Hey guys, up until recently, i've always had a local bookie to place my bets. my bookie moved a while back so i had to go the online route. i've hit a bit of good luck in the last month and i would like to cash out my winnings. i've got a 12K balance right now and i want to withdraw all of it. what should i do? should i do a wire transfer and fill out a CTR or should i do small increments and avoid a CTR? how is the gov't going to figure in all this? what's their take? taxes? please help.
need some advice
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MoneySpeaksSBR High Roller
- 01-19-10
- 137
#1need some adviceTags: None -
Cuse0323BARRELED IN @ SBR!
- 12-09-09
- 30169
#2We don't like winners here, keep betting until you lose it all.Comment -
ShackSBR Sharp
- 04-13-06
- 314
#3Just make sure you keep all your receipts from ** or however you send to the books to offset the winnings to a degree. I would probably take it in increments unless you were going to take a lot more out later.Comment
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