GP limits slashed at Matchbook
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pirateSBR High Roller
- 05-18-08
- 216
#1GP limits slashed at MatchbookTags: None -
Keith RichardSBR MVP
- 07-06-06
- 1576
#2Wow...that is not a good sign.Comment -
StacocakesSBR Hall of Famer
- 04-10-08
- 7126
#3hmm why would a book slash deposit limits....you would think they would take as much money as they could get ......Comment -
PeepSBR MVP
- 06-23-08
- 2295
#4The reason would be they are flooded with GP, don't think it is redeemable I would imagine.Comment -
coldhardfactsSBR Wise Guy
- 10-19-07
- 717
#5If this change is permanent, it sadly marks the beginning of the end of Matchbook as a viable option for any serious US bettor. They don't accept ** or **, so there is virtually no practical means of depositing funds.Comment -
RonPaul2008SBR Hall of Famer
- 06-08-07
- 6741
#6
Matchbook is solid, they consistently send out sportsbook transfers very fast and without a max.
They also accept transfers from several highly ranked books free of charge.
Who the **** uses GP anyhow?Comment -
jackkkk2009SBR MVP
- 07-13-09
- 1183
#7that really sux. why they have to cut GP's deposit limits for US players?Comment -
coldhardfactsSBR Wise Guy
- 10-19-07
- 717
#8Bullshit, what it sounds like is they are worried about the stability of GP.
Matchbook is solid, they consistently send out sportsbook transfers very fast and without a max.
They also accept transfers from several highly ranked books free of charge.
Who the **** uses GP anyhow?
But sports bettors can't live by interbook transfers alone. And I know of no other even remotely convenient way to get money to them. In the long term, this will have a devastating effect on MB's market liquidity.
Further, if they are worried about the stability of GP they should suspend dealings with them altogether and alert their customers, many of whom have significant balances there.Comment -
BrianLavertySBR MVP
- 07-02-07
- 2183
#9Didn't this happen about a month ago? Anyway, If nothing else, you can always use EChecks on matchbook.... but yeah, this does suckComment -
bookieSBR MVP
- 08-10-05
- 2112
#10[QUOTE=BrianLaverty;7555449]Didn't this happen about a month ago? \/QUOTE]
Yeah it did. GP ran into some ** issues and MB cut them way down. They did the same thing with the Greek a while back too, so hopefully this is just a precaution that they'll decide pretty quickly isn't necessary to continue. If not...what a quandary for ParlayMakers.Comment -
bookieSBR MVP
- 08-10-05
- 2112
#11pirate...where did you get your info?
According to the site limits are $2500, and MB live chat confirmed that.Comment -
pirateSBR High Roller
- 05-18-08
- 216
#12
Strange....I'm looking at the GP deposit site on Matchbook right now and it says 200 per day, 400 per week, and 800 per month. I also contacted live chat and they confirmed it. Maybe only US customers???Comment -
tofumanSBR Wise Guy
- 01-11-10
- 887
#13just use bank wire, you can wire as much money you want to themlocal forum trollComment -
xstudSBR MVP
- 01-12-08
- 1643
#14yeah GP limits were cut, I see the same as pirate.... I think GP's attempts at becoming a true e-wallet to USA customers just will not ever happen. Most books have pretty low deposit limits monthly for GP (around 1k a month)Comment -
Igetp2sSBR MVP
- 05-21-07
- 1046
#16Why does GP bother with the whole Gold gimmick. Why can't they just be a regular processor? It doesn't do anything for them.Comment -
Trucker GeorgeSBR High Roller
- 01-09-10
- 194
#17But sports bettors can't live by interbook transfers alone. And I know of no other even remotely convenient way to get money to them. In the long term, this will have a devastating effect on MB's market liquidity.
This single problem I believe has already had a "devastating effect" on MB's markets. Players don't like to jump through multiple hoops to make a deposit. GP is an additional hoop, but at least it worked. Players who are willing to jump through that additional hoop can get money in MB relatively easy. Whatever hoops are in place need to be easy to jump through and the less hoops the better.
Enough jumping through hoops talk.
The bigger "devastating effect" to MB markets' liquidity has already occurred and that happened in 2007 when NETELLER when down for US players. I believe betting exchanges (with MB at the forefront for US players) were set to be the wave of the future at that time. Players were just learning about how to use exchanges and how awesome super low juice can be. Players recognized that traditional books were still necessary for some types of bets that exchanges are not well suited for, but as far as straight bets against the spread, moneylines and totals are concerned, I think there was a major shift getting ready to happen in which many, many players would have begun cutting out the bookie via exchange betting. If it was still easy to move money as it was pre-2007, not only would MB be thriving, but I am sure a host of other betting exchanges catering to US players would have sprung up as well. When moving money became less easy than clicking your mouse, only MB was established enough to survive.
But woulda, coulda, shoulda is usually not productive thinking. And what would have been or should have been is not reality. We US players live in a UIGEA, no-NETELLER world where our government is waging a silent war against online gambling and no one cares, except the very few sportsbettors who are trying to survive in this hostile and full of bullshit environment.Comment -
pirateSBR High Roller
- 05-18-08
- 216
#19Comment -
gaflSBR Wise Guy
- 08-07-06
- 656
#20With all the problems the USA has, sports gambling should rank low on its priority list.Comment -
Trucker GeorgeSBR High Roller
- 01-09-10
- 194
#21B of A has been way over the top in their response to the UIGEA. They have gone above and beyond what the law requires for compliance. I'm basing this opinion from just what I remember reading in the forums over the last few years about this bank. Someone at that place must really have a thing against online gambling to take it as far as they have. Maybe their CEO is a bible-thumping "gambling is evil" believer or something, but not only wouldn't I use that bank for anything gambling-related, I wouldn't use them, period.Comment -
coldhardfactsSBR Wise Guy
- 10-19-07
- 717
#22Yea, well, one of the reasons we have all of the problems we do is because the Govt has decided that things like sports gambling, pot smoking, tax cuts for billionaires etc., are a high priority.Comment -
ABEHONESTSBR Hall of Famer
- 06-27-09
- 9470
#23I've already slammed GP for many reason that I don't care to discuss any longer!
Two words will describe my experience with them:
They SUCk!Comment -
testudoSBR High Roller
- 09-07-10
- 176
#24Who currently owns Matchbook?Comment -
actionjunkeeSBR High Roller
- 11-15-10
- 124
#25i'm really bugged about this matchbook stuff. do you know how many hours i have searched, studied, read the fine print (on *******, matchbook, xoom, bookmaker, and more).... sheesh its probably been over 20 hours in the last month!! its so F-ing frustrating! just trying to make a deposit!
what is the deal? if i was a high roller, and had patience to wait 2 weeks for the money to get to them, it would be ok (they say bank wires take 14 days). but i dont have cash; i have credit, and its frickin impossible to use it there (their credit card deposit method has been down for months and seems it won't come back).
i guess to use matchbook ya just gotta bite the bullet and do a bank wire (and have like $1,500 cash to spare/send, to avoid fees)... tired of this, back to the high vig for me!
...didnt mean to just vent... question: does anyone know of an easy/cheap way to deposit there by credit card, a small amount, like $200 to $500? thanksComment -
actionjunkeeSBR High Roller
- 11-15-10
- 124
#26(why the heck do they block out the word 'g.ol.d. pa.y') also if you're wondering about them (GP), it appears even there you can barely deposit now... go to their site, create an account, and all the funding options are blocked out... wtf. ha. over itComment -
ScooterSBR MVP
- 01-15-07
- 1159
#27actionjunkee - "what is the deal? if i was a high roller, and had patience to wait 2 weeks for the money to get to them, it would be ok (they say bank wires take 14 days)."
Info about International Bank Wires from ebay's site - "How long does it take to receive? It varies. 1, 2, 3, and 5 days. My experience is that 2-3 days is an average."
That's my experience also. (Other than the time it got lost for weeks which turned out to be a screwup on the book's part - they'd inputted the wire number or my name incorrectly upon receipt and couldn't connect it to me until they finally woke up).Comment -
Igetp2sSBR MVP
- 05-21-07
- 1046
#28Theres no excuse for taking 14 days for crediting a bank wire. It never should take more than 3 business days.Comment -
BrianLavertySBR MVP
- 07-02-07
- 2183
#29B of A has been way over the top in their response to the UIGEA. They have gone above and beyond what the law requires for compliance. I'm basing this opinion from just what I remember reading in the forums over the last few years about this bank. Someone at that place must really have a thing against online gambling to take it as far as they have. Maybe their CEO is a bible-thumping "gambling is evil" believer or something, but not only wouldn't I use that bank for anything gambling-related, I wouldn't use them, period.Comment -
JohnnythunderSBR MVP
- 11-25-10
- 2161
#30BkofAma is not a place i would trustComment -
Legions36SBR MVP
- 12-17-10
- 3032
#31Gpay is way to much money anyway just to put our hardearned money in there 2% plus more to take out of there and to load into there. Been there and wont go back. Book2book best way for sure and its free. But its good to at least have Gpay incase of emergency!!Comment -
ScooterSBR MVP
- 01-15-07
- 1159
#32B of A stopped handling Wikileaks' account.
Their stock is down - Wiki has stated that they are soon going to release a massive amount of internal documents from a major US bank, detailing illegal/unethical activities.
It's widely believed that the bank is B of A.
Support Wikileaks, and at the same time stop being hassled by B of A for your gambling transactions - close your account there.
"Wikileaks Warns on BkofAma: ‘Place Your Funds Somewhere Safer’ "
"It is not clear exactly what information Wikileaks possesses, but it has been rumored that one of the banks involved in the upcoming megaleak will include BkofAma. According to Assange the bank leak will, “give a true and representative insight into how banks behave at the executive level in a way that will stimulate investigations and reforms.”
We won’t know until the release happens - if it happens - how serious of an issue it will be for BkofAma, but based on today’s Twitter posts this reinforces the theory that BofA is the likely target and whatever Assange has on the company in terms of confidential documents and emails may be enough to seriously impact BkofAma’s business."
Comment -
maxvalue1SBR Sharp
- 11-08-10
- 350
#33can you just send cashiers check via fedex?Comment -
xstudSBR MVP
- 01-12-08
- 1643
#34GPay is run by amateursComment -
maxvalue1SBR Sharp
- 11-08-10
- 350
#35[COLOR=#000000 !important].......can you just send cashiers check via fedex?[/COLOR]Comment
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