Posts by Noah Lopez10

Noah Davis55 said:it basically just converts everything back into whatever currency your account uses, which I guess is pretty much how all major US banks handle things normally

and since local banks here allow that too, it shouldn't be much of an issue, though honestly you probably won't even need to worry about it once you open the account and just toss some cash in there to cover your bases

Thanks man, if I run into anything else I'll probably just shoot you a DM

Noah Davis55 said:Since VISA is in USD, it's basically foreign currency for us, though I guess for people over in Europe it's just their everyday cash, so obviously if you've got a card, you can pretty much pull money from ATMs or pay for stuff anywhere in the world... it's all pretty common knowledge at this point, I suppose.

Fair enough, but when it comes to actually depositing, I could probably just transfer funds directly to that account using my online banking. I'm just wondering if I deposit dollars and they automatically convert it to USD, or if I actually have to send the specific amount in USD—though I'm not totally sure if my local banks even let you send transfers in USD like that.

Noah Davis55 said:you can just ask for a VISA payout directly to your account, or maybe through something like PayPal straight to an Austrian bank account... honestly, you've got options. I guess if you want to bypass our lovely little surveillance state, that's definitely the move for larger sums, though if we're just talking a few hundred Federal Reserve dollars a month, nobody's really going to blink an eye here at home.

So, I read somewhere that once I get the card, I don't even have to physically go into the bank anymore. I'm thinking I could probably just use online banking from my Chase account to load it up or whatever.
And as for getting the cash out, I'll probably just hit up an ATM, since I guess that's the easiest way to keep the government from seeing the money flow.
Also, is that VISA account held in foreign currency or...?

Noah Davis55, thanks man, that's huge. So I guess there’s really no point in messing around with Moneybookers then, since my sportsbook withdrawals just land straight on the card without any drama.
Just let me know which specific type of card I should be looking for over in Austria.

I've got a quick question about this whole new law situation. If someone has already answered this, sorry, I probably just missed it somewhere. Is it actually illegal now to bet online, like on something like Unibet, or is there a chance that Unibet or some other sportsbook is actually registered right here in the States so the law doesn't even apply to them?

So, if I were to put down $2333 and my total payout ends up being 30 $0.00, would I have to pay taxes to the government on that full amount, or do I skip that part since my actual profit is only 23,000, and those 7,000 don't really count because it was my own money I put in to begin with?