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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)

07-21-2016 , 02:56 PM
Quote:
Originally Posted by scarletknight19
Check:

req: July 5
app: July 5
rec: July 20

Gonna try bitcoin withdrawal... is there a post that summarizes how-to as I'm unfamiliar with bitcoin in general. thanks.
watch these here videos
https://www.youtube.com/channel/UC55...1E6q4WHFicVVqw

*best to use debit card on circle, it is faster
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-21-2016 , 03:58 PM
Bitcoin is Amazing and solved all my withdrawal issues.
I no longer had visa fast funds available due to delays, and they were no longer allowing me wire transfer because i have a public poker profile... and some banks are not researching incoming transfers, seeing if they can be linked to gaming etc. So bovada recommended I try bitcoin.
Thank you so much for the how to links a few pages back, it showed me how to setup Blockchain and Circle and it couldn't be easier. I've successfully withdrawn 2 5k Bitcoin withdrawals in less than 2 weeks. From the time i request it on Bovada, funds hit my bank on day 5 both times.
Happy grinding!
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-21-2016 , 05:03 PM
thanks tradenine... two more questions:

1) Does the value of bitcoin remain fixed throughout the whole withdrawal and transaction process?

2) Is circle exchange secure? I've heard stories in which owners of such sites shut down and pilfered all the money in people's accounts.
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-21-2016 , 05:07 PM
Check Requested- July 6th

Check Approved- July 8th

Check received and deposited-July 21st

Decided to try Bitcoin withdraw for first time. I had never deposited with it but had the option.

BTC withdraw request-July 20th 8am

BTC approved and in wallet- July 20th 4pm

Money from circle into bank account- July 21st 9am
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-21-2016 , 07:56 PM
Quote:
Originally Posted by Warder
Lol sorry for the confusion, i was just joking with that response. I guess the sarcasm doesn't come through quite as much as i thought it did.
Lol, my bad. I'm used to reading posts from other people using bitcoin that say what you said and mean it.

I actually do agree that we shouldn't have to answer those questions, and hopefully some day soon we won't need to.

But I understand that the exchanges aren't being nosy just for their own sake. They don't want to have to do it either. So for now I'll just play along with the game in order to get what I want.


Quote:
Originally Posted by scarletknight19
thanks tradenine... two more questions:

1) Does the value of bitcoin remain fixed throughout the whole withdrawal and transaction process?

2) Is circle exchange secure? I've heard stories in which owners of such sites shut down and pilfered all the money in people's accounts.
Bovada uses the current exchange rate at the moment they send you bitcoin. From there you are exposed to fluctuations in the exchange rate... but only for the time it takes to get to your wallet and then to your exchange. On average that's only going to take minutes to maybe an hour.

They're as secure as you can get:



Quote:
Circle is backed by $76 million in venture capital investment from Goldman Sachs, IDG Capital Partners, Breyer Capital, Accel Partners, General Catalyst Partners, Oak Investment Partners, Fenway Summer, Digital Currency Group, and Pantera Capital.
If you're using any of the large exchanges mentioned in this thread, they're going to be US based and legit. That's actually why we have to go through the KYC/AML stuff and be careful about not getting flagged for gambling.

But the upside is that you don't really have to worry about them stealing your bitcoin or draining your bank account or whatever.
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-21-2016 , 09:58 PM
Question regarding the bonus and withdrawal. Just want to be 110% sure.

Back in May I did the Bitcoin 50% match bonus and I've cleared most of it but still have ~$1k of bonus left to clear.

Can I withdraw some of my available funds (more available if I forfeit bonus - which I obv don't want to do)
or does Bovada want me to clear the entire bonus on my deposit in May before I could withdraw anything?

Hypothetical Example:
Deposited $6k in May and got $3k bonus for $9k total. Won $10k additional since then bringing account up to $19k total with $2k of the bonus cleared. In this situation probably shows $3k locked ($1k uncleared bonus + $2k corresponding deposit for that bonus). But I could still withdraw up to $16k and not lose my bonus or have any issues.

Is my interpretation correct?
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-21-2016 , 10:57 PM
First bitcoin withdrawal (never deposited with it)
Req: 1am 7/21
Rec: 1pm in blockchain 7/21

Very impressive first experience and even made an extra $15!
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-21-2016 , 11:27 PM
BTC WD 7/21 at 8 AM in wallet at 4PM 7/21 and I made a extra 8 bucks. Good job Bovada
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-22-2016 , 01:59 PM
Which is quicker on Circle, bank account or Debit card to cash out funds?
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-22-2016 , 10:59 PM
Quote:
Originally Posted by Warder
I tell them that it's none of their business and that if they keep asking stupid questions then they'll be hearing from my lawyer.


(I'd actually be interested to hear what other ppl say as well)
Dude, there isn't a law where this business has to process your bitcoin or any other type of banking moves.
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-22-2016 , 11:01 PM
Quote:
Originally Posted by donkontilt4u
Which is quicker on Circle, bank account or Debit card to cash out funds?
Debit is less than 24 hours, so I don't see why anyone would need faster.
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-23-2016 , 02:11 AM
BTC requested this morning - 7/22
Approved this evening - 7/22

Just cashed out at Circle

[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-23-2016 , 08:15 AM
Can somebody give me some insight into why I deposited $2k via BTC while using the 20% bonus and got only $296 instead of $400.
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-23-2016 , 09:53 AM
Quote:
Originally Posted by .isolated
Can somebody give me some insight into why I deposited $2k via BTC while using the 20% bonus and got only $296 instead of $400.
I thought the 20% was up to $100? But maybe thats just my account.

"20% Match up to $100 on BitCoin Deposits"
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-23-2016 , 10:34 AM
Yeah, I'm an idiot. I deposited $500 twice and got two bonuses then $1k when I should've done $500 twice.
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-23-2016 , 11:01 AM
I requested a bitcoin withdrawal on 7/11 and it has not been processed yet.

Called customer service twice and got the run around that the 24-48 hour processing time is just an estimate. I was able to successfully deposit with bitcoin.

Cannot deposit until I either get the withdrawal or cancel it. What would you do?
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-23-2016 , 11:43 AM
Quote:
Originally Posted by .isolated
Yeah, I'm an idiot. I deposited $500 twice and got two bonuses then $1k when I should've done $500 twice.
So we can have unlimited bitcoin deposit bonuses running at the same time?

If so, does the flat rake apply to all bonuses? Or do we have to unlock them one at a time?

I suppose the latter would be counter intuitive to the $100 cap.
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-23-2016 , 11:44 AM
Quote:
Originally Posted by SFDetroitMan
I requested a bitcoin withdrawal on 7/11 and it has not been processed yet.

Called customer service twice and got the run around that the 24-48 hour processing time is just an estimate. I was able to successfully deposit with bitcoin.

Cannot deposit until I either get the withdrawal or cancel it. What would you do?
Yeah I'd cancel it and request another withdrawal with a fresh Bitcoin receive number.
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-23-2016 , 03:03 PM
How do you get a new bitcoin address on blockchain for withdrawal?

Requested a payout with said address then cancelled. Can't use the same address on bovada to try to withdraw with again. Blockchain receive address is the same still cuz no transaction went down.

Thanks.
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-23-2016 , 07:22 PM
Quote:
Originally Posted by mrunholy
How do you get a new bitcoin address on blockchain for withdrawal?

Requested a payout with said address then cancelled. Can't use the same address on bovada to try to withdraw with again. Blockchain receive address is the same still cuz no transaction went down.

Thanks.
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.
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-23-2016 , 08:51 PM
Quote:
Originally Posted by jdavis86
So we can have unlimited bitcoin deposit bonuses running at the same time?

If so, does the flat rake apply to all bonuses? Or do we have to unlock them one at a time?

I suppose the latter would be counter intuitive to the $100 cap.
I haven't looked but I'm sure they're not ******ed because they only run this bonus to get that rake. So, yes, you have to unlock one at a time.
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-24-2016 , 01:23 PM
How do taxes work with Bitcoin? I just recently completed my 1st bitcoin withdrwal but was wondering about the tax aspect of this digital currency? Does coinbase send u this info at the end of the year? I used blockchain then trnsfered to coinbase
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-24-2016 , 06:51 PM
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!
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-24-2016 , 07:17 PM
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.
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote
07-24-2016 , 10:01 PM
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.


there are several tutorial/guides posted in this thread....they are frequently quoted for posts like this and should be pretty easy to find if you scan back a few pages.
[Bodog] Bovada/Ignition payout thread for US players (DO NOT post bank names) Quote

      
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