Betting Questions

Discussion in 'MMA Betting Discussion' started by EzFlyer, Jan 4, 2016.

  1. t6p

    t6p Green Belt

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    @iGnP @LEMONZEST I second all of this. I funded my account with Bitcoin exclusively from the start and I've had no issues.
     
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  2. iGnP

    iGnP Red Belt

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    I was about to PM you. A couple of pages earlier there were talks of people having issues withdrawing when they were using BTC. Any idea they ran into issues and you havent?
     
  3. t6p

    t6p Green Belt

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    I think it depends on the case, but my feeling is that they don't like when you've funded your account using other sources and then request BTC withdrawls. 100% of my deposits have been through Bitcoin.

    The other factor I believe is that I'm not nearly as profitable as some others on here at this point. I've only been gambling consistently on MMA for about 2 years now. It remains to be seen how they'll treat me if I ever start winning larger amounts.
     
  4. EzFlyer

    EzFlyer Senior Moderator Staff Member

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    dude i don't even know anymore.. my last deposit was made in early 2015.. i have taken a ton of payouts since then, usually via moneygram.. but at the start of 2017 i started making BTC withdrawals until they cut me off from them and labeled me a "BTC" abuser

    long story short, after NUMEROUS phonecalls, emails, etc.. they have agreed to let me take $ out via checks instead of just moneygram. so far, so good. got my first one last week within 3 days of request.

    if i was to deposit again, i would do it via moneygram, in all likelihood... but i can't speak to whether or not that's the best option. if you do bitcoin stuff and/or plan to request bitcoin payouts, i'd ask them if you could become bitcoin exclusive and deposit that way. but get something in writing is my advice if you do so, cause of the crap i've had to deal with
     
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  5. iGnP

    iGnP Red Belt

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    If it's not too much trouble, could you link me to your posts earlier walking someone through the process of what to do if you wanna go the BTC route, please? <3

    Ah I getcha. Thanks
     
  6. t6p

    t6p Green Belt

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    I think a lot of that info is kind of out of date this point, but here's a similar article to what I posted before: https://www.safestbettingsites.com/...bitcoin-online-gambling-sites-step-step-guide. I know some people have had issues with Coinbase banning them, so you should definitely use an intermediary wallet if you decide to go that route. The other option is to use a different exchange, a lot of people like LocalBitcoins.

    This Reddit thread also has some decent info: https://www.reddit.com/r/sportsbook/comments/61367m/how_do_you_guys_withdraw_via_bitcoin/

    On another note, I'm no Bitcoin expert, but it sounds like there are some technical changes coming August 1st which may freeze things temporarily. I'd suggest waiting until that shakes itself out before jumping in. Good luck.
     
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  7. Joseph Budden

    Joseph Budden GTM Gym, Tan, Make #Elite Bets

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    I came in here to comment on that. Got a note from 5d when I logged in today about a 72 hour window where they are freezing btc? Wtf is going on. I need bitcoin to stay
     
  8. t6p

    t6p Green Belt

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    I'm not the best person to explain this by a long shot but my understanding is that Bitcoin may "hardfork", which basically means split into two different versions. I have no idea what effect this may have on the value of BTC.

    I don't think there's anything to worry about if your money is already in your 5d account and converted to USD. I assume we'll still be able to deposit/withdraw as normal after things get resolved. But if you have any significant amount of BTC in an exchange it might be a good idea to get it out of there before August 1st.
     
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  9. Yotsuya

    Yotsuya Orange Belt

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    How do new lines get opened at Betfair? Can I offer odds for any scheduled fight or what?
     
  10. LEMONZEST

    LEMONZEST Planning parlays...

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    This is it. For 5d if you want to withdraw using BTC then you should deposit using BTC otherwise they will get grumpy after a couple transactions. I deposited initially with cc and then withdrew several times with BTC and they kinda got pissy. I simply explained that next time I deposit I will use BTC and that seemed to placate them.
     
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  11. DynamicLoosener

    DynamicLoosener Grass Fed Free Range Dolce Belt

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    Hi guys, i recently moved to missouri and would like to place a bet on the fight tonight. Is it even legal in this state and what is the most legit website nowadays? i normally dont bet on stuff but tonight i figure what the hell! :)
     
  12. rev0lver

    rev0lver Orange Belt

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    Hella late response on this (sorry), but for future reference, you shouldn't have issues signing up in your state, but I'd recommend depositing and withdrawing via bitcoin if there are any legal issues with websites down the line.

    Most people here seem to use 5dimes. They're among the first to put up lines and will usually have any kind of prop bet you'd want. I use Bovada personally, much better website layout imo and bonus options, but can be late on lines (especially props)
     
  13. Roads55

    Roads55 Brown Belt

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    yeah whenever they can be bothered to list the fights you can offer odds or request odds at whatever price you want for however much. you can get much better lines than bookmakers sometimes. you can msg betfair to put new markets up also, I do it all the time on twitter.
    liquidity is low for mma leading up to the fights compared to matchbook but there's a lot more near the start of the event, and then you can also request and offer odds for or against an outcome in-play which is the only place in the world that does so for the whole fight.
     
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