Beware: BetDSI with a new bullshit policy

Defying · Oct 6, 2017

I've been a huge advocate for BETDSI for a while. I've cashed out over 50k without a hiccup. In return, I've recommended them to a bunch of people.

One of these referrals called me the other day to get my opinion on a new policy BetDSI implemented.

If you deposit via credit card and cash out via bitcoin, BetDSI will charge you 10% of your PAYOUT!

Look, I get it. BetDSI doesn't want to be an exchange for BTC. But charging 10% of Payout is short-sided at best. Any penalty should be based on the deposit amount. BTC has to be the cheaper, easier option for them to payout.

BetDSI refused to do anything for my friend as he was completely unfair of this newly implemented policy. If this was a 5 figure payout and they wanted to charge me based on my payout amount, I'd be livid. Just wanted to spread the news of this policy.

Betallsports · Oct 6, 2017

Did they pay the incoming CC deposit ?

Back in the day if you deposited one way, you had to take payout the same way or pay a fee ( something along those lines )

bodyforlife · Oct 6, 2017

Yep, they're idiots. I was told about it when I tried to have them do a manual deposit for me (I was happy their cc processor didn't work this time). When the guy told me, my first response was..."are you serious?!". He said "yes" and asked if I still wanted him to put through the deposit. I told him "hell no, it looks like it's time for me to find another book". Glad I have you as an out.

Defying · Oct 6, 2017

Betallsports said:
Did they pay the incoming CC deposit ?

Back in the day if you deposited one way, you had to take payout the same way or pay a fee ( something along those lines )

hasnt been like that in a while... but imagine them taking 10% of your payout! The payout amount should have nothing to do with the penalty. It's excessive.

Defying · Oct 6, 2017

BAS, they have phones that you can outside and use anywhere now <

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Betallsports · Oct 6, 2017

Defying said:
hasnt been like that in a while... but imagine them taking 10% of your payout! The payout amount should have nothing to do with the penalty. It's excessive.

I'm not agreeing with the 10% take out, think it's crazy.Jus
t trying to figure it out why

like lets say you deposited a large amount and they ate the fees, were they hit with eating $100+
what are the normal fees with BTC ?? are there No fees ?

Not saying it's alright, but maybe they feel they ate the incoming fees and it's cheaper for the customer to get a payout with BTC
and they feel they are getting hit with fees on their end.

I don't know because I'm not a Bitcoin guy