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    All Forums | Boxing

    how to bet $10k without being in vegas

    fcksptbtng
    edmanz
    StackMyLoot
    cd2010
    nature1970
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    fcksptbtng
    fcksptbtng
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    Posted: Feb. 22, 2015 - 11:59 AM ET #1

    how can i make a SINGLE wager of $10k on the fight? if am not in las vegas?

    Thanks
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    To remove first post, remove entire topic.
    how can i make a SINGLE wager of $10k on the fight? if am not in las vegas?

    Thanks
     
    fcksptbtng
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    Posted: Feb. 22, 2015 - 11:59 AM ET #2

    what are my options?
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    what are my options?
     
    fcksptbtng
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    Posted: Feb. 22, 2015 - 1:21 PM ET #3

    no one knows? most online sportsbook limits are very low..please pour your comments on the options possible

    A single $10k wager

    thanks
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    no one knows? most online sportsbook limits are very low..please pour your comments on the options possible

    A single $10k wager

    thanks
     
    edmanz
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    Posted: Feb. 22, 2015 - 2:35 PM ET #4

    Quote Originally Posted by fcksptbtng:

    how can i make a SINGLE wager of $10k on the fight? if am not in las vegas?

    Thanks
    Go to Macau...
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    Quote Originally Posted by fcksptbtng:

    how can i make a SINGLE wager of $10k on the fight? if am not in las vegas?

    Thanks
    Go to Macau...
     
    StackMyLoot
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    Posted: Feb. 22, 2015 - 4:25 PM ET #5

    Give the money to me since i will be in Vegas that weekend and trust me to send the funds back if you win at a 10% commission.


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    Give the money to me since i will be in Vegas that weekend and trust me to send the funds back if you win at a 10% commission.


     
    cd2010
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    Posted: Feb. 22, 2015 - 8:21 PM ET #6

    Good luck with that, online books limits are low, not to mention who would want them to have that much of your cash. If you are going to bet that much you should just fly out before the fight and add the cost of the stay in your bet (since you are sure enough to bet 10K on a fight)

    Be careful  boxing is a shady sport, the fight game is the most fixed sport of them all and this high profile fight would be the perfect opportunity to make a killing off the betting public.

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    Good luck with that, online books limits are low, not to mention who would want them to have that much of your cash. If you are going to bet that much you should just fly out before the fight and add the cost of the stay in your bet (since you are sure enough to bet 10K on a fight)

    Be careful  boxing is a shady sport, the fight game is the most fixed sport of them all and this high profile fight would be the perfect opportunity to make a killing off the betting public.

     
    fcksptbtng
    fcksptbtng
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    Posted: Feb. 23, 2015 - 12:25 AM ET #7

    Is it true that casinos in las vegas make you pay tax when you win up to certain amount? I was reading this article online that says they can keep 25 to 30% of winnings for IRS tax

    true or not?
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    Is it true that casinos in las vegas make you pay tax when you win up to certain amount? I was reading this article online that says they can keep 25 to 30% of winnings for IRS tax

    true or not?
     
    StackMyLoot
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    Posted: Feb. 23, 2015 - 1:12 PM ET #8

    Quote Originally Posted by fcksptbtng:

    Is it true that casinos in las vegas make you pay tax when you win up to certain amount? I was reading this article online that says they can keep 25 to 30% of winnings for IRS tax

    true or not?


    Yes...just break up your bet and you will be fine.

    2 $3k and change bets and you will be fine.
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    Quote Originally Posted by fcksptbtng:

    Is it true that casinos in las vegas make you pay tax when you win up to certain amount? I was reading this article online that says they can keep 25 to 30% of winnings for IRS tax

    true or not?


    Yes...just break up your bet and you will be fine.

    2 $3k and change bets and you will be fine.
     
    StackMyLoot
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    Posted: Feb. 23, 2015 - 1:13 PM ET #9

    Quote Originally Posted by cd2010:

    Good luck with that, online books limits are low, not to mention who would want them to have that much of your cash. If you are going to bet that much you should just fly out before the fight and add the cost of the stay in your bet (since you are sure enough to bet 10K on a fight)

    Be careful  boxing is a shady sport, the fight game is the most fixed sport of them all and this high profile fight would be the perfect opportunity to make a killing off the betting public.





    As i will be in Vegas that night i plan to bet what i can afford to lose on the fight because anything could happen and don't want to fly back home broke and destroyed.
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    Quote Originally Posted by cd2010:

    Good luck with that, online books limits are low, not to mention who would want them to have that much of your cash. If you are going to bet that much you should just fly out before the fight and add the cost of the stay in your bet (since you are sure enough to bet 10K on a fight)

    Be careful  boxing is a shady sport, the fight game is the most fixed sport of them all and this high profile fight would be the perfect opportunity to make a killing off the betting public.





    As i will be in Vegas that night i plan to bet what i can afford to lose on the fight because anything could happen and don't want to fly back home broke and destroyed.
     
    StackMyLoot
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    Posted: Feb. 23, 2015 - 1:16 PM ET #10

    Quote Originally Posted by StackMyLoot:



    Yes...just break up your bet and you will be fine.

    2 $3k and change bets and you will be fine.


    Meant 3 but yeah just break up the bet and don't bet the whole 10k at once or same book go to multiple ones and you will avoid the procedure.
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    Quote Originally Posted by StackMyLoot:



    Yes...just break up your bet and you will be fine.

    2 $3k and change bets and you will be fine.


    Meant 3 but yeah just break up the bet and don't bet the whole 10k at once or same book go to multiple ones and you will avoid the procedure.
     
    edmanz
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    Posted: Feb. 23, 2015 - 2:46 PM ET #11

    Quote Originally Posted by fcksptbtng:

    Is it true that casinos in las vegas make you pay tax when you win up to certain amount? I was reading this article online that says they can keep 25 to 30% of winnings for IRS tax

    true or not?
    It all depends how much you win in different sporting events and casino games. If you're Canadian, you can apply to get back some of the withholding tax. Google search 10.1 Nevada Gambling for more info.
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    Quote Originally Posted by fcksptbtng:

    Is it true that casinos in las vegas make you pay tax when you win up to certain amount? I was reading this article online that says they can keep 25 to 30% of winnings for IRS tax

    true or not?
    It all depends how much you win in different sporting events and casino games. If you're Canadian, you can apply to get back some of the withholding tax. Google search 10.1 Nevada Gambling for more info.
     
    fcksptbtng
    fcksptbtng
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    Posted: Mar. 1, 2015 - 12:54 PM ET #12

    does this tax apply to online sportsbook as well?
    If i win a lot of money like turn $2,000 into $20,000
    will they withhold tax?

    My understanding is these sportsbook are offshore
    so it shouldnt be

    but asking to confirm

    Thanks
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    does this tax apply to online sportsbook as well?
    If i win a lot of money like turn $2,000 into $20,000
    will they withhold tax?

    My understanding is these sportsbook are offshore
    so it shouldnt be

    but asking to confirm

    Thanks
     
    nature1970
    nature1970
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    Posted: Mar. 1, 2015 - 1:12 PM ET #13

    Quote Originally Posted by fcksptbtng:

    does this tax apply to online sportsbook as well?
    If i win a lot of money like turn $2,000 into $20,000
    will they withhold tax?

    My understanding is these sportsbook are offshore
    so it shouldnt be

    but asking to confirm

    Thanks

    the feds get theirs no real way around this if you are a non national or part of us terrotorities then you can get this back.

    but good luck only way to duck a ten99 is to make a series of wagers that once won will add to 799 in multiple places that don't have a common corporation affiliation.... 

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    Quote Originally Posted by fcksptbtng:

    does this tax apply to online sportsbook as well?
    If i win a lot of money like turn $2,000 into $20,000
    will they withhold tax?

    My understanding is these sportsbook are offshore
    so it shouldnt be

    but asking to confirm

    Thanks

    the feds get theirs no real way around this if you are a non national or part of us terrotorities then you can get this back.

    but good luck only way to duck a ten99 is to make a series of wagers that once won will add to 799 in multiple places that don't have a common corporation affiliation.... 

     
    fcksptbtng
    fcksptbtng
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    Posted: Mar. 1, 2015 - 1:50 PM ET #14

    Quote Originally Posted by nature1970:

    the feds get theirs no real way around this if you are a non national or part of us terrotorities then you can get this back.

    but good luck only way to duck a ten99 is to make a series of wagers that once won will add to 799 in multiple places that don't have a common corporation affiliation.... 



    Don't get what you mean
    can you be more clear?

    i asked if online sportsbook withhold tax as well
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    Quote Originally Posted by nature1970:

    the feds get theirs no real way around this if you are a non national or part of us terrotorities then you can get this back.

    but good luck only way to duck a ten99 is to make a series of wagers that once won will add to 799 in multiple places that don't have a common corporation affiliation.... 



    Don't get what you mean
    can you be more clear?

    i asked if online sportsbook withhold tax as well
     
    nature1970
    nature1970
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    Posted: Mar. 1, 2015 - 2:11 PM ET #15

    Quote Originally Posted by fcksptbtng:



    Don't get what you mean
    can you be more clear?

    i asked if online sportsbook withhold tax as well
    online sports books are not legal.....

    only way to use these can be utilized is swiss or cayman islands bank accounts allow us citizens to gamble but the feds will not tolerate tax evasion.... swiss have a lose understanding with the irs but bank accounts must be obseen to become a issue cayman islands is a state unto itself. but incorpation proceedings need to be addressed buy a ticket go to vegas and gamble legal my best advice. 

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    Quote Originally Posted by fcksptbtng:



    Don't get what you mean
    can you be more clear?

    i asked if online sportsbook withhold tax as well
    online sports books are not legal.....

    only way to use these can be utilized is swiss or cayman islands bank accounts allow us citizens to gamble but the feds will not tolerate tax evasion.... swiss have a lose understanding with the irs but bank accounts must be obseen to become a issue cayman islands is a state unto itself. but incorpation proceedings need to be addressed buy a ticket go to vegas and gamble legal my best advice. 

     
    fcksptbtng
    fcksptbtng
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    Posted: Mar. 1, 2015 - 3:34 PM ET #16

    Quote Originally Posted by nature1970:

    online sports books are not legal.....

    only way to use these can be utilized is swiss or cayman islands bank accounts allow us citizens to gamble but the feds will not tolerate tax evasion.... swiss have a lose understanding with the irs but bank accounts must be obseen to become a issue cayman islands is a state unto itself. but incorpation proceedings need to be addressed buy a ticket go to vegas and gamble legal my best advice. 



    What do you mean online sportsbook are illegal?
    Well it is legal to bet online
    am not a criminal for betting online

    and am asking about paying tax here, going to vegas doesnt stop paying tax as mentioned above
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    Quote Originally Posted by nature1970:

    online sports books are not legal.....

    only way to use these can be utilized is swiss or cayman islands bank accounts allow us citizens to gamble but the feds will not tolerate tax evasion.... swiss have a lose understanding with the irs but bank accounts must be obseen to become a issue cayman islands is a state unto itself. but incorpation proceedings need to be addressed buy a ticket go to vegas and gamble legal my best advice. 



    What do you mean online sportsbook are illegal?
    Well it is legal to bet online
    am not a criminal for betting online

    and am asking about paying tax here, going to vegas doesnt stop paying tax as mentioned above
     
    fcksptbtng
    fcksptbtng
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    Posted: Mar. 1, 2015 - 11:20 PM ET #17

    anyone want to answer the question?
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    anyone want to answer the question?
     
    BigPapa21
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    Posted: Mar. 3, 2015 - 9:46 PM ET #18

    no taxes online sportsbook. where are you from? you must be in a shelter or something. you act like you don't know anything.do some homework if you want to get answers. Go to goggle. grow up and act like a man.
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    no taxes online sportsbook. where are you from? you must be in a shelter or something. you act like you don't know anything.do some homework if you want to get answers. Go to goggle. grow up and act like a man.
     
     
    Michfan15
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    Posted: Apr. 14, 2015 - 11:52 PM ET #19

    Depends where you are, a bet of that size you'll surely need to put at least 50% upfront esp w/o having someone credible to vouch for you.  Btwn two guys you'll be able to get this type of action down in NYC. 
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    Depends where you are, a bet of that size you'll surely need to put at least 50% upfront esp w/o having someone credible to vouch for you.  Btwn two guys you'll be able to get this type of action down in NYC. 
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