Las Vegas vs offshore books

[LVBOUND]

Guys I am not trying to start as flame war here. I was hoping we could actually have a real talk about the differences.

I have used The Greek and 5 dimes fit years with no problems until last November. It first started in November when my bank put a five day hold on a Greek check since it was from Canada. Every check I had got from them in the past had been a Wachovia check, which was my bank so no problem.



Soon after ******** stops their transactions.

Soon after I get a cashout from 5 dimes and they say it can't come at an even amount. So my check comes to 598.98. Not the end of the world I guess until when I get it the check says it caller from as Canadian employment agency.


What is next?

Everytime i have got paid that is not the problem.

The question I have is now that ******** is gone how are we going to get money in accounts.


Also I know that if I got a 35k roll in Vegas it is secured in a box when I am not playing which is safer than an offshore book.

Am I wrong here or not.

Last let me dispel something that has been said for years.

They say juice is always higher in Vegas.

Well I hadh the Yanks last Thursday vs Seattle at -300 at three Mirage. Everywhere else it was at least -320.


Matt

[jjgold]

Pros and Cons

Offshore:

24 hour access and very easy
many more lines

Vegas:

Much easier to deposit

[DrunkHorseplayer]

Offshore is far superior for value.
LV is far superior for getting paid.

Unfortunately, you have to pick your poison.

[Fishhead]

Many deposit options

**
**
CASHIERS CK
GP
SBR PT BUYS


Everything considered, offshore is 3-1 over Vegas

[LVBOUND]

Fish.

Two questions

1 do you think that deposit restrictions will get easier or harder in the next few years

2 what about cashouts. Easier or harder in the next few years.


We all know offshore offers 247 access.... but when does the fear of your moneys safety change your thoughts.

I'd three government cracks down like they have been I feel Vegas has no choice but to improve...

Matt

[Pharieswheel]

Look most of your offshore books cater to the big money, there not going to risk screwing you out of money, foremost reason being they don't know your connections, second word would get around and the top people would get nervous, if you a mediocre better, don't worry about it you're safe, I've been with the Greek since 1996 never had a problem, just use ** costs a little, but you get you're money that same day.

[mtneer1212]

When you get checks from a Canadian bank, deposit them through your ATM instead of a teller. They are FAR less likely to get this scrutiny and a hold, plus in many cases, the bank may be Canadian as long as it is US funds, which in my experience, they are, it will go through with no issue.

Tellers get very heavily penalized for accepting bad/counterfeit/suspicious checks -- ATM is the way to go.

[INVEGA MAN]

I am 4 hours away from Vegas and make the trip a lot. The wait and all the road blocks they set up at off-shores is not going to get any better. Between banks and how to fund a off-shore is a pain in the ass.

[2daBank]

When you get checks from a Canadian bank, deposit them through your ATM instead of a teller. They are FAR less likely to get this scrutiny and a hold, plus in many cases, the bank may be Canadian as long as it is US funds, which in my experience, they are, it will go through with no issue.

Tellers get very heavily penalized for accepting bad/counterfeit/suspicious checks -- ATM is the way to go.

good advise....

[ehp6737]

If you want meat and potatoes, then you stick with Vegas. No BS deposit issues, no docs needed for payout, no payout fees, etc. Vegas is cash in/out, just not as many wagering options. So as long as you arent trying to bet a game in the Adriatic basketbal league on Tuesday at 10am then you'll be fine!

[remmy358]

Vegas lines are underrated, there is a decent amount of options and the lines can very significantly.

They have 10 cent MLB lines

They offer moneylines

Vegas is clearly a much better option for the US player, no hassles.

Now, if you're outside of the US then Pinny is your best option.

[maersksealand]

Guys I am not trying to start as flame war here. I was hoping we could actually have a real talk about the differences.

I have used The Greek and 5 dimes fit years with no problems until last November. It first started in November when my bank put a five day hold on a Greek check since it was from Canada. Every check I had got from them in the past had been a Wachovia check, which was my bank so no problem.



Soon after ******** stops their transactions.

Soon after I get a cashout from 5 dimes and they say it can't come at an even amount. So my check comes to 598.98. Not the end of the world I guess until when I get it the check says it caller from as Canadian employment agency.


What is next?

Everytime i have got paid that is not the problem.

The question I have is now that ******** is gone how are we going to get money in accounts.


Also I know that if I got a 35k roll in Vegas it is secured in a box when I am not playing which is safer than an offshore book.

Am I wrong here or not.

Last let me dispel something that has been said for years.

They say juice is always higher in Vegas.

Well I hadh the Yanks last Thursday vs Seattle at -300 at three Mirage. Everywhere else it was at least -320.


Matt

you make a lot of noise for some pathetic $600 checks. Change your bank for a start.

[LVBOUND]

They didn't put a hold on the check they just questioned about it being from a fuking Canadian employment agency.....
Do you blame them?


And Wachovia Is a major and reliable bank.

Matt

[maersksealand]

They didn't put a hold on the check they just questioned about it being from a fuking Canadian employment agency.....
Do you blame them?


And Wachovia Is a major and reliable bank.

Matt

change the bank...I'm with Chase and they don't give a puck, they never questioned any check. Or deposit with the ATM and you don't have to face the teller. But if I was you I will just change the bank.

[LVBOUND]

Good idea. I should open upa second account.

Do they have a Chase in Vegas? I know they jabber one in Florida

[Sawyer]

Not to mention, There's no sexy waitresses in offshore books!

[JoeVig]

I would not be shocked at all in the future for every bank to ask for a copy of a 1099 for every check deposited, to verify the the funds are "legitimate", and that Uncle is getting his "fair share".

This is already going to happen to businesses in some fashion under "Health Care Reform". businesses will be required to issue 1099's to basically anyone receiving over $600 in payment. It's only a matter of time before you will have to show where every dollar comes from and is going to.

"Section 9006 of the health care bill -- just a few lines buried in the 2,409-page document -- mandates that beginning in 2012 all companies will have to issue 1099 tax forms not just to contract workers but to any individual or corporation from which they buy more than $600 in goods or services in a tax year."
Health care law's massive, hidden tax change

[Chuck Sims]

I'm here in Las Vegas. 99.9% of my plays are off-shore. Matchbook is the way to go.

[LVBOUND]

Hey chuck since you live in Vegas and play offshore where do you cash your out of country checks? Casino or bank what is a better option

[Chuck Sims]

I deposit into bank.

[Sawyer]

I'm here in Las Vegas. 99.9% of my plays are off-shore. Matchbook is the way to go.

Matchbook

[scott235]

actually, smaller well established community banks are much less likely to give you any hassle. the best are ones that are not of a chain.

[trumpdown]

Depositing checks haven't been a problem whatsoever from Matchbook, 5Dimes, or WSEX. And they've all been recent and frequent. It's from a processing company "they" (da bank) have no idea where it's really from nor do they care.

[LVBOUND]

Depositing checks haven't been a problem whatsoever from Matchbook, 5Dimes, or WSEX. And they've all been recent and frequent. It's from a processing company "they" (da bank) have no idea where it's really from nor do they care.

I have to disagree with you here.

THEY do care who gave you the check especially if it is from out of the country and says CANADIAN EMPLOYMENT AGENCY!

Matt

[trumpdown]

I have to disagree with you here.

THEY do care who gave you the check especially if it is from out of the country and says CANADIAN EMPLOYMENT AGENCY!

Matt

Must be your bank. Do you have good rapport with any staff there? If yes then their should be no issue, or if anything take longer to clear. As long as it's not fraudulent why would they care?

[Albert Pujols]

When you get checks from a Canadian bank, deposit them through your ATM instead of a teller. They are FAR less likely to get this scrutiny and a hold, plus in many cases, the bank may be Canadian as long as it is US funds, which in my experience, they are, it will go through with no issue.

Tellers get very heavily penalized for accepting bad/counterfeit/suspicious checks -- ATM is the way to go.

Do this.

[Albert Pujols]

Matt, are you a cop with LVMPD?

[Albert Pujols]

I would not be shocked at all in the future for every bank to ask for a copy of a 1099 for every check deposited, to verify the the funds are "legitimate", and that Uncle is getting his "fair share".

This is already going to happen to businesses in some fashion under "Health Care Reform". businesses will be required to issue 1099's to basically anyone receiving over $600 in payment. It's only a matter of time before you will have to show where every dollar comes from and is going to.

"Section 9006 of the health care bill -- just a few lines buried in the 2,409-page document -- mandates that beginning in 2012 all companies will have to issue 1099 tax forms not just to contract workers but to any individual or corporation from which they buy more than $600 in goods or services in a tax year."
Health care law's massive, hidden tax change

Nonsense. A bank is for-profit company, not the IRS. And this is no change at all, businesses have had to 1099 anyone over $600 for a long time. On a side note, I agree that the healthcare reform is a bunch of bullshit.

[LVBOUND]

Prince Albert,

No I am a cop in palm beach county, Florida.

I am thinking of leaving and moving to Vegas to bet legally.

For the other six months I will come back and live in Florida.

I got a contract job lined up to be a investigator for a few local defense attorneys.

Matt

[betyuda]

question, can you buy half points at any vegas books like the offshore books??

[TonyP]

who ever has the best line

[cyberinvestor]

I can offer some similar experience here that was quite frustrating. I am a larger player and I banked with HSBC. After depositing about $30,000 worth of $2995 checks (the max) over a three month period HSBC started to question my transactions. I told them it was from a client of mine but they didn't care. They required me to supply business documents and such. Needless to say they dropped me. After I submitted legitimate business documents and explained all their issues I got a letter in the mail that said in two weeks they would cut me a check for the balance in each account and my accounts would be closed. Probably because they figured I was running some scam. I didn't tell them it was from offshore gaming mainly because they threatened to close my accounts once before because I was using my credit card for the deposits.

I have sinced moved to two new banks. One is a very well known bank in the US and another is a local regional bank (operates in my county and the next one over). I have not had a single problem since. It all depends on how your bank watches your transactions. I can feel for LVBOUND because they make you feel like a criminal. Like you did something wrong.

Also, depositing at the ATM will not help. Sure the teller might notice something but I was good friends with most of the tellers at my HSBC branch. I was close with the manager too due to my business dealings. 99% of the time they didn't even look at the check. They would just scan the amount and throw it into the bin and then process that deposit. What happens is the computer catches the issue. The computer scans all the routing and account numbers for deposits and then alerts a person to irregularities. Like how the terrorist watch list works the bank scans for routing numbers to identify problem banks and account numbers to identify problem accounts among other things. It won't be noted at the branch, more often it will be noted by their compliance officers who job is to review these computer reports and try to locate check fraud, money laundering, etc.

My suggestion is use a local bank because they don't have the same monitoring requirements as a large US bank. I use the local bank for all my gambling activities and the major bank for all non-gambling stuff. That way I don't risk losing my primary bank again and if the local bank ever gives me crap, I can just move to another. Rinse and repeat.

I have to disagree here though. I feel that this will get better in the future. Offshore gambling is like anything else. There is too much money for it to go away and so much money that they will find a way around things. They just need time to do it. It won't happen overnight but it will happen.

[LVBOUND]

Great post..........

I disagree however I feel that the government is going to legalize poker.... but never online sports betting. Especially since college sports are included.


Mat

[SPECULATOR 13]

LVB

ING will not cause any trouble either.
Ask for a bank wire direct from the book to your account with them.
If you can since your in Florida go the Bahamas and open a ING account there and have any book wire your fund there. Many will argue about the cost involve with bank wires but they are the "surest bet".
Las Vegas IMO as overtaken the offshore with the arrival and success of M casino,
M casino is THE BIG TIME like PINNACLES and they have forced in the only other 2 decent and respectable books in Vegas worthy to mention in Southpoint and L.V. Hilton to keep pace.
Between these 3 L.V. books and best of the offshores i.e. Matchbook,Bookmaker and the Greek(since you can't use PINNY) you'll be happy as "a pig in sh*t"
G.L. in L.V. you lucky devil i wish i could be there for September.

[LVBOUND]

Spect....

You think if I went to the M and tried to lay to win 1250 on for baseball games today I would get looked at funny?

Also I know covers.com shows lines for Mirage, hard Rock, and I think LV Hilton.......

Anywhere online they show south point and the M