I'm a U.S. citizen. If I set up a bank account in Canada would that make getting the money from my sportsbook (Bookmaker) go more smoothly? Especially if it's $10,000.00 or more?
Thanks for your help.
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I'm a U.S. citizen. If I set up a bank account in Canada would that make getting the money from my sportsbook (Bookmaker) go more smoothly? Especially if it's $10,000.00 or more?
It's not going to do you any good unless you have a Canadian address. I have a friend who did it and used the address of another bank as his address and got away with that for a good year before they caught on. Suffice to say they closed his bank account and the sportsbook closed his account for fraud. He was using Betfair at the time. Good luck if you want to try it!!!
It's not going to do you any good unless you have a Canadian address. I have a friend who did it and used the address of another bank as his address and got away with that for a good year before they caught on. Suffice to say they closed his bank account and the sportsbook closed his account for fraud. He was using Betfair at the time. Good luck if you want to try it!!!
Thanks for your response, josbran. I wasn't thinking about trying to convince anyone (bank, casino, government) I am a Canadian citizen. I'm pretty sure even though I'm not Canadian I could go to Canada and start up a banking account. I guess what I'm wondering is do Canadian banks care as much as American banks do about accepting a transfer from an entity they suspect (or flat out know) is a sports book?
Thanks for your response, josbran. I wasn't thinking about trying to convince anyone (bank, casino, government) I am a Canadian citizen. I'm pretty sure even though I'm not Canadian I could go to Canada and start up a banking account. I guess what I'm wondering is do Canadian banks care as much as American banks do about accepting a transfer from an entity they suspect (or flat out know) is a sports book?
Sports betting in Canada is legal so you would have no problem using a bank transfer to and from any sportsbook. If you can open a bank account in Canada you would still need to give the sportsbook your home address in the USA which might cause the book to not allow bank transfers into your Canadian bank. I would just do what my friend did an give the book some Canadian address or even a post office box number, but like I said you might end up losing everything doing that. I know it's a pain in the butt collecting money if your a US player but if you pick the right book it's better than your idea about a Canada bank account.
Sports betting in Canada is legal so you would have no problem using a bank transfer to and from any sportsbook. If you can open a bank account in Canada you would still need to give the sportsbook your home address in the USA which might cause the book to not allow bank transfers into your Canadian bank. I would just do what my friend did an give the book some Canadian address or even a post office box number, but like I said you might end up losing everything doing that. I know it's a pain in the butt collecting money if your a US player but if you pick the right book it's better than your idea about a Canada bank account.
I see, thanks for the info. Should I win, I'm going to shoot straight when it comes to taxes, etc., but I was thinking have the money go from the book to Canada and from Canada to me. But maybe getting it from Canada to the U.S. would be no different than getting from the book to the U.S.
Thanks again.
I see, thanks for the info. Should I win, I'm going to shoot straight when it comes to taxes, etc., but I was thinking have the money go from the book to Canada and from Canada to me. But maybe getting it from Canada to the U.S. would be no different than getting from the book to the U.S.
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