Newbie here with a withdraw question

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  • peteach4him
    Restricted User
    • 10-30-07
    • 5

    #1
    Newbie here with a withdraw question
    I am new here. I had questions on getting withdrawals fron books. I have been using bookmaker and have had no problem with money gram usually the next day. The only issue is a $1500 max withdrawal per week and it costs me $105 per withdrawal. Does that seem odd/expensive? I would like to stay away from getting checks as this may send a red flag to the bank/someone else important. anyone else have reservations about withdrawing money?

    Thanks,
    M
  • SBR Lou
    BARRELED IN @ SBR!
    • 08-02-07
    • 37863

    #2
    Originally posted by peteach4him
    I would like to stay away from getting checks as this may send a red flag to the bank/someone else important.
    Just take checks. Nobody is coming after individual bettors, it will not start with you.
    Comment
    • michael777
      SBR MVP
      • 09-20-05
      • 1936

      #3
      yes,just get checks and deposit them in your bank,you should have no problems
      Comment
      • bigboydan
        SBR Aristocracy
        • 08-10-05
        • 55420

        #4
        First off, Welcome to the SBR forum

        I wouldn't think a bank drafts would draw a red flag for you if it's an amount under $10,000.
        Comment
        • Justin7
          SBR Hall of Famer
          • 07-31-06
          • 8577

          #5
          Peteach,

          check out their loyalty program. You can use loyalty points for free withdrawals. $105 seems high though - what method is that for? Are there cheaper methods? And have you tried book to book transfers?

          you might look at other withdrawal methods - some might have a higher limit. I'm pretty sure book to book are unlimited volume.
          Comment
          • Sclass600
            SBR High Roller
            • 09-08-07
            • 117

            #6
            I agree just use bank drafts
            Comment
            • peteach4him
              Restricted User
              • 10-30-07
              • 5

              #7
              Thanks for all the feedback. The $105 fee is for money gram...$1500 a week max.
              Comment
              • MJFtheGenius
                SBR Hall of Famer
                • 05-31-07
                • 7257

                #8
                Yea moneygrams are expenisive shit at bookmaker, but if you use the loyalty points you can get a free payout with a check.
                Comment
                • peteach4him
                  Restricted User
                  • 10-30-07
                  • 5

                  #9
                  A few more questions. Stupid as it may be but never won this much. Does anyone claim there winnings/withdrawals on their taxes?
                  Comment
                  • peteach4him
                    Restricted User
                    • 10-30-07
                    • 5

                    #10
                    Hey crazyl or anyone,

                    You said noone is coming after individual bettors, what if one is audited with alot of large deposits into their checking account compared to regular income?

                    Thanks
                    Comment
                    • 4FUN.AND$$
                      SBR Sharp
                      • 12-23-06
                      • 296

                      #11
                      go with your gut and your comfort level. If you did not win the money from Vegas or other legitimate organization than it doesn't exist. If someone did not hand you a tax document with the money it doesn't exist.
                      Comment
                      • peteach4him
                        Restricted User
                        • 10-30-07
                        • 5

                        #12
                        thanks 4 fun! i guess i will have to toss it around.
                        Comment
                        • TheBigbull300
                          SBR Rookie
                          • 10-29-07
                          • 38

                          #13
                          Well since you guys are asking questions I have a few. I want to get my money back fast after i deposit if I am lucky enough to win. Bet Jamicia offer 20% bonus with just 4x rollover this seems to be the best i have found. I will be making deposit western union or money gram can i still get withdrawl fro check?
                          Comment
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