Withdrawal method question. Bookmaker direct to Cash app?

[94dc4]

When depositing I've always done cash app to Bookmaker bitcoin deposit no problem. Or coinbase to Bookmaker deposit no problem. Had always been nervous about the withdrawal side and have always done Bookmaker>Blockchain>Coinbase/Cash app/Bitpay.

I accidently just did a withdrawal of Bookmaker to Cash app directly. Anyone suspect there would be an issue?

[Crusherrr]

No, probably not. Just don't do it again.

[94dc4]

Like a genius, I just ntoiced you can cancel a withdrawal. Ha, so canceled and sent to blockchain. Rather not deal with whatever issues it COULD cause.

[DontTailMe]

You shouldn't be doing either direction directly between book and cash/coinbase. Just because you haven't been pinched yet doesn't mean it won't happen. I've seen people whine about it hundreds of times. "BUT I NEVER HAD ANY PROBLEM DOING THIS FOR MONTHS! WHY NOW?"

[mrpapageorgio]

You should be fine if it was a 1 time thing. As long as you don't make a habit of it, you should be good.

As for depositing directly, personally, I just make sure the address is clean before depositing and haven't had a problem. Some people prefer to use the intermediary both ways and I would not argue with them taking the extra precaution. Just understand the risk/reward of your preference. I think one of the factors that gets people in hot water is their Bitcoin buying habits or frequency of withdrawals from Cash App/Coinbase that causes an issue. One big purchase and a withdrawal at the start of NFL season I doubt is an issue. Buying $xxx worth of Bitcoin and withdrawing several times per week/month and starting to cost them money in miner fees and just looking suspicious in of itself like you're structuring payments probably raises red flags.

[themike78]

You should be fine if it was a 1 time thing. As long as you don't make a habit of it, you should be good.

As for depositing directly, personally, I just make sure the address is clean before depositing and haven't had a problem. Some people prefer to use the intermediary both ways and I would not argue with them taking the extra precaution. Just understand the risk/reward of your preference. I think one of the factors that gets people in hot water is their Bitcoin buying habits or frequency of withdrawals from Cash App/Coinbase that causes an issue. One big purchase and a withdrawal at the start of NFL season I doubt is an issue. Buying $xxx worth of Bitcoin and withdrawing several times per week/month and starting to cost them money in miner fees and just looking suspicious in of itself like you're structuring payments probably raises red flags.

You are right on this. Cashapp banned me and I wasn't sending directly to sportsbooks. I think it's because somedays I was doing 7 or 8 transactions. Apparently they don't like that cause it costs them money on sending fees.

[94dc4]

I mix it up pretty good between the common methods. Nothing weekly. But noted with intermediary BOTH ways. I will start doing this with deposits as well. If only the roll wouldn't deplete every once in awhile wouldn't need to sweat the deposit