BetUS Payout venture

**pimike** · 01-29-09, 01:25 AM

welcome, and keep us updated

**frostno98** · 01-29-09, 01:36 AM

Originally posted by edoggdriveby

2. After about a day, multiple tries at getting a clear fax sent, and many phone calls to customer service, I was finally cleared to request a payout.

Had that same hassle years ago, but never manage to get paid. Ended losing 2k worth of profit in disgust, thanks to their delays. Don't bet anymore, until they'd paid you so you won't be more disappointed if they starting doing that delaying stuff.

My last two books that I got paid from was a breeze. Betpop and Intertops only required me to fax my credit card documents once, and once verified payout was processed with no questions asked. Nobody to call or anything, just had to wait 4 days for the fedex check to arrive.

Since you do parlays, betpop would be a good fit for you since their payout odds are alot higher with par2's at 2.8 and par3's at 6.5 compared to 2.6 and 6.0 at most books.

**bigboydan** · 01-29-09, 02:38 AM

First off, Welcome to the SBR forum

BetUS has had a very troubled pass and hopefully you will have no problems cashing out. However, after hitting such a good size parlay you could run into some troubles at some point (based on their history that is). Please keep us posted on your journey sir.

**edoggdriveby** · 01-29-09, 12:37 PM

Checked this morning and status is "Ready to Pay".
Tried to request a payout for the rest of my bankroll, but denied as it says i have a pending payout still. I've been with other sportsbooks who allow for several separate payouts at once, so this is a negative.

**bigboydan** · 01-29-09, 01:10 PM

I wouldn't have tried to cash out your entire balance while you still have a request pending one from BetUS. Even though you are than within your rights to withdraw your funds at anytime, that's just asking for asking for problems IMO in regards to them looking for ways to try and not pay you at this establishment based on their history.

**homerbush** · 01-29-09, 04:31 PM

Originally posted by edoggdriveby

Hi, just found this site, LOTS of good info. I have been doing sportsbook bets on BetUS for about half a year now, just parlays and finally strung together some decent consecutive parlay wins (thank you oregon state basketball) so now i am requesting a payout. Saw a lot of stuff on here about people waiting forever to get their money or having trouble with BetUS, but most of the time the original author would never give an update of what happened in the end with their payout.

1. Like many, I didn't research BetUS beforehand and was surprised by the $50 payout fee and having to fax over documents and photocopies of driver licenses and cards.

2. After about a day, multiple tries at getting a clear fax sent, and many phone calls to customer service, I was finally cleared to request a payout.

3. Called in and cashed out around $3,000 (full amount at that time) this morning by courier check, told it will take 48-72 hours to be processed, and currently the status is "Waiting Manager Authorization".

4. Later today, i got lucky again and won my pending parlay for around $5G. Tried to cash out $4,000 of that online, but got an error message that i already had a payout pending. Daily cashout limit is $5,000 so I'm deciding to to just wait a few days and try again once my first payout is processed.

That's where i'm at right now, hoping everything goes smoothly as i'm planning on moving to one of the more recommended sportsbooks ASAP. I'll keep update on the progress

Get a swift number from your bank and do a wire transfer. It is a lot faster and I don't know about others but I have never had a problem with this method. Though at $4000 you will probably spend more on a bank wire it is a lot faster. They charge 2.5% and your bank might tack on .1% or a small charge too.

**edoggdriveby** · 01-29-09, 04:44 PM

Funds were taken out of my BetUS account and status is "Paid". Now I guess I wait for the check. From what I read about others experiences, this is going surprisingly smooth.

I was thinking about a wire transfer, but I heard that some banks do not like overseas wire transfers and that ends up delaying the payout for a significantly longer time.

**brooks85** · 01-31-09, 02:07 AM

Ya, from what I've read, I have been having a smooth transaction so far. Requested payout 1/26. Deposited the check early 1/30. Just waiting for it too clear now..

**edoggdriveby** · 02-03-09, 01:40 AM

Check arrived this morning, assuming it will clear. This is actually the fastest I have ever received a check from a sportsbook or poker site. Still, going to put in a bank wire for the rest of my bankroll one the check clears and try one of the more recommended sites.

**edoggdriveby** · 02-06-09, 03:26 PM

Update: Put a bank wire in for the rest of my account, two day later it was cancelled because of missing credit card documentation. Called them up and told them i already cleared it up, took them a couple minutes but they realized i was correct. Tried the bank wire again, a day later it was cancelled because supposedly my banks address was invalid (Got the address for international wire directly from my bank, so i have no clue what is wrong). Instead cashed out the $3,000 maximum for a couriered check. Good news I guess is it only costs $40 now for a check as compared to $50 before. Funds were just taken out of my account this morning and i should get my check early next week. Still have around $1000 left in BetUS, so I guess if no more problems occur with my current payout, i'll just keep making bets until i either lose it all, or hit it big.

All in all, except for a strange and unorganized system of verifying your credit card documentation, BetUS has been a pretty good experience in which i received my payout by check in less than a week. Happy, as i was a little nervous after reading some of the other stories on here.

**The General** · 02-06-09, 05:00 PM

Good to hear, edogg

**trytrytry** · 02-06-09, 05:02 PM

what a great write up..thanks for the details...