I have been using Bovada for over a year for all of my gambling needs mostly betting on football and basketball games, I just tried using it again yesterday with a credit card only to have it say my credit card is declined but my card has plenty of money available for spending on it, but it gave me a second option to deposit using Bitcoin and it gives you a wallet address to send the funds to. I sent them Bitcoin using Airbitz and within moments my money was available for gambling almost instantly.
Government regulation
So my question is the U.S. government prohibiting these online gambling sites from accepting U.S. credit cards? Or is it my bank that knows it is a gambling site not accepting it as a transaction? If this is their way to stop people from online gambling that is pretty foolish since all you have to do to get around it is buy some Bitcoin and send it to their wallet address.
When withdrawing your money they only give you 2 options to withdraw it using Bitcoin or Ignition cash transfer so there is not a way to withdraw it using the U.S. mail system or wire transfer etc my guess is because of U.S. regulations.
