Betmaker Review - In progress

[hhsilver]

Do they still have no fee (from either book) transfers to or from DSI ? I haven't joined BM yet , but am getting closer.

Is the 2% commission still in effect ? Is it still "introductory/temporary"?

Sorry about these repeat questions, but this thread is getting too long -- partly , I guess , because of repeat questions like these.

[NSN21]

I believe they still offer the free transfer to and from other shops. You could transfer over to Bookmaker then take a free payout, if I'm not mistaken.

[todd73nj]

Do they still have no fee (from either book) transfers to or from DSI ? I haven't joined BM yet , but am getting closer.

Is the 2% commission still in effect ? Is it still "introductory/temporary"?

Sorry about these repeat questions, but this thread is getting too long -- partly , I guess , because of repeat questions like these.

I dont have a Bookmaker account - so I cant answer that.

I just go with Bank wires. Work fine for my needs.

[ArunSh]

There is no fee for transfer to/from DSI, but if you transfer to DSI, I believe you have a 3x rollover. The 2% commission is still in effect, and I doubt they change it. Honestly 2% is too high as it is, and if they raised it, likely would damage the liquidity tremendously.

[hhsilver]

thanks for the replies about transfers and commission. I'll probably join by football season.

[todd73nj]

There is no fee for transfer to/from DSI, but if you transfer to DSI, I believe you have a 3x rollover. The 2% commission is still in effect, and I doubt they change it. Honestly 2% is too high as it is, and if they raised it, likely would damage the liquidity tremendously.

Thats one thing they did discuss at the start - and said that would not be raised. Only thing they followed thru on unfortunately.

NFL season right around the corner - and no signs of anything being left open for in game trading.

[ArunSh]

Yes, they promised in game trading for some of the NBA playoffs, and that never happened as I recall.

As for now, liquidity isn't bad, but definitely could be improved. Not sure if Greek leaving US market will be good or bad for that - could cause people to switch over or could cause them to quit completely...

[todd73nj]

Yes, they promised in game trading for some of the NBA playoffs, and that never happened as I recall.

As for now, liquidity isn't bad, but definitely could be improved. Not sure if Greek leaving US market will be good or bad for that - could cause people to switch over or could cause them to quit completely...

Greek leaving US Market also? Thats two in a week in or so. Wow.

I only use 5 dimes and Betmaker now a days.

[maxvalue1]

lets hope we se an increase in volume for NFL

[todd73nj]

lets hope we se an increase in volume for NFL

I find there to be plenty of volume - I just want in game trading. I always found that to be most lucrative - people desperate to get a certain position would always over pay for it in game - and more often than not - youd get a chance to cover it for a profit. Like that NBA theory - everyone makes a run. I miss Tradesports - and the MB of two years ago for that.

[patswin]

what the new site address? i can't find it

[tofuman]

the new site address is betmaker.ag

[doesnotcompute]

It'd be nice if the management realized the potential they have with this site. They can revamp everything and turn it into the greatest trading platform for the US. Sadly they have done nothing.

I've pondered the idea of investing in this site- like angel investing; pump a good bit of funds into the company, in exchange for having a say in the way things are run. If they upgrade their IT, then lower the commission, liquidity would explode.

Doesn't cris realize they are sitting on a potential cash cow? It's hard to understand why any company would not take advantage of this.

Emailing owners to see if angel investors are welcome.

[tofuman]

It'd be nice if the management realized the potential they have with this site. They can revamp everything and turn it into the greatest trading platform for the US. Sadly they have done nothing.

I've pondered the idea of investing in this site- like angel investing; pump a good bit of funds into the company, in exchange for having a say in the way things are run. If they upgrade their IT, then lower the commission, liquidity would explode.

Doesn't cris realize they are sitting on a potential cash cow? It's hard to understand why any company would not take advantage of this.

Emailing owners to see if angel investors are welcome.

yea they need to turn this shit around, let us know if they even respond to your email

[cornhuskfan]

To put money into that business that would answer all the questions and comments that have been discussed will take time. They can slowly see how they want to expand based on fall out going to the bookmaker page. Like most things the market will dictate. When/if there are enough concerns about certain things I'm sure it will work out. I do know that they are proficient in their reaching out to players. They have been respectful and have followed the right avenues in my opinion.

[unclebuzz1]

Give me an N! Give me an E! Give me a B!

[todd73nj]

It'd be nice if the management realized the potential they have with this site. They can revamp everything and turn it into the greatest trading platform for the US. Sadly they have done nothing.

I've pondered the idea of investing in this site- like angel investing; pump a good bit of funds into the company, in exchange for having a say in the way things are run. If they upgrade their IT, then lower the commission, liquidity would explode.

Doesn't cris realize they are sitting on a potential cash cow? It's hard to understand why any company would not take advantage of this.

Emailing owners to see if angel investors are welcome.

To put money into that business that would answer all the questions and comments that have been discussed will take time. They can slowly see how they want to expand based on fall out going to the bookmaker page. Like most things the market will dictate. When/if there are enough concerns about certain things I'm sure it will work out. I do know that they are proficient in their reaching out to players. They have been respectful and have followed the right avenues in my opinion.

I offered them suggestions, screen shots of other exchange platforms, ideas for their API, and market makers willing to do live events. How far did it get? They changed the commission page to read 2%.

Im not sure how they can not realize the potential - but that being said - 5 months has gone by - and they have done nothing. The new money coming in from other sites is creating the liquidity. But they could do so much to make it more.

[Johnnythunder]

Sad that they dont care about making this site into something we (US residents) can really get into.

[todd73nj]

Sad that they dont care about making this site into something we (US residents) can really get into.

Worst part is they really dont have to do anything - just cancel all current markets at the start of the event - and leave it open. And see where it goes from there!

Costs them nothing - no changes to be made. Just leave it open and make it well known that its open. Do an SBR interview and many people would know very quickly.

[ArunSh]

Yes, there is so much potential here - can get better lines than pretty much any other book. Commission is kind of sucky, but still much, much better than most. Wish they would put a bit more effort into it, and I think it'd really take off!

[doesnotcompute]

You can always 'beat' the 2% commission by adjusting your odds two points. I contacted them, and got no meaningful response; just your standard "We'll look into it."

On a different note, I looked at how much the site makes on an average day and it's not impressive. I'd say right now, 90% of their action is in MLB. Total dollar amount of bets matched yesterday was around $140k. With 2% commission on winners, they take $1400. I'd think that's probably lower than what it costs to pay their CS employees. But with BM and DSI raking in the pie, who cares?

[doesnotcompute]

Tried to transfer funds from bookmaker to betmaker, and they won't allow it until I have at least one payout. And to get that one payout, I need a 3x rollover, since this funds were transferred from heritage. @%@#%@#%

[tofuman]

Tried to transfer funds from bookmaker to betmaker, and they won't allow it until I have at least one payout. And to get that one payout, I need a 3x rollover, since this funds were transferred from heritage. @%@#%@#%

do u actually have an acct w/ bookmaker? and a seperate one at betmaker?
u should have just told heritage your betmaker account # and told them to transfer to 'bookmaker'..

when betjam/thegreek were still open for US players I often did book-to-book transfers from thegreek -> betmaker and just tell them my betmaker account, but tell them to transfer to bookmaker, since everytime i told them 'betmaker' they said we don't do transfers there. but then i said bookmaker and gave them my betmaker account, then CC betmaker customer service.. and whala, the money did appear in my betmaker account..

sorta confusing i know..

[todd73nj]

Yes, there is so much potential here - can get better lines than pretty much any other book. Commission is kind of sucky, but still much, much better than most. Wish they would put a bit more effort into it, and I think it'd really take off!

Bottom line on commission - if 2% commission hurts any player - they shouldnt be playing at all. If you are that close to making profit or losing. Whats the point of risking it? You can do better with your money in the bank.

[todd73nj]

You can always 'beat' the 2% commission by adjusting your odds two points. I contacted them, and got no meaningful response; just your standard "We'll look into it." On a different note, I looked at how much the site makes on an average day and it's not impressive. I'd say right now, 90% of their action is in MLB. Total dollar amount of bets matched yesterday was around $140k. With 2% commission on winners, they take $1400. I'd think that's probably lower than what it costs to pay their CS employees. But with BM and DSI raking in the pie, who cares?

I have another post somewhere in this thread about how they computer their volume - because I had a position that was larger than the listed volume for the event. So simply adding up the numbers might not be exactly right. I asked them back at the time I was communicating with them regularly. Unfortunately I dont remember the odd explanation.

Tried to transfer funds from bookmaker to betmaker, and they won't allow it until I have at least one payout. And to get that one payout, I need a 3x rollover, since this funds were transferred from heritage. @%@#%@#%

do u actually have an acct w/ bookmaker? and a seperate one at betmaker? u should have just told heritage your betmaker account # and told them to transfer to 'bookmaker'.. when betjam/thegreek were still open for US players I often did book-to-book transfers from thegreek -> betmaker and just tell them my betmaker account, but tell them to transfer to bookmaker, since everytime i told them 'betmaker' they said we don't do transfers there. but then i said bookmaker and gave them my betmaker account, then CC betmaker customer service.. and whala, the money did appear in my betmaker account.. sorta confusing i know..

I dont have a Bookmaker account - so I have no clue how any of that works.

Just use a wire! 3 days and you are set to go!

[Kaabee]

i hope this site takes off, i really miss matchy

[Johnnythunder]

Do they take ** or **?

[Hap]

I was told a month ago that to transfer funds from my BetMaker account to my Bookmaker account (Diamond level) would be for free, but the funds would then have a 1X rollover at Bookmaker.

[relaaxx]

betmaker---------

[doesnotcompute]

do u actually have an acct w/ bookmaker? and a seperate one at betmaker?
u should have just told heritage your betmaker account # and told them to transfer to 'bookmaker'..

when betjam/thegreek were still open for US players I often did book-to-book transfers from thegreek -> betmaker and just tell them my betmaker account, but tell them to transfer to bookmaker, since everytime i told them 'betmaker' they said we don't do transfers there. but then i said bookmaker and gave them my betmaker account, then CC betmaker customer service.. and whala, the money did appear in my betmaker account..

sorta confusing i know..

Nice, that's creative. It doesn't look like I'll play at betmaker anytime soon. To get 3x rollover with as high a balance as I have and with their puny MLB limits is going to take a while. Right now I'm up to 1.3x rollover after an aggressive week of hedging between this and heritage.

And then after rollover is met, they require I have a payout. Only when I have one payout will they process the transfer. It is incredibly hard to beat bookmaker's 20-30 cent lines. They must really be raking in trillions dealing this crap.

[todd73nj]

I was told a month ago that to transfer funds from my BetMaker account to my Bookmaker account (Diamond level) would be for free, but the funds would then have a 1X rollover at Bookmaker.

Well if its a 1x rollover - thats like having no rollover at all. Unless you are just moving it over to withdraw.. then I guess it sucks.

Would be nice if all the books under that umbrella got together and posted the actual rules - because it seems like everyone is being told something different from Bookmaker and Betmaker.

[Killakrzydav]

Volume has blowed chunks since I first saw this book endorsed by Todd. Pay to fund, pay to withdraw. As far as an exchanges goes this out sucks but its still an exchange

[Milk Money]

Are they even gonna start moving lines for footbaLL?

[austin]

they dont stand a chance

[tofuman]

Are they even gonna start moving lines for footbaLL?

they can't move lines, lines are set once on open and that's it. lol. their software is too shitty to be able to move lines w/o screwing up the people who use their API. and they are too lazy to fix their software.