1. 03-06-17 05:56 PM #1
    ucbearcats1027
    ucbearcats1027's Avatar Become A Pro!
    Join Date: 01-05-09
    Posts: 903
    Betpoints: 175

    Bitcoin double spend?

    I requested a payout today via bitcoin and it's been unconfirmed for 3 hours and it says warning this is a double spend. You should be extremely careful when trusting any transaction from this user. What does this mean? Should I notify the book?
    Reply With Quote Reply With Quote
  2. 03-06-17 06:48 PM #2
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 57,784
    Betpoints: 9183

    Quote Originally Posted by ucbearcats1027 View Post
    I requested a payout today via bitcoin and it's been unconfirmed for 3 hours and it says warning this is a double spend. You should be extremely careful when trusting any transaction from this user. What does this mean? Should I notify the book?
    Yes you should let the book know.

    It means some part of the bitcoins you have been sent have also been sent to another address.
    Reply With Quote Reply With Quote
  3. 03-06-17 06:59 PM #3
    ucbearcats1027
    ucbearcats1027's Avatar Become A Pro!
    Join Date: 01-05-09
    Posts: 903
    Betpoints: 175

    Thanks I messaged them and they said "this is normal, give it time". lol I never had this happen. I'll give it till tomorrow but guessing it won't ever get confirmed
    Reply With Quote Reply With Quote
  4. 03-06-17 07:14 PM #4
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 57,784
    Betpoints: 9183

    Quote Originally Posted by ucbearcats1027 View Post
    Thanks I messaged them and they said "this is normal, give it time". lol I never had this happen. I'll give it till tomorrow but guessing it won't ever get confirmed
    LOL... wonder if they would call it normal if you sent btc them that came up with that message

    But, the system will eventually clear the double spend thing and you either will get the coins or they will be cancelled. At which point the book will be able to see that has happened from the blockchain record and will pay you again.

    Could not even guess how long it might take. Hopefully soon for you.
    Reply With Quote Reply With Quote
  5. 03-06-17 07:51 PM #5
    chosen4th
    chosen4th's Avatar Become A Pro!
    Join Date: 12-29-12
    Posts: 1,106
    Betpoints: 886

    hey optional- i had the same exact thing happen to me at heritage today, and now the bitcoin has disappeared from my wallet, and its not back in my sports book.. heritage is saying wait till the morning.. how should i handle this
    Reply With Quote Reply With Quote
  6. 03-06-17 07:57 PM #6
    ucbearcats1027
    ucbearcats1027's Avatar Become A Pro!
    Join Date: 01-05-09
    Posts: 903
    Betpoints: 175

    Yes mine is from same and it disappeared as well now which means it was canceled. They must of messed something up with them all today. I'm sure they will fix tomorrow.
    Reply With Quote Reply With Quote
  7. 03-06-17 07:58 PM #7
    chosen4th
    chosen4th's Avatar Become A Pro!
    Join Date: 12-29-12
    Posts: 1,106
    Betpoints: 886

    Quote Originally Posted by ucbearcats1027 View Post
    Yes mine is from same and it disappeared as well now which means it was canceled. They must of messed something up with them all today. I'm sure they will fix tomorrow.
    Ucbear- your issue with heritage?
    Reply With Quote Reply With Quote
  8. 03-06-17 08:10 PM #8
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 57,784
    Betpoints: 9183

    Quote Originally Posted by chosen4th View Post
    hey optional- i had the same exact thing happen to me at heritage today, and now the bitcoin has disappeared from my wallet, and its not back in my sports book.. heritage is saying wait till the morning.. how should i handle this
    Sounds like Heritage know about it. They probably just need to wait until a bitcoin expert comes in for work at a guess.
    Reply With Quote Reply With Quote
  9. 03-06-17 08:15 PM #9
    ucbearcats1027
    ucbearcats1027's Avatar Become A Pro!
    Join Date: 01-05-09
    Posts: 903
    Betpoints: 175

    Quote Originally Posted by chosen4th View Post
    Ucbear- your issue with heritage?
    Yeah
    Reply With Quote Reply With Quote
  10. 03-06-17 09:29 PM #10
    ehp6737
    ehp6737's Avatar Become A Pro!
    Join Date: 12-11-08
    Posts: 4,185
    Betpoints: 32

    Same here. Heritage w/d was there pending with 0 confirmations, now it disappeared like it never was there. Never had that happen before,nor knew it was possible to reverse or cancel a btc trans
    Reply With Quote Reply With Quote
  11. 03-06-17 09:48 PM #11
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 57,784
    Betpoints: 9183

    Quote Originally Posted by ehp6737 View Post
    Same here. Heritage w/d was there pending with 0 confirmations, now it disappeared like it never was there. Never had that happen before,nor knew it was possible to reverse or cancel a btc trans

    If you send some bitcoin with a fee lower than the minimum ratio, so it isn't picked up by a miner and written to the blockchain record very fast, then resend the same btc a few seconds later to yourself with a proper size fee. Then, if the 2nd transaction gets picked up first (as would be expected with the fee levels), the original transaction is cancelled once it hits the blockchain.

    There is a publicly available script to do this floating around.

    Unless the victim is some sort of company that honors transactions with zero confirmations, or does not monitor their btc wallets properly and do not notice the network warning and reversal, then it's really not much use to anyone apart from script kiddies trying to be vandalistic.

    Chances are someone tried to do this to Heritage and they happened to use those deposited funds to pay people before the bad tx hit the blockchain.
    Reply With Quote Reply With Quote
  12. 03-06-17 09:54 PM #12
    chosen4th
    chosen4th's Avatar Become A Pro!
    Join Date: 12-29-12
    Posts: 1,106
    Betpoints: 886

    I wish Betcoin had a better interface on their site, their payouts are never an issue, usually under an hour.. heritage is just such a great site
    Reply With Quote Reply With Quote
  13. 03-06-17 10:56 PM #13
    rockmvp1209
    rockmvp1209's Avatar Become A Pro!
    Join Date: 09-27-13
    Posts: 755
    Betpoints: 3931

    in a situation like this ive heard of books actually saying "we sent it, we did our part, nothing we can do if you didn't receive it"
    Reply With Quote Reply With Quote
  14. 03-06-17 11:13 PM #14
    raiders72001
    raiders72001's Avatar SBR PRO
    Join Date: 08-10-05
    Posts: 10,488
    Betpoints: 15350

    Quote Originally Posted by rockmvp1209 View Post
    in a situation like this ive heard of books actually saying "we sent it, we did our part, nothing we can do if you didn't receive it"
    It's definitely the books fault and can be proven. Just make sure that you keep a record of the bitcoin address that you told them to pay. SBR can easily track it.
    Reply With Quote Reply With Quote
  15. 03-07-17 03:32 AM #15
    TheMoneyShot
    TheMoneyShot's Avatar Become A Pro!
    Join Date: 02-14-07
    Posts: 28,681
    Betpoints: 23701

    I'd be so pissed off. Wow.

    Books can't even get a simple Bitcoin transaction payout request down properly now? Jesus.
    Reply With Quote Reply With Quote
  16. 03-07-17 05:53 AM #16
    big joe 1212
    big joe 1212's Avatar Become A Pro!
    Join Date: 06-01-08
    Posts: 19,376
    Betpoints: 5365

    Same thing happened to me yesterday on a deposit. It cleared up within a few hours.
    Reply With Quote Reply With Quote
  17. 03-07-17 08:39 AM #17
    chosen4th
    chosen4th's Avatar Become A Pro!
    Join Date: 12-29-12
    Posts: 1,106
    Betpoints: 886

    this still isnt cleared up.. my withdraw was for $1500 so im really hoping this doesnt turn into a messy situation
    Reply With Quote Reply With Quote
  18. 03-07-17 08:50 AM #18
    chosen4th
    chosen4th's Avatar Become A Pro!
    Join Date: 12-29-12
    Posts: 1,106
    Betpoints: 886

    ok so the bitcoin is now in my wallet at blockchain, and im trying to move it to coinbase and its not letting me, saying that the money is already spent? so now im contacting blockchain to find out whats going on
    Reply With Quote Reply With Quote
  19. 03-07-17 09:45 AM #19
    Heritage Insider
    Heritage Insider's Avatar Become A Pro!
    Join Date: 09-06-11
    Posts: 265
    Betpoints: 19934

    Bitcoin

    We have recognized an issue related to our sending wallet. We are working with the provider to source what the issue is.

    All transactions were sent within our same day commitment and we saw all the transactions pending at the close of business last night. Some were confirmed and others did not get confirmed.

    We use the dynamic fee's as advised by our provider to ensure the transactions are confirmed in a timely manner.

    We have records of those that were confirmed and those that weren't. We are monitoring this closely and will continue to make sure that all clients receive their btc.

    Appreciate the patience as we work to resolve this.

    Insider!
    Reply With Quote Reply With Quote
  20. 03-07-17 01:34 PM #20
    hello1234567
    hello1234567's Avatar Become A Pro!
    Join Date: 12-05-13
    Posts: 230
    Betpoints: 2222

    Sent money from Blockchain to Bitpay 6 hours ago with a higher fee, still zero confirmations. Delaying again.
    Reply With Quote Reply With Quote
  21. 03-07-17 02:45 PM #21
    chosen4th
    chosen4th's Avatar Become A Pro!
    Join Date: 12-29-12
    Posts: 1,106
    Betpoints: 886

    Blockchain is horrible for wallets.. my money hit my blockchain wallet but I can't do anything with it and their customer support reps are like dealing with idiots
    Reply With Quote Reply With Quote
  22. 03-07-17 03:24 PM #22
    ucbearcats1027
    ucbearcats1027's Avatar Become A Pro!
    Join Date: 01-05-09
    Posts: 903
    Betpoints: 175

    Received my payout today. Heritage fixed the issue first thing this morning. So nice dealing with a book that is fast and keeps you in the loop.
    Reply With Quote Reply With Quote
  23. 03-07-17 03:34 PM #23
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 57,784
    Betpoints: 9183

    Quote Originally Posted by ucbearcats1027 View Post
    Received my payout today. Heritage fixed the issue first thing this morning. So nice dealing with a book that is fast and keeps you in the loop.
    Good news


    Everyone else paid properly now too?
    Reply With Quote Reply With Quote
  24. 03-07-17 04:08 PM #24
    Heritage Insider
    Heritage Insider's Avatar Become A Pro!
    Join Date: 09-06-11
    Posts: 265
    Betpoints: 19934

    Bitcoin

    Here is the crux of the problem.

    We have made several inquiries and are doing everything we can, but it looks like it boils down to traffic issues.

    https://blockchain.info/unconfirmed-transactions

    Hopefully, things will pickup soon and we appreciate everyone's patience and we hope things get back to normal asap.

    Insider!
    Reply With Quote Reply With Quote
Top
« Previous Thread | Sportsbooks & The Industry | Next Thread »