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
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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
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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
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
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.
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.
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
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
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.
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.