These days, one has to be very careful as to where they put their money, and what they do with it. Especially with online transactions due to new laws imposed such as the patriot act. If you are not careful and deposit your money with a less than scrupulous merchant you can find your money disappear, likewise if you use a large merchant and ‘forget’ to verify yourself.
Either way – looking after your online assets is not as easy as it once was. Today we’re going to look at some recommendations and work out some conclusions. We’re writing this story because we are aware that many people have problems with depositing money withdrawing money, and accessing it after it becomes ‘internet cash’. What is the point of playing an online sports book if you can’t get at your winnings?
So firstly – our first piece of advice. ALWAYS choose a reputable sports book. Don’t do a Google for "sports betting online" or something like that and click on the first one you see. Do your research, read some reviews. Make sure you know the following:
1. How to deposit money. What methods are available? Do they have a secure server? Do they use a well-known payment-processor? Do they have any specific policies? Is your country ‘allowed’?
2. How to withdraw money & how long it takes. What fees are involved? Do you need to verify any information?
3. How to contact support in-case of problems, Do they have a telephone number? where is their office located, do they have ‘instant chat’ (if-so try it)
You really need to check these out before you start to deposit any amount of cash with any online entity. I’ll be honest and say that a-lot of books will quite happily take your money if you deposit it and you can’t actually use the service. Should they pay it back? It was your mistake!
This has been a line I’ve heard a few times. So be wary of this and make sure you know the rules for the site you are using, as they are all too quick to turn them against you if you fall into problems.
When we deposit with an online book, we either use one of the large brands. Bet365, Betfair, or if we use a smaller one we ALWAYS try and use Neteller.
Neteller are one of the most prevalent payment processor for gambling sites and online books, as such the 
majority of reputable ones will be able to accept Neteller, although there may be some fees with withdrawal. It’s up to you to find this out, but normally these fees are nominal and they are well worth the added protection from an online payment-processor.
We’ve just scratched the surface here, but it should be enough to get you thinking. Soon we’re going to follow up with some Internet security advice to ensure that if you can have a relatively safe computer, even if you aren’t a PC Whiz kid.
Good luck!
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