Sportsbook.com Bouncing Checks Returned NSF

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  • domaineers
    SBR Rookie
    • 01-05-11
    • 5

    #1
    Sportsbook.com Bouncing Checks Returned NSF
    Just received notification from my bank today 01/05/2011, that my withdrawal check for $600.24 from Sportsbook.com bounced, Returned for NSF. I would think twice before depositing your money if they can't even cover $600 dollars. Now I'm out $600 bucks plus the $150 in overdraft charges and fees.
  • bigugly
    SBR MVP
    • 01-04-08
    • 1329

    #2
    And you didn't try talking to their customer service to recover your funds?
    Comment
    • domaineers
      SBR Rookie
      • 01-05-11
      • 5

      #3
      I contacted them via email this morning but big surprise I haven't heard anything back yet. I will be calling them this evening but I'm sure I'll get the run around and will probably take weeks to get resolved, if ever.
      Comment
      • bigugly
        SBR MVP
        • 01-04-08
        • 1329

        #4
        Well I don't know how effective filing a complaint with SBR against sportsbook is, but it's worth a shot if things don't get settled.
        Comment
        • Legions36
          SBR MVP
          • 12-17-10
          • 3032

          #5
          Why dont you just call them and quit complaining. It probably bounced not cause they dont have the money but it would be because of the processor end side, thats why it bounced. I would suggest make a coppy of the bounced check if you can or bank statement and email it to them so they have it. They will cut you another check. But my next question would be why didnt you just have them wire or *** much more convient and faster???
          Comment
          • domaineers
            SBR Rookie
            • 01-05-11
            • 5

            #6
            The check bounced due to NSF not some processor BS they tell you to by themselves time. I had my bank call and verify. I have recieved checks in the past that went thru fine. Not to mention I was charged $150 by my bank for the returned check and overdraft fees which I will never see. To answer your last question, I would never give them my bank account info. You would have to be nuts. That gives them access. They could easily empty your bank account in a split second and then your screwed. Not that its not insured by the bank but your talking weeks or months before it is resolved. No thank you I'll take paper checks.
            Comment
            • Legions36
              SBR MVP
              • 12-17-10
              • 3032

              #7
              Originally posted by domaineers
              The check bounced due to NSF not some processor BS they tell you to by themselves time. I had my bank call and verify. I have recieved checks in the past that went thru fine. Not to mention I was charged $150 by my bank for the returned check and overdraft fees which I will never see. To answer your last question, I would never give them my bank account info. You would have to be nuts. That gives them access. They could easily empty your bank account in a split second and then your screwed. Not that its not insured by the bank but your talking weeks or months before it is resolved. No thank you I'll take paper checks.
              Then this is what you would deal with then if you dont trust bank stuff. So don't talk bad about them and like i said to make copys and send it to them they will take care of the bank charges im sure of it. I understand what your going through and your mad but you will get your money. Also if your scetchy about giving them your bank stuff just use the *** feature, money will be in your bank account in two days,1day to you *** and another from there to your bank. Been using these methods for years and never had any issues and not to mention its free from sportsbook to *** but costs $30 from *** to your bank up to 10k which is a fair price. Trust me look into this best method, keep me posted.
              Comment
              • Igetp2s
                SBR MVP
                • 05-21-07
                • 1046

                #8
                The processor probably got closed down or something. Its highly unlikely that Sportsbook.com didn't have $600 in cash to pay you.
                Comment
                • domaineers
                  SBR Rookie
                  • 01-05-11
                  • 5

                  #9
                  Update: Someone called me from Sportsbook.com this morning and said they will reissue a new check to cover bounced check or send **. Plus they credited my sportsbook account the $150 for the overdraft charges. So far so good. Will update when I receive the money.
                  Comment
                  • Legions36
                    SBR MVP
                    • 12-17-10
                    • 3032

                    #10
                    Originally posted by domaineers
                    Update: Someone called me from Sportsbook.com this morning and said they will reissue a new check to cover bounced check or send **. Plus they credited my sportsbook account the $150 for the overdraft charges. So far so good. Will update when I receive the money.
                    See what did i tell you brother, Sportsbook.com is good ive been there for 6years always good to me and always got my doe. Only thing is i really don't understand why they are rated D its kinda obsured to me as they should be an A from what i see with them, definately should be upgraded thats for sure.
                    But like i said before look into *** its good and really quick, plus you can use it at other books and some poker sites just so you know...
                    Comment
                    • jackkkk2009
                      SBR MVP
                      • 07-13-09
                      • 1183

                      #11
                      If you are a US player, the best way to withdraw from that site is bank wire or ***.
                      Comment
                      • upstatebenwa
                        SBR Rookie
                        • 01-13-11
                        • 9

                        #12
                        What is ***? I have bank wire set up.
                        Comment
                        • big joe 1212
                          SBR Posting Legend
                          • 06-01-08
                          • 19380

                          #13
                          Did he ever get the money?
                          Comment
                          • Legions36
                            SBR MVP
                            • 12-17-10
                            • 3032

                            #14
                            Originally posted by upstatebenwa
                            What is ***? I have bank wire set up.
                            You must deposit the min its on the deposit menu, after you do that you will get the withdraw option in the menu. Wait i forgot that might not be right just call them and ask them how to do it cause you have to open the *** account first. And then deposit like $50 or something then it gets unlocked. Also remember i have never heard of any issues with this method not even once.
                            Comment
                            • AribaAriba
                              SBR MVP
                              • 04-03-09
                              • 2922

                              #15
                              bouncing check is a serious thing, crediting you with the charges of 150 goes to show you that it was their "fault"
                              Comment
                              • WileOut
                                SBR MVP
                                • 02-04-07
                                • 3844

                                #16
                                Originally posted by AribaAriba
                                bouncing check is a serious thing, crediting you with the charges of 150 goes to show you that it was their "fault"
                                It happens. The gubment tries to seize funds for themselves and when that happens checks will bounce, even if you are playing at Bookmaker or Greek. I had a check from Greek bounce once but luckily I understood that this type of thing happens in the current hostile environment. So I didn't panick, let the Greek know, and was paid another check within a few days.

                                The paying of 150 is simply a nice gesture by sportsbook.
                                Comment
                                • Legions36
                                  SBR MVP
                                  • 12-17-10
                                  • 3032

                                  #17
                                  Originally posted by AribaAriba
                                  bouncing check is a serious thing, crediting you with the charges of 150 goes to show you that it was their "fault"
                                  I think it goes to show how far Sportsbook.com has come over the years. SBR enough already time for an upgrade, there is plenty others that feel this way.
                                  Comment
                                  • GordonGecko2011
                                    SBR High Roller
                                    • 01-13-11
                                    • 157

                                    #18
                                    Not receiving withdraw

                                    I have been a member of Sportsbook.com for years...I always lost money with them so really didn't make withdraws....towards the end of last year I hit a hot streak....I would cash out $750 - $2000 each week this was for about 3 weeks straight. Right before New Years, I withdrew $3200. They said it was processed and sent to the their processor on 12/29...Usually I receive my funds via fed wire within 48 hours...We are 1/12 and I still have not received my funds. They said there is an issue with their processor and that I should receive my funds tomorrow...they have said this 3 days in a row....now they are saying they will contact me in 24-48 hours to let me know what is going on.

                                    I am starting to feel like I am not going to get my money. Hopefully this isn't true. Was hoping to use some of that money for next weeks playoff games.
                                    Comment
                                    • Mikail
                                      SBR Posting Legend
                                      • 07-19-09
                                      • 21689

                                      #19
                                      This is why I avoid checks at all costs. I will only accept a check in rare circumstances and if I do I wait for it to clear before I move any funds from the deposit.
                                      Comment
                                      • jimmymac24
                                        SBR Hustler
                                        • 05-30-09
                                        • 95

                                        #20
                                        Originally posted by Mikail
                                        This is why I avoid checks at all costs. I will only accept a check in rare circumstances and if I do I wait for it to clear before I move any funds from the deposit.
                                        Sportsbook.com was doing real well with withdrawals last year especially the *** option. However lately they have been scaring me a little bit. I am a very large player and have been doing real well. last year they would process within a day and i would see funds in my bank account in 3 days after that. Now it is taking a week to process only after i complain and email them constantly. I tried another withdrawal last week and was told they are running 48 hrs behind normal. They are slow paying me for sure. They say its because of the government and not because they dont have the money. I always have gotten paid but sometimes they just take so long it makes it annoying.

                                        i knew it was too good to be true when they were processing same day or next day worse case. Its gonna take me a month to get my money out. In the meantime i am at risk of losing alot back.
                                        Comment
                                        • tofuman
                                          SBR Wise Guy
                                          • 01-11-10
                                          • 887

                                          #21
                                          B of A agrees to $410 million settlement- AP
                                          BkofAma is agreeing to pay $410 million to settle a lawsuit about overdraft fees. A spokeswoman for the nation's largest bank said Saturday that it is "pleased to reach a fair resolution" to the case.
                                          local forum troll
                                          Comment
                                          • Legions36
                                            SBR MVP
                                            • 12-17-10
                                            • 3032

                                            #22
                                            Originally posted by jimmymac24
                                            Sportsbook.com was doing real well with withdrawals last year especially the *** option. However lately they have been scaring me a little bit. I am a very large player and have been doing real well. last year they would process within a day and i would see funds in my bank account in 3 days after that. Now it is taking a week to process only after i complain and email them constantly. I tried another withdrawal last week and was told they are running 48 hrs behind normal. They are slow paying me for sure. They say its because of the government and not because they dont have the money. I always have gotten paid but sometimes they just take so long it makes it annoying.

                                            i knew it was too good to be true when they were processing same day or next day worse case. Its gonna take me a month to get my money out. In the meantime i am at risk of losing alot back.
                                            Well i just did the same thing last week and they say 4-6 weeks for bank wire and it used to only take3 days just like u, but i wouldn't worry that they wont pay cause they just popped a big processor that deals with these wires and i think its affecting alot of sites, 5dimes just stopped this method as well. Also Pokerstarz and Fulltilt the same thing and there the 2biggest. So i will keep u posted and this sucks as to wait this long is insane. Glad u posted this cause i was wondering if anyone else experienced this.
                                            VOTE FOR BUSH!!!!
                                            Comment
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