Need advice regarding a withdrawal

Hey guys looking for some advice here even though I never post just read what others have to say. Been betting a long time and lost a lot more than I have won. But a few months ago I deposited into Bookmaker and have had a lucky run since. Ive made a couple Western Union withdrawals and one bank wire transfer for $4500 about a month ago. Just this last week I requested another bank wire transfer for $6500 and was told by customer service that they changed their policy and the minimum they would process by wire is now $10,000.  I had just a little more than that in my account so after arguing with them I went ahead with it.   My main questions are:  Is it risky to withdraw that much legally?  Do i need to worry about my bank notifying the IRS?  And also is bookmaker lying to me to create a problem since I have been winning?    Any advice would be greatly appreciated. Thanks

Also has anyone else recently taken a wire transfer from bookmaker for under $10k?    or has anyone ever taken a large wire withdrawal from any book and ran into a problem with their bank?   thanks again guys just looking for some advice. Happy I've actually won gambling for a change just dont wanna blow it by making a stupid decision trying to collect the winnings

You should be declaring this amount on your taxes no matter if the bank will tell the IRS or not. You get to offset winnings with gambling losses so if you are a net loser there should be no tax bill for your winnings.

I doubt bookmaker is creating the rule just for you. I'd be surprised, let's put it that way.

I tend to keep my wires under 3000 and have had no issues. Larger amounts are going to send up 'red' flags for sure. Spread your withdrawal methods around between ACH/Moneygram/Check/WU and you should be fine. Congrats on your wins and good luck:)

I tend to keep my wires under 3000 and have had no issues. Larger amounts are going to send up 'red' flags for sure. Spread your withdrawal methods around between ACH/Moneygram/Check/WU and you should be fine. Congrats on your wins and good luck:)

Thanks for the responses guys.  I guess as much as anything I just dont understand why they let me do a wire for 4500 the first time and then all of a sudden their policy changed?

Kaponofor3:  I am a net loser overall for the 6 years I have been betting online but I have won for this year so far so I would probably still have to pay if I declare the winnings from bookmaker.

Bookmaker and DSI had to change their bank wire processors, and the minimum withdrawal went up to $10,000 and there is at least a $400 charge to have it paid out that way (yeah...WTF?).  Banks are required to notify the IRS of all wires over $5,000....so I would watch it.  I'm not saying you'll get tagged after the first time...but after continued wires that big you'll end up on someone's radar.