Fantasy Football Commissioners

[Big Blitz]

Mods, feel free to move to the fantasy thread - I just see it's hardly ever posted in.  Wanted as many thoughts on this new development as possible.

 

 

How are you collecting league buy ins?

 

And paying out.  

 

 

[nucci]

I use paypal venmo zelle.....Thanks for posting. Though how do they know it's for fantasy sports? I use paypal a lot to send and receive money

Edited August 7, 2022 by nucci

[Southern_Bills]

I only play leagues with local guys, we pay with cash. If I had to use one I would use Zelle or cash app though. 

[Doc Brown]

I run a 12 league team and they all pay me through venmo.  I'm just going to plead ignorance.

[YoloinOhio]

13 hours ago, nucci said:

I use paypal venmo zelle.....Thanks for posting. Though how do they know it's for fantasy sports? I use paypal a lot to send and receive money

That’s my question too. I prefer Zelle because don’t trust Venmo (and hate that Venmo transactions are public) but will tell everyone to leave the memo blank when sending the $.

[galept]

15 hours ago, nucci said:

I use paypal venmo zelle.....Thanks for posting. Though how do they know it's for fantasy sports? I use paypal a lot to send and receive money

 

This time of year they're on the lookout for 8-12 similar-value payments from different people all within a short time frame. And if one of them puts anything related to fantasy or football in the description then it's another red flag. Payouts are easier to disguise.

 

I got flagged for this a decade ago on PayPal (who own Venmo) for a March Madness pool. They saw all the buy-ins, froze the funds and then warned me about using their platform for gambling. I had the ability to proceed anyway as long as I denied the allegation, because they believe they've taken care of their gambling liability via the warning.

 

1 hour ago, YoloinOhio said:

That’s my question too. I prefer Zelle because don’t trust Venmo (and hate that Venmo transactions are public) but will tell everyone to leave the memo blank when sending the $.

 

All my Venmo transactions are set to private as the default, so I don't show up on anyone's feed. Trust is another thing, though.

Edited August 8, 2022 by galept

[Watkins101]

1 hour ago, YoloinOhio said:

That’s my question too. I prefer Zelle because don’t trust Venmo (and hate that Venmo transactions are public) but will tell everyone to leave the memo blank when sending the $.

Just so you are aware, You can set Venmo transactions to be private. 

[YoloinOhio]

20 minutes ago, Watkins101 said:

Just so you are aware, You can set Venmo transactions to be private. 

I didn’t know you could do that as I rarely use it, only when it’s my only option. I’ll do that from now on. 

[Watkins101]

9 minutes ago, YoloinOhio said:

I didn’t know you could do that as I rarely use it, only when it’s my only option. I’ll do that from now on. 

Yup. When you go to pay (at least on the iOS app), there’s a little link that says public right above the pay button. If you click on that, you can select who can view: public, friends (yours and the recipients’), or private (just you and the recipient).