@Skulduggery it is possible to go on without draftkings, you could for example use an exchange like prophetx to place the 2nd back bet. https://www.ninjabet.com/prophetx
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@Skulduggery usually when you select the payment method it will indicate the minimum and maximum withdrawal you can do with it. You can also check on the FAQ of the betting site on the withdrawals section or ask their customer support.
@jack
@Claudio-NinjaBet said in Questions about Taxes and Withdrawals:
Hi @hydrokube ! You are taxed only on your net winnings if they are more than 600$. The bookmakers will send you a 1099. But you are only taxed on your net profit
You can read here for example https://turbotax.intuit.com/tax-tips/general/tax-considerations-for-fantasy-sports-fans/L75xYecdS
@KansaiFixer you are 100% right. That's not a small event. But tennis is seen as a very "fraud" prone sport. There are a lot of spotters live at the game.
At the same time I will never understand how they allow bookmakers to limit users. It's like "all you can eat" restaurants that discriminate on who can eat too much.
@eenochs we're still looking into this. You could use the tool from another bookmaker for now to get an idea, odds usually are not so different. For example you could use fanduel or drafkings.
@eenochs this wouldn't be ok with the bookmaker. A bettor would also bet the deposited amount, as expected. The best approach is always to bet the deposit and the freebet. By doing Matched Betting, you will end up with a profit as well.