illegal to have money at a book or send money

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  • Puppy
    SBR MVP
    • 11-23-11
    • 1994

    #1
    illegal to have money at a book or send money
    what if you have money at a book. is that illegal by us law?
  • SBR Lou
    BARRELED IN @ SBR!
    • 08-02-07
    • 37863

    #2
    There is a federal law that prohibits US banking institutions from knowingly facilitating transactions for online betting. Nothing in this law (the UIGEA) makes it illegal for a player to place sports bets.

    State laws vary - but the archaic anti-gaming laws are typically tried on people making book within the US, not making bets.
    Comment
    • QuantumLeap
      SBR Hall of Famer
      • 08-22-08
      • 6898

      #3
      Originally posted by SBR Lou
      There is a federal law that prohibits US banking institutions from knowingly facilitating transactions for online betting. Nothing in this law (the UIGEA) makes it illegal for a player to place sports bets.

      State laws vary - but the archaic anti-gaming laws are typically tried on people making book within the US, not making bets.
      What about the Federal Wire Act?
      Comment
      • Puppy
        SBR MVP
        • 11-23-11
        • 1994

        #4
        so one could fly to costa rica and deposit. then place bets from florida hmmm
        Comment
        • Justin7
          SBR Hall of Famer
          • 07-31-06
          • 8577

          #5
          Originally posted by QuantumLeap
          What about the Federal Wire Act?
          The Federal Wire Act makes it illegal to accept bets over the telephone, which has been interpreted as including the internet.

          It does *not* cover the placing of a wager. The Federal Wire Act has absolutely nothing in it preventing the placing of a bet. Too bad my gambling seminar isn't up on SBR TV anymore... It covered all that
          Comment
          • touchback
            SBR MVP
            • 02-08-12
            • 1227

            #6
            So as long as you dont use the callcenter option you are ok, is that what you are saying. So technically, I know this is silly, what if you had a friend by the phone and told him what you wanted and he said it to the clerk... or you could write your selections down and express service it and no problems... the wire act only applies to wagers placed over the phone from principle customer directly to principle service provider?
            Comment
            • NunyaBidness
              SBR Hall of Famer
              • 07-26-09
              • 9345

              #7
              Originally posted by touchback
              So as long as you dont use the callcenter option you are ok, is that what you are saying. So technically, I know this is silly, what if you had a friend by the phone and told him what you wanted and he said it to the clerk... or you could write your selections down and express service it and no problems... the wire act only applies to wagers placed over the phone from principle customer directly to principle service provider?
              He's saying the onus is on the one accepting the bet, not the one placing it.
              Comment
              • QuantumLeap
                SBR Hall of Famer
                • 08-22-08
                • 6898

                #8
                Originally posted by Justin7
                The Federal Wire Act makes it illegal to accept bets over the telephone, which has been interpreted as including the internet.

                It does *not* cover the placing of a wager. The Federal Wire Act has absolutely nothing in it preventing the placing of a bet. Too bad my gambling seminar isn't up on SBR TV anymore... It covered all that
                Thanks Justin7.

                Comment
                • thompsontw
                  SBR High Roller
                  • 03-07-10
                  • 165

                  #9
                  So if I cross the street in the middle do i get a ticket for jaywalking???
                  Comment
                  • vividjohn45
                    SBR Hall of Famer
                    • 11-21-10
                    • 6331

                    #10
                    this fed law applies to the offshore sportsbooks. not the player (bettor) http://www.gambling-law-us.com/Feder...protection.htm


                    here is another. http://www.gambling-law-us.com/Artic...t-Wire-Act.htm
                    .

                    for the most part the operator (book) is the one who takes the risk of the feds catching them.


                    but BetOnline is minimum 500 withdrawal. intertops 50 charge to withdrawal.
                    Comment
                    • Hareeba!
                      BARRELED IN @ SBR!
                      • 07-01-06
                      • 32917

                      #11
                      Originally posted by thompsontw
                      So if I cross the street in the middle do i get a ticket for jaywalking???
                      only if you don't get run down by a bus
                      Comment
                      • eleuropeano
                        SBR Sharp
                        • 05-06-11
                        • 392

                        #12
                        It should be made illegal to vote republican, so you don't have to try to decipher dumb laws like that.
                        Comment
                        • Coming Back!
                          SBR MVP
                          • 10-09-09
                          • 1470

                          #13
                          There are State Laws that prohibit "placing a wager". NY is not currently one of them
                          Comment
                          • TehSharp
                            SBR Wise Guy
                            • 08-22-11
                            • 704

                            #14
                            Originally posted by eleuropeano
                            It should be made illegal to vote republican, so you don't have to try to decipher dumb laws like that.

                            It's the left too. American politicians have always had this belief that they have to save Americans from themselves. It's amazing we are considered "free"

                            Who would I be hurting walking down the street smoking a fat one, accepting bets on the Super Bowl; while openly prostituting myself out in the process????

                            NO ONE!!!!!!!!

                            God Bless America
                            Comment
                            • relaaxx
                              SBR MVP
                              • 06-15-06
                              • 3282

                              #15
                              Originally posted by TehSharp
                              It's the left too. American politicians have always had this belief that they have to save Americans from themselves. It's amazing we are considered "free"

                              Who would I be hurting walking down the street smoking a fat one, accepting bets on the Super Bowl; while openly prostituting myself out in the process????

                              NO ONE!!!!!!!!

                              God Bless America
                              well put - but the left is less of a problem than the right. although still part of the problem. the only way to at least feel like you can be free here in the US, is to break laws and then not worry about what you did. most people worry to much to enjoy the freedom we are capable of obtaining without the goverments permission. break the laws. don't worry. if you get caught, then and only then do you have a reason to worry. if you can't break the laws without worrying, don't break the laws, just not worth it with the worrying. good luck to all breaking every law you disagree with. where ever you live.
                              Comment
                              • Microphone
                                SBR MVP
                                • 01-08-08
                                • 2950

                                #16
                                They're both problems. It's called government.
                                Comment
                                • BestPicks
                                  SBR Hustler
                                  • 04-04-07
                                  • 65

                                  #17
                                  Originally posted by Coming Back!
                                  There are State Laws that prohibit "placing a wager". NY is not currently one of them
                                  where I can find a list of States that prohibit "placing a wager"?
                                  Comment
                                  • eleuropeano
                                    SBR Sharp
                                    • 05-06-11
                                    • 392

                                    #18
                                    UIGEA was created by republican congressmen, was sped up stealthily through Congress concealed in a Port Authority legislation just before the 2006 elections by republican congressmen and was ultimately signed into law by a republican president. A democrat congressman (Barney Frank) actually tried to reverse the bill, but was unsuccessful in the Republican controlled House. So it is not all the same.

                                    Furthermore, I think the belief that all politicians are scum and there is nothing you can do about it and just have to bend over whenever they have something on their mind is a fallacy.

                                    True, most are scums. But all of them depend on the vote of the people for their job. So as long as they feel their job is safe, they do whatever they like (or, whatever lobbyist tell them). But when they feel the heat of people's discontent up their ass they are able to miraculously see the word in a different light. How quickly was SOPA flushed when enough people started protesting against it?
                                    Comment
                                    • infamousbacardi
                                      SBR MVP
                                      • 03-16-08
                                      • 4556

                                      #19
                                      Originally posted by eleuropeano
                                      It should be made illegal to vote republican, so you don't have to try to decipher dumb laws like that.
                                      Originally posted by eleuropeano
                                      UIGEA was created by republican congressmen, was sped up stealthily through Congress concealed in a Port Authority legislation just before the 2006 elections by republican congressmen and was ultimately signed into law by a republican president. A democrat congressman (Barney Frank) actually tried to reverse the bill, but was unsuccessful in the Republican controlled House. So it is not all the same. Furthermore, I think the belief that all politicians are scum and there is nothing you can do about it and just have to bend over whenever they have something on their mind is a fallacy. True, most are scums. But all of them depend on the vote of the people for their job. So as long as they feel their job is safe, they do whatever they like (or, whatever lobbyist tell them). But when they feel the heat of people's discontent up their ass they are able to miraculously see the word in a different light. How quickly was SOPA flushed when enough people started protesting against it?
                                      I've always voted Republican and always will...yet I'm very socially liberal. Prostitution? Should be legal. Pot? Legalize it. Abortion? Support it. Sports betting? Legalize it too.
                                      However, and here's the glaring hole in your reductive argument...If you think that someone wanting sports betting legalized is a big enough reason to vote against a party by itself, then you have an addiction and need help.
                                      My issue with the left has absolutely nothing to do with their social beliefs regarding the above mentioned topics...however, if you choose to extend unemployment, buy car manufacturers, and spend my future grandchildren's money wrecklessly, we have a problem. A much bigger problem than me not being able to place a wager on the Pacers to beat the Cavs tonight.

                                      Nonetheless, the point is well taken. Sports betting should be legalized.
                                      Comment
                                      • scott235
                                        SBR Sharp
                                        • 10-12-09
                                        • 465

                                        #20
                                        ...not to be a stick in the mud, but it IS ILLEGAL to wager online (more precisely, to fund) from the U.S., and is stated as such in UIGEA...However, as in using a local to bet, this is far down on the list of priorities for Law enforcement thankfully for the time being. (cops like to bet too!). As I'm sure to be attacked for not shilling for the industry, I rec you read the law in detail yourself.
                                        Comment
                                        • durito
                                          SBR Posting Legend
                                          • 07-03-06
                                          • 13173

                                          #21
                                          Originally posted by scott235
                                          ...not to be a stick in the mud, but it IS ILLEGAL to wager online (more precisely, to fund) from the U.S., and is stated as such in UIGEA...However, as in using a local to bet, this is far down on the list of priorities for Law enforcement thankfully for the time being. (cops like to bet too!). As I'm sure to be attacked for not shilling for the industry, I rec you read the law in detail yourself.
                                          You might want to read it again.
                                          Comment
                                          • scott235
                                            SBR Sharp
                                            • 10-12-09
                                            • 465

                                            #22
                                            Originally posted by durito
                                            You might want to read it again.
                                            ...right on cue! Puppy...read it. The language is not ambivalent. GL @ bye
                                            Comment
                                            • flyingillini
                                              SBR Aristocracy
                                              • 12-06-06
                                              • 41222

                                              #23
                                              This is why Puppy is smart by using Bitcoin only with your book from now on.
                                              המוסד‎
                                              המוסד למודיעין ולתפקידים מיוחדים‎
                                              Comment
                                              • relaaxx
                                                SBR MVP
                                                • 06-15-06
                                                • 3282

                                                #24
                                                what is more wasteful than war. and the republicans never met a war they did not like. in FACT , they will lie to get us into one(irag). i could live with the republican party going away. but since they are by far the richest party with the most power because of the money. we are stuck with them. and the left{democrats) have to bow(because they want a piece) to their power and money. they are the 1%. along with the other 9% that have the pie. the rest of us have crumbs. just cracks me up when another pauper admits he votes republican because the left squanders money.
                                                Comment
                                                • infamousbacardi
                                                  SBR MVP
                                                  • 03-16-08
                                                  • 4556

                                                  #25
                                                  Originally posted by relaaxx
                                                  what is more wasteful than war. and the republicans never met a war they did not like. in FACT , they will lie to get us into one(irag). i could live with the republican party going away. but since they are by far the richest party with the most power because of the money. we are stuck with them. and the left{democrats) have to bow(because they want a piece) to their power and money. they are the 1%. along with the other 9% that have the pie. the rest of us have crumbs. just cracks me up when another pauper admits he votes republican because the left squanders money.

                                                  It takes a strong person to vote for what they believe in rather than what benefits them most personally. We should all strive to be the 1%, not settle for "crumbs" and being content with not reaching your full potential.

                                                  It seems you could stand to learn a great deal from that 1%.

                                                  And GTFO with that overplayed war nonsense. If you had 1 ounce of the information they had that was believed by most you would have made the same decision. They had without a doubt already violated the regulations that had been placed on them by the UN anyway you want to look at it.

                                                  You would just rather believe what you've heard than think for yourself.

                                                  Have a good day.
                                                  Comment
                                                  • ToPHeR
                                                    SBR MVP
                                                    • 12-06-11
                                                    • 1326

                                                    #26
                                                    Government of peace
                                                    Comment
                                                    • relaaxx
                                                      SBR MVP
                                                      • 06-15-06
                                                      • 3282

                                                      #27
                                                      Originally posted by infamousbacardi
                                                      It takes a strong person to vote for what they believe in rather than what benefits them most personally. We should all strive to be the 1%, not settle for "crumbs" and being content with not reaching your full potential.

                                                      It seems you could stand to learn a great deal from that 1%.

                                                      And GTFO with that overplayed war nonsense. If you had 1 ounce of the information they had that was believed by most you would have made the same decision. They had without a doubt already violated the regulations that had been placed on them by the UN anyway you want to look at it.

                                                      You would just rather believe what you've heard than think for yourself.

                                                      Have a good day.
                                                      nothing wrong with disagreeing. noone gets in the 1%, you are born in. there should not even be a 1%. talk about thinking for yourself - "If you had 1 ounce of the information they had that was believed by most you would have made the same decision". -- and that's how republicans know what to do and say--- they are told how to think. what most think doesn't make it true. being in the majority is not an assurance of being right. they are just in the majority. we both have better things to do than go back and forth. i will not reply to/if you respond, unless asked. good luck to you beating books.
                                                      Comment
                                                      • danger
                                                        SBR Rookie
                                                        • 03-15-09
                                                        • 39

                                                        #28
                                                        > It does *not* cover the placing of a wager. The Federal Wire Act has absolutely nothing in it preventing
                                                        > the placing of a bet.

                                                        Justin, can you clarify? I don't see anything in the text that differentiates placing versus accepting. To me, it seems like placing a bet would fall under using a wire communication for the transmission of bets. Do you have any links to legal documents that support what you say?



                                                        Whoever being engaged in the business of betting or wagering knowingly uses a wire communication facility for the transmission in interstate or foreign commerce of bets or wagers or information assisting in the placing of bets or wagers on any sporting event or contest, or for the transmission of a wire communication which entitles the recipient to receive money or credit as a result of bets or wagers, or for information assisting in the placing of bets or wagers, shall be fined under this title or imprisoned not more than two years, or both.

                                                        Trimming this to the relevant text:

                                                        Whoever being engaged in the business of betting or wagering knowingly uses a wire communication facility for the transmission in interstate or foreign commerce of bets or wagers shall be fined under this title or imprisoned not more than two years, or both.
                                                        Comment
                                                        • Hareeba!
                                                          BARRELED IN @ SBR!
                                                          • 07-01-06
                                                          • 32917

                                                          #29
                                                          Originally posted by danger
                                                          > It does *not* cover the placing of a wager. The Federal Wire Act has absolutely nothing in it preventing
                                                          > the placing of a bet.

                                                          Justin, can you clarify? I don't see anything in the text that differentiates placing versus accepting. To me, it seems like placing a bet would fall under using a wire communication for the transmission of bets. Do you have any links to legal documents that support what you say?



                                                          Whoever being engaged in the business of betting or wagering knowingly uses a wire communication facility for the transmission in interstate or foreign commerce of bets or wagers or information assisting in the placing of bets or wagers on any sporting event or contest, or for the transmission of a wire communication which entitles the recipient to receive money or credit as a result of bets or wagers, or for information assisting in the placing of bets or wagers, shall be fined under this title or imprisoned not more than two years, or both.

                                                          Trimming this to the relevant text:

                                                          Whoever being engaged in the business of betting or wagering knowingly uses a wire communication facility for the transmission in interstate or foreign commerce of bets or wagers shall be fined under this title or imprisoned not more than two years, or both.
                                                          perhaps a mere punter isn't "engaged in ... business"?
                                                          Comment
                                                          • RawBillyIce
                                                            SBR MVP
                                                            • 02-08-12
                                                            • 2036

                                                            #30
                                                            Tax evasion technically only illegal thing for player. So if u wire 1k. And turn it into 25k...legally u r suposedto pay taxes on your winnings
                                                            Comment
                                                            • Art Vandeleigh
                                                              SBR MVP
                                                              • 12-31-06
                                                              • 1494

                                                              #31
                                                              How sports betting at sportsbooks which are legal and licensed in their countries is seen as anti-societal behavior, is still not somethng I can understand. How this act (sports betting) is different than other trading, such as currency trading, stock option trading, collectibles trading, etc....is beyond me.

                                                              If you're not hurting yourself, if you're not hurting those around you, and if you're not hurting society (pay your taxes!), where is society's justification to demand compensation from you in the form of fines or prison time? Where the h e double hockey sticks is the justification!!!
                                                              Comment
                                                              • Joe Dogs
                                                                SBR MVP
                                                                • 07-20-09
                                                                • 1931

                                                                #32
                                                                Thank God sports betting will soon be a reality in N.J.

                                                                I,m getting tired of all this cloak and dagger crap.
                                                                Comment
                                                                • Justin7
                                                                  SBR Hall of Famer
                                                                  • 07-31-06
                                                                  • 8577

                                                                  #33
                                                                  Originally posted by danger
                                                                  > It does *not* cover the placing of a wager. The Federal Wire Act has absolutely nothing in it preventing
                                                                  > the placing of a bet.

                                                                  Justin, can you clarify? I don't see anything in the text that differentiates placing versus accepting. To me, it seems like placing a bet would fall under using a wire communication for the transmission of bets. Do you have any links to legal documents that support what you say?



                                                                  Whoever being engaged in the business of betting or wagering knowingly uses a wire communication facility for the transmission in interstate or foreign commerce of bets or wagers or information assisting in the placing of bets or wagers on any sporting event or contest, or for the transmission of a wire communication which entitles the recipient to receive money or credit as a result of bets or wagers, or for information assisting in the placing of bets or wagers, shall be fined under this title or imprisoned not more than two years, or both.

                                                                  Trimming this to the relevant text:

                                                                  Whoever being engaged in the business of betting or wagering knowingly uses a wire communication facility for the transmission in interstate or foreign commerce of bets or wagers shall be fined under this title or imprisoned not more than two years, or both.
                                                                  You need to read the definition of "gambling information" in the Wire Act. Gambling information does not mean what common sense says.
                                                                  Comment
                                                                  • rkelly110
                                                                    BARRELED IN @ SBR!
                                                                    • 10-05-09
                                                                    • 39410

                                                                    #34
                                                                    I don't know, I see a whole lot of hypocrisy. We can deposit and bet off line and on line
                                                                    for horses, but can't for sports? Sports betting can only be done in Las Vegas? Casino's
                                                                    popping up in almost every state, almost every state has a lottery?

                                                                    Sounds like our dumb ass elected officials have alzheimer's or they need a lobbyist to give
                                                                    them some money. I'm guessing the later.
                                                                    Comment
                                                                    • mbrenes
                                                                      SBR Hustler
                                                                      • 12-10-11
                                                                      • 68

                                                                      #35
                                                                      Originally posted by Joe Dogs
                                                                      Thank God sports betting will soon be a reality in N.J.

                                                                      I,m getting tired of all this cloak and dagger crap.
                                                                      You are saying betting on sports will be legal in NJ actually ???
                                                                      Comment
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