Also, they need to fees to prevent douche bags from withdrawing $100 after a win.
I am not trying to look down on people based on their wager amounts, but too many people would be processing withdrawals after a couple of wins.
Wolfie mentioned costs for the companies, with the exception of Fedex, I am not familiar with their costs, but he raises a valid point as well.
I am not trying to look down on people based on their wager amounts, but too many people would be processing withdrawals after a couple of wins.
Wolfie mentioned costs for the companies, with the exception of Fedex, I am not familiar with their costs, but he raises a valid point as well.
A withdrawl cost: 1.5% + 50cents per transactions.
For $100, 1.50 + .50 = Cost $2.00 (they took $15)
For $1000, 15.00 + .50 = Cost $15.50 (they took $30)
Then charge the real cost instead a flat fee.
If you wins, the money is yours. Will fine if you wins $100 and took $2 for process Fee (company), but $15 is an abuse.
For $100, 1.50 + .50 = Cost $2.00 (they took $15)
For $1000, 15.00 + .50 = Cost $15.50 (they took $30)
Then charge the real cost instead a flat fee.
If you wins, the money is yours. Will fine if you wins $100 and took $2 for process Fee (company), but $15 is an abuse.
maybe the fee is justified if you are paying by a check and the payment processor is raping you as you mention, but for a MG i think it should never be over 25 bucks for 300 or less, and 50-60 for 800 or less.
I hate when they want to charge me 40-50 for a MG for 199 withdrawal.
I just don't see how if the MG cost 9.95 and they are probably paying some runner a few bucks an hour and on top of that they are probably picking up and sending many at a time, it's not like they send Jose out of the office and he has to catch a bus and then bike 50 miles just to get to a MG station to sent me or ONE person their withdrawal request.
I can justify 25, roughly 10 bucks for the fee a few bucks for Jose and the remaining as office expense.
if it is your money and they are a sportsbook and it's is called gambling is it not, i see NO reason why you can't withdrawal after depositing and then hitting a few winners.
Not all people deposit a grand and bet 100-200 a play. Some only deposit 100-200 and if they play anywhere from 5-50 and they happen to get hot and go up a 100 or 200, they should be able to withdrawal without being raped.
Now of course if you got some nice bonus i could see the book trying to recoup some of it after a quick deposit and withdrawal.
But that opening statement above about preventing douche bags from WD's after winning 100 is wrong IMO.
You imply that the better should have to make X amount of plays before being allowed to get back their OWN money they put in. If a player was required to have to make X amount of plays that in return favors the book for you to eventually lose.
If i go over to the local casino and put a 20 in a slot machine and right off the bat it hits for 1000 and i have to wait for the attendant to come over, the attendant doesn't tell me i'm allowed X amount of the payout cause i just started playing on that machine.
There is a maximum number of deposits that can be done per day, and the house usually picks up incoming fees. Do you think the house should eat fees coming and going?
In different times I can see how one could be annoyed but look at the times we are in, you are lucky to be able to get money offshore considering the fact that for the books it is a constant battle to keep the channels open.
In different times I can see how one could be annoyed but look at the times we are in, you are lucky to be able to get money offshore considering the fact that for the books it is a constant battle to keep the channels open.
I don't mind paying $15-$25 for a check,but when a place wants $90
thats crazy(especially if its 6 or 700.)
I don't abuse withdrawals from books cause ita a pain to get money
back in,but places like Jazz & Atlas are raping people-especially the
smaller players.2 free(or small charge)per year is fine for me.
thats crazy(especially if its 6 or 700.)
I don't abuse withdrawals from books cause ita a pain to get money
back in,but places like Jazz & Atlas are raping people-especially the
smaller players.2 free(or small charge)per year is fine for me.
After this post I am not going to get into more details but just so you know its not THAT easy
a) you first have to find a gazillion 'Joses' , you are aware that a book processes (depending on the size of the book of course) a BUNCH of payouts, you cant simply show up at a MG place and say 'hello, I have 10000 dollars here and I want to send 100 MGs , this is the list"
b) if you do what I said in 'a' there may be taxing issues on moving the $ from the tax free jurisdiction where you are getting the $ to the place where the MG is actually sent
c) how likely do you think one of joses disappear with the money?
d) do I just go out to the street and say "GET 10 DOLLARS FOR SENDING AN MG........."
its not THAT easy, if you could only see the hops we go through to send the darn $ ........now of course you can debate some of my points....but obviously I can't debate further because I am not going to spill the beans here
sad reality, money transfer payouts are $ , checks are $$$$ AND a pain too, you know that we have some @#$@#$# guys from Washington trying to make that particular part of the transaction....IMPOSSIBLE, right?
btw, one more thing, in the CR Bookie Chat there have been at least two reported cases (which I am sure we have a gazillion more unreported) of 'Jose' getting robbed at gun point while picking up transfers...so there you go.
If you at local casino, and you want $200 from your Credit Card, and the teller said: sir we have to collect 3% from your $200, as fee for process your request. You will never see that....
Yes, the incomming asumed by the house,
The outgoing... can be split or by the client but never should collect more than the real cost for the transaction.
do these local casinos have the Feds trying to prevent them from taking/paying money?
Furthermore there is no way for the customer to know the real cost of any transaction, david, perhaps you can set up a payment solution for books that charges the prices you quoted........contact me , I WOULD use your company even if you double or triple that price!
I wasn't aware that books still reversed credit card transactions, that was common practice when I started in 99 but visa/mc QUICKLY moved to block that and started with all sorts of limits. The cost of a reversal IS not that price you are quoting and there is (was) a limit to how many reversals/day you can do.
As far as ewallets I can't comment......we've tried to avoid that since many customers dislike the extra hop and therefore we haven't used that option in quite a while.
That is how books 'really' operate, we have a bunch of guys......and we contract with the taxi company, on payout days we have a line of taxis waiting to take our 'runners' to the MG store with $$$, the employees are happy to use their identities to send $, they never get asked "how come you are sending $$$ every other day", noone ever steals money, noone ever gets robbed.....
hno:There a lot!!
Due neteller and Moneybookers are not legal for USA,
Look on this one, can be used by any sportsbook to US PLAYERS!
http://www.envoyservices.com/
http://chargestream.com/ this one the best of Europe, Uk sportsbook with a and b ratings use this one to send money. (NO COST FOR THE PLAYER).
