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    All Forums | Las Vegas

    10k Parlay - Live in Vegas

    Mike41082
    desertspade
    sports_Network
    LVOptiontrader
    mbialowas
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    Views: 4327
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    Mike41082
    Mike41082
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    Posted: Feb. 16, 2017 - 12:48 AM ET #1

    I know some kind of variation of this question has probably been asked 100 times in here ... but I won 10k playing on DK ... I want to know if I could take 10k to vegas, and parlay it on like a 2 or 3 gamer ... odds like (-110, -110, and -240) or something like that ... something that would pay close to 50k off a 10k bet ... and more importantly, which sports would they allow me to do this on ... if I could do this off the board, stay anonymous, etc ... If I won I would pretty much just leave, and fly home ... I might take something like 5k a play poker for a little bit ... but really I just wanna try and parlay 10k into 50k w a somewhat realistic shot to win.
    Reply
    To remove first post, remove entire topic.
    I know some kind of variation of this question has probably been asked 100 times in here ... but I won 10k playing on DK ... I want to know if I could take 10k to vegas, and parlay it on like a 2 or 3 gamer ... odds like (-110, -110, and -240) or something like that ... something that would pay close to 50k off a 10k bet ... and more importantly, which sports would they allow me to do this on ... if I could do this off the board, stay anonymous, etc ... If I won I would pretty much just leave, and fly home ... I might take something like 5k a play poker for a little bit ... but really I just wanna try and parlay 10k into 50k w a somewhat realistic shot to win.
     
    desertspade
    desertspade
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    Posted: Feb. 16, 2017 - 2:00 AM ET #2

    Of course you can do this. I don't know if there are many books that take 2-team parlays but pretty much all are open to 3-team parlays. The best way to stay hush-hush on the situation is to play the parlay cards at various properties, thus spreading your cash out. Hell, I even do that with straight bets if I'm wanting to lay a particularly large amount. 

    I'm not entirely sure about your question on the particular sports, although 10k is not much as far as action goes here in Vegas-- not that you should just plop that down on one card. That would be bad news as they'd take your information since the transaction was $10,000+. NBA and NCAA should be fine. NHL... I don't know about. If you spread it out over a number of properties though I'm pretty sure you could do it for any major sport.

    Another thing... I would advise against flying with $10,000 or more. You will probably be alright since it is a domestic flight but if for some reason they searched your bag and found a fat wad, that would not be ideal. They would probably question you and take down your information for the IRS as well. There are ways around that but I'm sure you can figure that one out on your own.


    Reply
    Of course you can do this. I don't know if there are many books that take 2-team parlays but pretty much all are open to 3-team parlays. The best way to stay hush-hush on the situation is to play the parlay cards at various properties, thus spreading your cash out. Hell, I even do that with straight bets if I'm wanting to lay a particularly large amount. 

    I'm not entirely sure about your question on the particular sports, although 10k is not much as far as action goes here in Vegas-- not that you should just plop that down on one card. That would be bad news as they'd take your information since the transaction was $10,000+. NBA and NCAA should be fine. NHL... I don't know about. If you spread it out over a number of properties though I'm pretty sure you could do it for any major sport.

    Another thing... I would advise against flying with $10,000 or more. You will probably be alright since it is a domestic flight but if for some reason they searched your bag and found a fat wad, that would not be ideal. They would probably question you and take down your information for the IRS as well. There are ways around that but I'm sure you can figure that one out on your own.


     
    sports_Network
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    Posted: Feb. 16, 2017 - 5:30 AM ET #3

    Quote Originally Posted by Mike41082:

    I know some kind of variation of this question has probably been asked 100 times in here ... but I won 10k playing on DK ... I want to know if I could take 10k to vegas, and parlay it on like a 2 or 3 gamer ... odds like (-110, -110, and -240) or something like that ... something that would pay close to 50k off a 10k bet ... and more importantly, which sports would they allow me to do this on ... if I could do this off the board, stay anonymous, etc ... If I won I would pretty much just leave, and fly home ... I might take something like 5k a play poker for a little bit ... but really I just wanna try and parlay 10k into 50k w a somewhat realistic shot to win.
    Your question has been asked quite often (Las Vegas forum); and answered with some very good info in the past...I'll make it simple and to the point. Everything you seek can happen, all sports qualify, including Twin parlays, I would recommend you use the services of the Westgate SuperBook. OR a Cantor sportsbook. Yes, 50k is in reach, and you do have more than a 'realistic' shot to WIN.

    the best to you, and your quest to gain the winning edge....

    Reply

    Quote Originally Posted by Mike41082:

    I know some kind of variation of this question has probably been asked 100 times in here ... but I won 10k playing on DK ... I want to know if I could take 10k to vegas, and parlay it on like a 2 or 3 gamer ... odds like (-110, -110, and -240) or something like that ... something that would pay close to 50k off a 10k bet ... and more importantly, which sports would they allow me to do this on ... if I could do this off the board, stay anonymous, etc ... If I won I would pretty much just leave, and fly home ... I might take something like 5k a play poker for a little bit ... but really I just wanna try and parlay 10k into 50k w a somewhat realistic shot to win.
    Your question has been asked quite often (Las Vegas forum); and answered with some very good info in the past...I'll make it simple and to the point. Everything you seek can happen, all sports qualify, including Twin parlays, I would recommend you use the services of the Westgate SuperBook. OR a Cantor sportsbook. Yes, 50k is in reach, and you do have more than a 'realistic' shot to WIN.

    the best to you, and your quest to gain the winning edge....

     
    LVOptiontrader
    LVOptiontrader
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    Posted: Feb. 18, 2017 - 12:58 PM ET #4

    Prospect, this can be easily done. I agree with above comments head to Westgate or look up any William Hill sports book. You can parlay 2 or 3 teamers any sport or mixed sports. Good luck. 

    Reply
    Prospect, this can be easily done. I agree with above comments head to Westgate or look up any William Hill sports book. You can parlay 2 or 3 teamers any sport or mixed sports. Good luck. 

     
    mbialowas
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    Posted: Feb. 18, 2017 - 1:29 PM ET #5

    Head down to Ballys or Casino Royal (William Hill) they'll take that action on a 3 teamer 
    Reply
    Head down to Ballys or Casino Royal (William Hill) they'll take that action on a 3 teamer 
     
    Yavapai
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    Posted: Mar. 4, 2017 - 10:17 PM ET #6

    the books will allow you to win a max amount of money maybe 20 k , not 50 k too much risk for the book, go ask the ex supervisor from the 
    mgm who approved a wager that risked a loss to the casino of 50 k and the wager won and he lost his job over it.

    These guys on here think they know they do know, I worked in a strip
    book for the ten years and when the ticket gets written it needs approval and before the bet is ok's it shows the risk and would be denied.
    Reply
    the books will allow you to win a max amount of money maybe 20 k , not 50 k too much risk for the book, go ask the ex supervisor from the 
    mgm who approved a wager that risked a loss to the casino of 50 k and the wager won and he lost his job over it.

    These guys on here think they know they do know, I worked in a strip
    book for the ten years and when the ticket gets written it needs approval and before the bet is ok's it shows the risk and would be denied.
     
    Mike41082
    Mike41082
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    Posted: Mar. 5, 2017 - 9:16 PM ET #7

    So 20k is about the limit they will let you win off a single bet? ... would it be Smarter to go to like 3 books and lay 3k each on 3 teamers? ... would me going in, getting the money in chips, walking around and playing a little in the casino first make any difference on how they see me, and accepting the bet?
    Reply
    So 20k is about the limit they will let you win off a single bet? ... would it be Smarter to go to like 3 books and lay 3k each on 3 teamers? ... would me going in, getting the money in chips, walking around and playing a little in the casino first make any difference on how they see me, and accepting the bet?
     
    SashimiKid
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    Posted: Mar. 5, 2017 - 10:08 PM ET #8

    The Aria will happily take your wager no questions asked
    Reply
    The Aria will happily take your wager no questions asked
     
    mbialowas
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    Posted: Mar. 7, 2017 - 4:56 PM ET #9

    Quote Originally Posted by Yavapai:

    the books will allow you to win a max amount of money maybe 20 k , not 50 k too much risk for the book, go ask the ex supervisor from the 
    mgm who approved a wager that risked a loss to the casino of 50 k and the wager won and he lost his job over it.

    These guys on here think they know they do know, I worked in a strip
    book for the ten years and when the ticket gets written it needs approval and before the bet is ok's it shows the risk and would be denied.


    Interesting. I've never seen anyone have a problem placing a bet with 20K plus payout. I'm not saying you're wrong or disagreeing, just never seen it.

    Reply
    Quote Originally Posted by Yavapai:

    the books will allow you to win a max amount of money maybe 20 k , not 50 k too much risk for the book, go ask the ex supervisor from the 
    mgm who approved a wager that risked a loss to the casino of 50 k and the wager won and he lost his job over it.

    These guys on here think they know they do know, I worked in a strip
    book for the ten years and when the ticket gets written it needs approval and before the bet is ok's it shows the risk and would be denied.


    Interesting. I've never seen anyone have a problem placing a bet with 20K plus payout. I'm not saying you're wrong or disagreeing, just never seen it.

     
    davemsh
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    Posted: Mar. 8, 2017 - 2:59 AM ET #10

    Westgate should take it.  If not just spread the bet around 2-3 places. 
    Mayweather bet 450000 on
    Reply
    Westgate should take it.  If not just spread the bet around 2-3 places. 
     
    mbialowas
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    Posted: Mar. 8, 2017 - 10:32 AM ET #11

    Quote Originally Posted by SashimiKid:

    The Aria will happily take your wager no questions asked
    Reply
    Quote Originally Posted by SashimiKid:

    The Aria will happily take your wager no questions asked
     
    VanDutch
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    Posted: Mar. 11, 2017 - 10:40 AM ET #12

    Quote Originally Posted by davemsh:

    Westgate should take it.  If not just spread the bet around 2-3 places. 



     No paper work . No attention . 

    Played a 3 team  for 6k MLB ( 1K at 6 books ) paid  42K total ..that was fun collecting..

    Reply
    Quote Originally Posted by davemsh:

    Westgate should take it.  If not just spread the bet around 2-3 places. 



     No paper work . No attention . 

    Played a 3 team  for 6k MLB ( 1K at 6 books ) paid  42K total ..that was fun collecting..

     
    Whiteybulger617
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    Posted: Mar. 25, 2017 - 12:40 PM ET #13

    Westgate will allow that action. Place wager with chips and if it wins ask to be paid out same method. You will avoid the taxes juat don't take more than 9,500 to window at a time
    Reply
    Westgate will allow that action. Place wager with chips and if it wins ask to be paid out same method. You will avoid the taxes juat don't take more than 9,500 to window at a time
     
    666LES
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    Posted: Mar. 27, 2017 - 3:47 PM ET #14

    There are NO taxes on this bet.If you present 10k cash at the book,you are required to present your ss# and file a form that merely states that you used 10k cash to make a wager. Banking Act of 1990 used to track $ laundering/drug $.This form makes no notation of what you bet on or if you won the bet.
    Reply
    There are NO taxes on this bet.If you present 10k cash at the book,you are required to present your ss# and file a form that merely states that you used 10k cash to make a wager. Banking Act of 1990 used to track $ laundering/drug $.This form makes no notation of what you bet on or if you won the bet.
     
    kings_duce
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    Posted: Mar. 6, 2018 - 5:47 AM ET #15

    Reply
     
    sports_Network
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    Posted: Mar. 8, 2018 - 8:50 AM ET #16

    Quote Originally Posted by Whiteybulger617:

    Westgate will allow that action. Place wager with chips and if it wins ask to be paid out same method. You will avoid the taxes juat don't take more than 9,500 to window at a time
    The SuperBook; or for that matter, any sportsbook in Vegas, "DOES NOT TAKE CHIPS" to make wagers, or, to payout WINNERS...period...and their are numerous reasons of explanation...all bets are made in CA$H, all winning payouts are in cash. regardless. been that way for years. your information has NO merit...btw, what taxes are you talking about to 'avoid' ?  a) The state of Nevada has NO taxation, b) You don't pay taxes on gambling winnings....(have you ever seen the 'crap table' shut down to fill out a tax form when someone WINS over 10k ?  BlackJack?  Bacarat? NO, they simply walk away, unknown to the cashiers cage to cashin'
    Reply
    Quote Originally Posted by Whiteybulger617:

    Westgate will allow that action. Place wager with chips and if it wins ask to be paid out same method. You will avoid the taxes juat don't take more than 9,500 to window at a time
    The SuperBook; or for that matter, any sportsbook in Vegas, "DOES NOT TAKE CHIPS" to make wagers, or, to payout WINNERS...period...and their are numerous reasons of explanation...all bets are made in CA$H, all winning payouts are in cash. regardless. been that way for years. your information has NO merit...btw, what taxes are you talking about to 'avoid' ?  a) The state of Nevada has NO taxation, b) You don't pay taxes on gambling winnings....(have you ever seen the 'crap table' shut down to fill out a tax form when someone WINS over 10k ?  BlackJack?  Bacarat? NO, they simply walk away, unknown to the cashiers cage to cashin'
     
    sports_Network
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    Posted: Mar. 8, 2018 - 8:51 AM ET #17

    Quote Originally Posted by 666LES:

    There are NO taxes on this bet.If you present 10k cash at the book,you are required to present your ss# and file a form that merely states that you used 10k cash to make a wager. Banking Act of 1990 used to track $ laundering/drug $.This form makes no notation of what you bet on or if you won the bet.
    exactly

    Reply
    Quote Originally Posted by 666LES:

    There are NO taxes on this bet.If you present 10k cash at the book,you are required to present your ss# and file a form that merely states that you used 10k cash to make a wager. Banking Act of 1990 used to track $ laundering/drug $.This form makes no notation of what you bet on or if you won the bet.
    exactly

     
    sports_Network
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    Posted: Mar. 8, 2018 - 8:57 AM ET #18

    Quote Originally Posted by davemsh:

    Westgate should take it.  If not just spread the bet around 2-3 places. 
    Or, 4, 5, or 6, places...this is the definition of "unlimited sportsbook wagering" 
    Reply
    Quote Originally Posted by davemsh:

    Westgate should take it.  If not just spread the bet around 2-3 places. 
    Or, 4, 5, or 6, places...this is the definition of "unlimited sportsbook wagering" 
     
    sports_Network
    sports_Network
    Banned
    Participation Meter
    Joined: Feb, 2009
    Posts: 8426
    Posted: Mar. 8, 2018 - 9:04 AM ET #19

    Quote Originally Posted by VanDutch:




     No paper work . No attention . 

    Played a 3 team  for 6k MLB ( 1K at 6 books ) paid  42K total ..that was fun collecting..

    Congratulations 

    Reply
    Quote Originally Posted by VanDutch:




     No paper work . No attention . 

    Played a 3 team  for 6k MLB ( 1K at 6 books ) paid  42K total ..that was fun collecting..

    Congratulations 

     
    davemsh
    davemsh
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    Posts: 45781
    Posted: Mar. 15, 2018 - 8:14 PM ET #20

    Quote Originally Posted by sports_Network:

    The SuperBook; or for that matter, any sportsbook in Vegas, "DOES NOT TAKE CHIPS" to make wagers, or, to payout WINNERS...period...and their are numerous reasons of explanation...all bets are made in CA$H, all winning payouts are in cash. regardless. been that way for years. your information has NO merit...btw, what taxes are you talking about to 'avoid' ?  a) The state of Nevada has NO taxation, b) You don't pay taxes on gambling winnings....(have you ever seen the 'crap table' shut down to fill out a tax form when someone WINS over 10k ?  BlackJack?  Bacarat? NO, they simply walk away, unknown to the cashiers cage to cashin'

    This is incorrect.  Wynn pays out all the time in Chips.  Not sure about other casinos.
    Mayweather bet 450000 on
    Reply
    Quote Originally Posted by sports_Network:

    The SuperBook; or for that matter, any sportsbook in Vegas, "DOES NOT TAKE CHIPS" to make wagers, or, to payout WINNERS...period...and their are numerous reasons of explanation...all bets are made in CA$H, all winning payouts are in cash. regardless. been that way for years. your information has NO merit...btw, what taxes are you talking about to 'avoid' ?  a) The state of Nevada has NO taxation, b) You don't pay taxes on gambling winnings....(have you ever seen the 'crap table' shut down to fill out a tax form when someone WINS over 10k ?  BlackJack?  Bacarat? NO, they simply walk away, unknown to the cashiers cage to cashin'

    This is incorrect.  Wynn pays out all the time in Chips.  Not sure about other casinos.
     
     
    BIGfnPOO
    BIGfnPOO
    MVP
    Participation Meter
    Joined: Jun, 2006
    Posts: 18880
    Posted: Mar. 19, 2018 - 5:39 PM ET #21

    Quote Originally Posted by SashimiKid:

    The Aria will happily take your wager no questions asked

    word.
    bigFnPOO
    Reply
    Quote Originally Posted by SashimiKid:

    The Aria will happily take your wager no questions asked

    word.
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