Stay clear of NetBet when using bitcoin as a deposit method

ipanks

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Quote from: amacar2 on November 19, 2016, 12:34:27 PM

Quote from: calkob on November 19, 2016, 12:06:28 PM

I recently deposited some bitcoin at Netbet and placed a bet which won, but it has been a slog to try and get my money. first of the will accept bitcoin within 10 mins but if you win you can only withdraw via wire transfer which takes 8-10 working days..... what a joke

You should have looked at this (withdrawal options) https://help.netbet.co.uk/en/sport/contact_us#cont1727 before depositing anything there.
They are just accepting bitcoin using third party bitpay https://blog.bitpay.com/netbet-accepts-bitcoin/ and they don't have bitcoin withdrawal option.

I think you can try skrill or neteller if you have account in them which may get processed within few days.

i think the OP is not read all about that site and he make some accident and now he is regret it but its no problem, take this experience for your learning and for your future so you don't have to get this bad experience happen again with you.

SparkedDev

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That still seems pretty long don't you think?

klf

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Quote from: SparkedDev on November 20, 2016, 11:06:19 PM

They really making people wait that long df?

I'm not supporting any site but just I looked at their withdrawal page ( https://help.netbet.co.uk/en/sport/contact_us#cont1727 ) and they clearly mentioned how long they will take for each withdrawal methods ( they got few options to withdraw your money). And they don't have bitcoin withdrawal option. It is our responsibility to check the site details before depositing out money.

SparkedDev

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They really making people wait that long df?

bittraffic

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They could have earn more money if they waited to become a reputable site before doing something fishy. Netbet will never be huge because of the reviews like these. Greedy owners just couldn't wait to earn well.

manbitcoinlover

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So because of your story I will not play there, what is the point of them being licensed if they take 8-10 days for a withdrawal?
So many books in the industry, I think have near instant deposit/withdraw and they are established, I wonder if netbet asks for K.Y.C. Some more hassle not worth going through.

Milkduds

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The sites that offer a ton of deposit methods and maybe 3 withdraw options are in my eyes pulling a fast one. Its just another way to sit the customers money and collect interest on it well they wait. Most non bitcoin pokersites work this angle and it always pissed me off having to run through these hoops. I do know that you can use echeck for most of those sites but a hard lesson about connecting any bank details to gambling was learned over a decade ago. Its not a smart path to take if you ever run into issues with government and taxation.

Lesson learned for you I hope,read the rules and check reviews before dealing with a lot of these sites. Bitcoin is just a after thought and a honeypot for some of these more weaker sites.

amacar2

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Quote from: calkob on November 19, 2016, 12:06:28 PM

I recently deposited some bitcoin at Netbet and placed a bet which won, but it has been a slog to try and get my money. first of the will accept bitcoin within 10 mins but if you win you can only withdraw via wire transfer which takes 8-10 working days..... what a joke

You should have looked at this (withdrawal options) https://help.netbet.co.uk/en/sport/contact_us#cont1727 before depositing anything there.
They are just accepting bitcoin using third party bitpay https://blog.bitpay.com/netbet-accepts-bitcoin/ and they don't have bitcoin withdrawal option.

I think you can try skrill or neteller if you have account in them which may get processed within few days.

calkob

hero member

Activity: 1106

Merit: 521

I recently deposited some bitcoin at Netbet and placed a bet which won, but it has been a slog to try and get my money. first of the will accept bitcoin within 10 mins but if you win you can only withdraw via wire transfer which takes 8-10 working days..... what a joke

Topic: Stay clear of NetBet when using bitcoin as a deposit method (Read 554 times)