matchbook slow pay for us customers?
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bookieSBR MVP
- 08-10-05
- 2112
#71Comment -
donkdownRestricted User
- 07-09-09
- 4423
#72BS bookie send a 10k wire!! U will be listed as a pro gambler and never have a problem again!! Shame there isn't MB here anymore..Comment -
MeMyselfandEyeSBR Rookie
- 02-16-11
- 15
#73Gentlemen,
For the record this is my own take on Matchook. I am not starting rumors…just asking a few questions..I have a financial background and I see some things that do not add up here…
Isn’t slow paying the first assign of liquidity issues? I mean, most people who are having trouble financial start to slow pay their bills, then the stop altogether…
A possible scenario is they want to shore up their balance sheet..slow paying would stop the immediate flow of withdrawals…, make it look stronger in the short term.
And since the rest of the industry still allows FED-EX check to your door, why cancel this service which you know is going to tick off your US customers..even if they state it is for a short period of time. Matchbook decided to not offer this service for a reason…so what is that reason?
I have used them for 5 years or so, and I like them, but there seems to be some risk involved here… these decisions make absolutely no sense to me other than a liquidity issue or trying to shore up their balance sheet. .
Anyone on the inside shed a little light here please.Comment -
MeMyselfandEyeSBR Rookie
- 02-16-11
- 15
#74Gentlemen,
For the record this is my own take on Matchook. I am not starting rumors…just asking a few questions..I have a financial background and I see some things that do not add up here…
Isn’t slow paying the first assign of liquidity issues? I mean, most people who are having trouble financial start to slow pay their bills, then the stop altogether…
A possible scenario is they want to shore up their balance sheet..slow paying would stop the immediate flow of withdrawals…, make it look stronger in the short term.
And since the rest of the industry still allows FED-EX check to your door, why cancel this service which you know is going to tick off your US customers..even if they state it is for a short period of time. Matchbook decided to not offer this service for a reason…so what is that reason?
I have used them for 5 years or so, and I like them, but there seems to be some risk involved here… these decisions make absolutely no sense to me other than a liquidity issue or trying to shore up their balance sheet. .
Anyone on the inside shed a little light here please.Comment -
Legions36SBR MVP
- 12-17-10
- 3032
#75Gentlemen,
For the record this is my own take on Matchook. I am not starting rumors…just asking a few questions..I have a financial background and I see some things that do not add up here…
Isn’t slow paying the first assign of liquidity issues? I mean, most people who are having trouble financial start to slow pay their bills, then the stop altogether…
A possible scenario is they want to shore up their balance sheet..slow paying would stop the immediate flow of withdrawals…, make it look stronger in the short term.
And since the rest of the industry still allows FED-EX check to your door, why cancel this service which you know is going to tick off your US customers..even if they state it is for a short period of time. Matchbook decided to not offer this service for a reason…so what is that reason?
I have used them for 5 years or so, and I like them, but there seems to be some risk involved here… these decisions make absolutely no sense to me other than a liquidity issue or trying to shore up their balance sheet. .
Anyone on the inside shed a little light here please.Comment -
fedex11204SBR Sharp
- 08-14-05
- 366
#76I requested a check on January 25th and here we are a month later and still no check in my possession and I have done numerous regular mail checks but this by far is the longest it has ever taken. Am I concerned About Matchbook you bet I am.Comment -
MeMyselfandEyeSBR Rookie
- 02-16-11
- 15
#77switching banks would be a good reason...thanks legions.Comment -
KGamblerSBR MVP
- 07-09-09
- 2404
#78I have received 5 checks within the last couple of weeks, and none of them were slow pays. I think some people are confused as to what a "slow pay" actually is. If you advertise that withdrawal checks should arrive within 20 business days, and then they arrive within 20 business days, then you are not slow paying. Is a month a long time to wait to receive a check? Yes. Does that mean it is a slow pay? No. They tell you up front to expect it to take up to 20 business days.
Fedex11204 is the first person to report an actual slow pay in a long while, and in his case he probably 1 or 2 business days over 20.
There is no reason to worry about Matchbook's liquidity based upon withdrawals. B2B are same day. Checks are taking 20 business days, just like they tell you it will. I don't see any reason to worry.Comment -
bubbaSBR MVP
- 09-29-05
- 2432
#79I have received 5 checks within the last couple of weeks, and none of them were slow pays. I think some people are confused as to what a "slow pay" actually is. If you advertise that withdrawal checks should arrive within 20 business days, and then they arrive within 20 business days, then you are not slow paying. Is a month a long time to wait to receive a check? Yes. Does that mean it is a slow pay? No. They tell you up front to expect it to take up to 20 business days.
Fedex11204 is the first person to report an actual slow pay in a long while, and in his case he probably 1 or 2 business days over 20.
There is no reason to worry about Matchbook's liquidity based upon withdrawals. B2B are same day. Checks are taking 20 business days, just like they tell you it will. I don't see any reason to worry.
-they always had fed ex checks available in a reasonable time
-they took this away without warning
-when i and others contacted them (at beggining of jan or so) they said this option would be available again
towards the end of january. we are now towards the end of february. this info provided at begging of jan caused me and others im sure not to request a payout with the slow method, waiting for fed ex to be available. that by defenition was a slow pay by itself.
what if they change this to 75 days? would that now be a slow pay? even if it states it now under there terms and conditions, it would not do someone with money already in their much good.
the most perlexing thing to ask is why do they not have fed ex checks as an option? its great to have the cheap 9 dollar option but why not have a check by courier as an option? who loses? how hard can it be to send the same check with a courier? almost every book does this. (hint hint to betonline where today is my 14th day waiting for their check)Comment -
FishheadSBR Aristocracy
- 08-11-05
- 40179
#80Transfer out completed in 51 minutes.......Comment -
Legions36SBR MVP
- 12-17-10
- 3032
#82i disagree. i will say that this situation is a slow pay because-
-they always had fed ex checks available in a reasonable time
-they took this away without warning
-when i and others contacted them (at beggining of jan or so) they said this option would be available again
towards the end of january. we are now towards the end of february. this info provided at begging of jan caused me and others im sure not to request a payout with the slow method, waiting for fed ex to be available. that by defenition was a slow pay by itself.
what if they change this to 75 days? would that now be a slow pay? even if it states it now under there terms and conditions, it would not do someone with money already in their much good.
the most perlexing thing to ask is why do they not have fed ex checks as an option? its great to have the cheap 9 dollar option but why not have a check by courier as an option? who loses? how hard can it be to send the same check with a courier? almost every book does this. (hint hint to betonline where today is my 14th day waiting for their check)Comment -
bubbaSBR MVP
- 09-29-05
- 2432
#83
1- i dont see the need for name calling
2- please explain why the books that seem to care about getting their customers paid in a timely fashion are able to do so! greek will send you a check for any amount in 2 days! why are they not able to send the same exact check via fed ex that they send via snail mail? and pass the cost on to the customers! does anyone have an answer to this?Comment -
Legions36SBR MVP
- 12-17-10
- 3032
#841- i dont see the need for name calling
2- please explain why the books that seem to care about getting their customers paid in a timely fashion are able to do so! greek will send you a check for any amount in 2 days! why are they not able to send the same exact check via fed ex that they send via snail mail? and pass the cost on to the customers! does anyone have an answer to this?
1) U dont see the need for name calling im just saying it how i see it, how many times do we have to tell u idiots how to play and use Match to your advantage. Threads over and over with the same sh-it about this.Comment -
FishheadSBR Aristocracy
- 08-11-05
- 40179
#85LEGIONS36 is so spot on .......read and learn.Comment -
bubbaSBR MVP
- 09-29-05
- 2432
#86[
1) U dont see the need for name calling im just saying it how i see it, how many times do we have to tell u idiots how to play and use Match to your advantage. Threads over and over with the same sh-it about this.[/QUOTE]
very mature- im trying to have a legitimate discussion on a serious issue/red flag with matchbook and you are back to the unprovoked name calling.
bottom line is i use matchbook and use them a lot. but i understand anyone not using them because getting money out of them in a timely matter is impossible for US customers.Comment -
TRE1968SBR Sharp
- 08-09-09
- 425
#87i agree 20 days is too long i got a payout ck from 5 dimes in 4 days..thats what i am talking about..matchbook is owned by wsex which scares me anyway..they have went to sh!tComment -
TRE1968SBR Sharp
- 08-09-09
- 425
#88if you deal with any other books than the A+ books your are asking for trouble anywayComment -
Legions36SBR MVP
- 12-17-10
- 3032
#89
bottom line is i use matchbook and use them a lot. but i understand anyone not using them because getting money out of them in a timely matter is impossible for US customers.[/QUOTE]
U know what your right sorry about the name calling and it wasn't really towards u it was towards everyone who has something bad to say about them cause of things out of there control.
Seriously how much can u use them if your complaining about there withdraw methods, if u were REALLY using them u wouldn't care how long it took u to get your doe and would understand its a small bump worth it. Also u say u have the Greek then just transfer to them and cash from there, why so hard to just arb the rollover at no cost. To be honest 5dimes and bookmaker is only 1x rollover and not 4x like betJam and greek, whatever works for u. If u can wait to get your checks by mail well about a month and if u cant u have 2 other options to move out of the US then u will have MB and Nettel which is instant, or not to use them at all. I think i covered everything here.
Heres another out run by Bookmaker that i just recently found out they own Betmaker, which looks just ok and not even close to Match from what ive seen but give it time and i think it will hit off, but they are an exchange worth taking a look at. When i have time i will join and give feedback.Comment -
Legions36SBR MVP
- 12-17-10
- 3032
#90Its obvious to everyone that u don't know what your talking about, but thanks for contributing to this thread. I enjoy reading sh-it.Comment -
bubbaSBR MVP
- 09-29-05
- 2432
#91very mature- im trying to have a legitimate discussion on a serious issue/red flag with matchbook and you are back to the unprovoked name calling.
bottom line is i use matchbook and use them a lot. but i understand anyone not using them because getting money out of them in a timely matter is impossible for US customers.
Seriously how much can u use them if your complaining about there withdraw methods, if u were REALLY using them u wouldn't care how long it took u to get your doe and would understand its a small bump worth it. Also u say u have the Greek then just transfer to them and cash from there, why so hard to just arb the rollover at no cost. To be honest 5dimes and bookmaker is only 1x rollover and not 4x like betJam and greek, whatever works for u. If u can wait to get your checks by mail well about a month and if u cant u have 2 other options to move out of the US then u will have MB and Nettel which is instant, or not to use them at all. I think i covered everything here.
Heres another out run by Bookmaker that i just recently found out they own Betmaker, which looks just ok and not even close to Match from what ive seen but give it time and i think it will hit off, but they are an exchange worth taking a look at. When i have time i will join and give feedback.[/QUOTE]
the real reason i care is because i like a tracking number with the checks i get. i dont care about the month to get the cash. regular mail just lends itself to a small problem never getting solved. if the check doesnt come, there is no proof either way. and if i have to request 5 checks (small check limit of 3k) and 4 come regular mail, it is a pain in the ass to sort out. which check is missing? where did it go wrong? fed ex is so much simpler
my main question is why they are unable or unwilling to send it with fed ex. it is the same exact check, i dont understand why it would not be an option to send it this way.Comment -
TRE1968SBR Sharp
- 08-09-09
- 425
#92legions
i know one thing wsex owns Mb and wsex is in trouble..how about that smart azzComment -
Legions36SBR MVP
- 12-17-10
- 3032
#93They are like this because they cant afford to get screwed by piece of sh-it processors and people doing chargebacks, remember they survive off there commission.
Ok then forget about the checks and try out the other method im sure u can complete rollover in a few days and go from there. 5dimes has free checks 1 a month, bookmaker has free withdraws from points, there is so many windows of opportunities for u to use.Comment -
TRE1968SBR Sharp
- 08-09-09
- 425
#94how do you get screwed by sending fedex ck..no reason they cant be done in 4 or 5 days 20+ days is not acceptableComment -
TRE1968SBR Sharp
- 08-09-09
- 425
#95legions
explain this then..MB used to be A book now B- why?Comment -
Legions36SBR MVP
- 12-17-10
- 3032
#96Comment -
Legions36SBR MVP
- 12-17-10
- 3032
#97Cause they dont pay SBR advertising costs, if they did A+ for sure.
God are u that lame to not know that processors screw these company's over from time to time and Match cant afford to send money with just any processor out there, seriously use your head.
They do b2b into most of the A+ books u might as well say your money is golden just like thegreek, bookmaker, betjam, 5dimes, pinnacle.Comment -
TRE1968SBR Sharp
- 08-09-09
- 425
#98looks to me like they just got sold
SBR has spoken with MATCHBOOK (SBR rating B-) executives and are aware of their plans to become a new independent gaming company. It's been known that WSEX (SBR rating D) had an ownership stake in MATCHBOOK since their launch in 2005. Despite the relationship to date, MATCHBOOK is in good standing and players have not reported any delinquent payout requests. SBR is hopeful the purchase of MATCHBOOK from WSEX will allow outstanding WSEX withdrawals to be processed. MATCHBOOK is expected to provide a press release to SBR in the coming weeks after the ownership changes are solidified. | WSEX Slow-pay complaintsComment -
TRE1968SBR Sharp
- 08-09-09
- 425
#100no you dont explain to me ..fedex ck..there is no processor involved..aint that what we are talking about hereComment -
FishheadSBR Aristocracy
- 08-11-05
- 40179
#101looks to me like they just got sold
SBR has spoken with MATCHBOOK (SBR rating B-) executives and are aware of their plans to become a new independent gaming company. It's been known that WSEX (SBR rating D) had an ownership stake in MATCHBOOK since their launch in 2005. Despite the relationship to date, MATCHBOOK is in good standing and players have not reported any delinquent payout requests. SBR is hopeful the purchase of MATCHBOOK from WSEX will allow outstanding WSEX withdrawals to be processed. MATCHBOOK is expected to provide a press release to SBR in the coming weeks after the ownership changes are solidified. | WSEX Slow-pay complaints
Legions36 and others have been telling you this for weeks..........Comment -
TRE1968SBR Sharp
- 08-09-09
- 425
#102no its because of complaintsComment -
reppin_the_847SBR MVP
- 03-10-10
- 1576
#105For an American from the NY/NJ area, I'd say that the Toronto area has a lot of similarities. I'm also American (Chicago area), and I've visited Canada several times in the past. Mainly Windsor (via Detroit) & Toronto. I really oughtta check out other cities like Vancouver, Montreal, etc. eventually. Good luck. Canada can be a fun country, and the ladies seem more laid back & diverse than in the States.
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