Let's Update: The Fastest Books In Processing Bitcoin

[TheMoneyShot]

Well, I know we won't see Heritage in the top 10. Today I requested a $3k (max at Heritage) BC payout and they rejected it because my last deposit was via debit card. They will only payout via paper checks or ** lol. Very small time and old school operation apparently. I frankly don't understand why they are so highly rated on SBR. I'm done with them when I finish withdrawing the rest of my balance, one paper check at a time...

Rock... you're grading too rough on Heritage. Just like Opti said... most shops won't let you receive a PO with Bitcoin unless you made a deposit with bitcoin.

If you funded your Heritage acct with Bitcoin... you'd be dancing in the street with how quickly they pay with Bitcoin. They have low vig at -105. You must ask for this on your acct. What more could you want?

Only book that let's you receive a PO with Bitcoin... when funding using a different method is Bookmaker. But make sure you check with customer service before doing so. (Any book can change the rules... daily.)

[RocketMan$$$]

5 dimes BTC oaytout 4 days that is a little long

[Kazoey]

5 dimes BTC oaytout 4 days that is a little long

I think it would have taken 3 days but I didnt recognize the call. It came from a 4 digit number, no message. I am still waiting on one from two nights ago. Looks like they are going to stretch it the full 48 at least before starting the process.

Bovada always claims 48 hours but in my experience it has never taken more than 8 hours, usually less.


Hell, I had one from a big parlay on the dreaded sportsbook.com that was faster than 5d.

[JaimeMiro]

Bookmaker 1-2 hrs; no cashouts on weekends sucks

[Hman]

Bookmaker 1-2 hrs; no cashouts on weekends sucks

No cashouts at all on wknds or just Bitcoin?

[BrickJames]

Fairlay hands down.

Instant

[JoeCool20]

How much is the huge tank in bitcoin costing you people?

[Optional]

How much is the huge tank in bitcoin costing you people?

As sports bettors who only use Bitcoin to transfer funds, it doesn't matter what the spot rate is. It does not affect us.

[BrickJames]

As sports bettors who only use Bitcoin to transfer funds, it doesn't matter what the spot rate is. It does not affect us.

Unless you're using a book like nitrogen or fairlay that does not convert your crypto to USD.

[Hman]

How much is the huge tank in bitcoin costing you people?

I have lost money while Coinbase took their time about approving transfers.

But it could benefit you as well.

[Optional]

Unless you're using a book like nitrogen or fairlay that does not convert your crypto to USD.

True. I wasn't thinking about that.

That's kind of like an investment/risk choice though.

[temple2010]

bovada- 6 hours

[JoeCool20]

Originally Posted by JoeCool20
How much is the huge tank in bitcoin costing you people?



"As sports bettors who only use Bitcoin to transfer funds, it doesn't matter what the spot rate is. It does not affect us."




Oh I get it. If you bought one Bit coin for, say, 10 grand, then you put it in a sportsbook. Then if B-Coin tanked down to 5 grand when you got a payout, you'd get TWO Bcoins to make your $10 grand.

Nothing lost. i get it. It would only matter if you held it instead of converting it immediately.

[Optional]

Originally Posted by JoeCool20
How much is the huge tank in bitcoin costing you people?



"As sports bettors who only use Bitcoin to transfer funds, it doesn't matter what the spot rate is. It does not affect us."




Oh I get it. If you bought one Bit coin for, say, 10 grand, then you put it in a sportsbook. Then if B-Coin tanked down to 5 grand when you got a payout, you'd get TWO Bcoins to make your $10 grand.

Nothing lost. i get it. It would only matter if you held it instead of converting it immediately.

Yeah. In general people who only want to bet try to only own bitcoin for the shortest time possible.

When you buy it at an exchange, you can pretty much instantly deposit it to be converted back to US$ in a book. When withdrawing you are usually exposed to value fluctuations for 20 mins or so.

[mrpapageorgio]

Buddy of mine recently asked me to help him withdraw on 5D (basically gave him an address to my wallet to deposit the Bitcoin and sold it for him as he has no interest in bitcoin). Took 3 days from when he sent the withdrawal request to receive the confirmation email. Once he replied, took about 2 hours to hit my wallet. He used a DC to deposit and cashed out a hit and run bet on a +900 parlay so that may have been why it was an extra day.

As to what Optional is saying. The only price risk you face with Bitcoin if you're strictly using it as a transaction medium is if you're withdrawing and trying to sell on a day the price is actively tanking, but even then it's not often and a low risk to have a serious drop within the course of an hour or so to transfer and sell it once you receive it.

[JaimeMiro]

No cashouts at all on wknds or just Bitcoin?

Should be only btc,.

[jjgold]

Buddy of mine recently asked me to help him withdraw on 5D (basically gave him an address to my wallet to deposit the Bitcoin and sold it for him as he has no interest in bitcoin). Took 3 days from when he sent the withdrawal request to receive the confirmation email. Once he replied, took about 2 hours to hit my wallet. He used a DC to deposit and cashed out a hit and run bet on a +900 parlay so that may have been why it was an extra day.

As to what Optional is saying. The only price risk you face with Bitcoin if you're strictly using it as a transaction medium is if you're withdrawing and trying to sell on a day the price is actively tanking, but even then it's not often and a low risk to have a serious drop within the course of an hour or so to transfer and sell it once you receive it.

Bitcoin of most stable currencies last 2 months, basically a dead product which is good for gamblers

[icon]

Bookmaker 1-2 hrs; no cashouts on weekends sucks

I just requested my first ever bitcoin withdrawal from Bookmaker. Initiated 5 mins ago at 3:10PM Eastern Time.
Went to cashier page, entered requested amount of $500, then clicked on send PIN and instantly my phone rang with the payout verification code, entered the code and my request was approved and funds instantly removed from my available balance.

Expecting the bitcoin to hit my wallet in 2 hours or less as others have reported.

[icon]

I just requested my first ever bitcoin withdrawal from Bookmaker. Initiated 5 mins ago at 3:10PM Eastern Time.
Went to cashier page, entered requested amount of $500, then clicked on send PIN and instantly my phone rang with the payout verification code, entered the code and my request was approved and funds instantly removed from my available balance.

Expecting the bitcoin to hit my wallet in 2 hours or less as others have reported.

My Bookmaker bitcoin payout is still pending after 3 hours. So it wasn't received in less than 2 hours as others have reported. I'll update this when the payout is eventually received.

[hotcross]

How much is the huge tank in bitcoin costing you people?

[dens105]

bovada paid me in 5 hours, i had 5dimes pay in 2 days but thats about it. What amounts have you guys requested? Does it play a role with these books?

[Hman]

bovada paid me in 5 hours, i had 5dimes pay in 2 days but thats about it. What amounts have you guys requested? Does it play a role with these books?

Amounts play a role at some books but regardless some books are much faster than others.

[Hman]

Nitrogen and Betcoin are the two fastest that I use.

How fast on average Raiders?

I see a lot of praise for Bookmaker.

Are they just as fast?

[raiders72001]

How fast on average Raiders?

I see a lot of praise for Bookmaker.

Are they just as fast?

5 mins - 30 mins for both Betcoin and Nitrogen right now.

[Outsider626]

Does bookmaker ask for any documents?

[Hman]

5 mins - 30 mins for both Betcoin and Nitrogen right now.

All very fast.

Other books PLEASE take notice.

Crucial these days that all Offshore books concentrate on speedy payouts.

[littlekona]

All very fast.

Other books PLEASE take notice.

Crucial these days that all Offshore books concentrate on speedy payouts.

and then we have Fairlay which is the fastest of them all...The Usain Bolt of payouts! Plus lower Vig then any place listed here besides betfair Ac88 Family....For USA Fastest Is Fairlay (by a city block), AC88, Looselines(Jazz) and Nitro in that order

[Hman]

and then we have Fairlay which is the fastest of them all...The Usain Bolt of payouts! Plus lower Vig then any place listed here besides betfair Ac88 Family....For USA Fastest Is Fairlay (by a city block), AC88, Looselines(Jazz) and Nitro in that order

Do the books we are discussing limit the number of withdrawals per day/week/month & what about fees?

[mrpapageorgio]

Do the books we are discussing limit the number of withdrawals per day/week/month & what about fees?

That's the biggest concern if doing hit and run bets. Doesn't matter how fast the pay if it's going to cut into your winnings every time you hit and run. A 24 hour wait for free is better than paying a few bucks for instant (if you need the money that fast that bad, you shouldn't be betting).

[dante1]

I have lost money while Coinbase took their time about approving transfers.

But it could benefit you as well.

Hman, I am hesitant to use Coinbase because I thought I read they might cancel you if they believe it to be from an offshore book or if they think there might be some chance of money laundering. I am assuming that is simply a rumor????

[Hman]

Hman, I am hesitant to use Coinbase because I thought I read they might cancel you if they believe it to be from an offshore book or if they think there might be some chance of money laundering. I am assuming that is simply a rumor????

I'm sure they state that in their rules to cover their own butts legally, but i believe they finally figured our where much of their business was going to come from & decided they better take a step back & be more lenient.

First couple times i used then 2-3 years ago i got questioned but nothing since then after many transactions.

[dante1]

I'm sure they state that in their rules to cover their own butts legally, but i believe they finally figured our where much of their business was going to come from & decided they better take a step back & be more lenient.

First couple times i used then 2-3 years ago i got questioned but nothing since then after many transactions.

thank you sir, I am happy to hear that info. appreciate it.

do you happen to remember the questions.

[Optional]

Hman, I am hesitant to use Coinbase because I thought I read they might cancel you if they believe it to be from an offshore book or if they think there might be some chance of money laundering. I am assuming that is simply a rumor????

Don't listen to anyone who tells you it's fine to send/receive funds directly between Coinbase and Books.

It might be tougher to detect these days with everyone using a different wallet every transaction... but as soon as 1 user confirms any wallet address connected to a book, Coinbase then follow those coins to the point they are cashed out or conglomerated into a storage wallet, then reverse track every other wallet that has sent coins there.

If any of those now thousands of connected wallets are found to be have been funded directly from a Coinbase account, you lose your account.



Here's their terms about it;


APPENDIX 1: PROHIBITED USE, PROHIBITED BUSINESSES AND CONDITIONAL USE
Prohibited Use
You may not use your Coinbase Account to engage in the following categories of activity ("Prohibited Uses"). The specific types of use listed below are representative, but not exhaustive. If you are uncertain as to whether or not your use of Coinbase Services involves a Prohibited Use, or have questions about how these requirements apply to you, please submit a request at https://support.coinbase.com. By opening a Coinbase Account, you confirm that you will not use your Account to do any of the following:

• Gambling: Lotteries; bidding fee auctions; sports forecasting or odds making; fantasy sports leagues with cash prizes; internet gaming; contests; sweepstakes; games of chance

https://www.coinbase.com/legal/user_agreement?locale=us

Just use a middleman wallet you control the private key for between every transaction Coinbase is a party to and you will be 99% fine.

[dante1]

Don't listen to anyone who tells you it's fine to send/receive funds directly between Coinbase and Books.

It might be tougher to detect these days with everyone using a different wallet every transaction... but as soon as 1 user confirms any wallet address connected to a book, Coinbase then follow those coins to the point they are cashed out or conglomerated into a storage wallet, then reverse track every other wallet that has sent coins there.

If any of those now thousands of connected wallets are found to be have been funded directly from a Coinbase account, you lose your account.



Here's their terms about it;








APPENDIX 1: PROHIBITED USE, PROHIBITED BUSINESSES AND CONDITIONAL USE
Prohibited Use
You may not use your Coinbase Account to engage in the following categories of activity ("Prohibited Uses"). The specific types of use listed below are representative, but not exhaustive. If you are uncertain as to whether or not your use of Coinbase Services involves a Prohibited Use, or have questions about how these requirements apply to you, please submit a request at https://support.coinbase.com. By opening a Coinbase Account, you confirm that you will not use your Account to do any of the following:

• Gambling: Lotteries; bidding fee auctions; sports forecasting or odds making; fantasy sports leagues with cash prizes; internet gaming; contests; sweepstakes; games of chance

https://www.coinbase.com/legal/user_agreement?locale=us

yeah I remember reading that, my next obvious question is why are so many players happy and bragging about this, are they simply taking a chance and it is only a matter of time. I don't want to lose my account with coinbase. but I would prefer this method of depositing.

[dante1]

I am assuming that what H claims and what you claim are both true, H is true because he and others have succeeded without a problem, you are correct since you have it in black and white. not confusing but bothersome for people who want to use it, but don't want to lose account, or something even worse.