what is the best way to receive a withdrawal from your book ?

TheCooler

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please everyone chime with your own experiences.
this is important info for all mj members.
 

MadJack

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i always use neteller then have neteller fedex me a check. it's the fastest way. i get neteller withdrawals within an hour but usually minutes and then i get my check the next day from neteller.

i use to have the book fedex me a check but, depending on the book, it might take 2 or 3 days to get the check.

neteller is by far the best method for money transfers, imo.
 

TheCooler

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jack have you made a withdrawal with the atm card if so whats the daily limits ? how much does neteller charge for a next day fed ex check ?
 

MadJack

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neteller charges 11 bucks for the fedex.

i don't own a atm card. gave them up about 20 years ago when i kept fcuking up my checking account by not remembering how much i took out, when i took it out, etc.
 

TheCooler

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is the check drawn on a us bank or canadian ? do you just deposit it your bank account ?
 

MadJack

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i think they still use a canadian bank. just got one last week and didn't check but i assume it was canadian because i had to sign it in the weird spot they use. i deposit them but have cashed them before with no problem. you will most likely have to have the funds in your account if you cash them.
 

MadJack

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you can have neteller eft to your bank too, for free. i never do that because it takes a few days and it goes to an account i never use.

i have a separate account for neteller and paypal use only.
 

fletcher

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Neteller or fed ex bank check IMO . If using offshore I use both Vegas and offshore.


Also see a few of post about people worried about winnings and sending money, the one person I could understand because of what he went through, but really and I do make good money doing this(just talking my personal bets) the IRS is not going to bust your door down over winnings. None of use are bringing in money like the people they do hit up ex BW, you have to bring in a ton of cash not 80,000 to 100,000 type cash , I mean big cash not that any cash won is-not good for you, but trust me your all safe and so am I.

It takes lot of things to raise the red flag and if you do taxes right to start with you should never raise a flag, so you can relax about IRS and feds. They have more problems then medium to moderate range handicappers. Now if your bringing in 250,000 grand + a year then make some plans, but even then if you don't flash money and just lay low and live a good life not flashy you should not have to really worry about things like feds busting your nuts.
 

BuffaloBill

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I saw in another thread Fletcher mentioned cashing the check at a check cashing store. Just wondering if anyone knows what information they take from you at the check cashing store? Also, is this safer then cashing it at your bank, or does it not matter either way? I would prefer not to have it go directly from Neteller to my bank, unless it was small amounts and infrequent. Don't want the bank in my business.

As far as Neteller, they have an ATM card, where you can take the money out directly from your Neteller account without ever going near your bank. I am not positive, but I believe you can take out up to $1,000 a day. You will have to check with Neteller to be certain.
 

fletcher

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they take you dl number and copy of it and info like that in-case you screw them, trust me the last thing they do is report to the feds, these places were started for people who could not get a bank account ex ill people in country, funny money, business people who don't want to report income through their ban, all these places care about is cashing your check and taking their cut, and check out their so called payday loans, and the % rate some are like over 500% , they were made for dirty money and they make a killing, you don't see many in upscale neighborhoods, most are in a little rougher part of town, hell they want 1 thing you to cash a check there or take the nice payday loan and they are not regulated by the feds that is why they can charge that much on loan % rate. you just have to cash some personal checks first so they get to know you and as long as you have money in personal account to cover the checks from where ever 3-5 times the amount of check depends what place and what type of check then they will cash it and take like 9 12 bucks per 100 something like that they very, but they are shady and were started in Chicago first big chain by yes ex mob person now makes a mint on prey who has to use their stores, drug dealers , ill immigrants, people hiding money. you have no worries with any info they want because they just want their fee from you. hell if up to feds they would shut them down, they are right up their with pawn shops so trust me you are very safe, last thing they want is to lose someone who will pay a% to cash a check through them. They are not like a bbb type business in the community. they prey on the needy and lower income type of people and immigrants who should not be here, so do you think they are going to report you to feds when you are how they make their money, check out rates on payday loans, i see so many hard up people week in and out coming in to pay the interest on their loan because can't pay loan off and tops you will get it 1000 bucks , most loans are like 250, it is sad but they make a shit load of money because the people who use them have no other means.

Quit worrying about them and what info they ask for it is only in-case you fuk them over , hell they are the thieves of the under ground financial world big time licenses to steal by these loans and rates to cash checks, fl and ca is loaded with them same as az and tx, anywhere you have ill. workers you will see payday and check stores in lower class neighborhoods where people have to float checks and cash to make bills meet or for the people that need help the most and they will cash or make a loan on pay check but the people will pay through the nose if they don't pay it off in 2 weeks, it is a under ground backed business and anyone who says i am full of bs about who started them , who really owns most of them and why they were started, you need to learn about the business. hell i would love to own one, but it is like a strip club you just don't go in and open one with out a price to pay down the line to someone.
 

BuffaloBill

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Fletcher,

Everything you said makes a lot of sense. Thanks a lot for the info. I think everyone in this forum should read what you said. It seems like a lot of people in here are paraniod about the same thing.

Also, that 9 to 12 bucks per 100 is ridiculous. Those guys might as well have a gun and a mask on when you walk in there, because they are robbing you.

It is a good idea though, as far as avoiding any trouble.

As I said before, the Neteller ATM card is almost the same thing. Instead of Neteller sending you the check and then you taking the check to the check cashing store, now you are taking the cash directly out of your Neteller account.

Either you get the cash from the check cashing store, or you get the cash from the ATM machine.

Both will work well.

Take care.
 

TOPDAWG

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mjalam what sportsbook do you use that allows you to withdraw straight to your bank with no charges i would gretaly appreciate if you would tell me because charges on withdrawls are very expensive and i would refer you if was to join the sportsbook thanks.
 

BuffaloBill

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Topdawg,

I think Bodog sends the money drect to your account for free.

But do you really want to give your banking information to an offshore sportsbook? I sure don't.

Stick with Neteller and pay the fees.
 

LuckyIrish

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I like getting payouts via W/U money transfers.....Can usually get it the same day.
May cost a bit but worth it IMO.
 

Jaxx

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I set up a checking account strickly for betting and transfer money with no fees(so far) at vipsports, bodog using e-check. There are several other books like bet19 & beverlyhills that also do it. Only draw back if you are a big player(I am not) some books have limits on deposits by that method. I use nettellar for other transactions.Hope that helps.
GL
 

kickserv

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and by the way.......NetTeller cheques are printed in Alberta at the National Bank of Canada.....if your Canadian you can get them to print cheque in Canadian funds and then go right to a National Bank of Canada branch...show your ID and get paid!

(and get this......since I'm so close only 4 hours away...I get em to send cheque regular mail and I get it next day.....no charges...they pay the 49 cent stamp!!!......yeee hawwwww!....then again I suppose I could pay the 9 bucks Canadian and have em courier it...but that would be smart..lol)


Of course I'd assume that the cheques sent to the US are in US funds......???
 
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