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    All Forums | Gaming Industry - US

    Local book better than offshore?

    playloud2112
    betbtb
    billyloco
    vinnievibes
    Participants:
    Search
    Views: 973
    Posts: 7
     
    playloud2112
    playloud2112
    Prospect
    Participation Meter
    Joined: Oct, 2011
    Posts: 37
    Posted: Aug. 8, 2014 - 1:53 PM ET #1

    Hey guys, looking for advice on whether or not it's better to find a local guy than an offshore account like 5dimes or Bovada, etc..Offshore seems fairly easy but I'd rather not lose 40% to the feds if I can help it! Thanks so much for any help or advice. Peace, PL
    Reply
    To remove first post, remove entire topic.
    Hey guys, looking for advice on whether or not it's better to find a local guy than an offshore account like 5dimes or Bovada, etc..Offshore seems fairly easy but I'd rather not lose 40% to the feds if I can help it! Thanks so much for any help or advice. Peace, PL
     
    betbtb
    betbtb
    Banned
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    Joined: Jul, 2014
    Posts: 23
    Posted: Aug. 8, 2014 - 2:53 PM ET #2

    With the hall of fame game kicking off last note its football time..so get signed up with betbtb.com and grab our bonus get what's important.. GET PAID fast when it counts.use moneypak to avoid western union red flag or turned down credit card deposits.use our website or our phone lines to get in your action..go to betbtb@aol.com to get your account today..good luck to all in the up coming college and pro games..…
    Reply
    With the hall of fame game kicking off last note its football time..so get signed up with betbtb.com and grab our bonus get what's important.. GET PAID fast when it counts.use moneypak to avoid western union red flag or turned down credit card deposits.use our website or our phone lines to get in your action..go to betbtb@aol.com to get your account today..good luck to all in the up coming college and pro games..…
     
    billyloco
    billyloco
    Hall of Fame
    Participation Meter
    Joined: Nov, 2004
    Posts: 22557
    Posted: Aug. 8, 2014 - 6:19 PM ET #3

    playloud...DO NOT CONTACT betbtb..if they have to come on here to troll, phish, whatever it's called ... than it's a poor book in many ways!

    40% for what?? Offshore is risky with some books... but so is some locals.

    I'm in the Soccer forum if you have anymore questions.
    Reply
    playloud...DO NOT CONTACT betbtb..if they have to come on here to troll, phish, whatever it's called ... than it's a poor book in many ways!

    40% for what?? Offshore is risky with some books... but so is some locals.

    I'm in the Soccer forum if you have anymore questions.
     
    vinnievibes
    vinnievibes
    Prospect
    Participation Meter
    Joined: Sep, 2013
    Posts: 412
    Posted: Aug. 8, 2014 - 7:21 PM ET #4

    Quote Originally Posted by playloud2112:

    Hey guys, looking for advice on whether or not it's better to find a local guy than an offshore account like 5dimes or Bovada, etc..Offshore seems fairly easy but I'd rather not lose 40% to the feds if I can help it! Thanks so much for any help or advice. Peace, PL
    local is the way to go..no money up front, collect or pay on thursday..ask your bartender, the guy running the pool. someone at work..i'm from mass and i'm stumbling over bookies..the only reason i'm looking for offshore is to play a little roulette , nothing big..maybe..but until i find someone with quick payouts, it's not gonna happen
    Reply
    Quote Originally Posted by playloud2112:

    Hey guys, looking for advice on whether or not it's better to find a local guy than an offshore account like 5dimes or Bovada, etc..Offshore seems fairly easy but I'd rather not lose 40% to the feds if I can help it! Thanks so much for any help or advice. Peace, PL
    local is the way to go..no money up front, collect or pay on thursday..ask your bartender, the guy running the pool. someone at work..i'm from mass and i'm stumbling over bookies..the only reason i'm looking for offshore is to play a little roulette , nothing big..maybe..but until i find someone with quick payouts, it's not gonna happen
     
    playloud2112
    playloud2112
    Prospect
    Participation Meter
    Joined: Oct, 2011
    Posts: 37
    Posted: Aug. 9, 2014 - 1:48 AM ET #5

    hey thanks BillyLoco and VinnieVibes! I meant when I get a payout, paying taxes on that money. I use 5dimes and have had no problems getting money, just don't take it out much so I can bet against my bankroll. I know some players don't pay taxes/claim the winnings but I don't want any red flags/audits to be honest. I've asked around Boston quite a bit, still no luck finding a local book.
    Reply
    hey thanks BillyLoco and VinnieVibes! I meant when I get a payout, paying taxes on that money. I use 5dimes and have had no problems getting money, just don't take it out much so I can bet against my bankroll. I know some players don't pay taxes/claim the winnings but I don't want any red flags/audits to be honest. I've asked around Boston quite a bit, still no luck finding a local book.
     
    vinnievibes
    vinnievibes
    Prospect
    Participation Meter
    Joined: Sep, 2013
    Posts: 412
    Posted: Aug. 9, 2014 - 4:49 PM ET #6

    playloud, what type of deposit and withdrawal do you use..a few people on here seem to like vanilla reload but I went to their website and it looks like you can't use it at an atm, which is what I want to do..also fivedimes now has bitcoin for deposit and maybe in the future, withdrawals..don't know anything about bitcoins , but there are two words I picked up on the sbr forum that I like about this method..payouts in "seconds" and payouts are "anonymous"..anonymous might take care of your forty percent problem
    Reply
    playloud, what type of deposit and withdrawal do you use..a few people on here seem to like vanilla reload but I went to their website and it looks like you can't use it at an atm, which is what I want to do..also fivedimes now has bitcoin for deposit and maybe in the future, withdrawals..don't know anything about bitcoins , but there are two words I picked up on the sbr forum that I like about this method..payouts in "seconds" and payouts are "anonymous"..anonymous might take care of your forty percent problem
     
     
    playloud2112
    playloud2112
    Prospect
    Participation Meter
    Joined: Oct, 2011
    Posts: 37
    Posted: Aug. 10, 2014 - 12:29 AM ET #7

    Hey VV, I use 5 dimes Visa Processor for deposit and payout to my bank account. The 40% is to be safe honestly, come tax time. I'm treating this like a job and would like to avoid red flags if I can haha. IMO it's free money and don't want to get greedy. That is the biggest lesson I've learned over my years of sports wagering for sure! I will look into bitcoin for sure though, thank you so much for the help/advice! I find anything out, I will be in touch.
    Reply
    Hey VV, I use 5 dimes Visa Processor for deposit and payout to my bank account. The 40% is to be safe honestly, come tax time. I'm treating this like a job and would like to avoid red flags if I can haha. IMO it's free money and don't want to get greedy. That is the biggest lesson I've learned over my years of sports wagering for sure! I will look into bitcoin for sure though, thank you so much for the help/advice! I find anything out, I will be in touch.
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