question for unc duke. line?

[jjgold]

NC is -8.5 right now
Total 164.5

[LT Profits]

ok, im misphrasing or misunderstanding

1.i want to bet 10k on unc ml, they win, i get back 12500
do i fill tax form?

2. i bet 8k on unc ml -400, i net 10k, do i fill out form?

i guess im asking, if i pull out 10k in cash, regardless of if its from a win or initial wager, what happens

Just bet the game off shore and don't even worry about it.

[durito]

It's irrelevant whether you have to fill out a tax form or not.