Why don't more shops use Neteller?

[AussieVamp2]

Ok, will work on the win plenty gradually

[WIT Sports]

Originally posted by FatBoy:
This has been discussed before. Neteller has a couple of apyment options w/the books. One is a 4% charge (how any book could choose this option is beyond me). The other is a flat $15 dollar fee. Some books will only allow you to withdraw up to the amount you deposited. The 2 books that do this are Goto and WWTS. This policy is no good!
Some books pass this fee along to us, some tack on an extra fee, some give 1 free withdrawal a month. Some are free altogether.

Here are the ones I know about;

Free
5 Dimes, Casablanca, Dunes, SOS, SportBet

1 Free/Month
Pinnacle, Las Palmas, Wit

$15 Fee
Top of the World, Wsex, Carib ($20), VIP

$30 fee
WWTS - plus above mentioned policy

4% Fee
Gameday

WIT does not charge our customers for the deposits or withdrawals thru Neteller. Our customers can withdrawal any amount they wish to, even if it exceeds the amount they deposited using Neteller. We wish that no one abuses this free service or our policy could change per customer. 1 FREE per month is not accurate, Free would be more accurate.
If you are a current customer and wish more information please contact our Customer Service Department at our new telephone number 1-800-416-4031 or for inquiries please contact 1-800-262-7857 at our Sales department.

WIT Sports “whatever it takes”

[Cons]

Can someone update the list of sportsbooks using Neteller regularly, along with the varying policies. FatBoy did a good job compiling that list, but more sportsbooks are bound to join.

[MISTY]

I STILL DON'T UNDERSTAND HOW A THIRD PARTY SYSTEM IS EASIER OR CHEAPER THAN A BANK WIRE. I MADE ARRANGEMENTS WITH MY BANK TO HANDLE THESE WITH JUST A PHONE CALL TO LET THEM KNOW WHICH BANK TO SEND IT TO, AND ITS DONE. ALL THE STORES I DO BUSINESS WITH PAY THE TRANSFER FEE BOTH WAYS. SIMPLE, EFFECTIVE, AND NO COST TO ME. misty

[randyrohm]

Misty, with Neteller you can draw funds from a book and send them to another book, over and over.

[MISTY]

RANDYROYM, CORRECT ME IF I'M WRONG, BUT I BELIEVE MOST BOOKS ARE IN THE BUSINESS OF BOOKMAKING AND DO NOT CARE FOR THE TURNOVER NOR THE COSTS THAT COME WITH FREQUENT TRANSFERS. I WOULD WELCOME A BOOKS RESPONSE TO THIS POINT. misty

[randyrohm]

As with any service there are those that will abuse it. The attractiveness of this system for many players will be that they no longer draw down funds from some book every week and have them sent home. This way they can even their balance at the different outs in much quicker time and without the funds making the trip to the good ole US of A. Books are in the buisness of writing action and Neteller will help them write more.

[sportshobby]

randyrohm, you're right. And there's the time factor, too. If I have funds ready in my Neteller account, I can send them to a sportsbook and have them available to me in less than an hour. A bank wire usualy takes a few days.

[underdog]

even better now with Olympic and Grand Central joining up with neteller. The more the better. I may have to close my offshore bank account!

[This message has been edited by underdog (edited 01-20-2001).]

[jinxbebe]

Does Neteller handle amounts of 10,000 and up?

If yes, do you advise it?

[This message has been edited by jinxbebe (edited 01-20-2001).]

[sportshobby]

I think the maximum is $5000, but some books impose smaller limits for withdrawals (superbook $2500).

[jinxbebe]

I still don't see no big advantages of neteller.

Only advantage I see, if you are transferring from one book to another and one of the books don't accept tranfers from the other sportsbook.

Also using neteller don't acomodate big transfers.