Bookmaker - Payout and BetPoints PLAYERS BEWARE

[DontTailMe]

Ok, why can I deposit $1m in a day, but only withdrawal $25k a day/$100k a month??

If I dep $1m bet one gm and win, it takes a year to be paid? Does that seem right to you?

It is what it is. But you know this going in and can plan accordingly.

They number the statistics and it will likely keep people in action and in time lose some/all of it back, come on it’s 101

Like I said, you need to practice self discipline.

 

[hazliam]

So lets go over the maximum 1 month withdrawal per top books. (Using 4.3 weeks per month)

BOL: $100K per request 2X per week about $860K per month.
Heritage: $25000 M-F $4K Sa-Sun, $29K per week. $124K per month
Bookmaker: $100K per month
Bovada: 9.5K per 3 days. about $95K per month
Betus $5K per day $150K per month
Betanysports $10K per day if you are bitcoin exclusive: $300K per month.
Youbetonit.eu Probably not going to see your money.

So in terms of A books, bookmaker does rank near last for the monthly amount you can withdrawal. Consider the amount of action they get. You would think they should be in the $250K-500K range at least. The fact that most recreational books can cover over that amount, seems to indicate this is something Bookmaker should address.

 

[hazliam]

Like I said, you need to practice self discipline.

You can give him a break for not having self discipline. If I am on a 7 figure heater, I probably be gambling 24/7 churning that 7 figures to 8 figures!

 

[sportsbettor5]

So lets go over the maximum 1 month withdrawal per top books. (Using 4.3 weeks per month)

BOL: $100K per request 2X per week about $860K per month.
Heritage: $25000 M-F $4K Sa-Sun, $29K per week. $124K per month
Bookmaker: $100K per month
Bovada: 9.5K per 3 days. about $95K per month
Betus $5K per day $150K per month
Betanysports $10K per day if you are bitcoin exclusive: $300K per month.
Youbetonit.eu Probably not going to see your money.

So in terms of A books, bookmaker does rank near last for the monthly amount you can withdrawal. Consider the amount of action they get. You would think they should be in the $250K-500K range at least. The fact that most recreational books can cover over that amount, seems to indicate this is something Bookmaker should address.

Didn't check your work, but thanks for going through that effort. Very useful for the community. You might even consider making a thread with this info in the OP.

 

[bulldog79]

I appreciate the feedback from everyone and after further thought, I believe Bookmaker's disclaimer should read something like this:

We offer deposit bonuses and betpoints, but only to those that show a track record of losing. This method is designed to keep players engaged and returning, so they lose more money. However, this feature will be deactivated for anyone that shows the ability to win on a consistent basis. We are in a business to make money and not lose money, so are rules are in place to ensure we limit all exposure.

Regarding withdrawls, we will limit those to $100k per month. This is because we don't want it have an impact on our cashflow. Additionally, based on gambling studies and extensive research, we realize that by slow paying players and/or reducing their ability to withdrawl all their funds at once, the better likelihood we have in recouping those funds over a period of time. However, we do not restrict deposits, so we are happy to accept Bitcoin (your money) deposits in access of $1M per day. While our customer agents were trained to inform players that our processors would not allow for more then $25k per day and $100k per month withdraws, we realize that was a complete lie and have acknowledged that and now stating the truth. We thank you for playing with us, if you have any recommendations on how we can further screw players, please reach out to our customer service team and we thank you.

 

[DontTailMe]

You can believe what you want, but they have this covered in their rules. This is what you agreed to by playing there.

10.3 BookMaker reserves the right to exclude any customer from any specific promotion, or entirely from all promotional offers, including the BetPoints™ Rewards Program, at any time and without warning for any reason, including abuse or violation of the terms and conditions of the promotion(s) or program.

 

[bulldog79]

You can believe what you want, but they have this covered in their rules. This is what you agreed to by playing there.

We offer deposit bonuses and betpoints, but only to those that show a track record of losing. This method is designed to keep players engaged and returning, so they lose more money. However, this feature will be deactivated for anyone that shows the ability to win on a consistent basis. We are in a business to make money and not lose money, so our rules are in place to ensure we limit all exposure.

Regarding withdrawls, we will limit those to $100k per month. This is so we have limited impact on our cashflow. Additionally, based on gambling studies and extensive research, we realize that by slow paying players and/or reducing their ability to withdrawl all their funds at once, the better likelihood we have in recouping those funds over a period of time. However, we do not restrict deposits, so we are happy to accept Bitcoin (your money) deposits in access of $1M per day. While our customer agents were trained to inform players that our processors would not allow for more then $25k per day and $100k per month withdraws, we realize that was a complete lie and have acknowledge it. We thank you for playing with us, if you have any recommendations on how we can further screw players, please reach out to our customer service team and we thank you. Also our customer service agents have the aptitude of a child, so please be patient. Yours truly Mickey (Richardson) Flynn.

 

[DontTailMe]

Nevermind.

 

[bulldog79]

Nevermind.

We offer deposit bonuses and betpoints, but only to those that show a track record of losing. This method is designed to keep players engaged and returning, so they lose more money. However, this feature will be deactivated for anyone that shows the ability to win on a consistent basis. We are in a business to make money and not lose money, so our rules are in place to ensure we limit all exposure.

Regarding withdrawls, we will limit those to $100k per month. This is so we have limited impact on our cashflow. Additionally, based on gambling studies and extensive research, we realize that by slow paying players and/or reducing their ability to withdrawl all their funds at once, the better likelihood we have in recouping those funds over a period of time. However, we do not restrict deposits, so we are happy to accept Bitcoin (your money) deposits in access of $1M per day. While our customer agents were trained to inform players that our processors would not allow for more then $25k per day and $100k per month withdraws, we realize that was a complete lie and have acknowledge it. We thank you for playing with us, if you have any recommendations on how we can further screw players, please reach out to our customer service team and we thank you. Also our customer service agents have the aptitude of a child, so please be patient. Yours truly Mickey (Richardson) Flynn.

 

[viviannguyen]

The lobby has its customers. Who is behind the attacks on bookmakers is a separate question, and it is not easy to figure it out

 

[Pimike]

There’s nothing to be aware of, the site was very clear and has always been very clear. Now to say a reminder of these rules that have always been in place. I think would be a better word to use.

Congrats on the score.


Most people don’t make a month what you will be getting paid out.

Pretty good problem to have if you ask me.

As many stated these rules were there when you funded them. So this is not the books wrong doing in any way.

 

[mpg5068]

I had made an agreement with senior management about withdrawal limits increasing prior to putting the money on. I got to 500k a month, so 25k/day Monday thru Friday. After about 3.5 months they got alot and i mean alot of it back.

 

[heman22]

they are slow paying too I heard

 

[heman22]

justbet slowpaying or no paying we will see after paying very quick traditionally

 

[thefix]

justbet slowpaying or no paying we will see after paying very quick traditionally

Your "friend" right?