Anyone else have $5000 maximum BTC payout per month?
Seems rather low for a book that accepts large bets.
BAUS
pimike
BARRELED IN @ SBR!
03-23-08
37139
#2
I believe that is not correct.
/ Max $40,000.
What is the minimum/maximum withdrawal amount Betnow accepts?
$5 USD or BTC equivalent / $15,000 USD or BTC equivalent per month.
$5 - $5,000 = no fee.
We can accommodate you with larger Bitcoin payouts by simply contacting one of our Customer Service Representatives.
Comment
BAUS
SBR MVP
08-10-05
2191
#3
I will have to contact support. When I try to withdraw I get a message that says I’ve already surpassed my monthly limit ($5000).
BAUS
Comment
pimike
BARRELED IN @ SBR!
03-23-08
37139
#4
Originally posted by BAUS
I will have to contact support. When I try to withdraw I get a message that says I’ve already surpassed my monthly limit ($5000).
BAUS
Yea
I took out more in a month. But that was before this COVID stuff.
That was info on the site I posted.
Let’s us know BAUS. Good seeing you.
Comment
pimike
BARRELED IN @ SBR!
03-23-08
37139
#5
Originally posted by pimike
Yea
I took out more in a month. But that was before this COVID stuff.
yes call. they can possibly accommodate larger $$$ as it says in bullet 2.
i get the same $5K when i go to payout.
Comment
GradyFuson
SBR High Roller
06-03-17
218
#9
I think it was $5k/wk, but they just changed mine to $5k/mth also. They must have some big balances hehehe
Comment
BAUS
SBR MVP
08-10-05
2191
#10
They will not budge on their 5k Bitcoin per month, despite what it says on the site.
BAUS
Comment
pimike
BARRELED IN @ SBR!
03-23-08
37139
#11
Originally posted by BAUS
They will not budge on their 5k Bitcoin per month, despite what it says on the site.
BAUS
Can you request wire or checks?
Comment
KS1986
SBR Wise Guy
05-20-17
558
#12
I have 5k monthly too, recent change.
Comment
BAUS
SBR MVP
08-10-05
2191
#13
Originally posted by pimike
Can you request wire or checks?
Yes, but of course fees apply.
BAUS
Comment
PD77
SBR MVP
12-11-09
2381
#14
Why does it say Cash App is not an option at the bottom of the screenshot?
Comment
DontTailMe
SBR MVP
03-24-19
2897
#15
Originally posted by PD77
Why does it say Cash App is not an option at the bottom of the screenshot?
You wouldn't want to send to/from Cash App, would you? They're probably trying to protect customers from getting their Cash App accounts banned. They could probably add Coinbase and a whole host of other financial institutions.
Comment
pimike
BARRELED IN @ SBR!
03-23-08
37139
#16
Originally posted by BAUS
Yes, but of course fees apply.
BAUS
Well if you can’t wait a month you have options to pay to get more out.
That’s good.
Comment
PD77
SBR MVP
12-11-09
2381
#17
Originally posted by DontTailMe
You wouldn't want to send to/from Cash App, would you? They're probably trying to protect customers from getting their Cash App accounts banned. They could probably add Coinbase and a whole host of other financial institutions.
That was part of the reasoning for my question, why only cash app if that is the reason they listed it there. I don’t play at this book, just thought it was odd.
Comment
DontTailMe
SBR MVP
03-24-19
2897
#18
Originally posted by PD77
That was part of the reasoning for my question, why only cash app if that is the reason they listed it there. I don’t play at this book, just thought it was odd.
Perhaps thev've run into complaints from customers who used Cash App but not others (yet).
Comment
BAUS
SBR MVP
08-10-05
2191
#19
Originally posted by pimike
Well if you can’t wait a month you have options to pay to get more out.
That’s good.
Well, not really. BTC is faster and no fees. Why would I want to pay $80 to get a check the bank will hold for 30 days?
BAUS
Comment
pimike
BARRELED IN @ SBR!
03-23-08
37139
#20
Originally posted by BAUS
Well, not really. BTC is faster and no fees. Why would I want to pay $80 to get a check the bank will hold for 30 days?
BAUS
My bank doesn’t hold checks for 30 days. They actually will send you money orders. They are the only 10 cent line to -200 for USA people. I agree bitcoin limits are currently to low but I still like them and their free contest.
Glad your winning like usual.
Comment
BAUS
SBR MVP
08-10-05
2191
#21
Originally posted by pimike
My bank doesn’t hold checks for 30 days. They actually will send you money orders. They are the only 10 cent line to -200 for USA people. I agree bitcoin limits are currently to low but I still like them and their free contest.
Glad your winning like usual.
Yea I hear you. They have a lot of positives, but the BTC payout limit is holding them back.
BAUS
Comment
Optional
Administrator
06-10-10
60832
#22
Maybe they choose to have a 5k withdraw limit as they are not interested in large bettors?
When you're the type wanting to make 100k bets, some books are just not going to cater for you.
.
Comment
Miz
SBR Wise Guy
08-30-09
695
#23
Same thing happened to me. I took a a check after the 5 in btc. Showed up and deposited with no issues. 1 day hold at bank. Not 30. They use same check issuer that bol does
Comment
Optional
Administrator
06-10-10
60832
#24
Originally posted by Miz
Same thing happened to me. I took a a check after the 5 in btc. Showed up and deposited with no issues. 1 day hold at bank. Not 30. They use same check issuer that bol does
So they don't have a 5k month max payout limit?
How much can you actually withdraw per month if you wish to use all methods?
.
Comment
BAUS
SBR MVP
08-10-05
2191
#25
Originally posted by Optional
Maybe they choose to have a 5k withdraw limit as they are not interested in large bettors?
When you're the type wanting to make 100k bets, some books are just not going to cater for you.
Their BTC payout limit doesn’t line up with their betting limits. They take $5000 bets on baseball.
BAUS
Comment
Optional
Administrator
06-10-10
60832
#26
Originally posted by BAUS
Their BTC payout limit doesn’t line up with their betting limits. They take $5000 bets on baseball.
BAUS
Your choices don't line up with their offerings is more like the problem.
Withdraw limits are probably fine for people who don't insist on only using one specific payout method.
If you want to compare to bet limits, at least compare them to the max you can withdraw if you make use of other offered methods.
You say you won't take a check due to an $80 fee, but in another thread say you choose to take a $900 loss to take bitcoin from Pinny, who also have loads of other choices that would save you all of that cost.
It's just fine if you want to keep all your money transfers secret, but thats your choice to limit your own options.
.
Comment
BAUS
SBR MVP
08-10-05
2191
#27
Originally posted by Optional
Your choices don't line up with their offerings is more like the problem.
Withdraw limits are probably fine for people who don't insist on only using one specific payout method.
If you want to compare to bet limits, at least compare them to the max you can withdraw if you make use of other offered methods.
You say you won't take a check due to an $80 fee, but in another thread say you choose to take a $900 loss to take bitcoin from Pinny, who also have loads of other choices that would save you all of that cost.
It's just fine if you want to keep all your money transfers secret, but thats your choice to limit your own options.
It’s not a secret. Allow me to explain.
BTC is lightning quick, and there are little to no fees for either party (assuming the sender doesn’t skim a little for their Christmas party fund).
A paper cheque is going to be 3-6 business days roughly and cost me $80. Then I have to physically take it to a bank. The bank will convert the USD>CAD and I will lose 2-3% on XE.
Wire, same as above, but without the trip to the bank.
This shop offers $5000 limits on MLB and likely more on NFL (can’t remember precisely). I like BetNow overall, however, their BTC payout limits do not match their betting limits.
Keep in mind:
BOL 100k per month
Sportsbetting 100k per month
BM 500k per month
Pinnacle 1.4 million per month
I’m not suggesting they should be at the level of those shops, but 20k BTC per month should be a reasonable expectation in the current offshore sphere.
You say you won't take a check due to an $80 fee, but in another thread say you choose to take a $900 loss to take bitcoin from Pinny, who also have loads of other choices that would save you all of that cost.
Since Pinnacle does not clearly state what their BTC payout fees are (hidden or not) it was a surprise to be skimmed so hard. Also I was withdrawing my remaining amount since I have no more use for post up Pinnacle. Have plenty of credit available there.
BAUS
Comment
brendon
SBR Sharp
12-10-09
443
#29
betnow payout was 5k bitcoin per week up until recently. I even had multiple 5k payouts in a week last football season. I think this is temporary.
Comment
BAUS
SBR MVP
08-10-05
2191
#30
Originally posted by brendon
betnow payout was 5k bitcoin per week up until recently. I even had multiple 5k payouts in a week last football season. I think this is temporary.
Yes, I’m hoping this will be rectified once NFL starts up.
BAUS
Comment
Optional
Administrator
06-10-10
60832
#31
Originally posted by BAUS
It’s not a secret. Allow me to explain.
BTC is lightning quick, and there are little to no fees for either party (assuming the sender doesn’t skim a little for their Christmas party fund).
A paper cheque is going to be 3-6 business days roughly and cost me $80. Then I have to physically take it to a bank. The bank will convert the USD>CAD and I will lose 2-3% on XE.
Wire, same as above, but without the trip to the bank.
This shop offers $5000 limits on MLB and likely more on NFL (can’t remember precisely). I like BetNow overall, however, their BTC payout limits do not match their betting limits.
Keep in mind:
BOL 100k per month
Sportsbetting 100k per month
BM 500k per month
Pinnacle 1.4 million per month
I’m not suggesting they should be at the level of those shops, but 20k BTC per month should be a reasonable expectation in the current offshore sphere.
BAUS
The point is that you take no responsibility for those choices that you made.
And carry on like they are bad for not working the way you think they should.
You're being unreasonable.
If you dont want to make use of offered methods, cool. But dont act like its the books fault or like they have a 5k withdraw limit.
.
Comment
GradyFuson
SBR High Roller
06-03-17
218
#32
Originally posted by Optional
The point is that you take no responsibility for those choices that you made.
And carry on like they are bad for not working the way you think they should.
You're being unreasonable.
If you dont want to make use of offered methods, cool. But dont act like its the books fault or like they have a 5k withdraw limit.
The major frustration here is that a sportsbook that at deposit time listed a $15k/mth in payouts has now moved the goal posts and only allowing $5k/mth.
The point of making a post about it is to alert other gamblers and discourage other sports books from changing policies on a whim.
Frustration increases when forum moderators support the book in changing their rules.
Comment
BAUS
SBR MVP
08-10-05
2191
#33
Message in the cashier:
We can accommodate you with larger bitcoin payouts based on availability. Simply contact one of our customer service representatives and they gladly assist you.
I did contact them, was told no.
Let’s also remember that they accept up to $40,000 in BTC deposits.
BAUS
Comment
Alfie White
SBR Wise Guy
09-02-17
680
#34
Oh look, BAUS boi and other degenerate are giving a wank again, piss off bois, get a grip.