my worthless take of the current neteller situation

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  • goldengoat
    SBR MVP
    • 11-25-05
    • 3239

    #1
    my worthless take of the current neteller situation
    bodog no longer taking neteller deposits

    neither is sportsbook.com

    bodog says you can do a neteller withdrawal for now

    i think we are currently in the "being phased out process"

    which means people are not gonna be screwed out of any funds but just shoved into the direction they want the process to go

    i talked with neteller and they said the funds will be secure and you can make withdrawals as usual but it seems the deposits are gonna be cut from the looks of things which eventually will phase neteller out in a month or so
  • louis
    SBR Wise Guy
    • 09-23-06
    • 763

    #2
    Can still use neteller

    Neteller is still an option on Bodog's deposit screen.

    Neteller still allows deposits.

    Who knows what the future brings, but the future is not here today.
    Comment
    • Korchnoi
      SBR Sharp
      • 10-20-06
      • 406

      #3
      Originally posted by goldengoat
      bodog no longer taking neteller deposits

      neither is sportsbook.com

      bodog says you can do a neteller withdrawal for now

      i think we are currently in the "being phased out process"

      which means people are not gonna be screwed out of any funds but just shoved into the direction they want the process to go

      i talked with neteller and they said the funds will be secure and you can make withdrawals as usual but it seems the deposits are gonna be cut from the looks of things which eventually will phase neteller out in a month or so
      I agree with your outlook. Seems that the Govy isn't going to be conerned with transfers from books back to players, but the other way around is gonna be tough. Anyone think online funds will start to trade at a premium? Will people be willing to pay $110 to have $100 at WSEX, etc?
      Comment
      • goldengoat
        SBR MVP
        • 11-25-05
        • 3239

        #4
        you can try to deposit to bodog via neteller if you want but you'll not succeed if you are in the US

        maybe some books will take US deposit right now but I doubt for long
        Comment
        • EaglesPhan36
          SBR Aristocracy
          • 12-06-06
          • 71662

          #5
          Originally posted by Korchnoi
          I agree with your outlook. Seems that the Govy isn't going to be conerned with transfers from books back to players, but the other way around is gonna be tough. Anyone think online funds will start to trade at a premium? Will people be willing to pay $110 to have $100 at WSEX, etc?
          MY own opinion is that if you have to pay more than 10-15% of your deposit as a fee, most people would say screw it.
          Comment
          • louis
            SBR Wise Guy
            • 09-23-06
            • 763

            #6
            Only Instacash deposits have been discontinued

            According to Bodog, only instacash neteller deposits have been discontinued.

            You guys have to remember that neteller is a global company, and they are not going to steal the money of U.S. players, even if they decide to no longer serve the U.S. market. This would kill their reputation and put them out of business with everyone if they did this.

            It is safe to have money on deposit at neteller.
            Comment
            • Korchnoi
              SBR Sharp
              • 10-20-06
              • 406

              #7
              Originally posted by EaglesPhan36
              MY own opinion is that if you have to pay more than 10-15% of your deposit as a fee, most people would say screw it.
              Unless online gambling funds consistantly trade at a premium. If you have to pay $110 to someone for him to transfer you $100, you wouldn't mind so long as you can flip it back after gambling for a simliar premium.
              Comment
              • pags11
                SBR Posting Legend
                • 08-18-05
                • 12264

                #8
                this just sucks...
                Comment
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