Online Gambling Deposit Methods Update January 20, 2007

We're being briefed on deposit and payout methods at various online gambling companies.

Many of you utilize PokerStars.com and we're being told that a payment processor by the name of ePassport is still available. 

Some information found on the Two Plus Two Poker Forums:

You can load from either a bank account or credit card. With credit cards, your funds are immediately available. With your bank, it takes 7 business days for funds to be available.

The $5 per $100 fee is for inital load and any eventual reloads from your bank account or CC. There is no fee assessed when you cash out from a poker site back to Epassporte. Wish it didn't have the fee, but if you are a winning player, it should only be a one time initial start up expense for the account.

Epassporte does not charge for EFT cash outs back to your checking account. If you want to cashout at ATM's, their Electron card is available for $35 per year. You load it from your regular account, and Epass charges $2 per ATM withdrawal.

As for whether Epassporte will continue to have EFT's available, they have one thing in their favor that Neteller never had. They are a prepaid Visa debit card, and marketed as such. In addition to personal accounts, they offer business acounts, gift cards, etc. It seems unlikely ACH's will start blocking EFT's to prepaid Visa card companies, as there are a large number of them, and prepaid cards are popular.

The old reliable Mastercard and Visa are working at Sportsbook.com (learn more here)   Credit cards are now the only payment method being offered by Sportsbook.com and they have one of the highest acceptance rates in the industry.  Sportsbook.com will be introducing new brands to the Gambling911.com website in the coming weeks, and they do feature a brand new online poker room.  Sportsbook.com is fully endorsed by Gambling911.com. 

Western Unions, a one time standard in the world of sports betting offshore, are now being utilized by the most unlikely of companies we are being told, including Bodog.com (learn more here).  While somewhat inconvenient and costly when large sums are sent out, WU are instant.  People used to be able to bet before the Western Union even hit their sports wagering accounts. 

Moneygram is suddenly becoming popular once more.  BetCRIS.com (learn more here) still has ATM Online and Western Unions. 

eHorse (learn more here) is using pony express.

Sorry, we had to lighten things up a bit. 

Sit tight, online gambling companies are working together to figure out ways to start processing once again using other methods.  There is one master plan that could blow everybody's socks off but we've been asked not to comment on it, and we won't.

It's business as usual at all the Euro books. 

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Christopher Costigan, Gambling911.com

Originally published January 20, 2007