Betting online is amazing. Currently using draftkings sports book. NY is soon to follow fellas..
GO PATSS!
Crusherrr
SBR MVP
06-27-16
3649
#2
Betting online offshore is even more amazing. I guess if you're putting $10-$20 down and dont care about the lines/juice your fine but if you are trying to make money or at least make your money last offshore is king.
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timdog12
SBR Wise Guy
08-27-18
669
#3
I like offshore because don’t have to pay taxes on your winnings!!!
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timdog12
SBR Wise Guy
08-27-18
669
#4
If you hit the casinos Sportsbook up in nj for a certain amount there taking your id. Then marking you fill out a form and you will be getting something in mail from irs lol.
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timdog12
SBR Wise Guy
08-27-18
669
#5
So you better but that 30% aside for taxes when you collect. You don’t have to worry about that with these offshore sites
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NJSportsbet27
SBR High Roller
08-30-18
115
#6
The problem is offshore is hard for American banks. Plus Im getting the same odds offshore as Neveda/NJ. I may be very wrong maybe you can explain a bit more in depth why as I am a beginner at my attempt to bet up the books shall we say. (Long time poker player however.)
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NJSportsbet27
SBR High Roller
08-30-18
115
#7
So i cant just withdrawal a few hundo without filling out a form?
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NJSportsbet27
SBR High Roller
08-30-18
115
#8
I see if im only playing with a grand i dont think i need to worry about this or do i?
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pokerdevil
SBR Sharp
04-20-16
433
#9
Any NJ bonuses to do besides DraftKings 200 and Sugarhouse 250?
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NJSportsbet27
SBR High Roller
08-30-18
115
#10
Originally posted by pokerdevil
Any NJ bonuses to do besides DraftKings 200 and Sugarhouse 250?
didnt use any off these bonuses on my first deposit as it took them a week to verify maybe longer location of sportsbook . #noob
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Crusherrr
SBR MVP
06-27-16
3649
#11
Originally posted by NJSportsbet27
The problem is offshore is hard for American banks. Plus Im getting the same odds offshore as Neveda/NJ. I may be very wrong maybe you can explain a bit more in depth why as I am a beginner at my attempt to bet up the books shall we say. (Long time poker player however.)
People playing offshore are not using a bank for anything unless they are putting cash into the bank account. All crypto or cash. Very few use cards.
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timdog12
SBR Wise Guy
08-27-18
669
#12
Originally posted by NJSportsbet27
The problem is offshore is hard for American banks. Plus Im getting the same odds offshore as Neveda/NJ. I may be very wrong maybe you can explain a bit more in depth why as I am a beginner at my attempt to bet up the books shall we say. (Long time poker player however.)
I’m from Philadelphia I was going to New Jersey and Delaware Sportsbook. Any ticket over 5k they will take your id and make you fill paperwork out. But there is ways around it. I would use the kiosks there and do 500 bets at a time and cash the tickets separately. So I didn’t have to fill out papers. But I use the offshore mainly and cash out via bitcoin it’s a quick process. And you will never have to fill taxes on the money. No matter how much you win .
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mrpapageorgio
SBR MVP
09-07-17
2974
#13
Originally posted by timdog12
I’m from Philadelphia I was going to New Jersey and Delaware Sportsbook. Any ticket over 5k they will take your id and make you fill paperwork out. But there is ways around it. I would use the kiosks there and do 500 bets at a time and cash the tickets separately. So I didn’t have to fill out papers. But I use the offshore mainly and cash out via bitcoin it’s a quick process. And you will never have to fill taxes on the money. No matter how much you win .
So what do you do at the exchange portion then? Coinbase or Gemini are going to flag if you exchange a certain amount. Short of exchanging for cash with a private party, there's going to be a record somewhere of your Bitcoin sales.
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VeggieDog
SBR Hall of Famer
02-21-09
7214
#14
I wonder if they pulled this guy's i.d.
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stevex
SBR Hall of Famer
05-02-10
5122
#15
Not really sure how you guys are getting money into Draftking's sportsbook. I've tried 5 different cards and they all wouldn't work (bank says it won't because of gambling) and when you go to link your bank account it freezes when you hit "continue."
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timdog12
SBR Wise Guy
08-27-18
669
#16
Originally posted by mrpapageorgio
So what do you do at the exchange portion then? Coinbase or Gemini are going to flag if you exchange a certain amount. Short of exchanging for cash with a private party, there's going to be a record somewhere of your Bitcoin sales.
when I make withdrawl I get my money sent to my BitPay account. It’s a bitcoin wallet. They also have a debit card that you can withdrawl 3k daily from atm.
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PharaohUB
SBR MVP
01-23-07
4865
#17
What makes you think bitpay isn’t on record? They are a bank like the rest. They legally have to report suspicious stuff to us govt and track your transactions
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matrix1022
SBR Wise Guy
03-04-12
565
#18
Yes bet a few tickets and cash. No problem with no taxes. Screw offshore waiting for for your money or not get bad. There’s so many that don’t get paid here. There’s list of issues on this everyday. What ever the odds are You only lose odds if you lose. I’m up a little over 12000 since June 14. Here in Nj. It’s been great. I don’t care what anybody says. I love it and enjoying life. And getting free drinks !!! And of course the babes are beautiful in these casinos .
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NJSportsbet27
SBR High Roller
08-30-18
115
#19
hmm i got some learning to do boys....anyways pats won for $100 +116 and cardinals are looking good @ $20 +107
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timdog12
SBR Wise Guy
08-27-18
669
#20
All sites that are sponsored on this site at top of page all pay. Also with btc your getting paid under 24 hrs so not really a long process at all.
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NJSportsbet27
SBR High Roller
08-30-18
115
#21
Originally posted by timdog12
All sites that are sponsored on this site at top of page all pay. Also with btc your getting paid under 24 hrs so not really a long process at all.
bitcoin moves alot and im a bit out of the loop i cashed my btc at 13k i think before it hit like 25 30k of w.e havent went back so out of the loop with btc..im not big enough of a better to have to worry about taxes betting onshore
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NJSportsbet27
SBR High Roller
08-30-18
115
#22
wait all these sites take btc now!? timdog
also whats the best way to buy and sell quick? paypal? cashing out doesnt seem anonymous
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mrpapageorgio
SBR MVP
09-07-17
2974
#23
Originally posted by NJSportsbet27
wait all these sites take btc now!? timdog
also whats the best way to buy and sell quick? paypal? cashing out doesnt seem anonymous
Paypal is the worst way, ripe for fraud because people will do a charge bak after receiving Bitcoin and you have no recourse.
Fastest (once your account is verified and setup) is Coinbase or Gemini. If you do through Coinbase, sell through CoinbasePro which is no fee for limit sells or .3% for market sells. If you do the transaction by early afternoon, the money is in your bank the next business day.
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danshan11
SBR MVP
07-08-17
4101
#24
I have been following the draft kings lines and it is really interesting how they are sticking with the spread and just moving the moneyline. I think most of the lines I checked were inline with pinny at the same number
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rock01
SBR Hustler
02-22-18
68
#25
I talked to DraftKings they said that they where having problems with the deposits he told me they were working on it
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stevex
SBR Hall of Famer
05-02-10
5122
#26
Originally posted by rock01
I talked to DraftKings they said that they where having problems with the deposits he told me they were working on it
Figured. It has been a nightmare trying to get money in to their book. Imagine rolling out a new online app for sports betting and not having your deposit portion ready to roll?
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NJSportsbet27
SBR High Roller
08-30-18
115
#27
Originally posted by rock01
I talked to DraftKings they said that they where having problems with the deposits he told me they were working on it
for me it took forever to get verified on the sportsbook no prob with deposits
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NJSportsbet27
SBR High Roller
08-30-18
115
#28
Originally posted by mrpapageorgio
Paypal is the worst way, ripe for fraud because people will do a charge bak after receiving Bitcoin and you have no recourse.
Fastest (once your account is verified and setup) is Coinbase or Gemini. If you do through Coinbase, sell through CoinbasePro which is no fee for limit sells or .3% for market sells. If you do the transaction by early afternoon, the money is in your bank the next business day.
ok thanks
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NJSportsbet27
SBR High Roller
08-30-18
115
#29
Originally posted by danshan11
I have been following the draft kings lines and it is really interesting how they are sticking with the spread and just moving the moneyline. I think most of the lines I checked were inline with pinny at the same number
i see
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NJSportsbet27
SBR High Roller
08-30-18
115
#30
Originally posted by PharaohUB
What makes you think bitpay isn’t on record? They are a bank like the rest. They legally have to report suspicious stuff to us govt and track your transactions
exactly unless you use tor and cash out to some bitcoin dealer to much....and talk bout juice with bitcoins movement you have do this every day no thanks its like betting your stocks or like betting your bets ill stick worth draftkings for now i think
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matrix1022
SBR Wise Guy
03-04-12
565
#31
Guys make it laugh. Nj great and lines will be awesome. They already have a sportsbook using off shore lines here !! Off shore is dead in future and you get paid cash here and no issues like I see everyday with sportsbook a o this site. Have great college day !!
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grantingyou
SBR Wise Guy
09-05-10
624
#32
Originally posted by timdog12
So you better but that 30% aside for taxes when you collect. You don’t have to worry about that with these offshore sites
You do know it's a felony to NOT pay your taxes on income? But I am sure you're a losing player anyhow, so it probably doesn't matter other than you're breaking the law.
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convick
SBR MVP
11-03-11
3954
#33
Originally posted by matrix1022
Guys make it laugh. Nj great and lines will be awesome. They already have a sportsbook using off shore lines here !! Off shore is dead in future and you get paid cash here and no issues like I see everyday with sportsbook a o this site. Have great college day !!
Good for you. For people that are stuck in states that don't have legal betting yet or nearby, offshore is the only other option besides locals.
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shopp
SBR High Roller
01-14-14
114
#34
FanDuel sports book sucks. Many $5 18 team parlay bettors making lines huge. Most of them have pants hanging off their ass.