About Bitcoin

Bitcoin FAQs

Bitcoins for AvsBsports.eu

  • How can I deposit bitcoins to my account?

    • To fund your account with Bitcoins, just click the “Make Deposit” button and select the “Anonymous BTC Deposit” option. Follow the instructions shown on screen. Our system will provide you with an address for sending the Bitcoins.

  • How long does it take for my account to be funded with bitcoins?

    • Receiving notification of a payment is almost instant with Bitcoin. However, there is a delay before the network begins to confirm your transaction by including it in a block. A confirmation means that there is a consensus on the network that the Bitcoins you received haven't been sent to anyone else and are considered your property. Once your transaction has been included in one block, it will continue to be buried under every block after it, which will exponentially consolidate this consensus and decrease the risk of a reversed transaction. Each confirmation takes between a few seconds and 90 minutes, with 10 minutes being the average. If the transaction pays too low a fee or is otherwise atypical, getting the first confirmation can take much longer.

  • How much will the transaction fee be?

    • Although fees may increase over time, normal fees currently only cost a tiny amount. By default, all Bitcoin wallets listed on Bitcoin.org add what they think is an appropriate fee to your transactions; most of those wallets will also give you chance to review the fee before sending the transaction.

    • Transaction fees are used as a protection against users sending transactions to overload the network and as a way to pay miners for their work helping to secure the network. The precise manner in which fees work is still being developed and will change over time. Because the fee is not related to the amount of bitcoins being sent, it may seem extremely low or unfairly high. Instead, the fee is relative to the number of bytes in the transaction, so using “multisig” or spending multiple previously-received amounts may cost more than simpler transactions. If your activity follows the pattern of conventional transactions, you won't have to pay unusually high fees.

  • How does the anonymous instant bet work?

    • With AvsBsports.eu you are able to make an anonymous instant bet without having an account with us, or without having to login, in the case you do have an account with us.

    • All you need to do is select the offering you wish to wager. Then, on the wager wizard select the BTC option from the drop down menu, write the amount for risk or win and click on the “Place Anonymous Instant Bet” button.

    • Follow the instructions shown on screen. Once you have transferred the bitcoins, our system will verify your wager. If for some reason your wager is not accepted due to infringement to our betting rules, the funds you transferred will be returned to your wallet minus the transaction fees. If your wager is accepted, you will receive a URL where you will be able to check the status of you wager. If you win, your win amount plus your risk will be transferred back to your wallet’s address minus the transaction fees.

  • Can I request withdrawal payments in Bitcoins?

    • Yes, the process of requesting payments with Bitcoins is very similar to making deposits. We would need only an address, the amount you wish to withdrawal, and your bets need to abide to our House Rules and Wagering Rules for withdrawal requests.

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