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Following on from dear Billions thread
I was thinking is it possible or already in place that you could leave your online betting sites in your will.?
and if not should they be.?
I know the t@c’s will say an inactive account of over a year they take a % each month or so but could this be challenged
I’m thinking mainly in terms of long term Ante Post bets that will (sods law) win after you are brown bread
I only bet small and don’t leave a lot of money in my accounts but over the course of the year leave a fair few jackpot bets running onto CheltenhamCharles Darwin to conquer the World
I really should not laugh but you Nathan have made me smile in such dire times.
I have not a clue about what you ask but let us hope we shall all be here next Cheltenham.
Billy's Outback Shack
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Hope you haven’t starting coughing, Nathan
Good to read that I made you smile billy boy
No, not started coughing yet Tommy, just thinking if I had a few hundred pound in each of the many betting accounts out there I’d rather it be given to my family rather than a Christmas bonus to the bosses of betting firms when the time comes.
People must have died over the years with a nice wedge in an account which the family may not even know about. I’ve never heard anyone say they had to send a death certificate to a bookie to claim any funds.Charles Darwin to conquer the World
- Total Posts 2553
‘a few hundred quid in each of many betting accounts’ dream on mate. I’ll bet you 50p e/w that your whole betting bank is no more than £13.24 .. just a bit of fun in these testing times x
With love from your fave Tommy Tanker
When credit betting was the norm rather than debit betting the accepted protocol was all unsettled bets were cancelled if the bettor died. Don’t think this was a legal requirement as all betting transactions weren’t legally enforceable until quite recently; but more the layer reciprocating the ‘debt of honour’ expected of the credit bettor
Now that betting transactions are enforceable and debit betting is the actual exchange of money before the bet is run I really don’t know if layers are expected to honour the bet if it wins and pass the wedge on to the executors of the deceased’s estate. I’d hazard a guess that it would be similar to the law regarding the cashing-in or transfer of a dead person’s share portfolio, of which I know zilch about either
I’m talking in general old Tank
I withdraw anything over £50 as not to be too tempted to give it back
hard to find anything at the moment to bet on so no worries on that front
Thanks Drone, how about money floating in an account at the time of death.? would that not have any chance of finding its way home either.?Charles Darwin to conquer the World
Nathan, life is not the problem as you see it but death is.
Leave the details of the accounts plus pass words etc. so that the money can be withdrawn into your bank account which then forms part of your estate and only a single death cert. will have to be submitted to the bank. Otherwise multiple death certs. will need to be submitted to each layer which holds the money.
Billy's Outback Shack
Not always that simple Bill. Passwords should not be written down / left with anybody. Also some deaths are unexpected so these things are not always thought of. I guess most of these accounts that end up this way will be another Bookies benefit as 1) The accounts will not be known about 2) There is little in the account (< £100) to be worth bothering about.
hard to find anything at the moment to bet on
Ther are two raindrops dribbling down my back room window, Nathan :)
I hear what you are saying Homer but unless such things are written down [somewhere] I am guaranteed to forget them.
It’s an age thing!
In my case I rely more on “pen & ink” than I do such things as Clouds.
I use the electronic thing [lap top] only for short term stuff because I am a bit of a dunce I either lose or muck it up and so my long term record is kept on what you term as Hard Copy with all the relevant information on page 1.
I understand it is wrong but it works for me and if I succumb to the Corona Virus I won’t give a S**T anyway.
Billy's Outback Shack
- Total Posts 2553
Didn’t you used to work in Taunton Hospital, Nathan?
Maybe you’re still working there – or maybe I’ve got that wrong, which would be no surprise.
Would be quite dicey for you with your medical history to be working in one now so I hope I am wrong.Let’s know that you’re ok mate, you’ve got a lot of friends on here. Good man ye are.
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