Ron44
Ron44
Joined: Aug 22, 2019
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August 24th, 2019 at 11:14:34 AM permalink
Does Bovada offer the same rules and the same odds for player and banker bets as Las Vegas Casinos. Also, I would greatly appreciate feedback from members regarding good or bad experiences with payouts, etc.
ChumpChange
ChumpChange
Joined: Jun 15, 2018
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August 24th, 2019 at 11:20:04 AM permalink
Bovada Review: Number One Online Casino In The US 2019 UPDATE https://bitpokerstar.com/crypto-casinos/bovada-review

US tax authorities will be chasing bitcoin transactions now. There's nowhere to hide anymore.
Last edited by: unnamed administrator on Aug 25, 2019
Gandler
Gandler
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August 24th, 2019 at 11:57:45 AM permalink
Quote: ChumpChange

Bovada 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....
Last edited by: unnamed administrator on Aug 25, 2019
OnceDear
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OnceDear
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bobbartop
August 24th, 2019 at 12:25:28 PM permalink
Quote: Gandler

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.
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.
Take care out there. Spare a thought for the newly poor who were happy in their world just a few days ago, but whose whole way of life just collapsed..
Gandler
Gandler
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August 24th, 2019 at 1:49:37 PM permalink
Quote: OnceDear

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.
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.
Ron44
Ron44
Joined: Aug 22, 2019
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August 24th, 2019 at 2:34:12 PM permalink
ChumpChange, This review is thorough and helpful. Have you ever used Bovada ? Thank you.
OnceDear
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OnceDear
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August 24th, 2019 at 2:35:11 PM permalink
Quote: OnceDear

It only takes for them to spill the beans to the tax authorities.

... and for the tax authorities to be interested.
Quote: Gandler

Your safest bet is declaring all wins and losses on your taxes.

If required to by your country's tax authorities.
Take care out there. Spare a thought for the newly poor who were happy in their world just a few days ago, but whose whole way of life just collapsed..
EvenBob
EvenBob
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Ron44
August 24th, 2019 at 3:48:55 PM permalink
The complaint I have about Bovada
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.
"It's not enough to succeed, your friends must fail." Gore Vidal
MichaelBluejay
MichaelBluejay
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Ron44
August 24th, 2019 at 8:55:05 PM permalink
Ron44, here's my honest take of Bovada. They're not perfect, but there's no better casino serving most of the U.S.
AxelWolf
AxelWolf
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August 24th, 2019 at 11:12:40 PM permalink
Quote: MichaelBluejay

Ron44, here's my honest take of Bovada. They're not perfect, but there's no better casino serving most of the U.S.

on your site you say the following:

"Outright cheating (rigged games) is pretty rare,"

What evidence do you have to support that?
Last edited by: unnamed administrator on Aug 25, 2019
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪

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