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April 2025 Sportsbook Payout Time Tracking

nasios

nasios

Joined
Jan 8, 2024
Messages
188
This looks like they have developed automations for payouts. It shows they know well their business model and they are not afraid to proceed to payouts without any human intervation. Good job to BOL

BM more than great with paying me out! The few minutes delay provokes there is a manual check from a human
While I gave them credits last time, I noticed that they apply withdrawal fees for each n every crypto.
It used to be free for litecoin and other cryptos, they charged only for bitcoin which admittedly has high transactional fee by itself.

It's insane they apply fee for all cryptos where actually their transactional fees are almost zero. Many thumbs down to BOL for doing this. Very disappointing.. I wish they change it back very soon.

Here is the fee table they sent me via live chat:

Not seeing an option anymore for free withdrawals.
 

sportsbettor5

sportsbettor5

Joined
Jan 14, 2022
Messages
821
While I gave them credits last time, I noticed that they apply withdrawal fees for each n every crypto.
It used to be free for litecoin and other cryptos, they charged only for bitcoin which admittedly has high transactional fee by itself.

It's insane they apply fee for all cryptos where actually their transactional fees are almost zero. Many thumbs down to BOL for doing this. Very disappointing.. I wish they change it back very soon.

Here is the fee table they sent me via live chat:

Not seeing an option anymore for free withdrawals.
I also remember the free withdrawals, and I don't find these fees outlandish.

I seriously doubt that their transaction fees are almost zero. Unless they're holding balances in crypto like Nitro (let's hope not!), it does indeed cost them to exchange between fiat and crypto. Have you ever tried exchanging fiat<->crypto on a crypto exchange? Typically you'll pay a percentage fee. The fixed fees they charge us are much less than what it costs to exchange on a typical crypto exchange.

Their main competitor (Pinnacle) is absolutely brutal on crypto withdrawals. There are many threads about this.
 

nasios

nasios

Joined
Jan 8, 2024
Messages
188
I also remember the free withdrawals, and I don't find these fees outlandish.

I seriously doubt that their transaction fees are almost zero. Unless they're holding balances in crypto like Nitro (let's hope not!), it does indeed cost them to exchange between fiat and crypto. Have you ever tried exchanging fiat<->crypto on a crypto exchange? Typically you'll pay a percentage fee. The fixed fees they charge us are much less than what it costs to exchange on a typical crypto exchange.

Their main competitor (Pinnacle) is absolutely brutal on crypto withdrawals. There are many threads about this.
I would vote for better on holding balances in cryptos avoiding that way the exchanges fees which are costful I agree. Why not holding them?

p.s. I won't reply to your response to not spam this thread as BJ will correctly notify us
 

btcfan

btcfan

Joined
May 31, 2023
Messages
301
I would vote for better on holding balances in cryptos avoiding that way the exchanges fees which are costful I agree. Why not holding them?

p.s. I won't reply to your response to not spam this thread as BJ will correctly notify us
Holding crypto for BOL is adding volatility when they don't operate in that currency. Revisiting fees and may reallocate and lower balance there.

BOL - LTC, 30 min
 
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