1. #1
    Majman
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    Bookmaker high withdrawal fees

    Just withdrew a small 4 figure amount and their ptp fee is now $150! Are people really paying these wild fees?

    Is this really one of the 4 SBR A+ books? They charge max juice, no rakeback on poker and really have no other benefits! I know things have gotten bad but this is truly ridiculous.

  2. #2
    ferndog
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    Don't they have a rewards program that allows for a free withdrawal?

  3. #3
    BigDaddy
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    you used to be able to get 2500 for $150

    is that what you got or did they change the fees?

    my suggestion is to take a check

    it only takes 5-7 days most of the time.

  4. #4
    Majman
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    Quote Originally Posted by BigDaddy View Post
    you used to be able to get 2500 for $150

    is that what you got or did they change the fees?

    my suggestion is to take a check

    it only takes 5-7 days most of the time.
    Yes, that is exactly the deal that I got. What is the going rate from a big book for the same transaction? Can't be $150.

    I prefer to stay away from the checks.

  5. #5
    BigDaddy
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    Quote Originally Posted by Majman View Post
    Yes, that is exactly the deal that I got. What is the going rate from a big book for the same transaction? Can't be $150.

    I prefer to stay away from the checks.
    all books are different

    i just have the chart for BM

    i prefer to stay away from paying high fees

  6. #6
    5mike5
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    2,500 is 110 at 5Dimes via p2p....around 25% cheapier than bookmaker for that amount...but p2p is cash in hand in 24 hrs there, no clue about how bookmaker does their payouts
    Last edited by 5mike5; 02-07-12 at 03:22 PM.

  7. #7
    betplom
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    I would love to know the justification behind the high withdrawal fees from CRIS/Bookmaker.

    Moneybookers is my preferred cashout method, CRIS charges for Moneybookers withdrawals:

    $0-500=$15 fee
    $501-2500=$30 fee
    $2,501-5000=$60 fee
    $5,001-8000=$100 fee

    Now a $15 fee isn't too bad but the higher fees are unreasonable, plus they state that withdrawals may take up to 7 days to process.

    For the fees they gouge you with the withdrawal should at least be prompt.

    Pinnacle pays within 5 minutes via Moneybookers and first withdrawal per month is free, then $15 each.

    Carib, free - processed in minutes.

    Legends, free - processed same day.

    Matchbook, free - processed same day.

  8. #8
    Monte
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    150 fee for 2500 adds how much juice? probably at least 3c more to every line in the long run, if we'd do a honest review on how low chances of making money at BM really are...i think people would run away. Lucky for them, most ppl seem to think that paying for their "service" is okay.

  9. #9
    Majman
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    I'm done with them. Their fees are too much. Where else is there to turn? Ridiculous.

  10. #10
    skinnydan
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    The check is the cheapest option, as the fee is flat. $65 for $100 up to 3k. Not bad at all

  11. #11
    tgoodm1
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    The DC is actually the cheapest method with a max withdraw of $2500. Get creative.
    Last edited by tgoodm1; 02-08-12 at 11:40 AM.

  12. #12
    RonPaul2008
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    Somebody please take the above post down/please delete it tgoodm1!
    SBR and the books frown on posting that kind of information.
    Last edited by RonPaul2008; 02-08-12 at 10:54 AM.

  13. #13
    tgoodm1
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    Quote Originally Posted by RonPaul2008 View Post
    Somebody please take the above post down/please delete it tgoodm1! SBR and the books frown on posting that kind of information.
    I edited it. Is that better?

  14. #14
    RonPaul2008
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    Quote Originally Posted by tgoodm1 View Post
    I edited it. Is that better?
    Not really...you should not mention the method at all.

  15. #15
    BigDaddy
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    thank you for editing that

    i wish sbr would block those words like they do some others

  16. #16
    relaaxx
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    Quote Originally Posted by skinnydan View Post
    The check is the cheapest option, as the fee is flat. $65 for $100 up to 3k. Not bad at all
    the fees are the worse thing about bookmaker. this is the cheapest option, and it is still way too much. the other options are totally ridiculous in fees. try transferring funds. last time i did that it cost me $200 to send $2000. closed my account after that. now i am back. looks like it was a mistake. it's getting worse. time to close the account for good this time.

  17. #17
    tgoodm1
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    Quote Originally Posted by relaaxx View Post
    the other options are totally ridiculous in fees. try transferring funds. last time i did that it cost me $200 to send $2000.
    Are you referring to book-to-book transfers?

  18. #18
    relaaxx
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    Quote Originally Posted by tgoodm1 View Post
    Are you referring to book-to-book transfers?
    yes

  19. #19
    tgoodm1
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    Quote Originally Posted by relaaxx View Post
    yes
    Wow! I was not aware. I've done transfers into BM, but never out. That is good to know.

    So not only do they tax you coming in with the BTB transfer with a 3x rollover, but they tax you going out.

    These guys know how squeeze a quarter out of a dime.

  20. #20
    Monte
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    Too many silly people who won't stop using them, the past glory is very long gone.
    Would be best for everyone if they would just disappear, and make space for better books.

  21. #21
    Coming Back!
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    Quote Originally Posted by Monte View Post
    Too many silly people who won't stop using them, the past glory is very long gone.
    Would be best for everyone if they would just disappear, and make space for better books.
    Such as?

  22. #22
    PAI
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    Bookmaker pays, period. I don't gamble by a set of industry standard rules. I don't pay too much attention to the difference in juice at different books, or the difference in a line (spread). If I like a spread at -4.5, I would like that side at -5 or -5.5 also. Whether its -110 or -120 doesn't make a difference to me. Like I said I am not orthodox in my gambling. I just know when I deposit $300 to $500 in a book and take out a few thousand two to three weeks later (sometimes), I consider myself ahead no matter the fees. I don't do the 2% bankroll money management thing either. Anyhow, the only thing that matters is that the book is stable and can pay out. That's just me.

  23. #23
    tgoodm1
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    Quote Originally Posted by PAI View Post
    Bookmaker pays, period. I don't gamble by a set of industry standard rules. I don't pay too much attention to the difference in juice at different books, or the difference in a line (spread). If I like a spread at -4.5, I would like that side at -5 or -5.5 also. Whether its -110 or -120 doesn't make a difference to me. Like I said I am not orthodox in my gambling. I just know when I deposit $300 to $500 in a book and take out a few thousand two to three weeks later (sometimes), I consider myself ahead no matter the fees. I don't do the 2% bankroll money management thing either. Anyhow, the only thing that matters is that the book is stable and can pay out. That's just me.
    Good points...

    I would narrow it down to..."You get what you pay for.".

    Ritz Carlton service doesn't come cheap, but you know what to expect...top of the line service.

    I'd rather pay more to get great service and not be disappointed.

  24. #24
    baskets
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    insane

  25. #25
    goduke
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    just use your loyalty points, i take cash outs for free using those. if you bet enough you wont have to worry about these fees

  26. #26
    BigDaddy
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    Quote Originally Posted by goduke View Post
    just use your loyalty points, i take cash outs for free using those. if you bet enough you wont have to worry about these fees

    it still cost you money as you could have used the points for something of value.

  27. #27
    Microphone
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    Quote Originally Posted by BigDaddy View Post
    it still cost you money as you could have used the points for something of value.


    Huh? You mean at 5 Dimes, Bet Islands, Heritage, Pinnacle etc. you can get GC's for Amazon, EBay etc? Oh wait.......

  28. #28
    Coming Back!
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    I'm a huge BM supporter &I diamond customer. However, I must admit the fees are getting to me. After losing most the year, I had a nice run. $600 for a **. Then a week ltr, I requested another payout. $600 again. That's $1200 bucks!!!! I don't think it's their fault though. It's not easy finding a 3rd party processor that is willing, honest, & reliable. With that being said, BM always pays!!! The industry is very tough right now. Hence thegreek bailing on the US

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