BWin Withdrawal Fee

[TommyGunne]

I've had an a/c with BWin for ages. Have spun it up a bit, wanted to withdraw some this week but found out they have begun charging a 3% withdrawal fee for Skrill withdrawals from Sep.

Has anyone any thoughts on things to do? I don't really wanna pay 3%. Not sure if I can persuade them to drop it for me, but I doubt I can. Not going to try get it for free unless they close my a/c. Bank transfers are much cheaper, but they won't do that for compliance reasons as I deposited through Skrill.

Is there a way to persuade them to allow me to get a bank transfer? I could "shut down" my skrill account, and they'd have to pay through bank transfer, but not sure if I want to go down that road.

Anyone any thoughts on the situation?

Thanks

[smoothcall]

Could try deposit via bank transfer and then they have to accept bank transfer withdrawal? Not sure on this but could be worth looking into

[ianmc38]

That won't work. You will still need to withdraw the amount of your Skrill deposits to Skrill first. Not much you can do. Alot of sites have started implementing rules like that and from what i've heard a lot more will be doing it in the next year.

[dobby]

That won't work. You will still need to withdraw the amount of your Skrill deposits to Skrill first. Not much you can do. Alot of sites have started implementing rules like that and from what i've heard a lot more will be doing it in the next year.

Would there be any way to combat that? Or is it a case of they do it, we pay it?

I play micro-low stakes recreationally so I don't win big amounts as it is and having %'s taken wouldn't help

[Laois Hammer]

Do they have player transfers? You could look for a swap for another site or skrill

[Flushdraw]

Got hit with that myself in the last week because i had forgotten all about the poxy charge. Stopped playing on WPT about 9 months ago because of the same thing and deposited on BWIN to have a spin. Couldn't get HEM to work so withdrew after a few hours. Got an email saying

We noticed that you are requesting a withdrawal without adequate game play after your recent deposits.

We encourage our players to make deposits with an intention to play and not to withdraw soon after. However, in your case, we have made an exception and processed your withdrawal request as you are one of our valued customers. We request you to ensure that you wager the funds deposited

Same buzz though, 3% of my deposit down the drain. Maybe try depositing a couple of hundred through paypal and spin it up and try to withdraw through there and see how much they allow? I'm pretty sure that's free.

[bohsman]

No coincidence that this comes shortly after MB started giving rakeback.

[NewApproach]

from what I am seeing/hearing this is going to become more and more common btw.

What should we be expecting?

[NewApproach]

a deposit/withdrawal fee unless you are a premium customer but basically from a sportsbetting perspective anybody depositing using this method is a very low margin customer customer at best and when you lump in the MB fees they wont be long slipping to break even or worse.

Think about it, how many guys robbing money in post offices/mug punters deposit via money bookers?

Always thought that, makes sense as it must eat hugely into whatever margin they have from sharpe punters, especially those moving money around frequently. I was more wondering what sort of fee would we be expecting though? A flat €3 job, 2/3/4% or something different?

Pinnacle's fee structure is fair enough to both parties imo, one free withdrawal per month and a $15 fee thereafter.

[nicnicnic]

a deposit/withdrawal fee unless you are a premium customer but basically from a sportsbetting perspective anybody depositing using this method is a very low margin customer customer at best and when you lump in the MB fees they wont be long slipping to break even or worse.

Think about it, how many guys robbing money in post offices/mug punters deposit via money bookers?

Stanjames have taken the line a while back, to not allow new accounts using skrill the option of using the sportsbooks. Are e-wallets a much higher cost to sites than more traditional transaction methods ?

[TommyGunne]

Yeah not surprised with this coming in either but obv sad. The skrill cashback kinda forced their hand. So much more sharp/arb money from skrill than the other mechanisms too as was mentioned.

Feel like a withdrawal fee is so sneaky though. Its so much more straightforward to tax deposits than withdrawals, as most people won't look at withdrawal fees in advance. Also, I really dislike a withdrawal fee being put in place when you already have money in the site. It really should exclude cash you already had at that point, otherwise it just looks like a money grab from them.

Such a shame that Laser cards are dead too. The fees on Visa Debit are so much higher.