Am I gonna lose my paypal account

[Lee768]

Used Paypal to deposit and withdraw from betfair and ladbrokes. Found out later it is against their policy. I live in the UK. Any1 know if i'm likely to use my account? Haven't used this method to deposit or withdraw for over a week and haven't lost my account yet.

[NewOrleans]

paypal is the people you should be asking not casinomeister lol...they are open every day just call them and ask.

[Pinababy69]

Paypal stopped accepting gambling transactions many years ago...although as you mentioned, I have heard of the odd casino somehow still using it. If you want an online ewallet for gambling, I'd suggest either Neteller or Moneybookers. Being as you are in the UK, you have both available to you.

I wouldn't use a Paypal account for gambling if you want to keep it...and I wouldn't call them either. I just wouldn't use it for that anymore.

[vinylweatherman]

Used Paypal to deposit and withdraw from betfair and ladbrokes. Found out later it is against their policy. I live in the UK. Any1 know if i'm likely to use my account? Haven't used this method to deposit or withdraw for over a week and haven't lost my account yet.

Surely it is the MERCHANT who should lose THEIR facility, NOT the hapless consumer MISLED into breaching PayPal policy because a BOOKIE claims to "accept PayPal". PayPal also carry some responsibility, as this clearly shows NO "due process" is taking place when they grant a facility to a merchant. PayPal have no excuse for mistaking the likes of Ladbrokes, and particularly Betfair as anything other than merchants "offering gambling services".
Some while back, Neteller gave us an even more glaring example of the complete lack of vetting that takes place when it comes to them "allowing" a merchant facility. Not only did Neteller grant Ministering Angel "casino" a merchant facility, but Neteller themselves actively promoted them, ...... until it turned out to be a scam run from Eastern Europe, and not a genuine casino at all, something a few forum members were able to deduce after less than a week of investigation.

Fortunately, you are in the UK, and can complain to PayPal for allowing a facility to the merchant in the first place, and ultimately to the regulator. However, unless PayPal are going to make something of it, do nothing, and remember NOT to use PayPal for similar services, and maybe even report offending merchants who mislead others into risking their PayPal accounts.

You could tackle this through PAB about the casinos accepting PayPal, as by doing so, they are "tricking" players into breaching rules regarding PayPal that they are probably not aware of, and casinos should not be putting player's at risk of losing their financial facilities in order to make it easier for the casino to make money by circumventing the rules.

There is a parallel with the situation in the USA, and players have actually LOST financial facilities because a casino has found a way to trick the banking systems into processing gambling transactions. In the USA though, many gamblers are aware they are participating in such a deception, and are able to judge whether they want to risk it.
Here in the UK, remote gambling is lawful & regulated, Ladbrokes is a UK company in almost every high street, and you should not be expected to think there is anything wrong with depositing with PayPal if Ladbrokes or Betfair openly advertise it as an option - this would be like me withdrawing money from Tesco brand cash machines, only to find that 3 months later my bank fines me for breaching a term that they have "fallen out" with Tesco, and have a policy that customers should boycott their machines or face unadvertised charges. I would see Tesco as being wrong, in knowing that my hypothetical bank had decided not to allow customers to use the machines, but them allowing it anyway so as to keep me coming to the store.

Not so long ago, this kind of situation was somewhat less hypothetical, with some banks deciding to charge other banks' customers because they felt they were subsidising these other banks' customers in this way - but crucially, making no mention of it during the transaction, leaving customers without a clue things had changed for the worse. The regulators had a crackdown, and now customers MUST BE TOLD at point of withdrawal if there is going to be a charge. Taking this to the plight of the OP, he SHOULD BE TOLD at point of deposit that using PayPal is not permitted, rather than the transaction going through faultlessly, and only later the customer facing the worry of being "charged" for the transactions through confiscation of the PayPal account.

Here in the UK, there is NO PLACE for casinos using transaction disguising techniques as are used in the US, it creates a risk to the player, and is simply not necessary since there are many legitimate options for funding gambling accounts, such as VISA branded cards, ewallets, UKash, and even the new Ivobank, a "proper" UK bank, but SPECIFICALLY set up with online gamblers as their target customers.

[love2winalot]

Hiya: Pay Pal an E bay, are one in the same. E Bay stopped allowing the sales of, "Virtual Items" a couple years ago. ie, Internet games games like world of wracraf, and so on. I had an Account for Ultima Online for sale prior to the change, and it was taken down by e bay. I got a warning letter from Pal Pay, not to do it again.

imhop: Wait and see if Pay Pal contacts you. If they do, just supply the info from the casino that processed the Money, and let Pay Pal blame them, and just warn you. imhop, if YOU contact Pay Pal you will have a hard time showing that you , NOW know their terms, but did NOT KNOW, their terms when you made the deposit at the casino.

[GrandMaster]

What is the problem? Paypal allowed gambling transactions a few years ago. Here is the relevant part of the acceptable use policy:

"Prohibited Activities
You may not use the PayPal service for activities that:

[...]

5. involve gambling, gaming and/or any other activity with an entry fee and a prize, including, but not limited to casino games, sports betting, horse or greyhound racing, lottery tickets, other ventures that facilitate gambling, games of skill (whether or not it is legally defined as a lottery) and sweepstakes unless the operator has obtained prior approval from PayPal and the operator and customers are located exclusively in jurisdictions where such activities are permitted by law."

Do you think that Betfair and Ladbrokes haven't obtained Paypal's approval?

[sterling]

PayPal were pulled out by eBay in October 2002, settling with the US Department of Justice over providing services to offshore gambling companies in July 2003. They stayed out of the online gambling space until 2006, partnering with Betfair, Ladbrokes and Bwin in 2006, William Hill, Victor Chandler and Paddy Power in 2008, and PartyGaming and 888 this year.

All the signs are they're about to get involved in a big way again, but at present only play with the big boys and don't even like talking about that very much either.

[sterling]

ps I did actually ask Betfair if they also allowed withdrawals on a PayPal account the other week, and they said they were 99% certain they did as otherwise that could encourage fraudulent transactions, but would check...and have since heard nothing back.

I would however check with Betfair themselves, as PayPal refuse to comment on any of the merchants they work with and don't much like talking about working with gambling companies.

[thelawnet]

Used Paypal to deposit and withdraw from betfair and ladbrokes. Found out later it is against their policy.

No it isn't.

https://www.paypal.com/uk/cgi-bin/we...etFair-outside

[winbig]

Paypal likes to make rules as they go along, dependent on how it helps or hurts their bottom line. They openly say that they disallow transactions for adult-related stores/sites, but there's plenty of those that accept paypal...