Amex—>Paypal—>Sportbetting/Poker

Old Apr 20, 20, 11:50 pm
  #1  
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Amex—>Paypal—>Sportbetting/Poker

Anyone got experience with depositing money using Amex to paypal and depositing it to poker sites and getting points !? Is there any limit to gambling related deposit per months ?!
FYI I play and stake a couple of people and just got an Amex so I’ve got a pretty big spend on deposit each month so would be sweet to get points .
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Old Apr 21, 20, 8:15 am
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Paypal fee kills the deal.
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Old Apr 22, 20, 11:57 am
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most gambling sites also don't take paypal
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Old Apr 26, 20, 2:12 am
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Bet365,888poker,betfair,unibet,betsafe,Nordicbet among others accepts american express(paypal)
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Old Apr 26, 20, 9:49 am
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Do your gambling sites take Amex or is there a fee to the person making the charge (from Amex or the sites themselves) for using a credit card?

I suspect that I know the answer to the following question but since..........
I know nothing about this but if the gambling sites behave like any other merchant selling an item (in your case chips), then why not just charge the chips to Amex rather than going through an intermediary?
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Old May 2, 20, 8:24 am
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I thought Amex block gambling transactions - has anyone successfully loaded a bookmaker in this way?
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Old May 2, 20, 10:05 am
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Originally Posted by TheUrbanite View Post
I thought Amex block gambling transactions - has anyone successfully loaded a bookmaker in this way?
This might be another dumb question but (peripheral to MSing but a possibility if the correct answer comes up)
If you are staying at a casino, can you charge your chips to your room bill.
If you paid your room bill with an Amex card, would the hotel charge with the chips added in be considered a partial cash advance?
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Old May 2, 20, 6:58 pm
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Originally Posted by radonc1 View Post
This might be another dumb question but (peripheral to MSing but a possibility if the correct answer comes up)
If you are staying at a casino, can you charge your chips to your room bill.
If you paid your room bill with an Amex card, would the hotel charge with the chips added in be considered a partial cash advance?
I've never heard of a partial cash advance before - though that's not to say such a thing doesn't exist.

I'm sure people are rinsing Amex through bookmakers but the problem is what happens when they put you through financial review.
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Old May 20, 20, 2:12 am
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Originally Posted by TheUrbanite View Post
I've never heard of a partial cash advance before - though that's not to say such a thing doesn't exist.

I'm sure people are rinsing Amex through bookmakers but the problem is what happens when they put you through financial review.
What are they gonna do really? Poker winnings isen't taxed, atleast not in Sweden.
"I see you recived $100k from Pokerstars the last year"
"yea i won it playing poker"
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Old May 20, 20, 5:21 am
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Originally Posted by Andreas Nyberg View Post
What are they gonna do really? Poker winnings isen't taxed, atleast not in Sweden.
"I see you recived $100k from Pokerstars the last year"
"yea i won it playing poker"
Well they can end their business relationship with you for breach of T&Cs. Not sure about USA but Amex in the UK prohibit the use of their cards for gambling.
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Old May 20, 20, 5:51 am
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Originally Posted by TheUrbanite View Post
Well they can end their business relationship with you for breach of T&Cs. Not sure about USA but Amex in the UK prohibit the use of their cards for gambling.
That’s the whole point with using Amex + PayPal / curve / Revolut , it doesn’t come up as “deposit gambling site x” So how Amex would ever get to know you’re using Amex to deposit on gambling site is impossible .
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Old May 20, 20, 9:01 am
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Originally Posted by Andreas Nyberg View Post
That’s the whole point with using Amex + PayPal / curve / Revolut , it doesn’t come up as “deposit gambling site x” So how Amex would ever get to know you’re using Amex to deposit on gambling site is impossible .
So as I understand it....

You want to put your Amex card on PP, and then use PP when "buying chips" through one of your above mentioned gambling sites.
You then would "cash in" your chips and deposit the money "somewhere" to pay the Amex bill.

Let's look at the hoops you have to jump through to make this work.
1. Using your Amex card on PP. I do not see any problem with this.
2. Buying chips on line using PP. I have no idea whether you can actually do this with PP, but let's assume you can. How much are you going to be able to buy? I bet (no pun intended) that PP will have a hard limit for this. You also need to check the PP fee since this is not like buying a toaster on eBay. MS works on a very slim margin and fees may make it impossible to do this scheme profitably. Furthermore, since you are in Sweden, not only are there PP fees, but I suspect that there may also be currency exchange fees that Amex or PP or both may tack onto the transaction.
3. Having Amex pay PP. This shouldn't be a problem but PP can be very malignant when they think that hanky panky is going on, so I suspect that doing a couple of hundred dollars a month would be theoretically doable, but tens of thousands would not.

My impression is that this is dead from the get go. The above is a method that could be done to launder illicitly obtained cash into another form of currency and, sad to say, but gambling chips (either real or virtual) is another form of currency. Both PP and Amex recognize this and probably have hard stops to prevent these sorts of financial transactions (whether legal or not) from going forward.

However, with that being said, please try it and let us know how you fared.
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Old May 23, 20, 1:53 pm
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Originally Posted by Andreas Nyberg View Post
That’s the whole point with using Amex + PayPal / curve / Revolut , it doesn’t come up as “deposit gambling site x” So how Amex would ever get to know you’re using Amex to deposit on gambling site is impossible .
All of my PayPal transactions on my statements show up as PAYPAL *(merchant name). So Amex could find out if it posts at "PAYPAL *Pokersite.com"
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Old Jun 5, 20, 7:23 am
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There are now plenty of UK books that take PayPal. But how do you just "top up" a PayPal account with Amex?
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