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Old 11-07-2012, 03:32 PM   #1
ubiquitous
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Moving money between books

Simple question from sports betting noob here. I've seen some info on this but it's pretty old data so I'll ask here.

If I set up accounts with multiple sportsbooks, how easy is it to transfer money back and forth?

Example: I'm underfunded in Sportsbook A so I want to quickly pull some money into it from Sportsbook B, even though the 2 books are entirely different companies.
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Old 11-07-2012, 04:02 PM   #2
PropPlayer
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Re: Moving money between books

I'm not too up to date on this because I live where banking isn't an issue, but do know a bit. Many books do account transfers with each other.

Bookmaker and 5Dimes trade with the most sites.

Bookmaker.eu last I knew they charged $100 per transfer and $5,000 is the max. So if you do $800 it is still $100 cost, if you do $7500 it is two transfer ($5000 +$2500 and cost $200). They have a thread here, maybe they'll answer the list of books they transfer with but not sure. When getting a transfer I don't think there's any charge but do have to rollover twice before cashing out (I think twice is correct, it might be 3x so double check.).

Bookmaker is the exception with high fees. Some books will transfer for no fee or less of one. Other books known to transfer are 5Dimes and Heritage (pretty sure both transfer with each other and Bookmaker), BetOnline (not sure who they transfer with a lot of books stopped dealing with them), Legends (not sure, they seem to change often too but seems by their own choice).

By fast it is not instant. Even in the old days when there were better bookies for US it would take a few hours. Now is often under 24 hours, but things can get delayed too.

One thing to mention many books will not give a list of who they transfer with. You literally need to run down the list. Do you trade with A, Do you trade with B. It's so silly but that's the way they prefer it.

A final thing to note is 5Dimes has player to player transfers. You can sell, buy and trade 5Dimes cash with friends etc. This needs to be requested via live chat, and sometimes there are delays or they don't send it and need to follow up. But this makes it a decent hub because they transfer with many books and if you know other bettors can exchange for cash.
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Old 11-08-2012, 07:39 PM   #3
acesover8s
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Re: Moving money between books

Bookmakers transfer fees are $200 last time I did it.
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Old 11-08-2012, 08:29 PM   #4
wiper
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Re: Moving money between books

i remember the first time i ever played on party poker...

i borrowed my g/f at the time's credit card. put $20 on and was terrified.

like, the fourth hand i got AA and couldn't figure out why i couldn't go allin. i was on a 1/2 limit table (with $20 hahaaaa).

won.

cashed out and it was in her account in like 15 minutes.

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Old 11-09-2012, 12:14 AM   #5
GuidaClayAllDay
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Re: Moving money between books

You can always wait for the rare opportunity where you can -200 at the book you'd like to transfer money to, and +200 on the other book, and hope to god the favorite wins.

Of course if the dog wins you've made the problem worse....YOLO
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Old 11-18-2014, 04:46 PM   #6
incog27
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Re: Moving money between books

Would anyone know where I could look for someone who has money on 5Dimes and would be willing to transfer it in exchange for my sending them money over Paypal or something similar? Thanks very much.
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Old 11-18-2014, 06:41 PM   #7
RickySteve
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Re: Moving money between books

lol paypal
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Old 11-18-2014, 09:35 PM   #8
incog27
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Re: Moving money between books

On second thought, I see Paypal why is frowned upon. My bad. I could send by escrow or another means like that. But where could I find a thread for P2P sportsbook transfers? Thanks.
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Old 11-20-2014, 01:32 AM   #9
dfb89
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Re: Moving money between books

Why don't you just look in the high stakes transfer thread. People buy n trade not always super high of limits
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Old 11-23-2014, 09:33 AM   #10
relame
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Re: Moving money between books

paypal or skrill account!
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