Neteller's new terms an conditions......

[Illini]

So, if a drug dealer pays taxes, nothing else to be concerned about?

Paying taxes is not what Id be concerned about using netteller.

Until all this gambling laws get finalized, I prefer using other methods.

Other than taxes, what would a gambler have to worry about? Even if the DOJ had access to records that showed a person made 1 million bets over the last 5 years, what are they going to do about it? Put a person in jail for wagering? I don't believe an otherwise law abiding citizen has anything to worry about if they break the law by placing wagers, assuming that Congress actually makes the act of wagering illegal. On the 1% chance of getting busted for "wagering," the bettor faces maybe a misdemeanor gambling charge and a $500 fine. So what? Taxes, now that is a different story, and a larger winner could get into some serious shit if they don't report the income.

 

[Andrewcm09]

Not just US customers

FWIW I wasn't asked to agree to any new T&C at Neteller today, maybe just US customers?

I am living in Mexico currently and just signed in today and the first screen was the new T&C. What exactly is changed in the new T&C? I didn't have the old one memorized.

 

[gamerecognizegame]

Ive never once used a credit card to fund an offshore account.

Have never used netteller...and dont plan to as long as reasonable alternatives are available.

Have posted many times here that solely relying on netteller is a paper trail most will be sorry they created.

Tick Tick Tick....

I dont understand how having a neteller paper trail from bank statements can implicate you in offshore gambling from a legal point of view. Neteller has other functions also. The only thing im worried about is if the US govt. says specifically that using neteller is illegal. Otherwise i see no way that having a neteller paper trail can be punishable so i will keep using it.

 

[mr.hand]

So lets say you make a withdrawal for like 4K from whatever book you are using and they send the check to your house and you go deposit into your bank, how can the bank question where and what the check is from??

Am I correct in saying that the only obstacle we have is finding new ways to fund our accounts rather than getting payouts from the books when we want/need one??

 

[THECLOSER]

this may be an elementary question...but, can you explain the "Fed-ex" method of funding your offshore account?

 

[Woody0]

FWIW I wasn't asked to agree to any new T&C at Neteller today, maybe just US customers?

Hmm, I was asked to agree and the page clearly shows Canada as my country.

I'm still trying to clarify the changes as 15.5 and 15.6 are in disageement with each other with 15.6 appearing to absolve them of negligence.

 

[PBRMeASAP]

So lets say you make a withdrawal for like 4K from whatever book you are using and they send the check to your house and you go deposit into your bank, how can the bank question where and what the check is from??

Am I correct in saying that the only obstacle we have is finding new ways to fund our accounts rather than getting payouts from the books when we want/need one??

As far as I can tell, you are absolutely correct. Most payouts by check come in the form of a cashiers check from some bank. There is no trace of gaming whatsoever. I'm sure there will be ways around this whole thing, if it ever materializes.