Ok, i've got a couple of questions. I've been betting on sports w/ sportsbooks for about 5 years. The first 3 years I lost a bit and last year broke even. This year
has gone very well. I've turned my accts ( at the start of the year) from 20,000
to about 85,000 now. I've got the money
with good big books. wwts,wsex,carib,olympic.
What is a safe level to keep with these books. I'm sure there are some of you here
who have a lot more than me and some less than me in your accounts. What levels do you feel safe with. I've got a bit over 20k in each of these 4 books now.
How high should I or would you let them go up to?
And then the problem of what to do with the money. I'm sure some of you pay taxes on your winnings
but I don't really want to.
Whats the best way of doing this if I don't want Uncle Sam to find out. Is it just better to get small amount checks sent to me and cash them at the bank? If so what level should I keep the checks under? Right now, I only have 1 checking acct. If I were to open a couple of other checking accts with other banks, and then deposit the money in those banks..would that be a good idea?
Or is it good not to deposit any checks and just keep cashing them and then stash the money in a saftey deposit box?
My goal is to make 100k this year and I might just be fortuante enough to do so.
So to recap, how much is safe to keep w/ these offshore books and then how and what way is the best to getting paid and not having anyone find out?
Thanks in advance for all responses.
I'll appreciate all your responses.
nick
has gone very well. I've turned my accts ( at the start of the year) from 20,000
to about 85,000 now. I've got the money
with good big books. wwts,wsex,carib,olympic.
What is a safe level to keep with these books. I'm sure there are some of you here
who have a lot more than me and some less than me in your accounts. What levels do you feel safe with. I've got a bit over 20k in each of these 4 books now.
How high should I or would you let them go up to?
And then the problem of what to do with the money. I'm sure some of you pay taxes on your winnings
Whats the best way of doing this if I don't want Uncle Sam to find out. Is it just better to get small amount checks sent to me and cash them at the bank? If so what level should I keep the checks under? Right now, I only have 1 checking acct. If I were to open a couple of other checking accts with other banks, and then deposit the money in those banks..would that be a good idea?
Or is it good not to deposit any checks and just keep cashing them and then stash the money in a saftey deposit box?
My goal is to make 100k this year and I might just be fortuante enough to do so.
So to recap, how much is safe to keep w/ these offshore books and then how and what way is the best to getting paid and not having anyone find out?
Thanks in advance for all responses.
I'll appreciate all your responses.
nick
