How do you collect large winnings?

peteep · Aug 11, 2003

Just wondering what the best method of collecting large winnings is. Considering the law doesn't smile upon gambling, how do you collect? I know here in Canada, any transaction over $10k is automatically reported to revenue Canada. What, if any, precautions are necessary?

THE SHRINK · Aug 11, 2003

1-Bring big suitcase
2- Bring Body Guard
3- Carry Mr Wesson concealed
4- Wear sunglasses
5- Bring fast car, like corvette
6- Ask for hundreds
7- Run home and place in a safe secure place, like under the earth...

THE SHRINK

RPM · Aug 11, 2003

LOL SHRINK.

PETEEP,

break it up into like 3 or 4 smaller withdrawals.

ballsofblue · Aug 11, 2003

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by THE SHRINK:
1-Bring big suitcase
2- Bring Body Guard
3- Carry Mr Wesson concealed
4- Wear sunglasses
5- Bring fast car, like corvette
6- Ask for hundreds
7- Run home and place in a safe secure place, like under the earth...

THE SHRINK<HR></BLOCKQUOTE>

and if by plane don't wear any jewelry or a belt buckle

also use one million one for duck tape

MaxValue · Aug 11, 2003

Has anyone actualy ever went to an offshore sportsbook to collect winnings? How do you collect from them?

JJF · Aug 11, 2003

Just break it up in $2500 increments using Neteller. That has worked well for me.

elgordo · Aug 11, 2003

asked for rolled coins.

Journeyman · Aug 11, 2003

I KNEW he kept it in his back yard

TIGER · Aug 12, 2003

a bank wire... or follow Sting's 100% garanteed bulletproof efective procedure

DickyW · Aug 12, 2003

How do you collect large winnings?

Not sure, it's been so long I forgot

Seven · Aug 12, 2003

There are two ways. CASH and Bank Wires. Follow Shrink's steps for cash and bank wires can be sent several times for 9k each.

kenuk · Aug 12, 2003

isn't it true that if a bank gets multiple 9K wires into the same account, they'll raise a red flag and possibly report the activity?

tkf18ny · Aug 12, 2003

witha big ****ing smile on my face

forgi · Aug 12, 2003

kenuk...

if you' ve got the "problem" of collecting "multiple 9k wires"... call a lawyer/consultant on an offshore island to open an account for you... you should be able to cover his fees...

greetz
forgi

kenuk · Aug 12, 2003

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by forgi:
kenuk...

if you' ve got the "problem" of collecting "multiple 9k wires"... call a lawyer/consultant on an offshore island to open an account for you... you should be able to cover his fees...

greetz
forgi<HR></BLOCKQUOTE> but are you saying that a domestic bank could cause problems?

dimeplayersonly · Aug 12, 2003

the IRS knows about every bank wire from outside the U.S. to your bank........that you have every made....... doesnt matter what amount either......

get over the magical 10k amount...

any bank wire from OUTSIDE THE U.S. is subject to scrutiny by federal officials.........thank 9/11 for that

the fbi found that the hijackers had numerous bank wires far below the 10k amount (many bank wires were for a few thousand dollars)

kenuk · Aug 12, 2003

but if you're just a good-natured gamer, will they care enough to turn it over to the IRS?

given the millions of bankwires going on each day, why would one person stand out?

MaxValue · Aug 12, 2003

Good question Kenuk...anyone got a good answer?

TheGeneral+ · Aug 13, 2003

Sure wish I had this problem. I would suggest smaller amounts in checks only, then having places to hold your money, not necessarily any institution. SDB's and jars serve good purpose.