Hello question regarding payouts is a 3k a week payout limit standard? I deposited $250 Sunday for the new sportsbook I tried i got 150% fp 15x ro, I worked it up to 9k hit rollover but was only able to cash out 3k I feel like I’m gonna likely blow some of it before next week. Is the 3k a week standard or sketchy? Obviously it’s easier to just say don’t touch the funds and wait a week but you don’t get up that fast if you don’t go down twice as fast. Any input appreciated thx
Offshore payout limits ?
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#1Offshore payout limits ?Tags: None -
#2I think it entirely depends on the method on which you want to get paid. I know most books do have weekly limits and a maximum value (usually $2500 - $3000) on paper checks via courier method. and you are only allowed one per week and have to pay a ridiculous fee of $50 - $65. at least that is how it used to be. I'm not sure if anything has changed since the legalization of gambling. Also I do think they are more liberal with cryptocurrencies. much higher limits and almost unlimited transactions. not sure what the transaction fees are. (if any)Comment -
#3what book is it? 3K a week is low. but could be due to method you requested like Da Manster saidComment -
#4Ya it was all payout methods bitcoin paypal etc, and action247.euComment -
#5I agree its all about how you want to be paidComment -
#6To address your main question.
Plenty of reports here of offshore books limiting withdraws to 3k or less.
What will tell you how genuine they are is if you can really get 3k every week reliably, or if it really turns out to be 3k every 2 or 3 weeks..Comment -
#73k per week is very low and unacceptable imo. Look elsewhere because that’s just the tip of the iceberg of problems to come if the limits are that low. Bookmaker has 25K per day up to 100k per month. BOL has high payout limits as well.Comment -
#8If the book offers large bonuses, than it makes sense. Its a trade off and that's simply not the case with Bookmaker. I know sportsbooks that have payout limits around that amount and have never had an issue with payouts. But, yes, BOL and BM are both excellent outs, and they pay no doubt!Comment -
#9Some times it may even have to do with the processors the book uses for payoutsComment -
#10Isn’t 3k per week quite small?
3k per day at leastComment -
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#13Again - what makes someone a crook for limiting winners ? Unless you have a roll remaining - books have every right to limit a player - for any reason they choose.
Not saying it’s sharp business - but it happens. Just as they can say your business is not wanted - you can take your business to any other shop out there who will accept it and move on.
Never understood people who complain about not being allowed to wager - unless they are trapping you in or not paying - cash out and move on. No reason to be upset that you managed to beat their lines. You’re in the minority and books don’t like those whose results are statistically outliers. They want only what they know how to manage - the hard to manage represent risk beyond what they are built for.Comment -
#14Payout limits. LolComment -
#15Books use processors to move money around either coming in or going out. So there are people who offer this services they are called processors, and depending on where they have to move the money they have caps sometimes so that is why you will see some books can only do certain amount of money per week that is just because if they go over those limits their processors would not be able to handle them and raise questions you knowComment -
#16Books use processors to move money around either coming in or going out. So there are people who offer this services they are called processors, and depending on where they have to move the money they have caps sometimes so that is why you will see some books can only do certain amount of money per week that is just because if they go over those limits their processors would not be able to handle them and raise questions you know
Certainly they need to move money around and can send out certain amount of money each week, especially if they say on their rule page 3k is the max per week.
But when I hear that the "processor" can't send out any money this week, that to me would indicate that the book does not have the money.Comment -
#17Again - what makes someone a crook for limiting winners ? Unless you have a roll remaining - books have every right to limit a player - for any reason they choose.
Not saying it’s sharp business - but it happens. Just as they can say your business is not wanted - you can take your business to any other shop out there who will accept it and move on.
Never understood people who complain about not being allowed to wager - unless they are trapping you in or not paying - cash out and move on. No reason to be upset that you managed to beat their lines. You’re in the minority and books don’t like those whose results are statistically outliers. They want only what they know how to manage - the hard to manage represent risk beyond what they are built for.Comment -
#18Cutting limits while you have a roll remaining is a bush league move and should not be permitted (at least without reducing the roll by a like amount).
If I deposit 1k with you and have 1k per game limit and a 15x roll - you expect me to push through 15k in wagers - plus 15x on my bonus. Cut me to 100 a game - fine - but my rollover should now be 1.5x - you gave 1/10th the opportunity to wager - so I should be entitled to 1/10 of the obligation to wager.
Oh wait - that would be “unfair” to the operator - who cares. The contract entered into when depositing is one of adhesion - book makes the rules - you adhere to them. If you want to change the rules - be prepared to apply the changes equally - or just be prepared to let players run through the roll and THEN show them the door.
Too many crooks in the game today who want to play it both ways - want your money - but don’t want to pay. But you can’t stiff everyone at once because then the inflow of deposits will end and it cost upwards of 5k to create a website and start taking bets. So you play stupid games until the well of incoming funds runs dry.Comment -
#19good point. But no bookmakers are doing it nowadays. They hate winning players
Cutting limits while you have a roll remaining is a bush league move and should not be permitted (at least without reducing the roll by a like amount).
If I deposit 1k with you and have 1k per game limit and a 15x roll - you expect me to push through 15k in wagers - plus 15x on my bonus. Cut me to 100 a game - fine - but my rollover should now be 1.5x - you gave 1/10th the opportunity to wager - so I should be entitled to 1/10 of the obligation to wager.
Oh wait - that would be “unfair” to the operator - who cares. The contract entered into when depositing is one of adhesion - book makes the rules - you adhere to them. If you want to change the rules - be prepared to apply the changes equally - or just be prepared to let players run through the roll and THEN show them the door.
Too many crooks in the game today who want to play it both ways - want your money - but don’t want to pay. But you can’t stiff everyone at once because then the inflow of deposits will end and it cost upwards of 5k to create a website and start taking bets. So you play stupid games until the well of incoming funds runs dry.Comment -
#20I don't think they "hate winning players" as much as they need to limit steam and early info players that beat their lines. I'm pretty sure that's basic risk management 101. If the biggest sportsbook in the world limits players (bet365) why on earth would some boutique sportsbook not do the same? I think the answer might be a lack of resources and ignorance and eventually that's not going to end well...Comment -
#21Well. I respect your opinion. But i stand with mine.
most of the bookmakers hates winning players that’s why they usually limit them.
That’s why it’s important to look for a service who don’t limit their customers and process payouts on time.
WI don't think they "hate winning players" as much as they need to limit steam and early info players that beat their lines. I'm pretty sure that's basic risk management 101. If the biggest sportsbook in the world limits players (bet365) why on earth would some boutique sportsbook not do the same? I think the answer might be a lack of resources and ignorance and eventually that's not going to end well...Comment
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