azcardsfan said:
Do not send from coinbase or circle straight to the book. Open a wallet with blockchain or other. Then send from this wallet to the book. And vise versa with withdraws. So coinbase or circle to blockchain to sportsbook.
If your concern is that coinbase/circle might deem the recipient's BTC address (aka the online bookie's BTC account) as a gambling business (a la Western Union/MG), I don't see how the BTC exchanges can determine that based on how BTC works. The BTC exchange has ZERO idea who is on the other end based on the lengthy randomly-generated address. I send/receive directly to/from the online bookie all the time because it's virtually impossible (without using a lot of man hours or government intervention) to track who's who.. and that assuming you can even get that far to track who is on other end. It's not like the owner of the recipient's digital wallet is going to admit who they are, because one of the best things about BTC is pretty good (but not 100% perfect) anonymity for the receiver.
In other words, the tale of "you shouldn't send BTC directly to the online bookie from the BTC exchange" falls under the "urban legend" category unless you're dumb enough to say in the "message" field something like "for deposit in sportsbook" or "for sports wagering." In addition, you save small percentage in BTC transfer costs from sending to your BTC exchange to your digital wallet and then to your online bookie.
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I got a warning from coinbase after depositing on Bovada through an account there. Not sure how it works, but they can tell. I noticed Bovada no longer recommends them. I think coinbase is one of the best to use so lately I have been using mycellium as a go-between for coinbase to bovada/5dimes transactions. Im sure other wallets would work fine as well.