How do you get smooth payouts with betting being illegal?

Kellen · 04-14-08, 04:55 PM

Use locals. They pay cash.

Kellen · 04-14-08, 04:56 PM

And if you need a guy in mobile, I can hook you up. Let me know if interested.

JRS21386 · 04-14-08, 04:57 PM

well im going to be using big amounts of money...

Kellen · 04-14-08, 04:58 PM

Thats fine. Ive known guys paying LARGE amounts. This guy in mobile will let you bet big after he gets to know you a little. What you betting 25k a game?

durito · 04-14-08, 04:58 PM

it's not illegal

luciano · 04-14-08, 05:00 PM

Originally posted by durito

it's not illegal

+1, its not illegal for you to make bets online,dont know why people still think that, its been almost 2 years.

JRS21386 · 04-14-08, 05:01 PM

really?! well online casinos are illegal arent they? i have a law teacher in college who said its illegal...

JRS21386 · 04-14-08, 05:02 PM

but you arent in the United States... it IS illegal in the US...

luciano · 04-14-08, 05:03 PM

Originally posted by JRS21386

really?! well online casinos are illegal arent they? i have a law teacher in college who said its illegal...

Your law professor should read the UIGEA again then.

luciano · 04-14-08, 05:04 PM

Originally posted by JRS21386

but you arent in the United States... it IS illegal in the US...

Moving the money is illegal, not making the bet.

JRS21386 · 04-14-08, 05:10 PM

well moving the money into your account would be illegal then right? the act of moving the money?

durito · 04-14-08, 05:10 PM

Originally posted by JRS21386

it IS illegal in the US...

No, it's not.

durito · 04-14-08, 05:10 PM

Originally posted by luciano

Moving the money is illegal, not making the bet.

Not for the player

JRS21386 · 04-14-08, 05:10 PM

so you simply pay taxes on your winnings from sports betting?

luciano · 04-14-08, 05:11 PM

Originally posted by JRS21386

well moving the money into your account would be illegal then right? the act of moving the money?

Use your head man, there are ways to get the money there with no paper trail. Go do some research and tell me how many normal citizens have been arrested for gambling online.

TexansFan · 04-14-08, 05:11 PM

I believe it's the funding through U.S. banks and CC's that are illegal, not making the actual bets themselves.

luciano · 04-14-08, 05:12 PM

Originally posted by durito

Not for the player

yeah I know, the government is after the e-processors and banks.

JRS21386 · 04-14-08, 05:13 PM

well tell me how you can have no paper trail when it comes in the form of a check?

luciano · 04-14-08, 05:14 PM

Originally posted by JRS21386

well tell me how you can have no paper trail when it comes in the form of a check?

So you want me to post how the books do it on this public forum?

JRS21386 · 04-14-08, 05:16 PM

can you email me? id really appreciate it... im somewhat new to this man sorry for being uneducated on the hwole system..

TexansFan · 04-14-08, 05:17 PM

Originally posted by luciano

So you want me to post how the books do it on this public forum?

I wouldn't discuss it on this forum. Let him figure it out on his own. If he can't he shouldn't be betting in the first place.

luciano · 04-14-08, 05:17 PM

Does your boss print your paycheck out in his basement? Or does he have a company that does it for him?

luciano · 04-14-08, 05:19 PM

Just use an A+ book and dont worry about the payout until you need it.

JRS21386 · 04-14-08, 05:20 PM

Texas, why "shouldnt" i be betting? you just said its not illegal? and anytime you deposit any kinda check to a bank, its considered a trail..

luciano · 04-14-08, 05:22 PM

Originally posted by JRS21386

Texas, why "shouldnt" i be betting? you just said its not illegal? and anytime you deposit any kinda check to a bank, its considered a trail..

Nothing you are doing is illegal. Nothing the books are doing is illegal in their jurisdiction, stop sweating it.

JRS21386 · 04-14-08, 05:24 PM

ok thats cool, just wondering how you cover up thousands of dollars being put into your account...

TexansFan · 04-14-08, 05:25 PM

Originally posted by JRS21386

Texas, why "shouldnt" i be betting? you just said its not illegal? and anytime you deposit any kinda check to a bank, its considered a trail..

Last time, it's the funding that's illegal.

durito · 04-14-08, 05:28 PM

Originally posted by JRS21386

ok thats cool, just wondering how you cover up thousands of dollars being put into your account...

YOU DON'T

If you make money, you report your income and pay taxes.

If you cover it up and don't pay, then you are breaking the law.

pat venditto · 04-14-08, 05:42 PM

kellen you know any bookies in the raleigh,nc area?

Kellen · 04-14-08, 08:25 PM

Pat, I know 3 guys in NC

DukeJohn · 04-14-08, 09:13 PM

Originally posted by JRS21386

really?! well online casinos are illegal arent they? i have a law teacher in college who said its illegal...

Well, it could be illegal to place a bet online. The Federal wire act is a gray area dealing with this and I believe the 5th circuit has determined it is not illegal, so you would have a precedence. Although, the FBI states it is illegal on their website, the Department of Justice, when asked if it was illegal to gamble online by a congressional committee, said it was not illegal. As for UIGEA, well like others said, it is basically for Banks to be Judge, Jury, and executioner of the law, in which they have said in front of the Financial Committee, they have no idea how to enforce it.

Now, if let's say you are from Washington State and you make an online wager then yes it is very illegal. As a matter of fact, I believe, it is a felony in that state. However, in Texas it is not if you do it from your own home.

As others have said, if ya really want to know, do some research and then go school your Law Teacher, because something isn't right with your instructor. Of course, perhaps he/she just hasn't really looked into it.

Good Luck on your quest for knowledge

luciano · 04-14-08, 09:32 PM

Yeah I forgot about Washington, it is a class 3 felony to gamble online there, I remember when it became law