1. #1
    SBR Forum
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    BetOnline Bitcoin News

    BetOnline advised SBR that bitcoin deposits are now processed free of charge. (The former fee has been removed)
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  2. #2
    HedgeHog
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    Great news. Thanks, SBR.

  3. #3
    tradeout
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    Quote Originally Posted by SBR Forum View Post
    BetOnline advised SBR that bitcoin deposits are now processed free of charge. (The former fee has been removed)
    How about withdrawals? also free?

  4. #4
    Buffalo Nickle
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    Thanks BOL!

  5. #5
    Jnas
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    its about time good news

  6. #6
    SBR Forum
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    Quote Originally Posted by tradeout View Post
    How about withdrawals? also free?
    No, there's a 2% fee for withdrawals. What changed was the removal of the deposit fee (6.5%).

  7. #7
    UBNVS
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    Hopefully they are straight forward and still don't try to cheat the system and blame Bitcoin prices dropping when we deposit.

  8. #8
    scottgodson1985
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    Nice to know but they need to go ahead and take the full measure and not charge 2% too withdraw.
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  9. #9
    theviking
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  10. #10
    theviking
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    and also free at betonline s "sister" sportsbetting.ag

  11. #11
    RonPaul2008
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    If you make a bitcoin deposit, are you forced to withdraw in bitcoin and take the 2% fee..or can you withdraw by other methods?

  12. #12
    GigaOuts
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    Quote Originally Posted by RonPaul2008 View Post
    If you make a bitcoin deposit, are you forced to withdraw in bitcoin and take the 2% fee..or can you withdraw by other methods?
    good Q.

    my last deposit is using bitcoin. I over pay bitcoin using bitcoin atm, than betonline charge a deposit fee, this leave me a sour taste in my mouth. After I add up all the fees, bitcoin deposit was the most expensive way to deposit including **. In my experience, I can withdraw by other methods after bitcoin deposit. But it doesn't hurt to ask.

  13. #13
    apaeth
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    They round down...just made my first small bitcoin deposit - after transaction fees via the sender the balance should have been $67.90 - they rounded down to $67 and pocketed the .90 cents. Not a big deal but over an unexpected 1% lost on the transaction. Calculate your transfer fees and adjust if you don't want to lose the pocket change.

  14. #14
    TheMoneyShot
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    Quote Originally Posted by RonPaul2008 View Post
    If you make a bitcoin deposit, are you forced to withdraw in bitcoin and take the 2% fee..or can you withdraw by other methods?
    I believe I read in their PO section you are allowed a Free $50 on them in regards to fees in requesting your PO. It may have been changed? Always double check. But, that means you could get a PO of 2500 Bitcoins free of charge once every 30 days.

  15. #15
    ronald
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    Quote Originally Posted by TheMoneyShot View Post
    I believe I read in their PO section you are allowed a Free $50 on them in regards to fees in requesting your PO. It may have been changed? Always double check. But, that means you could get a PO of 2500 Bitcoins free of charge once every 30 days.
    This is true, but only if requested on FRIDAY, and you must indicate that you are opting for your $50 monthly payout credit in your request.
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  16. #16
    luctens
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    Quote Originally Posted by ronald View Post
    This is true, but only if requested on FRIDAY, and you must indicate that you are opting for your $50 monthly payout credit in your request.
    Well that's something for the BetOnline naysayers. Unlimited free Bitcoin deposits, free Bitcoin withdrawals up to $2500 every 30 days and 25% bonus on reloads. Can't be bad.
    Last edited by luctens; 10-06-16 at 07:50 PM.

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