Intertops Halts Bitcoin Deposits

Posted by admin | Casino Affiliates | Tuesday 28 June 2016 3:19 pm

Intertops, an Antigua-based online bookmaker with a storied past, has stopped accepting Bitcoin deposits. It’s a move that’s both shrouded in mystery and not particularly popular with the operator’s Bitcoin using customers.

As of this writing, Intertops has yet to make a formal announcement as to why they’ve stopped accepting Bitcoin. The company did make a brief statement through an intermediary on a SportsBookReview forum thread saying:

Intertops is hopeful that bitcoin payouts will be restored by August but can’t offer an ETA as of this time. It’s frustrating for players and is a lot like a book being able to take in funds through Skrill but not payout the same way. What we generally ask is that players who deposited a certain way while a payout method was still available be offered a comparable method at the same cost for those who aren’t keen on waiting for BTC.

Though Intertop’s response offered practical advice, it wasn’t quite satisfactory for Bitcoin-using Intertops customers who piled on the representative with complaints.

An SBR poster going by rangerz2478 summed up a common complaint saying:

Unfortunately, a check or wire is not a ‘comparable’ method to bitcoin. And unfortunately are my only options.

Other posters took the opportunity to express displeasure with Intertops’ Bitcoin policies, which include strict monthly withdrawal and deposit limits that aren’t applied to players using traditional currency.

The entire situation illustrates the challenges the international gaming industry faces when it comes to Bitcoin and other digital currencies. Besides implementing additional security to accept and protect them, they’re also faced with coming up with alternative payment sources when Bitcion isn’t available.

Intertops says it’s working with its Bitcoin customers on alternative deposit/withdrawal options.

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