Hypothetically, if all Neteller [accounts] were frozen tomorrow, how would this impact our funds on Tradesports? I know they say our funds are in a bank in Ireland, but surely some TS capital must be in Neteller…?
“cisco”:
[...] the worst would be if BANKS stopped you from cashing your check [...]
“Hangman” (a German trader, who came to TradeSports-InTrader after that a German financial bookmaker went South):
After Neteller has closed their doors for US customer the time is ripe to concentrate to new markets.
In a few weeks only a small number of US residents will be able to place bets outside the US territory. It would be of interest whether TS has an Masterplan for the survival of TradeSports/ Intrade? If the future is unclear it make[s] sense to drawing out the funds.
As you know, we have made very bad experiences with a [G]erman betting exchange.
An open letter from the management would be needed.
Why would TS keep assets in Neteller? I don’t think so…
I doubt you will ever have much problem cashing your checks…
I’m extremely wary of the viability of TradeSports without the U.S market (and sports!) That being said, I strongly believe your assets are safe (albeit unusable in TS).