If the Senate does pass the online gambling bill then.....

[jjj983]

Will online sports betting really be gone?? Will books find other ways to let bettors deposit money if the senate bands all credit card company's and banks??? I was just wondering what the answer is, or what your opinions are?? Thanks!!!

[Bostongambler]

Why can't you just W.U. some cash to a guy named Juan in Costa Rica.

[jjj983]

yeah i don't know if they could block W.U. also?? I don't know it sounds like if this law passes (which i think will) us bettors could be S.O.L. for online sportsbetting?? Im sure they could find a way around though, no?

[ParanoidAndroid]

Long-term, I'd see it almost as a customs form for money. You know how when you ship something overseas, you have to fill out a form that says what's inside the package? Part of the reason is to create a liability - you're SOL if you say its "documents" and its really some contraband. Same thing here - if they make you sign that your money is for your sick aunt and they track it to a sportsbook, then you're SOL.

I'm not saying this is going to happen tommorrow, or ever, but it could happen and this would be the most likely scenario.

[TheGuesser]

What I think may happen, if this law is ever passed(I doubt it will be) is the books will issue a credit card to their customers from a foreign bank,and you'll be able to fund and withdraw that way. That was the case with a book I openned with in the late 90's, and it was a good system, but then Paypal and Neteller came along, and made it kinda obsolete. But it can easily be brought back if needed, IMO.

[jjj983]

thanks for the input, i hope it doesn't have to come to that though

[jimmy the greek]

the genie is out of the bottle - online gambling is here to stay, why is it so hard for those in power to understand this