Personal bank accounts to fund online casino gambling are illegal in most of the United States. PayPal offers a viable alternative as a way to send and receive money while participating in online gambling.
PayPal is technically not a bank. However, some federal agencies assert that PayPal is indeed a banking institution, because of the way it manages financial transactions and retains funds for lengthy periods. PayPal objects to this characterization, saying that, because it does not charge interest or account fees and lacks a banking charter, the government should not designate it as a bank.
PayPal is a secure and convenient method to use for all kinds of online financial transactions. However, if you use it to fund online gambling, do not have transactions made directly to PayPal, since the IRS is capable of linking payments from your bank account to your PayPal account and finally to your account with an online casino. Further, as an American-owned company, PayPal will not authorize payments to online gambling casinos.
Online gambling sites, realizing that many individuals use PayPal as a way to perform online financial transactions, offer to assist by transferring money from your PayPal account to an approved Ewallet for online gambling purposes. However, many companies may charge as much as 40 percent commission for providing this service. These transfer companies might also have questionable reputations for reliability in ensuring that your money arrives at its intended destination. Avoid these types of money transfer companies, and stick to established and legitimate financial transaction services.
If you use PayPal to fund your online gambling account, you should use your PayPal account to purchase a pre-paid credit card and use that to add to your casino account. This way, you remain distanced from the transaction, and neither the IRS nor the casino knows where the money originated. Remember, pre-paid credit cards do not assess fees for transferring or loading money onto the card, although some may charge an activation fee of about $10 and a minimal monthly fee. However, these charges are worth paying if you are considering seriously investing in online gambling.
The most successful and established online gaming casinos offer PayPal as a payment option in most countries outside North America. Some people create a foreign bank account and use a credit card based on that account as their PayPal link account. With this method, however, you will need to be familiar with someone living overseas who can set up an account in your name.
Because PayPal is somewhat complicated to use for funding your online gambling account, you might choose a wire transfer service like MoneyGram, which is simpler and prevents anyone from knowing how you are transferring money to your casino account. Online gambling is much more fun if you don’t have to worry about involving yourself in something illegal.
Everyone knows that most of life is a gamble of sorts. No one can clearly predict the outcome of anything they try so they must simply take a chance that it will work out for the best. When looking for success, it may be required to take a leap of faith in the hopes that it will work out well. When something looks like more of a sure thing because of being well researched and evaluated, it becomes less of a gamble. 918kiss
There are certain vices in the world which are well known and others which are as hideous but not as prevalent. Everyone knows about the health, emotional, economic, and social damage which can come from using alcohol and drugs or from smoking, which are vices that should be avoided. Their consequences are often easily seen by the outside world.
Gambling is a vice which may not be noticed. Just as with other vices, the big problem is in the addiction which can ruin lives. Gambling can start out innocently enough with people visiting a casino to have a little fun with the chance to win some money. The chances of that happening, of course, are known to be slim to non-existent. People do win on occasion, however, which gives them hope and the expectation that it will happen again.
If money is needed to meet expenses, taking a gamble is not the way to go. It would be better in all aspects to find something which is not a real long shot. Getting a job or starting a home based business requires some risk taking, but it does not need to be a big gamble. All types of home based businesses which could work out such as network marketing (MLM or multi-level marketing) require study and research which makes them less of a gamble. Success does not generally come easily or quickly, but with the right mix of knowledge and work a person can succeed.
Finding a way to earn money can be difficult, but gambling is not the way to go. Taking a chance is often required, but it does not need to be a big gamble if enough hard work and dedication are coupled with study and research.
During World War II when the odds were definitely stacked against them, the persons of Japanese heritage in the United States faced extreme difficulty. Those who were imprisoned in the American concentration camps of the period had no choice but to accept their fate. Some were able to take a chance and get out of the camps through early release to attend college or find work outside of the west coast. They were taking a gamble, but there was little choice. They were willing to try and take a chance.