Dixie Flatline
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- Jun 3, 2005
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- #1,976
I did get my cash prize. Better get it out of my paypal account.
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AFLW 2024 - Round 10 - Chat, game threads, injury lists, team lineups and more.
Fantasy 2021 - EMPIRE League - Discussion
- Thread starter Exe Gesis
- Start date
- Tagged users None
A11dAtP0w3R
Dumpster Fire Diver
- Oct 18, 2013
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wtf, why is against their terms and conditions? Just cause they dont make any money from it?
Exe Gesis
Kylo was here
- Thread starter
- #1,978
Surely that cant be true??
For the record, there are two types of paypal payments....when you guys send me money as "for goods and services" paypal takes a small cut (about $1) but when you or I send payment as "for friends or family" they do not take a cut
For the record, there are two types of paypal payments....when you guys send me money as "for goods and services" paypal takes a small cut (about $1) but when you or I send payment as "for friends or family" they do not take a cut
Exe Gesis
Kylo was here
- Thread starter
- #1,979
Reading thru that twitter thread....
When sending money, dont put anything in the comments, dont put fantasy, or league, or football, leave it blank. Send money as a "gift" too, paypal dont take a cut. I always send money as "gift" and no comments in the comment section.
People also say use LeagueSafe, but not sure if available in Australia
Will have a look around for other paypal-like services.
The alternative is via direct bank deposit only.
When sending money, dont put anything in the comments, dont put fantasy, or league, or football, leave it blank. Send money as a "gift" too, paypal dont take a cut. I always send money as "gift" and no comments in the comment section.
People also say use LeagueSafe, but not sure if available in Australia
Will have a look around for other paypal-like services.
The alternative is via direct bank deposit only.
A11dAtP0w3R
Dumpster Fire Diver
- Oct 18, 2013
- 95,200
- 139,834
- AFL Club
- Melbourne
- Other Teams
- Carolina Panthers
Oh well bank deposit it is in then.
Last edited:
Exe Gesis
Kylo was here
- Thread starter
- #1,982
There actually is something in the paypal terms of service forbidding gambling, games, entry fees, fantasy, etc. Weird tho considering many league sites and many fantasy sites use paypal, if you win they pay you via your linked paypal account, the only option. Yahoo fantasy for eg.
This a new crackdown since paypal bought out venmo recently.
Don't let money sit in your paypal account, paypal often seize money if they suspect illicit business dealings.
Only really the big cash leagues are in danger of getting caught, thousands of dollars in entry fees and payouts.
Some people stupidly depositing paypal money (even like 15k) into casinos or online casinos.
Small friends leagues and under $600 "should" pass detection -- just dont put anything in comments section, and use the "gifts/family and friends" option....do not use goods and services
Still, paypal algorithms starting to catch on....if they see a recurring period when funds are sent that are all same cost and then a concurrent payout to people in that same group.
This a new crackdown since paypal bought out venmo recently.
Don't let money sit in your paypal account, paypal often seize money if they suspect illicit business dealings.
Only really the big cash leagues are in danger of getting caught, thousands of dollars in entry fees and payouts.
Some people stupidly depositing paypal money (even like 15k) into casinos or online casinos.
Small friends leagues and under $600 "should" pass detection -- just dont put anything in comments section, and use the "gifts/family and friends" option....do not use goods and services
Still, paypal algorithms starting to catch on....if they see a recurring period when funds are sent that are all same cost and then a concurrent payout to people in that same group.
A11dAtP0w3R
Dumpster Fire Diver
- Oct 18, 2013
- 95,200
- 139,834
- AFL Club
- Melbourne
- Other Teams
- Carolina Panthers
yea money laundering and them not getting a cut would be the reasons. Put drug deals under "fantasy" etc
A11dAtP0w3R
Dumpster Fire Diver
- Oct 18, 2013
- 95,200
- 139,834
- AFL Club
- Melbourne
- Other Teams
- Carolina Panthers
thats brutal, poor bastard
Exe Gesis
Kylo was here
- Thread starter
- #1,986
It's weird because gambling sites accept paypal funds and payout winnings to a linked paypal account. Running a gambling business therefore is illegal.
But even if youre not taking a rake and not advertising paypal, many getting caught for small time "friends only" leagues.
Paypal is not a bank, people misinformed. All money in paypal belongs to paypal. You are lucky if they let you keep it. Why people should never let money sit in there, or let it collect higher and higher
New US laws for businesses, paypal etc must report all transactions over $600 to the IRS ....yeah but theyre still cracking down on small friends leagues, etc.
But even if youre not taking a rake and not advertising paypal, many getting caught for small time "friends only" leagues.
Paypal is not a bank, people misinformed. All money in paypal belongs to paypal. You are lucky if they let you keep it. Why people should never let money sit in there, or let it collect higher and higher
New US laws for businesses, paypal etc must report all transactions over $600 to the IRS ....yeah but theyre still cracking down on small friends leagues, etc.
Dixie Flatline
Moderator
- Jun 3, 2005
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- Cartagena C.F., NYJ, A's
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- #1,987
The operators of the gambling sites do deals with PayPal.
