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Re: Using paypal for Betfair
 

It's like Russian Roulette. Just because you don't get a bullet in the head after the trigger is pulled first time, doesn't mean you're safe the next five pulls.

Re: Using paypal for Betfair
 

I'm more curious as to why the OP want's to force it via Stealth.....

Re: Using paypal for Betfair
 

Theres lots of reasons to want to use stealth betting accounts.

One being taking advantage of all the sign up offers. You could make a fortune matched betting with multiple stealth accounts.

I think youl find depositing ok. But when it comes to withdrawing time.... you will hit issues.

Re: Using paypal for Betfair
 

Withdrawals often require ID (matching account holders details). I mean real ID here.

Re: Using paypal for Betfair
 

This is certainly what came to my mind when I first saw this thread. Even if you are only just a +EV gambler/player you could do really well and make a nice profit out of all the sign up offers out there once you clear all the bet/play through T&Cs.

However if you did do this or even attempt to using stealth, it would be breaking the law in so many different ways......

Re: Using paypal for Betfair
 

First time yes, after that not normally unless there is activity or patterns developing that are inconsistent with the accounts previous history.

Re: Using paypal for Betfair
 

Is it actually breaking the law?

Im going to do a little read around now but if you have any information id like to read it.

Re: Using paypal for Betfair
 

Well if you are getting financial gain using fraudulent means it is! Could be classed under any various forms of theft or fraud.

I am guessing if this was the OP's intention it was because he has already had a first depositors bonus with whatever company.....otherwise there would be no need for it. Very clear in all t+c's will show it as a one time only deal.

Re: Using paypal for Betfair
 

UK gambling laws are very very tight so it would be breaking them as soon as ID that is not the OPs is sent in

Re: Using paypal for Betfair
 

On the topic of Gambling and large value transactions - your playing with the money laundering regulations which are very strict. The gambling institution would be held liable if they let you slip through the net. So your chances are slim to none.

Re: Using paypal for Betfair
 

All I want to be able to do is use paypal to deposit an initial small deposit to betfair circa £50 and thats it. I can get the money out with out withdrawing. I have created a stealth paypal using a prepaid card but it wont let me deposit? Is the only way it is going to let me deposit is if I attach a bank?