Issue with Betonline Payout need help !

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  • Captkirk91
    SBR Rookie
    • 05-09-19
    • 8

    #1
    Issue with Betonline Payout need help !
    So recently i requested a pay out of $450 dollars using BTC method from bet-online. I made sure that the correct wallet address to my desktop wallet was copied correctly multiple times when i was confirming the payout. After waiting 24 or some hours Betonline's website under my account says "paid" under my payout status and they have taken the funds out of my account. "This was about 6 hours ago while i was at work". Just got home to check my wallet and there is absolutely nothing in my wallet and on the blockchain. Its almost like they never sent me the payment. Shouldn't it show up immediately ? on the blockchain after they paid it out? its been 10 hours now and nothing. I am very concerned i am getting swindled. Should i be worried?
  • icon
    SBR MVP
    • 01-09-18
    • 3441

    #2
    You are not getting swindled. Betonline removes the funds from your available balance and sends the bitcoin in batches throughout the day. Be a little more patient and it will show up.

    If you want you could post the bitcoin address you requested payout to and it can be looked up by anyone.
    Comment
    • Captkirk91
      SBR Rookie
      • 05-09-19
      • 8

      #3
      Would it really take this long. I am pretty sure they removed the funds from my account early this morning and still no activity on the blockchain. I know for sure it has been at least 10 hours.
      Comment
      • icon
        SBR MVP
        • 01-09-18
        • 3441

        #4
        Originally posted by Captkirk91
        Would it really take this long.
        Yes. Anything up to 24 hours is not unusual.
        Comment
        • Captkirk91
          SBR Rookie
          • 05-09-19
          • 8

          #5
          Okay thank you. Was starting to get worried. I will give it more time, i just thought after they paid it out it would start the confirmation process on the blockchain. They already canceled two of my payouts because i bought a new computer and they said it was a "unverified device" after about 4 hours of talking to their support team they finally approved my payout. Just a little uneasy about all of this.
          Comment
          • littlekona
            SBR Hall of Famer
            • 11-19-15
            • 5242

            #6
            Like 90 % of my past BOL payouts hit my wallet during sleep time usa like 1 am or so and always take 24 hours plus..no worries u will get paid most likely wake up w funds in wallet tommorow
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            • Captkirk91
              SBR Rookie
              • 05-09-19
              • 8

              #7
              woke up still nothing in wallet
              Comment
              • littlekona
                SBR Hall of Famer
                • 11-19-15
                • 5242

                #8
                Update us when hits please
                Comment
                • Captkirk91
                  SBR Rookie
                  • 05-09-19
                  • 8

                  #9
                  A little over 24 hours now since betonline told me i had been paid out. Still nothing in wallet and no activity on the block chain. Getting real concerned. BTC is surging i am sure they are stalling on payouts wouldn't surprise me one bit.
                  Last edited by Captkirk91; 05-10-19, 03:37 PM.
                  Comment
                  • Optional
                    Administrator
                    • 06-10-10
                    • 61478

                    #10
                    Originally posted by Captkirk91
                    A little over 24 hours now since betonline told me i had been paid out. Still nothing in wallet and no activity on the block chain. Getting real concerned. BTC is surging i am sure they are stalling on payouts wouldn't surprise me one bit.
                    Can anyone explain the math behind this common claim for me?

                    If a book has to buy $1000 of bitcoin to pay you, how does it benefit them to wait for the exchange rate to be higher/lower? It's going to cost them US$1000 no matter what moment they buy it.
                    .
                    Comment
                    • Captkirk91
                      SBR Rookie
                      • 05-09-19
                      • 8

                      #11
                      Just got paid. Took about 34 hours. Not bad satisfied with BOL so far
                      Comment
                      • newton0038
                        SBR MVP
                        • 03-07-07
                        • 2389

                        #12
                        Originally posted by Optional
                        Can anyone explain the math behind this common claim for me?

                        If a book has to buy $1000 of bitcoin to pay you, how does it benefit them to wait for the exchange rate to be higher/lower? It's going to cost them US$1000 no matter what moment they buy it.
                        They are holdng on to the bitcoin they have, therefore gaining value for said held coins. when bitcoin on its way down the shitter, im sure they will be paying asap.
                        Comment
                        • littlekona
                          SBR Hall of Famer
                          • 11-19-15
                          • 5242

                          #13
                          Originally posted by newton0038
                          They are holdng on to the bitcoin they have, therefore gaining value for said held coins. when bitcoin on its way down the shitter, im sure they will be paying asap.
                          and you know this how? Most sites FIAT use a 3rd party processor and may not even "hold" btc not sure if this is the case at BOL but i would assume so
                          Comment
                          • Optional
                            Administrator
                            • 06-10-10
                            • 61478

                            #14
                            Originally posted by Captkirk91
                            Just got paid. Took about 34 hours. Not bad satisfied with BOL so far
                            Good to hear
                            .
                            Comment
                            • Barrakuda
                              SBR Wise Guy
                              • 02-28-18
                              • 786

                              #15
                              Originally posted by Captkirk91
                              Just got paid. Took about 34 hours. Not bad satisfied with BOL so far
                              I've never had a payout in less than 72 hours from BOL.
                              Comment
                              • icon
                                SBR MVP
                                • 01-09-18
                                • 3441

                                #16
                                Originally posted by Barrakuda
                                I've never had a payout in less than 72 hours from BOL.
                                Thats bad because their website specifically states "fast payouts" in under 24 hours.

                                I'd have no problem with 72 hours if they stated it up front but they say 24 hours so they should honor that or change the fukkin website to say 72 hours. It just pisses players off and causes unnecessary concern when they advertise something and then don't deliver as promised.


                                "Sweat the game, not the payout!"
                                Comment
                                • michael777
                                  SBR MVP
                                  • 09-20-05
                                  • 1936

                                  #17
                                  Originally posted by Barrakuda
                                  I've never had a payout in less than 72 hours from BOL.
                                  100% correct
                                  Comment
                                  • bubba
                                    SBR MVP
                                    • 09-29-05
                                    • 2432

                                    #18
                                    Originally posted by icon
                                    Thats bad because their website specifically states "fast payouts" in under 24 hours.

                                    I'd have no problem with 72 hours if they stated it up front but they say 24 hours so they should honor that or change the fukkin website to say 72 hours. It just pisses players off and causes unnecessary concern when they advertise something and then don't deliver as promised.


                                    "Sweat the game, not the payout!"
                                    Precisely. Just advertise the time it takes. If you ask them they say 24hours to review and then 24 more hours (they often dont make that timeframe).

                                    If they just advertised 72 hour bitcoin payouts, nobody would have a complaint 99% of the time. I dont get why they dont just do that.
                                    Comment
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