Bookmaker payout limit

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  • rcracer
    Restricted User
    • 09-18-08
    • 102

    #1
    Bookmaker payout limit
    I have a NFL match that I want to place a moneyline wager where the payout would be over $500,000. I read all the terms and conditions and nowhere did it state there is a payout limit on NFL moneyline wagers. It did have a wagering limit but I would not exceed that.

    The CSR said there is a limit of 150k but he did not seem too sure and he said it is'nt listed anywhere. I told him about my possible bet and he pretty much said its at your own risk.

    The question is has anyone ever had trouble getting a payout over 150k from a single wager from bookmaker?
  • bigboydan
    SBR Aristocracy
    • 08-10-05
    • 55420

    #2
    Not that I am aware of from Bookmaker sir. They are an old school book and will pay you if you win.
    Comment
    • rcracer
      Restricted User
      • 09-18-08
      • 102

      #3
      thats great, thank you very much and wish me luck
      Comment
      • ico2525
        SBR Wise Guy
        • 07-30-08
        • 598

        #4
        Good luck with your wager. Keep us posted. I think they might limit the graded wager to $150k. The question is getting your money out once you win.
        Comment
        • rcracer
          Restricted User
          • 09-18-08
          • 102

          #5
          I was actually thinking about that. Even if I did win getting 500k wired to a US bank account without anyone batting an eye would take some doing.
          1. OFAC
          2. FDIC limits
          3. Patriot Act
          4. Possibly being suspected of terrorisim/money laundering
          5. Moving the money so that when my bank goes bellyup I won't have to explain to the feds how I got the money
          6. IRS

          I won't ask on a public forum how you would do it because I just may need to know in the furture, just thinking aloud.

          BTW: The only payout limit I found was on a NFL parlay @ 150k
          Comment
          • kisado
            SBR Wise Guy
            • 09-09-08
            • 519

            #6
            I highly doubt the veracity of this post.
            Comment
            • rumple
              SBR MVP
              • 06-19-07
              • 2499

              #7
              $500,000?Are you throwing 80k on the bengals ml?
              Comment
              • robert715
                SBR Sharp
                • 09-06-08
                • 251

                #8
                This guy is full of shit. Oh yeah, $500,000 on line in this climate. Guys with that kind of bankroll don't gamble on the computer, that's for sure!
                Comment
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