Why am I not being allowed to post?

[Miz]

yeah, if you walk in to a new bank and explain that you work in the prediction market space and say it is kinda like Kalshi, they'll know what you're talking about. Then say you want to set up a CD because you're expecting several wires because you hit big. All of this is true, and it is perfectly legal. I don't see the issue a bank would have. They love large new deposits.

 

[sportsbettor5]

I asked my buddy, who works at Wells Fargo, if they would close an account for receiving two 20k wires and he said definitely no.

Did you specify that they were international wires from an account that WF knows to be associated with an illegal un-regulated gambling operation?

(A few years ago one of WF's competitors shut down my account for receiving a significantly smaller international wire from a questionable source.)

 

[Miz]

maybe they would object, I can't say for sure. probably worth a try though. Not many other options

 

[birdwingbaby]

Hi Andre, not exactly the same as you but close. I can’t even get past the KYC with Bookmaker. They asked for video call, I said right away “yes, available any time”, and since then… nothing, no answer. Now my follow-up emails bounce back to me.

I read your story and the others with big wins, and it makes me think they do this on purpose with new accounts or people who win a lot. They lock us at KYC or make endless excuses so they don’t have to pay, and use our deposits + money to pay fast the old players who have been with them many years. That way they keep the good reputation of “always pay the loyal ones quick”, but the new people like me stay stuck forever and lose everything.

It’s not fair at all. I’m from a Spanish-speaking country and my English is not perfect, but I know this feels very wrong.

Hope you get the rest of your money soon.

 

[fergusonandre748]

They told me it was shut down due to the source of the wire. It was from a company who they don't do business with.

Hi Birdwing. Thanks for the reply. There's not much we can do besides spread the word as far as possible. I'm not big on X but I'm starting to make some posts there. Just get the word out. If you ever have a large balance on BM, be prepared for unethical BS like this

 

[fergusonandre748]

They allowed me to cash out the remaining $105k via crypto. Awful, unprofessional experience by their KYC team, but at the end of the day they paid, and only screwed me with taxes on $40k. Thanks to all who helped

 

[Ace7550]

They allowed me to cash out the remaining $105k via crypto. Awful, unprofessional experience by their KYC team, but at the end of the day they paid, and only screwed me with taxes on $40k. Thanks to all who helped

How did you convince them to do that?

 

[sportsbettor5]

They allowed me to cash out the remaining $105k via crypto. Awful, unprofessional experience by their KYC team, but at the end of the day they paid, and only screwed me with taxes on $40k. Thanks to all who helped

Thanks for updating us

 

[jyumni]

They allowed me to cash out the remaining $105k via crypto. Awful, unprofessional experience by their KYC team, but at the end of the day they paid, and only screwed me with taxes on $40k. Thanks to all who helped

Whats up with taxes 40k ?? why do they deduct tax for you??? confused as hell

 

[mrmcnasty]

Whats up with taxes 40k ?? why do they deduct tax for you??? confused as hell

Pretty sure he just means he now has to report taxes on 40k since they forced him into a bank wire

 

[jyumni]

Pretty sure he just means he now has to report taxes on 40k since they forced him into a bank wire

ohhhh got it. that sucks.
i kinda have a feeling that since bitcoin and all the crypto market has crashed they are trying to hold onto it as much as possible thinking it will bounce back?
Maybe thats the reason why they refused to pay with crypto ?

 

[BigJay]

Hope he cashed that crypto

 

[europro]

They're refusing to do crypto. They're forcing me to withdraw $146,600 via wire after I've already received $20k, and when the only funding method I've ever used is BTC. It's actually happening

should just do 7k per wire so bank doesent flag it

 

[europro]

My bank closed my account due to suspicious activity. I went from having very little funds, to receiving 2 $20k wires in a short period, and that was enough. I told BM there was a chance this would happen. And now KYC is saying that's not their problem and I can still only do bank wires for payouts. If this happened with my bank that I've had for years, it's 100% gonna happen if I go open a new account somewhere. I guess I'm just never gonna see this money. Good job BM, you won

transfer funds to my BM acct ill cash some crypto for u my brotha

 

[btcfan]

ohhhh got it. that sucks.
i kinda have a feeling that since bitcoin and all the crypto market has crashed they are trying to hold onto it as much as possible thinking it will bounce back?
Maybe thats the reason why they refused to pay with crypto ?

That seems unlikely. I can't see them holding that much and having a large currency exposure risk. Way too risky on a lower margin business. They have a company taking that risk. Pretty sure they are buying/selling crypto constantly.

 

[fergusonandre748]

After withdrawing 100k via BTC, I wait the 30 days to withdraw the remaining $5.8k, and they cancel the payout. I get on live chat and they tell me that it's back to bank wires only. For the last $5.8k. Just so they can snag another $600 in fees. Simply unreal

And yes, I cashed out all the crypto via Bisq. A solid decentralized anonymous exchange. Highly recommend

 

[europro]

After withdrawing 100k via BTC, I wait the 30 days to withdraw the remaining $5.8k, and they cancel the payout. I get on live chat and they tell me that it's back to bank wires only. For the last $5.8k. Just so they can snag another $600 in fees. Simply unreal

And yes, I cashed out all the crypto via Bisq. A solid decentralized anonymous exchange. Highly recommend

this guy has fuucking money man.

 

[europro]

They allowed me to cash out the remaining $105k via crypto. Awful, unprofessional experience by their KYC team, but at the end of the day they paid, and only screwed me with taxes on $40k. Thanks to all who helped

shouldve transfered some to me, you wouldve had 0 taxes to pay

 

[sportsbettor5]

After withdrawing 100k via BTC, I wait the 30 days to withdraw the remaining $5.8k, and they cancel the payout. I get on live chat and they tell me that it's back to bank wires only. For the last $5.8k. Just so they can snag another $600 in fees. Simply unreal

And yes, I cashed out all the crypto via Bisq. A solid decentralized anonymous exchange. Highly recommend

Pretty odd. I wonder if it's just miscommunication from the chat rep?

 

[fergusonandre748]

Hopefully final update

My balance was $5482. Minimum bank wire is $5k. There's a $400 fee for $5k, but then as soon as you withdraw more then $5k, the fee goes to $600. So I had to do 5k, and leave myself $82. I got in chat to ask what my options are to withdraw it. The supervisor told me we will let you play in the casino only to try to win $5400 needed for the minimum wire. Lol. That's right guys. Just trolling like they've been for the majority of this. Good luck to everyone. I'll be at Betonline and Bet anything, the only sites that don't fukk with you at this level.