Sports book to sportsbook

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  • SpringHeelJack
    SBR Rookie
    • 01-08-24
    • 26

    #1
    Sports book to sportsbook
    This is going to sound dumb but has anyone ever like sent their crypto from one sportsbook to another like...a withdrawal and sent it to say another? Like from bol to say bovada etc?
    Thanks
  • PD77
    SBR MVP
    • 12-11-09
    • 2381

    #2
    I did it once by accident, this was when sportsbooks were just starting to use crypto and before QR codes became the norm. It was a pain in the ass because it was a previously used deposit addy and the sportsbook had to “go find it”. I’ve read posts here about people doing it but it could be a disaster waiting to happen depending on the sportsbook. Most places use processors and some of them expire the deposit address for unknown reasons, so unless you know exactly when the withdrawal will be sen there could be issues. If it’s a crypto sportsbook there would be less issues bc all of your deposit addresses are always good even if you generate new ones.
    Comment
    • Optional
      Administrator
      • 06-10-10
      • 60660

      #3
      Best to always control one wallet in every transaction.

      If it is just to avoid a couple of bucks in fees then prob not worth it.
      .
      Comment
      • crinkledaces
        SBR Wise Guy
        • 08-06-09
        • 632

        #4
        I do this all the time with no issues. Been doing it for several years so don't sweat it. As long as your accounts are verified you're good. I would say I only do it with the books that pay out fast like BOL and Bov. Heritage takes too long to send now and so does BetUS so I send those to my wallet and then elsewhere.
        Comment
        • DonnieBrasco23
          SBR MVP
          • 11-06-23
          • 1136

          #5
          Originally posted by crinkledaces
          I do this all the time with no issues. Been doing it for several years so don't sweat it. As long as your accounts are verified you're good. I would say I only do it with the books that pay out fast like BOL and Bov. Heritage takes too long to send now and so does BetUS so I send those to my wallet and then elsewhere.
          Yeah I do it too with Bookmaker & BOL because they send fast. Not worth it with the other shops as you just mentioned.
          Comment
          • darthvader777
            SBR Hustler
            • 10-28-16
            • 95

            #6
            Originally posted by SpringHeelJack
            This is going to sound dumb but has anyone ever like sent their crypto from one sportsbook to another like...a withdrawal and sent it to say another? Like from bol to say bovada etc?
            Thanks
            I do this ALL the time. Not only does it save on network transaction fees, but also it exposes the transaction to less price volatility of the underlying currency.
            Comment
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