3 ms·
Well in the pre-uigea days Neteller was the company winning th transfer market.. very similar to paypal except you could use them for poker sites. When the UIG
by eof 16y ago
Well in the pre-uigea days Neteller was the company winning th transfer market.. very similar to paypal except you could use them for poker sites.
When the UIGEA passed, neteller had all it's assests frozen.
This is common practice though.. poker players will have a huge chunk of their networth on poker sites. Keeping money online just made sense, that's where you would use it to make more money.
So I didn't get it locked up from a poker site itself (as far as I know no one lost money that way), but from the payment processor. Everyone got their money back, it was just a long time.
I had a couple months worth of living expenses (I was small time).. but others had dozens to hundreds of 1000's locked up.
- pavel_lishin 16y ago> neteller had all it's assests frozen. ... making it just as vulnerable as virtually anything, right? So... And until they exchange it, it's in a currency that's only recognized by a single "bank" - the Poker site - so in my mind (and this might just be me being insane) it's not really real. If I can't buy a sandwich or a beer with it, it doesn't feel like real cash.