I've been in contact with live chat and they tell me its an issue with the processor and they will email me about the resolution, but i still have not received any emails from support.

I also emailed support numerous times with no responses. I have gmail as my email service and I seen a thread where people with gmail are not receiving emails

I was too lazy to read up enough to post details. I'll try to get to it....

I think I was mostly remembering kahntrutahn's recommendations not to play there.

It looks to me like Betcoin is likely not very experienced, especially regarding poker. Possibly not a big deal.

---

Previously not SSL encrypted and didn't handle the revelation well:

http://forumserver.twoplustwo.com/28...-they-1463101/

High rake and they didn't care (think this was fixed eventually):

http://forumserver.twoplustwo.com/sh...&postcount=155

Not refunding for cancelled tournaments and not taking proper responsibility:

https://www.betcoin.ag/update-player...hared-tourneys

kahntrutahn does not recommend playing there:

http://forumserver.twoplustwo.com/sh...&postcount=208
http://forumserver.twoplustwo.com/sh...&postcount=280

Counterpoint from chazley

http://forumserver.twoplustwo.com/sh...&postcount=280

Thanks for these infos. Your last link is not the right one though.

It would be great if someone could confirm that these issues have been fixed.

The rake issue has been fixed and is now one of the most competitive:
http://gamblingwithbitcoins.com/wpn-...betcoin-poker/
http://pokerfuse.com/news/industry/2...pay-less-rake/

I'm not sure about the other issues but they obviously don't look very professional/experienced.

About Betcoin.

Previously not SSL encrypted has been fixed by betcoin, also they do refund, if there is a problem support has always refunded me quickly once a ticket is in with no problems. Rake and vip system is fixed and great as mentioned above. Also cashouts are the best.

requested: 3/30 @22:45
received: 3/31 @15:00

Bitcoin finally arrived 4/1

Bring back Bitcoin for deposit! Customer service very unhelpful

I am lost on how to deposit. I opened a blockchain account, read the FAQs and how it said to click my country's flag. OK, cool...now what? I clicked on Exmo, made an account...now what? Read the faqs, can't figure out how to load USD on there. Now i'm expected to make ANOTHER account using one of the processors listed there? This has to be the dumbest processes in all of history. How would any fish take the time to make a Processor account to load USD---->to transfer to an exchange, to then buy bitcoin---->to then transfer to a wallet like blockchain--->to THEN finally get to deposit on the poker site? If there's an easier way, or if someone would like to skype, it'd be appreciated!

Req: 4/10 9:00 a.m.
Rec: 4/10 4:00 pm

Can't complain

Hey guys quick question about coin base. I have used coin base for cash outs from SWC successfully for the last year. Toward the end, in the last few months, people reported CB not wanting to be used with gambling sites. While every cash out has worked up until this, Is this still the case? Has anyone withdrew $$ from ACR to coin base recently?

That is correct Coinbase don't want to deal with online gambling transactions so why even take the chance?

Just signup for Blockchain if you haven't done so already then have your money sent there first then you can move to to Coinbase afterwards.

It's one extra step I understand but once you have the money in Blockchain it will get to your Coinbase quickly after that and you won't have to worry about them banning you from Coinbase.

Ok cool, thank you I will do that. Kinda silly you can only withdrawl BTC from 7am-11pm EST only.

The thing is that Coinbase first has to know that the address you're transacting with belongs to a poker site.

If the poker site is doing things correctly it's actually not that easy for Coinbase to know that. That's why it has worked for you so far in the past.

BUT, there isn't a reason to take that extra gamble. Especially if you don't know whether the poker site is doing everything correctly. It's not worth the risk and the solution is pretty simple.

Like BeerBottlez said... just use a Blockchain wallet as the middle step. It's easy, doesn't add much time, and you'll be better protected.

I recently removed a decent amount of money from ACR and used this exact method of acr--blockchain---coinbase. I recently revived a email from coinbase asking what the bitcoins I have cashed out were revived for. What should my answer to this be?

Still kinda new to bitcoin. I have a confirmed coinbase account and just signed up for blockchain. So just go from coinbase -> send to blockchain address -> send to ACR and reverse for withdrawal? What about the miner fees in each step? That's still a bit confusing to me. Is it taken out of the transaction or are you to tack it on?

ACR says send "1 btc" do you send send 1.000 btc or 1.0000 + x?

Thanks in advance.

When you send from an online wallet like Coinbase the mining fee will be added automatically and will not be deducted from the amount you send. (i.e. you go to send 1btc, it will deduct 1btc + the mining fee from your balance). WPN does NOT include the mining fee when you withdraw thus you have to wait till someone takes pity on your transfer. When depositing you must send the EXACT amount and it needs to come from 1 address (not sure if they have worked on accepting single deposits from multiple addresses as most online wallets will send from multiple addresses). It's a work in progress and a bit confusing, but hopefully there will be more user friendly ways to use bitcoin in the future.

Also, use Circle over Coinbase for withdrawing. Circle consistently values bitcoin higher than coinbase and they send ACH transfer to your bank for free, Coinbase charges 1%. Coinbase allows you to buy more coins instantly than Circle, however.

Thanks for the quick reply!

Just for withdrawing? Seems like it'd be better to use Circle over coinbase all the time then, no?

The reason I say that is because Coinbase has more lax restrictions on purchasing coins via bank draft and having them instantly available. After having your Coinbase account open and verified/attached to bank account for 30 days you can buy up to 1k bitcoins via an ACH draft from your bank account and have access to the coins instantly. Currently I can only get $100 of bitcoins instantly from Circle (Coinbase only allows you $100 instantly for your first 30 days). I know most people don't plan their deposits 3-4 days ahead and you'd be left trying to buy coins elsewhere and paying a premium on them as well.

I've heard of them doing this to other people so I think it has more to do with KYC/AML checks than anything gambling specific.

I think they're just required to ask where the bitcoin came from when it is a larger amount of money. I obviously don't like it, but they don't want to end up in prison so it's understandable why they do it.

Just wanted to +1 and agree with all of this. Good advice.

I haven't tested a withdrawal yet but WPN really doesn't pay the mining fee when they send? It's at most a couple cents.

Also not sure why they still have the one address requirement when you deposit.

Like Dr0n3 said, it's standard for a wallet like Blockchain to automatically pull amounts from multiple addresses when you send. You can use the "advanced send" to manually select the address to pull from... but you shouldn't have to.

Just made a withdraw and I forgot they don't do this around the clock. I should have just waited for tomorrow to avoid exposure time. Guessing I'll get it sometime in the afternoon tomorrow?

Requested BTC withdrawal 06/06 07:00 AM. Let's see how long it takes.

If you deposit $USD can you withdraw it as Bitcoin?

Yes.

Can someone here confirm if wagering in the sportsbook count toward rollover deposit in BCP? Many times a while back i would deposit funds into BCP and transfer it to sportsbook. Then i would make a few wagers. After a while i would then withdraw the funds back to my skrill account. Never had an issue.


Recently i was told you have to pay 10 percent rake of the deposit in the pokeroom before you can withdraw. Is this new policy? So if someone wants to just bet sports in their sportsbook, then they cannot deposit funds into bcp, transfer to sportsbook make wagers, then transfer back to poker funds then withdraw? You are basically paying rake /juice and a lot more in the sportsbook doing so. Did their policy change? A while back ago they told me no issue at all.