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  1. 01-12-09 10:43 AM #1
    bubba
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    Default betonline-problem

    i have done well there. now they chnage the rules on me and are giving me 6-1 on 3 team parlays instead of 7-1. its there book, they can do whatever they want as long as telling me upfront. but now i have all this cash in a book that has lost its vale for me and they want to charge me 75$ per withdrawl and i gotta go this in increments of 5000. and i have many of these. do i have a right to a cheaper withdrawl now that they changed the rules on me? i deposited as recently as this weekend thousands. now they change the rules and want to charge me thousands in withdrawls? seems unfair. thoughts?
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  2. 01-12-09 10:45 AM #2
    WhatAboutMeBitch
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    did they change just for you, or for everyone across the board
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  3. 01-12-09 10:47 AM #3
    pavyracer
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    what's up jj?
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  4. 01-12-09 10:51 AM #4
    bubba
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    just for me
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  5. 01-12-09 10:57 AM #5
    bettilimbroke999
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    How can they pay out at 7-1? That's true odds, there would be no juice?

    Damn, how much money have you got in there, if you've got many 5k w/ds, u sure trust BetO alot, might want to stick to more solid books that actually charge a vig if ur playin for that much, as far as the w/d fees 75 for a 5000 w/d is sadly very reasonable nowadays, works out to only a 1.5% fee for w/ds, if u got that much money in THAT book Id be more concerned about actually being paid than the 1.5% fee
    Last edited by bettilimbroke999; 01-12-09 at 11:04 AM.
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  6. 01-12-09 11:05 AM #6
    bubba
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    sbr says they are top notch but yeah. too much in there
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  7. 01-12-09 11:05 AM #7
    Scorpion
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    book transfer?
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  8. 01-12-09 11:13 AM #8
    Justin7
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    A book is free to cancel promotions, or limit its clientèle. Betonline doesn't have a prayer against sharp players offering 3-teamers at 7:1, so it's no surprise.

    $75 is pretty typical for a 5k withdrawal.

    I may have other issues with Betonline, this problem isn't a "foul".
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  9. 01-12-09 11:26 AM #9
    dark star
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    $75 ain't bad considering Atlas wanted $90 for $580
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  10. 01-12-09 11:33 AM #10
    bubba
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    justin- do you understand my complaint? i agree, they can cancel whatever promotion they want. but i depsoited becasue of the promotion. recently. now i want the money i just depsoted back. do i really need to pay 75 to get my money back? i just gave it to them! under the understanding that my account would be a certain way. grrrrrrrrrrrrrrrrrrrrrrrrr
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  11. 01-12-09 11:36 AM #11
    Justin7
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    Quote Originally Posted by bubba View Post
    justin- do you understand my complaint? i agree, they can cancel whatever promotion they want. but i depsoited becasue of the promotion. recently. now i want the money i just depsoted back. do i really need to pay 75 to get my money back? i just gave it to them! under the understanding that my account would be a certain way. grrrrrrrrrrrrrrrrrrrrrrrrr
    It sucks. If you sent 5k+ and are mainly playing 3-team parlays at 7:1, odds are you are a pro. They are listed as a recreational book, and Betonline takes extreme countermeasures against sharp players. If you can withdraw your balance, I'd suggest you do so and play at an "A" book that tolerates professional action.
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  12. 01-12-09 12:00 PM #12
    bubba
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    what do you mean "if you can withdraw your balance" might they rob me?
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  13. 01-12-09 12:01 PM #13
    bettilimbroke999
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    I dont get it if you already had many 5ks in there why were you depositing another 5k, doesnt make sense
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  14. 01-12-09 12:03 PM #14
    durito
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    at least they aren't holding hostage 32k of yours
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  15. 01-12-09 12:06 PM #15
    bubba
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    betlim- i had about 15-20 k locked up in plays. most won pshing my balance up but i had 0 free funds
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  16. 01-12-09 12:13 PM #16
    bettilimbroke999
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    Oh i c, well clearly you are a professional if you have 20k locked up in parlays and deposit more so you can bet more while waiting for those games to be played, any book that offers no juice parlays will not be able to service a sharp, hell I dont even know how they can make a profit off of rec. bettors paying at true odds but it makes me want to deposit into that book so perhaps they use that to get new customers idk. BetO is the most questionable A book on SBRs list, the least of your worries should be the 1.5% payout fee which you can expect to pay at almost all books nowadays, if u get paid your huge balance that you accumulated at true odd parlays you should be very happy
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  17. 01-12-09 12:18 PM #17
    bubba
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    what does professional mean? bets a lot of money?
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  18. 01-12-09 12:28 PM #18
    bettilimbroke999
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    Quote Originally Posted by bubba View Post
    what does professional mean? bets a lot of money?

    No, for instance if you bet big money at roulette you would not be considered a pro and casinos would fight over you and spend a considerable amount of the money they took from you to court your business, but clearly you are making bets that pay out at true odds or better than true odds and BetO feels that over the long haul you will be a winning player
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  19. 01-12-09 12:45 PM #19
    durito
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    To BetOnline a professional is anyone that makes winning wagers over even a short period of time.

    This book couldn't manage a hot dog stand.
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  20. 01-12-09 01:09 PM #20
    katstale
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    I am beginning to feel my work at this place is not being appreciated.

    Week after week I tried to warn people about this place, yet every day I tune in and see people complaining. I do understand that many people are just looking at SBR's shill rating for BOL and ignoring the facts and actual player reports, but come on......

    They can get 4 to 5% interest off your money at any Panama bank while they delay and then gouge you with the fees. I am beginning to think this is the business model for BOL. The sportsbook stuff is just a front/way to get the investment capital in the door.

    If you can get your cash out of this place prior to the superbowl--I would sure try that, regardless of fees.
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  21. 01-12-09 01:10 PM #21
    bettilimbroke999
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    I agree that BetO is a questionable book and there's only one reason that they are rated A and that's the $$$$ thats in SBRs backpocket, but its clear from what the OP has said that he falls into the category of pro, betting 30k at a time on 3-team parlays and immediately withdrawing his entire balance the moment his +EV wagers have left the table, I agree with BetO cancelling the 7-1 3-team parlay for this guy as any book with a brain would do the same thing, there's plenty of reasons to dislike BetO however, but this imo isnt one of them. The OP needs to withdraw his balance and move his money to a place where his action is accepted and to a book with a more solid reputation
    Last edited by bettilimbroke999; 01-12-09 at 01:14 PM.
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  22. 01-12-09 01:12 PM #22
    durito
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    katstale-

    i posted up before your warnings. i also tried as hard as possible to not draw any attention. worked for a little while i guess.

    they want me to forfeit 8k or do 60k more in rollover with the ****ing delay. oh and they've banned me from betting props now.
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  23. 01-12-09 01:16 PM #23
    katstale
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    When they finally collar you to $100 per game you will be forced to throw in the white towel and surrender. SOP for them. Only one voice at SBR has labeled this despicable. By the way, I ain't got nothing against spics.
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  24. 01-12-09 03:10 PM #24
    bubba
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    Default so whats my next step here?

    request a withdrawl every 3 days??
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  25. 01-12-09 03:20 PM #25
    themajormt
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    How does a book make the determination to limit players? If someone deposits $500 and turns that into $10k? How do they make this call? Or is it just open to interpretation for the book... Durito, what did it take for you to get collared?
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  26. 01-12-09 07:26 PM #26
    Justin7
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    A book doesn't have to have a reason. If you bet steam though, or beat their closing number, expect to get cut. Same thing if you only bet "sharp" stuff - teasers and 7:1 parlays.
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  27. 01-12-09 07:30 PM #27
    bubba
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    as i said, i have no problem with them changing my parlays. however, i think it would be fair on there part to give me speedy/ and or free withdrawals given that i deposited my money as recently as saturday under a certain understanding. its somewhat unfair.
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