Something needs to be done with the e-wallets (page 2)

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arctrading
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arctrading

Re: Something needs to be done with the e-wallets
« Reply #15 on: December 23, 2020, 02:06:38 PM »
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One of the best features of any e-wallet is the ability for P2P transactions. These could be easily vilified under collusion activity.

In addition, there is something else that raises questions. I am copying from their affiliate terms and conditions the following text:

Affiliate shall not, and shall ensure that Referred Customers do not perform any of the following activities:
(i) disparage or portray MuchBetter or its affiliates in any way that will have a detrimental impact to their reputation.

These can be found here: https://muchbetter.com/all/wp-content/uploads/sites/8/2020/02/Affiliate-TCs.pdf Have a look before they take it down.

Long story short, their affiliates must mute any negative comment. If for example, I post anything bad about Muchbetter in this forum, arbusers will have to ensure that I portray Muchbetter correctly. Just take a look at this forum and realise that arbusers allowed 100s if not 1000s of negative posts against Skrill, Neteller, and ecoPayz who are major sponsors. Now you can portray the affiliates that accepted these terms.

I m wondering if I am allowed to create a quick review here for Muchbetter, because my posts are lost within a thread and don't get the attention they deserve.

Muchbetter, Muchworse, or Moreofthesame?

Why not? i think this is beneficial for many people and you like to do your posts quite long and detailed so imo it would be beneficial for everyone :)
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arbusers
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arbusers

Re: Something needs to be done with the e-wallets
« Reply #16 on: December 23, 2020, 04:05:53 PM »
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@campeones,

You are a catapult, like always. And of course feel free to make this review, only allow me to choose the title for SEO purposes.
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Camma23
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Camma23

Re: Something needs to be done with the e-wallets
« Reply #17 on: December 23, 2020, 04:19:44 PM »
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One of the best features of any e-wallet is the ability for P2P transactions. These could be easily vilified under collusion activity.

In addition, there is something else that raises questions. I am copying from their affiliate terms and conditions the following text:

Affiliate shall not, and shall ensure that Referred Customers do not perform any of the following activities:
(i) disparage or portray MuchBetter or its affiliates in any way that will have a detrimental impact to their reputation.

These can be found here: https://muchbetter.com/all/wp-content/uploads/sites/8/2020/02/Affiliate-TCs.pdf Have a look before they take it down.

Long story short, their affiliates must mute any negative comment. If for example, I post anything bad about Muchbetter in this forum, arbusers will have to ensure that I portray Muchbetter correctly. Just take a look at this forum and realise that arbusers allowed 100s if not 1000s of negative posts against Skrill, Neteller, and ecoPayz who are major sponsors. Now you can portray the affiliates that accepted these terms.

I m wondering if I am allowed to create a quick review here for Muchbetter, because my posts are lost within a thread and don't get the attention they deserve.

Muchbetter, Muchworse, or Moreofthesame?

appreciate a lot your reviews, thanks. Anyway, I think we have't a big sample yet about these new e-wallet, so better give them more time to prove themselves. I hope more bookie will adopt them (and ecopayz as well)
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campeones
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Re: Something needs to be done with the e-wallets
« Reply #18 on: January 17, 2021, 04:20:03 PM »
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I am surprised people don't see what is obvious. PaySafe group is exiting the gambling markets.
All policies implemented by PaySafe since the new CEO took over, are trying to suck as more as capital as they can from their clients. Their fees during the pandemics were monumental. In the end the fees will be so high that after 5-10 transactions all capital within an account will be completely wiped out.
As arbusers reported here: https://arbusers.com/index.php?topic=7738.0 PaySafe is entering the US stock markets and they will have to report to SEC. Do you really expect any of their managers to take the responsibility for anything that could be understood as money laundering? In this business, absolutely anything could fall under this category.
It is a matter of time until we all receive a message informing us to withdraw all funds in a bank account.
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blackjack
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blackjack

Re: Something needs to be done with the e-wallets
« Reply #19 on: January 18, 2021, 09:53:03 AM »
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It is my opinion also, not to trust this company for some years now.
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Camma23
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Camma23

Re: Something needs to be done with the e-wallets
« Reply #20 on: January 18, 2021, 10:07:59 AM »
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I am surprised people don't see what is obvious. PaySafe group is exiting the gambling markets.
All policies implemented by PaySafe since the new CEO took over, are trying to suck as more as capital as they can from their clients. Their fees during the pandemics were monumental. In the end the fees will be so high that after 5-10 transactions all capital within an account will be completely wiped out.
As arbusers reported here: https://arbusers.com/index.php?topic=7738.0 PaySafe is entering the US stock markets and they will have to report to SEC. Do you really expect any of their managers to take the responsibility for anything that could be understood as money laundering? In this business, absolutely anything could fall under this category.
It is a matter of time until we all receive a message informing us to withdraw all funds in a bank account.

I completely agree with you, I’ve same thought since months now. I just hope ecoPayz will take their place soon and will be serious.
And let’s hope more  serious companies to come as well
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cortomaltese
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cortomaltese

Re: Something needs to be done with the e-wallets
« Reply #21 on: January 18, 2021, 05:49:58 PM »
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Nowadays having your hard earned money confiscated from payment processors (e-wallets, banks , e-banks etc) is becoming more common
than losing them from scamish bookmakers!
This is where we stand! Can you believe it? Just look at your right side of the page and check the recent activity posts , at least half of them is about
an issue people is having with payments!
Make no mistake this centralised  financial system is corrupt , is getting worst day by day and there's no coming back
Fortunately there's an alternative faster , cheaper , more fair , more reliable and trustless and that's called cryptocurrencies
« Last Edit: January 18, 2021, 05:51:48 PM by cortomaltese » Logged
arbusers
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Re: Something needs to be done with the e-wallets
« Reply #22 on: January 18, 2021, 07:47:01 PM »
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Fortunately there's an alternative faster , cheaper , more fair , more reliable and trustless and that's called cryptocurrencies

If we are talking about cryptos and gambling, allow me to predict this is going to be accepted only by sharp bookmakers, those we already have at our disposal.
The usual ''blood donors'' have absolutely no reason to accept cryptos, at least for the foreseeable future.
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cortomaltese
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cortomaltese

Re: Something needs to be done with the e-wallets
« Reply #23 on: January 18, 2021, 08:27:40 PM »
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Fortunately there's an alternative faster , cheaper , more fair , more reliable and trustless and that's called cryptocurrencies

If we are talking about cryptos and gambling, allow me to predict this is going to be accepted only by sharp bookmakers, those we already have at our disposal.
The usual ''blood donors'' have absolutely no reason to accept cryptos, at least for the foreseeable future.

Agreed eventhough there are already "softs" accepting cryptos outhere but very few of them can be relied upon. However i wasn't just talking about "cryptos and gambling" but generally about cryptos and traditional finance.
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Mtipster
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Mtipster

Re: Something needs to be done with the e-wallets
« Reply #24 on: January 18, 2021, 11:42:49 PM »
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How do you guys come up with those pessimistic predictions?

Clearly Paysafe intention with this latest move is milking the emerging US market. Even if they left gambling, Ecopayz and Muchbetter have grown enough to be suitable replacements.

Now, what easily could happen in the future (taking into account further regulations) is all of those wallets being forced to forbid P2P transfers completely.
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arbusers
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Re: Something needs to be done with the e-wallets
« Reply #25 on: January 19, 2021, 07:32:33 AM »
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Just look at your right side of the page and check the recent activity posts , at least half of them is about
an issue people is having with payments!

This is the unpleasant reality. We would love to see half of the posts speaking about bonuses, new bookmakers and exchanges, reducing fees, new techniques, etc. But let's face it guys. The smart betting industry is declining. It becomes very difficult for new people to jump in as older and well established smart bettors created (and they still create) barriers to entry.
One of the reasons why smart betting is declining, is the use of payment processors, who have to satisfy both communist style regulation, and τηειρ insatiable thirst for profit. A lethal combination.
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cigo
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cigo

Re: Something needs to be done with the e-wallets
« Reply #26 on: January 19, 2021, 08:06:29 AM »
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Just look at your right side of the page and check the recent activity posts , at least half of them is about
an issue people is having with payments!

This is the unpleasant reality. We would love to see half of the posts speaking about bonuses, new bookmakers and exchanges, reducing fees, new techniques, etc. But let's face it guys. The smart betting industry is declining. It becomes very difficult for new people to jump in as older and well established smart bettors created (and they still create) barriers to entry.
One of the reasons why smart betting is declining, is the use of payment processors, who have to satisfy both communist style regulation, and τηειρ insatiable thirst for profit. A lethal combination.

Can you tell how what is the drop in percentage of buying alert services, and ewoelts open thru your affiliate link in last year...For example i dont tach eweolets for more than a year
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campeones
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campeones

Re: Something needs to be done with the e-wallets
« Reply #27 on: January 19, 2021, 08:22:47 AM »
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Ecopayz and Muchbetter have grown enough to be suitable replacements.

I am sorry, but you are wrong with this assumption.
EcoPayz is just a supplementary e-wallet. It is around for quite some time, maybe 3-4 years, but so far they were unable to integrate to the market. There is no Bet365 deposit option, and more or less they have the same policies like PaySafe.
As for Muchbetter, words are never enough. Read my following posts and have your own conclusions.
https://arbusers.com/index.php?topic=7735.msg81109#msg81109
https://arbusers.com/index.php?topic=7735.msg81091#msg81091
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