When cashing out winnings from an online sports book, naturally these are deposited in a checking s/savings account in your bank. Are these taxable, do i have to do anything when i file my taxes?
I want to be completely good with IRS so any advice is appreciated.
What's up everyone! I am looking to take a trip to vegas in a few months
and I want your opinion on where to go and what are the best
This is going to be my first time there and I
only wager on sportsbooks (no blackjack, craps, and all that). The
average of my wagers would be $500-$1000 . Now , from your experience
what are hotels/casinos/sportsbooks that you recommend meaning a nice
setting, sportsbooks will take my bets, etc.
Also is there a
danger of me getting mugged while I carry my money to my room or car?
Ridiculous question I know but i've always wondered that since I have
never been there.
Thank you! Hope a lot of people reply with their experiences and pros and cons about vegas sportsbooks/hotels/casinos.
P.S. btw bets may go up to $5000 depending my winnings
thats the question. i've been doing some research and i am sure this subject is really annoying to some bettors. USA is considered on of the top countries of the world and not alllowing online sports betting at first seemed like a joke to me. England , fellow country is making billions by regulating the betting industry.
long story short i recently joined bodog and decided to not deposit but just ask the support if it is okay for me to place wages and withdraw moeny from them . they said its fine, but couple of days ago i read in the news that bodog WILL NOT BE ACCEPTING US PLAYERS by the of decmber 31,2011
http://www.rgtonline.com/article/bodog-to-leave-u-s-market-at-the-end-of-year-104219?Categoryi decided to delete my account there.
now my question to u guys is can i as an adult living in the US bet on sports online at a sportsbook and withdraw money? will the winnings be taxable? and what are we talking about here,LEGAL or ILLEGAL???
i had the under 8 on that game. final score was 3-0 for the giants. my pick was scored as a push . any help?
the matcup of south florida vs. auburn tigers in college football was at 12-15-10.
i picked the tigers +12 and they lost by 12. but it recorded push.
Why? didnt they cover?
thx for any help