[thomorino]

I cashed some decent sized wagers today and was told that I couldn't withdraw using bitcoin because my last deposit was not using bitcoin, and I was only entitled to 2 bitcoin withdrawals since my last deposit was using a ********. **************************************** *****

How the fuk is this book rated the same as Heritage, Heritage processes every withdrawal in 3 hours. I understand that books don't want to be used as conduits to buy bitcoin and bitcoin can be volatile but when bitcoin is stabile, as it is right now, there is no excuse for this. Youwager is a solid book but it is not in the same category as Heritage, and you can see that with slow opening lines, some absurd payment limitations, and customer service where you are on hold for 5-10 minutes repeatedly. I don't know of any A rated book that refuses bitcoin payouts other than youwager, and there is no rationale reason for this in the vast majority of cases.

[Optional]

Do you believe some of the crap you say Thommo? "No rational reason", "no excuse", "absurd limitations".

I understand that books don't want to be used as conduits to buy bitcoin

But then you post the reason...

[thomorino]

You have to be joking me. There's no reason why anyone depositing using a credit card to sports book that rolls over the deposit multiple times would be using the sportsbooks as a conduit for bitcoin. I deposited less than $300 to take the max bonus. I wanted to withdraw $850 after already making 2 withdrawals using bitcoin nearly 2 months later. Youwager's policy makes no sense for 2 main reasons. First, I deposited less than 1k, so it wouldn't be worth my while to go to that kind of trouble to buy bitcoin. Second, why would the process 2 bitcoin payment for people who don't deposit using bitcoin, but not process a third until you redeposit using bitcoin - even if the deposit is $20. Youwager is the only book with this policy. There is no other A rated book that refuses to pay in bitcoin simply because you did not deposit in bitcoin.

If youwager wants to limit bitcoin withdrawals to people who are sports bettors then all they have to do is impose a rollover requirement before withdrawls of 2-3x the deposit. We all know the real reason they aren't processing bitcoin withdrawals is because they don't want risk losing money since bitcoin has been consistently going up for some time - that's fine but their alternative payouts option suck, no ach, no other digital currencies. It is absolutely embarrassing to compare betonline and Heritage's payout option to youwager - they aren't in the same league.

[BAUS]

Youwager could also stand to raise the $1000 daily maximum payout via BTC.

BAUS

[Optional]

Not joking Thommo.

It's not an abnormal policy. Very few offshore don't have some sort of rules about Bitcoin transfers like this.

Even with international books many require payouts back to a card or ewallet you deposited with.

I get it's inconvenient the first time you find out about it but not worth ranting about. Got to be reasonable and accept books get to manage their business how they see fit sometimes.

[thomorino]

I agree their should be limits for large bitcoin transfers when its volatile - but not allowing any withdrawals with bitcoin simply because you didn't deposit using bitcoin and then not having a single good alternative payout methods like a wire for people who want to withdraw more than 500 dollars is not acceptable for an A rated book.

[thomorino]

I'm getting to the point where I'm just going to use Heritage for 90% of my action unless I can get a great bonus. I cashed out a good amount from youwager, but who the fuk wants to pay 50 dollars to withdraw 400 dollars. And the best part is if I deposit 10 dollars using bitcoin I can then withdraw using bitcoin - showing how absurd this so called policy is. I just can't do it right away because I use coinbase and it takes several days to load my account.

[Optional]

I agree their should be limits for large bitcoin transfers when its volatile - but not allowing any withdrawals with bitcoin simply because you didn't deposit using bitcoin and then not having a single good alternative payout methods like a wire for people who want to withdraw more than 500 dollars is not acceptable for an A rated book.

That's a fair point.

If their limit is only $1000 anyway they should give players a free pass for the first time.

Maybe it would be worth doing a bitcoin deposit and the 1x rollover to get approved? And if they allow that retrospectively.


Low limits and extra rules suggests to me that they either aren't as keen on bitcoin as other books, or maybe they are managing all the bitcoin payments themselves instead of using a processor and want to keep the risk low.

[theviking]

You have to be joking me. There's no reason why anyone depositing using a credit card to sports book that rolls over the deposit multiple times would be using the sportsbooks as a conduit for bitcoin. I deposited less than $300 to take the max bonus. I wanted to withdraw $850 after already making 2 withdrawals using bitcoin nearly 2 months later. Youwager's policy makes no sense for 2 main reasons. First, I deposited less than 1k, so it wouldn't be worth my while to go to that kind of trouble to buy bitcoin. Second, why would the process 2 bitcoin payment for people who don't deposit using bitcoin, but not process a third until you redeposit using bitcoin - even if the deposit is $20. Youwager is the only book with this policy. There is no other A rated book that refuses to pay in bitcoin simply because you did not deposit in bitcoin.

If youwager wants to limit bitcoin withdrawals to people who are sports bettors then all they have to do is impose a rollover requirement before withdrawls of 2-3x the deposit. We all know the real reason they aren't processing bitcoin withdrawals is because they don't want risk losing money since bitcoin has been consistently going up for some time - that's fine but their alternative payouts option suck, no ach, no other digital currencies. It is absolutely embarrassing to compare betonline and Heritage's payout option to youwager - they aren't in the same league.

No reason that you understand, trying thinking bigger than only your self, then maybe you will understand.

Youwager is one of the few bookmakers where u can withdraw parts of your money before finishing your rollover.... in betonline you cant, so no its not "embarrassing" at all, its just to deposit with bitcoin, problem solved,

[JAKEPEAVY21]

that is a pretty standard rule

any professional should know all the rules PRIOR to depositing

[thomorino]

that is a pretty standard rule

any professional should know all the rules PRIOR to depositing

Lol, your posts are all garbage. Its not a standard rule at all - that's the point.

[JAKEPEAVY21]

Lol, your posts are all garbage. Its not a standard rule at all - that's the point.

many books have that rule you loudmouth blowhard

[theviking]

Lol, your posts are all garbage. Its not a standard rule at all - that's the point.

its pretty standard , and you should be happy for it . for your own security

[RoyBacon]

Youwager could also stand to raise the $1000 daily maximum payout via BTC.

BAUS

I'll second this.

[thomorino]

Alol, its not a common or reasonable practice to limit bitcoin deposits to people who deposit in bitcoin at A rated books. Just false.

[TheMoneyShot]

I cashed some decent sized wagers today and was told that I couldn't withdraw using bitcoin because my last deposit was not using bitcoin, and I was only entitled to 2 bitcoin withdrawals since my last deposit was using a ********. **************************************** *****

How the fuk is this book rated the same as Heritage, Heritage processes every withdrawal in 3 hours. I understand that books don't want to be used as conduits to buy bitcoin and bitcoin can be volatile but when bitcoin is stabile, as it is right now, there is no excuse for this. Youwager is a solid book but it is not in the same category as Heritage, and you can see that with slow opening lines, some absurd payment limitations, and customer service where you are on hold for 5-10 minutes repeatedly. I don't know of any A rated book that refuses bitcoin payouts other than youwager, and there is no rationale reason for this in the vast majority of cases.

I'm trying to get this story straight? You asked for a PO via Bitcoin... but they wouldn't allow it because your previous deposit was something other than BITCOIN?

If this is what happened... then JP21 is correct. It's a standard procedure... even at a book like Heritage Sports.

[big joe 1212]

Standard procedure. However, if you’ve used bitcoin most of the time they will override and let you cash out via bitcoin, even if your last deposit wasn’t via bitcoin. Must be a case by case basis.