Large bet in Las Vegas sportsbook

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • Mac4Lyfe
    SBR Aristocracy
    • 01-04-09
    • 48806

    #36
    Originally posted by OMGSTARWARS
    Hi guys,
    im wanting to place a large bet in Las Vegas on the mayweather fight. Around 40k.
    I work in the banking industry and wouldn't ever want my employer to find out that I placed this large of a bet if they were able to find out from a CTR beuf filed or something. What would you guys do here? Make multiple bets at several different casinos under 10k? Is this even something I should be concerned about?
    any help here would be appreciated
    A CTR filed from the bank to FinCEN is only reported on large amounts, usually >$10,000 but I had one for $3,000 once. Now Casino's will file a W-2G on certain amounts as well. I've had different amounts that triggered W2G's, so I don't know what the hell they use. Slots, Poker, Keno, etc. have lesser amounts than table games and sports bets.

    The best way to get around this is to spread the money around in small amounts and/or with multiple people helping you. As far as anonymity, people don't care about anyone walking in a sportsbook. Where a hat and glasses and no one will know the better.
    Comment
    • jjgold
      SBR Aristocracy
      • 07-20-05
      • 388208

      #37
      Las Vegas begs for big bets

      No issues
      Comment
      • texhooper
        SBR Posting Legend
        • 01-05-09
        • 10001

        #38
        Gayest post ever
        Comment
        Search
        Collapse
        SBR Contests
        Collapse
        Top-Rated US Sportsbooks
        Collapse
        Working...