Bookmaker limits on withdrawals

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  • quone17
    SBR Rookie
    • 03-04-14
    • 24

    #1
    Bookmaker limits on withdrawals
    As I posted elsewhere, without notice Bookmaker lowered bitcoin withdrawal limits to 3k per week. It used to be 50k!

    How can I get my money off there? No wires allowed either. I assumed the bigger A+ books would be safe, I mean WTF?
  • yahoonino
    SBR MVP
    • 08-10-07
    • 2651

    #2
    wow
    Comment
    • quone17
      SBR Rookie
      • 03-04-14
      • 24

      #3
      This was done on 3/17 apparently and I just saw it today when tried to withdraw larger sum.
      Comment
      • Optional
        Administrator
        • 06-10-10
        • 61508

        #4
        Originally posted by quone17
        As I posted elsewhere, without notice Bookmaker lowered bitcoin withdrawal limits to 3k per week. It used to be 50k!

        How can I get my money off there? No wires allowed either. I assumed the bigger A+ books would be safe, I mean WTF?
        You don't really need to worry as much as you appear to be IMHO.

        They are just throttling the flow as everyone wants to be paid at once.

        SBR Forum spoke to them in last few hours and was assured zero problem covering entire customer base for withdrawals even if 100% was requested.
        .
        Comment
        • quone17
          SBR Rookie
          • 03-04-14
          • 24

          #5
          Originally posted by Optional
          You don't really need to worry as much as you appear to be IMHO.

          They are just throttling the flow as everyone wants to be paid at once.

          SBR Forum spoke to them in last few hours and was assured zero problem covering entire customer base for withdrawals even if 100% was requested.
          Ok. But there is no way to get my money out and no idea when they will change that. That is concerning to me. It's not like they are limiting deposits, right?
          Comment
          • MLBfan88
            SBR Hustler
            • 07-12-19
            • 57

            #6
            I'm annnoyed by it too. Not the fact that they didn't warn first, because a warning would lead to even more withdrawals at the same time.
            But I'm a bit annoyed that even today they still have not even updated the max amount in their cashier.
            They just let every customer find it out the hard way, by trying higher amounts and getting error messages and only finding out about the limits after having a livechat. But that costs both the customers and the CS a lot of extra efforts.

            Could you, SBR, at least ask them to update the amounts in their cashier?
            Comment
            • Optional
              Administrator
              • 06-10-10
              • 61508

              #7
              Originally posted by quone17

              Ok. But there is no way to get my money out and no idea when they will change that. That is concerning to me. It's not like they are limiting deposits, right?
              I have not been told if anyone has tried a big deposit to know.

              But if you choose to deposit, whatever amount you choose, would you want them to refuse to take that off you?


              You can get $15,000 out per week right now. Maybe that will increase when the peak is satisfied. Hopefully it never gets lower. But pretty sure they are good business managers and won't leave you unpaid.
              .
              Comment
              • MLBfan88
                SBR Hustler
                • 07-12-19
                • 57

                #8
                Originally posted by Optional
                I have not been told if anyone has tried a big deposit to know.

                But if you choose to deposit, whatever amount you choose, would you want them to refuse to take that off you?


                You can get $15,000 out per week right now. Maybe that will increase when the peak is satisfied. Hopefully it never gets lower. But pretty sure they are good business managers and won't leave you unpaid.
                15K out per week right now? 3K I was told. Can you verify that 15K? I would really love that.
                Comment
                • Optional
                  Administrator
                  • 06-10-10
                  • 61508

                  #9
                  Originally posted by MLBfan88
                  I'm annnoyed by it too. Not the fact that they didn't warn first, because a warning would lead to even more withdrawals at the same time.
                  But I'm a bit annoyed that even today they still have not even updated the max amount in their cashier.
                  They just let every customer find it out the hard way, by trying higher amounts and getting error messages and only finding out about the limits after having a livechat. But that costs both the customers and the CS a lot of extra efforts.

                  Could you, SBR, at least ask them to update the amounts in their cashier?
                  Will ping SBR Forum to mention it next time they speak with them.
                  .
                  Comment
                  • Optional
                    Administrator
                    • 06-10-10
                    • 61508

                    #10
                    Originally posted by MLBfan88
                    15K out per week right now? 3K I was told. Can you verify that 15K? I would really love that.
                    Can't you order a new payout every day? 5 days per week.

                    You have been able to in past.
                    .
                    Comment
                    • MLBfan88
                      SBR Hustler
                      • 07-12-19
                      • 57

                      #11
                      Originally posted by Optional
                      Can't you order a new payout every day? 5 days per week.

                      You have been able to in past.
                      Nope, you cannot. I have withdrawn 3K on Tuesday. Tried the same amount on Wed, Thurs and Friday and all failed.
                      It's really 3K per week max
                      Comment
                      • Optional
                        Administrator
                        • 06-10-10
                        • 61508

                        #12
                        Originally posted by MLBfan88

                        Nope, you cannot. I have withdrawn 3K on Tuesday. Tried the same amount on Wed, Thurs and Friday and all failed.
                        It's really 3K per week max
                        Ah, well that does suck. I guess you tried to ask for less as well to test it?
                        .
                        Comment
                        • MLBfan88
                          SBR Hustler
                          • 07-12-19
                          • 57

                          #13
                          Originally posted by Optional
                          Ah, well that does suck. I guess you tried to ask for less as well to test it?
                          Yes even 300 USD did not work the 2nd day.
                          Comment
                          • quone17
                            SBR Rookie
                            • 03-04-14
                            • 24

                            #14
                            It is 3k per week max. Your explanation about throttling does not make sense. If they had it, they should be willing to pay it. And, of course they are going to tell you they can cover all monies, what else would they say? I have way more than 5 figures in there and as far as I can see it is 3k a week. Honestly bookmaker has been great. But is 3k withdrawal limit (which suddenly went into effect) A+ book material? Thanks for whatever you can do on this.
                            Comment
                            • Optional
                              Administrator
                              • 06-10-10
                              • 61508

                              #15
                              Originally posted by MLBfan88

                              Yes even 300 USD did not work the 2nd day.
                              Thanks

                              Originally posted by quone17
                              It is 3k per week max. Your explanation about throttling does not make sense. If they had it, they should be willing to pay it. And, of course they are going to tell you they can cover all monies, what else would they say? I have way more than 5 figures in there and as far as I can see it is 3k a week. Honestly bookmaker has been great. But is 3k withdrawal limit (which suddenly went into effect) A+ book material? Thanks for whatever you can do on this.
                              It's easy for me to say to not worry, it's not my money, so I am sympathetic to how you feel. But what are you asking of me here? You would like to see me ask for their rating to be lowered?

                              I'm pretty sure SBR would not do that in times like this without a really good reason, as it could make a big difference to the rush of withdraw requests and cause more damage whilst not actually helping anyone.


                              CRIS/Bookmaker are huge. They really would not have enough money in liquid cash on hand to pay everyone whether they were a well run business or some dodgy shop who spent all the profits. Chances are, with all the different currencies they accept they would use forex futures to balance risk, and cash bonds to earn safe interest on cashflow not usually needed .

                              I might get a rude shock and be wrong, but I really do think they are well managed and probably have assets to cover several times their player withdraw liability.
                              .
                              Comment
                              • quone17
                                SBR Rookie
                                • 03-04-14
                                • 24

                                #16
                                Thank you for the thoughtful response. I mean, is there any way you could ask Bookmaker, how much is the most someone can withdraw in a week, and how does one do that? Secondly, is there any estimate as to when Bitcoin withdrawal limits will be increased? I mean I used to be able to do 10k a day (when on a good streak) and now it is 3k a week. That is an absurdly big drop with no notice.
                                Comment
                                • pimike
                                  BARRELED IN @ SBR!
                                  • 03-23-08
                                  • 37139

                                  #17
                                  Originally posted by quone17
                                  Thank you for the thoughtful response. I mean, is there any way you could ask Bookmaker, how much is the most someone can withdraw in a week, and how does one do that? Secondly, is there any estimate as to when Bitcoin withdrawal limits will be increased? I mean I used to be able to do 10k a day (when on a good streak) and now it is 3k a week. That is an absurdly big drop with no notice.
                                  Try to understand the times we are in.
                                  Comment
                                  • quone17
                                    SBR Rookie
                                    • 03-04-14
                                    • 24

                                    #18
                                    Originally posted by pimike
                                    Try to understand the times we are in.
                                    Ok. The follow up is, have all other books done something like this? Or another A+ book?
                                    Comment
                                    • pimike
                                      BARRELED IN @ SBR!
                                      • 03-23-08
                                      • 37139

                                      #19
                                      Originally posted by quone17
                                      Ok. The follow up is, have all other books done something like this? Or another A+ book?
                                      I believe yes. They are paying that’s the important part. Just collect weekly.
                                      If that changes come back and let us know.

                                      You will get paid... just be patient due to nobody’s fault

                                      Other than China’s Fault that is.
                                      Comment
                                      • quone17
                                        SBR Rookie
                                        • 03-04-14
                                        • 24

                                        #20
                                        The thing is it will take literally months to get my money out. That would not happen in any reputable business, which I thought CRIS was.
                                        Comment
                                        • pimike
                                          BARRELED IN @ SBR!
                                          • 03-23-08
                                          • 37139

                                          #21
                                          Originally posted by quone17
                                          The thing is it will take literally months to get my money out. That would not happen in any reputable business, which I thought CRIS was.
                                          Why are you requesting it all?

                                          I would contact them and make a deal. Maybe half in a few weeks and you will park the rest for now.
                                          Comment
                                          • Optional
                                            Administrator
                                            • 06-10-10
                                            • 61508

                                            #22
                                            Originally posted by quone17
                                            The thing is it will take literally months to get my money out. That would not happen in any reputable business, which I thought CRIS was.
                                            I hope the limits don't go on for months. At some point the outflow has to slow and they should have access to invested money.
                                            .
                                            Comment
                                            • milwaukee mike
                                              BARRELED IN @ SBR!
                                              • 08-22-07
                                              • 26914

                                              #23
                                              Originally posted by quone17
                                              The thing is it will take literally months to get my money out. That would not happen in any reputable business, which I thought CRIS was.
                                              go to the bank and ask for $50k in cash, they won't give it to you at this point either
                                              Comment
                                              • Barrakuda
                                                SBR Wise Guy
                                                • 02-28-18
                                                • 786

                                                #24
                                                Originally posted by Optional
                                                You don't really need to worry as much as you appear to be IMHO.

                                                They are just throttling the flow as everyone wants to be paid at once.

                                                SBR Forum spoke to them in last few hours and was assured zero problem covering entire customer base for withdrawals even if 100% was requested.
                                                Well, if that's true, then why limit people?
                                                Comment
                                                • Motorhead11
                                                  SBR High Roller
                                                  • 09-04-18
                                                  • 238

                                                  #25
                                                  When people act with panic, bookies do the same
                                                  Comment
                                                  • im over here now
                                                    SBR High Roller
                                                    • 11-27-19
                                                    • 219

                                                    #26
                                                    Originally posted by milwaukee mike
                                                    go to the bank and ask for $50k in cash, they won't give it to you at this point either
                                                    Lol that’s not true at all. Just closed on a land deal... Dollar Bank gave 85k cash part of the loan.. Took out 80k from my saving... Not a problem..
                                                    Comment
                                                    • im over here now
                                                      SBR High Roller
                                                      • 11-27-19
                                                      • 219

                                                      #27
                                                      Originally posted by pimike
                                                      Why are you requesting it all?

                                                      I would contact them and make a deal. Maybe half in a few weeks and you will park the rest for now.

                                                      Why request it all? Hmm.. Easiest answer usually the best answer..It’s his/her money that’s why they requested it? Not a good sign they dropped withdraw limit let’s be honest.. If they had the cash they would pay the cash... That simple..
                                                      Comment
                                                      • im over here now
                                                        SBR High Roller
                                                        • 11-27-19
                                                        • 219

                                                        #28
                                                        Originally posted by Optional
                                                        I have not been told if anyone has tried a big deposit to know.

                                                        But if you choose to deposit, whatever amount you choose, would you want them to refuse to take that off you?


                                                        You can get $15,000 out per week right now. Maybe that will increase when the peak is satisfied. Hopefully it never gets lower. But pretty sure they are good business managers and won't leave you unpaid.
                                                        People will claim I’m negative.. But..

                                                        Words matter a lot more now then 2 weeks ago.. Why would admin from SBR share information he hasn’t fact checked?

                                                        When giving personal opinion also should note it’s a personal opinion..

                                                        Bookmaker isn’t good at managing business.. If they were the withdraw dropped would have been told before it happened, and cashier page would have been updated..
                                                        Comment
                                                        • im over here now
                                                          SBR High Roller
                                                          • 11-27-19
                                                          • 219

                                                          #29
                                                          SBR cant bite the hand that feeds it
                                                          Comment
                                                          • Optional
                                                            Administrator
                                                            • 06-10-10
                                                            • 61508

                                                            #30
                                                            Originally posted by im over here now

                                                            SBR cant bite the hand that feeds it
                                                            If you post BS to attack a book that is an advertiser here, and the book says it is untrue when we ask them about it, you might find yourself booted.

                                                            Jazzmonkey got what was deserved. Not the time for being that sort of ass. It can have a negative effect on others who are not being drama queens or rushing to withdraw everything.
                                                            .
                                                            Comment
                                                            • deeppckts
                                                              SBR Wise Guy
                                                              • 12-19-12
                                                              • 830

                                                              #31
                                                              Very disappointing from Bookmaker. Still feel pretty safe with my funds there. This 3k per week might just make people more anxious.
                                                              Meanwhile, BOL has UPPED theirs to 100k per withdrawal and is running some good promos.
                                                              Comment
                                                              • quone17
                                                                SBR Rookie
                                                                • 03-04-14
                                                                • 24

                                                                #32
                                                                Originally posted by deeppckts
                                                                Very disappointing from Bookmaker. Still feel pretty safe with my funds there. This 3k per week might just make people more anxious.
                                                                Meanwhile, BOL has UPPED theirs to 100k per withdrawal and is running some good promos.
                                                                Jeez dont tell me that. Yes that makes me nervous about Bookmaker. It is not that they cut limit but by so much that has me annoyed. Bookmaker please reconsider you can create a self fulfilling prophecy by overreacting.
                                                                Comment
                                                                • im over here now
                                                                  SBR High Roller
                                                                  • 11-27-19
                                                                  • 219

                                                                  #33
                                                                  Originally posted by Optional
                                                                  If you post BS to attack a book that is an advertiser here, and the book says it is untrue when we ask them about it, you might find yourself booted.

                                                                  Jazzmonkey got what was deserved. Not the time for being that sort of ass. It can have a negative effect on others who are not being drama queens or rushing to withdraw everything.
                                                                  Did he not post a photo of the chat log? It was here and now gone... If photo of chat wasn’t posted I would feel same way you do.. No need to publish bullshit and bash books.. But he had photos of chat log

                                                                  Not going to go back and forth.. It’s SBR Barbecue, but if public loses trust and faith in SBR... It’s ball game no matter who is the throwing the barbecue..
                                                                  Comment
                                                                  • caramba
                                                                    SBR Sharp
                                                                    • 05-03-12
                                                                    • 371

                                                                    #34
                                                                    Originally posted by Optional
                                                                    If you post BS to attack a book that is an advertiser here, and the book says it is untrue when we ask them about it, you might find yourself booted.

                                                                    Jazzmonkey got what was deserved. Not the time for being that sort of ass. It can have a negative effect on others who are not being drama queens or rushing to withdraw everything.
                                                                    I've known Jazzmonkey for years through betting forums. He's a stand up guy. He was just forwarding what was told to him by Betcris agents and even posted a screenshot of the conversation here. It's possible he was given incorrect information by a live agent (that wouldn't be a first) but I don't see how what he did is being an ass or attacking a book.
                                                                    Comment
                                                                    • Optional
                                                                      Administrator
                                                                      • 06-10-10
                                                                      • 61508

                                                                      #35
                                                                      I'll check it out more
                                                                      .
                                                                      Comment
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