What we need - A buddy system

[emericj]

A guy needs a 'buddy' in a country where it's legal to wager over the 'net. Here's how I'd envision this to work (and I'm sure someone is currently working on setting something up and make a billion dollars).

The buddy in the US sends the buddy, in, say, the UK, where wagering is legal, money through PayPal or some other trusted service.

The buddy in the UK sets up an account with the book for the US buddy. The US buddy can then simply log in and place wagers as they please. When it comes time to cash out, the US buddy can make the request if s/he'd like or ask the UK buddy to pull the cash out. Either way, the money comes out and the UK buddy ships it back via PayPal, etc., to the US buddy.

Of course, the buddies in question would work out some compensation for the UK buddy's time and effort.

I know some would argue that even though the UK buddy set up the account, the US buddy will still have problems making wagers via the net due to a US based IP address. Well, maybe I'm naive, but I don't think these books are looking to track this at the IP level - after all, they are more concerned with what law was passed - to block the financial institution's transactions from US customers. They aren't out there scouting for a buddy system. And even if they knew it was going on, do you really think they'd shut it down? They aren't breaking rules that the new law includes.

Anyway, it would require a lot of trust between the US buddy and the UK buddy...but I'm just saying....who knows. Now does someone want to start up this service - matching up trustworthy buddies and retire in a few years? I'd go halfsies with you!

[Supplicium]

I researched something similar. I was thinking about setting up in Las Vegas and creating a website where users can paypal / other types "my" company money. Users would place bets on my site and "my" employees would go to the sportsbooks and physically place the bet. My venture stopped when people were talking about inter/outer state gambling and taxes so my idea kinda died there.

But overseas is another story.

[HOMEDAWG]

Kinda Like Opening A Swiss Bank Account... All You Need Is An Agent...

Even Better, You Have Total Control Of Your Money, Once It Is Opened!

Just Get Your "Buddy" To Open A Foreign Bank Account With Online Access, And You Take Total Control Of The Deposits/Withdraws From That Account! ( You Really Need To Trust This "Buddy")

Once The Account Is Established, You Can Deposit & Withdraw The Funds, To Anywhere In The World.


:gulp:

[yomonte]

I was in Vegas 4 years ago. A buddy that was the manager at the Hilton sports book told me that there was a guy that made bets for folks. I'm sure these were big bettors cause they had to make it worth his while. Vegas is a nice place to visit, but I would'nt want to live there. Actually, since I never go no where and stay at home all the time, it does'nt matter where I live LOL Plus, he would make extra money on guys that bet the opposite side and keep the bets and keep the juice. I'm in baby LOL

[BeyondTheGame]

Sounds like a good idea for you US blokes who have been hit with this absurd law.