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  #1  
Old 10-13-2006, 02:32 AM
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corpfan1 corpfan1 is offline
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Default Old fashioned way - send a cheque

What about simply sending a cheque to fund your account?

What makes this not be able to work...especially if the personal cheque is to Full Tilt Inc... or Party Inc. etc...?

No one is going to monitor that!

You might be thinking - what a hassle....but what if they sent you a prepaid envelope and all you had to do is drop a cheque in the mail...it might be slower...but it would make a point to the US government that there is NO WAY to prevent playing the game we love.

Just a thought...who knows!
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Old 10-13-2006, 02:53 AM
the27offsuit.com the27offsuit.com is offline
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It would work but people are used to instant gratification. What happens when you bust out ? have to wait 4-5 days for you check to get where its going to play again? It will work but i dont think most people will like this as it is too slow for todays people .
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Old 10-13-2006, 02:56 AM
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Quote:
Originally Posted by corpfan1
What about simply sending a cheque to fund your account?

What makes this not be able to work...especially if the personal cheque is to Full Tilt Inc... or Party Inc. etc...?

No one is going to monitor that!

You might be thinking - what a hassle....but what if they sent you a prepaid envelope and all you had to do is drop a cheque in the mail...it might be slower...but it would make a point to the US government that there is NO WAY to prevent playing the game we love.

Just a thought...who knows!
I think a lot of sites have this option, but nobody uses it because it takes so long. You would lose out on all those people that come home drunk and want to play. By the time that cheque gets there, they will be well sobered up

Im sure it will come down to some third party funneling of the money. Who knows...
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Old 10-13-2006, 03:38 AM
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A piece of paper check is really no different than an electronic check. All checks clear through federally controlled clearing houses (I forget the exact terminology). Here is a link to a good article which explains in simple terms the process of checks and how they move through the various financial networks.

It is my understanding that the only things that are processed are the routing #'s on the bottom of the check, the amount, and the receiving party. It would be a monumental and bankrupting task to identify the "payee" on the checks, and creat soem sort of blacklist or rejected payees. The system just isn't setup to handle it. The recent legislation that passed even made reference to the banking system being unable to adapt to the requirments of the new law, and the banking lobbyists spent a lot of time complaining (rightfully so) about the financial burden that would be placed on banks. I might be wrong but I believe I read that there is a provision in the new Anti-Gambling act that makes an exception for checks.

Someone please correct me if I misspoke.


Jason
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