Person to person payout??

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  • QuangX
    SBR MVP
    • 02-03-11
    • 2756

    #1
    Person to person payout??
    I was curious, how does this work as a payout option?

    What are usually the fee?

    I am asking for the betting site BetOnline.com

    ALso is there a way to void the $50 check fee...Kind of expensive?
  • TheCentaur
    SBR Hall of Famer
    • 06-28-11
    • 8108

    #2
    Betonline is one of the worst as far as fees when you try to withdraw. Book to book transfers fees are crazy and $50 per check is incredibly the cheapest option. I don't know how you could avoid it.
    Comment
    • gamble
      SBR MVP
      • 06-30-10
      • 1087

      #3
      i'm pretty sure you can get a free check from there every month, might have to be on friday or something like that though
      Comment
      • GamblingMike
        SBR MVP
        • 05-05-07
        • 2565

        #4
        They offer one free payout via check, minimum payout of $500 and a max payout payout of $2500.
        Comment
        • TheCentaur
          SBR Hall of Famer
          • 06-28-11
          • 8108

          #5
          Originally posted by gamble
          i'm pretty sure you can get a free check from there every month, might have to be on friday or something like that though
          I must have missed that, I'll look again. Wouldn't know because I've had all my money tied up in a rollover requirement forever
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          • QuangX
            SBR MVP
            • 02-03-11
            • 2756

            #6
            Originally posted by GamblingMike
            They offer one free payout via check, minimum payout of $500 and a max payout payout of $2500.

            Where does it say that? Or do you have to special request it? Because on their site, it is a minimum $500 withdrawal already, and it says under it, it would cost $50.
            Comment
            • GamblingMike
              SBR MVP
              • 05-05-07
              • 2565

              #7
              Originally posted by QuangX
              Where does it say that? Or do you have to special request it? Because on their site, it is a minimum $500 withdrawal already, and it says under it, it would cost $50.
              Only difference is they changed it from anytime to only on Fridays.:

              Payout Rules

              Payouts may be requested at any time via email to Payout@BetOnline.com from the email address you registered, and verified, at BetOnline.com. Payout request emails should include your (a) Username, (b) Preferred Withdrawal Method, and (c) The Amount you are requesting withdrawn.
              Additional payouts in the 30 day period or payouts other than by check will have payout transfer fees deducted (see below). Payouts will only be sent to the address registered in the account. No third party payouts are permitted. Please note that the required minimum/maximums for each option are subject to change without notice.
              1. Please allow 24 hours for your payout request email to be reviewed;
              2. Players are entitled to one free payout every thirty (30) days, via check, on Friday; if you would like to take advantage of the free check payout please specify this when making your payout request.
              3. Payouts request emails are processed Monday through Friday, between 9:00 a.m. ET to 1:00 p.m. ET, excluding holidays.

              Important note: Identity verification and other documentation are often required of players. Payout request emails are not considered valid and are not reviewed until all requested documentation has been submitted, and received by BetOnline.com.
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