Cloudbet No.1 Bitcoin Betting Site Best Bitcoin Casino

Cloudbet Takes $15,000 in Bitcoin Cash Deposits From Player, Claiming He Was In USA

A site has recently been created called https://cloudbetscams.com regarding a case in which a major bitcoin sportsbook Cloudbet has been accused of stealing 67 Bitcoin Cash, or $15,000 in value from a player. They have said that it is because they believe he has been betting from the USA, and since his account had profited around that amount, they are allowed to accept his next deposits and then freeze the account if he does not lose those deposits, effectively freerolling the account's future deposits.
These types of antics from Cloudbet or offshore sportsbooks as a whole may not be new territory. But for Cloudbet, a site that just under two years ago resolved a 330btc dispute over similar circumstances with a suspected USA player, it is a bit surprising. This goes to show that just because a sportsbook or online casino resolves a dispute, does not mean it won't happen again. It is a clear marketing ploy to be able to show people that a well publicized case can be resolved and then in the minds of the public clearly it couldn't happen again, right? But it did.
A player going by the name Efxes has recently brought to light his trials and tribulations with the "Bitcoin No. 1 Sportsbook". He said that he deposited in one day 74 BCH, and went to withdraw 67BCH after a downstreak (he certainly still rolled over probably the entire $20,000 in deposited funds). Cloudbet froze his account and told him they were freezing the case after he sent in a permanent residence from the USA as an address verification. Efxes claims he was in Mexico- but regardless of this fact, Cloudbet accepted the action, they should pay out.
There has also been a medium article written about this very topic. You can read it here:https://medium.com/@drivingforpenn...nds-fcbae7016dd0
submitted by JoshuaJMadrid38 to u/JoshuaJMadrid38 [link] [comments]

Round up of Cryptocurrency News #3 Week 20/07 - 26/07

Pssst! Hey you. Scroll down for commentary!
Important/Notable/Highlights:
Special Mentions:
You haven't had enough news? Here is some more:
Speculation:
You made it! :)
First up, SORRY! This has been a late post, I have my reasons don't question them (if you must know I'll be posting in the discord - one time only haha). Secondly, I am sure you can agree with me when I say "Wow!" What an incredible week it has been. Last week I thought it was going to take a couple more weeks for more moving price action when it had only taken a few days which has seen Bitcoin reach and pass the $10,000 region. We have also seen the total Market cap for cryptocurrencies increase from about 280B to over 300B (308B at time of writing) within just a few days. A huge injection of liquidity, about 40B, into the market and just to name a few of the best rises in the top 20 (on Coinmarketcap.com), the price of ETH BTC ADA have given good performances/positive responses (With this I will start adding screenshots at the end of each week for timestamp purposes).
This may be a combination from Binance, Mastercard, Paypal, Grayscale investments, VISA AND the DEFI sector. Let me explain... Last week we read about Binance integrating with the company Swipe (SXP) to issue there own debit card expanding the use and reach of cryptocurrency to 31 countries within Europe. Binance's Q2 scheduled token burn of $60.5 Million, this figure correlates with its exchange, margin and futures trading platforms where approximately 20% of profits get burned to increase the price of BNB token (careful as the price has been steady after the burn).
This week we find out Mastercard's expansion into the Cryptosphere as they expand and integrate with the Wirex team to issue a Mastercard-backed Bitcoin debit card, thus further extending the reach of cryptocurrency availability internationally.
"The cryptocurrency market continues to mature and Mastercard is driving it forward, creating safe and secure experiences for consumers and businesses in today’s digital economy " "...Our work with Wirex and the wider crypto ecosystem is accelerating innovation and empowering consumers with more choice in the way they pay"
Mastercard is also reaching out to other emerging cryptocurrency firms to apply to become principal members [Partners] with Mastercard as they have relaxed their digital assets program and look to expand into the Digital Assets and Blockchain environment.
Paypals expression of interest in cryptocurrency facilitiation may bear fruits as it is said Paypal has partnered up with stablecoin operator Paxos (who is already in partnership with Revolut in the US) to facilitate trading through a cryptocurrency brokerage which will enable other firms to integrate cryptocurrency trading functionalities with them. In my opinion this looks much more promising than the Libra association they pulled out from last October as regulations.
Grayscale Investments clears regulatory hurdle as they have been given the green light for its Bitcoin Cash Trust (BCHG) and Litecoin Trust (LTCN) to be quoted in over-the-counter (OTC) markets by US Financial Industry Regulatory Authority (FINRA).
“The Trusts are open-ended trusts sponsored by Grayscale and are intended to enable exposure to the price movement of the Trusts’ underlying assets through a traditional investment vehicle, avoiding the challenges of buying, storing, and safekeeping digital Bitcoin Cash or Litecoin directly.”
More green lights for Cryptocurrency in the US as regulators allow banks to provide cryptocurrency custody services (which may go further than just custody services). A little bit strange as it seems unnecessary and undermines one of the key factors and uses of cryptocurrency which is to be in complete control of your own finances... On another outlook this may be bullish as it allows US banks to provide banking services directly to lawful cryptocurrency businesses and show support for Bitcoin.
Visa shows support stating they have a roadmap for their further expansion into the Crypto sphere. Already working with Crypto platform Coinbase and Fold they have stated they recognise the role of digital assets in the future of money. To be frank, it appears to be focused on stable coins, cost effectiveness and transaction speeds. However they are expanding their support for crypto assets.
AND MOST IMPORTANTLY, DeFI! Our very own growing section in crypto. Just like the 2017 ICO boom we are seeing exorbitant growth and FOMO into the Decentralised Finance sector (WBTC, Stablecoins, Yield farming, DEXs etc). The amount of active addresses on Ethereum has doubled but with the FOMO on their network have sky rocketed their fees! Large use-cases of stable coins such as USDT ($6B in circulation using ERC-20 standard), DAI, TUSD, and PAX. $114M Wrapped Bitcoin (WBTC) on their network acts as a fluid side chain for Bitcoin and DEX trade volume has touched $1.6B this month. With all this action happening on Ethereum I saw the 24HR volume surpass BTC briefly on Worldcoinindex.com
In other news, Bitcoin has been set as a new precedent in a US federal court in a case against Larry Dean Harmon, the operator of an underground trading platform Helix. Bitcoin has now legally been ruled as a form of money.
“After examination of the relevant statutes, case law, and other sources, the Court concludes that bitcoin is money under the MTA and that Helix, as described in the indictment, was an `unlicensed money transmitting business´ under applicable federal law.”
Quick news in China/Asia as floods threaten miners and the most dominant ASIC Bitcoin mining rig manufacturer Bitmain loses 10,000 Antminers worth millions alledgedly goes missing or "illegally transfered" with ongoing leadership dispute between cofounders.
Last but not least, Cardano (ADA) upgrade Shelley is ready to launch! Hardfork is initiated as final countdown clock is switched on. At time of writing the point of no return has been reached, stress tests done and confirmation Hardfork is coming 29/07 The Shelley Mainnet upgrade is a step toward fast, capable and decentralised crypto that can serve billions of people. With the Shelley Mainnet is ADA staking rewards and pools! Here is a chance for us Gravychainers to set up a small pool of our own. Small percentage of profits going into the development of the community, and you keep the rest!
If you read all of my ramblings thanks heaps! I appreciate it! I have added an extra piece of reading called speculation. Most you can speculate on by just reading the headline some others have more depth to them.
Another post next week for a weekly round up! Where do you think the market is going? What is in your portfolio? Let us know in the Gravychain Discord Channel
See you soon!
🍕 Bring some virtual pizza to share 🍕
Come have a chat, stimulate a discussion, ask a question or share some knowledge. We are all friendly crypto enthusiasts up for a chat, supportive and want to help each other with knowledge and investments!
Big thanks to our Telegram and My Crypto HQ for the constant news updates!
P.S.
Dr Seuss collectables on the blockchain HECK YEAH! and Bitcoin enters NASCAR, remember when Doge did this? it was like when Doge was trending on TikTok.
... Oh yeah did I also mention Steve Wozniak is suing Youtube, Google over rampant Bitcoin scams. Wait, what? Sydney based law firm JPB Liberty is suing Google, Facebook and Twitter for up to $300B. Just another day in the Cryptosphere.
submitted by IOTAbesomewhere to Gravychain [link] [comments]

Top 10 Ways to Earn Bitcoin in 2020

Top 10 Ways to Earn Bitcoin in 2020

https://preview.redd.it/14i4twybxby31.png?width=476&format=png&auto=webp&s=ba30918de799fb2614f4be1284a37d9708c5bbb3
Back in 2018, the most popular way to earn bitcoin seemed to be through Initial Coin Offerings (ICOs). Over $6 billion was raised in Q1 2018 for crypto projects — many with just a white paper and a website. Business was good for founders and investors until the end of 2018 when scammers were the only ones laughing. Most investors lost money, and capital investments into ICO dropped 97%. Companies like TruStory even launched whose sole mission was to stop ICO scams from happening. By Q1 2019, less than $900 million was raised through ICOs —with regulation being the coup de gras.
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So where has all the momentum shifted? The second wave of crypto projects will undoubtedly reward profits over potential. This article examines the top ways you can earn bitcoin in 2020 — from faucets and bitcoin mining to crypto savings accounts. The biggest winners of 2020 will likely fall into one of the following 10 categories. The strategy that is right for you will depend on your skills, network, access to capital, location, risk tolerance and investment timeline.

#1 - Holding
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Arguably the best way to make money on Bitcoin is to buy it and hold it for many years. Smart investors rely on a strategy called Dollar Cost Averaging (DCA) to reduce market volatility. This works by investing a fixed amount on a regular schedule, ie $100 once a week for 10 weeks, which helps offset the crypto market volatility. The hard part is being patient with the investment and resisting the urge to daytrade or sell too quickly.

#2 - Lending
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A number of fintech companies like BlockFi and BitBond now offer the ability to earn interest on your crypto holdings. Interest rates range start around 8% and can go as high as 20% for trusted lenders. The interest clients earn typically compounds monthly, although these returns mimic that of the S&P 500 so this is considered a low risk/reward option.

#3 - Day Trading
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A common way to earn Bitcoin trading is through trading cryptocurrencies on exchanges using 1X to as high as 100X leverage. Traders can also bet on the index of any crypto on sites like eToro or Robinhood. Daytraders will trade based on charts and trends, and try to grow their portfolio.
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Another much safer form of arbitrage is dropshipping. You can source products on Amazon or from sites like Oberlo who will help you find the right products to buy. You can build an e-commerce store using Shopify or just sell on eBay. If you have a store and supply chain already, it's easy to start accepting Bitcoin using a payment gateway like CoinPayments or BitPay.
Other peer-to-peer exchanges like Paxful, Purse and Redeeem allow you to trade gift cards and other digital and physical goods for bitcoin.

#4 - Gambling
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Gambling with Bitcoin is highly addictive, risky, largely unregulated, and offers the biggest and fastest financial volatility. Some popular crypto gambling sites include CloudBet, BetOnline, FortuneJack, Bovada, BetUS and hundreds of others. For more rankings, click here.

#5 - Mining
https://preview.redd.it/h9q7uphpyby31.png?width=471&format=png&auto=webp&s=64c18aeb8fc4bee85f9e1b8275385223f017c825
Despite the fact that over 80% of Bitcoin has already been mined, bitcoin mining is still a $4 billion annual industry. Since mining was intentionally developed to require advanced hardware, it's an expensive process that requires large mining facilities to be profitable. For this reason, most large-scale mining operations are located in China where electricity is cheap.
To be successful, individual miners are forced to join collective mining pools like MinerGate or simply mine as a fun hobby with Coinmine or Homeyminer and not worry about the ROI. To learn more, click here.

#6 - Faucets
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A faucet is just a website that gives free coins to every visitor for staying on the site or engaging with content. Some examples are Cointiply, FreeBitcoin, SatoshiQuiz and others. Keep in mind, a satoshi represents roughly 0.00000001 bitcoin, so 100 satoshi is about 1 penny. It would take 100 correct trivia answers on SatoshiQuiz to make $1 USD. It's far more profitable to own a Bitcoin faucet and make money on advertisements.

#7 - Services
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There are dozens of job boards online where you can earn bitcoin for a variety of independent contractor services. Many clients on Upwork, Freelancer and other non-crypto platforms will gladly 15% discounts or more if they can pay their freelancers in bitcoin and avoid the costs of the marketplace. Other more dedicated sites are listed below.
Jobs4Bitcoin — Reddit job board for bitcoin tasks
AngelList — Job board for crypto companies and projects
Earn.com — Earn bitcoin while learning about crypto
CryptoGrind — Escrow for bitcoin freelancers
CryptoJobs — Job board for bitcoin freelancers
Coinality — Job board for crypto freelancers
Bitfortip — Earn bitcoin for helping people Indeed — Job board for crypto companies BitWage — HR services for paying in crypto XBTFreelancer — Freelancers get paid in bitcoin

#8 - Exchanges
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The simplest and lowest-cost exchange is a Bitcoin ATM. As of January 2019, there were 4,213 Bitcoin or cryptocurrency ATMs worldwide. With many countries like Venezuela, Argentina and Nigeria experiencing hyperinflation, the world's 2.3 billion unbanked people will continue to demand bitcoin and stablecoins as hedges against inflation. The estimated startup costs for a Bitcoin ATM is about $25,000 per location, according to CoinATMRadar.
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Building a crypto exchange or peer-to-peer trading platform will be a more expensive way to earn bitcoin as an exchange. This requires building a website, hosting wallets on the blockchain, building security protocols, creating KYC/AML policies, accepting crypto payments, building two sides of a marketplace, and a little marketing, branding and legal work. Some examples of successful P2P trading platforms are Paxful, Purse and Redeeem.
The fiat to crypto exchanges like Gemini, Coinbase and Kraken usually require venture funding, large engineering teams and banking partnerships for proper custody of the funds. Fiat exchanges also have to register as a Money Services Business (MSB). For a full list of fiat exchanges, click here.

#9 - Affiliate Rewards
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Affiliate programs in crypto are endless, and they can come in many different shapes and sizes. Products like Lolli and Pei will reward you with bitcoin cashback everywhere you shop. Exchanges like Changelly will give you a percentage of their fee revenue for referring clients. Wallets like Abra will give you $25 for each signup. The optimal strategy is picking a familiar product that you know and love. For a list of affiliate programs, click here.

#10 - Content
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Bitcoin is King. Content is King. So Bitcoin Content must be God. The ability to research, write and publish high-quality content on Bitcoin, blockchain and cryptocurrencies will be a highly coveted asset in 2020. It's free to start a Medium blog, video blog or podcast and share your ideas to passionate audiences on Facebook, Twitter, Reddit or Quora. Try to build an audience first then turn on AdSense or activate other partnerships to start collecting passive revenue for your content.
submitted by levi_d-19 to Redeeem [link] [comments]

Where did you get a wonderful gambling experience? on what gambling site?

Well there are a lot of gambling site nowadays and its really hard for me to choose where to play, that's why reading some of your experience in some gambling sites will be a great help. I already try playing in some other gambling site like bitsler and cloudbet, its great but i'm looking for new experience and opportunity. As far as I know there are some good bitcoin casino, i'm pretty interested about the games that they offer. Is the withdrawal fast? Is it worth to trust? How do they attract people to join and play?
submitted by Kwistyan to BitcoinGambling [link] [comments]

A call for FAQ help

With the drones of new Americans entering the scene, creditpikachu has kindly pointed out that our FAQ sucks and it needs to be more digestible for us casual Americans. Instead of spoon feeding each new user as we've been doing, I figured now would be a good time to revamp the FAQ and once done, make it more prominent somewhere (thinking a wiki page linked in sidebar+possible sticky).
Please take a look and please submit any FAQ questions you feel are missing (probably some regarding these recent events). If you don't know the answer, that's okay. Hopefully we can work together to provide quality answers to all questions. Also please submit any new answers to the current questions if you feel you can provide a better answer. This is the internet, there are no hard feelings.
Here's what we currently have:
1. What is a unit?
It's whatever your standard of betting is. A unit could be different for everyone. For example, if you normally put $10 on a bet then 1u is $10 and 2u is $20 and so forth. Some people say a unit is 2% of your bankroll but a unit is entirely up to your own judgement. It's essentially used as a way to express your confidence in a bet. - JG00G To add to this it's mainly done because communicating in your personal currency does not make sense when you're discussing things on a global website. If someone says they're betting 1000$ on something, we don't know if it's their minimum bet or their maximum bet. It relays no confidence in the bet to us. If this is his min bet then he probably considers that about 1 unit. A 5000$ bet would then be about 5 units for him and is generally considered a "max" bet. So take the amount you usually min bet and treat that as 1 unit. - stander414
1a. How do I use units and bankroll management?
Click Here
2. Is betting illegal in the US?
Betting on sports ONLINE is completely legal, and do not let anyone tell you any differently. It is ILLEGAL to take bets ie. run a book. But to place a bet online, you will never, ever have problems with it. The only thing that can possibly get you in hot water is not paying taxes if you actually turn a profit. If you don't want to give your ID out, use bitcoin. Basically to sum up everything. If you have full intentions on paying taxes if you win, you have absolutely nothing to worry about.
3. What is bitcoin and how does it work with sports betting?
To start, you should really only consider using bitcoin if you are in the US or you would like to conceal your identity from a sportsbook. There are two types of sportsbooks when it comes to bitcoin, bitcoin sportsbooks and sportsbooks that accept bitcoin. Bitcoin sportsbooks are sportsbooks that only use bitcoin. The bets are made with bitcoin and at no time is the bitcoin converted to fiat currency (ex. Nitrogensports/cloudbet/directbet). Bitcoin sportsbooks do not require any personal information. Sportsbooks that accept bitcoin are regular fiat books that use bitcoin as deposit option. You send bitcoin and the website will convert and hold it into USD or fiat. When you withdraw, the book will send you your withdrawal in bitcoin. It will be equal value to the amount in fiat you are withdrawing. These sportsbooks will most likely require all personal information as they have to comply with local laws/licensing.
4. I've heard I shouldn't send bitcoin directly to a sportsbook from Coinbase, is this true?
There is a small chance that Coinbase will shut down your account for doing this. This is because they are regulated by the laws of the country they are registered in. Coinbase is a US based company so that means that they aren't allowed to be a payment processor for offshore gambling transactions. So if they find out you are using them to that end, they will shut your account down (although they will return your money to you). -Touch_Of_Red
5. My bitcoin transaction is taking a long time to confirm...is this normal?
It's not normal but it's normal. The way these things are processed, the sender pays a fee for the transaction to get included in the next block. The blocks are only so big and the time to solve them has a lot of variance involved, so occasionally the blockchain will get 'backed up' and there will be a lot of transactions waiting to get confirmed while new ones are added. I've had transactions with "normal" fees take 12 hours to get confirmed just because there was such a backlog. -Touch_Of_Red
6. How do bookmakers set lines?
Click here
7. Best places to get betting percentages and how they work?
Click here
8. Parlay vs rolling bets?
Click here
9. What does EV mean?
EV stands for Expected Value - essentially, how much you stand to profit by making this type of play over the long run.
If you bet $100 on a line at +100 odds, those odds correspond to 50% win probability - you need to win 50% of the time just to break even. If your team actually has a 60% chance of winning the game, then you have a +EV scenario. This doesn't mean you'll always profit. About 40% of the time you'll lose your $100 and 60% of the time you'll win $100. But if you placed that exact same bet on the exact same game in 100,000 parallel universes, you should come out ahead (about 40,000 losses & 60,000 wins).
With the above example, what is your EV? 60% X $100 - 40% X 100 = $60-$40 = $20 Again, that doesn't mean you'll win $20, but across those 100k games in 100k parallel universes, you should yield a profit of about 100,000 X $20 = $2,000,000.
Conversely, if you bet $100 on a +100 line, but you suck at handicapping games and your team actually has only a 45% chance of winning, you've made a -EV play. For that single game, your EV would be 45% X $100 - 55% X $100 = $45-$55 = -$10. - djbayko
submitted by stander414 to sportsbook [link] [comments]

Cloudbet Serves Up Live Tennis With Sportradar Streaming Deal

Cloudbet Serves Up Live Tennis With Sportradar Streaming Deal
Crypto’s not dead, streaming is live at Cloudbet for the final stages of the 2019 Australian Open and beyond. The leading bitcoin sportsbook is launching live-streaming of tennis and other major sporting events on its platform, following a deal announced today with global sports data service Sportradar ...
https://btcindex.io/news/cloudbet-serves-up-live-tennis-with-sportradar-streaming-deal
https://preview.redd.it/xf3z3xn0f4c21.png?width=300&format=png&auto=webp&s=3a2c0fcb3858497bbe277b4a29171afda071d7e7
submitted by Dronmm to u/Dronmm [link] [comments]

Cloudbet, you have been revealed.

I recently submitted a couple of posts regarding an issue that Cloudbet.com had given me. The issue is Cloudbet not paying out after a hand is won.
The error was clearly in the code of the game, and after quite a bit of time and patience, I managed to figure out how to recreate the conditions where this error would appear.
Prior to this, Cloudbet had been very publicly rude towards me, and tried to set forth the idea that I was not being truthful about the situation. After I had submitted this error, I was very clear to Cloudbet that I was going to give a few day to let them figure out exactly how to resolve this issue (I figured this was the appropriate way of dealing with this situation). I wanted the bet that I lost back (20BTC), compensation for the time spent and the way in which I was spoken too(like 3-4BTC)...something which I really did not think was too much to ask.
My reward was 1BTC for finding an error which was very serious and problematic. I am now posting this in the hope that the community can push for a greater resolve. A new case has been opened with AskGamblers.com to help resolve this also.
EDIT 6:22pm CT 14th May: You guys have been unbelievable, so helpful! I am still waiting for a response from AskGamblers. Cloudbet said they would agree to any resolution that AskGamblers comes to. I was also accused of Blackmail and Threatening them (I said I was going to go public if I wasn't going to get the money. I proved the error, and they admitted to it, without any real benefit to me). I possibly could of handled that differently, but after so long, it seemed I had to do it.
EDIT 10:56pm CT 14th May: Publicly addressed by Cloudbet. Tried to make me look like the bad guy by using words such as threatening, blackmail and making it seem like I was trying to do be dishonest in this situation. Acknowledged the issue I originally stated publicly, essentially proving my point. Still not willing to admit they made a mistake. They also revealed some loose information about my personal betting history, which breaches their privacy policy. Also, regarding the comment that I never placed the 20BTC in their report, does this also mean I never placed the 3mBTC bet on the video?
submitted by TheCrownedPixel to Bitcoin [link] [comments]

Top 5 Cryptocurrency Gambling Sites 2018

Nowadays casinos have a new solution for this issue – Cryptocurrency. Since Cryptocurrency is somewhat anonymous many Cryptocurrency casinos have started popping up since authorities can’t regulate or enforce these casinos. This is a very dangerous situation where people are depositing their Cryptocurrency into sites that may not even be provably fair (we will get to this in a minute). So this post has two objectives: 1. Get you to understand what you need to check in a casino BEFORE putting your money in it 2. Review the top 5 Cryptocurrency casinos in my opinion 2 crucial questions to ask every Cryptocurrency casino Is the casino provably fair? Whenever you play at a casino (physical or virtual one) there’s always the suspicion that the house may be cheating. Of course with the more respected casinos this is rarely the case, but if you go to a somewhat unknown Cryptocurrency casino site online, how can you know that you are getting the winning odds you’re supposed to get? A trustworthy Cryptocurrency casino will know that their “house edge” is enough to make a profit and therefor will want to prove to their players that they are not manipulating any results. They do this through a mathematical algorithm involving cryptography. Bottom line, a provably fair casino will show you how to check that the results of the game you play are completely random. If a casino can’t supply this proof or isn’t provably fair I suggest betting with caution. What are the casino’s payment terms? Each Casino has their own payment terms. These include:  Minimum payouts  Accepted payment methods and currencies  Fees for withdraws and deposits Each casino displays this information differently; some will have it on their FAQ pages while others will have a dedicated payments page with this info. You need to make sure that the casino accepts your preferred payment method and to be aware of the minimum balance to withdraw your funds. The 5 best Cryptocurrency casinos currently available Now that we’ve covered the basics of the different Cryptocurrency casinos out there, let’s review the top 5 Cryptocurrency casinos according to user reviews and my own personal analysis. 1 – Bitstarz (https://www.bitstarz9.com/)
The most popular Bitcoin casino out there is undoubtedly Bitstarz. The casino is provably fair and regulated by the Curacao government. It offers around 1,000 high quality games, however it does not offer a sportsbook feature (where you can bet on popular sporting events). Bitstarz also accepts multiple currencies and isn’t limited only to cryptos. 2 – CloudBet (https://www.cloudbet.com)
Established in 2015 Cloudbet is licensed by E-Gambling Montenegro. The site offers an online casino with Cryptocurrency slots, roulette, blackjack and baccarat. There’s also a live casino that offers an authentic, real-life experience with a great feature enabling you to be seated immediately (no waiting required). The site also offers live sports betting including all major leagues like the EPL, the Champions League, NFL, NBA and NHL as well UFC, Cricket and Tennis. 3 – Fortune Jack (https://fortunejack.com)
Established in 2014 Fortune Jack is probably the most trusted Bitcoin casino out there. It is provably fair and regulated by the Curacao government. There are over 500 games available on Fortune Jack. Deposits are available through several cryptocurrencies such as Bitcoin, Litecoin, Dogecoin, Dash and many more. 4 – LuckyOne (http://luckyone.io/)
LuckyOne is an Ethereum-based dice gambling Dapp that enables individuals to place bets on the result of a 100-sided dice roll without user deposits or sign-ups, using Ether – the 2nd most popular cryptocurrency in the world. Players can choose their own odds with our unique UI and payouts are instant. Game code is built entirely on top of the Ethereum blockchain, which allows for a level of transparency and accountability that traditional online casinos simply cannot provide. 5 – BitCasino (https://bitcasino.io/)
BitCasino is one of the oldest Bitcoin casinos around. It started out in 2013 and has been supplying over 600 types of casino games ever since. The casino is regulated by the government of Curacao, however it is not provably fair. What makes BitCasino better than Crypto Games is its wide variety of games (including live casino games), and the fact that it supplies new players with bonuses for each deposit into your casino account. This is basically a way to get people to deposit money sooner. BitCasino supports only Cryptocurrency at the moment and no other currency is allowed for deposits or withdrawals.
submitted by luckyoneio to ethereum [link] [comments]

Cloudbet Expanded Live Casino up to +50 New Games from Evolution Gaming

Cloudbet is known as one of the key players in Bitcoin gambling industry. Being famous for the most advanced Bitcoin sportsbook, at the moment Cloudbet is improving its casino product.
http://bitcoincasino.info/bitcoin-casino-news/cloudbet-expanded-live-casino-up-to-50-new-games-from-evolution-gaming/
submitted by heKkuza to BitcoinGambling [link] [comments]

Top 5 Cryptocurrency Gambling Sites 2018

Nowadays casinos have a new solution for this issue – Cryptocurrency. Since Cryptocurrency is somewhat anonymous many Cryptocurrency casinos have started popping up since authorities can’t regulate or enforce these casinos. This is a very dangerous situation where people are depositing their Cryptocurrency into sites that may not even be provably fair (we will get to this in a minute).
So this post has two objectives: 1. Get you to understand what you need to check in a casino BEFORE putting your money in it 2. Review the top 5 Cryptocurrency casinos in my opinion
2 crucial questions to ask every Cryptocurrency casino
Is the casino provably fair? Whenever you play at a casino (physical or virtual one) there’s always the suspicion that the house may be cheating. Of course with the more respected casinos this is rarely the case, but if you go to a somewhat unknown Cryptocurrency casino site online, how can you know that you are getting the winning odds you’re supposed to get?
A trustworthy Cryptocurrency casino will know that their “house edge” is enough to make a profit and therefor will want to prove to their players that they are not manipulating any results. They do this through a mathematical algorithm involving cryptography.
Bottom line, a provably fair casino will show you how to check that the results of the game you play are completely random. If a casino can’t supply this proof or isn’t provably fair I suggest betting with caution.
What are the casino’s payment terms? Each Casino has their own payment terms. These include:  Minimum payouts  Accepted payment methods and currencies  Fees for withdraws and deposits
Each casino displays this information differently; some will have it on their FAQ pages while others will have a dedicated payments page with this info. You need to make sure that the casino accepts your preferred payment method and to be aware of the minimum balance to withdraw your funds.
The 5 best Cryptocurrency casinos currently available
Now that we’ve covered the basics of the different Cryptocurrency casinos out there, let’s review the top 5 Cryptocurrency casinos according to user reviews and my own personal analysis.
#1 – Bitstarz (https://www.bitstarz9.com/) The most popular Bitcoin casino out there is undoubtedly Bitstarz. The casino is provably fair and regulated by the Curacao government. It offers around 1,000 high quality games, however it does not offer a sportsbook feature (where you can bet on popular sporting events). Bitstarz also accepts multiple currencies and isn’t limited only to cryptos.

2 – CloudBet (https://www.cloudbet.com)

Established in 2015 Cloudbet is licensed by E-Gambling Montenegro. The site offers an online casino with Cryptocurrency slots, roulette, blackjack and baccarat. There’s also a live casino that offers an authentic, real-life experience with a great feature enabling you to be seated immediately (no waiting required). The site also offers live sports betting including all major leagues like the EPL, the Champions League, NFL, NBA and NHL as well UFC, Cricket and Tennis.

3 – Fortune Jack (https://fortunejack.com)

Established in 2014 Fortune Jack is probably the most trusted Bitcoin casino out there. It is provably fair and regulated by the Curacao government. There are over 500 games available on Fortune Jack. Deposits are available through several cryptocurrencies such as Bitcoin, Litecoin, Dogecoin, Dash and many more.

4 – LuckyOne (http://luckyone.io/)

LuckyOne is an Ethereum-based dice gambling Dapp that enables individuals to place bets on the result of a 100-sided dice roll without user deposits or sign-ups, using Ether – the 2nd most popular cryptocurrency in the world. Players can choose their own odds with our unique UI and payouts are instant. Game code is built entirely on top of the Ethereum blockchain, which allows for a level of transparency and accountability that traditional online casinos simply cannot provide.

5 – BitCasino (https://bitcasino.io/)

BitCasino is one of the oldest Bitcoin casinos around. It started out in 2013 and has been supplying over 600 types of casino games ever since. The casino is regulated by the government of Curacao, however it is not provably fair. What makes BitCasino better than Crypto Games is its wide variety of games (including live casino games), and the fact that it supplies new players with bonuses for each deposit into your casino account. This is basically a way to get people to deposit money sooner. BitCasino supports only Cryptocurrency at the moment and no other currency is allowed for deposits or withdrawals.
submitted by luckymichael to BitcoinGambling [link] [comments]

Cloudbet is Going Big with Sportsbook Bets and Casino Cashbacks

Cloudbet is one of the biggest and the most trusted brands in bitcoin gambling industry, which is operating since 2013. There are many upcoming events at Cloudbet in June, so get ready!
http://bitcoincasino.info/bitcoin-casino-news/cloudbet-is-going-big-with-sportsbook-bets-and-casino-cashbacks/
submitted by heKkuza to BitcoinGambling [link] [comments]

Cloudbet launching their brand new Live Mobile Casino!

Experience the thrill of live casino betting in the palm of your hand! With Cloudbet, mobile casino gaming rises to a whole new level.
http://bitcoincasino.info/bitcoin-casino-news/cloudbet-launching-their-brand-new-live-mobile-casino/
submitted by heKkuza to BitcoinGambling [link] [comments]

Pokies and online gambling ban

With the Australian ban on online gambling the government made it harder for players to enjoy a bet on their favourite sporting events and pokies. Fortunately Bitcoin and other cryptocurrency gambling websites have come to the rescue. A few reliable examples still open to Australian citizens are:
FortuneJack, one of the biggest online cryptocurrency casinos with a ton of games.
Cloudbet, my personal favourite because of their huge first deposit bonus for new customers.
mBit Sportsbook and casino which offers great live betting and entertainment.
If you want to know more about gambling with Bitcoin or need some help acquiring cryptocurrencies, be sure to send me a DM or click here for a basic explanation!
Enjoy!
submitted by Freez24 to trueaustralia [link] [comments]

Join Cloudbet’s Euro 2016 Bracket Competition with 300 BTC prize!

Vary your Euro 2016 betting experience with Cloudbet’s multiple markets for the upcoming Championship!
http://bitcoincasino.info/bitcoin-casino-news/join-cloudbets-euro-2016-bracket-competition-with-300-btc-prize/
submitted by heKkuza to BitcoinGambling [link] [comments]

5 Bitcoin bonus

Bitcoin bookmaker and casino Cloudbet is now offering a welcome bonus for all new customers.
Simply register an account by entering an email address, create a username and password and make a first deposit. This deposit will be matched 100% up to a maximum of 5BTC and will be released in 0.01 increments for every 800 loyalty points.
Good luck!
submitted by Snoekie21 to freebitcoin [link] [comments]

A guide on bitcoin

A few people have asked me about how to buy bitcoin and how to use bitcoin. So I thought I'd write a quick guide on how to buy bitcoin and how to send bitcoin. At the end I give some bonus information on what bitcoin is and how it works. Bitcoin is best demonstrated rather than explained and most people just want to jump right in and get some to see for themselves, so I'll start this guide with how to buy some and how to send people money with it. Plus most people reading this might only be interested in sending their league dues.

BUYING BITCOIN

There are a number of ways to purchase bitcoin all of them relatively easy. I will recommend two of the most popular ways to buy bitcoin.
Coinbase Coinbase is probably the most popular exchange in the world. Coinbase is very easy to use and is probably the cheapest place to buy bitcoins. This is my recommended way to purchase bitcoins. You will need to connect your account to a US checking account via the ACH system.
Circle circle allows you to purchase bitcoin using a credit card or debit card. I haven't purchased through them, but I believe they require ID verification so it may take some time to setup. not too sure.
Libertyx Libertx is a very simple way to purchase bitcoins. You go to a Libertyx location and tell the cashier you are purchasing a libertyx pin. you give the cashier the amount you want in cash and they give you a receipt with a pin number. Enter that pin number in your account on libertyx and bitcoin is deposited to your account.
Localbitcoins Localbitcoins is probably the fastest way to purchase bitcoins. You can go to the website and find someone in your area that is selling bitcoins for cash. If you find someone you want to buy from, you open a trade with that person and plan to meet in a public place like starbucks. This method doesn't require you to link a bank account. This method will be a little more expensive than purchasing through an exchange like coinbase.
Find a bitcoin ATM Bitcoin ATM's are popping up around the country. Each of them work a little differently and any exchange fees are set by the owner. So how expensive they are depends on the one you are using. To use an ATM you deposit cash and bitcoins are deposited into your bitcoin wallet.

SENDING AND RECEIVING BITCOINS

Bitcoin Wallets A bitcoin wallet is used to store your bitcoin, send bitcoin, and receive bitcoin. You can think of it like as an email account. If you are using coinbase, Libertyx, or localbitcoins then you are already given a bitcoin wallet with your account. If you only plan to use bitcoin for the one purpose of sending your league dues, then this may be all you need and you won't need to bother having an additional app on your phone or computer (skip ahead to sending bitcoins). But, if you are interested in using bitcoins then you should look into what wallet applications are available. Bitcoin.org has a great guide on what wallets are available. Look over which ones are available for each platform. Here are my personal recommendations for each platform. * Android: Mycelium * iOS: greenaddress * Windows: greenaddress * Mac: Electrum
I haven't used android or mac, but have heard good things about mycelium and electrum. A note about some of these web wallets. Many of them will require users to protect their account with as much security as possible. This is because bitcoin is a lot like cash and you are responsible for keeping it safe. A strong password and other measures are important to keeping your bitcoins secure.
Send bitcoin Every wallet has a send feature. You should be able to find this feature by going to the "send bitcoin" tab someplace in your wallet. Sending bitcoin will always require two pieces of information: 1) Who are you sending it to? Every wallet has a bitcoin address that can be shared with other people to receive payments. If you are sending someone bitcoin you must ask for their bitcoin address to send to. For example my bitcoin address is: 3Epf4PDbu3yMQbJDNzbfQDwnFfzufovVvd . I can share this address with anyone in the world and they can send money to it. Since the address is very long and hard to type out, a QR code is usually associated with it so that smartphones can scan the code for easier input. Here is the associated QR code with that address. This payment address is where you can send bitcoins as payment for the league dues.
2) How much are you sending? The amount in bitcoins you send depends on the exchange rate you are using. If you are only using bitcoin to send your buy in price, then you just need to send the amount you just purchased. Many applications have built in conversion calculators. You can enter in the amount in dollars and it will convert it automatically to the amount in bitcoins you need to send. To see live conversion rates you can use a website to view various market rates. A couple popular ones are bitcoinaverage and tradeblock. Bitcoin average provides a volume weighted average price of bitcoin across multiple exchanges. Tradeblock gives live rates across multiple exchanges. You can see the prices of each online exchange changing in the top right corner of the page. For example: at the time of this writing bitcoin is trading at $282.14 per bitcoin on coinbase. If you were to send $20 using this exchange rate, you would send 0.071 bitcoins.
Receive bitcoin If you are only reading this to send your buy in fee then you don't need to read further. If you're interested in learning more about bitcoin then you can continue reading. Receiving bitcoin is easier than sending bitcoin. All you need to do is give someone your receiving address. Every wallet has a receiving address. You can see the example of mine above. you will be able to find this in your web wallet.

BONUS INFORMATION ON HOW BITCOIN WORKS, WHY IT'S SO POPULAR, AND HOW YOU CAN MAKE MONEY

What is bitcoin? Andreas Antonopoulos explains bitcoin the best in his book Mastering Bitcoin.
Bitcoin is a collection of concepts and technologies that form the basis of a digital money ecosystem. Units of currency called bitcoins are used to store and transmit value among participants in the bitcoin network. Bitcoin users communicate with each other using the bitcoin protocol primarily via the Internet, although other transport networks can also be used. The bitcoin protocol stack, available as open source software, can be run on a wide range of computing devices, including laptops and smart phones, making the technology easily accessible.
Unlike traditional currencies, bitcoins are entirely virtual. There are no physical coins, or even digital coins per se. The coins are implied in transactions that transfer value from sender to recipient. Users of bitcoin own keys that allow them to prove ownership of transactions in the bitcoin network, unlocking the value to spend it and transfer it to a new recipient. Those keys are often stored in a digital wallet on each user’s computer. Possession of the key that unlocks a transaction is the only prerequisite to spending bitcoins, putting the control entirely in the hands of each user.
Bitcoin is a distributed, peer-to-peer system. As such, there is no central server or point of control. Bitcoins are created through a process called “mining,” which involves looking for a solution to a difficult problem. Any participant in the bitcoin network (i.e., any device running the full bitcoin protocol stack) may operate as a miner, using their computer’s processing power to attempt to find solutions to this problem. Every 10 minutes on average, a new solution is found by someone who then is able to validate the transactions of the past 10 minutes and is rewarded with brand new bitcoins. Essentially, bitcoin mining decentralizes the currency-issuance and clearing functions of a central bank and replaces the need for any central bank with this global competition.
Why is it so popular? and Why does it have value? These can be hard questions to answer. Bitcoin has advantages over traditional currencies. First thing to understand is that bitcoin is not a currency it's merely a transfer of value written on a public ledger. Currency is just the first application of bitcoin. Bitcoin is like the internet of money, a network for propagating value and securing the ownership of digital assets via distributed computation. There is a lot more to bitcoin than first meets the eye. Here are a few important qualities that make bitcoin popular and gives it value to people:
How you can make money with bitcoin It's very easy to make money with bitcoin just by sitting at your computer doing nothing. I will list a few methods here:
1) Sell bitcoins on localbitcoins If you have cheap access to bitcoins on coinbase then you can sell bitcoins for cash at a profit. Simply create an advertisement to locally sell bitcoins on localbitcoins and set your price 5% above coinbase. When someone contacts you through the website, you buy their bitcoins on coinbase and then sell it to them for 5% higher than you just bought it for. This sounds ridiculous, but people are willing to pay 5% more to skip setting up a coinbase account and purchasing on localbitcoins. If you are interested in doing this you can read my advertisement.
2) Sell bitcoins for amazon gift cards People are willing to pay a lot more money for the convenience of buying bitcoins with gift cards. You can sell your bitcoins online for amazon gift cards on paxful.com or localbitcoins.com. I have sold my bitcoins at up to 50% markup on paxful.com.
3) Save money using bitcoins to buy stuff on amazon and starbucks Yes! That's correct! you can actually use bitcoins to buy stuff on amazon and starbucks. The website https://purse.io/ lets you purchase stuff on amazon using bitcoin. You create a wishlist on amazon, paste your wishlist on purse.io and send bitcoins to the wallet they give you. You can save up to 15-20% pretty easily using this method. If you want to buy starbucks at a 5% discount you can use https://coffee.foldapp.com/.
4) Play the market You can also buy your bitcoins and hold on to them and try to sell them later at a higher price. The price of bitcoin can go up and down like a stock. You can also try to buy them on one exchange and sell them at another exchange at a higher price. This way of making money can be risky and not as profitable as the ones above.
5) Invest in startup companies Bitlendingclub lists startup companies and bitcoin traders that are asking for loans in bitcoin. You can find a user on that site and invest in their company. It's up to you to find someone trustworthy and who you which users have the best chance at being successful.
6) Gambling! There are several online casinos and betting agencies that accept bitcoin. cloudbet.com has an online casino and sports betting. Nitrogensports is the go to for online sports betting.
This is all I have for now. This should be more than enough to get started with. If you are interested in learning more or have questions you can contact me.
submitted by scipio314 to PickSixComeback [link] [comments]

Can anyone vouch for Cloudbet's authenticity?

Been looking for a new betting site since Bets of Bitcoin ran away, came across Cloudbet.com. Has anyone had any experience with this site?
submitted by IAmUber to Bitcoin [link] [comments]

A warning from an idiot to people who haven't yet used CloudBet.com but may some day

I recently put bets in on a soccer match. I used BetMoose and CloudBet. I put money on the same team on both sites because I hadn't used either, and because they had different amounts riding against the team on each site.
BetMoose had a very clear indicator (if not overly clear) on what it was I was putting my money on and how the outcome will be interpretted.
Cloudbet, however, has a more sophisticated betting platform with a vague method of explaining what everything means.
Here is an example of a betting platform for another soccer game. I'm an idiot. I'm new to betting and I'm new to soccer, so it wasn't a huge red flag that "draw" was an option to bet on like it should have been. As I bet I thought "Hm, whoever set up this bet accidentally gave the option to draw and people are actually betting on it"
What I didn't realize was that this was simply a bet for just a portion of the game, like the first 45 or 90 minutes. It's not very clear how long of a period of time this covers, but it was enough to make me lose .2 bitcoin by thinking I was betting on the winning team but in reality was only betting on the team that would be winning in the first 45 or 90 minutes (still not sure).
Again, I accept that I'm the idiot here. When I went to talk to customer service, I noticed on their twitter page that many other idiots like myself have made this mistake. It just makes me wonder how much money was lost simply because people thought they were backing a winning when in actuality they were only backing a temporary lead.
No refunds were offered as this was obviously a mistake on my part, but I truly think there should be more of an effort in explaining these bets without having to just tell everyone to read every single Term and Condition of the site before making any bets.
Careful Betting!
submitted by zjbirdwork to Bitcoin [link] [comments]

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