Bovada 9.5k withdrawal 8 day still review - How does BTC price effect things?

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  • Lord_Mar7
    SBR High Roller
    • 11-08-19
    • 174

    #1
    Bovada 9.5k withdrawal 8 day still review - How does BTC price effect things?
    Hi - new to SBR and BTC. Been using Bovada for 4 months.....so far so good. Won 10k recently on the World Series. Initiated a BTC max withdrawal of 9.5k on 10/31. I contacted their customer service and was told there was a delay and to be patient. OK.

    My question, 1x BTC was around 9.25k when I withdrew. If it goes to, say, 8.5k for 1BTC once they process, will I then have approx. 1.11 BTC in my wallet? Or would it be 1.02 BTC (from the initial withdrawal)? Or less?

    Thanks for your help - really wish it didn't take this long, especially if I'm going to lose (or gain?) BTC in the process.

    The plan for the future is not to make big withdrawals like this. Everything I'm hearing is that Bovada always pays, but the delay seems a bit too much. More curious as to the fluctuation in BTC price.
  • DroopyDog
    SBR MVP
    • 11-03-16
    • 1255

    #2
    its determined at the time they actually send the btc, not when you requested it
    Comment
    • Lord_Mar7
      SBR High Roller
      • 11-08-19
      • 174

      #3
      Originally posted by DroopyDog
      its determined at the time they actually send the btc, not when you requested it
      Correct me if I'm wrong, but from my scenario above, I would actually have more BTC in my wallet (i.e. 1.11 as opposed to 1.02) at the equivalent $ amount. I wouldn't be losing any money, just a fluctuation of the actual BTC count.

      Thanks for your help.
      Comment
      • BigOrange
        SBR Hall of Famer
        • 08-13-09
        • 6745

        #4
        Yes when they send, they will send 9.5k worth of bitcoin. The fluctuation from when they actually send and you receive it will determine the final value of what you receive.
        Comment
        • Lord_Mar7
          SBR High Roller
          • 11-08-19
          • 174

          #5
          Originally posted by BigOrange
          Yes when they send, they will send 9.5k worth of bitcoin. The fluctuation from when they actually send and you receive it will determine the final value of what you receive.
          Awesome - great info, thank you!
          Comment
          • eddycash
            SBR MVP
            • 11-06-13
            • 4527

            #6
            Please let us know when you receive the funds so I can be confident in Bovada for future withdrawals. Thanks.
            Comment
            • Lord_Mar7
              SBR High Roller
              • 11-08-19
              • 174

              #7
              Originally posted by eddycash
              Please let us know when you receive the funds so I can be confident in Bovada for future withdrawals. Thanks.
              Will do. I'm seeing people say 1-2 weeks for newer clients/bigger withdrawal amounts is typical for Bovada. Smaller amounts and long term clients is quicker.

              Nonetheless, they don't seem to be in any rush.
              Comment
              • Hu$tle
                SBR MVP
                • 03-31-15
                • 1365

                #8
                first withdrawals always take the longest after the first one it is smooth sailing. they are checking if they have any reason they can stiff/deny you (multis/cheating)
                Comment
                • Lord_Mar7
                  SBR High Roller
                  • 11-08-19
                  • 174

                  #9
                  Originally posted by Hu$tle
                  first withdrawals always take the longest after the first one it is smooth sailing. they are checking if they have any reason they can stiff/deny you (multis/cheating)
                  11 days still no payout. Can you explain what multis is? I put a 360$ bet on the Nationals and 1 other MLB team to win it all in July. Stroke of luck, if you will
                  Comment
                  • DroopyDog
                    SBR MVP
                    • 11-03-16
                    • 1255

                    #10
                    multi accounts
                    Comment
                    • Optional
                      Administrator
                      • 06-10-10
                      • 61146

                      #11
                      Originally posted by Lord_Mar7

                      11 days still no payout. Can you explain what multis is? I put a 360$ bet on the Nationals and 1 other MLB team to win it all in July. Stroke of luck, if you will
                      Please submit a sportsbook complaint form with your details and SBR can ask a manager to check on the long delay for you

                      .
                      Comment
                      • Lord_Mar7
                        SBR High Roller
                        • 11-08-19
                        • 174

                        #12
                        Originally posted by Optional
                        Please submit a sportsbook complaint form with your details and SBR can ask a manager to check on the long delay for you

                        https://www.sportsbookreview.com/sportsbook-complaint/
                        Thank you - I submitted one about 3 or 4 days ago. Should I submit another?

                        I'm going to call Bovada in a day or 2....
                        Comment
                        • DroopyDog
                          SBR MVP
                          • 11-03-16
                          • 1255

                          #13
                          Bovada slow paying? Color me not surprised.

                          You have way more patience than I would have.
                          Comment
                          • Lord_Mar7
                            SBR High Roller
                            • 11-08-19
                            • 174

                            #14
                            Originally posted by DroopyDog
                            Bovada slow paying? Color me not surprised.

                            You have way more patience than I would have.
                            I appreciate that lol. This is my 1st time withdrawing so I'm trying to be patient.

                            Do personal books have this much of a grace period? lol
                            Comment
                            • PaperTrail07
                              SBR Posting Legend
                              • 08-29-08
                              • 20423

                              #15
                              insane to me people don't test the water first....before I EVER make a deposit I jump through EVERY cash out hoop and make sure that its recorded via chat ect.....reask customer service-is there anything else Ill need to to-I want to be able to cash out without a hassle ect...
                              Originally posted by Lord_Mar7
                              I appreciate that lol. This is my 1st time withdrawing so I'm trying to be patient.

                              Do personal books have this much of a grace period? lol
                              Comment
                              • Lord_Mar7
                                SBR High Roller
                                • 11-08-19
                                • 174

                                #16
                                Originally posted by PaperTrail07
                                insane to me people don't test the water first....before I EVER make a deposit I jump through EVERY cash out hoop and make sure that its recorded via chat ect.....reask customer service-is there anything else Ill need to to-I want to be able to cash out without a hassle ect...
                                I will call them on the 13th.

                                Emailed them twice - 1st response was "be patient, delay in withdrawals". 2nd response was general. I already told them if it takes this long in the future they will lose my business.
                                Comment
                                • PaperTrail07
                                  SBR Posting Legend
                                  • 08-29-08
                                  • 20423

                                  #17
                                  They could care less LOL....in the future----jump the hoops they want jumped---then play ball.....just my 2 cents...... Gl with your cashout
                                  Originally posted by Lord_Mar7
                                  I will call them on the 13th.

                                  Emailed them twice - 1st response was "be patient, delay in withdrawals". 2nd response was general. I already told them if it takes this long in the future they will lose my business.
                                  Comment
                                  • Lord_Mar7
                                    SBR High Roller
                                    • 11-08-19
                                    • 174

                                    #18
                                    Originally posted by PaperTrail07
                                    They could care less LOL....in the future----jump the hoops they want jumped---then play ball.....just my 2 cents...... Gl with your cashout
                                    Of course - because they know it's a lose/lose for them
                                    Comment
                                    • Optional
                                      Administrator
                                      • 06-10-10
                                      • 61146

                                      #19
                                      Originally posted by Lord_Mar7

                                      I appreciate that lol. This is my 1st time withdrawing so I'm trying to be patient.

                                      Do personal books have this much of a grace period? lol
                                      They are often slow on the first one.

                                      Check the official payout reports thread to get a real idea how long it takes normally
                                      .
                                      Comment
                                      • Lord_Mar7
                                        SBR High Roller
                                        • 11-08-19
                                        • 174

                                        #20
                                        Originally posted by Optional
                                        They are often slow on the first one.

                                        Check the official payout reports thread to get a real idea how long it takes normally
                                        I checked back a few months - most seem to be within 72 hours. We'll see what Bovada has to say to me on day 13.
                                        Comment
                                        • Lord_Mar7
                                          SBR High Roller
                                          • 11-08-19
                                          • 174

                                          #21
                                          Contacted Bovada via phone - was told there was a lot of transactions in the queue. Day 13. The rep told me to wait another day or 2. She was nice at least.

                                          Hopefully by Friday?
                                          Comment
                                          • Lord_Mar7
                                            SBR High Roller
                                            • 11-08-19
                                            • 174

                                            #22
                                            If I can get an assist on the SBR complaint I filled out 11/8 that would be fantastic. Thank you.

                                            Comment
                                            • Optional
                                              Administrator
                                              • 06-10-10
                                              • 61146

                                              #23
                                              Originally posted by Lord_Mar7
                                              If I can get an assist on the SBR complaint I filled out 11/8 that would be fantastic. Thank you.

                                              Would you please reply to the complaint confirmation email and ask for an update?

                                              That goes directly to the right person.
                                              .
                                              Comment
                                              • Lord_Mar7
                                                SBR High Roller
                                                • 11-08-19
                                                • 174

                                                #24
                                                Originally posted by Optional
                                                Would you please reply to the complaint confirmation email and ask for an update?

                                                That goes directly to the right person.
                                                Email sent. Day 15. Still winning $$ with Bovada. Am I ever going to see any of my money? lol
                                                Comment
                                                • Lord_Mar7
                                                  SBR High Roller
                                                  • 11-08-19
                                                  • 174

                                                  #25
                                                  Day 18 no payout
                                                  Comment
                                                  • DroopyDog
                                                    SBR MVP
                                                    • 11-03-16
                                                    • 1255

                                                    #26
                                                    This is disappointing on 2 fronts, Bovada simply stalling and slow paying..... did they deduct the funds from your balance? or have they left it in there hoping you lose it?

                                                    And secondly, SBR seemingly doing very little with a long time sponsor
                                                    Comment
                                                    • Lord_Mar7
                                                      SBR High Roller
                                                      • 11-08-19
                                                      • 174

                                                      #27
                                                      Originally posted by DroopyDog
                                                      This is disappointing on 2 fronts, Bovada simply stalling and slow paying..... did they deduct the funds from your balance? or have they left it in there hoping you lose it?

                                                      And secondly, SBR seemingly doing very little with a long time sponsor
                                                      Funds have been deducted from balance.

                                                      Day 19 - still in review and no word from SBR. I am not placing any further bets until the majority (or all) of my money has been released to me.

                                                      Thanks for your help.
                                                      Comment
                                                      • Lord_Mar7
                                                        SBR High Roller
                                                        • 11-08-19
                                                        • 174

                                                        #28
                                                        • 11:45:30V. N.Thank you for verifying your account. Let me take a look into. Please wait for me on the line up to 90 seconds.
                                                        • 11:46:38Lord_Mar7 Thank you
                                                        • 11:57:40V. N.Your withdrawal request via Bitcoin with Reference Number xxxxxxx is still on the review process, but an update isn't available yet. All withdrawal requests take approximately 24-48 hours to review, but the timeframe is an estimate and subject to the volume of our queue. When an update is available, you'll be notified via account message.

                                                        • 11:58:33Lord_Mar7 Yes, I've heard this before. Can we please expedite this? Day 20, too long.
                                                        • 12:00:26V. N. Unfortunately, I don't have any information about it. I need to get in contact with another department. Please wait for me on the line for 90 seconds.
                                                        • 12:00:57Lord_Mar7 Thank you
                                                        • 12:03:26V. N. Unfortunately there isn't an agent available to call you at this time, but I'm happy to make a call-back request on your behalf. They take approximately 24-48 hours to be returned and the time-frame is subject to the volume of requests in the queue. Would you like me to make one?


                                                        • 12:04:54V. N.If I don't receive a quick message to let me know you still need assistance, you will receive an auto-expiration message in 30 seconds for our chat session. Please let me know if you still need help.
                                                        Comment
                                                        • BeatTheJerk
                                                          BARRELED IN @ SBR!
                                                          • 08-19-07
                                                          • 31794

                                                          #29
                                                          F.u.c.k them, they loss my business vicariously through you good job Bovada (not).
                                                          Comment
                                                          • Lord_Mar7
                                                            SBR High Roller
                                                            • 11-08-19
                                                            • 174

                                                            #30
                                                            Any help from SBR would be appreciated. Thank you.
                                                            Comment
                                                            • bitcoinLuke
                                                              SBR Sharp
                                                              • 05-12-17
                                                              • 390

                                                              #31
                                                              I'm not sure which is worse, that Bovada is on day 20 with no payout or the SBRforum is on day 13 with no help to this guy after he filled out a complaint form.

                                                              Like seriously, what takes two weeks to get this guy some help? I bet it didnt take two weeks for you to respond to their sponsor inquires
                                                              Comment
                                                              • Pinoy-T-X
                                                                SBR MVP
                                                                • 10-28-12
                                                                • 2176

                                                                #32
                                                                Wow! That’s some Fooked up shyte!
                                                                Comment
                                                                • BeatTheJerk
                                                                  BARRELED IN @ SBR!
                                                                  • 08-19-07
                                                                  • 31794

                                                                  #33
                                                                  Back in the day Bill Dozer was in charge of the Sportsbook complaints & it always felt like he was our lawyer representing us offshore. Now it’s like a shit for nothing public defender.
                                                                  Comment
                                                                  • Lord_Mar7
                                                                    SBR High Roller
                                                                    • 11-08-19
                                                                    • 174

                                                                    #34
                                                                    Originally posted by bitcoinLuke
                                                                    I'm not sure which is worse, that Bovada is on day 20 with no payout or the SBRforum is on day 13 with no help to this guy after he filled out a complaint form.

                                                                    Like seriously, what takes two weeks to get this guy some help? I bet it didnt take two weeks for you to respond to their sponsor inquires
                                                                    Well, SBR doesn't owe me anything. I am planning to go Pro, ideally, if this gets resolved.

                                                                    Bovada DOES owe me.
                                                                    Comment
                                                                    • DroopyDog
                                                                      SBR MVP
                                                                      • 11-03-16
                                                                      • 1255

                                                                      #35
                                                                      Lord Mar, again, sorry you are going thru this. I would be going scorched earth by now if it were me.

                                                                      Hopfully you are paid soon, and you'd be smart to find a better sportsbook to play at. I recommend Bookmaker, Heritage, 5dimes... forget bovada
                                                                      Comment
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