Interest on Account Deposits

[tanda]

How much value would you attach to being paid interest (at short-term market rates) on account deposits and/or how much does it bother you that the services make money off of your float?

[ceejay]

Well, with Money Market rates at 1.32% average today, I don't worry about interest on my account wagering deposits. I rarely have more $ in the account than I would take in cash to the track anyway. http://www.bankrate.com/brm/rate/mmmf_home.asp

[cj]

I'm the same way since it is very easy to transfer money with no fee attached into and out of accounts these days. I keep only the minumum I need for a couple days of racing in the account. The interest on it would be very mimimal.

[BillW]

I agree (interest not important). Maintaining the ease of cost-free transfer is highly important.

Bill

[Let It Ride.com]

The account wagering company we own, WatchandWager.com, in partnership with AmericaTAB allows for what we call EZMoney. You can move money in and out of your WAW account immediately.

Leaving the money in the account is at the players option.

[kenwoodallpromos]

I would only want to move money Out!! LOL!!

[Let It Ride.com]

You gotta put some in before taking it out, but for us it is comingled with the track pools so the more you win the better.