how much is too much money to have offshore

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  • bubba
    SBR MVP
    • 09-29-05
    • 2432

    #1
    how much is too much money to have offshore
    I have been quite succesful lately, not looking to jinx things. I like having the money in differnet books for different outs/occasional scalp etc. I only ever have the money in top books or neteller but what would u guys say would be the most to keep in a single book or overall offshore.? How would u suggest taking the money out from neteler anyway, directly to my bank account or with the debit card or another way? how does that debit card work anyway? i am sure what is a lot of money to some people is not considered a lot to others but is there a set amount that should just not be left offshore? Thanks
  • Halifax
    SBR Wise Guy
    • 08-10-05
    • 553

    #2
    $1,268,882.17 max
    Comment
    • bubba
      SBR MVP
      • 09-29-05
      • 2432

      #3
      then i am more than ok
      Comment
      • magnavox
        SBR Wise Guy
        • 08-14-05
        • 575

        #4
        Originally posted by Halifax
        $1,268,882.17 max
        I disagree. $1,219,735.13 would be the correct figure here.
        Comment
        • spanky
          SBR High Roller
          • 09-28-05
          • 134

          #5
          i hope you don'thave that in 1 acct.
          Comment
          • isetcap
            SBR MVP
            • 12-16-05
            • 4006

            #6
            you can never have enough money offshore. in fact you should look into opening an actual offshore bank account and move excess capital into it to avoid paying taxes on those winnings. once you bring the winnings into the US (if that is where you are located) then you are liable for taxation on those winnings. the us government is the ultimate bonus whore and it loves the 30% bonuses they get on your cashouts.
            Comment
            • bigboydan
              SBR Aristocracy
              • 08-10-05
              • 55420

              #7
              as long as you have it spread out in high quality type books. i don't think you will have much of a problem on any amount you have in there.
              Comment
              • freebie
                SBR MVP
                • 08-10-05
                • 1174

                #8
                Originally posted by Halifax
                $1,268,882.17 max
                is that figure in pesos? That's a lot of money.
                Comment
                • magnavox
                  SBR Wise Guy
                  • 08-14-05
                  • 575

                  #9
                  Originally posted by freebie
                  is that figure in pesos? That's a lot of money.
                  Isn't there a '$' sign listed?
                  Comment
                  • pags11
                    SBR Posting Legend
                    • 08-18-05
                    • 12264

                    #10
                    I would say a lot of it depends on how much you are playing...I know that once college football season ends I withdraw a lot from my books because I play college basketball season much lighter...
                    Comment
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