24sportsweb takes 120$ fees for moneybookers payout. Is it normal?

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • maksar
    SBR Rookie
    • 02-20-07
    • 28

    #1
    24sportsweb takes 120$ fees for moneybookers payout. Is it normal?
    Somedays ago has made request for payout 9000$ by moneybookers. As the maximum sum in a week for payout is 5000$, the sum have divided into 2 parts. 5000$ should pay this week, other on the following. Has been strongly surprised when has seen that for the first part of payment 60$ dollars (accordingly 120$ for two parts) have removed in addition. I Many times transferred money by moneybookers, but never was such big fees (Usually in general without the fees). In rules payout by moneybookes is not specified, except “All payouts fees will be covered by the clients”. But as far as I know the fees of moneybookers is minimum (in anyway more less than 60$).

    Whether tell has 24SportsWeb rights to takes 120$ fees? (In my opinion this sum is proved by nothing)

    P.S. Excuse for my English
  • Justin7
    SBR Hall of Famer
    • 07-31-06
    • 8577

    #2
    1.33% isn't a crazy fee for any kind of withdrawal.

    How much does the book lose on this transfer?
    Comment
    • twister
      SBR Sharp
      • 09-09-08
      • 405

      #3
      $120 is cheap for a $9000 withdrawl. Some books will try and charge that much on a $1000 withdrawl.
      Comment
      • twister
        SBR Sharp
        • 09-09-08
        • 405

        #4
        That said, books charging these excessive fees for withdrawl is a bit of a joke, but it's just additional income for them.
        Comment
        • Stumpage
          SBR MVP
          • 09-21-05
          • 2906

          #5
          Guess I have to disagree from the replies thus far, as this seems like a rather BetCris-like moneygrab in my opinion. Pinnacle will move this amount for free, or $15 if it's not the first withdrawal of the month. Greek will charge $15 as a flat rate. BetFair will do it for free at any time.

          But I guess that's what makes those books the top of the line and 24sportsweb...Well, 24 sportsweb.
          Comment
          • twister
            SBR Sharp
            • 09-09-08
            • 405

            #6
            Originally posted by Stumpage
            Guess I have to disagree from the replies thus far, as this seems like a rather BetCris-like moneygrab in my opinion. Pinnacle will move this amount for free, or $15 if it's not the first withdrawal of the month. Greek will charge $15 as a flat rate. BetFair will do it for free at any time. But I guess that's what makes those books the top of the line and 24sportsweb...Well, 24 sportsweb.
            Yeah, I'm not saying it was right as I stated afterwards, it's just in this industry it isn't surprising to see ridiculous withdrawl fees. All European bookies will let you withdraw for free (as far as I am aware), or it will be a very limited fee. Same with most of the top A+ books. Some just look to squeeze every penny out of their customers, and they know that if a customer wants to withdraw their cash, they have no choice but to pay that extortionate fee.
            Comment
            • maksar
              SBR Rookie
              • 02-20-07
              • 28

              #7
              I can something I misunderstand, but on a moneybookers site (https://www.moneybookers.com/app/hel...=benefits&l=EN) is written:"Cost - international transfer - 1% but maximum € 0.50"
              Comment
              • maksar
                SBR Rookie
                • 02-20-07
                • 28

                #8
                Originally posted by Justin7
                1.33% isn't a crazy fee for any kind of withdrawal.

                How much does the book lose on this transfer?
                I can something I misunderstand, but on a moneybookers site (https://www.moneybookers.com/app/hel...=benefits&l=EN) is written:"Cost - international transfer - 1% but maximum € 0.50"
                Comment
                • HeeeHAWWWW
                  SBR Hall of Famer
                  • 06-13-08
                  • 5487

                  #9
                  I vaguely remember reading somewhere moneybookers charged 2% for withdrawals. Maybe varies with volume though.

                  The 1% max € 0.50 above is just for personal accounts, not business ones.
                  Comment
                  • BAUS
                    SBR MVP
                    • 08-10-05
                    • 2191

                    #10
                    I would just be happy to get my 9k from that book ASAP.

                    BAUS
                    Comment
                    • Stumpage
                      SBR MVP
                      • 09-21-05
                      • 2906

                      #11
                      Originally posted by twister
                      Yeah, I'm not saying it was right as I stated afterwards, it's just in this industry it isn't surprising to see ridiculous withdrawl fees. All European bookies will let you withdraw for free (as far as I am aware), or it will be a very limited fee. Same with most of the top A+ books. Some just look to squeeze every penny out of their customers, and they know that if a customer wants to withdraw their cash, they have no choice but to pay that extortionate fee.
                      I agree Twister. As an aside, just pray that you never choose the book to book transfer option from BetCris. If you never have, then good on you. Truly a remarkable and memorable money gouge.....
                      Comment
                      • Dunder
                        Restricted User
                        • 10-26-09
                        • 3345

                        #12
                        Moneybookers fees to merchants are set at 1.9pct basis over EUR 100,000 in transactions for a month.
                        If less than that it goes on a sliding scale up to a maximum of 2.9 percent.

                        In terms of whether the fee to the OP is justified, it´s just a function of the market, I guess. Very few non US facing sites charge anything for withdrawals, they would lose custom if they tried. For books which have primarily US clients however, it is the norm. Always read the ts and cs and if they are not clear, ask.
                        Comment
                        • sorsan2
                          SBR Rookie
                          • 12-07-09
                          • 9

                          #13
                          Originally posted by BAUS
                          I would just be happy to get my 9k from that book ASAP.

                          BAUS

                          Comment
                          • Sportslover
                            Restricted User
                            • 06-04-09
                            • 860

                            #14
                            I guess it depends on the sportsbook, I've never been charged for a Moneybookers withdrawal from any A+ book but I think that's because I only make one withdrawal per month, think you get charged for any subsequent withdrawals in the same month.
                            Comment
                            • siabdo23
                              SBR Sharp
                              • 12-02-09
                              • 300

                              #15
                              I guess small books do anything to irritate you with annoying actions
                              Comment
                              • maksar
                                SBR Rookie
                                • 02-20-07
                                • 28

                                #16
                                Originally posted by Sportslover
                                I guess it depends on the sportsbook, I've never been charged for a Moneybookers withdrawal from any A+ book but I think that's because I only make one withdrawal per month, think you get charged for any subsequent withdrawals in the same month.
                                It's my first payout
                                Comment
                                • nenad
                                  Restricted User
                                  • 08-12-09
                                  • 714

                                  #17
                                  120$ for wd pure robery
                                  Comment
                                  • UV82
                                    SBR Sharp
                                    • 07-25-09
                                    • 396

                                    #18
                                    Petty little C- rated books will charge you that kind of money for withdrawals ... serious book will never do that... they will ofer one free withdrawal per month (at least) and any additional for a small fee... Bet911 offer 1 free withdrawal per month but upto a max of $1500 and that show hows petty small client orientated the book is.
                                    Comment
                                    • houdini
                                      SBR High Roller
                                      • 11-08-08
                                      • 174

                                      #19
                                      They are the worst. I I won after satisfying conditions they never paid
                                      Comment
                                      • maksar
                                        SBR Rookie
                                        • 02-20-07
                                        • 28

                                        #20
                                        I make payout at friday 11, but don't still recieve money. They do not answer to my е-mails. I start to worry on the money.
                                        Comment
                                        • 316316
                                          SBR Sharp
                                          • 10-31-08
                                          • 395

                                          #21
                                          Then your using moneybookers as well???
                                          Ask them what happen to your pay out maybe have some delayed...
                                          Comment
                                          • maksar
                                            SBR Rookie
                                            • 02-20-07
                                            • 28

                                            #22
                                            Originally posted by 316316
                                            Then your using moneybookers as well???
                                            Ask them what happen to your pay out maybe have some delayed...
                                            Yes, moneybookers.
                                            I asked yesterday and today.
                                            But they do not answer my e-mails.
                                            Comment
                                            • 316316
                                              SBR Sharp
                                              • 10-31-08
                                              • 395

                                              #23
                                              Ohhh... so sad to hear that how long you've been waiting???
                                              because it's not normal to take a month for processing...
                                              Or else they have investigation for your account. That's what i think...
                                              Comment
                                              • davidchong
                                                SBR MVP
                                                • 02-10-06
                                                • 1806

                                                #24
                                                1.9% the merchant have to pay to moneybookers on all transfers, in and out..
                                                Comment
                                                SBR Contests
                                                Collapse
                                                Top-Rated US Sportsbooks
                                                Collapse
                                                Working...