How to Use Bitcoin for Sports Betting Video Tutorial

**Bluehorseshoe** · 01-04-17, 05:38 PM

Originally posted by Optional

I dont know BHS... been relying on you and others to tell me how Gemini works so I can share the info when needed.

Hopefully it will be less time now. I would expect so. Please let me me know?

Of course.

**SBR Natalie** · 01-05-17, 11:27 AM

How to Avoid Taking a Loss when Bitcoin's Value Seesaws - Sportsbook Review Forum

http://www.sportsbookreview.com/forum/bitcoin-sports-betting/3349951-how-avoid-taking-loss-when-bitcoins-value-seesaws.html

Bitcoin sportsbook discussion and reviews by SBR and bitcoin sports bettor enthusiasts.

**jjgold** · 01-05-17, 12:07 PM

I keep watching these before I jump in

**Sam Odom** · 01-05-17, 12:08 PM

Originally posted by jjgold

I keep watching these before I jump in

**blowjoe2020** · 01-05-17, 10:18 PM

Originally posted by Bluehorseshoe

What the hell are you talking about?? What did I do? lol

LOL You did nothing! It was the other guy who was acting like I should just know all about bitcoin right off the bat!

**mintpicks79** · 01-08-17, 11:26 AM

Little confused on how to withdraw bitcoin from my coinbase account

**Russian Rocket** · 01-08-17, 11:43 AM

Originally posted by mintpicks79

Little confused on how to withdraw bitcoin from my coinbase account

To withdraw USD:
Most common way is to add your checking/savings bank acct to coinbase
then sell BTC on exchange and transfer USD to your bank acct

To withdraw an actual BTC:
All you gotta do is transfer bitcoins from coinbase to another wallet.

**gauchojake** · 01-08-17, 11:45 AM

Buy Hi, Sell Low that's my motto!

**mintpicks79** · 01-08-17, 11:48 AM

Thank you sir Russian that helped

**mintpicks79** · 01-08-17, 11:52 AM

Does sbr transfer to our sports books by anychance ? For contest cash winnings

**Russian Rocket** · 01-08-17, 11:58 AM

Originally posted by mintpicks79

Does sbr transfer to our sports books by anychance ? For contest cash winnings

I would suggest to transfer any future winnings that you might have here to your own wallet first. Then from there you can spread it out to any sportsbook of your choice.

The reason behind that, is that, if you use your own wallet, like for example coinbase, you'll have more control (In case of a problem) of the actual receiving address vs. no control all, if you decide to use a receiving address of the sportsbook.

**mintpicks79** · 01-10-17, 10:18 AM

So I took 3rd In bowl contest. How long does it take to receive payment once sent?

**Optional** · 01-10-17, 11:19 PM

Originally posted by mintpicks79

So I took 3rd In bowl contest. How long does it take to receive payment once sent?

Moments until it shows up. Should be 10 mins until confirmed after that. If all is done properly and the system is not in backlog.

If you have not received your prize already you should reply to the PM asking for your bitcoin address and check all is ok.

**YoungGambler** · 01-11-17, 08:26 PM

Book > Blockchain > Coinbase > Bank.

This basically via coinbase? I haven't used it in while, whats the fee on coinbase?

**Bluehorseshoe** · 01-11-17, 09:02 PM

Originally posted by Optional

I dont know BHS... been relying on you and others to tell me how Gemini works so I can share the info when needed.

Hopefully it will be less time now. I would expect so. Please let me me know?

Glidera is telling me 4 business days with the next transaction. lol

**Optional** · 01-11-17, 09:17 PM

Originally posted by Bluehorseshoe

Glidera is telling me 4 business days with the next transaction. lol

Sounds like they are more focused on investors than retail users.

Oh well, at least we know what to expect.

Thanks for the update.

**Bluehorseshoe** · 01-13-17, 01:04 PM

Originally posted by Optional

Sounds like they are more focused on investors than retail users.

Oh well, at least we know what to expect.

Thanks for the update.

It's the ACH that's the problem.

**stackz125** · 02-09-17, 07:00 AM

So it's
Book>Blockchain>coinbase>in to my banking account?
No need for a bitcoin ATM card?

**SBR Forum** · 02-09-17, 09:03 AM

Originally posted by stackz125

So it's
Book>Blockchain>coinbase>in to my banking account?
No need for a bitcoin ATM card?

Correct. A bitcoin ATM card isn't required.

**ATC727** · 02-26-17, 02:39 AM

omfg i love bitcoin! i cant wait until ATM card arrives, i have to see this. I sure miss those Debit ATM's

**silverdollar444** · 03-02-17, 09:33 AM

I recommend using Airbitz and then transferring to Coinbase.

**mandy2424** · 03-28-17, 10:52 AM

Apologize but been betting for years and check this website frequently but never post.

Need help- I created the coinbase account and it verified my account instantly by having me sign in with my checking account jnfo(little sketchy)

So how does this work I then need to create a block chain account? If I do this then can I transfer directly from the sports book and into my coinbase-I'm not trying to purchase any coins just trying to cash out. If someone could please handle with kid gloves I'd be more than appreciative.

How long does it to take from coinbase to your checking account? is it safe?

**Sam Odom** · 03-28-17, 11:48 AM

mandy

you need another wallet or two -- blockchain wallet is good (set it up) -- then get one for your smart phone (personal preference) , like Bread & Bitpay wallets

In general : btc from sportsbook --> wallet (above) --> 2nd wallet --> coinbase

may take 3-4 biz days coinbase --> bank

**mandy2424** · 03-28-17, 12:07 PM

Sam-much appreciated. Do I need to transfer though from Book to blockchain to coinbase or can you go direct to coinbase

**Sam Odom** · 03-28-17, 12:10 PM

safety 1st

Sammy uses TWO wallets in between book --> coinbase or coinbase --> book

**JamesBrown** · 03-28-17, 12:46 PM

Another option is to use a bitcoin ATM if you have one nearby. Yesterday I went from Book -> Airbitz wallet -> ATM. Same day payout this way.

**Sam Odom** · 03-28-17, 01:15 PM

Bitpay wallet & DC are nice also

**jjgold** · 03-28-17, 01:56 PM

Getting closer to the bitcoin game

**mandy2424** · 03-28-17, 03:33 PM

One more question-how long does the transaction take from blockchain to show in coinbase? It's been pending for over an hr now?

Also how do you get a Bitcoin atm card? are they in the us? Appreciate everything

**SBR Natalie** · 03-28-17, 05:02 PM

Originally posted by mandy2424

One more question-how long does the transaction take from blockchain to show in coinbase? It's been pending for over an hr now?

Also how do you get a Bitcoin atm card? are they in the us? Appreciate everything

Hi Mandy2424!

The time varies based on network congestion. User feedback suggests anywhere from minutes to 2-3 hours.

Coinbase users located in select states can use their Coinbase balance to make ATM withdrawals and debit purchases through the SHIFT Card.

The BitPay card is available in all 50 US states with larger limits though.

**QnzBalla23** · 03-28-17, 08:16 PM

what good options there are other than blockchain? i forget my password

**Kipsy1979** · 03-29-17, 07:46 PM

I'm still confused. I live in Canada. How long will it take on average to get from the sports book. To my bank?

**Kipsy1979** · 03-29-17, 07:48 PM

What's with all the high risk I hear about? Volitollity?

**PaperTrail07** · 03-30-17, 01:04 PM

Ok So I am setup with Coinbase..... Wil they charge my plastic as a Cash Advance when I buy??....there is already an 11$ fee on 280$....

**kfranz31** · 03-30-17, 01:14 PM

just dont like th e fact that you can withdrawl 200 from your sports account to bitcoin...then when you go to receive your cash there may not be 200 availablle as the exchange rate may have dropped....i lost 5 dollars in two hors...and could only withdrawl in 20 increments at the atm....so i could only get 180