New to online betting. Can i make one big bet and then withdraw my money?

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • latarianmilton
    SBR Sharp
    • 12-23-13
    • 342

    #1
    New to online betting. Can i make one big bet and then withdraw my money?
    Hi, i always bet on my local sporstbook.
    but im getting tired of making the 1 hour drive there and sometimes i simply cant.

    my question if i bet online on lets say bodog, can i make one bet of like 400 bucks at -200 and then withdraw all the money? or do i have to gamble a specific amount before i can withdraw?
    also are there taxes? im getting tired of my bookie charging me 5% of all my winnings
  • unusialsusp5
    SBR MVP
    • 04-18-10
    • 4197

    #2
    you can but will incur fees more than likely and will have to wait for the check and hope it isn't a canadian one that won't clear. that book has slow paying techniques in place for chronic withdrawers. just leave it in and you won't have to worry about withdrawing and re-depositing until it's gone. worst local story ever. sharp local ripping you off and is not even local to you.
    Comment
    • SamDiamond
      SBR Hall of Famer
      • 10-19-12
      • 6107

      #3
      Originally posted by latarianmilton
      Hi, i always bet on my local sporstbook.
      but im getting tired of making the 1 hour drive there and sometimes i simply cant.

      my question if i bet online on lets say bodog, can i make one bet of like 400 bucks at -200 and then withdraw all the money? or do i have to gamble a specific amount before i can withdraw?
      also are there taxes? im getting tired of my bookie charging me 5% of all my winnings
      My question is why would you do this?

      What's the point? If you are taking a one-n-done, why not stay with your local?

      Betting offshore--- depending on the book---and method selected for payout-- will cost you.
      Comment
      • Big Bear
        SBR Aristocracy
        • 11-01-11
        • 43253

        #4
        yes use 5dimes.

        you get 1 free payout every 30 days

        easiest way to get paid is by
        m o n ey g r a m

        it only takes 24 hours and you can pick up your winnings at walmart.

        good luck
        Comment
        • paco
          SBR Aristocracy
          • 05-07-09
          • 62873

          #5
          Yes, as long as u don't accept any type of bonus. Make sure the book offers free payout once every 30 days or so. Let them know ur intentions when making the deposit just to avoid problems
          Comment
          • jjgold
            SBR Aristocracy
            • 07-20-05
            • 388189

            #6
            Not worth it for a few hundred

            Pass
            Comment
            • BIGDAY
              SBR Aristocracy
              • 02-17-10
              • 48245

              #7
              Originally posted by jjgold
              Not worth it for a few hundred

              Pass
              Hey! Some of us that live off the land could use a few hundred bucks..
              Comment
              • manny24
                SBR Posting Legend
                • 10-22-07
                • 20046

                #8
                Milty it's YOUR money!
                Comment
                • VegasInsider
                  SBR Posting Legend
                  • 12-12-10
                  • 14593

                  #9
                  Stick with your local and just see if you can set up alternatives to meeting every week. Maybe once every two weeks? Maybe only once a certain number is hit either way? Can you ** or ** the funds to him occasionally?

                  A good local is very hard to find. If you have one that you trust (and trusts you) then I'm sure something can be worked out
                  Comment
                  • Ratpack
                    SBR MVP
                    • 02-15-12
                    • 4133

                    #10
                    Saloon this crap
                    Comment
                    • unusialsusp5
                      SBR MVP
                      • 04-18-10
                      • 4197

                      #11
                      what isn't worth it. confused. him depositing once and withdrawing would be. but it sounds like he wants to do this again and again. of course he won't win his -200 each time. and tony will not like this type of customer, 1 free monthly payout or not. he wants it 90 minutes after his -200 lock wins, so the 1 free payout option doesn't answer his question. find a better local or just leave it in until you triple up your first deposit. and then only withdraw the original deposit amount. not worth incurring the wrath of tony by coming out of the gate as a chronic withdrawer. tony offers a wide variety of betting options and services but will not keep for long a bettor who wants to do this.
                      Comment
                      • Ghenghis Kahn
                        SBR Posting Legend
                        • 01-02-12
                        • 19735

                        #12
                        if you want to deposit to bovada and bet $400, you'll get charged 4.9% deposit fee. So basically you're already down, $19.60. Plus, depending on your bank, your bank might charge you another 3% fee for international transaction. So basically you're down another $12. that's $31.60 in fees before you even put in a wager...

                        just stick with your local, unless you're trying to build a roll with your deposit.
                        Comment
                        • latarianmilton
                          SBR Sharp
                          • 12-23-13
                          • 342

                          #13
                          im not planning on bettin once and then bailing.
                          i just wanted to know that if once i deposited, my money wasnt ensared until i made so or so bets. by the replies i got it appears it wont

                          ghengis that fee thing is lame, i might as well just stay with my bookie if they are also gonna charge me 5%.

                          btw does 5 dimes got no fees? u guys know a site with no fees when you withdraw and deposit the money?
                          Im sure one of u guys have withdrawn money from an online gaming site before mind if u explain to me how u did it?
                          thx for the replies btw
                          Comment
                          • broadway6
                            SBR Posting Legend
                            • 11-14-09
                            • 13337

                            #14
                            Originally posted by latarianmilton
                            im not planning on bettin once and then bailing.
                            i just wanted to know that if once i deposited, my money wasnt ensared until i made so or so bets. by the replies i got it appears it wont

                            ghengis that fee thing is lame, i might as well just stay with my bookie if they are also gonna charge me 5%.

                            btw does 5 dimes got no fees? u guys know a site with no fees when you withdraw and deposit the money?
                            Im sure one of u guys have withdrawn money from an online gaming site before mind if u explain to me how u did it?
                            thx for the replies btw

                            you can make one free West ern Un ion withdraw a month at 5dimes... i think you have to request the money on Monday's between 9:00 am and 1:00pm (est), but i could be wrong on times. Go to the 5dimes website.. you an always live chat and ask.
                            Comment
                            • latarianmilton
                              SBR Sharp
                              • 12-23-13
                              • 342

                              #15
                              After doing some research on the forum, it looks like getting paid its tougher than it looks, lots of stories about checks taking a month and big fees for bank transfers.
                              5 dimes only offers the free payout if you rollover once, twice if you are outside the usa like me.
                              Comment
                              • jjgold
                                SBR Aristocracy
                                • 07-20-05
                                • 388189

                                #16
                                In UK you can and it is free, ideal way actually to gamble. These non usa Countries have so many options.
                                Comment
                                • DiabloNino
                                  SBR Rookie
                                  • 01-09-14
                                  • 15

                                  #17
                                  Options options options
                                  Comment
                                  • DiabloNino
                                    SBR Rookie
                                    • 01-09-14
                                    • 15

                                    #18
                                    Comment
                                    • krome
                                      SBR Rookie
                                      • 01-22-14
                                      • 3

                                      #19
                                      Actually in my opinion it's really hard to get payouts. I tried some of the offshore books and I can say withdrawals take forever...
                                      Comment
                                      • unluckysob
                                        SBR MVP
                                        • 05-21-08
                                        • 1527

                                        #20
                                        Who charges 5% on winnings?????
                                        Originally posted by latarianmilton
                                        Hi, i always bet on my local sporstbook.
                                        but im getting tired of making the 1 hour drive there and sometimes i simply cant.

                                        my question if i bet online on lets say bodog, can i make one bet of like 400 bucks at -200 and then withdraw all the money? or do i have to gamble a specific amount before i can withdraw?
                                        also are there taxes? im getting tired of my bookie charging me 5% of all my winnings
                                        Comment
                                        • Vitothecapper
                                          SBR Wise Guy
                                          • 08-07-13
                                          • 845

                                          #21
                                          You book BM charges 5% on winnings?

                                          great deal if don't charge vig on losing!
                                          Comment
                                          • cockblocker
                                            SBR MVP
                                            • 04-26-09
                                            • 1268

                                            #22
                                            1 v ice has no fees and free p2p payouts on Fridays. If you want the 100% freeplay its 8x rollover.
                                            Comment
                                            • Vitothecapper
                                              SBR Wise Guy
                                              • 08-07-13
                                              • 845

                                              #23
                                              Seek professional advice.

                                              Not from the posters.

                                              Contact the lay Office Of Murray Richman

                                              2027 Williamsbridge Rd

                                              Bronx,New York

                                              Legal advice is not cheap!

                                              Pay one way or the other.
                                              Last edited by Vitothecapper; 01-22-14, 11:33 AM. Reason: delete this from this thread
                                              Comment
                                              • Vitothecapper
                                                SBR Wise Guy
                                                • 08-07-13
                                                • 845

                                                #24
                                                opps sorry wrong thread.......


                                                penetrating losing it man!
                                                Comment
                                                • Ghenghis Kahn
                                                  SBR Posting Legend
                                                  • 01-02-12
                                                  • 19735

                                                  #25
                                                  Originally posted by latarianmilton
                                                  After doing some research on the forum, it looks like getting paid its tougher than it looks, lots of stories about checks taking a month and big fees for bank transfers.
                                                  5 dimes only offers the free payout if you rollover once, twice if you are outside the usa like me.
                                                  if you're from outside the us, you should have no problems using ewallets to move money.

                                                  i wouldn't use a local and pay the 5%. look into neteller and other ewallets. also, i would look into other A books that serve outside the US. gl
                                                  Comment
                                                  SBR Contests
                                                  Collapse
                                                  Top-Rated US Sportsbooks
                                                  Collapse
                                                  Working...