Sportsbook-Sportsbook Transfers

[jjs100]

I have noticed that some sites, like Skybook, offer transfers to other sportsbooks as a cashout option. Skybook charges $15/$2500 to cashout to neteller, but appear to not charge anything for transfers to other books.

Does anyone have any experience using this option? Is there some kind of hidden catch I should be aware of? What I mean is, will they make me withdraw my initial deposit the way I deposited and then allow me to transfer winnings to other books, or will I be able to withdraw everything to another book, including my deposit? Any experiences with this book or others would be appreciated.

[Doug]

Good thought to avoid Skybook fee, not sure if it works, though ! Never transfer to Pinnacle though, they will then charge you to deposit.

[jjs100]

Wow thanks for the info on Pinny - that was actually my plan. Thanks for the heads up there!

[SquareShooter]

What I have heard is that minimums are very high for these transactions, particulary min is USD 2000+

[pags11]

be sure to check the minimum balance requirement with the skybook transfer...

[jjs100]

well I expect the balance upon completion of WR to be ~$20-25k. Skybook, as far as I know, does not allow you to withdraw ANYTHING until wagering requirements have been completed. So, ideally, I would finish the WR, cashout out most of my balance to Pinnacle (unless they charge for a deposit), CRIS, Cascade, etc.

I guess the reason I asked is I remember reading (on this site, i think) about someone who was hassled by skybook after clearing a bonus and winning a substantial amount.

Here's the link: http://forum.sbrforum.com/showthread...hlight=skybook

I guess the best info I can gather from Bill's comments in this thread is that since I deposited with Neteller, I will have to withdraw my deposit back through neteller but the rest could go through B2B.

I guess my last question is kind of a technicality, but somebody might have experience with this. Say I have $20K in the account, and deposited $5k. If I wanted to leave $5k in the account, could I cash out $15k B2B (winnings) and if I eventually wanted to cashout the last $5k, withdrawl through neteller? Or do i have to do a $5k withdrawal to neteller before I can exercise any other options...


Sorry if this doesn't make much sense, but I was hoping to clarify this and support hasn't really made things any more clear to me...

[pags11]

skybook also leaves up to their discretion as to whether or not they will make these type of transfers for you...translation: if you win from them they will probably decline your request...

[RickySteve]

They won't let you transfer anything out unless it was won with money transferred in.