A light at the end of the tunnel???

Probably too good to be true.

"Online Casino Giant Offers Neteller Alternative"

Posted: Tue Jan 30, 2007 2:01 am Post subject: Online Casino Giant Offers Neteller Alternative

--------------------------------------------------------------------------------
Online casino and sportsbetting giant Bodog.com is to offer players in the US some welcome respite from the recent problems plaguing online gambling deposits.

Bodog.com has taken the lead in many new developments in the online gambling industry, and the introduction of NuCharge, an advanced and secure method to make deposits, is no exception.

Through NuCharge, an efficient way of making a credit card deposit into an electronic wallet, players can deposit money securely at Bodog.com's sportsbook, casino and poker cashier.

System users can simply buy prepaid long distance phone time from NuCharge in $100, $200 or $300 batches, which can be instantly substituted for an equal amount in eCash at Bodog.com.

NuCharge issues each customer with a PIN and control number. Players can access the NuCharge registration service via the Bodog.com cashier.

//www.casinotalkback.com/online-casino-giant-offers-neteller-alternative-vt4803.html

 

Thanks for the update.

Any bets on how long before Uncle Sam tries to arrest these guys?

 

bush is on it

he is currently figuring out how many more troops to send over to Iraq. The issue, we keep on losing more each day so he is completely confused. I'm sure this now be a higher priority.

 

More good news....

From USAToday:
"Still, the actions against BetOnSports and Neteller have left the online accounts of their U.S. customers frozen until legal issues are resolved."

"The truth is that the money is in limbo and the companies are not required to refund any money until a successful prosecution or settlement takes place," says Michael Tew, principal of gaming consultant CapitalHQ. "This could take years." Funds from other gambling sites are not tied up, Tew and others say.

http://www.usatoday.com/tech/news/2007-02-01-net-betting-crackdown_x.htm

 

I too have a pending EFT wiftdrawal at Neteller since 01/16/07. I hope we see the money, of course this reminds me why I don't trust playing online.

 

Withdrawls:

I played a roller coaster ride when THE BILL was passed.

I delayed a half day and angsted about delaying, to withdrawl all my money from on line accounts, except for some pennies.

Then with the 280 day implementation and word that the BIG sites were still going forward, I figured, get back in.

Well I made two deposits thru Neteller the day before they got busted. Those guys should have stayed out of US. Same mistake as the two origninal SPORTS BET guys. Couldn't just enjoy the islands and the umbrella drinks, had to come home.

Well both deposits made it to UBT, but only one cleared my bank, so far.
It was probably a matter of seconds before the FEDS froze everything at Neteller. So, while I empathize with Ken, I've got the use of some limbo money for quite a while yet. And, Ken won't even get interest on his $8,000.
At the same time, other recommended sites, Click2pay, etc, shut down everything right after the boys from Neteller were arrested

I've stated a couple times, elsewhere....that if you have the "right" credit card you can still directly deposit at UBT. And they are gauranteeing paper, mailed check to you for your withdrawl. What happens when you try to deposit that check is up for question. Except, as I also stated previously, elsewhere, UBT changed it's site designation to a non descript nom de plume.
As long as the UBT folks stay out of the US, it appears to me there is no way, or a very remote, lengthy sleuthing on the part of someone who really wants to get you, to track the deposits, or withdrawls as it now stands.

But with the "red flag" dollar amount reduced to, is it $5,000?. instead of the previous $10,000, trying to deposit a check over the limit into your bank account could bring you under scrutiny. Might have to ask UBT to do a kind of "rat hole" withdrawl with multiple $300 and $500 checks, which you space out over 90 days to deposit.

UBT still has a couple of good "overlays" And outstanding skill testing competition.

But, if it goes, my thoughts are the attraction the Oklahoma State Championship and WSOB and UBT live are generating, that they'll be enough live action to compensate.

 

Swog and monkey:

Clearly, the line is crossed by gambling on line. The government is saying it's illegal and is taking all necessary steps to stop it and prosecute those who engage in it. They made a "law" and dat's da law. Courts will sort it out, but in the meantime, in effect those of us engaging in on line gambling are breaking THE LAW. But, we law breakers, look at it as if it's speeding or toastie driven. Huh?

 

I don't gamble on line so I stay out of the discussions. I just want to remind the folks here of the old saying:

WHEN YOU PLAY WITH FIRE YOU ARE BOUND TO GET BURNED

Also keep in mind that once you get on the governments S*** LIST its forever. It's like the "Mouse Motel" i.e. a box with sticky paper in it. Once you check in you can't check out.

And an individual "transferring" money for you - wow, talk about a hot potato.

Food for thought.

 

Well, it's not quite over yet.....

I believe that the courts still have to deal with these issues. Prohibition proved very eloquently that the will of the people could overcome a government that tried to impose a higher morality standard (i.e. vs the rest of the world) on it's people.
The WTO has also ruled against the USA on certain issues dealing with internet gambling.
Who knows what the end game is going to be. My two cents says that the U.K. way will prevail. Legislate the rules and tax it like any other business.
Hopefully.....

 

Neteller has stopped Person 2 Person transfers for all US accounts. Now there is now way to get your money out.

 

It is always very dark before just before dawn......

Lot's of good stuff on today's BJ21.com newsletter.

"NETeller Trying to Work Out a Deal with the U.S. Department of Justice"

http://majorwager.com:80/index.cfm?page=27&show_column=414

"EU may challenge U.S. online gambling law"

http://news.yahoo.com/s/nm/20070130...9AF;_ylu=X3oDMTBjMHVqMTQ4BHNlYwN5bnN1YmNhdA--

"WTO slams U.S. Net-gambling ban"

http://news.zdnet.com:80/2100-9588_22-5658636.html

"Internet Gambling: New Processors Should be up by Next Week"

http://www.gambling911.com/Internet-Gambling-Payment-Processors-020107.html

"Research paints picture of 'average' online gambler "

Online gambling is still illegal in the United States, opposed mainly by the American Gaming Association, which represents brick-and-mortar casinos. But last July, the AGA softened its stance somewhat, supporting a year-long Congressional study to evaluate the impact of online gambling.


http://www.theglobeandmail.com/serv....gtgambling0131/TPStory/Technology/columnists

 

Don't apologize

This is a good topic for discussion. Remember you ASKED for comments:

In summation with I don't feel I've crossed a line at all. Why? I don't GAMBLE online. Seriously.

I consider what I do at Bet21.com a game of skill with a good dose of luck thrown in (ok for my play a LOT of luck) but I don't play BJ against the house on Bet21.com

To steal a few paragraphs from some "other site":

So If I, FGK42, could, I would open accounts whereever and whenever and continue to develop my BJ playing skills to the fullest extent on and whereever I can!

When it comes to this topic: There is no right, there is no wrong - there are only consequences!

that's my .50 on the subject!

 

On a Similiar Note/Matter:

Unless you've been locked on line all week into this weekend, you know this is Superbowl Weekend. Probably THE LARGEST BETTING Weekend of the year.

So there are laws and there are laws. In Indiana,"Bar" and "Club" folks have always had to look out for the "Vice Squad" or "Excise PO PO." No pull tabs. No dice cup games. No football boards, etc., yadda, yadda. Usually the first BAR/CLUB to get hit starts the phone tag to alert all the others that the "BOYS" are in town.

Well as of Thursday this week, except for the first location, which will receive a hefty fine and probation of it's liquor liscense, everyone else in My Little Town and across the great and Narrow state of Indiana has had to pull down all their Super Bowl Boards(if you don't know your numbers by now. TS: Hide their stamp machines, their pull tabs, their dice cups, their Electronic Machines that show cherries and such, no matter they are labled for "Entertainment ONLY.

And everyone will raise a glass with their favorite beverage and toast the efforts of the law enforcement community to keep every hamlet, town, city and Metropolis, (opps, only Indy maybe qualifies) in Indiana, safe from the "evils" of wanton wagering. And when the weekend is exausted EVERYONE will have at least six uninterrupted months of business as usual, until the next "surprise" raid is conducted.

Sad part of it all is the poor PO PO who have to work the Super Bowl weekend, ah, probably at triple time, to catch "one" in each town for the state revenue.

Indiana has legal Horse Racing. Legal "Charity" Bingo and Holdem. (talk about vig.) Seven to eight megacorporation "BOAT" casinos, it's own Lottery and subcategories, can you dig it? $20 scratch off tickets! (Gamble responsibly! New and better scratch offs every month.) And is part of the Powerball conglomerate.

Well, hell, as everyone knows the state's cut of that money goes for education and some other promised "things." Yet, somehow, education is under funded and the other things don't get done.

The Casino Association advertises it's monthy payroll and that it contributes over 2 Billion, yes 2 Billion, a year to da state. So, local bars and clubs, better not cut into dat take, hey.

And one more tangent, before the finale. The new Michigan, New Buffalo, Pokagon Band of the Potowatomis Casino, under construction,has come to terms with the Great State of Michigan to donate 47% of it's slot revenue to the state.

So long story short, (ha ha ha) what's good for the goose is only good for the goose when the goose grease is greasin the lead wheel. And the Gander can complain all it wants, but rather than a quack, quack, it sounds like a F***.F***.

AND. SO WHAT. "Me Worry" about whether I gamble on line or not, in disrespect of THE LAW.

GOOD FORTUNE ALL!

 

Here is one legal opinion I found ...there are many others but Im still having issues seeing well enough to easily search ...Some of this eye stuff is age related but it came suddenly enough and Im not all that old...lol to merit several exams and maybe some pre cataract stuff...no conclusive diagnosis yet...

Anyway...thanks for the concern....Ill be back playing soon enough even if I have to use a seeing eye dog trained in BJ tournaments...

Anyway heres the link...

http://cardplayer.com/poker_law/article/1446

 

Here are two quotes from that legal opinion that I found particularly interesting :

1 - "Some Online Sites Are Overreacting," says the legal expert.

"I am surprised to see some online sites overreacting and posturing as if they will pull out of the market. Any company that just pulls out of the market deserves to lose a lot of money because it is receiving bad legal advice. "

2 - "Since this new law does not change what is legal or illegal, the current hysteria is completely unfounded. This legislation attempts to make it more difficult to get money into a site. Besides a few wrinkles that will be the topic of another article, that’s about it.

The statute is primarily no big deal since poker players stopped using credit cards a few years ago and found other ways to get their money into their favorite gaming sites.

I am not saying there won’t be lawsuits construing the meaning of the statute, but ultimately, the statute will only be deemed to affect the method by which online sites are funded."

 

The FBI steps in...AAARRRGG

Feb 8, 2007.
"NETeller funds seized in U.S. gaming sting"
"Payment processor NETeller said on Thursday U.S. prosecutors had seized funds, stopping U.S. customers from accessing their money, the latest move in an online gaming sting."
"An industry source earlier told Reuters, "It's not NETeller stopping customers getting to their cash. It's the FBI.""

http://business.scotsman.com/latest.cfm?id=209352007

 

I don't know if anyone has seen this ( Mr. Bill) Frist video, so I posted it.

http://video.google.com/videoplay?docid=3245674771912269846&q=gambling+ban&hl=en

DRP