How is Neteller?

[chuckz]

Are they Ok? Do alot of books use neteller?

thanks
chuckz :confused:

[Dwayne]

I've only used them once. They were OK. I think it was free when I used it, but I think they charge a fee now, like Paypal. Anyway, it took about 40 minutes to get the money from my checking account to the book. Luckily, I'e been making more withdrawls than deposits lately!! :D

[chuckz]

Thanks Dwayne

[sportshobby]

I think they are the quickest and easiest way to deposit, withdraw, and transfer funds among most sportsbooks, so long as you're talking about amounts under $2500 (maximum NETeller transaction amount). There are probably 100 different books that use them now.

No fees for deposits typically, but some books charge a small fee for NETeller withdrawals (around $15).

[Dragon]

If the amount is more than $2500 do you just make multiple transfers? Or do they give you a hard time with that.

[Best Line Sports]

Best Line Sports www.bestlinesports.com accepts Net Teller and it is the easiest way to send $$$

[Unnamed Sources]

Originally posted by Dragon:
If the amount is more than $2500 do you just make multiple transfers? Or do they give you a hard time with that.

You can make multiple transfers, but if there is a fee ($15 for many books, but some books are more) you get charged multiple fees for multiple transfers.

Two books you definitely want to avoid making large Neteller transactions with:

Instant Action Sports:
Deposits are ok, but 4% fee on withdrawals. The fee is not listed on the site. I learned about this one the hard way, $200 fee on a $5000 withdrawal back in the good ol' days when the Neteller transfer limits were $5000.

SBG Global:
This was not my personal experience, but I read about it on another forum. 6% fee on DEPOSITS (?!) and 3% fee on withdrawals. There is no way to avoid the withdrawal fee, because they will not cut you a check until you reverse your funds through Neteller.

Other Neteller Dishonorable Mention:

WWTS, $30 fee

Goto, $25 fee

Heritage, rarely has funds on deposit with Neteller

Now for some HONERABLE Mention:

5 Dimes, no fee if you make your request Monday morning. $15 otherwise.

WIT, usually no fee. Not sure exactly how their policy works. Was charged my first fee ever last week, only $15 though. Perhaps you get one free withdrawal per week.

BTW, here is the post about SBG Global from Bigdan on the other site:

Last month I made a Neteller deposit to SBG global for $4000. I was charged 6% of my deposit with ended up costing me $240. Nowhere on the site does it mention a % charge. It just goes without saying if the sportsbook doesn't want to pick up the fee then the player will get charged the cost of the transfer with costs $15. The transfer limits were still $5000 at that time, so I was able to send the $4000 in one transaction. So basically they made a $225 profit off of me transfering money to them. I ended up giving them some action anyways because I had to get down on some games..anyways when it came time to cashout I now knew to ask about the payout fees. They told me Neteller would cost 3%, so instead of paying $170 with my balance at $8000, I requested a Fed Ex which only costs like $25. Wouldn't you know it I couldn't even do that. They said I HAD to withdrawl atleast the orginial $4000 back to my Neteller account. This costed me another $120. So bascially they said to me, we are going to steal another $105 from you.
I waited until now to post this because I wanted the check to clear first (nuff said). I just wanted to inform everyone to stay away from these thieves. All together I ended up paying $360 on two Neteller transfers that costed them $30. So I had $330 stolen from me by SBG Global.


[ 06-29-2001: Message edited by: Unnamed Sources ]

[ 06-29-2001: Message edited by: Unnamed Sources ]

[carp]

At GOTO the first withdrawal of each month is free.

[Dragon]

I don't understand why different books charge different amounts for neteller. You would think it would be the same across the board. How can a book justify charging more? There ought to be a list of books that take neteller, and what they charge. This way, maybe the ones that charge more than others will come down in price.

[sportshobby]

All these unstated, surprise fees really give NETeller a bad name. They should clearly list the fees to the player right on the NETeller site, and even show it before you confirm a transfer.