When I opened my account at Legends, no one said there was a 10% penalty on my entire balance if I closed my account without a 1X rollover. They're crooks. If SBR gave them an A+ rating, then I wouldn't trust any of the SBR ratings.
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Dave,
Most books won't let you withdraw until you rollover at least once, sometimes more.
Did they tell you before they processed the withdrawal?Comment -
just curious did you receive any kind of bonus?Comment -
Great Question!Originally posted by ncat12Comment -
how can you not expect to rollover 1x? have you ever done that anywhere????????Comment -
Hi ncat12,
No bonus.Comment -
Hi Justin7,
Does this somehow mitigate fraud? If this is their policy, they should tell you before you deposit money in the account, not after.Originally posted by Justin7Comment -
Hi bubba
Yes..Bookmaker.Originally posted by bubbaComment -
these posts have to stop..you would think every book out there is in the business to take your money and are the worst to do business with. I opened an acct with lengendz and asked them if there was a rollover etc....they pay your deposit fees and are in business to book action not to be a bank of sorts.Comment -
Hi nyplayer33,
So what is this forum for? Is there a more appropriate forum for this thread? Legends hasn't ****** you yet, so I should just shut up? This forum is reserved for people who have only nice things to say about their books?Originally posted by nyplayer33Comment -
EXACTLY.Originally posted by nyplayer33
It shows your immaturity when you come on SBR and complain about a 1x rollover. Why even deposit if you're only going to bet some of the money you deposit and then withdraw it immediately?Comment -
How much did you play of that deposit? Was it an Interbook?Comment -
Hi Johnpoints
If I want my money back, I'm immature?Originally posted by JohnpointsComment -
Hi Extra Innings,
About 1/3. I'm not sure what an Interbook is, but the deposit was **.Originally posted by Extra InningsComment -
Well, the only fair resolution I could see is:Originally posted by Dave Head
Your balance goes to you minus any ** fees they covered...that seems fair. But again, they should of warned you of the penalty for early withdrawal.Comment -
Hi Extra Innings,
They deducted the ** fee. I don't have a problem with that. Then they deducted 10% on the balance of the account. That I have a problem with.Originally posted by Extra InningsComment -
Why deposit it if you don't plan on wagering it?Comment -
Look what I found on their site
Payout Policies
If your entire deposit amount(s) is not placed in wagers at least once, any transfer charges associated with the deposit amount(s) as well as a 10% penalty fee will be deducted from the account prior to the withdrawal. Other restrictions may apply.
It is here: http://www.legends.com/banking/Comment -
Hi big joe 1212,
How stupid of me. I should lose it all before I ask for my money back.Originally posted by big joe 1212Comment -
acarmelo1,
Congratulations. I don't doubt that you found some boiler-plate somewhere. I hope that you didn't waste too much time looking for it. If you're trying to say that I wasn't ******, I don't buy it. About your laughing icon, I don't appreciate it. I've had a bad day and you're piling on, so stick that icon up your ass.Originally posted by acarmelo1
Look what I found on their site
Payout Policies
If your entire deposit amount(s) is not placed in wagers at least once, any transfer charges associated with the deposit amount(s) as well as a 10% penalty fee will be deducted from the account prior to the withdrawal. Other restrictions may apply.
It is here: http://www.legends.com/banking/Comment -
you deposited at bookmaker, didnt roll over at least once and withdrew??? what were the numbers in the bookmaker case? what are the numbers in your case? i do say you should be warned when looking to withdraw but i have 0 problem with this policy at all.Originally posted by Dave HeadComment -
You just have to read the rules on all the sportsbook before depositing. Also keep in mind that sportsbooks are not banks. They were not created to store money(because this can be used to launder money), that's why a 1 time rollover exist.Comment -
I concur w/ acarmelo. Most books have this rule in place.Originally posted by acarmelo1Comment -
"Boiler-Plates" count my friend. Lesson learned.Comment -
Originally posted by Dave Head
If you couldn't afford to lose it all you shouldn't have put it in!
So yes, how stupid of you!Comment -
do the rules state this?Originally posted by Dave HeadComment -
Worthless drivel. 1x is a courtesy to the book.Comment -
If it is boiler plate, but EVERY one has the same rule, it's reasonable. I wasn't even aware that some books let you withdraw before meeting 1x rollover.
I'm sorry you're upset. I can see how a person would be surprised by this if they never had bet before... but if you're new, it's more important than ever to read the rules and learn how things operate.Comment -
That sucks if they processed the withdrawal without telling you.Comment -
Why did you deposit that amount in the first place unless you were planning on betting the balance at least once? I mean I can come up with possible scenarios but all are on the sketchy side and probably aren't things that would make any book want you ever as a potential customer... In other words I think there is alot more to the OP story as it makes no sense to deposit (I'm making up numbers) say a dime if you only going to bet a couple hundred and want a withdraw without a least having the intention to put the money in action at least once and (if the OP was trying something similar to what I have in mind) he should have been aware enough to having taken the time to find out the rule about rollover given that these type of rules are pretty universal and the outcome of not providing any significant action was a likely outcome of OP's deposit...Comment
