'All Things Neteller. (including a Poll).'.

Search

WIll Neteller ultimately stiff US account holders

  • YES

    Votes: 40 23.8%
  • NO

    Votes: 33 19.6%
  • will slowpay a good bit but will eventually pay out all

    Votes: 81 48.2%
  • only those who have a Neteller ATM card will get their money

    Votes: 14 8.3%

  • Total voters
    168

New member
Joined
Sep 21, 2004
Messages
134
Tokens
Mr. Smith said:
x files, BOS stiffed everyone. pinnacle is paying everyone. if Olympic went away, which isnt likely but is possible at some point, they would pay everyone too.

money is safer at olympic athan neteller at this time


Your money is no more safer in your neteller account than it is in Olympic's neteller account.
 

hangin' about
Joined
Aug 21, 2003
Messages
13,875
Tokens
Anti-liberal said:
You guys that have been evading your taxes and not declaring Neteller payouts...did you think you would get away with it forever because government resources were diverted to homeland security? Did threats of terrorism nicely work to your advantage in your tax-evasion model? Reap what you sow. I see a lot of nervous posters on here now.

Maybe you could wait a day or two to lecture the forum about tax evasion? I'm sure a lot of people are shitting their pants right now. Let's try to remember that every last one of us on this forum is a criminal according to your gov't, and save the lectures for a less hyprocritical moment.

K?
 

THINK OUTSIDE THE BOX.
Joined
Jul 23, 2006
Messages
15,353
Tokens
Anti-liberal said:
The bill overwhelmingly passed the House of Reps and was signed by both Dems and Repubs alike. I don't see how politicizing it and finer-pointing, especially at this point in the game, is constructive in any manner whatsoever. It's actually quite aggrevating to see.

It was signed by both b/c no one had a choice as it was snuck into the Port Security Bill in the middle of the night (slime balls).

Guys, please, can we stop the political BS? The time for that was last year when this bill was passed. We need to be giving each other advice and be working together right now to figure things out.
 

New member
Joined
Oct 24, 2005
Messages
1,808
Tokens
there are other ways we can withdraw, deposit like bank wire, instadebit, etc.
 

New member
Joined
Oct 24, 2005
Messages
1,808
Tokens
id only be shiiting my pants cuz neteller is a convenient way. taxes i know will be a non issue. i know someone whos been offshore for years and never had problems with taxes. the sportbooks dont even report your earnings to the government so i know thats a non issue.
 

Rx. Veteran
Joined
Apr 22, 2006
Messages
3,699
Tokens
Xpanda...it's a forum, and I'm going to say what I want, ok? My "lecture" was a response to someone's post...someone who wanted to discuss why they would divert resources to this case instead of homeland security.

Anyways...off to my massage. I'm going to try to forget this shit for 75 minutes. Enjoy....
 

LA Clippers Junkie
Joined
May 14, 2005
Messages
11,323
Tokens
dr03 said:
id only be shiiting my pants cuz neteller is a convenient way. taxes i know will be a non issue. i know someone whos been offshore for years and never had problems with taxes. the sportbooks dont even report your earnings to the government so i know thats a non issue.

I agree with the thinking players are ok. I doubt the government is going to go after a couple million people.

But what the sportsbooks report doesn't matter...the feds will get all of your info from Neteller. It is those transactions that would be the concern if you were worried the government would come after you (unless you were reporting every Neteller transaction).
 

New member
Joined
Sep 21, 2004
Messages
22
Tokens
dr03 said:
id only be shiiting my pants cuz neteller is a convenient way. taxes i know will be a non issue. i know someone whos been offshore for years and never had problems with taxes. the sportbooks dont even report your earnings to the government so i know thats a non issue.

But if the govt has access to Neteller records wont they ask questions ?
 

Member
Joined
Sep 29, 2005
Messages
4,675
Tokens
On a positive note I did a neteller EFT yesterday to my bank and it hit today. What a relief......
 

THINK OUTSIDE THE BOX.
Joined
Jul 23, 2006
Messages
15,353
Tokens
dr03 said:
why wouldn't neteller be working fine. everyone is equating these guys to neteller becuase they used to work there. they have been separated from neteller for awhile.

:lolBIG: Right, just like Kaplan and Carruthers were seperated from BOS too!

Maybe these guys saw the writing on the wall and tried to save the company so they got out.
 

hangin' about
Joined
Aug 21, 2003
Messages
13,875
Tokens
Anti-liberal said:
Xpanda...it's a forum, and I'm going to say what I want, ok?

Yes, luv. Free speech and all that.

When you come into a gambling message board ranting about tax evaders all up on your moral high horse, I'm going to call you on it.
 

New member
Joined
Oct 24, 2005
Messages
1,808
Tokens
who says the government will get access to neteller records. gov got access to BOS records when that ship went down and what came of that, nothing. they couldve got all the info they wanted on people from there. im telling you guys i'm personally not worried about anything, just sad that neteller might be gone soon.
 

New member
Joined
Sep 21, 2004
Messages
134
Tokens
D2bets said:
Huh? You lost me on that one. If the money is with WSEX it is with WSEX, not Neteller. WSEX may itself have some money in Neteller (that I am sure they would not eventually lose, but regardless...), but what does that have to do with their customers. I suppose WSEX (or any book) could stiff customers saying that they don't have the funds to pay because they lost big with Neteller, but that does not mean your funds are in the same position in a book vs. Neteller. That is a ridiculous statement IMO.

It not a ridiculous statement. WSEX should block all transfers into their book. As some books have already done. Everybook out there is trying to get their money out of neteller right now.

Believe me If they can't get their money out you are screwed.
 

New member
Joined
May 7, 2006
Messages
4,821
Tokens
First off, you would have to be a multi million dollar bettor for the government to do anything even if they had neteller's records... The government is not coming after every tom dick and harry. The government does not work like that. There are over 2000 online casinos and sportsbooks. The government has gone after WSEX, WTTS, Pinnacle, BOS, Neteller. They have not gone after JOe's book and they are definitely not going after Joe bettor.

Second, neteller has no reason to give the government any type of records. What is the government gonna do? Say, give us your records and then keep on sending money to the gambling sites...

In order for the UK to turn over banking records, the government must show reasonable cause of money laundering to support criminal activity. The UK and the rest of the world does not consider gambling as criminal activity. It is very very unlikely any banking records will be turned over.

What will most likely happen is neteller will volunteerily leave the US market and that is the end of it.

The government (ANd who ever is putting hundreds of millions behind this) are out to stop online gambling, not to waste money.

Sean
 

New member
Joined
Oct 24, 2005
Messages
1,808
Tokens
yea, one of the few times i agree with sean even though im still wary on him leaving the US.

gov aint coming for nobody, only thing that sucks is neteller leaving gaming market. will havre to find dif way instead
 

RX Prophet
Joined
Jul 23, 2006
Messages
1,217
Tokens
dr03 said:
who says the government will get access to neteller records. gov got access to BOS records when that ship went down and what came of that, nothing. they couldve got all the info they wanted on people from there. im telling you guys i'm personally not worried about anything, just sad that neteller might be gone soon.

Worst case scenario from this IMO is that Neteller goes away as an option for US players which we all expected was a strong probability at some point anyway. I'm more pissed off about the socio-political implications for our increasingly less free country than anything else (though I'm pissed off in a bi-partisan manner)....
 

New member
Joined
Oct 25, 2004
Messages
171
Tokens
Anyone disagree with Pinny's abrupt decision now? They knew exactly what was coming and as usual, were a step ahead. This is just the tip of the iceberg. It reminds me of the old d*tv days, only on a much lager scale. The battle cry was, "they can never stop us", until they did. Everyone be very careful.
 

hangin' about
Joined
Aug 21, 2003
Messages
13,875
Tokens
sean1 said:
Second, neteller has no reason to give the government any type of records. What is the government gonna do? Say, give us your records and then keep on sending money to the gambling sites...

In order for the UK to turn over banking records, the government must show reasonable cause of money laundering to support criminal activity. The UK and the rest of the world does not consider gambling as criminal activity. It is very very unlikely any banking records will be turned over.

They've been charged with money laundering, which is a criminal offense in both the US and the UK. So by treaty, the UK agrees to cooperate.

NETeller's books will be handed over.

That's a given.

What the DOJ does with the information is another matter.
 

RX Prophet
Joined
Jul 23, 2006
Messages
1,217
Tokens
zone136 said:
It not a ridiculous statement. WSEX should block all transfers into their book. As some books have already done. Everybook out there is trying to get their money out of neteller right now.

Believe me If they can't get their money out you are screwed.

Which books have blocked incoming Neteller transactions?
 

Forum statistics

Threads
1,119,858
Messages
13,574,161
Members
100,876
Latest member
kiemt5385
The RX is the sports betting industry's leading information portal for bonuses, picks, and sportsbook reviews. Find the best deals offered by a sportsbook in your state and browse our free picks section.FacebookTwitterInstagramContact Usforum@therx.com