Betonline Bitcoin Withdrawal 2% Fee?

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • LLXC
    SBR Hall of Famer
    • 12-10-06
    • 8972

    #1
    Betonline Bitcoin Withdrawal 2% Fee?
    Is this new? I don't remember them having one in the past.



    Bitcoin account will be credited within 24 hours. If this if your first time using Bitcoin additional documentation may be required. The fee is 2% of the total payout amount.
  • Optional
    Administrator
    • 06-10-10
    • 61457

    #2
    It must be new or someone else would have mentioned it by now.

    They are probably passing on the cost their PSP is imposing with bitcoin prices so volatile recently.

    Seems to be the way they do things there. User pays. Once upon a time they passed on the deposit costs too.
    .
    Comment
    • HedgeHog
      SBR Posting Legend
      • 09-11-07
      • 10128

      #3
      If BOL is charging for btc payouts, then I'm done with them. Not too long ago they watered down their FP bonuses, allowing only straight action (no parlays, no ML bets). Not a player friendly Book imo.
      Comment
      • swordsandtequila
        SBR Hall of Famer
        • 02-23-12
        • 9757

        #4
        I just requested my balance from them, the site says btc is free. Took this screenshot 2 seconds ago:

        Comment
        • Optional
          Administrator
          • 06-10-10
          • 61457

          #5
          I don't see anything about 2% here either.
          .
          Comment
          • Crusherrr
            SBR MVP
            • 06-27-16
            • 3649

            #6
            I think it's been listed in their terms for a while. I remember someone else posting about this once before. Ive never paid a fee when withdrawing from them before with bitcoin but I do get some crap rates from them sometimes.
            Comment
            • HedgeHog
              SBR Posting Legend
              • 09-11-07
              • 10128

              #7
              Originally posted by Crusherrr
              I think it's been listed in their terms for a while. I remember someone else posting about this once before. Ive never paid a fee when withdrawing from them before with bitcoin but I do get some crap rates from them sometimes.
              Same here. I lose about 1% every time with deposits and withdrawals from the BOL family of Books. I've always suspected them of skimming.
              Comment
              • LLXC
                SBR Hall of Famer
                • 12-10-06
                • 8972

                #8
                Originally posted by Optional
                I don't see anything about 2% here either.
                Woah, did they just update that page? I know for sure, when you clicked "more info," it said 2%.
                Comment
                • LLXC
                  SBR Hall of Famer
                  • 12-10-06
                  • 8972

                  #9
                  Originally posted by swordsandtequila
                  I just requested my balance from them, the site says btc is free. Took this screenshot 2 seconds ago:
                  Yup, I saw that too. Thanks.
                  Comment
                  • bubba
                    SBR MVP
                    • 09-29-05
                    • 2432

                    #10
                    Originally posted by HedgeHog
                    Same here. I lose about 1% every time with deposits and withdrawals from the BOL family of Books. I've always suspected them of skimming.
                    I dont understand bitcoin well, but betonline and every other book I use short me on every bitcoin transaction. I always get a little less on deposits and a little less on withdrawls. I figure bitcoin fees are so immaterial and its just books just doing this because they can.
                    Comment
                    • icon
                      SBR MVP
                      • 01-09-18
                      • 3441

                      #11
                      Originally posted by HedgeHog
                      I'm done with them.
                      Been done with them for a while now. Once they stopped offering Skrill as a payout method they have become mostly useless.

                      Final straw are the totally clueless and incompetent CS reps. BOL is fine unless you need help of any kind.
                      If you need to contact them you will have nothing but headaches and frustration. Its been this way for years with zero improvement.
                      Comment
                      • Barrakuda
                        SBR Wise Guy
                        • 02-28-18
                        • 786

                        #12
                        Can anyone take a small payout and verify that this 2% fee is real?
                        Comment
                        • milwaukee mike
                          BARRELED IN @ SBR!
                          • 08-22-07
                          • 26914

                          #13
                          Originally posted by Barrakuda
                          Can anyone take a small payout and verify that this 2% fee is real?
                          i don't think they have charged that 2% fee in a long time, at least for me they haven't
                          Comment
                          SBR Contests
                          Collapse
                          Top-Rated US Sportsbooks
                          Collapse
                          Working...