BetPhoenix Not Transferring with Matchbook

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  • ZetaPsi808
    SBR Posting Legend
    • 09-18-08
    • 12119

    #1
    BetPhoenix Not Transferring with Matchbook
    This is what a BetPhoenix Customer Service Rep said to me in an e-mail.

    Looks like we wont be doing Matchbook transfers anymore, at least for a while. I asked accounting when Matchbook transfers will be able to made again, and they told me only management knows, I asked management and they told me not for a while. We are only doing book to book transfers with Betfirstclass and FirstFidelity at the moment.

    I do have a pretty good deal for you. For the superbowl, for 2500 or more, we will be offering 10% in freeplay with a 8x rollover and -102 juice for the superbowl game. Keep in mind, due to recent changes, we are no longer offering bonuses on reduced juice.

    wow, this is bad. if these changes are permanent, that will severely hurt my flexibility as far as moving money around. i used to routinely transfer money back and forth b/w matchy and betphoenix. and 10% free play is fairly weak. even bookmaker, which is not known for their reload bonuses, is offering 20% for the superbowl
  • ZetaPsi808
    SBR Posting Legend
    • 09-18-08
    • 12119

    #2
    fukk i didnt see there was already a thread on this
    Comment
    • blix177
      Restricted User
      • 09-20-08
      • 1520

      #3
      The no book to book transfer is old news, about 3 weeks now. But I think this hurts betphoenix too. They went from $40k a week handle from me to $10k, because I lost my flexibility of getting money in and out of BP.
      Comment
      • BigOrangeTitans
        SBR MVP
        • 11-23-07
        • 4504

        #4
        matchy sucks nuts anyhow
        Comment
        • Fishhead
          SBR Aristocracy
          • 08-11-05
          • 40179

          #5
          Originally posted by BigOrangeTitans
          matchy sucks nuts anyhow

          ........a no.

          BetPhoenix sucks nuts.


          I have taken all my money out of BP
          Comment
          • Bill Dozer
            www.twitter.com/BillDozer
            • 07-12-05
            • 10894

            #6
            BP was working on adding another mainstream b2b sportsbook. We'll find out the status.
            Comment
            • John Dough
              SBR MVP
              • 09-21-05
              • 1785

              #7
              Originally posted by Bill Dozer
              BP was working on adding another mainstream b2b sportsbook. We'll find out the status.
              Thanks Bill, eagerly awaiting an update on this.
              Comment
              • Climate
                SBR Sharp
                • 01-22-07
                • 345

                #8
                Originally posted by Bill Dozer
                BP was working on adding another mainstream b2b sportsbook. We'll find out the status.
                Yeah, but Matchbook is the nuts for most gamblers. Hard to beat 1 cent juice.

                An A-rated sportsbook to transfer to will help, but it's kinda like Tito Jackson trying to replace Michael Jackson. We need a moonwalking smiley btw.
                Comment
                • JoeVig
                  SBR Wise Guy
                  • 01-11-08
                  • 772

                  #9
                  Originally posted by Bill Dozer
                  BP was working on adding another mainstream b2b sportsbook. We'll find out the status.
                  Let's just hope that it is not the CRIS family of books. $200-300 to B2B out is just way too much.
                  Comment
                  • katstale
                    SBR MVP
                    • 02-07-07
                    • 3924

                    #10
                    Pinny? Oly? por favor Even cris would/could be helpful
                    Comment
                    • Doug
                      SBR Hall of Famer
                      • 08-10-05
                      • 6324

                      #11
                      FF is a good book, but not so well known. BFC I have less confidence in.

                      BP needs transfers with a solid book, and not a one-way place like Bookmaker.

                      I can't seriously consider playing there again until they have one of these for transfers....

                      5Dimes
                      Greek
                      Jamaica

                      and their $20 or $25 fee should be eliminated, or at least waived for the 1st transfer of the month.

                      they have dropped quite a bit, IMO.
                      Comment
                      • Chuck Sims
                        SBR MVP
                        • 12-29-05
                        • 3072

                        #12
                        Originally posted by BigOrangeTitans
                        matchy sucks nuts anyhow
                        Hello McFly???? Anybody home? Get serious. 1 cent juice or 10 cent juice. Sharp or square.

                        To prevent a mass exodus to Matchbook, Bet Phoenix stopped doing transfers with them. When they announced their decision, they told SBR they "will soon begin transfers with other major sportsbooks". Sounds like blowing smoke up our ass.
                        Comment
                        • bigboyfosho
                          SBR MVP
                          • 02-19-09
                          • 1576

                          #13
                          Originally posted by chuck sims
                          hello mcfly???? Anybody home? Get serious. 1 cent juice or 10 cent juice. Sharp or square.

                          To prevent a mass exodus to matchbook, bet phoenix stopped doing transfers with them. When they announced their decision, they told sbr they "will soon begin transfers with other major sportsbooks". Sounds like blowing smoke up our ass.
                          this
                          Comment
                          • trumpdown
                            SBR Wise Guy
                            • 01-21-09
                            • 755

                            #14
                            Originally posted by Chuck Sims

                            To prevent a mass exodus to Matchbook, Bet Phoenix stopped doing transfers with them.
                            There could be some credence to this, as this was about the same time they changed their structuring to not allow certain "sharps" the reduced juice. A possible scenario is they panicked once they had all the transfer requests to MB. I don't have a BP account so I am merely guessing this could be part of it.
                            Comment
                            • Doug
                              SBR Hall of Famer
                              • 08-10-05
                              • 6324

                              #15
                              agree with Chuck, usually do.

                              Phoenix has an odd choice of transferring books. FF is good, but they don't transfer with many books. It's a very good baseball book with a -190 dimeline ( last I knew).

                              It's also odd that BP seems to only want North American clients.
                              Comment
                              • Patrick McIrish
                                SBR MVP
                                • 09-15-05
                                • 2864

                                #16
                                The scary part isn't they don't transfer with Matchy, they don't (can't) with CRIS, Greek, Jamaica, 5Dimes and other industry leaders. That's what alarms me. Newer book none of the big boys want anything to do with. This forum is a revenue generating thing, please remember that and form your own opinions when it comes to your own money.

                                John said they own DSI or parts of it, I flat out don't believe it.
                                Comment
                                • MBENZ
                                  SBR Hall of Famer
                                  • 01-07-07
                                  • 5238

                                  #17
                                  Originally posted by Patrick McIrish
                                  The scary part isn't they don't transfer with Matchy, they don't (can't) with CRIS, Greek, Jamaica, 5Dimes and other industry leaders. That's what alarms me. Newer book none of the big boys want anything to do with. This forum is a revenue generating thing, please remember that and form your own opinions when it comes to your own money.

                                  John said they own DSI or parts of it, I flat out don't believe it.
                                  I would have to see proof positive that they have any connection with DSI,common sense dictates if they did,why not transfer within the family?
                                  Comment
                                  • Patrick McIrish
                                    SBR MVP
                                    • 09-15-05
                                    • 2864

                                    #18
                                    Sharp post. Asked John in another thread but he hasn't replied yet.
                                    Comment
                                    • Fishhead
                                      SBR Aristocracy
                                      • 08-11-05
                                      • 40179

                                      #19
                                      Originally posted by MBENZ
                                      I would have to see proof positive that they have any connection with DSI,common sense dictates if they did,why not transfer within the family?
                                      If so, why can't DSI just openly admit to this?

                                      If they did, BP deposits would increase in all liklihood.
                                      Comment
                                      • HedgeHog
                                        SBR Posting Legend
                                        • 09-11-07
                                        • 10128

                                        #20
                                        So what Books do BP currently transfer with?

                                        1) First Fidelity

                                        2) BetFirstClass

                                        ????

                                        ????

                                        ????
                                        Comment
                                        • MBENZ
                                          SBR Hall of Famer
                                          • 01-07-07
                                          • 5238

                                          #21
                                          Originally posted by Fishhead
                                          If so, why can't DSI just openly admit to this?

                                          If they did, BP deposits would increase in all liklihood.
                                          DSI has no affiliation with BP.BP has its own family:

                                          Bet-1
                                          BetMania
                                          Bet Over Time
                                          BetPhoenix
                                          Sports-1
                                          WagerChief
                                          Comment
                                          • MBENZ
                                            SBR Hall of Famer
                                            • 01-07-07
                                            • 5238

                                            #22
                                            Originally posted by HedgeHog
                                            So what Books do BP currently transfer with?

                                            1) First Fidelity

                                            2) BetFirstClass

                                            ????

                                            ????

                                            ????
                                            First Fidelity family

                                            888 Viet
                                            Grand Slam Sports Bettor
                                            Payoffs Plus
                                            Shengyidc
                                            Wager7
                                            YouWager
                                            Comment
                                            • katstale
                                              SBR MVP
                                              • 02-07-07
                                              • 3924

                                              #23
                                              I think there is more "connectedness" between some of the top books than anyone will admit openly. I was talking to Big Mike (yes he is big and that's what they call him) of VIP Sportsbook in Panama last weekend and he said or alluded to the same thing. Maybe someone has a 5% or 10% interest in another shop. So they are friendly, but still competing. Then you have places which seek out niche markets. Phoenix group obviously has targeted North America with BetPhoenix. They have asian facing shops/skins as well.

                                              I am not an insider, but sometimes I have a friendly chat with people who are. Phoenix has had it's share of ups and downs, but ability to pay has not been one of them. If John wants to disagree he can, but their bankroll is more than sufficient.

                                              I am still gonna be one of the first to try their exchange. Not worried ever abt getting paid by these guys.
                                              Comment
                                              • gman2114
                                                SBR Sharp
                                                • 10-20-09
                                                • 418

                                                #24
                                                exchange - will it fly as it is the only way to wager in a market - but need lots of volume.
                                                Comment
                                                • Fishhead
                                                  SBR Aristocracy
                                                  • 08-11-05
                                                  • 40179

                                                  #25
                                                  Originally posted by MBENZ
                                                  DSI has no affiliation with BP.BP has its own family:

                                                  Bet-1
                                                  BetMania
                                                  Bet Over Time
                                                  BetPhoenix
                                                  Sports-1
                                                  WagerChief




                                                  SBRJOHN says DSI has a stake in them.
                                                  Comment
                                                  • MBENZ
                                                    SBR Hall of Famer
                                                    • 01-07-07
                                                    • 5238

                                                    #26
                                                    Originally posted by Fishhead



                                                    SBRJOHN says DSI has a stake in them.

                                                    Let John prove it,this info I gave is from a very legitimate source which I can't post because of a conflict of interest with SBR.
                                                    Comment
                                                    • Chuck Sims
                                                      SBR MVP
                                                      • 12-29-05
                                                      • 3072

                                                      #27
                                                      I remember reading how safe Bet Cascade was and that Lenny would never stiff anyone. People in Costa Rica claiming to know said Cascade was financially sound.

                                                      Do your homework. Is the sportsbook giving away the store? Examples would be large bonuses, reduced juice, large limits, slow moving lines. Any payout complaints? Have they stopped doing b2b transfers with a well respected sportsbook?
                                                      Comment
                                                      • Patrick McIrish
                                                        SBR MVP
                                                        • 09-15-05
                                                        • 2864

                                                        #28
                                                        Originally posted by MBENZ
                                                        DSI has no affiliation with BP. BP has its own family:

                                                        Bet-1
                                                        BetMania
                                                        Bet Over Time
                                                        BetPhoenix
                                                        Sports-1
                                                        WagerChief

                                                        Bingo. One thing to understand when you hear this book is connected with this one and so on - the books are not stupid, they KNOW being new is a warning signal for players, if they can be "connected" to another major book the easier it is for them to earn respect quickly. Not to mention earn higher marks here at SBR very fast with the right connections. That's why at times a 2nd cousin from his mother's side sweeps the floors at Greek suddenly translates to we've got an ownership stake in that place! We're practically the same joint. Do your own homework, I respect the hell out of John and Bill but they are human and running a business. Use common sense.
                                                        Comment
                                                        • bettilimbroke999
                                                          SBR Posting Legend
                                                          • 02-04-08
                                                          • 13254

                                                          #29
                                                          BetFirstClass and FirstFidelity? Good to know

                                                          Can they transfer my money to Cascade as well
                                                          Comment
                                                          • bigboyfosho
                                                            SBR MVP
                                                            • 02-19-09
                                                            • 1576

                                                            #30
                                                            geeezeee
                                                            Comment
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