Bitcoin deposit delays

**ehp6737** · 10-26-19, 11:59 AM

To be clear, does the transaction have any confirmations, and just not posted to your account by the sportsbook? Or the transaction is still pending in the blockchain?

**PD77** · 10-26-19, 01:02 PM

Been waiting 2+ hours for a transfer to blockchain from another wallet that usually takes 10-15 minutes. There are quite a few backlogged unconfirmed BTC transactions.

BTC Mempool

https://www.blockchain.com/btc/unconfirmed-transactions

The easiest and most trusted transaction search engine and block explorer.

**Ant23** · 10-26-19, 01:46 PM

ZERO CONFIRMATIONS after more than 3 hour wait!!! Bovada says they can see where it was sent but made the mistake of sending it regular instead of priority.

Guess I will call the local guy.........as quick as bitcoin usually is this has been a nightmare. My question is if Bovada can see it then why can't they go ahead and credit the acct since bitcoin transactions CAN NOT be cancelled....unlike credit/bank cards?

**Ant23** · 10-26-19, 03:05 PM

Going on 5 hours and still not a confirmation......sux so bad I will probably go back to using my bank card....at least when I wanna send $$$ it doesn't take 5+ hours

**Ant23** · 10-26-19, 03:38 PM

PD77.....you ever get straight? I finally got my $$$ after 5 1/2 hours Bovada finally put $$$ in my acct.

**PD77** · 10-26-19, 04:39 PM

Mine finally cleared but I paid a higher fee. Books are scared in to thinking your transaction could be a double spend and will not confirm is the reason they want confirmations. There’s no reason for them to do this imo, they hold all of the cards, if the transaction hasn’t cleared and you’re trying to withdraw I could see the problem.

Bitcoin could be much better for online gambling if sports books weren’t so fckin greedy.

**craigpb** · 10-26-19, 05:18 PM

Just use a higher fee next time. Was heavy volume yesterday. Check this before depositing and you will at least know what you are getting into.

Bitcoin Fees Now, #1 Estimator and Fee Calculator

https://bitcoinfees.net/

Free and simple Bitcoin Fee Estimator ❶ Calculator. Pick the optimal transaction fee by the confirmation time. Ꙭ Most accurate prediction tool!

**Tyler S** · 10-26-19, 06:02 PM

You definitely should use bitcoinfees.net, and send with priority. I've been depositing with bitcoin for almost 5 years now... You need atleast 1-3 confirmations on most sites, before they credit your account.

This is a standard procedure among all betting sites.

Hope that helps.

**Antcog23** · 10-26-19, 06:12 PM

Bovada usually only needs 1 confirmation but I'm am puzzled as to why ALL of them don't? EVERYWHERE you read it says be careful when using bitcoin b/c once it's sent the transaction can't be cancelled or reversed. If that's the case why don't they all just put the funds into the account?
It ain't like a bank/credit card when people try to cancel the transaction before the $$$ is lost. SMH.....if I'm misunderstanding the bitcoin network please someone enlighten me

**ATC727** · 10-26-19, 08:43 PM

This happens every time BTC takes a big hit. Please remember that going forward. I never recommend making a huge deposit during this time because some books will stiff you

**Barrakuda** · 10-26-19, 11:52 PM

Originally posted by Antcog23

Bovada usually only needs 1 confirmation but I'm am puzzled as to why ALL of them don't? EVERYWHERE you read it says be careful when using bitcoin b/c once it's sent the transaction can't be cancelled or reversed. If that's the case why don't they all just put the funds into the account?
It ain't like a bank/credit card when people try to cancel the transaction before the $$$ is lost. SMH.....if I'm misunderstanding the bitcoin network please someone enlighten me

I have the same question. How is one confirm and different than 100?

**Optional** · 10-26-19, 11:58 PM

Originally posted by Antcog23

Bovada usually only needs 1 confirmation but I'm am puzzled as to why ALL of them don't? EVERYWHERE you read it says be careful when using bitcoin b/c once it's sent the transaction can't be cancelled or reversed. If that's the case why don't they all just put the funds into the account?
It ain't like a bank/credit card when people try to cancel the transaction before the $$$ is lost. SMH.....if I'm misunderstanding the bitcoin network please someone enlighten me

I agree.

1 confirmation should be enough.

I would say 0 really, but I know from one book who operates that way that for some reason some customers cant help themselves and start depositing with virtually zero fee so the book gets stuck with a rolling build up of unconfirmed funds.

The people arent tying to cheat, they just think why spend 15 cents when I can spend 2 cents or something like that I guess.

**DontTailMe** · 10-27-19, 07:06 PM

That’s strange. In my experience Bovada requires zero confirmations. When I make a deposit I know that I’ll always be able to place a wager seconds later.

**ClimbSomeRocks** · 10-28-19, 08:03 PM

Here's what you guys are missing. Zero Confirmation transactions are not final. The "replace by fee" feature in BIP 125 could allow someone to replace their deposit transaction with a different transaction with a higher fee. This wouldn't double spend the transaction on the blockchain, as the miners would select the transaction with the higher fee, and once the UTXO (think Coin) is spent, the other transaction would be rejected.

That said, the book should be able to check to see if BIP 125 was even selected. If it wasn't, you can't do a "replace by fee" transaction. However, it is not smart to accept 0 conf, especially on an amount over a few $.

Check out the mobile wallet app called MyCelium. It has better fee estimation than the other mobile wallets I've seen, it also has native segwit addresses which mean you'll pay lower fees. It's a mobile wallet, so don't store too much on there... use a HW wallet for that.

**Ghenghis Kahn** · 10-29-19, 10:48 AM

Originally posted by craigpb

Just use a higher fee next time. Was heavy volume yesterday. Check this before depositing and you will at least know what you are getting into.
https://bitcoinfees.net/

Yes, use this guide. This is really helpful. If you want faster deposits, customize your fees according to this chart.

**TheMoneyShot** · 10-29-19, 11:07 AM

Originally posted by Ant23

ZERO CONFIRMATIONS after more than 3 hour wait!!! Bovada says they can see where it was sent but made the mistake of sending it regular instead of priority.

Guess I will call the local guy.........as quick as bitcoin usually is this has been a nightmare. My question is if Bovada can see it then why can't they go ahead and credit the acct since bitcoin transactions CAN NOT be cancelled....unlike credit/bank cards?

Bovada use to give your deposit credit once it's on the chain? Usually without any confirmations. It's the only book that does this. Apparently they have changed?

**raiders72001** · 10-29-19, 12:06 PM

At least things are better than years ago when some books were requiring 3 or 6 confirmations. I can definitely see why books require 1 confirmation. After one confirmation a miner would have to be involved to double spend.

One solution to stalling a deposit would be for a book to credit a long time player's deposit after 30 minutes or so even if there were 0 confirmations as long as there wasn't a tiny fee. For the most part guys trying to double spend by race attack send very small fees.

**ClimbSomeRocks** · 10-29-19, 01:21 PM

Originally posted by raiders72001

At least things are better than years ago when some books were requiring 3 or 6 confirmations. I can definitely see why books require 1 confirmation. After one confirmation a miner would have to be involved to double spend.

One solution to stalling a deposit would be for a book to credit a long time player's deposit after 30 minutes or so even if there were 0 confirmations as long as there wasn't a tiny fee. For the most part guys trying to double spend by race attack send very small fees.

The book could also use "Child Pays For Parent" (CPFP) to increase the TX fee. That would involve being technical enough to use CLI (command line interface), or use a receiving wallet such as Samourai. Samourai wallet is one of the better wallets that has more features. It even has a mixer to help you further obfuscate where your transaction came from.

**littlekona** · 10-29-19, 06:11 PM

if you send another transaction from same wallet to another btc address with a much higher fee it is basically child pays for parent...This helps push through the initial unconfirmed transaction as the miners greedy as they are want that higher fee transactions BUt must take the lower fee as it's in the same output

**themike78** · 10-29-19, 06:33 PM

Originally posted by littlekona

if you send another transaction from same wallet to another btc address with a much higher fee it is basically child pays for parent...This helps push through the initial unconfirmed transaction as the miners greedy as they are want that higher fee transactions BUt must take the lower fee as it's in the same output

I did not know that. Thanks. I wish bitcoin would just have a flat fee for all transactions. It would make things much easier.

**Ant23** · 10-29-19, 06:50 PM

Best sportsbook for Bitcoin payouts

Suggestions and honest answers on which highly rated SBR Book has bitcoin payouts in less than 24 hours 90% of the time.....regardless of the time or amount. Please share 1st hand experiences about any book that has paid you within 24 hours of request. I don't know which is worse...
1:sweating a game
2: constantly having to check to see if book "A" has sent your bitcoin

After the 36 hour mark I get a little antsy!!!!!

Thanks in advance for any assistance with this question!! Good luck!!

**littlekona** · 10-29-19, 07:27 PM

Originally posted by Ant23

Suggestions and honest answers on which highly rated SBR Book has bitcoin payouts in less than 24 hours 90% of the time.....regardless of the time or amount. Please share 1st hand experiences about any book that has paid you within 24 hours of request. I don't know which is worse...
1:sweating a game
2: constantly having to check to see if book "A" has sent your bitcoin

After the 36 hour mark I get a little antsy!!!!!

Thanks in advance for any assistance with this question!! Good luck!!

this from fastest

Fairlay- Instant
odsy88.com euro to btc 15 mins or less
AC88 euro to btc half hour or so
Nitrogen 1.5 hrs or less
Heritage same day as long as u request by 2 pm central USD to btc

**raiders72001** · 10-29-19, 10:37 PM

Originally posted by littlekona

this from fastest

Fairlay- Instant
odsy88.com euro to btc 15 mins or less
AC88 euro to btc half hour or so
Nitrogen 1.5 hrs or less
Heritage same day as long as u request by 2 pm central USD to btc

Mine are Nitrogen top of the hour and Betcoin 15 minutes.

**raiders72001** · 10-29-19, 10:52 PM

Originally posted by ClimbSomeRocks

The book could also use "Child Pays For Parent" (CPFP) to increase the TX fee. That would involve being technical enough to use CLI (command line interface), or use a receiving wallet such as Samourai. Samourai wallet is one of the better wallets that has more features. It even has a mixer to help you further obfuscate where your transaction came from.

Great idea.