Thread: Questions for professional

Some of us are familiar with online sports betting and bookmakers but most of us are familiar with MLM world. Why am I mentioning bookies and MLM? Because these two worlds are making millions money transactions every month. I wonder what payment systems use online bookmaker to make over million transactions in one month? Can Bryan use some similar system to pay us? Also, how big MLM companies are paying their members every month?

Originally Posted by kingtvrtko

Some of us are familiar with online sports betting and bookmakers but most of us are familiar with MLM world. Why am I mentioning bookies and MLM? Because these two worlds are making millions money transactions every month. I wonder what payment systems use online bookmaker to make over million transactions in one month? Can Bryan use some similar system to pay us? Also, how big MLM companies are paying their members every month?

Good point,

I often wondered the same thing. In fact, I am involved with arbitrage-sports and we use a debit card system for commissions and I have never had a problem in over a year of transfers. As to my bookmaker accounts, almost all of them use Netteller, so there are solutions as MC and Visa blocked US use of credit cards for gambling years ago.

This issue of payments by MLM companies is different situation. In Malaysia, there are no checks that can be sent to US, as example, other than the bank issued checks we were getting. MLM deals are mostly in countries where standard checks can be mailed. As a former owner of such a company, I sent checks out without a problem.

Good luck to all, Mike