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Sportsbook Offers Instant Payment via Debit Card

Poster: SySAdmin
Posted on October 27, 2010 at 8:42:01 AM
Sportsbook Offers Instant Payment via Debit Card

TORONTO, Oct. 27 /PRNewswire/ - Las Vegas-style single-game sports betting is
here in North America, and possibly growing soon.

Governments long ago became the biggest bookmakers, making gambling part
of society with lotteries, horse betting, and land-based casinos. The
U.S.A. is essentially dead broke as billions of dollars in potential
tax revenue depart the country en route to offshore sportsbook
operations. There's a growing movement in the U.S. to legalize and tax
Internet gambling. States, including Delaware, Pennsylvania and New
Jersey have made gestures individually about legalizing sports betting.
Sooner or later, it will happen. But when it does, how far behind the
competition will the Government operated sportsbooks be?

With sports betting long been legalized in the UK - governments in
Canada already taking bets online and expanding their action soon -
some US states are lobbying for a piece of the action. Meanwhile,
offshore sportsbooks are searching for new ways to stay ahead of the
game.

One of the newest entries in the online betting space, Northbet.com, has introduced 'instant payouts' via your very own debit card.

While the norm for payouts from an offshore sportsbook has traditionally
been lengthy, Northbet's expectations are their new service will change all that. Northbet.com
is gambling on sports bettors having fast access to their money. With
instant gratification becoming more and more of a trademark in our
modern day society, the gamble might pay off.

So as the fast-paced modern day world makes the designation of
 immediacy more important than ever - the idea that losses are counted
in seconds, but winnings take forever to collect - is changing for
today's player. Northbet.com is one sports book that is hoping their
new concept will gain enough market share before big brother gets in on
the action.

The entire motive for the site's existence is based on the idea of
providing players with their cash -  fast. The site emerged earlier
this year, with the goal of satisfying the sports betting public with
an option that provides a same-day payment policy, ensuring that its
customers get paid on the same day they make a withdrawal request. They
upped that ante recently by providing a 'debit card' option that allows
for payouts in as little as 120 minutes.

As internet bookmakers, continue to improve and provide an impressive
array of features to their customers, it can only be a matter of time
before Governments seek their take of the billions of dollars in action
on sports worldwide. Betting estimates of 300 billion dollars a year
from Internet sports bets seem high. But they will be low soon, given
how the business of Internet gambling is expanding.

You can't get a hotel room in Vegas on Super Bowl weekend, or during
much of March Madness but with Northbet's new debit card there's less reason for the serious sports bettor to be
there. The money is one easy transaction away and it would simply take
a trip to the bank to get it.

.

SOURCE  Northbet

Northbet

CONTACT: <p>toll free: 1-888-749-2437</p>
 
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