Is it a good idea to deposit casino winnings into your bank?

[Ahleckz]

If you have constant money going in and out to a gambling website they can however investigate and close your account.

Eh? Surely that's rubbish. Plus it's a bit of a contradiction no?

 

[anything I don't mind]

It would be quicker and easier to just send half the money to HMRC directly. Cut out the middle man.

 

[Neutralmilk]

Eh? Surely that's rubbish. Plus it's a bit of a contradiction no?

Not at all, if your main transactions on a bank account are just to and from betting websites they can close your accounts.

The bank I worked for did.

See this thread on another forum about it, it does happen. I don't know if all banks are the same but the one I worked for did.

http://forums.moneysavingexpert.com/showthread.php?p=42025648

 

[FARGO]

One of my friends works in a bank - a lesser known footballer came in with 5K in his bootbag and asked to deposit it. Apparently due to the amount of cash the staff are legally abliged to ask where it came from as a formality.

Said footballer was annoyed when the 50+ year old lady cashier didn't know who he was.

 

[Skeptic]

This happened.

 

[asim18]

Just to clarify, I'm talking about plain cash cashed out from a real casino. Not online, no membership card, etc.

 

[yhack]

Just to clarify, I'm talking about plain cash cashed out from a real casino. Not online, no membership card, etc.

Calm down guys. I never said I had 20-30k in cash. All I'm doing is asking a question.

What.

 

[Begbie]

Just to clarify, I'm talking about plain cash cashed out from a real casino. Not online, no membership card, etc.

What is a 'real casino'?

Everyone I've been to you have to sign up first.

 

[Deleted member 77746]

£20,000-30,000.

Would they think you were a drug dealer or something and inform HMRC and/or Police?

You certainly would be took in the back room and interviewed.

 

[w1lliam]

Put just under 100k in a new account, nobody batted an eyelid. Other than where did you get the money from? I sold a house.

 

[Destination]

You have to successfully launder it, that's part of the deal.

I love the occasional spark of genious these forums generte from time to time.
Great comment.

 

[RDM]

Put just under 100k in a new account, nobody batted an eyelid. Other than where did you get the money from? I sold a house.

It would still have to be reported to the Money Laundering Officer at the bank who would then make the decision whether or not to report the transaction to SOCA.

 

[Gangster]

Obvious drug dealing is obvious.

Worst "I have 20 to 30k and need some attention" thread ever.

+2.

 

[Infam0us]

Also, very thinly-veiled "I'm good at poker" thread imo.

 

[Housey]

I just keep it in the front section of my wallet, the big notes go behind.

 

[TNGL]

I thought you were a Muslim and not supposed to gamble? Or maybe the question's regarding somebody else? Or maybe you're not a Muslim?

 

[mithrandir]

You know what, I've seen a chap play roulette across two tables placing around 10-15 pink chips (£100) per round. His winnings is pretty staggering (few whites [£1,000] and stacks of pinks). He must hold around £15-£20k of chips on the two occasions I've seen him play (he looks muslim too from the style of his beard - no lie).

 

[Freefaller]

Clearly robbed a cvit courier!

 

[Nitefly]

Edited quickly to stop a police raid.

 

[Stewy]

the thread OP is hilariously retarded.