Visit the United States Poker Community | Visit the California Poker Community | Read more about the Launch of P5s Local
-
So I've been reading all of the threads about payment processors getting busted, funds being seized, deposits and withdrawals not going through for US players and I'm wondering...why can't I just open an offshore account in, say, Belize, and make deposits/withdrawals that way?
They speak english there. Accounts can be funded and kept in dollars. And they could care less about people playing online poker. Account set-up is quite easy and, of course, I'd report the offshore account to the IRS.
Alas, Poker stars tells me since I live in the US all of my banking must go through the US system.
Granted, I've only had one occasion where a payment was significantly delayed but I'm just trying to forestall any future problems.
It's not to be and I'm disappointed.
Brann -
Edited By: nyy486 Mar 23rd, 2011 at 10:18 PMCould be some type of law where ever stars is "located" (I should really know where).Originally Posted by Brann6
Alas, Poker stars tells me since I live in the US all of my banking must go through the US system. -
Guess this answers my question about pokerstars.france Their only requirement for people outside of France to play is to have an EU bank account. But since you are not allowed to have an EU bank account and play on Stars to begin with sounds like the French client is out for US Residents. Interesting though, never realized you couldn't have a bank outside of the US for pokersite transactions, figured this would be a good way of avoiding UIEGA issues, but looks like this is not the case.
Originally Posted by Brann6
So I've been reading all of the threads about payment processors getting busted, funds being seized, deposits and withdrawals not going through for US players and I'm wondering...why can't I just open an offshore account in, say, Belize, and make deposits/withdrawals that way?
They speak english there. Accounts can be funded and kept in dollars. And they could care less about people playing online poker. Account set-up is quite easy and, of course, I'd report the offshore account to the IRS.
Alas, Poker Stars tells me since I live in the US all of my banking must go through the US system.
Granted, I've only had one occasion where a payment was significantly delayed but I'm just trying to forestall any future problems.
It's not to be and I'm disappointed.
Brann
Similar Threads
-
1 Replies
[ ] i read and post more on "bad beats" than "poker discussion" (lol)
Last Post: Apr 26th, 2010, 08:48 AM -
0 Replies
<object width="640" height="385"><param name="movie" value="http://www.youtube.com/v/zSo2jJubyVY&hl=en_US&fs=1&"></param><param name="allowFullScreen" value="true
By wackyJaxon in Off Topic
Last Post: Mar 21st, 2010, 07:53 AM -
3 Replies
What is the fine line between "Brilliant Poker" and "Idiotic Poker"
By foolishgolf in Poker Discussion
Last Post: Dec 23rd, 2008, 03:44 PM








