sportSavant,
Sorry about your plight. But if you do a search, you will that this has been brought up on numerous occasions. The 4% fee is a way for them to recoup some of thier loses. Neteller only charges the books $30 per $2500 withdrawal. and for deposits its 3.9%
As long as you only sent vwager $2500 or less you have nothing to worry about. After your 30 days or 60 days is up, you simply request a full cashout. As per thier rules, they will send you $2500 back by neteller and the balance by check. But since you made 1 request, both the netller withdrawal and the fed ex will be free.
The problem arises when you send more than $2500 by neteller. For example lets say you sent $3000 by neteller. So now as per thier rules, you must withdraw $3000 by netller before you can request a check. But you can only withdraw $2500 a day by neteller. So you hvae to to first call and use your free withdrawal to withdraw $2500. Then the next day, you have to call again and request another $500 sent back to neteller for whihc they will charge you $20. And then you can request that the balance be sent by cjeck. And I forget the fees for fed ex. Guessing its between $30-$50. So that extra $500 you deposited will cost you close to $70 in withdrawal fee. So it probably wouldn't have been worth sending more than $2500, unless you were going to send closer to 5k, or 7500 ect
I see a lot of these threads being brought up every few months by different posters. Too many posters keep asking questions that have already been answered months ago. Either people aren't reading others posts, or many posters are suffering from short and/or long term memory loss. My advice to many of you, is post less and read more.
