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Couldn't have said it better....but on the other hand, there are people out there that use them for convenience, and simply pay them off each month. I know Visa has it where you're not responsible for purchases rang up if your card is stolen. If you're using a checking account, well, tough luck.
Neteller is your best alternative. Definately the fastest when trying to cashout.
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I'll be out of the office for the most part until 11/14...Vegas, baby! |
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I've used a prepaid debit/credit card (MasterCard) for the past 2 years and never have been declined. It is by Netspend (www.netspend.com) and is backed by a land based bank in Texas. You can go to their website and enter your zip code to find funding locations. It actually helps me budget my gambling dollars since I have to fund it when I want to use it. I also cashout my winnings directly to the card since it works like a checking account for ACH transfers. For $9.95 a month you get unlimited transactions, which is cheaper than a lot of other funding options, and some options (such as funding using your PayPal account) are free.
It's great! |
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Thanks!! I used to use one of those prepaid cards that were available at CVS, etc, but they stopped allowing online gaming transactions about 3 months after I got the thing. Quite a ripoff actually, because you had to pay another $20 just to use it for that purpose.....even once they changed their T&C, you couldn't get a refund.
edit: errr....$9.95/month? Quite steep. Most others are $4.95/month. This also falls back on Neteller being better. 1. It's free, as most casinos eat the instacash charges, 2. Free to fund 3. Just as secure as using any other method. 4. It's the preferred method of most, if not all, online casinos 5. You can get a Neteller debit card and have access to your cash immediately once it hits your account.
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I'll be out of the office for the most part until 11/14...Vegas, baby! Last edited by winbig; 23rd November 2005 at 07:39 AM. |
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Neteller
I have one account at a casino that seriously discriminates against me using Neteller instead of my credit card (Reef Club). The WR is 50x if I have used Neteller, even if it isn't a deposit related bonus but a prize in the competitions! It's not other webwallets either, just Neteller - and I have never come across any reason why this should be if Neteller is supposed to be the preferred player in the industry. I also see the heated debate about Jupiter Club and Neteller, are they deliberate problems to stop it's use?
888.com also has this anti-Neteller term, of course it's coincidence, as in a recent thread of complaint about Reef Club they stated that they had no direct relationship with them other than Reef Club using their software. I have never been able to get 888.com working on my PC except for Blackjack - so I gave it up once I zeroed out and tried Reef Club, which worked! |
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I appreciate the replies, I dont have a problem covering my C/C balances each month but I was a Neteller victim of double billing a couple of years ago and not just once but 9 times and it took them 5 months to get my money back so I vowed to never use them again, I am from Canada and we have a online debit called USEMYBANK but they charge me their current exchange plus 4% and I have a hard time dealing with that so I like to use my C/C so I guess I will have to keep searching.
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To clarify the Netspend fees... $9.95 a month gives you unlimited transactions but it's just one option. The regular fee is $1.00 per debit transaction/purchase (but I use it quite a bit so going the monthly fee route is cheapest for me) so if you were only depositing once a month, it would be $1.00 which is pretty cheap (and no fee to cashout back to your account).
Some (such as myself) can't use Neteller for various reasons, so this card, along with Payspark, are my two options. Also, I prefer not having anything tied to my own personal bank account. Netspend doesn't require any credit check and isn't linked to any other of your personal finance accounts... which is my preference :-) The card is a debit card that also acts as a credit card so you can use it anywhere MasterCard is accepted.. that's a plus for me too. But to each his/her own as they say :-) p.s. it's only available in the US |
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Depends on your location. I know here in the states you can't signup for Neteller if you live in Maryland. Go figure...no idea why..
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I'll be out of the office for the most part until 11/14...Vegas, baby! |
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