What Is E-Wallet Express?

[jjgold]

I hear it mentioned a lot for money transfers

[zootiehead]

I tried it once. It sucks.

[SBR Lou]

************* is an option offered by books such as 5Dimes, Bookmaker/DSI, and Carib. A user must register his checking account with the eWallet and make an opening deposit of max $150, and then subsequently your limits are $750 on tier 1, $1500 tier 2, with the max being $4500.

The issue is they take nearly 10% coming and going, however, in my personal experience 5Dimes never ever cashes out back to them, they will send you a check so you really only pay the steep fees depositing with the eWallet. You can make a EFT deposit which will take 3-4 days to clear for a $10 fee instead, but most players like things instantly.

All in all, a payment option one really ought to just forgo unless they cut their fees in a huge way. As it stands beating that 10% coming (and potentially 10% going if a book actually will w/d back to them), plus beating the vig is absolutely ludicrous.

[jjgold]

Thanks guys

[treece]

What is an EFT deposit?

[SBR Lou]

What is an EFT deposit?

Sorry I just meant electronic funds transfer. Takes 3-4 days to clear.

[waco66]

I use the Interac email transfer...works great

[blix177]

I use it on a regular bases. Max deposit per transaction is $1000, while you can have a few transaction pending. So if you use the bank transfer it only cost 1%. Much cheaper than Moneygram or Western Union.