I have never seen this type of deposit method

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  • wisky
    SBR Sharp
    • 11-04-09
    • 458

    #1
    I have never seen this type of deposit method
    IT WORKS LIKE THIS:
    1. Request that we get a hold on your credit card for a specific amount.
    2. This amount becomes your credit line.
    As holds freeze the requested amount for 5 business days, your credit remains for the same period after which you simply request that we get another hold.
    If you break even or win on a day's plays. your credit card is not charged. Your card is only charged if there is a net loss on your account after a day's plays.
    Of course, if you prefer, we also offer typical post-up accounts (money deposited in advance).
    We take the security of your private information very seriously. Since we started, and in over 10 years, there has not been one case of compromised personal information or improper use of credit card information.
  • topgame85
    SBR Posting Legend
    • 03-30-08
    • 12325

    #2
    No thanks
    Comment
    • raddle_snake
      Restricted User
      • 10-31-08
      • 283

      #3
      oh, i dont know that there is some books that accept credit card? coz in my books doesn't accept creditcard as payment.
      Comment
      • korbal29
        SBR Wise Guy
        • 10-25-09
        • 751

        #4
        which sportsbook is that and what happens if you win and wanna cashout?
        Comment
        • Peep
          SBR MVP
          • 06-23-08
          • 2295

          #5
          I think a Canadian only book does that. I didn't see any reason to play there when I checked out their offerings.

          Didn't mind the system though, beats having to put cash out up front and then having to worry about getting it back.
          Comment
          • wisky
            SBR Sharp
            • 11-04-09
            • 458

            #6
            Originally posted by raddle_snake
            oh, i dont know that there is some books that accept credit card? coz in my books doesn't accept creditcard as payment.
            They just out a hold on the card and if you win they do not charge the card.
            Comment
            • RickySteve
              Restricted User
              • 01-31-06
              • 3415

              #7
              No different than a regular credit card deposit.
              Comment
              • 316316
                SBR Sharp
                • 10-31-08
                • 395

                #8
                my bookie also does not accept credit card...
                Moneybookers and Neteller only...
                Comment
                • wisky
                  SBR Sharp
                  • 11-04-09
                  • 458

                  #9
                  Originally posted by RickySteve
                  No different than a regular credit card deposit.
                  No it's not

                  "If you break even or win on a day's plays. your credit card is not charged. Your card is only charged if there is a net loss on your account after a day's plays."
                  Comment
                  • jinkh82
                    SBR High Roller
                    • 03-26-09
                    • 174

                    #10
                    Yup that's right
                    Comment
                    • BigDaddy
                      SBR Hall of Famer
                      • 02-01-06
                      • 8378

                      #11
                      odd deposit method i would say
                      Comment
                      • Dunder
                        Restricted User
                        • 10-26-09
                        • 3345

                        #12
                        See the 10Bet Theft thread to see why this is not a good idea for the player.

                        Book gets authorisation code.
                        Player beats book.
                        Book reverses CC deposits
                        Book claims funds could not be debited and voids bets.
                        Comment
                        • Bill Dozer
                          www.twitter.com/BillDozer
                          • 07-12-05
                          • 10894

                          #13
                          This is ActionOnsports? It's probably something only a small book can get by doing. Many more transactions than taking one deposit and having more than one chance at the player's money.
                          Comment
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