So... I've been doing really well with betting this year... I am over 150k+ and currently with sportsbetting.ag...
Just wonder what the best possible way is to deposit this into my bank account without it being traced or red flagging my account...
I thought about doing bank wire transer (max. 24k, but they break that into 3 payments of increments of 9k and nothing ore than 10k for each deposit) OR just keep going through Bitcoin and deposit 9k once a week into my bank account but still thats alot of money each week...
My question is..
what is the best way to deposit it without getting traced and will I have to right this off on my taxes?
Thanks in advance!
0
To remove first post, remove entire topic.
So... I've been doing really well with betting this year... I am over 150k+ and currently with sportsbetting.ag...
Just wonder what the best possible way is to deposit this into my bank account without it being traced or red flagging my account...
I thought about doing bank wire transer (max. 24k, but they break that into 3 payments of increments of 9k and nothing ore than 10k for each deposit) OR just keep going through Bitcoin and deposit 9k once a week into my bank account but still thats alot of money each week...
My question is..
what is the best way to deposit it without getting traced and will I have to right this off on my taxes?
I deposited 76K cashier check 1 year ago. No issues ever came up. I guess banks wants to see a trail where funds are coming from. If the source is legit, i dont think there should be any flags. I beleive you are in States?
0
I deposited 76K cashier check 1 year ago. No issues ever came up. I guess banks wants to see a trail where funds are coming from. If the source is legit, i dont think there should be any flags. I beleive you are in States?
Only Valid options are bank wire transfer and Bitcoin to bank account.. I don't have to fill out any tax forms for the winnings because its illegal to gamble sports online in my state... haven't included any of my winnings in my taxes for the past 3 years either.. so i think you don't report it because it is illegal ... Transfers just show as international transaction..
0
Yes, in the U.S.
Only Valid options are bank wire transfer and Bitcoin to bank account.. I don't have to fill out any tax forms for the winnings because its illegal to gamble sports online in my state... haven't included any of my winnings in my taxes for the past 3 years either.. so i think you don't report it because it is illegal ... Transfers just show as international transaction..
I would go bitcoin with all of it. Go from your book to blockchain to your main bitcoin site (such as Coinbase). I would then send amounts of less than $10k at a time to my bank. I would also have more than one bank linked to my Coinbase account and spread it out to 3 or 4 banks if possible
2
I would go bitcoin with all of it. Go from your book to blockchain to your main bitcoin site (such as Coinbase). I would then send amounts of less than $10k at a time to my bank. I would also have more than one bank linked to my Coinbase account and spread it out to 3 or 4 banks if possible
seriously dude if you really have over 100K in an off shore book. I would get my money asap and deposit it in a brokerage account. seriously good luck getting that 100K most people have trouble getting 1K off these books..
1
seriously dude if you really have over 100K in an off shore book. I would get my money asap and deposit it in a brokerage account. seriously good luck getting that 100K most people have trouble getting 1K off these books..
seriously dude if you really have over 100K in an off shore book. I would get my money asap and deposit it in a brokerage account. seriously good luck getting that 100K most people have trouble getting 1K off these books..
yeah I don't believe this i dont beleive anyone is dumb enough to keep 100k$ in an offshore sportsbook account. good luck with that
1
Quote Originally Posted by Culls17:
seriously dude if you really have over 100K in an off shore book. I would get my money asap and deposit it in a brokerage account. seriously good luck getting that 100K most people have trouble getting 1K off these books..
yeah I don't believe this i dont beleive anyone is dumb enough to keep 100k$ in an offshore sportsbook account. good luck with that
I'm being honest... but you don't have to believe anything.. only reason why I have 100k+ in my account atm is because I took a $200 bonus from Sportbetting.ag and if you take any bonus when you deposit money you must wait 30days before the you can withdraw any money out. Thats that.
Thanks to those with the ideas! appreciate it!
0
I'm being honest... but you don't have to believe anything.. only reason why I have 100k+ in my account atm is because I took a $200 bonus from Sportbetting.ag and if you take any bonus when you deposit money you must wait 30days before the you can withdraw any money out. Thats that.
seriously dude if you really have over 100K in an off shore book. I would get my money asap and deposit it in a brokerage account. seriously good luck getting that 100K most people have trouble getting 1K off these books..
Anyone who has any trouble getting money out of a Sportsbook is either using a crap book or has done something in the past with that book where they have raised a red flag on him
0
Quote Originally Posted by Culls17:
seriously dude if you really have over 100K in an off shore book. I would get my money asap and deposit it in a brokerage account. seriously good luck getting that 100K most people have trouble getting 1K off these books..
Anyone who has any trouble getting money out of a Sportsbook is either using a crap book or has done something in the past with that book where they have raised a red flag on him
The fact that you are posting this is a serious red glad in itself!!!
Yes because he made this financial decision and then after the fact says, "Oh yeah, how do I get the money if I do well?"
Was it his intention to lose everything and not worry about moving money back? If yes hes he's a fool. If not, he's a fool for thinking about about how to take disbursements under the radar for the US state he lives in until now.
Don't mean to be harsh but this ending well is less than 20%. He should do what Houston says and get all ther money in one shot to a bit coin wallet that is not coinbase - a real and private, not an an exchange bit coin wallet. They it is out of the sportsbook and the sportsbook is out of the equation. That's 95% of the battle.
The risk here is bitcoin price fluctuations.
If he gets to that which I highly doubt he needs to start taking 9.5K chunks out every month via an exchange (Coinbase and Gemini are not anonymous and in cahoots with Uncle Sam) sending the scratch to SMALL banks(places not names BofA, WellsFargo, Chase etc), as the big ones are hooked up to every monitoring system and the flag will go up based on his SSN - not the branch. Unless his account has a history of just under $10,000 cash movements in from a foreign country.
Also if he starts to open a few bank accounts at smaller banks in order to spread out the disbursements this activity will also raise an eyebrow.
The offshore sportsbook has every right to stall and deny the payments and do everything they want to not pay - because there is zero recourse.
Betting serious money like this should be done at a real and liquid casino in person with maybe a few beards depending on what one is betting on.
Most offshores have no problem paying out 2-5K a month if you are giving them sides they need. Most offshores have no problem paying out more if you are very red figure with them and over a nice chunk of time.
The pen is mightier than the pigs
0
Quote Originally Posted by holyroller18:
The fact that you are posting this is a serious red glad in itself!!!
Yes because he made this financial decision and then after the fact says, "Oh yeah, how do I get the money if I do well?"
Was it his intention to lose everything and not worry about moving money back? If yes hes he's a fool. If not, he's a fool for thinking about about how to take disbursements under the radar for the US state he lives in until now.
Don't mean to be harsh but this ending well is less than 20%. He should do what Houston says and get all ther money in one shot to a bit coin wallet that is not coinbase - a real and private, not an an exchange bit coin wallet. They it is out of the sportsbook and the sportsbook is out of the equation. That's 95% of the battle.
The risk here is bitcoin price fluctuations.
If he gets to that which I highly doubt he needs to start taking 9.5K chunks out every month via an exchange (Coinbase and Gemini are not anonymous and in cahoots with Uncle Sam) sending the scratch to SMALL banks(places not names BofA, WellsFargo, Chase etc), as the big ones are hooked up to every monitoring system and the flag will go up based on his SSN - not the branch. Unless his account has a history of just under $10,000 cash movements in from a foreign country.
Also if he starts to open a few bank accounts at smaller banks in order to spread out the disbursements this activity will also raise an eyebrow.
The offshore sportsbook has every right to stall and deny the payments and do everything they want to not pay - because there is zero recourse.
Betting serious money like this should be done at a real and liquid casino in person with maybe a few beards depending on what one is betting on.
Most offshores have no problem paying out 2-5K a month if you are giving them sides they need. Most offshores have no problem paying out more if you are very red figure with them and over a nice chunk of time.
The fact that you are posting this is a serious red glad in itself!!!
Yes because he made this financial decision and then after the fact says, "Oh yeah, how do I get the money if I do well?" Was it his intention to lose everything and not worry about moving money back? If yes hes he's a fool. If not, he's a fool for thinking about about how to take disbursements under the radar for the US state he lives in until now. Don't mean to be harsh but this ending well is less than 20%. He should do what Houston says and get all ther money in one shot to a bit coin wallet that is not coinbase - a real and private, not an an exchange bit coin wallet. They it is out of the sportsbook and the sportsbook is out of the equation. That's 95% of the battle. The risk here is bitcoin price fluctuations. If he gets to that which I highly doubt he needs to start taking 9.5K chunks out every month via an exchange (Coinbase and Gemini are not anonymous and in cahoots with Uncle Sam) sending the scratch to SMALL banks(places not names BofA, WellsFargo, Chase etc), as the big ones are hooked up to every monitoring system and the flag will go up based on his SSN - not the branch. Unless his account has a history of just under $10,000 cash movements in from a foreign country. Also if he starts to open a few bank accounts at smaller banks in order to spread out the disbursements this activity will also raise an eyebrow. The offshore sportsbook has every right to stall and deny the payments and do everything they want to not pay - because there is zero recourse. Betting serious money like this should be done at a real and liquid casino in person with maybe a few beards depending on what one is betting on. Most offshores have no problem paying out 2-5K a month if you are giving them sides they need. Most offshores have no problem paying out more if you are very red figure with them and over a nice chunk of time.
Awesome info., BarneyB.
Question: will a legit onshore (William Hill, FanDuel, etc.) take a transfer? Seems it would be in their good interests to do as much.
0
Quote Originally Posted by barneybeans:
Quote Originally Posted by holyroller18:
The fact that you are posting this is a serious red glad in itself!!!
Yes because he made this financial decision and then after the fact says, "Oh yeah, how do I get the money if I do well?" Was it his intention to lose everything and not worry about moving money back? If yes hes he's a fool. If not, he's a fool for thinking about about how to take disbursements under the radar for the US state he lives in until now. Don't mean to be harsh but this ending well is less than 20%. He should do what Houston says and get all ther money in one shot to a bit coin wallet that is not coinbase - a real and private, not an an exchange bit coin wallet. They it is out of the sportsbook and the sportsbook is out of the equation. That's 95% of the battle. The risk here is bitcoin price fluctuations. If he gets to that which I highly doubt he needs to start taking 9.5K chunks out every month via an exchange (Coinbase and Gemini are not anonymous and in cahoots with Uncle Sam) sending the scratch to SMALL banks(places not names BofA, WellsFargo, Chase etc), as the big ones are hooked up to every monitoring system and the flag will go up based on his SSN - not the branch. Unless his account has a history of just under $10,000 cash movements in from a foreign country. Also if he starts to open a few bank accounts at smaller banks in order to spread out the disbursements this activity will also raise an eyebrow. The offshore sportsbook has every right to stall and deny the payments and do everything they want to not pay - because there is zero recourse. Betting serious money like this should be done at a real and liquid casino in person with maybe a few beards depending on what one is betting on. Most offshores have no problem paying out 2-5K a month if you are giving them sides they need. Most offshores have no problem paying out more if you are very red figure with them and over a nice chunk of time.
Awesome info., BarneyB.
Question: will a legit onshore (William Hill, FanDuel, etc.) take a transfer? Seems it would be in their good interests to do as much.
I have only been with my offshore site for less then a month.. nothing has been flagged yet in my account...
I do also have consistent basis of receiving deposits under 10k throughout this year into my bank account at Wells Fargo.. nothing has been flagged yet during that time either...
I was thinking that the best way to go about this is to just continue to do what I have been doing though bitcoin and coin base and just taking under 9K out once a week until most of it has been collected.. that might be the safest way to go..
Thanks for your input! appreciate it!
0
Barney Beans thanks for being honest...
I have only been with my offshore site for less then a month.. nothing has been flagged yet in my account...
I do also have consistent basis of receiving deposits under 10k throughout this year into my bank account at Wells Fargo.. nothing has been flagged yet during that time either...
I was thinking that the best way to go about this is to just continue to do what I have been doing though bitcoin and coin base and just taking under 9K out once a week until most of it has been collected.. that might be the safest way to go..
LOL...Winning $150K is nothing to a legit book...For every bettor that wins $150K...They have 10 bettors losing $200K...Also the book knows in the long run they will get their $$ back...
Mayweather bet 450000 on
0
LOL...Winning $150K is nothing to a legit book...For every bettor that wins $150K...They have 10 bettors losing $200K...Also the book knows in the long run they will get their $$ back...
Send Bitcoin to Virwox Exchange (Austria based). Virwox will exchange your bitcoin for their currency. They will send their currency to your Paypal. The trail is no longer related to online gambling because their currency is a product. You have bought a product from them (for a fee of 1-4%, depending on your volume). Can be done in less than 20 minutes.
It's how I pay myself out. I also live in a state that's illegal to gamble.
2
Have them pay you in Bitcoin.
Send Bitcoin to Virwox Exchange (Austria based). Virwox will exchange your bitcoin for their currency. They will send their currency to your Paypal. The trail is no longer related to online gambling because their currency is a product. You have bought a product from them (for a fee of 1-4%, depending on your volume). Can be done in less than 20 minutes.
It's how I pay myself out. I also live in a state that's illegal to gamble.
There is a reason why Vegas has the all the big buildings and bright lights
Some of these guys on here
What amount did you start with to reach $150K? Love hearing these stories...I once took $280 up to $39K 2 years ago....I bet you hit some big parlays? Lets hear the story..
Mayweather bet 450000 on
1
Quote Originally Posted by ByrdMane612:
Davemsh...LOL ... I totally agree!!!
There is a reason why Vegas has the all the big buildings and bright lights
Some of these guys on here
What amount did you start with to reach $150K? Love hearing these stories...I once took $280 up to $39K 2 years ago....I bet you hit some big parlays? Lets hear the story..
Your best bet is to send it to bitcoin. If you don’t have any issues getting it from sports book then you are free. If u are able to get that first step done then u can worry about the second step later. Congrats on making 150k in a month
0
Your best bet is to send it to bitcoin. If you don’t have any issues getting it from sports book then you are free. If u are able to get that first step done then u can worry about the second step later. Congrats on making 150k in a month
Started with $980 when vikes played rams on 9/27. Just keep doubling up on my wagers after that and went on a good run. Played a large wagers at 20k+ and won. Then this past Saturday with 70k+ I risked all of that on Arkansas doing 3 different bets on them. One at arky+6.5, another arky+6.5, and arky +7.5. Yes, my site let's you do that as long as the odds and spreads are different you ca place the max wager on each. Max wager is 20k.. math is horrible but yes, that's how it happened...
Reading some of the stories on bank account activities and suspicious activities got me worried though.. they saying having money or amounts under 10k deposited to your account routinely is consider suspicious and banks a d IRS look into that and report it to the big dawgs.. need to file some garbage called the CTR.. don't know kind of on the fence about online sports betting now.. never though I'll get here but it doesn't seem as enjoyable as I though when I wanted to win money..
0
Long story short...
Started with $980 when vikes played rams on 9/27. Just keep doubling up on my wagers after that and went on a good run. Played a large wagers at 20k+ and won. Then this past Saturday with 70k+ I risked all of that on Arkansas doing 3 different bets on them. One at arky+6.5, another arky+6.5, and arky +7.5. Yes, my site let's you do that as long as the odds and spreads are different you ca place the max wager on each. Max wager is 20k.. math is horrible but yes, that's how it happened...
Reading some of the stories on bank account activities and suspicious activities got me worried though.. they saying having money or amounts under 10k deposited to your account routinely is consider suspicious and banks a d IRS look into that and report it to the big dawgs.. need to file some garbage called the CTR.. don't know kind of on the fence about online sports betting now.. never though I'll get here but it doesn't seem as enjoyable as I though when I wanted to win money..
Long story short...Started with $980 when vikes played rams on 9/27. Just keep doubling up on my wagers after that and went on a good run. Played a large wagers at 20k+ and won. Then this past Saturday with 70k+ I risked all of that on Arkansas doing 3 different bets on them. One at arky+6.5, another arky+6.5, and arky +7.5. Yes, my site let's you do that as long as the odds and spreads are different you ca place the max wager on each. Max wager is 20k.. math is horrible but yes, that's how it happened...Reading some of the stories on bank account activities and suspicious activities got me worried though.. they saying having money or amounts under 10k deposited to your account routinely is consider suspicious and banks a d IRS look into that and report it to the big dawgs.. need to file some garbage called the CTR.. don't know kind of on the fence about online sports betting now.. never though I'll get here but it doesn't seem as enjoyable as I though when I wanted to win money..
started with a thousand and now at 150k haha lol come on man at least make your story more believable, such a waste of internet space
0
Quote Originally Posted by ByrdMane612:
Long story short...Started with $980 when vikes played rams on 9/27. Just keep doubling up on my wagers after that and went on a good run. Played a large wagers at 20k+ and won. Then this past Saturday with 70k+ I risked all of that on Arkansas doing 3 different bets on them. One at arky+6.5, another arky+6.5, and arky +7.5. Yes, my site let's you do that as long as the odds and spreads are different you ca place the max wager on each. Max wager is 20k.. math is horrible but yes, that's how it happened...Reading some of the stories on bank account activities and suspicious activities got me worried though.. they saying having money or amounts under 10k deposited to your account routinely is consider suspicious and banks a d IRS look into that and report it to the big dawgs.. need to file some garbage called the CTR.. don't know kind of on the fence about online sports betting now.. never though I'll get here but it doesn't seem as enjoyable as I though when I wanted to win money..
started with a thousand and now at 150k haha lol come on man at least make your story more believable, such a waste of internet space
Ok public Joe.. I don't know why anyone would make this story up while looking for advice on how to get the money. I'm not here to brag or boost about what I made, I'm just hear to get advices on how to retain my winnings in a safe and reliable way so I can spend it. Sorry but I'm not sorry about how your season has been going. I mean. Isn't the point of sports wagering to win money and come up? I pray you have a good year and make money too. I have no hate towards those that have no open mind but I do however have hate for those that hate just to hate. Don't hate buddy! Just looking for advice, not trying to sell you picks or make you lose money or even taking sides tonight on any sports.. just looking for advice, if you don't have any please keep capping on games so maybe one day you'll come back here looking for the same advice I am..
0
Ok public Joe.. I don't know why anyone would make this story up while looking for advice on how to get the money. I'm not here to brag or boost about what I made, I'm just hear to get advices on how to retain my winnings in a safe and reliable way so I can spend it. Sorry but I'm not sorry about how your season has been going. I mean. Isn't the point of sports wagering to win money and come up? I pray you have a good year and make money too. I have no hate towards those that have no open mind but I do however have hate for those that hate just to hate. Don't hate buddy! Just looking for advice, not trying to sell you picks or make you lose money or even taking sides tonight on any sports.. just looking for advice, if you don't have any please keep capping on games so maybe one day you'll come back here looking for the same advice I am..
you mad bro?
haha lol come on man at least make your story more believable, such a waste of internet space
Hot Forum Topics
