All of these people saying it can't be done forgetting about Black Friday? If the U.S. federal government wants something done badly enough, they can make it happen. The impetus hasn't been there...possibly until now.
AGA asks DOJ to stamp out illegal sportsbooks
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DontTailMeSBR MVP
- 03-24-19
- 2897
#36Comment -
jjgoldSBR Aristocracy
- 07-20-05
- 388179
#37Tail me correct but I doubt it goes anywhereComment -
OptionalAdministrator
- 06-10-10
- 61574
#39
I wasn't making a prediction, just saying the legal playing field is a lot different now than it has been for those 25 years you mentioned..Comment -
Mac4LyfeSBR Aristocracy
- 01-04-09
- 48383
#40
States might as well start selling crack cocaine too.Comment -
clockwise1965SBR Hall of Famer
- 10-01-13
- 6753
#41Never gonna happenComment -
Brock LandersSBR Aristocracy
- 06-30-08
- 45359
#42
They've just been biding their time since 1994 or so, just toying around to wait for that special day they'll shut down books legally operating in Costa Rica, Panama, and elsewhere.
ExcrementComment -
Waterstpub87SBR MVP
- 09-09-09
- 4102
#43People who think bitcoin is going to save offshore are delusional. That money has to come back to a US financial institution at some point. They'll trace it, and your account will be closed. They do it already. The will get more heat as bitcoin is more closely examined, and the government puts more a squeeze. Yes you can use local bitcoins, but good luck on moving major money through that. Getting 20,000 out of offshore is going to be a nightmare
Every state that legalizes has the offshore losing more of their best clients. Why are the super squares going to buy bitcoin and wait a week when they can paypal it to fanduel in a minute. Eventually 48 states will have it legal.
The US facing offshores are either going to close or stop taking Americans. Might be a matter of a few years.
If I still had offshore money, I would be pretty cautious about keeping balances.Comment -
Brock LandersSBR Aristocracy
- 06-30-08
- 45359
#44People who think bitcoin is going to save offshore are delusional. That money has to come back to a US financial institution at some point. They'll trace it, and your account will be closed. They do it already. The will get more heat as bitcoin is more closely examined, and the government puts more a squeeze. Yes you can use local bitcoins, but good luck on moving major money through that. Getting 20,000 out of offshore is going to be a nightmare
Every state that legalizes has the offshore losing more of their best clients. Why are the super squares going to buy bitcoin and wait a week when they can paypal it to fanduel in a minute. Eventually 48 states will have it legal.
The US facing offshores are either going to close or stop taking Americans. Might be a matter of a few years.
If I still had offshore money, I would be pretty cautious about keeping balances.Comment -
jjgoldSBR Aristocracy
- 07-20-05
- 388179
#45Bitcoin audits coming they are behindComment -
CrusherrrSBR MVP
- 06-27-16
- 3653
#46When you are betting with illegal sportsbooks you are betting for the enenies of the US who don't pay taxes. When you play with US books your taxes are used to support our military that keeps us free. Does your freedom worth the touble of betting with illegal sportsbooks?Comment -
MT CasingsSBR High Roller
- 12-18-16
- 188
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KVBSBR Aristocracy
- 05-29-14
- 74817
#49Water St is not wrong.
They might not be able to pinch it out, but they could take another, sudden shot.
It just depends on who they want to go after.
But the New Jersey model is going to carry some real weight in the next few years as states go crazy opening up.Comment -
Brock LandersSBR Aristocracy
- 06-30-08
- 45359
#50It's an ACH transfer, which cumulatively I've done for over 50k this year
Who's shutting what down? I'm approved for 200k at a time if I choose from Blockchain to my bank.
It's converted from Bitcoin to us dollars at Blockchain.comComment -
KVBSBR Aristocracy
- 05-29-14
- 74817
#51You can do even more from bank to onshore book or casino Brock.
And it's much safer, to be honest.
There's no comparison. And that's not a knock on offshore movement, not at all. In fact, I have little problem with offshore.
I'm just saying, because of US Consumer protection, it is safer onshore in a legal jurisdiction.Comment -
captrobeyBARRELED IN @ SBR!
- 09-02-10
- 34381
#52Offshore has the Way better bonuses. Other then the original deposit they are not as good. Stuff like get a 20% bonus max $50 deposit garbage like that. The least bonus i have now is 30% cash the best is 50% cash. And they have paid me . Betmgm does that free casino spin for a whopping 30 cents if you are lucky.Comment -
KVBSBR Aristocracy
- 05-29-14
- 74817
#53Don't forget the VIG
lol
Number one reason for offshore.Comment -
KVBSBR Aristocracy
- 05-29-14
- 74817
#54And if you can get down in a variety of places, you can make all of that work for you.
Imagine that, instead of battling vig, you are exploiting it.Comment -
themike78SBR MVP
- 07-01-13
- 4873
#55People who think bitcoin is going to save offshore are delusional. That money has to come back to a US financial institution at some point. They'll trace it, and your account will be closed. They do it already. The will get more heat as bitcoin is more closely examined, and the government puts more a squeeze. Yes you can use local bitcoins, but good luck on moving major money through that. Getting 20,000 out of offshore is going to be a nightmare
Every state that legalizes has the offshore losing more of their best clients. Why are the super squares going to buy bitcoin and wait a week when they can paypal it to fanduel in a minute. Eventually 48 states will have it legal.
The US facing offshores are either going to close or stop taking Americans. Might be a matter of a few years.
If I still had offshore money, I would be pretty cautious about keeping balances.Comment -
jjgoldSBR Aristocracy
- 07-20-05
- 388179
#57Anyone that had money transfers into coinbase is a target
It’s considered profit regardless
No cost basis reporting from other sites where you might be buying and selling coin
You better have good recordsComment -
Waterstpub87SBR MVP
- 09-09-09
- 4102
#58
That's you Jibby. Your experienced. A new gambler or the super squares I've met are not doing that. The books need the super squares. They keep the lights on.
It amazes me that people's main argument is "I can currently launder money. The government has announced that they will start looking into this particular method of money laundering. But I'll still be able to do it no problem".
Look after yourselves. I remember when my absolute poker money got locked up. Back then, people used to say the same thing.Comment -
CrusherrrSBR MVP
- 06-27-16
- 3653
#59
I received my full balance from UltimateBet/Absolute a few years after. It wasnt even my account as I was underaged and was using family members accountComment -
DontTailMeSBR MVP
- 03-24-19
- 2897
#60I think what you're missing is that they haven't been biding their time. It simply hasn't been a priority for them. But things have changed dramatically, right? Sports betting is legalized in many states, and that number is growing. Therefore, dollars spent offshore are directly impacting both state/federal tax revenue and the profits of U.S. corporations, who undoubtedly have lobbyists reminding politicians of that very fact. You can't look at the past 25 years and say that it's proof that nothing will happen. We're in completely different times now.Comment -
Brock LandersSBR Aristocracy
- 06-30-08
- 45359
#61guys, F uck Coinbase.
Setup a full blockchain.com account, you'll never look backComment -
jjgoldSBR Aristocracy
- 07-20-05
- 388179
#62Gaming experts say it will never happen
People flock to offshore because they are better in every way
USA books have to fix there issues with lines and micro limits for guys that go on a hot streak or offshore will be big as everComment -
scottgodson1985SBR Sharp
- 11-17-12
- 347
#63i doubt the bank has no issues with this landers?Comment -
KVBSBR Aristocracy
- 05-29-14
- 74817
#64
Markets might tighten a little, and if they want to be good bookmakers and cater to everyone, they could.
But they really don't need to fix anything.
Like you said, the players just don't know. They will play anyway.
Offshore was around a long time, did you see Vegas change anything?
Not really, they let in Will Hill, some lower vig and little limits with high risk managment, but Vegas prices remained across the strip.
The specific market will set it's prices.Comment -
Brock LandersSBR Aristocracy
- 06-30-08
- 45359
#65They really don't have to fix anything.
Markets might tighten a little, and if they want to be good bookmakers and cater to everyone, they could.
But they really don't need to fix anything.
Like you said, the players just don't know. They will play anyway.
Offshore was around a long time, did you see Vegas change anything?
Not really, they let in Will Hill, some lower vig and little limits with high risk managment, but Vegas prices remained across the strip.
The specific market will set it's prices.
Thats a problemComment -
KVBSBR Aristocracy
- 05-29-14
- 74817
#66All they need to do is fix the managers.
The could cater to everyone.
A good manager has so much juice he can add and work with at opportune times.
It's ridiculous.Comment -
KVBSBR Aristocracy
- 05-29-14
- 74817
#67With legalization, I underestimated two things.
1. The failure of the William Hill model. I thought they, or someone like em, could roll.
2. Exactly how stupid the American betting public is. And that is saying a lot...
There is so much room to work with. These corporations are so fukkin greedy.Comment -
KVBSBR Aristocracy
- 05-29-14
- 74817
#68I'm surprised low vig locals don't pop up and manage clients until they get big enough.
They could undercut and still make a killing on vig.
Just follow your local market.Comment -
KVBSBR Aristocracy
- 05-29-14
- 74817
#69I always knew they would pass the cost on to customers, make no mistake. We all were saying here comes -115.
But I thought it would settle, they would smarten up, and a Will Hill would come through.
That is clearly not happening.
Comment -
dhristov211SBR MVP
- 12-18-15
- 2535
#70If your bank account is outside of U.S. jurisdiction, you have no problem.Comment
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