PKR Sports Betting

Trevrizent

New member
Has anyone had any experience of this bookmaker (https://bet.pkr.com/en/)? They are powered by Global Betting Exchange and their odds look pretty competitive when you take into account that they don't charge any commission. I think they may have started life as an online casino and only recently moved into sports betting.
 

Alborz

New member
I used to play poker on PKR a few years ago. They didn't have sports betting back then...

Their odds seem competitive. I might give them a go.
 

Trevrizent

New member
Have done a bit more research on them. Their site runs only in US dollars (seems pretty odd for an outfit licensed in Alderney). You can deposit in other currencies and your deposit is then converted into dollars. When you withdraw, the dollars are converted back into your currency (they claim to use the RBS daily conversion rate). This wouldn't be a big problem if it were not for the fact that PKR charge a 'conversion fee' of 2.9% for every transaction - this is a completely unjustified and disgusting rip off in my view. If they can get their act together, run the site in other currencies as well as dollars and thereby get rid of these ludicrous fees, then I would be very happy to use them, but until they do so, they won't be seeing any of my money.
 

Trevrizent

New member
Just a quick update to my post above. I spoke to someone else at PKR and he said that they apply their 2.9% conversion fee only to the conversion rate and not to the actual amount (as I was given to understand when I first contacted them). In other words, when your deposit or withdrawal is converted into or out of dollars, the conversion will be done at the RBS daily rate with a 2.9% 'adjustment' to the rate in favour of PKR. This still strikes me as totally uncalled for and doesn't alter the fact that PKR should accept bets in currencies other than dollars, but at least it won't hit players as hard as a fee of 2.9% of the actual amount being converted would have done.
 

quincunx

Member
Moneybookers/Skrill charge almost as much for currency conversion.So if PKR are using Skrill to convert the dollars,the charge is understandable.
 

Trevrizent

New member
Fair point - they may well be using Skrill (I didn't ask). What they did say, however, is that they use the RBS 'buying dollars' and 'selling dollars' rates for deposits and withdrawals respectively, which means that you get a different rate for deposits (1.59 yesterday) and withdrawals (1.81 yesterday) rather than a single flat rate for both on any given day. I've never bet in currencies other than GBP, so I don't know whether this is common practice, but it doesn't seem to be to the player's advantage.
 
Top