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BetDSI Issues Statement on Bitcoin Fork

Scott Morris | July 30, 2017

Anyone keeping up with Bitcoin lately knows that there a possible and likely split in the blockchain coming up. At the very least there will some cluttering in the processing while a software upgrade is happening. Because most sportsbooks offer Bitcoin as their main pay-in and pay-out option, there has been plenty of concern in the industry.

Some experts say this could be a disaster for the crypto-currency and yet others say it is much-ado-about-nothing. Some sportsbooks have begun to contact their players to let them know everything will be just fine. Below is the message BetDSI (Rating C-) has issued to its members.

Dear Player,

The Bitcoin blockchain will undergo a hard fork on August 1. We do believe that this will not affect you or the crypto currency greatly.   We will be following the situation very closely and will support the most popular soft or hard fork. 

We take the matter of your deposits and withdrawals very seriously. To ensure that we are able to take necessary steps to protect your funds, our Bitcoin cashier will be transacting at a minimum of 350+ confirmations for a period beginning July 31st through further notice. 

Once the fork has concluded and the blockchain has stabilized we will resume transacting as normal.  Our support staff is available to answer any questions and provide any support needed.

Best Regards,

BetDSI Team

—end message—-

We would like to also take time in this post to mention that BetDSI is being upgraded in rating now that they have left the Bookmaker Umbrella of sites. BetDSI is upgraded to C+

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