How should I deposit over 100k from offshore betting site?
Yes, IRS and Feds will be on these forums looking for small timers like us.. they don't have time for frauds, terrorists, murders, drug dealers... they waiting just to bust all of us doing white collar crimes...
Yes, IRS and Feds will be on these forums looking for small timers like us.. they don't have time for frauds, terrorists, murders, drug dealers... they waiting just to bust all of us doing white collar crimes...
Don't know if you're familiar with professional poker players but professional poker, high stakes player Barry Greenstein admitted in his book that he got busted by the IRS for "structuring." Here's the definition from the IRS.gov website:
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Structuring is the practice of conducting financial transactions in a specific pattern calculated to avoid the creation of certain records and reports required by the Bank Secrecy Act (BSA) and/or 26 USC 6050I (Form 8300)
https://www.irs.gov/irm/part4/irm_04-026-013
You should just bite the bullet and pay the taxes cuz $100k+ is a lot. Better than for you to get indicted and spend all that money on legal fees and a lawyer and avoiding jail time.. ![]()
Don't know if you're familiar with professional poker players but professional poker, high stakes player Barry Greenstein admitted in his book that he got busted by the IRS for "structuring." Here's the definition from the IRS.gov website:
-
Structuring is the practice of conducting financial transactions in a specific pattern calculated to avoid the creation of certain records and reports required by the Bank Secrecy Act (BSA) and/or 26 USC 6050I (Form 8300)
https://www.irs.gov/irm/part4/irm_04-026-013
You should just bite the bullet and pay the taxes cuz $100k+ is a lot. Better than for you to get indicted and spend all that money on legal fees and a lawyer and avoiding jail time.. ![]()
This guy is a clown. You don't have to wait 30 days for a payout. You can take out anything OVER your initial deposit the very next day. Example. You deposit 500, you can take out anything over 500 the next day. You only have to wait the full 30 days to pull EVERYTHING out of account. Dude, no one believes you. Move along please and stop cluttering Covers threads.
This guy is a clown. You don't have to wait 30 days for a payout. You can take out anything OVER your initial deposit the very next day. Example. You deposit 500, you can take out anything over 500 the next day. You only have to wait the full 30 days to pull EVERYTHING out of account. Dude, no one believes you. Move along please and stop cluttering Covers threads.
Make sure that you're doing this legally. The IRS isn't playing and there's a huge chance that they are tracking these kinds of money movements. If you were to think about it, money laundering is done like this and I'm sure that will not be kind. The best idea would be to speak with a financial consultant and I'm sure that he or she is going to help you out from the legal point. I'm usually betting on https://luckycasino9.com but I've never managed to win that amount of money and to be honest, I wouldn't know how to deal with that. I'm sure that you're going to find a way eventually
Make sure that you're doing this legally. The IRS isn't playing and there's a huge chance that they are tracking these kinds of money movements. If you were to think about it, money laundering is done like this and I'm sure that will not be kind. The best idea would be to speak with a financial consultant and I'm sure that he or she is going to help you out from the legal point. I'm usually betting on https://luckycasino9.com but I've never managed to win that amount of money and to be honest, I wouldn't know how to deal with that. I'm sure that you're going to find a way eventually
I would go bitcoin with all of it. Go from your book to blockchain to your main bitcoin site (such as Coinbase). I would then send amounts of less than $10k at a time to my bank. I would also have more than one bank linked to my Coinbase account and spread it out to 3 or 4 banks if possible
this is the right answer
I would go bitcoin with all of it. Go from your book to blockchain to your main bitcoin site (such as Coinbase). I would then send amounts of less than $10k at a time to my bank. I would also have more than one bank linked to my Coinbase account and spread it out to 3 or 4 banks if possible
this is the right answer
So... I've been doing really well with betting this year... I am over 150k+ and currently with sportsbetting.ag...Just wonder what the best possible way is to deposit this into my bank account without it being traced or red flagging my account...I thought about doing bank wire transer (max. 24k, but they break that into 3 payments of increments of 9k and nothing ore than 10k for each deposit) OR just keep going through Bitcoin and deposit 9k once a week into my bank account but still thats alot of money each week...My question is..what is the best way to deposit it without getting traced and will I have to right this off on my taxes? Thanks in advance!
lol no way this dude got paid. they definitely closed his account. sportsbetting. ag for first timers ![]()
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So... I've been doing really well with betting this year... I am over 150k+ and currently with sportsbetting.ag...Just wonder what the best possible way is to deposit this into my bank account without it being traced or red flagging my account...I thought about doing bank wire transer (max. 24k, but they break that into 3 payments of increments of 9k and nothing ore than 10k for each deposit) OR just keep going through Bitcoin and deposit 9k once a week into my bank account but still thats alot of money each week...My question is..what is the best way to deposit it without getting traced and will I have to right this off on my taxes? Thanks in advance!
lol no way this dude got paid. they definitely closed his account. sportsbetting. ag for first timers ![]()
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not hating I just find it ridiculous that anyone would take their time to write fictional stories like this, and if I am wrong here and your story is true I guarantee you will have difficult time getting that money out, bitcoin, checks, cash whatever. I once withdrew 11k from sportsbook.com years ago it took couple of months on top of numerous phone calls. Your best option if its true is to lose that money there while betting opposite in Vegas and hope to win there. who knows you might even middle a game or 2.
theres no way this is real, if this guy went on a run that fast he would be limited. most on here no its very stupid to go all in on bets. probably works for a book selling a gamblers fantasy. or just a bored troll.
not hating I just find it ridiculous that anyone would take their time to write fictional stories like this, and if I am wrong here and your story is true I guarantee you will have difficult time getting that money out, bitcoin, checks, cash whatever. I once withdrew 11k from sportsbook.com years ago it took couple of months on top of numerous phone calls. Your best option if its true is to lose that money there while betting opposite in Vegas and hope to win there. who knows you might even middle a game or 2.
theres no way this is real, if this guy went on a run that fast he would be limited. most on here no its very stupid to go all in on bets. probably works for a book selling a gamblers fantasy. or just a bored troll.
The guy must of went bust lmao. Has anyone heard from this idiot?
He was posting this on sbr also back in 2018. The book ended up making some kind of excuse about him being a bonus abuser. I guess you can’t take multiple bonuses and keep doubling up bets. They wouldn’t pay him but sbr got involved and he ended up getting about 15% of what he thought they owed him which he accepted because the other option was nothing
The guy must of went bust lmao. Has anyone heard from this idiot?
He was posting this on sbr also back in 2018. The book ended up making some kind of excuse about him being a bonus abuser. I guess you can’t take multiple bonuses and keep doubling up bets. They wouldn’t pay him but sbr got involved and he ended up getting about 15% of what he thought they owed him which he accepted because the other option was nothing
I remember the story he hit a nice parlay payoff of +4000 or something and the book claimed bad line or past post. I don’t remember which, but they cancelled that parlay and lowered each subsequent bet as well because he wouldn’t have had the full balance
I remember the story he hit a nice parlay payoff of +4000 or something and the book claimed bad line or past post. I don’t remember which, but they cancelled that parlay and lowered each subsequent bet as well because he wouldn’t have had the full balance
BIG THANKS TO ALL CAPPERS THAT HAVE HELP ME AND THE REST OF US OUT IN SPORTS CAPPING!LC, WUSSIE, SCAL, OLDWISEONE, BSW, DOUBLEUP, KEYELMENT, WIZERGUY, WAHOO,TRAIN, DAVIDN, CM2008, RUSH, ST2EE, BOOKIE ASSASIAN... and many more...
This post tell me you are ![]()
BIG THANKS TO ALL CAPPERS THAT HAVE HELP ME AND THE REST OF US OUT IN SPORTS CAPPING!LC, WUSSIE, SCAL, OLDWISEONE, BSW, DOUBLEUP, KEYELMENT, WIZERGUY, WAHOO,TRAIN, DAVIDN, CM2008, RUSH, ST2EE, BOOKIE ASSASIAN... and many more...
This post tell me you are ![]()
@ByrdMane612
just do some dumpster diving..get an old flannel shirt and cigar and hit all the convenience stores with losing lottery tickets..ask your local bartender to save all losing tickets for you..but then again, you probably can't use state lottery losses against off shore winnings..but it's a thought
@ByrdMane612
just do some dumpster diving..get an old flannel shirt and cigar and hit all the convenience stores with losing lottery tickets..ask your local bartender to save all losing tickets for you..but then again, you probably can't use state lottery losses against off shore winnings..but it's a thought
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