Wow. First off, congratulations. Believe me, I know how you feel. I had $80K once sitting in thegreek.com book, which is now closed to U.S. players like me. They sent checks, and I always received my money, but they had limits. So, of course, like an idiot, I kept betting big and lost a lot of it before cashing out. Wonder would have happened if I had $80K in there when thegreek became closed to US players. Could have been screwed. Plus, books do go under- always a risk. Further, do they give a crap someone across the ocean has all this money in their account ? If they deny you or pull some crapola, how exactly are you going to anything about it ? It's not like you can sue them when you are gambling illegally.
My current offshore book won't send checks anymore. They make you sign up for a debit card. When you want a payout, they put the money on a debit card. However, as you know, most debit cards have a limit on what you can withdraw. $500 or $1000 a day. So, you have to go to an ATM every day taking out $500 or $1,000 if you hit it big on my current book. Obviously, that is a pain. So, on this book, I once turned a $500 deposit, over time, into $40,000. It took forever to get money out. Eventually, I blew a lot of it and wound up with only $15,000.
Here is my advice - - as someone above posted, 100% stop betting big and start taking out different amounts twice a week. Don't keep an account at just one bank. Make sure you have an account at 3 different banks. Go once a week to each bank or once every two weeks and deposit your checks. If you want to mix in a cash check place once in a while, fine. That way, you spread out your money and avoid red flags.
If you have lost money, keep track of that in some handwritten ledger to offset gains in case the IRS comes calling some day. Probably won't happen, but doesn't hurt.
Obviously, we need action, so continue to bet, but just bet smaller. A lot smaller. Once you are down in your account to $15,000, you can go back and go for it again, at peace, since you took out well over $100K.
I am a disciplined gambler and a disciplined person with a family, a great career and young kids - - EXCEPT when I accumulate tons of money on my offshore account - then, I don't what happens, but I become an idiot. I'll be up $40,000 and then I think, here is an opportunity to hit for $10,000 on what I think is a cinch, and then, bam it loses. Down to $30K. Then, you chase. Make a bad play. Force a bad play. You talk yourself into as long as I don't go below $20K, it's cool. Then, you lose and get to $20K. You talk yourself into, ok, $15K is my limit. It doesn't end. The ONLY foolproof way to protect that $150K is to start withdrawing as i stated above and ONLY make smaller bets.
Best of luck! Love reading stuff like this.
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