UIGEA Fallout! Don't Worry about the eWallets: Worry about the Network

[JPFisher55]

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3)nobody is paying that much attention to *withdrawals*, it's the deposits that the legislation focuses on (and ewallets, of course, get screwed by this.)


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Is it feasible to have withraw only ewallets? If they are targetting deposits, and are not concerned with withdraws, why couldn't a company only allow outgoing transfers from sites?

I know the market is smaller, but this service is needed. I think the sites need to be pursuing a safe conduit for withdraws. The way they are doing it now, allowing deposits then withdraws, and only allowing withdraw through a conduit after a deposit has been made through that conduit, is killing the liklihood of ever having a stable withdraw medium. I can live with not being able to move money between sites easily, but I cannot live without being able to get my money with any certainty.

Also, the sites would do well to work together to form some mechanism of transfering money between sites. They should be able to do this, though it would require working together in an intelligent way to enefit their customers, so that pretty much dooms the idea.

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Absolutely agree with this post. I hope that the major poker sites still accepting US players are working on something like this system.