How much late fee does your bookie charges you?

Question

Not that I ever pay up my bookie late, I'm always on time and always get paid on time. But in case if anyone is ever late, my bookie has a policy of charging late fee 10% per week of whatever is being owed. If anyone try to screw him over and not pay at all, then he'll send people to their house and work and make them pay.

Just wondering how much late fee does your bookie charges you?

RickT33 · Answer

Not that I ever pay up my bookie late, I'm always on time and always get paid on time. But in case if anyone is ever late, my bookie has a policy of charging late fee 10% per week of whatever is being owed. If anyone try to screw him over and not pay at all, then he'll send people to their house and work and make them pay.

Just wondering how much late fee does your bookie charges you?

thedegenerate · Answer

i know some 10% a day after 1 week.

thedegenerate · Answer

my guess is you are asking for a reason.  just pay him........that is if you like to be paid when you win

tep · Answer

that&#x27;s cheap 3/3.5 points is the norm

RickT33 · Answer

I always paid on time so I was never charged late fees ever with my bookie.  But I know few of his other clients were charged late fee before, but it was only one time.  I&#x27;m just asking what % late fee other bookies charge that&#x27;s all.  I guess 10% is the normal.

mikeslg · Answer

10% a week for what is owed your guy must have some serious muscle. Regular guy gets down 10 grand and then another grand each week cause they can't pay in full. That's crazy and honestly not realistic.

3% a week is pretty standard in the business for guys that treat it like a business transaction. Dealing with gamblers you are going to get paid late by a certain percentage no matter how big and bad you are. I know several large outfit guys that tell me 20-30% don't pay in full each week. Best customers though, beat them out of money twice.

RickT33 · Answer

[Quote: Originally Posted by mikeslg]  10% a week for what is owed your guy must have some serious muscle. Regular guy gets down 10 grand and then another grand each week cause they can&#x27;t pay in full. That&#x27;s crazy and honestly not realistic. &#xD;&#xA;3% a week is pretty standard in the business for guys that treat it like a business transaction. Dealing with gamblers you are going to get paid late by a certain percentage no matter how big and bad you are. I know several large outfit guys that tell me 20-30% don&#x27;t pay in full each week. Best customers though, beat them out of money twice.  [/Quote]Isn&#x27;t 3% kind of little?  Let&#x27;s say you owe $1000, so that means a week of penalty fee is just $30?Even if anyone pays partial, it&#x27;s still a penalty fee my bookie will charge.  That&#x27;s why all his customers are always on time when they lose, and we as players always get paid on time when we win.

RickT33 · Answer

Obviously those certain bookies didn&#x27;t really do their homework on those certain customers before giving them too much credit.  What they should&#x27;ve done is check those big betting customers&#x27; income.  If they want to bet $10,000 a week, their bank statement and paycheck stubs better look good.

mikeslg · Answer

3% a week is alot of money don&#x27;t kid yourself. Someone takes 3 or 4 months to pay you what they owe and you collect more than 1.5 times what they owe you. If people on Wall Street made their investors 3% a week they would own the biggest hedge fund in the world....&#xD;&#xA;I&#x27;ve been on both sides of this and would laugh if someone asked to see my paycheck stub or bank statement. I do agree you have to know your customer so I see your point. Does no one any good to let people get in over their heads. Sometimes its hard to tell what that really is. Grown man in his 30-40&#x27;s can&#x27;t get 5-10 grand if he lost it? Tough to judge sometimes.

QuintenBrady · Answer

Mikeslg--are you looking for a place to play or just offering advice?

RickT33 · Answer

[Quote: Originally Posted by mikeslg]  &#xD;&#xA;I&#x27;ve been on both sides of this and would laugh if someone asked to see my paycheck stub or bank statement. I do agree you have to know your customer so I see your point. Does no one any good to let people get in over their heads. Sometimes its hard to tell what that really is. Grown man in his 30-40&#x27;s can&#x27;t get 5-10 grand if he lost it? Tough to judge sometimes.  [/Quote]No proof, then no big credit.  It&#x27;s that simple according to my bookie.  I didn&#x27;t wanna show him my bank statements and paycheck stubs at first, but I can see why he needs to see it.  Words are just words, ain&#x27;t nothing but words coming out of people&#x27;s rotten mouths.  Proof is golden evidence.  Nothing beats proof.  If a player claims he&#x27;s a big time shot caller, big time player that&#x27;s big time this and that shit, and he refuse to show his bank statements and paycheck stubs, then obviously he&#x27;s a big bullshitter.  Gotta have something to back that ass up cause running their mouths ain&#x27;t shit.

RickT33 · Answer

[Quote: Originally Posted by mikeslg]  &#xD;&#xA;I&#x27;ve been on both sides of this and would laugh if someone asked to see my paycheck stub or bank statement. I do agree you have to know your customer so I see your point. Does no one any good to let people get in over their heads. Sometimes its hard to tell what that really is. Grown man in his 30-40&#x27;s can&#x27;t get 5-10 grand if he lost it? Tough to judge sometimes.  [/Quote]Speaking of this, my friend uses the same bookie I use too.  This one time my bookie told me he was introduced a new potential client by my friend.  So he met up with him and that new guy requested $10,000 a week of credit to play on his website.  My bookie asked for his bank statements and paycheck stubs and that new guy said no way.  A week later, that new guy gave him copies of his bank statements and paycheck stubs.  So he works at Target as a cashier, and only makes around $2,200 a month.  What a fucking joke!  My bookie laughed and asked him how the hell can he pay $10,000 a week if he lose?  And that dumb guy said he always win, he never lose.  RIGHT!!!!!  What a fucking douche bag loser.  My bookie just told him to go away, he&#x27;s not interested to even give him $500 - $1000 a week of credit.

How much late fee does your bookie charges you?

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