The Sub Prime Credit Thread - Part IV

seeya23

ElkyElky wrote: »

40k? :eek: Ouch.

kept on losing and keep on trying to win my money back playing roulette nearly lost my home and the wife and kids

ElkyElky

Cash_Flow wrote: »

Yes but you could by a 1000 lottery tickets if you choose to as there is no upper limit.

You can also put £1.00 on a horse, I don't see any of types of gambling mentioned is any worse than the other.

Checking 1000 lottery tickets on a Saturday night is more trouble than it's worth. :rotfl:

Cash_Flow

seeya23 wrote: »

kept on losing and keep on trying to win my money back playing roulette nearly lost my home and the wife and kids

At least you corrected the error in your ways.:T

seeya23

Cash_Flow wrote: »

At least you corrected the error in your ways.:T

it took 6 weeks lock up in hospital now i dont bet on any think now

Zack1

Cash_Flow wrote: »

I know that gambling is frowned upon by banks.

So if you are using your current account for gambling then it will be flagged and noted against your banking records.

Gambling equals high risk;)

Ah Natwest are fools anyway and won't give me anything decent, so might as well use just that account!

ElkyElky wrote: »

And a waste of money.

Matched betting isn't.... if you know your maths and do it properly

seeya23 wrote: »

all bookmakers make inquiry against your credit report

No they don't, and there is no reason for them to - they aren't giving credit for obvious reasons! Skybet didn't, neither did bet365, Blue Square, William Hill, 188 Bet, Sportingbet, Paddypower and whatever other sites I'm on, it's only Stanjames that have decided to, so I'll be disputing that one

seeya23

Zack1 wrote: »

Ah Natwest are fools anyway and won't give me anything decent, so might as well use just that account!


Matched betting isn't.... if you know your maths and do it properly


No they don't, and there is no reason for them to - they aren't giving credit for obvious reasons! Skybet didn't, neither did bet365, Blue Square, William Hill, 188 Bet, Sportingbet, Paddypower and whatever other sites I'm on, it's only Stanjames that have decided to, so I'll be disputing that one

i ve been search and yes they it to do with money laundering

ElkyElky

I was searched when I joined my local casino. They claimed it was to verify my identity and to prevent money laundering, they even took a picture of me to store on the computer! It's quite normal for any gambling establishment to check your credit report.

wizzywig27

I called Jacamo, basically they have reduced my credit limit to below my baance to 'protect me' as I have a few parcels go missing!

plumber2009

I have opened tons of betting accounts using both my A/L and HSBC debit cards and have never had a problem. Iv used my overdrafts as well. I always opened accounts to get free bet offers. I also used betfair a lot at one time and deposits and credits were not a problem.
As far a gambling goes, If you cannot gamble responsibly then dont. I always set myself a spend limit and once its gone its gone. If i cannot afford to gamble then i dont.

Cash_Flow

plumber2009 wrote: »

I have opened tons of betting accounts using both my A/L and HSBC debit cards and have never had a problem. Iv used my overdrafts as well. I always opened accounts to get free bet offers. I also used betfair a lot at one time and deposits and credits were not a problem.
As far a gambling goes, If you cannot gamble responsibly then dont. I always set myself a spend limit and once its gone its gone. If i cannot afford to gamble then i dont.

So are you trying to state that having gambling transactions against your current account has no adverse affect in the eyes of the account issuer?