Crazy payout fees at JazzSports

[Smurf71]

What is wrong with these guys??? They technically don't have payout options as much as I'm concerned. Customer service guy sounded like he was on weed. Here's what he said

- Money order by Fedex - up to $2000/day Fee $80
-BW up to $2000/day Fee $80


They cry on your chest and tell you stories how they don't make any money on payouts but if fee on a payout is 4 % that is f... up!!!

I was thinking they are type of book who accept pro players, their limits are good.
CS guy said- "why do you worry about payout options, you have a zero balance!"
WTF!

About 3 weeks ago they had cashiers check up to $2500 with $55 fee. Now that was on the edge yet somewhat acceptable but who the hell is going to pay $80 on $2000??? That's a book that has $5000 betting limits a cross the board with NFL being 10k. What does that tell you? Players who bet that kind of money have 30-40k on their account and every time you take a withdrawal big portion of that 4% kicks back to them! Plus it takes 10 payouts to get out 20k that you can make in one NFL Sunday! If you can not take your money out then why on earth would you ever deposit ?

[michael777]

that is why i quit with them long ago

[Docta Ignoranti]

Most big books hit you with tough fee's when you take out a payout. With that in mind, Jazz is as solid as they come.

There's a reason why in the last decade plus you haven't heard much garbage about them, because they pay and pay quick.

Example, if I send them $2000 its going to cost me around $160. If they cover my fee I have $2160 in my account. If I take 2 payouts of $2000 each I am getting twice my deposit for nearly the same of my original fee.

Many books only allow $1000 per payout so I see Jazz a little ahead of the curve. With excellent limits, lines and quick payouts I don't see why anyone should be discouraged from playing there.

No disrespect intended Smurf.

[Smurf71]

None taken. My point here is that for a book with relatively high limits they payout limit is very low . As I said- provided you win 20k a month which is pretty damn realistic with the betting limits up to 10k/game , you have to take 10 payout requests and pay $80 every single time!
That is the example how your money is made expensive for you! Overall I'm happy that you say good things about this establishment cause for US players every good book that accepts pro business and actually pays us too is worth a lot! I think I'm still going to give them a shot.

[HedgeHog]

This is probably why they're only a B- Book. I like everything else about them, especially their teaser prices and variety of props.

PS FWIW, you can transfer larger sums to Cris Books for free.

[John Dough]

FWIW, you can transfer larger sums to Cris Books for free.

Do they transfer with any other A-rated shops?

[blix177]

If they have gold pay than you only pay 2%

[HedgeHog]

Do they transfer with any other A-rated shops?

Only Cris for now.

[Smurf71]

"Fresh info every day I would call it" . Today's info says - no cashiers checks, no B2B transfers, bankwire $2500-$9000 and fee is flat $165. I will call in tomorrow to see if third person generates third version of their payout options.

[blix177]

$165 at 9000 isn't really that bad.

[skrtelfan]

I got shown the door by a book in that family when my balance was quite minimal, as I'd recently withdrawn most of my balance and had no intentions of reloading, and they actually had the nerve to charge me a $25 fee on a $40 withdrawal!

[THEGREAT30]

Problems only incur when you go to cash out, that's the 1st and most notable symptom of a book that you should stay away from, good day

[Smurf71]

I agree with that yes- $165 on $9000 is not bad ( 1.83%) but it is horrible on $2500( 6.6%). So it is better to withdraw bigger amounts.
I have not heard about Jazz f... somebody up in Sportsbook.com fashion. I don't know about LooseLines though. I will give Jazz a shot!

[Hareeba!]

Jazz is the ONLY book I have to pay fees at.

Fair enough if they have to incur costs to payout but I don't believe that's the case when using Moneybookers or Neteller?

The only reason I still use them is because it would cost me too much to withdraw!

In their favour they do frequently have top odds.

[Igetp2s]

I agree with that yes- $165 on $9000 is not bad ( 1.83%) but it is horrible on $2500( 6.6%). So it is better to withdraw bigger amounts.
I have not heard about Jazz f... somebody up in Sportsbook.com fashion. I don't know about LooseLines though. I will give Jazz a shot!

Receiving a $9,000 wire transfer could be a huge red flag. Will definitely draw attention if it's a personal checking account. I wouldn't risk it.

[Smurf71]

You may have a point here. They say that keep personal check under 5k and wire transfers under 10k, same thing- don't ever put cash in a bank for more than $4990 at the time . Banks have certain limits when they have to alert IRS. They personally do not care as long as you play inside these limits. After all bank is not a state institution but profit oriented private business that obeys all the rules state has written for them. So everything counts in large amounts. One just has to be aware where the ropes are

[sq764]

theyre everywhere nothing shocking