[joshuadalton]

"We are pleased to announce the addition of MyWebATM, a brand new deposit option which provides a fast and easy method to fund your Full Tilt Poker account using your personal bank account. Once you have funded your MyWebATM account through their secure Web interface, you can access your funds online at Full Tilt Poker or at thousands of stores and ATMs worldwide.
We have worked to deliver this deposit option as quickly as possible, and are confident that MyWebATM provides the convenience our players expect and deserve. Withdrawals through MyWebATM will also be fast, easy and secure, and will also be available within the next few days.
We apologize for any inconvenience you have recently experienced, and want you to know that:

• Your money is completely safe and secure - Any money you have in your Full Tilt Poker account remains completely accessible.

• We're adding even more new payment processors who are committed to the U.S. market - We are establishing relationships with a variety of companies who will offer even more convenient ways for you to deposit and withdraw funds from the site.

• Our processing speeds will return to normal - As we continue to add new payment options, all withdrawals will again be processed within our normal time frame of 48 hours or less.

Thank you for your patience and support during this time of transition, we look forward to seeing you at the table."

[littlebu]

I just signed on to post this. I FullTilt.

Originally Posted by joshuadalton

"We are pleased to announce the addition of MyWebATM, a brand new deposit option which provides a fast and easy method to fund your Full Tilt Poker account using your personal bank account. Once you have funded your MyWebATM account through their secure Web interface, you can access your funds online at Full Tilt Poker or at thousands of stores and ATMs worldwide.
We have worked to deliver this deposit option as quickly as possible, and are confident that MyWebATM provides the convenience our players expect and deserve. Withdrawals through MyWebATM will also be fast, easy and secure, and will also be available within the next few days.
We apologize for any inconvenience you have recently experienced, and want you to know that:

• Your money is completely safe and secure - Any money you have in your Full Tilt Poker account remains completely accessible.

• We're adding even more new payment processors who are committed to the U.S. market - We are establishing relationships with a variety of companies who will offer even more convenient ways for you to deposit and withdraw funds from the site.

• Our processing speeds will return to normal - As we continue to add new payment options, all withdrawals will again be processed within our normal time frame of 48 hours or less.

Thank you for your patience and support during this time of transition, we look forward to seeing you at the table."

[Savior17]

You should take a look at the "fine print" and the fees (although they are not too high at all). Company is in Panama (now the gov't will say that gambling $$ are going to drug lords), but you would have to submit to jurisdiction if there is a dispute in Van Nuys, CA. I guess a foreign co doing business in the US may need a domestic court for disputes, but that and doing business generally with US citizens subjects the company itself to US jurisdiction. This MAY (or may not) bother me. Although the focus appears to be on sportsbetting sites, how long will it take before the gov't takes "interest" in companies like this!? Also, they absolve themselves of a ton of liability.

I would take a look at 2+2 on this topic. I am not a computer/internet whiz, but it does not have the secure logo on the page and they ask for a ton of information and may do a credit check - WHY??. I would give it a little time before using this method.

Just my 2 pennies.

s

[TheMightyJim2k]

some 2p2 computer whiz kids showed that it is a secure website (if you look at the script or something) but it doesn't have the little lock logo.

I believe these guys are legit (my guess is FTP was checking them out for a couple of weeks to make sure they were safe and secure before getting them hooked up) but I am always leary about putting the info they are asking for on the web.

ssn
credit info
etc.

there are also some pretty steep fees ($3 a month to keep the account open, plus $2.50 atm transaction fee withdrawals, plus other fees when depositing to sites). Since I'm not planning on moving a lot of money on and off poker sites anytime soon, I'm going to stick with gift2go prepaid visa giftcards if I need to put money on, and check to withdrawal. I might set up epassporte in the future, but I want to make sure that they survive the DOJ's latest inquiries first.

I think FTP's hope in setting up mywebatm is that, like epassporte, they are only dealing with pokersites, and NOT sportsbooks. The thought right now is that the DOJ is primarily focusing on sportsbetting operations and not really poker, but neteller was the number one transfer method to offshore sportsbetting sites, so that is why they got taken down.

just what I know so far. thanks for posting op.

[joshuadalton]

Thanks for all of the good info Jim!!

I don't plan on using it just yet, but I thought it might be a step in the right direction, and I would hope that FT would not involve themselves with a shady operation.

As far as the gift2go cards are concerned, does FT or P* require that you withdraw via the method that you deposited? Or, can you just get a check cut no matter what?

Thanks again!!

[Seitz333]

I looked but I did not see any mention of being able to transfer money back to your checking account. I'm sure you can but all I could find was transferring to another card holder. And the fee's are a little high. I'll wait for another...

Chuck

[smoore]

epassporte sucks, IMO. It cost me $5 to transfer $55 from my visa to epassporte. It will cost $5 for every $100 if I use it to transfer back. I think epassporte charged me $5 to transfer that $50 to FTP but FTP reimbursed me for it.

yes, FTP.

Hopefully I'll never have to deposit again but if I do it'll be with a prepaid visa. I also intend to cash out via check when I cash out. This year is all about bankroll building though so I don't intend on cashing out unless I hit it big in the weekly guarantee or something.

[Diablo_Rojos]

Originally Posted by smoore

epassporte sucks, IMO. It cost me $5 to transfer $55 from my visa to epassporte. It will cost $5 for every $100 if I use it to transfer back. I think epassporte charged me $5 to transfer that $50 to FTP but FTP reimbursed me for it.

yes, FTP.

Hopefully I'll never have to deposit again but if I do it'll be with a prepaid visa. I also intend to cash out via check when I cash out. This year is all about bankroll building though so I don't intend on cashing out unless I hit it big in the weekly guarantee or something.

Smoore speaking of checks. Are US banks even accepting checks from sites like
UB FTP and P*?
I was considering the prepaid VISA myself and doing the cashout check thing

[smoore]

someone told me in FTP chat this morning that they are US and their bank is still accepting the deposits. I guess we'll see.

[TheMightyJim2k]

Originally Posted by Seitz333

I looked but I did not see any mention of being able to transfer money back to your checking account. I'm sure you can but all I could find was transferring to another card holder. And the fee's are a little high. I'll wait for another...

Chuck

can't withdraw to your checking account, but can withdraw to your mywebatm visa (phsyical card) and go and take out money at any ATM in the country. Then walk said $$$ to your local bank/ safe/ shoebox buried in the backyard.