And with all fees, it is possible to get profit from them.
But after a while I got an "Dear John" letter where they are closing my sportsbook account.
Interwetten are joking, right?
- fnatic91
- Pro
- Karma: 9
Post
Ok , you can get profits even if they charge fees on deposits and withdrawals ...but no way you can make profits if they also tax 5% your stake.
Re: Interwetten are joking, right?
5% tax on your stake is not included , right ?djordjeno wrote: And with all fees, it is possible to get profit from them.
But after a while I got an "Dear John" letter where they are closing my sportsbook account.
Ok , you can get profits even if they charge fees on deposits and withdrawals ...but no way you can make profits if they also tax 5% your stake.
- ilosemoneydaily
- Gaining experience
- Karma: 8
Post
Remember
Re: Interwetten are joking, right?
From what I remember betting with them, they charge 5% commission on your payout, not just your stake or winnings. In other words add your stake and winnings together then minus 5%. And to add salt in the wound I was limited to the amount I could bet from day one, I gave up with them.fnatic91 wrote:5% tax on your stake is not included , right ?djordjeno wrote: And with all fees, it is possible to get profit from them.
But after a while I got an "Dear John" letter where they are closing my sportsbook account.
Ok , you can get profits even if they charge fees on deposits and withdrawals ...but no way you can make profits if they also tax 5% your stake.
Remember
- fnatic91
- Pro
- Karma: 9
Post
you bet 100 EUR on odd 2.00
They charge 5% of stake , which is 5 EUR
If you hit your bet , your payout is 95 EUR * 2.00 = 190 EUR
Re: Interwetten are joking, right?
Charging the stake is the the same as charging the payoutilosemoneydaily wrote:From what I remember betting with them, they charge 5% commission on your payout, not just your stake or winnings. In other words add your stake and winnings together then minus 5%. And to add salt in the wound I was limited to the amount I could bet from day one, I gave up with them.fnatic91 wrote:5% tax on your stake is not included , right ?djordjeno wrote: And with all fees, it is possible to get profit from them.
But after a while I got an "Dear John" letter where they are closing my sportsbook account.
Ok , you can get profits even if they charge fees on deposits and withdrawals ...but no way you can make profits if they also tax 5% your stake.
Remember
you bet 100 EUR on odd 2.00
They charge 5% of stake , which is 5 EUR
If you hit your bet , your payout is 95 EUR * 2.00 = 190 EUR
- ilosemoneydaily
- Gaining experience
- Karma: 8
Post
Re: Interwetten are joking, right?
Yes true, it wouldn't have been so bad, if they had higher limits, after all that commssion!fnatic91 wrote:Charging the stake is the the same as charging the payoutilosemoneydaily wrote:From what I remember betting with them, they charge 5% commission on your payout, not just your stake or winnings. In other words add your stake and winnings together then minus 5%. And to add salt in the wound I was limited to the amount I could bet from day one, I gave up with them.fnatic91 wrote: 5% tax on your stake is not included , right ?
Ok , you can get profits even if they charge fees on deposits and withdrawals ...but no way you can make profits if they also tax 5% your stake.
Remember
you bet 100 EUR on odd 2.00
They charge 5% of stake , which is 5 EUR
If you hit your bet , your payout is 95 EUR * 2.00 = 190 EUR
- qbet
- To become a Pro
- Karma: 41
- fnatic91
- Pro
- Karma: 9
Post
Re: Interwetten are joking, right?
5% tax is only on singles ?qbet wrote: The way to beat this : Parlays.
- qbet
- To become a Pro
- Karma: 41
Post
Re: Interwetten are joking, right?
It's on multiples too but you only loose 5% of the final payout and not from the odds of every bet.