betonline- CHARGING $100 MINIMUM TO TRASNFER TO 5DIMES/THEGREEK
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bubbaSBR MVP
- 09-29-05
- 2432
#71Comment -
BetOnlineSBR Sharp
- 01-07-09
- 256
#72This is a new security policy for our book to book transfers to ensure that we are within our required KYC rules. Afraid there's nothing I can do about it--it is for the protection of both of our interests to combat the few bad apples out there trying to screw it all up for everybody.Comment -
acarmelo1SBR Hall of Famer
- 09-29-09
- 6321
#73Gentlemen, gentlemen, gentlemen.. and Bubba.
Remember when DEPOSIT options were a huge issue at BetOnline? It took awhile, but we've turned that around. Improving ALL payout processes: check minimums and times, bankwires for larger amounts, are all now getting the attention once reserved for deposit options.
One thing I can tell you: moving ANY money is now more costly than it has EVER been in this industry. And that's a reality that all B or better books have to deal with (we don't charge you for deposits like some "A" books do). And processing post Apr-15 is more of a challenge than ever, as you can imagine, but it becomes a simple risk-reward calculation for processors, so I DO expect it to become more expensive... but we can and will "process the eCom."
But your issue with us is mis-directed.
Yes, EXACTLY like A+ and in many ways role-model Bookmaker, we now charge for B2b transfers out of the book. But like ANY and EVERY other A+ book should do, we'll gladly REFUND any transfer fees to your account when you're charged by other books for transferring to US. Tell them you want to bring $Xk over from BOL but it'll cost $Y, will they cover that? You know WE will--why don't they? Let's raise the bar here!
It does cost money to move money--and the larger amount, the more it costs.
As USUAL, if you NEED a wire option, ping me here and I'll see what we can do. We will have a more reliable option up for this service in the coming weeks.
Cheers,
Alex
You said you will cover the B2B fees for transfer into BetOnline when you clearly know the other Books you do transfer with are not charging fees.
So you are getting a free pass here.Comment -
packmanSBR Rookie
- 07-18-09
- 48
#74This is a new security policy for our book to book transfers to ensure that we are within our required KYC rules. Afraid there's nothing I can do about it--it is for the protection of both of our interests to combat the few bad apples out there trying to screw it all up for everybody.
CheersComment -
BetOnlineSBR Sharp
- 01-07-09
- 256
#75I will continue to discuss these changes and charges for B2B with the executive and security teams given the input received here.
AlexComment -
packmanSBR Rookie
- 07-18-09
- 48
#76I just did a fee calculation. To withdraw all my funds from BOL I am going to forfeit $811 in fees. Ouch!Comment -
IbrakadabraSBR Sharp
- 10-30-10
- 271
#77Very few would have a problem with you trying to combat those trying to screw things up. But wouldn´t it make more sense to target those "bad apples" instead of everyone? Especially since they are only "a few"?Comment -
packmanSBR Rookie
- 07-18-09
- 48
#78Post up is dead and BOL knows it. This is the start to phasing out post up in favor of the PPH model.Comment -
KindredSBR MVP
- 09-09-08
- 2901
#81$500 min for checks is still a little steep for players looking to try the book/casino out. I understand you need to charge to send a check but if I have $400 in my account I can't withdraw it..Bookmaker last time I checked it's $50 minimum for withdrawal.
That being said it's nice to see the books rep here posting on SBR and trying to accommodate playersComment -
packmanSBR Rookie
- 07-18-09
- 48
#82
The last rep I saw in forumville praising their operation was Parlaymakers…..does anyone remember what happened to them?Comment -
Keith RichardSBR MVP
- 07-06-06
- 1576
#83WSEX used to have a rep in here occasionally too.I wonder why they don't show their face anymore?Comment -
Astros148SBR MVP
- 12-11-10
- 1417
#84lol wht a jokeComment -
chooSBR Rookie
- 04-28-11
- 34
#85Hey Alex -
I imagine the newly implemented fees on *** are for security purposes, too?Comment -
chooSBR Rookie
- 04-28-11
- 34
#86Hey Alex -
I imagine the newly implemented fees on *** are for security purposes, too?Comment -
Dark HorseSBR Posting Legend
- 12-14-05
- 13764
#87We're working on bankwires for larger amounts. Depending where you live (or bank), it can be problematic but do have some solutions in the pipeline.
We've also tweaked a few other payment options as per this thread; dropping the payout check limit to $500, raising the ewallet payout maximums. Thanks as usual for the input--it's a process... glad it's only a tiny minority of our players who bump into these limits. We WILL get this area of the biz sorted as we have the rest of the biz.
Cheers,
AlexComment -
acarmelo1SBR Hall of Famer
- 09-29-09
- 6321
#89So if I have $150 on Betonline how do I withdraw, for free?Comment -
slashSBR MVP
- 08-10-05
- 1000
#91So what is the max one can withdraw from here on a weekly basis? Seems that even by moneyb00kers one can only withdraw 5k each week (pinnacle unlimited but max 50k at a time)...
So if I have a 10k balance it will take me at least 8 days to withdraw it all? Please correct me if I am wrong. Or is it possible to max all possible methods??Comment -
packmanSBR Rookie
- 07-18-09
- 48
#93So what is the max one can withdraw from here on a weekly basis? Seems that even by moneyb00kers one can only withdraw 5k each week (pinnacle unlimited but max 50k at a time)...
So if I have a 10k balance it will take me at least 8 days to withdraw it all? Please correct me if I am wrong. Or is it possible to max all possible methods??Comment -
bubbaSBR MVP
- 09-29-05
- 2432
#94
betonline is constantly emailing me "what is new at betonline". somehow these 100+ in new fees failed to make the emails!Comment -
mr.inpakSBR Sharp
- 12-13-09
- 449
#95this is a discrase especially since getting payouts are so much harder these daysComment -
vividjohn45SBR Hall of Famer
- 11-21-10
- 6331
#96dear god.Comment -
slashSBR MVP
- 08-10-05
- 1000
#97So one can bet 10k on NBA sides but withdraw less than that in a week?Comment -
ScorpionSBR Hall of Famer
- 09-04-05
- 7797
#99Alex,
I signed up at BOL when you started doing book to book transfers with the big boys. I have transferred in and out with the Greek 2 or 3 times over the past 6-8 months without any problems.
This week I tried to transfer to the Greek and was told I can not do a book to book transfer until I use two other withdraw methods first. This must be a new rule, a rule to which I did not sign up for. BOL customer service wants me to do a ** and a ** withdraw for $800 each with a fee of $80 each. Then they say I can do a book to book transfer to the Greek for up to $8000 with a $250 fee. These fees are awfully expensive.
Anyway, I not interested in arguing over the amount of the fees, I just want to get my money via book to book transfer without the hassle of using ** or ** to get an $800 peanut. Please consider allowing me to withdraw back to the Greek via the same method I deposited. Thanks!
You can be sure I will not send betonline any more depositsComment -
ThrempSBR MVP
- 07-23-07
- 2067
#100Should revise KYC regulations in line with industry IMO.Comment -
Dark HorseSBR Posting Legend
- 12-14-05
- 13764
#101People that deposited in the past should be able to take out their money under the conditions that were in place at the time. I feel pretty sure that, previously, Alex would have agreed with this. This new direction may have short term benefits for the book, but players that run into unpleasant surprises on the payout side tend to remember for a long time.Comment -
John DoughSBR MVP
- 09-21-05
- 1785
#102People that deposited in the past should be able to take out their money under the conditions that were in place at the time. I feel pretty sure that, previously, Alex would have agreed with this. This new direction may have short term benefits for the book, but players that run into unpleasant surprises on the payout side tend to remember for a long time.Comment -
joe blowSBR Wise Guy
- 05-09-06
- 775
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JohnnyCSBR Wise Guy
- 02-27-09
- 504
#104We're working on bankwires for larger amounts. Depending where you live (or bank), it can be problematic but do have some solutions in the pipeline.
We've also tweaked a few other payment options as per this thread; dropping the payout check limit to $500, raising the ewallet payout maximums. Thanks as usual for the input--it's a process... glad it's only a tiny minority of our players who bump into these limits. We WILL get this area of the biz sorted as we have the rest of the biz.
Cheers,
AlexComment -
RickySteveRestricted User
- 01-31-06
- 3415
#105Comment
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