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Why you shouldn't trade via Paypal
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01-16-2008, 01:12 AM
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Check Raiser
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Join Date: Oct 2007
Location: Canada, eh!
Posts: 667
Limits Played: $0.05-$0.10 NL
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Why you shouldn't trade via Paypal
Lately I've seen a lot more threads asking to trade dealing with Paypal, so I figured I should give everyone a heads-up as to why you're not likely to find anyone willing to accept the deal if you are offering to send Paypal for poker money.
Here is Paypal's stance (directly copied from their help section) on the issue of gambling money transactions.
Quote:
 What gambling activities does PayPal prohibit?
 PayPal prohibits transactions for gambling activities by merchants and account holders in the U.S. and any jurisdiction where gambling activities are illegal, and by merchants whose services are accessible to account holders in the U.S.
PayPal allows approved gambling merchants to use our service in certain jurisdictions where gambling activities are legal. To be approved by PayPal, merchants must demonstrate to PayPal's satisfaction that they have the ability to block gambling activities for account holders in the U.S. and any jurisdiction where gambling activities may be illegal.
Unless the merchant has been approved by PayPal, account holders may not use PayPal to send or receive payments for any form of gambling activities, including but not limited to payments for wagers, gambling debts, and gambling winnings, whether conducted online, in person, or through any other means of communication. Gambling includes placing, accepting, recording, or registering bets; participating in lotteries; or otherwise carrying on a game of chance or a game of skill (except as permitted in the manner described below) for money, property, or other things of value.
PayPal prohibits the following gambling activities, even where the specific activity is lawful, unless the transactions are associated with an approved merchant.
Casino games - Include (but are not limited to) the following virtual or physical games: baccarat, blackjack, craps, faro, keno, pachinko, pai gow, poker (whether or not it is considered a game of skill in the gambler's jurisdiction), roulette, sic bo, slot machines, or wheel of fortune.
Sports books or sports betting – Includes placing bets on actual sporting events against a bookmaker or through a betting exchange.
Horse or greyhound racing – Includes gambling on the following types of races:- Simple betting (betting between individuals)
- Sweepstakes betting, where large entry fees, or stakes, are pooled and awarded to winners
- Bookmaking betting, in which speculators offer odds against each horse or dog and accept bets against their predictions
- Pari-mutuel betting, where betting odds on a given horse or dog are derived from a comparison between the total amount wagered on the animal and the total wagered on all the animals in the race
- Off-track betting (OTB), where players bet on a race taking place in a location outside of where the bettor is situated
Person-to-person betting – Includes individual wagering and wagering through betting exchanges.
Lottery tickets – Include the purchase or sale of any opportunity to participate in a raffle, drawing, sweepstake, pool, or any other form of game or contest involving the distribution of prizes or monetary compensation.
Games of chance – Games where elements of skill do not conclusively predominate over elements of chance in determining the outcome. Operators of games where elements of skill clearly predominate over elements of chance may use PayPal to accept entry fees or payments only if they have an established program that does the following: blocks users from the U.S. and other jurisdictions where it is illegal to operate a paid contest of skill, and identifies prohibited jurisdictions to their users.
Gaming machines – Include devices meeting the following three criteria:- Constructed or adapted for playing a game of chance
- Containing a slot or other aperture for the insertion of money or money's worth in the form of cash or tokens
- Offering prizes in money or money's worth regardless of whether any player is at risk of losing any money or money's worth
Gambling-related ventures – PayPal may also prohibit transactions for the following ventures related to gambling:- Gambling services, such as handicapping, or providing gambling tips or instructions
- Use of intermediaries to facilitate the process of placing bets or securing offshore gambling licenses
- Organized forums that facilitate person-to-person betting
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Hopefully an admin can sticky this so that people see it before they make a thread wanting to use Paypal to get poker money.
Last edited by azeldin; 01-16-2008 at 01:14 AM.
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01-16-2008, 01:17 AM
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NL20 Grinder...
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Join Date: Jul 2005
Location: Portland, OR
Posts: 7,537
Limits Played: $0.10-$0.25 NL
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Consider it stickied.  |
01-16-2008, 08:20 AM
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Chaser
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Join Date: Nov 2007
Location: NY
Posts: 186
Limits Played: $2-$4 NL
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I thought people didnt wanna trade paypal cause you can rip them off...
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01-16-2008, 08:45 AM
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Fish
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Join Date: Dec 2007
Posts: 54
Limits Played: $1-$2 NL
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Why not ban paypal requests here then?
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01-16-2008, 08:49 AM
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Check Raiser
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Join Date: Oct 2007
Location: Canada, eh!
Posts: 667
Limits Played: $0.05-$0.10 NL
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Quote:
Originally Posted by jmk4476
I thought people didnt wanna trade paypal cause you can rip them off...
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Yeah that is the ultimate reason, I suppose I forgot to mention that lol 
I meant to display the fact that if you accept a payment on Paypal for a poker money transfer, there is absolutely nothing you can do to stop the sender from claiming the payment back, because you can't tell Paypal it had anything to do with gambling (and you have no way of providing proof if you tell them it was something legit).
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01-16-2008, 09:17 AM
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Chaser
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Join Date: Nov 2007
Location: NY
Posts: 186
Limits Played: $2-$4 NL
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Quote:
Originally Posted by FlaFlaFloFly
Why not ban paypal requests here then?
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Members, posts, $$$$...=)
and if someone wants to do it, well thats their own discretion, its helpful to have a place where you can do it, since theres not many other forums where you can....
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01-16-2008, 12:44 PM
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Super Moderator
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Join Date: Aug 2006
Location: Victoria, BC (Canada)
Posts: 2,562
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Quote:
Originally Posted by FlaFlaFloFly
Why not ban paypal requests here then?
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PFO does not and should not get involved with poker transactions of posters to this forum. If they set a precedent of policing, people will always whine to & blame them when they get ripped off.
__________________
If you feel you have a question, dont be lazy; make sure you have asked yourself first. Then search the forum, then just fucking google it to get as much detail as you can. You may then seek clarification on specific points from others.
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01-16-2008, 12:46 PM
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Super Moderator
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Join Date: Feb 2006
Location: Nottingham, UK
Posts: 7,173
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Quote:
Originally Posted by Pinguaq
PFO does not and should not get involved with poker transactions of posters to this forum. If they set a precedent of policing, people will always whine to & blame them when they get ripped off.
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Yup.
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01-16-2008, 01:54 PM
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Banned
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Join Date: Jan 2008
Posts: 184
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oh tnx for the info buddy
i was thikning of making some trades but now that i know that i think ill keep still
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01-17-2008, 10:56 AM
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Chaser
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Join Date: Sep 2007
Location: UK
Posts: 113
Limits Played: $0.05-$0.10 NL
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Quote:
Originally Posted by azeldin
Yeah that is the ultimate reason, I suppose I forgot to mention that lol
I meant to display the fact that if you accept a payment on Paypal for a poker money transfer, there is absolutely nothing you can do to stop the sender from claiming the payment back, because you can't tell Paypal it had anything to do with gambling (and you have no way of providing proof if you tell them it was something legit). |
WTF?
If you send someone money and they accept, it then should be THEIR money. Ive done plenty of trades using paypal, and i had no idea the sender could just "claim the payment back", That is the most stupid fucking thing ive ever heard of.
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