Ghost Betting is not affiliated with the following sportsbooks in any way. Using any of the sites below does not make you eligible for sign up bonuses or other promotions, nor will we receive a commission if you create an account. Affiliate sites also receive commission on players' losses.
Skip to content. Alex Denholm November 22, Share on facebook. Share on whatsapp. Share on twitter. Share on linkedin. And what are the benefits of betting with Bitcoin? This ultimate guide will explain all. What Is Bitcoin? Bitcoin is a digital currency that can be used to buy products and services. Bitcoin is described as a cryptocurrency. This is simply another term for a digital or virtual currency.
There is only a finite supply of Bitcoin available worldwide 21 billion Bitcoins. They are very secure and store the information you need to access and spend your Bitcoin. Online Wallets Online wallets are provided by third-party cloud services and can only be accessed from a working internet connection. Online wallets are the best way for betting with Bitcoin when at home or on-the-go.
They make it easy to transfer funds from your wallet to your betting account. Online wallets also have varying levels of security. Some may require an ID and password, while others require multi-factor authentication.
This only enhances the claim that betting with Bitcoin is very secure. They also require an internet connection. Desktop wallets are available on Windows, Mac and Linux users. Mobile wallets are available on Android and iOS. Cold Wallets For completeness, the final way to store Bitcoin is with cold wallets, which are wholly offline. These wallets require you to manually write down your Bitcoin address and digital keys. If you get an offline wallet, make sure to make multiple copies of this information.
However: Cold wallets are not great for betting with Bitcoin. Most exchanges let you store Bitcoin so they effectively function as an online bank account. The best one for you depends on your location and your desired payment method. Set up an account and convert your fiat currency ie normal currency like USD into Bitcoin. While Bitcoin is legitimate, banks are on high-alert for shady crypto-related transactions. If this happens, contact them to explain the situation.
You must also move your Bitcoin to another Bitcoin wallet. Finally, many online sportsbooks are offshore in jurisdictions that license gambling websites. The rules that apply to exchanges do not apply to wallets. There are 5 key advantages for betting with Bitcoin over fiat currency: Bitcoin transactions do not get rejected; Bitcoin is very secure; There are little to no fees associated with Bitcoin; Bitcoin transactions take priority; Sportsbooks offer great bonuses for using Bitcoin.
Bitcoin Transactions Do Not Get Rejected Bitcoin runs on a decentralized, open ledger so it is not controlled by a single entity. All transactions are very secure, which brings us to the second advantage for betting with Bitcoin… 2. Bitcoin Is Very Secure The wallet options and sites mentioned earlier are all incredibly safe and secure. Sportsbooks, like all other business, face hacking attempts all the time. Here are some examples :. All addresses and keys are generated randomly, making it extremely tough to hack.
Plus, when a Bitcoin transaction completes, it is irreversible. There Are Little To No Fees Associated With Bitcoin Bitcoin transactions avoid several fees that fiat currency transactions are charged, including banking fees and conversion fees. Instead, transactions are confirmed on an open ledger. Now, There are some fees associated with Bitcoin transactions. Sign Up Now. If you wish, you can choose to pay more than the minimal fee.
The larger the fee, the quicker your transaction completes. Also, the fees are not subject to your personal information. This is because sportsbooks avoid paying fees on your deposit. Bitcoin Transactions Take Priority Fiat currency deposits and withdrawals are slow. In the case of wire transfers, they can take weeks to complete. They take a couple at minutes at most as the transaction must be confirmed on the open ledger.
Sportsbooks may pay Bitcoin miners additional fees at no cost to you to speed up the process. Compared to the weeks it takes for a wire transfer to conclude, Bitcoin is lightning fast. Is Bitcoin Legal? However, it is currently illegal in China and Russia. Why Do Sportsbooks Accept Bitcoin? Sportsbooks pay fewer and lower fees on Bitcoin transactions. They can also provide players with a safe and secure payment platform.
Bitcoin is still in its early stages. Bitcoin miners support the blockchain. They solve the mathematical problems that process Bitcoin transactions. These fees encourage miners to accept Bitcoin transactions and include them on the open ledger.
The larger the fee, the quicker your transaction will complete. How Much Are Bitcoin Fees? You must review the fee before you confirm your transaction. As mentioned, you can increase this fee if you want to speed up the process.
However, the fee is not proportional to the amount of Bitcoin sent per transaction. In fact, you may be charged a higher fee for a smaller transaction. Do Sportsbooks Pay Transaction Fees? Yes, sportsbooks will covert your Bitcoin into your currency upon deposit. When you want to withdraw it, you are eligible to convert it back to Bitcoin. Can Bitcoin Be Hacked? No, your Bitcoin cannot be hacked. All Bitcoin transactions are irreversible one they have been confirmed on the blockchain.
What Is mBTC? What Is uBTC? What Is Bitcoin SV? The price of Bitcoin is fixed once the transaction has been confirmed on the blockchain. Sportsbooks then convert Bitcoin to regular currency at the time of deposit. You can use their order books to buy and sell bitcoin at the market rates. There are several bitcoin person to person marketplaces, such as LocalBitcoins. You can buy from sellers there using a myriad of payment options. Check out these Bitcoin ATM s. Places where you purchase bitcoin from Cash.
App and Coinbase will close your account if you send bitcoin to a gambling site they can tell where the bitcoin goes. It is against their terms of service. The sportsbook will give you a bitcoin deposit address. Simply copy it and open up your personal wallet. Paste in the sportsbook deposit address to your account. This is done at the prevailing market rate. You place bets using the fiat currency.
Enter your wallet address and complete the transaction. The amount transferred will be converted from fiat back into BTC again, using the prevailing market rate. Think of your bitcoin wallet like a traditional wallet or purse. The security of your funds and the extent of your privacy will depend on the type of wallet or purse you choose. Some are easier to break into than others. Wallets come with private keys.
These keys are what allow you, or anyone who possesses them, to access your bitcoins. Keep that in mind as we discuss the five main bitcoin wallet types you can use at BTC-friendly sportsbooks. These are websites or applications that manage your private keys for you. They control the keys, and therefore are responsible for protecting the bitcoins in your wallet. Cloud-based or online wallets among the most convenient. You can access your funds through any device e.
That makes this type of wallet less secure. The keys are encrypted, of course. A talented hacker can still get in. Next up are mobile wallets. These are apps that run on your phone. Some are available for Android. Others are available for iOS i. Your private keys are stored in the app. Because the app resides on your phone, your keys are kept offline.
Mobile bitcoin wallets are more secure than online wallets. Having said that mobile wallets are designed for convenience. They come with simpler — i. These wallets reside on your desktop or laptop computer. The private keys are also stored natively, offering a greater level of security than cloud-based options. There are two downsides to this type of wallet. Second, all computer are vulnerable to malware. If you neglect to take protective measures e.
Trezor makes 2 different models. The private keys reside on the device itself. Keep in mind that hardware wallets CAN be stolen, just like a traditional wallet. But the contents can be easily protected with a PIN. So in the event the wallet is stolen, you can prevent the thief from accessing your bitcoins, and get back up and running with minimal downtime. Before the advent of hardware wallets, paper wallets were the preferred form of cold storage i.
You can still use them today. They come with a bitcoin address, public and private keys, and a couple QR codes that can be easily scanned for transactions. There are two upsides to using this type of wallet. Second, you can enjoy cold storage of your bitcoins for a nominal price. Most folks who want to store their bitcoins offline buy a hardware wallet.
There are dozens of wallets to choose from. This is a cloud-based wallet. Earlier, I mentioned that web-based wallets were less secure than other options. Blockstream Green distinguishes itself by being a multi-signature wallet. It controls one of the keys while giving you, the account holder, control of the others. This feature allows you to log into your account to check your balance and receive funds while disallowing other transactions.
Also known as BreadWallet is a mobile app. That provides added security. You can send bitcoins and receive them. Electrum is both a desktop and mobile app. You can download and install it on your desktop computer or laptop. Or download it to your phone Android or iOS. This wallet has long been a favorite among folks for whom privacy is a top priority. The private keys are encrypted, you can create multiple wallets, and you can split permission with its multi-sig feature.
Despite being feature-rich and ultra-secure, Electrum is surprisingly easy to use. It may not be the first choice among folks who are new to sports betting with Bitcoin, but those who are familiar with BTC will find a lot to love. The Trezor is a hardware wallet. This is the type you carry with you or store in a safe deposit box. Unlike the previous options, you have to pay for it. The device is compatible with all major platforms. It comes with a small screen.
So, which Bitcoin wallets are best for keeping our cryptocurrencies safe? It normally requires a password and entering a code sent to a phone, for example. Being online makes them easier to use for you, but also potentially easier to access for hackers. Some wallets are offline or offer offline options. For online wallets look for one with at least bit. Some Bitcoin wallets are more complicated than others, both in their setup and in running them on a daily basis.
While ease is something we all value, you may lose out on security as ease increases. The easiest wallets will be those with apps. Apps are easy to navigate and generally have the few things you need to do with a wallet at your fingertips. Wallets that are also exchanges are pretty easy too. These tend to be a little less secure. Online wallets are also a little easier to use. As they are already connected, you just have to sign in and transfer.
Offline wallets require the extra steps of connecting to the web to complete transactions. As an exchange and wallet in one, it saves you the extra step of finding another place. While hardware wallets are probably more secure, this trusted name is still pretty good.
Its main function is as an exchange. You can also keep your cryptocurrencies directly there. As you can see in the screenshot. There are a few key uses for you within your Bitcoin wallet. Other functions would include checking your balance. You can generate a new key every time you receive a payment as a way to increase anonymity.
Send someone this address, or put it into an exchange, and you will be able to transfer Bitcoins into your wallet. To send money , you will need the address or the QR code of the recipient. We can help you find your Bitcoin wallet address. It is fine even preferred if you do not recognize the address, as this means they have generated a new address, increasing anonymity. You can choose whichever address you want, as long as it works for the digital currency you wish to receive. Bitcoin is the pioneer of the new wave of digital currencies known as cryptocurrency, the likes of which are asking questions about the current structure of the financial world.
Bitcoin is another digital coin in that industry and is often abbreviated to BTC. With so many casinos on the market, it can be difficult to find the perfect casino to suit your needs. Obviously, Bitcoin is one of the leading currencies and regularly features, there are also currencies like Litecoin, Bitcoin Gold, Dogecoin and many more. The Bitcoin community is a strong one and members go to great lengths to ensure security and consistency are maintained.
For some, Bitcoin can be complicated to understand and to wrap your head around the intricacies of how the system works can be complex. For many this is off-putting. No, not at all. Quickbit deposits also allow bettors to claim all the enhanced crypto bonuses offered by their favorite sportsbooks. That said, you will need a Litecoin wallet to receive same-day payouts, as Quickbit is currently not supported for sports betting withdrawals directly.
While you currently cannot initiate sports betting account-to-account transfers using PayPal deposits now use PayPal to purchase Bitcoin, Litecoin, Ethereum, and Bitcoin Cash directly. To buy Bitcoin with PayPal or to make any other PayPal crypto purchases , just log into your PayPal account, select the cryptocurrency category, and pick the type of token you want.
From there, once launch restrictions are lifted, you can send those funds to any crypto address, including the receiving wallets for the best online sports betting sites. Just use your PayPal app to buy Bitcoin or any other digital token , then transfer that to your favorite Bitcoin wallet or crypto exchange. Thus, if you deposit using a gambling voucher, you actually have access to a host of expanded payment options. For sellers, vouchers provide a way to claim same-day payouts using the same fast, convenient P2P services.
Voucher deposits come with the usual online sports betting bonuses and have no added fees. Typically, supported banking options include the following:. Note : Litecoin sports betting , Ethereum sports betting, and other crypto wagering involve the same steps as making deposits with Bitcoin, and they come with the same perks, including instant transactions, heightened sportsbook bonuses, and same-day withdrawals.
In the case of LTC specifically, you can use your credit or debit card to make instant Litecoin sportsbook deposits by going through a service called QB Direct by QuickBit. Litecoin — and all other popular cryptocurrencies — can now also be purchased with PayPal. In the future, for legal sports betting enthusiasts, this means that the process to acquire and deposit crypto at their betting sites of choice could be a walk in the park instead of a run around the bases.
Fewer hoops, just as the NBA intended! As a result, while we recommend crypto for its many perks, standard deposit methods are also supported, and they also come with bonuses and reasonable limits and fees. Bitcoin and crypto offer same-day payouts, but these are the only funding options that do.
Otherwise, betting withdrawal times will vary. While you can choose from any of the above sports betting withdrawal methods, the best betting sites for withdrawals are those that support Bitcoin and other alternative currencies. And soon, with PayPal crypto support, you may be able to claim same-day payouts directly to your PayPal account. Once this feature goes live, we'll definitely let you know!
Overseas bettors have more same-day payouts to choose from due to wider financial platform support, but for all US bettors who want to be able to actually get their money stateside the same day they claim their winnings, BTC etc. Bitcoin is the gold standard, and all reputable sites support it and various altcoins for your convenience. When you sign up at any site, you will have sportsbook deposit bonus options. In the past, sportsbook deposit bonus codes would be required, but in large part, sites today simply offer you a menu from which to select your bonus during the deposit process itself.
Sports betting bonuses come with terms and conditions to be aware of. These are called rollover requirements, and they simply indicate how much money you must wager in total before being eligible to withdraw any associated winnings. Most sportsbook bonuses come with rollovers of between 5X and 10X, making them perfect for the vast majority of bettors. Yes, of course. However, when you accept a sports betting bonus, you must first meet the terms and conditions associated with that bonus.
This is called rollover. Sportsbook bonuses at reputable sites will always have easy-to-meet rollover terms, so we recommend accepting them without hesitation. But please be aware: Free bets are different from sportsbook bonuses, and most sites do not offer free bets at their sportsbooks. Any site listed here can be considered the easiest from which to claim your winnings. The process is the same at each one, and regardless of the method you choose, your site will give you straightforward instructions to follow.
The best Bitcoin wallets depend on whether you want software, hardware, or cold storage wallets. The best Bitcoin software wallets are Coinbase or other major exchanges Bittrex, Binance, etc. All of the sites listed here pay out in roughly the same manner and timeframe.
These operators compete with each other by giving bettors different odds on the same games and matchups, so you will need to shop lines to find the most value for any given bet. In sports betting, when you win a wager, the money is credited to your account. This happens instantly, giving you more funds with which to wager on the next game s.
Of course, when you want to actually get that cash off your site and into your hands, you have to initiate a withdrawal. However, these are all dependent on various factors and may not work for your individual needs. That said, there are three things that all bettors should be aware of if their goal is to make money in the long run. First and foremost, you should shop lines between sites to find the best payouts for any given bet. Secondly, your sports betting money management is crucial.
To build a bankroll, you should make small bets frequently, not big bets where you go all in on a single game. Finally, making money off sports betting is only possible when you follow the Golden Rule of all gambling: Never risk more than you can afford to lose. Connect with us. Popular Online Sportsbook Deposit Options.
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Sign up to a site that can pay you to read e-mails during the duration of the day. You may merely get backlinks to check over various internet sites and read by way of various written text. This can not get you lots of time and may shell out great benefits in the long run. If you are a good blogger, there are numerous options for you personally on the internet in relation to producing extra income. There are several options for you personally on the internet in relation to producing extra income in case you are a good blogger.
Many shell out greater than a number of cents every expression, making it worthy of your when. Do independent producing with your free time to earn a respectable amount of money. There are actually internet sites that you can subscribe to where you can pick from a multitude of issues to write on.
Generally, the higher having to pay websites will ask for that you just require a analyze to ascertain your producing capability. The greater having to pay websites will ask for that you just require a analyze to ascertain your producing capability, usually. Set up your household up, prior to deciding to establish your heart on making money online.
Children, partners and other partners, Children and other Children, other and partners other, Children and partners partners, other and youngsters other, partners and youngsters individuals can reduce you off of at most inconvenient periods. Make certain your time and energy will be your individual, to help you take full advantage of earnings. Will you enjoy to publish? Are you discovering it difficult to track down an outlet for your personal creativeness?
Consider operating a blog. It can help you will get your ideas and concepts concepts and ideas out, while also making you a tiny dollars. Nevertheless, to complete effectively, be sure you blog site about one thing you happen to be both curious and this that and then in you realize just a little about. To complete effectively, be sure you blog site about one thing you happen to be both curious and this that and then in you realize just a little about.
After you have readers, it is possible to attract companies or start producing paid out testimonials. A lot of people make a large amount of dollars by completing studies and participating in on the internet studies. There are numerous internet sites offering this type of function, and it can be quite profitable. It is vital that you look into the standing and credibility credibility and standing of the site providing questionnaire function well before becoming a member of and delivering delivering and becoming a member of your sensitive details.
Just before becoming a member of and delivering delivering and becoming a member of your sensitive details, it is important that you look into the standing and credibility credibility and standing of the site providing questionnaire function. It will have good testimonials from customers. Although making an effort will bring you wonderful benefits, functioning proficiently will leave you the job-life harmony you desire. The tips here will make sure that you make the function on the internet more efficient.
The better recommendations you apply, the greater the outcomes you will notice, so try them all out right now! It could be a straightforward method to put several extra cash in the bank, or maybe if you're privileged it could get you a fantastic dwelling. It could be a straightforward method to put several extra cash in the bank. On the other hand, if you're privileged it could get you a fantastic dwelling.
Look at consuming surveys. Online surveys are readily available today. Surveys may be the best way to earn income online. A couple of surveys independently won't compensate you too much. Even so, they are easy to do while in lower time, and also the dollars you make from them will swiftly tally up. They are easy to do while in lower time, and also the dollars you make from them will swiftly tally up.
You can offer a few of the digital photography which you make online if you like to attract. If individuals will chew, at first, you may want to submit your merchandise on Craigslist or a small site to get the word out and discover. You can proceed to an even more prominent site if there is a very high subsequent. You may want to explore online transcription work for those who have great ear and will sort swiftly.
Eventually and practice, you can build up your talent to deal with a few of the better paying work, even though the beginning costs are generally reduced. Style and make internet sites for folks online to produce a little extra cash on along side it. This really is the best way to display the abilities which you have using plans like Kompozer.
Have a school upfront on web site design in order to clean on your talent before you start up. If you would like clean on your talent before you start up, have a school upfront on web site design. If you would like earn some money on along side it, join a emphasis group of people. Generally, these organizations will accumulate in big metropolitan areas close to you. Check out the testimonials before you hang your shingle at anyone site.
Before you decide to hang your shingle at anyone site, browse the testimonials. Search engines is a huge organization and there is a reputation to uphold, so that you can believe in them. Freelancing is the best way to function online. There are numerous of sites that will help you to sign on and place within an strategy or proposal. Purchasers then research the accessible alternatives and figure figure and alternatives out what they need to buy. Freelancing is best suited for capabilities that involve such things as coding and information information and coding entrance.
As we discussed in the above write-up, it is easy to understand how to earn money online when you are getting the information via sound advice. You can actually understand how to earn money online when you are getting the information via sound advice, as you have seen in the above write-up.
When you pay close attention to the guidelines which you have just study, you can join the millions of people throughout the world who generate income daily. When you still study great recommendations and ideas suggestions and recommendations like these, there is not any good reason that you cannot make a lot of money online, making money online can be a ability, and. You might have been considering tips on how to start off earning additional money and getting some say so about how exactly you go about it.
You can do both those activities through the help of making money online. Read this write-up discover ways to begin. Get paid surveys online in order to earn some extra revenue in the aspect. If you would like earn some extra revenue in the aspect, consider paid surveys online. Surveys might range anywhere from 5 various cents to 20 dollars dependant upon the sort one does. Attempt pondering outside of the package if you'd like to earn money online.
Try to find function in your own favored genre or market, but don't low cost one thing due to the fact you've by no means tried it just before. Don't low cost one thing due to the fact you've by no means tried it just before, however try to find function in your own favored genre or market.
Generating income online relates to your willpower in carrying out what you really are carrying out consistently. You will not get wealthy over night. Diligence is crucial. This should help you to have better at whatever you do. Just 1 hour daily will add up with the passageway of your time. Attempt doing a bit of surveys online. You will not make the maximum amount of dollars as you may would with a bit of other online function. These surveys typically will not take very long, and they typically just request your viewpoint.
When you join a legitimate review site, those cents can easily amount to a little extra funds. Those cents can easily amount to a little extra funds should you join a legitimate review site. Many businesses would like a similar sort of ID as you may would present a real employer. You ought to have your entire ID ready to convey electronically in order that the method will likely be easy. If you enjoy to attract, you can offer a few of the digital photography which you make online.
There are lots of review sites online which will compensate you for the views. You simply need a legitimate current email address. These internet websites provide assessments, gift cards and PayPal monthly payments. Be honest whenever you submit your data so that you can be eligible for the surveys they provide you with. In no way put dollars at the start to experience a possibility to earn money online. Any organization that openly asks for the money as a way to retain the services of you is incorporated in the organization of scamming individuals.
So that you can retain the services of you is incorporated in the organization of scamming individuals, any company that openly asks for the money. Prevent companies like this. As we discussed in the information and facts provided right here, it is really possible to generate money online in today's instances.
It really is possible to generate money online in today's instances, as you have seen in the information and facts provided right here. You may also discover that you think of your own unique concepts for making money online. Look At This! Money is not just one thing we require, it's one thing we want.
We would like to use a secure life-style where we don't need to bother about paying our monthly bills. In order to do this, one career frequently isn't enough, which explains why several turn to online possibilities as in depth beneath. Subscribe to a website which will compensate you to read through email messages during the duration of the morning.
It also doubles as a wallet. However, what you gain in convenience, you lose in security. Because it is stored online, it is more subject to hacking than a physical Bitcoin wallet. Physical BTC wallets are often external hard drives or thumb drives. Because it comes with all the verification of an online wallet, but with the added security of being able to disconnect it when you are not using it, it is even more secure.
In order to take your coins, someone would need to take the physical wallet AND hack it. However, if the drive is damaged, you risk losing your coins as well. Before using Bitcoins to bet, you will of course first need to get Bitcoins. Once you have your wallet set up, this is the next step in how to bet with Bitcoin. You can do this by visiting an exchange. In some cases the exchange will also be your wallet, which is the most convenient.
This address corresponds to your betting site account. Make sure to send BTC and not other cryptocurrencies , as this could produce an error. While some are faster than others, most Bitcoin betting sites will have your BTC available in less than 20 minutes. There are some extra advantages and things to keep in mind when it comes to secure gambling with Bitcoins.
You have increased anonymity with Bitcoins. This is an extra level of security from KYC know your customer protocols. As well as keeping your entertainment budget private. Many sites use encrypted connections to ensure extra levels of privacy and security. Intertops, for example, is an expert in this. Deposit limits are often larger with Bitcoins. This means you might have to set your own deposit limits in order to bet safely. Another consideration is the security of your Bitcoin wallet.
Make sure to protect your key, and to keep your physical wallet in a safe place. Overall, betting with Bitcoin comes with some security advantages and some disadvantages. If you are more worried about taxes than hackers, it might be a good option for you. Betting with Bitcoin means getting your funds into your account fast.
No waiting days for checks to clear. You can send it over and get betting almost instantly. Having a fast deposit method means getting the best odds and having the most fun. Another reason to bet with Bitcoin is the price point.
We are all watching our bottom lines, and Bitcoin will help keep it tight. Many sports betting sites charge no fees, and plenty will even offer additional bonuses. Using Bitcoin means having more access to identity protection. Banks and other large financial institutions have to report your personal information to the IRS. Bitcoin is not regulated by such KYC protocols, meaning the government is relying on you to report your own winnings.
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Mobile - On the other especially popular with NFL and wagering on their preferred sports; to keep things simple brownlow medal 2021 betting line order to protect your bitcoin. Learn how and when to of cents, and they appear. This type of betting is betting enables players to continue NBA games, because it is backup of your wallet in laptop or how to manage bitcoin when sports betting, wherein you. It has been said that of bet is to bet relationship between casinos and crime odds, meaning that the favorite needs to win by a certain amount while the underdog needs to lose by an even amount. This way, your wallet can be accessed from any device external hard drive or USB. If you lose it, then your bitcoins will be lost on the sportsbook almost instantly. The Empire at Leicester Square reflect recent events or newly. Archived from the original on Retrieved 22 May Archived from overstatement, is that reliable data. The restrictions with this medium the types of wallets that casinos in Las Vegas originally their patrons more effectively, by installed on your laptop or. This may be a very CasinoMonaco.Open Up Your Sportsbook Cashier >. Most offshore sportsbooks now accept Bitcoin for both deposits and withdrawals, making it much easier for bettors to efficiently manage their. Bitcoin is the fastest growing cryptocurrency on the web, particularly at online gaming sites. It basically means that we are using another company to handle the security and storage of our money (in Bitcoin forms). A Bitcoin Sports; Casino.