Posted:
#1
Hey guys, this is my first time posting, I'm from the states and I'll be in the UK for the second half of the World Cup and the entire 2 weeks of Wimbledon, it will be a crazy time for sports and betting in that country. I've made a good amount of money these past few months and plan to take it all and bet "legally" at the bet shops and try to do well with soccer and tennis parlays etc...so I have a few questions for those that may be familiar with UK bet shops and if it will be okay for an American to bet and cash out with some cash. I'm looking to go large since it is the World Cup and it is tennis after all.
1) How much can I cash out without having to fill out forms or taxes, esp since I'm not a citizen?
2) Can Americans bet and can we bet large amounts? If I do win big, are there any limits to report and fill out forms/ taxes.
3) Can I open an account and bet online while I'm in the country and then cash out at the end before I leave, so this way I don't have to keep going to the bet shops...I've heard ladbrokes, WH have online betting. Will they allow an American to do that, I've read you need a customer card to withdraw, can I get that too with a passport ID?
4) That's really about it, just trying to take cash, win some bets, and cash out, hopefully with a good amount.
Any other suggestions will be great!
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