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  #11  
Old 06-01-2005, 07:01 PM
r2b2 r2b2 is offline
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Join Date: May 2005
Posts: 97
Default Re: Taking a break from Poker, what to do with Money?

Your parents could open a mutual fund account using the Uniform Gift to Minors Act (UGMA) or Uniform Transfer to Minor Act (UTMA). Which one you use depends on your state.
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  #12  
Old 06-01-2005, 07:03 PM
aLOWdAkING aLOWdAkING is offline
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Join Date: Jul 2004
Posts: 102
Default Re: Taking a break from Poker, what to do with Money?

[ QUOTE ]
Your parents could open a mutual fund account using the Uniform Gift to Minors Act (UGMA) or Uniform Transfer to Minor Act (UTMA). Which one you use depends on your state.

[/ QUOTE ]

Heh, thanks, but I'm not sure on that one. My parents see me play online all the time, but I don't even know if they know I'm playing for real or play money. I think they suspects it is indeed real, but they don't approve really.
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  #13  
Old 06-01-2005, 07:06 PM
The4Aces The4Aces is offline
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Join Date: Dec 2004
Posts: 372
Default Re: Taking a break from Poker, what to do with Money?

i am not sure you are even breaking the law. sure it is illegal to gamble underaged here in the us, but i am not sure about where the sites are located. there is probably no law with regard to age where the sites are located. Its probably just a rule the sites set up. I am not certian though.
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  #14  
Old 06-01-2005, 07:08 PM
SomethingClever SomethingClever is offline
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Join Date: Apr 2004
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Default Re: Taking a break from Poker, what to do with Money?

Cash it out and put it in the bank. Donating a portion to charity might ease your guilt. However, the money is not tainted.

You shouldn't feel bad about gambling, unless you are a losing player (which I know you're not), and you lose more than you can afford.

Finally, I hope you keep an open mind about all sorts of things. You're young and you still have a lot to learn. Please don't take this as an insult. I'm not a big fan of organized religion, but I respect that you came on here asking for honest replies rather than flames.
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  #15  
Old 06-01-2005, 08:33 PM
Mason Hellmuth Mason Hellmuth is offline
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Join Date: May 2005
Posts: 164
Default Re: Taking a break from Poker, what to do with Money?

[ QUOTE ]
Do you consider this money tainted? It was earned while I was breaking the law. If so, what should be done?

[/ QUOTE ]

Yes, the money is tainted. You should transfer it to my account immediately.
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  #16  
Old 06-01-2005, 08:38 PM
MrTrik MrTrik is offline
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Join Date: May 2005
Location: Twin Cities, MN, USA
Posts: 573
Default Re: Taking a break from Poker, what to do with Money?

[ QUOTE ]
i am not sure you are even breaking the law. sure it is illegal to gamble underaged here in the us, but i am not sure about where the sites are located. there is probably no law with regard to age where the sites are located. Its probably just a rule the sites set up. I am not certian though.

[/ QUOTE ]

Gambling law is very specific on this. It does not matter where the site is. What matters is where you sit while engaging in the activity.
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  #17  
Old 06-01-2005, 08:38 PM
silkyslim silkyslim is offline
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Join Date: Feb 2005
Location: Illinois
Posts: 359
Default Re: Taking a break from Poker, what to do with Money?

Jesus broke the law my friend. keep playing.
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  #18  
Old 06-01-2005, 08:48 PM
eastbay eastbay is offline
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Join Date: Nov 2003
Posts: 647
Default Re: Taking a break from Poker, what to do with Money?

Is "Do unto others as you would have them do unto you" a Christian principle? (I can't remember if that's where it came from.)

I kind of wondered if poker is really compatible with this principle. It doesn't seem to be, as I wouldn't have others take my money at this game. That would be foolish.

eastbay
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  #19  
Old 06-01-2005, 10:25 PM
iluzion iluzion is offline
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Join Date: Dec 2004
Posts: 622
Default Re: Taking a break from Poker, what to do with Money?

[ QUOTE ]
Is "Do unto others as you would have them do unto you" a Christian principle? (I can't remember if that's where it came from.)

I kind of wondered if poker is really compatible with this principle. It doesn't seem to be, as I wouldn't have others take my money at this game. That would be foolish.

eastbay

[/ QUOTE ]

You would expect the better player to take your money, right? And your not going to get upset here, or well, you shouldn't if you are serious about it, so why would it be wrong, for you to take money from the lesser skilled players, if you expect the same.
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  #20  
Old 06-01-2005, 10:43 PM
StacysMom StacysMom is offline
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Join Date: Sep 2004
Location: THX BARN!
Posts: 214
Default Re: Taking a break from Poker, what to do with Money?

Its obvious that you feel uncomfortable with the status quo and your faith. This is an undisputable reason to wait til you fell they are aligned.

I would not say the money is tainted, but if you think so, then thats what matters.

If you are going to keep the money, put it in ING or something simple so u have access to it again with relative ease when its time to play.

As for gabling and christianity, I am no authority on the issue, but I am a Christian. I believe that as long as I dotn encourage people who can't afford to lose their money to gamble, I'm safe. But again, its up to you when it comes time.
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