Withdrawing frequency

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  • dns
    SBR Rookie
    • 01-22-19
    • 5

    #1
    Withdrawing frequency
    It may sound strange but i founded that for me psychologically easier to withdraw small amounts and play with lower bank.
    I play in pinnacle and i read somewhere that guy used to withdraw after each successful bet and he had some problems.
    But to withdraw 200-300$ every 2-3 days should be ok right?
    and i know about the 15 euro fee for every withdrawing or it may get higher if it was a lot if withdrawing that month?

    thanks
  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388179

    #2
    not really a good idea , books have costs too

    They might tell you to slow down but why not try
    Comment
    • Hman
      SBR Posting Legend
      • 11-04-17
      • 21429

      #3
      I'd guess that books don't like to see a customer withdraw more than once per week max
      Comment
      • funnyb25
        BARRELED IN @ SBR!
        • 07-09-09
        • 39663

        #4
        Wrong forum for question. We only deposit around here.
        Comment
        • Sam Odom
          SBR Aristocracy
          • 10-30-05
          • 58063

          #5
          straight bettors should keep the w/d to a min

          another story for scalpers (anyone scalp any longer)
          Comment
          • Hman
            SBR Posting Legend
            • 11-04-17
            • 21429

            #6
            Originally posted by funnyb25
            Wrong forum for question. We only deposit around here.


            Comment
            • Optional
              Administrator
              • 06-10-10
              • 61350

              #7
              Originally posted by dns
              It may sound strange but i founded that for me psychologically easier to withdraw small amounts and play with lower bank.
              I play in pinnacle and i read somewhere that guy used to withdraw after each successful bet and he had some problems.
              But to withdraw 200-300$ every 2-3 days should be ok right?
              and i know about the 15 euro fee for every withdrawing or it may get higher if it was a lot if withdrawing that month?

              thanks
              They won't care how often you withdraw if its just winnings going out regularly.

              They may ask you to change your pattern if you deposit/withdraw/redeposit at high frequency though.
              .
              Comment
              • jjgold
                SBR Aristocracy
                • 07-20-05
                • 388179

                #8
                more in account the more we lose
                Comment
                • dns
                  SBR Rookie
                  • 01-22-19
                  • 5

                  #9
                  Ok so its not a good idea i can see
                  Comment
                  • dns
                    SBR Rookie
                    • 01-22-19
                    • 5

                    #10
                    Originally posted by Optional
                    They won't care how often you withdraw if its just winnings going out regularly.

                    They may ask you to change your pattern if you deposit/withdraw/redeposit at high frequency though.
                    The idea is just the winnings if i have those. You the only one who thinks it should be fine
                    Thanks
                    Comment
                    • flakeandbake
                      SBR MVP
                      • 06-21-10
                      • 3672

                      #11
                      Originally posted by dns
                      It may sound strange but i founded that for me psychologically easier to withdraw small amounts and play with lower bank.
                      I play in pinnacle and i read somewhere that guy used to withdraw after each successful bet and he had some problems.
                      But to withdraw 200-300$ every 2-3 days should be ok right?
                      and i know about the 15 euro fee for every withdrawing or it may get higher if it was a lot if withdrawing that month?

                      thanks
                      I usually do not cash frequently but this past week os so I have been withdrawing and depositing almost after every bet. So far no issues but was wondering the same

                      I use PayPal so the book sends the payment within about a day
                      Comment
                      • Optional
                        Administrator
                        • 06-10-10
                        • 61350

                        #12
                        Originally posted by dns
                        The idea is just the winnings if i have those. You the only one who thinks it should be fine
                        Thanks
                        If they don't like it, they will just tell you. Nothing bad will happen.

                        But I'm pretty sure they won't care about you maintaining a maximum account balance by flushing out winnings every day or two.

                        If you mean more frequently than that, like cashing out the profit after every bet I am not as sure.
                        .
                        Comment
                        • hustledouble
                          SBR High Roller
                          • 11-26-13
                          • 189

                          #13
                          Most places will have a small charge for more than once every few days I think? Aside from actual payout itself operational overhead of withdrawals has to be one of their larger expenses and of course they're incentivized to keep your money in play whenever possible so that's prob why...
                          Comment
                          • GordonGecko2011
                            SBR High Roller
                            • 01-13-11
                            • 157

                            #14
                            With BOL they have 6 different cryptocurrency options and I think allow 3 withdraws per week (one per 24 hours) per coin with a maximum of $10,000 a week per coin.

                            There have been times when I have made 6 withdraws in a day and have had no problem. I usually wind up having to redeposit because I then lose and have to reup.

                            I would think it’s no different then going to the cage to cash out at a land based casino.

                            In the long run they are getting their money unless you are consistantly winning.

                            Great topic by the way as I have always wondered the same.
                            Comment
                            • xKMACKx
                              SBR MVP
                              • 11-16-08
                              • 1274

                              #15
                              Originally posted by hustledouble
                              Most places will have a small charge for more than once every few days I think? Aside from actual payout itself operational overhead of withdrawals has to be one of their larger expenses and of course they're incentivized to keep your money in play whenever possible so that's prob why...
                              Pinnacle offers one free withdrawal a month. They'll charge otherwise so I doubt they care if the cost is being covered.
                              Comment
                              • xKMACKx
                                SBR MVP
                                • 11-16-08
                                • 1274

                                #16
                                The only thing I would see them having an issue with is if you're not gambling and asking for small withdrawals routinely. Probably flags for money laundering.
                                Comment
                                • jjgold
                                  SBR Aristocracy
                                  • 07-20-05
                                  • 388179

                                  #17
                                  Originally posted by GordonGecko2011
                                  With BOL they have 6 different cryptocurrency options and I think allow 3 withdraws per week (one per 24 hours) per coin with a maximum of $10,000 a week per coin.

                                  There have been times when I have made 6 withdraws in a day and have had no problem. I usually wind up having to redeposit because I then lose and have to reup.

                                  I would think it’s no different then going to the cage to cash out at a land based casino.

                                  In the long run they are getting their money unless you are consistantly winning.

                                  Great topic by the way as I have always wondered the same.
                                  WOW!!!!!!!!!!!!!

                                  Great info
                                  Comment
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