SportsBettingOnline comments on payout dispute
Online sportsbook SportsBettingOnline (SBR rating C) has issued payment to the player who reported waiting 30 days for a $500 payment via bitcoin.
SportsBettingOnline staff acknowledged that there has been an influx of withdrawals due to the holidays.
SBR reported yesterday that SportsBettingOnline and BetOwi players expressed frustration at the amount of time it takes to receive payment by way of bitcoin.
Online sportsbooks that offer bitcoin must be able to honor player payouts and credit player deposits reasonably quickly, or else business will be lost to the number of reputable betting sites which are able to do much better with bitcoin.
The digital crypto-currency has been on the market long enough for sportsbooks to be on top of their game, and to avoid inconveniencing players by forcing them to wait longer than the industry average.
Players can shop for a list of bitcoin accepting sportsbooks using the sportsbook rating guide.
Players who are still waiting on requests considered overdue are urged to submit a sportsbook complaint form.