
30th April 2003, 08:39 PM
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Member
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Join Date: Jan 1970
Location: Canberra
Posts: 730
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Are you talking about a fee that the bookmaker charges or a fee that the bank is charging you? Generally bookmakers charge a fee for credit card deposits but not withdrawals (although some dont charge any fees - William Hill is an example of this). If it is the bank then I am not sure - I was charged a fee a month ago by Westpac (Mastercard) for a deposit into an overseas bookmaker but have never been charged a fee for the same type of transaction with ANZ (Visa) - needless to say the ANZ account is getting all my business now.
If you are looking at arbitrage then you may find that a 1.5% deposit fee will just about wipe out any profit you will make so it may not even be worth the hastle.
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"Computers can do that????" - Homer Simpson
[ This Message was edited by: becareful on 2003-04-30 20:40 ]
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