Bovada online gambling now accepting Bitcoin

News on 5 May 2016

Online casino and poker operator Bovada has integrated the virtual currency Bitcoin into its player payment and deposit options to give customers a wider choice of financial facilities, the company has announced.

Less palatable is the unilateral manner in which the company’s affiliate marketing management wing, Betting Partners, has declared it will be switching affiliates over to Bitcoin on June 1 this year.

Affiliates claim they were not consulted before the company issued the following communication:

“We wanted to inform you in advance that, effective June 1, 2016, we will be moving all Betting Partners affiliate payments over to Bitcoin. Bitcoin will be the only payment method available moving forward, no other payment methods will be supported as of June 1st 2016 – Including Player Account Transfer.

“No restrictions on the amount you can receive. We can process up to $40,000 per Bitcoin Address. If your earnings are above $40,000, you will be required to provide multiple addresses. However, they will all be processed at the same time, which means no delay in receiving your entire payment.

“The minimum payment threshold will be lowered to only $10 USD, which is great news for partners who do not hit the current minimum payment thresholds.”

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