Question to those who gamble in Legalized Sportsbook States

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  • Purduekev
    SBR Sharp
    • 11-12-11
    • 498

    #1
    Question to those who gamble in Legalized Sportsbook States
    Have you used offshore less or not at all now that you can place your bets within your state?

    If not I'm guessing because of bonus money offered, line shopping? Seems with all the hassle you here of nowadays getting paid by the offshores that the legalized state bettors would start shifting away from the offshore world.

    Indiana is moving towards legalization (mobile and casino) possibly as early as July 1st this year and I am really looking forward to it.
  • Purduekev
    SBR Sharp
    • 11-12-11
    • 498

    #2
    hear not here. LOL
    Comment
    • darrell74
      SBR Posting Legend
      • 04-16-07
      • 14648

      #3
      As soon as I moved to Vegas, all online gambling stopped.

      Their are apps for all the casinos if you want to wager in this city.

      Online will become obsolete very soon.
      Comment
      • Purduekev
        SBR Sharp
        • 11-12-11
        • 498

        #4
        Originally posted by darrell74
        As soon as I moved to Vegas, all online gambling stopped.

        Their are apps for all the casinos if you want to wager in this city.

        Online will become obsolete very soon.
        n.

        I hear ya. Winning is hard enough. Sweating out the payouts if you do make any other advantages the offshores offer disappear in my opinion.
        Comment
        • littlekona
          SBR Hall of Famer
          • 11-19-15
          • 5242

          #5
          Originally posted by darrell74
          As soon as I moved to Vegas, all online gambling stopped.

          Their are apps for all the casinos if you want to wager in this city.

          Online will become obsolete very soon.
          I disagree...No way odds will be as good as I can get online plus I can bet from my home(no travel, parking food drink costs) and get payouts same day or even near instant with BTC through AC88, Fairlay and Nitro...Plus no trail
          Comment
          • Crusherrr
            SBR MVP
            • 06-27-16
            • 3649

            #6
            Legalized was fun for the great promotions as they all compete against eachother in NJ. As far as actually betting on my own, I do so offshore. When things get legalized it gets taxed to death and it will go downhill quick. People don't realize how good we have it right now with bitcoin.
            Comment
            • eaglesfan371
              SBR MVP
              • 01-08-19
              • 4079

              #7
              It is near impossible to buy bitcoin quickly at low fee which is basically the only way to deposit with offshore books now. With scams/hacks always a risk, 1099-Bs being issued involving bitcoin, and the high fees (5% to me is a lot) to get money in/out quickly, it seems like a no brainer to stick to state apps.

              For me I have to drive an hour to book on a state app but the WV app is probably the softest lines I've ever seen. I get better than Pinny lines almost everytime and I have a debit card linked to my account. For example I filled up my gas tank using my sportsbook account earlier. Withdrew $4k from sportsbook to bank account via ACH earlier today as well for $2 fee. Both extremely convenient.

              The state con is rejection of bets, had a $300 bet (only once out of 25+ $300+ bets) rejected earlier this week and no reduced juice. However, in NJ the constant promos being offered to bring on new customers are incredible. If you live in NJ, you are missing out on so much +EV from all the promos. Each book offering $500 freebets for example. That's insane.

              For now, I would say I'm slowly reducing my offshore presence but still appreciate it.
              Comment
              • eaglesfan371
                SBR MVP
                • 01-08-19
                • 4079

                #8
                Originally posted by Crusherrr
                Legalized was fun for the great promotions as they all compete against eachother in NJ. As far as actually betting on my own, I do so offshore. When things get legalized it gets taxed to death and it will go downhill quick. People don't realize how good we have it right now with bitcoin.
                Unless you're selling bitcoin for cash to an individual in person, you're going to receive 1099-B forms from any exchange you sell $20,000 in bitcoin to in a calendar year. I always see you cashing out large amounts so be aware of this, so that you don't one day receive a 1099-B which will be hard to show gambling losses against.
                Comment
                • Purduekev
                  SBR Sharp
                  • 11-12-11
                  • 498

                  #9
                  Eagles, I emailed Wheeling Island Sportsbook about the NCAAB limits if I make the drive out there and they emailed me back saying I can get generally 2-3K down per game now with no problems. He said that will increase once March Madness kicks in.

                  Am I being mislead? I hate to make the drive there if I am. Thanks
                  Comment
                  • eaglesfan371
                    SBR MVP
                    • 01-08-19
                    • 4079

                    #10
                    Originally posted by Purduekev
                    Eagles, I emailed Wheeling Island Sportsbook about the NCAAB limits if I make the drive out there and they emailed me back saying I can get generally 2-3K down per game now with no problems. He said that will increase once March Madness kicks in.Am I being mislead? I hate to make the drive there if I am. Thanks
                    Overnight lines they will not accept high stakes bets for CBB. That is when they rejected my $300 bet. They accepted $400-$500 overnight bets on Champions League soccer and NHL the other day. I'm on the Mardi gras app but they're run by the same outside company so I'd imagine similar limits. I'm also up over $4000 now lifetime on $400-$500 bets so they might be conservative towards me more now.

                    I had no problem getting down $400-$500 per on several spread bets for college basketball several hours before the game including a $500 2 team parlay. The bets were accepted within a minute each time. The high stakes review is always within a minute. They do not have added or extra college basketball games. Their options are limited but they do not update lines as much as they should. They ONLY offer lines for full game for major sports. No 1st half, quarter, props, etc.

                    If you haven't already, I would recommend just simply downloading the app. You do not have to be in the state to see their lines so you can get an idea of what they offer or not. Also, your deposit limits could affect your play if you're trying to get huge action in. Please see the terms and conditions for the account they use for deposit/withdrawals. https://getplayplus.com/lucky-north-terms-conditions/

                    Funding LimitsDaily Limit7-Day Limit30-Day LimitAccountholder Aggregate Funding Deposits (Credit/Debit card, eCheck, Cash) Standard Accounts$2,000$4,500$10,000 VIP Accounts$10,000$30,000$70,000
                    Last edited by eaglesfan371; 02-20-19, 09:55 PM.
                    Comment
                    • Purduekev
                      SBR Sharp
                      • 11-12-11
                      • 498

                      #11
                      Thank you Eagles for that info. I will download that app.
                      Comment
                      • eaglesfan371
                        SBR MVP
                        • 01-08-19
                        • 4079

                        #12
                        Originally posted by Purduekev
                        Thank you Eagles for that info. I will download that app.
                        If you're trying to bet $500 per game, I'd say go for it, you won't have a problem. If you're looking to bet $1-3k per game or more, I'd suggest buying a cheap flight to Philly/NY then bus/train to Atlantic City or just a flight to Vegas. With WV having one of the lowest average income in US and low wealth, can't imagine this app will allow huge winners before showing the door. I'm guessing if I continue my run, I will be limited soon. My $400 bets the other day moved their lines 5-10 cents each time, unlike before, so they're noticing me now.

                        Strange part is, Delaware North is a real estate company that appears to have entered to sportsbetting industry (company that manages the app). The supervisors half the time have no idea what I'm asking when I ask questions about the book and they clearly do not follow their lines close enough.
                        Comment
                        • Purduekev
                          SBR Sharp
                          • 11-12-11
                          • 498

                          #13
                          Originally posted by eaglesfan371
                          If you're trying to bet $500 per game, I'd say go for it, you won't have a problem. If you're looking to bet $1-3k per game or more, I'd suggest buying a cheap flight to Philly/NY then bus/train to Atlantic City or just a flight to Vegas. With WV having one of the lowest average income in US and low wealth, can't imagine this app will allow huge winners before showing the door. I'm guessing if I continue my run, I will be limited soon. My $400 bets the other day moved their lines 5-10 cents each time, unlike before, so they're noticing me now.

                          Strange part is, Delaware North is a real estate company that appears to have entered to sportsbetting industry (company that manages the app). The supervisors half the time have no idea what I'm asking when I ask questions about the book and they clearly do not follow their lines close enough.
                          Do you think in person betting might be a better option for me or would it make it worse if I place the higher end wagers?
                          Comment
                          • eaglesfan371
                            SBR MVP
                            • 01-08-19
                            • 4079

                            #14
                            Originally posted by Purduekev
                            Do you think in person betting might be a better option for me or would it make it worse if I place the higher end wagers?
                            I don't think it would have much of a difference. I will say, it takes about 2 weeks before you can withdrawal from their app if you do not live near the casino. The debit card arrives in 1-1.5 weeks then you confirm two small deposits to your bank account to do the ACH. You can cash withdraw $500 per day or ACH any amount, each for $2.

                            So betting in person has the advantage of immediate cash.
                            Comment
                            • Purduekev
                              SBR Sharp
                              • 11-12-11
                              • 498

                              #15
                              From what I have been told by others, I might take a deep breathe and go inside and place my wagers. I hear the place smells like cigarettes. LOL Thanks again Eagles you have been very helpful.
                              Comment
                              • bookie
                                SBR MVP
                                • 08-10-05
                                • 2112

                                #16
                                I think, due to over-regulation and taxation, legal betting will be a boon to offshore just as legal weed is going to create markets for bootleg discount growers (even though some of them aren't seeing it yet).

                                First they'll be a big influx of new bettors, some of them will get a clue and realize what a big deal discounted juice and bigger limits can be, and they'll be willing to jump through some hoops to get that. Average $500 bettor will stay onshore and should.

                                It'll be bumpy and offshores must adapt, and potential growth is linked to the fortune of Bitcoin and its ecosystem, but if I were an established U.S.-facing offshore or PPH, I'd like my chances.
                                Comment
                                • Purduekev
                                  SBR Sharp
                                  • 11-12-11
                                  • 498

                                  #17
                                  If the anonymity is being removed from the cryto currency world doesn't that negate the financial transaction advantage the offshore might have had and make them a bit nervous?
                                  Comment
                                  • lonnie55
                                    SBR MVP
                                    • 04-08-16
                                    • 2689

                                    #18
                                    Originally posted by darrell74
                                    Online will become obsolete very soon.
                                    Seriously or is this a meme?
                                    Comment
                                    • Optional
                                      Administrator
                                      • 06-10-10
                                      • 61457

                                      #19
                                      Originally posted by bookie
                                      I think, due to over-regulation and taxation, legal betting will be a boon to offshore just as legal weed is going to create markets for bootleg discount growers (even though some of them aren't seeing it yet).

                                      First they'll be a big influx of new bettors, some of them will get a clue and realize what a big deal discounted juice and bigger limits can be, and they'll be willing to jump through some hoops to get that. Average $500 bettor will stay onshore and should.

                                      It'll be bumpy and offshores must adapt, and potential growth is linked to the fortune of Bitcoin and its ecosystem, but if I were an established U.S.-facing offshore or PPH, I'd like my chances.
                                      I agree.

                                      The fact legal betting will bring more widespread acceptance to the activity will offset some of the losses.

                                      But I think the US centric offshores will need to be more international friendly to compensate as well.



                                      Originally posted by lonnie55

                                      Seriously or is this a meme?
                                      ^^^ this guy is the perfect example.

                                      Lives in a country where can access almost any book, and uses more online books than anyone else I know of.

                                      But not interested in the offshores.
                                      .
                                      Comment
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