I have never done this before or looked into it to much.
Can anyone help me out with this? Advantages to this, etc?
Thanks,
Austin103
Can anyone help me out with this? Advantages to this, etc?
Thanks,
Austin103
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Bump.Comment -
just like it says. transfer money from one book to another.Comment -
Take money from an account in one book and move it to your account in another book.
Make sure the books are "compatible" first... as in make sure they accept transfers from one another.Comment -
dont do it from bookmaker. Charged me $100
HorribleComment -
some of the charges is sick for transfers from book to bookComment -
If you can use Moneybookers or Neteller there's no need to bother with this and incur the costs and rollover hurdles.Comment -
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Betonline transfers free, and picks up the cost, if any, for incoming transfers. Most books do it free, but only to other certain other books. If you can make use of this option, it saves withdrawal fees, plus puts your money instantly to work instead of waiting for a check to clear a bank.Comment -
plus it avoids deposit problems and inconveniences.Comment -
What is the advantage of this tho?
You will still have money at both books, still have to withdraw it some how.Comment -
I find the need to make deposits and withdrawals reasonably regularly amongst the books I use. One has good and bad runs at various times and they can vary greatly between books, requiring top up deposits and withdrawal of profits to fund them.
If I were an Yank it seems it would involve a lot more time and effort and costs for both depositing and withdrawing. Using Moneybookers there are no fees to do that and deposits are instant and mostly withdrawals are same day but unfortunately for the Yanks they can't use Moneybookers so B2B transfers have obvious attraction particularly if there are no fees and no rollovers to be worried about.Comment -
B2B works well for my top 3 Books: BetJam, 5D and MB. Luckily they work together, masking it easy to fund an account that gets low with another that's doing well.Comment -
wish more books did this, would make life much easierComment -
For me the main advantage is that i don't pay foreign exchange fees.
I have most of my accounts in Euro (thanks to fking situation around the $ that started some years ago), but a few like Matchbook only allow $$$. So when i would transfer from MB to my Euro Neteller account, i'd always pay the exchange fee. With b2b to theGreek f.e. that doesn't happen.Comment -
Before you make the b2b transfer, be sure you know the rollover requirement of the book you transfer to.Comment -
Why do books allow this anyway? Why would they allow to send your money to a competitor and lose your business? I don't get it...Comment -
You have $5,000 at Book A and $1,000 at Book B. You would like to have $3,000 at each. Is it easier to: (a) withdraw $2,000 from Book A. Cash the check. Send your deposit to Book Bl or (b) Just call up Book A and tell them to send it to Book B. Which do you suppose is faster and easier?Comment -
Maybe because they can also receive money from a competitor. It goes both ways.
a) it costs them less than sending checks and dealing with various deposit methods.
b) players appreciate them for offering the convenience.
c) and most importantly, it goes both ways, so players can get money to them easier and faster.
Unless a particular books finds that players only use this to withdraw and not deposit, then why not offer it? Convenience all the way around.Comment -
I read somewhere here that there are some consequences if you decide to transfer money to pinny, like you have lifetime deposit fees or sth like that, can anyone elaborate on that?Comment -
Does BetUs.com allow transfers?Comment -
Is it possible to make b2b transfer, but from my account to another account at the same book?If I like to loan my friend some money.Comment -
Depends on the book, and sometimes on your reputation at the bookComment -
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