Why don't more books offer echeck?

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  • DT3
    SBR High Roller
    • 05-23-10
    • 144

    #1
    Why don't more books offer echeck?
    I see Matchbook got an echeck processor, why don't popular books like the The Greek and 5dimes get on board and add some better deposit options their customers can actually use.
  • Fishhead
    SBR Aristocracy
    • 08-11-05
    • 40179

    #2
    Matchbook leading the charge.........good to see.
    Comment
    • wrongturn
      SBR MVP
      • 06-06-06
      • 2228

      #3
      It is because checks can take more than two weeks to clear. Book don't want to risk for that long.
      Comment
      • sq764
        SBR MVP
        • 04-17-07
        • 1026

        #4
        very risky from what I understand.. Plus it holds payouts up as they can set long hold times to make sure the check clears
        Comment
        • siabdo23
          SBR Sharp
          • 12-02-09
          • 300

          #5
          every book should have it is easier to cashout directly to bank account
          Comment
          • pokernut9999
            SBR Posting Legend
            • 07-25-07
            • 12757

            #6
            Probably because it is against the law and easier to track .

            If bank gets caught all the funds will be siezed.
            Comment
            • playa420
              SBR Wise Guy
              • 03-09-08
              • 881

              #7
              echecks have been the smoothest way for me to deposit and withdrawal lately.It usualy only takes two days for for withdrawls and its free.Beted and Bookmaker have them
              Comment
              • DT3
                SBR High Roller
                • 05-23-10
                • 144

                #8
                Didn't know anyone else was offering this. I'm really surprised 5dimes and the Greek haven't implemented it yet
                Comment
                • Fishhead
                  SBR Aristocracy
                  • 08-11-05
                  • 40179

                  #9
                  Originally posted by pokernut9999
                  Probably because it is against the law and easier to track .

                  If bank gets caught all the funds will be siezed.

                  Someone comment on this, I refuse to......
                  Comment
                  • DMB40
                    SBR MVP
                    • 04-04-09
                    • 1258

                    #10
                    5dimes did it in the past and when they change all the laws around they stopped doing it
                    Comment
                    • LordVodka
                      SBR Hall of Famer
                      • 08-17-09
                      • 5206

                      #11
                      Am I safe in giving all my bank info to matchbook?
                      Comment
                      • Chuck74
                        SBR High Roller
                        • 05-13-10
                        • 200

                        #12
                        a pain in the ass, too much risk
                        Comment
                        • michael777
                          SBR MVP
                          • 09-20-05
                          • 1936

                          #13
                          very simple and safe,the best way to deposit in my opinion
                          Comment
                          • sq764
                            SBR MVP
                            • 04-17-07
                            • 1026

                            #14
                            pain in the ass to the book, sure... i dont get why they are stopping the ********* deposits
                            Comment
                            • pokernut9999
                              SBR Posting Legend
                              • 07-25-07
                              • 12757

                              #15
                              Originally posted by Fishhead
                              Someone comment on this, I refuse to......
                              What do you not understand ?

                              That his question was stupid or you do not believe the risk the book takes ?
                              Comment
                              • dynamite140
                                SBR MVP
                                • 07-05-08
                                • 4958

                                #16
                                I would like to know this as well.
                                Comment
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