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Posted by: CallMeBaby at March 31, 2007, 9:53 pm

Topic: USE BODOG AT YOUR OWN RISK! Forum: Card Chat

Quote: Originally Posted by Devilpoker78

I think its instadebit that suffers the loss here if the 400 is gone cause they have already paid the site? Im just babbling here i dont know cause ive never done it that way.

I am not totally sure how funding works - but I believe the funding companies are providing the poker sites a service at a lot cheaper rate than credit card companies - so pokersites are beholding to them. If InstaDebit advances a deposit that is rejected by the bank, I don't think InstaDebit will take the whole loss - why should they? They are providing a service to the site so the client can play instantly. If NSFs were a common occurrence and InstaDebit WAS liable for the whole losses, then they would stop advancing money instantly. That would not be in the best interest of the poker site. They probably have some agreement with the pokersite as to how to recover the loss. The poker site is in the best position to recover the loss because sooner or later that individual or some household member may try to play there again - as per the original thread.

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