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

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  • JAKEPEAVY21
    BARRELED IN @ SBR!
    • 03-11-11
    • 29433

    #36
    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.
    shame they are such shady characters because they actually have some decent poker tournaments compared to the other sites available to us in the states
    Comment
    • BrickJames
      SBR Hall of Famer
      • 05-05-11
      • 9749

      #37
      How can they have solvency issues? The poker rake alone there must be about 5k per minute.

      Why not just cash guys out and have happy customers?
      Comment
      • JAKEPEAVY21
        BARRELED IN @ SBR!
        • 03-11-11
        • 29433

        #38
        Originally posted by BrickJames
        How can they have solvency issues? The poker rake alone there must be about 5k per minute.

        Why not just cash guys out and have happy customers?
        no kidding I don't understand either...
        Comment
        • SBR Forum
          Administrator
          • 12-02-06
          • 4558

          #39
          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.
          Thanks for the feedback guys. Remember that bitcoin payouts were only recently added; this process will be more streamlined at Bovada soon to be on par with what you experience from other fiat sportsbooks. We've passed all feedback on to management.
          Comment
          • JAKEPEAVY21
            BARRELED IN @ SBR!
            • 03-11-11
            • 29433

            #40
            Originally posted by SBR Forum
            Thanks for the feedback guys. Remember that bitcoin payouts were only recently added; this process will be more streamlined at Bovada soon to be on par with what you experience from other fiat sportsbooks. We've passed all feedback on to management.
            thank you
            Comment
            • jjgold
              SBR Aristocracy
              • 07-20-05
              • 388208

              #41
              Hopefully SBR administration will get Bovada to give you guys a better bitcoin experience

              I think they will
              Comment
              • BrickJames
                SBR Hall of Famer
                • 05-05-11
                • 9749

                #42
                Why are they slow rolling the BTC payouts so hard?
                Comment
                • JAKEPEAVY21
                  BARRELED IN @ SBR!
                  • 03-11-11
                  • 29433

                  #43
                  still nothing

                  requested at about 5:30 am PST on wednesday
                  Comment
                  • daneblazer
                    BARRELED IN @ SBR!
                    • 09-14-08
                    • 27862

                    #44
                    Bovada catches some rightful heat, but they're the best poker option for most US players and have always been a payout machine. I wouldn't worry about being paid.
                    Comment
                    • Ghenghis Kahn
                      SBR Posting Legend
                      • 01-02-12
                      • 19736

                      #45
                      it's been 60 hours and counting. mother fukkers!!!!
                      Comment
                      • Ghenghis Kahn
                        SBR Posting Legend
                        • 01-02-12
                        • 19736

                        #46
                        Originally posted by daneblazer
                        Bovada catches some rightful heat, but they're the best poker option for most US players and have always been a payout machine. I wouldn't worry about being paid.
                        i don't think you understand bitcoin. we should've got paid at $450 not at $460 or worse.
                        Comment
                        • daneblazer
                          BARRELED IN @ SBR!
                          • 09-14-08
                          • 27862

                          #47
                          Originally posted by Ghenghis Kahn
                          i don't think you understand bitcoin. we should've got paid at $450 not at $460 or worse.

                          Far from an expert, but I understand it enough. This could just be a procedural issue since it's something fairly new to them. I do wish they would take the funds out of your available balance once you request a withdrawal...I don't doubt they hope people will say F it and head to the casino for some cherry master slots
                          Comment
                          • Ghenghis Kahn
                            SBR Posting Legend
                            • 01-02-12
                            • 19736

                            #48
                            fukk my payout gets reset but i couldn't pass up this number... fu bovada!!!

                            Single #xxxxxxxx

                            Basketball - NBA Playoffs - Point Spread
                            Miami Heat @ Toronto Raptors
                            Toronto Raptors -4.0 (-110) May 15, 2016 12:30PM



                            $550.00
                            $500.00
                            Comment
                            • The Giant
                              SBR Posting Legend
                              • 01-21-12
                              • 21480

                              #49
                              At least the option is available now.

                              Hopefully they figure out how to speed things up in the future.
                              Comment
                              • Ghenghis Kahn
                                SBR Posting Legend
                                • 01-02-12
                                • 19736

                                #50
                                Originally posted by The Giant
                                At least the option is available now.

                                Hopefully they figure out how to speed things up in the future.
                                well this delay will be +$500 or -$550 so we'll see... this is what they wanted and i fell for the trap. i got lured in for half a fukking point.
                                Comment
                                • The Giant
                                  SBR Posting Legend
                                  • 01-21-12
                                  • 21480

                                  #51
                                  Originally posted by Ghenghis Kahn
                                  well this delay will be +$500 or -$550 so we'll see... this is what they wanted and i fell for the trap. i got lured in for half a fukking point.
                                  It's surprising that Bovada of all books would give you a good number on the favorite.

                                  People must be clicking Miami like crazy.
                                  Comment
                                  • Ghenghis Kahn
                                    SBR Posting Legend
                                    • 01-02-12
                                    • 19736

                                    #52
                                    Originally posted by The Giant
                                    It's surprising that Bovada of all books would give you a good number on the favorite.

                                    People must be clicking Miami like crazy.
                                    yup, miami has to be a huge public dog.
                                    Comment
                                    • KVB
                                      SBR Aristocracy
                                      • 05-29-14
                                      • 74866

                                      #53
                                      Comment
                                      • Ghenghis Kahn
                                        SBR Posting Legend
                                        • 01-02-12
                                        • 19736

                                        #54
                                        now just hoping bitcoin doesn't make a huge move within the next 100 hours. fu bovada!!! you mofos!!!
                                        Comment
                                        • The Giant
                                          SBR Posting Legend
                                          • 01-21-12
                                          • 21480

                                          #55
                                          Don't they quote you a price when you withdraw?
                                          Comment
                                          • Ghenghis Kahn
                                            SBR Posting Legend
                                            • 01-02-12
                                            • 19736

                                            #56
                                            Originally posted by The Giant
                                            Don't they quote you a price when you withdraw?
                                            nope, not at all. 2 minutes after i placed the bet, they sent me an email telling me my withdrawal's been cancelled. lol bofukkingvada.
                                            Comment
                                            • daneblazer
                                              BARRELED IN @ SBR!
                                              • 09-14-08
                                              • 27862

                                              #57
                                              Originally posted by Ghenghis Kahn
                                              fukk my payout gets reset but i couldn't pass up this number... fu bovada!!!

                                              Single #xxxxxxxx

                                              Basketball - NBA Playoffs - Point Spread
                                              Miami Heat @ Toronto Raptors
                                              Toronto Raptors -4.0 (-110) May 15, 2016 12:30PM



                                              $550.00
                                              $500.00
                                              Costly mistake for Bovada
                                              Comment
                                              • JAKEPEAVY21
                                                BARRELED IN @ SBR!
                                                • 03-11-11
                                                • 29433

                                                #58
                                                4.5 days later and bitcoin payout finally received
                                                Comment
                                                • milwaukee mike
                                                  BARRELED IN @ SBR!
                                                  • 08-22-07
                                                  • 27271

                                                  #59
                                                  Originally posted by JAKEPEAVY21
                                                  4.5 days later and bitcoin payout finally received
                                                  good to hear

                                                  still much better than waiting 3 weeks for canadian check that takes another 6 weeks to clear, with fees all over the place
                                                  Comment
                                                  • themike78
                                                    SBR MVP
                                                    • 07-01-13
                                                    • 4883

                                                    #60
                                                    Wow 4.5 days for bitcoin payout. I did one at nitrogen other day at 3 in the morning and hat it hit my wallet at 3:04. Bovada has some issues. They even do the same thing with "rapid transfer" Pathetic.
                                                    Comment
                                                    • JAKEPEAVY21
                                                      BARRELED IN @ SBR!
                                                      • 03-11-11
                                                      • 29433

                                                      #61
                                                      Originally posted by milwaukee mike
                                                      good to hear

                                                      still much better than waiting 3 weeks for canadian check that takes another 6 weeks to clear, with fees all over the place
                                                      thanks

                                                      agree but still pretty foul
                                                      Comment
                                                      • Ghenghis Kahn
                                                        SBR Posting Legend
                                                        • 01-02-12
                                                        • 19736

                                                        #62
                                                        Originally posted by JAKEPEAVY21
                                                        thanks

                                                        agree but still pretty foul
                                                        congrats!!! what price did they give you?
                                                        Comment
                                                        • The Giant
                                                          SBR Posting Legend
                                                          • 01-21-12
                                                          • 21480

                                                          #63
                                                          Yeah, I'm curious if Jake got the price from 4.5 days ago, or today.
                                                          Comment
                                                          • JAKEPEAVY21
                                                            BARRELED IN @ SBR!
                                                            • 03-11-11
                                                            • 29433

                                                            #64
                                                            they gave me the current price
                                                            Comment
                                                            • The Giant
                                                              SBR Posting Legend
                                                              • 01-21-12
                                                              • 21480

                                                              #65
                                                              That doesn't seem right.

                                                              I hope the price improved at least.
                                                              Comment
                                                              • JAKEPEAVY21
                                                                BARRELED IN @ SBR!
                                                                • 03-11-11
                                                                • 29433

                                                                #66
                                                                I would expect nothing less from them
                                                                Comment
                                                                • habitualwinning
                                                                  SBR MVP
                                                                  • 01-22-12
                                                                  • 1569

                                                                  #67
                                                                  Originally posted by milwaukee mike

                                                                  good to hear

                                                                  still much better than waiting 3 weeks for canadian check that takes another 6 weeks to clear, with fees all over the place
                                                                  You ain't kidding about that. I used to use Bodog a few years back when I first started gambling, before I found this site and the better books and they bounced 2 checks on me back to back. I had to wait like 90 days to finally get paid and it was only for about $900. I'll never use them again. I don't care if they have the best poker for Americans or good dog lines. It's not worth the hassle, the waiting, the bad customer service, the errors on their end etc. Unless they ever figure out BTC and get legit with it like Nitrogen, Heritage etc. are. I'll never even consider using Bodog/Bovada again. If you spend time reading through threads on this site the majority of complaints are against that book. They don't care about their customers cause if they did they would've fixed all the errors and complaints by now.

                                                                  Originally posted by JAKEPEAVY21
                                                                  they gave me the current price
                                                                  That's really shady and unprofessional. They should've at least given you a quote when you initiated the payout and honored that. Why should the player be subject to volatility in currency due to it taking them so long to complete a transaction? Other books get it right, why can't they? Mickey Mouse book.
                                                                  Comment
                                                                  • Ghenghis Kahn
                                                                    SBR Posting Legend
                                                                    • 01-02-12
                                                                    • 19736

                                                                    #68
                                                                    Originally posted by The Giant
                                                                    That doesn't seem right.

                                                                    I hope the price improved at least.
                                                                    yeah bitcoin went up ~$10 so jake got less.
                                                                    Comment
                                                                    • Optional
                                                                      Administrator
                                                                      • 06-10-10
                                                                      • 62249

                                                                      #69
                                                                      I don't think you guys have thought this through if you actually want to be given a btc price at the moment you request a withdraw rather than given the correct price to receive all your money at the moment of payment.

                                                                      There would be waves of complaints from players if Bovada tried to operate the way being suggested.
                                                                      .
                                                                      Comment
                                                                      • JAKEPEAVY21
                                                                        BARRELED IN @ SBR!
                                                                        • 03-11-11
                                                                        • 29433

                                                                        #70
                                                                        Originally posted by Ghenghis Kahn
                                                                        yeah bitcoin went up ~$10 so jake got less.
                                                                        payout was 4 figures so they shorted me at least $20

                                                                        I might raise some more hell with them today for fun
                                                                        Comment
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