Thanks for the detailed answer, I appreciate it. After I posted, I thought about it a little more, and my exact concern was if bitcoin addresses generated from a specific wallet could be proven to be correlated even without any history of transactions between those addresses. I was curious if it would be easy for a site like Circle or Coinbase to find evidence of gambling transactions if a poker/gambling site only used one wallet, but used unique addresses for receiving btc and sending btc to players who requested a payout.

I wasn't as direct with my question as I probably should have been, but it seems like the following quote answered my concern:


I've been using bitcoin to play poker and bet sports somewhat sparingly for around 1-2 years now, and I haven't had any issues so far. I'm planning to increase my poker volume substantially in the near future, especially now that Bovada offers btc deposits and cashouts.

I'd say that I have a working understanding of bitcoin, but I don't really know how it actually works, lol. I think I'm going to actually take the time this weekend to read Satoshi's paper, and browse around bitcoin.org in the hopes that I'll finally achieve a real understanding of how this whole thing works. Thanks for taking the time to make informative posts, EndTheFed, they've been quite helpful.

I've used LocalBitcoin to cashout a few times, and I really liked it. You can easily find trustworthy traders who have 1000s of documented trades, verified documents and emails, which really helped assure me that I would have a safe, successful transaction.

LBC offers many payment methods for selling bitcoins. I personally sell bitcoin for deposits into my bank account. I use Bank of America, and I've found sellers who go into the branch and make cash deposits, as well as sellers who make instant online transfers into your account.

I would suggest visiting the site and browsing the available payment methods to see if there's anything that catches your eye.

I've also used Circle and Coinbase to sell bitcoins, but it usually takes 1-3 days to get my money. On LBC, I get my money almost instantly, which is really sweet.

Thanks EndtheFed I appreciate it

Thanks. I did a quick google so I figured as much, but I didn't delve into it too deep. I just was worried about blocking there having some unintended effect with my service that I wasn't aware of as a noob so figured Id ask you and double check since I was here.

Okay for anyone curious about how the VFF are going I will be posting updates for the next 10 months or so. I took advantage of the Cinco de Mayo Deposit Promotions and played Blackjack all day yesterday and ran my account up to just under $65,000! I snapped a picture when I hit 25K and when I hit 50K. So I requested a VFF withdrawal for $62,400 +$1250 in fees (25 $50 fees 1 free) for a total of $63,650 26 more Max $2400 Cash outs added to the 14 I already have queued. So I will have VFFs pending all through this year and into next year. I will keep everyone posted as to any delays.

Seizures

Wow, congrats, man! Nice win!

Hi, I clicked receive and I got a new address. But here's a big problem I have. I can copy this address from blockchain but Bovada won't let me paste the address. I have to manually enter the address and this worries me because my eyesight isn't great and there's many numbers and letters to type perfectly. What happens if I type something incorrectly?

wowza !

Niiiiiiiiiiiiiiiiiiiice 50K!

How do you choose which address you want to use if you are sending?

Still nothing...

Why cant you copy and paste ? I did

I just called them on the phone and told them I will be emailing them my bitcoin address as well and need confirmation within that 24 -48 hr . window when they review the request and we both agree that the addresses match

He didnt say much but I dont think its too much to ask , we'll see how it goes

When you click send theres a drop down menu where it says From:

Hmm, I'm not sure why it wouldn't let you paste. Did you check to make sure you had it copied... like pasting to notepad or something?

You're right, bitcoin addresses weren't really meant to be typed out by hand.

On the plus side though, bitcoin addresses follow a certain format. If you accidentally made a typo the overwhelming odds (like 1 in 4 billion) are that you would not create a valid address. A bitcoin wallet client won't let someone try to send to an invalid address.

So if you made a typo you'd probably just get an email from Bovada asking you to give them your address again.

The only danger comes from copy/pasting the wrong address. Double checking the first and last few characters is enough.

Lol. Why would you choose to pick the option that has had the most issues, and line them up for the next year?

People on here seem to be pretty helpless when it comes to bitcoin. Do a little reading ffs. It's like you guys fire off the simplest questions that could easily be figured out on your own in a few minutes. How can you have been around 2+2 for the last couple years and not learned how bitcoin works?

Yes, I pasted to a notepad so I could conveniently expand the text. Bovada won't let you paste the addresses. I've now tried twice with my second withdrawal

have to do it with the bovada webpage not with the client itself..

+1. Congrats on the score but doing this many VFFs seems insane on multiple levels. I worry about what my bank thinks about these foreign wires can't imagine 30 or whatever visa refunds..

If you wired this I'm sure you could get it all off within in close to 3 months. If you don't have the option my guess is Bovada will make it available to you if you ask...

Fantastic. Thank you. I didn't even realize I could do a withdrawal from the webpage.

Try Control-v to paste instead of right-clicking, if you haven't already. glgl

How can you be a human being and not know how a douche works?

Thank you.

Like Endthefed stated, IF somehow the address was incorrect, chances are it would generate an error, not get your BTC sent off hurling into cyberspace and secondly, since you should be copy n pasting, getting the address wrong is highly unlikely.

IF there ever is any dispute, then both parties could check the payout address to see if any transactions transpired to it. Each one is supposed to be a new address, so that would be the only transaction that would be there if there was one. It's either there or it's not, if it's there, Bovada did it right, if it's not, Bovada made some mistake and would be responsible.

All that considered, imo, that is too much to ask.

Max vff:

Requested 4/11
Approved 4/13
Processing email 4/29
Received 5/7

Not too bad overall, but definitely should update the processing time so we don't get worried over the timeline.

BTC Payout

Requested 5/4 8:00 PM
Approved 5/6 6:00 PM
In blockchain wallet almost instantly

I'm part of that batch from March VFF's. I sent a few emails and have called a few times. One guy told me if it wasn't in my account by a certain date call back to get some kind of credit. Doesn't get me my money any faster but I called today and got a $50 credit.