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Bookmaker Payouts and Deposit Info

bookmaker eu

Page last updated:  March 16, 2016

Ok, so we know that Bookmaker is a legit sportsbook with a good history and decent reputation for the most part.  It’s very easy to get money to Bookmaker and easy to get it off if you don’t mind some common fees.  Overall their payouts can be the fastest in the offshore sportsbook industry.  There are a few problems I have with Bookmaker.eu and their payouts can be a problem for people making larger cashouts – check out my personal experience near the bottom of the page.

March 2016 Update – I’ve been using bitcoin for all my deposits and withdraws at Bookmaker for the past year and have had no issues.  Payments are received with an average of 4.8 hours with a max of 12 hours and a min of 1 hour.

Feb 2015 UpdateBookmaker has added bitcoin to their cashier.

Bookmaker Payouts

  • Check by Courier
  • Bank Wire
  • WU/MG xfer
  • Debit Card
  • Bitcoin
This is the most popular payout method. Request payout and you will get a check delivered to your door within 5 days (usually takes 2-3 days).

Fee: $50
Minimum Payout: $100
Limit: $3,000/each

Bank wires are usually a great payout method, but not at bookmaker. Find out why lower down the page.

Fee: $600-900
Minimum Payout: $10K
Limit: $50K

Person to Person WU & MG Money Transfer Transfer are 2 different/similar services. I would never use this option, but some might I guess. Put in your request and you will receive a code when your money is ready for pickup – which takes up to 48 hours.

Fee: $25-$75
Minimum Payout: $20
Limit: $900/each

Get a special prepaid debit card and bookmaker will send your withdraws directly to it! You must fill out a prepaid debit card form/application.

Fee: $5 monthly fee and $2 load fee
Minimum Payout: $100
Limit: $2500/each

Bitcoin is an ideal way to move betting money around, especially if you’re located in the US.

Fee: 0
Minimum Payout: $50
Limit: $5,000/each

So basically checks are fast and the fee isn’t bad (around 2%) if you max out your checks at $2500 which. Their debit card option is very appealing for many people.

Bookmaker Deposits

  • Credit Cards
  • Pay by Voucher
  • WU/MG Money Xfer
  • Bitcoin
Currently Visa, Mastercard and American Express is offered for deposits. Make sure your credit card is able to make internationally purchases. CC verification may be required..

Fee: 0!
Min Deposit: $48
Limit: $1,500

This works great if your credit card was declined. Purchase a deposit voucher with your credit card. Requires a quick registration

Fee: 0
Min Deposit: $100
Limit: $500 ($850 daily)

Money transfer services are really easy and Bookmaker has a very high acceptance rate for these person to person transfers.

Fee: varies by the money transfer service
Min Deposit: $100
Limit: $2500

Bitcoin is fast easy chap and very private which makes it a perfect match for online gambling.

Fee: 0
Min Deposit: $10
Limit: $10,000

Bookmaker Check Payouts

Good news and bad news for check cashouts.  The Good: checks always come very fast (usually 2 days).  The Bad: Limited to $3,000 a week and a $50 fee per check. Here’s the big challenge with larger cashouts:

You can only withdraw 1 check a week with a limit of $3,000. A bank wire withdraw has a minimum of $10,000 (which is a terrible amount for a variety of reasons).

Want to cash out $9,500?  Well you will have to do 4 check requests ($3000, $3000, $3000 & $500)… So it will take a minimum of 4 weeks (1 check per week) to get your money.  The awesome news about bookmaker check payouts is that I always receive my money delivered to my door in 2-3 days.  Once in 2013 I made a check request around noon and had it the next day!!

The check you receive will be a foreign/international check (almost always a nothern country), so you can not deposit it at the ATM.  You will have to deposit it at the drive through teller. I do this on a Friday (when they are busy) and have had no problems yet.  I have about 1 in every 6 go to collections, which means your bank will send it the the original bank for payment and you will not get your money for 3-4 weeks.  And of course they charge you a collection fee. Thats just part of this business living in the states…

Bookmaker Bank Wires

bookmaker payout problems

$10K minimum for a bank wire???

A $10,000 minimum?  WTF?  For any transactions that add up to over $10k in a 24 hour period, your bank is required to fill out a Currency Transaction Report (CTR) and file it with IRS.  Fair enough, but I don’t want to raise flags and have my bank send a CTR with a large deposit from Costa Rica.  Plus the wire fees from bookmaker are $600+

My Experience Cashing Out of Bookmaker

I love the fact that their checks come super fast (2 days), even though their is often a $50 withdraw fee.  I let my account build up for almost a year and had $17k in my account and I wanted to cash it out to spread my bankroll around to other betting sites..  I was stuck, do I request a large wire from Costa Rica and have my bank report it to the IRS, or do I request $2500 checks (max check was $2500, but recently was raised to $3,000) for 7 weeks.  I was not in a big hurry, so went with the check method. The fees were less ($350 over the $600 wire fee) and nothing is reported to the IRS.  I’m currently on week 5 of my $2500 weekly payments and no problems at all..

Bookmaker Debit Card Payouts

You can get a “special” debit card from bookmaker to make cashouts.  It is basically a prepaid debit card that they will load with your withdraw request.  Then you can get your money out at an ATM or use it to purchase items.

  • Debit Card Fees: $25 to activate with a $5 monthly fee and a $2 load fee.
  • Debit Card Limits: $100-$2500

Kepp in mind that if you load (cashout) $2500 on your card and want to get your cash from an ATM, most ATMs have a $400-$500 max withdraw.  This means you may be making 5-6 cash withdraws from the ATM and the ATM machine will probably charge a $3-$4 fee for each transaction.

13 comments

  1. Do not join bookmaker terrible site and will hold your money hostage do not take a rollover bonus it’s a scam

  2. Which U. S. banks have no problem accepting international checks. Thinking of opening accounts with Wells Fargo or a local credit union here in Sioux Falls, SD.

  3. Thanks Steven. I sent in my required documents without mentioning it. Just was hoping it would slide through without raising any flags. I noticed it was updated by them. They probably get that a lot.

  4. Can I use the pre paid Bookmaker Debit card to make my initial deposit also?

    • Unfortunately the bookmaker card is not meant for depositing. BM only has it listed as a withdraw option, so you have to request a withdraw in order to even get the card…

      But after you get the card I don’t see why you couldn’t deposit with it, since technically it’s a visa card

      • I was reading the withdrawal requirements. I don’t know why when I set up my account that I put in a different date of birth. Ugh. They want an ID on file. Will this be a problem for me?

        • I’ve done the same thing at a different sportsbook. They just updated the dob in my account.

          I would tell them when you send your ID though, and they will update your account..

  5. How much will Bookmaker and 5 Dimes let you cash out before cutting you off? If you are an honest player, and don’t try to scam a book, how big can you allow your bankroll to grow without worrying? Thanks for your insight.

    • That is really hard to answer as I don’t think it’s a specific amount. I’m sure it depends on bet size etc.

      But they want honest players, so if you aren’t trying to scam the bonus system and are just winning bets, they will keep you around (to some extent – they may limit bet amounts). But the sportsbooks want you to keep betting so they can get back their money.. I’m sure at some point they will cut you off and restrict your betting, but that number has to be extremely high..

  6. i am from india ..can i register.can i get the bookmaker debit card delivered to india..and i i want to deposit trhough moneygram .how to deposit

  7. Hey E,

    Yes, unfortunately most USA banks will not accept international checks at the ATM. It has to do with the routing numbers on the bottom. Apparently ATMs only accept checks with US bank routing numbers.

    The checks always go through fine, but a bank teller must manually enter/deposit the check into your account. I recommend doing this at the drive through teller as opposed to going into the bank..

  8. Are you saying that we can’t cash checks from bookmaker at the ATM and must go through the “drive through”?

    So you mean ATM drive through?

    What happens if you deposit it at an ATM anyways, what happens ?

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