Why there is no instant withdrawal method?

HeeeHAWWWW · 04-09-09, 11:56 PM

Moneybookers and neteller do that. Except in heavily freedom-restricted states like Turkey and the US, of course.

johnny66 · 04-10-09, 12:02 AM

Originally posted by HeeeHAWWWW

Moneybookers and neteller do that. Except in heavily freedom-restricted states like Turkey and the US, of course.

Yes Moneybookers can instant withdrawal from sportsbook
But it is useless as you still need 2-3 days to receive the "THE REAL MONEY "in your hands after requesting from MONEYBOOKERS ...

Bill Dozer · 04-10-09, 12:43 AM

Originally posted by johnny66

Nowdays , there is alot of sportsbook offer instant deposit.
But there is not even one sportsbook that offer instant withdrawal method.

The reason behind these double standard is ...

The sportsbook is 99% confident that by imposing 2-5 days delay in you receiving the money , it will make you to definetely locked in a losing situation between the days ..and once you received your money , you will 99% deposit it back to the sportsbook to bet again..

Why sportsbook very scared of instant withdrawal ?

If instant withdrawal were offered ..
Then many punters can ended up clearing their debts and stop gambling or even reduce their volume of betting.

For example .

One could bet on Roger Federer to win vs unseeded player
Odds should be about 1.10 ...
You bet 1000 to win 100
Once game finish , you withdraw 100 and money hit the bank instantly , You should pay bills or your debts or buy things for your house.This is what sportsbook really scared of ...

They dont want their money to go anywhere else ...

It has to do with user vs merchant. If you use a credit card the sale is instant. Unless you have a credit card/debit card they can fund (which some have used) there is no way to put the money back on your card in real time. Even when you do a checking transfer to the book, they are essentially fronting you the money until they get it in hand days later.

BouncedCheck · 04-10-09, 02:19 AM

I wonder if I move to Iraq or Afghanistan if the government restrictions on gambling would be more lenient than in the Divided States of America.

Casi · 04-10-09, 05:13 AM

The reason is simple, a book has to check withdrawals.
Instant cashouts will never happen anywhere, and that´s good.

Santo · 04-10-09, 05:39 AM

There are some european books where established accounts will get Moneybookers payouts in seconds.

HeeeHAWWWW · 04-10-09, 08:04 AM

Originally posted by johnny66

Yes Moneybookers can instant withdrawal from sportsbook
But it is useless as you still need 2-3 days to receive the "THE REAL MONEY "in your hands after requesting from MONEYBOOKERS ...

Not everywhere - eg UK has fast bank withdrawals now for most accounts, you get the transfer instantly as soon as it's sent. Some UK books use it too, so you can get money in your account in a few hours.

Casi · 04-10-09, 09:11 AM

Too bad most UK and europe books are utter crap...

HeeeHAWWWW · 04-10-09, 09:40 AM

This is true :-)

A few of the big international books like Pinnacle have London bank accounts though.

Santo · 04-10-09, 10:07 AM

Originally posted by Casi

Too bad most UK and europe books are utter crap...

UK customers tend to last longer at them then non-UK customers; I'm still able to play at several, with various phone/bet type understandings.

Fizzz · 04-11-09, 12:07 AM

Originally posted by Casi

The reason is simple, a book has to check withdrawals.
Instant cashouts will never happen anywhere, and that´s good.

Correct... and the main reason for that is fraud...

TensaZangetsu · 04-11-09, 12:20 AM

Originally posted by Casi

The reason is simple, a book has to check withdrawals.
Instant cashouts will never happen anywhere, and that´s good.

I completely agree with you bro,
I think that these bookies are really careful about this kind of stuff..
I really think the WD via MB and Neteller is one of the safest and fastest way at the moment..