Are any books delaying payouts?

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  • Sam Odom
    SBR Aristocracy
    • 10-30-05
    • 58063

    #36
    Let's be honest... If a book cannot payout in 48hrs they are being mismanaged or worse
    Comment
    • Alfa1234
      SBR MVP
      • 12-19-15
      • 2722

      #37
      Originally posted by Motorhead11
      Hope books block withdrawals for next 2 months. No company can handle so many withdrawal requests.
      Don't say things you have no clue about. Any somewhat decent company should have client funds in a seperate account. Any company that blocks withdrawals because of liquidity issues now and survives will never see a dime of me again after this is over.
      Comment
      • Sam Odom
        SBR Aristocracy
        • 10-30-05
        • 58063

        #38
        Originally posted by Sam Odom


        Let's be honest... If a book cannot payout in 48hrs they are being mismanaged or worse
        Originally posted by Alfa1234


        Any somewhat decent company (Book) should have client funds in a separate account.





        Most CR book owners think once they have a Deposit it is their $$$
        Comment
        • lakerboy
          SBR Aristocracy
          • 04-02-09
          • 94368

          #39
          Originally posted by caramba
          60 hrs since my 6k payout with Betonline was approved. They still haven't sent the funds and keep saying payment is in the finalizing stages. I'm not overly worried yet considering they are rated A+, but more annoyed with their live agents who are useless guessers that say funds will be sent within the next few hours when they have no idea on if this will happen. Will update once I have the funds.
          Speak to Nancy Diggins. She should be able to help you.
          Comment
          • caramba
            SBR Sharp
            • 05-03-12
            • 371

            #40
            The $6k in ETH payout from Betonline received (3 days).
            Comment
            • Motorhead11
              SBR High Roller
              • 09-04-18
              • 238

              #41
              Originally posted by Alfa1234
              Don't say things you have no clue about. Any somewhat decent company should have client funds in a seperate account. Any company that blocks withdrawals because of liquidity issues now and survives will never see a dime of me again after this is over.
              Yeah yeah...you expect so much from curacao licensed books.No need to mention what will happen with agents when all act like you lol
              Comment
              • MLBfan88
                SBR Hustler
                • 07-12-19
                • 57

                #42
                Justbet/Bookmaker paid me 3K USD via bitcoin in 15 mins. Not bad.

                But what is bad is that they lowered their limits and didn't even list the new limits in the cashier section. Hence I was trying a too high amount and not realizing it, giving me error messages again and again. Then only after contacting live chat I was told about the limits. And when I advised them to update the max. amount in the cashier, they said "good idea, I will pass it on". Mind boggling that they cannot think of that themselves
                Comment
                • turbobets
                  SBR Wise Guy
                  • 01-13-06
                  • 995

                  #43
                  Originally posted by Motorhead11
                  Hope books block withdrawals for next 2 months. No company can handle so many withdrawal requests.
                  Was thinking the same thing.
                  Comment
                  • Optional
                    Administrator
                    • 06-10-10
                    • 60768

                    #44
                    Originally posted by Sam Odom
                    Let's be honest... If a book cannot payout in 48hrs they are being mismanaged or worse
                    Honestly, it would be stranger if a bookmaker business kept enough in liquid cash that was accessible within 48 hours to cover all balances within 48 hours.

                    The majors have all managed to satisfy the early demand and I think it would be weirder to not see them throttling the flow and offering incentives to not add to the demand right now.

                    Sports are going to back sometime. The staff at these big offshores may end up suffering with layoffs in the mean time, but the books arent going anywhere with anyones money. Too much profit potential when life resumes for them to be let die.
                    .
                    Comment
                    • Sam Odom
                      SBR Aristocracy
                      • 10-30-05
                      • 58063

                      #45
                      Originally posted by Optional


                      Honestly, it would be stranger if a bookmaker business kept enough in liquid cash that was accessible within 48 hours to cover all balances within 48 hours.

                      Strawman ^

                      Too many ways to access cash electronically & cash equivalents including crypto to make most w/d in a few keystrokes
                      Comment
                      • Optional
                        Administrator
                        • 06-10-10
                        • 60768

                        #46
                        Originally posted by Sam Odom


                        Strawman ^

                        Too many ways to access cash electronically & cash equivalents including crypto to make most w/d in a few keystrokes
                        I'm just guessing same as you Sam. But if you had a business running at about 10% of liability in withdrawals per month, would you have a lot more than that 10% just held as instant accessible? Or maybe buy bonds or invest some fixed term etc?
                        .
                        Comment
                        • Sam Odom
                          SBR Aristocracy
                          • 10-30-05
                          • 58063

                          #47
                          we good opti

                          IMO - the biggest problem with most CR books is post #38 and how they misuse deposits
                          Comment
                          • BigDeem5
                            SBR Posting Legend
                            • 02-26-11
                            • 17191

                            #48
                            2 hour withdraw from Bookmaker today... although they fukked me on my PGA bets and SBR hasn’t responded to my complaint
                            Comment
                            • pologq
                              SBR Posting Legend
                              • 10-07-12
                              • 19899

                              #49
                              books should be able to pay no matter what. they have your money already. the liability is on them then to pay if you want to withdraw. this includes having funds available to pay like before. excuses really don't fly if a book is managed right.

                              a bookie expects you to pay when you lose and will pay you when you win. that needs to carry thru to offshore. difference being you already pay as if you lost first with offshore.

                              a casino doesn't say they can't pay you even if they had an abnormal amount of winners that night. trust is killed when a book knows to take money but has trouble giving it back.
                              Comment
                              • lonnie55
                                SBR MVP
                                • 04-08-16
                                • 2689

                                #50
                                Originally posted by pologq
                                books should be able to pay no matter what.
                                Banks should be, too, but if everybody withdraws his money, we all know what happens.
                                Comment
                                • jjgold
                                  SBR Aristocracy
                                  • 07-20-05
                                  • 388189

                                  #51
                                  Anytime is a rush on any type of with drawl with the financial instrument there’s going to be delays
                                  Comment
                                  • Hman
                                    SBR Posting Legend
                                    • 11-04-17
                                    • 21429

                                    #52
                                    Originally posted by MLBfan88
                                    Justbet/Bookmaker paid me 3K USD via bitcoin in 15 mins. Not bad.
                                    Originally posted by BigDeem5
                                    2 hour withdraw from Bookmaker today..


                                    Solid news on Bookmaker, thank fellas
                                    Comment
                                    • pimike
                                      BARRELED IN @ SBR!
                                      • 03-23-08
                                      • 37139

                                      #53
                                      Originally posted by lonnie55
                                      Banks should be, too, but if everybody withdraws his money, we all know what happens.
                                      It’s not the banks or books money.
                                      Comment
                                      • floki
                                        SBR MVP
                                        • 02-07-19
                                        • 1139

                                        #54
                                        Originally posted by stevex
                                        Heritage is giving you a 20% bonus of your total balance if you leave it in your account. Got the email about that yesterday.
                                        they offer it after u request it
                                        Comment
                                        • mrpapageorgio
                                          SBR MVP
                                          • 09-07-17
                                          • 2974

                                          #55
                                          Originally posted by lonnie55
                                          Banks should be, too, but if everybody withdraws his money, we all know what happens.
                                          Difference between a bank and a book though is the business model of a bank is to make money by using their deposits as the source of funding for loans that earn interest so it's not expected they have the full balance of deposits on hand (otherwise they can't offer loans). However, that's why our deposits have FDIC insurance in case of a run that's too big for a bank to handle.

                                          Books though should have a bettor's money on hand. They do not make loans to bettors and their profits are supposed to come from the vig on the lines they post. There's no reason they shouldn't have the vast majority of balances available to payout.

                                          The books that have a decent poker room and casino (Bovada, BOL) should be able to weather the storm since they can use the revenue from those two sources to keep the lights on. Any books that rely majority on sports betting will be in trouble if this keeps going.
                                          Comment
                                          • Black Coffee
                                            SBR MVP
                                            • 05-04-19
                                            • 1187

                                            #56
                                            Bookmaker paid out quickly.
                                            Comment
                                            • jazzmonkey
                                              SBR High Roller
                                              • 06-27-08
                                              • 130

                                              #57
                                              Betcris not paid, 3 days and counting
                                              Comment
                                              • caramba
                                                SBR Sharp
                                                • 05-03-12
                                                • 371

                                                #58
                                                Betonline 2nd withdrawal ($3k) received within 22 hrs.
                                                Comment
                                                • jazzmonkey
                                                  SBR High Roller
                                                  • 06-27-08
                                                  • 130

                                                  #59
                                                  Cris payouts are apparently all on hold as 'merchants are offline'

                                                  Would be nice if books, especially A+rated, came on to forums to explain the situation for themselves.
                                                  Comment
                                                  • infotimbo
                                                    SBR Wise Guy
                                                    • 10-24-18
                                                    • 837

                                                    #60
                                                    Originally posted by jazzmonkey
                                                    Would be nice if books, especially A+rated, came on to forums to explain the situation for themselves.
                                                    I don't think representatives from Bookmakers are allowed to post on here?!

                                                    DSI is definitely slower than usual, by the way. BTC payout from Monday is still pending.
                                                    Comment
                                                    • Optional
                                                      Administrator
                                                      • 06-10-10
                                                      • 60768

                                                      #61
                                                      Originally posted by jazzmonkey
                                                      Cris payouts are apparently all on hold as 'merchants are offline'

                                                      Would be nice if books, especially A+rated, came on to forums to explain the situation for themselves.
                                                      Thanks for posting that Jazzmonkey. Will see if I can find out moe.
                                                      .
                                                      Comment
                                                      • DoctorStrong
                                                        SBR Wise Guy
                                                        • 12-11-19
                                                        • 759

                                                        #62
                                                        Originally posted by Sam Odom



                                                        Most CR book owners think once they have a Deposit it is their $$$
                                                        97% of the time it is
                                                        Comment
                                                        • Brooklyn Dick
                                                          SBR MVP
                                                          • 09-12-08
                                                          • 1067

                                                          #63
                                                          EVERY one of these books regardless of the rating on this site run with OPM. No way they can pay out half of what they are supposed to have.
                                                          Comment
                                                          • jazzmonkey
                                                            SBR High Roller
                                                            • 06-27-08
                                                            • 130

                                                            #64
                                                            Thanks
                                                            Comment
                                                            • Sobob99
                                                              SBR High Roller
                                                              • 05-08-17
                                                              • 206

                                                              #65
                                                              What are the limits now?

                                                              Originally posted by MLBfan88
                                                              Justbet/Bookmaker paid me 3K USD via bitcoin in 15 mins. Not bad.

                                                              But what is bad is that they lowered their limits and didn't even list the new limits in the cashier section. Hence I was trying a too high amount and not realizing it, giving me error messages again and again. Then only after contacting live chat I was told about the limits. And when I advised them to update the max. amount in the cashier, they said "good idea, I will pass it on". Mind boggling that they cannot think of that themselves
                                                              Comment
                                                              • MLBfan88
                                                                SBR Hustler
                                                                • 07-12-19
                                                                • 57

                                                                #66
                                                                Originally posted by Sobob99
                                                                What are the limits now?
                                                                3K per week
                                                                Comment
                                                                • Lefty1989
                                                                  SBR Rookie
                                                                  • 03-18-20
                                                                  • 18

                                                                  #67
                                                                  Originally posted by stevex
                                                                  Heritage is giving you a 20% bonus of your total balance if you leave it in your account. Got the email about that yesterday.
                                                                  Does anybody know if -105 vig customers are eligible for this or is it only for the people on the cash back rewards program like all the other promotions? I would hope the -105 vig players are included, since there are no sports to get -105 on right now.
                                                                  Comment
                                                                  • Krashman
                                                                    SBR MVP
                                                                    • 07-24-09
                                                                    • 3740

                                                                    #68
                                                                    Originally posted by Lefty1989
                                                                    Does anybody know if -105 vig customers are eligible for this or is it only for the people on the cash back rewards program like all the other promotions? I would hope the -105 vig players are included, since there are no sports to get -105 on right now.
                                                                    Not specified. So probably.

                                                                    Promo is on their website, before you log in.

                                                                    Click it for the T&C

                                                                    Can always hop on chat and ask.
                                                                    Comment
                                                                    • pimike
                                                                      BARRELED IN @ SBR!
                                                                      • 03-23-08
                                                                      • 37139

                                                                      #69
                                                                      My understanding Is you can also fund them and when sports starts you get the 20% based on balances .
                                                                      Comment
                                                                      • SBR Forum
                                                                        Administrator
                                                                        • 12-02-06
                                                                        • 4559

                                                                        #70
                                                                        Originally posted by jazzmonkey
                                                                        Cris payouts are apparently all on hold as 'merchants are offline'

                                                                        Would be nice if books, especially A+rated, came on to forums to explain the situation for themselves.
                                                                        We spoke with Betcris - this isn't true.
                                                                        Comment
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