1. #1
    teacher10
    teacher10's Avatar SBR PRO
    Join Date: 08-28-18
    Posts: 1,103
    Betpoints: 12

    Cashiers Check or BTC?

    It seems like most people use BTC as their primary form of payout. From the other thread, March payment, it's usually quick where your money hits your wallet within a few hours unlike a cashiers check that could take 3 weeks. Is there any other downside or upside to in using cashiers check as a form of payout or just a personal preference?
    175 pts

    3-QUESTION
    SBR TRIVIA WINNER 04/05/2021

    175 pts

    3-QUESTION
    SBR TRIVIA WINNER 04/01/2021


  2. #2
    Shifty
    Shifty's Avatar Become A Pro!
    Join Date: 08-10-08
    Posts: 410
    Betpoints: 5603

    Cashiers check advantage is stability, you get the exact amount. Bitcoin is quicker but you could lose or gain 1% or more because of BTC price fluctuation. You can't sell BTC immediately, it takes time to clear (confirmations). I usually lose some on BTC payouts because of trading fees.

  3. #3
    playerBM
    playerBM's Avatar Become A Pro!
    Join Date: 03-21-21
    Posts: 17
    Betpoints: 84

    good luck cashing that check, I've had multiple bounced before bitcoin days

  4. #4
    Mugsy777
    Mugsy777's Avatar Become A Pro!
    Join Date: 08-26-20
    Posts: 76
    Betpoints: 601

    bitcoin by far

  5. #5
    pimike
    SPORTS IS MONEY
    pimike's Avatar SBR PRO
    Join Date: 03-23-08
    Posts: 33,088
    Betpoints: 98

    Depends

    Do you want to give to the wife or hide it?

    Wife likes to see those checks. Bitcoin you can hide it.

    SBR Bash
    Punta Cana
    Attendee 2/4/2017


  6. #6
    Limited
    Limited's Avatar Become A Pro!
    Join Date: 09-18-15
    Posts: 247
    Betpoints: 4091

    BTC is by far better option, specially if you never sold back to $

  7. #7
    BigJay
    BigJay's Avatar Become A Pro!
    Join Date: 01-14-12
    Posts: 2,637
    Betpoints: 3671

    If it’s a check from Canada many banks place a long hold. I had WF charge me $50 bucks surcharge on a check from Canada once.

    My local credit union wouldn’t even let me deposit it.

    International checks much more trouble than they’re worth with BTC option out there

Top