Phins Super Bowl Odds a Good Value Bet? | Page 2 | FinHeaven - Miami Dolphins Forums

Phins Super Bowl Odds a Good Value Bet?

40-1 is not so good from Vegas imo for the Phins. Vegas casinos will issue a 1099 if you win more than $600, so after you pay taxes on it, the payout is more like 25-1. Either get a bookie under the table or save your money.

Which is why making any kind of real money on sportsbetting is a pipe dream for 99.9% of bettors. You not only have to beat the juice but survive the IRS shakedown as well. Anyway, I wouldn't be advocating tax evasion under any circumstance. Yeah it's all great and all until you slip up and get audited and then you're in Federal pound me in the *** prison.

Just play for the entertainment with money you can afford to lose and don't live the pipedream of turning it into a full-time job.
 
Back
Top Bottom