Gambling with bank account

9de5q7tsr8u2im

So i lets say if i make another bank account and use that just for gambling and not apply for a loan would my main bank account with another instution find out? Lets say i used boi for gambling and permanent tsb for getting paid and applying for loans? They surely cant find out?

9de5q7tsr8u2im

Bump

Copper_pipe

AFAIK as I know if you open the account with a different bank you should be ok.

If you're an AIB customer and open a BOI for online gambling. Should you look for a loan from AIB, they can only see your accounts with them and not the BOI one.

scheister

the one area you may get caught here is if when AIB review your account for a loan and they see payments going to another account often enough. they may look for the other account statements

Bateman

The very fact that they could ask though...

ZeroThreat

scheister wrote: »

the one area you may get caught here is if when AIB review your account for a loan and they see payments going to another account often enough. they may look for the other account statements

As a matter of interest, how far back in time do they normally check?

scheister

ZeroThreat wrote: »

As a matter of interest, how far back in time do they normally check?

AFAIK its 6 months they look at

zimmermania

Jaysus I wish I had that problem,i am now too old to worry about it and do not need to stay"onside"with any bank. But if I did I would register a credit card to paypal from a bank that I would not be expecting to do any real business with and I would make sure I paid up when due.

Hector Bellend

Are you planning for any major loans?

If so I'd keep clear of any major gambling

zimmermania

Hector Bellend wrote: »

Are you planning for any major loans?

If so I'd keep clear of any major gambling

I have not owed a bank money for more than 30 years,they hold my money now and I get very little from them by way of interest unlike when Anglo were giving me 5 1/2% during the crazy days.

I do understand that the banks know a hell of a lot more about us now unlike years ago when a huge amount of cheques were cashed just by showing id in a bank one was never in before.

I am long past the time when I will be needing to borrow any money from a bank but I do agree younger ppl would need to be careful.

jobeenfitz

zimmermania wrote: »

I have not owed a bank money for more than 30 years,they hold my money now and I get very little from them by way of interest unlike when Anglo were giving me 5 1/2% during the crazy days.

I do understand that the banks know a hell of a lot more about us now unlike years ago when a huge amount of cheques were cashed just by showing id in a bank one was never in before.

I am long past the time when I will be needing to borrow any money from a bank but I do agree younger ppl would need to be careful.

I have on occasion wondered about your username. Just a bit nosey. Just wondering about de mania part now.

zimmermania

jobeenfitz wrote: »

I have on occasion wondered about your username. Just a bit nosey. Just wondering about de mania part now.

The ZIMMER part means something to me and the "mania" bit stems from the actions (as I see it) of a large number of people doing something which makes very little business sense just because so -called experts and the media are constantly going on about it.The belief,for example that one could not pay too much for a house or a share because most people thought that caused some sort of "mania"


I often liked articles written by Nick Mordin who has a lot of study done on gambling throughout the world and his study on what he called"groupthink" made a lot of sense to me. Mania meaning an irresistible urge do something i.e make bets on the basis of a lot of hype and preferring supposed potential over proven form.
Mordin believes that one must oppose what the majority of punters are doing in order to make a profit.If a horse or any occurrence is overbet it is time to be betting against the expected result.

jobeenfitz

zimmermania wrote: »

The ZIMMER part means something to me and the "mania" bit stems from the actions (as I see it) of a large number of people doing something which makes very little business sense just because so -called experts and the media are constantly going on about it.The belief,for example that one could not pay too much for a house or a share because most people thought that caused some sort of "mania"


I often liked articles written by Nick Mordin who has a lot of study done on gambling throughout the world and his study on what he called"groupthink" made a lot of sense to me. Mania meaning an irresistible urge do something i.e make bets on the basis of a lot of hype and preferring supposed potential over proven form.
Mordin believes that one must oppose what the majority of punters are doing in order to make a profit.If a horse or any occurrence is overbet it is time to be betting against the expected result.

f

I must look up Nick Morden. I think we (I definitely include myself) follow the crowd and the media when gambling because it's easier than putting in the effort to do the necessary groundwork. The easy way.

Fair play for that explanation.

Division

Simply use PayPal.

You can deposit to Paddy Power & Ladbrokes in their shops... and withdraw it to PayPal.

Do you win and withdraw large amounts of money that you need to know how to manage?

WealthyB

At least one bricks n. mortar bookie does a "cash card", you can use it in their shops to withdraw/add funds as you wish. Keeps it off balance sheet to an extent

Division

There are a lot of threads about the topic of funding bookmaker accounts, might be worth a sticky thread.

ssmith6287

I opened an account with neteller, you get a mastercard and all. transactions for taking out cash are pricey but free to use to pay at a terminal.