Bovada On-Line Casino
US tax authorities will be chasing bitcoin transactions now. There's nowhere to hide anymore.
Quote: ChumpChangeBovada Review: Number One Online Casino In The US – 2019 UPDATE link removed
US tax authorities will be chasing bitcoin transactions now. There's nowhere to hide anymore.
it is impossible to chase bitcoin transactions, unless you use one of the main exchanges and have an account that forces you to link personal information (like coinbase), if you have an anonymous wallet, there is no way to trace it....
Not quite: As a customer of XYZ casino, I set up an account: They request my name and address and various proofs of ID. When I withdraw my winnings by bitcoin I generate and tell them the address to send it to. They now have a bitcoin address associated with me. At any time, they, or 'the authorities' can examine that and any other bitcoin wallet addresses and see money coming and going. Every transaction is logged, forever. If the casino have told the authorities of the link between that bitcoin address and me as a person, then I'm open to forensic investigation of at least some of my transactions. The whole BITCOIN ledger is wide open to very deep analysis. ...Once some organisation provides the connection to a real person ID. This applies even if you buy and use a hardware wallet such as a Trezor.Quote: Gandlerit is impossible to chase bitcoin transactions, unless you use one of the main exchanges and have an account that forces you to link personal information (like coinbase), if you have an anonymous wallet, there is no way to trace it....
It's totally anonymous in it's own right until you say to the casino 'I'm Joe Bloggs, you can see from my account that I won $$$$. Please send my winnings to bitcoin address ...'
It's much less anonymous if you entrust an exchange like Coinbase with your bitcoins. They log everything anyway and have it all tied intractably to you as a person. It only takes for them to spill the beans to the tax authorities.
Quote: OnceDearNot quite: As a customer of XYZ casino, I set up an account: They request my name and address and various proofs of ID. When I withdraw my winnings by bitcoin I generate and tell them the address to send it to. They now have a bitcoin address associated with me. At any time, they, or 'the authorities' can examine that and any other bitcoin wallet addresses and see money coming and going. Every transaction is logged, forever. If the casino have told the authorities of the link between that bitcoin address and me as a person, then I'm open to forensic investigation of at least some of my transactions. The whole BITCOIN ledger is wide open to very deep analysis. ...Once some organisation provides the connection to a real person ID. This applies even if you buy and use a hardware wallet such as a Trezor.
It's totally anonymous in it's own right until you say to the casino 'I'm Joe Bloggs, you can see from my account that I won $$$$. Please send my winnings to bitcoin address ...'
It's much less anonymous if you entrust an exchange like Coinbase with your bitcoins. They log everything anyway and have it all tied intractably to you as a person. It only takes for them to spill the beans to the tax authorities.
Your safest bet is declaring all wins and losses on your taxes.
If casinos don't allow ACH transfers it should be a red flag because that means they are not state sanctioned.
... and for the tax authorities to be interested.Quote: OnceDearIt only takes for them to spill the beans to the tax authorities.
If required to by your country's tax authorities.Quote: GandlerYour safest bet is declaring all wins and losses on your taxes.
is, the live feed on bac hasn't worked
in weeks. I can see the live wheel on
roulette, but not on bac. At other
casinos that use the same feed,
it's not visible there either.
on your site you say the following:Quote: MichaelBluejayRon44, here's my honest take of Bovada. They're not perfect, but there's no better casino serving most of the U.S.
"Outright cheating (rigged games) is pretty rare,"
What evidence do you have to support that?
Quote: MichaelBluejayRon44, here's my honest take of Bovada. They're not perfect, but there's no better casino serving most of the U.S.
You say you can play their games
for free with fake money. Not their
live games you can't. You can play
the exact same feed on other casinos
for free, but not Bovada.
Quote: Ron44lso, I would greatly appreciate feedback from members regarding good or bad experiences with payouts, etc.
Our LCB review has over 600 player votes and almost 200 comments/reviews : https://lcb.org/casinos/bovada-casino#comments
It is also Wizard approved online casino : https://wizardofodds.com/online-gambling/reviews/bovada/
In other trends, people come to Vegas to play poker tournaments online.
???Quote: ChumpChangeI thought I saw a blackjack player who was banned from so many actual casinos, playing online from another country. Either he swears too much or wins too much, probably both. Playing online allows him to be away from pit bosses.
In other trends, people come to Vegas to play poker tournaments online.
Quote: AxelWolf???
If you have to be within the confines of Nevada to play with a legit IP, then why not Vegas? More hotel rooms than anybody.
Unless I'm misunderstanding the online poker laws.
https://www.bovada.lv/help/general/withdrawal-fees
There, it says that check withdrawals are free every 90 days. If you want a check more frequently than that, then there's a $100 fee each time. Otherwise, Bitcoin withdrawals are free.
The reason for this is that North American banks don't want to touch online gambling money because of the legal gray area, so it's hard for online casinos to get and keep bank accounts. Once a bank figures out that an account is related to online gambling, they shut it down. It's difficult and expensive for North American casinos (outside of the tiny handful of regulated states) to keep trying to open new bank accounts. I sell advertising on my site to Bovada, and years ago they stopped sending checks and wires and will pay me only by Bitcoin. I'm not thrilled about that, but I understand the position they're in, so I can't blame them.
Quote: MichaelBluejayAll you have to do is Google "Bovada withdrawal" and you get this:
https://www.bovada.lv/help/general/withdrawal-fees
There, it says that check withdrawals are free every 90 days. If you want a check more frequently than that, then there's a $100 fee each time. Otherwise, Bitcoin withdrawals are free.
The reason for this is that North American banks don't want to touch online gambling money because of the legal gray area, so it's hard for online casinos to get and keep bank accounts. Once a bank figures out that an account is related to online gambling, they shut it down. It's difficult and expensive for North American casinos (outside of the tiny handful of regulated states) to keep trying to open new bank accounts. I sell advertising on my site to Bovada, and years ago they stopped sending checks and wires and will pay me only by Bitcoin. I'm not thrilled about that, but I understand the position they're in, so I can't blame them.
Thanks for the info. I'll pass it on to my friend. I can't access the Bovada site myself... I get a message "We currently don't offer services in your area" which prevents me from seeing anything including the Help page.
dealer feed from has laid off it's
dealers because of the virus.
The live dealers are now computer
algo's that are NOT dealing down
from virtual decks. This is not legit
bac, why are they doing this. The
B/P stats so far stay neck and neck,
they are never more than 2 hands
apart. Right now it's 50 B and 50 P,
you never see stats that close in
a live game.
Quote: EvenBobThe company Bovada gets it's live
dealer feed from has laid off it's
dealers because of the virus.
The live dealers are now computer
algo's that are NOT dealing down
from virtual decks. This is not legit
bac, why are they doing this. The
B/P stats so far stay neck and neck,
they are never more than 2 hands
apart. Right now it's 50 B and 50 P,
you never see stats that close in
a live game after 100 hands.
You do realize your posts are complete unreadable, right?
Quote: sabreYou do realize your posts are complete unreadable, right?
English is the only language I know,
sorry.
Quote: EvenBobEnglish is the only language I know,
sorry.
I have no problem reading them. Paraphrasing Senator Sam, I have no problem with English. It's my mother tongue.
Quote: racquetI have no problem reading them. Paraphrasing Senator Sam, I have no problem with English. It's my mother tongue.
I understand what you are saying. Unfortunately random can’t be defined and that including long strings of player and bankers Are equally possible and also they measure the house edge over all the players over all one in pretty sure so your individual session compared to someone who has a great session evens out or something lol
Quote: heatmapI understand what you are saying. Unfortunately random can’t be defined and that including long strings of player and bankers Are equally possible and also they measure the house edge over all the players over all one in pretty sure so your individual session compared to someone who has a great session evens out or something lol
Now THAT'S unreadable. Maybe English is not YOUR mother tongue.
The concepts of what constitutes a run-on sentence, punctuation, and capitalization. Were you absent those days?
Quote: racquetNow THAT'S unreadable. Maybe English is not YOUR mother tongue.
LOL, I was going to say exactly
that. I read it and went, huh?
Quote: EvenBobThe company Bovada gets it's live
dealer feed from has laid off it's
dealers because of the virus.
The live dealers are now computer
algo's that are NOT dealing down
from virtual decks. This is not legit
bac, why are they doing this. The
B/P stats so far stay neck and neck,
they are never more than 2 hands
apart. Right now it's 50 B and 50 P,
you never see stats that close in
a live game.
If that’s true, you should be way way up raking in cash.
Quote: unJonIf that’s true, you should be way way up raking in cash.
The thing is all over the place
unreliable. People are staying
away in droves. Some hands
get no bets at all, and you
never see that.
Quote: EvenBobThe thing is all over the place
unreliable. People are staying
away in droves. Some hands
get no bets at all, and you
never see that.
that sounds pretty random to me... but i will always believe someone when they say they think something funny is going on
The site says they had to discontinue phone support because of Covid.
What do you mean you needed to set up a blockchain account? Surely you just tell Coinbase you want to receive some bitcoin: Coinbase gives you a receiving address to give to Bovada: Bovada sent your BTC to that address. Hey presto, the funds are in the BTC account section of your coinbase account. Keep them there or convert to fiat, or spend them as you see fit.Quote: BeardgoatI deposited using coinbase, but I needed to set up a blockchain account to withdraw funds. The bitcoin from Bovada goes to blockchain, then I can send to coinbase from blockchain.)
Not that the BTC ever need to go to coinbase, unless you want to sell or transact them through Coinbase's expensive platform.
When you say blockchain address and blockchain account, what do you mean? I.e. how did you set up such a thing? Did you sign up or enroll with some organisation, or did you use some software? Blockchain isnt an organisation that you set up accounts with.Quote: BeardgoatI thought I could just send from bovada to coinbase as well. I send from americas card room right to coinbase. But for some reason I could not on bovada. Chat support said I needed to have a blockchain address for the bitcoin withdrawal. I don't understand the middle man usage, but as soon as I submitted a withdrawal with a blockchain address, the request was completed and approved in a couple of hours.
There are different BTC address types, beginning with 1 or 3. and not all services are compatible with both types, though that is rare. Was it that?
Anyway, can anyone tell me the best Blackjack game to play at Bovada in terms of Player edge?
Thank you.
Steve
Thanks!
Quote: GreenskyHi: I wanted to start a new thread regarding Bovada and I can't figure out how to do it. So here I am responding to the most recent Bovada post I could find. Sorry for any inconvenience.
Anyway, can anyone tell me the best Blackjack game to play at Bovada in terms of Player edge?
Thank you.
Steve
link to original post
Steve,
Welcome to the forum.
Please take the time to read the rules here.
https://wizardofvegas.com/forum/info/rules/2-forum-rules/#post37215
If you don't know how to use features, please ask me by personal message, rather than floundering around and messing the place up with inappropriate posts.
Having found the appropriate subforum here, to create a new thread, Click the 'New Thread' button like you see on this page
https://wizardofvegas.com/forum/gambling/online/
I don't play bovada, but do they have an 'Atlantic City' RNG game, with surrender and dealer peek? If they do, that may have the lowest edge. Do the games there have help/info screens, which might tell you the RTP or house edge?
Quote: GreenskyIf live dealer is the best, can someone tell me the best non live dealer Blackjack game at Bovada?
Thanks!
link to original post
I also do not play Bovada.
It looks like their 6 deck H17 shuffled every round RNG game has a house edge of 0.54%, if I used the calculators right and you play with the correct basic strategy.
Best vs not so best is beyond me, but it doesn't seem worst.
Good luck!
