1. #71
    Hareeba!
    Hareeba!'s Avatar Become A Pro!
    Join Date: 07-01-06
    Posts: 33,284
    Betpoints: 20531

    Quote Originally Posted by ace888 View Post
    would pinny really quit ?
    That surely depends on the reasons why Matchbook and Skrill have quit.

    If it's because of legal reasons, then there seems every chance that Pinnacle will follow.

    But nobody seems prepared to spell out why they are quitting.

  2. #72
    ace888
    ace888's Avatar Become A Pro!
    Join Date: 08-09-14
    Posts: 43
    Betpoints: 112

    Quote Originally Posted by Hareeba! View Post
    That surely depends on the reasons why Matchbook and Skrill have quit.

    If it's because of legal reasons, then there seems every chance that Pinnacle will follow.

    But nobody seems prepared to spell out why they are quitting.
    Probably it is about legal reasons since it is almost impossible for them to lose money by increasing the volume i think.

  3. #73
    OMGRandyJackson
    OMGRandyJackson's Avatar Become A Pro!
    Join Date: 02-07-10
    Posts: 1,680
    Betpoints: 4054

    What grey area? Can all of you experts please point to the criminal code of Canada where it says making single wager bets with offshore books is illegal?

    The only grey area that I am aware of is when it comes to taxes. And as far as I know, even that is not really grey as its defined you only need to pay taxes on gambling earnings is if it is your only source of income, OR you claim losses?

  4. #74
    Hareeba!
    Hareeba!'s Avatar Become A Pro!
    Join Date: 07-01-06
    Posts: 33,284
    Betpoints: 20531

    Quote Originally Posted by OMGRandyJackson View Post
    What grey area? Can all of you experts please point to the criminal code of Canada where it says making single wager bets with offshore books is illegal?

    The only grey area that I am aware of is when it comes to taxes. And as far as I know, even that is not really grey as its defined you only need to pay taxes on gambling earnings is if it is your only source of income, OR you claim losses?
    I suspect the grey area is to do with banking regulations and US equity owners in Matchbook and Skrill being nervous about it.
    Pretty sure that Uncle Sam is behind these "management" decisions.

  5. #75
    OMGRandyJackson
    OMGRandyJackson's Avatar Become A Pro!
    Join Date: 02-07-10
    Posts: 1,680
    Betpoints: 4054

    Quote Originally Posted by Hareeba! View Post
    I suspect the grey area is to do with banking regulations and US equity owners in Matchbook and Skrill being nervous about it.
    Pretty sure that Uncle Sam is behind these "management" decisions.
    Oh okay. That makes sense. I thought people were referring to the actual act of betting a sporting event online is a grey area in Canada.

  6. #76
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    it has more to do with Canadian banking and being a US resident

    Many people live in Canada and have Canadian Bank Accounts but were born and are USA residents

    All those people are now being reported to the IRS under a new law

  7. #77
    Scorpion
    Update your status
    Scorpion's Avatar Become A Pro!
    Join Date: 09-04-05
    Posts: 7,797
    Betpoints: 15377

    More American citizens live in Europe than Canada, all European banks have to report too just like canadian banks, so if thats the reason then they should get close all European accounts too, so far over 50 countries have agreed to report not just Canada
    Last edited by Scorpion; 08-14-14 at 07:05 PM.

  8. #78
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    Good point scorpion I have no idea what the issue really is Canada

    Maybe online gambling in Canada is cloudy

  9. #79
    astuteness
    astuteness's Avatar Become A Pro!
    Join Date: 10-07-13
    Posts: 12
    Betpoints: 210

    hi

    I just heard the news today as well as I couldn't log in. This was my favorite sports most of my bets were always between +100 +111. I rarely paid he juice on this site.

    I just requested a withdrawal hope there rent any issues with this.

    Whats the best sportsbook that resembles matchbook.

    Anyone have any issues making there last withdrawal via bank transfer.

  10. #80
    Optional
    Optional's Avatar Moderator
    Join Date: 06-10-10
    Posts: 57,803
    Betpoints: 9204

    There is a few Bitcoin betting exchanges listed here. http://www.sportsbookreview.com/bitcoin/

    Might be worth a look.

First 123
Top