How the hell is gtbet rated B+

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  • PhoKing
    SBR High Roller
    • 07-04-16
    • 247

    #1
    How the hell is gtbet rated B+
    I'm a rec player and even I got fuuucking limited.

    And it takes two BUSINESS days to receive a btc payout? How the fuuuuck is that possible nowadays?

    Don't get me even fooking started with how they stiff you with btc payouts. No matter how volatile btc gets I'm consistantly getting 5-10% less of the payout I'm owed lmao?

    Should change the name to mickeymousebets
  • SBR Forum
    Administrator
    • 12-02-06
    • 4559

    #2
    Hi PhoKing,

    It's a good sign that you are making some +EV wagers when a linesman cuts your limits. It is also a good sign that the sportsbook is active in their risk mgt. Sportsbooks are not all created equal. We appreciate you sharing your feedback.
    Comment
    • PhoKing
      SBR High Roller
      • 07-04-16
      • 247

      #3
      Originally posted by SBR Forum
      Hi PhoKing,

      It's a good sign that you are making some +EV wagers when a linesman cuts your limits. It is also a good sign that the sportsbook is active in their risk mgt. Sportsbooks are not all created equal. We appreciate you sharing your feedback.
      I guess it's a good sign that we're getting stiff 5-10% each payout huh. "Free" bitcoin my ass lmao

      And 2 business day for a btc payout warrants a B+ grade nowadays? Okkkkk buddy

      Wonder how much they are paying sbr lmao
      Comment
      • DontTailMe
        SBR MVP
        • 03-24-19
        • 2897

        #4
        GTBets is by far one of the quickest books to limit players. There's risk management...and then there's whatever GTBets is doing. Literally, win a few bets, and you're limited. It's nuts.

        (This is based on my personal experience as well as that of acquaintances)
        Comment
        • dark star
          SBR MVP
          • 01-04-09
          • 3900

          #5
          Bubblegum book
          Comment
          • semibluff
            SBR MVP
            • 04-12-16
            • 1515

            #6
            Originally posted by PhoKing
            I guess it's a good sign that we're getting stiff 5-10% each payout huh. "Free" bitcoin my ass lmao

            And 2 business day for a btc payout warrants a B+ grade nowadays? Okkkkk buddy

            Wonder how much they are paying sbr lmao
            1 of a decreasing number of books SBR can use in their odds pages. SBR have to play nice. :wink:
            Comment
            • DISTROYA
              SBR MVP
              • 04-26-12
              • 2911

              #7
              100% agree with initiator of the post....super, SUPER paranoid book. Total mickey mouse job. I rememeber opening account betting huge MLB faves (mostly) and a few here and there props ( i mean small shit) they cut me to like $25 bucks. Thank you for bonus, rolled, withdrew, end of story.
              The grading of books isnt based on their level of risk management, its on the actual book in terms of payouts, financial standing, etc. Or else 90% of the books these days would be F fuckking minus.
              I will say this....most books are really quick to knowing if your trying to roll them bonus whoring with low juice cross betting other sportsbooks, a prop scalper, or anything in between. Its not like before when you could play a few months, even years b4 they booted your ass. Now most books its literally a day or two, week at most and they know what youre doing.
              That being said some overreact waaaay to much (gtbets, bovada, heritage to name a few) and lose overall losing customers and wouldnt know risk management if they took online courses and graduated summa cumm fukking laude.
              Comment
              • PhoKing
                SBR High Roller
                • 07-04-16
                • 247

                #8
                This is bullshiiit now. Gtbets said they sent the btc payout already but nothing was sent and even checked the blockchain log. I waited the day to follow up to make sure it hit the chain but still nothing...

                they told me it's an issue with my wallet but bullshiiiit. I know if it is an issue with my wallet but its not...


                What the fuuuck....
                Last edited by PhoKing; 04-13-20, 07:43 PM.
                Comment
                • DontTailMe
                  SBR MVP
                  • 03-24-19
                  • 2897

                  #9
                  Originally posted by PhoKing
                  This is bullshiiit now. Gtbets said they sent the btc payout already but nothing was sent and even checked the blockchain log. I waited the day to follow up to make sure it hit the chain but still nothing...

                  they told me it's an issue with my wallet but bullshiiiit. I know if it is an issue with my wallet but its not...


                  What the fuuuck....
                  Most of these books use a 3rd party to process bitcoin payments. So when a customer service agent says they "sent" it, all that has really happened is that it has been sent to the 3rd party to be processed, and they don't have visibility into when that 3rd party actually initiates the transaction.

                  Not sure if that's what is causing the discrepancy in your case, but I wouldn't be surprised. Frustrating, I know.
                  Comment
                  • PhoKing
                    SBR High Roller
                    • 07-04-16
                    • 247

                    #10
                    Originally posted by DontTailMe
                    Most of these books use a 3rd party to process bitcoin payments. So when a customer service agent says they "sent" it, all that has really happened is that it has been sent to the 3rd party to be processed, and they don't have visibility into when that 3rd party actually initiates the transaction.

                    Not sure if that's what is causing the discrepancy in your case, but I wouldn't be surprised. Frustrating, I know.
                    Ok thanks I'll wait until tomorrow to see if they sent it.


                    Waiting 6 days now for a bitcoin payout is ridiculous....

                    since I got limited down to $10 they know I won't be playing there anymore and wanted to fuuck with me one last time lmao
                    Comment
                    • BrickJames
                      SBR Hall of Famer
                      • 05-05-11
                      • 9749

                      #11
                      If you're using BTC why not just use nitrogensports.eu?
                      Comment
                      • PhoKing
                        SBR High Roller
                        • 07-04-16
                        • 247

                        #12
                        Originally posted by BrickJames
                        If you're using BTC why not just use nitrogensports.eu?
                        cuz no racebook???? shit live bet????

                        anyways got my payout... 6 days after requesting it + surprise surprise 15% less than my payout requested.

                        anywhooo good riddance lmao
                        Last edited by PhoKing; 04-15-20, 04:11 AM.
                        Comment
                        • BrickJames
                          SBR Hall of Famer
                          • 05-05-11
                          • 9749

                          #13
                          Originally posted by PhoKing
                          cuz no racebook???? shit live bet????

                          anyways got my payout... 6 days after requesting it + surprise surprise 15% less than my payout requested.

                          anywhooo good riddance lmao
                          Use 5dimes they have a rebate racebook and BTC payments are always fast and on point.
                          Comment
                          • DontTailMe
                            SBR MVP
                            • 03-24-19
                            • 2897

                            #14
                            Originally posted by BrickJames
                            If you're using BTC why not just use nitrogensports.eu?
                            Apples and oranges. Just because someone is willing to transact in BTC doesn't necessarily mean they want their balances sitting in BTC.
                            Comment
                            • DontTailMe
                              SBR MVP
                              • 03-24-19
                              • 2897

                              #15
                              Originally posted by PhoKing
                              cuz no racebook???? shit live bet????

                              anyways got my payout... 6 days after requesting it + surprise surprise 15% less than my payout requested.

                              anywhooo good riddance lmao
                              Yeah, I've found that to be a common problem with GTBets as well, unfortunately.
                              Comment
                              • BrickJames
                                SBR Hall of Famer
                                • 05-05-11
                                • 9749

                                #16
                                Originally posted by DontTailMe
                                Apples and oranges. Just because someone is willing to transact in BTC doesn't necessarily mean they want their balances sitting in BTC.
                                I understand what you are saying but BTC is not readily available unless you are giving your information and paying a fee.

                                For me at least, I rarely ever cash it out after it gets deposited into my wallet, for the simple fact that I know I will need some in the near future and it will be a big pain in the ass to get.

                                I also regularly have guys calling trying to buy Bitcoin from me sometimes for a nominal fee.

                                I do understand where you're coming from though a couple Mondays back Bitcoin dropped 40%.
                                Comment
                                • Notown1
                                  SBR Rookie
                                  • 04-02-20
                                  • 28

                                  #17
                                  They are a Mickey mouse book probably ran by 2-3 people out of a garage. They are a step below all those other big bonus books as far as im concerned
                                  Comment
                                  • DontTailMe
                                    SBR MVP
                                    • 03-24-19
                                    • 2897

                                    #18
                                    Originally posted by BrickJames
                                    I understand what you are saying but BTC is not readily available unless you are giving your information and paying a fee.

                                    For me at least, I rarely ever cash it out after it gets deposited into my wallet, for the simple fact that I know I will need some in the near future and it will be a big pain in the ass to get.

                                    I also regularly have guys calling trying to buy Bitcoin from me sometimes for a nominal fee.

                                    I do understand where you're coming from though a couple Mondays back Bitcoin dropped 40%.
                                    I keep some of my bankroll in a BTC wallet too. But I still try to keep as much as possible in US fiat books or cashed out to minimize my bitcoin currency risk. It's too volatile, and I'm a player in sports betting, not crypto speculation.
                                    Comment
                                    • BrickJames
                                      SBR Hall of Famer
                                      • 05-05-11
                                      • 9749

                                      #19
                                      Originally posted by DontTailMe
                                      I keep some of my bankroll in a BTC wallet too. But I still try to keep as much as possible in US fiat books or cashed out to minimize my bitcoin currency risk. It's too volatile, and I'm a player in sports betting, not crypto speculation.
                                      Cheers!
                                      Comment
                                      • BrickJames
                                        SBR Hall of Famer
                                        • 05-05-11
                                        • 9749

                                        #20
                                        Originally posted by Notown1
                                        They are a Mickey mouse book probably ran by 2-3 people out of a garage. They are a step below all those other big bonus books as far as im concerned
                                        What books are you referring to?
                                        Comment
                                        • Notown1
                                          SBR Rookie
                                          • 04-02-20
                                          • 28

                                          #21
                                          Originally posted by BrickJames
                                          What books are you referring to?
                                          Those books that offer 150-200% bonuses with like 30X rollovers. Theres a bunch of them out there. They pay but will kick you out the minute they realize you have a clue. I would rate gtbet lower than those books. Theres 0 appeal to play with them.
                                          Comment
                                          • BrickJames
                                            SBR Hall of Famer
                                            • 05-05-11
                                            • 9749

                                            #22
                                            Originally posted by Notown1
                                            Those books that offer 150-200% bonuses with like 30X rollovers. Theres a bunch of them out there. They pay but will kick you out the minute they realize you have a clue. I would rate gtbet lower than those books. Theres 0 appeal to play with them.
                                            Could you please give an example?

                                            What specific books are you referring to?
                                            Comment
                                            • Notown1
                                              SBR Rookie
                                              • 04-02-20
                                              • 28

                                              #23
                                              Originally posted by BrickJames
                                              Could you please give an example?

                                              What specific books are you referring to?
                                              Those big bonus books like 1vice, americas bookie, hrwager etc. They all pay but will kick you out as soon as you cash out
                                              Comment
                                              • cincy
                                                SBR Sharp
                                                • 09-30-07
                                                • 403

                                                #24
                                                My limits got reduced from $250 to $25 this football season. That is ridiculous. No use for a place with $25 limits. Not sure why their rating moved from B+ to an A when they have ridiculous bet limits.
                                                Comment
                                                • ace7550
                                                  SBR MVP
                                                  • 05-08-15
                                                  • 3729

                                                  #25
                                                  They don't like winners. That's for damn sure.
                                                  Comment
                                                  • milwaukee mike
                                                    BARRELED IN @ SBR!
                                                    • 08-22-07
                                                    • 26914

                                                    #26
                                                    Originally posted by ace7550
                                                    They don't like winners. That's for damn sure.
                                                    sucks when places like that cut your limits to 25 or even 10 when you have a huge rollover to meet.

                                                    the only books winners can keep decent limits on all markets are bookmaker and betonline... and even bookmaker takes stuff off the board like tennis for certain players
                                                    Comment
                                                    • thagame24
                                                      SBR High Roller
                                                      • 08-23-07
                                                      • 219

                                                      #27
                                                      I wasn't gonna say anything because GT has been good to me over the years, but it's too perfect for this thread. I requested a btc payout on November 2nd, "approved" on the 3rd. Ok, sounds good right? Kept checking my wallet day after day, nothing. Finally on Friday I check in with live chat, the guy has the audacity to tell me that their 48 hour policy means 48 "business hours" and "as you know, there are only 8 business hours per day sir." So 48 hours means 6 business days according to GT. Received it in my wallet yesterday. Obvious slow roll during a huge BTC rally. I'd say they are a C book at best at this point, and dropping fast.
                                                      Comment
                                                      • ace7550
                                                        SBR MVP
                                                        • 05-08-15
                                                        • 3729

                                                        #28
                                                        Originally posted by thagame24
                                                        I wasn't gonna say anything because GT has been good to me over the years, but it's too perfect for this thread. I requested a btc payout on November 2nd, "approved" on the 3rd. Ok, sounds good right? Kept checking my wallet day after day, nothing. Finally on Friday I check in with live chat, the guy has the audacity to tell me that their 48 hour policy means 48 "business hours" and "as you know, there are only 8 business hours per day sir." So 48 hours means 6 business days according to GT. Received it in my wallet yesterday. Obvious slow roll during a huge BTC rally. I'd say they are a C book at best at this point, and dropping fast.
                                                        No way! It doesn't get more Mickey Mouse than that
                                                        That takes 2nd only to HRwager who sent a player a box full of loose ones and change.
                                                        Comment
                                                        • ace7550
                                                          SBR MVP
                                                          • 05-08-15
                                                          • 3729

                                                          #29
                                                          Originally posted by milwaukee mike
                                                          sucks when places like that cut your limits to 25 or even 10 when you have a huge rollover to meet.

                                                          the only books winners can keep decent limits on all markets are bookmaker and betonline... and even bookmaker takes stuff off the board like tennis for certain players
                                                          Yep. The drop in quality from A+ books to B+ books is huge.
                                                          Comment
                                                          • DontTailMe
                                                            SBR MVP
                                                            • 03-24-19
                                                            • 2897

                                                            #30
                                                            Originally posted by thagame24
                                                            I wasn't gonna say anything because GT has been good to me over the years, but it's too perfect for this thread. I requested a btc payout on November 2nd, "approved" on the 3rd. Ok, sounds good right? Kept checking my wallet day after day, nothing. Finally on Friday I check in with live chat, the guy has the audacity to tell me that their 48 hour policy means 48 "business hours" and "as you know, there are only 8 business hours per day sir." So 48 hours means 6 business days according to GT. Received it in my wallet yesterday. Obvious slow roll during a huge BTC rally. I'd say they are a C book at best at this point, and dropping fast.
                                                            That's obviously not what they mean by 48 hours. What a scumbag to try pulling that lie off with you. Just say you're sorry and you're getting to every transaction as soon as possible. Jeez.
                                                            Comment
                                                            • DISTROYA
                                                              SBR MVP
                                                              • 04-26-12
                                                              • 2911

                                                              #31
                                                              Originally posted by DontTailMe
                                                              GTBets is by far one of the quickest books to limit players. There's risk management...and then there's whatever GTBets is doing. Literally, win a few bets, and you're limited. It's nuts.

                                                              (This is based on my personal experience as well as that of acquaintances)
                                                              cannot agree more.
                                                              Played literally a couple days (2-3 tops?) played mostly MLB faves too, got cut to 700...500...300/game full sides.
                                                              Honestly dont know WTF kinda clientele they go after here. Even took away 1/2 point on favorite teams mid-season this year. Also took away betpoints, you know, those rewards where you risk about 50k to get what 50 bucks of freeplays if youre lucky? Yes even my 40 bucks accumulated were confiscated. I said how long will it take to get all funds withdraw via BTC and close account, the chat rep has the nerve to ask my why was I thinking of closing it. I laid it on them pretty thick in a civilized manner, but by far, this is the most paranoid (for no legit reason) bizarre and pathetic attempt for a book Ive ever come across in 25 years of sports betting, and have seen more than my share. Wagerweb a distant second.
                                                              Comment
                                                              • milwaukee mike
                                                                BARRELED IN @ SBR!
                                                                • 08-22-07
                                                                • 26914

                                                                #32
                                                                Originally posted by DontTailMe
                                                                That's obviously not what they mean by 48 hours. What a scumbag to try pulling that lie off with you. Just say you're sorry and you're getting to every transaction as soon as possible. Jeez.
                                                                that is a new one, 48 business hours and only 8 business hours in a day

                                                                gotta give the guy credit, with all the shitty excuses from all the shitty books, he gave us something original
                                                                Comment
                                                                • DISTROYA
                                                                  SBR MVP
                                                                  • 04-26-12
                                                                  • 2911

                                                                  #33
                                                                  I'm sure lotta people are being blindly limited left and right, so they are all pulling their funds in a rush. Prob have a run going on them. One last payout till free and clear of these epic idiots.
                                                                  Comment
                                                                  • hortonmi
                                                                    SBR Rookie
                                                                    • 09-14-20
                                                                    • 47

                                                                    #34
                                                                    I don't want to question SBR's rating protocols, however it's well documented that GTBets will limit winning players very quickly, if you take a + payout from them, you're as good as banished
                                                                    Comment
                                                                    • jjgold
                                                                      SBR Aristocracy
                                                                      • 07-20-05
                                                                      • 388189

                                                                      #35
                                                                      tiny book

                                                                      not even worth playing
                                                                      Comment
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