Cashing Checks?

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  • John Dough
    SBR MVP
    • 09-21-05
    • 1785

    #36
    Originally posted by LordVodka
    What if someone had money wired into their bank account? Does the govt look at that?
    Obviously the government doesn't have the manpower to look at the bank account of every single American who receives a wire. Bank wires are not uncommon.

    All that said, as long as you pay your taxes, you have nothing to worry about as a gambler anyway. There is nothing illegal about receiving funds from an offshore sportsbook.
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    • jjones006
      SBR Rookie
      • 05-11-11
      • 2

      #37
      Originally posted by John Dough
      Obviously the government doesn't have the manpower to look at the bank account of every single American who receives a wire. Bank wires are not uncommon.

      All that said, as long as you pay your taxes, you have nothing to worry about as a gambler anyway. There is nothing illegal about receiving funds from an offshore sportsbook.
      Exactly. It is not illegal to place an offshore bet or to recieve winnings from an offshore book. The only problem is if you don't pay taxes.
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