CRIS Book to Book Transfers

TheNuts · Jun 28, 2007

CRIS/Bookmaker now informs me that since June 20th, they no longer are doing sportsbook transfers with pinnacle. ( worrying?? )

Also they now charge $100 for a transfer up to $5000, $200 for up to $10,000 and $300 for over $10,000 transferred.

They are literally the only book to charge any fees for this service. Pinnacle, matchbook, mansion, wsex, skybook, jazz, 5dimes, The greek, Grande, catalina all transfer for free.

austintx05 · Jun 28, 2007

go to matchbook

Grog · Jun 28, 2007

I agree. They gave me a major hassle when i went to withdraw.

wilheim · Jun 28, 2007

Making a withdrawal from BetCRIS or Bookmaker.com should never be a problem and I am here to asisst any Rxer who needs help.

Regarding the book to book transfers it is obvious that BetCris and Bookmaker.com management while still offering the service would rather discourage it by charging higer fees than in the past. Since the new reality regarding withdrawals more and more players are using book to book transfers in order to withdraw funds from one book rather than another and regardles of what many think these transfers still do cost money to accomplish. Obviously when a much higher percentage of funds is being transferred out of a book than is being transferred in it becomes a negative to a business' cash flow.

When a player wins at a book and then transfers those winnings to another book to either play there or withdraw from that book the only option the transferring book has to recoup the funds are for that player to redeposit. Once the balance of book to book transfers gets too one sided it becomes fiscally unsound to contunue the practice. Players love BetCRIS and Bookmaker.com because of their early lines and other betting options but currently they are not able to effect a withdrawal as quickly as some of the other major offshore books, thus creating the inbalance in book to book transfers.

Personally I feel any book has the right to design their business model to their own best interests. Just as players have the right to pick whatever books suits them the best. That is the way the industry is these days. Certainly BetCris/Bookmaker.com management considered the negative publicity making the changes in their book to book rates would create and chose to live with the that bad PR. On the other hand they still remain a solid out that pays as well as any book out there for as high as any book out there.

Again players with problems at BetCRIS/Bookmaker.com or any other Rx.com sponser book are very welcomed to email me at wilheim@therx.com I will help you to the best of my ability immediately.

Back-up -- person19481950@yahoo.com

Please try to email me first if you are having a withdrawal problem at any Rx.com sponser book before posting a thread that this or that book is not paying or is stiffing me completely etc..

Many thanks, wilheim.

Brooklynbomber · Jun 28, 2007

why was the title of this thread changed?

poster was giving his opinion that the book has slid.....I think alot of people myself included agree. He was not bashing them or giving false information.

It's feedback from people like us that may have a positive impact on a book....maybe they'll step up their game.

wilheim · Jun 28, 2007

I changed it to a title that is suitable for the thread and the issue being addressed. TheRx.com has been using this policy for several months. The basic subject matter is untouched and the thread is here for all to read and comment on. Our policy is that thread titles about sportsbook problems should reflect the particular problem or issue and not condem a book overall in an unfair light. Just because a book changes rates on a type of withdrawal does not mean they are going down hill.

That policy is firm and will remain in place on orders from Rx.com management..

wilheim.

HerzvanRentle · Jun 28, 2007

They still do free Neteller withdrawals on a friday.

Seymour · Jun 28, 2007

Getting paid from CRIS is NEVER a problem - but it's ALWAYS going to cost you

red007 · Jun 29, 2007

wow, those are some insane fees.

red007 · Jun 29, 2007

Herz van Rentle said:
They still do free Neteller withdrawals on a friday.

doesn't do anyone in the US any good.

MrCleo · Jun 29, 2007

yes those transfer fees are ridicolous, and nothing can be said to justify it.

red007 · Jun 29, 2007

and isn't their limit only 4900 for a fedex check?
thats BS as well.

sunnyblue100 · Jul 31, 2007

Just live chat asking about the book to book transfer fee, now they are saying for transfer amount less than $10000, they will charge $200, even it's a $1000 transfer. Do they change their fee structure? Or I was told the wrong information? :think2:

Santo · Aug 6, 2007

Do they charge for incoming transfers also, or is it only outgoing?

sunnyblue100 · Aug 6, 2007

They will be more than glad to accept the incoming transfer, as far as I know, no charge applies.

Santo said:
Do they charge for incoming transfers also, or is it only outgoing?

vanzack · Aug 6, 2007

What a fucking joke bookmaker / cris is.

This is just one more nail in the coffin.

Wilheim, its great that you support your sponsors, but no matter what you say its fairly obvious to anyone who follows this stuff that Bookmaker is a joke.

Here is an honest assessment of Bookmaker / Cris:

To my knowledge, I have never heard of them ever stiffing anyone. They have been around as long as anyone, and have a very good safety reputation. They also put up early lines, although at very low limits. That is the good news.

The bad is that they play games with withdrawals, charging 60 bucks (I think it is 60 but if not very close) for a simple withdrawal. The worst thing they do is they have a rewards program where if you get 2500 points you are supposed to get a free withdrawal - but try to use it and they will say no. Why? Because they will say "you have enough money to pay for a withdrawal", or "points are only for people who dont bet a lot" etc - kind of like trying to use a coupon at McDonalds and having the drive through lady tell you "you drive a mercedes, you cant use a coupone here".

Bookmaker also is FULL juice, which is terrible these days. Why pay -110 when you dont have to?

And now you have to pay 200 bucks for a 5k transfer to another book that is little or no cost to them??

Like I said, what a fucking joke.

macb · Aug 6, 2007

VanWhack, they put out numbers earlier then any book for 20 years; never stiff a player; never shut off players for winning; and don't really want to be a transfer service at this time in the current enviornment. What's so hard to f-in understand?????

hno:

Dawoofdaddy · Aug 6, 2007

vanzack said:
What a fucking joke bookmaker / cris is.

Wilheim, its great that you support your sponsors, but no matter what you say its fairly obvious to anyone who follows this stuff that Bookmaker is a joke.

I wouldnt call them a joke book, but these fees are ridiculously too high.

Fighting_Irishman · Aug 6, 2007

The fees are high for a reason. To keep players from moving money from book to book unless absolutely necessary. A lot of books know each other, but do not actually pay and collect, but once a year. Therefore why would the GREEK want to pay out a $20K debt for a money transfer from CRIS when he aint going to see the cash for a year? If the clients want to do it then we will make it available but your gonna pay for it is what they are thinking.

FI

VIEJODINOSAUR · Aug 6, 2007

vanzack said:
What a fucking joke bookmaker / cris is.

This is just one more nail in the coffin.

Wilheim, its great that you support your sponsors, but no matter what you say its fairly obvious to anyone who follows this stuff that Bookmaker is a joke.

Here is an honest assessment of Bookmaker / Cris:

To my knowledge, I have never heard of them ever stiffing anyone. They have been around as long as anyone, and have a very good safety reputation. They also put up early lines, although at very low limits. That is the good news.

The bad is that they play games with withdrawals, charging 60 bucks (I think it is 60 but if not very close) for a simple withdrawal. The worst thing they do is they have a rewards program where if you get 2500 points you are supposed to get a free withdrawal - but try to use it and they will say no. Why? Because they will say "you have enough money to pay for a withdrawal", or "points are only for people who dont bet a lot" etc - kind of like trying to use a coupon at McDonalds and having the drive through lady tell you "you drive a mercedes, you cant use a coupone here".

Bookmaker also is FULL juice, which is terrible these days. Why pay -110 when you dont have to?

And now you have to pay 200 bucks for a 5k transfer to another book that is little or no cost to them??

Like I said, what a fucking joke.

Vanzack...to call CRIS a fuking joke is way out of line....if you don't like it go somewhere else, there are a ton of books to take your action..CRIS takes a good pop on overnites, where else are you going to get more..they are top five in my opinon, despite some high fees...because of the current situation in banking, every book is trying to do their best to accomodate everyone....have a nice day