If we die, will the books give our account $ to our spouses/beneficiary?

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Bongo
    Restricted User
    • 01-22-11
    • 134

    #1
    If we die, will the books give our account $ to our spouses/beneficiary?
    Or do the books just keep it?
  • TheCentaur
    SBR Hall of Famer
    • 06-28-11
    • 8108

    #2
    That's creepy, I was just thinking about that earlier. Hope you have a safe holidays
    Comment
    • DwightShrute
      SBR Aristocracy
      • 01-17-09
      • 103379

      #3
      you have 8 points
      Comment
      • Sdotbold
        SBR MVP
        • 12-24-09
        • 1444

        #4
        Originally posted by DwightShrute
        you have 8 points

        what does 8 pts have to do with this question? i would like to know also.

        Dwight arent you affilated in some way with justbet? what would they do in a situation such as this?
        Comment
        • BIGDAY
          SBR Aristocracy
          • 02-17-10
          • 48245

          #5
          I showed my wife how to log on and withdraw funds. That easy.
          Comment
          • Bongo
            Restricted User
            • 01-22-11
            • 134

            #6
            Originally posted by DwightShrute
            you have 8 points
            6 now as I just gave 25% of my points to the Peep Memorial Fund.

            You have 262. Are you planning on making a donation?
            Comment
            • DwightShrute
              SBR Aristocracy
              • 01-17-09
              • 103379

              #7
              Originally posted by BIGDAY
              I showed my wife how to log on and withdraw funds. That easy.
              this
              Comment
              • ebbearsfb1
                SBR Posting Legend
                • 12-07-08
                • 18815

                #8
                i was actually wondering the same thing
                Comment
                • nikossf
                  SBR MVP
                  • 03-02-10
                  • 2217

                  #9
                  Originally posted by BIGDAY
                  I showed my wife how to log on and withdraw funds. That easy.


                  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
                  • warriorfan707
                    SBR Posting Legend
                    • 03-29-08
                    • 13698

                    #10
                    Good question
                    Comment
                    • dom75
                      SBR Wise Guy
                      • 10-11-10
                      • 779

                      #11
                      Screw 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
                      • FreeFall
                        SBR MVP
                        • 02-20-08
                        • 3365

                        #12
                        they keep it you fool
                        Comment
                        • moses millsap
                          SBR Hall of Famer
                          • 08-25-05
                          • 8289

                          #13
                          Yeah, somebody posted elsewhere that Greek and 5dimes kept the balances in a situation last summer.
                          Comment
                          • sideloaded
                            SBR Hall of Famer
                            • 08-21-10
                            • 7561

                            #14
                            but who gets my pr0n collection when I die?
                            Comment
                            • jgray
                              SBR MVP
                              • 09-06-09
                              • 3599

                              #15
                              Originally posted by moses millsap
                              Yeah, somebody posted elsewhere that Greek and 5dimes kept the balances in a situation last summer.
                              Really? That's BS. If they present a death cert, by what right do they claim to be able to keep it?

                              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
                              • Br0nxer
                                SBR Posting Legend
                                • 03-25-11
                                • 13665

                                #16
                                Originally posted by FreeFall
                                they keep it you fool
                                Comment
                                • Mikail
                                  SBR Posting Legend
                                  • 07-19-09
                                  • 21689

                                  #17
                                  these books don't even wanna give you the money. you think they will payup if they have an excuse not too?
                                  Comment
                                  • TodayIsForgotten
                                    SBR Wise Guy
                                    • 06-19-06
                                    • 534

                                    #18
                                    How would the book know? From their standpoint you aren't logging in anymore. I don't think they check state obituaries.
                                    Comment
                                    • Sam Odom
                                      SBR Aristocracy
                                      • 10-30-05
                                      • 58063

                                      #19
                                      My eldest son has all of my offshore info - not so important these days tho
                                      Comment
                                      • DOMINATER
                                        SBR MVP
                                        • 12-10-09
                                        • 3698

                                        #20
                                        the 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 it
                                        Comment
                                        • davidchong
                                          SBR MVP
                                          • 02-10-06
                                          • 1806

                                          #21
                                          i have this in mind years ago...
                                          Comment
                                          • Bongo
                                            Restricted User
                                            • 01-22-11
                                            • 134

                                            #22
                                            Originally posted by TodayIsForgotten
                                            How would the book know? From their standpoint you aren't logging in anymore. I don't think they check state obituaries.
                                            I'm talking about if the spouse contacts the book and offers a copy of the death certificate. (We all know the books aren't going to go out of their way to find out what happened to people who have dormant accounts with cash in them, they only cold call if they want you to reup )

                                            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
                                            • excel
                                              Restricted User
                                              • 03-25-10
                                              • 4270

                                              #23
                                              I 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
                                              • lukahh
                                                SBR Wise Guy
                                                • 04-08-10
                                                • 941

                                                #24
                                                well, many of them have "inactivity fee" which effectively transfers your balance into theirs when you are not around anymore.
                                                Comment
                                                • Justin7
                                                  SBR Hall of Famer
                                                  • 07-31-06
                                                  • 8577

                                                  #25
                                                  I 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
                                                  • Bongo
                                                    Restricted User
                                                    • 01-22-11
                                                    • 134

                                                    #26
                                                    Thanks Justin7!
                                                    Comment
                                                    • MadTiger
                                                      SBR MVP
                                                      • 04-19-09
                                                      • 2724

                                                      #27
                                                      Originally posted by BIGDAY
                                                      I showed my wife how to log on and withdraw funds. That easy.
                                                      Everyone 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
                                                      • MadTiger
                                                        SBR MVP
                                                        • 04-19-09
                                                        • 2724

                                                        #28
                                                        Originally posted by excel
                                                        I 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.
                                                        ADW (advanced deposit wagering) setups in the USA have certain procedures in place for dormant accounts. I am not in that industry, so I don't know what the minimum standard is. One year dormant?
                                                        Comment
                                                        • gtboy
                                                          SBR Wise Guy
                                                          • 06-15-10
                                                          • 810

                                                          #29
                                                          funny 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. haha
                                                          Comment
                                                          • jackkkk2009
                                                            SBR MVP
                                                            • 07-13-09
                                                            • 1183

                                                            #30
                                                            For your safety reason, Don't so much money in ur SB account.
                                                            Comment
                                                            • Powderguy
                                                              SBR Hall of Famer
                                                              • 09-18-09
                                                              • 6939

                                                              #31
                                                              Tell the most significant figure in your life, not that difficult
                                                              Comment
                                                              • Deal With It
                                                                SBR High Roller
                                                                • 04-29-11
                                                                • 166

                                                                #32
                                                                If I gave my wife my user name & password, she would be wagering it and losing it while I'm still alive.
                                                                Comment
                                                                • kcburg
                                                                  SBR MVP
                                                                  • 12-30-10
                                                                  • 1219

                                                                  #33
                                                                  put all the relevant info in your safe with all the life insurance papers ect...
                                                                  Comment
                                                                  • elgreco
                                                                    SBR Wise Guy
                                                                    • 12-16-09
                                                                    • 988

                                                                    #34
                                                                    For 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
                                                                    • seaborneq
                                                                      SBR Posting Legend
                                                                      • 09-08-06
                                                                      • 22556

                                                                      #35
                                                                      Originally posted by elgreco
                                                                      For 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.org
                                                                      They won't come together and get it. Might as well send it to uncle Sam and save the drama.
                                                                      Comment
                                                                      Search
                                                                      Collapse
                                                                      SBR Contests
                                                                      Collapse
                                                                      Top-Rated US Sportsbooks
                                                                      Collapse
                                                                      Working...