Euro 2004: Gentlemen, place your bets!

[ChrisAW11]

Obviously, the most interesting game of the first few days will be England vs France. Anybody willing to bet a few Euros (or Pounds or Dollars) on it?

C'mon, you guys know that betting makes watching the games so much more interesting!

That would be a plain and simple team bet with fixed stakes - either France or England, goals don't matter.
Every loser of the bet would just send the divided amount of money to every winner (for an example €5 / 10 winners = 50 cents to every winner) by Paypal.

What do you think?

[yg60m]

mate if you sent 50 cents by Paypal you would pay twice for fees :wink:

[ChrisAW11]

Paypal Fees (http://www.paypal.com/cgi-bin/webscr?cmd=_display-fees-outside)
I don't know for sure, but it says Paypal is free for private accounts and that only business accounts get charged... Except for international payments (0.5%) and currency conversions (2.5%). Well, that's 3% in the worst case, 3% of €0.50 = ~2 cents.
I guess that would be worth it. :)

C'mon, don't you just want to bet €5 on England (so that you have some to cheer, regardless of how the game ends)? ;) ;)

[TT]

only business accounts get charged


Hehe and of course most of us have businness accounts indeed ;) Last time Yann sent me 1 €, I got like 0.60 cent... the smaller the amount, the bigger the charge as far as I saw.. and since in that case there would be business account, currency convertions, and international payment into the game...

[ChrisAW11]

Sounds about right for a business/premium account, they will charge you 35 cents on every payment you receive, regardless of how small it is, plus about 3%.
Damn, I just found out that even I have got a premium account ("me, PREMIUM? can't be"), since that's required for receiving credit card payments (smart bastards, aren't they?).

So has anyone got a different suggestion on how to get ridiculously small amounts of money sent to other european guys efficiently?