Sun, 08 Jun 2008 19:56


Provides clients financial service and security. Nexum poker.

Many people are joining online sportsbook because aside from the entertainment that it provides, it is among the most interesting forms of gambling. Sportsbooking involves betting on different sports and races. Betting methods vary depending on the kind of sports and games. If the game is prestigious, there are a number of wagering options available for bettors. A person who will join a sportsbook is going to learn if he wins in the bet after the game or if the game has officially ended.

Sportsbooks today are so much different from the sports betting practices many years ago. Before, a person can only place his bets if he was at the venue of the event. But now that the Internet is being used widely, even if a bettor is miles away from the book, he can still join in sportsbooks. Online sportsbooks are famous because they can accommodate more people to bet. To avoid confusion and any forms of conflict, customers are advised to know the rules of sportsbooks prior to their placing of bets. Among the important things that customers need to understand is the payment solutions of online sportsbooks.

There are various ways a bettor can place his bets when joining online sportsbooks. Some enthusiasts choose to avail of money transfer services, like from Western Union to send their bets to the online sportbook companies. However, there are customers who prefer to have electronic checks (echecks) to transfer funds. When it comes to processing of echecks, there is only one company that sportsbook websites count on -- Nexum Financial.

What Is Nexum Financial?
Since the Internet plays an important role in betting, echecks are now used in different fields like in online sportsbook. Echecks are just the same as the paper checks. However, they are easily exchanged directly between parties. Echecks are also useful when conducting transactions in any part of the world.

Nexum Financial is the leading company that offers online payment processing services. It has been in the industry for more than five years now and more sportsbook websites work with the said firm because it is known to secure online payments. In online sportsbook, there are many bettors who use echecks, and Nexum is the company that they trust in making their payments or placing their bets. There are also sportsbook websites who transact with Nexum in giving the payouts of their players.

Aside from these, Nexum Financial is committed to provide its millions of clients from around the world with efficient, excellent, and secured services. To assure that Nexum is doing credible business, it complies with the rules and standards that the National Automated Clearing House Association (NACHA) sets.

How to Transact With Nexum?
If an online sportsbook client wants to transact with Nexum, he must have a US Bank account. People who do business with Nexum use checking accounts to process their echecks so they can bet online. Every transaction made with Nexum requires a client to pay for a processing fee of $2.00. This cost is added to the amount that the client requested.

How to Deposit Using Nexum Services?
Depositing money via Nexum Financial is made easy just like in UseMyBank so that online sportsbook bettors can conveniently place their bets. Bettors must go to the cashier page of their accounts in the website where they bet. Then, they must type their bank account number and  routing number in the spaces provided in the site. Lastly, clients must key-in the amount that they want to transfer to their accounts.

After the whole depositing process, Nexum is going to convert the details into an electronic item so that their customers can immediately use them.

How to Withdraw Payouts via Nexum?
Different sportsbook websites can have different rules in withdrawing payouts. Bettors should learn about the standards that sportbooks implement so they will not have a hard time claiming their winnings. It is also advisable to know the schedule of acquiring payouts. Some online sportsbook companies schedule the claiming of payouts that are sent through Nexum from Monday to Friday at 11am to 5pm EST.

Moreover, there are restrictions in the total amount of money that can be withdrawn. The minimum and maximum amounts for withdrawal are $25 and $1000, respectively. Bettors must also be informed that the withdrawals or winnings should have been Nexum-generated.

Does Nexum Secure Personal Information and Transactions?
When a client chooses to process his echecks with the help of Nexum Financial, he must apply first and provide the company with some important personal information. He should complete a form containing his birthdate, drivers license number, and the last four digits of his Social Security Number.

More people who bet on online sportsbook work with Nexum because it secures its clients' personal information. Aside from fast and reliable services that Nexum provides its clients, the company protects all the data that are disclosed to them. In addition, Nexum verifies the information that are given to them to protect its customers from fraud. It uses the latest security measures to store and send personal information. Nexum Financial also processes all its transactions using 128 bit encryption. The servers that the firm uses are approved by VeriSign, the pioneer in online security certification.

Nexum secures payments and money transfers using echecks. It guarantees its customers that all transactions are secured because the echecks Nexum processes are authenticated and have digital signatures. Because of the state-of-the-art technology that Nexum Financial uses, its transactions are done safely and promptly.

Does Nexum Financial Provides Fast Transactions?
It is important for a bettor to place his bets on time so that he can join an online sportsbook just before the game or race begins. Late payments are not accepted in sportsbook so it is necessary that bettors will get fast transactions. If a customer places his bets using the services of Nexum Financial, he is assured that his funds will reach the book on time. However, he must keep in mind that the said transaction will only reflect on his bank statement after several days.

What Happens to Insufficient Funds?
There are cases that the echecks of online sportsbook bettors are returned because they have insufficient funds. When this happens, Nexum Financial will immediately take action to help its clients resolve their problems. Nexum can try to recover the funds of their clients by resubmitting the echecks to their banks. But in other cases, Nexum is going to refer the client's debt to a collections agency.

Nexum does not only transact with its customers but it also pursues the possible actions to recover the echecks that are returned. Either a transaction conflict needs financial or legal actions, clients can be confident that Nexum will provide them with the appropriate and timely help.

Are There Limits in Transacting With Nexum?
If a client will do business with Nexum Financial for the first time, then he should know the limitations set by the company. New users are limited to process their echecks worth at a maximum of $250.00 every seven days. Established clients who place their bets in a sportsbook with Nexum are given increasing limits. So if a client wants to bet more, he must be a regular customer of Nexum Financial. Nexum values its clients by giving them more privileges in processing their echecks.