i have some questions regarding sportsbetting poker and bitcoin

Baldy86

Baldy86

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hey :)

i will list my questions :

1. if i win money on SB poker freeroll tournaments can i withdraw without having made a deposit ever ?


2. how trouble free is withdrawing money from SB poker ?

3. i have seen that SB poker unfortunately does not offer neteller or ecopayz . so i was thinking about bitcoin . but how does it work ?


3. a) how can i get a bitcoin wallet ?

b) is a bitcoin wallet for free ?

c) is it safe ?

d) how can i withdraw money from bitcoin ? can i withdraw from bitcoin to my bank account ?


thanks
 
PHX

PHX

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I am assuming you are non-US player my answers would differ if you are US player. Answers in bold below.
hey :)

i will list my questions :

1. if i win money on SB poker freeroll tournaments can i withdraw without having made a deposit ever ? No. You must have made at least 1 deposit before and roll it before you are able to request to withdraw.


2. how trouble free is withdrawing money from SB poker ? It is pretty fast and easy. You only run into problems if you took a bonus from them and still have requirements on it.

3. i have seen that SB poker unfortunately does not offer neteller or ecopayz . so i was thinking about bitcoin . but how does it work ? They stopped Neteller and Skrill only a few month ago. ecoPayz is available to some regions you can ask them on live chat to double check if it is available to you.


3. a) how can i get a bitcoin wallet ?

b) is a bitcoin wallet for free ? It is free to open a bitcoin wallet and to withdraw money from poker room is free also. There will be fees to cash out your bitcoin to cash or deposit to a poker room.

c) is it safe ? It is relatively safe once you do your research applies to poker rooms and casinos too. There are some sites that are scams out there most of them look like legitimate business. Simple google search for reviews should let you know which ones look shady and to stay away from.

d) how can i withdraw money from bitcoin ? can i withdraw from bitcoin to my bank account ? Some wallets offer withdraw to bank. You can also spend your bitcoins on many sites nowadays. Depending on your location and region rules you maybe able to deposit it straight on Neteller and ecoPayz. There are also some sites that offer exchange to other forms of money like Paypal or Neteller or even cash via western union, these are sometimes quite costly though.

A couple important notes:

- Withdrawals take less than 2 days and recently I used bitcoin to withdraw and it was processed in a little over an hour.

- Roll it refers to playthrough. So to roll $50 you must play $50 worth of games on Poker or SportsBets or Casino. Casino is a little more complicated as some games do not count $1played:$1Rollover. There is a table on site or you can ask support.


-The website says $50 deposit and roll it in order to make a withdrawal. I only deposited $10 on my first deposit and was able to withdraw.

- They sometimes ask for verification documents but I have seen some players withdraw without them requesting especially if it is bitcoin. Verification documents is a government issued ID and some form of address document like a utility bill.

- Sportsbetting Poker offer some of the best bonuses you will find out there. But they come with large play-through requirements you cannot withdraw if you have pending play-through. I normally advise never take a bonus.

- The price of Bitcoins is very volatile and change drastically over very short periods. Meaning your money can increase or decrease over night. I normally have planned before hand what I am going to use bitcoin for before making withdrawal request that way I do not let it sit in wallet and have the chance of dropping.

- I use coinbase it is the best available for my country. Fees and use of bitcoin wallets vary from county/region.



thanks
 
PHX

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If you have any other questions just ask. If you use quote and reply to this message I will see it faster.
 
Baldy86

Baldy86

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If you have any other questions just ask. If you use quote and reply to this message I will see it faster.


thank you very much man !

but the bitcoin wallet / bitcoin sites thing made me cautious . i am scared lol
 
PHX

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Poker money is still hard earned money fighting for many hours for many days and sometimes weeks to build a bankroll to only have some scam you or you loose it because of mistake it is not easy.

I was scared too at the start as I read many stories about scammers and also bitcoin seemed complicated. But the more I read about bitcoin easier and safer it seemed and now I have no reservations about doing transactions with it. I still do take a few minutes in every transaction to double I have correct addresses.

I also thought for a while that Sportsbetting Poker and their sister site Betonline were scams as well. But after a few years and couple thousand dollars worth of withdrawals it is now one of my more favoured sites to play one.

I would advise you to ask them if ecoPayz can be used for withdrawals I see it on my deposit list but not on my withdrawal list anymore. If you can't use ecoPayz read up about bitcoin the more information you have the better.



thank you very much man !

but the bitcoin wallet / bitcoin sites thing made me cautious . i am scared lol
 
Baldy86

Baldy86

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well i am sure that all pokersites are rigged bro . but that is another topic

where can i get a bitcoin wallet for free ?
 
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canabero

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well i am sure that all pokersites are rigged bro . but that is another topic

where can i get a bitcoin wallet for free ?

software wallets ( best choice in terms of security and if you want to store crypto as a store of value. anonymous)

EXODUS
ATOMIC WALLET

web wallets or exchange ( to buy or sell crypto with fiat. best choice if you just want to convert crypto to fiat, weaker in terms of security. you need to provide personal info)

BINANCE
COINBASE

you can find better exchange but it depends on your country.
in terms of security the best option are hardware wallets but those you need to buy them.
another tip: i use bitcoin as a store of value, you can find people talking that bitcoin is volatile but in long term there is nothing that has proved to be more solid and profitable than bitcoin (numbers don't lie)
 
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