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#1
09-14-2006, 04:02 AM
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If credit card funding goes how much will this affect the masses?
does anyone have any idea what percentage of accounts at online sites are funded through credit card transactions. i've always used neteller so i've never really given it another thought but if the majority of people use credit cards to fund their accounts then this "watered down" version of the bill (if that is what the wash. post article is refering to)could be almost as devistating by ending the ability of monkies to fund their accounts.
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#2
09-14-2006, 09:23 AM
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Re: If credit card funding goes how much will this affect the masses?
[ QUOTE ]
does anyone have any idea what percentage of accounts at online sites are funded through credit card transactions. i've always used neteller so i've never really given it another thought but if the majority of people use credit cards to fund their accounts then this "watered down" version of the bill (if that is what the wash. post article is refering to)could be almost as devistating by ending the ability of monkies to fund their accounts. [/ QUOTE ] No, it wouldn't be devastating, as much as you arrogant "2+2 superstars" badmouth these fish, most of them are at least adequate in intelligence, they are just bad poker players If ONLY Credit Cards were banned, the fish and everyone else would have little trouble funding their accounts, it does not take a high rate of intelligence or lots of poker skill to open a Neteller account
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#3
09-14-2006, 09:55 AM
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Re: If credit card funding goes how much will this affect the masses?
Ya currently most credit card companies don't allow transactions to begin with. I would be surprised to learn of an company that allows it.
However, you can't trust anything you hear from the government or the media, so we must stay vigilant on this topic.
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#4
09-14-2006, 11:08 AM
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Re: If credit card funding goes how much will this affect the masses?
Plus any card room can remedy this by giving links to Neteller/Firepay when the credit card transaction is denied.
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#5
09-14-2006, 11:18 AM
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Re: If credit card funding goes how much will this affect the masses?
It is not a matter of "arrogance" by 2+2ers, it is more a matter of the following:
1. The undeniable stigma of online poker being called "illegal", regardless of the assumed narrow scope you ascribe to the prospective legislation. This will clearly lessen the game's attractiveness to new players. 2. The highly likely decision by banks to stop doing business with gaming in any form to avoid this "illegal" activity ... I am talking about a refusal to process transfers to/from Neteller/Firepay or anyone else who is seen as a "gaming" conduit .... Remember Paypal ? 3. The refusal to accept US player business by many sites, including all the publicly traded sites. The passage of many state laws, like Louisiana, will defintely chill the willingness of sites to court US business.
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#6
09-14-2006, 11:58 AM
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Re: If credit card funding goes how much will this affect the masses?
[ QUOTE ]
It is not a matter of "arrogance" by 2+2ers, it is more a matter of the following: 1. The undeniable stigma of online poker being called "illegal", regardless of the assumed narrow scope you ascribe to the prospective legislation. This will clearly lessen the game's attractiveness to new players. 2. The highly likely decision by banks to stop doing business with gaming in any form to avoid this "illegal" activity ... I am talking about a refusal to process transfers to/from Neteller/Firepay or anyone else who is seen as a "gaming" conduit .... Remember Paypal ? 3. The refusal to accept US player business by many sites, including all the publicly traded sites. The passage of many state laws, like Louisiana, will defintely chill the willingness of sites to court US business. [/ QUOTE ] He wasn't referring to internet poker becoming illegal. He was referring to just credit cards being banned. That is a far cry from internet poker being illegal. If credit cards being banned is the only thing that happens, we are in very good shape.
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#7
09-14-2006, 12:12 PM
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Re: If credit card funding goes how much will this affect the masses?
As Jussurreal pointed out, you completely misread my post, but I have issues with points #2 and #3 that you listed
#2 - "Highly likely decision" by banks, where have you read that it is highly likely for banks to stop processing these, Paypal made a choice not to deal with Internet gambling companies, Neteller and Firepay have yet to do so, Blocking these transactions would force banks to redo the way they do ALL online transactions, it would cost banks a fortune #3 - The only sites to block US player businesses thus far are the ones with VERY STRONG European customer bases and BOS (totally different story), Party Poker, Pokerstars, etc, etc, would lose far too much by taking this route, they'd likely ignore the new legislation as their is litle the US government can do to stop/punish them Sportsbook.com is still taking bets despite the fact that one of their chairs was recently detained, pretty good sign if you ask me
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#8
09-14-2006, 12:35 PM
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Re: If credit card funding goes how much will this affect the masses?
2 years ago when i made my first account at party my visa debit card wouldnt allow it and links to several ewallets were provided
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#9
09-14-2006, 02:37 PM
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Re: If credit card funding goes how much will this affect the masses?
[ QUOTE ]
2 years ago when i made my first account at party my visa debit card wouldnt allow it and links to several ewallets were provided [/ QUOTE ] You better hope the staff researchers from Goodlatte's office and other like-minded offices never see this thread.
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