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Best offshore sportsbooks for online betting?

Started by Sarah Wilson75 · · 👁 81 views · 2.8K replies

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Participants Sarah Wilson75wiredjackal91steeltiger18Andrew Rogers6driftinghawk83Joshua Garcia8Robert Thompson12Alex CookRebecca Fox4Jonathan Hill3Gregory Ramos3Jamie Jones19Larry Ward48analoggull4feralgull99Brian HillEric Fox7wearyotter36Sean Lee6Ryan Brown92Sam Diaz2Bryan Adams6Noah Ross7slycyclist35 …
Richard Young10 Richard Young10 Member
33 messages
joined Feb 2011
#601 ·
Yeah, I’m looking to get some clarity on the fees too—you know, those percentages or flat rates you have to swallow during a transaction (sorry if this has already been covered somewhere up the thread):

1) When I'm moving funds from my foreign currency account (either at JP Morgan Chase or Goldman Sachs) over to Moneybookers?
2) When I'm transferring from Moneybookers straight to an online sportsbook?
3) During a withdrawal from the sportsbook back to Moneybookers?
4) And finally, when pulling money from Moneybookers back into my foreign currency account?

EDIT: If I've managed to wrap my head around this correctly...

1) It's 1.9%
2) There shouldn't be anything
3) Nothing there either
4) Just a flat $1.80
goldenmarlin5 goldenmarlin5 Newcomer
1 message
joined Oct 2010
#602 ·
Hey there. So, I’ve already got an account set up over at DraftKings. But I’m thinking about opening one at FanDuel too. Basically, if I open a FanDuel account, can I just use those retail vouchers to load cash directly into my balance?
I mean... I buy a voucher at a convenience store, get the activation code, and then just type that code in on the site to fund my account?
Jesse Brown12 Jesse Brown12 Newcomer
5 messages
joined Jan 2013
#603 ·
goldenmarlin5 said:hey. i've got an account on DraftKings, but i was thinking about setting one up on FanDuel too. basically, if i open an account there, can i just use FanDuel gift cards to load cash into my main account?
i mean... i buy the card and then just type in the activation code on the site?

if i remember right, the funds should just show up in your balance automatically once you activate the voucher...
briskotter14 briskotter14 Member
28 messages
joined Oct 2011
#604 ·
goldenmarlin5 said:Hey. I've got an account on DraftKings, but I'm thinking about setting one up at FanDuel too. So if I open an account there, can I just use FanDuel gift cards to load money into my DraftKings account?
I mean... I buy a voucher and then just enter the activation code online?

You don't have to do it at home; you could just do it at a gas station down the street.☕
driftingfox17 driftingfox17 Newcomer
3 messages
joined Apr 2012
#605 ·
Zachary Palmer3 said:I actually pulled it off today! The amount they wanted me to enter was just $1.26! 🙂
Now I just have to figure out how to send more cash over to that MB account.

Here’s a little pro-tip for verifying your JP Morgan Chase Visa for Moneybookers: if you check your online banking right after the transaction and it shows something like $1.57, it means they actually deducted one cent—so $0.01—leaving you with $1.56. That’s the number you need to type in.
Keep in mind this rule only applies if the amount is UNDER 2 bucks. If it’s $2.00 or more, you subtract two cents. So, if you see $2.42, the actual amount is $2.40...

Just a heads up, I'm talking about dollars here—I figured this out through some digging on my own. I'm not 100% certain if the cutoff is exactly at the $2.00 mark or if it's slightly higher or lower... basically, if it shows $1.97 and you try $1.96 but it tells you that's wrong, then the real amount is $1.95... either way, this is way faster than sitting around for a week waiting for the official statement to show the real amount...
driftingfox17 driftingfox17 Newcomer
3 messages
joined Apr 2012
#606 ·
Richard Young10 said:Yeah, I’m also curious about the fees—you know, those percentages or flat rates you get hit with during transactions (sorry if this was already covered somewhere):

1) when transferring from a foreign currency account (like at JP Morgan Chase or Goldman Sachs) over to Moneybookers?
2) when sending money from Moneybookers to an online sportsbook?
3) when withdrawing from an online sportsbook back to Moneybookers?
4) when moving funds from Moneybookers back to a foreign currency account?

4) It's about $1.80

1) Honestly, JP Morgan Chase is probably your best bet. They charge 0.5%, but there's a $13 minimum fee. So, if you're only trying to move $5, you're still getting hit with the $13 full minimum. It's like at ZABI, where that minimum is $67... :S
2) 0%
3) 0%
4) MB edit takes about $1.80, and JP Morgan Chase always claws back $1.01 from me too, regardless of how much you're moving..
Michael Ross39 Michael Ross39 Newcomer
2 messages
joined Apr 2012
#607 ·
Greetings.
Does anyone here have any experience using DraftKings?
I personally use their platform for both sports betting and casino games.
How reliable are they when it comes to processing payouts?
If I manage to turn a bit of a profit, I am planning to withdraw roughly $250 to $350 directly to my bank account, so I was wondering if they tend to cause any issues during that process.
Morgan Ross15 Morgan Ross15 Newcomer
1 message
joined May 2012
#608 ·
Hey everyone! Quick question... I've got a checking account over at JPMorgan Chase with a Visa debit card, but I'm hitting a wall. I tried making a payment through PayPal and it just keeps getting declined, even though my account isn't frozen and everything looks totally fine on my end. It’s doing the exact same thing when I try to use it at DraftKings, too. Does anyone know what might be causing this? Thanks!
Donna Martin11 Donna Martin11 Newcomer
9 messages
joined Jan 2013
#609 ·
Morgan Ross15 said:Hey everyone—quick question. I’ve got a checking account over at JPMorgan Chase with a Visa debit card, but I'm hitting a wall. Every time I try to pay via PayPal, the transaction gets declined. My account isn't frozen, everything looks fine on my end, yet it just won't go through. Same thing happens when I try using it at DraftKings. Does anyone have any idea what the deal is? Thanks.

I have a brilliant solution for you... just call your aunt who works at JPMorgan Chase and she'll have it sorted out in two minutes flat. That's definitely your easiest bet.😉
wiredpilot2 wiredpilot2 Newcomer
2 messages
joined Sep 2009
#610 ·
Look, I’ve said it a dozen times already... that JPMorgan Chase card just doesn't work for online stuff.
wiredpilot2 wiredpilot2 Newcomer
2 messages
joined Sep 2009
#611 ·
Michael Ross39 said:Hey guys.
Anyone here actually used DraftKings before?
I've been hitting them up for some bets and playing the casino games.
How's their payout situation?
If I actually manage to pull a win, I'm looking to move maybe $200-$300 straight to my bank account, so I'm wondering if they're going to give me a hard time or whatever...

They never give you any grief. Just gotta send over a photo of your ID before that first payout goes through.
Took about three days for mine to hit my card via bank transfer.
brightviper48 brightviper48 Member
11 messages
joined May 2012
#612 ·
Michael Ross39 said:Hey there.
Does anyone here have any experience using DraftKings?
I've been placing some bets there and playing in Las Vegas.
How are they regarding payouts?
If I actually manage to turn a profit, I’d like to withdraw maybe $200-$300 directly to my bank account—so I'm wondering if they cause any issues or anything like that...

If you're looking to withdraw winnings, just forget about the casino portion entirely. 🙂
Frank Morgan30 Frank Morgan30 Active Member
50 messages
joined Feb 2012
#613 ·
I’ve got some cash sitting in my DraftKings account, so I was wondering—can I actually transfer this to a standard checking account, or am I stuck with just a basic debit card withdrawal?
I'm asking because I've never dealt with anything like this before, and I don't even have a primary checking account set up yet...
driftingcobra10 driftingcobra10 Newcomer
2 messages
joined May 2012
#614 ·
Hey everyone,
I have a quick question... does anyone happen to know if there's an online sportsbook out there that doesn't charge a margin on the juice, but still accepts double chance bets like 1X or X2?
Donna Martin11 Donna Martin11 Newcomer
9 messages
joined Jan 2013
#615 ·
driftingcobra10 said:Hey everyone
I have a question—does anyone know of an online sportsbook that doesn't charge a margin on double chance bets, specifically for outcomes like 1X or X2?

DraftKings, BetMGM... and the rest of them.
Bryan Adams6 Bryan Adams6 Active Member
80 messages
joined Jul 2012
#616 ·
driftingcobra10 said:Hey everyone
I got a question... anyone know if there's an online sportsbook out there that doesn't charge a margin but still takes double chance bets like 1X or X2?

all 😁 that aren't based in the US 🙂
Michael Ross39 Michael Ross39 Newcomer
2 messages
joined Apr 2012
#617 ·
brightviper48 said:If you actually want to walk away with any profit, stay far away from the casino. 🙂

I truly appreciate the advice. I have unfortunately already learned that lesson the hard way.
That Las Vegas experience is a devastating thing, and quite frankly, it can be ruinous 😢
swiftlynx34 swiftlynx34 Newcomer
5 messages
joined Sep 2014
#618 ·
Colleagues, does our local bank raise any red flags if they notice funds hitting my account from a betting site?
Specifically, I’m asking about Chase... the payout would be coming from Unibet.
I’ve heard rumors that when they spot transfers like this, they might call you in to sign various compliance documents or something similar... and honestly, I really don't want the headache of dealing with that!
Ethan Taylor9 Ethan Taylor9 Member
20 messages
joined Jun 2011
#619 ·
I think I saw someone earlier asking for some clarity on what the fees look like over at PayPal, so I figured I’d just drop a helpful link right here for anyone who needs it https://www.paypal.com/webapps/help/article/fee-information
Joshua Garcia8 Joshua Garcia8 Member
11 messages
joined Mar 2012
#620 ·
swiftlynx34 said:Hey guys, does our bank get twitchy if they see money coming in from a betting site?
Mainly asking about Chase... the payout would be from DraftKings.
I heard if they spot transfers like that, they might call you in to sign some paperwork or whatever... I really don't want the headache!

Never had any issues with Chase before.🤷

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