Bookmaker high withdrawal fees

[Majman]

Just withdrew a small 4 figure amount and their ptp fee is now $150! Are people really paying these wild fees?

Is this really one of the 4 SBR A+ books? They charge max juice, no rakeback on poker and really have no other benefits! I know things have gotten bad but this is truly ridiculous.

[ferndog]

Don't they have a rewards program that allows for a free withdrawal?

[BigDaddy]

you used to be able to get 2500 for $150

is that what you got or did they change the fees?

my suggestion is to take a check

it only takes 5-7 days most of the time.

[Majman]

you used to be able to get 2500 for $150

is that what you got or did they change the fees?

my suggestion is to take a check

it only takes 5-7 days most of the time.

Yes, that is exactly the deal that I got. What is the going rate from a big book for the same transaction? Can't be $150.

I prefer to stay away from the checks.

[BigDaddy]

Yes, that is exactly the deal that I got. What is the going rate from a big book for the same transaction? Can't be $150.

I prefer to stay away from the checks.

all books are different

i just have the chart for BM

i prefer to stay away from paying high fees

[5mike5]

2,500 is 110 at 5Dimes via p2p....around 25% cheapier than bookmaker for that amount...but p2p is cash in hand in 24 hrs there, no clue about how bookmaker does their payouts

[betplom]

I would love to know the justification behind the high withdrawal fees from CRIS/Bookmaker.

Moneybookers is my preferred cashout method, CRIS charges for Moneybookers withdrawals:

$0-500=$15 fee
$501-2500=$30 fee
$2,501-5000=$60 fee
$5,001-8000=$100 fee

Now a $15 fee isn't too bad but the higher fees are unreasonable, plus they state that withdrawals may take up to 7 days to process.

For the fees they gouge you with the withdrawal should at least be prompt.

Pinnacle pays within 5 minutes via Moneybookers and first withdrawal per month is free, then $15 each.

Carib, free - processed in minutes.

Legends, free - processed same day.

Matchbook, free - processed same day.

[Monte]

150 fee for 2500 adds how much juice? probably at least 3c more to every line in the long run, if we'd do a honest review on how low chances of making money at BM really are...i think people would run away. Lucky for them, most ppl seem to think that paying for their "service" is okay.

[Majman]

I'm done with them. Their fees are too much. Where else is there to turn? Ridiculous.

[skinnydan]

The check is the cheapest option, as the fee is flat. $65 for $100 up to 3k. Not bad at all

[tgoodm1]

The DC is actually the cheapest method with a max withdraw of $2500. Get creative.

[RonPaul2008]

Somebody please take the above post down/please delete it tgoodm1!
SBR and the books frown on posting that kind of information.

[tgoodm1]

Somebody please take the above post down/please delete it tgoodm1! SBR and the books frown on posting that kind of information.

I edited it. Is that better?

[RonPaul2008]

I edited it. Is that better?

Not really...you should not mention the method at all.

[BigDaddy]

thank you for editing that

i wish sbr would block those words like they do some others

[relaaxx]

The check is the cheapest option, as the fee is flat. $65 for $100 up to 3k. Not bad at all

the fees are the worse thing about bookmaker. this is the cheapest option, and it is still way too much. the other options are totally ridiculous in fees. try transferring funds. last time i did that it cost me $200 to send $2000. closed my account after that. now i am back. looks like it was a mistake. it's getting worse. time to close the account for good this time.

[tgoodm1]

the other options are totally ridiculous in fees. try transferring funds. last time i did that it cost me $200 to send $2000.

Are you referring to book-to-book transfers?

[relaaxx]

Are you referring to book-to-book transfers?

yes

[tgoodm1]

yes

Wow! I was not aware. I've done transfers into BM, but never out. That is good to know.

So not only do they tax you coming in with the BTB transfer with a 3x rollover, but they tax you going out.

These guys know how squeeze a quarter out of a dime.

[Monte]

Too many silly people who won't stop using them, the past glory is very long gone.
Would be best for everyone if they would just disappear, and make space for better books.

[Coming Back!]

Too many silly people who won't stop using them, the past glory is very long gone.
Would be best for everyone if they would just disappear, and make space for better books.

Such as?

[PAI]

Bookmaker pays, period. I don't gamble by a set of industry standard rules. I don't pay too much attention to the difference in juice at different books, or the difference in a line (spread). If I like a spread at -4.5, I would like that side at -5 or -5.5 also. Whether its -110 or -120 doesn't make a difference to me. Like I said I am not orthodox in my gambling. I just know when I deposit $300 to $500 in a book and take out a few thousand two to three weeks later (sometimes), I consider myself ahead no matter the fees. I don't do the 2% bankroll money management thing either. Anyhow, the only thing that matters is that the book is stable and can pay out. That's just me.

[tgoodm1]

Bookmaker pays, period. I don't gamble by a set of industry standard rules. I don't pay too much attention to the difference in juice at different books, or the difference in a line (spread). If I like a spread at -4.5, I would like that side at -5 or -5.5 also. Whether its -110 or -120 doesn't make a difference to me. Like I said I am not orthodox in my gambling. I just know when I deposit $300 to $500 in a book and take out a few thousand two to three weeks later (sometimes), I consider myself ahead no matter the fees. I don't do the 2% bankroll money management thing either. Anyhow, the only thing that matters is that the book is stable and can pay out. That's just me.

Good points...

I would narrow it down to..."You get what you pay for.".

Ritz Carlton service doesn't come cheap, but you know what to expect...top of the line service.

I'd rather pay more to get great service and not be disappointed.

[baskets]

insane

[goduke]

just use your loyalty points, i take cash outs for free using those. if you bet enough you wont have to worry about these fees

[BigDaddy]

just use your loyalty points, i take cash outs for free using those. if you bet enough you wont have to worry about these fees

it still cost you money as you could have used the points for something of value.

[Microphone]

it still cost you money as you could have used the points for something of value.

Huh? You mean at 5 Dimes, Bet Islands, Heritage, Pinnacle etc. you can get GC's for Amazon, EBay etc? Oh wait.......

[Coming Back!]

I'm a huge BM supporter &I diamond customer. However, I must admit the fees are getting to me. After losing most the year, I had a nice run. $600 for a **. Then a week ltr, I requested another payout. $600 again. That's $1200 bucks!!!! I don't think it's their fault though. It's not easy finding a 3rd party processor that is willing, honest, & reliable. With that being said, BM always pays!!! The industry is very tough right now. Hence thegreek bailing on the US