Best offshore sportsbooks for online betting?

Terry Rogers2 said:I don't use ATMs here in the States, so I couldn't care less about that. Withdrawal fees on PayPal are 1.80 USD, and as a Bronze VIP, you can pull out 250 USD per 24 hours. On Neteller, you can take out 750 USD per 24 hours, but you're paying 4 USD in fees.
3*250 = 750
3*1.8 = 5.4
So the withdrawal fees actually end up being higher with PayPal.

Bronze VIP on PayPal doesn't pay withdrawal fees. You should know that, considering you're VIP too.

Terry Rogers2 said:I don't really pull cash from US ATMs, so that part doesn't apply to me. With PayPal, the withdrawal fee is $1.80, and since you're at Bronze VIP, you can take out $250 every 24 hours. On Venmo, though, you can pull up to $750 in a day, but you'll be looking at a $4 fee.
3 * 250 = 750
3 * 1.8 = 5.4
So, when you look at the math, PayPal actually ends up being more expensive in fees.

It’s pretty clear those costs shift depending on your account level, so you really have to factor that in when you're comparing them. Does anyone happen to know how Venmo handles exchange rates? As of today, if the Federal Reserve rate is around 7.667851 and PayPal's rate is sitting at 7.623881, then on a $2,500 transfer, you're looking at a cost of 0.576740 (which is about 0.58%) or roughly $30.

It might not seem like much in isolation, but it adds up. It feels especially frustrating when you've been grinding, only to see it eaten away—especially after watching some choker blow a match or seeing an idiot defender in the Premier League pass the ball right to the keeper, forcing a red card and a penalty just to save a goal 🙄

steelpilot29 said:Those fees clearly fluctuate based on your account level, so you really have to factor that in when you're doing comparisons. And hey, do you happen to know how Venmo holds up regarding exchange rates? Just looking at today's numbers, for instance, the Federal Reserve rate is sitting at 7.667851 while PayPal's rate is at 7.623881. That means on 2,500 euros, the cost ends up being 0.576740 (=0.58%), which is roughly $30.

It doesn't seem like much on one hand, but it definitely adds up when you consider how much I've lost spinning my wheels... especially when some absolute choker serves up a disaster during a match, or when some idiot defender in the Premier League passes the ball right back to his own keeper, forcing him to take a red card just to stop a penalty from being called! 🙄

So PayPal calculates it at 7.623881 against a local ATM? Seems high to me, though I suppose that part depends on the account tier too. I'm guessing you're Gold ☕
?
I've never actually used Venmo for USD conversions, so I can't really speak to that side of things.

If you scroll down to "currency conversion," you'll find the PayPal exchange rate list covering all currencies, which gets updated every single day. I usually just compare those rates against what the Federal Reserve is offering.

https://www.paypal.com/en/webapps/mpp/paypal-fees

I have Diamond status, though I'm not entirely sure if that makes a difference for the exchange rate itself. It definitely matters for the fixed transaction fee, but I don't have access to those specific details anymore. If your experience is different, why not post your own numbers? It would be helpful for everyone else to see the discrepancy.

I guess if someone could take an example of $100 using today’s exchange rate of 1.08 and break down how much I'd actually get via a PayPal Mastercard versus just doing a standard foreign currency withdrawal—including all those pesky fees—that would be great. Thanks 🙂

Why doesn't PayPal just take a 3-5% cut from that 7.64, like maybe 23-$13 for every $100 pulled out of an ATM here in the US?

Kevin Jones34 said:Why wouldn't they just take a 3-5% cut on that $7.64 PayPal fee? I mean, that would be roughly 23-$13 for every $100 withdrawn from an ATM here in the States.

I guess I don't know, which is why I'm asking. 🙂

bluecrane172 said:I honestly don't know, which is why I'm asking. 🙂

I posted the exchange rate list above; it’s not some secret info, it's right there on their website. Just be careful about which options you select when using an ATM. You should never accept the conversion rate the bank offers, because those can sometimes hit 7.0x or 7.1x.

As for comparing PayPal to a standard bank account or card, it really depends on your specific bank, the amounts you're moving, your PayPal level, and so on. In my experience, my bank is slightly more favorable, but I personally prefer doing it this way just to avoid going through them.

The money we make from betting isn't exactly easy money, so why give away more than necessary? Also, if you're heading into a branch to ask for advice, just keep in mind that most tellers at local banks don't actually know much about these things. I've learned that lesson a thousand times over.

Chris Nguyen31 said:Just open a new account using a family member's or friend's info. You would just need to scan their ID to verify the account at the sportsbook and on Venmo (it's faster and easier to set up than PayPal, plus you can transfer funds between accounts for free).

Well, what happens when that entire circle of people is too conservative and skeptical? They refuse to "put their personal data on the internet." Now I am searching for someone willing to do this for me—someone I could actually pay for the service, since I don't have anyone willing to help for free. Is anyone interested in opening an account for me? Ideally, someone located in Washington, D.C., to make coordination easier.

PS. @Chris Nguyen31 If I do find someone willing to open a William Hill account in their name, would it be necessary to open a new PayPal or Venmo? Or could I simply transfer money from my existing PayPal account to the William Hill account? I ask because I am unsure if William Hill can see that my PayPal is already linked to my suspended account.

Lawrence Anderson4 said:PS. @Chris Nguyen31/">@@Chris Nguyen31 If I find someone willing to open a William Hill account in their own name, would I need to set up a new PayPal or Venmo? Or could I just transfer funds from my existing PayPal account to the William Hill account? I'm asking because I'm not sure if William Hill can see that my current PayPal is already "linked" to my suspended account.

Yes. The names on the WH account and the PayPal/Venmo must match perfectly.

Chris Nguyen31 said:Yes, the names on the WH account and the PayPal/Venmo accounts must match perfectly.

I see. Thank you for the clarification. If that is the case, I won't even attempt it. Should I instead find someone to set up both a William Hill account and a PayPal? Or perhaps you have a more efficient solution in mind? 🤷

Lawrence Anderson4 said:Right, thanks for the heads up. If that's the case, I won't even bother trying. I actually need someone to set up a William Hill account and a PayPal. Or maybe you have a better, simpler idea? 🤷

You don't need a middleman for that. Just get a copy of their ID and open the accounts yourself.
What, don't you have parents, siblings, a wife, kids, or a mistress lying around? 🙂?

Chris Nguyen31 said:You don't need them to do it for you. They just need to give you a copy of their ID, and then you can open the accounts yourself.
Do you really not have parents, siblings, a spouse, children, or even a partner to help? 🙂?

I understand that they don't have to do the work. I simply need the documentation. When I opened my own accounts, I needed both my ID and a utility bill in my own name, not just an ID. My parents live out in the rural Midwest; they're older, and I don't want to bring this up with them because they believe everything online is a scam. My brother already has his own account... and my girlfriend doesn't trust any of this either. She thinks it's all a fraud and an unethical way to make money, or worse, an addiction 🙂
.

Lawrence Anderson4 said:I realize they aren't required to do this, I just need the corrections (I was supposed to provide my ID plus some utility bill under my own name when I signed up, not just an ID). My parents live out in the sticks, they're old, and I don't even want to bring this up to them because they think everything on the internet is a scam. My brother has his own account... my girlfriend doesn't trust it either; she thinks the whole thing is a fraud and just a dishonest way to make money or an addiction 🙂

PayPal asks for electricity or water bills for address verification, but for Venmo, an ID is all you need.

Chris Nguyen31 said:PayPal requires utility bills like electricity or water to verify an address, whereas Venmo only needs a government ID.

Thank you. I am aware. Now, is it possible to find someone trustworthy enough to provide those documents in exchange for a fee?

Well, if you can't find any luck with a coin flip or even a simple game of chance, then things are truly 😵... maybe try asking a friend who doesn't gamble at all to just explain the whole situation to you

Christian Hernandez11 said:If you cannot find success through any means at all, then things are truly 😵, shouldn't you? Perhaps ask a friend who does not gamble and explain the situation to them.

That is precisely why I am asking here. This thread consists of people who understand the reality of the situation and know there is no deception involved. They do not hold an aversion toward online betting.

Just to keep things from getting too heavy all the time 🙂

http://us.linkedin.com/pub/zdravko-m...?trk=pub-pbmap

steelpilot29 said:ps. That Ladbrokes account isn't actually mine, but since it's an American one, I topped it up without any issues besides those limits mentioned... I haven't heard of anyone running into this specific problem, at least not for that reason.

If I'm following correctly, Ladbrokes let them put down 600 bucks on futsal.
That means the account must have been opened a long time ago, because lately, every single account opened in the US on Ladbrokes gets hit with an automatic limit right away (like maybe 50-100 dollars for NBA games and stuff like that)...

Bryan Gray91 said:If I caught that correctly, Ladbrokes allowed 600 euros on futsal.
That would mean the account has been active for quite a while. Lately, most accounts opened here in the States get hit with automatic limits—usually around 50 to 100 dollars for things like NBA games and similar events.

It isn't my account, but it definitely wasn't created yesterday. I'm not sure about what you mentioned, but if that's how they operate, it's likely for those niche sports—you know, futsal, water polo, or some small local soccer or basketball leagues. They don't have enough data on them, so they just block bets either because they're afraid of what they don't know or because they suspect the games might be rigged. Either way, we aren't exactly their favorite customers.

I don't know, the whole situation is just getting frustrating. I really don't want to deal with traditional bookies anymore; I want to stick exclusively to exchanges. There are plenty out there right now, but none of them seem serious. I'm hoping Ladbrokes keeps acquiring them and pours enough cash into the mix to build a legitimate exchange. Maybe then they can finally help push Betfair under, given how greedy and short-sighted they've become.
The only real question is whether Ladbrokes will actually keep an exchange running, or if they'll eventually shut down that style of betting altogether. Personally, I think it's the only way to stay profitable in the long run.