Question re: The Greek

David · 03-19-07, 09:15 PM

From what I understand, The Greek is about the only book that had no problems paying US players after the Neteller pullout.

tblues2005 · 03-19-07, 10:30 PM

I have heard of no problems with the greek at all, it only costs $35 with an unlimited amount to be done by FedEx or DHL. I have been with them a long time now and I have never had a problem with a withdrawal. They advise you to do FedEx for amounts over $500 and you can use ** or Moneygram for amounts less than that for a cheaper price than the $35 is and you don't have any red flags with amounts of $500 or less also.

GoBlue · 03-19-07, 10:56 PM

Red Flags??

When you say red flags I assume you mean IRS???? I have taken out large sums $2500 mulituple tines with many sportsbooks - I never thought that was that big of a deal. I always thought keeping the sum under 10k was the key? Thoughts????

increasedodds · 03-19-07, 10:56 PM

A++++

They will send you a wire - tell you 3-5 days. It will be there in 24-36 hours.

They will fedex a check and have it in your hand in under 3 days.

They will update your account to a non US neteller account.

The only book to not experience a minute delay.

I trust olympic like I trust Citibank.

-Sean

Justin7 · 03-19-07, 11:58 PM

I don't have any complaints about the Greek. They will limit the amount per transfer though - always less than 10k, and (if memory server me correctly) under 5k for checks. I think the motive of this is to avoid DOJ scrutiny.

bigboydan · 03-19-07, 11:59 PM

Originally posted by GoBlue

When you say red flags I assume you mean IRS???? I have taken out large sums $2500 mulituple tines with many sportsbooks - I never thought that was that big of a deal. I always thought keeping the sum under 10k was the key? Thoughts????

In regards to the "red flag" factors. If you use Moneygrams or Western Union just don't abuse using those services too much over a month span, and keep your deposits and withdraws under $2k at a time. That should keep you under the radar.

As far as your check amounts go. If you keep those under $10k at a time the banks do not have to report anything to the government.

Justin7 · 03-20-07, 12:02 AM

Originally posted by bigboydan

As far as your check amounts go. If you keep those under $10k at a time the banks do not have to report anything to the government.

Bigboy - do banks report checks of more than 10k? I don't think so... the 10k cutoff is only for cash (CTR = cash transfer report). If you know something more, please share.

bigboydan · 03-20-07, 12:05 AM

Justin, I'm just posting what a banker told me a few years back in regards to this subject.

BuddyBear · 03-20-07, 12:19 AM

Greek/Betjm are very solid.....

jjgold · 03-20-07, 06:09 AM

Greek=A

One of best in business

If you win $75,000 ..the owner punches his chest and pays you liker it is pennies to him. I like that type of guy.

tblues2005 · 03-20-07, 05:10 PM

I do too jjgold, that is why that I have been very pleased with them. If there is any mistakes with them just call customer service and they will straighten it out with you, I had a horse wager I won on and they made a mistake on it and they corrected it right way when I called them up and they even gave me a little extra because it delayed me from having other winners in the process. I don't think many books would have done this and I certainly thanked them very much for their help on that matter.

I have had several payouts from them too that wasn't a problem either by Moneygram and **. I give them an A on everything except their software on betting horses, it could be better on tri's and exacta's but that is very minor so I give them a B on their software.