Betmaker Review - In progress

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  • todd73nj
    SBR Wise Guy
    • 08-09-08
    • 824

    #631
    Originally posted by tofuman
    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.
    Again, I will completely disagree with this. Lines that are .5 or 1 off have a great chance to push/win. Those are idea for basically finding yourself a free play.

    Happened about 10 times in the NBA playoffs alone. And two of them did hit. With football - the odds of a 3/3.5 and 6.5/7 or 7/7.5 coming into play are probably alot greater!
    Comment
    • doesnotcompute
      SBR Hustler
      • 05-02-11
      • 61

      #632
      Originally posted by todd73nj
      Again, I will completely disagree with this. Lines that are .5 or 1 off have a great chance to push/win. Those are idea for basically finding yourself a free play.

      Happened about 10 times in the NBA playoffs alone. And two of them did hit. With football - the odds of a 3/3.5 and 6.5/7 or 7/7.5 coming into play are probably alot greater!
      Exactly! I find working the lines between this and heritage, you'd be able to cover both sides nicely. Their shitty software and outdated lines are an advantage, not a disadvantage.
      Comment
      • todd73nj
        SBR Wise Guy
        • 08-09-08
        • 824

        #633
        Originally posted by doesnotcompute

        Exactly! I find working the lines between this and heritage, you'd be able to cover both sides nicely. Their shitty software and outdated lines are an advantage, not a disadvantage.
        I really feel football will provide some great opportunities.


        Some great golf markets posted tonight!

        They count golf matched $$ on the smaller amount. I shorted about 8 golfers to win about $400 total if none of the 8 win - and have much more at risk than the $820 matched.
        Comment
        • doesnotcompute
          SBR Hustler
          • 05-02-11
          • 61

          #634
          Still working on getting funds sent there. I've been keeping a close eye on their liquidity which is kinda sad. As Todd mentions above, I noticed the 'amount matched/unmatched' are usually wrong.

          Good news is I think after MB and greek closing, they probably got a boost in players, and might be increasing staffing. Hopefully a new interface is in the works. Sick of playing Bookmaker's 20 cent highway robbery.
          Comment
          • todd73nj
            SBR Wise Guy
            • 08-09-08
            • 824

            #635
            Originally posted by doesnotcompute
            Still working on getting funds sent there. I've been keeping a close eye on their liquidity which is kinda sad. As Todd mentions above, I noticed the 'amount matched/unmatched' are usually wrong. Good news is I think after MB and greek closing, they probably got a boost in players, and might be increasing staffing. Hopefully a new interface is in the works. Sick of playing Bookmaker's 20 cent highway robbery.
            Send some money over. Even if there is a rollover - if you plan to play you will make the rollover pretty easily. Lines are def better than 20 cents.

            And didnt all the money from Greek get transfered to another book? No not sure that will help Betmaker
            Comment
            • todd73nj
              SBR Wise Guy
              • 08-09-08
              • 824

              #636
              Someone was semi actively market making the WGC today.

              Why cant Betmaker realize if they leave other things open besides golf - this could happen on its own and build up.

              I took a few dollars here and there to keep his interest. So if you bet golf.. keep an eye out on the weekend during the rounds!
              Comment
              • Kindred
                SBR MVP
                • 09-09-08
                • 2901

                #637
                I'm going to deposit here tomorrow or Sunday. There are some good bonuses I'm passing up but I want to throw some support to Betmaker, really missing matchbook hoping they can become better than MB was.

                Surprised more people haven't started playing here, really thought liquidity would be much higher by now especially with greek closing. Well I'll do my part and stick some of my roll there, hopefully by the time football starts it really takes off.
                Comment
                • doesnotcompute
                  SBR Hustler
                  • 05-02-11
                  • 61

                  #638
                  Update: I was able to transfer from bookmaker after talking to a manger on Thursday. It's good to be at an exchange again getting best value odds. So far I've made two MLB ML offers at 2 points better than what was currently posted, and both got matched within 15 mins. I'm not worried about liquidity anymore

                  Everyone join and start playing there! If you're American and straight-wager, this is the place to be!
                  Comment
                  • doesnotcompute
                    SBR Hustler
                    • 05-02-11
                    • 61

                    #639
                    They also have this 'point' thing going on. Anyone knows what it's good for?

                    2240 Risk per point: 50
                    Comment
                    • todd73nj
                      SBR Wise Guy
                      • 08-09-08
                      • 824

                      #640
                      Originally posted by doesnotcompute
                      Update: I was able to transfer from bookmaker after talking to a manger on Thursday. It's good to be at an exchange again getting best value odds. So far I've made two MLB ML offers at 2 points better than what was currently posted, and both got matched within 15 mins. I'm not worried about liquidity anymore Everyone join and start playing there! If you're American and straight-wager, this is the place to be!
                      Ill be honest - Im not a price maker - much more of a price taker. So glad to hear you are getting hit. Thats def a good thing. because if you follow alot of MBs current markets - you will see their prices are stagnant. They have to be hurting from the loss of US players.


                      Originally posted by doesnotcompute
                      They also have this 'point' thing going on. Anyone knows what it's good for? 2240 Risk per point: 50
                      This was from the old commission structure. It use to be 5% - and you could get up to 60% off depending on the amount of money you risked in the markets on a weekly basis. It would partially erode and start again the next week. They did away with this structure - and went to the 2% only. I guess they never too the risk points out of the profile.
                      Comment
                      • bobbywaves
                        SBR Posting Legend
                        • 05-06-08
                        • 13280

                        #641
                        I had both positive & negative experience with Betmaker today. I was pleasantly surprised when I noticed an arbitrage opportunity with Dale Earnhardt Jr. at +180 matched up against Kasey Kahne -150 at DSI. The $40 risk free win was nice, however it shouldn't take over an hour to grade an event. I risked my whole bankroll on the nascar, so I need it graded in a timely fashion to wager on Sunday night baseball. Finally was graded a few minutes ago.
                        Comment
                        • todd73nj
                          SBR Wise Guy
                          • 08-09-08
                          • 824

                          #642
                          Originally posted by bobbywaves
                          I had both positive & negative experience with Betmaker today. I was pleasantly surprised when I noticed an arbitrage opportunity with Dale Earnhardt Jr. at +180 matched up against Kasey Kahne -150 at DSI. The $40 risk free win was nice, however it shouldn't take over an hour to grade an event. I risked my whole bankroll on the nascar, so I need it graded in a timely fashion to wager on Sunday night baseball. Finally was graded a few minutes ago.
                          Alot of sites are slow with unpopular events. Not saying Nascar is not a popular sport - but its not bet on much. I love the matchups also. You can find some great arbs every week.

                          With baseball they have been closing out fast.

                          But there is always that toll free phone #! Can sometimes speed up the process!
                          Comment
                          • Milk Money
                            SBR High Roller
                            • 01-12-11
                            • 121

                            #643
                            todd you have been a huge help on this thread
                            Comment
                            • todd73nj
                              SBR Wise Guy
                              • 08-09-08
                              • 824

                              #644
                              Originally posted by Milk Money
                              todd you have been a huge help on this thread
                              Wish I could have made some progress with them

                              Maybe if we do one of those online petitions to just get them to do something like leave games open till they are over. Maybe that would create some ingame volume. That would have to work for football I would think!
                              Comment
                              • todd73nj
                                SBR Wise Guy
                                • 08-09-08
                                • 824

                                #645
                                Some more great lines on Golf! Short top 8 for about 35%! Not bad!
                                Comment
                                • tofuman
                                  SBR Wise Guy
                                  • 01-11-10
                                  • 887

                                  #646
                                  why don't they have the totals up for MLB Houston VS. Arizona?
                                  normally they don't miss anything and all the games are up..surprised they missed this one
                                  local forum troll
                                  Comment
                                  • jtmarti1
                                    SBR Rookie
                                    • 01-20-07
                                    • 7

                                    #647
                                    I don't post much, but thought this thread might be able to help. I have played at matchbook exclusively the last few years. I called to make a big deposit at Betmaker to start my balance for the season. They told me i would be required to pay $50 to them for depositing + the fees i have to pay my bank. And then when i withdraw, I have to pay another $50 per $3k check.

                                    Is anyone aware if these high costs are negotiable? For a new book trying to build liquidity, these costs seem outrageous. I thought with very large deposits, they would waive or reduce some of the fees.

                                    Thanks -
                                    JT
                                    Comment
                                    • BigFish
                                      SBR High Roller
                                      • 11-04-10
                                      • 126

                                      #648
                                      Originally posted by jtmarti1
                                      I don't post much, but thought this thread might be able to help. I have played at matchbook exclusively the last few years. I called to make a big deposit at Betmaker to start my balance for the season. They told me i would be required to pay $50 to them for depositing + the fees i have to pay my bank. And then when i withdraw, I have to pay another $50 per $3k check.

                                      Is anyone aware if these high costs are negotiable? For a new book trying to build liquidity, these costs seem outrageous. I thought with very large deposits, they would waive or reduce some of the fees.

                                      Thanks -
                                      JT
                                      Unfortunately, and to the dismay of many of us in this thread, they don't appear to be "trying to build liquidity.".
                                      Comment
                                      • todd73nj
                                        SBR Wise Guy
                                        • 08-09-08
                                        • 824

                                        #649
                                        Originally posted by jtmarti1
                                        I don't post much, but thought this thread might be able to help. I have played at matchbook exclusively the last few years. I called to make a big deposit at Betmaker to start my balance for the season. They told me i would be required to pay $50 to them for depositing + the fees i have to pay my bank. And then when i withdraw, I have to pay another $50 per $3k check.

                                        Is anyone aware if these high costs are negotiable? For a new book trying to build liquidity, these costs seem outrageous. I thought with very large deposits, they would waive or reduce some of the fees.

                                        Thanks -
                                        JT

                                        Im assuming you are wiring? I pay nothing to wire - I just pay my bank fees which are $30. Ive never asked for them to pay for my fees - because honestlly, if Im worried about $30 I prob shouldnt be keeping any money off shore as there is a great chance to lose it in so many ways.

                                        When you call the 800 #, Id ask to speak to the manager, and explain to them your situation. You know how the employees work - they are told this is how its done - and thats they only way its done.
                                        Comment
                                        • tofuman
                                          SBR Wise Guy
                                          • 01-11-10
                                          • 887

                                          #650
                                          Originally posted by todd73nj
                                          Im assuming you are wiring? I pay nothing to wire - I just pay my bank fees which are $30. Ive never asked for them to pay for my fees - because honestlly, if Im worried about $30 I prob shouldnt be keeping any money off shore as there is a great chance to lose it in so many ways.

                                          When you call the 800 #, Id ask to speak to the manager, and explain to them your situation. You know how the employees work - they are told this is how its done - and thats they only way its done.
                                          I thought you used to email them to get check withdrawals for only a $9 fee? or you haven't done that for a while so you don't know if they still allow it?
                                          Last edited by tofuman; 08-12-11, 04:38 PM.
                                          local forum troll
                                          Comment
                                          • bobbywaves
                                            SBR Posting Legend
                                            • 05-06-08
                                            • 13280

                                            #651
                                            Originally posted by todd73nj
                                            Some more great lines on Golf! Short top 8 for about 35%! Not bad!
                                            Please elaborate how this is done, either in forum or via PM. Thanks.
                                            Comment
                                            • todd73nj
                                              SBR Wise Guy
                                              • 08-09-08
                                              • 824

                                              #652
                                              Originally posted by tofuman

                                              I thought you used to email them to get check withdrawals for only a $9 fee? or you haven't done that for a while so you don't know if they still allow it?
                                              Yes they will do $9 WDs. I havent made one via Check in about 2 months, but have used Wires. Quicker, and easier imo. Especially if I want to get the money and put it somewhere else. I only like to have a certain amount offshore. Dont want to send out a few thousand while Im waiting for a few thousand. A few years back - wouldnt have thought twice about it. But now Im more cautious.
                                              Comment
                                              • todd73nj
                                                SBR Wise Guy
                                                • 08-09-08
                                                • 824

                                                #653
                                                Originally posted by bobbywaves

                                                Please elaborate how this is done, either in forum or via PM. Thanks.
                                                Sure.. very simple.

                                                When you are in a market, ie Golf - make sure For and Against is checked off.

                                                The right hand set of numbers is AGAINST. Thats what you want to bet. And the way I figured out the 35% was converting the US odds to % odds using my odds calculator. If you need a link to one that does it easily for you, just say the word. Then add it up - and it was 34.6%


                                                So basically I took the field vs the top 8 in the opening odds at -186
                                                Comment
                                                • tofuman
                                                  SBR Wise Guy
                                                  • 01-11-10
                                                  • 887

                                                  #654
                                                  c'mon guys pump up that liquidity! today in MLB not looking to hot.
                                                  local forum troll
                                                  Comment
                                                  • ArunSh
                                                    SBR Hall of Famer
                                                    • 09-24-07
                                                    • 6801

                                                    #655
                                                    Is anyone else getting slow paid by them? Could just be random, but I got my first wire from them in about 5 days, but this last one I requested, I have been waiting for for almost 3 weeks. I keep getting the run around also when I ask them about it, they keep claiming there is an issue with the processor and that they are waiting to hear back. Not sure what's going on, and I haven't heard anyone else complain about it so I doubt it's a big issue, just wondering why a solid book like this would have such a problem and take so long...
                                                    Comment
                                                    • tofuman
                                                      SBR Wise Guy
                                                      • 01-11-10
                                                      • 887

                                                      #656
                                                      Originally posted by ArunSh
                                                      Is anyone else getting slow paid by them? Could just be random, but I got my first wire from them in about 5 days, but this last one I requested, I have been waiting for for almost 3 weeks. I keep getting the run around also when I ask them about it, they keep claiming there is an issue with the processor and that they are waiting to hear back. Not sure what's going on, and I haven't heard anyone else complain about it so I doubt it's a big issue, just wondering why a solid book like this would have such a problem and take so long...
                                                      tell them to cancel that request and just fedex you a check since it's about the same price?
                                                      local forum troll
                                                      Comment
                                                      • ArunSh
                                                        SBR Hall of Famer
                                                        • 09-24-07
                                                        • 6801

                                                        #657
                                                        Originally posted by tofuman
                                                        tell them to cancel that request and just fedex you a check since it's about the same price?

                                                        Well my wire is for more than the maximum check so I can't do that and withdraw the way I want.

                                                        But the bigger issue is that they say they cannot cancel the wire, that it has already "been sent", just due to an issue with the processor, I haven't received it yet. I have no idea what this issue with the processor is, but frankly the fact that it has delayed my withdrawal so long is rather frustrating.
                                                        Comment
                                                        • bobbywaves
                                                          SBR Posting Legend
                                                          • 05-06-08
                                                          • 13280

                                                          #658
                                                          Please advise when you receive payment.
                                                          Comment
                                                          • todd73nj
                                                            SBR Wise Guy
                                                            • 08-09-08
                                                            • 824

                                                            #659
                                                            Originally posted by ArunSh
                                                            Is anyone else getting slow paid by them? Could just be random, but I got my first wire from them in about 5 days, but this last one I requested, I have been waiting for for almost 3 weeks. I keep getting the run around also when I ask them about it, they keep claiming there is an issue with the processor and that they are waiting to hear back. Not sure what's going on, and I haven't heard anyone else complain about it so I doubt it's a big issue, just wondering why a solid book like this would have such a problem and take so long...
                                                            Originally posted by tofuman
                                                            tell them to cancel that request and just fedex you a check since it's about the same price?
                                                            Originally posted by ArunSh
                                                            Well my wire is for more than the maximum check so I can't do that and withdraw the way I want. But the bigger issue is that they say they cannot cancel the wire, that it has already "been sent", just due to an issue with the processor, I haven't received it yet. I have no idea what this issue with the processor is, but frankly the fact that it has delayed my withdrawal so long is rather frustrating.
                                                            My wires have taken about 5 business days - had one take 7 buiness days - which lagged it over 2 weeks. But that has pretty much been my time frame. My last WD was a few weeks back.. I can check exactly how many days it was - but certainly didnt lag more than 7 or 8 total days.

                                                            Keep us updated on whats going on. This will certainly not be good news - hoping its just a one time glitch between the two banks.

                                                            You should def call and talk to management directly.
                                                            Comment
                                                            • ArunSh
                                                              SBR Hall of Famer
                                                              • 09-24-07
                                                              • 6801

                                                              #660
                                                              Originally posted by todd73nj
                                                              My wires have taken about 5 business days - had one take 7 buiness days - which lagged it over 2 weeks. But that has pretty much been my time frame. My last WD was a few weeks back.. I can check exactly how many days it was - but certainly didnt lag more than 7 or 8 total days.

                                                              Keep us updated on whats going on. This will certainly not be good news - hoping its just a one time glitch between the two banks.

                                                              You should def call and talk to management directly.

                                                              I have called them many times about this, and that's basically been what I've been getting - they keep saying that it's a processor issue and that their hands are tied until they hear from the processor. They say a few others who were also getting wires to BkofAma are also in the same boat, but I haven't seen anyone on here complain of that...

                                                              I'm hoping that it is just a one time glitch - I assume if this was widespread I'd be seeing other complaints about slow wires from others which again I haven't (at least in regards to this family of books).
                                                              Comment
                                                              • MeMyselfandEye
                                                                SBR Rookie
                                                                • 02-16-11
                                                                • 15

                                                                #661
                                                                I requested a check on the last Thursday in Aug..they didn't process it until 6 business days later - the following Friday is when I received a tracking # emailed to me. Then it showed up on Tuesday..so about 8 business days, 12 days total if you count the 2 weekends.
                                                                Comment
                                                                • todd73nj
                                                                  SBR Wise Guy
                                                                  • 08-09-08
                                                                  • 824

                                                                  #662
                                                                  Originally posted by ArunSh


                                                                  I have called them many times about this, and that's basically been what I've been getting - they keep saying that it's a processor issue and that their hands are tied until they hear from the processor. They say a few others who were also getting wires to BkofAma are also in the same boat, but I haven't seen anyone on here complain of that...

                                                                  I'm hoping that it is just a one time glitch - I assume if this was widespread I'd be seeing other complaints about slow wires from others which again I haven't (at least in regards to this family of books).
                                                                  I actually looked to see if there were any other slow pays posted - didnt see any. But please keep up updated.

                                                                  Slow pay is the kiss of death. That was my cue to get out of WSEX before that disaster started. I got al my money out about 6 months prior to everyone starting to get slow paid.

                                                                  Originally posted by MeMyselfandEye
                                                                  I requested a check on the last Thursday in Aug..they didn't process it until 6 business days later - the following Friday is when I received a tracking # emailed to me. Then it showed up on Tuesday..so about 8 business days, 12 days total if you count the 2 weekends.

                                                                  Have to give any book the courtesy of not counting weekends.
                                                                  Comment
                                                                  • ArunSh
                                                                    SBR Hall of Famer
                                                                    • 09-24-07
                                                                    • 6801

                                                                    #663
                                                                    Originally posted by todd73nj
                                                                    I actually looked to see if there were any other slow pays posted - didnt see any. But please keep up updated.

                                                                    Well, they were able to cancel the wire finally, and are supposedly sending me two checks instead (free of charge to make up for the problems). Sounds good, but won't be sure obviously until I actually receive the $.

                                                                    But yeah, given not a single other person has voiced such a problem, hopefully it's just a random glitch and not a symptom of anything.
                                                                    Comment
                                                                    • Ethan
                                                                      Restricted User
                                                                      • 02-14-11
                                                                      • 375

                                                                      #664
                                                                      At moment seems tough to want to deposit, until there are some improvements, but hopefully it happens, we need a place like this!
                                                                      Comment
                                                                      • relaaxx
                                                                        SBR MVP
                                                                        • 06-15-06
                                                                        • 3281

                                                                        #665
                                                                        still not 1 improvement in months. no live betting. ridiculous spread lines,totals that never change. takes extra time and clicks to navigate this site set up. hard to navigate account history. slow grading. fees for everything,deposits and withdrawlals. no incentive to offer lines. it's an exchange. still worth playing here. but i hate thier stupidity.
                                                                        Comment
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