SBR refuses to address my Payout Complaint against Bookmaker

**EVfollower** · 06-26-15, 01:52 AM

In my submission I also provided reference to the exchange rates at the time of the payment being processed. All of the rates were lower then what was paid to me. Their rate was around $250 and the exchange rate was a couple dollars below that for all the main exchanges (Bitstamp and Bitfinex among others)

**EVfollower** · 06-26-15, 01:54 AM

And no, $10 isn't much to me, its simply the principle that I want to make clear here, we shouldn't be stiffed. If it was $1 or $2 off then ok maybe a mistake was made but a full $10 of $1000 was an obvious shorting on payment here.

**Art Vandeleigh** · 06-26-15, 03:48 AM

Could be that between the time your amount was approved, and the time it was actually sent, (could even be a few minutes), the price of bitcoin went from $230 to $228, and you lost a couple of $$. It could have also gone up from $230 to $232 in that timeframe, and you could have made a few $$. Is this always happening "against" you?Anyway, would you rather pay $60-$80 for one of their other fine withdrawal methods? If a bunch of folks like you start complaining over this ticky tack stuff, they'll remove bitcoin for everyone.

**shaunovery** · 06-26-15, 05:54 AM

Blimey for 10 dollars they charge me 35 to withdraw

**Optional** · 06-26-15, 10:24 AM

I don't look after Bookmaker complaints so this isn't an official answer but if I was looking after this I'd probably be suggesting if you can't work it out amicably with them directly it's probably smarter to write off the 10 bucks for now, lower your opinion of the book and only worry about it if another issue arises.

**harvesters** · 06-26-15, 10:28 AM

Sbr - thank you for not wasting your time with this nonsense and devoting your efforts to get the hundreds of sportsbook, BetUSA and Hollywood players get paid. Much appreciated.

Is this guy really using Bitcoin to bet on sports offshore and citing "principle". You got an unfavourable rate and you received $10 less than you thought you would. Go watch some youporn and get over it.

**Buffalo Nickle** · 06-26-15, 12:34 PM

BitCoin is so wild ass crazy that this is definitely not worth a complaint. It is worth an SBR post though and something for people to keep track of when withdrawing via BitCoin. If these kind of withdrawals are consistently going against the customer, it is something to keep in mind.

**soxwin1917** · 06-26-15, 03:21 PM

Is this guy serious? If you're fretting about $10, you shouldn't be gambling. Write it off and move on.

**EVfollower** · 07-01-15, 12:10 AM

I gave these guys another chance and was shorted AGAIN. This time on deposit.

**ANGRYBLACK** · 07-01-15, 08:31 PM

Every time I deposit. I get EXACT amounts. Withdrew every week for 4 months. Extra $$$. One time I lost $5. They aren't scamming you. The market fluctuates and they warn you before you click "send". Read before you agree to any terms. If I lost $5 weekly from every transaction for the next 4 months, I wouldn't care. It's the market, bro...

**ANGRYBLACK** · 07-01-15, 08:33 PM

You're crazy if you don't think there could be a 1% shift in a few hours.

**EVfollower** · 07-01-15, 10:45 PM

Originally posted by ANGRYBLACK

You're crazy if you don't think there could be a 1% shift in a few hours.

Please read the full thread before you come in with your uneducated comments. I understand the market shifts. After this the market fell another 2% or so.

I am complaining because at the current time they sent me the BTC, the amount sent was not valued at $1003 at THE TIME IT WAS SENT.

**raiders72001** · 07-02-15, 12:37 AM

Originally posted by EVfollower

Please read the full thread before you come in with your uneducated comments. I understand the market shifts. After this the market fell another 2% or so.

I am complaining because at the current time they sent me the BTC, the amount sent was not valued at $1003 at THE TIME IT WAS SENT.

You don't know if you were shorted or not because you keep using the blockchain.info price as a conversion rate.

If you hover over the blockchain.info/tx it shows you the amount sent at the time using blockchain.info price. That price is irrelevant.

You have to find out what exchange Bookmaker uses before you can figure out if you were shorted or if their was a fee.

Bookmaker may use Bitstamp, Coinbase, BTC-e or a host of others listed here https://bitcoinaverage.com/markets#USD

**raiders72001** · 07-02-15, 01:11 AM

EVFollower- If I were to send 1 BTC from my wallet right now to you the price would say $260.25 at time sent on the blockchain.info/tx

The problem is that if you use Coinbase to convert the value was $259.06 and $258 at Bitstamp at the time sent.

You must find out what Bookmaker uses as a price index.

**raiders72001** · 07-02-15, 02:36 AM

Bookmaker, all books for that matter, should post their rules on conversion when using multiple currencies. Jetwin allows multiple currencies along with bitcoins. Here's what they do:

Jetwin uses Bitstamp's BID rate for deposits and withdrawals. If customer has selected currency other than USD, then the actual rate is calculated by applying current USD rate of The European Central Bank.

**Texans365** · 07-02-15, 11:20 AM

Originally posted by raiders72001

Jetwin uses Bitstamp's BID rate for deposits and withdrawals. If customer has selected currency other than USD, then the actual rate is calculated by applying current USD rate of The European Central Bank.

They fix exchange rate on the withdrawal form. What you see is what you get. Very handful.