Search:

That's okay to a point but one of my biggest concerns with the requirement is that it discourages one from making a withdrawal of winnings which in the past would have been quite appropriate.
The...

Think we may be getting tied up in interpretation of words here.
Deposit requires to be wagered 5 times.
Wager only half of it and you pay 3% on half your deposit if you withdraw. Right?
Think...

Last I read was that the withdrawal fee was 3% of the shortfall in your wagering requirement. Are you saying it's been raised to 5%?

You'll likely get a dozen answers, all different, as Pinnacle has never fully spelt out how the whole scheme works.

If you want an answer you can rely on, ask Pinnacle.

:lmao:

Of all the ridiculous suggestions I've heard in my lifetime that one takes the cake!

Good God!
WTF would anyone play at those places then?
I once did; their odds weren't that good; they limited me heavily and Gamebookers tried to cheat me!

No. It's disappointing that we haven't got clarification of the Real1992 issue. Until it is satisfactorily resolved I won't be making any further deposits at Pinnacle.

I would think the in and out...

I have no "local agency" which will take the bets I make.
SBO and the exchanges beat or almost match Pinnacle most of the time. But the issue with them can be liquidity.

[QUOTE=FlyingKite;21706913]
The 3% of winnings will go to them if u beat them. /QUOTE]

Incorrect.
Your winnings are exempt from the 3% fee.
But you'll pay it on the part of your remaining...

Correct. I've managed very well with keeping it to one withdrawal per month. I would probably average a couple of bets per day at Pinnacle. But at times I've had bad runs and made a few deposits in a...

Some may be but I think most of us work on very thin margins and paying an extra 3% to withdraw our own funds puts a huge hole in our edge.

Much preferable to play at agencies which offer pretty...

No longer I would think.

suggest you read what they did to Real1992

I have no sympathy for the arbers who deposit, make one bet and withdraw but Pinnacle has itself to blame for openly encouraging arb business and now...

The withdrawal of what you win is free of the 3% charge in my understanding.
But I don't believe you're correct in regard to the remaining rollover requirement. That's not dependent on your balance...

No minimum at Pinnacle.

You can withdraw your winnings without attracting the 3% deposit fee.

Just occurred to me that the prime abusers are the arbers which Pinnacle has been actively encouraging with articles saying they welcome arbers and giving advice on how to do it! Even promoting those...

If you're such a regular loser the deposit fee shouldn't trouble you as you'd rarely be in any position to be making withdrawals.

Other than the nuisances/arbers who deposit - withdraw - deposit -...

depends entirely on your means of depositing / withdrawing

I and others have made quite a bit of noise about this issue whilst Pinnacle appears to be making contradictory statements about the application of their deposit fee.

Questions have been raised...

No thanks.
I don't pay deposit or withdrawal fees anywhere.
I want to be able to withdraw ALL my funds at any time.

If you withdraw your winnings it leaves you short of ammunition to make the balance of your turnover requirement without making a further deposit, thus further boosting your turnover requirement.
...

Yes SBO is specifically there for ah
Only fools get caught with Betfair's pc
Yes, Matchbook is an exchange and liquidity is always a problem with them until late on many markets but unless you're...

Somebody's not reading/comprehending eh?

You can generally get better odds at Matchbook, SBO or Betfair even if this Pinnacle rule didn't exist. Taking it into account it would be pretty rare that...

No, I'm not interested in daily deposits and withdrawals. I'm not one of the abusers Pinnacle refers to. I deposit and withdraw only as needed and pay no fees for it to anyone.

As I said before,...

I'm more than comfortable with the safety of the books I mentioned. Been using them for years with no issues.

Pinnacle will lose a lot of custom through this ill-conceived move.

Stuff the Americans!
Stuff Bodog!
Pinnacle's odds are not so competitive when compared with Matchbook, SBO and Betfair as to make them worthwhile putting up with this crap.
I don't need to and I...

Why not simply slug those making more regular withdrawals a lot harder?

It would not surprise me to find that most of the CS team haven't really got a proper handle on this thing yet.
Maybe even those who dreamed it up didn't fully appreciate the possible permutations...

Great to see they've at least conceded that point.
But I'd have thought an email or message on their home page is needed to ensure all customers are aware of it now.

Thanks.
Very obviously some inconsistencies going on here.
SBR can you get some clarity on all of this for us please?

Was your $6k withdrawal all profit or did it include a partial withdrawal of the amount you deposited in April?

Profit is free of the 3% fee.

Link Not Working - Removed-)

This email response I received from Pinnacle appears to contradict this story?

Dear Sir,

Following your example, if you make a deposit of $5,000, lose $4,900 and then deposit $5,000, you will...

Aren't April Fools' jokes supposed to be revealed as such on the day?

I would be guilty of yelling about it as much as anyone but I'm certainly not guilty of the abuse charge.

I've NEVER paid a fee for a withdrawal!

Can you guess what that means smartarse?
...

NO.

[/LIST]
I made a deposit on the weekend, unaware of the new rule because we weren't advised of it. I strongly object to it applying to that deposit.



But if you deposit $100, lose $90 and...

of all the bookies on this planet, Pinnacle is the last I'd have expected this sort of crap from

Silly response!
They have been the best but this move now puts them clearly behind Matchbook in particular and Betfair for those not on the top level of commission.
But worst of all they failed to...

Doesn't clarify the method of calculating required rollover when a previous deposit is partially but not wholly lost.
Doesn't state the date of application of the new requirement. Nor why we weren't...

No doubt it is a cost which they and all betting agencies have to bear. That is why they all (until now) required you to turn it over once in full before withdrawing. That is reasonable and factored...

When was your last deposit?
Did you turn it over 5+ times?

Fees were only in place if you asked for a second or subsequent withdrawal in a calendar month. And I think that was only a flat $15, not a percentage of your withdrawal. I always managed to work...

Compared to no fee as it was previously and at every other bookie I use it most certainly is exorbitant.
If one were to have known about it in advance of making his deposit I agree there would be no...

One withdrawal remains free if you have turned over your deposit(s) five times. Otherwise you pay 3% fee on top of any withdrawal fee for a second or subsequent withdrawal it seems.

If this rule...

No phone number but they've always been the best in the business in responding to email.

So, if you deposit $5,000 and lose $4,900 and then deposit another $5,000 you still need to turnover $45,100?

Can we get SBR to make some enquiries and report back about this?

It is quite unreasonable and going to prove extremely unpopular.

And it appears to have been introduced without any warning to...