Bitcoin enthusiast, Entrepreneur, Investor, Trader, Advisor, Investment Banker & Money Manager Funder of Cryptor Trust a Global Think Tank and investment group for Bitcoin and Crypto related assets world wide. Founder of Elliott Wave Technician. A financial advisory in forecasting & research of the financial market and societies. Funder of Cornupia Capital Ltd.a financial advisory service in mergers & acquisitions, offshore structures and corporate restructuring.
Hey there - I'm a member of a professional gambling group looking for some help. We've been successfully betting together using bitcoin->offshore books for a few years, but now that the tyranny of PASPA has been lifted, we'd like to come home. Seeking higher bet limits we're setting up our operation in NJ and, would like to form a legal entity to pay taxes, hire employees, bet from, etc. This is all brand new to us and we haven't found any solid legal / tax advice so I'm hoping you degens can point me in the direction. Does anyone have any experience betting as a corp / llc? Ideally we find a lawyer and accountant who can help us handle the intricacies, but any advice is helpful.
I’ve played on offshore books for a while and used bitcoin the whole time. Recently I’ve gone on a bigger run and I’m about to withdraw more than I ever have. Is there a way to sell without going through an exchange that takes my information? I have used the BRD wallet before and that doesn’t take your info but to sell it I have to give my info. Are there any good options out there? This is probably a noob question and I apologize but I’d appreciate any help! EDIT: Made a slight edit due to bad wording
Do "Red Rooms" exist? No. The closest thing you might find if you are lucky enough is a forum where a certain number people discuss killing their spouse or something of that nature(There was this one onion a few weeks back that did such thing but apparently is more of a overseas thing, it was a video of a beheading, but i didn't want to see it.)
is Tor Safe?
China may enter the crypto market full force and about to ease its stance towards bitcoin and other cryptocurrencies. There is a lot of Chinese national participation in this market. There are many large offshore exchanges
How to keep money safe from a collapsing economy and failing rand?
Hi. What does one do in the case of the rand becoming worthless? Do you buy gold? Open a foreign currency account? Buy currency? How are you keeping your money safe? Any advice would be greaty appreciated.
5dimes is closing to all US customers. They seem to want to do things the right way as they gave us a warning and said we can cash out. So the stance they are taking on Future tickets is a bit mind-boggling. There are a ton of people that bet futures, particularly to WIN Championships like the NBA or NHL. 5dimes cut off date for wagers to be graded is 9/21. This is before the completion of the NBA/NHL finals. 5dimes current stance is if a wager that is pending cannot be graded on 9/21, then it is a cancelled bet. Sounds good in theory. However, the NBA and NHL Finals will not be concluded by that date. Although the Finals will be underway. By their rule, all teams still alive will be refunded. Here's the issue, they are grading all teams that lose, losers. So, Every team that was bet on besides the two that are in the finals, 5dimes is grading a LOSER. The teams remaining are cancelled. In booking, its very black and white. You can't have a loser without a winner. They are essentially grading all bets that give them money yet any risk of payout those bets are cancelled. I contacted CS as made this point and was told essentially fuck off. Here's my situation. (And alot of people's situation who bet on the NBA/NHL Finals) I purchased Lightning to win the Cup at +650 for $500. This pays $3000+ I then purchased Stars to win the Cup at +735 for $445. This pays $3000+ Late in the Stars vs Avs series, I'd hedge my bet(and fading Vegas Knights) I took Avs to win the Cup for $450 at +650. So I had 3 of the remaining 4 teams given Vegas and Lightning were about to close or did close series. Avs lost the series, they took my $500. -$500 on my bets currently. If (eh, let's be honest) WHEN the Lightning win the East, The Lightning to win the Cup maybe FAVORED. Yet, my +600 ticket will be deemed cancelled when the only price available maybe MINUS money. I'm getting no payout for being right series ago. It's both theoretical and possible we ahve a Stars vs Lightning Finals in which I'd be guaranteed almost $3000 in profit without doing anything as I'll have both Finals. Yet, I will finish my NHL future bets at -500 despite having both finals teams because they aren't paying winners but charging losers. And truly my Avs bet was a hedge. (If you hate hockey, imagine having Lakers, Celtics and Clippers tickets at all plus money and knowing you can only lose money even if its LA vs Celtics in the finals) There are two options. 1. Either don't grade losers and you cancel the entire bet (again you can't have losers without winners)
you payout winners past on the hedge odds. If Lightning is +600 on future ticket and in Finals their opponent is +100, I should be collecting HALF my TO Win and get back my to risk. You simply cannot fairly/ethically/justifiably collect ALL losing tickets, 30 teams of losing tickets, then cancel the 2 teams that can possibly win.
If you're still not outraged. 5dimes is STILL taking bets on NBA and NHL futures knowing you can only LOSE or Cancel bet.
Moving money into bitcoin cold storage where you control the keys has the same asset protection capabilities and jurisdictional arbitrage potential of using an offshore corporation with an offshore bank account. Bitcoin is asset protection for the average person.
Should I just stick with Bovada? Is it really as villainous as Reddit makes it out to be? If not what’s my best option (I don’t mess with bitcoin)? From CT so has to be an offshore site.
What’s up y’all, I know this has been posted a million times on here but it seems like in each thread I find slightly different answers, so I figure I’ll get my own. I started betting last year on college football on Bovada- started with 100$ deposit managed to turn that into 1500 by the end of the season using mostly teasers and parlays. Haven’t tried to withdraw or anything yet so it’s just sitting there, but this season I’ve got a plan and am hoping to turn that 1500 into around 10,000 or so- hopefully more (ik how this sounds but idk y’all just gotta trust me on that front haha I know cfb like the back of my hand) Around 70% of the people on here seem to have had horrible experiences with Bov either not getting their full amount of money or not getting any at all or having their account shutdown when they get on a hot streak. The other 30% have no complaints and say they’ve never had an issue. So Should I stick with Bovada or switch to another site? Edit: probs could’ve/should’ve posted this in General Questions but responses have been helpful and much appreciated. Good luck out there degens
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