Betcris 3,5% payout fee (even on bitcoin)

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  • slobib
    SBR Rookie
    • 07-26-06
    • 43

    #36
    Originally posted by Optional
    It could be to discourage arbitrage players who want to deposit/withdraw large amounts fast, from doing that.
    I have deposited once and withdrawn 3 or 4 times in 3-4 years time. Obviously is not about this. Also double standards with fees for different countries, types of players are a disgrace.
    Comment
    • rayray73
      SBR Rookie
      • 12-22-20
      • 9

      #37
      I am currently having the same issue with them. Did you get your issue resolved?
      Comment
      • deeppckts
        SBR Wise Guy
        • 12-19-12
        • 830

        #38
        There is no indication that Bookmaker.eu is doing this, however they shorted my last withdrawal by almost exactly 3.5%. I posted about this but of course it was moved to the Saloon.
        Comment
        • HomeRun35
          SBR High Roller
          • 05-09-20
          • 182

          #39
          Originally posted by deeppckts
          There is no indication that Bookmaker.eu is doing this, however they shorted my last withdrawal by almost exactly 3.5%. I posted about this but of course it was moved to the Saloon.
          Made a withdrawal from BM today and got the exact amount requested, no fee. Sharp account and I don't withdraw often
          Comment
          • deeppckts
            SBR Wise Guy
            • 12-19-12
            • 830

            #40
            Originally posted by HomeRun35
            Made a withdrawal from BM today and got the exact amount requested, no fee. Sharp account and I don't withdraw often
            Thanks for the info
            Comment
            • jjgold
              SBR Aristocracy
              • 07-20-05
              • 388179

              #41
              arbitrage players are bad business for any book it is why they kick them out nothing but a hassle

              I would kick them all out


              Originally posted by Optional
              It could be to discourage arbitrage players who want to deposit/withdraw large amounts fast, from doing that.
              Comment
              • deeppckts
                SBR Wise Guy
                • 12-19-12
                • 830

                #42
                Originally posted by jjgold
                arbitrage players are bad business for any book it is why they kick them out nothing but a hassle

                I would kick them all out
                Bookmaker is where the steam originates.
                Comment
                • HomeRun35
                  SBR High Roller
                  • 05-09-20
                  • 182

                  #43
                  Originally posted by deeppckts
                  Bookmaker is where the steam originates.
                  Not sure about other sports but that's not the case for baseball. The Pinnacle open will reflect Bookmaker open movements but once Pinnacle opens I've never seen Pinnacle move more than a single cent off a max Bookmaker move and on day of later in the market Pinnacle won't move at all off Bookmaker.
                  Comment
                  • deeppckts
                    SBR Wise Guy
                    • 12-19-12
                    • 830

                    #44
                    Fine but the point is Pinnacle and Bookmaker both originate steam so arbitrage bettors end up betting against the steam at Pinn/Bookmaker. Every arbitrage player who has been at it a while knows that they lose long term at both places. That's why Pinn/bookmaker don't ban anyone either. They can and do use them to their advantage. It is very naive to say those two shops don't like arbitrage bettors.

                    It's the square shops that are dressmakers and move off air that hate steam chasers.
                    Comment
                    • HomeRun35
                      SBR High Roller
                      • 05-09-20
                      • 182

                      #45
                      Originally posted by deeppckts
                      Fine but the point is Pinnacle and Bookmaker both originate steam
                      Maybe I'm misunderstanding. Doesn't originate steam mean that the other books move off that move? So if Pinnacle moves from -120 to -125, every book follows and steam chasing would be catching a soft book's -121 before they can move it off Pinnacle's move. If Pinnacle is at -120, and Bookmaker gets hit from -119 to -125, no other book is going to move(in baseball). Is it really considered originating steam if the move affects no other books prices?
                      Comment
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