Dying and your Sports Book(s) Accounts

[RudyRuetigger]

I'm with Rudy on this. Give someone all the info they need to withdraw your money. Simple. Obviously you have to trust them. But if you don't have someone you can trust with that info who really cares what happens to the money anyways.
There are a couple stories of crypto millionaires dying without leaving their private keys with anyone. Those millions are gone forever.
Good thread. I'd never thought about this.

no, you dont have to give that info to anyone


just save it on a usb/microsd with all instructions...wrap it in something titled VERY IMPORTANT...maybe in an envelope or zip lock bag


not that hard

[RudyRuetigger]

no, you dont have to give that info to anyone


just save it on a usb/microsd with all instructions...wrap it in something titled VERY IMPORTANT...maybe in an envelope or zip lock bag


not that hard

2 ways are the best

in the house and safety deposit box at the bank


yes, a safety deposit box at bank if you regularly keep money

[vivaporto]

Since there has been alot of traffic and conversation about dying lately, I would like to touch on a different aspect of the subject.......and ask some questions. What happens to your sportsbook betting accounts when you die?? Tough to get cash out of them when you are alive, prolly impossible for your heir after you die?? I imagine they would pretty much make it verrry difficult (at best.) Any known safeguards to take with them? Obviously no one has experienced this firsthand, but does anyone know of any second-hand instances, negative or positive? Anyone with input? Something for at least some of us to think about,
This is a serious question, please hold or direct wisecracks to a different forum or thread.

most sportsbook account are degenerate losing gamblers and when the degen dies its a big loss for the book.

crypto currency users are the ones that needs to take care of their deeds because if they die they money is just stays somewhere digital. ther are lots of guys/whales with big money in crypto. quadrigacx guy (if he really died or faked his death still remains a mistery) had 200+ million dollars in his account after he died and apparently he didn't leave the password to anyone. a study shows that there are over 2 billion dollars in bitcoin with no owners currently....some are dead, some forgot the password, some bought in when bitcoin was under 50 bucks and forgot about it and became multi millionaires only to die with no needs or to forge tthe password.

[KVB]

not sucking up to anyone...responding to sammy about trusting family....pay attention

Sorry Booya, you appear to be irrelevant collateral damage to that guy's awful attempt to troll me.

[ace7550]

I guess it depends a lot on how much money you have in the book. If it's 2k who gives a shit. If it's 50k I would contact the book and inquire about this exact situation.

no, you dont have to give that info to anyone


just save it on a usb/microsd with all instructions...wrap it in something titled VERY IMPORTANT...maybe in an envelope or zip lock bag


not that hard

I have a couple people in my life I trust enough to give a packet to with specific details. Selfie with photo ID and all.

[RudyRuetigger]

I guess it depends a lot on how much money you have in the book. If it's 2k who gives a shit. If it's 50k I would contact the book and inquire about this exact situation.


I have a couple people in my life I trust enough to give a packet to with specific details. Selfie with photo ID and all.

what?


if you have 50k somewhere

you are verified to cash out

they dont ask for a photo when you withdraw every time, this isnt instagram

just give them details on how to log into the device you use, and let them withdraw it



you do that, oh he died situation...youll be tied up 2 months MIN and probably have to tell them how to file a complaint at sbr

[newton0038]

Any withdraws from books to a bank AFTER the date of death will either not be honored as the bank has closed the account(s) or if it is still active and there was unusual/offshore activity AFTER date of death that will for sure garner the attention of the bank's fraud division and/or the FBI as the bank will be looking at any activity after date of death especially if they were not notified for say 2 weeks after death. Cant fuk around with an estate, all eyes on executor.

[RudyRuetigger]

Any withdraws from books to a bank AFTER the date of death will either not be honored as the bank has closed the account(s) or if it is still active and there was unusual/offshore activity AFTER date of death that will for sure garner the attention of the bank's fraud division and/or the FBI as the bank will be looking at any activity after date of death especially if they were not notified for say 2 weeks after death. Cant fuk around with an estate, all eyes on executor.

you withdraw to bitcoin bro

a third party bitcoin no less

[captrobey]

Since there has been alot of traffic and conversation about dying lately, I would like to touch on a different aspect of the subject.......and ask some questions. What happens to your sportsbook betting accounts when you die?? Tough to get cash out of them when you are alive, prolly impossible for your heir after you die?? I imagine they would pretty much make it verrry difficult (at best.) Any known safeguards to take with them? Obviously no one has experienced this firsthand, but does anyone know of any second-hand instances, negative or positive? Anyone with input? Something for at least some of us to think about,
This is a serious question, please hold or direct wisecracks to a different forum or thread.

I think JJ Gold gets them when you die pretty sure it works that way.

Actually i would think if i died they would just keep the money after i have not touched it for awhile being an offshore book. Even if i had a large amount in there my wife would not have the slightest clue where to go or what to do to get the money out. I would think that would be the same with most accounts. I guess another question is how long would a book leave cash in there before they touch it. They would have to verify the death .

I know that is doable because dealing with Medicare clients at times the only way i know at times to stop a debit from a client that passed is from an obit . Sometimes a payment just stops then you look for the name in the obits to see if they died.I would think it would be the same with a sportsbook.

[seaborneq]

Yeah, any advice to attempt to defraud the book that is given in this thread is terrible.

All they have to do is ask for another pic and it's over, Funds could be confiscated due to fraud.

Going the fraudulent route very stupid when it's not necessary.

Rudy works for the books. He wants everyone's money lost forever through fraud.

[seaborneq]

you save the fukkin usb/microsd in your safe or important area so that they find it when you die

pay attention

Dammit Rudy. You might be on to something. Send me ALL of your usernames, passwords and pin numbers and I will try to withdraw from your account and see how it works. Why wait until you are dead to find out??

[Optional]

I guess another question is how long would a book leave cash in there before they touch it.

Starting 4 or 5 years ago European books started adding terms to say they could take an account handling fee every month after 12 months of no activity, or similar rules.

Not ethical imho.

[seaborneq]

Starting 4 or 5 years ago European books started adding terms to say they could take an account handling fee every month after 12 months of no activity, or similar rules.

Not ethical imho.

They should keep ALL of the money if it's inactive for a lengthy period of time. That's what storage sheds do when they don't hear from their customers after a period of time with no pay. Can't store your money and not do anything with it. It's not a bank.

[Hu$tle]

Lol we barely get paid alive

[d2bets]

I would expect that a legit sportsbook would distribute to a legally appointed representative of a deceased account holder's estate (aka probate). When probate is opened, the court appoints a representative (aka executor) to stand in the shoes of the decedent to collect assets, pay debts and distribute to heirs/beneficiaries. If the rep sends a court-certified document evidencing appointment, the book should be able to make a check payable to the representative of the estate.

[seaborneq]

I would expect that a legit sportsbook would distribute to a legally appointed representative of a deceased account holder's estate (aka probate). When probate is opened, the court appoints a representative (aka executor) to stand in the shoes of the decedent to collect assets, pay debts and distribute to heirs/beneficiaries. If the rep sends a court-certified document evidencing appointment, the book should be able to make a check payable to the representative of the estate.

These are illegal sports books, not federally backed banks. The books play by their own rules. He who has the gold makes the rules. The books say no shared accounts, that's what it means, no one else is withdrawing money but you.

[Optional]

They should keep ALL of the money if it's inactive for a lengthy period of time. That's what storage sheds do when they don't hear from their customers after a period of time with no pay. Can't store your money and not do anything with it. It's not a bank.

Some do.

18bet will take your entire balance if you dont bet for 6 months.

But its not legal under common law for a private company to fine you or take your money without just cause. The maximum any book should take should be no moe than their actual account keeping costs. Which is what books like Bet365 claim to do. Not sure how it costs 5% per month to hold my money though

[d2bets]

These are illegal sports books, not federally backed banks. The books plays by their own rules. He who had the gold makes the rules. The books say no shared accounts, that's what it means, no one else is withdrawing money but you.

Do you know this for a fact? I wouldn't call this a "shared" account. An executor stands in the shoes of someone who has died - essentially they are that person for purposes of winding up their affairs.

[KVB]

These are illegal sports books, not federally backed banks. The books plays by their own rules. He who had the gold makes the rules...

Not really though.

If they aren't facing US style issues, many are regulated under a jurisdiciton that requires licensing, etc.

They have procedures, legal remedies, to deal with a lot of this.

Some are even publicly traded, which really creates liability and regulation.

[KVB]

...The books say no shared accounts, that's what it means, no one else is withdrawing money but you.

Agreed.

Until there is proof of death and an estate starts seeking it.

That's why trying to have someone else act on it after death as if it was the deceased could basically forfeit the money. End of story save a crazy legal battle.

[seaborneq]

I'm pretty sure a death certificate means nothing to a sportsbook.

[KVB]

I'm pretty sure a death certificate means nothing to a sportsbooks.

The estate is the estate and the books have to follow rules if they want to be books.

I'm sure the flly by night crooks don't care, but I doubt anyone with these matter is very invested in those.

The real books, the ones that do want to be in the industry, are not only likely to deal with these matters, but have ways to as well.

[seaborneq]

Lol we barely get paid alive

Bingo. Enough hoops to jump through trying to get your own money out, let alone someone who has NEVER done it EVER before.

[seaborneq]

https://www.mytopsportsbooks.com/guide/withdrawing/

This is what happens to dormant accounts. The books win in the end if you die. They will get every dime in the account eventually through fees or seizure.

[ace7550]

Bingo. Enough hoops to jump through trying to get your own money out, let alone someone who has NEVER done it EVER before.

This is true. My wife trying to make a withdrawal from a book would be a complete shit show

[seaborneq]

I know someone has to have died before and let someone else trustworthy withdraw from their account. That's who I want to hear from. Where are those people?? Join the thread and tell us how it works.

[Optional]

https://www.mytopsportsbooks.com/guide/withdrawing/

This is what happens to dormant accounts. The books win in the end if you die. They will get every dime in the account eventually through fees or seizure.

Well yeah, that was kind of the entire point of the thread.

If you do not do anything the money will be lost.

I know someone has to have died before and let someone else trustworthy withdraw from their account. That's who I want to hear from. Where are those people?? Join the thread and tell us how it works.

Why would someone who probably does not gamble be reading this post?

You're barking up the wrong tree anyway. The only person who can legally claim your money after death is your executor. And they dont need passwords. Just a list of books the person used.

[newton0038]

you withdraw to bitcoin bro

a third party bitcoin no less

Yup, why I was stressing the bank account factor. Too many Bitcoin illiterate and get extremely jittery when they cant see the funds in the wallet 15 seconds fter hitting the submit button. Then the "where the fuk did my money go" questions start.

[milwaukee mike]

what book asks you to take a selfie?

what a dumbass


its ID, bills, bank acct, etc

not a goddamn selfie

coinbase asks that sometimes\


do you guys bet?

intertops just asked me for a selfie a few weeks ago for a btc withdrawal, even though i've played there for probably 10 years

[RudyRuetigger]

intertops just asked me for a selfie a few weeks ago for a btc withdrawal, even though i've played there for probably 10 years

wow

ridiculous news

maybe the female person was just hitting on you?


i had to resend my ID to 5dimes within the last 2 weeks even though ive been there a ton of years

[ace7550]

intertops just asked me for a selfie a few weeks ago for a btc withdrawal, even though i've played there for probably 10 years

I've never had this happen but it doesn't surprise me. I've had multiple crypto exchanges ask for this.
The last couple withdrawals I've done have been from skybook, Gtbets and betus. Skybook had me call in to verify my DOB, account number and password and the last 5 of the btc address. GT and betus wanted almost nothing.

[CappinTerp]

It happened to me once.....and got it all back !..................

[RudyRuetigger]

I've never had this happen but it doesn't surprise me. I've had multiple crypto exchanges ask for this.
The last couple withdrawals I've done have been from skybook, Gtbets and betus. Skybook had me call in to verify my DOB, account number and password and the last 5 of the btc address. GT and betus wanted almost nothing.

cryptos do it when you want to ACCELERATE a transfer

you can wait a few days and do it normal, assuming already verified and the person is actually dead



like i said, you should have a microsd/usb drive with all your info including your personal computer login info and gambling emails

not just crypto and sportsbook accounts

no hoops to go through for them

[PD77]

I've been through the process of administering an estate and the deceased's accounts were all located within the United States and it was not easy, it's a very slow process and the stress almost killed me. In the US, designated beneficiaries supersede a will. If there is no will, there is no executor. The court appoints an administrator to manage the estate. As administrator, I contacted all of the accounts and provided a death certificate and after that they would not speak to me unless it was through an attorney. They would not tell me who the beneficiaries were either. You see it all of the time, JoeBlow gets divorced, remarries but doesn't update his beneficiaries. Ten years down the line he croaks and x-wife gets everything. Now imagine a similar situation with an offshore sportsbook in Costa Rica that is already ignoring US law and will only benefit from the forfeiture your account balance? Yea good luck with that. Like someone said, it's hard enough to get paid when you are the actual person. I'm pretty sure they aren't turning it over to the unclaimed assets division of CR either.
The best advice I've read so far is to keep the majority of your bankroll in a Bitcoin cold storage wallet, with the log in details, recovery phrase, and instructions in a safe deposit box marked important. You keep the physical wallet at home so you can move money in and out but keep all of the details someone would need to use it and its location in the safe deposit box. As for the money left in the sportbooks, let it go. I wouldn't put anyone through the process of trying to recover that money, plus they probably don't even know you are gambling.

One other piece of advice, even if you don't think you need a last will and testament, at the very least, keep your account beneficiaries updated on your 401ks, life insurance, savings, etc. You won't care because you'll be dead but you'll make life much easier on someone else and the money will go exactly where you want it to go.

[milwaukee mike]

wow

ridiculous news

maybe the female person was just hitting on you?


i had to resend my ID to 5dimes within the last 2 weeks even though ive been there a ton of years

yeah and then after i sent a picture the sexting stopped