Funding sportsbooks

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  • dudley
    SBR Hustler
    • 03-09-08
    • 62

    #1
    Funding sportsbooks
    What is the most efficient way for a U.S. player to fund a book? I would like to deposit between 3-5k at a time.

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

    #2
    bank wire only SON for that amount
    Comment
    • Red_Sux
      SBR MVP
      • 06-25-07
      • 1262

      #3
      2500 by moneygram 2500 by **...you can move 5k a day
      Comment
      • dudley
        SBR Hustler
        • 03-09-08
        • 62

        #4
        How about fedexing a money order?
        Comment
        • dudley
          SBR Hustler
          • 03-09-08
          • 62

          #5
          I am looking at betjamaica and the greek at this point.
          Comment
          • bigboydan
            SBR Aristocracy
            • 08-10-05
            • 55420

            #6
            First off, Welcome to the SBR forum sir

            Not many books offer international money orders deposits for some reason, however they do accept cashiers checks via Fedex.

            Now if your planing on using TheGreek via a cashiers check, their is a 2-3 week wait to clear the bank before you can wager with the funds. However if you deposit at Betjamaica they credit your account instantly on arrival, but you can't withdraw until it clears.
            Comment
            • dudley
              SBR Hustler
              • 03-09-08
              • 62

              #7
              Thanks for the info!

              Are you saying that Betjamaica will not accept a money order via fedex?

              Thanks
              Comment
              • bigboydan
                SBR Aristocracy
                • 08-10-05
                • 55420

                #8
                Originally posted by dudley
                Thanks for the info!

                Are you saying that Betjamaica will not accept a money order via fedex?

                Thanks
                Betjamaica accepts Money Orders, but TheGreek doesn't sir.

                I was just referring in general that a lot of books won't accept money orders for some reason or another, but I don't know the reason why that is though.
                Comment
                • dudley
                  SBR Hustler
                  • 03-09-08
                  • 62

                  #9
                  Must you use an international money order? If so, do you know where to purchase them. Can you purchase them through western union stores?

                  Might you suggest a better way of depositing money?

                  Thanks
                  Comment
                  • bigboydan
                    SBR Aristocracy
                    • 08-10-05
                    • 55420

                    #10
                    I would assume international money orders would be the best route to go in order to avoid any problems. You can buy those at any U.S. post office.
                    Comment
                    • dudley
                      SBR Hustler
                      • 03-09-08
                      • 62

                      #11
                      I just emailed betjam and they said they will not accept usps money orders and that the money orders must be accepted internationally.
                      Comment
                      • Doug
                        SBR Hall of Famer
                        • 08-10-05
                        • 6324

                        #12
                        Originally posted by bigboydan
                        I would assume international money orders would be the best route to go in order to avoid any problems. You can buy those at any U.S. post office.
                        When I started ( Bowmans) I mailed MO's. They didn't want Postal, but Walmart was OK.
                        Comment
                        • INVEGA MAN
                          SBR Hall of Famer
                          • 01-30-08
                          • 6802

                          #13
                          ** is the way to go.
                          Comment
                          • gambleballs
                            SBR Sharp
                            • 10-15-07
                            • 466

                            #14
                            Why do a money order over a Cashiers check? Take your cash to a bank, get your check, ship it via fedex. Greek said 14 days it was more like 7. Shipping charged were credited automatically also.
                            Comment
                            • dudley
                              SBR Hustler
                              • 03-09-08
                              • 62

                              #15
                              You have actually used this method with them?
                              Comment
                              • HedgeHog
                                SBR Posting Legend
                                • 09-11-07
                                • 10128

                                #16
                                If you have accounts at other major books, ask about transfers. Many of the larger Books allow transfers to one another.
                                Comment
                                • dudley
                                  SBR Hustler
                                  • 03-09-08
                                  • 62

                                  #17
                                  I don't...I used to play with pinnacle.
                                  Comment
                                  • gambleballs
                                    SBR Sharp
                                    • 10-15-07
                                    • 466

                                    #18
                                    Originally posted by dudley
                                    You have actually used this method with them?
                                    Yes, Its an easy way to fund if you plan in advance a bit.
                                    Comment
                                    • dudley
                                      SBR Hustler
                                      • 03-09-08
                                      • 62

                                      #19
                                      Is a U.S. banks cashier's check ok? I thought it had to be international funds such a international money order.
                                      Comment
                                      • gambleballs
                                        SBR Sharp
                                        • 10-15-07
                                        • 466

                                        #20
                                        Yes, I used a US cashiers check. Walk into your closest bank. Plop the cash on the table. Pay the $5 fee or whatever and walk out with your check.
                                        Comment
                                        • dudley
                                          SBR Hustler
                                          • 03-09-08
                                          • 62

                                          #21
                                          The problem with using a cashiers check is that you need to tell the bank who the check is being sent to and Betjamaica wants you to make it out to "The Player's Paradise" in Jamaica. I think they may have a question or two about that.
                                          Comment
                                          • gambleballs
                                            SBR Sharp
                                            • 10-15-07
                                            • 466

                                            #22
                                            Since when is it the Bank's business who I'm sending my money too. Make something up. Tell them its none of their business. Mine were written out to "The Greek" and no questions were asked. If they gave me any lip I would just walk next door to a different bank.
                                            Comment
                                            • Mushroom01
                                              SBR Rookie
                                              • 03-09-08
                                              • 3

                                              #23
                                              I used Western Union

                                              Hello,
                                              I used Western Union to fund my The Greek account about 3months ago. I sent $500.00 and the Greek reimbursed for the fees which were around $25.00. (min. $300 for reimbusment)
                                              The biggest problem was understanding the gal on phone who had a heavy accent.
                                              I did the same thing for my BetOnline account.
                                              I did both transfers online. The only problem I had was my bank put a hold on my debit card both times, until I contacted them. The transfers went through even with the hold. Next time I'll call my bank first to tell I'm sending a Western Union or go to a store that does Western Union. Most of the major supermarkets do it.
                                              Tomorrow I'm going to fund my new Matchbook account using Money Gram which is supposed to be similar to Western Union.
                                              Comment
                                              • Scorpion
                                                SBR Hall of Famer
                                                • 09-04-05
                                                • 7797

                                                #24
                                                ....
                                                Comment
                                                • DukeJohn
                                                  SBR MVP
                                                  • 12-29-07
                                                  • 1779

                                                  #25
                                                  Originally posted by gambleballs
                                                  Since when is it the Bank's business who I'm sending my money too. Make something up. Tell them its none of their business. Mine were written out to "The Greek" and no questions were asked. If they gave me any lip I would just walk next door to a different bank.
                                                  I too did the same thing once. I was a little nervous telling the teller to make it out to the greek, but all went well. I must say, I have never used this method again. I switched to ** or **. Either method is quick and easy, plus, money is credited the same day. As Red_Sux said, you can move 5K a day. Although, I prefer ** over **, so when I had to deposit 5K a couple of month ago, I just used ** and split the amount into 3 different days.
                                                  Comment
                                                  • WileOut
                                                    SBR MVP
                                                    • 02-04-07
                                                    • 3844

                                                    #26
                                                    Can't you get international money orders at any gas station in America?

                                                    gambleballs, since the UIGEA passed a lot of people think the banks are going to crack down on transactions to and from gaming sites.

                                                    However according to a lot of internet sources, in the recent iMEGA decision the judge ordered that banks and other financial institutions are exempt from criminal sanctions under UIGEA. Even before this verdict the banks were already complaining about the UIGEA.
                                                    Comment
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