1. #1
    msdw1
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    Sportsbook funds after death

    I have enough money in my accounts for them to be worthwhile to include in my will. Will my benefactors have any issues getting access to my accounts after I die?

  2. #2
    Hareeba!
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    I suspect that largely depends on the merit of the books you deal with and whether your executors know of the existence of your accounts and how to access them.

  3. #3
    msdw1
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    Quote Originally Posted by Hareeba! View Post
    I suspect that largely depends on the merit of the books you deal with and whether your executors know of the existence of your accounts and how to access them.
    If I specify the funds in the will with book names, account numbers, and passwords, then I know they have the info to contact the books. The larger issue is whether the books will comply with my will. I wonder if they would comply if my benefactors showed them my will and account info. Books always state that payouts can only be made in the name of the account holder.

    Maybe it is easier to give my account info to my benefactors and have them impersonate me to get my payouts.

  4. #4
    Hareeba!
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    Quote Originally Posted by msdw1 View Post
    Maybe it is easier to give my account info to my benefactors and have them impersonate me to get my payouts.
    Certainly the best option.
    I've instructed my family to withdraw all funds immediately and not tell the books of my death or incapacity.
    No need for any complications.

  5. #5
    topgame85
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    Don't keep large figures in any book offshore exception being pinnacle if you are a non us player

  6. #6
    ffeafeaaaaaaaaa
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    Dont keep large figures in any book offshore, EVEN if it is pinnacle. If you passed away, leave instructions not to announce your dead and have them withdraw all the funds on your name.

    Finally, enjoy life my friend, it is true what they say... its too short.

  7. #7
    Counterfeit Cash
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    This is truly a unique topic...

  8. #8
    donjuan
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    I have enough money in my accounts for them to be worthwhile to include in my will. Will my benefactors have any issues getting access to my accounts after I die?
    Quote Originally Posted by Hareeba! View Post
    I suspect that largely depends on the merit of the books you deal with and whether your executors know of the existence of your accounts and how to access them.
    Further proof that your English comprehension is atrocious.

  9. #9
    Hareeba!
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    Quote Originally Posted by donjuan View Post
    Further proof that your English comprehension is atrocious.
    Too much to hope that you could possibly add anything useful to the discussion I suppose ?

  10. #10
    brettels
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    Withdraw it and bank it just to be safe

  11. #11
    Hareeba!
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    Quote Originally Posted by brettels View Post
    Withdraw it and bank it just to be safe


    so how does one continue playing without funds in one's account ?

  12. #12
    lukahh
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    this must be extra income for books
    feels like swiss banks with ww2 money....

  13. #13
    brettels
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    Quote Originally Posted by Hareeba! View Post


    so how does one continue playing without funds in one's account ?
    starting fresh with a new deposit or maybe for example if this person has 50,000 in the account withdraw 49,000 and keep playing with 1000 left in there either way player is satisfied. what a stupid question. "pardon the pun"

  14. #14
    Hareeba!
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    Quote Originally Posted by brettels View Post
    starting fresh with a new deposit or maybe for example if this person has 50,000 in the account withdraw 49,000 and keep playing with 1000 left in there either way player is satisfied. what a stupid question. "pardon the pun"
    I agree that one shouldn't leave more in an account than is required for relatively short term betting needs. But are there really people who leave $50k in an account if $1,000 is all they're likely to be betting in the next fortnight or so?

    And I'm fortunate in that it doesn't cost me to deposit and withdraw like those poor sods in the US who I can understand would find it far more economic to leave funds with a book than continually be withdrawing and depositing.

    But all that aside, the problem for a deceased's family/executor is the same whether the balance is $1k or $50k .. only the degree is different.

  15. #15
    wtt0315
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    dont die is the easiest way

  16. #16
    Jontheman
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    Quote Originally Posted by wtt0315 View Post
    dont die is the easiest way
    ...and now you just need to tell us how you plan to become immortal

  17. #17
    GoldenRichards
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    If there is a lot of money in offshore accounts, it is important to leave detailed instructions on how to withdraw.

  18. #18
    moneyordoh
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    withdraw the money and leave it in the bank sorted

  19. #19
    jozomir
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    Don't give your money to banks, they are thieves and bloodsuckers.

  20. #20
    magynuck
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    here is what i do

    1. detailed directions on how to access money available to 2 different trusted sources

    2. try to keep exposure to offshore market at under 150k

  21. #21
    Salamander
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    Leave a copy of an SBR complaint form in your will if the books don't respond?

  22. #22
    hhsilver
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    The original question is an important one - and some, though not all, here are treating that way.
    I'm surprised I never saw it come up here before. Has anyone ever discussed this with a manager from a book?

    Think of all the SBR posters who have disappeared. I imagine some are dead. ( don't forget to leave instructions for your loved ones to spend your points)

  23. #23
    SBR Lou
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    Quote Originally Posted by hhsilver View Post
    The original question is an important one - and some, though not all, here are treating that way. I'm surprised I never saw it come up here before. Has anyone ever discussed this with a manager from a book? Think of all the SBR posters who have disappeared. I imagine some are dead. ( don't forget to leave instructions for your loved ones to spend your points)
    It's come up a few times before. I'm sure someone might be able to find it.

    A death certificate, proof that you are next of kin should be all that is needed to withdraw the funds. Leaving the details in a will likely expedites the process as well.

  24. #24
    cloudagh
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    Come on fellas, this is not that hard. You don't leave it in a will and you sure don't tell any bank or sportsbook you are dead NOT until after all the money moves are complete. You never tell the sportsbook squat. Have someone designated to withdraw "as usual" and this matter is resolved.

  25. #25
    Justin7
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    Quote Originally Posted by Lou View Post
    It's come up a few times before. I'm sure someone might be able to find it.

    A death certificate, proof that you are next of kin should be all that is needed to withdraw the funds. Leaving the details in a will likely expedites the process as well.
    Books will pay out with proof of death, and proof that someone is entitled to the money. The trickier part is making sure your family knows about your accounts on your death. You might keep a master list of accounts in a security box at the bank.

  26. #26
    donjuan
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    Quote Originally Posted by Hareeba! View Post
    Too much to hope that you could possibly add anything useful to the discussion I suppose ?
    Too much to ask that you actually read posts before responding to them, clearly.

  27. #27
    wrongturn
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    The death certificate won't work if you use fake names, beards, remote control, etc. So plan ahead.

  28. #28
    Hareeba!
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    Quote Originally Posted by cloudagh View Post
    Come on fellas, this is not that hard. You don't leave it in a will and you sure don't tell any bank or sportsbook you are dead NOT until after all the money moves are complete. You never tell the sportsbook squat. Have someone designated to withdraw "as usual" and this matter is resolved.
    Concur 100%

    Specifying account details and logins etc. in your will surely will result in the need for numerous (costly ?) updates to your will as you change passwords, open new accounts, close old ones etc.

    Maintain an up-to-date file of all these details and any specific issues regarding withdrawals from them. Don't forget your e-wallets either.

  29. #29
    Hareeba!
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    Quote Originally Posted by donjuan View Post
    Too much to ask that you actually read posts before responding to them, clearly.
    not worth attempting any explanation to you

    just another useless post intended to do nothing more than insult me

  30. #30
    donjuan
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    Quote Originally Posted by Hareeba! View Post
    not worth attempting any explanation to you

    just another useless post intended to do nothing more than insult me
    It's useful to anyone who is new here who might think you actually know what you're talking about.

  31. #31
    Hareeba!
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    Quote Originally Posted by donjuan View Post
    It's useful to anyone who is new here who might think you actually know what you're talking about.
    I hereby invite anyone new here to let me know if there's anything I've posted with which you disagree. I'm only too pleased to have a civil discussion about it.

    Further, please let us know if you've managed to learn anything at all from donjuan.

  32. #32
    sideloaded
    staring into the abyss
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    Quote Originally Posted by Hareeba! View Post
    I hereby invite anyone new here to let me know if there's anything I've posted with which you disagree. I'm only too pleased to have a civil discussion about it.

    Further, please let us know if you've managed to learn anything at all from donjuan.
    I know you spam the sh_t out of many threads in this subforum that everyone has to troll through.

  33. #33
    Hareeba!
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    Quote Originally Posted by sideloaded View Post
    I know you spam the sh_t out of many threads in this subforum that everyone has to troll through.
    "spam the sh_t out" ?

    pretty hard to respond intelligently to that

    please let me know which of my comments you disagree with

  34. #34
    althelegend
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    Live a healthy life style. Retire from gambling and withdraw your funds from all books while you are still in full possession of your faculties. Enjoy retirement. Travel. Spend your money. Do not leave a problem.

  35. #35
    bigugly
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    Quote Originally Posted by althelegend View Post
    Live a healthy life style. Retire from gambling and withdraw your funds from all books while you are still in full possession of your faculties. Enjoy retirement. Travel. Spend your money. Do not leave a problem.
    Also don't die unexpectedly...

    Hareeba! is one of the best posters on the forum, and unlike so many he's not a dick.

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