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Old 10-05-2006, 05:52 PM
Performify Performify is offline
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Join Date: Aug 2004
Location: Sports Betting forum
Posts: 3,847
Default Re: Interesting Funding Idea from Sportsbook.com

if the ATM card signs on to any of the international processing networks, you could withdraw cash at any ATM anywhere (generally) for a usually-reasonable fee ($1 - $3 usually).

This would in fact be a perfect workaround for the sites. Open each player a discrete bank account, with a partner reputable foreign bank (Bank O' Scotland, for example) and issue the player an ATM card. Player can then withdraw funds at most any ATMs, and can likewise deposit there.

Not to mention the player probably gets an online site for Internet Banking where they can transfer money, etc - possibly even Billpay.

As I said in the ZeeJustin thread, and has been said many other times elsewhere by a lot of people: i think people are overreacting on the payment processing side of the house. Its really not going to be that hard for people to work around that aspect of this bill.
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