Attn those with bovada &5d accounts

[NunyaBidness]

I read ya....

I've really had no real problems with BOVADA except one time - they did cancel one of my bets a month ago, sent me an apology note in my in box stating it was a "transmission" error... What ever that means... The bet hit too... That's really about it..

I was just gonna stop cashing out like you said from now on, build a huge balance up hopefully.. Then take a big payout.. I'm also with Betus.com for over a year now and I really have the feeling they are gonna cut me off any day now.. Way up on them... Payouts are taking longer and longer to process so I won't deposit anymore money with Betus.com in the future.. Just have a balance that keeps increasing.. What do you do with that? They are getting suspect ratings now too...

I also would like to ask you a question if you don't mind - if your balance gets over 10 grand, at what point will you cash out? Don't tax implications come into play with over 10 grand payouts? What do you do then?

There is still much I need to learn I read all the posts now but still not picking up on stuff.. Any tips would be greatly appreciated by any of you big wigs..

Thanks as always and I hope I can pay ya back with MMA picks and breakdown information in the future as always

I've already been cut off from Sportsbook.com as of a year ago.. I got burned for 1400 bucks as I told ya before..

BetUS was the first book to ever cut me off, I played real stupid there, going huge on tiny soccer leagues and what not and cashing out every week. You definitely don't want to burn your bridge there because they don't accept new US players. Probably one of the top 3 softest books out there.

They've always had suspect ratings, but SBR ratings are worthless IMO. They gave BetIslands an A, they stole my money, they've given Sportsbook.com a D- and I've cashed out well over 6 figures there over years and years.

As far as taxes, taxes are due on winnings no matter what. Whether or not its reported, its still your duty to pay taxes.

There are various levels that banks look at for funds transfers, $2500 and $10000 being the two most common. So, a lot of people try to stay below the $2500 mark, however you can get in trouble there, if you make multiple withdrawals below the threshold you can be accused of Structuring, which is a crime in and of itself.

If you're making a profit from this, just pay your taxes, deduct your trips to vegas and whatnot. Better to not worry about it.

Personally, like I said before, I don't cash out anymore until the book limits me. The balance doesn't matter. If they're not going to pay you, they're not going to pay $1000, or $100,000.

[JIBBBY]

BetUS was the first book to ever cut me off, I played real stupid there, going huge on tiny soccer leagues and what not and cashing out every week. You definitely don't want to burn your bridge there because they don't accept new US players. Probably one of the top 3 softest books out there.

They've always had suspect ratings, but SBR ratings are worthless IMO. They gave BetIslands an A, they stole my money, they've given Sportsbook.com a D- and I've cashed out well over 6 figures there over years and years.

Thanks for the feedback Nunya!!! Good shared knowledge.. I will pay my taxes on large payouts.. Absolutely...

Yeah, I'm still riding out Betus.com.. Up 15 grand maybe on them to date.. They are still paying out though..

As far as Sportsbook.com is concerned I probably took $25- $30,000 over 3 years time with them.. I can't believe you got 6 figures off them Nunya, that's awesome!!! I took alot of small payouts constantly over those 3 years so they finally caught on and cut me off.. I'd even go months without making deposits and just build up cash out, build up cash out, etc. etc.. It was only a matter of time now that I reflect back..

I'm gonna sign up for 2 new bookies this month.. Wanting to have 5 accounts in total...

So you don't cash out until the bookie limits you?.. WOW....

[FightFightFight]

80% sure that on2thenext1 is FightFightFight, and at the very least, FightFightFight is smarter than this guy.

Ha! And I'd have gotten away with it too, if it weren't for you meddling kids.

[MD]

Ha! And I'd have gotten away with it too, if it weren't for you meddling kids.

The inventiveness of your usernames is what gave you away.

[TheCalculator]

There are various levels that banks look at for funds transfers, $2500 and $10000 being the two most common. So, a lot of people try to stay below the $2500 mark, however you can get in trouble there, if you make multiple withdrawals below the threshold you can be accused of Structuring, which is a crime in and of itself.

Structuring is one of the most ridiculous crimes ever created.

But it doesn't matter what I think:

http://www.justice.gov/usao/mow/news2013/dougherty.com.html

[PunisherIND]

So are you saying that they will cancel a bet after its been placed because they were too late to change it? Also how quickly did they cancel Pun's bet?

couple hours after I placed. You should be okay now that they've moved the lines.

[FightFightFight]

The inventiveness of your usernames is what gave you away.

As you can also tell by my avatars, I'm here on business, not to feed my fragile ego. Usually only post when loudmouths bother me too much. It was a split second decision for a login. Wish Id have spent more time on it. Maybe come up with something like RA, or TD, or MA. Something to knock peoples socks off. ...You read months worth of my timeline before you wrote my psychotic essay, didnt you? Haha. I know. You know.

[MD]

As you can also tell by my avatars, I'm here on business, not to feed my fragile ego. Usually only post when loudmouths bother me too much. It was a split second decision for a login. Wish Id have spent more time on it. Maybe come up with something like RA, or TD, or MA. Something to knock peoples socks off. ...You read months worth of my timeline before you wrote my psychotic essay, didnt you? Haha. I know. You know.

u mad?

[JIBBBY]

Structuring is one of the most ridiculous crimes ever created.

But it doesn't matter what I think:
http://www.justice.gov/usao/mow/news...herty.com.html

That is a crappy law Calculator and I agree, but in this case card counting in groups is understandable..

It's cheating the Casino's.. I read Ben Afleck the actor just got thrown out of a casino in Vegas for card counting.. I guess if you have that memory skill and learn how to do it effectively and efficiently you can steal money from the Casino's consistently...

[MD]

That is a crappy law Calculator and I agree, but in this case card counting in groups is understandable..

It's cheating the Casino's.. I read Ben Afleck the actor just got thrown out of a casino in Vegas for card counting.. I guess if you have that memory skill and learn how to do it effectively and efficiently you can steal money from the Casino's consistently...

Wow Jibby.

Might as well call reading fight articles "cheating the books". It's a strategy, not even remotely close to cheating. That's like challenging me to a game of chess and then disqualifying me if I try to think about your moves.

[NunyaBidness]

That is a crappy law Calculator and I agree, but in this case card counting in groups is understandable..

It's cheating the Casino's.. I read Ben Afleck the actor just got thrown out of a casino in Vegas for card counting.. I guess if you have that memory skill and learn how to do it effectively and efficiently you can steal money from the Casino's consistently...

Card Counting isn't cheating at all. It's perfectly legal in every jurisdiction in the united states, it is simply gathering available information. Anyone can learn to do it poorly in 60 seconds.

It's not really worth doing unless you have a massive bankroll, and very few other skills. The edges are tiny.

[JIBBBY]

Wow Jibby.

Might as well call reading fight articles "cheating the books". It's a strategy, not even remotely close to cheating. That's like challenging me to a game of chess and then disqualifying me if I try to think about your moves.

You wouldn't be saying that if you owned a Casino MD.. If I could effectively card count and win off doing that I'd be sitting at a table right now probably.. Just was saying.... If it's legal it's legal..

[MD]

You wouldn't be saying that if you owned a Casino MD.. If I could effectively card count and win off doing that I'd be sitting at a table right now probably.. Just was saying.... If it's legal it's legal..

I think you're looking at it the wrong way. Consider this; the objective of gambling on sports is to find spots in which the likelihood of a participant winning is higher than the odds suggest. You're looking for mathematical edges that will turn long-term profit, and betting those spots. In blackjack, counting cards is used to estimate the percentage chance of success; when you have an edge, you bet accordingly in the hopes of earning long-term profit.

It's pretty much the same principal (although the key difference is that a mathematical edge is harder to quantify on a bet-by-bet basis in sports betting, there are far more constants in blackjack), it's just basic mathematical strategy.

[JIBBBY]

MD I'm not an idiot and I fully understand the principles of card counting.. ^

I'm guilty of trying it when ever I go to Vegas, that's why I always end up playing the one deck dealers in some rinky dink Casino as apposed to sitting at a fancy black jack table with a 5 deck play at the Bellagio..

I try to count the high face cards showing but still not that good at it, but it does help increase the probability of winning hands...

[MD]

MD I'm not an idiot and I fully understand the principles of card counting.. ^

I'm guilty of trying it when ever I go to Vegas, that's why I always end up playing the one deck dealers in some rinky dink Casino as apposed to sitting at a fancy black jack table with a 5 deck play at the Bellagio..

I try to count the high face cards showing but still not that good at it, but it does help increase the probability of winning hands...

I didn't mean it like that, I was just trying to explain that counting cards is just strategy (and not cheating) by comparing it to sports betting. Legitimate attempt to be helpful.

I thought about learning to count cards once, but then I realized that I could just learn to stack donks in small-to-mid stakes poker and have a much bigger edge.

[Ebe]

Unreal the idiots on this thread who are incapable of understand the wagers are at different books

Are these clowns for real

[ANGRYBLACK]

Bookies don't lose unless its from the same site. Even then, they don't really lose, they just profit a little less. They get even $$$ on both sides and scrape from the middle. Their lines adjust to avoid a loss. NEVER post arbs. Just PM me, bro. Thanks in advance!

[KushMoney]

Unreal the idiots on this thread who are incapable of understand the wagers are at different books

Are these clowns for real

Yes, some of the stupidest crap ever was said in this thread!

They were idiots... Good riddance