[Dark Horse]

I moved some funds from Matchbook to another book. And then I wanted to move a larger amount from a third book into Matchbook.

Matchbook refused to accept this deposit, unless I agreed to a 4x rollover (up from 1x). They argued that this was to protect them against people abusing the book-to-book transfer system, while admitting that I wasn't abusing that system.

First time ever for me that a book didn't want my money.
They actually refused business over some dogmatic issue; their 'pass-through' rule. They recently came up with this brilliant idea.

My impression is that the people running this place could barely run a D-quality type of book, and only get away with their incompetence because the exchange format is so forgiving. They're clueless. Especially in light of the recent downgrade, I'm out of there until SBR can shed more light on what is going on at Matchbook.

[Dark Horse]

I wrote this before noticing the other topic, from earlier today, that MB was downgraded to B-.

They've changed a lot in the past year. Things used to be smooth and flexible. Now they are rigid and dogmatic. Something that would have taken five minutes a year ago, couldn't be resolved in two hours of back and forth communicating today.

[xKMACKx]

That sucks but on my end im still getting A class treatment. Receive payouts in an hour to instadebit and its in my bank account in 2 days. But in any case I can always do my business solely at Pinnacle if they screw me around.

By the way... Deus Ex = best game of all time

[heathcliffm]

they have changed a lot but, if they are under new ownership then it is to be expected. money making changes and cost cuts always do.

[tltaylor89]

Hey DH why dont you transfer to Bookmaker theirs no rollover requirement now im pouring money in their

[Chuck Sims]

Matchbook refused my deposit also. Accused me of using them as a "pass through" sportsbook. This was extremely insulting to me. Huge player at Matchbook.

DH, what sportsbook was the transfer coming from?

[Dark Horse]

BP family.

Imagine it. Matchbook is refusing incoming money. What a business concept.

I asked the guy over the phone if they were all sitting back and smoking, and he cracked up with that typical stoned giggle. I talked to three people there today, and they all had a totally different vibe. Not just a little, but coming from waaaay different spaces. You don't see that in a company that is run in a professional manner. Everybody in a streamlined company is on the same page, because they've bought into the same concept of success.

[tachi]

interesting who to trust?

some guys pretending to be huge players at MB or

MB (in big debts) refusing B2B deposits from these guys?

[Dark Horse]

interesting who to trust?

some guys pretending to be huge players at MB or

MB (in big debts) refusing B2B deposits from these guys?

Where did I say I'm a huge MB player? Unless you want to make markets, pretty much a full time job, the amount of money to keep at an exchange is relative to the liquidity.

Tradesports, now gone, was always better run than MB, and when its liquidity went down, the 'efficient' amount of money to keep there decreased accordingly. Inability to maintain or increase liquidity was the beginning of the end for TS, and I can assure you that they had a much better business sense than the folks over at MB.

MB is like loose sand. You assume that they have a tight business plan, but they're all over the place. An exchange is first and foremost about liquidity. Refusing deposits is a slap in the face of the trading community there.

[Chuck Sims]

I cannot figure out why MB would deny deposits. I have concluded it is incompetence. Some have used MB as a pass through book. To combat this, MB is taking it to the extreme that if anyone appears to be moving money around without the sole purpose of replacing losses, they deny a deposit. MB actually told me incoming transfers are used to replace losses. I wanted to ask the dummy, then what is out going transfers used for? I also wanted to ask does that mean winners are not allowed to do incoming transfers since they would not be replacing losses?

[trixtrix]

4x rollover is standard i think, i know they wouldn't process transfers for me unless i can satisfy the 4x requirement on my prev transfer

[Fishhead]

4x rollover is standard i think, i know they wouldn't process transfers for me unless i can satisfy the 4x requirement on my prev transfer

I can usually accomplish a 4x rollover at Matchbook in 2-3 days..........and at times, in ONE DAY.

This should not be a concern to any on this board in my opinion, and in fact, should welcome it, for the reasons that Matchbook stated.

[John Dough]

I see nothing wrong with them requiring a 4X rollover on incoming b2b transfers. They're not NETeller. They want you to place/accept offers, not move money through them.

That said, I think they should accept as many as you want to send them and merely require a 4X rollover on all of them before allowing a withdrawal.

[Fishhead]

I see nothing wrong with them requiring a 4X rollover on incoming b2b transfers. They're not NETeller. They want you to place/accept offers, not move money through them.

That said, I think they should accept as many as you want to send them and merely require a 4X rollover on all of them before allowing a withdrawal.

bingo

[michael777]

i wanted to fedex them a bank check last year,they refused to take it

[goblue12]

Their juice for spread sports is way off the .01 cent lines these days.

Pinnacle and their .08 cent lines is slowly becoming "the market" once again for us bad line bettors.

[Dark Horse]

A 4x rollover for nothing but a deposit, despite of what some might say here, is definitely not normal. A 1x rollover for that is pretty much standard.

[Fishhead]

A 4x rollover for nothing but a deposit, despite of what some might say here, is definitely not normal. A 1x rollover for that is pretty much standard.

Be very, very happy that MB does tranfers with other fine books.................I'M MORE THEN WILLING TO ACCEPT THE 4X ROLLOVER........HELL, I WOULD EXCEPT AN 6X ROLLOVER FOR THE PLEASURE OF DOING TRANSFERS AS PLEASANTLY AS MATCHBOOK DOES THEM.

[Dark Horse]

Well, to each their own. lol

[Fishhead]

Well, to each their own. lol

Be thankful

I for one appreciate MB's willingness to work with their clients in providing much needed transfers.

I WISH MORE BOOKS WOULD ADOPT THEIR POLICY.

[hhsilver]

For most books , betting both sides of a game would be a no-no as far as rollovers are concerned. But what about MB? Many who play there are arbing/scalping. Does having about 100 on opposing teams count as 200 toward rollover ?

[Mudcat]

I don't begrudge Matchbook or Greek their 4x rollover on B2B transfers. Don't blame them. Blame people who abused them - openly used them as a "pass-through" - when the rollover was lower.

People talked openly on this forum about how they had no intention of giving Greek/Matchbook any action and they were just using them as a processor.

Voila - 4x rollover.

[patswin]

It was only a matter of time before they started to add on a rollover. Wait a few months or a year and it will be 8x

[Bill Dozer]

It makes sense. Their margins being so low, they would come out at a loss if bettors avergaed closer to 1x than 4x. Now that football is ending and people want their money that avg probably goes down.

[Dark Horse]

I don't begrudge Matchbook or Greek their 4x rollover on B2B transfers. Don't blame them. Blame people who abused them - openly used them as a "pass-through" - when the rollover was lower.

People talked openly on this forum about how they had no intention of giving Greek/Matchbook any action and they were just using them as a processor.

Voila - 4x rollover.

It's not quite like that.

They checked my activity and realized that I hadn't used them for pass-through.

That was the reason for them to accept an incoming deposit, at 4x rollover. Before they had checked that, they refused the deposit.

So they stepped everything up a notch. No abuse of system => 4x rollover, because of those who abused it. Abuse of system => no deposit. How does that make sense?

If they can see that someone didn't abuse the system, give him a 1x rollover. And if people did abuse it, give them 4x rollover.

I didn't accept the 4x rollover, because to me MB just isn't that good anymore. I have no need for them. And I don't trust what is going on behind the scenes.

But in any case, the real question is not if it is justifiable or not to refuse incoming deposits from those who abused their system. The real question is if you want reduced liquidity based on that. This is an exchange...

[xKMACKx]

I did a transfer from 5Dimes to Matchbook and it was x2 back than and that was only like a month ago so they must of notched it up.

[durito]

A 4x rollover for nothing but a deposit, despite of what some might say here, is definitely not normal. A 1x rollover for that is pretty much standard.

It's been 4 at greek/jm for nearly 2 years now on transfers in

[blix177]

I just transferred $800 from MB to 5dimes last night, and did a $4k transfer from another book to matchbook 2 min ago. Money is in there without a hitch.

[Chuck Sims]

As long as MB tells you at the time of the transfer that 4x rollover is required, I do not have a problem with that. I also do not have a problem with a case by case rollover requirement.

What I do have a pronlem is the denial of a deposit. I was denied the ability to add liquidity to their Heisman markets. Makes no sense. Even with a 4x rollover, they did not want my deposit.

[blix177]

As long as MB tells you at the time of the transfer that 4x rollover is required, I do not have a problem with that. I also do not have a problem with a case by case rollover requirement.

What I do have a pronlem is the denial of a deposit. I was denied the ability to add liquidity to their Heisman markets. Makes no sense. Even with a 4x rollover, they did not want my deposit.

This must be a case by case thing, because I had no problem adding fund. But my fund was in the low 4 figures, and I normally put 2-10k worth of action for them each day.

Did you have a lot of money left in MB? And they know your just going to do a book to book transfer out right away?

[blix177]

BTW just also paid for the transfer B2B to matchbook, via comp credit.

[relaaxx]

should be a case to case - rollover for deposits. it is easy enough to do the 4xx roll. that's not the point. if they do not consider you to be abusing the deposit/withdrawl system in place, 1xx roll should be enough. without any bonus or even comp credits. they get your money free and a chance that you lose it. all of it. during the 1xx roll before you can withdraw. not accepting a deposit at all is just dumb. what could possibly be a valid reason for not accepting a deposit. a deposit that carries a 4xx roll and no bonus. anyone who deposits just makes it better for everyone else. the more money out there the better. wish i knew what was really going on at this place. i've always listed them as my #1 place to be with, but lately i feel worried about the future at matchbook. the recent past has sucked. whoever is running this place may just run it into the ground.

[Doug]

this is bizarre, Chuck !

I'm running out of books, I have confidence in.

If Matchbook turns to SHIT, I think I'll have to quit gambling.

[TigerPawsSC]

Every time I think a book is safe, I learn something new that makes me wonder. Am I going to have to move to Vegas?!

[Fishhead]

this is bizarre, Chuck !

I'm running out of books, I have confidence in.

If Matchbook turns to SHIT, I think I'll have to quit gambling.

Doug, if MB became non-existant, the other books would take a big hit also..........and you know the many reasons why.