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sportsbettor5

sportsbettor5

Joined
Jan 14, 2022
Messages
539
Another issue you’ll run into is this scenario:

It’s a NFL Sunday morning at 11:00am EST and you withdraw $1000 from Book A to Book B directly.

Suppose it’s a book like that BetOnline that’ll pay in under 15 minutes. They send the Btc at 11:15am EST. Great.

You wait and you wait but the Btc doesn’t hit Book B until 1:30pm EST. Too late, you missed kickoff.

How did this happen? Because you have no control over the sending fee that BetOnline used so it took 2.5 hours get confirmed.

Had you been in control of the Btc at 11:15am you could have sent it with a higher fee ($2-3) and it would have hit Book B within minutes.

This is just one example of many why it is not a good idea to send Btc directly from Book A to Book B.

Should anyone be interested in hiring a Gambling Coach please reach out to me. Rates begin at $750/hour.

BAUS
Doesn't make sense. If BOL's sending fee is too low, then the transaction will sit in the mempool regardless of whether you send to Book B or to your intermediate wallet. Both of those destinations are just bitcoin addresses and the bitcoin miners use the fee to prioritize or deprioritize your transaction for inclusion in a block. The direct book-book transfer will again be faster.

What you've written is a justification for keeping some BTC in your personal wallet though. The problem there is of course that BTC is highly volatile so keeping the money there means you might lose a bunch of value.

BTW sorry if my comments come off as adversarial. That's not my intention.
 

mikesmith99

mikesmith99

Joined
Jan 8, 2022
Messages
2,908
Not overtly. Some books are known to give 1-3% less than market value.

Pinnacle is actually one of the worst for this. Both on deposits and withdrawals.

BetOnline is the most honest in this respect.

BAUS
Hey man, if I already have an account with BO, is their any good reasons for going with another at Pinnacle? Besides the different odds?
 

mikesmith99

mikesmith99

Joined
Jan 8, 2022
Messages
2,908
Yes, it is always best to have as many trustworthy outs as possible for line shopping. As many as your BR will allow.

BAUS
Oh no totally get that part. Its just that I went with BO because their crypto policy seemed better than Pinnacle. So i was wondering instead of going for more of the same maybe give priority to another book with better bonus and free plays or reduced juice lines (lol my fav). But yeah I guess their is a reason why they are A+ on here. That pretty much should tell me all I need to know.

Thanks anyways!
 

Markush

Markush

Joined
Oct 28, 2021
Messages
126
@Markush

BAUS is correct about this.
Thanks, yes! One of the reasons why my perception about Pinnacle has been rocked a little bit. Glad to have found this forum. Beyond the Reviews, this is like an enhanced version of Amazon comments. Nothing like talking to fellow bettors with actual experience in the day to day operations of these companies.
 
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