[Halifax]

They just paid me $2,500 by Neteller earlier today. They've been telling me for the past few weeks that I can only get one $2,500 Neteller payout every 15 days ... and that's about how long it's been since my last payout.

I'm not at all happy about the situation, but WTF can you do ?

It's hard to tell which books are slow-paying because of a lack of banks/processors to work with, and which books are slow-paying because they don't have the cash.

[bigboydan]

It's hard to tell which books are slow-paying because of a lack of banks/processors to work with, and which books are slow-paying because they don't have the cash.

Well said Mr.Halifax

[louis]

If betmania only pays $2500 per 15 days can you request a check or wire transfer.

This is totally unacceptable from betmania, regardless of the current turmoil in the industry. There are many books that would be able to pay you the full amount within a couple weeks, not drag this on for months.

Sounds like either Betmania doesn't like you, or they are in trouble.

[louis]

Did you ever ask for another method? These clerks and managers are often not customer oriented enough to suggest it, but the sportsbook is not necessarily going out of business, or trying to steal from you.

[freebie]

if you search back to 2006 on my of Mudcat's post. He had already mentioned betmania is slow pay. So this is nothing unusual. bunch of crooks.

A must stay away BOOK!!!!

[chano]

As you can see from reading these chats, they are screwing me around. I have over 10 dimes there and I'm worried this book will be a stiff job.

I would stop worrying and just accept it, you WILL get Stiffed.
No Book behaves this way, unless they are in stiff mode...

[JoshW]

I have been getting similar complaints about Pinnacle. Maybe not quite the run around. But weeks waiting for payouts with no day given when will actually get paid. A lot of processors only do a certain number of checks, wires, ** per account. So with all these withdrawals at once is some seriously long delays.

That said, you should email assistance@sportsbookreview.com and I think we will have some success getting you paid quicker than not.

[Bill Dozer]

I can't think of a reason why Mania can't pay non-US players by Neteller. We will inquire on your behalf.

[bigloser]

I can't think of a reason why Mania can't pay non-US players by Neteller. We will inquire on your behalf.

Because they cant fund their Neteller account. They have to wait for transfers from other Neteller members. Not their fault.

[Checkerboard]

trying 2 b normal, once you have SBR looking into things on your behalf, you should have some answers pretty soon. That was my experience a while back with a book I had had some issues with. Hang in there! Good luck.

[Chuck Sims]

I would not trust BetMania. I have read of slow pays and jerking people around. Those bums are crooks.

[slash]

I have been getting similar complaints about Pinnacle. Maybe not quite the run around. But weeks waiting for payouts with no day given when will actually get paid. A lot of processors only do a certain number of checks, wires, ** per account. So with all these withdrawals at once is some seriously long delays.

That said, you should email assistance@sportsbookreview.com and I think we will have some success getting you paid quicker than not.

Come on, how can you even think of comparing Pinnacle and Mania? This is getting stupid. Mania is obviously going to screw everyone.

[Bill Dozer]

Because they cant fund their Neteller account. They have to wait for transfers from other Neteller members. Not their fault.

They can and shouldn't have emptied it if non-US players held balances.

[Bill Dozer]

trying_2b_normal,

Have you been paid by Neteller?

[JoshW]

Slash I am saying almost all books are having long delay including the best one. That some will end up paying and other won't is a given.

Right now BetMania is offering US customers one $1500 ** a week and that is it. Skybook doesn't have that low a limit but they are also doing only person to person transfers although they have ** too.

[bigloser]

They can and shouldn't have emptied it if non-US players held balances.

They didnt empty members making withdrawals did

[Bill Dozer]

double post

[Bill Dozer]

They didnt empty members making withdrawals did

No, BetMania took the money out.

Most books had inflated Neteller accounts ready for post-Super Bowl payouts. The only way a properly funded book can't pay their non-US guys 5x over is if they withdrew it. Most books lowered their Neteller exposure but had other methods waiting for Canadians or left enough available.

You can't blame books for not wanting to keep extra money hanging aroung there but if you are going to send it, get the money through.

[bigloser]

No, BetMania took the money out.

Most books had inflated Neteller accounts ready for post-Super Bowl payouts. The only way a properly funded book can't pay their non-US guys 5x over is if they withdrew it. Most books lowered their Neteller exposure but had other methods waiting for Canadians or left enough available.

You can't blame books for not wanting to keep extra money hanging aroung there but if you are going to send it, get the money through.

Not at all. If a book was to run along the lines you suggest then it would need to have funds equivalent to its players balances in several different places to ensure that if demands were made in one place they would have the funds immediately accessible. No book runs on this model.

[Bill Dozer]

Not at all. If a book was to run along the lines you suggest then it would need to have funds equivalent to its players balances in several different places to ensure that if demands were made in one place they would have the funds immediately accessible. No book runs on this model.

That doesn't make much sense. How do you think sportsbooks send Neteller to players? Their merchant account has to be funded. US players couldn't use it so most books had more than they needed or wanted there. An American sports sportsbook that can't Neteller Canadians either didn't have the money it needed or pulled it. BetMania probably did over 60% Neteller.

[slash]

Bill,

How come players can only get one payout per 14 days through NETeller? If 10 players each request USD 2,500 tomorrow through NETeller, why don't Betmania wire the money to NETeller immediately? In that way they will be able to pay those 10 players in less than 48 hours.

Of course this scenario requires that Betmania has the money.

[Bill Dozer]

Bill,

How come players can only get one payout per 14 days through NETeller? If 10 players each request USD 2,500 tomorrow through NETeller, why don't Betmania wire the money to NETeller immediately? In that way they will be able to pay those 10 players in less than 48 hours.

Of course this scenario requires that Betmania has the money.

Right, if moving money with Neteller isn't a problem there is no reason why they can't do that. They also advertise "internal transfers between accounts" meaning a lot of US players who know non-US users could cashout.

[bigloser]

Bill,

How come players can only get one payout per 14 days through NETeller? If 10 players each request USD 2,500 tomorrow through NETeller, why don't Betmania wire the money to NETeller immediately? In that way they will be able to pay those 10 players in less than 48 hours.

Of course this scenario requires that Betmania has the money.

Because it is not possible to fund US$ accounts, Neteller wont take their money. The only money moving around US $ account is money that was there before the freeze.

Wiring US$ nearly always involves going through the US, and we know what happens to the money if anyone goes that route

[SBR_John]

trying 2 b normal,
Keep us updated on your payout status.

[BuddyBear]

Hope things work out Trying 2b normal.....

[Preussen]

In case anybody cares - BetMania has processed my latest $2500 Neteller pay-out yesterday, as promised exactly 15 days after the pay-out before that, without myself even inquiring beforehand.

I still hate the current situation but it at least looks like they do pay, just slowly. I hope this continues as I still have about $5000 there.

[Bill Dozer]

Because it is not possible to fund US$ accounts, Neteller wont take their money. The only money moving around US $ account is money that was there before the freeze.

Wiring US$ nearly always involves going through the US, and we know what happens to the money if anyone goes that route

Merchants are able to do transfers in Euros and are doing wires. Neteller is also working with small merchants to send balances to check processors. Mania has been and is doing transfers with Neteller.

[Bill Dozer]

In case anybody cares - BetMania has processed my latest $2500 Neteller pay-out yesterday, as promised exactly 15 days after the pay-out before that, without myself even inquiring beforehand.

I still hate the current situation but it at least looks like they do pay, just slowly. I hope this continues as I still have about $5000 there.

That is great news. We received an update from a non-US player yesterday that he was also paid by Neteller. Still, at this rate some non-US clients are going to be waiting months if not a year to cashout.

[Sean]

Great news? This is BS - went from being a great book to complete shit. They should be no better than a D-.

I believe that Bill's comment above is in reference to seeing some Neteller payments being processed for non-US players.

[Preussen]

Increasedodds - I know what you mean, but getting my money slowly beats the hell out of not getting it at all, so I agree that this is great news.

[Bill Dozer]

I believe that Bill's comment above is in reference to seeing some Neteller payments being processed for non-US players.

Right...I even used the thumbs down dude and everything.