Betnow Removes Bitcoin Payout Option

[Ace7550]

Betnow has removed bitcoin from their crypto payout options. This makes it so that you can only withdraw $5,000 a month cumulatively between Litecoin, Tether, and Ethereum.

 

[btcfan]

Thought they stopped paying and were a deposit only shop now...

 

[titan]

Thought they stopped paying and were a deposit only shop now...

From what I understand, after the their Black Monday, which was last September. They started to get a lot smarter with limiting people, turning off the Live and PropBuilder faucet and are now paying people giving them 'normal' action. My account with them is still alive but I can't bet anything but spreads and totals on MLB, NHL, NBA and NFL. $50 Max limits and can't bet anything else, no Professional Soccer, not College Basketball, nothing (else) lol

 

[btcfan]

"Normal action"....LOL. Yep...selectively paying people. No change.

 

[titan]

Yes, Normal as in Bob throwing down $400 on something that is -EV, has no CLV and isn't bet too soon in the week or too close to kick/tipoff lol

 

[btcfan]

Maybe even Bob betting the coin flip on the SB at -120! Bob is their favorite guy!

 

[jyumni]

Betnow went south so fast
used to be my favorite

 

[Ace7550]

I have only heard one or two stiff stories here at BMR. Every single person I know personally that uses them has not had an issue getting paid.
That being said, it's true that if you hit soft or stale lines repeatedly you will get limited severely.
In the past I would have quit using them. but un-regulated is in dire straits. Very few options left with upside.

 

[redthetiger]

BetNow closed the poker room option with no notice, and those funds are nowhere to be found. They'd already put ridiculous requirements on poker winnings there saying a certain number of hands had to be played, otherwise they'd be forfeited. I never could get an answer on what was actually required to transfer those funds from the poker room to their sportsbook. Not a good look given everything else that's happened.

 

[Ace7550]

Bitcoin is back as a payout option.

 

[JDS]

Bitcoin is back as a payout option.

Thanks for the updates Ace, actually prefer this shop over Betanything right now.

 

[Ace7550]

Thanks for the updates Ace, actually prefer this shop over Betanything right now.

They both have their pros and cons. At least betnow hasn't resorted to spooling. That shit drives me nuts. Betany has much better withdrawal limits though.

 

[donkey2424]

I requested a 4k bitcoin this morning
And a 2900 bank draft
I will update on how it goes

 

[Ace7550]

I requested a 4k bitcoin this morning
And a 2900 bank draft
I will update on how it goes

Nice. I received 4k bitcoin about a week ago.

 

[donkey2424]

Nice. I received 4k bitcoin about a week ago.

Awesome...ive never had a problem with them so hopefully it stays smooth

 

[caramba]

Why are books doing this?

 

[donkey2424]

Got my bitcoin already
And bank wire has been processed so will have by friday im assuming