I am quitting gambling--now I need advice

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  • Hey Mikey
    Restricted User
    • 07-12-11
    • 6

    #1
    I am quitting gambling--now I need advice
    Hi all long story short after early success in December with sports betting the first half of 2011 was a complete disaster and toward the end of May I was tracking about $30,000 lost. Couple of maxed out ************ that I was going to have to cash out my 401k to pay. I managed to get about $15K back into my account by the time my girlfriend found out and gave me an ultimatum--quit and cut my losses or lose her. I convinced her to give me 2 weeks to try to get the extra $10K back.

    So this past Sunday was the 2 week mark and I'd lost all of that $15K except for $2K so as a last ditch effort I did a 6 team baseball parlay to win about $36K and it hit thanks to a miracle 2 run bottom 9th from Milwaukee. But I am so done because I can't control it once I start.

    So here's my real question--how do I take this money out? I have it in Youwager (who is great btw) and they do bank wires with a max of $25K. If I take it all out in $25K and then $11K is the government going to come sniffing? Should I do it in 4 $9K increments? Does it matter?

    Thanks.
  • Hey Mikey
    Restricted User
    • 07-12-11
    • 6

    #2
    why are the words credit and cards starred out?
    Comment
    • falconticket
      SBR MVP
      • 09-05-10
      • 3414

      #3
      Keep it in play. Kick out the women. Live happily ever after.
      Comment
      • BIGDAY
        SBR Aristocracy
        • 02-17-10
        • 48245

        #4
        Never fukkkin heard of ya Pal...
        Comment
        • Br0nxer
          SBR Posting Legend
          • 03-25-11
          • 13665

          #5
          Originally posted by Hey Mikey
          Hi all long story short after early success in December with sports betting the first half of 2011 was a complete disaster and toward the end of May I was tracking about $30,000 lost. Couple of maxed out ************ that I was going to have to cash out my 401k to pay. I managed to get about $15K back into my account by the time my girlfriend found out and gave me an ultimatum--quit and cut my losses or lose her. I convinced her to give me 2 weeks to try to get the extra $10K back.

          So this past Sunday was the 2 week mark and I'd lost all of that $15K except for $2K so as a last ditch effort I did a 6 team baseball parlay to win about $36K and it hit thanks to a miracle 2 run bottom 9th from Milwaukee. But I am so done because I can't control it once I start.

          So here's my real question--how do I take this money out? I have it in Youwager (who is great btw) and they do bank wires with a max of $25K. If I take it all out in $25K and then $11K is the government going to come sniffing? Should I do it in 4 $9K increments? Does it matter?

          Thanks.


          fukkin fed
          Comment
          • Tech N9ne
            Restricted User
            • 06-24-11
            • 5366

            #6
            Hi roxxy more bs
            Comment
            • BIGDAY
              SBR Aristocracy
              • 02-17-10
              • 48245

              #7
              And yes, if you hit big you can hit big again!!! Kick the b!tch out the door.
              Comment
              • ttrace35
                SBR Posting Legend
                • 09-30-10
                • 10828

                #8
                Gtfo here
                Comment
                • BIGDAY
                  SBR Aristocracy
                  • 02-17-10
                  • 48245

                  #9
                  Originally posted by Tech N9ne
                  Hi roxxy
                  Comment
                  • ttrace35
                    SBR Posting Legend
                    • 09-30-10
                    • 10828

                    #10
                    Originally posted by Tech N9ne
                    Hi roxxy more bs
                    Comment
                    • Hey Mikey
                      Restricted User
                      • 07-12-11
                      • 6

                      #11
                      There's a reason you never heard of me because I lurk and don't post but I figured someone here would have answers. But thanks for nothing.
                      Comment
                      • CanuckG
                        SBR Posting Legend
                        • 12-23-10
                        • 21978

                        #12
                        Comment
                        • Br0nxer
                          SBR Posting Legend
                          • 03-25-11
                          • 13665

                          #13
                          Originally posted by Hey Mikey
                          There's a reason you never heard of me because I lurk and don't post but I figured someone here would have answers. But thanks for nothing.
                          your welcome

                          now GTFO
                          Comment
                          • donkdown
                            Restricted User
                            • 07-09-09
                            • 4423

                            #14
                            Transfer it to my acct I heard poker is soft over there.. Ill cash u out after I play a few hands!!
                            Comment
                            • Dirty Sanchez
                              SBR Posting Legend
                              • 03-01-10
                              • 16031

                              #15
                              Originally posted by Hey Mikey
                              There's a reason you never heard of me because I lurk and don't post but I figured someone here would have answers. But thanks for nothing.

                              I knew there was a reason I never fukkin heard of ya pal
                              Comment
                              • Pete0
                                SBR MVP
                                • 04-09-10
                                • 3849

                                #16
                                maybe utlizing we-s-tern-uni0n for the most part ?? ,

                                i'd advise keep most in cash , and slowly spread out deposits to various banks...

                                Goodluck
                                Comment
                                • Hey Mikey
                                  Restricted User
                                  • 07-12-11
                                  • 6

                                  #17
                                  Originally posted by Pete0
                                  maybe utlizing we-s-tern-uni0n for the most part ?? , i'd advise keep most in cash , and slowly spread out deposits to various banks... Goodluck
                                  Thx...fees are higher than wire and will take longer which is why I was staying away from that but that might be safer.
                                  Comment
                                  • downsouth
                                    SBR Posting Legend
                                    • 01-13-11
                                    • 11580

                                    #18
                                    Best option is W U (the fastest way to get money)

                                    Will probably be more expensive but will be your best way and staying under the radar if you are worried about it.

                                    I doubt the Feds would come after you but you would run into potential issues from the IRS in the event you were ever audited.

                                    Safest bet is to get it in cash increments and keep it in cash. Use cash to pay for groceries, entertainment, etc for the future. Good luck
                                    Comment
                                    • Streakster777
                                      Restricted User
                                      • 01-29-11
                                      • 262

                                      #19
                                      You'll be back!!! In gamblin- da ho has got to go.
                                      Comment
                                      • firedawg
                                        BARRELED IN @ SBR!
                                        • 10-08-08
                                        • 39219

                                        #20
                                        Comment
                                        • FindTheLock
                                          SBR Hall of Famer
                                          • 02-27-10
                                          • 7194

                                          #21
                                          don't know anything about gambling. I just xhat here for fun... Say hi to the FBI for me.
                                          Comment
                                          • doublej95
                                            SBR Posting Legend
                                            • 01-26-10
                                            • 14094

                                            #22
                                            don't quit now. just when you are about to quit something you are closer to achieving it more than you realize. put every dime you have into betting right now.
                                            Comment
                                            • thompsontw
                                              SBR High Roller
                                              • 03-07-10
                                              • 165

                                              #23
                                              congrats on quitting
                                              im glad to see someone get ahead of the game
                                              Comment
                                              • G's pks
                                                Restricted User
                                                • 01-01-09
                                                • 22251

                                                #24
                                                why do children continue to make up these lies...go play in the street you might get lucky...
                                                Comment
                                                • joesomebody114
                                                  SBR Wise Guy
                                                  • 07-23-07
                                                  • 713

                                                  #25
                                                  Why would a Fed come to SBR? No doubt in my mind that this guys full of sh*t and only god knows what purposes he is saying this bullsh*t for but I highly doubt a Fed would need to come to SBR. The Feds know a lot more than 99% of posters on SBR.
                                                  Comment
                                                  • nobs
                                                    Restricted User
                                                    • 08-31-09
                                                    • 4216

                                                    #26
                                                    Every " I lost a lot of money " thread always ends with, but then I got it back plus some.
                                                    Comment
                                                    • nobs
                                                      Restricted User
                                                      • 08-31-09
                                                      • 4216

                                                      #27
                                                      I lost $10,000 in march, then $20,000 in April, then $30,000 in May, then I lost another $60,000 in June. i am so tired of gambling. luckiliy, I just won $340,000 last night but now I am done.
                                                      Comment
                                                      • joesomebody114
                                                        SBR Wise Guy
                                                        • 07-23-07
                                                        • 713

                                                        #28
                                                        Originally posted by nobs
                                                        I lost $10,000 in march, then $20,000 in April, then $30,000 in May, then I lost another $60,000 in June. i am so tired of gambling. luckiliy, I just won $340,000 last night but now I am done.
                                                        LMFAO
                                                        Comment
                                                        • downsouth
                                                          SBR Posting Legend
                                                          • 01-13-11
                                                          • 11580

                                                          #29
                                                          Originally posted by nobs
                                                          I lost $10,000 in march, then $20,000 in April, then $30,000 in May, then I lost another $60,000 in June. i am so tired of gambling. luckiliy, I just won $340,000 last night but now I am done.

                                                          I am still waiting for my I got it all back plus some ending.

                                                          Ive actually gotten it all back plus some many times but always find a way to turn around and lose it again.
                                                          Comment
                                                          • donkdown
                                                            Restricted User
                                                            • 07-09-09
                                                            • 4423

                                                            #30
                                                            NOBS must be playing the online casinos again. Great hit Nobber!! Gambling will be legal online in every state by the time u get all your money out if u made this score at BoDog.. Minus the fees 259k is a hell of a score if u go that route!!
                                                            Comment
                                                            • bureK
                                                              SBR MVP
                                                              • 01-21-10
                                                              • 1059

                                                              #31
                                                              nobs is not a joke
                                                              Comment
                                                              • nobs
                                                                Restricted User
                                                                • 08-31-09
                                                                • 4216

                                                                #32
                                                                wow I dont even have that kind of money to lose in the 1st place. I bet $20 a game.
                                                                Comment
                                                                • ChuckyTheGoat
                                                                  BARRELED IN @ SBR!
                                                                  • 04-04-11
                                                                  • 37551

                                                                  #33
                                                                  nobs, great post. LMFAO.

                                                                  Also, who is this broad to give u an ultimatum? Sounds like Angelina Jolie. If she's that hot, listen. If not, drop her.
                                                                  Where's the fuckin power box, Carol?
                                                                  Comment
                                                                  • daneblazer
                                                                    BARRELED IN @ SBR!
                                                                    • 09-14-08
                                                                    • 27861

                                                                    #34
                                                                    your first step is to log off
                                                                    Comment
                                                                    • Cannon
                                                                      Restricted User
                                                                      • 01-03-08
                                                                      • 3329

                                                                      #35
                                                                      After a huge parlay win I would get rid of the bitch and gamble my ass off and run my account up to $100,000 with the picks I post in the MLB forum.
                                                                      Comment
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