Issue with Looselines bitcoin deposit/payouts

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  • eaglesfan371
    SBR MVP
    • 01-08-19
    • 4079

    #1
    Issue with Looselines bitcoin deposit/payouts
    It appears that Looselines / JazzSports family is now using the same bitcoin processor as MyBookie and a couple others where people are reporting being underpaid severely.

    I recently deposited $500 and the site asked me to deposit $485 worth of bitcoin according to current bitstamp rates.

    When I withdrew $1000 today, I received $968. I wanted to make people aware of this as this is a significant difference if you only withdraw bitcoin. My guess is more people are depositing by low fee methods such as credit card, p2p and ***********, then withdrawing bitcoin, which always has fees/risk associated with it, hence why this higher conversion price.

    At this time I do not have a dispute since the conversion used at deposit and withdraw was roughly 3% over market price. I saved on my deposit and lost on my withdraw 3%. Just a heads up for any who use this book family.
  • littlekona
    SBR Hall of Famer
    • 11-19-15
    • 5242

    #2
    Ask for manager Dave Morgan if you have any issues over at jazz family....I use Looselines and find them a good book overall though I mainly use for horses and greyhound races
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