Minimum deposit and withdrawal
The minimum withdrawal is €50 per transaction, except Bitcoin at the equivalent of €200 and Ethereum at €100. You withdraw with the method you deposited with, except cards, whose funds leave by bank or e-wallet; the request starts in the BIA Wallet and processing takes up to 24 working hours.
Each deposit must be wagered once, at odds of 1.50 or more, before a withdrawal is processed. Only settled bets count; pushes, voids and cashed-out bets do not, and on opposite outcomes of one market only the smaller stake counts.
Commissions and charges
BLACK has no commission on bets placed with bookmakers. On its exchanges the commission is built into the price, and BetInAsia lists Molly Exchange at 1%, Smarkets at 1.375% and Matchbook at 2.2%. A charged-back, refused or cancelled payment carries an administration fee of €50 or the equivalent.
KYC verification
Until your deposits pass €2,000 in total you can register, deposit, open product accounts and transfer funds without KYC. After that, or on any withdrawal request, the check is mandatory: a valid ID document, front and back, and a utility bill or bank statement under three months old, plus a selfie when required, as PDF, PNG or JPEG up to 5 MB.
The KYC team has 24 hours to reply. Open the KYC step early (the first withdrawal goes faster for it).