Sports Betting Thread

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Comments

  • Indifference71
    Indifference71 Chicago Posts: 14,909
    pearldavidson said:

    Indifference71 said:

    pearldavidson said:

    Any of you guys ever have to report winnings to the IRS from winning money on Bovada or any other offshore site? If so, how did that go?

    The offshore sites are illegal so nothing to report if you actually do win.
    Thought it was just illegal for them to operate in the United States, but legal for us to play?
    Not sure if it's technically legal to play on those sites, but it's not like they're looking to arrest people for betting online.
  • Jason P
    Jason P Posts: 19,294
    Indifference71 said:

    pearldavidson said:

    Indifference71 said:

    pearldavidson said:

    Any of you guys ever have to report winnings to the IRS from winning money on Bovada or any other offshore site? If so, how did that go?

    The offshore sites are illegal so nothing to report if you actually do win.
    Thought it was just illegal for them to operate in the United States, but legal for us to play?
    Not sure if it's technically legal to play on those sites, but it's not like they're looking to arrest people for betting online.
    Not to arrest them, but they could shut them down and freeze your account, right?
    Be Excellent To Each Other
    Party On, Dudes!
  • Indifference71
    Indifference71 Chicago Posts: 14,909
    Jason P said:

    Indifference71 said:

    pearldavidson said:

    Indifference71 said:

    pearldavidson said:

    Any of you guys ever have to report winnings to the IRS from winning money on Bovada or any other offshore site? If so, how did that go?

    The offshore sites are illegal so nothing to report if you actually do win.
    Thought it was just illegal for them to operate in the United States, but legal for us to play?
    Not sure if it's technically legal to play on those sites, but it's not like they're looking to arrest people for betting online.
    Not to arrest them, but they could shut them down and freeze your account, right?
    Yeah, that's the risk of playing on those offshore sites.
  • pearldavidson
    pearldavidson Posts: 1,696
    edited November 2016
    Atlanta -3.5 this Thursday @ Tampa.. thoughts?
    Post edited by pearldavidson on
  • JOEJOEJOE
    JOEJOEJOE Posts: 10,821
    Indifference71 said:

    pearldavidson said:

    Any of you guys ever have to report winnings to the IRS from winning money on Bovada or any other offshore site? If so, how did that go?

    The offshore sites are illegal so nothing to report if you actually do win.
    Technically, you still need to report your winnings, no matter what the source.
  • pearldavidson
    pearldavidson Posts: 1,696
    Packers -7 @ home against the Vikings. Anyone else jumping all over this?

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