You Won't Believe This!!!

[jpzink]

I checked my debit card the other day, and had $30,000 more dollars than I should have in my checking. I use my debit for my bets. I checked my statement and it was credited back to my card by the online sportsbook (who I won't mention).

I contacted them the first day, and they had no record of any type of credits. Yesterday, they contacted me saying there was a bank processing fee from their bank, and it was a huge mistake and they demanded the money to be returned asap.

My question is can I keep the money? What are my rights in this situation, and since they are in a different country do the laws of the US take effect?

PLEASE RESPOND!

 

[maverick2112]

Keep half.............give them back half. That way both parties are happy(Maybe).........HaHa

 

[buddy]

they demanded the money to be returned asap.

Do the right thing and return the money...

a penny a week.

 

[jpzink]

I very much like you point, Buddy!! I'm dying here on what to do.

PLEASE HELP ME@@@!!! :shrug:

 

[THE KOD]

this one is easy. Of course I never would have tipped them off that the mistake was made in the first place. That was your first stupid mistake.

First thing to do is cash out. Close that account and get that 30 grand . If you dont they will correct the error and take it back.

Since they are offshore it will be hard for them to get you.
If the shoe were on the other foot I doubt seriously if you would ever get your money back from them!

I would say move immediately and run. Keep running and dont look back. Live like a hermit in the woods.

It should take them several years to send someone and take you down. Then one day when you least expect it , two in the back of the head ?

Hope that helps


Scott the fortune teller.

 

[jpzink]

I already have the money out of the account. When I called them, I just asked when my last withdrawl was made. I was also worried if I got any more cash, that it would look like an extorsion type of thing.

Anyone know the legal aspects of this?

 

[british bulldog]

When you say off-shore, I take it you imply not USA.

If in the UK all gambling debuts are not enforceable by law. Bets between both parties are classed as gentlemens agreement. This rule goes for Gibralter as well as any other country that bears british law under sovernity.

Notify your bank or card issuer by telephone that from today no funds are to be released to "X" bookmaker as you are in a dispute with them. Agree with bank that you will confirm in writing what you have just told them.

Withdraw or transfer all funds (leave a small amount say $30 in account) to another bank. Inform the bookmaker that you are willing to return funds if they can satisfactorily show you what funds were deposited back to your account.

After this, tell them as its the christmas season you overspent on your account before you realised a mistake had been made and that you are prepared to repay the amount in full at $10 aweek. Once again if under british law , cant touch you as you have offered to make some form of repayment. If not under british law, tell them you have gone bankrupt and they will have to join a list of creditors.

If you feel that bad your oyher options are;

return the money in full as you would clearly not like anyone to take $30,000 from you.
inform bookmaker that as its christmas and you dont want to be in a drawn out dispute, you will donate all monies to two charities split 50:50. One charity of their choice and the other of yours. Of course your charity could be "jpzink benevolant fund".

I hope I have made things clear. Good luck what ever you choose to do.

 

[hellah10]

fawk that......you shoulda never said anything in the first place. You should keep at least SOME.

 

[jpzink]

I don't believe me saying anything had anything to do with it. I didn't mention my name or the amount.

Thanks for the thoughts British Bulldog, I will look into the laws from where the book resides. I wish I could just tell you , but I don't want anymore confustion.

Best Case Scenario

Pay back the money on my terms, i.e. - $100.00 a month or something to that order.

I just know if the shoe was on the other foot, they would royally hand it to me!!!

 

[MadJack]

give it back because it doesn't belong to you. suppose you were the one that made the mistake? somebody's ass is in big trouble and might have to pay it for you and they probably don't have it to pay.

what goes around comes around.

 

[The Big Tease]

thats right Jack....but there aint nothing stopping that book from throwing him a nice big nugget for doing the right thing. I'd make sure I have that before I commit to giving anything back. If they want to be tough about it...I say screw em, they are at your mercy

 

[jpzink]

As of right now, I am leaning on giving it back.

Jack, I agree that someone messed up. There is no doubt about that. I'm sure they have already been fired, but I do not take the responsibility of that. I had nothing to do with this until, this money hit my account. I have not made any decisions.

I do know, that again, if the shoe was on the other foot, and I punch in 30,000 instead of 300, that I would be screwed.

THANKS FOR EVERYONE'S ADVICE AND PLEASE KEEP THEM COMING!

 

[AR182]

I agree with Jack & Buddy, you should give the money back. It's not yours & it will come back to haunt you, believe me.Even if you didn't notify them they would probably know that the mistake was in your account. Anybody that tells you to keep the money is not acting in your best interest.

Don't be foolish!

One more thing if you were the book & this happened to you, wouldn't you hire someone to find. I know I would & did.

 

[jpzink]

Jack,

Why did you take my posts off of the other boards, I am just looking for some advice.

 

[Palmetto Pimp]

Just because it was off topic, jpzink

As for my advice, I dont have much to comment because I would probably be a dishonest asshole about it, but then again who knows if it really happened to me.....:shrug:

 

[MadJack]

because this is the forum to discuss your situation. people are looking for game information in the other forums.

 

[jpzink]

Not to be a jerk, Jack, ... but there are plenty of other topics in those forums other than just game information.

Not complaining though, I have got some good advice.

It's tough to say, until you are in these shoes.

 

[dr. freeze]

do what you think is honorable....$$ will never bring you true happiness....doing the right thing will....that being said....i would call them back and negotiate a little....when i play monopoly -- and get "bank error in my favor" from Chance -- i generally keep the money.....

i would negotiate with them on this.....figure out a win win situation for both of you....they made a mistake and are at your mercy....if you would have made a similar mistake, you would be at their mercy.....and i am not sure that they would refund the money......

 

[jpzink]

The direction for the time being is:

I am going to give the money back, and I am going to suggest a way that this can be beneficial to both parties.

Thanks Dr. Freeze for the suggestion.

Thanks Jack for the opportunity to voice my questions. This has really been a big help.

Thank you

 

[BahamaMama]

looking at all sides of the situation, for most parts, my opinion would agree with Jack's..... SOMEONE is gonna have to pay for the error, and it will NOT be the book, it will be the individual

BUT................... this could also cause you problems in the future that you should temporarily be able to cover your butt for. Debit cards are treated as *cash* all the way around. You don't know that in the future you will not be asked to explain a depost and withdrawal of that size to your debit card...Banks are required to report to the government any cash deposit transaction over a certain amount (either 5 or 10K) and this qualifies as a cash transaction that you may have to explain your way out of in the future. That taken into consideration, i would tell them that i would return 25K to them now, and 5K in two years if nothing more arises from the situation on your end. (AND YOU KEEP THE INTEREST....BS if they ask for that, too)