Interbook Transfers Question

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  • SR
    SBR MVP
    • 09-10-08
    • 1317

    #1
    Interbook Transfers Question
    Due to payout concerns at certain books I am considering using the free interbook transfer option to get it to a book that has the ability to send checks on time.

    However....

    It appears if I move money from say WSEX to Betjam that it is subject to another 4x rollover requirement??

    Thats crazy, say I want to transfer 1K....I will have to wager 4k just to have a chance to get it out? Thats way to risky, might as well just wait the 2 months or however long the checks are taking.

    Can someone confirm or deny this. Because I have never had any problems whatsoever at Betjam and would like to transfer my cash to them, but find it outrageous that I am forced to risk losing all of it before I can ask for my cash.
  • smitch124
    SBR Posting Legend
    • 05-19-08
    • 12566

    #2
    I think its 1x rollover on those transfers, maybe different for each book tho...
    Comment
    • SR
      SBR MVP
      • 09-10-08
      • 1317

      #3
      It says 4x on betjam....That would take me forever betting 50-150 per game on 1K transfered.
      Comment
      • durito
        SBR Posting Legend
        • 07-03-06
        • 13173

        #4
        BetJM is not a bank nor do they want to be treated like one. Thus the rollover.

        You could try matchbook.
        Comment
        • bigboydan
          SBR Aristocracy
          • 08-10-05
          • 55420

          #5
          I thought it was a 3x's rollover at BetJamaica and 4x's at TheGreek, however I was mistaken. Both books have a 4x's rollover on book-to-book transfers and had that rule in place for a little over a month now.

          Translation being everyone was doing this method before and the Spiro family of books adjusted according to prevent such matters. Personally I can't blame them for it.
          Comment
          • smitch124
            SBR Posting Legend
            • 05-19-08
            • 12566

            #6
            I was trying to find what the (rollover) requirement for transfers to Matchbook before withdrawal is allowed in their rules section, but I could find no mention of it. Do you know what it is BBD?
            Comment
            • John Dough
              SBR MVP
              • 09-21-05
              • 1785

              #7
              Originally posted by durito
              BetJM is not a bank nor do they want to be treated like one. Thus the rollover.

              You could try matchbook.
              What he said. The rollover is easily justified.
              Comment
              • tmoney
                SBR High Roller
                • 10-06-08
                • 138

                #8
                Take Your Cash Out This Is A Low Class Book Thats Telling Everyone Bs
                Comment
                • SR
                  SBR MVP
                  • 09-10-08
                  • 1317

                  #9
                  Its amazing how much respect everyone has for these books. Just because they take your action doesn't mean you have to have reverence for them. We are the consumer here, without us they do not exist.

                  I play at Betjam daily, they get plenty of juice off of me. If I withdraw more than once a month I gladly pay the fee (which they are collecting on, a fed ex and single check does not cost $50).

                  I understand the rollover if your a new player and just trying to cashout, but for someone who already has money there and is allowed to take it out anyways I don't see any reason why I should have to risk more to use my once per month free withdrawel that I already would use with my current balance. It costs them nothing for book to book transfers.

                  Maybe they arnt banks, but all the books sure are starting to get greedy and act like them with the fees and requirements.
                  Comment
                  • Masu485
                    SBR Hall of Famer
                    • 08-14-08
                    • 7700

                    #10
                    what the hell, i had an interbook question last week, and my thread got like 1 reply that didn't even help.

                    Comment
                    • Mudcat
                      Restricted User
                      • 07-21-05
                      • 9287

                      #11
                      Originally posted by SR
                      Its amazing how much respect everyone has for these books. Just because they take your action doesn't mean you have to have reverence for them. We are the consumer here, without us they do not exist.

                      Exactly. So if you don't like the 4x rollover, don't B2B transfer there.
                      Comment
                      • John Dough
                        SBR MVP
                        • 09-21-05
                        • 1785

                        #12
                        Originally posted by SR
                        Its amazing how much respect everyone has for these books. Just because they take your action doesn't mean you have to have reverence for them. We are the consumer here, without us they do not exist.

                        I play at Betjam daily, they get plenty of juice off of me. If I withdraw more than once a month I gladly pay the fee (which they are collecting on, a fed ex and single check does not cost $50).

                        I understand the rollover if your a new player and just trying to cashout, but for someone who already has money there and is allowed to take it out anyways I don't see any reason why I should have to risk more to use my once per month free withdrawel that I already would use with my current balance. It costs them nothing for book to book transfers.

                        Maybe they arnt banks, but all the books sure are starting to get greedy and act like them with the fees and requirements.
                        SR, if you already have $ at BetJM, withdraw it FIRST (for your free monthly payout if you haven't taken it already this month), THEN send them the B2B transfer and work off the rollover that way.
                        Comment
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