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[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) [Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names)

07-25-2016 , 12:51 PM
I see most people here use blockchain then circle? I used blockchain then coinbase for my 1st bitcoin withdrawal! Is there some reason you all use circle instead of coinbase? I was told to use coinbase! I also wanted to know if at the end of the year coinbase or circle or whatever sends u tax forms in the mail for all ur transactions for the year
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-25-2016 , 02:03 PM
Quote:
Originally Posted by mikey4141
I see most people here use blockchain then circle? I used blockchain then coinbase for my 1st bitcoin withdrawal! Is there some reason you all use circle instead of coinbase? I was told to use coinbase! I also wanted to know if at the end of the year coinbase or circle or whatever sends u tax forms in the mail for all ur transactions for the year
circle is free, coinbase charges 1%. they don't send you tax forms in the mail but that doesn't absolve you from any tax liability.
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-25-2016 , 02:45 PM
Just FYI many businesses do accept bitcoin and the number grows every day. So one good route to avoid dealing with cashout issues at Coinbase / Circle is to simply spend your bitcoin directly. You can buy almost anything at sites like Overstock and Rakuten. Additionally Steam and many other online vendors also accept bitcoin. Also I convinced my landlord to accept bitcoin as well, so you would be surprised how easy it to spend. Really helps to avoid the headache of explaining to Coinbase / Circle. Plus no fees!

Also I don’t think I can post URLs, but there are many websites that will also list physical locations where you can spend bitcoins. Quick google search and they will pop right up.
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-25-2016 , 04:16 PM
Quote:
Originally Posted by T.o.R.
Wow, this seems to have gotten a little complicated in the few months I have been gone. I have read up a lil, can someone tell me if I have the general jist of the withdraw procedure nowdays?

1] VFF has been discontinued due to delays

2] The debit card option doesnt seen to be working

3] BTC is the way to go by using Bovada->Blockchain->Circle->Bank

A few questions regarding BTC as it wasnt available here the last I checked.
1) How long has the entire withdrawal process [Bovada->Blockchain->Circle->Bank] been taking on average?

2) If I understand correctly, there is an option to get a "Bitpay" card ($10) from what I see that can be used to access BTC directly. How long did it take to receive the card and what verficiation items are they requesting for this card?

If I am missing something or you can add, please do!
A----o debit card has been working for me, taking about 6 days total after bovada processing.

Bovada takes 1-6 days to send your btc after request. Lately it has been very fast, even under 24 hours. After that, it takes an hour or less to send to circle, then about 1.5 days to hit your bank acc. Or if you have the bitpay card, u can access the funds without waiting that 1.5 days.

for bitpay it took maybe 10-12 days to receive the card. i don't remember having to verify anything. the card works well.

*u cannot run the bitpay card as credit at Target and one other supermarket chain, have to run as debit with pin #.


Quote:
Originally Posted by HellaPotential
I'm trying to make bitcoin my next method also, still pretty confused even after reading everything and watching clips.. i want to deposit $400 into bitcoin then bovada.. neteller was much easier.. someone wanna explain it to me like I'm a 5th grader? wat i do first? create a wallet or something? i have a debit card/checking acc ive always deposited on bovada, would like to have fast cashouts and possibly that bitpay atm withdraws at atms if price is right.
did u watch these videos?
https://www.youtube.com/channel/UC55...1E6q4WHFicVVqw
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-25-2016 , 04:51 PM
Thanks. That's what I needed to know.
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-25-2016 , 04:53 PM
I was still super confused after just watching those videos.. but after reading for the past 2+ hours the last bunch of pages, I think I got it down now.. gonna try it out soon...
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-25-2016 , 06:37 PM
I gave Bovada a pretty hard time for screwing up my first Bitcoin withdrawal back in late May, so I feel obligated to chime in here and say that they seem to have really tightened up the ship. My last three or four withdrawals have been 24 hours or less, no problems at all. Well played Bovada.
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-25-2016 , 08:12 PM
Quote:
Originally Posted by EndTheFed
Click the "Add+" button to create a new section in your wallet.



Name it something like "July 23rd WD" or whatever. In that new section when you click "Recieve" you will get a new address.

I like creating new sections for each withdrawal anyways, just to keep everything separate and make for easier record keeping.
Thanks!
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-25-2016 , 09:03 PM
So I have btc withdrawal option already. Am I still required to make a deposit using btc before I can withdraw that way?
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-25-2016 , 09:07 PM
I just made my first btc withdrawal. how come they don't deduct it right away from my balance?
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-25-2016 , 10:22 PM
Quote:
Originally Posted by nickatnite
I just made my first btc withdrawal. how come they don't deduct it right away from my balance?
They never take anything out till after ur withdrawal is processed
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-25-2016 , 10:39 PM
Did anyone else just freeze? I was in the middle of playing cash and the client froze and now I can't get back on.
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-25-2016 , 10:40 PM
Quote:
Originally Posted by trixter23
Did anyone else just freeze? I was in the middle of playing cash and the client froze and now I can't get back on.
Yup. I'm in some MTT's too...
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-25-2016 , 10:40 PM
10:40 EST. Did their system just crash?
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-25-2016 , 10:41 PM
same
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-25-2016 , 10:43 PM
website is down too, maybe the IT guys cut some corners to get done early...
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-25-2016 , 11:00 PM
Quote:
Originally Posted by trixter23
Did anyone else just freeze? I was in the middle of playing cash and the client froze and now I can't get back on.
Yea just got froze out a sng. Seems like a lot of people are having issues this evening.
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-26-2016 , 01:14 AM
$500 btc payout requested 7/25 9:30 PM pacific time
have only ever used bitcoin as a deposit option.

should receive 7/26 evening I'm guessing.

will update
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-26-2016 , 02:50 AM
Let's say I need $9600 in my account to play the stakes I play. Is there any reason why I shouldn't deposit 8k BTC to get $1600 bonus? In other words...I know you can't withdraw the Deposit+bonus until the bonus clears. But if I want to have at least that amount in my account anyway, I should be fine right?
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-26-2016 , 03:39 AM
Quote:
Originally Posted by Frankie Fuzz
Let's say I need $9600 in my account to play the stakes I play. Is there any reason why I shouldn't deposit 8k BTC to get $1600 bonus? In other words...I know you can't withdraw the Deposit+bonus until the bonus clears. But if I want to have at least that amount in my account anyway, I should be fine right?


As long as your account is empty I don't see any problems with that. Now if you have say 10k in your account and deposit 8k to get the bonus initiated and then immediately withdraw 10k or whatever I think that can be seen as bonus abuse. They are not real fond of players clearly abusing bonuses that are mainly for rec players. I'd be careful. Slippery slope imo.
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-26-2016 , 06:31 AM
are they really down AGAIN?
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-26-2016 , 08:56 AM
I ended up cancelling my Bitcoin withdrawal on 7/11 and have been trying to do another one but I get this message from the Bovada client, "The wallet address provided has been previously used. Please generate a new address from your wallet and try again."

Tried to contact customer support about this and they told me to restart the computer-they are also updating their systems. Anyone experience this before?
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-26-2016 , 10:18 AM
Quote:
Originally Posted by SFDetroitMan
I ended up cancelling my Bitcoin withdrawal on 7/11 and have been trying to do another one but I get this message from the Bovada client, "The wallet address provided has been previously used. Please generate a new address from your wallet and try again."

Tried to contact customer support about this and they told me to restart the computer-they are also updating their systems. Anyone experience this before?
Yes, just have the wallet you are withdrawing to generate a new address. Any wallet can do this in a matter of seconds.
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-26-2016 , 01:39 PM
Quote:
Originally Posted by Pots-For-Sale
As long as your account is empty I don't see any problems with that. Now if you have say 10k in your account and deposit 8k to get the bonus initiated and then immediately withdraw 10k or whatever I think that can be seen as bonus abuse. They are not real fond of players clearly abusing bonuses that are mainly for rec players. I'd be careful. Slippery slope imo.
Thanks. Is it correct that we have only 6 months to release the Bonus?
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-26-2016 , 02:52 PM
update:

I canceled $500 payout in bitcoin

I have requested $1260 payout in bitcoin at 7/26 11:45 AM pacific time

will update.
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote

      
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