Bovada will Accept Deposits in BTC but will not Pay in BTC? Are they for real?

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • BrickJames
    SBR Hall of Famer
    • 05-05-11
    • 9749

    #1
    Bovada will Accept Deposits in BTC but will not Pay in BTC? Are they for real?


    Is this a joke?
  • smittyallsports
    SBR High Roller
    • 08-13-13
    • 136

    #2
    Excuse me for being a moron... but wtf is btc?
    Comment
    • BrickJames
      SBR Hall of Famer
      • 05-05-11
      • 9749

      #3
      Bitcoin
      Comment
      • Russian Rocket
        SBR Aristocracy
        • 09-02-12
        • 43910

        #4
        Bovada is a "waste of time" book

        not sure why people still gamble there
        Comment
        • SBR Forum
          Administrator
          • 12-02-06
          • 4558

          #5
          Update: Looks like Bovada have added bitcoin withdrawals but the option appears only if you have previously deposited with bitcoin.
          Comment
          • BrickJames
            SBR Hall of Famer
            • 05-05-11
            • 9749

            #6
            Originally posted by Russian Rocket
            Bovada is a "waste of time" book

            not sure why people still gamble there
            Not much choice if you play poker.

            I play poker, bet sports and ponies and play double double bonus VP so really no other option for me.
            Comment
            • BrickJames
              SBR Hall of Famer
              • 05-05-11
              • 9749

              #7
              Originally posted by SBR Forum
              Correct, it is a deposit only option for now: http://www.sportsbookreview.com/spor...eposits-71320/

              We do know Bovada plans to offer payouts in BTC but there is no established date.
              Thank you. Please keep us updated.
              Comment
              • Russian Rocket
                SBR Aristocracy
                • 09-02-12
                • 43910

                #8
                Originally posted by BrickJames
                Not much choice if you play poker.

                I play poker, bet sports and ponies and play double double bonus VP so really no other option for me.
                I'm not that familiar with a poker side of things with these books, but try Nitrogen (Bitcoin only book)...I heard some folks liked their poker tourneys
                Comment
                • raiders72001
                  Senior Member
                  • 08-10-05
                  • 11146

                  #9
                  Originally posted by Russian Rocket
                  I'm not that familiar with a poker side of things with these books, but try Nitrogen (Bitcoin only book)...I heard some folks liked their poker tourneys
                  I play at Nitrogen and Betcoinsports for poker. Both have free rolls.
                  Comment
                  • Ghenghis Kahn
                    SBR Posting Legend
                    • 01-02-12
                    • 19734

                    #10
                    ummm... they added bitcoin option. i just cashed out using bitcoin option last night. it said it takes up to 72 hours though. we'll see how long it takes. the funds are still not taken out. just waiting for me to lose before the 72 hours probably. i had the worst of the worst beats in poker last night. the dreaded doom switch was turned on, no joke... these bastards are shady as fukk.
                    Comment
                    • eidolon
                      SBR Hall of Famer
                      • 01-02-08
                      • 9531

                      #11
                      Kinda odd.
                      If they are only accepting deposits, WTF are they doing with all the Bitcoins? sounds pretty fukking shady to me.
                      Comment
                      • Ghenghis Kahn
                        SBR Posting Legend
                        • 01-02-12
                        • 19734

                        #12
                        they do have bitcoin withdrawal option but you must first deposit using bitcoin or else that option doesn't show up.
                        Comment
                        • BrickJames
                          SBR Hall of Famer
                          • 05-05-11
                          • 9749

                          #13
                          Originally posted by Ghenghis Kahn
                          they do have bitcoin withdrawal option but you must first deposit using bitcoin or else that option doesn't show up.
                          Kahn thank you. you are absolutely right! this must be brand new!
                          Comment
                          • BrickJames
                            SBR Hall of Famer
                            • 05-05-11
                            • 9749

                            #14
                            Originally posted by raiders72001
                            I play at Nitrogen and Betcoinsports for poker. Both have free rolls.
                            Nitrogen is cool and i have played there but they have NOTHING on bovada as far as steaks and sheer # of players.
                            Comment
                            • BrickJames
                              SBR Hall of Famer
                              • 05-05-11
                              • 9749

                              #15
                              mods please delete thread. sorry for confusion
                              Comment
                              • Courtesywipe
                                SBR MVP
                                • 09-02-11
                                • 1623

                                #16
                                This sounds like a lot of the wanna be sports books. hrwager, bet mania, betphoniex, skybook, ect. These places will except intstant deposits, but will not pay out with bitcoin. Really no reasons to play at shops like that anymore.
                                Comment
                                • themike78
                                  SBR MVP
                                  • 07-01-13
                                  • 4873

                                  #17
                                  Bovada has been slow paying customers since 1999 when they were bodog. Most overrated book ever. Fuk them.
                                  Comment
                                  • TheMoneyShot
                                    BARRELED IN @ SBR!
                                    • 02-14-07
                                    • 28672

                                    #18
                                    They want money coming in

                                    No money going out though

                                    Comment
                                    • SBRMAN23
                                      SBR Hall of Famer
                                      • 01-07-11
                                      • 6906

                                      #19
                                      THis book i tell u keeps blowing me away and not in a good way
                                      Comment
                                      • QuantumLeap
                                        SBR Hall of Famer
                                        • 08-22-08
                                        • 6880

                                        #20
                                        Originally posted by TheMoneyShot
                                        They want money coming in

                                        No money going out though

                                        They are the Roach Motel of books. Remember that commercial? Roaches check in but they don't check out. Except with Bovada it's money gets checked in but doesn't get checked out.
                                        Comment
                                        • Optional
                                          Administrator
                                          • 06-10-10
                                          • 61747

                                          #21
                                          Originally posted by Ghenghis Kahn
                                          they do have bitcoin withdrawal option but you must first deposit using bitcoin or else that option doesn't show up.
                                          ^^^ Maybe some of you missed this
                                          .
                                          Comment
                                          • JAKEPEAVY21
                                            BARRELED IN @ SBR!
                                            • 03-11-11
                                            • 29319

                                            #22
                                            Originally posted by Optional
                                            ^^^ Maybe some of you missed this
                                            almost 72 hours now and funds still in acct from a bitcoin payout...what a joke
                                            Comment
                                            • JAKEPEAVY21
                                              BARRELED IN @ SBR!
                                              • 03-11-11
                                              • 29319

                                              #23
                                              Comment
                                              • Russian Rocket
                                                SBR Aristocracy
                                                • 09-02-12
                                                • 43910

                                                #24
                                                Originally posted by JAKEPEAVY21
                                                almost 72 hours now and funds still in acct from a bitcoin payout...what a joke
                                                just pathetic...all they gotta do is hit the button

                                                obviously trying to slow pay, so you lose your money without ever getting anything back
                                                Comment
                                                • jjgold
                                                  SBR Aristocracy
                                                  • 07-20-05
                                                  • 388179

                                                  #25
                                                  These regular books got to learn from Bitcoin books on how to do it

                                                  It cannot be hard
                                                  Comment
                                                  • JAKEPEAVY21
                                                    BARRELED IN @ SBR!
                                                    • 03-11-11
                                                    • 29319

                                                    #26
                                                    Originally posted by Russian Rocket
                                                    just pathetic...all they gotta do is hit the button

                                                    obviously trying to slow pay, so you lose your money without ever getting anything back
                                                    I know and it is pissing me off now...now they are telling me 72 hours to "review and approve" a payout is just a time frame and sometimes takes longer. penetrate these snake oil salesmen...no wonder they are rated so poorly..my mistake for giving them another chance after not doing business with them for years.
                                                    Comment
                                                    • vividjohn45
                                                      SBR Hall of Famer
                                                      • 11-21-10
                                                      • 6331

                                                      #27
                                                      Doesnt bitcoims flucuate in price? So not only to come out a winner you have to beat book or casino odds and then hope bitcoin prices dont swing downwards on ir bankroll or winnings. Pass.
                                                      Comment
                                                      • Optional
                                                        Administrator
                                                        • 06-10-10
                                                        • 61747

                                                        #28
                                                        Originally posted by JAKEPEAVY21
                                                        almost 72 hours now and funds still in acct from a bitcoin payout...what a joke
                                                        If you would like SBR to check out what the holdup is just shoot in your account ID

                                                        Originally posted by vividjohn45
                                                        Doesnt bitcoims flucuate in price? So not only to come out a winner you have to beat book or casino odds and then hope bitcoin prices dont swing downwards on ir bankroll or winnings. Pass.
                                                        When the bitcoin is added to your account it is credited as US$ so you are not concerned with the price changes.

                                                        The time between buying it and it being credited. And the time between being paid out in bitcoin and you converting it to US$ is when you are affected by price changes.
                                                        .
                                                        Comment
                                                        • Ghenghis Kahn
                                                          SBR Posting Legend
                                                          • 01-02-12
                                                          • 19734

                                                          #29
                                                          Originally posted by JAKEPEAVY21
                                                          I know and it is pissing me off now...now they are telling me 72 hours to "review and approve" a payout is just a time frame and sometimes takes longer. penetrate these snake oil salesmen...no wonder they are rated so poorly..my mistake for giving them another chance after not doing business with them for years.
                                                          yeah my withdrawals still in my account also. usually they approve it within hours. these aholes are just letting it sit there. why? my only guess is so that you'll lose it somehow. we shouldn't get bitcoin price at 3 to 4 days later.
                                                          Comment
                                                          • BrickJames
                                                            SBR Hall of Famer
                                                            • 05-05-11
                                                            • 9749

                                                            #30
                                                            They jerked me around pretty good a couple months back on a **** Fast Funds withdrawal.
                                                            Comment
                                                            • BrickJames
                                                              SBR Hall of Famer
                                                              • 05-05-11
                                                              • 9749

                                                              #31
                                                              .....and I mean over a month. Fast Funds my a$$
                                                              Comment
                                                              • JAKEPEAVY21
                                                                BARRELED IN @ SBR!
                                                                • 03-11-11
                                                                • 29319

                                                                #32
                                                                Originally posted by Optional
                                                                If you would like SBR to check out what the holdup is just shoot in your account ID



                                                                When the bitcoin is added to your account it is credited as US$ so you are not concerned with the price changes.

                                                                The time between buying it and it being credited. And the time between being paid out in bitcoin and you converting it to US$ is when you are affected by price changes.
                                                                ok I filed a claim, optional..thanks

                                                                this is ridiculous
                                                                Comment
                                                                • JAKEPEAVY21
                                                                  BARRELED IN @ SBR!
                                                                  • 03-11-11
                                                                  • 29319

                                                                  #33
                                                                  Originally posted by Ghenghis Kahn
                                                                  yeah my withdrawals still in my account also. usually they approve it within hours. these aholes are just letting it sit there. why? my only guess is so that you'll lose it somehow. we shouldn't get bitcoin price at 3 to 4 days later.
                                                                  that is exactly their tactic and I called them out on it and they got all butt hurt
                                                                  Comment
                                                                  • Ghenghis Kahn
                                                                    SBR Posting Legend
                                                                    • 01-02-12
                                                                    • 19734

                                                                    #34
                                                                    Originally posted by JAKEPEAVY21
                                                                    that is exactly their tactic and I called them out on it and they got all butt hurt
                                                                    well i left $500 for poker and got great starting hands that never connected hand after hand. i almost dipped into the original cashout amount. argh... not touching it though. i almost fell into their trap.
                                                                    Comment
                                                                    • JAKEPEAVY21
                                                                      BARRELED IN @ SBR!
                                                                      • 03-11-11
                                                                      • 29319

                                                                      #35
                                                                      Originally posted by Ghenghis Kahn
                                                                      well i left $500 for poker and got great starting hands that never connected hand after hand. i almost dipped into the original cashout amount. argh... not touching it though. i almost fell into their trap.
                                                                      don't do it, Ghenghis!!

                                                                      Fight the Power!!
                                                                      Comment
                                                                      Search
                                                                      Collapse
                                                                      SBR Contests
                                                                      Collapse
                                                                      Top-Rated US Sportsbooks
                                                                      Collapse
                                                                      Working...