Or do the books just keep it?
If we die, will the books give our account $ to our spouses/beneficiary?
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BongoRestricted User
- 01-22-11
- 134
#1If we die, will the books give our account $ to our spouses/beneficiary?
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TheCentaurSBR Hall of Famer
- 06-28-11
- 8108
#2That's creepy, I was just thinking about that earlier. Hope you have a safe holidaysComment -
DwightShruteSBR Aristocracy
- 01-17-09
- 103379
#3you have 8 pointsComment -
BIGDAYSBR Aristocracy
- 02-17-10
- 48245
#5I showed my wife how to log on and withdraw funds. That easy.Comment -
ebbearsfb1SBR Posting Legend
- 12-07-08
- 18815
#8i was actually wondering the same thingComment -
nikossfSBR MVP
- 03-02-10
- 2217
#9
HAHAHAHA...
Showed the wifey how to do this awhile back...even showed her where the log in and pw are kept for all... She just kinda looked at me and wondered why the hell I would show her all this..
then started looking through some of the sites and wanted to start placing some plays..Comment -
warriorfan707SBR Posting Legend
- 03-29-08
- 13698
#10Good questionComment -
dom75SBR Wise Guy
- 10-11-10
- 779
#11Screw that tell your closest buddy or family member. If ya let your wife in on your gambling then she'll know how much you have and how much she can get if ya get divorced.Comment -
FreeFallSBR MVP
- 02-20-08
- 3365
#12they keep it you foolComment -
moses millsapSBR Hall of Famer
- 08-25-05
- 8289
#13Yeah, somebody posted elsewhere that Greek and 5dimes kept the balances in a situation last summer.Comment -
sideloadedSBR Hall of Famer
- 08-21-10
- 7561
#14but who gets my pr0n collection when I die?Comment -
jgraySBR MVP
- 09-06-09
- 3599
#15
That said, if you guys are really concerned, just write all the account, logins, passwords, etc. on some paper, stick it in an envelope and put it in some place the Mrs. won't look unless you are dead. If you can't tell her about the gambling AND you have nowhere in your own house that she won't look, well, then you have much bigger issues. In that case **** her, I'd rather the book keep the money...Comment -
MikailSBR Posting Legend
- 07-19-09
- 21689
#17these books don't even wanna give you the money. you think they will payup if they have an excuse not too?Comment -
TodayIsForgottenSBR Wise Guy
- 06-19-06
- 534
#18How would the book know? From their standpoint you aren't logging in anymore. I don't think they check state obituaries.Comment -
Sam OdomSBR Aristocracy
- 10-30-05
- 58063
#19My eldest son has all of my offshore info - not so important these days thoComment -
DOMINATERSBR MVP
- 12-10-09
- 3698
#20the books nature is that like a vampire no chance in fact if anything depending whether he knows the wife and what they are worth he will say that you owed him at least a week or two of losses, that could total a dollar or ten grand lol. don't be surprised if he ends up banging her why he is at itComment -
davidchongSBR MVP
- 02-10-06
- 1806
#21i have this in mind years ago...Comment -
BongoRestricted User
- 01-22-11
- 134
#22)
With the poster Peep passing away, and from reading his history it doesn't seem that he kept his gambling activities away from his spouse/family (he had his own sports gambling forum I think). I don't think books allow "joint" accounts like a bank, but I would hope they would give our money to our spouses in the event we passed away.Comment -
excelRestricted User
- 03-25-10
- 4270
#23I would imagine books have some type of protocol for this. I would think they watch accounts with a substantial balance for activity. If they don't log in for say a year(maybe less) they will probably suspend them and put their money in the dead guy money fund. When someone who comes back asking why their account was suspended they just pull their money out of the dead guy money fund upon him proving his identity.Comment -
lukahhSBR Wise Guy
- 04-08-10
- 941
#24well, many of them have "inactivity fee" which effectively transfers your balance into theirs when you are not around anymore.Comment -
Justin7SBR Hall of Famer
- 07-31-06
- 8577
#25I contacted several books about this issue in the past. All of them agreed to pay the family, provided with 1. a death certificate, and 2. proof that the family is entitled to the money (e.g., via a will or other legal document).
The bigger problem is: how would a family find out about all a player's accounts? It might be a good idea to keep a list of active accounts in your safe deposit box with the account info.Comment -
BongoRestricted User
- 01-22-11
- 134
#26Thanks Justin7!Comment -
MadTigerSBR MVP
- 04-19-09
- 2724
#27Everyone should have a list of their accounts and passwords in the home safe, safety deposit box, or with your attorney. That way, there is no need for the sportsbooks to know that Joe BetBig Johnson is dead. He is just cashing out. (Wired to accounts where the spouse/significant other has access to the account by some means is the easiest way.)Comment -
MadTigerSBR MVP
- 04-19-09
- 2724
#28I would imagine books have some type of protocol for this. I would think they watch accounts with a substantial balance for activity. If they don't log in for say a year(maybe less) they will probably suspend them and put their money in the dead guy money fund. When someone who comes back asking why their account was suspended they just pull their money out of the dead guy money fund upon him proving his identity.Comment -
gtboySBR Wise Guy
- 06-15-10
- 810
#29funny i was thinking same thing. The best way is just show ur wife or some1 close how to withdraw the funds. These books don't want to pay u when ur alive, u think they will pay ur wife when ur dead. I showed my wife. type all instructions in doc. I mean I am still young but u can never tell what happens tomorrow. every little mony u have can sure benefit ur family.
if u have to hide it from ur wife then u should stop betting on sports. hahaComment -
jackkkk2009SBR MVP
- 07-13-09
- 1183
#30For your safety reason, Don't so much money in ur SB account.Comment -
PowderguySBR Hall of Famer
- 09-18-09
- 6939
#31Tell the most significant figure in your life, not that difficultComment -
Deal With ItSBR High Roller
- 04-29-11
- 166
#32If I gave my wife my user name & password, she would be wagering it and losing it while I'm still alive.Comment -
kcburgSBR MVP
- 12-30-10
- 1219
#33put all the relevant info in your safe with all the life insurance papers ect...Comment -
elgrecoSBR Wise Guy
- 12-16-09
- 988
#34For the technically inclined, you can put all your personal info into a Truecrypt container and give out sections of the passwords to your friends and family. I just got done going through this. Now if I die unexpectedly, all it takes is for them to get together and unlock the info on everything I own and every account I have.
TrueCrypt is free open-source disk encryption software for Windows, Mac OS X and Linux. In case an attacker forces you to reveal the password, TrueCrypt provides plausible deniability. In contrast to file encryption, data encryption performed by TrueCrypt is real-time (on-the-fly), automatic, transparent, needs very little memory, and does not involve temporary unencrypted files.Comment -
seaborneqSBR Posting Legend
- 09-08-06
- 22556
#35For the technically inclined, you can put all your personal info into a Truecrypt container and give out sections of the passwords to your friends and family. I just got done going through this. Now if I die unexpectedly, all it takes is for them to get together and unlock the info on everything I own and every account I have.
www.truecrypt.orgComment
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