Bookmaker in financial trouble? Potential theft in progress
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#246Comment -
#247
They also told me they'd send me the btc as soon as a filled out the KYC form
They also told me they'd send it as soon as I did a video callComment -
#248No need to wonder, I already explained why. Bank accounts shut people down who had btc transactions back in the day. They didn't want to be associated with btc. Now with regulated exchanges its differentComment -
#249Did you try opening an account at another bank? There isn't a Blackbook for BTC users that banks share. It should be trivial to open a savings account at a local credit union and take that wire.Comment -
#250good point vampire. could even open an online savings/checking account with ally bank easily.Comment -
#251Do not associate any bank with bitcoin
Think outside the box for gawdsakesComment -
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#254
Aha--
Maybe the best thing that you can do is send them a photo of your.
Post same photo of yourin this thread for verification.
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#255i do not like this website, they forced me to deposit more of what i can payout, the lines are pretty bad and if you regret and want to cancel a wager. they do not give you that option eitherComment -
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#257Are women of color minorities? There's over a billion people in Africa, over a billion in China alone, more than a billion in India, healthy population of hispanics. Are the majority of the women in the world actually caucasion? I would question that.Cause Sleep is the Cousin of DeathComment -
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#262Mrrrrrrrrrrrrrr bsComment -
#263lol even this got political somehow, I love internetComment -
#264What a toxic response. Gross.
I've been a customer there since pre 2020. As a woman, especially as a woman of color, I find the term "bonus whore" absolutely pathetic. You need to look in the mirror and grow up. I have used bonuses before on some of my deposits. Sometimes when I didnt feel like worrying about tons and tons of rollover, I would deposit without a bonus.
I'll repeat, everything they have asked me for I have given them. Whatever they are looking for, they've had over an entire month, and they haven't found it. (There's nothing for them to find)
I genuinely think there's a good chance they're stalling so that more deposits come in, so that they can decipher if they can avoid going bust if they begin paying people.Comment -
#265How is Bookmaker now, reliable? I read a lot of issues on 2022-2023 on withdraws, maybe issues with bitcoin, FTX collapse even?
Anyway it sounds a lot of people are using bookmaker.eu and it is a reliable high roller site in 2024?Comment -
#266Solid- put them in your stableComment -
#267
I doubt you'll find a better off shore book anywhere. Bitcoin payouts are really fast. My last 2 payouts were less than a half an hour each time.
You should definitely open an account there IMO. I have been betting with them since 2009. Never had a problem.Comment -
#268Thanks guys, looks solid, though Bookmaker only allows me to deposit in Bitcoin/crypto, no card/fiat deposits allowed.
While I think transacting in Bitcoin might be less cost for everyone, I really dislike the fact that one needs to deposit in Bitcoin but the balance is not Bitcoin, has to be USD. Giving a huge crypto freeroll for Bookmaker.
For me it looks, one deposits in Bitcoin, Bookmaker holds all this Bitcoin and keeps the equivalent amount in my balance in USD, ok cool. Bookmaker does not convert the Bitcoins one deposits to Fiat, they just hold the Crypto of course.
Now if Bitcoin price doubles, my balance is still the same but Bookmaker has gotten twice as rich by holding that Bitcoin I deposited. I would prefer that my balance is in Bitcoin so I can enjoy this upside as well.
If Bitcoin price goes to 30% of what it is now or even lower.... Is Bookmaker able to pay me anymore? Maybe? Maybe not, it sounds all their transactions are now in Bitcoin...
For me Bookmaker has a huge freeroll here, Bitcoin/crypto/stockmarket/economy keeps booming, they make nice money on all customer deposits. If market/crypto goes bust, uups, we can not pay you. Good luck getting the money from Curacao or where they are located...
If I have to deal with crypto, I rather have my balance as crypto and enjoy the ride, both ups and downs, rather than just giving the freeroll for the bookie. But having crypto as the balance currency is not possible in Bookmaker.Comment -
#269Thanks guys, looks solid, though Bookmaker only allows me to deposit in Bitcoin/crypto, no card/fiat deposits allowed.
While I think transacting in Bitcoin might be less cost for everyone, I really dislike the fact that one needs to deposit in Bitcoin but the balance is not Bitcoin, has to be USD. Giving a huge crypto freeroll for Bookmaker.
For me it looks, one deposits in Bitcoin, Bookmaker holds all this Bitcoin and keeps the equivalent amount in my balance in USD, ok cool. Bookmaker does not convert the Bitcoins one deposits to Fiat, they just hold the Crypto of course.
Now if Bitcoin price doubles, my balance is still the same but Bookmaker has gotten twice as rich by holding that Bitcoin I deposited. I would prefer that my balance is in Bitcoin so I can enjoy this upside as well.
If Bitcoin price goes to 30% of what it is now or even lower.... Is Bookmaker able to pay me anymore? Maybe? Maybe not, it sounds all their transactions are now in Bitcoin...
For me Bookmaker has a huge freeroll here, Bitcoin/crypto/stockmarket/economy keeps booming, they make nice money on all customer deposits. If market/crypto goes bust, uups, we can not pay you. Good luck getting the money from Curacao or where they are located...
If I have to deal with crypto, I rather have my balance as crypto and enjoy the ride, both ups and downs, rather than just giving the freeroll for the bookie. But having crypto as the balance currency is not possible in Bookmaker.Comment -
#270LOL you would know about all these methods right Mike? How many doors have you shut down with those methods? For services you needed... LOL what a jokeComment -
#271Thanks guys, looks solid, though Bookmaker only allows me to deposit in Bitcoin/crypto, no card/fiat deposits allowed.
While I think transacting in Bitcoin might be less cost for everyone, I really dislike the fact that one needs to deposit in Bitcoin but the balance is not Bitcoin, has to be USD. Giving a huge crypto freeroll for Bookmaker.
For me it looks, one deposits in Bitcoin, Bookmaker holds all this Bitcoin and keeps the equivalent amount in my balance in USD, ok cool. Bookmaker does not convert the Bitcoins one deposits to Fiat, they just hold the Crypto of course.
Now if Bitcoin price doubles, my balance is still the same but Bookmaker has gotten twice as rich by holding that Bitcoin I deposited. I would prefer that my balance is in Bitcoin so I can enjoy this upside as well.
If Bitcoin price goes to 30% of what it is now or even lower.... Is Bookmaker able to pay me anymore? Maybe? Maybe not, it sounds all their transactions are now in Bitcoin...
For me Bookmaker has a huge freeroll here, Bitcoin/crypto/stockmarket/economy keeps booming, they make nice money on all customer deposits. If market/crypto goes bust, uups, we can not pay you. Good luck getting the money from Curacao or where they are located...
If I have to deal with crypto, I rather have my balance as crypto and enjoy the ride, both ups and downs, rather than just giving the freeroll for the bookie. But having crypto as the balance currency is not possible in Bookmaker.
Also, Bitcoin has dropped 30% and more several times in the last few years.
<blockquote class="twitter-tweet" data-media-max-width="560"><p lang="en" dir="ltr">How guns fire underwater, slow motion <a href="https://t.co/95qrRyElal">pic.twitter.com/95qrRyElal</a></p>— Slow Motion Video (@slowmotionvid) <a href="https://twitter.com/slowmotionvid/status/1786344405328429539?ref_src=twsrc%5Etfw" >May 3, 2024</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>Comment -
#272Thanks guys, looks solid, though Bookmaker only allows me to deposit in Bitcoin/crypto, no card/fiat deposits allowed.
While I think transacting in Bitcoin might be less cost for everyone, I really dislike the fact that one needs to deposit in Bitcoin but the balance is not Bitcoin, has to be USD. Giving a huge crypto freeroll for Bookmaker.
For me it looks, one deposits in Bitcoin, Bookmaker holds all this Bitcoin and keeps the equivalent amount in my balance in USD, ok cool. Bookmaker does not convert the Bitcoins one deposits to Fiat, they just hold the Crypto of course.
Now if Bitcoin price doubles, my balance is still the same but Bookmaker has gotten twice as rich by holding that Bitcoin I deposited. I would prefer that my balance is in Bitcoin so I can enjoy this upside as well.
If Bitcoin price goes to 30% of what it is now or even lower.... Is Bookmaker able to pay me anymore? Maybe? Maybe not, it sounds all their transactions are now in Bitcoin...
For me Bookmaker has a huge freeroll here, Bitcoin/crypto/stockmarket/economy keeps booming, they make nice money on all customer deposits. If market/crypto goes bust, uups, we can not pay you. Good luck getting the money from Curacao or where they are located...
If I have to deal with crypto, I rather have my balance as crypto and enjoy the ride, both ups and downs, rather than just giving the freeroll for the bookie. But having crypto as the balance currency is not possible in Bookmaker.
They immediately convert the crypto into US dollars through their processors thus the fluctuations in price has no effect on their profits.Last edited by wombat; 05-03-24, 05:11 PM.Comment -
#273Thanks guys, looks solid, though Bookmaker only allows me to deposit in Bitcoin/crypto, no card/fiat deposits allowed.
While I think transacting in Bitcoin might be less cost for everyone, I really dislike the fact that one needs to deposit in Bitcoin but the balance is not Bitcoin, has to be USD. Giving a huge crypto freeroll for Bookmaker.
For me it looks, one deposits in Bitcoin, Bookmaker holds all this Bitcoin and keeps the equivalent amount in my balance in USD, ok cool. Bookmaker does not convert the Bitcoins one deposits to Fiat, they just hold the Crypto of course.
Now if Bitcoin price doubles, my balance is still the same but Bookmaker has gotten twice as rich by holding that Bitcoin I deposited. I would prefer that my balance is in Bitcoin so I can enjoy this upside as well.
If Bitcoin price goes to 30% of what it is now or even lower.... Is Bookmaker able to pay me anymore? Maybe? Maybe not, it sounds all their transactions are now in Bitcoin...
For me Bookmaker has a huge freeroll here, Bitcoin/crypto/stockmarket/economy keeps booming, they make nice money on all customer deposits. If market/crypto goes bust, uups, we can not pay you. Good luck getting the money from Curacao or where they are located...
If I have to deal with crypto, I rather have my balance as crypto and enjoy the ride, both ups and downs, rather than just giving the freeroll for the bookie. But having crypto as the balance currency is not possible in Bookmaker.
A "free roll" means they cannot lose and you cannot win. Sounds like you are forgetting that crypto prices can go down as well as up. Not that bookmakers actually hold onto deposits in crypto anyway. It's just a money transfer mechanism, not a strategy to buy bitcoin. They could use your cash to do that at an exchange if they want to hold crypto..Comment -
#274Processors offer API’s that can automate the conversion of every payment into dollars so it’s not difficult at all to do.Comment -
#275I asked them and they said they hold the Bitcoin that is sent, though that does not really mean they have a lot of Bitcoin. I think none of us can know how their assets are divided unless there is a public document on this? I also thought they would rather just keep the Bitcoin/crypto than convert them to dollars and back, there is always some cost in transferring between currencies. It seems the main reason for going crypto only deposit allowed book is to get rid of the transaction fees that are a big cost for all the bookies.
I would agree that Bookmaker is more likely to be safe and good site than almost any other. Still, that said I don't think there is zero chance something can go wrong with them. Same happened to Full Tilt Poker, they touched the customer funds and went broke as everyone wanted to withdraw when FTP did not have enough assets to pay. The business was a cash cow. Other examples exist as well. If all the clients want to withdraw, they can become insolvent even if they have considerable assets. In case they hold a lot of Bitcoin and Bitcoin goes -95% it does not take a lot to be in trouble.
Just wanted to offer another point of view on this. Most likely there is no issue. Still would prefer to have my balance units as Bitcoin, fluctuating with it.Comment -
#276I asked them and they said they hold the Bitcoin that is sent, though that does not really mean they have a lot of Bitcoin. I think none of us can know how their assets are divided unless there is a public document on this? I also thought they would rather just keep the Bitcoin/crypto than convert them to dollars and back, there is always some cost in transferring between currencies. It seems the main reason for going crypto only deposit allowed book is to get rid of the transaction fees that are a big cost for all the bookies.
I would agree that Bookmaker is more likely to be safe and good site than almost any other. Still, that said I don't think there is zero chance something can go wrong with them. Same happened to Full Tilt Poker, they touched the customer funds and went broke as everyone wanted to withdraw when FTP did not have enough assets to pay. The business was a cash cow. Other examples exist as well. If all the clients want to withdraw, they can become insolvent even if they have considerable assets. In case they hold a lot of Bitcoin and Bitcoin goes -95% it does not take a lot to be in trouble.
Just wanted to offer another point of view on this. Most likely there is no issue. Still would prefer to have my balance units as Bitcoin, fluctuating with it.Comment
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