Bitcoin: Deposit Time Frame

Once you complete the Bitcoin transfer from your wallet to your account, the funds are usually available in your MyBookie account within 30 minutes. However, it could take up to one hour depending on the wallet/exchange you used and the number of confirmations required.

A confirmation means that there is a consensus on the network that the bitcoins you received haven’t been sent to anyone else and considered your property.

You can check the status of the transaction you have sent on the third-party links below:

Receiving notification of a payment is almost instant with Bitcoin, but please note there is a delay before the network confirms your transaction by including it in a block.

Once your transaction has been included in one block, it will continue to be buried under every block after it, which will exponentially consolidate this consensus and decrease the risk of a reversed transaction.

Each confirmation takes between a few seconds and 90 minutes, with 10 minutes being the average. If the transaction pays too low a fee or is otherwise atypical, getting the first confirmation can take much longer. Every user is free to determine at what point they consider a transaction sufficiently confirmed, but 6 confirmations are often considered to be as safe as waiting 6 months on a credit card transaction.

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