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  1. 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
  2.  
    Originally Posted by Brann6 View Post


    Alas, Poker stars tells me since I live in the US all of my banking must go through the US system.

    Could be some type of law where ever stars is "located" (I should really know where).
    Edited By: nyy486 Mar 23rd, 2011 at 10:18 PM
     
  3.  
    Originally Posted by Brann6 View Post

    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

    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.