Just wanted to report my recent payout experience with Intertops. I requested a bitcoin payout in the amount of $1080 on Monday and was charged $20 fee. On Wednesday I received it, but the value is now 1010.82 when it hit my wallet. I just lost $50 in this transaction. How would I know if Intertops just pocketed the $50 or if the bitcoin lost value during the transmission?
Intertops bitcoin payout - lost $50 in value
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ClippersSuxSBR Hustler
- 12-10-10
- 95
#1Intertops bitcoin payout - lost $50 in valueTags: None -
DroopyDogSBR MVP
- 11-03-16
- 1255
#2go on blockchain it will show you value when sent.... but, intertops could be using some favorable (to them) exchange rate
I was shorted around $1500 on a payout from 5dimes because of them picking and choosing which exchange price to use. definitely didnt use the stated exchanges they listComment -
CrusherrrSBR MVP
- 06-27-16
- 3649
#3Intertops has been sketchy with bitcoin payouts but in your case bitcoin has gone down 7-8% during the time frame you mentioned.Comment -
ClippersSuxSBR Hustler
- 12-10-10
- 95
#4go on blockchain it will show you value when sent.... but, intertops could be using some favorable (to them) exchange rate
I was shorted around $1500 on a payout from 5dimes because of them picking and choosing which exchange price to use. definitely didnt use the stated exchanges they listComment -
DroopyDogSBR MVP
- 11-03-16
- 1255
#6does it state anywhere on intertops site which exchange they use to determine price?
greedy books using the most favorable exchange IN... and a completely different one OUTComment -
ClippersSuxSBR Hustler
- 12-10-10
- 95
#7Greedy is right. Not it doesn't state. That's why they can pick and choose which exchange to use to their advantage.Comment -
CrusherrrSBR MVP
- 06-27-16
- 3649
#8I apologize I did not see you said Monday in your original post. Many people have had issues with Intertops and their bitcoin payout rates. It's bad enough they continue to do the $20 fee when Bitcoin costs virtually nothing to send again. I'd be upset too.Comment -
rangerz2478SBR MVP
- 08-06-12
- 1194
#9No surprise here.Comment -
BarkingToadSBR Hall of Famer
- 08-31-08
- 5913
#10Sick of A rated crooks in sports betting.Comment -
deck5SBR Rookie
- 03-20-18
- 27
#11Just wanted to report my recent payout experience with Intertops. I requested a bitcoin payout in the amount of $1080 on Monday and was charged $20 fee. On Wednesday I received it, but the value is now 1010.82 when it hit my wallet. I just lost $50 in this transaction. How would I know if Intertops just pocketed the $50 or if the bitcoin lost value during the transmission?Comment -
SBR DrewSBR Hall of Famer
- 01-08-18
- 7351
#12The exact same thing has happened to me. They say that when they sent the transaction it was at a different value, but they can just say they sent it at whatever rate they like. I received $2339 of a total of $2500, so 6.5% short. It seems a little hard to believe that they would have sent the transaction to their provider at the exact moment before BTC tanked 6.5%. I am filing a complaint with SBR.
Send it yet?Comment -
deck5SBR Rookie
- 03-20-18
- 27
#13Yes, I have already sent it.Comment -
jbaykoSBR Sharp
- 12-29-16
- 310
#14The exact same thing has happened to me. They say that when they sent the transaction it was at a different value, but they can just say they sent it at whatever rate they like. I received $2339 of a total of $2500, so 6.5% short. It seems a little hard to believe that they would have sent the transaction to their provider at the exact moment before BTC tanked 6.5%. I am filing a complaint with SBR.
You can see the exact amount they sent you by looking good up the transaction ID at blockchain.info. Then you have proof they shorted you instead of “What are the chances?”Last edited by jbayko; 08-09-18, 07:21 PM.Comment -
semibluffSBR MVP
- 04-12-16
- 1515
#15Post removed.Last edited by semibluff; 08-10-18, 10:27 AM. Reason: This post has been edited since SBR have removed the post it referred to.Comment -
deck5SBR Rookie
- 03-20-18
- 27
#16I don't understand, if they have been caught doing this in the past, why didn't they change? Isn't this bad for their business when they are outed doing shady practices?Comment -
junglekidSBR Rookie
- 06-06-18
- 8
#17Best way to go about Bitcoin Payouts
From my own limted experience with getting Bitcoin payouts there are bookies that actively try to get the best Bitcoin price for them and there are some that have a fixed time everyday to mass pay everybody at the same time.
I say limited experience because I have gotten Bitcoin payouts from just three sites:Nitrogensports, Pinnacle and Bodog
It seems to me Pinnacle and Bodog pay everybody out at the same time everyday. Pinnacle customer service told me they process Bitcoins payouts for everybody at 12 GMT every day and calculate the Bitcoin amount at the very moment they process the payout. For example yesterday I asked for small 140 Eur payout and when it hit my wallet its value was 138 EUR which is not too bad. For those who don't like to lose any money to fluctuating exhange rates it is best to use a Wallet like Skrill with the same currency in both account:bookie and wallet
For example last week I withdrew 147 Eur by **** Card from my Pokerstars account. Even though my Bank account and card are also in Eur I should not lose anything but Pokerstars processes Card payments in USD so I only got 140 Eur,ouchComment
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