The Unexpected Bonus of Using Bitcoin Sportsbooks

August is always a big month for sports bettors. Baseball is heading into the stretch run, and King Football is gearing up. The Hall of Fame game, the first preseason game of the year for the NFL, kicked off on August 3rd. By the following week, each NFL team had played a preseason game. Sports books geared up as well, offering great bonuses and perks to sports bettors looking to reload their betting accounts for the upcoming football season.

Many of those sports bettors funded their new accounts using bitcoin (BTC). Bitcoin, a curiosity just a few years ago, is now the premier method of depositing and withdrawing from online sportsbooks. A bettor sends the sportsbook his bitcoin, and a short time later his account is credited with the US dollar equivalent of that bitcoin. On August 1, a single BTC was worth about $2700. A player who sent deposited one BTC at a sportsbook like would then have $2,700 to play with in his account.

In theory, the ease of funding an account is great news. In 2017, however, the sports bettor who sent in a bitcoin to 5Dimes just screwed himself out of some major winnings. Bitcoin today is worth $7,500. Had that sports bettor just held onto his bitcoin, he would have nearly tripled his money. By doing nothing. No work. No bad beats. No sweat.

And also no fun. Sports betting is a great hobby to have, keeping a sports fan interested in games that normally would never merit a second glance to the fan. If the fan misses out on a few dollars due to bitcoin’s increased popularity, so be it., however, allows that fan to both make his bet and keep the bitcoin. BitcoinRush’s action is all in bitcoin. When a bettor deposits his bitcoin into the sportsbook, he will also be betting in bitcoin. His wins and losses will come from that deposited bitcoin. BitcoinRush doesn’t convert the player’s deposits into fiat currency, enabling that bettor to reap the benefits of a rising bitcoin as well as hot streak at the sportsbook.

For example, if a player deposits a bitcoin at 5Dimes and doubled his money after a winning streak, he would have $5,400 in his 5Dimes account. When he cashes out, that $5,400 would be converted using bitcoin’s current price. So, after doubling his money and cashing out today, that winning bettor would be sent .72 BTC. He lost BTC, despite doubling his money.

BitcoinRush, on the other hand, would send that bettor 2 BTC rather than the .72 BTC from 5Dimes. Since all the action was in bitcoin, all the profit was in bitcoin as well. The bettor, after sending in a BTC worth $2,700 in August, would receive 2 BTC worth $15,000 when cashing out.

Bitcoin is obviously not going to triple in value every few months. But BTC’s long term trend is clear. The supply of BTC is limited, and demand only getting higher. Any bettor who uses his bitcoin to play at sportsbook that converts the bitcoin to fiat is likely leaving a lot of money on the table.

BitcoinRush has been in business since 2013. Specializing in casino games initially, it has gradually expanded its offerings due to player demand. It offers reduced vig and payouts that can be as quick as 10 minutes or as long as 8 hours, depending on the time of day a player tries to withdraw. Their lines are similar to Pinnacle Sports, with high limits and anonymous wagering. “In four years of operating,” says BitcoinRush in one post, “we’ve never ID’d anyone.”

Tuesday NBA Betting Lines

The NBA will showcase ten games on Tuesday, including a struggling Cavaliers team that is just 4-6 on the season. The Pacers and Pelicans, each with 5-5 records, face off at Indiana with the Pacers a one point favorite. The Rapters are favored by 11 over Chicago, with the Knicks small favorites at home against Charlotte. San Antonio is -3.5 against the Clippers, while Utah is a 7 point favorite against Philadelphia.

Milwaukee Bucks +4 at Cleveland Cavaliers -4 Total: 220

Record: 4-5, ATS: 3-5-1, O/U/P: 5-4-0
Record: 4-6, ATS: 2-8-0, O/U/P: 6-4-0

New Orleans Pelicans +1 at Indiana Pacers -1 Total: 218

New Orleans
Record: 5-5, ATS: 6-4-0, O/U/P: 4-6-0
Record: 5-5, ATS: 6-4-0, O/U/P: 5-5-0

Chicago Bulls +11 at Toronto Raptors -11 Total: 199.5

Record: 2-6, ATS: 4-3-1, O/U/P: 2-6-0
Record: 5-4, ATS: 6-3-0, O/U/P: 4-5-0

Charlotte Hornets +1 at New York Knicks -1 Total: 209.5

Record: 5-5, ATS: 5-5-0, O/U/P: 4-6-0
New York
Record: 5-4, ATS: 5-4-0, O/U/P: 4-5-0

Los Angeles Clippers +3.5 at San Antonio Spurs -3.5 Total: 201

LA Clippers
Record: 5-4, ATS: 5-4-0, O/U/P: 3-5-1
San Antonio
Record: 6-4, ATS: 5-4-1, O/U/P: 4-6-0

Philadelphia 76ers +7 at Utah Jazz -7 Total: 204.5

Record: 5-4, ATS: 7-2-0, O/U/P: 6-3-0
Record: 5-5, ATS: 6-4-0, O/U/P: 4-5-1

Brooklyn Nets +11.5 at Denver Nuggets -11.5 Total: 233

Record: 3-6, ATS: 4-5-0, O/U/P: 6-3-0
Record: 5-5, ATS: 3-7-0, O/U/P: 4-6-0

Memphis Grizzlies +3.5 at Portland Trail Blazers -3.5 Total: 204

Record: 6-4, ATS: 5-5-0, O/U/P: 3-6-1
Record: 6-4, ATS: 4-5-1, O/U/P: 4-6-0

Oklahoma City Thunder -10.5 at Sacramento Kings +10.5 Total: 206

Oklahoma City
Record: 4-5, ATS: 4-5-0, O/U/P: 2-7-0
Record: 1-8, ATS: 2-6-1, O/U/P: 4-5-0

NHL Betting: Tuesday Overnight Lines

Nine games are on tap in Tuesday’s NHL action. The Islanders, undefeated at home so far this year, are small favorites against the Edmonton Oilers. Arizona is a huge dog to Pittsburgh, while Carolina is -149 at home against the struggling Panthers. The Blues will take on the tough Devils as -129 road favorites. Vancouver, 4-1 so far this year on the road, will be +158 dogs to Calgary.

Washington at Buffalo, Nashville at Columbus, and Vegas at Montreal have not had lines posted yet.

Edmonton Oilers (+110) at the New York Islanders (-121) Total: Under 5.5 +113

Oilers Overall: 4-8-1, Away: 1-2-1
Islanders Overall: 8-5-1, Home: 5-0-1

Arizona Coyotes (+214) at the Pittsburgh Penguins (-240) Total: Under 6 +100

Coyotes Overall: 2-12-2, Away: 1-7-1
Penguins Overall: 8-6-2, Home: 4-0-1

Florida Panthers (+135) at the Carolina Hurricanes (-149) Total: Under 5.5 +103

Panthers Overall: 4-7-2, Away: 1-4-0
Hurricanes Overall: 4-5-3, Home: 1-2-2

St. Louis Blues (-129) at the New Jersey Devils (+117) Total: Under 5.5 -105

Blues Overall: 11-3-1, Away: 5-2-1
Devils Overall: 9-3-1, Home: 4-2-0

Vancouver Canucks (+158) at the Calgary Flames (-175) Total: Under 5.5 -129

Canucks Overall: 7-4-2, Away: 4-1-0
Flames Overall: 8-6-0, Home: 4-4-0

Los Angeles Kings (-110) at the New Jersey Devils (0) Total: Under

Kings Overall: 10-2-2, Away: 5-2-0
Devils Overall: 9-3-1, Home: 4-2-0

Coyotes Big Dogs against Washington in NHL Hockey

Arizona Coyotes (+183) at the Washington Capitals (-204) Total: Under 6 -107

The Arizona Coyotes head into the Verizon Center on Monday to take on the Washington Capitals.
The Coyotes have scored 2.8 goals per game on the road this year while giving up 4.4 goals to its opponents, enough to earn Arizona a 1-7-0 record away from the Arena. Arizona is averaging 32.4 shots per game as visitors, and allowing 31.8 shots to its opponents. Arizona is in last place in the Pacific division with a 1-12-1 record.

Arizona Advanced Ratings: Corsi: 49.7, Fenwick: 49.1, Face Off Win %: 46.9%

Arizona Special Teams:
Power Play Chances: 48, Power Play Goals: 8, Power Play Success Rate: 16.7%
Power Plays Chances Allowed: 33, Power Play Goals: 10, Opponent’s Power Play Kill Rate: 69.7
Arizona Over/Under/Push: 11-3-1

The Capitals have scored 2.6 goals per game at home in 2017 while giving up 2.6 GPG to its opponents, enough to earn Washington a 2-3-0 record at the Verizon Center. Washington is averaging 27.2 shots per game at home, and allowing 33.2 shots to its visiting opponents. Washington is the Southeast division’s sixth place team.

Washington Advanced Ratings: Corsi: 46.7, Fenwick: 45.2, Face Off Win %: 50.5%

Washington Special Teams:
Power Play Chances: 41, Power Play Goals: 8, Power Play Success Rate: 19.5%
Power Plays Chances Allowed: 55, Power Play Goals: 14, Opponent’s Power Play Kill Rate: 74.55
Washington Over/Under/Push: 9-5-0

“Still Great Things Ahead”: Urban Meyer Discuses Ohio State’s Season Goals After Iowa Loss

After Iowa’s dominating defeat of Ohio State last Saturday, Buckeyes Coach Urban Meyer main challenge is to keep his team motivated for the rest of the season. Ohio St. is all but eliminated from the National Title talk. Meyer talked about this and the loss in his press conference on Monday:

Q. Urban, obviously you guys went into the season with expectations of competing for a national championship. Now that that might not be a possibility, how do you make sure that this team stays motivated?
COACH MEYER: That’s something we work on not today, that’s something we’ve been working on all year, and you try to get a close team that cares about each other and plays really hard. It’s not going to be some speech I give to the team.

So it’s a process. It’s a journey that we’re on. And there’s still plenty of things great things ahead.

Q. One of the things maybe that came out of this game was maybe a lack of discipline. You guys had personal foul penalties that allowed them to extend drives and things on offense as well where you just didn’t keep it a clean game. What’s your thoughts about how those things have kind of crept into your team’s play, and how frustrating it must be for the players and coaching as well?
COACH MEYER: There were a couple of devastating penalties that kept drives alive. And no excuse for them. We addressed them, and I can think of two or three right off the top of my head that were drive savers, targeting and just a couple of silly penalties.

That’s something we’ve addressed. And you can’t — those kind of games you can’t have those.

Q. Was the targeting, was it out of frustration because they couldn’t get there? Or what explanation were you given on — it appears he head-butts the quarterback. What was going on there?
COACH MEYER: Talked to him. He came up, apologized. It was unique. It wasn’t an open-field type thing. He was just lunging at the ball is what he told me. There was no intent is what he told me.

Q. Have you been able to put your finger on any of the reasons for J.T.’s inconsistency between the two games Penn State and Iowa last week?
COACH MEYER: Really inconsistent. He’s been on a nice roll with efficiency, taking care of the football. And that was not normal by him.

So we watched it closely. Obviously today’s a big day to get going on the next game. But I felt like he forced it, especially right before the half. That was a devastating one. We’re not a sling ’em type group, we’re a highly efficient throwing team. And he’s been great up to this point.

Q. Did he tell you anything specific about what happened?

Q. Just the nature of this series with Michigan State, the closeness of it, and the ability to bounce back now.
COACH MEYER: It’s going to be key. Like the person who asked earlier, what do you say? This is something that we’ve been working on for a long time. You still look at the standings and Ohio State and Michigan State are 1-2 in the Big Ten East.

And everybody knows this game for the last, what’s our sixth year of playing them or something, usually it’s just a prize fight. So the tougher team usually wins. And we’ve got to understand what we’re going to play against. Great respect for them and they’re playing well.

Q. You know better than anybody how high the expectations are here. So after a loss like Saturday, people are asking, wondering what’s going on, what’s wrong, where is the program headed. I know when you came —
COACH MEYER: Where is the program headed?

Q. Yeah. You when came here. You took it to the top. You fixed it. I would imagine the challenge of keeping and maintaining that hype is different than fixing something. Is there a problem with the —
COACH MEYER: That’s kind of deep. We’re playing Michigan State this week. We gotta really practice well and fix the turnover issue on offense and play a little better on defense. Kicking was much better.

Q. When you were down last week this time, you talked about the maturity that your team showed in rallying against Penn State. Iowa scored 31 straight points after it was tied at 17. Did you misjudge the maturity level or the ability? Or is it a case of Iowa playing really well and you were just having a bad day?
COACH MEYER: I thought Iowa played really well. And we didn’t play really well, and turnovers and not being able to get off the field on defense caused that game to turn out the way it did.

Q. You were asked this last week about J.K. Dobbins and you said you don’t micromanage. You often said in past years you want to make sure your top playmakers get the ball a certain amount of times. He only got six carries on Saturday. Is that something that you are disappointed with, something you are going to make sure you change in the future?
COACH MEYER: We have a conversation about it. If there’s a huge disparity between — I think, Mike’s playing hard. I think J.K. is our starter, had a couple of nice runs. Those are things we talk about. But once again I think coach Alford does a nice job. He should have more than six carries, but we got behind and started throwing it a lot.

Q. Is it possible that you may start micromanaging that? Or why don’t you get involved with trying to get J.K. the ball, if that makes sense?
COACH MEYER: Because I think you have two quality tailbacks. I think that J.K.’s going to be a 1000-yard rusher here pretty soon. And like I said, just the way the game materialized in that third quarter, there wasn’t a whole lot of runs after that point. But those are certainly conversations J.K. deserves the ball.

Q. When you guys had those consecutive injuries on the offensive line it seemed to change things. At this point is the depth still not where you want it on that unit?
COACH MEYER: Not even close.

Q. Iowa did seem to do a good job with their offense, hitting the tight ends, getting you some play action, they found some things that worked. And it seemed like defensively they obviously had scouted you guys well and maybe sniffed out some of the things that you guys had done effectively in your past game previously. Did they have a better game plan on both sides of the ball than Ohio State did?
COACH MEYER: I think they executed their game plan well. I thought the first few drives was, through the first quarter and a half, it was up and down the field and then we went on a — had those injuries, it was 17-17, the ball at midfield.

And you feel like you’re somewhat controlling the line of scrimmage — our offense I’m talking about. And high-end execution in the pass game and then it, just bunch of three-and-outs, and we couldn’t get off the field. Then you start panicking on the offense, and that’s not good for anybody.

Q. After the Oklahoma game we talked about you guys noticed that the linebackers had gotten hurt in play action in coverage and Oklahoma hit you guys there. That happened again against Iowa. When you have something that happens, you think it’s fixed and it happens again, is that a failing of that position group and then of that position coach to allow that to happen again?
COACH MEYER: Sure, it is. And the week before I thought they played very well. They didn’t play very well this week.

Q. How do you evaluate that? Bill Davis is a first-year coach here. It’s two losses and we’re talking about issues at his position group. How do you evaluate that as the head coach?
COACH MEYER: I evaluate it.

Q. In six of your last seven losses, the quarterback has had more carries than your leading running back. I’m wondering, is that a coincidence or is that a sign of what the defenses that have had the most success against you are doing?
COACH MEYER: That’s a good question. A lot of times when you’re struggling that’s your kind of get-out of-jail-free card. I can see now that you brought it up it’s not by intent. And a lot of those are scrambles. When you’re behind and you start throwing the ball, you’re going to get some pressures where the guy’s going to run a little bit.

Q. Is there an ideal ratio that you’d like to see there?
COACH MEYER: As far as Q runs? You don’t want to have that many. You want eight to 10 to 12. You don’t want to have that many.

Q. When you first got here, I remember you saying that you hoped that this program would get to a point where there would be a lot of early NFL departures, like that would be an annual thing?
COACH MEYER: I said that?

Q. You said that that’s a sign that things are cooking well or something like that. Now that that’s kind of come true every year, you guys have guys leaving early to the NFL, are there challenges that you’ve faced in this program other than just the idea of having to replace them on the field? I’m talking about bigger than just every year having to replace them?
COACH MEYER: Sure. I don’t remember saying that. I think that’s part of life in the big city, that when you recruit good players and develop them and they play well there’s chances — great chances, that it creates all kinds of issues. When you start talking about as many as we’ve had, as far as the turnover, as far as keeping that recruiting board fluid, as far as an early signing date, that’s going to be all — this is all major, major numbers game that you have to somehow manage.

And the date, I think, is January something, 15th or 14th, whatever that date is, that you find out. Signing date’s already been over for a while. Those are all things that — and we’re playing Michigan State — but those are all things that occupy a lot of time.

Q. I had a few questions from readers asking if you felt like that this has become such an NFL factory that it’s hard to get complete buy-in from the team in terms of just players who have been here for a long time because there’s people continually leaving every other year and they’re coming here more so to be developed —
COACH MEYER: It’s something you’ve got to watch. You’ve got to watch. It’s something that happened at Florida a little bit where guys — every player that comes to Ohio State has a dream of playing in the NFL. And they should.

But you have to — whether it’s agents, whether it’s people in people’s ear and those are all things you have to have constant conversation with them about and watch closely.

Q. This team throws the ball more than any team you’ve coached in your career statistically. You’re running the ball less than you have at any other time since you’ve been here. We’ve talked a lot about the passing game. I know you’ve worked hard to become more balanced. Is it possible that in that quest to become a better passing team, you’ve maybe lost a little bit of your identity as a power running team?
COACH MEYER: We discussed that as well. Really through about a six-game run there, we were a nice balance as far as run-pass ratio, throwing for a little bit more than we have. But, yeah, that’s much different makeup right now than when we were a heavy, heavy, used to be about a 70 percent run. It’s about 65, about 55/45 now.

Q. About the quarterback runs, we know when you’re running the read, if they are going to let the quarterback keep it, he should keep it. How do you adjust to make sure when they’re doing that you still find ways to get the ball in the tailback’s hands?
COACH MEYER: That’s hard, because that’s exactly what Iowa was doing. Those weren’t designed Q runs, those were, they were going to take the balls out of J.K.’s hands, a lot of those runs. Those are all things we have to game plan and continue to work and find ways to give hand-offs to the tailback.

Q. Going back to your defense real quick. I know you won’t get into detail about it, but what did you and Greg talk about over the last day and a half, about what you saw out there, 48 points. Obviously they got a pick-six. But generally what was your biggest disappointment about the way the defense played?
COACH MEYER: Missed tackles and I didn’t feel — this was one of the first games I can remember not controlling the line of scrimmage and just not getting off the field on third downs because of penalties or because of — we had them backed up many — several times and they got out of the hole. We just had conversation and let’s move on towards Michigan State and try to go win this game.

Q. Is it a sense, too, though, that Iowa had a really good — looked like they were almost a step ahead in their play calling, whatever you want to call it — they had you guys, you know what I mean, on the flip-flop. And they had a lot of drag routes where they cleared out underneath and things like that. Was that a case of that, too, of the other team, like, calling the plays at the right time? Another word?
COACH MEYER: I think there were some miscues too. We didn’t play very well. So, yeah, anytime you see that type of thing, you don’t want to just say it’s all miscues. It’s the week before there wasn’t the miscues and there were this week. And now the question you have to ask is why.

And that’s not so much the how, but why did that happen? Are we not practicing? Have we got the right people playing? All those types of things.

Q. Michigan State’s obviously watching that. They’ve seen tight ends do some damage against you guys, some of that kind of stuff. Just what’s your biggest concern about Michigan State’s offense coming into this game?
COACH MEYER: He’s really throwing the ball. He threw for 400 yards. Have not watched a lot of them. Today is, what, Monday, I don’t watch them until Tuesday.

But I visited with our defensive staff. And he’s thrown for 800 yards the last two games. One was overtime, several overtimes, but he’s throwing at a very high level and they’re a much different team.

They’re not — used to be kind of a 70/30 run/pass. It’s not that right now.

Duke Football: David Cutcliffe Press Conference Transcript

DAVID CUTCLIFFE: It’s a good time for us to have had an open date after nine straight games. Really impressed with our team spirit. We practiced yesterday morning. We practiced again this morning. They have been resourceful. These are as two of good of practices as we have had.

So certainly I know there’s hope that we can continue to improve and win some of these close games that we’ve had and then play better when we were in every game down the stretch. Three to go, so we’ll see what happens.

Q. Can you talk about how important it is after nine weeks and then four weeks of practice before that, for the players to take a mental break from football, as well as physical?
DAVID CUTCLIFFE: Well, I think it’s a big deal. This is actually a five-week camp this year. This is the longest camp because of the rule change. So we started in July. Our first practice was in July, and then we played nine weeks in a row.

And I think it has some — I just heard Mark Richt talking about Thursdays. Players are going to school and the tests and the requirements along those lines and then when you’re playing every week, and particularly in our circumstance, where things got tougher each loss; I think they are stressed beyond physical. It’s emotional.

So we have had to take that into consideration. We’ve had shortened meetings. Shortened, not just brutally short, but less than an hour and a half on the field but we have gotten the quality we wanted from them and we are going to work even a little bit lighter tomorrow. And I want them away from it. They will be away from it Thursday evening, Friday, Saturday, and we won’t be back till Sunday night.

Q. In the last few games what have they shown you about your team that you think it’s possible to get in there and fix, some areas that you really want to work on?
DAVID CUTCLIFFE: Well, yeah, I don’t think there’s any question that it’s very evident to the players, to the coaches, offensively, we haven’t thrown and caught the ball with much efficiency like we had earlier in in the year. You know, giving up some explosive plays on defense. And it’s not been any literally just one thing.

We are a team. We have seven seniors that start for us. We’re playing a lot of young people. That’s not an excuse because our job is to have everybody ready.

But again, it’s probably consistency, and so one of the other reasons we shortened practice and talked to our coaches is because I wanted to see if we can go wire-to-wire at the highest level possible. I’m really impressed with the way our team has taken on that challenge.

Q. The early signing period, has that already changed the way you do recruiting in your calendar?
DAVID CUTCLIFFE: Not really the signing day. The 2019 class is going to be taking official visits in April, May, June, and I’m not in favor of that at all and that significantly changes their calendar, our calendar. Our class has committed for quite some time, and I don’t expect any surprises and — (audio break).

The early signing day isn’t really going to affect us. It’s the 2019 class early official visits. They are signing in December — but we have had our class committed for quite some time, so that portion of it has not really been a big issue to us.

Q. Will you be bringing in kids that signed for visits in January?
DAVID CUTCLIFFE: Most of our visits will be in December. That’s what our commitments have always wanted to do. If they can’t because of some scheduling circumstance, then we would bring them in. We may have three or so midyear enrollees, but most of our class will come in next summer.

So they can still make their official visits after they have signed with us, and we would go about what we do the same way. And what I was saying before is that December, January, we are going to — the biggest change is we are going to be having to do a great deal more evaluating of 2019 players because they are going to be wanting to make official visits in April. How do you know, you know. That’s a nightmare. That’s something I am totally against as far as legislation.

Q. Planning that time in summer, January — to start looking at kids?
DAVID CUTCLIFFE: Yeah, I’m going to go into homes and schools of everybody that we’re going to sign. I always have and always will. I want to know their families, the dynamic surrounding the family. My only chance to do that as a head coach is in December and January. So I’m going to do that.

But while I’m on the road, I’m going to have to be doing the best I can of evaluating 2019 players that may want to set up visits in April, and I’m not all in favor of just bringing people in that I don’t know enough about their character, their academics, let alone even their athleticism completely by that point.

So I’m going to be trying to go to basketball games and see athletes for what they are or just see workouts in the weight room. We’ve had a lot of conversation about that type thing as a staff is we’ve got to get as many evaluations in as we can with those young people.

Q. Would it make even more sense to push up the early signing period to September or August —
DAVID CUTCLIFFE: Possibly. You know, with you again, we’ve tried to move up, move up, move up, and I’m not sure that’s the best approach to people making quality decisions. If you start looking at transfer rates in other sports, and now you even see like men’s lacrosse is trying to move all theirs back. These kids sign early, way early and next thing you know, they are at an institution a year and they don’t want to be there. I just don’t think that’s the healthiest approach.

Earlier is not always better, and I think we’ve got to be careful. I think we need a little bit more maturity in our approach as we study this, personally.