Sportsbook.com Payouts
Written by Jack Jones
We highly recommend Sportsbook.com (read our Sportsbook.com review for the full details as to why) to any of our readers who use credit cards or debit cards to deposit in their online sportsbook. This company does a phenomenal job of making sure that the card goes through and you can deposit money into your account.
Now after you have been winning with your sports betting and want to make a withdrawal things do not go quite as smoothly. This is a top notch book so you can rest assured that you will be paid, but probably not as quickly as both you and Sportsbook.com would like. The truth of the matter is that the industry as a whole experiences problems, but due to the size of Sportsbook.com they have a tough time with processors. That means that for the reason your money is safe (they are so huge) it is also difficult for you to get your money.
You will be paid out with a cashier’s check, but the time frame as of the beginning of 2009 is somewhere between four to eight weeks. This is slightly longer than industry standards, but every one is having problems so don’t think that another book is going to be able to offer you a check within a week’s time.
With the delays aside this is still a very good book that treats their clients well. It’s a great place to get decent lines and for anyone looking to make their first online deposit, it doesn’t get much easier than working with Sportsbook.com.
13 Responses to “Sportsbook.com Payouts”
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Yes, I love sportsbook.com ! It is one of my favorite online sportsbooks. Their payouts is fantastic.
Sportsbook.com is listed as a good book? Are you getting paid by them? They have had these payout problems for over 3 years, it’s always some BS about their payment processor. Any establishment that allows there service to be subpar (putting it lightly) for over 3 years simply does not care about their customers. One day these crooks are just going to shut down the website and take everyone’s money – GUARANTEED!
Jim,
By payout problems I think that you mean payout delays. I don’t think this is BS either simply due to their large size. It’s the same reason Bodog is having problems right now, the volume is too large and there are only a limited amount of companies that want to deal with them. These guys are not going to shut down their website and steal everyone’s money though, that’s just unjustified paranoia.
Jack
i have been trying to get a check or wire tranfer for 2500 usd since last may i have faxed them the same information 10-12 times and they always tell me to fax it in again i give them all the information over live chat and they supposedly try to transfer the money with no avail what a rip off joint !!! any suggestions ???
I have been trying to get paid out by sportsbook.com for 4 months. After four months they now say that the check they sent me was not cashed so that they redeposited the money back into the account and that I can start the process of withdrawal over again. I think the place is just one big rip and I am trying to find the right government agency to go after them any suggestions.
I read these type blogs about sportsbook.com and got scared, but I used USEMYWALLET for my withdrawal, and got my dough quickly. I recommend that method of withdrawal. I was not happy about all the new rules (ID, utility bill), but whatever.
When I tried to make a withdrawal I was told they couldn’t read my drivers liscense, got a BRAND NEW LISCENSE and faxed it over the same day(never even put it in my wallet) still they claimed they couldn’t read it,no withdrawal allowed. I don’t use Sportsbook.com anymore.
When did this happen? Did you get paid? If not maybe I can help you out.
Just bet what was in my acct. and never used them again. If you have to provide drivers liscense info. in order to get a withdrawal, then have the customer provide it at sign up, not after they’ve won then realise they have a problem. No documents,No account. That simple.
i got a letter from them stating we know have faster payouts so i went back same crap no payout probly wont even get paid ont the othe hand ultimat bet payed me in 3 days
After hard time with Sportsbook.com I went to Bodog.com ,payout was much faster than I thought. check mailed on Weds. FedEx delivered it next morning at 10:30.
I have recently won over $55,000. I have been run through the excuse gamut already about withdrawals. Now I am being told 4 – 6 weeks for a wire transfer. Right now based on what I have read I just dont think I will get paid at all. I also know their is no recourse whatsoever. I welcome any comments ………..
I used sportsbook.com about 2 years ago and their payouts were 2-4 weeks. And I quit using them and went to 5dimes which they use moneygram for payouts and it only takes 24 hours to receive your winnings. I got a call one day from a customer service rep at sportsbook.com asking why I havent been playing with them and I simply told the man their payouts take too long and he said they have upgraded their system an payouts now take only 7-10 business days. So I deposited $50 and now I am up to $1,500 and called them a few days ago to request a payout and was told it would take 6-8 weeks for courier check and for bank wire. This is ridiculous. And they have asked me to send copies of utility bil, drivers license and voided check for bank wire. I have sent copies of my info in and they keep telling me they haven’t received it and finally they did receive it and tell me a bank wire will take approximately 7 weeks for me to recieve my money. I have done a bank wire payout from other books and it takes less than a week. I do not understand that it takes 7 weeks for a bank wire. If and after I get my money from sportsbook.com I will be finished with them for good. Their customer service is terrible