I usually withdrawal via check but is there a better option? How does this Debit Card Application thing work (I have deposited with them using a CC). Someone please explain it's specifics to me. That and Bitcoin and how each works and if they're a better option than a Fed Ex check.
Also, just curious. Has anyone won so much at an offshore book that the book cut them off or stopped taking their action? I'd be curious to hear if there's such a story.
I'd also have to imagine there are "professional" gamblers who carry balances regularly in these ranges with offshore books. I consider myself a recreation bettor b/c only a cocky douche would call themselves a pro and I wont do that. Gambling is gambling, none of us are pros, some of us are just smarter and wiser than others, doesnt make anyone a pro.
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To remove first post, remove entire topic.
Let's just say its between 75-100K.
I usually withdrawal via check but is there a better option? How does this Debit Card Application thing work (I have deposited with them using a CC). Someone please explain it's specifics to me. That and Bitcoin and how each works and if they're a better option than a Fed Ex check.
Also, just curious. Has anyone won so much at an offshore book that the book cut them off or stopped taking their action? I'd be curious to hear if there's such a story.
I'd also have to imagine there are "professional" gamblers who carry balances regularly in these ranges with offshore books. I consider myself a recreation bettor b/c only a cocky douche would call themselves a pro and I wont do that. Gambling is gambling, none of us are pros, some of us are just smarter and wiser than others, doesnt make anyone a pro.
This goes back a ways-5 Years. But I was at about 40k with these guys. They were fine and I bled it off 3-5k at a time. I would highly suggest the debit card withdrawl. The limits are relatively high and you can get it in cash. The check rout (3k) is fine for a couple small ones as well.
Hope this helps but they have always done right by me.
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This goes back a ways-5 Years. But I was at about 40k with these guys. They were fine and I bled it off 3-5k at a time. I would highly suggest the debit card withdrawl. The limits are relatively high and you can get it in cash. The check rout (3k) is fine for a couple small ones as well.
Hope this helps but they have always done right by me.
If you're looking to move that kind of weight out of your account it would be idiotic not to use Bitcoin.
hall, what wallet do you use..i'm looking at coinbase..don't know much about bitcoins..i'm gonna use it for withdrawals only..bookmaker allows this..my question is, once i withdraw into my wallet, what are my options to cash out..do i have to put it into my bank account..can i put it on a debit card, etc...i'd appreciate a reply..thanks
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Quote Originally Posted by HALLINGGOL:
If you're looking to move that kind of weight out of your account it would be idiotic not to use Bitcoin.
hall, what wallet do you use..i'm looking at coinbase..don't know much about bitcoins..i'm gonna use it for withdrawals only..bookmaker allows this..my question is, once i withdraw into my wallet, what are my options to cash out..do i have to put it into my bank account..can i put it on a debit card, etc...i'd appreciate a reply..thanks
hall, what wallet do you use..i'm looking at coinbase..don't know much about bitcoins..i'm gonna use it for withdrawals only..bookmaker allows this..my question is, once i withdraw into my wallet, what are my options to cash out..do i have to put it into my bank account..can i put it on a debit card, etc...i'd appreciate a reply..thanks
Coinbase or Circle. Circle is free but has lower limits.
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Quote Originally Posted by vinnievibes:
hall, what wallet do you use..i'm looking at coinbase..don't know much about bitcoins..i'm gonna use it for withdrawals only..bookmaker allows this..my question is, once i withdraw into my wallet, what are my options to cash out..do i have to put it into my bank account..can i put it on a debit card, etc...i'd appreciate a reply..thanks
Coinbase or Circle. Circle is free but has lower limits.
Coinbase or Circle. Circle is free but has lower limits.
I appreciate the help you're giving regarding Bitcoin. I have two questions if you don't mind...Once you make your sportsbook withdrawal, do you use Coinbase or Circle to actually make the BTC sell, or do you go to another site?
Also, is the process of transferring from your bitcoin wallet into your bank account pretty simple?
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Quote Originally Posted by vanzack:
Coinbase or Circle. Circle is free but has lower limits.
I appreciate the help you're giving regarding Bitcoin. I have two questions if you don't mind...Once you make your sportsbook withdrawal, do you use Coinbase or Circle to actually make the BTC sell, or do you go to another site?
Also, is the process of transferring from your bitcoin wallet into your bank account pretty simple?
I appreciate the help you're giving regarding Bitcoin. I have two questions if you don't mind...Once you make your sportsbook withdrawal, do you use Coinbase or Circle to actually make the BTC sell, or do you go to another site?
Also, is the process of transferring from your bitcoin wallet into your bank account pretty simple?
Set up Coinbase or Circle or both. Circle has lower limits (like 5k), but is free. Coinbase has higher limits (like 50k) but is 1%. use Circe and Coinbase to buy or sell your BTC from USD in your bank.
Use something like Blockchain as an intermediary wallet between coinbase or circle and the sports book.
So to deposit: Buy BTC on coinbase or circle. Transfer to Blockchain. Transfer from blockchain to book.
To WD: Transfer from book to blockchain, transfer from blockchain to coinbase or circle, sell your btc, money comes to bank.
You can easily transfer book to book by going from book A to blockchain, then blockchain to book B.
The process of selling BTC is simple - but takes about 3 days to get your money in your bank account. You get the sell price as of the minute you sell, but it takes a couple of days to hit your bank. It is like 3 clicks on either coinbase or circle.
Look - just try it out with like 5 bucks. Literally, set up something and move 5 bucks around. Get the hang of it. Buy 5 bucks, transfer it around, then sell 5 bucks. That alone will tell you the ins and outs and you can see if it is something for you.
Support your local animal shelter. I am on twitter.
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Quote Originally Posted by Arkydude:
I appreciate the help you're giving regarding Bitcoin. I have two questions if you don't mind...Once you make your sportsbook withdrawal, do you use Coinbase or Circle to actually make the BTC sell, or do you go to another site?
Also, is the process of transferring from your bitcoin wallet into your bank account pretty simple?
Set up Coinbase or Circle or both. Circle has lower limits (like 5k), but is free. Coinbase has higher limits (like 50k) but is 1%. use Circe and Coinbase to buy or sell your BTC from USD in your bank.
Use something like Blockchain as an intermediary wallet between coinbase or circle and the sports book.
So to deposit: Buy BTC on coinbase or circle. Transfer to Blockchain. Transfer from blockchain to book.
To WD: Transfer from book to blockchain, transfer from blockchain to coinbase or circle, sell your btc, money comes to bank.
You can easily transfer book to book by going from book A to blockchain, then blockchain to book B.
The process of selling BTC is simple - but takes about 3 days to get your money in your bank account. You get the sell price as of the minute you sell, but it takes a couple of days to hit your bank. It is like 3 clicks on either coinbase or circle.
Look - just try it out with like 5 bucks. Literally, set up something and move 5 bucks around. Get the hang of it. Buy 5 bucks, transfer it around, then sell 5 bucks. That alone will tell you the ins and outs and you can see if it is something for you.
i got everything you say except for the very last thing.."it takes a couple days to hit your bank"..by "bank", you mean , actual bank with my checking account
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i got everything you say except for the very last thing.."it takes a couple days to hit your bank"..by "bank", you mean , actual bank with my checking account
You link Coinbase and Circle to your actual bank account. Yes, that bank account with your checking account. It is an EFT or ACH like paying an online bill or a credit card or something.
So there is some setup involved - you will need to verify your bank account with the typical micro deposit amount (which takes a couple of days). Once verified, your bank is where real dollars begin and end.
So when you WD from a book, they buy BTC with your balance, they transfer the BTC to your blockchain account, you transfer the BTC to your CB or Circle wallet, then you sell the BTC to CB or Circle - and the money is in your bank acct in about 3 days.
Support your local animal shelter. I am on twitter.
0
You link Coinbase and Circle to your actual bank account. Yes, that bank account with your checking account. It is an EFT or ACH like paying an online bill or a credit card or something.
So there is some setup involved - you will need to verify your bank account with the typical micro deposit amount (which takes a couple of days). Once verified, your bank is where real dollars begin and end.
So when you WD from a book, they buy BTC with your balance, they transfer the BTC to your blockchain account, you transfer the BTC to your CB or Circle wallet, then you sell the BTC to CB or Circle - and the money is in your bank acct in about 3 days.
What is the purpose of using blockchain? Cant I just use coinbase or circle to transfer funds directly to and from my book?
my thoughts exactly..i don't think you need it..extra security, perhaps..vanzack seems to know what he's talking about..i was gonna ask him the same question, but I think he'd punch me in the face if I asked him one more question
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Quote Originally Posted by snoops_og:
What is the purpose of using blockchain? Cant I just use coinbase or circle to transfer funds directly to and from my book?
my thoughts exactly..i don't think you need it..extra security, perhaps..vanzack seems to know what he's talking about..i was gonna ask him the same question, but I think he'd punch me in the face if I asked him one more question
Punch you in the face? Come on. Maybe give you a papercut. Honestly - I love good productive discussion - no matter how many questions it takes.
To answer the last two questions regarding an "intermediary" wallet such as blockchain....
Coinbase and Circle are not gambling friendly - because they deal in dollars and the UIGEA deals in dollars. Coinbase and circle take Americans who pay with dollars, and therefore if you do a lot of transfers directly to and from a gambling site, they can / might ban you.
So if they only see that your transfers are going to another wallet, it is an extra few clicks for you - but added protection. Also - I only use the Coinbase and circle wallets when I intend to buy or sell - my other wallets (such as blockchain or other similar) are used for storage and transfers.
Ask any further questions.
Support your local animal shelter. I am on twitter.
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Punch you in the face? Come on. Maybe give you a papercut. Honestly - I love good productive discussion - no matter how many questions it takes.
To answer the last two questions regarding an "intermediary" wallet such as blockchain....
Coinbase and Circle are not gambling friendly - because they deal in dollars and the UIGEA deals in dollars. Coinbase and circle take Americans who pay with dollars, and therefore if you do a lot of transfers directly to and from a gambling site, they can / might ban you.
So if they only see that your transfers are going to another wallet, it is an extra few clicks for you - but added protection. Also - I only use the Coinbase and circle wallets when I intend to buy or sell - my other wallets (such as blockchain or other similar) are used for storage and transfers.
ALWAYS get a new address when sending or receiving.
It is very easy to do, and it protects your anonymity. This one I will let you google - because it applies to all bitcoin transactions (not just gambling related).
Support your local animal shelter. I am on twitter.
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Also - one other tip.
ALWAYS get a new address when sending or receiving.
It is very easy to do, and it protects your anonymity. This one I will let you google - because it applies to all bitcoin transactions (not just gambling related).
Do you obtain a new address after every transfer with both wallets? (coinbase and blockchain)?
Are there any US banks that are not bitcoin friendly? Like are there any risks when it comes to depositing/transferring a large sum of money from coinbase to your bank account?
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Thanks vanzack, your answers are very clear.
Do you obtain a new address after every transfer with both wallets? (coinbase and blockchain)?
Are there any US banks that are not bitcoin friendly? Like are there any risks when it comes to depositing/transferring a large sum of money from coinbase to your bank account?
Debit card has worked fine for me for years. It's will take a while to get all of your funds but you are guaranteed to get them.
The BC option seems to be the most effective for that large amount.
GL whatever you do.
I've been tempted to go that route since Reloadit is never available anymore. I always shy away just for the fact I get worried that my bank will get curious. Is it basically put into your account as if a business is refunding you?
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Quote Originally Posted by moneymaker14:
Debit card has worked fine for me for years. It's will take a while to get all of your funds but you are guaranteed to get them.
The BC option seems to be the most effective for that large amount.
GL whatever you do.
I've been tempted to go that route since Reloadit is never available anymore. I always shy away just for the fact I get worried that my bank will get curious. Is it basically put into your account as if a business is refunding you?
I've been tempted to go that route since Reloadit is never available anymore. I always shy away just for the fact I get worried that my bank will get curious. Is it basically put into your account as if a business is refunding you?
i was under the impression the debit card is what the book, such as bookmaker sends you, that you can use at atm's..has nothing to do with your bank ??????
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Quote Originally Posted by Arkydude:
I've been tempted to go that route since Reloadit is never available anymore. I always shy away just for the fact I get worried that my bank will get curious. Is it basically put into your account as if a business is refunding you?
i was under the impression the debit card is what the book, such as bookmaker sends you, that you can use at atm's..has nothing to do with your bank ??????
i was under the impression the debit card is what the book, such as bookmaker sends you, that you can use at atm's..has nothing to do with your bank ??????
I've never heard of 5dimes sending you a debit card as a payout method. I was assuming he meant the Debit Card Funds Application method. Which is only available to people with a debit card attached to a bank account.
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Quote Originally Posted by vinnievibes:
i was under the impression the debit card is what the book, such as bookmaker sends you, that you can use at atm's..has nothing to do with your bank ??????
I've never heard of 5dimes sending you a debit card as a payout method. I was assuming he meant the Debit Card Funds Application method. Which is only available to people with a debit card attached to a bank account.
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