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revs
19 Feb 12 11:28
Joined:
Date Joined: 26 May 01
| Topic/replies: 569 | Blogger: revs's blog
Before I start, I'm not a loser, using credit cards to gamble my way out of trouble.  Quite the opposite!

I have short term liquidity issues, and I need to use my credit cards to put bets on at the bookies (high street) and maybe to use in betfair.

I know there are credit card charges for these cash transactions - are there any ways around this? 3% charges would wipe out my margin.

Cheers
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Report taipan501 February 19, 2012 12:33 PM GMT
if 3% once is gonna wipe out your margin, give it up..............and your need to explain yourself smacks of desperation
Report taipan501 February 19, 2012 12:34 PM GMT
sorry , harsh but true. hth
Report revs February 19, 2012 3:59 PM GMT
I guess I was going to come over as desperate, explanation or not....3% guaranteed over 30 day term...give it up??  Are you serious - where else would you get that return?

I generate profits (risk free) by using large amounts of cash!
Report sludge February 19, 2012 4:01 PM GMT
R u going to tell us then ?
Report saddo February 19, 2012 4:22 PM GMT
email scent.
Report newlawncailin February 19, 2012 4:29 PM GMT
I may be wrong but i am sure the shops only take debit and not credit cards
Report Deltâ February 19, 2012 4:37 PM GMT
been here 11 years - runs profitable 'system' - but has no liquid money


hmmm
Report Deltâ February 19, 2012 4:38 PM GMT
and returning 36% return min pa
Report revs February 19, 2012 5:21 PM GMT
i didn't say I had no money - you assumed.  My 'system' is nothing more than common sense - something that 95% of people on here are not blessed with
Report saddo February 19, 2012 5:45 PM GMT
I think you are missing out by only doing it for 30 days imo.
Report daniels mother February 19, 2012 8:24 PM GMT
if you use your credit card on here, you get the double wammy,betfair charge you and your credit card company charge as cash as well !!
Report daniels mother February 19, 2012 8:26 PM GMT
i have just transfered some money to paypal (no charge) and will now use this in several places to see who charges
Report pandy February 19, 2012 8:40 PM GMT
you could do what i do and use a debit card instead im 47 and can swear on my life and my kids life i have never had and never want a credit card if you aint got it dont spend it thats why europe is in the state its in
Report saddo February 19, 2012 8:43 PM GMT
I was too ashamed to admit that I have never had one Laugh
Report revs February 19, 2012 11:11 PM GMT
Im still smelling of desperation aren't I - I have a 6 figure sum in cash thats already tied up - the extra credit is to soak up the remaining of the risk-free opportunity.
Report ph. February 19, 2012 11:49 PM GMT
u hope to generate risk free profits with huge amounts of cash? But u ain't got any readies? Thats why ur betting on the never never,if the system is sure then unlock your tied up assets and play with ur own dough. Credit cards tuck u up both ends and deservedly so,the pro betting vehicle of the degenerate.
Report revs February 20, 2012 9:58 AM GMT
'soak up the remaining' - it means that I've already put my cash into this opportunity - I just wanted more!

I think I've found the answer in that there is no way to access cash (cheaply) from a credit card.

I do have some further funds tied up in stocks and shares ISA's but then again there are transaction costs involved and I'd lose my ISA allowance.
Report Facts February 20, 2012 10:17 AM GMT
WALOFS !!
Report revs February 20, 2012 11:35 AM GMT
?? I come on here asking a simple question, expecting a simple answer.  Most of you fail to read what I actually type...you seem to assume the worst or look for something that just isn't there - I bet you're the same with your gambling.  Its called maximising profits you mugs!
Report thevicker February 20, 2012 12:01 PM GMT
I have a pal, who recons he can turn 20 pounds into 5000 pounds in a week.
Trouble is he hasn't got 20 pounds, and no one will lend it him.Sad
Report swift-tuttle February 20, 2012 12:03 PM GMT
use your credit card to buy a car in the North
drive it down sarf and sell it for cash

job done
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