1. #1
    robbypark
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    FYI...BOL is out of Bitcoins

    I have a bitcoin payout pending for about two days now and after enquiring about it, I got an email from them that stating that they are temporarily out of Bitcoins, there is a delay and as soon as they process my payout they will let me know. I am welcome to cancel my payout on the cashier's tab if I want to.

    Pretty funny yet disgusting stuff.

  2. #2
    Fitz030808
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    That means they’re waiting for the price of bitcoin to go back up. Stall tactic in my opinion. I’m waiting on a bitcoin withdrawal from another book. It’s taking much longer than usual. I’m guessing due to the price of bitcoin taking a poop.

  3. #3
    robbypark
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    Quote Originally Posted by Fitz030808 View Post
    That means they’re waiting for the price of bitcoin to go back up. Stall tactic in my opinion. I’m waiting on a bitcoin withdrawal from another book. It’s taking much longer than usual. I’m guessing due to the price of bitcoin taking a poop.
    Wouldn't it be better for them to offload Bitcoins when the price is low rather than when they are high?

  4. #4
    Fitz030808
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    I don’t believe that to be true in this instance. They most likely took in deposits when BTC was worth more. That BTC is now worth substantially less.

  5. #5
    reigle9
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    Quote Originally Posted by robbypark View Post
    Wouldn't it be better for them to offload Bitcoins when the price is low rather than when they are high?
    buying high and selling low isn't the typical practice, no
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  6. #6
    bubba
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    Quote Originally Posted by robbypark View Post
    I have a bitcoin payout pending for about two days now and after enquiring about it, I got an email from them that stating that they are temporarily out of Bitcoins, there is a delay and as soon as they process my payout they will let me know. I am welcome to cancel my payout on the cashier's tab if I want to.

    Pretty funny yet disgusting stuff.
    Is this actually betonline and not a sister site? I ask because i asked betonline livechat right now, and they are not aware of any payout issues (bitcoin or otherwise). Also, as i posted in another thread, I have the same exact issue as you with lowvig (with the exception of getting a response from customer service).

  7. #7
    robbypark
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    Quote Originally Posted by bubba View Post
    Is this actually betonline and not a sister site? I ask because i asked betonline livechat right now, and they are not aware of any payout issues (bitcoin or otherwise). Also, as i posted in another thread, I have the same exact issue as you with lowvig (with the exception of getting a response from customer service).
    No, this is directly from Bet Online, a person named Connor. I'm sure the customer service would tell you that - but considering that BOL has the worst customer service I've ever seen and their agents never seem to have any idea what is going on, I wouldn't put too much stock in your live chat that much. If you'd like, initiate the live chat again, and reference the fact that Connor himself told another player about the Bitcoin delay issue.

  8. #8
    bubba
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    Quote Originally Posted by robbypark View Post
    No, this is directly from Bet Online, a person named Connor. I'm sure the customer service would tell you that - but considering that BOL has the worst customer service I've ever seen and their agents never seem to have any idea what is going on, I wouldn't put too much stock in your live chat that much. If you'd like, initiate the live chat again, and reference the fact that Connor himself told another player about the Bitcoin delay issue.
    I fully believe you, I was more testing to see if they would be truthful on what is going on. I cant say the agent lied due to my history with the poor betonline service. Its more likely the agent has no clue (even after looking into my question)

  9. #9
    robbypark
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    Quote Originally Posted by bubba View Post
    I fully believe you, I was more testing to see if they would be truthful on what is going on. I cant say the agent lied due to my history with the poor betonline service. Its more likely the agent has no clue (even after looking into my question)
    Yeah, I've dealt with Bet Online for years and their agents are just simply ignorant to everything - they literally have no idea as to any conversations or issues a person has ever had with them before.

  10. #10
    gauchojake
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    Is it possible that they sold all the btc so they weren't exposed to the crash?
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  11. #11
    vampire assassin
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    I received a BTC payout today from BOL *shrug*

  12. #12
    robbypark
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    Quote Originally Posted by vampire assassin View Post
    I received a BTC payout today from BOL *shrug*
    How long did it take from the time you made the request?

  13. #13
    littlekona
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    Don’t they use a 3rd party processors for btc? I’d bet it’s more a processor issue then anything else..

  14. #14
    Fishhead
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    Quote Originally Posted by gauchojake View Post
    Is it possible that they sold all the btc so they weren't exposed to the crash?
    That was my thought

  15. #15
    Waterstpub87
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    I got a bitcoin payout as well today from betonline. Took an hour.

  16. #16
    frankthetank
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    all out of bitcoin

  17. #17
    LLXC
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    Quote Originally Posted by Waterstpub87 View Post
    I got a bitcoin payout as well today from betonline. Took an hour.
    They always take ~48 hours for me :'(

  18. #18
    JoeCool20
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    1lol

  19. #19
    Fishhead
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    Quote Originally Posted by LLXC View Post
    They always take ~48 hours for me :'(
    Less than 14 hours here, always.

  20. #20
    jjgold
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    shrug

  21. #21
    Daddy89
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    Bitcoin could hit $3500

  22. #22
    vampire assassin
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    Two days, which is what it always takes for me.

  23. #23
    Fitz030808
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    I’m going on day 7 for a well known book. I truly believe as BTC slides, payout days will increase.

  24. #24
    robbypark
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    Just got my payout. Maybe they replenished their stock lol.

  25. #25
    qsgsg
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    books should not be holding on to BTC to reduce risk

  26. #26
    infotimbo
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    Quote Originally Posted by qsgsg View Post
    books should not be holding on to BTC to reduce risk
    yeah, I agree, it's not a bad sign at all if a book is not sitting on a bunch of bitcoins.

    Payouts still seem to be slow though (with Ethereum at least, haven't tried Bitcoin)

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