"Yeah, they call themselves stockbrokers."
Ain't that the truth......alphabet soup and daytraders jumping on and off companies like grasshoppers getting away from the lawnmower. Perfectly legal to bet on businesses, just fucked if you want to put a c-note on a sporting event.
My fear as far as being able to place a bet on a computer would be along the lines as to what Pinny has already done, in just shutting out the US market......if the big books all run this route to avoid the hassle and keep their execs from getting treated like terrorists if they step on US soil......then you're stuck with a bunch of small, unknown books and gambling firstly on whether that book will be around should you post money there, build up a bankroll and decide to cash out.
I think if Vegas was going to be allowed to open online books to the US public, it would have happened by now.
If they do allow Vegas in, get ready to take it up the ass come withdrawal time when they decide to tax the fuck out of it. 52.35% isn't going to be anywhere near break-even after paying a tax sceme they would dream up. At least with the offshores, if you made 20K one year and then dropped 20K the next you wouldn't be taxed on that 20K you made the first year, even though moneywise you broke even.
Ain't that the truth......alphabet soup and daytraders jumping on and off companies like grasshoppers getting away from the lawnmower. Perfectly legal to bet on businesses, just fucked if you want to put a c-note on a sporting event.
My fear as far as being able to place a bet on a computer would be along the lines as to what Pinny has already done, in just shutting out the US market......if the big books all run this route to avoid the hassle and keep their execs from getting treated like terrorists if they step on US soil......then you're stuck with a bunch of small, unknown books and gambling firstly on whether that book will be around should you post money there, build up a bankroll and decide to cash out.
I think if Vegas was going to be allowed to open online books to the US public, it would have happened by now.
If they do allow Vegas in, get ready to take it up the ass come withdrawal time when they decide to tax the fuck out of it. 52.35% isn't going to be anywhere near break-even after paying a tax sceme they would dream up. At least with the offshores, if you made 20K one year and then dropped 20K the next you wouldn't be taxed on that 20K you made the first year, even though moneywise you broke even.
