Friday, May 11, 2007
TradeSports is pleased to announce that starting next week, Members will have the facility to transfer funds between their TradeSports account and their account with Pinnacle Sports, should they have one. This new funding method will be simple and Free to use and will allow members to transfer funds between their accounts with TradeSports and other online Sportsbooks (more Sportsbooks will be added to the list in the coming weeks). If you have an account with Pinnacle Sports and would like to avail of this facility, please email help@tradesports.com with both your Tradesports username and your Pinnacle username.
The most bizarre statement from John Delaney I have ever read. What’s behind this TradeSports–Pinnacle relationship??? And how come this is presented as a one-way thing, not a bi-directional thing? Bizarre. Does this mean they have planned TradeSports’ death and they lay out an exit strategy for traders, or does it mean that TradeSports has been bought out by Pinnacle Sports, or will it be???
UPDATE: Chris Hibbert…
I don’t see why you say “And how come this is presented as a one-way thing, not a bi-directional thing?â€. The phrase used is “between X and Yâ€, not “from X to Y.†Between implies a bidirectional ability to me. It sounds to me like they are starting a new exchange, and they are the first two members. Being able to move money among several exchanges might get me to wager a little more. I can see why they would think it would be a positive step.
For the most part, Pinnacle doesn’t accept bets from the U.S. anymore…
This also puzzled me. Strange.
I don’t see why you say “And how come this is presented as a one-way thing, not a bi-directional thing?”. The phrase used is “between X and Y”, not “from X to Y.” Between implies a bidirectional ability to me. It sounds to me like they are starting a new exchange, and they are the first two members. Being able to move money among several exchanges might get me to wager a little more. I can see why they would think it would be a positive step.