BetPhoenix Payout Report

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  • bigugly
    SBR MVP
    • 01-04-08
    • 1329

    #1
    BetPhoenix Payout Report
    Requested the payout early this morning via MAILED XXXXX.

    The BetPhoenix website says:

    Request a payout by Xxxxx and receive 1 free payout every 30 days for up to $2000. Xxxxx payouts are a fast secure way to receive your money. Xxxxx are processed Tuesday through Thursday, processing time is 24 to 48 hours and your xxxxx will arrive within 3 to 4 business days. Contact Member Services to submit your request 1.888.889.4368


    From everything I've heard on the forum recently, this is not so. I guess I could be in for a bit of a wait. Knowing this, I thought I would do the forum a favor and document the process. I don't mind a little wait, but 2+ week is a little ridiculous. Hopefully they treat me well even though I have been winning over the last several months.
  • KGambler
    SBR MVP
    • 07-09-09
    • 2404

    #2
    I was told this week that there is a moratorium on xxxxx cashouts and that I could switch to a xxxx withdrawal instead. I have read on this forum that others havhecke been told the same thing. You should probably contact them via live chat and ask when to expect the xxxxx. They will probably then offer to do a xxxx transfer.
    Comment
    • bigugly
      SBR MVP
      • 01-04-08
      • 1329

      #3
      The person said the amount should be deducted from my account and sent out within 48 hours, and then another 3-5 days to receive it. Who knows how accurate this is. I will give them a call if it appears my money is not being sent out.

      Are there any fees associated with the xxxx transfer? Also, know anything about limits for xxxx transfer? Sounds like a good idea.

      Thanks for the info.
      Comment
      • blix177
        Restricted User
        • 09-20-08
        • 1520

        #4
        From what I notice, most of the delays are for people outside of the States. You might have better luck and a faster turn-over time if you live in the States.
        Comment
        • Rollins08
          SBR MVP
          • 04-20-07
          • 1337

          #5
          You will recieve your xxxxx, but it is rarely as fast as they claim. They are a very tough B+ book to deal with.
          Comment
          • John Morrison
            SBR MVP
            • 08-31-09
            • 1531

            #6
            bet phx is garbage , thumbs down
            Comment
            • Holtgetsback
              SBR MVP
              • 01-04-10
              • 4655

              #7
              Comment
              • lakerboy
                SBR Aristocracy
                • 04-02-09
                • 94379

                #8
                I was told that the Xxxxx option doesnt exist when i requested a payout yesterday. THey told me ** in 24-72 hours. My acct balance is still the same today.
                Comment
                • pokerplayer22
                  SBR MVP
                  • 05-09-09
                  • 1207

                  #9
                  Isnt it sad that we even have to have a thead titled "Betphoenix Payout Report"???
                  Comment
                  • 50cent
                    SBR Wise Guy
                    • 07-08-09
                    • 557

                    #10
                    the best thing for you is to get your money out and play at the greek or betjam.l
                    Comment
                    • DIF
                      Restricted User
                      • 08-30-05
                      • 648

                      #11
                      recieved payout. 5days moneybookers (european player) $800. Much better than than expected.(They told my friend 7-10 businessday but it took 5 days.)

                      also read ; bookmakers2u.com
                      Comment
                      • DIF
                        Restricted User
                        • 08-30-05
                        • 648

                        #12
                        yes the balance will be the same until they proceed it.
                        Comment
                        • sjm5122
                          SBR MVP
                          • 09-22-08
                          • 4213

                          #13
                          Anyone know how long it takes for a xxxx transfer to show up in my bank account? I spoke to them a couple days ago and they said they would proceed with the xxxxe transfer, and cleared my betphoenix account that day, but the money hasn't shown up in my bank account 2 days later. Is this normal?
                          Comment
                          • Ella600
                            SBR Hustler
                            • 01-15-10
                            • 83

                            #14
                            ive seen some xxxxx take up to 7 business days. Depends on your bank also, sometimes they hold it for a little while.
                            Comment
                            • sjm5122
                              SBR MVP
                              • 09-22-08
                              • 4213

                              #15
                              ok thanks ella. I wasn't sure, but was going to wait until Friday before I bugged them again.
                              Comment
                              • Absolutelyonfire
                                SBR Sharp
                                • 04-28-10
                                • 307

                                #16
                                Received 4K payout from BP a few days ago , which was requested on April 28.

                                I now have all funds out of BP and I'll never be back !!
                                Comment
                                • lakerboy
                                  SBR Aristocracy
                                  • 04-02-09
                                  • 94379

                                  #17
                                  going to get my ** today. they had the reference # last night.
                                  Comment
                                  • sjm5122
                                    SBR MVP
                                    • 09-22-08
                                    • 4213

                                    #18
                                    Received my payout today via xxxx. All said and done it took about 10 business days. but the wire arrived 3 days after they withdrew the money from my account.
                                    Comment
                                    • lakerboy
                                      SBR Aristocracy
                                      • 04-02-09
                                      • 94379

                                      #19
                                      got my ** payout today 2 days after request but they did have the ctrl # yesterday. lets see what happens next week when i ask for another ** payout(since thats my only option). I will hold criticism for now as the service was okay this time.
                                      Comment
                                      • sdtrader
                                        SBR Wise Guy
                                        • 01-23-09
                                        • 536

                                        #20
                                        So how long is it taking to get a regular xxxx from BetPhoenix? I am thinking about using this method since the ** fees are so high.
                                        Comment
                                        • kaos7613
                                          SBR Rookie
                                          • 05-11-10
                                          • 39

                                          #21
                                          Comment
                                          • PRC
                                            SBR Wise Guy
                                            • 10-22-09
                                            • 576

                                            #22
                                            They don't allow parlays most of the time
                                            Comment
                                            • sdtrader
                                              SBR Wise Guy
                                              • 01-23-09
                                              • 536

                                              #23
                                              Talked to BP on the live chat, they said they are getting a new processor and xxxxx will be back in 2 weeks
                                              Comment
                                              • bigugly
                                                SBR MVP
                                                • 01-04-08
                                                • 1329

                                                #24
                                                Originally posted by sdtrader
                                                Talked to BP on the live chat, they said they are getting a new processor and checks will be back in 2 weeks
                                                Just found this out in live chat this morning also. They should have told me earlier via email. They said they are temporarily offering xxxx. It might only be offered to those requesting larger amounts of money.
                                                Comment
                                                • bigugly
                                                  SBR MVP
                                                  • 01-04-08
                                                  • 1329

                                                  #25
                                                  Right now I am feeling pretty good about betphoenix. Sure, they are slightly dysfunctional, but pretty much every book seems to be like that. It don't feel like I'm getting the run around or anything yet. We'll see how the bankwire goes.
                                                  Comment
                                                  • KGambler
                                                    SBR MVP
                                                    • 07-09-09
                                                    • 2404

                                                    #26
                                                    Thursday May 6th - I request a cashout by xxxxx.

                                                    Tuesday May 18th - I ask about my cashout. They tell me some BS about IT is working on their system and all checks will go out next week

                                                    Drew: Hello and welcome
                                                    Drew: How may I help you?
                                                    Mike: Hi. I am wondering about the status of my cashout
                                                    Drew: Which method was this and for how much please
                                                    Mike: $2500, xxxxx
                                                    Drew: All checks right now are to be sent out next week at the earliest. This is according to the accounting department who is working with IT to get our mailer system working at full capacities again
                                                    Mike: So my xxxxx will go out next week?
                                                    Drew: Correct
                                                    Mike: OK, thanks. Goodbye


                                                    Monday May 24th - I ask about the status of my cashout. They tell me that they are having problems with xxxxxxand I should switch to a xxxx transfer. They say the xxxx transfer will take 3-4 days.

                                                    Wendy: one sec let me check
                                                    Mike: thanks
                                                    Wendy: which method did you requested
                                                    Mike: Xxxxx
                                                    Wendy: ok sir we still having a little delay with xxxxxx so they are taking from 1-2 weeks to be process so what we are offering right now is xxxx
                                                    Wendy: and is taking from 3-4 days to be process and to be in your account
                                                    Mike: OK, I would like a xxxx then
                                                    Wendy: ok this is going to be an international transfer so i need you to send me all the information to memberservices@betphoenix.com
                                                    Wendy: i need all the bank information


                                                    Friday May 28th (today) - I contact them at noon to inquire when the wire transfer will hit my bank account. They tell me that the accounting department is not open yet and to try back in 30 minutes to an hour.

                                                    After more than an hour I check back. I am told that accounting is already looking into it, and can they please email me? I say OK, please send me an email.

                                                    8:30 PM NO EMAIL

                                                    Alex: Hello. How may I assist you?
                                                    Mike: Hi. Someone was supposed to email me concerning the status of my cashout, but no one ever did. I requested a xxxx transfer on Monday and was told it would take 3-4 days. When can I expect the money to hit my bank account?
                                                    Alex: if the xxxx did not hit the bank account this week it should be in the account this following week
                                                    Alex: can you please contact us on Monday so we can check with accounting
                                                    Mike: How about tomorrow?
                                                    Alex: from 9 am to 7 pm ET
                                                    Alex: tomorrow
                                                    Alex: accounting and bank is close
                                                    Mike: And Monday is a holiday
                                                    Alex: we would not be able to check the status
                                                    Alex: its a holiday in the states
                                                    Alex: not over here
                                                    Mike: I was told at noon today to check back in an hour when accounting was in. When I checked back in I was told accounting would email me. NO EMAIL
                                                    Alex: in Costa Rica
                                                    Mike: Banks aren't close here Saturday, Sunday or Monday
                                                    Alex: please contact us tomorrow we can try checking with accounting but I would be lying to you if I gave you a status or promise you a email or call back Sir
                                                    Mike: OK, I understand. Goodbye
                                                    Comment
                                                    • big joe 1212
                                                      SBR Posting Legend
                                                      • 06-01-08
                                                      • 19380

                                                      #27
                                                      [quote=KGambler;4780889]Thursday May 6th - I request a cashout by xxxxx.

                                                      Tuesday May 18th - I ask about my cashout. They tell me some BS about IT is working on their system and all checks will go out next week

                                                      Drew: Hello and welcome
                                                      Drew: How may I help you?
                                                      Mike: Hi. I am wondering about the status of my cashout
                                                      Drew: Which method was this and for how much please
                                                      Mike: $2500, xxxxx
                                                      Drew: All checks right now are to be sent out next week at the earliest. This is according to the accounting department who is working with IT to get our mailer system working at full capacities again
                                                      Mike: So my xxxxx will go out next week?
                                                      Drew: Correct
                                                      Mike: OK, thanks. Goodbye


                                                      Monday May 24th - I ask about the status of my cashout. They tell me that they are having problems with xxxxxxand I should switch to a xxxx transfer. They say the xxxx transfer will take 3-4 days.

                                                      Wendy: one sec let me check
                                                      Mike: thanks
                                                      Wendy: which method did you requested
                                                      Mike: Xxxxx
                                                      Wendy: ok sir we still having a little delay with xxxxxx so they are taking from 1-2 weeks to be process so what we are offering right now is xxxx
                                                      Wendy: and is taking from 3-4 days to be process and to be in your account
                                                      Mike: OK, I would like a xxxx then
                                                      Wendy: ok this is going to be an international transfer so i need you to send me all the information to memberservices@betphoenix.com
                                                      Wendy: i need all the bank information


                                                      Friday May 28th (today) - I contact them at noon to inquire when the wire transfer will hit my bank account. They tell me that the accounting department is not open yet and to try back in 30 minutes to an hour.

                                                      After more than an hour I check back. I am told that accounting is already looking into it, and can they please email me? I say OK, please send me an email.

                                                      8:30 PM NO EMAIL

                                                      Alex: Hello. How may I assist you?
                                                      Mike: Hi. Someone was supposed to email me concerning the status of my cashout, but no one ever did. I requested a xxxx transfer on Monday and was told it would take 3-4 days. When can I expect the money to hit my bank account?
                                                      Alex: if the xxxx did not hit the bank account this week it should be in the account this following week
                                                      Alex: can you please contact us on Monday so we can check with accounting
                                                      Mike: How about tomorrow?
                                                      Alex: from 9 am to 7 pm ET
                                                      Alex: tomorrow
                                                      Alex: accounting and bank is close
                                                      Mike: And Monday is a holiday
                                                      Alex: we would not be able to check the status
                                                      Alex: its a holiday in the states
                                                      Alex: not over here
                                                      Mike: I was told at noon today to check back in an hour when accounting was in. When I checked back in I was told accounting would email me. NO EMAIL
                                                      Alex: in Costa Rica
                                                      Mike: Banks aren't close here Saturday, Sunday or Monday
                                                      Alex: please contact us tomorrow we can try checking with accounting but I would be lying to you if I gave you a status or promise you a email or call back Sir
                                                      Mike: OK, I understand. Goodbye

                                                      what a circle jerk!
                                                      Comment
                                                      • KGambler
                                                        SBR MVP
                                                        • 07-09-09
                                                        • 2404

                                                        #28
                                                        The money has still not shown up in my account, and now BP's live chat function does not work.
                                                        Comment
                                                        • bigugly
                                                          SBR MVP
                                                          • 01-04-08
                                                          • 1329

                                                          #29
                                                          Any updates, guys? Finally got them my bank info for the xxxx. Now I wait.
                                                          Comment
                                                          • KGambler
                                                            SBR MVP
                                                            • 07-09-09
                                                            • 2404

                                                            #30
                                                            I have an update.

                                                            I had requested a withdrawal back on May 6th by check. It believe it was for $2,500 by xxxxx and $732 by **. This was because xxxxxx can only be requested in $500 increments and ** payments are capped at $850. I received the $732 via ** the next day.

                                                            About two weeks later I inquired about my xxxxx. They told me I would recieve it in one week. One week later I inquired and they told me that they no longer have the ability to pay by xxxxx. This sounds shocking for a B+ book, but when you consider that their "xxxxx" payment method consisted of some dude from Cailfornia sending you a bunch of $500 money orders, with his name and full address right there on the envelope, it's really not all that shocking.

                                                            Anyway, they told me to switch to wire transfer and that it would take 3-4 days. I asked them to do switch my check to a $2,000 wire transfer and send me a $500 **. They agreed. The $500 via ** was available next day. About 5 business days later I found out that they had not even begun to process wire transfer. I asked them to do an $850 **, another $300 ** and an $850 ** instead. They agreed. The money was ready to be picked up the next day.

                                                            Cliff notes
                                                            - they don't have the ability to send checks

                                                            - their time lines for wire transfers are pure fantasy, and they seemingly use the whole "send me your info" thing as a stall contact considering you can send them 100% of the info they need and they will wait until you contact them a week later to suddenly tell you that they need more (which they don't)

                                                            - ** and ** payouts are fast, but expensive. Request payouts via wire transfer and get them committed to a time line. They know people are raising hell about getting slow payed here on SBR's forums (although SBR protects them by not putting it on the front page, unlike non-advertising books). This means they will be willing to change to no charge ** and ** payments as long as they are late with the wire transfer. So when the time line comes and goes and they haven't sent you the wire transfer yet, demand multiple payments via ** or **.
                                                            Comment
                                                            • eenymeenyminymoe
                                                              SBR Rookie
                                                              • 01-04-10
                                                              • 19

                                                              #31
                                                              I'm in the same boat. I submitted my xxxx transfer info yesterday and they did deduct funds from my account today hopefully it will land in my account in 3-5 biz days. They have already given me a no fee money gram for $850 so they seem to be making an effort. I'll let everyone know if and when the wire transfer lands, hopefully soon.
                                                              Comment
                                                              • bigugly
                                                                SBR MVP
                                                                • 01-04-08
                                                                • 1329

                                                                #32
                                                                eenymeenyminymoe, did you get your money yet?

                                                                So betphoenix promised me a xxxx, and it took them almost a week, but they did have the money out of my account on the last possible day promised. So I think the xxxx should be being processed. I was going to be pretty frustrated and unhappy if the money was still in my account by day's end. I'll hopefully have an update later this week regarding my situation.
                                                                Comment
                                                                • Fishhead
                                                                  SBR Aristocracy
                                                                  • 08-11-05
                                                                  • 40179

                                                                  #33
                                                                  Had some close friends paid this past week, this is a good sign.

                                                                  Current rating....C
                                                                  Comment
                                                                  • bigugly
                                                                    SBR MVP
                                                                    • 01-04-08
                                                                    • 1329

                                                                    #34
                                                                    Good news, Fish.

                                                                    I was told my money would be in my bank account by the end of tomorrow. I'll report back soon.
                                                                    Comment
                                                                    • Checkerboard
                                                                      SBR Hall of Famer
                                                                      • 05-15-06
                                                                      • 7799

                                                                      #35
                                                                      Originally posted by bigugly
                                                                      Good news, Fish.

                                                                      I was told my money would be in my bank account by the end of tomorrow. I'll report back soon.
                                                                      yep, please let us know with a follow up bigugly, thanks
                                                                      Comment
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