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Reply To: Now Neteller says you cannot

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#730273
Anonymous
Inactive
bleuze wrote:
Don’t feel so bad. I read today on gambling911 that some pro poker champ (Isaac Haxton) got his winnings of $800,000 frozen in Neteller and is blaming the US government. Who the hell would leave that kind of money in an online money prosessor?

The answer to that question is a “pro poker champ”. There were many pro poker players who played online for very big stakes. Pro sports betters were another category of online player who bet very big money.

To take advantage of opportunities that come and go very quickly (for example, line movements on games), pro gamblers needed to keep money in an Ewallet like Neteller. There are times when a good bet only lasts minutes. In those cases, a skilled player needs to move money into an casino/poker room/sportsbook quickly.

800K is on the the high-end, but a balance that large isn’t unheard of.