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Author Topic: Betcoin.ag(PAID ALL NOW)  (Read 2710 times)
kingofbitcoin (OP)
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Good bye Blockchain , you were hacked


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August 20, 2015, 07:22:46 PM
Last edit: August 24, 2015, 07:35:07 AM by kingofbitcoin
 #1

I have asked withdrawal 1 day and almost 13 hours ago still nothing, I suspect this website is scam or they got bored by my 11 in a row winning streak. So I have one withdrawal of 0.057 BTC pending since then and I just request another of 0.1518 BTC now.

Proof is here, don't trust those guys anymore. Asked support since 17 August for a match X2 double chance won Iasi vs Dinamo Bucuresti and they haven't credited that to me, so their support suck big time.

Proof in the photo of withdraw. If you want I can make a foto of the transaction for the match they have not credited my account which was 0.028BTC

http://postimg.org/image/6gsvtmlej/

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fox19891989
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August 20, 2015, 07:26:54 PM
 #2

be patient dude, I can see you are very nervous now. Once I withdrew 8.3 btc from there, and it processed within 8 hours, i don't think they won't pay you cause you only withdraw 0.XX btc, not 500 btc or 5000 btc, just be easy, man.
katerniko1
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August 20, 2015, 07:30:52 PM
 #3

well this is nothing new their withdrawals are slow as fuck and that is the reason i won't play there poker or sports. Smiley
just wait couple more days Cheesy
regards.
-Katerniko1
kingofbitcoin (OP)
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August 20, 2015, 07:33:05 PM
 #4

Just processed first payout of 0.057 BTC

Of course I will wait for the other one as I just asked it before 0.1518 BTC.

THings starting to change and chat officer being nice now.

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katerniko1
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August 20, 2015, 07:35:49 PM
 #5

Just processed first payout of 0.057 BTC

Of course I will wait for the other one as I just asked it before 0.1518 BTC.

THings starting to change and chat officer being nice now.
well im glad Smiley but still if you like to get your money in 5-10min dont play there.. there are alot of other sites that will cashout you almost instant.
i personaly hate to wait my money for 24-48 hours..
regards.
-Katerniko1
fox19891989
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August 20, 2015, 07:37:29 PM
 #6

Just processed first payout of 0.057 BTC

Of course I will wait for the other one as I just asked it before 0.1518 BTC.

THings starting to change and chat officer being nice now.

Is 0.057btc your first withdrawal there?

I remember the terms say that the first withdrawal takes longer time than usual, after they processed once, their payments will be much faster, so be easy, you will get your second withdrawal very soon, good lucky dude.
kingofbitcoin (OP)
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August 20, 2015, 07:40:14 PM
 #7

I know first withdrawal takes longer, this is my 6 or 7 meanwhile waiting for 8th withdrawal, i beat their ass big time this week.
11 winning tickets in a row is sure something. Anyway I quit, i got the BTC needed to buy a lot of shares at my favorite website.

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kingofbitcoin (OP)
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Good bye Blockchain , you were hacked


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August 20, 2015, 07:49:08 PM
 #8

And after talking with support got the 0.15188 BTC real soon right now after only a few minutes, now adding my missing balance of a win match ,that closes it , i received what I wanted.

Balance added and
Asked for the last payout of 0.048 BTC and I have closed with gambling by making 11 victories in a row. Now time to buy shares and move to better business.

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marioantonini
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August 20, 2015, 09:19:15 PM
 #9

I don't like site with manual payment. Why wheni deposit and lose, my deposit is immediatly and site receive fast, but when i win i wait for withdraw my money?
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August 20, 2015, 09:27:06 PM
 #10

I don't like site with manual payment. Why wheni deposit and lose, my deposit is immediatly and site receive fast, but when i win i wait for withdraw my money?

It is common for bitcoin sites to move to manual withdrawal in cases where there are some security reasons to check for withdrawal requests manually one by one.
However, keeping it manual is not a good sign, since it prolongs the trust users needs to give to them, which is by no measure fair.
I would never deal with a betting site while my withdrawals are questioned or prolonged w/o a good reason..


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bitbaby
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August 21, 2015, 04:31:31 AM
 #11

I don't like site with manual payment. Why wheni deposit and lose, my deposit is immediatly and site receive fast, but when i win i wait for withdraw my money?

It is common for bitcoin sites to move to manual withdrawal in cases where there are some security reasons to check for withdrawal requests manually one by one.
However, keeping it manual is not a good sign, since it prolongs the trust users needs to give to them, which is by no measure fair.
I would never deal with a betting site while my withdrawals are questioned or prolonged w/o a good reason..

Can you tell me what are the security checks which a site does before allowing withdrawals? A person deposits, bets on a sporting event, wins the bet if he's lucky and then he has to wait for hours to receive his withdrawal? I don't like this one bit, especially when we're talking about bitcoins, the withdrawals should be instant, if they're manual then the site should ensure to finish the pending withdrawals every 2 hours.

But I suppose this must be mentioned in their terms, that they do manual withdrawals which may take this much time. Read the terms next time OP and/or choose the sites which offer instant withdrawals.

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August 21, 2015, 05:43:08 AM
 #12

Not trying to be rude, but they honestly are not going to scam you for that "small" amount of Bitcoin you withdrew. When I say small, I am saying that in regards to what they can afford. These guys process 10-50 BTC withdrawals per day just from single users. Those large withdrawals are what actually takes up most of the review from the staff. The reason yours takes awhile for approval is one of two things. First, they just updated the website and getting use to the new system takes a few extra hours for processing. Secondly, the time they spend reviewing large withdrawals also holds up small withdrawals like yours. They are not "losing" money, and they can certainly afford to pay you your bitcoin. My point of this is to let you know that you are 100% safe playing on Betcoin, however you will have to wait a little bit longer for confirmation.
kingofbitcoin (OP)
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August 21, 2015, 06:29:01 AM
 #13

Good to know, but I closed with sports and betting, as I already said moving to something better.

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August 21, 2015, 07:31:14 AM
 #14

Good to know, but I closed with sports and betting, as I already said moving to something better.

I guess that Betcoin.ag is Following Manual withdraws , which is quite shady. IMHO if you are Dealing or betting with BTC all the Transactions should be automatic and Instant.
I suggest you to be very alert while betting with High amount of BTC.
In terms of Instant Features i Like Cloudbet. 

marioantonini
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August 21, 2015, 09:34:42 AM
 #15

Good to know, but I closed with sports and betting, as I already said moving to something better.

Don't stop betting only because one site don't have pay, simply change betting site. Use directbet, no signup and pay when the game finish (in automatic)
Yoga4
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August 21, 2015, 10:30:30 AM
 #16

If you are basing your experience solely on withdrawal speed then Betcoin is surely not for you. However if you go to ANY major sports book site thats 100% legitimized you are going to go through the same thing. Betcoin isn't holding money on purpose, they do this so the site doesn't get screwed out of money. For example, there was a DICE script flaw once, and it wasn't charging people for losses. Another example was a WPN glitch. By doing manual review this prevents players from earning funds when they are not entitled to it. It saves the site money, and it saves the other players money because without catching these issues, the site cannot afford to maintain and update the site as much. The VIP program would also get eliminated. For me personally, I can wait an extra day because have a high VIP status actually gives the player an advantage over the house edge in blackjack. No other site has a program which allows me to have those odds so I feel for what I do that its necessary.
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August 21, 2015, 10:44:58 AM
 #17

You're talking about less than $100 of BTC.  They are just real busy since the system update and things are a bit backed up so withdrawals might take 6 - 12 hours longer.  They are working hard to improve the platform.
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August 21, 2015, 02:41:05 PM
 #18

As other websites have added instance cashout system, maybe its time that Betcoin improves their withdrawal system.

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August 21, 2015, 03:17:54 PM
 #19

As other websites have added instance cashout system, maybe its time that Betcoin improves their withdrawal system.

It's good there is a manual review of all cashouts to ensure player safety (ie account was not hacked), cheating in poker (collusion), or software errors.
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August 21, 2015, 03:35:04 PM
 #20

Besides the mentioned verification's a casino/sportsbook operator does on cash outs, there is also a risk operating on a hotwallet in order to be able to offer instant cashouts. And yes, sometimes these hotwallets got hacked, causing rather impressive losses to the operators and/or customers.

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