Processor Question - Withdrawals & Deposits

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  • mockingboy
    SBR High Roller
    • 12-22-06
    • 162

    #1
    Processor Question - Withdrawals & Deposits
    Maybe I am ignorant to the business of off-shore books, but if the processors are so busy, i.e. processing a lot of transactions and making money from that, why do the sportsbooks not just open their own processors up or form a group (wsex,thegreek, etc.) that would invest in and operate a processor that is reliable for their business?

    These books all have no problems processing deposits from the United States but it seems when the time comes to withdraw, it takes forever. Open up a processor that works.
  • pico
    BARRELED IN @ SBR!
    • 04-05-07
    • 27321

    #2
    Originally posted by mockingboy
    Maybe I am ignorant to the business of off-shore books, but if the processors are so busy, i.e. processing a lot of transactions and making money from that, why do the sportsbooks not just open their own processors up or form a group (wsex,thegreek, etc.) that would invest in and operate a processor that is reliable for their business?

    These books all have no problems processing deposits from the United States but it seems when the time comes to withdraw, it takes forever. Open up a processor that works.
    all the top books has no problem processing withdraws outside the USA, and processing withdraws to USA right now is risky business. better to hire a company to do it than risking the fbi freeze all your accounts.
    Comment
    • WWTSblows
      SBR High Roller
      • 10-14-06
      • 161

      #3
      BetUS just found out exactly why they should stay away from actively working with a processor.

      I would rather the books I am with keep a hands-off approach. The marketplace will naturally come up with a solution.
      Comment
      • Bill Dozer
        www.twitter.com/BillDozer
        • 07-12-05
        • 10894

        #4
        The successful books are doing it with many small processors versus streamlining through a few large ones. Books are going to stay away from keeping their eggs in one basket where there is a bulleye.
        Comment
        • tblues2005
          SBR Hall of Famer
          • 07-30-06
          • 9235

          #5
          Bill Dozer,

          The ones that are being very smart on handling their business will get through this with no problem. They will find a way like I have said to get money deposited into your account, some of them already had this planned out. These people are very smart if there is a way they will find it.
          Comment
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