Offshore Balance Question (Losing it to Vegas)

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  • reverend
    SBR Wise Guy
    • 06-01-09
    • 880

    #1
    Offshore Balance Question (Losing it to Vegas)
    I have a question for you guys:

    Say you run up a large balance in an offshore book. And you don't want to fiddle with getting paid out in 3K checks over a number of weeks...

    Are there any options or ideas for how you could lose your offshore sportsbook balance to Vegas and get your payout that way?

    Example: Bet a NFL favorite at -6.5 in Vegas, bet the opposite team in your offshore book at +7. And hope your Vegas bet wins. In effect, losing the money from your offshore book to Vegas.

    I am just thinking through this, and I know there are smarter people on this site than me...

    Any other options for getting money out of offshore besides slow payouts?
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