What will the max bet on sports that most states will take now?

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  • StackinGreen
    SBR Posting Legend
    • 10-09-10
    • 12140

    #1
    What will the max bet on sports that most states will take now?
    How do you all foresee this shaking out? What limits do the NJ books set currently?

    I'm also wondering what the tax implications will do to betting patterns. Will you see mostly large wagers being $4k? Anything over $5k will be reported/withheld, no?
  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388179

    #2
    Lol

    Most Nj

    1000

    Rest approval , it’s a disaster

    William Hill banning lots of people if you make $200 bets or more on unders or underdogs
    Comment
    • Snowball
      BARRELED IN @ SBR!
      • 11-15-09
      • 30058

      #3
      how is Chris Christie doing ?

      who's his runner ?
      Comment
      • StackinGreen
        SBR Posting Legend
        • 10-09-10
        • 12140

        #4
        Lol
        Comment
        • StackinGreen
          SBR Posting Legend
          • 10-09-10
          • 12140

          #5
          Originally posted by jjgold
          Lol

          Most Nj

          1000

          Rest approval , it’s a disaster

          William Hill banning lots of people if you make $200 bets or more on unders or underdogs
          JJ gets fired up about new state books
          Comment
          • goduke
            SBR Posting Legend
            • 02-17-10
            • 11580

            #6
            Originally posted by StackinGreen
            JJ gets fired up about new state books
            Or SBR is mad because state books aren’t advertising with them. JJ is just the lackey delivering the message
            Comment
            • gopolks
              SBR Wise Guy
              • 11-16-12
              • 791

              #7
              The New Zealand tab has a max payout of $500K per day. So you cant take a bet that will win you more than $500K.

              But people put insane amount of money on, bets of $50K and 100K.

              They have no issue with people betting big on underdogs.

              Crazy stuff.
              Comment
              • KVB
                SBR Aristocracy
                • 05-29-14
                • 74817

                #8
                There will be tiers,

                $1000, $500, $100

                Then a choice of $50 with approval or walk away.

                It will be like that until they try to do a fund, but realize there is no liquidity.

                Limits might raise then as some might want to partake still, like today's global landscape and Vegas.
                Comment
                • lonegambler23
                  SBR Hall of Famer
                  • 06-22-16
                  • 9760

                  #9
                  approvals? lmao what are there supervisors approving your bets? thats so shot
                  Comment
                  • pilebuck13
                    SBR Posting Legend
                    • 05-15-15
                    • 17918

                    #10
                    Originally posted by jjgold
                    Lol

                    Most Nj

                    1000

                    Rest approval , it’s a disaster

                    William Hill banning lots of people if you make $200 bets or more on unders or underdogs


                    I honestly don’t believe this can be true are you serious?
                    Comment
                    • ans61201
                      SBR MVP
                      • 10-11-15
                      • 3661

                      #11
                      Originally posted by pilebuck13


                      I honestly don’t believe this can be true are you serious?
                      It’s not. JJ is just protective of his first job. Going back to mommas is not an option.
                      Comment
                      • pilebuck13
                        SBR Posting Legend
                        • 05-15-15
                        • 17918

                        #12
                        Why does Tony not bring 5 dimes to the states?
                        Comment
                        • KVB
                          SBR Aristocracy
                          • 05-29-14
                          • 74817

                          #13
                          I thought $1000 Meadowlands and Borgata limits were verified?

                          I think $1000 is all you can do right now.
                          Comment
                          • RonPaul2008
                            SBR Hall of Famer
                            • 06-08-07
                            • 6741

                            #14
                            Originally posted by pilebuck13
                            Why does Tony not bring 5 dimes to the states?
                            Tony would be arrested on the spot. Besides, 5d is well known for heavily limiting and putting wager delays on sharp bettors.
                            Comment
                            • StackinGreen
                              SBR Posting Legend
                              • 10-09-10
                              • 12140

                              #15
                              That's why bookies generally aren't as blameless as they let on. They have the advantages then still get greedy. Funny when they act like stiffs are surprising... the way they run their business.
                              Comment
                              • pimike
                                BARRELED IN @ SBR!
                                • 03-23-08
                                • 37140

                                #16
                                Originally posted by pilebuck13


                                I honestly don’t believe this can be true are you serious?
                                Will be there this weekend. I will be able to confirm this
                                Comment
                                • jjgold
                                  SBR Aristocracy
                                  • 07-20-05
                                  • 388179

                                  #17
                                  $1000 max at Monmouth and then booted if you bet dogs consistently over $200 ALL VERIFIED

                                  Meadowlands no idea its not much
                                  Comment
                                  • StackinGreen
                                    SBR Posting Legend
                                    • 10-09-10
                                    • 12140

                                    #18
                                    jj, question, why don't locals themselves offer a settle amount when they know they let a guy run too high or long? He's gonna vanish anyway might as well try to get something since you're going to cut him off anyway. They act like the guys will be back betting with them trusting the relationship, lol
                                    Comment
                                    • pimike
                                      BARRELED IN @ SBR!
                                      • 03-23-08
                                      • 37140

                                      #19
                                      Originally posted by StackinGreen
                                      jj, question, why don't locals themselves offer a settle amount when they know they let a guy run too high or long? He's gonna vanish anyway might as well try to get something since you're going to cut him off anyway. They act like the guys will be back betting with them trusting the relationship, lol
                                      You settle they will let u play again with lower limits
                                      Comment
                                      • RudyRuetigger
                                        SBR Aristocracy
                                        • 08-24-10
                                        • 65084

                                        #20
                                        everyone here is a sharp

                                        my guess?

                                        $0 in 2 years after all these posters win so much money
                                        Comment
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