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#49

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I opened account there but i noticed they look kinda same as betonline.ag. Also i read that Betonline is mother company for sportsbetting.ag? I wanted to ask which one is better if im gonna hold there like 10k? I dont want to withdraw all the time because then the money becomes taxable and thats why would rather hold money on bookies, around 10% max of my bankroll.
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#50

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Quote Originally Posted by CIS View Post
I opened account there but i noticed they look kinda same as betonline.ag. Also i read that Betonline is mother company for sportsbetting.ag? I wanted to ask which one is better if im gonna hold there like 10k? I dont want to withdraw all the time because then the money becomes taxable and thats why would rather hold money on bookies, around 10% max of my bankroll.
This thread was for sportsbook.ag not sportsbetting.ag. I don't think sportsbook.ag is taking new players. If you did sign up for sportsbetting.ag they are basically a clone of betonline.ag. Holding money on either site would be the same thing. As far as I know they both run the same promos and have the same lines and offerings.
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#52

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Quote Originally Posted by KS1986 View Post
This thread was for sportsbook.ag not sportsbetting.ag. I don't think sportsbook.ag is taking new players. If you did sign up for sportsbetting.ag they are basically a clone of betonline.ag. Holding money on either site would be the same thing. As far as I know they both run the same promos and have the same lines and offerings.
My apologies. Was late here and misread it while searching on forum. Yes i did meant sportsbetting.ag indeed. Thank you for reply
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#53

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Quote Originally Posted by CIS View Post
I opened account there but i noticed they look kinda same as betonline.ag. Also i read that Betonline is mother company for sportsbetting.ag? I wanted to ask which one is better if im gonna hold there like 10k? I dont want to withdraw all the time because then the money becomes taxable and thats why would rather hold money on bookies, around 10% max of my bankroll.
Sportsbetting leases BOL's software, so it's an exact clone bet-wise, but BOL doesn't own Sportsbetting, which has a completely different ownership group. Heh, I know that sounds pedantic, but the distinction can be important because when the same ownership group owns multiple sites, sometimes they get very grouchy about people with accounts at more than one (for example, 5dimes / Vietbet / Betanysports / Sportbet.) But since Sportsbetting and BOL are differently owned, rock on.

On the keeping $10k in either book, that's absolutely nothing to sweat. BOL's a monster and Sing's well capitalized, so you've got nothing to worry about.

Oh, one other thing: BOL and Sing are both currently running a promo where you'll receive 20% of your cash balances in free plays when any major sport starts back up, provided only that you sign up and that you don't withdraw before then. If you haven't signed up yet, check with live chat, maybe you still can. Their free play rules are pretty crap these days, but if you're leaving the cash there anyway....

EDIT: FWIW, it's actually pretty easy to sidestep the tax implication problem for sportsbook withdrawals simply by withdrawing in cryptocurrency. Since crypto transactions and most wallets are completely anonymous the transaction can't be linked to your name unless you want to volunteer that information to the govt yourself, which you don't.

If you're new to crypto, pm me and I'd be happy to walk you through the basics. Good luck!
Last edited by MeanPeopleSuck; 04-24-20 at 06:29 AM.
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#55

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Quote Originally Posted by MeanPeopleSuck View Post
Sportsbetting leases BOL's software, so it's an exact clone bet-wise, but BOL doesn't own Sportsbetting, which has a completely different ownership group. Heh, I know that sounds pedantic, but the distinction can be important because when the same ownership group owns multiple sites, sometimes they get very grouchy about people with accounts at more than one (for example, 5dimes / Vietbet / Betanysports / Sportbet.) But since Sportsbetting and BOL are differently owned, rock on.


On the keeping $10k in either book, that's absolutely nothing to sweat. BOL's a monster and Sing's well capitalized, so you've got nothing to worry about.

Oh, one other thing: BOL and Sing are both currently running a promo where you'll receive 20% of your cash balances in free plays when any major sport starts back up, provided only that you sign up and that you don't withdraw before then. If you haven't signed up yet, check with live chat, maybe you still can. Their free play rules are pretty crap these days, but if you're leaving the cash there anyway....

EDIT: FWIW, it's actually pretty easy to sidestep the tax implication problem for sportsbook withdrawals simply by withdrawing in cryptocurrency. Since crypto transactions and most wallets are completely anonymous the transaction can't be linked to your name unless you want to volunteer that information to the govt yourself, which you don't.

If you're new to crypto, pm me and I'd be happy to walk you through the basics. Good luck!
Thanks mate for such information! I was a bit worried tbh but everything is more clear now. Thanks again. Regarding with tax issue then unfortunately i have to pay tax on btc earnings also. Yes can sidestep it by spending bitcoin via some crypto card but cant buy anything big nor anything investable. But im still interested of your info so PMed u
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#57

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Quote Originally Posted by MeanPeopleSuck View Post
Sportsbetting leases BOL's software, so it's an exact clone bet-wise, but BOL doesn't own Sportsbetting, which has a completely different ownership group. Heh, I know that sounds pedantic, but the distinction can be important because when the same ownership group owns multiple sites, sometimes they get very grouchy about people with accounts at more than one (for example, 5dimes / Vietbet / Betanysports / Sportbet.) But since Sportsbetting and BOL are differently owned, rock on.
What evidence do you have that this is true? Because everything I've seen points to BOL, SB, and LV being the same ownership. Every single department I've dealt with at these sites are the same people.

Edit: These links support my understanding:

https://www.sportsbookreview.com/spo...tting-ag-5445/

https://sportsbettingsites.org/news/...tting-ag-1740/
Last edited by DontTailMe; 04-24-20 at 02:58 PM.
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#58

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Quote Originally Posted by DontTailMe View Post
What evidence do you have that this is true? Because everything I've seen points to BOL, SB, and LV being the same ownership. Every single department I've dealt with at these sites are the same people.

Edit: These links support my understanding:

https://www.sportsbookreview.com/spo...tting-ag-5445/

https://sportsbettingsites.org/news/...tting-ag-1740/
Plus, if you go to BOL's affiliate site, https://www.commissionkings.ag/, you'll see all their brands connected to the same affiliate management platform: betonline, sportsbetting, wildcasino and tigergaming.
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#59

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Quote Originally Posted by DontTailMe View Post
What evidence do you have that this is true? Because everything I've seen points to BOL, SB, and LV being the same ownership. Every single department I've dealt with at these sites are the same people.

Edit: These links support my understanding:

https://www.sportsbookreview.com/spo...tting-ag-5445/

https://sportsbettingsites.org/news/...tting-ag-1740/
Oh, my bad. My understanding was some of Sportsbetting's ownership group from its Sportsbook.com / Jazette days were still involved, but maybe I was wrong.

I think my belief was reinforced by the unusual fact that they don't mind players having accounts at more than one of their sportsbooks.

Wait a sec, ARE we still in agreement that management doesn't mind players having accounts at more than one of BOL, Sportsbetting and LV? That's definitely my belief based on years of having pretty active accounts at those books without a problem, but given my F-up above, I could definitely use some confirmation.

OK, I found a thread here that seems to agree accounts at multiple books are OK: https://www.sportsbookreview.com/for...etting-ag.html

Does it seem like solid reasoning that Optional would've posted to that thread to correct it if the prevailing belief had been wrong?
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