Everyday more and more people are looking for ways not only to gamble anonymously, but also to stay as much as possible, private!
Wether you live in an opressive regime or you just like your privacy, you came to the right place. We’ll teach you step by step what you need to know to place your bets with peace fo mind.
Levels of anonimity
There are several “levels” of anonimity. Some people just don’t like browsing history, others wanna keep everything private, even payment methods!
It’s up to you to decide the level of anonymity you want. Do you want to gamble in a website that doesn’t require KYC? Or you just want to use an anonymous payment method?
If you truly want to bet anonymously you have to use crypto currencies such as bitcoin or even monero for complete privacy. Using electronic wallets such as paypal or skrill only mask the usage of your credit card and aren’t really anonymous.
What is bitcoin?
To put it simply in our case, bitcoin is like internet cash. The easiest way to sports bet is to obviously walk up to a teller and place your bet with cash and receive cash back without giving your name, address, etc. That was not possible on the internet until bitcoin. Bitcoin allows you to deposit value without giving any personal information. You can send it instantly and receive it instantly without giving up this personal information, just like a face to face meeting with a cash exchange. It is impossible to reverse so online sportsbooks do not have to worry about chargebacks and can offer better lines. Here’s a neat video that goes over the basics. Don’t worry, below I’ll go into exactly how to use bitcoin with sportsbetting.
It is the easiest and fastest way to both withdraw and deposit to sports betting websites. It also allows you to avoid providing personal information to websites which may not secure your identity. Bitcoin is the tool you use to deposit and withdraw anonymously. It also allows value to be sent globally, instantly. This allows a sportsbook in Costa Rica to receive value, instantly. They can also send that value back, instantly.
Monero is an alternative to bitcoin. It’s another cryptocurrency but with the added feature of untraceability, wich means that no one can really trace your funds.
How to bet with bitcoin or monero.
Go to coinbase.com (kraken is a better option if you’re in Europe)
Sign up and add your bank account, just like Paypal. Remember that this is a completely legit US based website that works exactly like Paypal. The only difference is that you use bitcoin to move value, rather than Paypal sorting out where the value belongs. You may have to wait 1-2 days before you are allowed to instant buy.
Once that is done go to 1xbit.com
You’ll be given an anonymous account but you can add an email to it so you can return to the account in case you lose your credentials.
Once you’ve attached your username and password to your account go to the top of the page and click deposit, you’ll be shown several cryptos, just chose the one you prefer.
Now go back to Coinbase (or kraken) and click the Buy selection. Purchase the amount of bitcoin you would like. Make sure that it is an instant buy. The bitcoin will show up in your wallet within minutes. Once they show up go to send bitcoin. Go back to 1xbit and copy the address inside the green box at the top.
And back to Coinbase and paste that address in the box as seen below. Type in the amount you want to send.
That’s it for the deposit. Your bitcoin will arrive in your 1xbit account in seconds!
Now to withdraw once you’ve made a ton of bitcoins! Go to the left side of 1xbit and then to cashier. Find the withdraw box.
Now go back to Coinbase.com and select my Wallet then go to my wallet address below and copy it. Bring that back to 1xbit and past it in the bitcoin address under Withdraw.
Complete the withdrawal. Your bitcoin will then arrive back in your coinbase.com account where you will be able to then select sell and sell the bitcoin for USD. Your USD will arrive back in your bank account on the next business day.
At the moment, the only fully anonymous bookie is 1xbit.com
They accept a huge number of cryptocurrencies and operate almost globally. You have the option to register you email for account recovery purposes but you don’t have to if you want
Betting anonymously in exchanges requires some high tech knowledge at the moment. You can use platforms such as augur but they are too complicated and iliquid for the average user. Let’s hope this changes in the future because it would be awesome for everyone!
The downside of anonymous betting
Using a non licenced bookmaker has has some dangers that regulated bookmakers don’t. Think about it this way, if you are putting your money in a website that obeys to no laws, what prevents them from just shutting down the website and running away with your money?
There are now several other bookmakers accepting bitcoin but that doesn’t mean that they are fully anonymous.
For example, pinnacle accepts deposits/withdrawals using bitcoin but you still have to undergo KYC. If you only want privacy on your payment methods you should consider one of these proven and safe bookies.
Keep in mind that you can’t have the best of both worlds. Payments are only one part of the process. There are now some decentralized betting exchanges such as augur but they are still in it’s infancy. Liquidity is very low and the usability is a nightmare for non tech savvy users so our recomendation is to wait for now on using these systems.
Bookies that require KYC but accept crypto
It’s up to you to choose between full privacy and funds safety.