Post
Topic
Board Gambling
Re: 5 btc max withdrawal at most casinos?
by
jarrick
on 04/12/2014, 05:27:59 UTC
"The maximum withdrawal you can do at one time is 5BTC.
For wins larger than this we pay out the winnings in installments according to a schedule which we agree on together."

To me, that seemed crazy. It's one thing to have a maximum of 5 btc at one time (which I couldn't find a word of that policy on their site including FAQ's).  The problem is that I'm supposed to wait on a installment plan or schedule for the other 2.7?  That blew my mind. Is that the policy of most btc casinos?

This IS crazy. Trusted sites just have a limit from having some of the funds in a cold wallet and at worst, they will verify that your win was proper and then make funds available for the withdrawal.

Absolutely. I can see limits for security reasons but an  "agreed upon schedule" is a big red flag. Casinos don't make payment arrangements with winners.

Agree with you.   Grin