Is a 10 Day Hold on Withdrawals Normal?

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • the_orangekat
    SBR MVP
    • 12-08-07
    • 1267

    #1
    Is a 10 Day Hold on Withdrawals Normal?
    I'm talking a $200 deposit, easily met the 5X 100% FP rollover in 3 days flat (blew it out of the water) and my deposit was in their account, immediately. No credit card or linked to a bank account.

    I was told I have to wait 10 days now, actually they said July 4th (for a $450 ** withdrawal, seems to be the largest amount allowed to P2P). I'm a little upset but I'm not here to bash the place. I like the people at the place and have worked with them in the past. Very respectful. Never any issues. If it's normal, then so be it. I'll wait it out and shut my mouth.

    I do understand a hold for a credit card (to avoid charge backs) or tied to a bank account (due to possibility of overdraw). This I get. In my case, neither applies. I get rollovers and the reason books use them (most lose the deposit and bonus well-before the chance to cash out). I get betting the deposit through once so you don't waste anyone's time.

    Again, I'll leave names out of here but I want to know if this is becoming the 'industry norm,' nowadays. I see multiple issues with all kinds of books - even one's deemed 'reputable.'
    Last edited by the_orangekat; 06-22-16, 05:14 PM.
  • themike78
    SBR MVP
    • 07-01-13
    • 4873

    #2
    Never heard of that. It's usually 24 hours with regular books when making a cash deposit. That's why I like nitrogen a lot. You can deposit, bet one game and then cashout after game is over. Ten days seems a little long. They are probably hoping you lose the money back to them.
    Comment
    • the_orangekat
      SBR MVP
      • 12-08-07
      • 1267

      #3
      The rep told me to not bet it and hold on until July 4th and he'll process it. I paid via Pay Pal gift with actual Pay Pal, not linked to a credit card or funds drawn from my bank account. Funds were available IMMEDIATELY. They could have bought stuff off eBay, lol. It was as good as cash.

      I've deposited P2P before and payout was 48 hours each time. I've never had a payout delay before with them.

      If the reason for delay is the 3-5 business day rule Pay Pal states to transfer my $200 from their Pay Pal to their bank, I'm fine with it (although I just transferred $1300 from my Pay Pal to my bank account in 2 days flat, seldom takes 5 business days) But July 4th is 15 days (10 business) since I deposited. I'm sure nothing will get done July 4th so my guess is it will be processed the 5th and available for pick up the 6th.
      Last edited by the_orangekat; 06-22-16, 05:25 PM.
      Comment
      • the_orangekat
        SBR MVP
        • 12-08-07
        • 1267

        #4
        Originally posted by themike78
        Never heard of that. It's usually 24 hours with regular books when making a cash deposit. That's why I like nitrogen a lot. You can deposit, bet one game and then cashout after game is over. Ten days seems a little long. They are probably hoping you lose the money back to them.
        Does Nitrogen accept US players?
        Comment
        • Optional
          Administrator
          • 06-10-10
          • 60711

          #5
          Yes Nitrogen accept US players. But you are stuck playing in bitcoins only so are subject to the swings of the currency value.


          Originally posted by the_orangekat
          The rep told me to not bet it and hold on until July 4th and he'll process it. I paid via Pay Pal gift with actual Pay Pal, not linked to a credit card or funds drawn from my bank account. Funds were available IMMEDIATELY. They could have bought stuff off eBay, lol. It was as good as cash.

          I've deposited P2P before and payout was 48 hours each time. I've never had a payout delay before with them.

          If the reason for delay is the 3-5 business day rule Pay Pal states to transfer my $200 from their Pay Pal to their bank, I'm fine with it (although I just transferred $1300 from my Pay Pal to my bank account in 2 days flat, seldom takes 5 business days) But July 4th is 15 days (10 business) since I deposited. I'm sure nothing will get done July 4th so my guess is it will be processed the 5th and available for pick up the 6th.
          Sounds like it's about potential reversals with the method. Did you ask them if this is the standard with that method or just the first time?
          .
          Comment
          SBR Contests
          Collapse
          Top-Rated US Sportsbooks
          Collapse
          Working...