| SBR Top-Rated Sportsbooks Recommended Books | ||
| 1. Pinnacle Sports | SBR Rating A+ | Pinnacle Sports Review |
| 2. The Greek Sports Book | SBR Rating A+ | The Greek Review |
| 3. BookMaker | SBR Rating A+ | BookMaker Review |
| 4. BetJamaica | SBR Rating A+ | BetJamaica Review |
| 5. LegendZ Sports | SBR Rating A+ | LegendZ Review |
| SBR Posters' Poll - March 2009 View Complete Results | ||
| 1. BetJamaica | 251 total points | BetJamaica Review |
| 2. The Greek Sports Book | 217 total points | The Greek Review |
| 3. 5Dimes | 181 total points | 5Dimes Review |
| 4. Matchbook | 159 total points | Matchbook Review |
| 5. Pinnacle Sports | 148 total points | Pinnacle Sports Review |
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#1 | ||||
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How about opening a bank account with a bank outside the US? This way we could deposit with a MC or Visa. We could then deposit and withdraw because all books accept these forms of payment and withdrawals. I don't know if this would work but maybe its worth a try.
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#2 | ||||
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PM jjgold
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#3 | |||||
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#4 | ||||
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Regardless of whether or not the account reaches $10,000, it has to be reported once a year on your tax forms.
But who cares. It is not illegal to have a foreign account. A lot of Americans have them. Just report it. Pay taxes on whatever interest you get. Don't think a foreign account will solve all your problems. A wire from a foreign bank to a sportsbook could go through the U.S. and get seized. Also, a lot of foreign banks may not want to do business with gamblers. The ewallets do not want to provide their services to residents of the U.S., regardless of the location of their bank accounts. And finally, it is not easy to open up a foreign account, the banks will be suspisious if a lot of money is coming in and out over and over again. Make sure to get the account in a country where online gaming by the citizens is legal, and then use the same methods of funding your gaming accounts as the locals. It would definitely help to get some type of residency in the country as well as the bank account so you can use the e-wallets. A method of obtaining a local IP address, when travelling back to the U.S., is also a must if you wish to use e-wallets, and websites, that do not want US residents. Last edited by louis; 02-25-2007 at 05:34 AM.. |
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#5 | ||||
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In my country is no problem for US residents to have BA
I would not be paranoid if some such wire goes thru US cleaning center, US still can not hold money from foreign citizens and how can they know who is from where? |
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#6 | |||||
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The only footnote here is that when you want to ship your profits back to the US you need to be doing business with a large bank. A small town bank will not convert your Euros to dollars but all major banks will. |
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#7 | ||||
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If the transaction is in Euros on both ends and going to a EuroZone Bank. The US does not even know about the transaction.
Most important, don't do transactions with companies that deal with Intermediate Banks. What I mean, although the final destination is in a Euro Account and outside of the US, some banks use an intermediate bank for the transaction. Last edited by Zerlinco; 02-25-2007 at 07:10 AM.. Reason: Correction on the start of a Sentence. |
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#8 | |||||
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The bank account would be opened in Mexico. I have some relatives over there. In Mexico there are many sportsbooks to bet with but have high juice. I was wondering if by obtaining the bank acct over there, would i be able to place the bets in the US or would i have to place them in Mexico? I would rather place them here in the US because it is sometimes a hassle going over there because of long lines coming back. You say a method of obtaining a local IP address, how could you get that? ![]() |
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#9 | ||||
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I don't think I would trust Mexican banking. The country is too corrupt. What can you do if your account is "taxed"? Or if it just diappears?
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#10 | ||||
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The US has already seized one person's wire going from Britain to a sportsbook in Costa Rica. If you all want you can search for the thread.
It would be very wise to not send a wire that goes through a U.S. bank, even if origination and destination are overseas. Dealing in Euros is one solution. There are some sportsbooks that insist on dealing in US Dollars. Not sure how the conversion works. Lucas, what country are you in, specifically? |
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#11 | ||||
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Czech republic, European Union.
I already helped to one poster from here to set account in bank, you need only passport and better is also driving licence. |
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#12 | ||||
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I can not imagine why anybody would want to do any banking in US dollars at this point in time. Even if you don't mind the occasional seizure, look at what is happening to the dollar.
Open an account in euros, pounds, can dollars, and just keep the money outside of the US. If you transfer Euros to neteller to a book, back to neteller and back to you, it never touches the US. Sean |
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#13 | ||||
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(8:00EST) Tampa
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Just not worth it, just stick to what is available and bet less
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#14 | ||||
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Why not worth it? It takes less than 30 minutes....
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#15 | ||||
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If it don't take any time then it just might be worth it. Just make sure you don't have more than $10,000 overseas and you will be fine.
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#16 | ||||
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There is no law against having $10,000+ in a bank overseas. You just must check that box on your IRS return. If you send a copy of your bank statement and pay your taxes, it is unlikely you'll be audited and if you are, who cares...
Sean |
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#17 | ||||
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increase your right as long as you pay interest that you have made you will be okay also.
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#18 | ||||
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(8:00EST) Tampa
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increaseodds what takes 15 minutes?
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Carib, 5 dimes, casablanca, atlas, cascade,.... many other books ony in USD What happens when you transfer from your neteller EURO account to your sportbook USD account? You have to pay a converison fee, too much |
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#20 | ||||
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Yeah, you pay a 1.9% conversion fee and generally get a 10-25% bonus. I'll take that any day over not being able to move money or having wires seized..
Sean |
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#21 | ||||
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Im confused, can i have a usa acct in euros???
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#22 | ||||
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Im wondering if your neteller acct is in EURO and the sportbook MERCAHNT account is in USD and you withdraw from your sportbook account, then who pays the conversion fee when the book transfers funds from their USD merchant account to your Euro neteller account?
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#23 | ||||
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If you play at a book that only accepts US dollars, you are going to pay a conversion fee when depositing. When withdrawing, the sportsbook is going to pay the fee.
This is based on posts I have read. I don't have first hand experience. Last edited by louis; 02-26-2007 at 10:10 PM.. |
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#24 | ||||
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We are talking about millions of dollars being seized and now we are worried about 1.9% conversion fees.
Most books offer a 10% or better reup... If they dont, I bet if you ask them to cover the 1.9% conversion and you are not depositing chump change, they will be more than happy to... Sean |
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#25 | ||||
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1.9% conversion fee is forever
reload bonus is 1-2 times It will be cheaper to send them cashiers check/money orders in USD by UPS/FedEX rather than pay the high conversion fee. Why do you want to pay the high conversion fee when you dont have to Which carrier is cheaper? FedEx or UPS? ![]() Last edited by Scorpion; 02-27-2007 at 01:25 PM.. |
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#26 | ||||
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Other than Pinnacle, I can not think of any other book where I have ever reupped and not gotten at least 10%.
Sean |
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#28 | ||||
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This is what he said:
"Went from UK through US and was supposed to end up in a 3rd country" I just guessed Costa Rica, sorry |
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#29 | ||||
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My experience with a GBP Neteller a/c and USD books is that you get hit with about 2.5% margin both ways with Neteller, and it's impossible to withdraw back to Neteller from some books (eg The Greek).
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