TMM1982

Anyone ever think about making CC deposits at sites like DK and FD, and then just withdrawing the money to your Checking account?

Joshy119

Yes many people have thought of it, a few threads have been started about it. Since all money needs to be filtered through bets to not raise suspicion it is generally considered a dead end for MS

IWOL

When you make a withdrawal they always credit back your card up to the amount you originally deposited so this wouldn't work.

ninetwosix

Not the case, I was able to unload several pre-paids and get a check in the mail. After a while, they catch on and deny your requests until you make some bets on the site.

bbriscoe34

How long did it take to get the check? Was the turnaround quick enough to pay off the cc that made the purchase?

TMM1982

If you're trying to hit initial min spend, it may make sense just to throw some cheap bets down, like $1 or $2 just to get them off your back on that.

ninetwosix

In my case I unloaded debit cards and get my check within 5 business days? The one withdrawal they denied, I just made 2 $1 bets and pulled the rest out without any issues.

TMM1982

Did you ever try doing it with a straight CC?

wickedtao

has anyone thought of creating a private fantasy league on Yahoo and asking for "dues"? Trick would be to have all 10 managers be yourself. And then the limitless scalable opportunities....

I've never done fantasy sports for $$$. Seems it is very unregulated and would be a good opportunity to MS.

TMM1982

FYI this will not work at DraftKings. I deposited $500 via VGC but they state that they will refund up to the original value of the VGC and any excess will be sent via check.

Damnit.

rajuabju

And if you happened to throw those GC's away? How will they return your money to you

TMM1982

I think you'd be screwed. Wonder if calling VISA to deactivate VGC would work?

pwd847

This applies to FanDuel.com

Deposits and Withdrawals Generally

Deposits, and player winnings after contests are finished, are held in a separate, segregated bank account by a subsidiary of FanDuel, Inc. Withdrawals will be made from this segregated bank account, and checks issued from that account may bear the name of FanDuel’s subsidiary.

For all withdrawals we require a valid mailing address, birthday and social security number in order to file the appropriate tax forms at year end. We also may conduct checks for Terms compliance, including anti-fraud checks on playing patterns and deposits prior to processing a withdrawal, and we may request additional information before permitting a withdrawal.

In cases where you have received a bonus or other benefits as a result of your deposit and have not yet played through the deposit (entering contests whose total entry fees equal the value of the deposit), FanDuel reserves the right to refuse the withdrawal and/or close your account.

Joshy119

Umm hello. See post 2 in this thread

Instead of reading and learning TMM1982 listens to bad advice and unloads a VGC to one of these sites

Smh

TMM1982

Your post said nothing about deposits being sent back to card