Urgent--The need for INTRA TRANSERS between a wide group of books

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Problem is how does a new neteller build its reputation so that books will trust them with millions. Omega and window whatever both failed...


Paypal built its reputation away from gambling because it was x.com - a U.S. bank with FDIC backing first.

Neteller slowly built its reputation while paypal was still around.

It is nearly impossible for a new processor to open up shop with 100 books that trust it.

The only way I see this happening is if 10-20 of the big books get together and create a processor.

Likewise, if one respected owner (WSEX, Olympic, Pinny) opened a transfer system, it would obviously prosper.
 

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It is nearly impossible for a new processor to open up shop with 100 books that trust it

exactly... right now book to book transfers happen because the books that do this trust each other. why would they trust a 3rd party? especially when that 3rd party might be getting stiffed by 1/2 a dozen small books every month.
 

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across the street they are saying a transfer service is coming,we shall see: Some good news in the processing world for B2B and member transfers

<HR style="COLOR: #d6d8db" SIZE=1>In early February a processor will be announcing that it will be allowing book to book transfers from your e-wallet account. It will also allow transfers to other members of the e-wallet. The only way to fund the account will be via your sportsbook as a withdrawal option. There will be no charge by the e-wallet for this transfer. If there is a charge it will be the sportsbook charging the fee. There will be a 2% fee to the member to transfer to another sportsbook or member. There will be no withdrawal options from the account. It will simply be a conduit to allow the transfer of funds to and from members and sportsbooks. Players can expect to see most of the large books hooked with this system.

The lines now will be even more cloned than ever. As if they aren't right now, but it will just get worse. Can't even get a half off a number anymore offshore. Betting these days sucks period without a local.
 

WVU

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how much do you think it would cost to become a processor and actually do this? Assuming you were setup overseas
 

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