Neteller 8.9% fee??

Kruser6 · Apr 1, 2005

They charge you 8.9% to transfer money? That is ridiculous! What are your guy's best found/cheapest ways of transfering money? Is Western Union any cheaper? That would take up most of the 10% sign-up bonus I would be receiving anyways!!!

Noreaga+ · Apr 1, 2005

8.9 is only on the insta-cash deposit

peteep · Apr 1, 2005

That is only if you are doing an instacash transfer. Their normal eft option is free of charge, the money will be available in 4-5 bus days. Some books will cover the 8.9% instacash fee when you deposit at their website. What book are you looking at depositing with?

Kruser6 · Apr 1, 2005

Pinnacle or Hollywood

OMNIVOROUS FROG · Apr 1, 2005

My eft's are never more than 3 bus. The insta cash should have it's name changed to insta scam. The books grease this machine, the only fee you should ever pay is the $11. fed ex cc. A very good value. If you prefer that to EFT. ...

Happy Trails...OF :icon_conf

peteep · Apr 1, 2005

Kruser6 said:
Pinnacle or Hollywood

Pinnacle will cover 3.9% of the fee (your cost is 5%). Not sure about Hollywood, but I would give them a call to see. I hate paying those fees and will always do the regular eft unless the book covers all the fee. You may be looking to have action this weekend though which gives you less choice. Some books I know cover the full 8.9%:

WWTS
DSI
Royal

Fishhead · Apr 1, 2005

Correct, only use Instacash in emergency situations.

Send EFT for FREE and just WIN BABY, then make the majority of your withdrawls and deposits for free.

Fishhead · Apr 1, 2005

A better route to use than INSTACASH would be just to simply withdraw your money from your bank and seed WU............as the majority of books reinburse WU fees.

-F-

Kruser6 · Apr 1, 2005

DAMMIT!! I didnt realize that EFT and INstacash were the same things! Ahaha, well that was a waste of perfectly good money! No I didnt need it in thier instantly, just didnt read past the insta-cash option.

Thanks for all your help guys, I wont be making that mistake again. Just trying to open a few accounts to get more options for lines.

Thanks again.

OMNIVOROUS FROG · Apr 1, 2005

They are not the same things. EFT is an electronic fund transfer. In and out of Neteller to your bank, for free. That is a good thing. Insta cash is a 8.9% rip off of your own money. It is for people who do not know better, or cannot wait. That is a bad thing. At least you know better now. If you utilize the free Neteller withdrawals from your books you can really work a smaller bankroll. Hope we are all clear now.

Best Wishes...OF:howdy:

oldmanTED · Apr 1, 2005

The InstaCash feature is 8.9% when transferring from your bank account directly to Neteller. When transferring from books, the fee is sometimes free, like at WSEX. Pinnacle charges 5%. InstaCash is a great feature if you transfer to those books that absorb the transfer fee and it is free to you. There are other books that are free and have been listed in previous threads. Once you reach the maximum level of transfer you can request an even higher limit.

Illini · Apr 1, 2005

Skybook and Bet 365 are free instacash, too.

OMNIVOROUS FROG · Apr 1, 2005

I will give you one of my trade secrets. The best way to get your funds to Neteller, if you are in a hurry, is make a bank deposit, to them. Limit is 3 dimes. I would stick to $2500. You get their bank's info, it was B of A, and deposit cash, straight into their account. I had teller write cash transaction, or stamp it cash deposit. I would write my Neteller acc#, the bank's branch phone number and teller's name on the deposit receipt. All for verification. I fax this to Neteller. If funds are not there within 15 minutes, I call, and confirm receipt of fax. Very effective method, fast and free, with a little legwork. The site says 24 hours, I had down to 45 minutes, trip to bank included. Free tip from FROG.

Best Wishes...OF:howdy:

aceduecetrey · Apr 1, 2005

Contact BJ from Hollywood and I bet they will cover it for you.

RPM · Apr 1, 2005

i just wish neteller still worked in maryland.:sad3:

OMNIVOROUS FROG · Apr 1, 2005

RPM said:
i just wish neteller still worked in maryland.:sad3:

Please elaborate. I read it used to work from still. What happened?

Best Wishes...OF:howdy:

miked429 · Apr 1, 2005

all vip run books p/u all insta-cash fees.

Woody0 · Apr 1, 2005

OMNIVOROUS FROG said:
Please elaborate. I read it used to work from still. What happened?

I believe it ran afoul of the state's banking and/or money transfer regulations.

TheGeneral+ · Apr 2, 2005

I better have some real inside info on a game before I would use insta cash @ 8.9%. This game is a hard enough battle w/out throwing money away.

Jeffc · Apr 2, 2005

I can deposit and withdraw money for free using eft at books like WSEX and Bodog, why don't all books do this? I would love to use Pinnacle for baseball this year but being a small bettor I am not going to pay the 15.00 to withdraw money from pinnacle or to deposit money using neteller and have them take a percentage.