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#1
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Ummmm...why don't you just open your own Full Tilt account? Seems a lot easier? [/ QUOTE ] How will I cash out the winnings? My understanding is that US banks will not process checks from online gaming sites. Or transfers. Is that wrong? Can I transfer money from my FTP account directly to another person's bank? I guess my real question becomes this: As a US player under the current law, how do I cash out my online poker winnings? |
#2
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[ QUOTE ]
[ QUOTE ] Ummmm...why don't you just open your own Full Tilt account? Seems a lot easier? [/ QUOTE ] How will I cash out the winnings? My understanding is that US banks will not process checks from online gaming sites. Or transfers. Is that wrong? Can I transfer money from my FTP account directly to another person's bank? I guess my real question becomes this: As a US player under the current law, how do I cash out my online poker winnings? [/ QUOTE ] Well if you couldn't, your friend couldn't either, right? Also you're wrong to think that banks won't process checks from online gaming sites. Most of them won't even know. I don't know about most sites, but FTP only allows bank wire transfers that are >$20k right now. The easiest thing to do is set up an account in your name and withdraw by check. |
#3
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Well if you couldn't, your friend couldn't either, right? [/ QUOTE ] In this case, my friend would not be a US resident and would have a bank account set up in another country (say Thailand), so the laws would be different. If I took a check and it was denied by my bank, what then? Could I sign it over to a foreign friend and have them deposit the 3rd party check or just redeposit in into FTP and try something else? |
#4
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[ QUOTE ] Well if you couldn't, your friend couldn't either, right? [/ QUOTE ] In this case, my friend would not be a US resident and would have a bank account set up in another country (say Thailand), so the laws would be different. If I took a check and it was denied by my bank, what then? Could I sign it over to a foreign friend and have them deposit the 3rd party check or just redeposit in into FTP and try something else? [/ QUOTE ] I don't think you would have trouble with it being denied (I don't think there have been any cases so far with FTP checks having problems depositing), but you should e-mail FTP and see what they say. Also, FWIW, I requested my first check ever a few days ago and it got approved today. I'll see what happens when I receive it and try to deposit it. |
#5
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My bank had no problem cashing the FT check I got 2 weeks ago.
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#6
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are you guys paying taxes for these checks?
or just hoping you can get away with it? I'm just curious how many people actually pay the taxes that we are supposed to |
#7
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![]() given the Neteller thing, I would hope we are all paying, argh...... obg |
#8
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are you guys paying taxes for these checks? or just hoping you can get away with it? I'm just curious how many people actually pay the taxes that we are supposed to [/ QUOTE ] I'm withdrawing three $5K checks. I plan on paying taxes on it. |
#9
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I'm just curious how many people actually pay the taxes that we are supposed to [/ QUOTE ] I am. Given how the government feels about us, it seems very prudent. |
#10
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[ QUOTE ]
[ QUOTE ] Ummmm...why don't you just open your own Full Tilt account? Seems a lot easier? [/ QUOTE ] How will I cash out the winnings? My understanding is that US banks will not process checks from online gaming sites. Or transfers. Is that wrong? Can I transfer money from my FTP account directly to another person's bank? I guess my real question becomes this: As a US player under the current law, how do I cash out my online poker winnings? [/ QUOTE ] Sigh. Where do people hear these things? |
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