Would this work?

Cryptorchild · #1 10-02-2006, 12:05 PM

From what I understand the problem would be getting money onto a poker site. So if I have a friend with money on lots of sites, I just pay him, and he sends me a transfer on the site. If that would work, couldn't businesses be created that sell and transfer online poker chips?

semsorok · #2 10-02-2006, 12:06 PM

IT DOESNT [censored] MATTER, FISH WONT GO THOUGH ALL THIS TROUBLE TO GET MONEY INTO A POKER WEBSITE

jojo11 · #3 10-02-2006, 12:12 PM

They would if the poker sites forwarded them to such a business.

OP, I was thinking the same thing.

westmt01 · #4 10-02-2006, 12:14 PM

You're 100% right. This is exactly why the new law is a big deal. There may be loopholes and bizarre ways of getting around the new restrictions, but fish aren't going to take the time to deal with it. Online poker will continue to exist, but traffic will be down a good 75% or so, and so will profitability.

Cryptorchild · #5 10-02-2006, 12:15 PM

The poker sites themselves could create a new site to sell the chips. It wouldn't be a gambling website. It woulnd't be illegal to receive money from Americans. And they could make it easy for fish to access money.

Copernicus · #6 10-02-2006, 12:16 PM

[ QUOTE ]
From what I understand the problem would be getting money onto a poker site. So if I have a friend with money on lots of sites, I just pay him, and he sends me a transfer on the site. If that would work, couldn't businesses be created that sell and transfer online poker chips?

[/ QUOTE ]

Friends with money there, yes. But for new money I dont think so.

Say there is an offshore "cashmanbrian" who buys and sells chips. You still have to get money to him to pay for the intra-site transfer.

Even though cashmanbrian isnt in the business of betting or wagering, he is part of a "network" that facilitates getting money into a gambling account.

He faces the risk of prosecution, no different than neteller.