Best High Stakes Sportsbook for BTC

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  • flabrah5
    SBR MVP
    • 11-11-12
    • 1743

    #1
    Best High Stakes Sportsbook for BTC
    Guys, is it just me or is it costing a lot in BTC fees over time? I try to not have an interest in it so I sell and put funds into my bank account a lot of the time. This is costing me more than I imagined with a 3-7% fee when I do go ahead and purchase let alone sell costs 3% as well.

    What is the best exchange to purchase off of, but more importantly, who is the best book that works with you on BTC fees WITHOUT a rollover requirement?

    I'm on Bookmaker now. Their site says 15% of fees no more than the deposit value. I'm getting the run-around that it's just 15% of the fee. So in theory, you are getting 15% back of a 3-7% cost.

    Pay $300 in BTC fees, get $45 in credit? And BM seems to take forever to get this back to you anyways. Then win $300 for the sake of it, withdrawal, and sell - that's another $15-$30 bucks.

    Maybe I'm an idiot and just doing this all wrong but any suggestions would be great. I like to have the USD in my bank account and that's my main goal.

    Anyone have experience with BM and their BTC fee refund, though? How long does that take if so?

    Ramble over. BOL out there.
  • flabrah5
    SBR MVP
    • 11-11-12
    • 1743

    #2
    Might I add, so long were the good ol days where books took all the fees with credit and debit cards. They have to be making at least 10-20% more now with crypto and no risk of people out there that do the ********** method. I feel like we the players lost out on the crypto ordeal, even though I do love the idea of it. Especially come around withdrawal time. But purchase and deposit take a killing, especially in the 5 figure range.
    Comment
    • mrpapageorgio
      SBR MVP
      • 09-07-17
      • 2974

      #3
      Originally posted by flabrah5
      Guys, is it just me or is it costing a lot in BTC fees over time? I try to not have an interest in it so I sell and put funds into my bank account a lot of the time. This is costing me more than I imagined with a 3-7% fee when I do go ahead and purchase let alone sell costs 3% as well.

      What is the best exchange to purchase off of, but more importantly, who is the best book that works with you on BTC fees WITHOUT a rollover requirement?

      I'm on Bookmaker now. Their site says 15% of fees no more than the deposit value. I'm getting the run-around that it's just 15% of the fee. So in theory, you are getting 15% back of a 3-7% cost.

      Pay $300 in BTC fees, get $45 in credit? And BM seems to take forever to get this back to you anyways. Then win $300 for the sake of it, withdrawal, and sell - that's another $15-$30 bucks.

      Maybe I'm an idiot and just doing this all wrong but any suggestions would be great. I like to have the USD in my bank account and that's my main goal.

      Anyone have experience with BM and their BTC fee refund, though? How long does that take if so?

      Ramble over. BOL out there.
      Where are you buying Bitcoin from? If you purchase straight from Coinbase's retail page (particularly using a credit card), it's going to be expensive, but if you buy from the investor (pro) platform, it's only .5%. You just have to deposit fiat first, it's not an instant purchase like if you use a credit card. If you use a debit card, you can buy on Cash App for around 1.5%.

      Selling, you can do it through Coinbase's pro platform or load it onto a Bitpay debit card.
      Comment
      • flabrah5
        SBR MVP
        • 11-11-12
        • 1743

        #4
        Originally posted by mrpapageorgio
        Where are you buying Bitcoin from? If you purchase straight from Coinbase's retail page (particularly using a credit card), it's going to be expensive, but if you buy from the investor (pro) platform, it's only .5%. You just have to deposit fiat first, it's not an instant purchase like if you use a credit card. If you use a debit card, you can buy on Cash App for around 1.5%.

        Selling, you can do it through Coinbase's pro platform or load it onto a Bitpay debit card.
        Coinbase got rid of me. I even did a middle wallet. Had.no explanation. Coinmama and CEX.IO I was a rookie not doing a middle wallet a long, long time ago and won't change their decision years later.

        I unfortunately have to use Xcoins, Bitit, and Paxful.

        Also, when you buy do you not have a BTC price that is roughly 1-2% lower than what Bookmaker, or the other books, calculate it as?

        Any suggestions beyond the above would be amazing. I feel unsafe keeping money in BTC, even though I am bullish on it.

        Thanks for the reply.
        Comment
        • mrpapageorgio
          SBR MVP
          • 09-07-17
          • 2974

          #5
          Originally posted by flabrah5
          Coinbase got rid of me. I even did a middle wallet. Had.no explanation. Coinmama and CEX.IO I was a rookie not doing a middle wallet a long, long time ago and won't change their decision years later.

          I unfortunately have to use Xcoins, Bitit, and Paxful.

          Also, when you buy do you not have a BTC price that is roughly 1-2% lower than what Bookmaker, or the other books, calculate it as?

          Any suggestions beyond the above would be amazing. I feel unsafe keeping money in BTC, even though I am bullish on it.

          Thanks for the reply.
          I usually use Cash App and rarely have an issue with the quoted price being more than 1-2% off. There's also Gemini people have talked about.
          People have talked about the Crypto.com app is offering a promo no fees to buy until the end of June, normally 3.5%
          Comment
          • HomeRun35
            SBR High Roller
            • 05-09-20
            • 182

            #6
            I just discovered Fairlay and it's amazing. I cannot believe it isn't more popular and why would anyone use Nitrogen over it? Fairlay offers Pinnacle prices in every market which is a metric ton better than Nitrogen's outrageous juice. Commission is cheap(0.4% when you win). I've also seen plenty of markets where the offers were double the size of what Pinnacle's limit was at the time.

            I've been posting a ton of better than market price offers recently and I'm rarely getting filled unless Pinnacle moves past my price. But it's still great for just taking Pin prices
            Last edited by HomeRun35; 05-27-20, 12:35 AM.
            Comment
            • cornmeal
              SBR High Roller
              • 05-15-17
              • 220

              #7
              If Fairlay would go to a normal layout it would be like Pinnacle back in the day for us state side players.
              Either way their always my first option, low vig and instant payouts- just have to get used to the shitty layout
              Comment
              • littlekona
                SBR Hall of Famer
                • 11-19-15
                • 5241

                #8
                Use the APP for the games it has. It is better in every aspect including much easier PLUS the grading is like instant or even faster on over's, parlays and the CS that is there is the absolute best around
                Comment
                • HomeRun35
                  SBR High Roller
                  • 05-09-20
                  • 182

                  #9
                  Originally posted by littlekona
                  Use the APP for the games it has. It is better in every aspect including much easier PLUS the grading is like instant or even faster on over's, parlays and the CS that is there is the absolute best around
                  Except the APP juice is absurd. I understand it for markets that are hard to find(sims, but still junk limits) but why in the world would you ever use it for anything Pinnacle offers? Fairlay will have much better odds already posted. For KBO, the APP was showing 22 cent juice lol. KBO games will already be listed on Fairlay at 8c juice
                  Comment
                  • littlekona
                    SBR Hall of Famer
                    • 11-19-15
                    • 5241

                    #10
                    Originally posted by HomeRun35
                    Except the APP juice is absurd. I understand it for markets that are hard to find(sims, but still junk limits) but why in the world would you ever use it for anything Pinnacle offers? Fairlay will have much better odds already posted. For KBO, the APP was showing 22 cent juice lol. KBO games will already be listed on Fairlay at 8c juice
                    I will look. they are not posted on the Site just the APP right now
                    Comment
                    • flabrah5
                      SBR MVP
                      • 11-11-12
                      • 1743

                      #11
                      Thanks, Gents! I'mma check it out. Bookmaker also decreasing payouts to $5k/week killing me. Too much in there to hear "financial difficulties."
                      Comment
                      • littlekona
                        SBR Hall of Famer
                        • 11-19-15
                        • 5241

                        #12
                        Originally posted by HomeRun35
                        Except the APP juice is absurd. I understand it for markets that are hard to find(sims, but still junk limits) but why in the world would you ever use it for anything Pinnacle offers? Fairlay will have much better odds already posted. For KBO, the APP was showing 22 cent juice lol. KBO games will already be listed on Fairlay at 8c juice
                        your right better off using the Fairlay site direct for Korean BBall. The APP using bovada for Korean baseball but esports and sims the absolute juice LOWER than pinnacle
                        Comment
                        • cornmeal
                          SBR High Roller
                          • 05-15-17
                          • 220

                          #13
                          Originally posted by littlekona
                          Use the APP for the games it has. It is better in every aspect including much easier PLUS the grading is like instant or even faster on over's, parlays and the CS that is there is the absolute best around
                          Kona fairlay has an app?
                          Comment
                          • Colonist
                            SBR High Roller
                            • 05-24-20
                            • 203

                            #14
                            Sorry, im likely just naive or uninformed but are you using a broker to access Fairlay? If so, which one. They wont give access to US customers.

                            Originally posted by cornmeal
                            If Fairlay would go to a normal layout it would be like Pinnacle back in the day for us state side players.
                            Either way their always my first option, low vig and instant payouts- just have to get used to the shitty layout
                            Comment
                            • DontTailMe
                              SBR MVP
                              • 03-24-19
                              • 2897

                              #15
                              Originally posted by Colonist
                              Sorry, im likely just naive or uninformed but are you using a broker to access Fairlay? If so, which one. They wont give access to US customers.
                              FairPlay won’t give access to US customers? As a US based Fairlay user, that’s news to me.
                              Comment
                              • Colonist
                                SBR High Roller
                                • 05-24-20
                                • 203

                                #16
                                Fairlay is a prediction market and exchange using Bitcoin. You can predict on the news and Bitcoin events or suggest your own events and earn money!


                                Originally posted by DontTailMe
                                FairPlay won’t give access to US customers? As a US based Fairlay user, that’s news to me.
                                Comment
                                • DontTailMe
                                  SBR MVP
                                  • 03-24-19
                                  • 2897

                                  #17
                                  Originally posted by Colonist
                                  That's interesting. I was introduced to Fairlay by US players, and they certainly are not blocking my US based IP addresses.

                                  Can anyone tell me if I'm playing with fire here?
                                  Comment
                                  • cornmeal
                                    SBR High Roller
                                    • 05-15-17
                                    • 220

                                    #18
                                    I have never had an issue with them, hopefully someone with a stronger relationship will have a clearer answer. Was not aware of the restricted-regions, good find Colonist.
                                    Comment
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