Newbie Payout

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  • Macid
    SBR Rookie
    • 04-24-17
    • 13

    #1
    Newbie Payout
    I know this question has been asked before and in various forms on this forum & I want to thank you all for your patience..

    I signed up for an online sports book about 2 years ago and didnt do much good there until recently. This year i was able to convert my 1000 deposited via cc to a substantial amount. I tried to withdraw it via bitcoin but they said it had to meet the rollover and 30 day requirement. Fair enough, i didnt read the Terms and Conditions.

    I recently met my rollover requirement and my 30 day requirement is coming to an end soon too.

    Since this is my first withdrawal, i had a couple of questions

    - If I do a "bitcoin" withdrawal, what kind of documentation would I need to submit (site says since its a first payout they might need additional info, I just dont know what? Are there any withdrawal options that dont require submitting private data?

    - I have a block chain ac - but how do I liquidate it for cash? Bit Pay is an option but i hear they are running a month late with their new cards? I had Circle too but now they dont let you sell bitcoins.?

    - Is there any one who our here who has cashed out more than 7.5k at a time?

    Thanks for all that you guys do !
  • relaaxx
    SBR MVP
    • 06-15-06
    • 3281

    #2
    talk to the sportsbook you want to withdraw from. if you don't trust them enough to do that, maybe you should not have deposited there in the 1st place. good luck. call them
    Comment
    • Macid
      SBR Rookie
      • 04-24-17
      • 13

      #3
      Not really about the trust. But trying to understand the available options..
      Comment
      • relaaxx
        SBR MVP
        • 06-15-06
        • 3281

        #4
        Originally posted by Macid
        Not really about the trust. But trying to understand the available options..

        who knows better than the sportsbook,people who work for them should have all the answers to your questions.
        Comment
        • Macid
          SBR Rookie
          • 04-24-17
          • 13

          #5
          Originally posted by relaaxx
          who knows better than the sportsbook,people who work for them should have all the answers to your questions.
          I have asked them - and i know what they say and what options they have listed on their site. I wanted to get a sense from the folks here what their experience has been, better or worse?
          Comment
          • Optional
            Administrator
            • 06-10-10
            • 61390

            #6
            If you have a circle account you can still send bitcoin there using one of the addresses you previously used. And then can cash out from Circle.

            If you took a bonus or used a card to deposit the book may want some sort of ID or image of the card. If you dont take a bonus and deposit with bitcoin it is less likely you will be asked for ID, but you cant know for sure.
            .
            Comment
            • Macid
              SBR Rookie
              • 04-24-17
              • 13

              #7
              I thought circle had stopped cashing bitcoins
              Comment
              • Macid
                SBR Rookie
                • 04-24-17
                • 13

                #8
                Originally posted by Optional
                If you have a circle account you can still send bitcoin there using one of the addresses you previously used. And then can cash out from Circle.

                If you took a bonus or used a card to deposit the book may want some sort of ID or image of the card. If you dont take a bonus and deposit with bitcoin it is less likely you will be asked for ID, but you cant know for sure.
                Here's the link - https://techcrunch.com/2016/12/07/ci...bile-payments/
                Comment
                • Optional
                  Administrator
                  • 06-10-10
                  • 61390

                  #9
                  Yes I know about that.

                  Apparently you can still send bitcoin to old wallet addresses there if you had them before the change, and then cashout.

                  Here is a thread with people discussing it: https://www.sportsbookreview.com/for...cle-issue.html

                  The last time I saw someone post mentioning they had done it successfully was 2 or 3 weeks ago.
                  .
                  Comment
                  • chosen4th
                    SBR MVP
                    • 12-29-12
                    • 1106

                    #10
                    My first thought reading this is, If you deposited via credit card, I would be shocked if they let you withdraw via bitcoin. Might want to ask the book that first, and you can't be angry if they won't let you withdraw bitcoin.. I know heritage will not let u deposit cc and withdraw bitcoin.
                    Comment
                    • chosen4th
                      SBR MVP
                      • 12-29-12
                      • 1106

                      #11
                      Also without any info on what site you use, I cannot give u any info on cashing out 7.5k.. I've cashed out over 10k on bitcoin sites several times with no issue.. a lot of the sites have like a 3k daily cash limit.. again without telling us the book, cannot give you a straight answer on anything
                      Comment
                      • Macid
                        SBR Rookie
                        • 04-24-17
                        • 13

                        #12
                        its bet online. Both the wire (approved 05/05) and bitcoin payout (approved 05/08). While the wire takes 2 weeks, when exactly should i be seeing the bitcoin transaction it in my block chain wallet?
                        Comment
                        • Macid
                          SBR Rookie
                          • 04-24-17
                          • 13

                          #13
                          Originally posted by chosen4th
                          Also without any info on what site you use, I cannot give u any info on cashing out 7.5k.. I've cashed out over 10k on bitcoin sites several times with no issue.. a lot of the sites have like a 3k daily cash limit.. again without telling us the book, cannot give you a straight answer on anything
                          its bet online. Both the wire (approved 05/05) and bitcoin payout (approved 05/08). While the wire takes 2 weeks, when exactly should i be seeing the bitcoin transaction it in my block chain wallet?
                          Comment
                          • Optional
                            Administrator
                            • 06-10-10
                            • 61390

                            #14
                            Originally posted by Macid
                            its bet online. Both the wire (approved 05/05) and bitcoin payout (approved 05/08). While the wire takes 2 weeks, when exactly should i be seeing the bitcoin transaction it in my block chain wallet?
                            Usually within 24 hours there.
                            .
                            Comment
                            • Macid
                              SBR Rookie
                              • 04-24-17
                              • 13

                              #15
                              even though it says approved- I dont see a record in blockchain tracker anywhere... says O transactions for my address? How long should i be waiting before hitting the Customer Service up ?
                              Comment
                              • Optional
                                Administrator
                                • 06-10-10
                                • 61390

                                #16
                                Originally posted by Macid
                                even though it says approved- I dont see a record in blockchain tracker anywhere... says O transactions for my address? How long should i be waiting before hitting the Customer Service up ?
                                If you did it after hours yesterday I'd probably give them a few hours to get it done today before bothering to ask but if you want to check up, thats what CS are there for!
                                .
                                Comment
                                • Macid
                                  SBR Rookie
                                  • 04-24-17
                                  • 13

                                  #17
                                  thanks for being so patient with this bitcoin virgin... really appreciate it! It was like 830 am yesterday so ill wait until tommorow morning to hit them up.
                                  Comment
                                  • chosen4th
                                    SBR MVP
                                    • 12-29-12
                                    • 1106

                                    #18
                                    I dont play betonline, i know heritage does bitcoin payouts all once per day, betonline may have a similar method.. For future reference.. Nitrogen is probably the quickest payouts for bitcoin, you can get money much quicker.
                                    Comment
                                    • holelander
                                      SBR Rookie
                                      • 06-28-14
                                      • 2

                                      #19
                                      Betonline payout: 36 hours, from Monday to Friday
                                      Comment
                                      • Macid
                                        SBR Rookie
                                        • 04-24-17
                                        • 13

                                        #20
                                        Another noob question - the status of the wire now says "paid" on their website - but i dont see it in my bank? I am assuming that they have sent this to the payment processor but it hasn't hit my account?
                                        Comment
                                        • Optional
                                          Administrator
                                          • 06-10-10
                                          • 61390

                                          #21
                                          Originally posted by Macid
                                          Another noob question - the status of the wire now says "paid" on their website - but i dont see it in my bank? I am assuming that they have sent this to the payment processor but it hasn't hit my account?
                                          You assume correctly. And you wont know more until you actually see it in your own bank account. Usually in the 5-10 business days range.
                                          .
                                          Comment
                                          • Macid
                                            SBR Rookie
                                            • 04-24-17
                                            • 13

                                            #22
                                            Originally posted by Optional
                                            You assume correctly. And you wont know more until you actually see it in your own bank account. Usually in the 5-10 business days range.
                                            The wire actually hit my account today. I was pleasantly suprised. BOL gets A + from me. My bitcoin payout is still in progress though..
                                            Comment
                                            • Optional
                                              Administrator
                                              • 06-10-10
                                              • 61390

                                              #23
                                              That was nice and fast for a wire.

                                              A bit long for bitcoin now though. I guess you have asked?
                                              .
                                              Comment
                                              • Macid
                                                SBR Rookie
                                                • 04-24-17
                                                • 13

                                                #24
                                                I did - and they said bitcoin is taking 48 hours once payout is approved. Since it was approved after hours on 05/08 i have to wait one more day before following up.
                                                Comment
                                                • Macid
                                                  SBR Rookie
                                                  • 04-24-17
                                                  • 13

                                                  #25
                                                  And i got the bitcoin just now... BOL is legit!
                                                  Comment
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