CUSO

Well guys. I have decided to just post my "mint". i am sorry for the few people I told this to, but I feel i must prove i was not full of crap because i was beaten up pretty bad for trying to be discreet about this. I want it to be clear, I wanted a moderator or guru to help me get this info to 20 or so discreet people so we could get free miles without overflowing the system. Since no moderator or guru offered to help me (i asked 2 times) i feel i must show that i was not just yelling fire in a theater. I did get 2 responses from moderators basically saying "im listening" or "what" (not the kind of enthusiasm i expected from a free miles gift). i just felt like they could have cared less so i just did not respond. i will say this. what i am about to prersent is 1 of 3 free miles opportunities that i use and it produces the least miles. It will be quite a while before i will come back to the table and offer another free miles opportunity after the beating I took. (and remember, all I wanted to do was help discrete people).

Now i have earned well over 300000 miles doing this (it is not much work). It may be controversial or not. People who dont fully understand how things work may critisize. But I implicitly understand and I have no worries. I think some variation of this has been discussed but I believe I have taken more advantage of this that others.

now with no further ado.........

Online Poker.

Now I do play significant ammounts of poker. I have been playing online for about 10 years and never lost money (other than poker hands of course) in a poker account, ever.

I began doing this on Doyles Room and Full Tilt. I probably earned 60000 miles from these 2 sites alone depositing $ and cashing it out at the end of the month. I have never been charged a fee for using a credit card. I do play so much online poker that all of my withdrawls are free (if you dont play a lot like me, then there is a 5-15 fee to withdraw). Withdrawls are always in the form of a check (which has never bounced).

Usually therer is a 2k cap on a visa card per month. so i have been using 4 poker rooms right now to facilitate my transactions.

http://lockpoker.eu/ - may not be available to NEW US players

http://www.betonline.com/landingpages/poker/

http://cakepoker.eu/en/Default.aspx

http://www.carbonpoker.ag/

Now i must emphasize, i HAVE NEVER HAD A CHECK NOT COME OR BOUNCE. wORST CASE YOU MAY HAVE TO WAIT A WEEK OR 2 LONGER TO GET THE CHECK.

Now I am giging this one to the community because I do have 2 other mints that produce more miles with less effort, and I want to show the community that i was not lying and only wanted to share something.

You do need to download the poker programs and read their deposit rules and witdrawl rules. Like max credit card deposit and max withdrawl allowed. just so you understand how they work.

I do know some will critisize me. But I have lots of free miles through this. it worked for me fantastically. I even had $$ in Full tilt when the government shut them down. but then the government opend the accounts for 2 weeks so American players could get their money back (very nice of them if online poker was illegal as so many uninformed people think). I had 4k in there and had no problem getting it back. I know many will think this is dangerous but i have been a part of the online and real world poker community for a long time and I have no worries at all because I understand implicitly how they work. It is not illegal to fund or withdraw money in the USA. In europe you have many more poker rooms available to exploit this even further.

sorry for the bad spelling, it is my curse

let the criticism begin!!!!!

poemadept

Thanks for sharing your idea. I don't want to be a hater, but I think there are significant and legitimate concerns involved in this scheme that are enough to prevent most folks from taking part. I played on Full Tilt for years, and twice had trouble getting withdrawal checks (and I know friends who experienced the same). Full Tilt still has my money from a year ago (I never heard about any withdrawal period for American players). I wouldn't trust any of those sites with a dime that I expected to get back at this point.

If the online gaming industry is legalized and better regulated such that customers can trust their money is secure, then this could be a good strategy.

Cheers

metoo

Thanks for sharing but gambling online...I think I will pass

poemadept

Also,

I feel compelled to respond to your point about being beaten up on the boards and withholding your future miles strategies.

This is a bulletin board intended for discussion and sharing of ideas. If you're going to share them, just share them. If you're not, then please don't dangle them in front of people (including these other purported strategies that you now are disinclined to share). I understand your disappointment in how people reacted, as your intent was to help, but try to see it from our perspective as well. I think you could have handled it better. Live and learn...

Thanks again for filling us in.

CUSO

as you can see there was a period of time to withdraw all money


http://www.cardrunners.com/blog/Zimb...ull-tilt-poker

if you missed it, sorry. but i keep very informed when my $$$ is involved.

CUSO

I fear that you dont understand, when a "mint" idea goes on these boards, it will be flooded and closed down soon after.

TheBOSman

Indeed, I was lucky to get my money out of PokerStars (where I played for 3-4 years) before it started to get really hard to remove money, well before it was completely shut down. It isn't a bad idea by the OP, but anyone thinking of doing this should make sure it falls within their risk tolerance. I do think that it would work, but as noted by the OP, he plays enough to get free withdrawals. If you're not playing enough and you have to pay withdrawal fees, or you play enough but aren't good enough to not lose, it won't make sense at all. I wish the US government would settle all of their issues with the online gaming, and let it work, but that is a topic for OMNI, not here.

MilesDavis11

I've done the same thing using online sports book. The problem is, they are all international companies now using international banks. The companies hold ethically/legally questionable relationships with foreign banks. I have been told directly by sportsbook personnel that they don't want banks to know that it is gambling money being run through their system.

If you can find a gambling site that allows free withdrawals, there will be a limit of $1,000-$3,000 per month, and I believe that is only a matter of time before something goes seriously wrong. There are typically wire transfer fees to your bank if you elect for electronic withdrawal, etc.

I could be wrong on a lot of this stuff, but the shadiness of it all worries me. I don't want to get hosed for thousands of dollars when the banks decide that they aren't going to filter gambling money anymore.

poemadept

Sorry if this is off topic, but I'm confused. You linked to an article that is dated 5 days after Black Friday (the date the major US poker sites were shut down). There has been speculation since then about when players would be repaid. I stopped paying attention because I assumed I would find out if my funds were available. You claim to have been able to withdraw your funds from Full Tilt, but no one else I know was able to. A google search turns up several articles from the last month with continued speculation about when US players might be repaid.

When exactly did your withdrawal go through from FTP?

poemadept

As best I can tell, the actual US Mint strategy was first shared on this board in June of 2008. It worked for another 3 years before being shut down. I guess that's soon after in geological time, but for serious credit card churners that's 12 churns.

Anyway, I don't think you need to worry about your poker idea being exploited to that extent.

blackmamba

So this was the grant mint idea that got all the hype last week...

iolairemcfadden

I'm all for trying to get points, however for US based persons you have a risk of loosing your money...
http://en.wikipedia.org/wiki/Souther..._Poker_Players
The Southern District of New York (SDNY) Action Against Online Poker Players was a legal action taken by the Department of Justice in an effort to crack down on online poker. The action occurred around June 8, 2009, when the government ordered four banks to freeze over 34 million dollars in payments owed to about 27,000 poker players

in this case
After the funds were seized all of the affected poker sites reimbursed the players the money that was seized

AlohaDaveKennedy

Ya gotta put it in perspective, each year earlier the mint got killed cost The South Texas Coin Laundry millions of miles. There was a good reason the final coin warehouse was built in Dallas.

This opportunity has potential, but elevated risk.

decibel08

... well, that's about as much use as a fish to cut down a tree, if the fish could also get you in legal trouble.

glad to see the OP got an affiliate link in there though for betonline - proactive!

Bartley00

I don't want to be a hater, but I think there are significant and legitimate concerns involved in this scheme that are enough to prevent most folks from taking part. I played on Full Tilt for years, and twice had trouble getting withdrawal checks.