What Will Affect of Neteller Freezing Shares Have?

Aces · 01-16-07, 03:45 AM

If you have a Neteller Debit Card load it up now. If you dont move your money to a very reputable book. I like CRIS but BoDog will do. I would not wait untill tomorow. Get your money secured and if this all blows over you can move it back to Neteller. I dont think Neteller would steal your money but there may be a run on the bank due to the hype.

Sam Odom · 01-16-07, 03:46 AM

Originally posted by Newguyintown

The effect of losing my Neteller funds would be a lifealtering catastrophe.

Not being a smartass but there's a lesson in that.

Ganchrow · 01-16-07, 03:46 AM

It's just a temporary trading halt. This is rather common when companies make public information likely to have an impact on the stock price.

I suspect that trading will resume later today or perhaps tomorrow.

Sam Odom · 01-16-07, 03:48 AM

Newguyintown, I agree w/Aces

U can only get so much cash out w/debit card. If I were u I would transfer my whole NT balance to WSEX

Sam Odom · 01-16-07, 03:50 AM

Ganchrow, I agree w/you almost 100% of the time but not here. The guy is talking about a "catastrophe" !

In his case I would rather have my $$$ with wsex than NT at the moment

Nismo · 01-16-07, 03:51 AM

I cant comment on the effect of the stock shares being froze, but chill out, no need to panic. Neteller money will still be safe even if they do disallow U.S. customers from depositing into and cashing out of online gambling sites. There would be a cashout phase. There are also plenty of other means to recieve funds from sportsbooks.

Aces · 01-16-07, 03:54 AM

Originally posted by Nismo

I cant comment on the effect of the stock shares being froze, but chill, out no need to panic. Neteller money will still be safe even if they do disallow U.S. customers from depositing into and cashing out of online gambling sites. There would be a cashout phase. There are also plenty of other means to recieve funds from sportsbooks.

Its that Cash Out Phase that might slow getting your money out thats what I was trying to help newguy avoid. NO DOUBT IN MY MIND NETELLER WILL NOT STEAL YOUR FUNDS.

Aces · 01-16-07, 03:57 AM

Newguy you will not be stuck in the books. They will cut you a check and overnight it to you.

Sam Odom · 01-16-07, 03:57 AM

Hypothetically, I said hypothetically, if NT froze all USA accts sportsbooks would have to wait to send players $$ that were deposited into the books via NT. I think I'm right? How many days I'm not sure.

Newguyintown · 01-16-07, 04:00 AM

Well I've already poured a ton now into WSEX and Greek. I could keep going. I'm a little worried that they'll scold me and charge me massive fees for withdrawing once again. This is a mess. Keeping talking guys!

NG

Dark Horse · 01-16-07, 04:01 AM

Money should be safe with A books. I'd rather have my money there than doing nothing at Neteller. And I'll have a foreign bank account in no time.

DrSlamm · 01-16-07, 04:02 AM

You guys realize that if neteller decided to fold any keep all of YOUR money that ALL OF THESE books would be totally ****** by neteller also.. neteller has their money too

Nismo · 01-16-07, 04:03 AM

Originally posted by Newguyintown

The effect of losing my Neteller funds would be a lifealtering catastrophe.

If thats the case your funds should probably under your mattress.

Dark Horse · 01-16-07, 04:04 AM

Originally posted by DrSlamm

You guys realize that if neteller decided to fold any keep all of YOUR money that ALL OF THESE books would be totally ****** by neteller also.. neteller has their money too

I doubt that books have a lot of money sitting at Neteller. (But I never checked if Neteller pays interest.) Any sportsbook holding customer money is going to put a large chunk of it in a bank to earn interest.

Aces · 01-16-07, 04:09 AM

Originally posted by Newguyintown

Well I've already poured a ton now into WSEX and Greek. I could keep going. I'm a little worried that they'll scold me and charge me massive fees for withdrawing once again. This is a mess. Keeping talking guys!

NG

With a Cashiers Check all you pay is the overnight fees unless your willing to wait a week or so then you pay nothing.

imgv94 · 01-16-07, 04:18 AM

Originally posted by DrSlamm

You guys realize that if neteller decided to fold any keep all of YOUR money that ALL OF THESE books would be totally ****** by neteller also.. neteller has their money too

pags11 · 01-16-07, 04:42 AM

this is just not good...

Dark Horse · 01-16-07, 05:07 AM

Really?

Completed final transaction from Neteller to book. I will have a new Neteller account, connected to a foreign bank, soon. Problem solved. Hey Bush, that all you got?

JoshW · 01-16-07, 11:11 AM

If you go the wsex oly dump route, you have to give them at least 1x action before you can withdraw.

bigloser · 01-16-07, 11:39 AM

To all those of you moving money to "The books". I think you are just kidding yourselves.
All you have done is move the money from NewGuy,Aces etc @ Neteller to Oly,WSEX etc @Neteller.
The money is still in the same place and subject to the same risks.

The books do not have your money, it is still with Neteller.

I have complete faith in the intentions of Olympic WSEX etc to pay. I am not sure how effective those intentions would be if a god chunk of their money was in a frozen Neteller account.