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  #51  
Old 10-21-2006, 03:33 PM
5thStreetHog 5thStreetHog is offline
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Join Date: Sep 2006
Posts: 1,234
Default Re: Options after Neteller?

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
learn how to play poker Live.

-Scott

[/ QUOTE ]

and then kill yourself when you go through a 10k hand downswing

[/ QUOTE ]

haha yeah thats what is just so brutal about playing live... the 10k downswing may be only couple weeks or so worth of online play whereas at the casino you're talking anywhere from 2-3 months of losing... so fkn demoralizing... let's just say our prayers and hope for the best, gentleman

p.s. for the guy who thinks it means you suck at poker if u lose for 10K hands, you must be relatively new to the game, hopefully when you hit a similar stretch it is online and not at a casino...

[/ QUOTE ]Agreed,thats three days for alot of guys here.If you never had a bad three days playing poker,you have somehow found a way to avoid the laws of mathmatics,so congrats.
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  #52  
Old 10-21-2006, 04:12 PM
iH8poker iH8poker is offline
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Join Date: May 2006
Posts: 346
Default Re: Options after Neteller?

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
learn how to play poker Live.

-Scott

[/ QUOTE ]

and then kill yourself when you go through a 10k hand downswing

[/ QUOTE ]

10K hand "downswing"? Doesn't that mean you just suck at poker. 10K hands??

[/ QUOTE ]
lol
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  #53  
Old 10-21-2006, 04:12 PM
stinkpaw stinkpaw is offline
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Join Date: Oct 2005
Posts: 545
Default Re: Options after Neteller?

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
learn how to play poker Live.

-Scott

[/ QUOTE ]

and then kill yourself when you go through a 10k hand downswing

[/ QUOTE ]

10K hand "downswing"? Doesn't that mean you just suck at poker. 10K hands??

[/ QUOTE ]

Wow, U R clueless junior. The statement you just made show how much you must suck at poker.

Please play at my tables.
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  #54  
Old 10-21-2006, 05:27 PM
curious123 curious123 is offline
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Join Date: Dec 2005
Location: not impressed by your perforaments
Posts: 585
Default Re: Options after Neteller?

lol balaclavaments
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  #55  
Old 10-23-2006, 01:24 AM
damedash damedash is offline
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Join Date: Jan 2005
Location: in my head
Posts: 156
Default Re: Options after Neteller?

[ QUOTE ]
http://www.pokernews.com/news/2006/1...monitoring.htm

After reading this article, you better be paranoid while using the net.

[/ QUOTE ]

nice post
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  #56  
Old 10-23-2006, 07:54 AM
fish2plus2 fish2plus2 is offline
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Join Date: Apr 2006
Location: El Diablo Forum
Posts: 2,613
Default Re: Options after Neteller?

neteller doesnt answer emails.
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  #57  
Old 10-23-2006, 01:00 PM
Ryno Ryno is offline
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Join Date: Jan 2005
Location: SoCal
Posts: 531
Default Re: Options after Neteller?

"Are there any risks associated with having a foreign bank account?"

There is an article in Worth magazine (the issue with Al Gore on the cover, not sure which month) describing the risks/rewards. You are supposed to declare all foreign bank accounts if the total balance of them exceeds 10k at any time. I. Nelson Rose once wrote that Neteller is considered a bank for the purposes of this law, and that the audit rate when declaring a foreign bank account for the first time is 100%.
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  #58  
Old 10-23-2006, 01:03 PM
John Deere John Deere is offline
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Join Date: Sep 2003
Location: Maryland
Posts: 556
Default Re: Options after Neteller?

[ QUOTE ]
You are supposed to declare all foreign bank accounts if the total balance of them exceeds 10k at any time.

[/ QUOTE ]

Well, I would keep my balance under 10k at all times... I would make regular ATM withdrawals and use the money for day-to-day shopping, spending, etc.

So I guess this seems like a good options, if I'm not legally required to report these bank accounts.
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  #59  
Old 10-23-2006, 01:27 PM
BigBiceps BigBiceps is offline
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Join Date: Mar 2004
Posts: 3,571
Default Re: Options after Neteller?

[ QUOTE ]
Are there any risks associated with having a foreign bank account? Do you report the interest on this account in your taxes, or do you just not let the US government know that it even exists? Do you transfer money between this account and a U.S. banking account, or do you just do cash withdrawals from ATMs?

Also, how much is the ATM fee? I looked at their Schedule of Fees, but it's not clear. (Or is an ATM withdrawal the same as a "Cash Advance"?)

[/ QUOTE ]

You have to declare if you have a foreign bank account on schedule B of your tax return.
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  #60  
Old 10-23-2006, 01:51 PM
Ryno Ryno is offline
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Join Date: Jan 2005
Location: SoCal
Posts: 531
Default Re: Options after Neteller?

It looks like that would be ok - from the IRS website:

FAQs regarding Report of Foreign Bank and Financial Accounts (FBAR)

What is an FBAR?
An FBAR is a Report of Foreign Bank and Financial Account. The form number is TD F 90-22.1.
Who must file an FBAR?
Any United States person who has a financial interest in or signature authority, or other authority over any financial account in a foreign country, if the aggregate value of these accounts exceeds $10,000 at any time during the calendar year
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