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Thread: On-line casino dilemma

  1. #21
    Originally Posted by PositiveVariance View Post
    Originally Posted by Midwest Player View Post
    However, some casinos only allow a couple of withdrawals in a day.
    Uhh…Is this not reasonable?


    Curious, do you find it necessary to request more than one withdrawal per day?
    The only reason I could think of the need for more than 1 withdrawal daily would be Cash Flow Issues. Even then by the time you get the money, the line you need the cash for has likely changed.

    If it’s a trust issue with the casino, you shouldn’t even play there, if you need more than 1 daily withdrawal.

    Please, someone correct me if I am wrong.
    It is mainly a tax issue. The IRS likes to see a record of play sessions. I play the promotion and then cash out. I don't see any reason to leave the money in the casino. I cash out at a brick and mortar casino when I leave so why should an on-line casino be any different. Sometimes I play a promotion right after midnight and might play another one in the evening if another promotion is offered.

  2. #22
    Originally Posted by Midwest Player View Post
    Originally Posted by PositiveVariance View Post
    Originally Posted by Midwest Player View Post
    However, some casinos only allow a couple of withdrawals in a day.
    Uhh…Is this not reasonable?


    Curious, do you find it necessary to request more than one withdrawal per day?
    The only reason I could think of the need for more than 1 withdrawal daily would be Cash Flow Issues. Even then by the time you get the money, the line you need the cash for has likely changed.

    If it’s a trust issue with the casino, you shouldn’t even play there, if you need more than 1 daily withdrawal.

    Please, someone correct me if I am wrong.
    It is mainly a tax issue. The IRS likes to see a record of play sessions. I play the promotion and then cash out. I don't see any reason to leave the money in the casino. I cash out at a brick and mortar casino when I leave so why should an on-line casino be any different. Sometimes I play a promotion right after midnight and might play another one in the evening if another promotion is offered.
    Fair enough.
    Promotions are lucrative. Do you have an account in your name and one in the spouses name? Get em twice? lol

  3. #23
    Originally Posted by AxelWolf View Post

    "$60,000 to $100,000 in a month", I assume you're making a profit and not jamming due to some need for action. EvenBob claims they will jam you up over winning a few shekels.
    I don't know what you mean when you say "they will jam you up." Yes, so far I'm making a profit. Last year was the first year I played on-line gaming, and it was the best year of my life. As of right now, this year is the second best of my life.

    As an example, since Nov 1st of this year until right now I played 88 sessions with both cash ins and cash outs with 3 different online casinos. Out of those 88 times I played, I lost only 8 of those sessions. Net win for that time period was a little over $21,000. This is unusual, since Nov was exceptionally good. For the entire year I'm close to 500 sessions played.

  4. #24
    Originally Posted by Midwest Player View Post
    Originally Posted by AxelWolf View Post

    "$60,000 to $100,000 in a month", I assume you're making a profit and not jamming due to some need for action. EvenBob claims they will jam you up over winning a few shekels.
    I don't know what you mean when you say "they will jam you up." Yes, so far I'm making a profit. Last year was the first year I played on-line gaming, and it was the best year of my life. As of right now, this year is the second best of my life.

    As an example, since Nov 1st of this year until right now I played 88 sessions with both cash ins and cash outs with 3 different online casinos. Out of those 88 times I played, I lost only 8 of those sessions. Net win for that time period was a little over $21,000. This is unusual, since Nov was exceptionally good. For the entire year I'm close to 500 sessions played.
    It was a joke: Perhaps you are unaware of EvenBobs "I can beat roulette" claims with an 80% hit rate. Yet, he only makes enough to pay his bills. Whenever he is asked why he's not making bank, he claims the casinos won't tolerate all the winning and will "jam him up"(my words not his) IE put a stop to him. Obviously one could make a significant amount before they would ever catch on.

    P.S. Good job hitting the online plays.

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