Well i would be betting at least $300 a game minimum. Most likely between $300-$800 a game. From what i see nitrogen sports the max you could bet on mlb is 1 btc which is around $500. Is that correct?
So if someone wants to bet more than that, they going to use multiple btc sportsbooks or do they just create another nitrogen sportsbook account? I mean if one site offers a bet at -108 then the max bet is equivalent to $500, and someone want to bet $500 more, if the other book is -116 juice... then wouldn't someone just create more nitrogen accounts or is that not allowed?
Another question i have is how fast can a person open a coinwallet account then fund it? I read the faq and then i read that coinbase is no longer good for gambling? I would mainly use bitcoin only for sportsbetting and nothing else.
I'd use blockchain.info, it's been great for me in terms of security, accessibility, and good for sportsbooks.
How much does it cost to move funds to and from blockchain to the btc sportsbooks? Example let say you want to bet $300 on a game. Let say the line is -111 so you have to risk $333 to win $300. Do you just go and deposit the exact amount of bitcoin into the btc sportsbook then after you win, you cashout immediately back to blockchain? Even if it cost $1, it seems like its probably better to just leave the btc in the sportsbook since you planning to continue betting there... am i right on this?
Another thing. If you deposit say $5000 worth of BTC into a btc sportsbook, you dont have to wager the exact amount of btc you deposited before you could withdraw the funds? Example you deposited 10 BTC into the sportsbook but only wagered 2 BTC. You could then withdraw your entire btc balance? How much are the fees for this?
Seems like keeping money in a btc sportsbook vs blockchain is pretty much the same thing right? I mean if you want to withdraw the btc and use it for something else, isn't withdraw time very fast? But what are the fees for keep moving btc around?