Topping Up betworld96 with Bitcoin

Bitcoin is one of the nine ways to top up at betworld96. The smallest Bitcoin deposit is AU$10, it reaches your balance 10 to 30 minutes after you send it, and the only cost is the network fee your wallet pays; betworld96 itself charges nothing. Bitcoin works one way only. You can't withdraw in Bitcoin, so when you want your winnings, betworld96 pays them by PayID, Skrill, Neteller or Payz within 5 minutes, from AU$30.

Bitcoin compared with a PayID top-up

PayID is the bank-linked way to top up at betworld96, which makes it a useful yardstick for Bitcoin.

Put simply, Bitcoin makes sense at betworld96 if you already hold it and want to use it. If you would be buying Bitcoin just to deposit, PayID is quicker, cheaper and can also carry your winnings home.

How a Bitcoin top-up works

1. Sign in to betworld96 and go to the deposit page.
2. Choose Bitcoin and enter the amount you want to deposit, at least AU$10.
3. betworld96 displays a Bitcoin deposit address, with a QR code for phone wallets.
4. Open your wallet, choose send, and paste the address or scan the code.
5. Check the amount and the network fee on your wallet's confirmation screen.
6. Send, then copy the transaction ID your wallet shows.
7. Your betworld96 balance updates 10 to 30 minutes later, once the network has confirmed the payment.

While you wait, the deposit won't show in your balance yet, and that is normal. You can leave the page; the credit appears once the payment is confirmed, whether or not you are watching.

Treat the address on screen as belonging to this deposit. For your next top-up, start again from the deposit page instead of reusing an address from your wallet's history.

What happens while you wait

After you press send, your payment doesn't go straight to betworld96. It joins a queue of transactions waiting to be written into the Bitcoin blockchain. Miners bundle waiting transactions into blocks, and a new block is added about every ten minutes on average. Transactions paying a higher fee tend to be picked first.

From send to credit, the whole sequence takes 10 to 30 minutes at betworld96. Refreshing your balance won't move it along. If you check a public block explorer with your transaction ID, you can watch the payment move from waiting to confirmed.

Paying the network fee

The network fee is what you pay the Bitcoin network to process a transaction. It goes to the network, not to betworld96, and its size depends on how busy the network is when you send. Your wallet suggests a fee and usually lets you pick a slower, cheaper option or a faster, dearer one.

Two practical points follow from this:

• Choosing a very low fee can push you past 30 minutes on a busy day, because cheaper transactions wait longer for a block.
• Some wallets take the fee out of the amount you send. If yours does, the deposit that arrives is smaller than the figure you typed. Check the wallet's confirmation screen.

Here is an illustration with made-up numbers. You type AU$15 and your wallet shows a fee worth AU$1.50, taken from the amount. About AU$13.50 reaches betworld96, which clears the AU$10 minimum. Had you typed AU$11, only about AU$9.50 would arrive, under the minimum. Sending a few dollars more than you need avoids that, and also absorbs any movement in Bitcoin's price while the payment is confirmed.

Three checks before you press send

Bitcoin has no chargeback and no recall. If a payment goes to the wrong place, it stays there. These three checks are the whole of your protection.

1. Is it the right address?

Paste, don't type. Then compare the first five and last five characters in your wallet against the betworld96 screen. Some malicious software swaps a copied address for another, and this comparison is how you would catch it.

2. Is it Bitcoin, on the Bitcoin network?

betworld96 accepts Bitcoin and nothing else. Exchanges often list Bitcoin alongside wrapped versions or other networks. Pick the option that is plain Bitcoin (BTC) on the Bitcoin network. Another coin, or Bitcoin on another network, sent to this address may never arrive.

3. Will at least AU$10 land?

Look at the amount after the fee, not before it.

And one rule that isn't a check: no genuine betworld96 contact will ask for your seed phrase, recovery words or private key. Anyone who does is attempting to take your coins.

Which kind of wallet are you sending from?

All three can send to a betworld96 deposit address. The difference is how much happens before the network sees your payment.

Sending from an exchange

If your Bitcoin sits on an exchange rather than in your own wallet, sending it to betworld96 counts as a withdrawal from the exchange. The exchange may add its own fee, run its own checks, or ask you to approve a new address before the payment leaves. Those steps happen before the transaction reaches the network, so the 10 to 30 minutes at betworld96 only starts once the exchange has released it. If a payment seems stuck at the exchange, check with the exchange.

Cashing out when you deposited in Bitcoin

Your Bitcoin deposit becomes Australian dollars in your betworld96 balance, and winnings are paid out in Australian dollars too. Once your balance is AU$30 or more, pick one of the four payout methods:

A worked example, with made-up figures: you top up the equivalent of AU$40 in Bitcoin, about AU$38 credits after the fee, and you finish on AU$85. You request AU$85 by PayID and it reaches your bank within 5 minutes, with no fee from betworld96. To receive a PayID payout you need your own PayID registered with your bank; if you don't have one, ask your bank, or use an e-wallet. The PayID payments guide and the e-wallet guide cover both routes, and the payout guide explains what to do if a withdrawal is slow.

When a Bitcoin deposit is missing

• Under 30 minutes since sending: it is probably still waiting for a block. Check the transaction ID on a block explorer.
• Explorer shows confirmed, balance not updated after 30 minutes: contact betworld96 live chat, open 24/7, with the transaction ID, amount, time and the address you used.
• Explorer can't find the transaction: the payment may not have left your wallet or exchange. Check there first.
• Sent to a wrong address or as another coin: tell live chat at once, but understand that a blockchain payment can't be recalled.

Bitcoin's price and your deposit

Bitcoin's value in Australian dollars changes all the time, and over half an hour it can move a little either way. Your betworld96 balance is kept in Australian dollars, so what matters is the dollar value of the Bitcoin that arrives. Two habits help:

• Think of the deposit in dollars first, then send a little more Bitcoin than that figure needs, to cover the fee and small price changes.
• Don't wait for the price to move before depositing. A casino top-up isn't an investment decision, and treating it as one adds a second gamble to the first.

Keep a record of each top-up

For every Bitcoin deposit, note the date, the transaction ID, the amount sent and the dollar amount that appeared in your betworld96 balance. The transaction ID is what support needs to trace a payment, and the dollar amount is what belongs in your spending total. Your wallet keeps the first three; your betworld96 history shows the fourth.

Keeping crypto deposits within budget

Because Bitcoin is priced in a different unit, it is easy to lose track of what a deposit is worth in dollars. Set your budget in Australian dollars, and keep a note of each top-up's dollar value as it credits. A personal deposit limit on your account, explained in the deposit limits guide, applies to Bitcoin top-ups like any other. Free, confidential help is on the responsible gambling page. For every deposit and payout option side by side, see the betworld96 banking page, or go to betworld96 casino ↗.

Frequently Asked Questions