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how are sportsbook.com's payouts? how are sportsbook.com's payouts?

09-19-2011 , 04:05 AM
cashout to prepaid visa?
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09-19-2011 , 04:57 PM
pinnacle seems good to me
how are sportsbook.com's payouts? Quote
09-20-2011 , 02:08 AM
whats that?
how are sportsbook.com's payouts? Quote
09-20-2011 , 06:53 PM
cashout to card?
how are sportsbook.com's payouts? Quote
09-20-2011 , 06:54 PM
if you win a lot they will **** you in the ass

there, i answered your question
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09-20-2011 , 07:30 PM
Not trying to shill for a book that has had tons of problems in the past, but I've done about 10 withdrawals ($2000-$4000 each) in the past 2.5 years with very little trouble. Most were bank wires, a couple were checks.
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09-20-2011 , 10:23 PM
atrainpsu I hope you're right. I tried to wire out 4k of winnings last week and it still says pending on my account. Based on this thread I shouldn't expect cash until 2012. If it actually comes quicker then that, then it's not a bad site. I got a pretty good 25% cancel my cashout bonus that was pretty easy to clear, just avoid their blackjack.
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09-21-2011 , 10:18 PM
Actually f sportsbook, emailed them today and they said it would be 8 weeks for my money. This is insane. If anyone is thinking of using sportsbook, avoid like the plague, and put your money in a bottle and toss in the ocean. You've got about the same chance of ever seeing your $$$.
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09-22-2011 , 01:19 AM
I am in the same boat for low 5 figures. BLEHHHHHHHHHHHHHHHHHHHHH
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09-22-2011 , 10:43 AM
They find lots of creative ways to stiff winners. The two most obvious examples I know of were in one case, they retroactively voided a bunch of winning correlated parlays, and in another, they announced they were leaving the US market and voided a bunch of futures with positive equity, and a week later promptly announced they were returning to the US market without reinstating the futures.
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09-22-2011 , 10:51 AM
I don't know the details other than what he personally posted about it, but they outright stole 150k from imstillben for what appears to be no good reason whatsoever, and this along with every SBR person in charge who deals with them claims they practically celebrate and throw a party when they steal money
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09-22-2011 , 12:55 PM
Shills gonna shill, but I've had an account there for 5 years ish and have never had trouble getting paid. $50k plus over that time. There's been some slow pays, and they've warned me and limited me, but I'm still getting paid. Account to debit card in < week. Used to do wires and checks, but debit is faster.
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09-22-2011 , 02:22 PM
Yea I'm not sure what to think.

It seems only sportsbook.ag out of all their skins is having payout issues. I am not sure what that means (all payouts seem to come from same company regardless of skin)
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09-23-2011 , 11:14 PM
Quote:
Originally Posted by BeL0wMe
atrainpsu I hope you're right. I tried to wire out 4k of winnings last week and it still says pending on my account. Based on this thread I shouldn't expect cash until 2012. If it actually comes quicker then that, then it's not a bad site. I got a pretty good 25% cancel my cashout bonus that was pretty easy to clear, just avoid their blackjack.
LOL 25% to cancel your withdrawal? i dont now whether to think thats +EV or -EV
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09-23-2011 , 11:20 PM
Quote:
Originally Posted by acesover8s
Shills gonna shill, but I've had an account there for 5 years ish and have never had trouble getting paid. $50k plus over that time. There's been some slow pays, and they've warned me and limited me, but I'm still getting paid. Account to debit card in < week. Used to do wires and checks, but debit is faster.
can u explain debit please? only options i see is check and bank wire. out of the 2 i assume bankwire is faster. where did you find debit?
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09-23-2011 , 11:21 PM
Quote:
Originally Posted by gmcarroll33
I don't know the details other than what he personally posted about it, but they outright stole 150k from imstillben for what appears to be no good reason whatsoever, and this along with every SBR person in charge who deals with them claims they practically celebrate and throw a party when they steal money
im going to google this, i havent heard this before... have a link where i could read up on it?
how are sportsbook.com's payouts? Quote
09-24-2011 , 12:09 AM
The "cancel your withdrawal" thing has been mentioned recently on SBR. Between that and the cashout delays, it's obvious these guys are low on funds.

Regarding the theft, I don't know what they specifically did to ImStillBen, but the two things they did to me and/or people I know, in one case they retroactively canceled about a month or two worth of correlated parlays, and in another case they canceled a bunch of futures with positive equity but only refunded the stake amount, claiming they were exiting the US market, but a week or two later they announced they were returning to the US market without reinstating the futures.

The most egregious example of the futures cancellation, at the time of the voided futures, baseball was in the league championship series, so they'd already graded LCS and World Series futures on 26 of the teams as losers, but anyone holding a ticket on the 4 remaining teams had their bet voided. So sportsbook.com essentially freerolled everybody and didn't have to pay out a single LCS or WS future while they still got to collect on a bunch of losing bets.
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09-24-2011 , 12:12 AM
lol @ the futures cancellation, I hadn't heard that

I may or may not have gotten fked by the correlated parlay thing
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09-24-2011 , 01:23 AM
Quote:
Originally Posted by beetman
The "cancel your withdrawal" thing has been mentioned recently on SBR. Between that and the cashout delays, it's obvious these guys are low on funds.
I don't believe they are low on funds. I believe they were having processor issues (looks like they may have fixed them now). This has happened in the past. They have paid me large sums over the years, but there have been times when they have processor issues and it take a long time to get payed. At other times, they are able to send bank wires which take 48 hours or less (really blew me away the first time this happened).

Quote:
and in another case they canceled a bunch of futures with positive equity but only refunded the stake amount, claiming they were exiting the US market, but a week or two later they announced they were returning to the US market without reinstating the futures.
How sure are you that you remember this correctly? I had +EV futures bets cancelled by a sister book of Sportsbook which DID leave the US market (was called sportingbet or sportingbetusa or some ****). Sportsbook never cancelled any of my futures bets and never claimed to be leaving the US market. Are you sure you are not ****ing up this story?

Again, some of their sister books (same company) did leave the US market and screw over people (including me) by cancelling futures bets. However, the company claimed that Sportsbook was being spun off under new management (employees of the company who would leave for the "new" company would be the "new" management) in order to become a US-facing site.. I tried to get Sportsbook to honor the futures bets which their sister book cancelled on me, but they would not. However, they never said anything about leaving the US market and never cancelled any of my futures wagers.

For anyone who is confused, this was way back when Pinnacle and Party Poker left the US market, which is why I question his memory.
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09-24-2011 , 01:26 AM
One thing to mention is that there are rumors that the DOJ is after Sportsbook and this may have had something to do with why they suddenly found themselves without a reliable processor.

Which is kind of scary to think about...
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09-24-2011 , 01:30 AM
Quote:
Originally Posted by acesover8s
Shills gonna shill, but I've had an account there for 5 years ish and have never had trouble getting paid. $50k plus over that time. There's been some slow pays, and they've warned me and limited me, but I'm still getting paid. Account to debit card in < week. Used to do wires and checks, but debit is faster.

My experience with them is very similar.

Sportsbook is a book which will look to **** you if you are a winner and they can find a reason (supposed bonus abuse, nit-picking of bonus terms, correlated parlays, etc.) However, they are a very large square book and I don't believe for a second these delays were caused by lack of liquidity.
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09-24-2011 , 01:43 AM
Quote:
Originally Posted by RoundTripper
can u explain debit please? only options i see is check and bank wire. out of the 2 i assume bankwire is faster. where did you find debit?
It's an option in the cashier screen for me. Maybe not everyone? Anyway, it sat there for 6 months before I clicked on it. They send you a debit card with your first withdrawal, took 3 weeks or so to get it. Now I get free withdrawals to the debit card whenever I want. I've had this option at 2 other books, but they've closed them down pretty quick.
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09-24-2011 , 02:25 AM
Quote:
Originally Posted by acesover8s
It's an option in the cashier screen for me. Maybe not everyone? Anyway, it sat there for 6 months before I clicked on it. They send you a debit card with your first withdrawal, took 3 weeks or so to get it. Now I get free withdrawals to the debit card whenever I want. I've had this option at 2 other books, but they've closed them down pretty quick.
wow i wish i jumped on that, sounds like a great option..
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09-25-2011 , 12:40 AM
I did a wire transfer from them recently for about 5.6k and and went smoothly. It took about 5 1/2 weeks but I couldn't be too angry about it as it does state on their site that wires typically take 4-6 weeks and I received it in that time frame.

It was a bit disappointing to see my bank account only credited for 5.3k though. When I used to do wires through Full Tilt it would usually show up about $50 short and those were 7k wires. Full Tilt claimed the intermediary bank charged a fee, which is reasonable. $300 on a $5,600 withdrawal seems a bit steep though. Not a deal breaker in this environment though.
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09-25-2011 , 05:10 AM
Quote:
Originally Posted by Post-Oak
I don't believe they are low on funds. I believe they were having processor issues (looks like they may have fixed them now). This has happened in the past. They have paid me large sums over the years, but there have been times when they have processor issues and it take a long time to get payed. At other times, they are able to send bank wires which take 48 hours or less (really blew me away the first time this happened).
In my experience, a book basically begging players not to cash out for whatever reason (in this case, offering a big bonus to players for retracting their cashout request) is a huge red flag, particularly at a time when books should be flush with deposits.

Quote:
How sure are you that you remember this correctly? I had +EV futures bets cancelled by a sister book of Sportsbook which DID leave the US market (was called sportingbet or sportingbetusa or some ****). Sportsbook never cancelled any of my futures bets and never claimed to be leaving the US market. Are you sure you are not ****ing up this story?
Yes, I am sure I'm remembering correctly, and this was a couple months before Pinnacle left the US market. As I recall Pinnacle left in Jan 07 and these future cancellations happened in the 2nd or 3rd week of Oct 06 (it was during the NLCS and ALCS.) I only had an account with one book in the sportsbook.com family, the main sportsbook.com site. When they announced they were leaving the US market, they voided all of my pending futures and invited me to open an account with a sister book playersonly.com. So I opened an account with playersonly.com and assumed that they would simply transfer over my pending futures, but they didn't. I filed an SBR complaint and Dozer's exact words were "there's no reason they can't transfer your pending futures to the new book" but they never did so. I'm sure it's not a coincidence that my pending futures had significant +EV. Very shortly after sportsbook.com voided my pending futures, I believe 3 weeks later, I got an email from them that they were returning to the US market.

I'm not sure if the leaving the US market and then returning thing had to do with reorganizing the company or what, but the fact of the matter is that I had lots of pending futures cancelled for no good reason. If they really had to leave the US market immediately, I told SBR I'd be more than happy for a mediator to calculate current value of the futures and give me that but sportsbook.com was unwilling to transfer any of my bets from sportsbook.com to playersonly.com.

Most of the CPs of mine that they voided weren't even all that ridiculously correlated. I had a lot of hockey ones that, while +EV, weren't exactly printing money.
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