Re: UIGEA Fallout! Don\'t Worry about the eWallets: Worry about the Net
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This is of course all valid, but of much more concern are the ACH/EFT networks. As you know these networks are used by all the eWallets to move your money to and from the pokersites.
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While this may or may not currently be trie it certainly doesn't have to be the case.
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Furthermore, despite what you may have heard, it is actually extremely easy to monitor and block transactions to and from poker, or any gambling site.
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Easy or hard is debateable. Inordinately expensive is not. Small banks cannptcomfortably absorb these costs and even ahuge bank would have to reassess keeping free checking if they were forced to proactivey monitor every transaction.
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With the huge amount of money transactions done by any eWallet serving the pokersites that wallet sticks out like a sore thumb to the monitors and can easily be blocked from doing any financial transactions to and from the sites.
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I think you are probably an order or magnitude or two off both in how many overall financial transactions and how few poker related transactions go on daily. Presuming that the volume of poker transactions would be enough to throw a flag is at best specious and at worst wholly ignorant.
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