Originally Posted by blowingbubbles
You can not legitimately "do" it for your Brother, for quite a few reasons but at the very least it is against the T&Cs so they would be within their rights not to pay you winnings.
Originally Posted by betty_swollocks
What you meant to say is "For me to sit beside my Brother showing him what to do" of course.
Originally Posted by betty_swollocks
Whether anyone would ever be able to tell if you were sat next to him or not is another question, but I would recommend you avoid taking the chance. It would be best if you visited him at his house and showed him on his computer as that would then be 100% different everything and you dont have to try to "hide" anything. Also be carefull if you were going to split the profits as at this point your cut is liable to tax as you are being paid for providing a service (you may get away with this as a "gift" though since it is your Brother the IR does not usually meddle in family matters).
Why not show him the ropes and make a few hundred £s with him then he will be able to take it up himself and make much more without your help anymore, its like that Oxfam advert about giving him a fish for a day or a Net for life, teach him is better than doing it for him. Whatever you decide Goodluck!
Have a plan and stick to it
Sorry for the bad family news ,Betty.
I think Andy`s advice is sound and avoids non payment from bookie issues.
Hopefully your brother does not live too far away and you can visit and sit in .
I did a day session for daughter`s boyfreind last month and he cleared £300,
though I think it may take more sessions before he fully gets the AP philosophy.
Good Luck to all
Hi Andy - I know you mentioned this before and I'm curious as to how this can be done. What if your brother loses money through a couple of mistakes and you compensate him for this? Can you claim this as operating losses - I don't think the taxman would buy this?
Originally Posted by Andy
I would suggest that the best way would be to show him how to do it so he has the control - if he's that desperate then the lure of fairly easy money should be enough drive for him to take it up.
If you do it for him then as Andy mentioned bookies may not pay out winning bets if they link accounts although it's happened for me + the gf (who has a different address) and all they tend to do it close/limit accounts (the mainstream bookies at least). I don't know how bookies could prove you placed a bet for your brother even if it was the same computer, same IP and you both bet within minutes of each other as they cannot prove that your brother did not go on the computer straight after you placed the bet to place his bet.
FYI - the books that have linked me and gf through PC are skybet (they closed both accounts), jetbull (just didn't allow any bonuses on newest account), bet365 (both limited to peanuts) and betway (closed). The bookies that have linked me through IP address are bodog (closed) and vcbet (didn't close or limit either account bizarrely - they just refused to give cashback on a promotion). I always change ip address when using the two accounts these days and have had no problems with any other bookie (I've joined around 100 uk/euro bookies) since doing this although I am gubbed at a fair few these days.
The only safe way (if you can call it that) is to have different everything for example different:
6)Moneybookers account etc
7)Login to the same bookie at different times for example, if you log into coral don't straight away login using the other account, once you have finished with your account.
However the issues with tax and using someone else’s bank account etc can cause problems, but if they have given permission for the use of the bank account; the only real issue is tax. However for a few thousand that can be paid over time in instalments, it’s unlikely the taxman in my option will bother to look into it, unless you draw attention to yourself.
If your bothers wife has taken your surname after marriage I think it could be too difficult/risky for you to do safely.
Just my option of course.
One day you have it........Next it's AllGone
Its not the transfer rate that solely determines lag, latency counts as well.
Originally Posted by loikloik
Thanks everyone for taking the time to respond, some nuggest of pure gold in there, Ta. Wise advice about showing my Bro the ropes, I think this is the way to go, long term.
Will let you know how I get on