Hello,

I regretfully have to ask this question here as my son seems to have done something ridiculous and continued to deposit to Party Poker (PP) in $200-500 increments over the weekend - while he had no money in his bank account to cover these charges. We are in Canada btw.

Now that his bank account is at a -$3000 balance I frantically called our bank manager today asking about this situation and what to do. He suggested claiming NSF to PP and essentially taking the money back from them. From my understanding, the bank can take the money back from them within 3 days of deposit time roughly - in a similar way to how PP can take the money from my sons account. It seems our bank manager hasn't dealt with similar situations in the past and doesn't know how PP will react.

Does anyone have similar experiences within recent years that they can use to provide advice on? If we get the bank to claim NSF, what does Party do? Do they suddenly send extreme serious law suits to us? Do they send debt collectors? Will we be expected to settle some way out of court...or do they keep trying to withdrawal the money from his account? We can obviously open him a new bank account so that PP no longer has his banking info.

Please, any honest legitimate advice and recommendations would be greatly appreciated. Any similar experiences would be fantastic to hear about.

Thanks

Partypoker account balance now?

So your "son" has done this? Come on man, this is equivalent to the ol' Neteller trick. I know you're not in the US, but here you could not open up a new checking account for five years because of Chex Systems. Just work out a payment plan with the bank and don't gamble with money you don't have anymore. Good luck and keep us updated.

i think its not much...but my son mentioned getting a $700 US bonus from them next week on Sunday as a % of money made by the site - rakeback. I'm under the impression he had a complete brain cramp from Sunday night until Monday afternoon and played crazily.

Usually it is a "cousin" or "friend" who did this, but whatever.

I don't believe gambling related debts are enforceable in Canada, but I assume Party would have some methods to try to collect (collection agencies, credit reporting threats etc.). I would be pretty surprised if they filed a small claims civil case, and zero chance any criminal case will come from this. Obviously the account (if nothing is repaid) will be closed, although that should be a happily accepted outcome regardless of the choice you make.

Some people will preach "do what is right" others will say "screw the gambling sites" so you have to choose what is best for you (oops I mean your "son"), and safe to say that you (oops, your "son") should remove all gambling sites from the computer and never have access to gamble again.

I'm unfamiliar with the Neteller situation and haven't heard of this Chex Systems - can you explain this 5 years no bank account thing?

After a quick google i see that its a verification service and consumer credit reporting agency. Does something similar to this apply in Canada?

Appreciate the reply

Here myself now on fathers account. OP was him as he's the one concerned and contacting the bank and looking for a way to handle this. As out of my right mind as I was at the moment I understand what I'd done.

Not looking to scam but clearly I can't be the first in a situation like this, and I simply don't have the money so I don't know what to do. Can't believe PP has the ability to continue letting me deposit. I really really wonder what peoples experiences have been in the past. I wonder what the hell a debt collector would do....settle my $3000 debt for $1500 or something?

So is his Grandfather posting now or something? They have certainly conquered the generation gap in that family.

Grandfather is isildur1 so he's still too focused on his milly to care about me

I guess TV poker is still working to get people inspired to spew away money.

All I can say is, I came looking for something to make me laugh and I found it.

G'job!

So you lost the money or chip dumped to a few friends? lol. This is how they scammed back in the day. You would have some room had you done it on a VPN and could claim hacked but pretty much you'll pay or they'll close and ban your account. Pretty much all Poker sites have a shared blacklist so you'll be banned on pretty much every gaming site for life or restricted to using Bitcoin or something without chargebacks.

Just get the money back from all your buddies you dumped to.

seems impossible to think you could transfer money to a site without money in the bank.

Well done OP

Degend 3k you didn’t have in hopes you’d run it back

You got 2 options and only 2

1) reverse the charges and get the money back but get banned from PP
2) have your PP open and now owe the bank

Really as simple as that

Various online poker sites have prosecuted various offenders for fraud/theft/etc.

Some have been discussed on these forums, some have garnered media coverage elsewhere.

Here's a link to (what appears to be) an explanation of the Canadian laws that may apply here: https://en.wikibooks.org/wiki/Canadian_Criminal_Sentencing/Offences/Theft_Under_$5,000

It appears that you'll receive a lesser punishment if you return the money that you stole.

Full tilt poker was crediting deposits without even attempting to withdraw from banks for some people/areas. Of course it did not end well.

poker_player123, what is your bank going to do? They can not leave a negative balance can they? They will probably return each attempt for a NSF and charge something ($30) for each attempt. After having a negative balance from fees, they will close account.

PartyPoker will close account and send to collections.

pokerplayer123 .......... dont doubt thats your password for your party account as well

I was familiar with FT doing that, but it seems to me that this sort of thing might have been fixed in the last 7 years?

Clearly, quite clearly, you owe the full amount of money to them. Lesson learned. You pay the bank, the bank pays PP, story over.