Bookmaker to Matchbook Transfers

[JoshW]

I know it must have been talked about before. But the price is very steep.

Transfers from Bookmaker to most books, $100.

Transfers from Bookmaker to Matchbook, $200.

[capitalist pig]

So what is SBRs opinion on why they charge such ridiculous fees? Is it simply because they dont want to lose the business, or is it a sign of the times that the industry is hurting for new customers? Im inclined to believe that the industry as a whole is not anything close to what it was a few years ago, due to the loss of the easy deposit USA customer base, JMO.

Just curious on your opinion.

later

[Stumpage]

Yeah, they've been in a whole seperate category for years when it comes to transfer whore fees, but I wasn't aware of the matchbook fee. That's disgusting even by Bookmaker's standards, which is tough to imagine.

[JoshW]

4% is excessive IMO, but it is better than no transfer at all. One could obviously avoid that type of fee altogether, but by the time a check or bankwire arrived and then went back to Matchbook via other means, looking at a close to a week, if not longer.

I think the MB fee in particular can be viewed a number of ways, but certainly one has to be that they are not going to facilitate a competitor when most of the transfers only go one way.

[RickySteve]

Gambling revenue is down globally, not just offshore sportsbooks. I'm shocked there haven't been more mergers and bankruptcies.

[evo34]

Never understood the appeal of Bookmaker (over other books considered to be stable and reliable). They basically charge a tax on any winnings, collected at the time you withdraw. As I recall, even check withdrawals are limited in such a way as to be equivalent to charging a percentage fee. I don't blame them for doing it if they can get people to go for it. I just won't be one of the people...

[username474]

Gambling revenue is down globally, not just offshore sportsbooks. I'm shocked there haven't been more mergers and bankruptcies.

Alot of books are counting on having a good football season. I plan on getting all of my money out my B book accounts 3/4 threw the season. I will only leave money in Pinny, Matchbook,greek ,betjam,bookmaker.I think things could get a little ugly this year.