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Old 10-06-2006, 11:59 PM
permafrost permafrost is offline
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Join Date: Aug 2005
Posts: 618
Default Re: The Safety of Our Funds

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The immediate concern for me is that either a site and/or Neteller will suddenly refuse to allow me to withdraw my funds in the name of the new legislation. For me to have sufficient lattitude regarding my number of tables and sometimes number of sites, I typically need at least 500 big bets total in the sites and Neteller combined and often as high as 1000 big bets. Although I realize that it is extremely unlikely that this money would be "stolen" from me, such an event would be catastrophic.



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I think this is exactly the type of concern that led to this whole exercise about gambling. The "sites" are not regulated or licensed and only have an unlawful presence in most if not all of the States, leaving you little or no recourse that I know of when something goes wrong. Not saying there is much risk but we don't know tomorrow's news.
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