Slots.lv & Bitcoin

[tecknomania]

I've only deposited here a handful of times over the years but felt like playing some different games instead of the usual.

Made a $20 deposit using a credit card. Received 300% bonus with 25x playthough (I think).

Once I started hitting and got in the hundreds, I double checked promo restrictions. $900 max cash out.

So when I reached my playthrough, I cashed out $850. At first I chose check by courier (I live in USA btw). Then did a quick internet search to see others experiences with slots.lv. I saw a post saying their bitcoin withdrawal was processed right away.

So, being a gambler at my core, I said, let's try it.

Opened an account with Coinbase and linked my bank account. Reprocessed withdrawal with bitcoin as withdrawal method. Slots.lv said withdrawal requests would be started 72 hours after request.

Well, 48 hours later I got an email from slots.lv and a notification from Coinbase that the funds were transferred.

Coinbase allows you to buy and sell BTC with a bank account. So that was perfect for me. I transferred all but 100 to my bank account. Coinbase said transfer would take approx 6 to 9 days. Ok cool.

I shit you not, 24 hours, I got a notice from my bank that a deposit had been made! I was VERY surprised it happened so quickly.

So long story short, I will be using bitcoin for withdrawal from any casino from here on out. Much easier than waiting for the check and going INSIDE the bank to deposit a foreign check.

With the remaining $100 in BTC, I decided to take advantage of the numerous Bitcoin deposit bonuses. I had to create another bitcoin related account used to buy and sell. This service was called Blockchain. Again, very simple, painless process to set up. I sent the money to Blockchain and was able to use for deposits with no problem.

Just wanted to share how easy it was all around. The estimated times were all much shorter.

Also, no verification process or documents to send which was a little surprising but cool anyway. From the casino or bitcoin.

Painless, easy, never had to leave the house.

 

[Mben]

Wow, that's great, tecknomania. Thanks for the rundown.

I'm really going to have to check out Bitcoin. I don't know why I haven't yet. I've never deposited at Slots LV either.

 

[chillymellow]

And as the exchange rate climbs, so does your USD equivalent cash in your Bitcoin wallet!
Five turns into fifteen! It is pretty cool all around. I've used bitcoins at Cafe casino, uptown aces, Slotocash, and a few others. The Bitcoin casinos, I am having a hard time with though as my favorite games say 2.75 (mBTC) a spin for example. Now that the BTC to USD rate is so high, my $20 USD gets sucked up four times as fast. Boom! Gone.

 

[PMM]

I too need to educate myself more on bitcoin. Thanks for the post, very helpful and interesting.

I am so glad that you are having good luck using bitcoin.

 

[slotgal47]

That's how I do it too, so much easier tecknomania. But can't figure out how to do the bank part yet.

 

[chillymellow]

That's how I do it too, so much easier tecknomania. But can't figure out how to do the bank part yet.

I used to use Circle, but they made me change to USD. When I used Coinbase at first I had to transfer my BTC to Circle, then send to my bank.
Somehow that changed and I can now transfer funds in and out from my bank account or Debit VISA. I had to jump through some hoops to verify and then I had to go through a days long process of waiting for the two small deposits so I could buy BTC from my account and then my transfer took days to go through. Next time I used my debit card and it was all super fast.
I am not good at guessing the fee and twice tried to deposit enough to equal $25 but fell short. Adding another small deposit didn't help get the bonus I wanted. Has to be a single one. But, both times I cashed out at around $100. No bonus works fairly well and I can play Megasaurs!

 

[Mben]

I'm really going to have to check out Bitcoin.

Step #1 done. I now have a Coinbase account and have linked my bank card to it.

 

[krystalkitty]

Mben....keep me informed pls....

 

[slotgal47]

I used to use Circle, but they made me change to USD. When I used Coinbase at first I had to transfer my BTC to Circle, then send to my bank.
Somehow that changed and I can now transfer funds in and out from my bank account or Debit VISA. I had to jump through some hoops to verify and then I had to go through a days long process of waiting for the two small deposits so I could buy BTC from my account and then my transfer took days to go through. Next time I used my debit card and it was all super fast.
I am not good at guessing the fee and twice tried to deposit enough to equal $25 but fell short. Adding another small deposit didn't help get the bonus I wanted. Has to be a single one. But, both times I cashed out at around $100. No bonus works fairly well and I can play Megasaurs!

The fee amount is underneath like in italicized or greyed out font when you type in how much you want to deposit to casino.

 

[Mben]

Mben....keep me informed pls....

Might be a while before I actually try it out, but will do, when I do.

 

[krystalkitty]

Okie Dokie

 

[tecknomania]

That's how I do it too, so much easier tecknomania. But can't figure out how to do the bank part yet.

I linked my bank account to coinbase and the deposit went in with no hassle or extra charges. Funds available immediately. All I needed to link bank account was routing and account number.

 

[tecknomania]

Using BTC to deposit was a little different, like I said, I used an app called Block chain. They did the conversions for me, from BTC to USD. Honestly, it wasn't too hard at all. If I recall correctly, Red Stag Casino had a brief tutorial explaining how to make deposit. All my play was in USD.

 

[tecknomania]

One other thing...funding Coinbase from my own money would have taken more time. I think it said 5 business days to fund from bank account. The transfer of payment from casino took less than 15 minutes.

 

[PMM]

Thank you so much for all the information tecknomania! It is so helpful to all of us trying to figure out bitcoin.

 

[slotgal47]

Using BTC to deposit was a little different, like I said, I used an app called Block chain. They did the conversions for me, from BTC to USD. Honestly, it wasn't too hard at all. If I recall correctly, Red Stag Casino had a brief tutorial explaining how to make deposit. All my play was in USD.

I tried the blockchain thing the very first time I used bitcoin, seems like I got charged a lot of fees. Still don't understand that method and why is it even necessary when it seems like Coinbase does the same thing as them, but I am probably wrong about that because everywhere I look they say always use blockchain or something. But the casinos don't tell you to do that, they just direct you to Coinbase or other wallets.