bets based on paypal

Discussion in 'General Business' started by cosminx2003, Sep 3, 2008.

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  1. #1
    I developed a mini online numbers betting system based on paypal payments.
    Would it be a profitable business?
     
    cosminx2003, Sep 3, 2008 IP
  2. MakeThatDollar

    MakeThatDollar Notable Member

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    #2
    I doubt PayPal would approve really, but not sure though.
     
    MakeThatDollar, Sep 3, 2008 IP
  3. motex

    motex Peon

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    #3
    Yea, sounds like you better talk to a lawyer about online gambling. Im sure their are rules, regulations and licenses you need to aquire. I would start with Paypal's TOS agreement like Dollar said, then make your way up to the other aspects if you want to keep it legal and long term.
     
    motex, Sep 3, 2008 IP
  4. ahuddy

    ahuddy Peon

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    #4
    Sounds risky if you want to keep your paypal account active.
     
    ahuddy, Sep 3, 2008 IP
  5. ubamba

    ubamba Member

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    #5
    Paypal will lock all related accounts so friggin fast if you do that. That's exactly why all these type of schemes use egold, liberty reserve, or some other form of sketchy payment like that.
     
    ubamba, Sep 3, 2008 IP
  6. mikedeezy

    mikedeezy Peon

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    #6
    not worth the time lol
     
    mikedeezy, Sep 3, 2008 IP
  7. amirsalmani

    amirsalmani Active Member

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    #7
    It's risky dude
     
    amirsalmani, Sep 3, 2008 IP
  8. DarkN00b

    DarkN00b Banned

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    #8
    It's way risky and you'll probably end up getting your PayPal account banned for it. I wouldn't recommend it.
     
    DarkN00b, Sep 3, 2008 IP
  9. Sheryll Newman

    Sheryll Newman Banned

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    #9
    Very risky. It's like committing suicide online.
     
    Sheryll Newman, Sep 3, 2008 IP