As I'm working on the auto payout, I've been asking myself the question on how long should I wait once a payout request is made before issuing it? The standard confirmation of a transaction is 1440 confirmed blocks. To me, this seems too long. What do you feel is an appropriate time to wait?
In a broader question, while 1440 confirmations is official, what is the practical confirmations number before a transaction is unlikely to be reversed?