I am thinking of betting $8,000 on mayweather vs cotto this may.
This is my first sports bet, the line is at 800 so if mayweather wins I should get $1000 right? My question is will the sports book at vegas take a cashiers check or *********** or do I have to take cash? Will they pay me the $1000 profit on the spot plus my $8000 I bet or do i have to wait for it? How much tax will they cahrge me?