TheGreek Moneybookers Payout Policy. Is this Normal ??

[Halifax]

"Dear Mr. XXX,

Please be advised that your account was viewed by a Supervisor and we have seen where your have refunded your Moneybookers account with the total amount deposited, therefore you are required to use another method of withdrawal.

Please note that you can withdraw using Check by fedex, **, **, wire or Sportsbook Transfer.

We await your reply.

Regards,
The Greek Customer Accounts"

Basically, this e-mail is saying that the MOST I can withdraw by Moneybookers is the amount that I deposited using Moneybookers. In other words, they are saying that if I deposited a total of $10,000 by Moneybookers in the past, that the MAXIMUM I can withdraw by Moneybookers is $10,000 ... and that any withdrawals above and beyond that $10,000 amount must be done using another method.

Is that the way it has always been ?? I don't think so.

As I remember it, if you deposited a total of $10,000 by Moneybookers, you had to withdraw AT LEAST $10,000 by Moneybookers before you could use another withdrawal method. Once you withdrew $10,000 by Moneybookers, there was nothing prohibiting you from withdrawing MORE than $10,000 by Moneybookers.

Am I wrong about this, or has Olympic changed their policy ??

[Ruifgalmeida]

I havent withdraw lately from thegreek ,( last time I withdraw was 2 years ago) It is not normal , I remember deposit 400€ and withdraw 500€ no problems if true that policy is absurd to say the least.

[Hareeba!]

It has to be new policy as I've withdrawn well in excess of what I've deposited using Moneybookers exclusively.

This is the end of Greek for me if the policy is implemented universally.

[Monte]

What's the problem here, you can do free b2b transfers.
It's well known that moneybookers isn't exactly used by desireable players.

[Halifax]

What's the problem here, you can do free b2b transfers.It's well known that moneybookers isn't exactly used by desireable players.

Well, the short answer is that a book-to-book transfer doesn't get my money into my hands to use as I see fit ... it gets my money moved to another sportsbook, where I will not be able to have access to it until I roll it over 1x/2x/4x times.

[Hareeba!]

It's well known that moneybookers isn't exactly used by desireable players.

wtf ?

[Birre]

It's well known that moneybookers isn't exactly used by desireable players.

?? Moneybookers is used by everyone, its the 1st method for EU and canadian poker players its cheap and very safe (with security token).

I think its has something to do with the recent events in the US. This could be a warning (I'm just guessing but worth to think about it)

[Monte]

Stop fooling around, 90% of the players that use moneybookers at US books are lurkers/arbers.
Iam not judging that, smart ppl, but do you think the books are ******* stupid?

[PD77]

The Greek has pulled some crazy withdrawal crap like this with me before too. I've deposited via C 2 P, W U, and SBR points and everytime the screw me around on the ways I can withdraw depending on how I deposit. The last instance I deposited $500 from SBR points and after I met the rollover I wanted to do a B2B transfer and they said I couldnt. I could only use C 2 P. The last time I used W U they said I had to wd back to W U the amount I deposited before I could withdraw to C 2 P. Makes no sense to me and it gives me the feeling they dont want me to withdraw at all. Dont get me wrong, I think The Greek is as solid as they come but they need to stop jerking players around on withdrawal methods. I should be able to deposit using W U and wd to C 2 P if I want to.

I think I remember them saying something about credits with C 2 P. So if you are net down at MB you can withdraw back to the amount you are down and then you have to choose another method which is total BS if you ask me.

[Hareeba!]

Stop fooling around, 90% of the players that use moneybookers at US books are lurkers/arbers.
Iam not judging that, smart ppl, but do you think the books are ******* stupid?

so I'm an undesirable despite the fact that I don't do arbs?
lurkers ?

what a load of cods!

[Monte]

Yea Yea Mr. Spammer Hareeeba, there is a reason why books like BM don't give bonuses on moneybookers/Neteller.
Now the Greek won't let you do unlimited mb payouts, you figure it out yourself why smartass.

[Hareeba!]

Yea Yea Mr. Spammer Hareeeba, there is a reason why books like BM don't give bonuses on moneybookers/Neteller.
Now the Greek won't let you do unlimited mb payouts, you figure it out yourself why smartass.

I have no interest in the bonuses. The books I play at don't offer them anyway.
I've been using MBookers for years with no hassles at all.
You're the smartarse who claims to understand this thing (if it is real - I'm not yet convinced) so you tell me why MBookers is used more than other means by arbers (and lurkers whatever they are).

spammer ?
wtf are you on about now?

[justonetime]

I also always thought the opposite was the policy. You have to withdraw up to your deposited amount using your original deposit method. Then, you were free to withdraw with any method as you please.

This is a ridiculous policy if true. So it means that if you make a deposit and somehow find a way to win, you must also find another way to get your winnings. Somethings does not seem right coming from an A+ book like Thegreek.

[Hareeba!]

I also always thought the opposite was the policy. You have to withdraw up to your deposited amount using your original deposit method. Then, you were free to withdraw with any method as you please.

This is a ridiculous policy if true. So it means that if you make a deposit and somehow find a way to win, you must also find another way to get your winnings. Somethings does not seem right coming from an A+ book like Thegreek.

Agreed.
I'll believe it when I see it happen on my next withdrawal.
If it does I'll be making it a full withdrawal and account closure.

[Ibrakadabra]

Very bad Moneybookers policy, that´s for sure. But reading the review, on the subject of withdrawals, here at SBR I think things could be said about them before also.

For many withdrawal methods it says:

"Free if following conditions are met:

- Withdrawal of any type has not been made in the previous 14 days
- Account has been open, wagers placed each week for last 30 days "

I think it´s asking a bit much that people need to bet every week just to be able to withdraw for free? Shouldn´t we expect a bit more customer friendly withdrawal policies from A+ bookies?

[BAUS]

Lurkers?? Lol.

If Moneybookers is only used by arbers, then I guess there must be 17.6 million arbers out there. (According to the Moneybookers home page that's how many clients they have).

This might just be a measure Greek is using to keep lower amounts in their MB account. Regardless of the reason, it's certainly not good for players.

BAUS

[Monte]

You don't seem to get it.
What is the chance that a recreational gambler from outside the U.S. sets up a moneybookers account, and deposits at an US book like the Greek. And no Hareeba and Baus, you don't qualify as gambler =p

Right, it's close to zero. Greek knows this. They take the players, but they don't want to allow an endless flow of moneybookers transactions, simply cos why would they want to have an account there with huge amounts just to please the arbers and other folks that are not rec. gamblers.
If they made this rule now, it prolly took overhand for some reason. Maybe the bigger bonus on march madness attracted a lot of folks, or the 10c lines make the whole thing less efficient for them...whatever the reason is, Greek always uses some logics.
That's why they are on the top.

Ppl like Hareeba fail to see this, all you see is your Betfair imperium anyway.
So here is a newsflash for you, the Greek has a totally different target base than Betfair.
They don't want to open the highway on moneybookers transfers for ppl outside the US, because these are 99% NOT fans addicted to US sports. Was that clear enough for you?

[Hareeba!]

You don't seem to get it.
What is the chance that a recreational gambler from outside the U.S. sets up a moneybookers account, and deposits at an US book like the Greek. And no Hareeba and Baus, you don't qualify as gambler =p

Right, it's close to zero. Greek knows this. They take the players, but they don't want to allow an endless flow of moneybookers transactions, simply cos why would they want to have an account there with huge amounts just to please the arbers and other folks that are not rec. gamblers.
If they made this rule now, it prolly took overhand for some reason. Maybe the bigger bonus on march madness attracted a lot of folks, or the 10c lines make the whole thing less efficient for them...whatever the reason is, Greek always uses some logics.
That's why they are on the top.

Ppl like Hareeba fail to see this, all you see is your Betfair imperium anyway.
So here is a newsflash for you, the Greek has a totally different target base than Betfair.
They don't want to open the highway on moneybookers transfers for ppl outside the US, because these are 99% NOT fans addicted to US sports. Was that clear enough for you?

apart from "you don't qualify as gambler =p", clear enough but a load of crap

still waiting for explanation of 'lurkers' and my 'spamming'

[Monte]

Lurker...someone who mostly plays lines that seem weak, often after a Pinny move for example.
You are a gambler? Bullshit. Business man would fit better, or why would you get so upset about this moneybookers thing huh?
As if a gambler would care if he can only transfer to another book or collect his woohoo money in whatever way.

And spammer...you really don't know? How often did you mention your holy Betfair cow in every way/thread possible?
You make me smile.

[Hareeba!]

Lurker...someone who mostly plays lines that seem weak, often after a Pinny move for example.

thanks for the explanation
never heard that one before
sounds like a steam player

You are a gambler? Bullshit. Business man would fit better, or why would you get so upset about this moneybookers thing huh?
As if a gambler would care if he can only transfer to another book or collect his woohoo money in whatever way.

No, I never use the term 'gambler' to describe myself but most I know do refer to as me one. Regardless, the relevance in this discussion escapes me.

Nothing you've posted explains why arbers or lurkers would be more prevalent on Moneybookers than other funding avenues.

And spammer...you really don't know? How often did you mention your holy Betfair cow in every way/thread possible?
You make me smile.

I make no apology for correcting misinformation posted by some or responding with my positive experiences of any book, be it Betfair or any other. Similarly I will criticise them when I find them to be at fault in some regard. There are examples of that in other threads.

As to "spamming" I suggest you look up its meaning because what you have posted regarding my posts, even if it were true, doesn't fit the definition.

[Monte]

Nothing you've posted explains why arbers or lurkers would be more prevalent on Moneybookers than other funding avenues.

Simple, cos e-wallets make it easy to move money around quickly.
Big amounts make arbers happy, naturally you will sometimes end up with a lot of money in one account. But (depending on your bankroll ofc) that can be a bad thing, you need it spread out again. Mbookers/Neteller always was the easiest and fastest way to do this.

That aside, mostly educated players use e-wallets. They understood how useful it is, compared to checks and having to deal with your real life bank.
Sooo, counting 1 + 1 together...educated player outside the U.S. depositing at the Greek with e-wallets...hmm what peoples will that usually be.

P.S. sorry if i was offensive, i have nothing against you, it's getting late.

[Birre]

Almost all of these Us books have a poker room, moneybookers is the most used funding method for poker players outside the US. Also some people don't like having gambling transactions on their bank statements.

I'm not saying arbers don't use moneybookers but saying 90% of MB transactions are from arbers...
but it is known that most of the Eastern EU fraudsters use MB (see CRIS banning MB for bonuses)

[Hareeba!]

It just seems so ludicrous that a book would effectively cease allowing customers to use the most efficient means of depositing and withdrawing, particularly considering how difficult the US is making other forms of funding for it's citizens.

If its true it is just more evidence of what a mad world this is becoming.

[davidchong]

Betfair and Poker Stars have the same policy applied to you, you have to withdrawl up to the amounts deposited on each method and then you can withdrawl to your preferred method.

[Hareeba!]

Betfair and Poker Stars have the same policy applied to you, you have to withdrawl up to the amounts deposited on each method and then you can withdrawl to your preferred method.

that's been standard policy for most books but what Greek is supposedly doing is turning that on its ear!

[mminkovski]

probably TheGreek suspect you're money laundering through moneybookers?

[Hareeba!]

deleted

[jairocon]

It's well known that moneybookers isn't exactly used by desireable players.

BS! Many euro books now charge for cc deposits, mbookers is always free. I'd say 90% of my deposits go through mbookers as it's faster and cheaper. And I'm sure a book will rather send you your money back using mbookers than sending you a wire or refund your cc.

[kostasgr]

If i remember i had withdraw more than i had deposited.