I never deposited and when I did my first cashout request I was informed that I would have to make a $50 deposit and bet $50 in sports. Apparently I was given a "freeplay" (whatever that is) and those were the terms. It was no big deal and only cost me a couple bucks in vig (bet $25 each on both sides of a game). After that and sending in verification documents, I was able to withdraw.

lol at having to make a sports bet and even a deposit for that matter

think i received 3 withdrawals from BoL late 2014, all went quite smoothly. think i only made one deposit with a credit card. im pretty sure i mentioned it in this thread but my CC was actually charged for more than i deposited LOL, ****ing thieves. it wasn't the deposit fee either, they str8 tried to yank me for like $15 extra, i emailed them telling them this and they refunded the $15 but i still cant help but shake my head looking back at it. then with bovada had a few unauthorized transactions, happened at least twice and want to say it was like 4 transactions combined, US and A pokers 2015, its a neat thing

This is why the P2P transfers on WPN are such a beautiful thing. You can have cash in hand in twenty minutes tops. Let's see what kind of hurdles I encounter when I decide to withdraw from BO.

No, I'm not underage. I just don't have a credit card.

Here's the email I got back from them:

Subject: Cashout Requirements

Hello Mr. [my name],

This is Sam and I hope this email

In order to request a payout you have to make sure that if you have accepted bonus that you have met all rollover requirements and if you have deposited with a credit card in the last 7 days you have wait until the 7 days go buy. Please make sure you have no bonus or freeplay available on the account.

Once you have met those requirements then you can go to the account login and click on cashier and select payouts + request new payout and the fill out the information and choose the method you might want to use and put the amount you want to request keep in min that you have to have enough o the account to cover your fees. if you want the $50 dicount for the fee you have to request it on a friday when you make the payout request and make sure you put in comments I want payout for this amount and please cover $50 discount for fees.

If you have any other questions or require further assistance, please do not hesitate to contact us.

Best Regards,


Sam
Player Services Department

BetOnline,




There was nothing in that email about requiring a deposit, so since today is Friday, I followed Sam's cashout instructions to the letter. I then sent this email to him:

Sam,

Thanks for your response.

I followed your instructions exactly. I transferred $525 from Poker to Sports, requested a payout for $500 by check, and since today is Friday, I put the following in the comments section: "I want a payout for $500 and please cover $50 discount for fees. Sam from BetOnline Account Management told me to include that line in the comments to get the fees waived."

[my name]
[my account number]

Really, really getting sick of seeing 15 2nl tables running and then nothing at 4nl and 6nl. Can we just remove 2nl at this point and force these fish to put a few dollars on the table? I'm close to moving up to 10nl anyway but others are going to encounter the same problem. All the micros fish just pack the 2nl tables and try to cut their losses. It's pathetic. I have to start 4nl and 6nl tables and spend three hours getting them to fill up to multitable some afternoons.

I'm really not in the mood to six table 2nl just to grind my bonus today.

he probably just assumed you had already deposited since you didn't say otherwise in your email. if you built a roll from a freeroll, you have to deposit $50 and bet it on sports (poker might work too but idk) before you can cash out.

Regarding poker for clearing the $50 rollover, in my case I specifically asked and was told sports only.


bitcoin cashout
REQUESTED: April 2 (~4pm)
RECEIVED: April 3 (~4pm)

Got one too almost same time ~23 hours, no fee, in fact got an extra ~2.6% due to price fluxuations, that is a welcome change. Deposited while it was still in beta, I think it took a little longer than it was supposed to but still in account within 15 minutes or so. BTC>regulation

I was thinking of making my first deposit on Betonline with bitcoin tonight but noticed that thier BTC value was 241 while all the markets i was looking at were between 250-253. Im new to bitcoin and was attracted to it partially for the low fees which this kind of takes away from

Im fine if thats thier standard price on BTC but im guessing thats thier deposit evaluation and they have a higher value of around 255 for cashouts. Anyone have experience going both ways?

It's the same price both ways which is lower than US exchanges, that's why I lost $12 on the deposit and made $30+ on the withdrawal. Should be a net benefit for US based winning players.

*as far as I know, based on sample size of 1

Similar experience, although I did not record the exact numbers.

You guys were right about the deposit requirement:

Good afternoon [my name],

This is Lester with Player Services.

Congratulations on your winnings!

The mail check of $500 has been cancelled due to poker requirements. Prior cashing out you must make a $50 deposit and play/use the amount prior cashing out. Keep in mind that by funding the account via credit card, you will be subject to provide documents (ID, Cc back and front copies and utility bill), besides, you are subject to allow seven business day before submitting the payout request. In order to avoid these document and the seven business days credit card deposit hold on payouts, the best option to fund the account would be western union or money gram.

Should you require further assistance or information, please contact us by replying to this email or initiating a Live Chat.

Sincerely,

Lester Price
Player Services Department


Betonline



My response:

Lester,

Ok, I guess I'll deposit $50 via Western Union or Money Gram, but I have no idea how to go about doing that. Do I go to a Western Union location near where I live? And how do I direct it to you?

Thanks.
[my name]
[my account number]



Their response:

Hello Mr.

This is Aaron from Player Services, I hope this email finds you well

The reason for this email is to inform you that you can go to our cashier online and click on step 1 - please fill out the dollar amount - sender's information and click next to generate a name and location. Then please go to a Western Union or MoneyGram store nearby to send the money. After that, please go back to our cashier online and complete step 2 - confirm information - enter MTCN and click on next to deposit.

Please keep in mind that we look forward to serving you and entertaining you for many seasons to come. Don't forget to try our Live Betting platform, it allows you to place bets while the game is taking place, until the final scores are posted.

Should you require further assistance or information, please contact us by replying to this email or initiating a Live Chat.

Thank you for choosing us.

Sincerely,


Aaron
Player Services Department

BetOnline,



I did as Aaron instructed, and was prompted to wire $50 in cash within 48 hours.

That seems really shady, so I'm tempted to stop the process at this point, but I could really use the money I've earned over the past couple months. So, in a couple hours, I'll be heading down to the Western Union location at my local grocery store and wiring money some guy.

That's the way Western Union goes, if that's the real name I suggest you delete/edit it.

Why delete it?

Because he might not want his name posted in the forums.

Yeah, as shady as it sounds, that's been standard procedure on a lot of sites for a couple years now.

FWIW, there is a learning curve for using bitcoin but well worth the effort in my opinion.

There doesn't seem to be an edit button on that post (maybe because my account is new?), but if it's a big deal maybe a moderator can redact the name.


Thanks for the heads-up about bitcoin. Do you know of a good place to start learning about that stuff?

Most of what I know I picked up from various 2+2 threads, so I am far from expert on the subject.

The absolute basics are that you want two wallets (where bitcoin can be stored and transferred to other wallets).

One wallet should be on an exchange (for example Circle or Coinbase, where bitcoin can be exchanged for dollars and transferred to/from your bank, which can be linked the same as linking your bank to other $ wallets like payPal/Skrill/etc). The other should not be on an exchange (Electrum or blockchain, for example).

Use the exchange wallet to transfer to and from you bank and the other wallet to transfer to and from the site (apparently the exchanges sometimes take issue with transfers directly to gambling sites). Transfer between the two wallets as an intermediate step.

If you wish to take the bank out of the equation, there are some bitcoin ATMs or localbitcoins.com as alternatives.



https://bitcoin.org/

Interesting. I'll definitely try to learn more about it in the coming days.

Thanks for the info.

transferring to a rando name in the philippines is standard for wu. ya, it feels REALLY fishy at first, but you get used to it lol. if youre a usa player, youre going to have to get used to all this stuff. the alternate is to just not play, which is fine as well.

id encourage you to get a visa card, or a prepaid visa better yet (so long as its one that sites accept). i have no experience w prepaids personally.

anyway, you have a great opportunity for fun sports betting tonight! final four! take duke to cover; they have covered every game in the tourney so far. dont blame me when they lose.

I sent the $50 via Western Union, went through the rest of the steps listed in Aaron's email, and got a deposit confirmation email about two hours later. The $50 is now in my account.

The next step is to roll it over, so I bet $50 that the Red Sox would win today. (I wish I had seen MAHP's post before making the bet. Oh well!)

I guess my plan is to try to get a confirmation after the game that I'm all set to cash out, then wait until next Friday to do it to avoid fees.

yes, youre doing everything right, imo. fridays are the ONLY day to cashout!

im gonna sweat you on the sox; i hope you win! watch: i bet duke will choke lol.

Thanks, yeah, I hope I win too. I don't want to think about how many 55 cent 6max hyper turbos it'll take to recover the $50 at a 2% ROI. Lol.

well, what you COULD have done was bet half on each side ($25 on the sox, and $25 on their opponent), however then you are guaranteed to lose the juice.

Be sure to ask about verification if you haven't already. It was completed within one day in my case. If you're shooting for a specific date and want to be on the safe side, then it's probably a good idea to see if it can be done ahead of time.