#401 ·
Walter Edwards said:You should register right away; it takes maybe 15 minutes tops to fill everything out. You just link a credit card or a bank account (you can do both, or even multiple). Everything runs through your email—which basically acts as your username—so make sure you use an email with a solid, secure password.
You’ll almost certainly have to send over some documents. It’s not just about raising your limits (the more "verified" you are, the higher your transfer limits go), but also because of their identity checks and anti-money laundering policies. You'll be scanning things like your ID, utility bills, or bank statements to prove who you are and where you live. They might even mail you a code to enter on the site to verify your address. Verifying your account or card is pretty straightforward too—for a bank account, you just need to deposit a little cash, and for a card, they might run a tiny charge of maybe $0.50–$5.00 or something, which you then report back. Just a heads-up: be careful there and wait a few days, since you have to enter the exact amount down to the cent, and banks sometimes tweak the numbers slightly due to currency conversions.
You get to pick from plenty of currencies. I’d suggest picking the one you already use for your betting accounts to avoid getting killed on conversion fees; it’s silly to pay twice (like, once from the bookie to your bank, and again from your bank to your account). It’s best to have the same currency across your bookies, your bank, and your main account (meaning a foreign currency account if you're dealing in USD). Someone else already mentioned the percentages above, but that really depends on how "active" you are and what you're using the account for (if you end up in a "commercial" account because you're selling goods or services to individuals, the fees jump up, but for just gaming purposes, it's not that bad). Whether it's a flat fee or a percentage depends on how you deposit or withdraw. Money hits your betting account instantly. When you withdraw from the bookie, it depends on the company—Pinnacle, Leonbets, or Fonbet are practically instant, maybe a few hours; US-based bookies take a day or two; B365, Expekt, and other Scandinavian sites vary, while Bwin can take anywhere from a few hours to five days. Moving money from the bookie back to your bank depends on how fast your bank moves, but usually a couple of days max.
Thanks 🙏
I'm using USD from my foreign currency account now, and I use USD at the bookies too, so there's zero conversion. 🙂