Fan In Vegas Bet Cardinals To Win World Series At 999-to-1 Odds

Yahoo! Sports

 

Here comes the tax man....wonder what he takes home after Uncle Sam's cut?

 

Probably 100,000 dollars and if Herman Cain gets his way some apples and oranges.

 

Guy I used to work with is a die hard Card's fan and place 100 bucks on them to win back in April. Do they play the odds at the time of the bet? I don't really know how they judge and such. But either way he could make a few bucks.

 

i think it pays out at whatever the odds were on the day you made the bet. i think

 

You get s betting slip with the odds and amt staked. It pays whatever it was on that day as reflected on the slip.

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Dumb question. I assume you have to return to the spot you made your bet to collect? I've never bet Vegas...

Good score for that dude...I'd be nervous as crap...

 

Yes you have to cash in at the casino where you placed the bet.

And as for the tax man you are required to fill out a W-2G form and 28% of your "winnings" are withheld upon payout. So there's no way around it.

Ain't dat a snitch?

 

Pretty straight up, thats ridiculous though, why tax SO FREAKING MUCH.


If Herman Cain wins it'll only be 9% of your winnings :)

 

Hey...180G's is still a good take...I ain't gonna cry about it...

 

WINNER!

 

[ame=http://www.youtube.com/watch?v=CL4Y0a4fXbk]im rich biatch!!! - YouTube[/ame]

 

I need a loan.