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BetOnSports.com about to go bust

Discussion in 'Anything goes' started by Freelance Hack, Jul 24, 2006.

  1. Freelance Hack

    Freelance Hack Active Member

    http://news.zdnet.com/2100-9588_22-6095251.html?part=rss&tag=feed&subj=zdnn

    Doesn't look good for online gambling in the States.

    Quick question -- For those of us who have bet on sporting events using BOS or another of these sites, are you fearful of what the government may do to you?

    I used to bet on Intertops, but it wasn't very much or for very long. Did these online books take out taxes and such on large winnings?
     
    Freelance Hack, Jul 24, 2006
    #1
  2. Inky_Wretch

    Inky_Wretch Well-Known Member

    I have accounts with Thoroughbets (for horse racing) and Full Tilt (for poker), but I'm not too worried about this. I can't imagine the authorities going after the small-time bettors like me.
     
    Inky_Wretch, Jul 24, 2006
    #2
  3. Columbo

    Columbo Active Member

    I never had to worry about net winnings.

    But intertops was the best I dealt with.
     
    Columbo, Jul 24, 2006
    #3
  4. Freelance Hack

    Freelance Hack Active Member

    Online wagering on the ponies is still legal (that was the only loophole in the federal ban, IIRC). Betting on other professional sports is not.
     
    Freelance Hack, Jul 24, 2006
    #4
  5. Starman

    Starman Well-Known Member

    Team America is coming to get you. :eek: :eek:

    [​IMG]
     
    Starman, Jul 24, 2006
    #5
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