questions about going to vegas sportsbooks for first time

[Homer]

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Performify,

He's saying he pays his taxes and isn't worried about the man knowing who has money. There is very little reason to worry about the 10k limit.

Doing weird off round numbers just under 10k might get a SAR on its own IIRC. Doing it all the time will result in some big problems.

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Right, I meant I don't care if they fill out SAR's on me. Sorry for the confusion.

[mrbaseball]

My experience with Vegas sportsbooks is that their lines absolutely suck compared to what we are used to online. Mirage/Bellagio typically has 15 cent+ lines for a typical pick'em type baseball game. I usually make two Vegas trips a year and I almost never bet sports because the lines are so bad. Sometimes I'll bet a cheapo parlay or something just for some low cost action but there in no way I would bet seriously there for baseball.

[bugstud]

[ QUOTE ]
My experience with Vegas sportsbooks is that their lines absolutely suck compared to what we are used to online. Mirage/Bellagio typically has 15 cent+ lines for a typical pick'em type baseball game. I usually make two Vegas trips a year and I almost never bet sports because the lines are so bad. Sometimes I'll bet a cheapo parlay or something just for some low cost action but there in no way I would bet seriously there for baseball.

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futures stuff that's not really availible than online or softer than online.

[Performify]

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Right, I meant I don't care if they fill out SAR's on me. Sorry for the confusion.

[/ QUOTE ]

my bad.

In my opinion, technically speaking you could exposure yourself to the risk of prosecution for structuring if you were knowingly avoiding the reporting limits even if everything else is aboveboard. Thats one of the reasons the EFF is up in arms about the structuring laws - technically speaking just one transaction intentionally and knowingly structured to avoid the BSA 10k limit can be prosecuted if the govt can demonstrate intent.

But yeah, sorry for the derailment.

[MyTurn2Raise]

Is it weird that I'm amazed Crockpot doesn't know all this stuff already? He's a genius at beating baseball futures and games. Thought he would already have big sportsbook experience. Has the robusto from hedging the big Tigers bet put his bankroll to a new level?

[crockpot]

[ QUOTE ]
Is it weird that I'm amazed Crockpot doesn't know all this stuff already? He's a genius at beating baseball futures and games. Thought he would already have big sportsbook experience. Has the robusto from hedging the big Tigers bet put his bankroll to a new level?

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i'm only 22, that has a lot to do with it. also have never been to vegas, as written above.

[MyTurn2Raise]

ahhhh...it all makes sense now

that crossed my mind

it's weird but the sportsbetting demographic is usually older than the rest of 2p2

[Thremp]

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ahhhh...it all makes sense now

that crossed my mind

it's weird but the sportsbetting demographic is usually older than the rest of 2p2

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Like you?

[NajdorfDefense]

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ahhhh...it all makes sense now

that crossed my mind
it's weird but the sportsbetting demographic is usually older than the rest of 2p2

[/ QUOTE ]

QFT.

My advice is, don't be afraid to use markers. Take out $5k, play a little craps or BJ you were gonna anyway, hit and run, go over to sportsbook, repeat rinse shampoo repeat.

[crockpot]

[ QUOTE ]
QFT.

My advice is, don't be afraid to use markers. Take out $5k, play a little craps or BJ you were gonna anyway, hit and run, go over to sportsbook, repeat rinse shampoo repeat.

[/ QUOTE ]

i have no clue what a marker is. that's how little i know about the process.

i also assume i can expect zero comps from making a few max bets on baseball futures, given the much higher rollers they deal with.