Matchbook New Roll Over Requirements

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  • playz
    SBR Sharp
    • 01-31-09
    • 493

    #1
    Matchbook New Roll Over Requirements
    They are telling me they have roll over requirements and won't process a small withdrawal. Having a roll over in matchbook is ridiculous. The amount I have wagered there is a ton. Just because I received a transfer they institute a roll over?
  • sinkhole
    SBR High Roller
    • 05-30-09
    • 116

    #2
    and the comm credits is crap, why not just put it in the real balance...
    Comment
    • andrea
      SBR High Roller
      • 10-31-08
      • 145

      #3
      No I guess, i assumed their rollover has been organized even before you received a transfer..
      Aren't you aware with their absurb conditions?
      Comment
      • HeeeHAWWWW
        SBR Hall of Famer
        • 06-13-08
        • 5487

        #4
        Presumably they want to discourage people using them as a go-between, with all the fraud risks that entails.
        Comment
        • katstale
          SBR MVP
          • 02-07-07
          • 3924

          #5
          I guess I don't even think abt that stuff. I move money around and always turn it over a few times everywhere. Just as a courtesy. To be honest, matchbook is the coolest place there is abt money in and out.

          If they would do p2p, they would be on another plane entirely (not blaspheming against Pinny in any way)
          Comment
          • losturmarbles
            SBR MVP
            • 07-01-08
            • 4604

            #6
            Originally posted by playz
            They are telling me they have roll over requirements and won't process a small withdrawal. Having a roll over in matchbook is ridiculous. The amount I have wagered there is a ton. Just because I received a transfer they institute a roll over?
            why did you transfer to matchbook if you were wanting a withdrawal?
            Comment
            • Peep
              SBR MVP
              • 06-23-08
              • 2295

              #7
              I did a transfer in, they wanted me to rollover 15% of the transfer, which I thought was more than reasonable.
              Comment
              • Frank
                SBR Wise Guy
                • 10-13-07
                • 918

                #8
                Originally posted by katstale
                I guess I don't even think abt that stuff. I move money around and always turn it over a few times everywhere. Just as a courtesy. To be honest, matchbook is the coolest place there is abt money in and out.

                If they would do p2p, they would be on another plane entirely (not blaspheming against Pinny in any way)

                Lets not get confused between the puppet and the puppetmaster. The guys at Pinny could sculpt and abuse the marketmakers at Matchy if they so chose.
                Comment
                • Chuck Sims
                  SBR MVP
                  • 12-29-05
                  • 3072

                  #9
                  Matchbook's rollover for transfers is miniscule. The standard one time rollover.

                  To start a thread on this is so weak. You should be embarrassed.
                  Comment
                  • themajormt
                    SBR MVP
                    • 07-30-08
                    • 3964

                    #10
                    Basically this guy was looking for a way to circumvent withdrawal fees or something. A ONE time roll over with one of the best books out there is NOT a problem at all. I have even been willing to go as far as a 3X roll over in the past.
                    Comment
                    • katstale
                      SBR MVP
                      • 02-07-07
                      • 3924

                      #11
                      Originally posted by Frank
                      Lets not get confused between the puppet and the puppetmaster. The guys at Pinny could sculpt and abuse the marketmakers at Matchy if they so chose.
                      Oh man, I love it when you talk like that.
                      Comment
                      • playz
                        SBR Sharp
                        • 01-31-09
                        • 493

                        #12
                        Originally posted by Chuck Sims
                        Matchbook's rollover for transfers is miniscule. The standard one time rollover.

                        To start a thread on this is so weak. You should be embarrassed.


                        Originally posted by themajormt
                        Basically this guy was looking for a way to circumvent withdrawal fees or something. A ONE time roll over with one of the best books out there is NOT a problem at all. I have even been willing to go as far as a 3X roll over in the past.
                        I have a large balance at matchbook and consistently use them. I transferred in and they wanted a 2x roll over on a larger transfer before processing ANY withdraws. I was asking for a low hundreds withdrawal. The amount of fees they charge.. I am not complaining but the amount of money I make them is a lot. By not transferring money to and from for me they are actually losing money. I am not circumventing any fees. I will more than surpass any roll over requirement in the future but not transferring a few hundred out when I have 5 digits is silly.

                        I suggested that they should look at it on an account basis. They said they would process my request after seeing that do not abuse their processors or anything. This was after I posted. It is bad practice to say I can't withdraw any money from my account until I do this roll over. If I have 10,000 in my account and I have to roll over 5,000. They won't transfer a few hundred to a processor? This make sense? You get my point. I don't like my money frozen at all.
                        Comment
                        • themajormt
                          SBR MVP
                          • 07-30-08
                          • 3964

                          #13
                          Ok I do agree with that then... If you are not trying to cash out your balance and have enough to complete a rollover then you should be able to pull some out.
                          Comment
                          • Chuck Sims
                            SBR MVP
                            • 12-29-05
                            • 3072

                            #14
                            I misunderstood when you said transfer. I assumed you meant book to book. I am glad MB processed your WD.
                            Comment
                            • HedgeHog
                              SBR Posting Legend
                              • 09-11-07
                              • 10128

                              #15
                              MB is the best Book...period.
                              Comment
                              • Scooter
                                SBR MVP
                                • 01-15-07
                                • 1159

                                #16
                                Originally posted by Chuck Sims
                                Matchbook's rollover for transfers is miniscule. The standard one time rollover.

                                To start a thread on this is so weak. You should be embarrassed.
                                Matchbook is requiring a 2x rollover for transfers from WSEX before withdrawal.
                                I don't know how recently they instituted that rule.
                                Comment
                                • Chuck Sims
                                  SBR MVP
                                  • 12-29-05
                                  • 3072

                                  #17
                                  Thanks for updating that Scooter.
                                  Comment
                                  • Pokerjoe
                                    SBR Wise Guy
                                    • 04-17-09
                                    • 704

                                    #18
                                    It is sometimes best to do a WD first, then the transfer in, rather than the other way around. Seems silly, but that's the reality.

                                    IOW, if you have a WD eligible balance, make the WD, then transfer in. Because if you do the incoming transfer first, you'll be subject to a new rollover req before you're WD eligible again.

                                    This isn't just for MB, obv. Pretty much all books work like this.
                                    Comment
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