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Is it legal to hand over your accounts to professional bettors?

canuckg

canuckg

Joined
Nov 17, 2021
Messages
1,150
its for sure legal but can be a headache to deal with. One of my pph’s thought someone was on my account this weekend cause it was a different IP. Remember all sites if winning/crushing closing line will eventually boot you.


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JDS

JDS

Joined
Dec 11, 2021
Messages
55,534
its for sure legal but can be a headache to deal with. One of my pph’s thought someone was on my account this weekend cause it was a different IP. Remember all sites if winning/crushing closing line will eventually boot you.


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Yeah, the difference is you do this with people you know personally right not strangers off the Internet ? You have to establish a certain level of trust in order to do this with someone else.
 

djefferis

djefferis

Joined
Jan 8, 2024
Messages
4,142
Do offshore bookmakers report withdrawals to the IRS?

In general - no.

Keyword is OFFSHORE - they have no affiliation with the USA per US law - its citizens are not legally able to wager from within its borders with their books.

Of course telephone and internet make that possible.

Since they are not operating within the USA - they don’t report to its government agencies.
 
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