Mailing a PIN # before sending $...how many sportsbooks have this rule?

chief910 · Mar 20, 2004

I was about to open an account with betonusa until I read the following rule....
Withdrawing Funds
Before the user can withdraw funds a PIN number will be sent via regular mail after the initial request for withdraw has been made. Any amount withdrawn by the user shall be forwarded to the user after deduction of any transaction costs has been made.

It goes on to mention it might take up to 15 days to receive your #. In other words, request a payout, we'll send you a PIN no., and in the meantime, let's hope you wager away your account balance.

Just wanted to point out this rule, as a lot of prosepctive clients might not read the "fine print." I've seen this rule at other sportsbooks, and have always stayed away from opening an account at such places. If this isn't a red flag, I don't know what is.

Any other "fine print" rules that we should be aware of??? If so, post away.

RobFunk · Mar 20, 2004

yes I had to deal with this same BS once also. I wish I could remember the books name. it wasnt that long ago. I saw something at a price I had to have so I did a deposit without looking at the withdrawl policys. I recieved my pin 3 weeks later and my payment 3 weeks after that. 6 weeks for a flippn 400 payout.

always look over a books withdrawl policys before playing there. make sure they do n-tell and WU out or whatever you prefrence is.

at least this is what I learned.

SportSavant · Mar 20, 2004

intercasino.com which is one of the most reputable online casinos also has a similar system...Once you have the Pin # though you never have to wait again

DarrylParsons · Mar 20, 2004

I'd stay away from a place like that. The only possible reasons for such a stupid rule is either they hope you lose your patience and keep betting or they have cash flow issues and need the extra time. Either way it's not a good sign.

SportSavant · Mar 20, 2004

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> I'd stay away from a place like that. The only possible reasons for such a stupid rule is either they hope you lose your patience and keep betting or they have cash flow issues and need the extra time. Either way it's not a good sign. <HR></BLOCKQUOTE>

disagree simply a system to verify that the address provided is koshur...like I said Intercasino does this & is one of the most reputable on the net...

as far as Betonusa...never heard of them so no clue as to their reputation...do you plan on withdrawing within the first 60 days anyway?

RobFunk · Mar 20, 2004

what difference does it make if the address provided is koshur? really. for security? isnt that the point of a password and things like that? if im in mass and i tell you to send a WU to california and i got the info to prove its me, you better damn well send it to california.

i think its becuase they have little to no cash on hand and they can manage things better and also like darryl says. what big time book does this? none of them, thats who. and this info with the pin isnt exactly known until you read the fine print.

daringly · Mar 20, 2004

I just got direct mail today from BetonUSA.com. I don't bonus whore, but if I want my money, I expect it right then (w/i 24 hours).

I checked out its website. Per its "FAQ", your PIN is emailed to you when you register. Other things you'll notice is choppy grammar. If it's still around in a year, I might think about investing in it. Anyone else heard of them?

RobFunk · Mar 20, 2004

i got no bonus.. .i didnt expect one.. .just for the record. . .outifts with this system should be avoided it is a weak way to overcome cash on hand difficultys, in which case they shouldnt be in business

DarrylParsons · Mar 20, 2004

Sports,

Those are really silly arguments. It almost sounds like fast and reliable payouts are not important to you. Have you not noticed that 10 out of the 10 most reliable books are capable of paying immediately and for some reason don't need to verify your address by mail?

I've been waiting for an opportunity to post this, and now I've found one, thanks...

P.S. Please don't take the picture seriously, it was meant in jest.

dawgpound · Mar 21, 2004

I got regular mail from those idiots yesterday offering me 50 bucks for opening an account. They did credit me 50 V-chips. After hitting to nice parlays my balance was still 50 bucks. I called and they said parlays are not excepted with the free 50 promo and you have to win 1,000
before you can withdraw it. It took them an hour to grade the Xavier game. I wonder how those as@holes got my address. The only one with my address in the gaming industry is WWTS I wonder if they are selling addresses now?

JimFiestSux · Mar 23, 2004

If they are the ONLY one with your addy, then I'd start to wonder if all names are there for the taking?? I stay away from books who contact me with promos! Unless I'm a client with them! Also STAY FAR AWAY from a shop where you can't get your money in 24 hrs! You're only asking for trouble! Show me a gambler who'll wait 15 days for a pin # for a payout?? Hell a week or 2 more and its almost like being slowpaid!!

marc · Mar 23, 2004

Betonusa has been around for awhile. They are in the same family as superbet. They do pay, but I wouldn't suggest playing there. I believe they actually email you the pin, but I could be wrong, it's been a long time since I signed up.

Thier lines are identical to those you would find at sportsbook.com But the limits are better sportsbbok.com, and they have a wider variety of betting lines. Betonusa offers a better cash signup bonus, but the rollover is ridiculous.

The family of sites that was most nottorious for mailing a pin number was futurebets. They would not mail you a pin number until you made a deposit. ANd often wouldn't mail the pin until around a week after your deposit. Once you had the pin, you were lucky to get paid with a few weeks of your requests. Now the few remaining sites may you wait a few months (unless something has changed)

It should also be noted that casinos and sportsbooks tend to have very different philosphies regarding payouts, as do thier cusotmers. Most reputable sportsbooks pay right away. Not at all uncommn for a reputable casino to take a week or more to issue a check. Casinos are also much more weary about bonus whores. They got beat bad early on, and try to take measures to insure no one is opening multiple accounts

Mailing a PIN # before sending $...how many sportsbooks have this rule?

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