I won a 22k parlay on fanduel - better to do multiple withdrawals or one big one??
I've heard anything under 700 dollars is processed immediately
Should I just do like 50 withdrawals under 700?
blankoblanco
SBR MVP
11-18-11
3486
#2
Congrats on the win!
That's a lot of smaller withdrawals to make. It could raise red flags if you're doing them in quick succession, and it's in the realm of possibility that they use it as a reason to freeze your account or something. Otherwise it's gonna make it take forever to get all your money out
I would probably just go with the bigger withdrawal that you actually want and avoid anything that could look sus. However I don't have experience with making a large withdrawal from Fanduel, so maybe somebody else has better advice
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Orion1178
SBR High Roller
10-05-23
151
#3
Originally posted by blankoblanco
Congrats on the win!
That's a lot of smaller withdrawals to make. It could raise red flags if you're doing them in quick succession, and it's in the realm of possibility that they use it as a reason to freeze your account or something. Otherwise it's gonna make it take forever to get all your money out
I would probably just go with the bigger withdrawal that you actually want and avoid anything that could look sus. However I don't have experience with making a large withdrawal from Fanduel, so maybe somebody else has better advice
Why would multiple small withdrawals cause a freeze of account? I'm not cheating anything
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Easy-Rider 66
BARRELED IN @ SBR!
02-14-12
36077
#4
Originally posted by Orion1178
Why would multiple small withdrawals cause a freeze of account? I'm not cheating anything
structuring so trying to avoid taxes?
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Orion1178
SBR High Roller
10-05-23
151
#5
Originally posted by Easy-Rider 66
structuring so trying to avoid taxes?
They don't take out taxes unless it's a huge parlay - like 300 to 1
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Easy-Rider 66
BARRELED IN @ SBR!
02-14-12
36077
#6
Originally posted by Orion1178
They don't take out taxes unless it's a huge parlay - like 300 to 1
not sure what the rules are with taxes. Maybe someone with experience withdrawing that kind of coin can assist you. GL.
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Optional
Administrator
06-10-10
60714
#7
Originally posted by Easy-Rider 66
structuring so trying to avoid taxes?
Originally posted by Orion1178
They don't take out taxes unless it's a huge parlay - like 300 to 1
It's about money laundering. If you "look" like you are doing that books are supposed to investigate why and report it if needed.
.
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Doug tushyterror
SBR MVP
07-03-12
4172
#8
Originally posted by Orion1178
I've heard anything under 700 dollars is processed immediately
Should I just do like 50 withdrawals under 700?
I'd say post the slip or it never happened but people aren't big on proof around here so I'll take you at your "word"
* just 3 of my WDs this month that all arrived the same day so I'm pretty sure they could expedite 1 of your "big ones" with maximum efficiency.
Thanks ER but it's all based off this..would still be eating Ramen & living in credit card debt if Sinner doesn't come back from 2 sets down..even paid off all my cards in full as a result.
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Easy-Rider 66
BARRELED IN @ SBR!
02-14-12
36077
#11
^^^
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d2bets
BARRELED IN @ SBR!
08-10-05
39990
#12
Why would you do that? What is it that you're worried about? I've done many withdrawals much larger than that without issue. It takes a day or two. Many small withdrawals might piss them off and get your account locked.
22k may seem like a lot to you, but it's nothing. They were taking 500k on sides yesterday.
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lakerboy
SBR Aristocracy
04-02-09
94365
#13
They will give you 10k in less than 24 hours. FanDuel is slow but dk Pays at lightning pace.
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d2bets
BARRELED IN @ SBR!
08-10-05
39990
#14
Originally posted by lakerboy
They will give you 10k in less than 24 hours. FanDuel is slow but dk Pays at lightning pace.
Less than 24 hours is slow? My experience is they approve same day and it hits account the next day. That's not slow in my book.
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DwightShrute
SBR Aristocracy
01-17-09
102361
#15
Originally posted by d2bets
Why would you do that? What is it that you're worried about? I've done many withdrawals much larger than that without issue. It takes a day or two. Many small withdrawals might piss them off and get your account locked.
22k may seem like a lot to you, but it's nothing. Theywere taking 500k on sides yesterday.
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lakerboy
SBR Aristocracy
04-02-09
94365
#16
Originally posted by d2bets
Less than 24 hours is slow? My experience is they approve same day and it hits account the next day. That's not slow in my book.
FanDuel has NEVER given me in less then 48 hours. That's based on ALOT of withdrawals not one or two experiences.
DK pays very fast.
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d2bets
BARRELED IN @ SBR!
08-10-05
39990
#17
Originally posted by lakerboy
FanDuel has NEVER given me in less then 48 hours. That's based on ALOT of withdrawals not one or two experiences.
DK pays very fast.
Weird. It usually hits my account next day. But you're in Canada, right? So that's probably the difference.
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d2bets
BARRELED IN @ SBR!
08-10-05
39990
#18
Originally posted by DwightShrute
Why is that funny? Genuinely curious. Some people see a thousand or two in their account and think it's a crazy huge sum. Others see it as a rounding error. It's all relative.
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DwightShrute
SBR Aristocracy
01-17-09
102361
#19
Originally posted by d2bets
Why is that funny? Genuinely curious. Some people see a thousand or two in their account and think it's a crazy huge sum. Others see it as a rounding error. It's all relative.
Are you saying $22k to a bettor or the book? If you mean the book, then I misunderstood.
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JIBBBY
SBR Aristocracy
12-10-09
83691
#20
Leave it all in and let it ride! Don't be a pussy...
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dxp
SBR Sharp
10-06-18
463
#21
as soon as i linked my bank account with trustly on both draftkings and fanduel, i began receiving my payouts immediately. it takes like 1-2 minutes on average. doesn't matter if it's $50, $700 or $2000. regular ACH with fanduel used to take 24-72 hours because they handle it and it goes in their queue.
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d2bets
BARRELED IN @ SBR!
08-10-05
39990
#22
Originally posted by DwightShrute
Are you saying $22k to a bettor or the book? If you mean the book, then I misunderstood.
Of course it's peanuts to the book, esp Fanduel. And it's also not that monumental to a lot of bettors. It's all relative.
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Easy-Rider 66
BARRELED IN @ SBR!
02-14-12
36077
#23
Originally posted by d2bets
Of course it's peanuts to the book, esp Fanduel. And it's also not that monumental to a lot of bettors. It's all relative.
you must be a heavy hitter D2bets. 22K is a lot of coin for sure. Good luck moving forward.
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mjsuax13
Moderator
03-14-15
24825
#24
Fellas- the OP didn’t win anything. He does these posts every few months. Eventually he will meltdown and say he needs to be banned because he has a gambling problem.
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Eddy Munny
SBR Posting Legend
08-13-13
15746
#25
What method do the domestic books use for payouts?
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pavyracer
SBR Aristocracy
04-12-07
82486
#26
Originally posted by mjsuax13
Fellas- the OP didn’t win anything. He does these posts every few months. Eventually he will meltdown and say he needs to be banned because he has a gambling problem.
Usually these posters try to sneak a link to a book or a service. There should be a way to move these posts quickly so posters don't start replying to them.
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mjsuax13
Moderator
03-14-15
24825
#27
Originally posted by pavyracer
Usually these posters try to sneak a link to a book or a service. There should be a way to move these posts quickly so posters don't start replying to them.
Yes, good idea. Not this guy though. He likes the abuse when he starts talking about winning and losing massive piles of money. Stay tuned.
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Thefix13
SBR Wise Guy
05-14-21
664
#28
Don't forget shilling for books
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Orion1178
SBR High Roller
10-05-23
151
#29
Originally posted by dxp
as soon as i linked my bank account with trustly on both draftkings and fanduel, i began receiving my payouts immediately. it takes like 1-2 minutes on average. doesn't matter if it's $50, $700 or $2000. regular ACH with fanduel used to take 24-72 hours because they handle it and it goes in their queue.
I'm doing trustly
I did a withdrawal for 700 and It was cleared in morning after 4 hours but I haven't seen it in my bank account yet
I did another withdrawal for 700 but it's been processing for 2 hours
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Orion1178
SBR High Roller
10-05-23
151
#30
Originally posted by mjsuax13
Fellas- the OP didn’t win anything. He does these posts every few months. Eventually he will meltdown and say he needs to be banned because he has a gambling problem.
We still don’t buy it. Could be anyone. When do you ask to be banned again?
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mjsuax13
Moderator
03-14-15
24825
#34
Originally posted by OldBill
fanduel can take 2 -3 b iz days to send funds to your account however from now on deposit wit h pay pal you get paid in minutes
Like your GOFUNDME Bill?
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DonnieBrasco23
SBR MVP
11-06-23
1136
#35
Originally posted by Easy-Rider 66
you must be a heavy hitter D2bets. 22K is a lot of coin for sure. Good luck moving forward.
Yeah he's definitely a heavy hitter, but he doesn't share a fuckin' thing with the community as far as picks. So it's quite annoying to always hear about it, would love for him to show us something and we could then all make money.