
    sean2114
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    Posted: Dec. 14, 2018 - 9:59 PM ET #16

    Quote Originally Posted by Autran14:

    Quote Originally Posted by wizard1183:

    you are correct about the price always fluctuating is there any other online sports book that you would recommendbetter than bovada? faster payouts and etc? thanks man trying to see whats outs there. Bookemaker
    How is BetOnline.ag? Any bad reviews in this place?

    if you are going to take any bonuses from BetOnline watch those rollover requirements. They are double/triple everyone else. I threw a small chunk of change in to try them out and was shocked at the rollover requirements. 

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    Quote Originally Posted by Autran14:

    Quote Originally Posted by wizard1183:

    you are correct about the price always fluctuating is there any other online sports book that you would recommendbetter than bovada? faster payouts and etc? thanks man trying to see whats outs there. Bookemaker
    How is BetOnline.ag? Any bad reviews in this place?

    if you are going to take any bonuses from BetOnline watch those rollover requirements. They are double/triple everyone else. I threw a small chunk of change in to try them out and was shocked at the rollover requirements. 

     
    Barnstorm
    Barnstorm
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    Posts: 4719
    Posted: Dec. 30, 2018 - 12:46 PM ET #17

    Quote Originally Posted by Autran14:

    using bovada as a sportsbook and want to deposit using bitcoin so i dont have to pay the fees on the cards. anyone know of a good and legit place to get bitcoin?

    Gemini has much lower fees than Coinbase and your Bitcoin is insured.

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    Quote Originally Posted by Autran14:

    using bovada as a sportsbook and want to deposit using bitcoin so i dont have to pay the fees on the cards. anyone know of a good and legit place to get bitcoin?

    Gemini has much lower fees than Coinbase and your Bitcoin is insured.

     
    ILoveCover88
    ILoveCover88
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    Posted: Feb. 21, 2019 - 4:26 PM ET #18

    Bovada is not a good book if you are a winning bettor. There are only a very few good books for long term winning bettors. Read this article https://www.bettingresource.com/best-online-sportsbooks.html
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    Bovada is not a good book if you are a winning bettor. There are only a very few good books for long term winning bettors. Read this article https://www.bettingresource.com/best-online-sportsbooks.html
     
    boroks15
    boroks15
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    Joined: Feb, 2019
    Posts: 11
    Posted: Mar. 4, 2019 - 1:50 AM ET #19

    Quote Originally Posted by Autran14:

    using bovada as a sportsbook and want to deposit using bitcoin so i dont have to pay the fees on the cards. anyone know of a good and legit place to get bitcoin?

     

    I use Kraken to trade BTC

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    Quote Originally Posted by Autran14:

    using bovada as a sportsbook and want to deposit using bitcoin so i dont have to pay the fees on the cards. anyone know of a good and legit place to get bitcoin?

     

    I use Kraken to trade BTC

     
    annapneheer
    annapneheer
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    Posted: Apr. 16, 2020 - 5:52 PM ET #20

    Quote Originally Posted by TheSquare:

    You DO realize that with buying bitcoin futures trading, the exchanges charges ridiculous fees.  Just read their fine print.  Fees for purchasing, storing and selling.  I tell ya, they're nothing but crooks.  It MAY be better to just use your credit card on Bovada and pay the <5% fee.  Also, if you're worried about cashing out with Bovada, you'll be good.  My cousin hit the Eagles futures last year when it was like 50-1 odds to win the Super Bowl and they came through with the $5k check.  The only problem with Bovada is that they: 1. frequently change banks, thus delaying your check to be cashed 2. your bank will probably ask you about the origin of the check and will take "longer" than usual to process but nonetheless it WILL get processed. Also, remember that Bitcoin is a fluctuating currency.  You may buy $500 worth and only have it be worth $450 a minute later.  BOL in whatever you decide...

    Yeah it is not worth the risk.

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    Quote Originally Posted by TheSquare:

    You DO realize that with buying bitcoin futures trading, the exchanges charges ridiculous fees.  Just read their fine print.  Fees for purchasing, storing and selling.  I tell ya, they're nothing but crooks.  It MAY be better to just use your credit card on Bovada and pay the <5% fee.  Also, if you're worried about cashing out with Bovada, you'll be good.  My cousin hit the Eagles futures last year when it was like 50-1 odds to win the Super Bowl and they came through with the $5k check.  The only problem with Bovada is that they: 1. frequently change banks, thus delaying your check to be cashed 2. your bank will probably ask you about the origin of the check and will take "longer" than usual to process but nonetheless it WILL get processed. Also, remember that Bitcoin is a fluctuating currency.  You may buy $500 worth and only have it be worth $450 a minute later.  BOL in whatever you decide...

    Yeah it is not worth the risk.

     
    annapneheer
    annapneheer
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    Posted: Apr. 16, 2020 - 5:53 PM ET #21

    Quote Originally Posted by ILoveCover88:

    Bovada is not a good book if you are a winning bettor. There are only a very few good books for long term winning bettors. Read this article https://www.delta.exchange/futures-guide-bitcoin/

    yep it is not

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    Quote Originally Posted by ILoveCover88:

    Bovada is not a good book if you are a winning bettor. There are only a very few good books for long term winning bettors. Read this article https://www.delta.exchange/futures-guide-bitcoin/

    yep it is not

     
    agourbet
    agourbet
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    Posted: Jun. 12, 2020 - 1:57 PM ET #22

    The best place to buy bitcoin is using Kraken exchange in my opinion. They are the cheapest exchange amongst the others. 

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    The best place to buy bitcoin is using Kraken exchange in my opinion. They are the cheapest exchange amongst the others. 

     
    briankrieger
    briankrieger
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    Posted: Aug. 20, 2020 - 6:33 AM ET #23

    I'm using local bitcoins and EXMO. It's fast and easy

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    I'm using local bitcoins and EXMO. It's fast and easy

     
    xxdonaldxx
    xxdonaldxx
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    Posted: Dec. 21, 2020 - 1:57 PM ET #24

    @Barnstorm

     Hi, I agree with you. I use it myself

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    @Barnstorm

     Hi, I agree with you. I use it myself

     
     
    Jackle5
    Jackle5
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    Posted: Jan. 10, 2021 - 10:29 AM ET #25

    Bitcoin has much more demand. Lots of people are buying Bitcoin. 

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    Bitcoin has much more demand. Lots of people are buying Bitcoin. 

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