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Anyone Living in Vegas

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Prospect
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Posted: #101

Quote Originally Posted by vegasplayer:

I am a Tax Accountant  and I know what to do.  Just keep your losing tickets and match them with your winning and only pay taxes to the extent they exceed your loses.

Also get paid in Chips not cash and then cash the chips at your leisure so you won;t have to report.

 
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Posted: #102

which encompasses Las Vegas, prosecutes roughly 200 cases involving gambling debts a month, says Bernie Zadrowski, who runs the bad-checks unit.

 

seriously 50 a week for gambling debt,this is the mentalist statement ive heard in my life,thats 10 a day....

 
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Posted: #103
you can not get down in any casino with 200,000.00 if your a total stranger, the goverment has restrictions on all casino's in Nevada, so if you want to lay that kind of action, you will be known. I'm not saying you can't get action, I'm saying they will check you out before they let you lay it, and only a few would take a bet of that size. Most places have a 3 to 5 thousand dollar limit and that will get their attention to whose wagering and how many 3 or 5 thousand dollar bets they are making.
 
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Posted: #104
casinos normally have a sign under the lines which says what the max is for each sport  seen most of them have this and it ranges from 5000 to 10
 
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Posted: #105
best to spread it out anyway, keep winnings under 10k on each ticket to avoid the tax imposed
 
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Posted: #106
does anyone know what program he was using to look at the live odds from the various casinos? looked interesting
 
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Posted: #107
does anyone know what program Billy Walters was using in that video on 60 minutes to look at the live odds from the various casinos? looked interesting
 
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Posted: #108
Quote Originally Posted by DumbWalrus:

$8.00/hour and health benefits, dental, etc.

 

 
Prospect
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Posted: #109
been out here in vegas 5 years now and the M Resort will take large plays
 
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Posted: #110

theres the story I read a while ago with the big gambler asking the boss of a casino what his limit was

the boss said your next bet is your limit

 
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Posted: #111
Quote Originally Posted by CWorth:

does anyone know what program Billy Walters was using in that video on 60 minutes to look at the live odds from the various casinos? looked interesting


The answer is in this thread for you to find. 
 
Hall of Fame
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Posted: #112
Phil Ivey
 
Prospect
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Posted: #113
 LAS VEGAS HILTON 
 
Prospect
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Posted: #114
Listen to ME not them 200K you would have to go to the window TWICE The casino would be "M" las vegas blvd on the south end they have contest that start at 100k I KNOW for a fact they will book your wager so will HILTON with enough notice I have lived in henderson for 10yrs they will take your money anyway you want to wager it some of you guys on here are DUMB!!!!!!!!
 
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Posted: #115

Quote Originally Posted by VegasGenius:



Yes, Phil has hundreds of thousands in action almost daily. He is a special case though. He might not be the BIGGEST gambler in the world, but he is the biggest REGULAR gambler in the world. Phil bets at Bellagio and M. Not sure what he bet last year on the SB, but I know the year before he had 1.1 million on Arizona and covered.

He lost. He had that on the Arizona halftime line. The Harrison pick 6 screwed him, from what I recall. He lost his ass last year on the Colts, as did BW.

 
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Posted: #116
The key is NFL.  You can bet whatever on an NFL game in Vegas as long as you have the cash or markers to cover it (see Charles Barkley @ Mandalay Bay in the 2002 Superbowl)  There are two keys in what I said, one it must be an NFL game, as much as people like to say this or that, no one has information on any NFL game that is not available to the public.   So, if Ivy or Barkley wanted to place a million on the SuperBowl it wouldn't be a problem.  A few phone calls and it would be set.  However, if they wanted to place a million dollar bet on the UC Davis college basketball game, that will not fly.  A five 5K bet would would raise eyebrows. 
 
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Posted: #117
Quote Originally Posted by Peewee2820:

The Smart Money by Michael Konik a pretty interesting read.



 
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Posted: #118
dude you would get taxed as soon as you went to collect your winnings, Vegas withholds them. As for Walter, yes beards simultaneously place bets with locals. 20k a play spread through 10-20 guys. And its TAX-FREE.
 
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Posted: #119
Quote Originally Posted by walktheline:

He lost. He had that on the Arizona halftime line. The Harrison pick 6 screwed him, from what I recall. He lost his ass last year on the Colts, as did BW.



true, and he lost last week. My friend is close to him, atleast the play he gave me definitely lost. Could have been the "fake out" but i doubt it. BW is only right 60-63% of the time, however i'm pretty sure he comes out on top year after year.
 
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Posted: #120
The most I was allowed to wager was 5K
Second mouse gets the cheese.
 
 
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Posted: #121
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