Pinnacle Question

[Chip_Lead26]

I am somewhat of a newbie to the sports betting world and have always used the sportsbook, however with the arrest of one of their head honchos and the positive Pinnacle feedback, I think I'm going to make the switch.

My question is, what are the withdrawal requirements at Pinnacle for Neteller? Is it easy and painless or do you have send in ID, gas bills, and birth certificates?

Thanks in advance.

[Levarkin]

I didn't send a thing. In and out, no documentation. Limit of one withdrawal per month unless you want to pay though.

[sygamel]

As of last season it was 1 free withdrawal per month of an amount of $500 or greater.

[DeliciousBass]

[ QUOTE ]
As of last season it was 1 free withdrawal per month of an amount of $500 or greater.

[/ QUOTE ]

No minimum anymore. Cash $10 if you want.

[Performify]

Pinnacle is probably the easiest book to get money in and out of, in my experience. They'll ACH it right in / out of your checking account, no Neteller even required.

[silentbob]

[ QUOTE ]
Pinnacle is probably the easiest book to get money in and out of, in my experience. They'll ACH it right in / out of your checking account, no Neteller even required.

[/ QUOTE ]
Is it obvious to the bank that Pinnacle is making the ACH withdrawal, or is the name "masked" to some extent so that post-UIGEA, you can still make deposits to Pinnacle this way?

[NajdorfDefense]

[ QUOTE ]
Pinnacle is probably the easiest book to get money in and out of, in my experience. They'll ACH it right in / out of your checking account, no Neteller even required.

[/ QUOTE ]

I've been using Neteller for them instead, what do I have to do to set up ACH there?

[Performify]

Naj: Pinnacle calls it "Electronic Check Deposit". Its the default option in the cashier now.

SilentBob: UIGEA won't go in to effect on the bank side for 270+ days. Not to mention, there is no indication yet as to whether UIGEA will directly affect ACH transactions or not.

[NajdorfDefense]

[ QUOTE ]
Naj: Pinnacle calls it "Electronic Check Deposit". Its the default option in the cashier now.

SilentBob: UIGEA won't go in to effect on the bank side for 270+ days. Not to mention, there is no indication yet as to whether UIGEA will directly affect ACH transactions or not.

[/ QUOTE ]

What are the fees - is it free?

[Performify]

Its free.

From Pinny's FAQ:

6. Instant E-Checks - Available for USD and CAD Accounts Only:

Instant E-Checks is a fast and secure way to transfer funds directly form your USD or CAD personal bank account to your Pinnacle Sports' account. The only requirement is an address and valid checking account in Canada or the United States. Deposits using Instant E-Checks are accepted without charge by Pinnacle Sports. The initial deposit limit for E-Checks is $500 USD per day and $2,000 USD per week. After 60 days, account limits are reviewed and may be increased to $1,500 USD per day and $5,000 USD per week. After 180 days, limits are again reviewed and may be increased to the maximum of $3,000 USD per day and $10,000 per week. CAD deposit amounts are calculated daily using www.oanda.com. All limits are based on 24 hour periods. For information on possible bank charges, please contact your bank directly. Pinnacle Sports does not cover bank fees for E-Check deposits.

PLEASE NOTE: A hold is placed on all funds sent via E-Checks, and all winnings, until Pinnacle Sports receives confirmation all E-Check deposits have cleared. Payout requests cannot be processed until funds have cleared for all deposits made in your account using E-Checks. For your planning purposes, it normally takes 10 banking days to clear the first E-Check deposit and seven days for subsequent deposits. These are guidelines only as the timeframe to clear your E-Check may be longer