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Using paypal for Betfair
 

hi i wanted to create a betfair account and fund it with my paypal account.

im using a stealth paypal account as was wondering if i could use that?

the paypal account is in my name but the address of the paypal account is different to the driving license and bank statement im going to be sending in.

will i still be able to use paypal to fund the account?

thanks

Re: Using paypal for Betfair
 

May be a problem.

The likes of betfair etc prefer/deman all info to match.

:eek:

Re: Using paypal for Betfair
 

Betting sites can be very strict on ID matching indeed.

Re: Using paypal for Betfair
 

is there anyway i get can around this?
i dont want to use my debit card/bank account

if i change my paypal address to my actual address will the paypal account be limited?

Re: Using paypal for Betfair
 

This actual address has been used before on other pp account?

Re: Using paypal for Betfair
 

Kinda defeats the whole point of stealth.
Why are you so keen on avoiding use of your real info if you want this done so badly?

Re: Using paypal for Betfair
 

yeah i did use the actual address on another paypal account but then it got limited :/

Re: Using paypal for Betfair
 

If you are trying to multi account with betting sites, it will be quite hard to do it stealth.

Also, I think betfair will ask you for id because they do an electrol check.
If you dont pass that auto check when you sign up with them, they will want id from you.

They have strict checks and a stealth drivers or passport will not work as they use the numbers on the docs to verify they are real.

Re: Using paypal for Betfair
 

So that's done then :( pity.

Re: Using paypal for Betfair
 

hi no im not trying to create multiple accounts this is the first time im trying to open an account with them its just that i want to use paypal to fund it and not my debit card. but the only problem is that my paypal address doesnt match the bank statement that i will send in.

would i still get limited if i had a secondary address which is my actual address to my stealth account?

Re: Using paypal for Betfair
 

Money Laundering is illegal. That is what you would be doing. I can assure you betting companies, because the have the gambling commission over looking their moves and have licenses at risk, are very very strict on this.

There are of course ways around what you are trying to do.....but is it really worth it? Why can't you just use legit details for your betting accounts?

Re: Using paypal for Betfair
 

i dont know much about UK laws, but im sure gambling is treated the same way as in USA so i cannot imagine any way in hell that you can be sourcing funds anonymously.

Re: Using paypal for Betfair
 

i have a question i spoken to coral about me using a paypal account with a different address they said its fine as long as the email address and name is the same as the account registered to them.

i was wondering can paypal see my coral details that i used to sign up to them with? for example my address and what not?

thanks

Re: Using paypal for Betfair
 

Well I wouldn't trust anyone earning £8 an hour at Corals to give you an accurate answer. I can assure you that wouldn't be the company line.

It may well get around a short term issue but certainly would not be fulfilling KYC and would be in breach of many licensing regs. How do you intend withdrawing form the betting account if/when you wish to? Most betting companies will not allow withdrawals to any source other than that depositing within 6 months of that deposit. So if you deposit £1000 and then want to take it back out, it can only go back to the paypal for the first 6 months of the deposit date. Anything over the £1000 can normally be drawn by other means though. What happens if your paypal goes down in that 6 months?

Just seems a whole lot of hassle and risk when there are easier alternatives.

Re: Using paypal for Betfair
 

Paypal shouldn't be able to see your coral details, unless they are sharing that information.

But even then, your plan is to keep things between the two the same, so would it matter if they did?

Re: Using paypal for Betfair
 

Ok I guess I won't be able to use the stleath PayPal account then :/

And what do you guys think about me adding my actually address to my stleath account would that work or will I get limited?

I was also wondering just for fun I created another PayPal account and this has the same details as the PayPal account that got limited but this current account is still live and running....does that mean I can use it? I'm wondering why it hasn't been closed down?

Thanks

Re: Using paypal for Betfair
 

Better to use real details...

Re: Using paypal for Betfair
 

Turn the top elements on stove on, OP, and put ypur hand on one.

Ouch, did that burn you?

Then what do you think these ideas of what you want to do with reusing/linking old banned paypal info will do?

The same pain.

:tears:

Re: Using paypal for Betfair
 

Stop making the help for this guy impossible, just answer the questions with trying to be noisy people. I have had paypal funds in an account and wanting to cashout through a betout website it's possible, but probably hard. I have looked at betting sites and because they are overseen by money commissions they have strict rules on betting. Goodluck on finding a way.

Re: Using paypal for Betfair
 

OP is in UK. You are not. Still, so glad you know more about EU money laundering regs and UK Gambling and licensing rules better than some of us based here. :thumb:

Re: Using paypal for Betfair
 

I have a quick question just for fun I created another PayPal account and this has the same details as the PayPal account that got limited but this current account is still live and running....does that mean I can use it? I'm wondering why it hasn't been closed down?

Re: Using paypal for Betfair
 

:doh: why run this experiment? It's a failure in the making.

PP may NOT always catch on right away but do you want to operate on a HIGH RISK that you will get shutdown at any time? ....if not, stealth is for you - if you don't care about being shutdown sooner or later, continue with your experiment.